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Satellite Poker Tournaments

14 May 2006

A Satellite Poker Tournament is a smaller, less expensive buy-in tournament in which one or more of the prizes consists of a seat in a more expensive and/or larger buy-in tournament.

For example, if you won a $100 buy-in satellite tournament in the one of the poker rooms or on-line, one of the top winning prizes might be a chair in a $1000 buy-in tournament (the next step up the tournament ladder). So, instead of distributing the prize pool over the top chip winners as done in standard tournaments, the prize or part of the prize pool is used to buy a chair at the next level in the poker tournament ladder.

When Chris Moneymaker won the 2003 World Series of Poker (WSOP) in Las Vegas, he had originally paid $40 to enter an on-line satellite tournament, which he won. That win paid his $10,000 WSOP entry fee. Large tournaments like the WSOP generate a lot of satellites both live and on-line.

Recent Articles
Best of John Marchel
John Marchel
John Marchel is an author, speaker, teacher and player -- what John plays are casino games. He’s been a casino player for over 25 years and has played successfully in Europe, Panama, the Caribbean, Canada, Atlantic City, Las Vegas, on Indian reservations, cruise ships and in over 350 casinos throughout the US. He is also the author of six books about gambling, and has written numerous magazine articles and is currently a columnist for three gambling magazines and one internet magazine.

Since 1988 John has combined his experience as a manager, teacher and player to present seminars and lectures about gambling. In addition, John has had an Internet website since 1995 that offers books, special reports and tips about gambling. He also publishes a monthly Internet gambling newsletter. The newsletter keeps subscribers alert to trends, information and winning techniques that allows them to be more successful when visiting casinos.

John Marchel Websites:

johnmarchelgambling.com

Books by John Marchel:

KISS Guide to Gambling

> More Books By John Marchel

John Marchel
John Marchel is an author, speaker, teacher and player -- what John plays are casino games. He’s been a casino player for over 25 years and has played successfully in Europe, Panama, the Caribbean, Canada, Atlantic City, Las Vegas, on Indian reservations, cruise ships and in over 350 casinos throughout the US. He is also the author of six books about gambling, and has written numerous magazine articles and is currently a columnist for three gambling magazines and one internet magazine.

Since 1988 John has combined his experience as a manager, teacher and player to present seminars and lectures about gambling. In addition, John has had an Internet website since 1995 that offers books, special reports and tips about gambling. He also publishes a monthly Internet gambling newsletter. The newsletter keeps subscribers alert to trends, information and winning techniques that allows them to be more successful when visiting casinos.

John Marchel Websites:

johnmarchelgambling.com

Books by John Marchel:

101 Casino Gambling Tips: Affordable Strategies & Techniques for Maximizing Profits & Reducing Loses

> More Books By John Marchel