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It's completely free to host a tournament on tournamatic.com. Select the 'Create Tournament' menu item on the top menu and pick a tournament type from the drop-down. This will take you to a multi-step entry form where you can enter details about your tournament.
Please note, tournament registration is not available here. To register for a tournament you must return to the main lobby or the tournament lobby. To register for a tournament you must return to the main lobby or the tournament lobby.
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PokerStars is introducing a fun way to personalise your online poker experience, by setting up your own tournaments via the PokerStars VIP Store. This new option is open to all players, with your personalised tournament launched live on the date of your choosing, and customized to your specifications.
At sites like PokerStars and 888 Poker, two of the leading online poker sites, you can set up a private poker tournament for co-workers, associates, clubs, charities or just for a bunch of friends. There are no limits to the number of people that can participate. And there are no additional charges for setting up your private poker games. Since everything is handled by the online poker site.
This is a discussion on How to create my own tournament? within the online poker forums, in the Tournament Poker section; perhaps I wanna make up my own tournament online in one of the famous.
The second is poker Tournaments where each player pays a buy in amount at the start of the Tournament and in return receives an amount of Tournament chips to play with. All the player’s buy ins are combined to form the Tournament prize pool which is then awarded to the top finishing players in the Tournament.