Definition of shootout
A shootout is a tournament that is played as a winner-take-all sit'n'go. For example, you register for a shootout tournament and 1000 players are registered. The 1000 players will be spread over 100 tables of 10 players. These 100 tables will be sealed, i.e. the players will play each other until only one player is left. At the end of the first round, there will be 1 player left on each of these 100 tables. After that, these 100 winners will be redistributed to 10 tables of 10 players. Again, same scenario, until there are only 10 players left, which we will put on a final table.
Why should we play shootouts?
If you are a 1 table sit'n'go specialist and are looking for something different, these shootout tournaments might be of interest to you. Normally, if you win 3 sit'n'go's in a row, you might make about 15 buy-ins in profit. However, if you win all 3 sit'n'gos in the above tournament, you could be looking at 150-200 buy-ins. Generally, in this type of tournament, the money is concentrated at the final table. In many cases, you won't get a paid seat until you reach the final table.