11-7-05 [poker] - 1

11-7-05 [poker]

Playing satellites seems rather pointless to me. They generally just pay even value; for example a satellite to the $10k world series might provide one seat for every 100 entrants and cost $100. So, you may as well just play cash tournaments and buy into the main event with cash. The advantage of playing cash is you can do what you want with the winnings, you don't have to use it to get into another tournament, which is just inherently better because of the flexibility. Satellites do tend to have a much steeper payout than ordinary cash tournaments - the top few places get a huge payout and everyone else gets nothing. I suppose this is desirable if you think you're one of the top few players in the field.

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old rants