The Winning Poker Network is launching a new series of “Streak” tournaments with a unique payout structure that will give about a third of players in each event the opportunity to play in another Streak tournament for free.
When it comes to innovative online poker products and promotions, there are few networks that can compete with the Winning Poker Network. The Beast, Sit & Go 2.0, and the Spin to Get IN game are just some of the popular features players have become accustomed to in recent years, and the Network is hoping its new Streak tournaments prove to be equally as successful.
Eight new 8-Max tournaments are scheduled for each day with buy-ins of $5.50, $22.00, $88.00 and $265.00, and each has a substantial guarantee depending on the time of day and day of the week it is played. Players start each Streak tournament with 10,000 chips and levels last twelve minutes each. There are no re-buys or re-entries allowed.
Only the eight players who reach the final table in each tournament will win a cash prize. However, rather than sharing all the prize money between them, the final table payouts will be similar to those in a regular tournament. The remainder of the prize pool will be distributed as entries for another Streak tournament to the top third of players outside the final table.
The Pros and Cons of the New Streak Tournaments
Every innovative product introduced by the Winning Poker Network has had its supporters and its detractors, and the new Streak tournaments are no different. When they were briefly trialled after Christmas, the prospect of a third of the field only receiving their buy-ins back dissuaded many players from taking part, resulting in some massive overlays.
Fans of the new tournaments not only like the massive overlays, but also that the flatter payout structure gives them the opportunity to continue playing in these events day after day until they either win one of the top prizes or finish “out of the money”. They also like the accelerated speed of play between the bubble bursting and the final table being reached.
Players opposed to the new tournaments complain they could be playing for hours for zero profit – which is true; but the Network hosts plenty of alternative tournaments to play in for those who prefer a steeper payout structure. There were also complaints about being automatically registered for the next comparable Streak tournament in the series, but the option now exists for players to unregister from the next Streak tournament and save their free Streak entry for another day.
Where to Stretch Your Bankroll on the Winning Poker Network
The undoubted benefit of the new Streak tournaments is they will enable players to stretch their bankrolls by more than doubling the number of players who “cash” in each event. Typically a regular tournament on the Winning Poker Network with five hundred entries will pay 81 places. A Streak tournament with five hundred entries will pay 190 places.
While the Streak tournaments are new to the Network, now is the time to play in them. One of the most recent $22.00 buy-in trial events resulted in an overlay of $20,000 and 129 players won tickets to a $50,000 guaranteed tournament. It is likely this level of overlay will continue until players become more accustomed to the format of the tournaments.
If you would like to give the new Streak tournaments a try, they are now available in the tournament lobbies at [geolink href=”https://www.usafriendlypokersites.com/americas-cardroom/”]Americas Cardroom[/geolink], [geolink href=”https://www.usafriendlypokersites.com/black-chip-poker/”]Black Chip Poker[/geolink], [geolink href=”https://www.usafriendlypokersites.com/ya-poker/”]Ya Poker[/geolink] and [geolink href=”https://www.usafriendlypokersites.com/true-poker/”]True Poker[/geolink]. Just remember, if you are unable to play in the next Streak tournament in the series, you have to unregister from the event in order to avoid being sat out of the game and your chip stack being blinded off.
