Texas Holdem poker has become the most popular game played online and at land-based casinos. Many poker events brought the popularity including large poker tournaments in India that give the opportunity to the players to gain a big amount of money. Different types of tournaments:
Single Table Texas Holdem Tournaments
This is a popular online Texas Holdem format and referred to as a shootout or sit and go. Single Table poker games can be interpreted in different ways. This format has advantages and disadvantages as well. For good online players, the advantages far outweigh the disadvantages. If the players are running well and have won a couple of hands and have a healthy stack, he can’t win more than what the first place pays.
Multi-table Online poker tournaments
In MTT, every player pays the same entry fee. This format is similar to single table tournaments and in that players are 9 or 10 starting with the same amount of chips. But the difference is the table can be of a hundred tables, all playing to make one final table. This format of the tournament is used in World Series of Poker and World Poker Tour. The risk is limited to the entry fee which every player pays to participate at the tournament.
These are the most common type of tournaments. The players begin with the same amount of chips and play until one player has accumulated all the chips. As players are eliminated, the active players are re-seated at fewer tables. The winner of the tourney is the player who accumulates all the chips, the payout structure rewards many players. The final table of the players would get the prize money.
In this tournament, the players who lose all their chips are allowed to rebuy more chips and continue to play. It is allowed only for a certain amount of time like one hour. There are also add-on tournaments where you can rebuy more chips once you reach a point before you bust out. Often rebuys lead to larger total prize pools being played for than would be standard for initial entry cost. These tournaments feature more aggressive play earlier on as players don’t face the prospect of elimination if they lose all the chips.
In these tournaments, each table plays down to a single winner. The winners proceed to finals of the event. If a tournament starts with 16 tables, the players compete with each other until there is a winner. Normally these tournaments last several hours less than the other.
These are mini, preparatory tournaments. These tournaments are one of the strategies used by the online casino sites to attract the players. The prize pool often includes a seat for one of the biggest poker events for the year. Many satellites at online poker rooms will offer a prize of free seat into an expensive poker tournament. One thing that makes these tournaments so popular is the small chance to win a lot of money while risking a small amount of money.