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Home poker tournaments are quickly replacing the standard home poker games that many has been playing for years. Texas Hold’em has become the sport of choice for many players across the country and suddenly all those crazy variations of 7 card stud have lost their appeal for individuals who prefer the challenge of a poker tournament. There are several advantages to playing in a house poker tournament.
One advantage to a house poker tournament is that it has a hard and fast cost. The players know prior to time the amount of cash that they might possibly lose. Many more recent players are willing to take a seat on the table once they know that essentially the most they are able to lose is predetermined. They give the impression of being at it as a hard and fast “entertainment” cost. Another advantage is that home poker tournaments also are a good way to introduce new players to the sport without them feeling intimidated as they might sitting down with a bunch of strangers within the card room.
Limit vs. No Limit Many players wish to hold no limit tournaments due to the excitement they see at the televised events. In a no limit tournament one mistake could knock you out. In a limit tournament players could make a mistake and it'll only cost them of venture or two. When you've got are having the tournament as a “social” event or have newer players with little experience you may also find it better to carry a limit tournament. This fashion players can last more and revel in the evening.
Price of Tournament You'll set the cost of the tournament to any amount you think that the players wish to spend. The tournaments I run are $30 and we agreed to take out five dollars per person to pay for food and soda. That is all agreed upon prior to time. You may also choose to just have everyone bring their very own beverages and snacks.
Payouts The payouts are according to a percentage of the entire prize pool. The collection of places paid is determined by the choice of players within the tournament. For 10 players we pay three spots. First place is paid 50%, second place is paid 30% and third place gets 20%. For those who had 10 players paying $25 the whole prize pool is $250 and the winners can be paid $125 for 1st: $75 for 2nd: and $50 for 3rd.
For greater than ten players we use the next break down: 11 – 20 slayers: 1st =46%: 2nd=27%: 3rd=17%: 4th=10%. 21 - 30 players: 1st =42%: 2nd = 25%: 3rd = 15%: 4th = 10%: 5th=8%. 31 - 40 players: 1st =40%: 2nd = 23%: 3rd = 13%: 4th =10%: 5th =8%. 6th= 6% You'll be able to adjust the odds from those I TAKE ADVANTAGE OF but you ought to tell the players what the payouts may be before the beginning of the tournament.
Starting Chips Each player starts the tournament with $2,000 in chips. We only use three colors; Green, Black and Red. In case your set of poker chips has different colors that’s fine but it surely is healthier to maintain it the similar whenever. Players start with 8 green chips, 8 black chips and a couple of red chips which totals 2,000.
Green = $25 Black = $100 Red = $500
Structure Below is the structure we use for a Limit tournament. Note that in the primary around the small and large blinds are the similar. We do that so we don’t need to use smaller denomination chips. If you need the sport to move faster you can begin at round 2. If you wish to run a No Limit Tournament just use the blind structure starting with blinds at $25 and $50.
| Tournament Structure | |||
| Level | Small Blind | Big Blind | Limits |
| 1 | 25 | 25 | 25 - 50 |
| 2 | 25 | 50 | 50 - 100 |
| 3 | 50 | 100 | 100 - 200 |
| Break | 10 | Minute | Break |
| 4 | 100 | 200 | 200 - 400 |
| 5 | 150 | 300 | 300 - 600 |
| 6 | 200 | 400 | 400 - 800 |
| 7 | 300 | 600 | 600 – 1,200 |
| 8 | 500 | 1,000 | 1,000 – 2,000 |
| 9 | 1,000 | 2,000 | 2,000 – 4,000 |
| 10 | 1,500 | 3,000 | 3,000 – 6,000 |
| 11 | 2,500 | 5,000 | 5,000 – 10,000 |
| 12 | 5,000 | 10,000 | 10,000 – 20,000 |
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