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ShadySully

07-02-2004, 05:56 PM Post subject: Ring game vs Tournament

#1 (permalink)

Join Date: Jul 2004

Location: The Felt

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I've read a few posts with guys playing ring games at home with friends.

How do you guys cash out? Do you have a float of money going so people can just cash out whenever they please. Does everyone show up with $1 bills?

I've been playing tournaments at home with buddies but I know that if we played ring games then guys would win one big pot and leave. Or even cash out then buy back in for the minimum to protect their money. Very lame but I was wondering how you get around stuff like that.

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Humphrind

07-02-2004, 06:08 PM Post subject: Re: Ring game vs Tournament

#2 (permalink)

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Quote:

Originally Posted by ShadySully

When I play home ring games, I try to bring my buy-in in small bills. Especially if I host. We usually do a $20 buy-in and play until we are done. (I'll bring 2 5s and 10 1s) We cash out to the nearest dollar. Everyone who has change (less than $1) throws it into the center and we play 1 hand of 7 stud. Winner takes all the leftover (which is usually only $1-$2)
{Edit}
We usually play $2 max bet, the swings aren't too huge. If we were to play NL holdem we would make the rule that if you cash out, you are done for the night. Or we end at a certain time and everyone cashes out then, no earlier.

I don't know what they have to say
It makes no difference anyway.
Whatever it is...
I'm against it.

koolmoe

07-02-2004, 06:28 PM

#3 (permalink)

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Join Date: Jun 2004

Location: Drowning in prosperity

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I keep a bankroll of about $200 at home than contains about $50 in 1's and about $20 in quarters as well as a few large bills. I usually host, and everyone pays in to me (about $10 or $20 buy-in per player usually) and they cash in to me at the end of the night. When I run low on 1's and quarters (not too often), I go to the bank and get change. I have some exposure there, but I know everyone well, I own the chips (which I keep locked in a case), and I usually win, so I don't mind too much.

We usually play 5-7 handed, BTW.

As for cashing out, anytime is OK in limit, only once is allowed for NL. Some of the fishier players prefer NL, but I have encouraged limit lately to minimize their risk, promote fun (they love chasing runner runner straight draws with two suited on the flop and hitting their draw!), and prevent having lots of rebuys or folks going home early.

johnnyawe

07-02-2004, 06:40 PM Post subject: Re: Ring game vs Tournament

#4 (permalink)

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Join Date: Apr 2004

Location: San Francisco

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Good questions man.

Quote:

Originally Posted by ShadySully

How do you guys cash out? Do you have a float of money going so people can just cash out whenever they please.

Yes. A plastic bin serves as our "bank." When players buy-in, they place their money in the bank. When a player wishes to cash out, he exchanges all of his chips for money from the bank. During the week, the "bank" serves as a the resting place for all the nickels and dimes in my pocket at the end of the day. This way there is enough silver in the bank to satisfy the cash outs during the game.

In the last game I had, 7 people showed up and everyone cashed in and cashed out at different times. It worked well. We started with 4 people, 2 more showed up, then 1 more showed, then 2 people left, then 2 more people left, etc.. It added an interesting dynamic to the game and some real excitement whenever new people sat down at the table (fresh fish).

Quote:

Originally Posted by ShadySully

Does everyone show up with $1 bills?

I go to the bank on the day of the game and pick up 20 - 40 $1 bills.

Quote:

Originally Posted by ShadySully

I've been playing tournaments at home with buddies but I know that if we played ring games then guys would win one big pot and leave.

This has never happened, and I do not have a rule prohibiting it. Most people who go through the trouble to drive/walk 10 blocks/take the bus to my apartment are going to stay for at least a few hours. In a different setting, i.e. college dorm room, it would be a valid concern.

Quote:

Originally Posted by ShadySully

Or even cash out then buy back in for the minimum to protect their money.

I raised this concern here before I hosted my first home game. The consensus was to make a rule prohibiting parital cash outs. If you cash out, you have to cash out everything you have and you must be done playing for the night.

A question for you.. When you have tourney games, what do people do once they are eliminated? I'm thinking of playing a tourney one night, but I figure it would be very boring for the people who get eliminated early. Do people just leave, or stick around and watch, or play a side game, or what?

johnnyawe

07-02-2004, 06:42 PM

#5 (permalink)

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Shady, another concern if you're hosting a no limit home game, you have to make sure you have enough chips for people to do rebuys..

johnnyawe

07-02-2004, 06:44 PM Post subject: Re: Ring game vs Tournament

#6 (permalink)

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Quote:

Originally Posted by Humphrind

Everyone who has change (less than $1) throws it into the center and we play 1 hand of 7 stud. Winner takes all the leftover

Thats a cool idea Hump.

Humphrind

07-02-2004, 06:53 PM Post subject: Re: Ring game vs Tournament

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Quote:

Originally Posted by TheNatural

A question for you.. When you have tourney games, what do people do once they are eliminated? I'm thinking of playing a tourney one night, but I figure it would be very boring for the people who get eliminated early. Do people just leave, or stick around and watch, or play a side game, or what?

I wouldn't know, I always am playing at the main game until the end.

We will usually watch the action, or start a side game up (some little limit game or something) or watch TV, or chat and drink, or if there is not another game after the current game, we might leave.

I don't know what they have to say
It makes no difference anyway.
Whatever it is...
I'm against it.

Humphrind

07-02-2004, 06:54 PM

#8 (permalink)

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Quote:

Originally Posted by TheNatural

Shady, another concern if you're hosting a no limit home game, you have to make sure you have enough chips for people to do rebuys..

Not a concern in our games. If you want to re-buy, (because we don't do NL) you re-buy from the chip leader.

I don't know what they have to say
It makes no difference anyway.
Whatever it is...
I'm against it.

johnnyawe

07-02-2004, 07:40 PM

#9 (permalink)

Full House

Join Date: Apr 2004

Location: San Francisco

Posts: 1,064

Quote:

Originally Posted by Humphrind

Quote:

Originally Posted by TheNatural

Shady, another concern if you're hosting a no limit home game, you have to make sure you have enough chips for people to do rebuys..

Not a concern in our games. If you want to re-buy, (because we don't do NL) you re-buy from the chip leader.

Yeah, if its not no limit its a different story..

ShadySully

07-03-2004, 06:16 PM Post subject: Re: Ring game vs Tournament

#10 (permalink)

Join Date: Jul 2004

Location: The Felt

Posts: 51

Thanks for the responses Natural and everyone else.

A ring game sounds like it would be an interesting way to play. Especially on nights when people will be showing up at all different times. I do live in a small town and everyone I play with lives within 5-10 minutes so there would definately have to be a rule of only cashing out once.

However I could still see a problem with guys cashing out early after winning a big pot. That would be lame. One guy wins a huge pot and leaves with the majority of the money and the rest are left to fight over the scraps. A time limit on cashing out would work and I guess playing Limit would prevent that to some extent but we all agree that NL is much more exciting.

Another question to you ring game guys. On average, what kind of payouts are people leaving with in respect to the buy-ins? Do a couple guys double or triple their money and the rest leave with a few bucks? Is it rare for one guy to leave with a big wad of $$$?

Quote:

Originally Posted by TheNatural

You're right Natural. Getting busted out early sucks. This is the beauty of playing tournament style in my eyes though. It forces you play your cards and chips very intelligently. You get involved in a big hand and your blood and adrenaline is just pumping because you know it could potentially be the end of your night. Which to me, seems like the way it should be. Its a survival game and your tolerance for risk starts low and goes up as the night wears on. Its very exciting. When someone goes all-in early it usually means something. Usually guys are hesitant about going all-in too early but some nights when a few guys get eliminated right away we just start a side game. Sometimes these side games can get a big pot going!

For chips I have a case of 650 11.5 grams chips for the main game and I have about 2000 plastic chips for all the side game losers

Our tourneys are No Limit with a $10-$20 buy-in. No rebuys! Everyone starts with 800 in chips and the blinds increase every 10 hands. We have a little slider off of a fooseball table to keep track of which hand it is. The blinds go up much like PartyPoker tourneys 10/15, 15/30, 25/50, 50/100, 100/200, 150/300, 200/400, 250/500, 300/600, 400/800. Playing this way with 6-10 people the game will last anywhere from 3-5 hours. If we have 9 or 10 people we usually give 3rd their buy-in back, otherwise 2nd will double up and first place takes the rest. The pot for first is usually $50-$70 for a $10 buy-in. Or $80-$140 for a $20 buy-in game.

We've tried all kinds of different blind structures but this one seems to work well and is the most exciting.

Hope this helps.

Don't eat the Dessicant

Xianti

07-03-2004, 07:06 PM

#11 (permalink)

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Toasty

07-03-2004, 08:04 PM

#12 (permalink)

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lol xanti, you must be getting pissed moving psots about all day, but this is hold'em "home game" strategies so it may belong in the strat section

Poker is all about the long long long long long long long term . . .
Barney's back . . . back again . . .

johnnyawe

07-03-2004, 09:01 PM Post subject: Re: Ring game vs Tournament

#13 (permalink)

Full House

Join Date: Apr 2004

Location: San Francisco

Posts: 1,064

Quote:

Originally Posted by ShadySully

Another question to you ring game guys. On average, what kind of payouts are people leaving with in respect to the buy-ins? Do a couple guys double or triple their money and the rest leave with a few bucks? Is it rare for one guy to leave with a big wad of $$$?

I'm wondering that myself. I was talking like I'm some sort of home game expert, but I actually just hosted my second game ever a couple days ago. The first game, we had only 4 people and a $10 buy-in. The "big winner" won $4 dollars, and everyone else lost between $1 or $2.

But the 2nd game, we had 7 people show up, as I said, and we used the same buy-in. This time: I won $57, another guy won $1, and everyone else lost between $10 and $20! What a difference between the two games! So I'm interested to see what will happen next time.

Good thoughts on the "adrenaline factor" in a tourney game.

Check out www.homepokertourney.com for some ideas about blind structures. It seems like what you're doing works well though.

Karsk

07-04-2004, 10:32 PM Post subject: Re: Ring game vs Tournament

#14 (permalink)

Join Date: May 2004

Posts: 75

Quote:

From our weekly game, 10 dollar buying .10/.20 blinks first two hours, .25/.50 last two, it lately seems to be one rotating person who wins it big that night and several who break even or make less than 10 bucks. Rest get broke.

In terms of tourney's, once enough people go out, there's usually a side game that starts up. The tourney i run isnt extremely fast(30min levels) so usually those that place in money dont end up playing any side games.

michael1123

07-05-2004, 07:09 AM

#15 (permalink)

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This is different, since this is in a dealer's choice game, but we've found a creative way to mix holdem into a nickel dime family game (for me, so I can clean up, instead of with the other random games) without taking up too much time.

We do $1.50 buy-ins, with 10 cent antes (they feel the game takes too long with blinds, which is mainly a concern when someone gets knocked out). Then, every time someone gets knocked out, the blinds increase by 10 cents. Finally, since the family prefers this, once it gets down to two remaining players, the game ends and the two players keep whatever they have left (together earning the $1.50 of the players that were eliminated).

Anyway, what I feel could carry over to other home games would be increasing the blinds every time someone is eliminated. But the increases being timed does have more of a professional feel to it.

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