BetOnline is one of the most popular online gambling platforms in the US, as it covers a wide array of gambling options. Apart from sports betting and online casino games, it offers a great poker room where players can enjoy all kinds of cash games and tournaments. In this article, we’ll focus on a particular type of tournament — Sit & Go. Moreover, we’ll explain how you can earn $1 million in minutes if you’re lucky enough.
Playing Sit & Go Tournaments
Sit & Go tournaments are fast-paced short tournaments that feature hyper turbo levels and three players. In other words, you’ll play fast poker with another two random players and fight for a chance to get a prize.
The special Windfall lobby on the site has a very interesting method of determining the prize pool of every tournament — by using the element of chance. In other words, the prize is determined randomly, and the highest it can ever get is $1 million. All you have to do is pay the buy-in prize between $3 and $30 and have an opportunity to increase it up to x100,000.
This is an exciting new way to play USA online poker and have a chance to receive a huge prize.
Prize Breakdown
Every prize that’s $100 or bigger is split between the players. The first-placed player gets 50% of the prize, the second-placed gets 30%, and the last gets 20%. Therefore, even if you didn’t win first place, you’ll still get rewarded for your effort.
All of that looks good on paper, but let’s take a look at the probabilities of actually winning a $1 million prize. According to the site, the probability of getting the highest possible prize multiplier (which is x100,000) is one in a million. Therefore, you have to be extremely lucky to get it. The good news is that you can receive other lucrative prizes that come with bigger probabilities. For example, having a jackpot of $10,000 comes with a prize of 100 in a million. In that case, you’ll receive $5,000 as the first-placed player.
The most common prize pools are 1.5x, 2x, and 5x your buy-in. In that case, the winner takes all rule is applied, meaning the second and third-placed players don’t get anything.
If you want to play online poker using a Mac, make sure to read more about the best USA Mac poker sites and pick the one that meets your needs.