In a Freezeout tournament, each player begins with a set number of chips, and the goal is to eliminate all other players by taking their chips. Once a player loses all their chips, they are out of the tournament and cannot buy back in. The tournament continues until one player has all the chips, making them the winner. This format tests a player’s ability to manage their chips wisely, as there is no second chance.
Freezeout in Poker Example
For example, if you enter a Freezeout tournament with 1,000 chips and lose them all, you are eliminated and cannot continue in the tournament. The last player standing wins the prize.