Poker Tournaments Explained
With the value of online gaming set to exceed $182,8 billion by the end of 2015, it is clear that online casinos are heading for a record breaking year. Despite the decline in land based casino revenue, online establishments are generating huge profits both through friendly and tournament play. Tournaments are particularly lucrative as they encourage players to spend real money in the pursuit of huge financial returns. In addition to a variety of poker games, there are a number of online poker formats, each one suited to different levels of poker players, and it is important to understand the differences. Let’s take a look at three of the most popular tournament formats for 2015.
1. Sit and Go Tournaments
Arguably the most unpredictable poker tournament format, Sit and Go events have no pre-determined start time and minimal restrictions in terms of head count and players numbers. It starts when the available seats are filled and can range from heads-up to as many as 990 players within a single sitting. Although live gameplay is a pre-requisite, it can be held in satellite or real cash tournament form, meaning that players can have the chance to tailor their experience and set themselves up for the best possible chance of winning.
2. Fifty50 Tournaments
In contrast, Fifty50 is a one-table event and although there are more restrictions in terms of entrants and game play, it is very similar to a traditional Sit and GO. In Fifty50, the event ends when half of the players have been eliminated, meaning that at least half of all participants will be rewarded with a pay-off of some sort. The pot is equally distributed amongst the participants, offering a greater chance of success for the less experienced player.
3. Multi-Table Tournaments
Multi-Table Tournaments, or MTTs for short, are often considered the biggest thrill of all poker game formats as they challenge poker skills and give the player the chance to win big with small wagers. The format requires each player to start with an equal, fixed number of chips. Players then compete for one another’s chips as the blinds and/or antes increase gradually. When a player runs out of chips he is eliminated from the tournament and the final rounds are played on a single table with the remaining players. This format requires a cool head under pressure and keen attention to detail, as one winner scoops the total pot while everyone else returns home empty handed. 888 Casino Welcome Bonus Play online poker at 888 Casino today and get a welcome bonus worth up to CA$1500.