The rules for a particular poker tournament is kind of similar in rules applicable for a poker game, but the tact and strategy to be employed for a winning hand in tourneys is quite complicated and challenging. Every move should be meticulously and skillfully played.
A poker tournament can be of the following main types:-
• The sit and go poker tournament or mini poker tournament:- Single table poker tournament and multiple table poker tournament
• Scheduled poker tournament
• Satellite poker tournament
• Rebuys poker tournament
The sit and go poker tournament has not many rounds and it is less formal, it may be just a single table or in some cases multiple tables are player. The buy-ins for mini poker tournament is not very high and it is quite affordable. The number of buy-ins in a mini poker tournament decides the amount of prize pool.
At the end of the game the prize is divided between the first three players or as per what the tournament guidelines are. In a sit and go poker tournament the number of buy-ins allowed increases with each level.
The site with which you play your poker tournament online decides your profitability. You need to do a bit of comparison study of the ranking of the sites before you decide to play in a site.
A scheduled poker tournament are very formal and can be compared to those that are organized in the World Poker Tour Championship and World Series of Poker and many of the online sites also offer scheduled tournaments.
The time schedule and the organization of the tables are prefixed. Multiple rounds need to be played to finally catch up with the championship in such tournaments.
A Buy-in poker tournament is that in which you just invest a small sum in the tournament and for the remaining of the games you use the play money that you get from winning the first table.
But in Re-buy poker tournament you exhaust your chips and you get more chips with more money to play any further. Most tourneys do not entertain re-buys.
A satellite poker tournament is on in which you get an entry in to another tournament by winning in the game. The entry to the next tournament is the prize for this poker tournament!