When you enter a poker tournament, you are competing against other players for a share of the prize pool. The prize pool is typically composed of money that has been set aside by the tournament organizers, and is distributed among the winners.
Each player who finishes in the money at the end of the tournament is awarded a share of the prize pool. The amount that a player receives depends on how high up on the standings he or she finished.
Players who finish in the money at the end of a tournament are said to have “leveled-up.”.
The number of levels in a poker tournament is determined by how much money is available as a prize pool. The first level is typically composed of $10,000 or less.
The second level is for tournaments with a prize pool of $25,000 or more. Each subsequent level increases the amount of money available as a prize.
A player who finishes in the money at the end of a tournament is said to have “leveled-up.” The amount that a player receives depends on how high up on the standings he or she finished.
