Freezeout or Rebuy tournament
A rebuy tournament differs from the regular ‘freeze-out’ tournaments. In most poker tournaments, when you lose all of your chips you have been eliminated from the tournament. This is known as a ‘freeze-out’ tournament.
But some tourneys use a rebuy option. When you go out regarding poker chips, or maybe although you may merely run lower, you can buy more chips. The rebuy amount is typically the same as the buy in amount, and you usually get chips at the same exchange rate as at the initial buyin. The rebuy period is generally fixed to the first few rounds of the tournament. At the end of the rebuy session, there is often an “add-on” option. This is one last opportunity to buy more chips before the tournament becomes a standard freezeout. Generally all poker players are eligible to take the add-on option, but sometimes the add-on option is fixed to just those players whose chip count is less than a certain amount.
Winning Strategy for Poker Tournament
Early Stages: In the early stages of the tournament, you should avoid gambling much. Generally, the amount you win isn’t worth the gamble. One saying for the early stages ‘you need to take the chips from the weak players before someone else does’ – after all they will be harder to take from a stronger opponent later down the line.
1/2 No Limit Holdem
Towards the middle of the tournament, you need to switch gears. Since the blinds get bigger, stealing the blinds will help you stay alive. Here, the ‘gap’ concept becomes more important. It takes a much weaker hand than usual to raise to steal the blind, but a stronger hand than usual to call a raise. The middle rounds introduce the ‘survival mode’ concept.
Again, most of the time you will be looking just to survive and increase your stack bit by bit in the middle rounds. You want to avoid confrontation without the nuts and just take down some small pots without controversy.
However, if you are a large chip stack, you should take advantage of this survival mode. Take control of the game by raising and frequently putting other people at a decision for all of their chips. After all, if they go all-in, they’re risking it all but you aren’t because you can lose the pot and still keep on fighting. However, don’t do this too much. Steal some pots, but don’t be so obvious that people will call you all-in with top or even second pair. Also, don’t do this against very bad players. They will call everything.
2/5 No Limit Holdem
Towards the end of the tournament is when the coin-flip decisions become very important. Frequently, the blinds are so high it makes sense for a player with a low or moderate stack to go all-in preflop. Generally, when you go all-in you want to have Ace and good kicker or a pocket pair. If you have Ace and good kicker you are an advantage against all unpaired hands and may even have someone dominated. If you have a pocket pair, you are a small advantage against all unpaired hands and at a huge advantage or disadvantage against other pocket pairs (depending on who has the bigger one).
Generally, if you have one of these marginal hands, it’s best to just shove all of your chips in preflop. When you are a low stack, you cannot afford to be blinded away anymore. Once the flop comes, chances are it’s not going to be perfect. By shoving in all of your chips preflop, you have the added chance of stealing the blinds and can avoid being bluffed out.