A lot of people are very much interested to play in the WSOP or the World Series of Poker. But unfortunately, most of us do not have the luxury of spending ten thousands dollars to play that game. This is where the World Series of Poker Satellite came into the picture.
Basically speaking, WSOP satellites are poker tournaments where each player pays a smaller “buy-in” to get a chance to earn a seat at a larger poker tournament.
For example, a single-table WSOP satellite has 10 players participating on it and pays $1,000 each to buy-in to the satellite. The total prize is $10,000 and only one WSOP entry will be given away to the winner of the single-table tournament.
WSOP satellites are mostly multi-table tournaments with even much smaller buy-ins that held at online poker rooms. There are some that are held at land-based casinos.
A simple math can figure out the number of seats given away for each tournament. More often than not, the tournament lobby is where the online poker room will display the number of seats. A less economical, but more realistic, way of winning a seat is through larger buy-in events that cost about $500 to enter.
There are times when you can find guaranteed satellites that can definitely be a great deal. There are poker rooms that might set up a $150 buy-in event then guarantee 3 WSOP seats as a give away.
Despite of how many people will show up, they will still have to give away the 3 seats even if they would need a certain number of people to play to have a break even for the prize pool. These guaranteed seats are definitely a good opportunity on your buy-in and thus allow you to fight on a smaller battlefield.
There are basic satellite strategies that can be helpful in terms of giving a different approach to players. If you’re playing a typical type of multi-table event, then you will have to play aggressively on the game. But if you’ve been a commoner in tournaments, you will have an easier way to get through tight players. But with the modern type of tournament structure, blinds rise too quickly in rewarding overly patient players.
The keyword in all of this is survival. Just always keep in mind that playing these types of games / tournaments would mean that you keep your strategies very tightly with yourself.
There are many maniacs who will do your bidding and blow out early on with weak hands. You should have a firm grasp on your chips and play tight against your opponents. |