Understanding The Logistics of Poker Tournaments

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

---

Google News Updated : Sat, 11 Oct 2008 11:50:43 GMT Morgan Stanley, Goldman May Gain Investment From US Treasury - Bloomberg Wall Street Journal Blogs Morgan Stanley, Goldman May Gain Investment From US Treasury Bloomberg - 7 hours ago By Christine Harper Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc., the biggest independent US investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson's plan to buy stakes in financial institutions, ... As Stock Falls, Morgan Looks to Japanese Bank New York Times Morgan Stanley hangs on Mitsubishi's $9bn pledge guardian.co.uk Forbes - New York Post - New York Times Blogs - Barron's all 895 news articles Publ.Date : Sat, 11 Oct 2008 04:30:39 GMT Stevens's Reputation 'Sterling,' Powell Says - Washington Post Washington Post Stevens's Reputation 'Sterling,' Powell Says Washington Post - 8 hours ago By Del Quentin Wilber Former secretary of state Colin L. Powell told jurors in the corruption trial of Sen. Ted Stevens yesterday that the powerful Alaska Republican had a "sterling" reputation among the nation's military and political leaders. Reporter's Notebook: Powell Takes the Stand for Stevens FOXNews Powell says Sen. Stevens' integrity "sterling" Reuters CNN - Kansas City infoZine - The Miami Herald - ABC News all 2,865 news articles Publ.Date : Sat, 11 Oct 2008 03:13:53 GMT Thai protest leaders released on bail, vow new rallies - AFP GulfNews Thai protest leaders released on bail, vow new rallies AFP - 20 hours ago BANGKOK (AFP) - Leaders of Thai anti-government protests were granted bail Friday after surrendering to police and immediately vowed new rallies, raising fears of mounting turmoil days after deadly street clashes. Video: Raw Video: Tear Gas Fired at Thai Protestors AssociatedPress PAD leaders surrender to Thailand police United Press International The Associated Press - Washington Post - New York Times - International Herald Tribune all 2,495 news articles Publ.Date : Fri, 10 Oct 2008 15:31:03 GMT McCain calms supporters, urges respect for Obama - Los Angeles Times The Associated Press McCain calms supporters, urges respect for Obama Los Angeles Times - 2 hours ago 'NO MA'AM': Sen. John McCain takes a question from a supporter who called Democratic rival Barack Obama an Arab at a town hall meeting in Lakeville, Minn. McCain-Palin's hot rhetoric risks GOP backlash San Francisco Chronicle McCain Lauds and Attacks Obama in Same Day New York Times Boston Globe - Washington Post - Minneapolis Star Tribune - Reuters all 460 news articles Publ.Date : Sat, 11 Oct 2008 09:04:20 GMT Mugabe Hands Ministries to His Party - New York Times Voice of America Mugabe Hands Ministries to His Party New York Times - 52 minutes ago By CELIA DUGGER JOHANNESBURG - In a step likely to lead to the collapse of a painstakingly negotiated power-sharing deal, Zimbabwe's Robert Mugabe, in office for 28 years, has unilaterally declared that his party will retain the most powerful ... Mugabe 'gives Zanu-PF key posts' BBC News Zimbabwe's Mugabe hands key ministries to his party Reuters United Press International - AFP - Aljazeera.net - The Associated Press all 1,687 news articles Publ.Date : Sat, 11 Oct 2008 10:57:49 GMT Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg Ottawa Citizen Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' Bloomberg - 7 hours ago By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile. US to buy shares in struggling banks Los Angeles Times Obama welcomes Paulson plan to buy equity in firms Reuters MarketWatch - International Herald Tribune - Bizjournals.com - Washington Post all 2,114 news articles Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT Palin violated ethics law, inquiry concludes - International Herald Tribune Washington Post Palin violated ethics law, inquiry concludes International Herald Tribune - 1 hour ago By Serge F. Kovaleski NEW YORK: Sarah Palin, the Republican vice-presidential candidate, abused her powers as governor of Alaska by pressuring subordinates to try to get her former brother-in-law, a state trooper, fired, according to an investigation ... Palin ethics lapse cited Los Angeles Times Alaska probe finds Palin 'abused her power' Indian Express Baltimore Sun - Boston Globe - New York Times - Reuters all 4,043 news articles Publ.Date : Sat, 11 Oct 2008 09:58:28 GMT Data Feed Content for Web Pages Amazon Associate Store

PARLOT::Ebooks, Scripts, Websites, and more...

Adsense websites

World Poker Tour -- The Beginning of a Phenomenon

World Poker Tour high stakes poker tournaments started a revolution... Read More

Introduction to Texas Holdem Strategy ? 3 Concepts

Concept #1 ? Pot OddsLong-term profits in holdem come from... Read More

Poker Online Freeroll Tournaments

Poker online freeroll tournaments are a huge way to leverage... Read More

Martingale Betting System - Are You SURE?

Very common and popular system among newbies who like roulette,... Read More

Mobile Gaming Leads the Way

The state of online gambling may have just found another... Read More

Asian Handicaps Explained

The most common way to bet on football in the... Read More

Heres Texas Hold em for Poker Lovers

Texas hold'em is the most popular of the community card... Read More

The Secrets of Basic Craps Tournaments

Pssst...! Wanna know a secret?How about the secrets of basic... Read More

The Secrets of Hop Bets

Pssst...! Wanna know a secret?How about the secrets of hop... Read More

Sports Betting Truths

The first ever recorded sports bets, took place on 10... Read More

Betting Options For Football

It is in one's best interest to know all your... Read More

Texas Holdem Tournament Strategy - Winning vs. Aggressive Players

The Texas Hold'em poker phenomenon has taken the country by... Read More

2005 AFC East Football Preview

In the AFC East I expect to see the Patriots... Read More

Online Bingo - Internet Craze

Traditional Bingo has been a popular pastime for many years... Read More

Online Poker Tournaments -- Time to get aboard

Online poker tournaments are skyrocketing in popularity due to reasons... Read More

Winning at Slots, The Best Strategies

Casino gambling is often played with a gambling strategy in... Read More

Short Hand Texas Holdem Poker

Short Hand Texas Poker refers poker games that have less... Read More

Insider Tips For Finding A Great Online Poker Room

Even though they look pretty much the same and they're... Read More

Slot Machines - Good and Bad Locations

Although no one will ever truly know where the casinos... Read More

Online Blackjack Basics

Online blackjack or "21", as it is commonly known, is... Read More

The Secrets of the Outside Numbers

Pssst...! Wanna know a secret?How about the secrets of the... Read More

Online Poker - Learn to Play for Free, and the Chance to Win Real Cash Prizes

All of the online poker rooms offer you the opportunity... Read More

The Secrets of Martingale Systems

Pssst...! Wanna know a secret?How about the secret of Martingale... Read More

How to Avoid the Common Slot Machine Playing Mistakes

Understanding how slots work is important in maximizing your gains... Read More

Senior Citizen?s Gambling Addiction On The Rise

Over the past few months there has been a significant... Read More