Full Tilt Tournament 'Cashout Poker' Allows Players To Take The Money And Run

A new concept in tournament poker could revolutionise how players view tournaments after Mel Judah launched his innovative ‘Cashout Poker’ exclusively at FullTiltPoker. Whereas in the past a player’s only option was to get into the money first and then work their way up the payout structure, ‘Cashout Poker’ allows players to cash out their chips at any time during the course of a tournament.
The exciting new system works by setting up two prize pools divided into a cashout prize pool and a main prize pool. Any player wishing to cash out during a tournament will be payed from the cashout pool, which is an equivalent of half the value of their chips.
Whereas a full cashout will remove the player from the competition, players will also be allowed to consolidate by making partial Cashouts thus allowing them to continue in the tournament.
The new system was developed to provide a range of benefit for all types of online tournament players in that weak players with large stacks can now consolidate their gains, stronger players deep in an event can cashout early and experienced players will benefit from an ever decreasing field.
Although the concept of cashout tournament poker has been experimented with before, the lower percentage cashouts permitted never really caught the poker community’s imagination up until now.
If you would like to give Cashout Poker a try then you can join Full Tilt Poker with new players eligible for a new player bonus of 100% and up to $600 dollars on their first deposit using the Full Tilt Bonus Code.

Other news:   50/50 Poker Tournament Series coming to BetOnline Poker

Poker News
18 Dec 2012
Since relaunching on November 6th, Full Tilt Poker’s traffic has continued to slide and is presently a massive 53% off its highest recorded peak of around 8,000 cash players. The good news for the online poker room, however, is that with a  seven-day average of 4,300 cash players it still has clear daylight ahead of
15 Nov 2012
Three months on since a deal was struck between the US Department of Justice and PokerStars to resurrect Full Tilt Poker, players around the world have been flocking back to the site’s poker tables, while reclaiming their frozen funds. Not so fortunate for US players, however, who are still suffering from a government which so
06 Nov 2012
Today at 7:00 ET (12:00 GMT), Full Tilt Poker officially re-launched its real money games, and within an hour and a half of its re-opening, the site already had around 23,000 people playing at its tables. The eagerly anticipated re-launch of Full Tilt obviously has not disappointed, and as Full Tilt ambassador Gus Hansen, explains:
05 Nov 2009
The Full Tilt Late Night Poker final started airing on Channel 4 this Tuesday and presented one of the toughest tables imaginable with Gus Hansen, Annette Obrestad, Patrik Antonius, Tony G, Luke Schwartz, Sam Trickett and Huck Seed all vying for the $200,000 first prize. As the play got underway, the chip counts were evenly