Todd, please correct me if I am wrong. There is a $10 + $1 tourney. That means it will cost the players $11 to compete right? Also, any loser must then send a $5 chip to the person they knocked out.

ie....Larry, Moe, Shimp and Curly are playing. Larry wins and takes out both Moe and Curly leaving just him and Shimp in the game. Moe and Curly must then send a chip to Larry.

Basically, the total buyin in $16. Do I understand this correctly? I've never done a poker tourney before but really want to. Also, what happens to the $11 buyin? Is that a admin fee for the poker site?

Sorry for the stupid questions. I plan to be there. :)

Chris