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Pay to Play Online Poker Satellite Tournaments

Online poker satellite tournaments are small tournaments that serve as elimination tournament for major and multi-table tournaments. To join an online poker satellite tournament, one is required to purchase buy-in and pay the entry fee. Because it serves as some sort of stepping stone to a higher form of tournament, buy-in of online poker satellite tournaments are much smaller than, say, a multi-table tournament or a triple shootout tournament.

Buy-in is what you pay in exchange for a defined amount of play money or chips, which you will have to use during the tournament. The aggregation of buy-ins becomes the prize pool, which the poker tournament players will have to beat each other for.

Entry fee is what you pay to the online poker room for allowing you to have a seat at their tables. It's like your ticket to a movie seat. An entry fee is generally fixed at 6 to 10 percent of what you pay for the buy-in. Thus, if the buy-in is $30, a player may be asked to pay around $1.8 to $3 for the entry fee.

Buy-in rates and entry fees of online poker satellite tournaments vary from one hosting poker site to another. Some charge $30, some $20. Online poker satellite tournaments to the WSOP demand higher buy-ins amounting generally to a hundred dollars and more.

Buy-in for online poker satellite tournaments to the WSOP can be categorized into two: low buy-in and high buy-in. Buy-in rates and number of WSOP seats to be awarded tend to be directly proportional. Where buy-ins are low, the number of WSOP seats to be awarded tend to be less than in high buy-in online poker satellite tournaments.

Online poker satellite tournaments with low buy-in tend to charge players with a hundred to two hundred dollars for the buy-in, and between 10 to 20 dollars for the entry fee. WSOP seats - player pool size ratio tends to be 1: 80; that is, they award one WSOP seat for every pool size of 80 or so players.

Online poker satellite tournaments with high buy-in, on the other hand, tend to award one WSOP seat for every pool size of twenty players. Buy-in price is $500 and more.

Satellite tournaments with the least WSOP seat-player ratio are freeroll satellite tournaments. Usually meant as bonus for players who have earned a certain number of deposit bonus points, freeroll satellite tournaments tend to award one WSOP seat for every pool size of 320 or so players.

Online poker satellite tournaments serve as springboard for a higher form of tournament such as multi-table tournaments and the WSOP. Buy-in and entry fee required to join an online poker satellite tournament vary among poker sites. Buy-in and entry fee for satellite tournaments to the WSOP tend to be significantly higher than for any other tournaments.