Chinese Association of Idaho State University (CAISU)

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To play in a tournament players have to pay two fees. They have to pay an entry fee to the poker room hosting the tournament to cover the expenses involved. This gives the player an assigned seat and a set quantity of tournament chips with which to play The buy-in fee is held and paid out as prizes. The prize payout differs from tournament to tournament but typically it all goes to the few players fortunate enough To make the final table.

The object of a tournament is to win all of the chips. All tournament players start out with the same quantity of chips to play with and all start playing at the same time. Players play until they lose all of their chips and are then removed from the tournament. A tournament continues non-stop, often for several hours, until only one person remains. As playing progresses the stakes rise (Blinds are doubled on a timed interval), making it more and more difficult for players with short stacks to remain in the game.

Players are awarded prize based based on their finishing position in the tournament. The top finishers earn the most money with the 1st place winner usually receiving about 30% of the total prize money, the 2nd place winner about 20% and so on. Of winners and the size of the payouts depend upon the rules for the tournament being played and the number of people playing.

Re-buys and Add-ons Some poker tournaments allow players a re-buy option. This re-buy option allows players to purchase more chips if they run out of them at the start of the tournament. A player can purchase the same number of Chips that he/she started the tournament with. Some poker tournaments allow unlimited re-buys during the first hour of play, while other tournaments allow only a single re-buy.