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How online poker tournaments work?
I think I'm now good enough to join tournaments. How do online poker tournaments work?
Answers( 1 )
It is true that the rules for online poker tournaments and cash games are pretty much the same. However, there are still some major differences between the two. When you go online and join tournaments, you will get the same number of chips as other players. Needless to say, there is an equal level of playing field for all the players. If you want to take home the top prize, you have to be the last player standing. Below are some of the important things you have to know about online poker tournaments:
• There are buy-ins in online poker tournaments and the amount can range from freerolls to hundreds of thousands. The online poker site gets part of the buy-in. You will see that most online poker tournaments are labelled as £X+£Y where X (the much bigger amount) goes to the prize pool and Y goes to the poker operator.
• You will encounter different types of online poker tournaments. Players who only have an hour or two to spare typically play sit and go's (SNGs). These tables usually do not have a fixed schedule and they start when they have enough players. On the other hand, players have to review the schedule if they want to check out the multi-table tournaments (MTTs) because these tables typically have a set time. When you enter MTTs online, you will randomly be placed at a table.
• An equal number of chips are given to all players who join unless the tournament features re-buys and add-ons.
• Online poker tournaments work similarly like cash games. After the players have posted their blinds, antes, etc., each of them will be dealt their cards. The game will start and they will play following the poker variation's rules.
• The goal of a player is to win as many chips as possible. If you lose all your chips, you will be out of the tournament.
• As more and more players lose and get removed from the tournament, the tables will be combined. Consequently, players get shuffled and they compete with players from other tables.
• The last player standing wins the top prize. Remember that a big percentage of the buy-in goes into the prize pool. So, if there are 500 players and the buy-in is £100, the prize pool will be worth £50,000.
• It is worth mentioning that the winner does not necessarily take home the entire prize pool. Instead, the prize is distributed among the top players with the winner taking home the biggest share.
Those are pretty much the vital information you need to know about online poker tournaments. If you are ready to start joining tournaments, read the article below so you can wisely choose the right online tournament for you: