Looking For Big Money Play? - Try The Multi Table Tournaments
If you are considering playing online poker you have a wide variety of choices in games and formats. There are ring games where you play for the actual amount of monies you start with and so you can win the stacks of what the others around the table have put up. Then there are the tournaments where you can really win HUGE amounts depending on the number of players in the tournament. Players in multi table tournaments are required to register for at least 5 minutes before the start of the game. Some of these tournaments are free of charge and they are called freerolls, others require a buy-in and a small start up fee. The buy-in is collected for the prize pool and the fee goes to the poker room as the participation fee. Players in these tournaments can range from fifty to three or four thousand players. These games can last as long as 12 to 18 hours straight.
Of course if you find yourself still in the tournament after 12 hours then that could only mean you are “in the money”, that is you are guaranteed to win some portion of the prize pool. If you win the tournament your winnings could be as high as 1 million dollars if not more. There are some poker rooms which offer these prize pools every Sunday. On other days the prize pools range from $1000 to even $500,000. There are usually hundreds of tournaments taking place every day with amounts to suit any budget.
After registering for an online poker tournament you will be assigned to a table and be seated randomly. Players all start with the same amount of chips usually between $800 and $3000 but the amounts may vary according to the tournament. Elimination from the game starts with the player who loses all his chips first and you will be redirected to another table as the players become less so that there are always a minimum number of players in every table. This happens to keep all the tables balanced, this continues until there is only one table left and this table is referred to as the “money table”. The elimination process become easier as the game progresses because of the increasing blinds after a set number of minutes which seeks to reduce your bankroll.
There are a few different types of tournaments in the multi table format of the online poker rooms. I mentioned the freeroll already but there’s also added events where the poker room adds an additional amount of money to the prize pool. Then there are the guaranteed tournaments meaning that the prize pool is guaranteed before the start, say at $10,000 or $1,000,000 or whatever level. The turbo tournaments can be quite fun as these are for impatient players who hate those players who take forever to play their hands thus frustrating the other players who will then go on tilt and lose. These tournaments have increased blinds at a faster rate, great if you don’t have much time to spare.
Re-buys and add-ons allow you to buy your place back into the game if you have been eliminated before a specific time. You also have the option of adding more chips to you stack again before a specific timeframe. There are also bounty features, in this game all players carry a bounty on their head of varying values and if you eliminate any of them from the tournament a special bounty bonus is awarded to you.
All in all online poker tournaments are not only great fun, but because of the amount of monies involved they could literally change your lives. It’s like winning a lottery or a mini lotto.
