World Poker Tournament Prize Money
- World Poker Tournament Prize Money Payout
- World Poker Tournament Prize Money Winners
- World Poker Tournament Prize Money Payouts
The prize pool is the amount of money collected to award as prizes to players in a tournament. It is one of the two most common methods of measuring the size of a tournament: both the total prize pool and the number of players are often used to measure size. The prize pool comes from the buyins from the players' entry fees. Generally, a player's entry fee into a tournament is represented as. The World Series of Poker® is the largest, richest and most prestigious gaming event in the world, having awarded more than $2.99 billion in prize money and the prestigious gold bracelet.
In such a tournament, as the name implies, the last standing person would win all of the prize pool. Following is a chart of typical poker tournament payout structure. The prize section is in percentage format. It represents a certain percentage of the money in the pot (the money taken from all the tournament entrants).
All poker players have different motivation. Some of them play to become famous, some play to get emotions, but all wish to win the first place and get the best prize from ClubWPT. We all play poker to receive rewards, and that’s great!
Reward is one of the strongest types of motivation. When you pay buy-in and participate in tournament the only place you are dreaming about is the first one. That’s because very often the highest place brings the best possible reward.
ClubWPT offers valuable prizes in many of the tournaments, but there are some very important things you need to know before you start playing there:
Eligibility
Not all players are eligible to claim prizes at WPT Club; there is a special list of restricted countries. Players from these countries are not allowed to claim prizes if they win something.
That’s because of legislation. ClubWPT is 100% legal in some US states, Canada, United Kingdom, France and Australia. Players from other countries are not allowed to participate in poker games and withdraw winnings.
Once again: there is a special list of eligible territories and states. If you are resident of other country / state don’t even try to withdraw your winnings. There is a special procedure of verification every player has to pass. During this procedure a player has to provide evidence of his eligibility to withdraw his rewards. This procedure will require player to send a scanned copy of his ID / Passport and maybe some other documents.
As you see if you don’t belong to eligible territories it’s impossible to withdraw or receive prizes. For some players it will be a huge disappointment, but ClubWPT cares about his reputation and accepts only players from specific regions.
World Poker Tournament Prize Money Payout
Subscription
Now let’s talk about account types and differences between accounts in terms of possible rewards. As you know there are 2 different account types: Basic and VIP. All basic members can participate in freerolls and win something there. But rewards in freerolls are not big. You will have to spend a lot of time in order to win useless prize. To be honest it’s not the best deal. Why should a poker room spend money for freerolls if these tournaments don’t give anything in return?
If you really want to get something valuable playing poker at ClubWPT you need to purchase VIP status. This status can be obtained by purchasing special subscription. Here you can read more about Membership Plans and about how to subscribe.
All VIP members have opportunity to participate in big tournaments where serious prizes can be won. As you understand it’s not for free. But the cost of VIP subscription is not high while it allows you to participate in games and tournaments where great prizes can be won. It’s a good deal for serious players.
Here is an example of what a VIP member can win in ClubWPT tournaments:
- Monster® DNA On-Ear Headphones (MSRP $229.95).
- Tag Heuer Aquaracer Quartz Men's Watch
- $7,000 package to the Season XIII WPT bestbet Bounty Scramble event in Jacksonville
- The Monster® Headphones $6,000 WPT Montreal 2014 Package
- A part of $10,000 prize pool in Guaranteed Cash Poker Tournament. The prize structure is deep: 250 places will be paid.
- and many more…
Rewards are always different. The Club holds different promotions with different prize pools. For example very often you can see a WPT Seat tourney where you can win World Poker Tour Package. Cash tournaments are also regular and give you opportunity to win real money.
The tournament schedule is full of tournaments every day. If you look at the schedule you will see that different tourneys are held every 15 minutes! Though prize pools are not always big you have great opportunity to increase your skills playing more often.
As you see there prizes at ClubWPT are really valuable and are worth playing. If you are ready to start playing – download ClubWPT now and get 2 weeks of free VIP Trial. Just don’t forget that you need to be a resident of eligible territory and have VIP membership account in order to be able to get amazing rewards.
The Global Poker Index is an online leaderboard which ranks above 450,000 active poker players across the globe. The GPI poker ranking is updated weekly to show the current top players. Players are evaluated based on their final finishes in various poker tournaments taking place over a six month period. In addition to showing the top players, the index also includes the average hands, highest wins, and best winning bets.
When you sign up for a free account at a global poker site, you will be able to view all players ranked according to their performance in recent tournaments. By registering with a global poker site, you will also receive a newsletter containing a list of offers, promotions, new players and other news. Many of these newsletters contain listings of available GPI prizes. You will also notice that there are monthly and yearly prizes available for those who reach a certain threshold of performance in online poker tournaments.
When you participate in a high level tournament, such as the World Poker Tour or the World Series of Poker, you will be entered in a draw for high quality entry tickets. These tickets will entitle you to specific seats in live high stakes online poker tournaments. There are also some high stakes tournament tournaments that require a deposit to participate. If you participate in a tournament with a deposit requirement, your name will be put on the list of finalist players for the tournament.
Players can compete against each other in any of these tournaments for prize money. The World Poker Tour has the most number of player slots for each tournament at a maximum of sixteen players per table. This tournament also uses a point system to determine its final prize. The winner of this tournament receives a share of the total prize money as well as the seat at the World Series of Poker. A large number of players from around the world play in the World Poker Tour.
World Poker Tournament Prize Money Winners
One way to play poker online in the Global Poker Tour is by registering for the tournament as a participant. You can do this right online through their website. By doing so, you can play against other players that have registered for the tournament. You can play against them for fun as well as for money. This is also a great way to make new friends and meet people from all over the world that also enjoy playing the game.
Those who are interested in participating in the Global Poker Tour should also purchase the “20 Gold Coin Package”. This package includes a set of the most recent cards. The rules of this tournament are different then the other tournaments offered by Global Poker. However, they still use the same point system that is used in the regular version of the ring game.
There are many different types of Global Poker tournaments that you can take part in. There are no house matches in these tournaments. You will be playing against other players from around the world. However, you do have special prizes available to those players that win special prizes in the tournament. The special prizes that you will win in these online poker tournaments include, trips to Las Vegas, trips to Macao, Spain, and Hong Kong, and many other destinations around the globe.
World Poker Tournament Prize Money Payouts
If you have never played in one of these tournaments before, you should consider registering right away. This is because there are many different tournaments available to those players that are looking to play. If you are an older player, you may want to take a look at the rankings before you begin playing in one of these tournaments to see what your odds are in regards to winning.