Tournaments are poker competitions where all of the players play at the same time and continue to play until only one player is left. Tournaments are fun to play in, have a low entry fees and offer a large prize pool to be won. For these reasons they are a very popular. They are inexpensive way for novice poker players to learn how to play the game, as well as a providing a place for more experienced players gain experience.
While there are many different types of poker games played at casinos and online rooms, tournament play is usually reserved for Texas Hold'em, Omaha, and 7-card Stud, because these games have a large following.
Poker tournaments can have as few as 6 players (single table tournaments) to thousands of players for larger events. Large tournaments consist of many tables, each table having 8 to 10 players. The tables are slowly removed from the tourney as players are eliminated, and players are balanced from table to table as needed. (These are known as multi-table tournaments). Finally all but the last table will be removed and these last 8 to 10 players play until only one of them remains.
Tournament Basics
To play in a tournament players have to pay two fees. They have to pay an entry fee to the poker room hosting the tournament to cover the expenses involved. This gives the player an assigned seat and a set quantity of tournament chips with which to play (these chips have no cash value). Players also pay a buy-in fee. The buy-in fee is held and paid out as prizes. The prize payout differs from tournament to tournament but typically it all goes to the few players fortunate enough to make the final table.
The object of a tournament is to win all of the chips. All tournament players start out with the same quantity of chips to play with and all start playing at the same time. Players play until they lose all of their chips and are then removed from the tournament. A tournament continues non-stop, often for several hours, until only one person remains. As playing progresses the stakes rise (Blinds are doubled on a timed interval), making it more and more difficult for players with short stacks to remain in the game.
Players are awarded prize money based on their finishing position in the tournament. The top finishers earn the most money with the 1st place winner usually receiving about 30% of the total prize money, the 2nd place winner about 20% and so on. The number of winners and the size of the payouts depend upon the rules for the tournament being played and the number of people playing.
Re-buys and Add-ons
Some poker tournaments allow players a re-buy option. This re-buy option allows players to purchase more chips if they run out of them at the start of the tournament. A player can purchase the same number of chips that he/she started the tournament with. Some poker tournaments allow unlimited re-buys during the first hour of play, while other tournaments allow only a single re-buy.
An add-on option is similar to the re-buy option. Add-ons differ in that they are usually only offered once at the end of the re-buy period and can be purchased regardless of how many chips you have. As the name implies these chips are added on to your stack of chips.
All proceeds from re-buys and add-ons are added to the prize pool less house fees (if applicable).
Betting
Tournament betting is structured with the betting limit increasing regularly. The changes in betting limits occur differently depending on the tournament; some are timed while some increase the limit after a set number of rounds are played.
Balancing and Collapsing Tables
Larger tournaments start out with more than one table, each having 8 to 10 players. As the tournament progresses players will be eliminated and the number of players at each table will not remain the same. For the tournament to be fair the number of players at each table should be the same, so the organizers move players from table to table in an attempt to keep all the tables equally populated.
Balancing is the practice of moving players from full tables to less full tables when the difference is 3 or more players.
Collapsing tables is the practice of removing tables once there are enough empty spaces among the rest of the tables to do so. Thus with 10 player tables when there are 10 empty spaces the players from one table are moved to empty spaces and that table is taken out of play.
Matthew is a frequent poker player who offers reviews and shares his experiences playing tournaments online at http://www.playrealpokeronline.com
If you are like the average, recreational Blackjack player, you... Read More
The growth in online poker has been phenomenal over the... Read More
The popularity of the World Series of Poker gained tremendousmomentum... Read More
The first ever recorded sports bets, took place on 10... Read More
Getting to play poker online for free is the holy... Read More
Multi Table Tournaments (MTT) are currently very popular due in... Read More
The MIT Blackjack Team Story What's the first... Read More
You will see many roulette strategies on the net.Here we... Read More
Ah, yes-the Texas hold 'em explosion. Seven years ago, when... Read More
A successful Texas hold em player is one who maximizes... Read More
The arguments are almost endless about whether or not to... Read More
Well folks, here we are. It's August 13 as I... Read More
A trip that will always be remembered is the one... Read More
When I learned to play poker I did it the... Read More
Let's begin with a little bit of basic knowledge about... Read More
Books have been written on this subject and the debates... Read More
Women are being increasingly attracted to the excitement of online... Read More
Playing poker and winning is a very difficult task to... Read More
Gaming chips have been made from a wide range of... Read More
In Las Vegas many techie types are winning big, too... Read More
Holdem poker is taking the country by storm as one... Read More
Most blackjack articles seem to be written by people who... Read More
OVERVIEW: NFC EASTThe Eagles once again appear to be the... Read More
In casino gambling, sometimes even the most knowledgable players turn... Read More
Maybe you haven't played online roulette before, or you are... Read More
Unlike many other more "social" casino games, video poker is... Read More
Live betting is one of the main sources of income... Read More
Many people believe professional-level sports bettors win at least 60%... Read More
Video poker is usually played against a machine, which displays... Read More
Is your lack of confidence hurting your poker profits in... Read More
When one is ready to buy a quality poker table... Read More
Please correct me if I am wrong but aren't Las... Read More
Have you ever thought about the reason behind the existence... Read More
Examples of pre-game research are to see how the teams... Read More
The Club Cal Neva sports book is located on the... Read More
In the Bond film 'Diamonds Are Forever' we see James... Read More
Before you sign up with an Online Sportsbook and start... Read More
Pssst...! Wanna know a secret?How about the secrets of the... Read More
In our day and age gambling is very popular. The... Read More
Please correct me if I am wrong but aren't Las... Read More
Welcome to the fifth in my Texas Holdem Poker Strategy... Read More
Credit cards may be the easier way to purchase casino... Read More
Most online casinos offer three different types on Texas Hold'em... Read More
Start with Small Stakes and Play Tight, Tight, and More... Read More
Online Poker has become the greatest hit in the online... Read More
The origin of Blackjack is somewhat unclear. Some people believe... Read More
Pyramid Solitaire is a fun solitaire game, with a very... Read More
Coin in - spin - hold your breath......Watch those symbols.....Will... Read More
If you're new to Texas Holdem poker this article will... Read More
Dice games are the oldest and one of the simplest... Read More
There are three very important things that you should have... Read More
Learning to play the game of casino Blackjack reasonably well... Read More
There's no secret that poker is taking the world by... Read More
I want to continue on the subject that I have... Read More
When you play poker online, you have options available that... Read More
Quit as soon as you are in front for the... Read More
Texas holdem poker is one of the few online casino... Read More
After being in sports betting for about 23 years you... Read More
Before I begin to describe how we prepared for and... Read More
It was a Sunday afternoon. My friend Kurt and I... Read More
I decided to start a series about how to learn... Read More
Its really not that big of a stretch of the... Read More
Pssst...! Wanna know a secret?How about the secret of converting... Read More
Texas holdem is taking over the world, but believe it... Read More
Online poker freerolls are a unique breed amongst poker tournaments... Read More
The coming age has brought with it numerous new pathological... Read More
Casino & Gambling |