After the success of Full Tilt Poker's Jackpot Sit-and-Go tournaments, PokerStars has joined the trend and launched brand new lottery-style sit-and-go tournaments called Spin & Go.
In line with similar products already available on the iPoker and Winamax poker networks, the world's biggest poker rooms decided to offer its players the opportunity to win big and fast starting from very small buy-ins.
The new tournaments, which are available in the client's new Spin & Go tab, are action-packed hyper-turbo three-max tournaments with buy-ins that range from a minimum of $1 to a maximum of $30.
The tournaments start off with a player being seated at the table with two other opponents to play for a jackpot that is determined by a random generator right before the action begins.
Given the way the random generator has been created, most of the time players will compete for a sum that doubles the buy-in paid to sit at the table. Yet, the luckiest ones will also get the chance to enjoy much more than that, as prize pools can actually skyrocket to as much as 1,200 times the buy-in fee.
Looking at the numbers, this means that thanks to the specificity of these lottery-style hyper-turbo sit-and-gos, players can find themselves playing for a share of up to $36,000 after investing only $30 in their game.
Although most Spin & Go tournaments are winner-take-all, the top prizes — the ones with the total prize pool equal to 100-times or more of the buy-in — are split differently so that everyone at the table gets the chance to leave with a decent payday.
PokerStars' Spin and Go events come with a fairly low implied rake, as lower-stakes games rake at 7% with some of the higher stakes games raking as low as just 4%.
The Spin & Go sit-and-gos are an exclusive available to PokerStars players. To learn more about the poker room and how to get up to $50 in free Spin & Go tickets, $20 free to use as you wish, and a seat in the PokerNews-exclusive $10,000 monthly freerolls, have a look at our in-depth review of the poker room or head straight to PokerStars.