A shootout is really just a series of single table tournaments. Take, for example, a field of 81 players. In a normal tournament, as soon as 1 player is eliminated (assuming max table size=10), one table will be broken and its members moved to another table, to "balance" out the tables. In a shootout, though, for a 81 person tournament, you will have 9 tables of 9. Each table will play until there is only 1 person left at that table, with no "balancing" from other tables. The 9 table winners will then play another table to determine the final ranks 1-9. You will sometimes see terms like "Double Shootout" or "Triple Shootout." The word before Shootout is how many tables you will need to win to win the whole event. So a double shootout will take 2 tables to win, a triple will take 3 tables to win.
What he described is a DOUBLE shootout.... because you play two "Shootouts" which are the same thing as a freezeout.... the most common double shootouts are satellites for the WSOP main event, and for other big buy-in tournaments....To answer your other "vocabulary words"
, a freezeout and a shootout are the same thing, tournaments with no rebuys. If a tournament is described as being a bounty tournament, for each player you eliminate, you receive a bounty. At the Orleans here in Vegas, most of their tournaments are bounties- generally $5 for each player you knock out. This is money taken from the prize pool.... I'm not a fan of bounties....And of course a satellite is a tournament where the prize is entry into another tournament. Good luck, have fun.