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1. The most common form of tournament. There’s no rebuy, play continues until one player has all the chips. In a Freeze-out tournament players make a single buy-in and upon losing all their chips, will be eliminated from the tournament. As players become eliminated the tables are combined with other tables until there is a final table and ultimately there is one player left with all the chips.

2. A tournament in which only the first-place finisher receives a prize.

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