Texas Holdem Tournaments

Texas hold 'em is often associated with poker tournaments largely because it is played as the main event in many of the famous tournaments, including the World Series of Poker's Main Event, and is the most common tournament overall. Traditionally, a poker tournament is played with chips that represent a player's stake in the tournament. Standard play allows all entrants to "buy-in" a fixed amount and all players begin with an equal value of chips. Play proceeds until one player has accumulated all the chips in play. The money pool is redistributed to the players in relation to the place they finished in the tournament. Only a small percentage of the players receive any money, with the majority receiving nothing. "The percentages are not standardized, but common rules of thumb call for one table" (usually nine players) "to get paid for each 100 entrants," according to poker author Andrew N. S. Glazer, in his book, The Complete Idiot's Guide to Poker. As a result the strategy in poker tournaments can be very different from a cash game.

Proper strategy in tournaments can vary widely depending on the amount of chips one has, the stage of the tournament, the amount of chips others have, and the playing styles of one's opponents. Although some authors still recommend a tight playing style, others recommend looser play (playing more hands) in tournaments than one would otherwise play in cash games. In tournaments the blinds and antes increase regularly, and can become much larger near the end of the tournament. This can force players to play hands that they would not normally play when the blinds were small, which can warrant both more loose and more aggressive play.

Game irregularities: If the first or second holecard dealt is exposed, a misdeal results. The dealer will retrieve the card, reshuffle, and recut the cards. If any other holecard is exposed due to a dealer error, the deal continues. The exposed card may not be kept. After completing the hand, the dealer replaces the card with the top card on the deck, and the exposed card is then used for the burncard. If more than one holecard is exposed, this is a misdeal and there must be a redeal.


Major tournaments: The two largest and most well-known tournaments in the USA are the World Poker Tour championship event and the World Series of Poker, both held in Las Vegas. The World Series has traditionally been featured on ESPN. In the 1980s the Super Bowl of Poker was the second largest and most prestigious tournament.

The 2005 World Series of Poker was the first held outside of Binion's Horseshoe Casino, though the final few days of the main event were held in the legendary Benny's Bullpen. Later tournaments have been held at one of the Harrah's Entertainment properties; since 2005, the Rio has served as the venue.

The largest and most well-known tournament in Europe is the European Poker Tour, which was founded in 2004 by John Duthie and is now the largest poker tour in the world by both total players and prize pool. The WSOP Europe started in 2007 and has one stop, in London.

The largest and most well-known tournament in Asia is the Asia Pacific Poker Tour Macau event.

The largest and most well-known tournament in Latin America is the Latin American Poker Tour Argentina event.

The Crown Australian Poker Championship, also known as the Aussie Millions, is the largest tournament in the Pacific region.

In addition to these events, there are other major tournaments throughout the year. The World Poker Tour broadcasts a series of open tournaments throughout the U.S. and Caribbean with buy-ins from $5,000 to $25,000, as well as a European event with a €10,000 buy-in. Some of these events are stand alone tournaments like the Caribbean Poker Adventure, but most are held in conjunction with a tournament series being held at the host casino, like the Commerce Casino's LA Poker Classic, the Grand Sierra's World Poker Challenge and the Bicycle Casino's Legends of Poker.

Atlantic City hosts The United States Poker Championship at the Trump Taj Mahal casino, which has been broadcast by ESPN in recent years.

The main live poker tournament in Africa is the All Africa Poker Tournament hosted by the Piggs Peak Casino in Piggs Peak, Swaziland.