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Buying In (poker)
{{unsourced, date=February 2018 In poker and gaming "buying in" is the process of entering a tournament A tournament is a competition involving at least three competitors, all participating in a sport or game. More specifically, the term may be used in either of two overlapping senses: # One or more competitions held at a single venue and concentr ... that requires an up-front payment. The size of the payment, otherwise known as the "buy in", determines the total winning prize pool and also contains a fee, otherwise known as the rake, that is paid to the house. For example, a 50-person capacity tournament could cost $55 entry per player. In poker terms, this could be presented as "$50+$5", meaning $50 goes to the prize pool to pay the eventual winners and $5 (10%) is the rake. In this example, the prize pool would contain $2500 and the house would take a total of $250 (i.e. 10%). References Poker gameplay and terminology https://www.pokerdictionary.net/glossary/buy-in/ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number dealt face up or face down, and the number shared by all players, but all have rules that involve one or more rounds of betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the '' blind'' or ''ante''). In standard poker, each player bets according to the rank they believe their hand is worth as compared to the other players. The action then proceeds clockwise as each play ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tournament
A tournament is a competition involving at least three competitors, all participating in a sport or game. More specifically, the term may be used in either of two overlapping senses: # One or more competitions held at a single venue and concentrated into a relatively short time interval. # A competition involving a number of matches, each involving a subset of the competitors, with the overall tournament winner determined based on the combined results of these individual matches. These are common in those sports and games where each match must involve a small number of competitors: often precisely two, as in most team sports, racket sports and combat sports, many card games and board games, and many forms of competitive debating. Such tournaments allow large numbers to compete against each other in spite of the restriction on numbers in a single match. These two senses are distinct. All golf tournaments meet the first definition, but while match play tournaments meet the second, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rake (poker)
Rake is the scaled commission fee taken by a cardroom operating a poker game. It is generally 2.5% to 10% of the pot in each poker hand, up to a predetermined maximum amount. There are also other non-percentage ways for a casino to take the rake. Poker is a player-versus-player game, and the house does not wager against its players (unlike blackjack or roulette), so this fee is the principal mechanism to generate revenue. It is primarily levied by an establishment that supplies the necessary services for the game to take place. In online poker it covers the various costs of operation such as support, software, and personnel. In traditional brick and mortar casinos it is also used to cover the costs involved with providing a dealer (though in many places tips provide the bulk of a dealer's income) for the game, support staff (from servers to supervisors), use of gaming equipment, and the physical building in which the game takes place. The rake in live games is generally higher th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
