By TheNuts - Oct 09, 2014
PokerStars Launches New Spin & Go's
PokerStars has released a new high reward Sit & Go game type known as 'Spin & Go'. Spin & Go's will play out in a 3 handed winner-take-all format where entrants will have the unique opportunity to win up to 1,000 times their chosen buy-in.
Here's how it works…
Spin & Go tournaments are currently offered at 5 different buy-in levels: $1, $3, $7, $15, and $30. Players select their buy-in, the number of games they'd like to play (max: 5), and are taken to their table(s) upon clicking the 'Register' button. Once all 3 players have been seated the prizepool spinner is activated, and the fun begins.
Each Spin & Go tournament is randomly assigned a different prizepool which could be anywhere from 2x the buy-in, up to 1,000x the buy-in. For example, the minimum prizepool for a $3 Spin & Go would be $6 - but the maximum is $3,600.
The possible prizes and probability for each Spin & Go buy-in level are as follows:
| $1 Spin & Go | Probability |
| $1,000* | 5 of 100,000 |
| $200* | 10 of 100,000 |
| $100* | 15 of 100,000 |
| $25 | 80 of 100,000 |
| $10 | 1,000 of 100,000 |
| $6 | 8,000 of 100,000 |
| $4 | 13,510 of 100,000 |
| $2 | 77,380 of 100,000 |
| 7% of the prize pool goes to rake |
| $3 Spin & Go | Probability |
| $3,000* | 5 of 100,000 |
| $600* | 10 of 100,000 |
| $300* | 15 of 100,000 |
| $75 | 80 of 100,000 |
| $30 | 1,000 of 100,000 |
| $18 | 8,000 of 100,000 |
| $12 | 16,510 of 100,000 |
| $6 | 74,380 of 100,000 |
| 5% of the prize pool goes to rake |
| $7 Spin & Go | $15 Spin & Go | $30 Spin & Go | Probability |
| $7,000* | $15,000* | $30,000* | 5 of 100,000 |
| $1,400* | $3,000* | $6,000* | 10 of 100,000 |
| $700* | $1,500* | $3,000* | 15 of 100,000 |
| $175 | $375 | $750 | 80 of 100,000 |
| $70 | $150 | $300 | 1,000 of 100,000 |
| $42 | $90 | $180 | 8,000 of 100,000 |
| $28 | $60 | $120 | 18,010 of 100,000 |
| $14 | $30 | $60 | 72,880 of 100,000 |
| 4% of the prize pool goes to rake |
While most Spin & Go's will receive a prizepool of just 2x the tournament buy-in, the reward of hitting one of the larger payouts is immense. Those fortunate enough to draw one of the 3 largest prize tiers will be compensated automatically with at least 10% of the enhanced prizepool, on top of the 1 in 3 shot of taking home the first place payout.
All Spin & Go's currently play out via a super turbo structure - participants will begin with 500 chips and the blinds will increase every 3 minutes.
To get new players in the spinning spirit PokerStars has incorporated a little chance into their new deposit offer. Anyone that deposits $20 or more by October 26th using the bonus code: FREE20 will randomly receive between $10 and $50 worth of tickets to use in Spin & Go tournaments. The likelihood of pocketing each bundle is as follows:
| Spin & Go Ticket Bundle | Likelihood of Winning |
| 10 x $1 Spin & Go Tickets | 50% |
| 20 x $1 Spin & Go Tickets | 20% |
| 30 x $1 Spin & Go Tickets | 15% |
| 40 x $1 Spin & Go Tickets | 10% |
| 50 x $1 Spin & Go Tickets | 5% |
Players that utilize the FREE20 code will also receive $20 in free money to use however they wish, plus a free ticket to the 100K Privilege Freerolls.
Don't have an account yet on PokerStars? Register through TheNuts today.