Poker-SM Live 2026

Buy-in — the tournament's entry fee. Total buy-in includes every declared entry, re-entry and add-on in the listing.

Entries — the number of entries the player has declared for the same event — the first entry plus any re-entries. Every entry counts toward the total buy-in you back. If the player uses fewer entries than declared, the money for the unused ones is refunded in the final settlement — including the markup, so you get back exactly what you paid for them (share × cost × markup).

Markup — the price premium the player sets for the share. 1.25× means you pay 25% extra; 1× is no premium. It's a price, not a verified measure of skill or expected return, and does not give you any right to reimbursement for the player's travel, accommodation or other personal expenses.

Share (%) — your piece of the player's winnings. Buy 5% and you get 5% of every prize. Your cost is share × buy-in × markup — calculated for you before you send.

Taken (%) — the share that's taken: both confirmed (paid, active) shares and reserved shares where the player has said yes but payment hasn't arrived yet. Terms lock at reservation, so both count as taken — but a stake becomes active only once the player confirms payment has been received. "Available" above shows only what can actually be bought right now.

Settling — after play, the player reports the result and sends each backer their share. The backer then confirms receipt on Pebel. Money always moves directly between the parties — Pebel never touches it.