Chip Chopping or Timed tournaments as often called by some people, are tournaments which could be played when main poker tournaments are not been played – it is an additional tournament.
In the chip chopping tournament players play for a pre-determine time. At the expiry of the set time, the remaining players in the game will receive money back and this depends on the number of chips each is hold.
The following apply in the chip chopping or timed tournament:
Dealer is part of participants in the game
A person in the game other than the participants is entitled to receive a benefit from the playing of the game.
Entrance and participation fees are applicable in the tournament
The payment or benefit from playing the game will not be related to the game itself
The player must not be made to buy a drink or a meal before, during and after the tournament and
Rake is not allow to be charge at the venue.