Types Of Poker Tournaments

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  1. Types Of Poker Tournaments

The DIAMOND Monthly Final Tournament

The DIAMOND Tournament is played monthly.
You qualify for the DIAMOND tournament by placing in the Top 50 at the end of the monthly session.
Your progress throughout the session is displayed in Column A of the scores page.
If you qualify in Column A and also rank in the Top 25 in Tab Points your standings will appear in both Column A and Column B
Scores for the DIAMOND Tournament will be reset at the end of each month.
The prize for winning the monthly DIAMOND tournament will be awarded as follows:
If you are a winner who qualified from Column A, but you did not qualify in Column B, you will receive a $100 WFP Check or Visa Card
If you are a winner who qualified from Column B you will be awarded a $250 WFP Check or Visa Card and a $250 Sponsored Tournament Seat*
*Any player who wins a sponsored tournament seat must submit a tournament receipt within 30 days of winning their prize. We can not allow exceptions to this rule under any circumstances.

The HEARTS Tri-Monthly Final Tournament

The HEARTS Tournament is played every three months
The HEARTS Tournament rankings appear in the right-most column of the scores page.
You qualify for the HEARTS tournament by placing in the Top 50 at the end of a three-month session.
You must place in the Top 100 for each month for points to carry-over.
If you win the HEARTS Tournament you will be awarded a buy-in to a tournament which offers a $100,000 prize pool guarantee.
At the end of each month the scores for the HEARTS Tournament will updated.

Freeze-Out Poker Tournaments. It is one of the most popular and oldest formats of online poker online games. Here when a player loses his chips, he is out of the tournament. Some of the renowned tournaments like the World Poker Tour and World Series of Poker follow this format. Most of the online sites run this convention format of the game.

The SIT-n-GO Tournament

The sit-n-go are single table tournaments
Level 1 scoring applies
All players start with $1500 in chips, blinds start at 10 minutes.
Players are not limited to the number of Sit N Go Tournaments they may play.
New Sit-n-Go tables will open as tables become available.
Sit-n-Go tournaments run at the Meadowlands Racetrack and Winners Bayonne.
Sit-n-Go tournaments run concurrently with Final Tournaments.

The DOUBLE-POINTS Tournament

Periodically throughout the season special Double-Point Tournaments will be announced. Your scores are credited with double the points they would normally earn at a Final Table. The double-points earned are entered into the Bonus Points and Total Points column and apply towards DIAMOND and HEARTS tournament points. Typically Double-Point Tournaments are held when we open a new location or special promotions.

We offer daily poker news, poker professionals' blogs and tweets, exclusive poker videos, thousands of free poker articles, as well as coverage from all major poker tournaments in the world. In fact thousands of people can be found playing online poker every month for the first time. You may be one of those people who are interested in online poker in recent times. As a result, you may be interested in finding out more about the various types of online poker tournaments that are conducted online with regularity. The Biggest Types of Poker Tournaments in any Poker Room Online tend to be Texas Holdem games. This is then followed by Omaha which is also steadily increasing in popularity and a very fun game you should try and practice. Satellite tournaments are the same as multi-table tournaments however the prize is no longer cash the prize is now entry or a buy-in into a larger poker tournament with a bigger reward. Some poker tournaments can have buy-ins above $10,000 and Satellite tournaments allow players to win these tickets as a prize from a tournament which can see a.

The DOUBLE-TAB Tournament

Periodically you will be allowed to boost your scores and your progress in Column B of the HEARTS tournament qualifiers list by receiving double the points you would normally receive when turning in your tab after a Double-Tab tournament.

Team Play

Team Play is a new WFP event, invented by Lead Dealer Christina. Basically there are teams consisting of five members, including a Captain, that compete against each other. It's easy, It's fun. It brings competition and WFP events to a new level. For more information please visit or TEAM PLAY page.

Knockout Tourney

Every player is a bounty and worth 100 points to the player who knocks him out.

Types

Dealer Bounty Tourney

Different types of poker tournaments

Bounty is worth 30 points. Bounty determined by button at start of game. Only 1 bounty per tournament. If bounty make it to 1st place, bounty gets 60 points.

Bounty Rollover Certificate Tourney

Scores are tracked for a 2 weeks session. Top 5 play on Week 3, in 1st tourney against all regular players, as Bounties. A Player that KO’s a Bounty gets 30 points. If a Bounty finishes 1st, they win a $25 Gift Certificate. If no Bounty wins, it “rolls over” to the next session, and increases by $25. Scores are reset each session.

WFP's WPT/WSOP Yearly Finals

Sponsorship: Buy-in to a major WPT or WSOP event like the Borgata Open in Atlantic City, NJ (up to $3500 seat). The new season for the WFP's WPT/WSOP Yearly Finals will begin as soon it ends. For more info see our SCHEDULE or the SCORING page.

If you’re new to poker or have only played certain types of tournaments, you might not know all the types of poker tournaments available. This article will define and describe the most popular types of poker tournaments.
Buy-ins
Most poker tournaments feature a buy-in. A buy-in is the cost of a place at one of the table. In most cases, a portion of the buy-in, most typical is 10%, goes back to the house. All of the buy-in amount constitute the prize pool. The prize pool is distributed among the winning players in graduated amounts. The first place prize receives the most and subsequent winners received lesser amounts.
Freeroll
A variation of the buy-in type tournament is the freeroll. A freeroll is a free entry to a tournament. This is helpful for players who are building their bankroll and don’t have the money to cover higher buy-in tournaments as well as for those who don’t gamble often but like the game of poker itself. In most cases, when a player busts out of a freeroll, they are out of the tournament. In one type of tournament called a freebuy, if the player busts out, they can in turn buy themselves back in for a fee.
Freebuy
The latest innovation in poker tournaments is the freebuy poker tournament. A freebuy is a free chance to play in a tournament. If the player busts out, he or she will have to buy themselves back in. It is a second chance type tournament just in case a player busts out.
Knock Out or KO
Often tournaments will have an abbreviation KO. This is short for the term knock out. It is also called bounty tournament. Players gets a small amount of the pot when they knock a player out. Knocking a player causes them to lose all their chips in a tournament and they have to either finish or buy-in again in the case of an unlimited entry tournament. Knock out tournaments are also known as shootouts or bounty.
Satellite
A satellite tournament is a tournament centered around a larger tournament. Players get to win a seat to a more expensive buy-in tournament. Chris Moneymaker is a great example. He entered an online satellite tournament for the WSOP for $39. He went on to win $2.5 million. His win inspired many others to join the world of poker online. He was the first person to become a world champion after qualifying at an online poker site. The poker site was PokerStars, a leading online poker room.
Rebuy
A rebuy tournament allows the player to buy themselves back in to a tournament in case they lose all their chips. It is similar to a a freebuy, but there is an entry fee for a rebuy tournament. In some tournaments players are allowed to buy more chips before the registration period ends. Often the stack of chips alotted in a rebuy are less than in a guaranteed tournament.
Guaranteed
A guaranteed poker tournament is one where the host guarantees a certain amount in the prize pool. For example, a casino guarantees a million dollar prize pool. Even if it doesn’t reach the amount of players to guarantee the prize pool, it will still payout as if it did. When it doesn’t meet the minimum amount of players it is called an overlay and the casino has to put up their own money for the prize pool.
Freezeouts
Most tournaments played today are freezeouts. A freezeout is a tournament where players are eliminated until there is only one winner. There are times when players can opt to stop the tournament and settle for the spot they’re in at the time. Casinos will offer this chance when a tournament has gone on longer than expected. For example, a recent million dollar tournament was still being played after 15 hours. During this time, the casino gave the players a chance to settle on their placements and receive corresponding payouts. A freezeout tournament is similar to a MTT.
MTT
A multitable tournament is a tournament that gets smaller as the field of players narrows. It might start with 10 tables of 9 players. As the players get eliminated that tables decrease until there is a one final table.
STT
An STT is a single table tournament one type of STTs is heads up. STT tournaments because of limited amount of players usually finish much earlier than MTTs. The buy-ins can vary and players can still win a considerable amount depending on whether the game is low, mid or high stakes.

Types Of Poker Tournaments


These are basic types of tournaments one can expect to find at most casinos either online or land based. For players with little time, the STT are an option. For players with fair amount of time to play the MTT often offer the best payout since there are many more players. The freebuy tournament is a new variation of the poker tournament.