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What distinguishes cash games in poker from tournaments?
Poker can be played in two different formats, cash games and tournaments, each of which has its own rules and characteristics. The main distinctions between cash games and tournaments are as follows:
Values of Buy-Ins and Chips
Cash Games: In cash games, participants purchase in for a certain sum of money and are given chips with that value. Players are always able to add more chips or withdraw from the game at any time. The chip values are precisely equivalent to real money. For each cash game table, the minimum and maximum buy-ins are normally established.
Tournaments: In tournaments, players pay an entry fee as well as a set buy-in price. A predetermined amount of tournament chips with no associated money are given to them.
Poker can be played in two different formats, cash games and tournaments, each of which has its own rules and characteristics. The main distinctions between cash games and tournaments are as follows:
Values of Buy-Ins and Chips
Cash Games: In cash games, participants purchase in for a certain sum of money and are given chips with that value. Players are always able to add more chips or withdraw from the game at any time. The chip values are precisely equivalent to real money. For each cash game table, the minimum and maximum buy-ins are normally established.
Tournaments: In tournaments, players pay an entry fee as well as a set buy-in price. A predetermined amount of tournament chips with no associated money are given to them.