Texas Holdem Chips Amount

It is sometimes difficult to play and run a tournament. If you have some of the right products, it makes it a lot easier. This will allow you to focus more on playing. The keys to a successful tournament: being well organized, having good structure and using Quality Poker Supplies.

The values of the chips indicated is mostly $1,$5,$10, $25, $100, $500, $1000, $5000, $10000 respectively. Texas Holdem is played using these chips and after the game ends, each player is. Issue a total of 41 chips to each player - 20x5 + 16x25 + 5x100 = 1000 chips. This is a good chip distribution and your players will seldom have to make change. This chip distribution requires a. Players in a $1/$2 No Limit Hold’em game who buy in for $300 will receive that amount in chip value. Colours vary by casino but tend to follow similar patterns at least for lower values. There is no certain casino standard. Although white and red tend to be $1 and $5 amounts.

Texas Hold'em Chip Color Value

Tournament Supplies

The poker supplies that are used will have a big impact on the overall tournament experience. The use of quality supplies will make for “casino” like feel to your tournament.

Poker Chips

How many poker chips will you need to successfully host a tournament? Generally, you will want about 50-75 chips for each player. If you want to have a 20 person tournament you will need approximately 1000-1500 chips of the right color mix. You will need only four or five chip colors for tournaments of 40 players or less. You will need more of the lower denominations than you do of the higher denominations.

Here are the most common chip color denominations for home use chips:

• White - $1
• Red - $5
• Blue - $10
• Green - $25
• Black - $100
• Purple - $500
• Yellow - $1,000
• Pink - $5,000
• Orange - $10,000

Poker Chip Trays

Poker chip trays are extremely useful for handling and storing poker chips. At the beginning of the tournament they can be use to hold each players chips. This makes it easy to hand out the chips and assures that they are getting the right amount of chips. Chip trays also are helpful for carrying chips when a player has to move to another table.

Poker Tables

You will need to have enough seating for everyone. What you will need for tables will depend upon how many will be in your tournament. There is a wide variety and quality of tables that can be used. You need to make sure everyone has enough room. You may need to add an extra table. If you would like a quality table or multiple tables and it doesn't fit into your budget. You may want to learn how to build a poker table. This will save a significant amount of money.

Tournament Manager/Software

Using a tournament manager or tournament software helps you focus on playing and not as much on running the tournament. The software will make the tournament have that true casino tournament feel. Using this program will help you to just focus on the game and not worry about all of the details. The software does many things to assist you. Its main function will be to act as the tournament clock and count down the rounds and increase the blinds. The software will produce a random seating chart, so everyone knows where to sit. If you do have multiple tables it will move players as needed and tear down tables. Also it will keep track of who has paid and determine the prize payouts. All of these things are customizable to fit the needs of your tournament. WE HIGHLY RECOMMEND.

Other Tournament Accessories

There are some other things you may want to use in your tournament. Dealer buttons will keep track of who is dealing and where the blinds are. Use a good deck of playing cards. Make sure none of them are bent, torn or marked. It is always a good idea to have a few back up decks. Using 2 decks of playing cards can help speed up play. While one hand is going on the person to deal next can be shuffling the other deck. A playing card shuffler can also be used to help speed up the play or help those people who have never quite mastered the skill of card shuffling. If your tournament changes locations each time, try using a poker chip carrier case for transporting your chips.

Tournament Structure

Structure is the most important ingredient to a successful tournament. This includes how much to buy-in for, how many dollars in chips players start with, what the blinds start at and how much and fast should the rounds increase, how many places pay out, how much each place receives. What type of tournament are you going to play; limit, pot limit or no limit and whether you allow rebuys and/or add-on?

Buy-In Amount

Buy-in amount are always set by the comfort level of the people playing in the tournament.

Starting Chip Amount

How many dollars in chips should the players start with? Whether you want players to start with $100, $200, $1000, $5000, $10,000, it doesn’t really matter. This may depend on the quantity and color of chips that you have and the number of people are playing. Depending on your buy-in amount, you could have you starting chip amount the same as the buy-in.

Blinds

The blinds should start with the big blind being about 1% of the players starting chip amount. For example, if everyone starts with $5000 in chips than the big blind would start at $50 and the small blind $25.

Progression of Blinds

The one thing that will eventually make a tournament end is the blinds. Blinds continue to increase as the tournament progresses forcing people to play. The blinds should increase at an interval no bigger than double of the previous round.

Length of Rounds

How fast should the blinds increase? That depends upon the total number of players and the number of players per table. The more players the longer the rounds should be. A single table 6 person tournament could have 10-12 minute rounds, while a multi table 18-30 person tournament could have 20-30 minute rounds.

Generally speaking, the longer the rounds and the slower the blinds increase, the longer the tournament will last; this will reward skill. The shorter the rounds and the faster the blinds increase, the shorter the tournament will take; this will reward luck. You will want to find the right balance for your tournament.

A tournament will usually end during a round when the big blind reaches 5-10% of the total chip count. For example, a 20 person tournament with each person starting with $5000 will have a total chip count of $100,000. The tournament should end when the big blind is between $5000 and $10,000.

A 25 person tournament will usually last 3-4 hours.

Type of Tournament

A tournament where once you lose all your chips and you are eliminated is called a ‘freeze out’. An option that you can add to your tournament would be to allow rebuys and add-ons. A rebuy allows a person to buy back into the tournament if the get knocked out. An add-on is an option to purchase more chips. Rebuys usually take place during the first round, but can be extended to the second or third round. An add-on is usually bought at the end of the rebuy round(s). Rebuys and add-ons are normally the same cost as the tournament buy-in amount and get you the starting chip amount.

Prize Payouts

You will need to determine how many places pay out and how much each place receives. This once again is total up to you. You could have winner take all or you could spread the wealth to several spots. If you have 10 players, pay out the top 3 spots and for every 6 more players add another pay out spot. When paying multiple places, first place should normally receive 40%-50% of total prize pool. Very large tournaments (100+) generally pay the top 10%, with first place receiving 25-30% of the prize pool.

Tournament Organization

Organization is how the tournament is run. This includes things like how many chips people get, where they sit, how many at a table, timing the rounds, coloring up of chips,. If you are have a larger tournament with multiple tables then there is the moving of players and the closing of tables.

Starting Chips

When starting the tournament, make sure that each player has enough chips. Have at least 20 chips of smallest denomination. For example, when starting with $5000, your blinds start at $25-$50; have at least 20 green $25 chips. The reason for this is that a player won’t run out of the small denomination chips. A good starting amount could be 20 green ($500), 20 black ($2000) and 5 purple ($2500).

Seat Assignment

You will need to randomly assign seating to all players. Have each player draw for their seat assignment. Don’t allow players to pick their seats. Some players may want to sit on one side or the other of another player to get an advantage. You will also need to determine how many sit at each table. Give everyone enough room, don’t crowd them in. Add an extra table if you need too. Most large poker tables seat 8–10 players comfortably.

Multiple Tables

When playing with multiple tables, as players get knocked out, you will need to move players to balance the tables. As more players get knocked out you will need to close a table by moving all players from that table to other tables, until you eventually get to the final table

Texas Holdem Chip Distribution

Tournament Clock

You will need to keep track of the timing of each round. Using some sort of a timer works well as the tournament clock.

Round Information

Have a “Round Chart” that shows how much the blinds will be each round and how many minutes the rounds last for. This will help to eliminate any confusion.

Chip Coloring Up

At certain points in the tournament you will want to color up chips. This will help reduce the amount of chips players have sitting in front of them. Coloring up is the exchanging of lower denomination chips for higher denomination chips. There will come a time when a color is no longer needed. For example, if you have green $25 chips in play and the blinds have now become $100 / $200, you can colors all the green chips up to black $100 chips. When you do color up some players will be left with extra chips. They may have 7 green chips, leaving them with an extra 3 green chips after coloring up.

You can handle these extra chips in one of three ways, chip elimination, chip rounding up, or chip race off.:

• Chip Elimination - the removal of all extra chips.
• Chip Rounding Up - turning of any extra chips into the next chip denomination.
• Chip Race Off - randomly determining which players get their extra chips colored up. Any player with extra chips is eligible to win a colored up chip. All of the extra chips are placed in front of the player. A player will receive one card for each chip that they have. The high card wins the chip.

Texas hold'em is a popularversion of the cardgamepoker.

How to play[change change source]

Before any cards are dealt, two players to the left of the dealer make bets which are called the 'Small Blind' and 'Big Blind'. These forced bets must be at least matched by the other players in order to keep their hands. The big blind is twice as much as the small blind. If the big blind was $1000, then it is said that the blinds are 500 and 1000. This money is put into a place in the center of the table that is called the 'pot'

Each player is given two cards face down. These are called the player's 'Hole Cards' or what the player has 'in the hole'. Once all the players have their hole cards, the betting starts. The player to the left of the Big Blind player starts the betting. The lowest amount that can be bet is the amount of the big blind. Players can bet more than the minimum. This is called 'Raising'. The amount a player can raise is determined by the type of the game being played (see below) If a player raises, the amount he raised the bet to is the new minimum. Each player in turn may either 'Call' (pay the current bet amount), Raise, or 'Fold' (quit the hand). This action keeps going around the table until each player has called or folded his hand.

After the first turn of betting is over, the dealer lays three cards face up on the table. This is called the 'Flop'. These three cards are 'community cards'. This means they are used by every player in the game along with the two hole cards each player has. After the flop, another turn of betting takes place. There is no starting bet in this turn (no blinds) unless a player makes a bet. Players may 'Check' or bet nothing if no player before them in the turn has bet. If everyone checks, or if a player bets and all the others call or fold, then the round of betting is over.

Next the dealer lays another community card face up. This card is called 'the turn' (or 4th Street). Another series of betting comes after this. This betting is the same as after the Flop.

Finally the dealer lays the last community card known as 'the river' (or 5th Street). This card is again followed by a turn of betting, calling and folding by the players.

With the five community cards and their two hole cards, each player makes the best 5 card poker hand he can. The player with the best poker hand wins the round and the pot. If two or more players have the same hand, those players split the pot evenly. If one person bets and all other players have folded, the hand ends then and that player wins.

Styles of play[change change source]

Texas Hold'em can be played several ways, including Limit, Pot Limit and No Limit games. The version of the game usually is the maximum a player can raise at any one time.

Limit[change change source]

Limit games have a set amount that a player can raise at any time. If a game has a $10 limit, then a raise must be exactly $10. If more than one person raises, each one can only raise $10 more than the last raise. Typically, there is a 'cap' of 3 raises per round. Also, when playing limit, the bet and raise amount will usually double for the turn and river betting rounds.

Example[change change source]

In a 4 player game, Player A bets $10. Player B raises $10 (puts in $20 total), Player C calls Player B (puts in $20). Player D at this point can either fold, pay $20 (call player B) or raise $10 to a total of $30. Player A would go next and either call (paying the difference between his $10 bet and the current bet). This would continue until all players either call or fold.

Pot Limit[change change source]

In Pot Limit games, the most a player can bet or raise is the total amount in the pot. With each bet or raise, the amount in the pot gets larger. This allows for larger raises.

Spread Limit[change change source]

In Spread Limit games, there is both a minimum and a maximum raise specified. For example, one could play $5–50 spread limit. The big blind would be $5 and the minimum raise would be $5 and the maximum raise would be $50.

No Limit[change change source]

In No Limit, there is not a limit of how much can be bet at any time. That is, it is just like Spread Limit, but with no maximum. A player can bet up to all money as he has. If a player bets all of his money, he is said to be 'All In'. If a player bets more money than another player has, the second player can call by going All In. If only those two players stay in the hand (all other players fold), the first player takes back any money that is over the amount the player going All In has. At this point, all betting stops and the dealer deals out the rest of the cards.

If a player goes All In and two or more players are still betting, the other betters can raise each other until they both call (or one of them also goes All In). A 'side pot' is made in this case. It is the difference between the final bet and the first person's All In. Only the two players were not All In can win this pot. If the All In player wins the hand, he wins the main pot (his money plus an equal amount from each other player) and which ever of the other two players had the better hand wins the side pot. In an eight player game, it is possible to have several side pots with several people being All In at the same time. If there are not two player left who can bet, betting stops and all players turn their hands over.

Example[change change source]

Texas Holdem Tournament Chip Values

Player A bets $5000. Player B only has $3000. He goes All In. Player C Raises $2000 (puts in a total of $7000). Player A calls (puts in $2000). At this point, the main pot is worth $9000 ($3000 from each player). The side pot is worth $8000 ($7000–3000 from Players A and C)

If player A or C wins, he wins both the main pot and the side pot ($17,000) and Player B is out of the game since he is out of money. If player B wins, he wins the main pot and the side pot goes to which ever player has the best hand between players A and C.

Tournaments[change change source]

Tournaments are what people often see when poker is shown on television. When a player enters a tournament, he pays an entry fee called the 'buy-in.' Most of his buy-in is placed with other player's money in the prize pool. Usually, a small portion of the buy-in is kept by the tournament officials for their expenses (and profit). The player is given a table and seat assignment, and a certain number of chips - the same amount as every other player. Unlike normal chips, these tournament chips have no cash value (though they often are referred to with dollar amounts). Players must continue to play until they run out of chips. The tournament continues until one player has accumulated all of the chips. The order in which people lose all their chips (or 'bust out'), is their finishing order. That is, the last player to bust out is the second-place finisher. The prize pool is divided amongst a fraction of the top finishers (usually about 10%). The first-place winner usually gets a much larger share, with the prizes diminishing until the prize pool is empty. The player who was the last player to finish without winning any prize is said to have finished 'on the bubble.'

As players bust out of the tournament, the average player's chip stack gets larger. In order to insure that the blinds do not become insignificant in the face of the growth in chip stacks, tournaments are played in timed 'rounds.' At the beginning of each round typically the blinds increase. Every few rounds there will be a short break between rounds. For tournaments that last longer than a day, there will be a last level for the day, and the tournament will resume the next day.

Most tournaments only allow a player to buy-in and receive chips once, at the beginning. These are called 'freeze out' tournaments. Some tournaments allow players to buy-in more than once for the first few levels of the tournament. These players are said to 're-buy' and the money they use to re-buy goes into the prize pool with the rest of the buy-ins.

Other websites[change change source]

• Poker Hand - Poker hands list

Free Texas Holdem Chips