![]() ![]() Typically, around 10-20 percent of the players enrolled in a tournament will win some money, with those lasting the longest getting the most. This is very different to how it works in a cash game. Whether or not you win any money depends on how long you last in the tournament, and specifically whether you’re able to play on until the prizes start being handed out. They are simply tokens with which you play the game. In tournament poker, once the buy-in has been paid, chips have no cash value anymore. This player will also win the biggest prize. When all the players except one have been eliminated, the last player will have all the chips in the game and will be the champion. When you lose your last chip, you’re knocked out. When a player wins chips, he or she adds them to his or her stack when the player loses them, the chips go elsewhere. At the start of a multi-table poker tournament (MTT), players exchange a set amount of money (the “ buy-in“) for a set amount of chips (the “ starting stack“), with which they then play hand after hand of poker. ![]() There are slight variations in structure too.īut that central essence is always the same: the player who gets all the chips wins.īreaking it down slightly, here’s a more detailed explanation. They have many differing numbers of players and offer a great variety of prizes. There are many different tournament types, which take place live and online across the world, including many major tournaments on PokerStars. In its most basic terms, a poker tournament works as follows: the player who gets all the chips wins. ![]()
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