Mon, 09/05/2011 – 10:23 – PokerPages Staff
While browsing through the list of poker games at PokerStars, a beginner poker player will see many tournaments. Although various aspects of tournaments will differ dependent on special poker rules or circumstances, the basic principles remain the same.
Buy-In
Each tournament will have a buy-in amount advertised. Buy-ins are types of poker bets that you use to enter tournaments, and purchase the stack of chips you are given to bet with during the hands of poker. The chipstack you have in front of you has no monetary value outside of the poker tables. Prize money for the tournament will be amassed from the buy-ins of all players entering. If a tournament is billed at being $5/$.50, it means that you pay $5 into the prize pot, and $.50 goes to the “house”.
Single or Multi Table Tournament
As your chips have no monetary value, you play until you either run out of chips, or you run out of opponents. You cannot ‘walk away’ from tournament play without forfeiting all of your chips. Single table tournaments consist of one table, and the last player left wins the jackpot. There may be prizes for other players, depending on the tournament rules. Multi-table tournaments can carry on for a long time, with multiple tables running in tandem. As players are eliminated, the tables consolidate until you are down to the last table, where the winner will be found.
The Bubble
In tournament play, the bubble is the name given to the time when all players left are guaranteed a prize. This will only be calculated when the total number of players has been determined, and the prize structure confirmed.
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Thu, 07/28/2011 – 11:22 – PokerPages Staff
Looking at the various rooms on offer at PokerStars,beginning poker players will notice that in addition to the various variations of poker available, there are two ways to play the game, in tournaments, and cash ring game tables. The main difference to these methods of play is to do with the way you stake your money, and the prizes you can win.
Cash Ring Games
A cash ring game is the sort of game you may find played in a room at a party, and it’s certainly what you will have played if you’ve sat down at a poker table after just walking into a casino. Cash ring games consist of players staking their own money for each bet, and winning real money for each hand that they win. The risks and rewards are higher for this type of poker, as the stakes can become high.
Tournament Play
In tournament play, rather than betting with your own money, an entry fee, known as a buy-in is paid. This buy-in purchases a stack of chips that you use to bet in play. These chips have no monetary value, and you play until you either run out of chips or opponents. Players cannot walk away and cash in their chips in tournament play. Usually the number of players who cash in a tournament is predetermined, and is based on how many players have entered. In some tournaments, players battle it out for massive sums of money, like in the WSOP Main Event, where players can earn multi-million dollar prizes for a $10,000 buy-in.
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