Want to win everything without paying anything?
Online poker freerolls are tournaments that charge no buy-in nor entry fee. They are hosted by most internet cardrooms basically to draw more players to their sites.
Nonetheless, prizes are real. There are online poker freerolls where rewards are seats to the WSOP or some large major poker tournaments. Other freerolls give pool prizes that run to as much as $5 million.
Such huge prizes are not granted daily, however. Most daily scheduled online poker freerolls have much smaller prizes, however, but they are still a great way to win cash from nothing.
Pool prizes vary. Some pool prizes are at a low $5 to $50 range. Some pool prizes range from $100 to $500, while some give as much as $1000 and $1500.
Most online poker freerolls hold no limit hold 'em games, and most have limited number of game seats. Some poker sites, however, places no limit on the number of players they are accepting.
The "free" in the freerolls, to a certain degree, can be misleading. Online poker freerolls, indeed, require no deposit, no buy-in, and no entry fee. Some other qualifiers, however, are often required. In short, some other conditions apply.
In some sites, a player is required to have made an initial money deposit. Sometimes, the player is required to have reached a minimum amount deposit within 31 days after the player has made one's initial deposit.
In most cases, freerolls serve to comp loyal and regular site players. As such, poker rooms require a player to have earned a defined number of rakes or player points. This means that players need to accumulate a number of bonus points before they could join online poker freerolls.
Bonus points can be earned in two ways. Some poker sites grant bonus points on cash deposits made. Some sites grant bonus points for every real cash poker tournaments.
Some sites also reward players with high win records in real money tournaments for a defined time period. The time period is a month, generally, but quarterly and semi-annual selections are also done.
Most online poker freerolls are open to players worldwide while some are available to US players only.
Again, in online poker freerolls, you deposit nothing, you pay nothing to play in tournaments with varying pool prizes. You may win $5, you may win $5 million. You may win cash, you may win WSOP packages. In online poker freerolls, you give none but may receive pool prize and all.