I was thinking about entering a play-money tournament this evening on PokerStars. When I looked at the registration page, I noticed something odd about the buy-in: It was 500+30 points.
I certainly understand why online poker sites have a separate buy-in and entry fee for real-money games: The buy-in goes into the prize pool, and the entry fee is what the site keeps as its price for running the game. But when it's all fake money, why do they bother having a separate "entry fee" that is not put into the prize pool?
I have scratched my head for about ten minutes now trying to figure this out, and it's about to start bleeding, so instead of continuing I'm posting the question here.