Major poker tournaments have massive prize pools for players to win. The massive prize pools also translate into a large buy-in. A Satellite tournament is a poker tournament that offers players a less expensive way to enter a big buy-in tournament. Players hoping to win a seat in a big buy-in tournament will play in satellite tournaments attempting to win an entry into a larger tournament at a much lower cost than what the full buy-in is.
How a satellite tournament works
VIP Ponto Play gives every player the chance to put their skills to the test and win huge prizes for a very small investment. To explain how a satellite tournament works consider a larger tournament with a buy-in of $1000. The buy-in for the satellite tournament which leads to this large tournament is $100. If there are 10 entrants (into the satellite), first place will get a $1000 entry to the larger tournament. If there are 20 entrants, then 1st and 2nd places will both receive a $1000 entry to the larger tournament. If there is any leftover prize money, it will be distributed to the runners up as per the satellite’s payout structure.
Fees to Satellite tournaments
If there is a fee to enter a satellite tournament, it will be denoted by stating the buy-in amount and the entry fee. A cost of ‘$30+$3’ indicates that the buy-in is $30, and the entry fee is $3. The $30 goes to the prize pool which the players compete for, while the $3 entry fee is taken as compensation for hosting the tournament.
Satellite your way to Major Tournaments
If your goal is to enter a major live tournament then VIP Ponto Play is the site for you. We have satellite tournaments leading to some of the world’s top live poker tournaments including the World Series of Poker. Simply check out the tournament details in the poker software to find out which Satellite is right for you!
If you are interested in satelliting to higher buy-in tournaments including major tournament events such as tournaments held by the World Poker Tour, please see our current satellite tournament schedule.