Online Poker Tournaments
Online poker tournaments are immensely popular these days because the risk is small but the potential reward is massive. Players buy in for a fixed amount and then the tournament is played until one player has all the chips. Prizes are then distributed to the top players based on how well they placed in the tournament.
You’ll commonly see online poker tournaments simply referred to Multi-Table Tournaments, or more simply, MTTs. They come in all shapes and sizes from small freeroll tournaments that cost nothing to enter to large events that have $1.5 million prize pools.
Some of the biggest online poker tournaments feature prize pools containing millions of dollars. It’s hard to believe but online poker tournaments are coming close to being as large and as lucrative as the biggest live events in the world.
The sit-and-go (SNG) tournament is another popular form of poker tournaments. SNGs don’t have scheduled start times like MTTs- they simply start when enough people have sat down at the table. SNGs are usually single table tournaments but there are also multi-table SNGs that combine the best of both worlds.
Check out these related tournament pages:
Advantages of Online Poker Tournaments
Online poker tournaments have so many advantages over live tournaments it’s not even funny. The only thing live tournaments have over online poker tournaments are bigger prize pools. But with some online poker tournaments with multi-million dollar prize pools, the difference there isn’t that great.
1. Online tournaments move much faster
You can play in way more tournaments on the computer than you can in real life. A typical live poker tournament can take up an entire day or two but online tournaments can be completed in just minutes or hours.
The pure volume you can achieve in online tournaments simply cannot be matched by live tournament play. The game moves faster, the cards are shuffled instantaneously and you can play at multiple tables at a time.
2. Risk a little to win a lot
Online poker tournaments usually have small buyins relative to the amount of money you can win. The PokerStars Sunday Million tournament has a guaranteed prize pool of $1,500,000 every week and the buyin is just $215. Compared to the $500, $1,000 and $10,000 buyins you see at live tournaments, $215 is a steal.
3. Play from the comfort of home
Don’t have a casino nearby? No problem! All you need to play an online poker tournament is your computer and a connection to the internet. When you play from home you can wear whatever you want, take breaks whenever you want and generally just be more comfortable so you can concentrate on playing smart poker.
Double or Nothing SNGs
New strategy article and explanation of the wildly popular Double or Nothing Sit and Go! The short ‘n nasty: 10 players enter the tournament; 5 of them double their money, 5 of them go home empty handed. Can you outlast 50% of the competition?