Question about poker tournaments

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I just recently started playing poker online again. I have never played in a tournament. Can someone please explain how it works. What is the typical buy-in, how often are they etc.
 

Another Day, Another Dollar
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My experience has been to stay more with the limit tables than tourneys. Tourneys are fun, but seem to be less value for me.

Good luck
 

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Hears an example of now it works at partypoker
10 players you buy in for $30 plus $3 for the house so your putting up $33

1st pays pays $150
2nd pays $90
3rd pays $60
You have they have tournaments 24/7 range fromm $100 buy in all the way down to $5 +1 games
 

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I tell you another thing also..There are some very bad players in the $30 ones.
You can't make much money...but it is fun and a good way too kill some time and i LMAO at the way some of them play.
GL
 

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Another thing to know..After every round the binds go up.
Start out 15/30-then 30/60 then-50/100 -then 100/200
You start out with 800 chips
 

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peteep you will like the tourneys...they have as low as 5$ ones....but 20$ is a good size with a good pot split between the 1,2,3 places
 

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Peteep one piece of advice if your in one with Dante RUN Fish says he is a card shark
icon_biggrin.gif
and Peteep you got mail
 

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I have played in tournaments for 15 years.

Personally find them much better for me as I have shown a long term profit, whereas in LIVE action I am down lifetime.

Remember, a NO LIMIT HOLD'EM tournament will have a completely different strategy then a LIVE STRUCTURED game because one, it is NO LIMIT and two, it is a tournament.

But for you personally and others, one of the biggest advantages you will have if you shop for the right tournament versuses live play is the less house advantage.

A normal live game may have as much as a 10% rake from the pot, which is HUGE to overcome unless you are a VERY talented player.

On the other hand, it is not uncommon where you can find tournamets with only a 5% take of the entry fees and sometimes find them with 100% payback and MORE!! This fact alone should set you out and about to look for these tournaments.

GOOD LUCK
 

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My problem with tournaments is that your effective stakes go from being diddly-shlt at the beginning to humongous at the end. So compared to the cash game you have a very small EV at the beginning and are overbetting your bankroll at the end. Still, I play them because there is a beginning and an end and it's a struggle for survival. That's what makes 'em fun for me.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by mvbski:
Peteep one piece of advice if your in one with Dante RUN Fish says he is a card shark
icon_biggrin.gif
and Peteep you got mail<HR></BLOCKQUOTE>


LMFAO MV
icon_wink.gif
applaudit.gif
peteep..MV is a poker KING
bowdown.gif
 

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might be cool to see if maybe we could put together a RX tournament you could have bragging rights for a whole year, I make Dante a early -200 fav to win it all
icon_biggrin.gif
 
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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>it's a struggle for survival <HR></BLOCKQUOTE>

The best facet of tournaments,
you can't really put a hurting on anyone in a limit game, you can to some degree in a no limit and pot limit games, but still they can just dig out more $$$. Tournaments being at 0=being on the sidelines.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Sodium Pentethol V:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>it's a struggle for survival <HR></BLOCKQUOTE>

The best facet of tournaments,
you can't really put a hurting on anyone in a limit game, you can to some degree in a no limit and pot limit games, but still they can just dig out more $$$. Tournaments being at 0=being on the sidelines.<HR></BLOCKQUOTE>

I think that is the worst part about tourneys...they reward short term luck. There is certainly skill involved but the bottom line is that due to the blind escalation (and its speed) you need to hit cards.

In a ring game seeing a guy go bust and pull out more cash is a good thing assuming he is a worse player than you. As far as I'm concerned, if I'm winning (or losing) seeing a poor player go to the pocket is a welcome sight. I'd roll up an ATM next to him if I could.
 

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Thanks for all the replies. I will have to try one out! How long does a tourney usually last?
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by peteep:
Thanks for all the replies. I will have to try one out! How long does a tourney usually last?<HR></BLOCKQUOTE>

Like all things in poker...it depends...

The 1 table 10 people tourneys at Party last between 45min - 1 hour

I played a 1300+ player multi player NL tourney where the winner...me
icon_biggrin.gif
was crowned after 6-7 hours.

I say if you play in any tourney with more than a couple of hundred you should budget >3 hours.
 

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