Yes there's an online tournament which is all-in or fold yet still a bounty tournament. It is a very unusual tournament but an intriguing one indeed. For those who do not know what an all-in or fold tournament is a tournament where each round before the flop you must go all-in or fold your hand, It is different from the all-in type tournament which requires a player go all in every time which requires little strategy at all, but merely luck. A bounty tournament is when you get a bonus for knocking out a player. In such type of tournament the prize pool is less because half is awarded to the the bounties. This tournament poses alot elements and new strategies.

One thing for sure such type of tournament will cure you with the nasty habit of limping in to pots. It's impossible to limp in during an all-in or fold tournament. It's a good lesson to learn. Limping in most cases is a bad habit along with a bad poker play. Also, you must play with a great hand. Players are either going all-in with top hands or folding bad ones. This teaches you the discipline of just playing top hands before the flop. An excellent skill to have in your poker game.

It's important to play top starting hands in late position. If you think about the strategy of these types of tournaments, players are playing the top hands in early and middle position. They understand a small hand in these positions are likely to get beat by a good late hand. So remember that in late position with no one all-in in front of you, a hand slightly below the top hand might be played here to steal blinds.

Stack size is extremely important in these tournaments. Remember that the starting stack size is the same for all at the start of the tournament. So really hand strength is the only variable at the beginning. Later in the tournament the stack sizes are a lot different and are starting to become a weapon to be reckoned with. Two things are going on here. First, the bigger stacks can play a bit more aggressively because if they gamble a lttle bit an lose to the smaller stack they aren't out of the tournament. This play puts pressure on short stacks and if the play questionable hand they're gone.

Now for the cash and prizes. The good thing about this is you can knock players out and get their bounty. If you play top hands you may very quickly get your entry fees back and then you are playing for free. Remember all players have a bounty and all but the winner loses theirs. So the bounties can get you profitable quickly. For the tournament prize money is usually 50 percent less as a result of bounties, but enough there to play for. Follow these strategies we mentioned previously and you'll be getting plenty bounties and finish at the final table.

Outlined in this article we found an unusual tournament which is very fun to play, with some very strict strategies, and it teaches the players some excellent discipline and tools for your poker game. We have only played these tournaments at Carbon Poker and Pokerhost Poker both US poker sites. They seem to be hard to find, but are well worth it when you do.