Stack Of Poker Chips Tattoo

  

If you are setting up a poker home game and want to know what each chip is worth and how many to give to each person, you have come to the right place. I have been a poker tournament player for over 10 years and can give you solidanswers.

What are the poker chip values for home games?

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  • White or Gray – $1
  • Red – $5
  • Blue – $10
  • Green – $25
  • Black – $100
  • Purple – $500
  • Yellow – $1,000
  • Pink – $5,000
  • Orange- $10,000

While these are the traditional values assigned for poker chips, what denominations you use can be tailored for whatever type of game you happen to be playing. The rest of this article will cover everything you need to know about optimizing your poker home game so that your friends will think you are a pro.

What Values for Common Chip Sets?

The traditional chip values for each color were established by casinos to represent real money. In other words, a blue chip at a casino can be traded in for a $10 bill.

Nowadays, this system doesn’t make a whole lot of sense for home games unless you happen to be playing a high stakes cash game.

Most people either play cash games for small amounts of money, where the highest denomination is something like $5. Or, they play a tournament.

Setting Up Cash For Games

In cash games, your chips count as actual money and there is no prize pool. If you run out of chips you are out of the game unless you reload. This format is the easiest to organize and play, since you don’t have to worry about a tournament clock or rising blind levels.

Cash Game Chip Values

If you are using your poker chips to play a home cash game, I recommend just following the traditional rules. White is $1, red is $5, blue is $10, green is $25. This will cover you for games up to $2/$5 blinds.

If you want to play higher stakes, say $5/$10 or $10/$20, you will need black and possibly purple chips. Or, you can just convert the white chips to $100 and red to $500 if your set does not contain black and purple.

How Many Poker Chips Do We Need for Cash Games?

A good rule of thumbs is to figure that you need at least 50 chips for every person in the game.

Mostbudget chipsets come with at least 300 chips with 5 different colors. That usually includes 100 white chips and 50 of the other colors. That is usually enough for up to 5 or 6 people to comfortably play without worrying about having enough chips.

If you have 6 or more players, you will definitely want to invest in a 500 piece set, like this inexpensive one (Click to see Amazon Listing).

If you want to customize the denominations of an individual poker chipset, you will likely need to get a higher-end brand, like my absolute favorite chipset.

How Many Poker Chips per Person? What Do They Start With?

In cash games, poker players may buy in for as much as they want. If you want to set a minimum or a maximum, that is fine. A 20 big blind(bb) minimum and a 100bb maximum are common.

Here are the chip distributions for common stack buy-in sizes:

$1.00/$2.00 Blinds

$2.00/$5.00 Blinds

$5.00/$10.00 Blinds

$10.00/$25.00 Blinds

What If We Want to Play Smaller Stakes?

If you want to play a small friendly game, feel free to play as low as you want. For example, you could make chips worth the following:

  • White – $0.10
  • Red – $0.25
  • Blue – $1.00

Here is a good distribution for playing .10/.25 blinds. For a friendly game, I recommend playing with 40 big blind stacks of $10 each:

$0.10/$0.25 Blinds

By choosing to play 40bb each, no one would be likely to lose more than $50 in a typical night. I included the 100bb distribution if you prefer deeper stacked play.

Tournament Setup & Starting Stack Distributions

Tournaments are actually a fairly recent invention that has grown immensely in popularity since Chris Moneymaker won the World Series of Poker in 2003. Now, it’s the most common poker format played in home games.

The great thing about tournaments is that it’s easy to limit the amount you can lose in a session. If it’s a $10 buy-in that’s all you can lose for the events. Just throw your money in a hat and play.

Tournaments do, however, take a bit more organization and maintaience from the host. You have to:

  • Setup and decide on the prizes
  • Manage the rising blind levels
  • “Color up” the chips as the blinds go up

Poker Tournament Chip Values

If you decide to play a poker tournament and want to be able to play more than 5 or 6 blind levels, then you will need at least 4 chip colors. Most chip sets now come with at least red, white, green, and black.

Here is a simple and flexible chip value system commonly used in live poker tournaments:

  • Red – $25
  • White – $100
  • Green – $500
  • Black – $1,000
  • Pink – $5,000

This distribution will work perfectly in most events with less than 30 people.

If you get to the point where $5,000 or $10,000 chips are needed, you can just bring $25 chips back into play and change them to whatever is needed. Or, if you have a 5th color, usually either black or pink, you can designate them as $5,000 or $10,000 chips.

It’s also okay to get creative and find an item laying around the house that can act as a substitute for the higher chips.

How Many Poker Chips Are Needed for Tournaments?

Tournaments tend to require fewer chips per person since the chips are usually worth more each. Even so, a common 300 piece set will still only accommodate up to 6 players. It is definitely worth your while to have at least a 500 piece set for every 9 people that will be playing.

I did some research and found a really good inexpensive 500-piece set (Click for Amazon price). I would suggest getting one of these for every 9-person table you are hosting.

What If My Chip Set Only Comes with Three Colors?

Some of the cheaper chips sets come with three colors. Usually, you get white, red, and blue.

For tournaments, if you only three chip colors you will want to assign them as follows:

  • Red – $25
  • White – $100
  • Blue- $500

If you have different colors, use the same values but just assign them to whatever color you want.

How Many Poker Chips per Person?

For most home game tournaments, a solid option is to have each player start with 3,000 chips using the following distribution:

  • 8 Red $25 Chips
  • 8 White $100 Chips
  • 2 Green $500 Chips
  • 1 Black $1,000 Chips

This will have each player starting with 60 big blinds. I find this amount to be a good balance between having enough room to play without having the event take too long.

What If We Want to Play Deeper Stacked?

If you want to play a deeper stacked tournament and have enough chips to go around, I recommend starting with $10,000 chips each with the following distribution:

  • 8 Red $25 Chips
  • 8 White $100 Chips
  • 8 Green $500 Chips
  • 5 Black $1,000 Chips

What blind levels should we play?

Based on the recommended chip distributions, here is a solid blind level schedule:

Helpful hint: If you want a deeper stacked feel to the tournament but don’t have many chips, just play a standard 3,000 stack with longer blind levels. Instead of the usual 15 or 20-minute blind levels, you might play 30 or 45-minute levels.

How Long Should Blind Levels Be?

For most home games, I advocate never having blind levels higher than 20 minutes. 15 minutes is a really popular choice. Even 1 table events will still last a couple of hours using this speed.

If you want a fast event, go with 10-minute levels. In live play, 5 minutes is difficult to maintain and it will only allow 2-3 hands per blind level.

When Should I Color up the Chips?

Here is a good schedule for removing smaller chips and introducing a larger denomination:

What Is a Good Tournament Prize Schedule?

For friendly home poker tournament games, I recommend a fairly wide distribution of prizes. Therefore, I suggest paying out at least 1/3 of the field. Here is an example payout structure:

Final Thoughts

Hopefully, I have given you all the information you need to get set up for your poker home game. If I missed anything please be sure to let me know in the comments and I will get it added.

Also, if you need more help planning your poker event, be sure to check out my article on hosting the perfect poker night. And don’t forget to use high-quality playing cards, they’ll take your game to the next level. Thanks for stopping by!

Related Products

If you want to really add class to your home poker games, here are a few products that I recommend:

  • Copag Playing Cards– My favorite premium brand of playing cards. Trust me on this, don’t use those cheap Bicycle cards anymore.
  • Octagon Folding Table– For smaller games with 5 players or less.
  • Oval Poker Table– For games with 6 or more players.
  • Heavy Duty Folding Chairs– These will fit any size player up to 600 pounds. I come from a rather “large” family if you catch my drift. Make sure you have good solid chairs to prop them up.

Related Questions

What is a short stack in poker? A short stack if poker is usually any chip stack that is 40 big blinds or lower. 50 to 100 big blinds is a mid stack, while greater than 100 big blinds is usually called a deep stack.

What poker table shape is best for home games? The best poker table shape for a home game varies based on how many players you are hosting. You will also need to factor in the size of the space you are fitting the table into. A safe bet is to buy an oval-shaped table. They usually seat at least 6 players comfortably and come in a variety of sizes.

How many buy-ins should I take to a poker game? When going to a casino or home game to play poker, it is usually a good idea to take at least 3 buy-ins for the stake you intend to play. However, it is a personal decision as to how many buy-ins you can stand to lose in one session. Limiting the amount of money you can lose in a poker session is known as setting a “stop-loss.”

Everyday players are sitting down at the tables and consistently making fundamental mistakes because of lack of knowledge, misinformation or failing to maintain focus.

Even just a small strategical adjustment in poker can potentially save you a huge amount in the long run.

In this article we will point out some of the best live and online poker tournament strategy tips you can use to improve your game as quickly as possible.

Tip 1: Play The Right Starting Hands

Whether it be lack of patience, or an unfamiliarity with opening ranges, many tournament poker players still open too wide. This is especially true when it comes to early and middle position opens, where there are still many opponents left to act behind who can be dealt a strong hand.

The problem is when called, wide openers are often at a range disadvantage. Often being dominated by their opponents, they are vulnerable to 3 bets since they frequently won't have a holding strong enough to continue under pressure.

Furthermore, although opening a hand like 7 ♠ 5♠ might at times not be a terrible strategy from early or middle position, speculative hands like suited connectors and gappers, as well as small pairs, work best with deep stacks behind.

These speculative hand types infrequently connect strongly with the flop, so those times they do you want to have deep stakes behind to have the potential to win a huge pot. Modern day tournament structures often only see deep stack play occur during the first few levels of play. This leads us into the next tournament poker tip, being stack size aware.

Learn which hands to open raise in MTT's - Watch lesson 6.1 from the Road to Success MTT Course. A power-packed 50 minute video below, just use one of the button options to unlock it and get instant access.

Tip 2: Be Stack Size Aware

Stack Of Poker Chips Tattoos

Effective stack size plays a critical role in a tournament players success.

Having a deep stack, and therefore expanding an opening range to include a lot of speculative suited hands and small pairs is a tournament strategy that is going to be punished if a number of short stacks are yet to act behind. This most notably occurs in turbo tournaments where the average stack size is quite short.

Short stacks will be in push-or-fold mode. Being short, they don't have time to wait and will be looking to take any opportunity they can to move all-in. This high rate of all-ins will leave wide openers frequently being forced to relinquish their hands, without even having the opportunity to try to hit a nice flop. Problematic hands often include; J8s , KTo and weak Ax hands.

It's not just short-stacks that can cause a problem, aggressive players will be looking to attack wide-openers. This is especially true when a player opens with a vulnerable M8-M14 (20bb-35bb) stack. 3 bets get good leverage against this stack size, since continuing in the pot represents committing a significant portion of a players stack.

Wide openers would be wise not to commit a large percentage of their stack with marginal holdings, and so will be forced to fold, or face being in a high-risk situation. Staying aware of your own stacks utility, as well as anticipating how opponents will utilize their stacks, is an important tournament poker tip to keep in mind.

POKER TIP: If you are currently using BB to calculate stack size, here's a look at why using 'M' is a better MTT strategy.

Tip 3: Be Careful Overplaying In The Early Stages

As a stack gets deeper, the less willing a competent player will be to put their entire stack at risk since they have more to lose. It's rare to see good players all-in during the early stages of a tournament with hands like AKo or JJ preflop.

Smart players recognize that their counterparts aren't going to be risking their entire stack with weaker hands like AQo . Therefore, even a strong hand like AK could be at a significant equity disadvantage facing a deep stacked opponents all-in range. Could you fold QQ here?

Stack of poker chips tattoo designs

Rather than putting in an extra raise, often times just calling with even very strong hands in the early stage of a poker tournament has great benefits.

  • Allows your opponents to continue with hands they were folding to a re-raise that you have crushed.
  • Disguises the strength of your hand and keeps you unpredictable.
  • Prevents you from getting all-in facing a super strong range where often times you're crushed.

Tip 4: Continuation Bet Aggressively But Not Always

Players have learnt the value of c-betting, but it's a strategy that is often misapplied. Being the preflop aggressor shouldn't lead to a mandatory c-bet and double barrels.

This is especially true in multi-way pots yet players continue to make fruitless c-bets with weak holdings into multiple opponents.

Even in heads-up situations, key factors to consider include;

  • How does the flop texture interact with players ranges?
  • Who has the strongest range?
  • Who has nut advantage (the biggest share of super strong hands)?
  • How passive or aggressive is the opponent we're facing?
  • How does the stack size/SPR allow us to operate on the flop and future streets?

The following hand illustrates the effect nut advantage can have on profitable continuation betting and how it applies to this tournament poker tip:

Tip 5: Be ICM Aware

The Independent Chip Model or ICM, is a great model players use to make more profitable decisions when deep in a tournament and especially at a final table.

Unlike in cash games, chip values fluctuate depending on the stage of the tournament and the competing opponents stack sizes. At it's most extreme, ICM strategy can make A♠A♣: an easy fold preflop.

Imagine a situation in a satellite where 9 players get a World Series of Poker entry and there's 10 remaining. The action folds around to a player with 100,000 in tournament chips who moves all in from the small blind. You're sitting in the big blind with A♠A♣: and also 100,000 in chips. You look around and see a few opponents with only 1000 chips left, which is the size of the current big blind. Obviously one of these short stacks is likely to bust very soon.

Obviously one of these short stacks is likely to bust very soon. Moreover the chance that they collectively out survive your 100,000 stack is extremely remote. You'd likely be a 99% chance to get a WSOP entry, so why would you call with your A♠A♣ and risk busting next around 20% of the time?

Aside from calling too wide in spots when the most profitable strategy is to proceed tightly, the opposite can also be true when it comes to pressuring your opponents. ICM allows players when they have the opportunity to assert pressure on there opponents stacks, to go ahead and do so liberally, since thinking opponents counter-strategy is to play a tight range of hands.

Here's an example of how drastically a hand range can change when the opportunity to assert pressure at a final table exists. 5 of the 6 remaining players at the Pokerstars Sunday Millions have 15bb's, whilst the UTG player has a short 2bb stack. Since the 15bb stacks wants to avoid busting out next and missing out on a large pay jump before the immanent bust out of the 2bb stack, the small blind can adjust their all-in range. Instead of the profitably 57% all-in range in normal play, they can move all-in with 100% of hands to apply pressure on the big blind.

Whilst the big blind should adjust their calling range from the regular 36% to just 10% of hands to account for the ICM effect in play.

The PokerNerve Road to Success course teaches players how to master ICM situations, which is key to tournament poker success since ICM comes into play as the prizes become significant. If there was only one tournament poker tip that you take away from this article, it's that you need to know ICM!

Tip 6: Bet The Appropriate Size

Strong players are capitalizing on their opponents tendencies to bet too big or too small in a number of different situations. With some similar considerations to that of continuation betting, when selecting a bet size important aspects include;

  • Which player's range does the board texture favor?
  • Who has the greatest nut saturation?
  • How does SPR influence our betting strategy

There are many great articles online about bet sizing. You should be sure to check out ThePokerBank's and the Pokerology's to learn more about this tournament tip.

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Tip 7: Take Equity Realization Into Account

Possibly due to the popularity growth of Twitch, many poker players approach to big blind play has evolved. The current trend is to defend the big blind with virtually any 2 cards, as some top pros elect to do, and the justification for this is taking advantage of the excellent pot odds being offered.

While the inclusion of antes combined with commonly seeing a small open raise size does offer the big blind generous pot odds, this has led to a fundamental flaw in the way many players approach big blind play in poker tournaments. The key concept overlooked, is equity realization.

Equity realization reflects a players ability to take a certain hand, and win their share of the pot, frequently enough, to make it profitable in the long-term. Although some top pros have the ability to win their equity share of the pot even out of position, less skilled players rarely do. This leads to a large chip loss in the long run.

It is quite difficult to realize of your equity when out of position, with no initiative and a weak range. This means them glorious odds you are being offered aren't quite as good as you think!

The following article explains this crucial tournament poker tip in more detail; Equity Realization.

Tip 8: Don't Miss Double And Triple Barrel Opportunities

'One and done' is the plight of many aspiring tournament poker players. Everyday at the tables I see players missing profitable opportunities to double, or even triple barrel. Understanding what turn and river cards are advantageous to a players range, along with opponent tendencies, are crucial parts of a winning barreling formula.

The most common scenario at the table, is a heads-up pot where the big blind calls an open-raise. And this happens to be a great spot to barrel. Big blind defenders have a wide range, and it's important to pressure this wide range, especially on only partially connected board textures with one or multiple high cards.

RedChipPoker has a great article on spotting profitable double barrel opportunities which you can read here: THE +EV DOUBLE BARREL GUIDE

Tip 9: Check-Raise More Flops

The biggest difference between the current tournament population, and the future generation, will likely be their approach to check-raising the flop. This opportunity typically occurs in a heads-up pot, after defending the big blind verse an opponents raise.

Currently, MTT players only check-raise the flop in this situation around 7-8% of the time, when closer to 20% is a more optimal strategy. On certain flop textures, check-raising close to 25% of the time is an extremely profitable strategy. And if players are getting out of line with their c-bets, then check-raising at an even higher frequency could be a profitable exploit.

By giving up too easily on a wide range of board textures, or taking a more passive approach and simply calling, c-betting can be done with reckless abandon. However, by selecting a nice mix of check-raising hands, combining some strong hands with some good semi-bluffing candidates, a check-raiser can become tricky to play against and exploit the average players tendency to over c-bet.

POKER TIP: Applied correctly and check-raising becomes a super powerful weapon in your arsenal leading to more profitable poker results. But also think beyond the flop, there's plenty of check-raising opportunities you may be missing. This video demonstrates an interesting turn check-raise situation.

We discuss check raising strategy in more detail in our post over on unfeltedpoker.com.

Tip 10: Develop A Good 3betting Strategy

Whilst 3 betting aggressively is a strategy many players employ, especially in online poker circles, failure to apply optimal 3 betting strategies has certainly led to a lot of spewy poker. Simply attacking opponents who are suspected of opening wide doesn't cut it in the modern poker world.

Players have learnt to deal with 3 bets more profitably, by mixing in some calls with timely 4 bets. Moreover, the role stack size plays when it comes to 3 betting it still largely misunderstood by much of the poker community.

Sure there are certain stack sizes where 3 bets gain a lot of leverage, but how about the role blockers play? And when is 97 a better 3 bet candidate than KT♠ ? These are just some of the considerations when it comes to a profitable 3 betting strategy. See how to design strong 3betting ranges in this article by Donkr.

Bonus Poker Strategy Tip: Avoid and Deal with Downswings

As a poker player you want to earn your money as easily and as stress-free as possible right? Well, understanding ROI, variance and bankroll management can help (see TopPokerValue's article on bankroll management).

All poker players at some point experience downswings. In some cases, this can affect their play, volume or state of mind.

You'll be miserable, hating poker, playing less and earning less per tournament as your play will suffer.

Along with finding ways that work for you to keep a positive mindset, taking pro-active steps can help keep you confident by knowing you are dealing with the situation like a professional whilst at the same time taking positive action to get back on track and winning.

What is ROI and variance?

Every tournament you enter has an EV associated with it. So if you enter a $10 tourney, as a good player maybe you have a 30% ROI, so you make $3. So it doesn't matter whether you brick that tourney or win it for $5000, you make $3 in the long run.

Now, of course, you don't make $3 each time. 80-85% of the time you lose that $10, some percentage of the time you win a little bit, and some very small percentage of the time you win a lot. How small those ‘small percentages’ are primarily depends on not only your skill edge, but also the field size which is an extremely important concept that is often ignored.

Variance is a factor of two things:

1) Your edge

2) The field size

Example 1)

You play the Hot $55 which has $30K guaranteed, every day for a year on Pokerstars. It has 1600 runners and you have a 5% ROI, because turbo ROIs are small. Your average yearly profit is $605 however you will lose money on the year 55% of the time.

Stack Of Poker Chips Tattoo Designs

Example 2)

You play a $20 tourney with $3K guaranteed on a softer site every day for a year. It has 200 runners and you have a 30% ROI, because it's a normal speed tourney and you’re against an easier field. Your average yearly profit is $2400 and in this case you lose money only 12% of the time.

A lot of people would look at those two tournaments and make a decision based on the buy-in and 1st place prize money as to which was better to play, and it would be grossly wrong. Once you accept all the above, you realise that the 'up top' number is largely meaningless.

Yes, on the same site bigger fields may mean a lot of fish have registered to play, but you'll find a lot of small field, soft, non-peak hour tournaments have a great pro-to-fish ratio and hence are great value. Of course once you consider other sites that have smaller fields, you'll often find they are a better choice than what might be running on Pokerstars.

So what can you do?

When players start losing money and along with that, confidence, not only does their game deteriorate but they often compound that problem by failing to make rational decisions. Often losing players, or players on a downswing, go 'bink chasing' and decide to take a shot to win all their money back in one tourney. Or load up some quick $82 hyper-turbos to try to turn it all around quickly.

People get overly fixated on what's 'up top' and wanting to score big in one tournament. That’s a sure-fire strategy to fuel a down swing. If your house got knocked down would you try to slap it back up in a week? Take that opportunity to rebuild a better, stronger house.

Stack Of Poker Chips Tattoo Meaning

Make sure you're adding in some study and keep focused (see Sky's Matsuhashi How To Study Poker series), and stay fresh and positive as you approach each session. Be smart and get back into profit quicker instead of enduring a 6-12 month variance rollercoaster!

Closing Words On Tournament Poker Tips

Poker is a multi-faceted game which makes it fun but challenging. Challenge yourself to factor in the relevant concepts, and make more profitable decisions. Tighten up from the big blind, and in general around the table. This tip often quickly improves a new players results, or those that have a got a little sloppy with their play.

Calculate stack size using 'M'. Always be aware of your own, and your opponents stack sizes so you don't get yourself caught in awkward situations. One awkward situation that often comes up is when you hold an overpair to the board and an opponent puts the heat on you. Don't be afraid to make big lay downs to preserve your stack, especially in the early levels.

Be aware of your cbetting frequency. There's no need to waste tournament poker chips cbetting every time, especially when the pot is multi-way. Pick your spots to make profitable plays. Remember when it comes to the final table, regularly profitable playing ranges might alter due to the payouts. ICM is the key when it comes to those final big decisions.

Another key to success is knowing when to fire multiple bullets at your opponents. Barreling, especially against a wide big blind range can really help increase your non-showdown winnings. Finding ways to accumulate chips without always having the best hand is what top players do. This is why check-raising and having a good 3 betting strategy is so important. Correct use of these strategical concepts and the other tips outlines will get you winning more at the tables.

Now that you've acquired some great holdem tournament strategy tips to help you achieve MTT success, go out there an implement them!

One of the quickest way to improve your poker game is to take on a poker coaching, a course or join a poker training site; if that is something that interests you be sure to check out the PokerNerve road to Success Course for some advanced poker tournament strategy or you can check out HowToPlayPokerInfo's guide on poker training & poker courses to find the right option for you.

Any other poker tournament strategy tips? Leave them below in the comments, we would love to hear them!

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