Real Money Poker Tournaments

Many people play online poker tournaments and some players strictly play in tournaments. You need to use a different playing style in tournaments compared to cash games since you can’t just keep re-buying if you lose your chip stack. There are a lot of different real money poker tournaments available online and we’re going to take a look at most of them below. In order to play in most of the tournament formats listed below you’ll need to join a poker site with enough players to support many tournament formats.

Best Site for Real Money Poker Tournaments

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Guaranteed Poker Tournaments

In a guaranteed poker tournament the poker site will guarantee that the tournament has a certain amount of money in the prize pool even if there aren’t enough participants by the time it begins.

Freeroll Poker Tournaments

Freeroll tournaments are free to enter and they have various prizes up for grabs. Most freerolls have cash prizes for the top few players in the tournament although some freerolls have other prizes.

Satellite Poker Tournaments

In a satellite tournament players compete in hopes of winning a chance to compete in another event. For instance, in a WSOP satellite tournament player’s buy-in and compete for the chance to win a seat into the WSOP.

Rebuy / Multi-Entry Poker Tournaments

Rebuy tournaments allow players the chance to buy-in to a tournament multiple times. In some cases players will also have the chance to add-on a certain amount of chips during the tournament’s 1st break. Prize pools are always bigger in these tournaments, but they also generally take a lot longer to play.

Bounty Poker Tournaments

This type of tournament is played like any normal poker tournament except there is a special bounty prize available for knocking out a certain player. For instance, some poker sites host events with pros and there are special prizes for knocking out one of the pros in the event.

Knockout Poker Tournaments

In knockout poker tournaments players need to all pay a buy-in + an extra knockout fee that goes into a separate prize pool. Each time you knockout a player in this type of tournament you instantly receive their bounty.

Best Sites to Play Real Money Poker Tournaments

If you want to play the types of tournaments listed above plus a few other unique tournaments you should join Full Tilt. There is millions of dollars in guaranteed tournaments every month at Full Tilt including a monthly $1M Guaranteed Event. You can also play a unique version of poker tournaments called Rush Poker tournaments at Full Tilt. These tournaments are the fastest way to play online poker, as every time you fold you’re automatically brought to a new table and dealt a new hand.

Real money online poker tournaments offer poker players the chance to win a lot of money without spending a lot. With many cheap tournaments and ways to qualify for the expensive tournaments, you don’t need a huge bankroll to begin playing.