Just as Monday night is 6-Max night, Tuesday night is Omaha night here at Playground Poker Club. On the agenda tonight is a Pot Limit Omaha 3 Lives tournament.
A 3 Lives tournament is a freezeout, except that each player is given 3 “life” chips which represent 10,000 chips each. During the first four levels, players can use these life chips as they wish – they can redeem all three at once to start with 30,000, or they can redeem one for 10,000 and use the other two as “virtual” rebuy chips. At the end of level 4, all remaining “life chips” are redeemed and the tournament continues with all of the chips on the tables.
The tournament is just underway and the tournament capacity is 120 plus alternates, so there’s plenty of time to jump in the action!