How to Approach Your First Live Poker Tournament
He mentions a buy-in. I assume that is money to join in. Is this your only outlay? Can someone tell me in a reasonable amount of detail what happens? How is the winner decided? It has a list of all the tournaments with the buy-in. Some have re-buys and add-ons. They will tell you the structure of the tournament as well. Different tournaments pay out different spots. Usually the top 3. The simplest situation is that you buy-in for a certain amount, part of which goes into a prize pool, part of which goes to the dealers, and part goes to the house.
You get a stack of "play money" chips. You play poker until one person has all the chips. The prize pool is divided among the last few players with chips. Often the last few players will create a deal to split the prize pool rather than play it out. The tournament director will often help come up with a fair split.
Many tournaments have a bonus buy-in. As you might imagine, just about everybody takes the bonus. Many tournaments allow players who are knocked out early in the tournament to repay the entry fee and start over.
Re-buys change the atmosphere, as many players will be super-aggressive early on knowing they can just buy back in. I prefer tournaments without re-buys, but will play in those with one re-buy. If you are one of the lucky few who win money, you will be asked to tip the dealers. All will be explained as it goes along.
If you do have specific questions, ask. That website, while excellent, might be more confusing than helpful to someone who has no idea how a tournament works. You sign up in advance and pay a fixed entry fee buy-in. That is the only money you have to risk. Tournaments vary in size from one table 10 people to multiple tables.
When the tournament starts, each player receives the same number of chips. The amount of chips is not related to the size of the entry fee and the chips do not represent real money. They are simply a way of keeping score. You play until you run out of chips. Only the eventual winner and usually the last few finishers depending on the size and structure of the tournament will win prize money.
The nice thing about a tournament is that your risk is limited to your buy-in. Some tournaments have "re-buys" and "add-ons" that complicate things, but I would advise beginners to avoid those tournaments. Do I bet with my own money or do I just get given a pile of chips? If there are loads of players, how are they whittled down?
I appreciate everywhere will be different but there must be common elements. Seems like a good, fun way to play without worrying about money.
And will give my OH something to do while I go shopping! There are a number of different types of games available in Vegas. At a high level you have tournaments and cash games:. Tournaments - Tournaments are advertised at each casinos poker room.
This gives you a stack of chips equal to everyone elses. The chips have a fictional value i. Often they give you four types of chips worth 25, , and Nothing, as I say its fictional. Re-buys, add-ons and Late Entry - Some tournements not all allow one of more of these. I will explain each below:.
This is usually used when a player loses and wants to continue playing. This simply allows any players who are left in the game to buy some extra chips for a fixed fee.
Late Entry - Late entry basically allows new players to join the tournament once it has started. Winning - Finally, you asked who wins. Well this depends on a number of things such as how many people played to start with and the format of the tournament. But usually the last two or three players get paid. Multi-table - Multi-table is a tournament with more than 11 players and therefore requires more than one poker table. As players get knocked out, the remaining players move tables to reduce the number of tables begin used.
Eventually the tournament ends up on one table once only 11 players are left. Cash Games - Cash games are exactly that, you play with chips which represent your money i.
If you run out of chips you just buy more. This can get expensive! Unlike tournaments you can join and leave the game at anytime. Let me add that, honestly, if you are asking these basic questions about a tourney, that it might not be the best idea for you forgive me, oh poker lord, for tapping the glass. Tourney poker is quite different from a cash game.
Thus, for the first hour or so, you can play tight agressive poker i. Also, hand values post-flop in tourney play are quite different than those in cash game play. A good tourney to play to try it out would be at the Sahara or at Planet Hollywood. Those rooms small buy in tourneys can give you a taste. This topic has been closed to new posts due to inactivity. We remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason.
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