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BlackChip poker offers a ton of big guaranteed prize pool tournaments including our weekly Special $125,000 guaranteed prize pool that runs every Sunday at 3:00pm ET!
Featuring up to 4,000 online Poker players, our “Multi-Table” tournaments are just like bricks-and-mortar tournaments featuring huge numbers of players competing for massive prize pools.
Every Multi-Table tournament begins at a specified date and time. Players are encouraged to register for tournaments in advance however, some tournaments offer late registration allowing players to sit down and play after the tournament has begun.
To register for these online Poker tournaments, you must pay your buy-in plus the registration fee. A $10 No Limit tournament would actually cost $11. The buy-in would be $10+1 ($10 for the prize pool and $1 for the entry fee). This practice is standard in all online poker rooms and bricks-and-mortar casinos.
Once the buy-in has been paid, you’ll be taken to your table and receive your starting chips. All players will start the tournament with an equal number of chips. With a maximum of 9 players per table, registered players will be randomly seated. As players get knocked out, tables are closed and players are moved to other tables to ensure tables remain balanced.
If you’re only accustomed to playing cash games in which players can come and go as they please, you’re going to love Multi-Table tournaments. Remember the buy-in fee you paid prior to taking your seat? Well that buy-in is thrown in a giant prize pool with the buy-ins from every other player. At the end of the online Poker tournament, a specified number of players will share that prize pool based on how they finish. While a range of factors determines how much money can be won.
Here’s a classic example of a $10 No Limit Hold’em tournament:
If 450 players enter the tourney, a total prize pool of $4,500 will be available. Using our standard payout schedule, the winner will earn $1,350 and the second place finisher will earn $585, and so on. Not bad for an $11 investment.
BlackChip Poker offers you a number of online Poker Multi-Table tournaments every single day. It takes is as little as 25 cents to get into one so grab a seat and make some serious cash.