Do TV Cash Poker Players Use their own money? I was watching cash poker on TV the other night, and I noticed a few. Things that don't seem right. The players seemed a whole lot looser than players I have watched. In big cash games in casinos. Table selection was horrible. All the players were well known.
Q: How do poker tournaments work? A: You buy-in to a poker tournament using real money and get a specific amount of chips as a starting stack. You play poker till only one player remains. Usually the top 10-15% earn a portion of the prize pool.

All real-money poker rooms have requirements for establishing an account as a new customer. Those can include presenting various forms of identification to prove age and country of residence, or an email address for contact verification, or the choosing of an online poker screen name.

Tournament Poker Chips Values & Colors. Poker tournaments are different from cash games as blinds constantly change. So, tournaments usually require a wider array of poker chip denominations. Also, tournaments traditionally start at higher blind levels like 25/50 or 50/100, so smaller poker chips values aren’t needed.

Then there are minimum deposits. Obviously, this does not pertain to free poker sites that allow competition for only coins or play chips. But real-money poker is always going to require a minimum deposit in order to play. This is a standard industry practice established for the primary purpose of preventing customers from making small deposits that cost more to process than the amount of the transaction itself.

There are other reasons for minimum deposit requirements, and there are also ways to avoid them.

What are Minimum Deposits?

Online poker sites that are set up for real-money games will require some kind of minimum deposit, which is usually displayed prominently on the cashier cage or, at the very least, in the terms and conditions established by the operator.

The minimums typically range from $10 to $25 or the equivalent in other currencies. The amounts are set so as to be realistic for accounting purposes but not to turn away customers who cannot afford to play.

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For example, PokerStars only requires a minimum deposit of $10, Bodog lists its bottom line as $20, and Bovada is $10 when you use Bitcoin.

The sites below are our top 5 small deposit poker sites. The minimum deposit amounts are listed as are the bonus offers available to you once you make your first deposit.

Posted on 2019-02-22 | Comments (0)

After you’ve chosen the poker tournament structure you want to run, the next step is to select the buy-in. You’ll also want to decide how many chips, and in what denominations, to issue to starting players. Both of these will dictate how many chips you need to have on hand for the tournament. Handling the buy-in process itself can also be a source of stress for new tournament directors.

Fortunately, addressing these concerns is fairly straightforward. A little thought and planning here greatly increases the chances of your tournament being a success.

How much is the buy-in?

The most important question to your players is probably how much the initial buy-in will cost them. Some players are happy to potentially lose a lot of money to participate in the excitement of a big tournament. Others would be just fine buying in for $0 and playing for bragging rights. Set the buy-in too high, and some players won’t be able to afford to join in. Set it too low, and some players might feel that the several hours the tournament will take won’t be worth their time.

The simplest thing to do is to ask the people you want to invite how much they’d like to spend. If you can find a sweet spot that attracts the most players to your tournament, you’re golden. Otherwise, you may need to split your guest list into two, and run a separate tournament later for the folks that aren’t interested in the first one.

Starting stack sizes

One of the things that dictates the length of your tournament is the proportion between the starting stack size and the blinds level. The larger the blinds are in proportion to the starting stack, the faster players will bust out of the tournament.

Tournament starting stack sizes are often expressed with a “T” followed by the amount of chips given at the beginning. This “T” (for “tournament”) represents a fictitious currency that the chips are denominated in, which has no relation to the real-life currency the buy-ins and payouts take place in. Thus, a T100 tournament issues 100 units worth of chips to its starting players, and a T1,000 tournament issues ten times as much. Both of these tournaments could have a $5 buy-in, or $25, or whatever the tournament director decides.

Again, starting stack sizes’ relation to the blind levels dictate the length of the tournament. A T100 tournament should theoretically play exactly the same as a T1,000 tournament with blinds set at ten times those of the T100 tournament. Of course, some players may be susceptible to a psychological difference—a T1,000 tournament might feel like a “bigger deal”, and a T5,000 or T10,000 tourney might feel even bigger than that! Larger starting stack sizes can also give you more flexibility in customizing your blind sizes. The one drawback to a bigger starting stack is that you may need more chips to cover all of your players.

Starting stack chip breakdowns

Naturally, the most important thing to keep in mind when determining your starting chip stack is that the denominations issued are compatible with the blinds schedule. If the first round of blinds is T20-T40, and the smallest chip you issue is a T25, your tournament is not off to a great start.

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A good starting point in coming up with a starting stack is to follow the ratio 1:2:3:4, where for every chip you have of the highest denomination, there is two of the next-highest denomination, and so on. Using more than three or four chip colors is generally not very effective; it is more expensive, and you’ll need to do more chip color-ups throughout the tournament.

Just like the tournament size, there’s a psychological aspect to choosing a chip breakdown. You could theoretically run a T1,000 tournament by simply giving everyone 40 T25 chips. But 40 chips may not feel like very much to some players, leading them to play much more tightly than they otherwise would, lengthening the tournament. Instead, you can use some T5 chips to give each player a hoard of chips to start with. If you start each player with 28 × T25 and 60 × T5, for instance, they now start with 88 chips. Despite both adding up to T1000, the second stack starts them with more than double what they would have with just T25 chips.

Buying chips

With the starting stack sizes decided, it’s simple to determine how many chips you need. Just multiply the number of chips of each denomination in each stack by how many players you expect to have. It’s probably a good idea to have enough extra chips for a few extra players. That way, you’ll be covered if something unforeseen happens and you need them.

If you plan to allow rebuys, be sure to account for those in your inventory as well. It’s generally fine to simply issue a few large-denomination chips (like ten T100 chips or two T500 chips for a T1000 rebuy). When a player has to rebuy, all of their low-denomination chips have ended up with the other players. A rebuying player can simply break their large chips down by making change from those players or the pot. This keeps a rebuy from flooding the table with low-value chips.

Now that you know how many chips to buy, it’s time to actually get your hands on some. It’s a good idea to choose chips of a unique style from an online vendor. If you go with one of the sets of chips readily available at your local big-box store, like the ubiquitous dice chips, you run the risk of one of your players owning the same chip set. Unscrupulous players may notice this and sneak in chips from home to give themselves an advantage. If you plan to host regular poker tournaments, it may be worthwhile to invest in a customized chip set. You can have the chips printed with a unique logo or text inlay. This can be ex

Do Poker Tournament Chips Represent Real Money