The online poker tournaments are very exciting and they offer a competitive, enjoyable experience. There are several types of poker tournaments that can be found online for different variations of poker so that every player would be able to find something great.

Entry fees and prizes

When any player chooses to participate in any poker home game tournaments, there will be an entry fee that will have to be paid. When the entry fee is paid, the player will receive a certain amount of chips. The entry fee and the number of chips will remain the same for every player. These fees would be then pooled together to create the prize for the tournament. There will be a specified poker variation which would be played throughout the tournament and at the end of the game, the one who has the most number of chips would take the prize home. Since the prize money is made up of entry fees, the higher the number of players and the entry fee, the larger would be the prize. Some of the websites also guarantee a minimum tournament prize without any regards to how many players participate.

Poker variations in tournaments

There are a number of variations being offered in different online pokerstar tournaments. Texas Holdem Poker is the most popular poker variation. However, you can also find tournaments offering other variations like Caribbean stud, seven card stud, five card draw, Omaha and Omaha Hi-Lo. If you are still new to tournaments then it is best to stick to a variation that you are comfortable and familiar with. The rules in online poker tournaments remain the same as regular poker.

Freeroll tournaments

Although most of the poker tournaments online would require the players to pay an entry fee, you can also find a few freeroll tournaments. Basically, these tournaments are offered by many poker sites and online casinos to their players as a promotion or a bonus. Freeroll poker tournaments are where the entry fee would be waived off but the winner would still receive a monetary prize. These tournaments are a great way to get some experience playing poker tournaments before you decide to get a paid entry. In the tournaments where you have to pay an entry fee, the cost would vary. There are several high stakes tournaments where the entry fee would be very high and so the prizes would also be substantial. There are several small tournaments with smaller entry fees and prizes.

Players can also find various satellite tournaments in which they can gain entry to a larger and a prestigious tournament instead of a cash prize. When a player wins a satellite tournament, he/she would be given an entry in a tournament where the fees are normally very high.