Free poker tournaments are daily competitions that occur on a lot of the best online poker sites. Freerolls are much favored by the poker wagering community as they offer the poker players the chance to aquire some actual money without losing any. The entry to these freerolls is – as their titles suggests – cost-free and jackpot $$$$ can vary from a few dollars for a placing to hundreds of dollars for capturing the big freeroll hold’em poker tournaments.
So how come the poker sites have freerolls? Is it because of their extremely benevolent character and the reality that they make massive sums of $$$$ so they feel a moral obligation to provide a bit of it back?
What do you believe!
No of course it is not, the reason that the great poker sites provide freerolls is to bring in folks to their web site.
Here’s the theory in a nutshell – You hear that a poker room has a great freeroll, it costs you zilch to participate in and you can come away with one hundred dollars. You think "fantastic!" and you head over to the poker room and get registered as a member so that you can play the freeroll. You can bet and finish early and are annoyed due to the fact that you believe you should have faired much better, or you get close to winning and so you’re looking for some additional action. What do you do? You wager some $$$$$ at the poker room and compete in a different poker game!
Always investigate the freerolls for cash-out requirements, you will almost always need to wager on a couple of hands for actual $$$$$ before they let you take the money out. Often this is on a 1 to 1 basis, so if you come away with 20 dollars at the freeroll poker tournament you’ll have to have gambled for 20 dollars in bona fide $$$$$ in order for you to be able to draw out the $$$$.