What is a Tournament?
A Texas Hold'em tournament is a structured poker event where players compete at physical tables using chips allocated at entry. The chips are used solely for table play and have no external value. Players are eliminated when they run out of chips, and the last remaining player is the tournament winner.
- Chips are used solely for table play and have no external value
- Players are eliminated when they run out of chips
- The last remaining player is the tournament winner