HUGE BLUFF In High Stakes Poker Cash Game
The two main formats of playing poker are cash games and tournament play.
In tournaments, players buy-in for the same amount and are all usually given the same amount of tournament chips.
Tournaments end when there is one winner who has all the chips.
Players are paid based on where they finished in the tournament.
In tournaments the cost of the blinds escalates e.
Clearly there are some poker cash game career differences between cash games and tournament poker.
Cash Games This is the format where most players are first introduced to poker, many times played around the kitchen table.
As the name implies it is played for cash not matchsticks, coupons, or any other medium other than cold, hard cash.
This type game is played regularly all around the world in homes, clubs, lodges, casinos, cardrooms and on the internet.
Depending upon the stakes of the game there is normally a minimum buy in to get started.
Many times in no limit play there is also a maximum buy in as well.
This is actually a form of protection for the players.
No-limit or pot-limit cash games generally require a buy-in of 20 to 100 big blinds.
Fixed limit tables usually require at least 10 times the small bet.
The buy-in amounts will vary from venue to venue — as will the stakes.
There are real money cash games to suit all budgets, particularly if you play online.
In online poker the stakes are nearly always grouped into different levels such as micro stakes, low stakes, medium stakes, and high stakes.
With the advent of online poker short-handed play has become very popular.
Short-handed means check this out tables are usually limited to a maximum of six players.
These games have developed a large fan base because they are action packed.
Players get to play more hands than in a full game and play their hands more aggressively.
This is due primarily to the fact that strategically one cannot just sit back and wait for premium cards as the blinds come around much more quickly.
Tournament Poker 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.
This format is how the attrition of players whittles the number of starting players down to the eventual winners.
First place might be in the neighbourhood of 30 to 50 percent of the total prize pool, with less for second, third, forth, and so on.
This example is meant to demonstrate how a tournament can work, not to state as fact how they all work.
The number of your starting chips, beginning blind levels, the length of time at each blind level and the prize pool distribution is at the discretion of the tournament organizer and can vary significantly.
Always make sure you understand just what is being offered for poker cash game career tournament dollar.
Remember that the values of the chips used in a tournament are only relevant to the tournament itself.
The chips only related to your position in the tournament, and to get paid you must finish in the positions that get paid.
Freeze Outs 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.
Freeze outs are the antithesis of rebuy tournaments, which are explained next.
Well, not so in a rebuy tournament.
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 hour or two.
This format changes much of the normal strategy of tournament play as the participants are not as fearful of being busted out since they can rebuy.
These players play significantly looser until the rebuy period expires.
Once the rebuy period is over the tournament becomes a freeze out with no further chips added to play.
Satellites offer a potentially cheap way of gaining entry into high buy-in tournaments.
There are also satellites which win you a seat into another satellite, and so on.
If you play online poker you will notice complete sections for satellite tournaments, for all sorts of events, such as the WSOP, WPT, and other special events and high buy-in tournaments.
They are played both one table as well as multiple tables.
The name comes from the fact consider, atlantic city casino poker tournament schedule share to sign up all you need do is sit down.
The tournament starts when the last player who will complete the table sits down.
Conclusion There are many forms this intriguing game of poker can take.
Some poker cash game career prefer the challenge of playing cash games, and others prefer the buzz of playing in poker tournaments.
It really comes down to personal preference, so you should decide for yourself if you prefer cash games or poker tournaments.
Many of the poker lessons on Pokerology are applicable to both formats but we also have separate lessons devoted to cash games and tournament strategies.
By following all the lessons here on Pokerology you should become skilled in both disciplines.
By Tom has been writing about poker since 1994 and has played across the USA for over 40 years, playing every game in almost every card room in Atlantic City, California and Las Vegas.
Some prefer the challenge of playing cash games, while others prefer the buzz of playing tournaments.
Tom "TIME" Leonard 4.
In a standard tournament, players have the option to quit the game at anytime and poker cash game career then exchange any chips for cold, hard, cash.
What type of tournament format allows players to purchase additional chips if they require them?
Rebuy Chip up Freezeout 9.
There is often a maximum buy-in amount in for no-limit hold'em cash games.
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Official website of the World Series of Poker Tournament. Featuring poker tournament coverage of events, schedules and news. Play online poker games like the WSOP pros.
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