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Online Texas Holdem Tournament vs. Land Based
For those of you who are looking
for information regarding online Texas Hold'em tournament
play vs land based Texas Hold'em tournament play you have
come to the right spot.
Online Texas Holdem Tournament
vs brick and mortar poker room tournament:
- Online texas holdem tournament offers better
return on your fee.
- Online texas holdem tournament offers weaker
group of players (overall).
- Online texas holdem tournament offers quicker
play (per hand and per tournament).
- Online texas holdem tournament offers flexibility
of fees and times of play.
- Online texas holdem tournament lets you play
in your pajamas while at home.
- Online texas holdem tournament gives you
privacy (nobody will know who you are).
- Live poker room tournament offers you live
interaction with other human beings.
- Live poker room tournament offers you cash
payouts on the spot.
- Live poker room tournament offers you the
chance to meet other Texas Holdem players like you and also
gives you the ability to travel across the world playing
in fantastic settings (or even on TV).
To give you an example of the
payoff structure of an online Texas Holdem Tournament vs land
based poker room tournament we have provided the following
information for you. You can draw your own conclusions:
1
- Poker Room.com - Friday night special has a total
pool of $15,000 for $22 and you can expect 550 to 600 players
to take part in this tournament. Top 60 positions are paid
out with the first place prize at $3,000 (or 20% of the total
pool) and the second place prize at $1,875. So you will have
a 60/600 chance of winning something or 10%. With 600 players
you would expect the total pool to be no more than $13,200
(600 X $22) so it is a good bet to join for $22 if you are
a good Texas Hold'em player. In other words as long as there
are less than 682 players and assuming your chances of winning
are the same as everyone else then it would be worth your
while to participate. In 60th place you win 0.5% of the pool
or $75. 41st to 60th pays $75.
2
- Hollywood Park (in California) - has a weekly no
limit holdem tournament wherein for $17 you can win over $2,600
(top prize if there are 150 players participating with rebuys)
and really only the top 18 make money here. So in this case
you will have a 18/150 chance of winning something (12%).
First place will get 40% of the pool or approximately $2,600
and second place gets 23% of the pool or around $1,495. In
18th place you win 1% of the pool or roughly $65 for the $57
you will likely spend on getting in with the rebuys. 9th to
18th place pays the same ... namely 1%.
As you can see your chance of winning will be
slightly lower in the online Texas Hold'em tournament but
the prize is slightly bigger in first and second place and
the cost of getting in is also lower at $22 vs $57 (with rebuys).
From what I have been told it will take 5 hours
to play the land based tournament and 4 hours 50 minutes to
play the online Texas Holdem Tournament. As a matter of fact
if you are smart you will not play for the first hour in the
land based tournament and let others continue to buyin for
chips (and increase the total pool) while you wait on the
sidelines for the end of the rebuy period (after the first
hour). During this time the dealer will pay the big blind
and small blind out of your initial 200 chips and you will
thereafter buy in for 1,600 of chips at the break for $40.
This is the optimal strategy for the land based player.
There has been an increase in texas holdem tournament
play such that there are thousands of texas holdem players
who participate in online texas holdem tournaments every day.
Some play single table tournaments and others prefer multi
table tournaments. Some play no limit texas holdem and others
play pot limit hold’em or seven card stud or Omaha.
One thing everyone has in common is that they want to win
and they want to have fun playing. Just so you are clear there
are millions of people playing online texas holdem tournaments
every week and our site offers you simple guidelines on how
to improve your texas holdem tournament play – and ultimately
win.
You must understand that the Online Texas Hold’em
market is one in which gamblers play against one another and
the house is paid a small fee to make sure that all transactions
are equitable and that the real money games are fairly operated.
This sudden explosion in surfer habits (towards
playing texas holdem online) came about as a result of three
coinciding events:
1
– The incredible popularity of the World Poker Tour
television program in the US (and other texas holdem tournaments
that are televised).
2
– The fact that an Internet poker player won the World
Series of Poker in 2003 and in 2004 – what does that
do to the popularity of online texas holdem? You even have
to ask?
3
– The availability of online texas holdem sites that
you can play on and other
As far as land based poker rooms are concerned
a texas holdem tournament with a $10,000 guaranteed pool will
cost between $50 and $90 per player in fees. The equivalent
online $10K guaranteed pool texas holdem tournament has an
associated $15 to $22 total fee per player. Not only will
you save money playing online but you can play in a much bigger
tournament online then in a brick and mortar poker room in
less than 1/5th the time. Now you can argue that there will
be more players in an online texas holdem tournament and that
is true but to say there is a difference in quality of players
online to that of a land based poker tournament is an understatement.
Let us not forget that as a poker player you are considered
very lucky if you can find a texas holdem tournament within
a few hours driving distance of your home. Online Texas Holdem
tournaments are going off every minute on the minute twenty
four hours a day – just a few clicks away. And online
players have the opportunity to play in big tournaments or
small tournaments, multi table tournaments or single table
tournaments, texas holdem tournaments, or seven card stud
tournaments. With all the choice given to online poker players
does it surprise you that few of them even bother to go to
a land based poker room?
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