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Ultimate Bet tournaments are some of the biggest on the internet thanks to the tens of thousands of players that log in to UB every day. Hundreds of single table tournaments (SNGs) run every hour and dozens of major tournaments run every day at Ultimate Bet. The buyins range in size from $0 and go all the way up to $1,000. Whether you’re a low rolling casual player or a high stakes grinder, you can always find a tournament to fit your needs at UB.
There are tons of tournament types as well, including SNGs, MTTs, shootouts, rebuys, guaranteed prize pool events, satellites and more. Some of the larger tournaments have prize pools of up to $200,000. A win in one of those tournaments will net you more than what most people make in an entire year at work.
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The best part is that even small stakes players can play for big money thanks to the wide selection of satellite tournaments and step SNGs. In both types of tournaments, you can register for just a few dollars and win free entry to larger tournaments that would normally cost hundreds of dollars to play. Some of the satellite tournaments at UB even reward players with plane tickets and entries to major live events like the World Series of Poker.
Ultimate Bet Guaranteed Tournaments
Ultimate Bet tournaments with guaranteed prize pools are tournaments in which the prize pool is guaranteed to be at least some specified amount. For example, the Ultimate Bet Sunday 200K guarantees a prize pool of at least $200,000, no matter how many players join.
If not enough players join the tournament to meet its prize pool, Ultimate Bet donates money to the prize pool to meet the guaranteed amount. This is a great value for players because the prize pool is just as big even though there are fewer players to compete against.
A few of the most popular Ultimate Bet guaranteed tournaments include:
- The Sunday $200K Guaranteed
- The monthly $128K Guaranteed Heads Up
- The Sunday $100K Guaranteed Deep Stack
- Many smaller guarantees that run every day, with prize pools that range from $3,000 to $15,000.
Ultimate Bet Tournament Types
Ultimate Bet keeps things fresh by offering a wide variety of tournament types. Texas Holdem is the most popular game and traditional freezeouts are the most common but there are also many others to choose from. Continue on for a brief explanation of each type of tournament at Ultimate Bet.
Traditional Freezeout Tournaments
These are your basic multi-table tournaments. The tournament has a scheduled start date and then it begins at that time. The tournament plays until only one man is left standing. The prizes are divvied up depending on how many players joined the tournament. The first place prize in these tournaments can be quite substantial if enough people participate.
Sit-N-Go Tournaments
The sit-n-go (SNG) tournament is a single table tournament that has no scheduled start time. It simply waits for nine players to join and then begins as soon as the 9th player joins the table. These tournaments typically only take about 30-45 minutes to play and they pay out cash prizes to the top three finishers.
There are also multi-table SNGs that have 18, 36 or 45 seats. These tournaments are just like single table SNGs except they have larger prize pools and pay more players. You can find these running all the time in the tournament lobby. There are also 6 person SNGs and heads-up SNGs. The six person SNGs pay the top two players and in the heads-up SNGs, the winner takes all.
Satellite Tournaments
These are tournaments in which the prize is not cash, but rather a free entry ticket to a larger tournament. For example, if you want to play in the Sunday $200K Guarantee but don’t have an extra $200 laying around, you can play in satellite tournaments to win your way in for as little as $1.10.
Satellite tournaments are a great way for casual poker players to still have a chance at winning big money. Many of the players you see at the World Series of Poker are there because they qualified in an online satellite tournament of some sort. In fact, the majority of the Main Event grand champions in recent years qualified through online satellite tournaments.
Rebuy and Addon Tournaments
Rebuy and Addon tournaments are multi table tournaments that allow you to buy back again if you lose your stack during the first hour. The prize pools for rebuy and addon tournaments continue to grow after the tournament has started thanks to all the rebuys. At the end of the rebuy phase, the players then have an option to purchase an additional stack of chips for the price of one buyin.
You’ll notice that rebuy tournaments play much differently than normal tournaments during the first hour. Players know they can always rebuy if they go broke, so you see a lot of gambling and all-in action. Rebuy tournaments are a great value for the skilled poker player.
Bounty Tournaments
If you knock out a pro in a bounty tournament, you will win a cash prize for doing so. The size of the bounty varies from one tournament to the next but you can find all the details by visiting the tournament lobby. In bounty tournaments, you can win cash prizes without even finishing in the money.
Sniper Tournaments
Sniper tournaments are like bounty tournaments except there is a prize on everyone’s head, even yours. One part of your buyin goes towards the prize pool and another part goes to the bounty on your head. Every time you knock out a player, you collect a bounty for knocking that person out.
Step Tournaments
Step tournaments are SNGs that give you a chance to win a seat at a major live event (like the Aruba Poker Classic) for as little as $0.10. Step tournaments at Ultimate Bet area a series of 10 tournaments in which your goal is to win your way in to the next tournament up.
You can buy in directly at any level but the buyins get increasingly expensive the higher up you go. Whatever level you buy in at, you will need to finish in 1st or 2nd place to advance to the next level. If you finish lower than that, you might still be able to replay your current level for free. If you finish near the bottom, you’ll have to start over from the beginning. The winner of Step 10 will get an all-expenses-paid tournament trip of a lifetime.
[...] Some weeks there are 800-ish player and other weeks there are well over a thousand players. The tournament takes up a good amount of time but the prizes are well worth [...]
[...] back at no cost to you. The actual tournament changes all the time so you’ll have to check the Ultimate Bet tournaments lobby for the latest information. So far, I’ve seen step tournaments that send players to the LA [...]