For an eight person small friendly tournament what do you usually start with on stacks? And then when do you guys change your blinds when starting at $1/$2 blinds and what steps. Chips are 1/5/25/100/500
It' snot enough to know the denoms, but I also need how many of each denomination.
Take @Kid_Eastwood 's blind levels for example. It's a good structure, but you need a lot of $1s, or you will be making change every pot. How many is "a lot"? I'd need fifteen $1s per player with since you need six $1s just to fold in the blinds. 15x8 players is 120 chips, and you can still be expected to be making change as inevitably one player will inadvertently will more and someone else will lose them constantly. Even more if your players limp a lot.
I only run 1 tournament using cash chips. It's a survivor tournament, where once we get in the money the remaining players are paid out whatever they have in chips. Ours uses $20 chips instead of $25s, so I modified it slightly to fit your chips...
1.00
2.00
1.00
3.00
2.00
4.00
3.00
6.00
Break
4.00
8.00
6.00
12.00
8.00
16.00
12.00
24.00
Color Up
$1s
15.00
30.00
20.00
40.00
30.00
60.00
40.00
80.00
60.00
120.00
Color Up
$5s
75.00
150.00
100.00
200.00
150.00
300.00
It is very similar to @Kid_Eastwood 's structure. at 15 minute levels, 15 minute breaks, you are at about 4:15 , and 20 minute levels closer to 5 hours.
For a $300 starting stack:
15 x $1
12 x $5
9 x $25
Contrary to @Kid_Eastwood 's thought that 150 BB to start is low, I think it is fine. After 2 hours the average stack is 25 BB. If you allow single (or more) rebuys, everybody would likely still be playing. I would not frown upon a $500 starting stack by adding a couple Hundos for everyone, but only if it was a freezeout. With $500 starting stacks, players won't feel the pinch until after you color up the ones, 2/3s of the way through the tournament.
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