Definition of satellite
A satellite is a tournament that has paid entry to a larger tournament. A satellite tournament is a good way to access a tournament that we would not normally be able to afford. For example, you participate in a $100 tournament. 1000 players sign up. We have a total of one prizepool of $100,000. For example, the satellite tournament could offer 10 play-off spots for the main event from $World Series of Poker to $10,000. Few people can afford to participate in a $10,000 tournament. Participating in a $100.00 satellite tournament that offers you the chance to win your seat for a $10,000 tournament is a great opportunity.
Some notes on the satellites tournaments
The beauty of satellites tournaments is that there is often overlay in this type of tournament, meaning that the prize money will be greater than the amount collected with the entries. In addition, there are many recreational players who play them. Therefore, the average calibre of players in satellites tournaments is low. If you play a lot of them, you might get good results. And some poker rooms will give you the cash prize money if you already had a seat for that tournament.