Playing in a Blackjack TournamentApril 7th, 2009 - 6:50am PST
Playing a Blackjack tournament involves several key factors: education, preparation, money management, and luck. In order to embark on this journey your first step is to find out what path to take. There are 2 different types of tournament, one where you play against only the people at your table, the other would have you competing against all of the other players at the other tables. Whichever one you play, you will be playing in an elimination style tournament where the last man standing takes the jack pot. The great Roman philosopher Seneca once said “Luck is what happens, when preparation meets opportunity.” Lets get you prepared.
Conventional blackjack tournaments consist of multiple rounds, with 6 individuals seated at each table playing against each other rather then the casino. Blackjack tournaments are normally played in elimination style where only 1-2 players from each table will be able to progress to the next round, and those 2 players are the ones with the most chips at the end. There is a certain protocol that has to be followed when playing in a tournament, that is why arriving early is very important, the dealer will explain all of the rules and regulations.
One key rule to remember is to play with the intent on winning and know how much money you will need to have at the end of each game to advance to the next round. The prize pool for the tournament is usually 100 percent of the entry fees paid by the players, so of course you will need to know how much you will need to pay to play and how much you are trying to leave the game with. This can be anywhere between $100.00 to $5,000.00 a bet, it varies depending on the houses rules. As mentioned before luck can play a part in winning but you also need to have a strategy. There are many strategies out there for you to learn like: position to play, where to sit, catch-up bets, free hits and doubling for less. Knowledge is power in any game of chance so utilize your resources and prepare yourself.
Money management is important when gambling. You never want to lose the game before you actually get to play it. When playing in a blackjack tournament you should be conservative with your bets at the beginning and remember that the best education is experience.