SpadeClub Points and Token Buy Ins
This week I have once again qualified for spadeclub’s weekly $5k online poker prize pool. Spadeclub is a casino site based on earning points and satelliting into larger poker online events. To become an “exclusive member” a player pays $20 a month. If you do not play, you cannot participate in most of the tournaments. You can play for prizes like cruises, entries into big tournaments in real casinos (like Bellagio) or daily cash prize tournaments; the entries to these tournaments are point based, so if you have earn a lot of points, you can buy directly into the big games and skip the 1st tier of satellites. However, the biggest weekly and monthly prizepool tournaments require a token for entry, not points. So, you have to earn a token by playing in specific tournaments or sit and go’s to qualify for these big games.
For the past 2 weeks in a row I have qualified for the weekly $5k tournaments by earning a blue token. I did it both times by playing multi-table tournaments (MTT’s). These usually have around 100-150 players and the final table (9 players) are awarded a token as some points. The sit and go’s are a bit harder because they are winner take all. So, the percentage is still about the same, 1 in 9, or 9 of 100, but the sit and go’s are much more cut-throat. They also have 2-table sit and go’s for a smaller point buy in, but still a winner take all format.