Over the years, online poker tournament payout structures have differed greatly. Some are very steep paying only 10% of the field; some are much flatter, paying up to 25%. There are events that only payout the final table, and remarkably there are even winner take all tournaments. However, UltimateBet is hosting a $5,000 Freeroll tournament where uniquely every player will cash. Each different payout structure has strengths and weaknesses, but surely nothing negative can be said about a tournament where every player finishes in the money.
This event is the first event in the Everyone Wins Poker Series, where every player that enters the tournament is guaranteed to receive compensation. The tournament will be capped at a maximum of one thousand seats, all of which are likely to go fast. Tournaments of this variety are unique if not unheard of in the poker world, where each player is guaranteed a positive return on investment. Registration is now open, so be sure to snag a seat now, before they fill up; players are not going to wait long to pounce on a chance to win free money.
The tournament will take place on Sunday August 23rd, 2009 at Ultimate Bet; a wonderful addition to any Sunday schedule.
