| GUIDE TO
TOURNAMENT POKER
In case we don’t all know what a tournament
is, it is a poker match where you are eliminated when
you lose all of your custom poker chip stack. So it
is just like a cash game except you can’t re-buy
another custom poker chip stack? Sadly no, the blinds
and antes increase periodically throughout the poker
game. This forces poker players to gamble their custom
poker chip stack, rather than sitting back and waiting
for pocket aces!
The poker tournament doesn’t stop until just
one poker player has a custom poker chip stack comprising
all the poker chips used in the tournament (i.e. every
other poker players’ poker chips make up his
custom poker chip stack). The prize money is usually
shared out between the top 10 places. If there were
100 players and the buy-in amount was $10, the total
prize money is $1000. First place usually takes 35%,
second place usually gets 20%, third gets 10% and
the remaining seven players get 5% each (so $350,
$200, $100 and $50 respectively).
Playing in a poker tournament is very different to
playing in a normal cash-game. You really have to
adapt your poker gambling and gaming strategy to accommodate
for this new type of play. Hopefully with our advice
and top tips you will be playing at the World Series
of Poker and the World Poker Tour in the months to
come (probably not with your custom poker chip stack
though!).
Our first vital piece of advice is to avoid drawing
hands. In normal cash-games you can go all-in on a
flush or straight draw if you have good positioning.
You know that in the long-run this is the right play
to make (if you initially raise and have good positioning).
If it doesn’t pay off in the short term, you
can re-buy and forget about it! In a tournament, you
stand to lose your entire custom poker chip stack
on a draw. Why would you risk being knocked out of
the tournament when you could do so much damage with
that huge custom poker chip stack later on in the
poker game? Essentially, it is very black and white
in a tournament; you must either have the nuts or
you must bluff and be confident you can win with the
bluff. I have lost a drawing poker hand six times
in a row once but re-bought as I knew I was playing
well. This would equate to six tournament defeats.
Surely that is not a price worth paying?
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