Tournaments
is different from simple holdem. The beauty of tournaments is
that you can win huge prizes, by only betting a small amount
of money. this section introduces you to Tournaments basics. |
Each tournament
has a buy-in as well as a fee. The buy-in is put
into the prize pool, while the fee is kept by the tournament
organizers. The prize pool is the product of the buy-in and
the number of participants in a tournament. Like 150 $ buy in
tournament with 1,000 players will have Prize Pool of $150,000.
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This Prize
Pool money will then be paid out according to tournament
payout structure. In our example the top 120 people will
be paid, with the winner receiving $31,500. Finishing amongst
the ranks that are being paid is called "finishing in the
money". |
Once the tournament
starts, and all players have been seated, each player gets the
same amount of starting chips. Then each player is dealt a card,
and the one with the highest card starts the game off as the
dealer. This is called "high-carding for the dealer
button". Once the tournament starts, the aim is to
amass as many chips as possible. Players, who have lost all
their chips, are out of the tournament. As time progresses,
fewer and fewer players are left in the tournament until only
one person remains; the tournament winner.
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| There are
two formats of tournaments: |
- Single Table Tournaments
- These tournaments are limited to one table of 10 players.
- Multi Table Tournaments
- In these tournaments many players participate. Several
tables start off simultaneously. As players get kicked out
of the tournament and there are fewer players, tables are
combined so that there are fewer and fewer tables until
there is only one table left. These tournaments are often
called "collapsible tournaments" as multiple
tables are collapsed into one.
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| Some Sites offers two types of tournaments |
- Scheduled tournaments -
these tournaments have a fixed
starting time and are pre-announced.
If you want to participate
in those tournaments you will
have to register before the
close of registration (this
varies form tournament to
tournament, but is always
announced in the lobby.) You
have to visit respective site
for tournaments schedule.
- Sit & Go Tournaments
- these tournaments are available 24/7. They start as soon
as enough players have sat down at a table.
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