How do Bounties and bounty chips work, I sort of understand the concept but not sure on the dynamics?
Bounty chips are chips that are purchased at the time of buy-in. Usually, part of the buy-in goes toward the bounty chip, with the rest going to the pot. This means that typically everyone buying into the tournament gets a bounty chip, but it can be made optional.
When a player busts out, he must give his bounty chip to the person who knocked them out of the tournament. At the end of the tournament, players turn in the bounty chips they have collected for the money that was set aside at the buy-in.
For example, a tournament may have a $50 buy-in, with each player receiving a bounty chip worth $5. That means that $5 of the buy-in goes to the "bounty chip pot", and the remaining $45 goes to the main pot. When a player knocks someone else out of the tournament, he collects the busted-players bounty chip. When a player busts-out, he gives up only the bounty chip he received at buy-in, not any he has collected during the tournament. At the end of the tournament, he player who has bounty chips turns them in for $5 each.
This gives players an incentive to play a little looser when there is a chance to bust someone out of the tournament. If I play in a 100-player tournament for $50, with a $5 bounty chip, I can still get my money back by busting out 10 other players - even if I place only, say, 85th, overall.
Also I have a few issues that keep arising from time to time. 
An example say the Blinds are 200/400 can the first person under the gun come in and make it 500 with their first bet or do they have to double the blind from 400 to 800 if they want to raise?
Most of the answers to your following questions will vary from tournament to tournament. But I'd say the typical answer is that each raise must be at least the amount of the big blind. Some people like to restrict raises to multiples of the big blind, but usually it's just that a raise must be at least the amount of the BB. So, in your example, the first person under the gun would have to call $400, since the blinds would have already been in play, and therefore if he were to raise, he must raise to $800. He could raise to $900 if he wanted.
Next issue
Say the blinds are 1000/2000 Now if somebody goes all in and they have 1500, does the next person to bet have to still enter the pot for the full bet of 2000 and make a side pot of $500? or can they just call the all in even if there were several people still to act?
Yes. Since the BB is $2000, each player must at least call the $2000 to stay in the hand. A player with only $1500 may bet all-in. His $1500 goes into the main pot. The remaining players must still call $2000 (or raise, of course) in order to remain in the hand - because the bet is still $2000 (remember, the blinds have already bet, technically). $1500 of each player's bet goes to the main pot - including the blinds (which means $500 of the BB will be moved from the main pot into the side pot) - with the remaining $500 (or more if the bet is raised) going into a side pot. The main pot is now halted, and all additional bets go into the side pot. The $1500 all-in player can only win the main pot. If someone besides the $1500 all-in player has the best hand, that player wins both pots. If the $1500 all-in player has the best hand, he wins the main pot only. The 2nd best hand wins the side pot.
If all remaining players fold (including the SB), this leaves the BB, who has bet $2000, and the all-in player who has bet $1500. In this case, the BB removes $500 from the pot and places it back in their stack, and play continues.
Next issue
If someone raises a 1000 the next person calls that then the person after that goes all in with 1500 can next person re raise that or can they only call their all in? or what if they want to go all-in also... Can they? Then the person who raised it 1000, wants to re raise the all in, this happened last night and I wouldn't let them as he had already raised and I would only let him call the all in. Was that right?
One thing to remember about no-limit: anyone can go all-in at any time. It does not matter if they don't have enough chips to cover the bet, or if they have more chips than all of the other players combined. So long as the player is in the hand, when their turn to bet comes, they may bet all-in.
Likewise, a player may re-raise at any time as well, as long as it makes sense, although some house rules may restrict this. In most cases, if it is your turn to bet, you may bet/raise any amount you have, including all-in.
To take your example: the first player bets $1000, then the second calls, then the third goes all-in for $1500. Assuming the blinds are $1000/$2000, the bet is actually now $2000. The next player may fold, call $2000, raise to $3000 or more including all-in. Assume he goes all-in for $5000. The bet is now $5000. If the next player only has $3000, he may also choose to go all-in for $3000.
The only issue here is keeping up with the side-pots, since in the case just described, you'll have the main pot and multiple side-pots.
Coloring up
Chip race, do you always race the chips when coloring or chipping up, or do you just change the smaller chip to the next closed denomination in play?
Antes
I have been deciding whether to use antes does any one play with Antes in the later stages of the Tourny, what size tournys would you usually use them for?
If somebody acts out of turn, do they still have to make that bet or action. Sometimes people act out of turn then when they see what the person in front of them does they take their bet back? I don't feel that this should be allowed?
Thanks for your input
I'll let someone else chime in on the last ones. I'm out of practice and have probably already messed something up...
