Poker Tournament Basics: How A Tourney Works
A poker tournament is a game where the winnings are used as
points, where the players play by specific rules and one, two or
three player get to actually win money in the end. The number of
winners and the rules are specific to every tournament and they
are made public before the enrolment for the tournament begins.
Every one who wants to enter the tournament pays a fee, the same
amount of money that is to be used as the bankroll of every
player for that specific tournament, and it is called the buy-in
.Next to the buy in the casino, online or offline, will take
itself a fee from all players called the entrance fee, fee used
to sustain and entertain the tournament. Let's say the buy-in is
$300, and then the casino might take an extra $30, so in order
to enter that tournament you will have to give the house a total
amount of $330. All the money gathered fro the buy-ins is
collected for the prize fund and it will be the buy-in
multiplied by the number of players. If in our example if it is
a tournament with 200 players, then the total prize will be of
$60.000. Players can be paid for their games only after the
tournament is over and only if they qualify among the top
players. Usually there is a price for every top 10 player, but
this depends on the casino and tournament too. The prices are
announced before and they are calculated as percepts from the
price pool gathered. For example 40% first price, 30% second,
10% third, 8% fourth, 7% fifth and 5% sixth for a tournament in
which the top 6 players receive prices.
In a tournament all players start out with the same amount of
chips. It is usually played at different tables, splitting up
the players equally and from that on every player will leave the
tournament as soon as he or she goes broke. A tournament can be
fast or slow, depending on the skill and chips amount the
players start with. Professional players prefer tournaments that
are slow so they have time to weight their decisions, to observe
their opponents and to play a while before growing that enormous
stack that will make them gamble too much. Poker tournaments are
played until one player collects all the chips that were in the
game.
To be first depends not only on your poker skill, but on your
luck also. To be in the first ten is a clear statement that you
definitely are a threat for any poker player of that level.
About the author:
To read up on your favorite professional poker players including
Annie
Duke and Phil
Ivey, visit http://www.poker-player-profiles.com/ today.
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