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  1. #1
    Fish
    Join Date
    Dec 2010
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    35

    Default Tournament selection/strategy

    While conventional wisdom states that cash games and sit n gos are the best way to make a reliable profit in poker, i'm thinking about focusing more heavily on MTTs. The reason is that i just seem to have a knack for them. I find that my "stay alive" approach for MTTs works very well, and i've cashed a disproportionally large amount of times, especially when the tournaments are huge (6k+ players).

    Is there anyone here who has advice on which approach gives the best chance to make money in the long run? Which tournament structure would be the most profitable in general? Should i consider anything else than the regular speed NLHE tournaments i've been playing so far?

    Btw, i currently have my bankroll on stars, so if there is any advice specific to that site, i'd love to hear it.

  2. #2
    (Formerly Steve-O) Steve Ruddock's Avatar
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    Dec 2004
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    5,966

    Default

    until you have a bog bankroll I would suggest playing the 90-man or 180 man Sit & Go's. or participating in tournaments at smaller sites where there are 200-300 entrants and not thousands.
    Read my musings on poker and life at Online Poker Examiner, Poker Examiner, PokerNewsBoy.com, and My Poker Blog

  3. #3
    Stu Ungar triple-t's Avatar
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    Sep 2005
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    Default

    Quote Originally Posted by chja View Post
    While conventional wisdom states that cash games and sit n gos are the best way to make a reliable profit in poker, i'm thinking about focusing more heavily on MTTs. The reason is that i just seem to have a knack for them. I find that my "stay alive" approach for MTTs works very well, and i've cashed a disproportionally large amount of times, especially when the tournaments are huge (6k+ players).

    Is there anyone here who has advice on which approach gives the best chance to make money in the long run? Which tournament structure would be the most profitable in general? Should i consider anything else than the regular speed NLHE tournaments i've been playing so far?

    Btw, i currently have my bankroll on stars, so if there is any advice specific to that site, i'd love to hear it.
    Though you may have cashed a disproportionally large amount of times, how many of the cashes were FT cashes? Top 5? Top 3?

    The reason I mention this is because the "stay alive" approach allows one to make it ITM, but when he get there, he typically doesn't have many chips left. Doyle Brunson discusses this in SS2. Typically, the lowest ITM slot of a MTT pays double the buy-in. I'd gladly trade half my minimum ITM finishes for a win.
    I study at KRE8R's School of Bankroll Management.

    If you IM me looking for money or a trade, you will be blocked.

  4. #4
    (Formerly Steve-O) Steve Ruddock's Avatar
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    Dec 2004
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    Triple T, these are now known as Allen Kessler min-cashes
    Read my musings on poker and life at Online Poker Examiner, Poker Examiner, PokerNewsBoy.com, and My Poker Blog

  5. #5
    Fish
    Join Date
    Dec 2010
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    Default

    I don't really min-cash as such. Granted, i don't have a very large selection, but out of maybe 15 tournaments larger than 1k people i have cashed around 5 times and 2 of those have been final tables.

    My point really isn't that i have results to show, but rather, i find decision making considerably easier in tournaments than in cash games or STTs. I make much fewer obvious mistakes while playing tournaments, and when i end up in a showdown, i am usually a big favorite.

  6. #6
    (Formerly Steve-O) Steve Ruddock's Avatar
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    tournaments are very swingy. I've won a couple dozen online tournaments and final tabled probably 150 or so, but I've also bombed out of 50 straight where I never even sniffed the money or maybe min-cashed here and there. Point is, it's easy to play "good" and feel confident when you've cashed in 5 out of 15 and made two final tables, but how will you play --and how will your mood towards tournaments be-- after you cash in 1 out of 20 tournaments?
    Read my musings on poker and life at Online Poker Examiner, Poker Examiner, PokerNewsBoy.com, and My Poker Blog

  7. #7
    Fish Food
    Join Date
    Mar 2011
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    9

    Default

    The 180mans are very high variance. I've heard of professionals who have 200-300 BI downswings

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