Types of Poker Tournaments
What are the various types of tournaments and what might be the best for you to play in.
I will start with the least complicated types of poker tournaments.
SIT-N-GO Tournaments
A sit-n-go tournament is the type of tournament where you sit down at the table with a small number of players and play until one person has all the chips. They are FREE, thus, they are worth trying them out and reading the different nuances about them.
Freeroll Tournaments
Freerolls tournaments are almost always multi table tournaments. Freeroll poker tournaments us usually have between 500-2000 players. Of course, freeroll poker tournaments are free to enter. However, because of the number of poker players that enter these poker tournaments, you MUST be lucky enough to register in time.
GUARANTEED Tournaments
These poker tournaments usually are multi table tournaments with a GUARANTEED prize pool. Prize pool is guaranteed to be a set MINIMUM amount. In addition, these poker tournaments generally require that you put up some money (buy-in) to play in the poker tournament. Do not worry, the usual buy-in can be as low as $1.00 + $10.
Generally, these poker tournaments are the best poker tournaments to buy into since the prize pool is guaranteed. Thus, if 50 people buy into a $2.00 + $.20 $500 guaranteed tournament, the prize pool entries will only add up to $100. The poker room is then responsible for the other $400 in the prize pool. Finally, this poker
tournament generally has fewer players in the game. Thus, your chances are much better to win a bigger pay-off!
FREEZEOUT Tournaments
These poker tournaments do not allow re-buys or add-ons. Thus, you can only play with the chips you started with and are out of the poker tournament when you lose them all.
Tournaments that are not guaranteed – If you see a tournament with a buy in amount only, this means the tournament prize pool is determined exclusively based on the number of entrants. Included in these poker tournaments are RE-BUY / ADD-ON Tournaments which are not that popular.
SATELLITE Tournaments – fall in this poker tournament and are popular! Satellite poker tournaments do not pay any actual money. When you play in a satellite tournament, you are playing for an entry into a larger poker tournament.
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