One of the best ways to compete online where you can see a clear placement of winners, not to mention scheduled prizes, is by entering online poker tournaments. With a cash game, players can enter and exit as they please, and the blinds will always stay the same. With a poker tournament, the blinds gradually increase to slowly eliminate more and more players until a champion is eventually crowned!
Registered players will all have to take their seats at a table at the scheduled start time. All players are given the same chip stack, and blinds start at a relatively low level. Once you run out of chips (unless rebuys are permitted), you are out of the tournament. The goal of the poker tournament is to try and stay in as long as you can, and knock out the other players while doing it!
While the tournament is in progress, players may be moved to a different table during the game. This is to ensure that each table has an equal number of players.
As more and more players are eliminated, a number of players will eventually make it “in the money”. This depends on the number of entrants as well the payout structure. Being ‘in the money’ means you turn a profit from the buy-in you paid to enter the tournament. For example, if tournament has a $10 entry and 300 players will have a prize pool of $3000.
This prize pool is distributed to a small group of remaining players who make the money, instead of just the winner alone.
As the game comes to a close, there will eventually be a final table with the remaining few players to battle it out for the win. Chips stacks are massive, and the blinds are accordingly very expensive. Play will continue for as long as it takes to for one player to hold all the chips. This player is crowned champion and wins first prize!
You can have a look at our latest online poker tournament results by visiting the player administration area through the Poker Room software. You are also able to learn about how our tournaments payout schedule is calculated.
If you want to cut the reading and get straight into the action, simply open up your Poker Room software and follow the instructions to start playing.
In Poker Room, select the Tournaments tab and then double click on whichever tournament you would like to enter.
Assuming you are eligible to enter the tournament, click on the “Register” button.
You will then be asked if you wish to confirm Registration. Click on the “OK” button
Once you are registered, your name will appear shortly in the player list.
Best of all, there are a wide range of options when choosing the style of poker tournament that is right for you and right for your bankroll. Playing online gives you all the options, immediately accessible in the poker software.
Check out the full range of tournament options available at iHoldem’s Poker Room: