Created by Jack Sawyer on October 29, 2009
Definition
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.
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