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Chip Leader - The person with the most chips. Often used as a watermark for tournament players comparing stack size.
Ultimately, a tournament is won by the player who wins all of the chips. The player with the most chips at any given
point in time is known as the “chip leader.” This title will often change hands many times over the course of the
tournament, and it has more significance in the later rounds than it does at the beginning of the tournament.
Having the chip lead is important for many reasons. The goal of a tournament is to win all of the chips in play. The
chip leader is closer to this goal than any of his opponents. Having the chip lead also gives you leverage in many key
betting situations. If you have it you can bluff and steal blinds with impunity because getting caught is not likely to
cripple you. Having the chip lead also forces your opponents to use extra caution when engaging you because you can
bust everybody that you go up against.
As the tournament progresses, the amount of chips the chip leader possesses becomes a watermark for the other
tournament players. Players will evaluate the quality of their position, relative to that of the chip leader. Having
the chip lead becomes increasingly important as the tournament progresses from the late stages. Player’s who arrive at
the final table with the chip lead are often expected to win or place in one of the top spots.
Usage: Behind the Chip Leader, Who Has the Chip Lead
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