Tournaments provide a great opportunity to win big cash rewards. Each player starts with an equal number of chips and competes to get crowned the winner.
These grant players access to participate in specific poker tournaments without having to pay the direct buy-in fee using cash.
It is typically a non-monetary form of reward that players can earn and use to enter various tournaments.
Types of tournaments
Free Tournaments In this type of tournament, players can enter and play without paying any entry fee. These are commonly called Freerolls.
Guaranteed or GTD Tournaments In this type of tournament, a minimum prize pool is “guaranteed” irrespective of the number of participants or buy-ins.
Satellite Tournaments Satellite tournaments are qualifying tournaments that offers players an opportunity to win entry to a higher-stake tournament or series.
Rebuy Tournaments In this type of tournament, players have the option to rebuy additional chips after losing their initial stack.
Re-entry Tournaments Re-entry tournaments allow players who have been eliminated to re-enter the tournament and play again. In this, players who are eliminated must register again as a new player if they wish to re-enter.
Multi-Table Tournaments Multi-Table Tournaments involve a large number of players competing across multiple tables simultaneously. Players who reach the final table have a chance to win substantial cash prizes, with the lion’s share of the prize pool typically going to the tournament winner.
Heads-Up Tournaments In this type of tournament, each match consists of just two players facing off against each other, one-on-one. Unlike most poker tournaments, where players compete against a large field at different tables, heads-up tournaments involve a series of individual matches until only one player remains undefeated and is declared the champion.
Turbo Tournaments These tournaments are designed to be quicker and more action-packed compared to standard tournaments. The primary feature that sets turbo tournaments apart is the shorter blind levels and the subsequent increase in blinds at a faster rate.
Hyper-turbo Tournaments They are a highly accelerated format of poker tournaments designed to be lightning-fast and intensely action-packed. The defining characteristic of hyper turbo tournaments is the extremely rapid increase in blind levels, leading to swift progressions in the game.