Absolute Poker and UB, which are both owned by Tokwiro Enterprises, will host the event this Wednesday, Jan. 20, at 20:30 ET.

The tournament buy-in will be $5 with a turbo rebuy format and Tokwiro will match 100% of the cash that is raised through the tournament.

"Along with the rest of the world, we've watched the headlines and news unfold with growing horror as the magnitude of the devastation in Haiti has been revealed," said Paul Leggett, Tokwiro's CEO.

"We believe we have a duty to do what we can to help raise funds and awareness for the plight of the people of Haiti, and our 'Play for Haiti' tournament is one small way we can work with our players to contribute."

Concerned players won’t walk away empty-handed as UB and Absolute Poker have added over $10,000 in prizes including a $2,500+$100 entry into Ultimate Bet Online Championship Event 8 for first place.

All the money from the tournament will go towards the Red Cross Disaster Relief Fund.

The event can be found under ‘Play for Haiti’ in the special tournaments lobby on both UB and Absolute Poker.