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Wednesday, May 11, 2005
Tournament Time
Since I made the decision to learn how to play casino poker , I have been sharing my experiences with you . In part seven I will tell you entering a poker tournament.
Before I started learning to play casino poker, whenever I heard the words Poker Tournament I immediately thought of the World Series of Poker. The WSOP final event has a $10,000 entry fee. I was under the impression that all poker tournaments were played only for high stakes by professional players. I was wrong about that. There are tournaments that are held all over the country designed to attract players looking for stakes they are comfortable with. Whether it is low limit or high stakes you're looking for, you can probably find a tournament near you.
When I participated in the Free poker lessons at Foxwoods Casino in Connecticut the dealer giving the instructions suggested that I may want to play in the Saturday morning Hold'em tournament to get the feel of the game.. I joked that it was probably filled with sharks waiting to devour unsuspecting player that dare venture into their territory. He laughed and said it was a low limit tournament that attracted players of all skill levels. He said because of the low entry fee many of the players were beginners or average players just out to have a good time without risking a lot of money in a live game. After investigating this a little farther I thought it would be the perfect opportunity for me to gain some practical playing experience and get the feel of a live game.
Foxwoods holds different tournaments six days a week. The Saturday morning event is a Limit Hold'em tournament. The cost of the tournament is $20. This consists of a fifteen-dollar buy-in and a five-dollar entry fee. Players receive $1,000 in tournament chips. There is also one optional Re-buy if you go broke or you can just add on to your existing chips. The ten dollar re-buy will get you another $1,000 in tournament chips. The re-buy must be made during the first two rounds of play. Most player looking to make it to the finals take advantage of the option. The prize pool contains 100% of all money from the Buy-ins and Re-buys. As an added bonus Foxwoods credits you player's club account with ten comp dollars, which can be used for merchandise shows or food.
Tournament structures can vary in the amount of the buy-ins, number of levels played and the amount of time to play each level. All tournaments have one thing in common. You are trying to win all the chips from all the players. The money from the prize pool is divided up among the players reaching the final table. The lion's share goes to the winner while the runner-ups receive a lesser percentage. You have a limited number of chips determined by the buy-in and re-buy. When you lose all your chips, you are out of the tournament.
The structure of the Foxwoods tournament is as follows: There are fourteen levels with each level being played for twenty minutes. The blinds increase after each level of play. There are ten players to each starting table. There may be eleven or nine at a table if there is an odd number of entrants. The prize money is based on the amount of players entered in the tournament.
I decided that entering the tournament would be a great learning experience for me. I am aware that in tournament play the the strategy becomes a little more challenging at the higher levels, but I was looking to gain experience and practice the discipline needed to play solid starting hands. It would give me a chance to learn table etiquette and gain confidence in my playing abilities while interacting with other players.
posted by Free Poker at 8:46 AM  
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