Online Multiplayer Poker with daily tournaments and daily $1000 or more freerolls and qualifiers for the World Series of Poker and the World Poker Tour. Play Texas Holdem, Omaha, Omaha hi/low, 7-card Stud, Heads up, single table tournaments and multitable tournaments. Also PartyPoker.com Million qualifing tournaments.
Ring games
PartyPoker's ring game customers have a wide choice of poker games they can play (such as Texas Hold'em or Omaha High) and the stakes they can wager. Players participating in ring games play against one another for the aggregate amount wagered on each hand (the "pot"), less the rake charged by PartyGaming for hosting the table.
The rake charged by the Group varies between $0.50 and $3.00 per hand of poker depending on the size of the pot, but is only chargeable if the pot is greater than $5.00.
Tournaments
Poker tournaments are an important component of an online poker offering not only because they provide additional revenue in the form of entry fees (which is also categorised as rake) but also because they attract more customers to the site. Tournaments are divided into two formats: single-table (up to 10 players) and multi-table.
In both cases players pay an entry fee and 'buy-in' to a tournament that offers a prize, generally in the form of cash (but may also comprise free entry to higher value tournaments). Tournaments operate on a knock-out basis whereby players attempt to win each others' chips until there is only one chip-holder remaining. Prizes are typically awarded to the winner and the two runners-up.
The prizes will be the aggregated entry fees of all the contestants in the tournament (less PartyGaming's rake for hosting the tournament). Single-table tournaments for up to 10 people playing on a table take about 30 to 60 minutes to play.
In multi-table tournaments, players winning the "first" table proceed to the next one for further rounds of knock-out, this process continuing until only one table remains and one chip-holder is left. The greater the number of players in multi-table tournaments, the larger the prize money on offer.
PartyPoker offers both "scheduled" tournaments (which start at designated times) and "sit and go" tournaments (which start as soon as there are sufficient players). Scheduled tournaments currently include a $200,000 prize tournament every Saturday, a $250,000 prize tournament every Sunday and a $1,000,000 prize tournament every month.
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