Freeroll poker tournaments are daily events that happen on a lot of the best online poker websites. Freerolls are much loved by the poker playing community as they offer the poker players the chance to win some real money without losing any. The entry to these freerolls is – as the name suggests – free and prize money can range from a few dollars for a placing to hundreds of dollars for winning the big freeroll Texas Holdem poker tournaments.

So why do the poker sites have freerolls? Is it because of their extremely generous nature and the fact that they make vast sums of money so they feel a moral obligation to give some of it back?

No of course it isn’t, the reason that the big poker websites offer freerolls is to attract people to their site.

Here’s the theory in a nutshell – You hear that a site has a great freeroll, it costs you nothing to enter and you can win $100. You think “Great!” and you go along to the site and get registered as a member so that you can play the freeroll. You play and finish early and are annoyed because you feel you should have done better, or you go close to winning and so you’re looking for some more action. What do you do? You spend some money at the site and play another poker game!

Always check the freerolls for cash-out requirements, you will nearly always need to play some hands for real money before they let you take the money out. Often this is on a 1=1 basis, so if you win $20 at the freeroll poker tournament you will need to have played for $20 in real money in order for you to be able to withdraw the money.