sit and go
 n.— «The Seminole Hard Rock Hotel & Casino in Hollywood hosts what are known as “sit and go” tournaments. These last about an hour and are held 24 hours a day.…”Sit and go is a poker culture term. We refer to them as minitournaments.…Buy-in levels are $140, $250, or $500. They are no-limit. First-place prizes range from $580 to $2300, depending on the buy-in level.”» —“Rock, Paper, Scissors!” New Times Miami (Florida) June 23, 2005. (source: Double-Tongued Dictionary)

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