Cash games are played at one table. Tournaments can be played at one table, but can also consist of multiple tables. A player has the option to end a cash game at any time and can then exchange all chips for cash. Tournaments end when there is a winner who has all the chips. Players are paid according to their place in the tournament. If you lose your chips in a cash game, you can buy in again and continue playing. If you lose all your chips in a tournament, you are finished and eliminated.