Issue 296
May 15 - May 21, 2006
Volume 6
page 3
 

Satellite Poker Tournaments
By John Marchel

 

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.

Website: casinocitytimes.com/john-marchel/


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