| |
| |
|
Casino & Gambling Information brought to you by casino bonuses and top online ecasinos |
|
|
|
Online Poker Satellites - How to Turn as Little as $1 into Millions
What do Dr. Vic Fey, an obstetrician from Clinton, Oklahoma, and Erick Brenes, a farmer from Costa Rica have in common? They both made it to the final table of The World Poker Tour's Aruba Poker Classic. And what makes it more remarkable is they won their $6,000 buy-in and the trip to Aruba by playing a $27 satellite tournament at the online poker room, Ultimate Bet. Neither of these men are professional poker players but at the end of the tournament Vic Fey finished in 6th place and won $105,000 and Erick Brenes finished in first and went home to Costa Rica $1,417,000 richer. Not bad for a $27 investment. What are satellites and how do they work? Basically a satellite is a way to enter a major tournament and play for big money without having to pay the large buy-in required. For example, the buy-in for the World Series of Poker (WSOP) is $10,000. An on-line poker room could sponser a tournament with a $1,350 buy-in (they will also charge somewhere around 9-10% for a registration fee). For every 10 players in the tournament there would be a prize pool of $13,500, enough for the single buy-in to the WSOP and some extra for spending money. So for a $1,350 you could win your entry to the major tournament. If there are 100 players then the players who finish in one of the top 10 positions would be on their way to Las Vegas and a chance at $10,000,000, the estimated top prize in this years tournament. A thousand dollars is still a little steep if you ask me but you're dying to play in the WSOP. So you go to an online poker site like Royal Vegas Poker. There, they have a way for you to make it to the World Series for as little as $1. It takes six steps and works like this: Step 1: You pay a $1 buy-in and a $.10 registration fee. You play against ten other players. If you come in first or second you've made it to step two. Step 2: You enter this tournament by either coming in first or second in step 1 or by directly buying in for $5 + $0.50. Come in first or second and you move on to step three. Come in third and you get to play level 2 again free. Step 3: Same deal. Enter by placing 1st or 2nd in the previous step or buy-in for $22.50 + $2.25. The final 2 players get free entry to step four and third place lets you repeat step 3 and pays you $2.75. Step 4: The buy-in for this level is $100 + $10. Come in first or second and go to step 5. Come in third and play step 4 over again. Step 5: If you happen to have $450 + $45 you can buy-in to this level. If you've were lucky enough to come in 1st or 2nd the previous step, it costs you nothing. The first two finishers go to the final step, third place gets to play step 5 again. Step 6: You've made it to the final step. Of course you can just cough up the $1,350 + $135 to play in this game or you might have gotten here all the way from step one for $1. In either case, finish 1st in this ten player table and you're on your way to the WSOP. Come in 2nd and you win $1,000. This is just one example of an on-line poker site's roadmap to the WSOP. At FullTilt poker you can get there for as little as $4. And they have a promotion in which if you gain entry to the tournament through their site and win the $10 Million at the WSOP, they will match it with an additional $10 Million. Party Poker has satellites starting at $9,InterPoker can get you there for $10, and UltimateBet has games for as little as $3. There are even some sites where you can gain entry through freerolls (tournaments with no entry fees). There are all sorts of tournaments like this at many different online poker sites and they all follow the same basic pattern. You buy-in at a low level to win entry into a higher level tournament. I narrowly missed making it to the PartyPoker millions tournament with a $10,000 buy-in and a prize pool of $7.5 Million. For $6 I worked my way up to the finals where I needed to come in one of the top 4 positions. Unfortunately I finished 9th, but there's always next year. And boy, did I get a lot of entertainment and excitement for my $6. So if you're looking to be the next poker star and you don't want to put down $10,000 to get in the game, check out the different online sites and see if you can turn $1 into a million. Copyright 2005 FunProfitPoker, All Rights Reserved. Peter Berlin is a TV Game Show Producer/Writer and an avid online poker player. He has authored the e-book Play The Flop, a Guide to the Best Online Poker Sites and has a poker newsletter reviewing the best sites, sign-up bonuses, tournaments, satellites, and events going on in the world of online poker. To access the e-book and sign up for the newsletter please visit http://www.funprofitpoker.com
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
Poker Tournaments for Beginners As the game of Poker is scaling new heights, casinos and resorts where the game is played along with the media have left no opportunity untouched to accrue contemporaneous benefits. This is evident from the rise in number of Poker tournaments. Las Vegas Comps and Online Comps Las Vegas comps or casino bonus extras from an online casino are the best way to get free rewards just for playing. A lot of players inside land based casinos like those in Las Vegas will spend thousands and thousands of dollars not realizing that the casinos want their business so much that they will spend money just to keep them coming back. Odds Comparison - Increasing Your Winnings After being in sports betting for about 23 years you have come to see many things such as a hairy chimpanzee putting down the winner for a horse race 10 times in a row, leaving me with a severe insomnia problem. I have also experienced the amazing growth of the internet and especially seen the difference it made to the sports betting community. Free Online Card Games -- Getting Ready for Las Vegas Free online card games that can be played over the Internet are great for practice to increase your skills or to just have fun with. Being able to take advantage of playing free card games on your computer like poker and video poker can even prepare you for making cash in the future. What Your Poker Table Says About Your Personality Who does not have tables at home? Such a queer thing to ask. But in fact of all the tables in a home which one can give you the pleasure of enjoying as if you were in a casino. Addicted Gambler Can Not Stop Gambling Due to Tactful Advertising By Local Gambling Establishments Gambling has been a form of entertainment since the beginning of time. Today gambling establishments have created a world with in a world of beauty and elegance in order to entice you to enter their enterprise. Gambling Interesting Facts SoccerbettingIs there such thing as "kangtao" or surewin tips?I have seen alot of people debating over the issues of this "kangtao" or surewin tips. In actual fact there"IS" however very few. Baseball is Back! What are your goals for this season?In another week the boys of summer will be back in action for another season of Major League Baseball. During the start of each sports season I like to evaluate how things went the previous season, and set my goals for the upcoming season. How to Beat Roulette with A Simple 3 Point System Many players try to beat roulette by buying a "sure fire" roulette system for money. These systems promise consistent gains and to make the buyer rich and beat roulette consistently. Casino Gambling Tips for Online Gambling Casino gambling tips for the Internet are good to know because betting at an online casino is a little different from a land based casino. For one when playing slots, how can you tell if the odds online are good or not? Do you know what the casino requires for play before cashing out winnings? When selecting to play over the Internet for the first time you should keep the following in mind: Read payout percentage reports for the best odds PriceWaterhouseCoopers is the prominent accountant in the field of analyzing the game odds for online casinos. Roulette System: Spread the News and Beat the Casino Legally Discover the truth, the real secret behind successful business without playing roulette game. (It may not be what you think!)In this article, let's take a look at how money is really made without playing roulette at casino. Poker on TV Poker on TV has been the catalyst that allows millions of people to view real poker being played by today's young guns and poker legends. A day does not go by without advertising for another Texas Hold'Em TV poker scheduled event for cable or television. Online Casino Black Jack Online casino black jack is said to have originated in France in the early 1700's and has since spread across the world. With the emergence of the internet, virtual blackjack has become one of the most popular casino games played online. Gambling Addiction 101 A lot many of us know something or the other about gambling, must have at some point or the other have indulged in it in some or the other form. A trip to Las Vegas takes us right into the heart of the matter although the start might be as simple as a game of poker with friends while waiting for the school bus. States Lottery Basics For those who dream of quitting their jobs and being independently wealthy, the lottery is an affordable way to take some chances and move toward a goal. Lotteries have been a great support to those aspiring to be great through the stroke of luck. World Series of Poker Mania The popularity of the World Series of Poker gained tremendousmomentum from The Travel Channel's World Poker Tour showings. Although the event had been showing for a number of years on ESPN, when new technologies such as the table camera were used,television watchers began getting involved in the hands as they were being played. The Secrets of Basic Craps Tournaments Pssst.. Bingo Basics Bingo is one of the most simple and general game of all times. Be it children's party, classrooms, charity functions or a simple time pass, Bingo finds it place everywhere. Just The Best Online Gambling, Casinos, Poker, Sports Book BlackJack, Slots, Roulette, Video Poker, Bonus Slots, Stud Poker, Texas Hold em Free Money and Freerolls, All types of sports betting. Does this interest you? Read on!Is lady luck with you? Vegas, Atlantic City Etc. The Secret of Grinding Out a Profit Pssst..
|
| home | site map |
| © 2006 |
