What Does Token Mean in Poker?
In poker, a ‘Token’ refers to a physical or digital representation used for entry into a poker tournament. Tokens are often given as prizes or rewards and can be used to buy-in to specific events without using cash.
When You Might Hear Or Use The Term Token:
Tokens are commonly mentioned when discussing tournament entries, prize structures, or promotional events where players can earn tokens as rewards.
In-Game Example:
“After winning a satellite tournament, John received a token that he can use to enter the main event without paying the entry fee.”
Strategy / Tips:
- Best Practice: Use tokens strategically to enter higher buy-in tournaments that you might not usually afford, maximizing their value.
- Common Mistake: Wasting tokens on smaller events where the entry fee could be easily covered with cash.
- Pro Tips: Save tokens for marquee events with larger prize pools to increase your potential return on investment.
- Differences playing over the table vs online: Tokens are more commonly digital online, whereas live events might offer physical tokens or vouchers.
Alternative names:
Entry voucher, tournament chip.
FAQs:
- Q: Can tokens be transferred to other players?
A: It depends on the tournament rules. Some events allow transfers, while others do not. - Q: Do tokens expire?
A: Tokens may have expiration dates, especially if tied to specific events. Check the terms when you receive a token.
Related terms:
- Satellite Tournament
- Buy-In
- Prize Pool
