Posts Tagged ‘satellite tournaments’

Aussie Millions Results are In!

Tuesday, February 2nd, 2010

The Aussie Millions is one of the most popular and intense international poker tournaments, held each January in Melbourne, Australia at the Crown Casino. This January the Aussie Millions event took place between January 14 and January 31 and hosted a week of satellite tournaments and a week of competition. Tournament games included No Limit Holdem, H.O.R.S.E., Pot Limit Omaha, and more.

At the end of Aussie Millions week it was Tyron Krost, an Australia native, that took home the $2,000,000 prize. Krost qualified for the event by playing online satellite tournaments. He invested around $700 during the whole process, which may seem like a lot. However, his $700 investment led to a $2 million win, which is pretty nice in my book. I really like the idea that players who could not afford to enter tournaments like the Aussie Millions or WSOP under other circumstances are able to win their way in through online satellites.

Krost is 23 years old and this Aussie Millions win was his first major poker tournament win, though he also cashed in on a couple of events during the 2008 World Series of Poker. At the end of the tournament these were the top players at the Aussie Main Event Final Table:

1st Place: Tyron Krost with $2,000,000
2nd Place: Frederik Jensen with $1,100,000
3rd Place: Sorel Mizzi with $715,000
4th Place: Kosta Varoxis with $450,000
5th Place: Peter Jetten with $350,000
6th Place: Steve Friedlander with $250,000
7th Place: Anette Obrestad with $175,000
8th Place: Stephen Shelly with $125,000

An Overview of Poker Tournament Types

Tuesday, December 1st, 2009

If you are considering getting into poker tournament play then you’ll find a number of different tournament types to choose from. It can be difficult to decide which tournament to sign up for unless you are aware of your options. Therefore, I put together this overview of poker tournament varieties so you can familiarize yourself with what’s out there.

Sit & Go tournaments are among the most popular poker tournaments. A Sit & Go tournament is not scheduled. Rather, the tournament begins as soon as the seats are filled. Sit & Go’s are found at virtually every online poker site and range in buy-in prices as well as the number of players. You can play in a heads-up Sit & Go game, or play in a tournament with hundreds of other players.

I’ve talked about satellite tournaments before. A satellite tournament is one in which the prize is not cash, but rather entrance into a larger and more prestigious tournament. Playing in satellites is a great way to gain entrance into tournaments you couldn’t afford to enter otherwise.

If you are new to tournament style play then a freeroll tournament is a great option. A freeroll is often offered as a promotion by poker rooms and is a tournament with a cash prize but no entry fee. Freerolls are a great way to practice tournament play without sacrificing your bankroll.

Other types of poker tournaments include rebuy tournaments, where you can buy back in during tournament play if you wipe out; and guaranteed tournaments that have guaranteed prizes, rather than a prize based on the number of players.