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A Look at Online Poker Tournaments

Posted on September 23, 2020 by Michael Tyree

Over the course of the last ten decades, a substantial number of women and men have become actively involved in all types of online gaming, and poker is certainly no exception. In fact, with poker's recent rise in popularity - hundreds of thousands of individuals from the world over involve themselves in Internet based poker tournaments each and each year, and the numbers are rapidly growing.

To some, the very concept of entering a"tournament" may seem intimidating, but they are not just for the aspiring card professional. Nowadays there are players of all skill levels participating on the tables, and entry fees as low as a few dollars.

What Are Online Poker Tournaments?

There aren't lots of significant differences between poker tournaments played in cyberspace and those conducted in the physical world. The obvious difference is when playing in an online poker game your opponents aren't physically seated next to you. Asides from that, the rules and betting structures are normally the same.

Tournaments of all types and sizes are available for online patrons to enter, from single table"pick up" games to massive multi-table occasions.

Single table tournaments aren't unlike what many folks are already accustomed to playing on a Saturday night at home with friends - 6, 8 or 10 players at one table, with the top 2 or 3 places dividing the prize money. At just about any online poker room these pick up games run all day long, commencing immediately once a table is filled, and opening a new table to seat the next set of players.

Multi-table tournaments can be comprised of as few as two tables, but it's not unusual for a larger online tournament to attract thousands of entrants. In theory, because of today's modern computer and communications technologies, it's possible for an online poker tournament to have literally an unlimited number of entrants, as there are no physical limitations to the amount of tables they can use.

Games Played at Online Poker Tournaments

In this day and age, nearly any kind of poker game can be found played at one poker venue or another. While the increasingly popular Texas Hold'Em remains a favorite for large-scale occasions, there are different kinds of poker games that are becoming increasingly popular in the online poker tournament scene in recent years; such as 7-Card Stud, Omaha, and their Hi/Lo (split pot) counterparts.

Tournament Buy-Ins

Online poker rooms have the financial advantage of no space constraints and electronic dealers, which allows them to offer much more flexibility when it comes to how low tournament buy-ins can go. For new players or those on a budget, there are entry fees as low as a dollar at some venues, and sometimes, even free tournaments with real prizes for new players (commonly known as"freerolls").

On the opposite side, for more experienced players and those who prefer higher stakes action, single table buy-ins can go as high as $500 at some places, and direct buy-ins for bigger multi-table events often run into the hundreds too.

Most online tournament operators charge an administrative fee of 10% that is added to the buy-in. A $10 tournament for instance, would cost a player $11 in total to enter ($10 + $1). This 10% is where the house gets its profit, with the rest of the money going towards the prize pool for winning players.

Satellites and Super-Satellites

Some larger tournaments may offer as much as tens of thousands of dollars in prizes, which requires large entry fees from it's participants to be able to fund. In some instances, organizers of these poker events will utilize a series of"satellites" and"super satellites" as part of the tournament structure to allow players an opportunity to work their way up into the main event without the expense of a direct buy-in.

Satellites are essentially inexpensive poker tournaments, the winners from which advance to either a super-satellite (see below) or directly into the main tournament event. These are also occasionally referenced as 'qualifiers'.

Likewise a super-satellite is a higher-priced version of a satellite tourney - not as expensive to enter as a direct buy-in, but with a higher entry fee than a regular satellite. Winners advance onto the main tournament event with fees paid, and will also often receive cash prizes also.

To summarize, whether you are just searching for a fun way to challenge your amateur skills or aspiring to be the next World Series Of Poker champion, online tournaments can provide any level of player with a fun poker experience at a price to suit any budget, perhaps of even winning a bit of money along the way. Definitely not just for the pros anymore.