An online poker room might run a satellite tournament where the buy-in is $50. They will pool that money and award as many seats to the $500 as they can. So, if 30 people play in that $50 satellite, the prize pool is $1500. They will award the top 3 winners of that tournament with a seat in the $500.
Good sites will offer a range of real money poker offerings, from cash games that fill quickly and run round-the-clock to nightly tournaments that carry big guaranteed prize pools. Plus, reputable rooms on the web will provide players with the chance to play at online satellites that offer packages into major live events like the World Series of Poker or World Poker Tour.
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Best Online Poker Tournaments for Real Money. Ignition poker tournaments provide some of the hottest action you can find anywhere in the online poker world. With a small buy in, you can battle your way to a final table and possibly win a huge real money payout! But conquering the best online poker tournaments takes more than just sitting down, making some splashy plays, and cashing in. Ignition poker tournament payouts come to those who play smart, but also who can hang in through a long ...
MTTs or multi-table tournaments are the standard format of tournaments in online poker. Similar to all tournaments, every player pays a buy-in fee and gets a stack of chips to play with. MTTs take place over multiple tables with a specific number of players per table, usually 9. Some tournaments have 8, 6, 4 or 2 players per table.
888Poker comes in at number three in our rankings of best online poker sites for tournaments. 888Poker is the flagship site of the 888 Poker Network, which is currently one of the ten largest ...
Speaking of playing with real money, there might also be a sixth option under Tournament Types when you log in. Ignition Poker hosts some of the biggest annual poker festivals you’ll find online, including the Super Millions Poker Open (SMPO). When this festival is running, you’ll see a checkbox for SMPO tournaments.
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A freeroll is a poker tournament that doesn't cost real money to enter, but awards a real prize to the top finisher(s). Usually it's cash, but it can be a tournament entry or other prizes. Freerolls are a popular promotion at online poker sites to either reward active players or entice new players to sign up and enter a free tournament.