A tournament where there is No Limit placed on the size of bets or raises.
Thus, in any No Limit betting round, each player is allowed to bet or raise up to the amount of chips or cash he has on the table. This is without regard to the size of the pot.
Remember that in No Limit poker betting, players are still limited to the amount of chips or cash they have in front of them in table stakes games.
John Tucker - Editorial Manager