The online poker scene was revolutionized in the early 2000s. The most high-profile poker tournament in the world, the World Series of Poker, saw something pretty unusual happen. Chris Moneymaker, the winner of an online poker tournament, earned entry to this prestigious competition. And not only that. He managed to win!

Online poker players around the globe saw this as their chance to step out from the shadows of anonymity directly onto the largest poker arena and bask in its glorious lights. And so, just like that, the unimaginable happened – online poker gained relevance, and has been receiving upward momentum since.

This is the reason you can find countless online poker tournaments available around the clock. Make sure to keep on reading to learn more about what the buzz surrounding them is all about.

What are online poker tournaments?

Online poker tournaments are online counterparts to poker competitions taking place live. All you need to do to enter is pay a fee. Those who win get their share of the entire prize pool. The biggest tournaments attract as many as several thousand players each week. You can also find single table tournaments with a number of online operators on a daily basis.

The advantages of participating in one such tournament are plentiful. First, you can join them from the comfort of your own home instead of having to go to a poker room or a land-based casino. Secondly, the tournament starts as soon as there are enough players online. Consequently, you could be mere seconds away from beginning a tournament game once you log in. 

Thirdly, many high-profile tournaments get live coverage via Twitch, so you can watch the best of the best doing their magic and perhaps even learn something. Last but not least, many online tournaments have prizes in the shape of a ticket enabling you to participate in live competitions.

Which types of online poker tournaments are available?

Whether you are an amateur online poker player or an experienced one, there are plenty of tournaments that are at your disposal. It’s surely recommended to start with smaller cash games that have lower buy-ins and then proceed to bigger tournaments. 

These are the most popular types of poker tournaments that you can come across.

  • Multi-Table
  • Sit & Go
  • Satellite

Multi-table tournaments are a classic when it comes to online poker competitions. For a predetermined buy-in, you get your stack of chips. You play at several tables at the same time against a certain number of players and all these games have specified starting time. When you have spent all your chips, you drop out. 

SNGs, (or Sit & Go’s) are the most common tournament you are going to encounter. There is typically just one available table (or sometimes two), and the game starts as soon as all the seats are filled. Depending on the number of players, the prize usually goes to the top three. 

And satellites are probably the most interesting ones. This is because their main prize is the entrance to a live competition. Remember the Chris Moneymaker story from the beginning of our article?