Quote:
Originally Posted by PkrMaven
Survivor tournament?
Bascially a work around for no-limit cash game.
Example
$200 + $30.
Everyone buys in for $200 and gets $200 in tournament chips and plus $30 fee goes to the house.
Tournament is 2 hours long. Blinds are 1/2 for 1st hour, then go up to 2/2 for 2nd hour (to be tournament-like).
Once felted, can re-buy for $200 + $10(?).
At the end of two hours, everyone cashes in with payouts = to the chip amount they have. Essentially two hours of no-limit cash game where the house take is a tournament "fee" vs a rake.
I've not played, but big winner is typically in the $800 range and some folks have been known to re-buy 3-4 times.
Downside is that new players can't join in and that you have to quit a great game at the end time. Also, you have to stick out the two hours. I think the higher dollar amounts may be longer hours.