Blackjack Tournaments

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How Betting Works in Blackjack Tournaments

In blackjack tournament play one of the most important things to understand is how the betting process works. Keep reading for an overview of blackjack tournament betting.

For starters, it is important to note that in blackjack tournament play you are not playing with your own money. You usually have to pay an entry fee to buy-in to the tournament, unless you are playing in a freeroll tournament. However, the pile of chips you receive to play in the tournament usually far exceeds the cost of the entry fee. Tournament participates compete to see who can make the most of their tournament bankroll over the course of rounds of blackjack. Betting is a huge part of earning money and advancing in tournament play.

Tournament betting occurs in much the same manner as regular blackjack games. The difference is that instead of betting your own personal money you place bets with the chips allotted to you as your tournament bankroll. There is usually a minimum betting requirement, which is different from tournament to tournament. There is usually no maximum bet and players can go all in if they choose to do so. If a player runs out of chips or does not have enough chips to meet the minimum bankroll then they are eliminated from the tournament. Many tournaments also raise the minimum bet as the tournament progresses. For instance, in the first round of the tournament the minimum bet could be $100, while at the final table of the same tournament the minimum bet could be raised to $1,000.

Betting order is also randomized in many tournaments in order to remove the unfair advantage of seating order. Players take turns betting first, second, third and so forth.

It is important to keep in mind that betting rules are not standard and they differ from tournament to tournament. Therefore, you should always read the tournament rules before you begin playing.