• July 24, 2021

Poker Dictionary: Double Or Nothing

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DoN: Acronym for “Double or Nothing,” a certain type of Sit-N-Go.
DoNs Explained
A typical SNG tournament will start with 6, 9 or 10 players and the first place finisher will get the highest percentage payout from the prizepool.
DoNs–Double or Nothing SNGs–use a completely flattened pay structure, in which half the entrants double their money and the other half get nothing.
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Payouts Explained
In a typical SNG–let’s say a 9-handed NL table with a $100 buyin–the payouts would be 50%/30%/20%, meaning first place will receive $450 and third place will get $180.
In a DoN SNG–let’s say a 10-handed NL DoN with a $100 buyin also–the first through fifth finishers will receive $200, while those who busted in the six through ten spots will get zero dollars back.
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Steve Carr

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