In a poker tournament, players compete to advance in rankings, and their “place” determines where they rank relative to other players, which can affect their winnings. The final place a player achieves depends on how long they last in the game and how many chips they accumulate. Players finishing higher in place usually receive larger portions of the prize pool.
Place Example
For example, if a player finishes in third place in a tournament, they will receive a payout corresponding to that position in the tournament’s prize structure.