You will need only four or five chip colors for tournaments of 40 players or less. If you want to have a 20 person tournament you will need approximately 1000-1500 chips of the right color mix. How many poker chips will you need to successfully host a tournament? Generally, you will want about 50-75 chips for each player. The use of quality supplies will make for “casino” like feel to your tournament. The poker supplies that are used will have a big impact on the overall tournament experience. The keys to a successful tournament: being well organized, having good structure and using Quality Poker Supplies. This will allow you to focus more on playing. If you have some of the right products, it makes it a lot easier. It is sometimes difficult to play and run a tournament.