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5 Best Online Poker Tournaments In the World – 2021 Guide. Basil Adam - December 21, 2020. Source: onlinepokerreport.com.

Buy-In

Buy-in is the dues (usually cash) every player pays to play at a poker tournament . These dues are put in a prize pool to pay the tournament winner(s).

Typical amount of buy in range from $5/player (small house games) to $10,000/player (world series of poker main event). Sometimes the buy-in is in the form of $50+$5. This means that every player will have to pay $55 to get in the game. However only $50 of it goes toward the prize pool and $5 goes to the “house”. The $5 fee is usually to pay for the host’s costs and profit.

If you are hosting a poker tournament you need to specify the amount of the buy in before the game. Use the following points to choose the best buy-in amount:

  • How large (number of players) you want your tournament to be. A larger buy-in translates into fewer players. Therefore, if you want to host a large tournament (Ex. a charity poker tournament), you’ll be better off with a smaller buy-in.
  • The amount you and other poker players at the game are willing to lose.
  • If you are offering dedicated dealers at every table, free food, or for your own profit, you can add a 10% fee to the buy-in amount.

Advice on Buy-In:

Following are some Buy-In advice and notes to help you run a smooth and organized poker tournament:

  • If you are playing for a large amount, it’s better to set longer blind periods such as half an hour. When players pay a considerable amount of money, they want to at least stay in the game for a while. Long blind period stretches the length of the game.
  • Players play tighter when the buy-in amount is large. So if you are hosting an expensive tournament with 3 tables or so expect a long tournament (at least 5 or 6 hours).
  • As a rule of thumb take cash only for the buy-in money. There will always be players that “forgot” to bring cash with them or want to play on a loan. Keep in mind that YOU (the tournament host) are responsible to pay the winner at the end. So make everyone pay up front. You can simply tell players in question that you “don’t have enough cash at home to cover them”.
  • Write down the name of all players and mark their names “Paid” once you take the buy-in money from them

Rebuys

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Imagine you’re hosting a tournament with 15 players and your friend busts out early. He has to sit around and watch everyone play until a new game has started. This is where rebuys come in. The rebuy allows the player who just lost all of his chips to buy back in the tournament.

Poker

Imagine you’re hosting a tournament with 15 players and your friend busts out early. He has to sit around and watch everyone play until a new game has started. This is where rebuys come in. The rebuy allows the player who just lost all of his chips to buy back in the tournament.

  • The rebuy amount should be the same amount as the original buy-in amount.
  • Players who rebuy should get the same amount of chips as they received in the beginning of the game.

Advice on Rebuys

A rebuy tournament has it’s own rules and constraints. Following are the most important ones:

  • The number of times that players can rebuy should be set before the game starts. It can be 1, 2, 3 or unlimited.
  • Rebuys are only allowed in a limited amount of time in the beginning of the tournament. This time is usually set by the number of times that the tournament blind has increased. For example 2 rebuys per player can be allowed during the first 3 blinds.
  • Rebuys can be allowed when a player loses all of his chips or the his chip count goes under a certain level. For example in a tournament where players start with 2500 in chips, rebuys can be allowed when a player’s chip count goes under $500. This rules has to be set prior to starting the tournament.
      • Players can only add enough chips to make their stack the original amount. In the above example if a player loses his chips down to 400, he can do a rebuy, but only receive 2100 in chips from the tournament manager.
      • If the player wants to rebuy when he still has chips (less than 500 in the above example) he will still have to pay the full amount for rebuy.
  • If you do allow rebuys in your poker tournament, make sure you write down the name of players who rebuy with the number of time they have re-bought.

Once you decide to have rebuys at your tournament, you need to decide how many re-buys you want to allow per player. There are two different ways that you can handle this:

  • Limited rebuy: A limited rebuy is when each player can rebuy only certain number of times. After rebuying that many times, he/she is out of tournament.
  • Unlimited rebuy: In an unlimited rebuy tournament, players can rebuy (buy back) as many times as they want, until the rebuy period is over. A good tournament structure would be to allow unlimited re-buys during the first two/three blinds. Unlimited rebuy also creates larger prize pools.

A poker tournament that does not allow rebuys is called a freezout tournament.

Effects of rebuy on the game:

  • Once rebuys are allowed in a tournament players know that they can buy back if they bust out so the game tends to be looser than normal. This varies by the amount of buy-in and rebuy, but in general you are going to have a looser game with rebuys than without rebuy.
  • Rebuys tend to create large prize pools. Let’s say if you have a $10 buy in with unlimited re buys for the first hour with 16 players. Without the rebuy you will have $160 in the prize pool. With the rebuy your prize pool usually doubles or triples. The reason for that is $10 is not much and once people lose they want to get back in the game so they spent another $10 and mostly don’t keep track of how many times they’ve bought in.

Basic Strategy Tip

If you are playing at an unlimited rebuy tournament, try to double and triple up fast, but don’t play too loose, and keep in mind if you are doing a rebuy for the fourth or fifth time, you probably should call it the night. After your fourth or fifth rebuy, other players stacks are going to be much larger than the original stack (which is what you would get if you rebuy). This makes it every hard (if not impossible) for you to catch up and be able to make plays if you are re-buying late in the tournament.

Table Of Contents

You've researched where you can play poker online, read the best poker tips and are ready to discover what poker tournaments are out there waiting for you.

There are plenty of poker sites to choose from, but PokerNews is here to bring you three sites with low-stakes tournaments, commonly known as 'microstakes' for you to get started with.

So whether you're enjoying Bounty Hunter tournaments on Betfair, Nano tournaments on Unibet Poker or jumping into the incredible $100,000 GTD WonderWorld on 888poker, there really is something for everyone without having to put your entire bankroll on the line!

Bounty Hunter Tournaments Start at €0.20 on Betfair

Betfair Poker has some of the most accessible microstakes tournaments online at the moment, with a huge variety of formats and game styles available from as little as €0.20. Betfair's Bounty Hunter tournaments offer the most choice, but there are also Rebuys, Turbos and even the Mini Senpai with a €1,000 guarantee for just €1 buy-in.

READ MORE: You'll Be Spoilt for Choice with Betfair's Bounty Hunter Tournaments

EventBuy-inGuarantee
Bounty Hunter€ 0.20€ 20
Rebuy€ 0.20€ 20
Turbo Rebuy€ 0.20€ 20
6 Max Bounty Hunter€ 0.50€ 100
Bounty Hunter€ 0.50€ 100
Turbo Rebuy€ 0.50€ 200
Rebuy€ 1€ 1,000
Mini Senpai€ 1€ 1,000

If you download Betfair Poker via PokerNews today, you will receive a free spin on the special welcome wheel where the top prize is €10,000 cash! They also offer Twister tickets ranging from €0.50 all the way up to €20!

PrizeNumber of prizes being offered
€10,000 cash1
€20 Twister tickets400
€10 Twister tickets500
€5 Twister tickets1,400
€2 Twister tickets5,000
€1 Twister ticket35,000
€0.50 Twister ticket65,000

Play on Unibet Poker for Just €0.01

The Unibet Online Series did a great job of showcasing the popularity of so-called 'Nano' buy-in tournaments, and that continues even now with several big buy-in tournaments receiving 'Nano' versions including the Titan, Deep Impact, Comet and Black Hole.

Bounty tournaments also feature, with accessible buy-ins and realistic guarantees so you know exactly what to expect when you enter the tournament.

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READ MORE: Represent Your Country and Win Prizes in Unibet Poker's European Bounty Cup

EventBuy-inGuarantee
Unibet Open Centroll€ 0.01€ 16
Titan Nano€ 0.10€ 20
Deep Impact Nano€ 0.25€ 30
Dwarf Star Bounty Nano€ 0.25€ 30
Comet Nano€ 0.50€ 25
Deep Space Nano€ 0.50€ 100
Black Hole Nano€ 0.50€ 200
Space Madness Bounty€ 1.00€ 150
Falling Star Bounty€ 1.00€ 200

What's more, each Saturday at 7:00 p.m. CET, any Unibet Poker player who has created their account via our links can take part in a PokerNews-exclusive freeroll that awards hundreds of euros worth of tournament tickets.

You can win tickets for Unibet Open satellites where you can travel the world playing for ludicrous sums of money. There are also SNG tickets, and tickets toHexaPro, Unibet Poker’s take on jackpot SNG where you can win up to 10,000x your stake!

$100,000 GTD in 888poker's WonderWorld

Buy In For World Poker Tournament

Undoubtedly one of the best value tournaments out there, the 888poker WonderWorld comes with a $100,000 guarantee for just a $1 buy-in. The tournament is so good it was the subject of our latest Tournament Spotlight, with Day 1s running between now and Day 2 on the 29th June.

Buy In For World Poker Tournaments

The 888poker microstakes schedule also includes a Pot Limit Omaha tournament for just $1 with a $100 guarantee as well as Turbo and 4-Max tournaments.

READ MORE: Over $500,000 in Prizes to be Won During 888poker's Trails of Fortune

EventBuy-inGuarantee
Turbo Deep$0.50$100
Turbo$0.50$200
Turbo 4-Max$0.50$200
FRENZY$0.99$400
Omaha 6-Max$1$100
6-Max Turbo$1$700
WonderWorld$1$100,000

Free World Poker Tournament

There are also plenty of opportunities for players to get their hands on some prize money between now and August thanks to the Trails of Fortune promotion. Whether you're scaling the heady heights of the weekly $30,000 888Summit, playing in the Cash Peaks Freeroll or blasting off in the $1,000,000 BLAST game, there's something for everyone over on 888poker.