A new and growing trend that has emerged in online Poker, is online poker tournaments. These are basically, tournaments that function like any other poker tournament, in that each player starts with a set amount of money and one final winner takes all after an elimination process.
Much Larger Pots
The benefits of an online poker tournament is that there is the distinct possibility of walking away with a vary large pile of cash. However; the flip side is that once you start in, there is no turning back, regardless of which way your luck with the cards is running.
The Tournament Moderator
An online tournament will always have a moderator who will be assigned the job of setting the ground rules and overseeing the games that are played during the course of the tournament. Typically, all the participants and the moderator will meet in a chartroom to discus all the particulars of the tournament before the games actually begin.
No Money Online Tournaments
If you aren’t quite up to playing with your hard earned money, most online poker sites now offer online poker tournaments that are played with points rather than money. It is advised that you give these types of tournaments a try before you head out into the big leagues with your real money.
A Balancing Act
It is important to remember that in a “winner takes all” online tournament, your odds of walking away with cash in your hand are far less than a standard game of poker. However; this higher risk of losing your money is counterbalanced by much larger pots when you do eventually win.
There are several types of online poker tournaments being offered online team, singles, international teams, etc. So, you would be well advised to study up on the subject before you jump into the fray. Also, just like any other game of chance, keep your head, stay cool and never, ever gamble with your rent money