Can someone explain to me how money tournaments work? I'm familiar with poker tournaments, which have a buy-in and a fee, e.g. $1 + $0.10, in which $0.10 is the fee or rake. The $1 goes into the prize pool and is distributed among the winners of the tournament. Are there any tournaments on BBO that have a structure similar like this? I'm seeing a lot of "Monthly best player award" stuff, which seems pretty stupid and non-transparant tbh. I don't understand most of the pay-out structures posted in tournament info's. Am i correct in the assessment that most of the tournaments don't pay out anything at all? And if so, why does anyone bother playing them?