Second Chance tournaments give players who have been knocked out the opportunity to enter into the tournament for a second time. The participant gets a new starting stack and a new seat. This Second Chance does not have to be taken up immediately after elimination, and remains available until the end of level six, as long as there are seats available. These free places are allocated by the tournament managers, with reference to a waiting list (alternate list).
If players finish in the money before the end of level six, their option of a Second Chance ends and they are not allowed to re-enter the tournament.