Buy-in in poker: what it means and how it differs between cash games and tournaments
By the Editorial Team
A buy-in is the amount paid to enter a poker game. In a cash game, it buys the chips you bring to the table. In a tournament, it relates to registration, whose payment may combine a contribution to the prize pool and a fee for the organizer. [1][2]
| What to compare | Cash game | Tournament |
|---|---|---|
| Meaning of the buy-in | Amount the player brings to the table | Amount associated with registration for the event |
| How to interpret the listing | Identify the minimum and maximum amounts allowed to enter | Identify the total payable and any breakdown between the prize pool contribution and the fee |
| Relationship to chips | Chips represent the cash value put into play | Chips represent units of play and cannot be redeemed for their printed face value |
| Possibility of buying more chips | Players can buy more chips after losing them all, subject to the table rules | The event’s specific rules and structure must be checked |
How a poker buy-in works in each format
In a cash game, the amount relates to joining the table
In a cash game, the buy-in is the amount used to purchase chips when joining the table. The table usually sets a minimum and maximum, and the player chooses an amount within that range. Limits vary between tables; check the amounts listed for the one you plan to join. [1][4]
The value of chips changes with the format
In real-money cash games, chips represent the cash amounts used in the game. In conventional tournaments, the buy-in purchases entry into the event and provides a starting stack whose chip count does not usually correspond to the entry price. [5]
Tournament chips have a face value for play, but they cannot be taken to the cashier and exchanged for cash at that printed value. The entry amount, chip count, and prize pool are therefore separate pieces of information. Prize payments follow the event’s structure; they are not a direct redemption of the remaining chips. [1][2][5]
In a tournament, the payment needs to be broken down by destination
In tournaments, including SNGs or sit-and-gos, the entry payment may combine a prize pool contribution and a commission, also called a fee, for the organizer. The total paid is the sum of those portions. [1][2]
The entry price and the prize pool answer different questions
The buy-in alone does not tell you how much the winner will receive: prizes also depend on the number of entries and the event’s structure. [1]
Limits, fees, and rebuys: what depends on the game’s rules
A buy-in limit is not the same as a betting structure
A No-Limit table can have a maximum buy-in. NL describes the betting structure, not the amount allowed for purchasing chips when joining the table. [3]
“Entry fee” can refer to the full payment
“Entry fee” sometimes refers to the total paid to participate, rather than an amount retained entirely by the organizer. To understand the charge, distinguish the prize pool contribution from the organizer’s commission. [2][3][4]
Rebuying requires checking the format and its conditions
In cash games, players can buy more chips after losing them all, subject to the table rules. In tournaments, the availability and conditions of an additional purchase depend on the event’s rules and structure. [1]
Example: how to read an entry advertised as US$10.00 + US$1.00
PokerStrategy’s glossary uses an entry advertised as “$10+1” to explain the split between the prize pool contribution and the fee. In this example, the participant pays US$11.00 in total: US$10.00 goes to the prize pool and US$1.00 goes to the organizer. [2]
| Listing information | Amount | Meaning |
|---|---|---|
| Portion allocated to the prize pool | US$10.00 | Part of the payment that goes toward prizes |
| Organizer’s fee | US$1.00 | Part retained by the organizer |
| Total to enter | US$11.00 | Sum of the two portions |
These amounts illustrate how a charge is presented; they are not a current tournament offer.
Before entering, check what the advertised amount includes
Before paying, check the format, buy-in limits, total charge, and conditions for any additional purchase in the table or event rules. [1]