One of the key differences between tournament poker and cash games is the relationship between the blinds and the betting structure. This difference is so significant, that many of the strategies that are employed in tournaments are directly derived from this difference.
Take a look at cash games first. If you were going to play $20440 Hold'em, you'd probably buy in to the game with approximately $800 in chips. That's common. Some players will enter the game with $500 and others with $1,000, but $800 seems to be typical. That $800 is the equivalent of 20 big bets and provides the opportunity to play quite a few hands before having to reach into your pockets for an additional buy-in. In cash games, the blinds and betting structure remain fixed, and you can buy more chips anytime you're not involved in a hand.
Learn about: Escalating Blinds
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