Traditional land-based tournaments have always been favored by poker players, yet in recent years there is no doubt that the real poker action takes place in the online poker tournaments held by the variety of online poker rooms. Before you make your choice of an online poker tournament, it is important that you know everything there is to know about tournaments of poker online:
Just like in a regular poker tournament, all the players begin the poker game with the same amount of chips, and the game continues up until the point that only one poker player has remaining chips, the winner of the particular poker game and tournament.
In order to make sure that the poker tournament will be concluded after a reasonable amount of time, the antes or blinds are gradually incremented, making the poker players think twice before they continue.
Usually the winner does not take it all and the online poker room divides the prize pool between the top positions, and the winner gets to pick the biggest share.
Poker Tournaments can be about ten people in one table or thousands of players in multiple tables, they can be about Texas poker or 7 card stud but the types of poker tournaments are usually fixed and they are as follows:
Sit n’ Go Tournaments: These tournaments of poker online, as their name implies, begin as soon as enough players, usually 9 or 10, have assembled around the table.
Multi-Table Tournaments (MTT): These poker tournaments are scheduled for a predetermined time and involve hundreds and sometimes thousands of people playing Texas Holdem or Omaha poker at various tables.
Knockout Tournaments: This type of poker involves two online poker players with the same amount of chips. The one who cleans out the other’s poker chips will be the winner.
Satellites: This poker online tournament is different from the rest in that the first prize is not only money, but a buy-in to another poker tournament. This prize usually includes a package of plain ticket, hotel and spending money besides the desired buy-in to that poker tournament. The idea behind this type of tournaments is to give good players the chance to participate in a big poker tournament which they probably cannot afford otherwise.
Re-Buys: Once your chips run out in this kind of poker tournament, you can purchase more chips. You can make a limited or unlimited number of purchases depending on the establishment or online poker room you play in.
Freezeouts: Once your chips run out in this type of poker tournament, you have no choice but to withdraw from the race to the prizes since no re-buys are allowed here.
Now that you are familiar with the different types of online poker tournaments, keep in mind two very important things:
First, avoid risky calls. Think about every bet you make while you play poker. Don’t forget that if you move to quickly you might find yourself out of the tournament. Be patient and make your moves wisely, it’s worth it in the long run.
Second, don’t waste all your money in the first few rounds of the poker tournament. Keep a tight control on your budget, and on the rising blinds. Keep your bets relative to the rise of the tournaments: low blinds – low bets and vice versa.