PokerStars recently brought a brand new version of Sit N Go tournaments to the online poker world with the launch of the lottery-style sit-and-go tournaments named Spin & Go earlier in the month. If 7.3 million played in 10 days doesn't convince you that PokerStars hit on a winner, what would?
Spin & Go tournaments are a hyper-turbo tournament played with 3-max players but...there could be much more on the table than just a fixed prize pool! Prizes are determined by a random generator as soon as the third player takes a seat. That generator can spin to anywhere from 2X to 1,200X the buy-in with the biggest prize set at 1,000X the buy-in for the winner!
The PokerStars Blog spells it out — 7.3 million Spin & Go tournaments were played on PokerStars within the first 10 days of the launch.
In that 10-day time period a big 5-digit score hit for 787 players and 20 of them hit the $30,000 Grand Jackpot. That means they hit a $30 Spin & Go tournament with a 1,000X multiplier.
Changes noticed at PokerStars since the Spin & Gos began rolling out endless poker hands are in a report from PocketFives, a large number of cash game players are heading for Spin & Gos instead.
PocketFives shows PokerScout.com's report — cash game traffic on PokerStars decreased 9.2 percent during the first week Spin and Gos were introduced in comparison to the week before. PokerScout is estimating that the true decrease in cash game traffic could be anywhere from 12 to 16 percent — during this same time period in 2013 cash game traffic increased by 2.5 percent.
Is this the beginning of the end for cash game grinders? The massive shift to Spin & Go tournaments could be just a short intermission and once the excitement cools, the trend could slow.
There are mixed reviews coming in from some of the professional players.
"The fact that you can theoretically win a thousand buy-ins in a span of minutes makes the format extremely exciting and addictive for recreational players," said Tiltbook's "masuronike". "That looks like a great thing at first glance and should make the game potentially very profitable for regulars and skilled players.
"The reality is that the actual profit of even the best and most skillful players will be affected by sheer luck ... Most of your winnings will be determined by how lucky you'll be in hitting and, of course, winning the games with 100+ buy-ins."
Are you ready to give the new Spin & Go tournaments at PokerStars a test run? Find out how to get up to $50 in free Spin & Go tickets, $20 free to use in games or your choice, and a seat in the PokerWorks-exclusive $10,000 monthly freerolls, visit our review of the world's largest poker room.