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davidtrump
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Unlike a cash game which can run indefinitely, a poker tournament begins at a predetermined start time with each player buying a ticket to the event at a set price and starting at the same time with the same number of chips. Players play until they are eliminated by losing all of their chips. A set number of finishers (typically around 10% of the total starting field) get paid on a descending scale from the winner down to the last paid finishing spot.