Tournaments refer to poker games where players play until they run out of chips, with the last person having chips being the winner, the second to last taking second place, and so-on. There is no direct correlation between chip value and money - rather, players are paid based on their finish in the ...

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What's considered an acceptable rake in tournaments?

What percentage would be considered an acceptable rake compared to the buyin? For instance, there is a local casino that runs a $40 buy in $25 dollar bounty and $15 dollar rake. To me, this seems ...
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How long does it usually take for an online tournament to start?

I registered for my first online tournament at FullTilt about half an hour ago. The tournament has the following structure: 4$ buy-in, 4 placed paid and starting when 18 people have registered. ...