Two types of games.
- Tournaments
- Cash
Tournament Poker:
Pros
- Minimize cash outlay
- Play at your own speed
- Variable length
- High rate of return (ROI)
Cons
- Long game
- Specific start time
- Tied to the table/game
- Odds of winning are slight
- The more players, the less chance to win
- Fewer players means better chance to win
- Tournament structure is uneven
- Low entry games have quicker blind changes, some are even turbo games
- Low entry games usually require more luck than skill
Cash Games
Tournaments can take a high percentage of the buy-in.
Cash games have a rake per pot based on how many players are in the pot.
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