One of the most popular formats for Pot Limit Omaha tournaments at Playground Poker is the 3-Lives format, in which players each receive 3 “life” chips, each worth 10,000 tournament chips. During the initial few levels of the tournament, players can use their 3 lives as they wish – they can start with a full 30K stack, then can start with 10K and use the other one or two when that stack is busted, or played may choose any number of other combinations.
Good luck to all of the players tonight!