dj11
Legend
Silver Level
I read this and think that there is a wrong terminology here;
It’s pretty early in a donk game at my local casino. This is the 7PM Saturday night $130 buy-in live Hold ‘em tourney with 20 minute levels and $15K to start with blinds beginning at $25/$50.
With the blinds at $150/$300 the following hand takes place, my stack was about $19K at that point.
The wrongness in my mind is the use of '$' before the chip #. Once in a tourney, the bucks are unimportant, and the chip count is just a chip count.
For simplicity's sake, lets assume each player starts with 1000 chips. and that there are 100 players, meaning a total chip count of 100,000 in play, and a prize pool (in this case) at $13K. this means each chip, at the start of the tourney is worth 100K/13k = ~~7.7 cents or $.07.
So the blinds in that case are ($.07 x 150)/($.07 x 300) or $1.05/$2.10 in real money.
So, IMO, in a tourney setting, the use of the '$' is not right and actually sort of a PITA to type.
It’s pretty early in a donk game at my local casino. This is the 7PM Saturday night $130 buy-in live Hold ‘em tourney with 20 minute levels and $15K to start with blinds beginning at $25/$50.
With the blinds at $150/$300 the following hand takes place, my stack was about $19K at that point.
The wrongness in my mind is the use of '$' before the chip #. Once in a tourney, the bucks are unimportant, and the chip count is just a chip count.
For simplicity's sake, lets assume each player starts with 1000 chips. and that there are 100 players, meaning a total chip count of 100,000 in play, and a prize pool (in this case) at $13K. this means each chip, at the start of the tourney is worth 100K/13k = ~~7.7 cents or $.07.
So the blinds in that case are ($.07 x 150)/($.07 x 300) or $1.05/$2.10 in real money.
So, IMO, in a tourney setting, the use of the '$' is not right and actually sort of a PITA to type.