Hosting a poker tournament and need some help figuring out how to distribute the chips? There’s a calculator to help with that.
Rule of thumb is to dole chips out in a ratio of 4:3:2:1 (approximately). In our house rules, the buy-in (whatever that may be) gets you the chipset to start the game. Typically, since I prefer to play as a strict tournament, there are no further buy-ins once you are out. That being said, there’s not anything necessarily wrong with allowing repeat buy-ins as long as that is determined up-front.