How to Make Money Playing Satellite Poker Tournaments

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Most poker players over look satellites unless it’s a tournament they would like to qualify for. Butif you are a tournament player, then there’s plenty of money to be produced playing online satellites and usually live satellites for larger events also, such as WSOP championships or WPT events at the Bellagio and so on.

For now, let’s just take a glance at on the web satellites.

Every poker site offer a large number of satellites for a large number of tournaments. One of the secrets is that you will domino99 be paid using an entry to some larger buyin tournament if you win the satellites. However, it is possible to always’un-register’ for the bigger tournament if you win. Depending on the website, they will frequently put some type of tournament or ticket dollars into your own account and then you can use this cash to play with any additional championship in any other moment. You do not need to play the championship that you simply won the satellite to get.

You cannot cash this’tournament’ money out as cash, however, you may put it to use to enter tournaments that will spend money and you can use it in any moment, there isn’t any time frame expiry. Therefore, to put it differently, you’ll win 10 satellites to the same championship and only bank all of the cash, deploying it in your leisure in matches you may win actual cash. This is a good influence in your money.

I will quite often find a satellite I enjoy the format of and play it over and over again. A couple weeks ago on PStars, I discovered a $55 satellite for a $ 2-16 buyin. I played 4 of these and won entry every moment, so my investment was $220 and my gross winnings were 864 giving me a definite profit of $644.

Besides, you don’t have to WIN in a satellite, you only need to finish in the upper number of places. Thus, if I didn’t have a wonderful championship and would not have had a chance to make the last table had the championship been played all the way through, it generally does not matter for as long as I finished in the top 20 or 30 or whatever it was for the reason that championship game. You do not need to control, you Just complete’good enough’

Among the hints is picking the right tournaments to playwith. Avoid the satellites where there are 800 people looking for 20 seats. These are demanding and they are normally quite low buy in compared to entry fee you may acquire: something such as $5.50 for a $216 seat will often attract a lot of players to get too little chairs. Your odds of winning a chair are not good enough.

I typically come across a sweet spot at mid amount type entries, like $55 for a $240 seat or $7.70 for a 55 seat, etc. In addition, I start looking for a bigger number of guaranteed spots as compared to the number of entries that tournament is apparently getting. On PStars last week I found a tournament that has been costing me $16.50 for a $55 entrance. You will find 20 chairs fully guaranteed and there have been around 30-35 players entered in each and every tournament. Those are decent odds and I won a seat in every 5 tournaments which I played with . Look for these kinds of satellites as opposed to the very long ones.

It will take a while for you to scroll through the countless tournaments available as satellites on internet sites.However, once you understand what you are looking for, these can be quite a profitable spend of your wealth and pretty simple to acquire too.

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