Poker is played in various formats such as Multi-table and Single-Table with some Poker chips. When it is played on multiple tables simultaneously it is known as a Poker Tournament. A tournament is a door to win a huge amount of money with a minimal entry fee or sometimes free. As poker is one of the real money games, it offers many options to make cash.
This is one of the oldest and most popular poker tournament formats played. Top poker players choose this format to win a huge amount. As the name suggests, you are eliminated from the game the moment you lose all your chip stack.
You pay a fixed or predefined entry fee to register for the tournament and you are given some chips equal to every player in the game to start. This chip stack is also known as the starting stack. Once you lose all this starting stack you are out of the game and at no point, you can re-enter the game. Hence, this is called the Freeze-Out tournament.
There are many freeroll tournaments conducted online every hour on poker websites. Players who play poker online are always eager to play this format as it needs no investment but a huge profit. You enter with zero cash and with few freeroll chips(Practice chips) and make money out of it in the form of an instant bonus. You can even win entry tickets to mega-events, cash prizes, or any achievements through freeroll tournaments.
These tournaments have a fixed guaranteed prize pool. There could be many runner-ups in the tourney but this is a way to make an assured amount if you fall in the money at the final table. Such tournaments are the best way to boost your bankroll with a minimum investment.