Tournaments are one of the most popular ways to play poker, with events taking place at land-based and online casinos regularly. Poker tournaments offer players the chance to compete against each other for potentially huge prizes, with fairly small buy-ins.
For example, at the Grosvenor Poker Goliath Main Event in 2023, UK player Alex Todd claimed the top prize of £178,860. Goliath X Main Event is the biggest live poker tournament to take place outside of Las Vegas, with a buy-in of only £150. There are several online poker tournament variations to choose from at gaming sites, with something for all tastes. In this guide, we will take a look at 11 examples and share some helpful tips on how to play.
The 11 online poker tournament variations below have different formats and structures. A little bit of research into a tournament before you start playing can help you understand what to expect and whether it is right for you. Here is an overview of each variation to get you started.
Sit and go poker tournaments usually involve a small group of players, often with 6 to 10 seats at a table. That means they tend to be quick and simple.
Unlike some other tournament variations, sit and go poker tournaments begin as soon as each available seat is filled. Buy-ins tend to be low, and prize pools are typically based on how many players register. Sit and go tournaments are ideal if you want to enjoy a brief, low-commitment tournament.
Progressive knockout poker tournaments split entry fees between a prize pool and a bounty fund. This adds an extra element of competition to the game: players claim a bounty payout each time they knock other players out of the tournament.
As it is progressive, the bounties get bigger and bigger as the tournament goes on. The more players you knock out, the better your chances of winning (and the better your bounty earnings).
A single-table tournament is played on a single table (as you might expect) with around 8 to 10 players. The size of the prize pool is based on entry fees. The tournament runs until one participant claims the biggest share of the prize pool. That is usually around 50%, with runners up winning about 20% to 30% each.
Multi-table poker tournaments feature a large group of players across any number of tables, ranging from just two to potentially hundreds at the same time. Multi-table tournaments are fast and dynamic: losing players leave, the number of active tables decreases, and eventually just one table is left standing.
Heads-up poker tournaments involve a chain of one-on-one games. Both players start the tournament with an equal amount of chips. When one player has all of the chips on the table, they win and move on to the next round. The tournament whittles the number of players (e.g. 64) down to the final pair.
Players can take part in freeroll poker tournaments for free — there is no mandatory buy-in. You can still win real money in freeroll tournaments, though the prize pools tend to be smaller than those that demand a buy-in from each player. If you are new to poker and want to gain some experience without risking your money, freeroll tournaments offer a great opportunity to learn.
A ‘bounty tournament’ is the same as a progressive knockout event: a percentage of a prize pool is paid out in bounties whenever a player knocks another out of the tournament. Players keep the bounty on an opponent’s head, which can top up their overall winnings.
In a rebuy poker tournament, you have the option to buy more chips once you lose them all and keep playing. You do not need to leave the table once your stack is gone, which essentially gives you multiple chances to stay in the event. However, it is crucial that you set a limit for yourself before you enter a rebuy tournament to avoid wagering more than you intend to.
Hyper-turbo tournaments move fast: blind levels increase every few minutes, and the number of hands played at each level tends to be low. It is common for players to become short stacked rapidly, which can make winning difficult for even the most experienced poker player.
Freezeout poker tournaments can be brutal: as soon as you lose all of your chips, you are out of the tournament permanently. No re-buys, no re-entries. It is over. In freezeout poker tournaments, it is especially important to take care of your stack and make sensible decisions. Otherwise, you could be out of the tournament sooner than you might like.
Despite their name, Terminator tournaments do not involve playing poker against killer cyborgs from the future. Instead, they are similar to freezeout events: when you lose your stack, you are out of the tournament. However, there is one big difference: each player has a ‘Terminator Chip’ with a real-money value attached.
Whenever you go all-in, you need to post your Terminator Chip with your standard chips. If you lose it all, you are out and your Terminator Chip is passed on to the player you lost to.
Payouts vary from one poker tournament to another, depending on the event’s size and format. The biggest portion of a prize pool goes to the players who finish in the top spots.
The payout structure is finalised ahead of a tournament, and usually corresponds to the number of players to sign up. A payout table may be used to illustrate the amount of money awarded to each finishing place (e.g. first, second, etc.). Points are often awarded to players, too, which may earn them a place on a leaderboard or in another tournament.
If you are considering entering a poker tournament for the first time, you need to understand the structure and rules before you dive in. The majority of tournaments require an entry fee and incorporate preset blind levels. You may receive a specific number of chips at the start, too, which might need to last you the whole tournament (in freezeout scenarios). Playing strategically is important to stay in an event as long as you can.
However, competition can be fierce in online poker tournaments, especially when taking on seasoned players. As a beginner, it is usually best to focus on enjoying the experience and learning more about how poker works. Freeroll tournaments are ideal for that.
Here are a few tips for playing poker tournaments.
Avoid bluffing too often. It can be a powerful technique when used properly, but if you do it too much, you could appear amateurish or as if you are trying too hard.
Be careful when determining which poker hands to play: only play hands that you feel confident are likely to succeed. Folding when you have a potentially weak hand may be the best option, even if it means exiting the tournament early.
Bankroll management is important in any poker tournament. Stay within your set budget and make sensible bets to avoid burning through your bankroll too quickly.
Want to try a poker tournament online? Plenty of poker sites host poker games and tournaments, so deciding where to play can be tough. Here are our recommendations to make it easier.
Poker tournaments offer a chance to compete against other players of different skill levels, have fun, and potentially win big money. There are numerous variations and different structures to explore, from free-to-play tournaments to freezeouts. Research any tournament that catches your eye carefully, so you know what to expect before you sign up.
In any poker tournament, always gamble responsibly. Only bet what you can afford to lose and manage your bankroll sensibly.