What GTD Means in Poker?
If you are an avid poker player, you might have heard the term GTD thrown around at some point or the other. But what does it actually mean?
In this article, we will explore the concept of GTD and its significance in poker.
GTD stands for “Guaranteed Tournament Dollars” and is a type of currency that is used in online poker tournaments. This currency is created by online poker sites to offer tournament players a form of compensation for playing in their events.
The concept of GTD was introduced to combat player complaints about online poker tournaments not having enough guaranteed prize pool money. To solve this issue, online poker sites started offering a certain amount of guaranteed prize pool money for their tournaments, which would attract more players to participate.
However, there was still a problem – if not enough players participated in the tournament, the guaranteed prize pool amount would not be met. This is where GTD comes into play.
Online poker sites started offering GTD dollars as an incentive to attract more players to participate in their tournaments. These dollars are essentially virtual currency that can be used to buy into other tournaments on the same site.
For example, if a player wins $100 worth of GTD dollars in one tournament, they can use that $100 to buy into another tournament on the site instead of using their own actual money.
GTD dollars are also transferable between players on some sites. This means that if you win $100 worth of GTD dollars and want to sell them off to another player who wants them, you can do so.
Now that we understand what GTD means let’s discuss its significance in poker.
Firstly, as mentioned earlier, sites offering GTD tournaments attract more players as they guarantee a certain amount of prize pool money irrespective of how many participants there are. This means that even if there are fewer participants than expected, players will still receive the guaranteed amount.
Secondly, GTD tournaments offer players the opportunity to win virtual currency that can be used to buy into other tournaments on the same site. This means that players can participate in more tournaments without spending any actual money.
Lastly, GTD dollars are transferable between players on some sites. This means that if a player has a surplus of GTD dollars, they can sell them off to another player who needs them.
In conclusion, GTD is a concept that was introduced to solve the problem of online poker tournaments not having enough guaranteed prize pool money. It has now become an integral part of online poker and offers players several benefits such as guaranteed prize pool money and virtual currency for participating in tournaments. As a poker player, it is important to understand what GTD means and how it can benefit you.
