Originally Posted by
hutmaster
I've been playing on Black Chip Poker and while I haven't played a lot there are a ton of tournaments. They seem fairly soft too. They have an interesting series coming up called The Cage. It's a $1000 buy in (lots of sattelites available). You start with 1000 chips which represent real money. The tournament ends after 5 hours no matter how many players are left. What ever your chip stack is gets deposited into your account as real money.
Isn't that just a cash game with no rebuys?
I have actually thought about a possible tournament format where people can "cash out" their stacks at any point, based upon some kind of calculated equity. Then their chips are taken out of play, and the tournament continues as normal.