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Step 4: The buy-in for this level is $100 + $10. Come in first or second and go to step 5. Come in third and play step 4 over again.
Step 5: If you happen to have $450 + $45 you can buy-in to this level. If you've were lucky enough to come in 1st or 2nd previous step, it costs you nothing. The first two finishers go to final step, third place gets to play step 5 again.
Step 6: You've made it to final step. Of course you can just cough up $1,350 + $135 to play in this game or you might have gotten here all way from step one for $1. In either case, finish 1st in this ten player table and you're on your way to WSOP. Come in 2nd and you win $1,000.
This is just one example of an on-line poker site's roadmap to WSOP. At FullTilt poker you can get there for as little as $4. And they have a promotion in which if you gain entry to tournament through their site and win $10 Million at WSOP, they will match it with an additional $10 Million.
Party Poker has satellites starting at $9,InterPoker can get you there for $10, and UltimateBet has games for as little as $3.
There are even some sites where you can gain entry through freerolls (tournaments with no entry fees).
There are all sorts of tournaments like this at many different online poker sites and they all follow same basic pattern. You buy-in at a low level to win entry into a higher level tournament. I narrowly missed making it to PartyPoker millions tournament with a $10,000 buy-in and a prize pool of $7.5 Million. For $6 I worked my way up to finals where I needed to come in one of top 4 positions. Unfortunately I finished 9th, but there's always next year. And boy, did I get a lot of entertainment and excitement for my $6.
So if you're looking to be next poker star and you don't want to put down $10,000 to get in game, check out different online sites and see if you can turn $1 into a million.
Copyright 2005 FunProfitPoker, All Rights Reserved.
Peter Berlin is a TV Game Show Producer/Writer and an avid online poker player. He has authored the e-book Play The Flop, a Guide to the Best Online Poker Sites and has a poker newsletter reviewing the best sites, sign-up bonuses, tournaments, satellites, and events going on in the world of online poker.
To access the e-book and sign up for the newsletter please visit http://www.funprofitpoker.com