A Satellite Poker
Tournament is a smaller, less expensive buy-in tournament in which
one or more of the prizes consists of a seat in a more expensive and/or
larger buy-in tournament.
For example, if
you won a $100 buy-in satellite tournament in the one of the poker
rooms or on-line, one of the top winning prizes might be a chair in
a $1000 buy-in tournament (the next step up the tournament ladder).
So, instead of distributing the prize pool over the top chip winners
as done in standard tournaments, the prize or part of the prize pool
is used to buy a chair at the next level in the poker tournament ladder.
When Chris Moneymaker
won the 2003 World Series of Poker (WSOP) in Las Vegas, he had originally
paid $40 to enter an on-line satellite tournament, which he won. That
win paid his $10,000 WSOP entry fee. Large tournaments like the WSOP
generate a lot of satellites both live and on-line.
About
the Author
John has been a successful casino player for over 25 years. He has
played in Europe, Panama, Bahamas, Canada, Atlantic City, Las Vegas,
Reno, on Indian reservations, cruise ships and in dozens of cities
throughout the country. Since 1988 he has combined his vast experience
as a manager, teacher and player to present seminars and lectures
about gambling all across the US. John has an Internet site at www.jme.com.
He also publishes The Gaming Bulletin, a monthly Internet gambling
newsletter and is the author of 101 Casino Gambling Tips, and the
K.I.S.S. Guide to Gambling.
Friday Night Fever Weekly
Slot Tournament Sam's
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Every Friday night
Registration: $20.00
Call 800-456-0711 for more information
King's Ransom Blackjack Tournament Boulder Station,
Las Vegas, NV
Every Saturday
Registration: $25.00
Call 702-432-7777 for more information