It's been one month since PokerStars kicked off its VIP Club and now players are starting to cash in their VIP Club Frequent Player Points.

On Saturday, several of the VIPs will sqaure off against 2005 World Series of Poker Champion Joe Hachem in single-table tournaments at 6pm and 7pm ET.

The VIP Club offers its members the chance to play against any of Team PokerStars' WSOP champions. If you are one of the first nine people to register for this single-table tournament, you can square off against Joe and see if you are ready to take on the champ. The buy-in is 15,000 FPPs per person, but the prizes are cash (see below), and you could even get an extra bonus if you knock out the champ.

First place: $1000
Second place: $500
Third place: $300
Fourth place: $200

Bounty on the champ: $250

To watch, click on Tourney and VIP in the PokerStars lobby. To learn how you can play against world champions, visit the PokerStars VIP Club home page by clicking here.