GlossaryTournaments

Freeroll

A tournament with no buy-in that still pays prizes, or a hand where you split at worst and might win it all.

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What it means
Sites and card rooms run freerolls to bring in players, often with small prizes, a cap on entries or a condition for entry. In a hand the word means something else: two players hold the same hand, but one of them can still improve to win the whole pot, while the other can at best split it.
How it is calculated
In a freeroll tournament a loss costs nothing, so many players play loosely in the early levels. In a hand, when the worst you can do is split, betting and raising risk nothing, so put in as much as you can.
Worked example
You hold A♥ K♥ and your opponent A♣ K♦ on Q♥ J♥ T♣. You both have the ace-high straight, so the pot splits, but any heart on the turn or river gives you a flush and the whole pot. Nine hearts are among the 45 cards you cannot see, so you get there about 36% of the time.
Why it matters
Spotting a freeroll lets you build a bigger pot with no risk, and spotting your opponent's stops you from putting more in when you can only split.

See also: Split pot, MTT (multi-table tournament), Buy-in