Usually the betting structure in tournaments is “no limit.”
When you play in a Texas Holdem tournament you must know how it works. I’ll present the most popular on-line format of a Texas Holdem tournament, but remember to check the rules before signing in to any tournament.
Each player enters with a fixed amount of money - $50 for example, plus an extra fee for the ‘house’, let’s say $5. The total pay-off is the $50 multiplied by the number of players who joined the tournament. The division of this sum is predetermined - let’s say 50% to the winner, 30% to the player who takes second place, and 20% to third place.
Each player gets $1500 in chips and, if there is no rebuy option (the ability to buy more chips once you’re broke), when a player loses all of his chips, he is out of the tournament. The tournament ends when one player has all the chips.
The blind stakes start at a small amount compared with the total chips each player has, let’s say $10-20. The stakes rise either after a fixed period of time or after a fixed number of hands have been dealt. The betting structure in tournaments is usually “no limit.”
When the tournament has more than one table, as players go broke, the tables are broken up and recombined until one final table remains.
You can see that since the rules are not the same, you should make some adjustment to your game strategy (which we’ll deal with in the next movie – tournament adjustments).
Rules of No Limit Texas Holdem
Two cards are dealt to each player , once the blinds are in the pot.
No Limit Texas Holdem Strategy – Playing Before the Flop
You should usually fold against a good player because you’re in a bad position,when you’re in the small blind and no one has called the big blind.
No Limit Texas Holdem Strategy – General Tips
Making the wrong decision about seeing the flop can cause you to lose a lot of money in No Limit Texas Holdem.
