We have some Tips and information for you on playing for poker tournaments:
Poker Tournaments 101
Poker Tournaments Key Terms:
Sign Up/Entry Fee. The amount of money paid to the house. Relative smaller than the buy-in fee.
Buy-In. The amount of money paid after the entry fee, this usually goes to the prize pool.
Starting Chips. The player receives his chips. Number of chips vary for each tournament, but typically its 1,500.
Starting Chips Bonus. In selected tournaments, players receive bonus chips in addition to their starting chips.
Re-buy. Player has the option to buy additional chips. Again, rules vary for each tournament.
Add-on. Option for purchasing chips during the tournament regardless of the remaining chips still in the player's possession.
Prize Pool. The total amount of prize and money, this includes the player buy-ins, add-ons, re-buys, and the additional money contributed by the tournament host.
Round. The specified time for each betting limit. Varies for every tournament.
Poker Tournaments Guide
Here are some of the top poker tournaments held around the globe:
World Poker Tour. World Poker Tour (WPT) is a weekly televised series of about 13 poker tournaments worldwide. Started in 2003 and airs on the Travel Channel, the TV program features real casino events and has helped poker and poker players to gain a wider audience.
World Series of Poker. The World Series of Poker (WSOP) was born out of a high-stake dare in the summer of 1949. As the story goes, Nicholas "Nick the Greek" Dandolos approached Horseshoe owner Benny Binion with an unusual request --- to challenge the world's best poker player in a public marathon.
Monte Carlo Millions. Phil Ivey became 2005 Monte Carlo Millions Champion after he bested top poker players from around the world. He took home $1 million prize money and the coveted championship title of the first poker tournament to ever be held in the illustrious Casino de Monte-Carlo.