Finding The Right Texas Hold’em Poker Tournament


Finding the right kind of tournament can be like finding a new suit. You want to find one that fits your style of play and bankroll the best. The three main things you want to look at first would be the buy in cost, the amount of players, and if there are re-buys or not. I myself try to avoid tournaments that offer re-buys, for some reason I just don’t like them. Then again some other players love being able to re-buy in a tournament again.Other things you may want to think about when entering a tournament would be the amount of chips you start with and how fast the blinds go up. Usually its better to play in tournaments where the blinds go up slow and they give you more chips to start with. If the blinds move up to fast and you don’t start with very many chips you can be forced into playing worse hands just because the size of the blinds compared to your stack size.If you never have player a tournament before I would suggest that you start with a freeroll tournament (discussed in the next chapter) or a tournament with a small buy in. A tournament with an entry fee of a buck or 2 would be fine. This way you can see how tournaments run and how the prize payouts work. By entering a low cost tournament you can learn a lot without risking very much at all.After you get use to the workings of a poker tournament you will probably want to start playing in games with bigger buy-ins. Just be prepared for bigger swings in your bankroll playing in tournaments compared to ring games. For the most part only the top 10% of players in tournament will win any money, its possible to miss making it into the money for extended periods of time. If you have a set poker bankroll I wouldn’t play in a tournament that costs more than one 20th of your bankroll.You should also pay attention to the amount of players in a tournament. Usually you have better odds of winning a good chunk of money when there are only 100 to 200 players. This is compared to a tournament that has 500 to 1000 entry’s or more! Also remember to check if the tournament has re-buys or not. If you play in a tournament with re-buys you should be willing to re-buy or 2 or 3 times, a lot of other players will do it and you need to keep the field even. When the tournament offers re-buys its kind of like playing in a tournament with more people because it takes longer to knock people out when they have to option to buy more chips.After looking at all the factors mention above and trying out a few tournaments you should be able to find the kind of tourneys you like to play in. You may also want to look for tournaments that have guaranteed prize pools or added funds. These tournaments can offer better returns on your invested money. A situation when the prize pool is larger than the amount of entry fees is called positive expectation. This is something you should look for to get the most value for your tournament dollar.

Online Games – Can We Make Money Playing Them?

When we refer to online games we are normally referring to video type games that we play on a computer via the internet. Some video games are played over the internet using mobile phones and video consoles, but generally speaking online games means computer games that need an internet connection to be played. Simple text-based multiplayer games were the first of these types of games as internet connections were slow and expensive when these games were first introduced in the 1980s. Gradually these games became popular in the 1990s, with today’s online games featuring virtual communities, realistic graphics and multiplayer games where people can even play one to one or in knock out tournaments for cash prizes. We all know that the internet is the fastest growing market place in the history of the world but did you know that there is an online games sector that is growing 4 times faster than the internet overall! Yes! and it’s the “Online Skill Games” market.There are many styles of Online GamesSome of the different types of online games that exist:1. Real time strategy games: This type of game is all about strategy where, for your army to fight successfully against the other internet players you need to develop a game plan by building lots of resources2. First person shooter: Here the players compete with each other one to one. In most first-person type games, the online game allows the death match or arena style of play. In this style of game play the view you see is the one seen from your character’s eyes.3. Massively Multiplayer Online Role Playing Games (MMORPG): In this type of game each person has to keep trying to reach the next highest level until he has reached the top one written for that game and these online games can have, simultaneously, thousands of players from every part of the globe, playing in a giant virtual world interacting against or with each other. Gamers can keep playing these types of games for months or even years!4. Browser type games: These are pastime games that are quick, simple and small that are played in your browser. The popular Java and Shockwave technologies are used to develop these games.5. Online skill games: An online skill based game is a web game played in tournament format or one to one. Each player pays a cash entry fee to play with a cash or merchandise prize going to the winner or winners. The outcome of each competition is based on the player’s ability and performance not luck.How Do Online Game Companies Make MoneyAll games today, are playable online. How do we make money? This is the question that companies making the online games have to ask themselves. The majority of companies make single-player games that are played at home and in this the player has to beat the artificial intelligence of the enemy. Today these games normally include an online multiplayer version which can be played against or with other Internet players. By selling their game DVD/CDs is how these companies earn their profit e.g. Warcraft 3 and Counter Strike. Advertising and promotions is how browser game companies make their money. MMORPG companies generally charge their players a monthly fee and continue to add content by programming new scenarios etc in their games e.g. Everquest 2 and World of Warcraft. Some don’t, but survive because their DVD/CD sales are high e.g. Guild Wars.What is the future of online games?Soon there will be a new entry into the online skill games market. According to their Free Online Games Market Report they will be the first company with their new online skill games platform, to launch a business that encapsulates three of the newest phenomena on the internet today. Online Games Entertainment, Social Networking using web 2.0 and a new way of marketing which has been described as Social Marketing 2.0. One of the core differences with this new platform over the conventional models is that we the players can if we want share in the profits while we play our games. With the market today (2007) worth approximately $5.2 billion USD and predicted to rise in the next 3 years to over $13 billion USD that’s $412 per second and with social networking sites already reaching 45% of web users and the 4 major Instant Messengers having more than 400 million users between them this potentially could be a whole lot of money.