access A tourney with a relatively cheap entry fee that gives entry to a more expensive tournament as it's prize. For example you may enter a $50 game and if you win you are entered into a $2500 game. It's a form of gearing. Cheers Reachy
Two countries divided by a common language Leverage is the term used in the US (and also here, sometimes). In the world of finance, it means getting an increased potential for profit/loss per $ invested.
nailed Colin nailed it, and far more succinctly than I would have done. Question is, in the example given, would you prefer the $2500 "cash in hand" or direct entry to the bigger tourney? Cheers Reachy
Question is! Prefer the $2,500 or entry? Depends on first to sixth payout and how many participants. And quite possibly how many other tourneys close by with bigger payouts for "what" investment are available within a short time frame. Door number one. Door number two. Door number three. Which case is the mil in?
