Yep - that's exactly how the home games work in Poker Stars , and you don't even need to make a deposit to do this .
You can make the games buyin with play chips - which most people do , or you can do a cash buyin - then everyone wins cash from the game.
If you use play chips but still want to pay prizes in cash , then you need to find another way to payout the prizes.
We have a strategy section that can give you some tips on setting up a "home Game" - this is more for live , but it should also help for setting up an online game .
pjokay agrees - Poker Stars did this several years ago for any one to set up a game online - I play with some other Canadians in a regular home game on Fridays when I can , it is just for play chips , but they have knockout bonus in it. I usually have to work but join in when I can.
You can choose the game , Holdem or other variants , you can choose the pay structure , you can choose how long the breaks are - we always have a little more time in our ladies games
, and or you can even add "extra" breaks if you know everyone is going to be there for awhile and want to eat !
https://www.cardschat.com/organize-home-game.php