In this article we will try to figure out how and according to what rules tournament poker competitions are held. We will learn their basic simple principles and try to do it so that even a beginner can understand it.
At the heart of any tournament is the fight for the main prize, the second distinguishing feature of tournament poker is the buy-in or, in simple words, the entry fee to the competition. The entrance paid by each participant becomes the basis for the game bank and for the prize fund, respectively. Note that there is no buy-in in cash poker.
Having registered in the tournament and having paid the obligatory (pre-established by the organizers of the event) entrance fee, the participant begins his struggle for victory. And he can have a lot of opponents, as, for example, in MTT (Multi-Table-Tournament) tournaments with a large number of tables and players.
In the course of the tournament, less experienced participants are eliminated, and those whose level of play is good enough move on. Note that the size of the mandatory blind bets, meaning the small and big blinds, are gradually increasing. The tournament ends with the victory of one single participant – he takes the main prize.