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How to play Poker Tournaments

  • In a standard tournament format, all players enter for the same amount of money which also carries a fee which the entity running the tournament keeps.
  • For example, a no limit hold’em tournament that has a Rs. 50 entry cost plus a Rs. 5 fee to play. Once you post the Rs. 55, Rs. 50 of that goes into the prize pool and the other Rs. 5 is the fee to run the tournament, you may get Rs. 2,000 in tournament chips. The blinds start at Rs. 10 and Rs. 20 and will increase every twenty minutes.
  • Remember that the values of the chips used in a tournament are only relevant to the tournament itself.
  • You may have the more chips than anyone else after an hour, but you can’t walk away and exchange the chips for real money.
  • The chips only relate to your positions in the tournament, and to get paid you must finish in the positions that get paid.
  • For example, if a tournament plays the top 10 players out of 100, then you’ll get nothing for finishing 11th-100th. You might have the most chips with 50 players left, but it doesn’t count for anything unless you make the top 10.

Know more Tournaments Schedule

TOURNAMENT TERMS AND KEYWORDS:

Buyin:

  • The entry fee for a tournament.
  • Buy-in is the fee (usually cash or vip points,tournament tickets,freeroll tournament money (TM) based on the format, every player pays to play at a poker tournament.
  • Including both the portion designated for the prize pool and the portion designated as compensation for the house or tournament organizers.
  • These fee is put into the prize pool to pay the tournament winners.

Poker Chips

  • Once the registration completed by paying the entry fee, initial designated money allotted for players to start the tournament is known as chips.
  • For example: Rs. 20 for 2000 chips, Rs. 49 for 5000 chips put in the info option (you can't leave the table and redeem this tournament chips).

Late registration:

  • The time period given for the non-registered players after the tournament starts is known as late registration.
  • The players can register with the same buy-in fee and same starting chips to play.

Ante:

  • A small portion of a bet contributed by each player to seed the pot at the beginning of a hand in a tourneys
  • In cash games don’t have an ANTE, but we use BLINDS for initial pot seed.

In cash games don’t have an ANTE, but we use BLINDS for initial pot seed.

  • Ante is a automatic force bet that everyone in the game must make in order to stay at the table to play the tournament, which is consider to be a tournament room fee.
  • Blinds are bets that only one or two players are forced to make, usually a small blind and a big blind, the small blind at half the big blind.

Seating:

  • Once the tournament starts at its actual time the seat for the registered players allotted automatically is known as seating.
  • Most probably the table seat is 2max ,9max or 6max seating for tournaments format,so the players seat allotted in this seatings according to the registered position.

Re-seating:

  • Reseating is fulfilling the empty seats automatically, while playing the tournament.
  • These situations arise when players bust out of the tournament and assume that the tables don’t have the same number of players seating at them. If table no. 1 has two, or more players more than table no. 2, a random player has to move from table no. 1 to table no. 2. But it doesn't indicate which players will be re-seated.

Time bank:

  • Time bank is a request for more time to decide whether to check, bet, or fold when faced with a difficult decision.
  • Time bank has two formats either you click to start time bank or the time bank activated automatically if you not give any action.
  • The time bank is usually 30,60,90,120 sec and above based on the length of the tournaments.
  • If you fails to act within the allotted time given to you,your hand is checked (if no one has bet), or folded (if someone has already bet) and turn to SITOUT.
  • And the next players start act after you, you can back to position by using the option called SIT-IN which is a button shown in your table.

Rebuy:

  • This tournament format allows you to buy-in again if you lose all your chips. Depending on the format, you may be able to rebuy as many times as you wish, normally within a predetermined time limit, such as an one or two hours.
  • The rebuy amount should be the same amount as the original buy-in amount.
  • Players who rebuy should get the same amount of chips as they received in the beginning of the game.
  • Rebuy can be limited and unlimited rebuys based on the tournament format.

Rebuy period:

  • The predetermined time limit in which the players can rebuy and continue to play again, once he busts out in a game, that is considered a rebuy period.
  • The rebuy period is always same as a late registration period because the both have the same time limit.

1st Break:

  • Once the rebuy period ends the time interval for the players, frankly said,the warning info for the players that the rebuy and late registration is over. is known as 1st break.

Addon:

  • additional chips that may be purchased to “add-on” to your stack, usually at the end of the re-buy period, though some tourneys allow add-ons earlier. (e.g. Rs. 20 for 2000 chips addon, Rs. 49 for 5000 chips addon).
  • The addon fee is same as buy-in fee always
  • The addon purchase is not mandatory for all current players,the player who wish to get more stake can addon by purchasing with same buyin fee amount

2nd break:

  • Second break is not most common one,this break is based on the tournament prize pool and length,
  • Once the tournament going for a long time second break can be arrive.
  • But there is not addon or anything for this break.

Muck & Show:

  • Muck is a option to not show the cards you hold, if you don’t want to show your cards to your opponent during showdown you can use muck option which is shown on the table.
  • Muck option will not valid when 2 or more players go allin.
  • Show option is opposite to muck, if you want to show your cards to your opponent you can use this.

Auto muck:

  • Auto muck is a option button use to muck automatically or else you need to click show or muck every hand.

Sitout next hand:

  • Sitout next hand is option for you to give temporary rest from tables.
  • Once you click this option in the middle of the hand, at that hand end you are turn into sitout mode, where all your hole cards automatically folds, but you are able to play the hand when you back to game (sit in option).
  • In this mode the blinds and ante taken automatically, once you Sit-in again you can start to play your hand in the middle of the round.

Cash Games vs. Tournament Poker

  • Cash games are played on one table. Tournaments can be played on one table but can also consist of multiple tables.
  • In cash games players exchange money for chips, and there is usually a minimum and maximum buy-in amount, depending on the stakes. In tournaments, players buy-in for the same amount and are all usually given the same amount of tournament chips.
  • A player has the option to quit a cash game at anytime, and can then exchange any chips for cash by withdrawal, but in tournaments it end when there is one winner who has all the chips. Players are paid based on where they finished in the tournament.
  • In Real cash games the blinds stay the same for each hand, depending on the stakes (e.g. 100/200). In tournaments the cost of the blinds varies (e.g. increase every 15 mins or time level according to the tournament format).
  • If you lose your chips/money in a cash game then you may buy-in again and continue playing. If you lose all your chips in a tournament, you’re done and are out of the game (unless you rebuy).
  • In cash games you can use rebuy when your stake seems to be low but not reach to zero, but in cash games you can rebuy once you bust out all your starting chips.

Rebuy Tournaments:

  • Rebuy tournament format – if you lose all of your chips, you’re done and are out of the tournament.
  • But, in a rebuy tournament. The tournament format allows you to buy-in again if you lose all your chips. Depending on the format, you may be able to rebuy as many times as you wish, normally within a predetermined time limit based upon the format.
  • Many of these tournaments also offer what is termed an “add-on” which is just the ability to purchase additional chips, until a certain point such as before the first break.
  • These players play significantly until the rebuy period expires. Once the rebuy period is over the tournament becomes a freeze out with no further chips added to play.
  • After the first break the tournament goes as usual till second break or end of the tournaments (based on the prize pool).
  • Finally the result declared and prize distributed among the players as per the tournament format.

Guaranteed Tournaments:

  • Guaranteed poker tournaments usually have a guaranteed prize pool, for example 2L guaranteed.
  • Some rooms make add-ons applicable, so there is a possibility to buy chips (unlimited buy before 1st break; one buy during 2nd break no matter how many chips the player has).
  • The money for add-ons goes to the prize pool, so if there are more buy-ins than guaranteed prize pool, the total money pool increases according to the add-ons amount.
  • Most of the players like this kind of tournaments because the prize pool increases from the starting prize pool.

Freeroll tournaments:

  • The term freerolls describes an online poker tournament where you are given the chance to enter without having to pay an entry fee.
  • While you basically don’t need to pay any money to play these tournaments, the majority of online poker sites will give you access to freerolls the moment you make a deposit (for the new depositors freerolls, facebook share ticket freeroll) or by using the VIP points you have earned playing poker for real money.
  • The majority of the freerolls are the ones where you must pay with VIP points, which are given out based on the total amount of rake that you have contributed to the poker room.

Freeroll Poker Tournaments Advantages:

  • It’s 100% Free with huge prize pools available, the number one benefit that the freeroll poker tournaments hold is the fact that they are free.
  • This means that you don’t have to pay or risk any of your money in order to be part of these poker tournaments.

Freeze Outs tournaments:

  • A freeze out refers to any tournament format in which you cannot rebuy or add to your chip stack – aside from winning pots
  • The cost of entry and the amount of starting chips is set in advance as explained above. If you lose all your chips, you’re out.