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Unlike in cash games, players are not free to cash out or rebuy at any time. Sit and go entrants 💶 continue playing until they run out of chips. Prizes are awarded based on the position a player finishes the event. 💶 While the last man standing wins the entire sit and go, prizes are often awarded to players who outlast the 💶 rest of field: 1st place, 2nd place, 3rd place etc.
Sit and goes come in a variety of different styles with 💶 different rules and structures. Here is a short list of common structures -
Heads Up, 9-man, 180-man etc etc – Describes 💶 the number of entrants required before the sit and go begins.
Hyper, Turbo, Hyper-Turbo, regular, Deep – The exact meaning depends 💶 on the poker room, but these are references to the tournament structure. Turbo tournaments typically involve starting with relatively shallow 💶 stacks along with fast increases in the blind levels. Deep tournaments are the opposite; deep starting stacks and relatively slow 💶 increases in blind levels.
Double or Nothing – Half of the registrants double their buy-in amount while the other half walk 💶 away with nothing.