Tokens can be used like a gift certificate in lieu of cash. A $25 token allows a player to buy into a $25 tournament, a $115 token allows a player to buy into a $115 tournament, etc. Basically, tokens are a form of currency which can be only used to enter tournaments. Tokens can only be used for the exact amount they are worth, and cannot be divided into smaller amounts. Tokens are usually earned as part of a prize pool in a contest.

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