A type of tournament offered by Full Tilt poker
which allows a player to cashout some or all of his/her chips before the conclusion of the tournament. When registering, half of the buy-in
goes into the cashout pool, which a player can then use to cashout before reaching the final table
. Upon reaching the final table
, the remainder of the cashout pool will be divided among the remaining players, on basis of their stacks.
Example: In the Full Tilt Lobby software you will find many Cashout Tournaments of various buyins to play.
Created by Jack Sawyer
on 29 Oct, 2009