Have you ever entered into an online tournament and wondered what it meant when it says that it is a Rebuy Tournament? Well this is because many online casino tournaments are classified as “rebuy” tournaments and has a rebuy fee specified along with it. This article will give new players the knowledge and help them understand what rebuy tournaments are, how they operate and the strategies.

It is very straightforward with online tournaments that players are giving a certain amount of starting chips and a time limit to bet on a specific game. Their balance at the finish of the specified time is their score and is compared with the other players’ scores to decide the winners. If a player loses all their chips before the time limit is finished then their score is zero and they are out of the tournament. The benefit of a rebuy tournament is that it offers such players another chance, or several more chances, of the entering the tournament for a certain amount. This is known as the rebuy fee and is the most important criteria to be understood when discussing rebuy tournaments.

The cost of the rebuy is the amount that the player has to pay to be able to participate in the tournament again. So since many players rebuy more than once in the same tournament this helps the casino recover the guaranteed prize pool that they are giving away. Pot prize tournaments use the rebuy fee to determine the prize amount. For most of the rebuy fees they are usually the same as the buy in or the entry fee for the tournament. But for some of the free roll online tournaments that offer the larger prize pools there can be a higher rebuy fee to make up for the free entry.

On a side note rebuys cannot be used to build up the chips in the sense that the player cannot keep on purchasing rebuys and adding to their chip balance.

This would take away the excitement and competitive notion of the tournament. As a result most online tournaments only allow rebuys when the player has exhausted their existing chip balance. Some online tournaments might allow players to rebuy when they have a very small chip balance. The chips that are given to the player upon purchasing a rebuy are the same as the original chip amount, to maintain all fairness.

There are two different types of tournaments known by the players. One of them allows unlimited number of rebuys and the other specifies the number of times the player can rebuy. However unlimited rebuy tournaments pays out the larger prize amounts they are more likely to attract high rollers or players that have a little more money to spend. Some rebuy tournaments limit the number of rebuys so that this allows players with the smaller bank rolls to have another chance at winning the tournament.

The players that are playing in the rebuy tournaments should always keep two things in mind. The first thing is their goal chip balance they would like to achieve. Once the players achieve this goal then it makes no sense to rebuy anymore. The second thing they should keep in mind is that with the unlimited rebuy tournaments players should start the tournament deciding what the maximum number of rebuys will be. This should always be based on their bankroll for the tournament.