Originally Posted by or3o1990
I'll probably try to qualify for a live MTT soon and that'll mean I'll get to play a few sng's. What do you mean "receipts/lammers?
most live STTs that I have played are not paid in cash, they are usually played as qualifiers to other larger events as part of a series. Because of this when you win, you will not be paid in cash, you will be paid in a tournament receipt (equivalent to a tournament coupon in online world) or you will be paid in a token, at the WSOP
this is an oversized chip called a "lammer" and they're worth $500 each. Lammers trade like cash during the WSOP and you can easily sell them for full face value to people in line until the last couple of days and then you might have to sell them at a discount. After registration to the main event has ended, lammers forfeit all value.