Table Of Contents

• Poker Tournament Tip 1: Steal a Lot, But Don’t Go Overboard. “Open small and often.” This phrase.
• In this section we provide live tournament poker tips from our team of strategy writers. Whether you are a beginner or a seasoned professional we can offer the best advice to any player hoping to.
• The blinds go up every 20 minutes. For the people that go and play these live casino tournaments and cash quite frequently, what is your strategy for these tournaments? I own a book called.

Though there's been much hand-wringing over the years about the 'health' of the game, at least one subsection of poker is healthier than ever.

In this section we provide live tournament poker tips from our team of strategy writers. Whether you are a beginner or a seasoned professional we can offer the best advice to any player hoping to.

The appetite for live poker tournaments in the $300 to $2,000 buy-in range has probably never been bigger. In the United States, tours such as Mid-States Poker Tour, the RunGood Poker Series, the Heartland Poker Tour, WPTDeepStacks and the World Series of Poker Circuit continue to pull in huge numbers year after year, often expanding by a few stops here and there.

Those are the arenas where I get to realize much of my passion for the game, and one of my goals in recent years has been to keep better records of my results. In that vein, while recently flying back from a trip to Australia to report at Aussie Millions, I spent some time filling out my spreadsheets of 2019 results.

Looking it over, several things struck me. I thought I'd go over the highs and lows of the year here and discuss what it can tell us about the low- to mid-stakes scene in the U.S.

The Numbers

What a sick year. A 191% ROI!

I wish. In fact, that was just the first four months of the year. Let's see that table again, only with everything else I played from May onward:

Poker Tournament Strategy Pdf

_{*Wasn't actually $0, but difficult to separate from work expenses}

Cue the sad trombone. That's considerably less impressive, if still pretty solid.

Takeaways

So, what are the takeaways from all of this?

Well, first off, it's likely that I ran above expectation. Obviously, I'm mostly playing very good value events. Still my understanding of tournament poker ROI is that 20% is considered pretty good. Therefore, even if I have a decent-sized edge — hopefully this is true! — 32% would be an optimistic expectation.

Also, heaters are fun! My spring sun run included a first-place finish in a Circuit re-entry and a second-place finish in an MSPT event.

Even so, it's important to recognize when you are on a heater and to plan ahead for the inevitable downswing. I cashed for about $117,000 last year, and 98% of it came in about 25% of the year. That's not a recipe for having consistent money, but it's a reality of life on the tournament scene. If you're instantly turning around and using those winnings for more action, the downer will hit very hard.

We must put away some of our winnings as an airbag for when we hit an icy patch and skid off the side of the road. If not we may incur serious injury necessitating a long rehab period — building back at smaller stakes — and be unable to continue firing.

Messy analogy aside, one thing that heater also brings to mind is that it's critical to work on your short-handed and heads-up games. Leaks in these spots can be immensely costly as these situations come up during the biggest money jumps in the tournament, and it's essential to adjust and fight for every pot so the blinds don't rip your stack to shreds. Securing these pay jumps is crucial to your bottom line as they can be the difference between a comfortable winning year and being in the red.

Perhaps the biggest shock to me was the massive number I wound up seeing at the bottom of the 'buy-ins' column. While playing very much part-time in between working a full-time job, keeping a regular workout schedule, and trying to have some small semblance of a social life, I still spent nearly $80,000 on tournament entries in 2019.

Now, I definitely took some shots, most notably the WPT Choctaw $3,500 Main Event. However, even during just the second half of the year, I spent well over $30,000 with only one small cash.

What that tells us is that we need a fairly sizable bankroll to comfortably play these events. Downswings of $40,000 are relatively routine. Even keeping expenses as low as I did — find yourself a good, trustworthy roommate and grind those short-term rental maps for value — that hits the old wallet pretty hard.

I recall a few years ago someone on Twitter starting a discussion of what sort of bankroll one would need to grind the WSOP Circuit. Numbers like $25,000 were getting thrown around, and to me that's completely unrealistic. I play an admittedly high-variance style, but that would cover two or three stops for me, and it's pretty easy to go that long without a significant cash. If I can fire off $80,000 in a year playing the odd Circuit and MSPT here or there, that's got to be a few months' worth of small-stakes play for guys like Ari Engel and Nick Pupillo.

Basically it's hard out on those live circuit streets to make the numbers work in the end. Maybe if I get a few six-figure scores rolling in I'll change my tune. But I guess for now, I'll be taking Engel's advice: stick to the day job and try to win some poker monies on the side.

• Tags

  tournament strategylive pokerWSOP CircuitMSPTHeartland Poker TourWPTDeepStacksRunGood Poker Seriesbankroll managementROImental game

• Related Tournaments

  World Series of Poker CircuitRunGood Poker SeriesHeartland Poker Tour

Everyday players are sitting down at the tables and consistently making fundamental mistakes because of lack of knowledge, misinformation or failing to maintain focus.

Even just a small strategical adjustment in poker can potentially save you a huge amount in the long run.

In this article we will point out some of the best live and online poker tournament strategy tips you can use to improve your game as quickly as possible.

Tip 1: Play The Right Starting Hands

Whether it be lack of patience, or an unfamiliarity with opening ranges, many tournament poker players still open too wide. This is especially true when it comes to early and middle position opens, where there are still many opponents left to act behind who can be dealt a strong hand.

The problem is when called, wide openers are often at a range disadvantage. Often being dominated by their opponents, they are vulnerable to 3 bets since they frequently won't have a holding strong enough to continue under pressure.

Furthermore, although opening a hand like 7 ♠ 5♠ might at times not be a terrible strategy from early or middle position, speculative hands like suited connectors and gappers, as well as small pairs, work best with deep stacks behind.

These speculative hand types infrequently connect strongly with the flop, so those times they do you want to have deep stakes behind to have the potential to win a huge pot. Modern day tournament structures often only see deep stack play occur during the first few levels of play. This leads us into the next tournament poker tip, being stack size aware.

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Tip 2: Be Stack Size Aware

Effective stack size plays a critical role in a tournament players success.

Having a deep stack, and therefore expanding an opening range to include a lot of speculative suited hands and small pairs is a tournament strategy that is going to be punished if a number of short stacks are yet to act behind. This most notably occurs in turbo tournaments where the average stack size is quite short.

Short stacks will be in push-or-fold mode. Being short, they don't have time to wait and will be looking to take any opportunity they can to move all-in. This high rate of all-ins will leave wide openers frequently being forced to relinquish their hands, without even having the opportunity to try to hit a nice flop. Problematic hands often include; J8s , KTo and weak Ax hands.

It's not just short-stacks that can cause a problem, aggressive players will be looking to attack wide-openers. This is especially true when a player opens with a vulnerable M8-M14 (20bb-35bb) stack. 3 bets get good leverage against this stack size, since continuing in the pot represents committing a significant portion of a players stack.

Wide openers would be wise not to commit a large percentage of their stack with marginal holdings, and so will be forced to fold, or face being in a high-risk situation. Staying aware of your own stacks utility, as well as anticipating how opponents will utilize their stacks, is an important tournament poker tip to keep in mind.

POKER TIP: If you are currently using BB to calculate stack size, here's a look at why using 'M' is a better MTT strategy.

Tip 3: Be Careful Overplaying In The Early Stages

As a stack gets deeper, the less willing a competent player will be to put their entire stack at risk since they have more to lose. It's rare to see good players all-in during the early stages of a tournament with hands like AKo or JJ preflop.

Smart players recognize that their counterparts aren't going to be risking their entire stack with weaker hands like AQo . Therefore, even a strong hand like AK could be at a significant equity disadvantage facing a deep stacked opponents all-in range. Could you fold QQ here?

Rather than putting in an extra raise, often times just calling with even very strong hands in the early stage of a poker tournament has great benefits.

• Allows your opponents to continue with hands they were folding to a re-raise that you have crushed.
• Disguises the strength of your hand and keeps you unpredictable.
• Prevents you from getting all-in facing a super strong range where often times you're crushed.

Tip 4: Continuation Bet Aggressively But Not Always

Players have learnt the value of c-betting, but it's a strategy that is often misapplied. Being the preflop aggressor shouldn't lead to a mandatory c-bet and double barrels.

This is especially true in multi-way pots yet players continue to make fruitless c-bets with weak holdings into multiple opponents.

Even in heads-up situations, key factors to consider include;

• How does the flop texture interact with players ranges?
• Who has the strongest range?
• Who has nut advantage (the biggest share of super strong hands)?
• How passive or aggressive is the opponent we're facing?
• How does the stack size/SPR allow us to operate on the flop and future streets?

The following hand illustrates the effect nut advantage can have on profitable continuation betting and how it applies to this tournament poker tip:

Tip 5: Be ICM Aware

The Independent Chip Model or ICM, is a great model players use to make more profitable decisions when deep in a tournament and especially at a final table.

Unlike in cash games, chip values fluctuate depending on the stage of the tournament and the competing opponents stack sizes. At it's most extreme, ICM strategy can make A♠A♣: an easy fold preflop.

Imagine a situation in a satellite where 9 players get a World Series of Poker entry and there's 10 remaining. The action folds around to a player with 100,000 in tournament chips who moves all in from the small blind. You're sitting in the big blind with A♠A♣: and also 100,000 in chips. You look around and see a few opponents with only 1000 chips left, which is the size of the current big blind. Obviously one of these short stacks is likely to bust very soon.

Obviously one of these short stacks is likely to bust very soon. Moreover the chance that they collectively out survive your 100,000 stack is extremely remote. You'd likely be a 99% chance to get a WSOP entry, so why would you call with your A♠A♣ and risk busting next around 20% of the time?

Aside from calling too wide in spots when the most profitable strategy is to proceed tightly, the opposite can also be true when it comes to pressuring your opponents. ICM allows players when they have the opportunity to assert pressure on there opponents stacks, to go ahead and do so liberally, since thinking opponents counter-strategy is to play a tight range of hands.

Here's an example of how drastically a hand range can change when the opportunity to assert pressure at a final table exists. 5 of the 6 remaining players at the Pokerstars Sunday Millions have 15bb's, whilst the UTG player has a short 2bb stack. Since the 15bb stacks wants to avoid busting out next and missing out on a large pay jump before the immanent bust out of the 2bb stack, the small blind can adjust their all-in range. Instead of the profitably 57% all-in range in normal play, they can move all-in with 100% of hands to apply pressure on the big blind.

Whilst the big blind should adjust their calling range from the regular 36% to just 10% of hands to account for the ICM effect in play.

Live Casino Poker Tournament Strategy Odds

The PokerNerve Road to Success course teaches players how to master ICM situations, which is key to tournament poker success since ICM comes into play as the prizes become significant. If there was only one tournament poker tip that you take away from this article, it's that you need to know ICM!

Tip 6: Bet The Appropriate Size

Strong players are capitalizing on their opponents tendencies to bet too big or too small in a number of different situations. With some similar considerations to that of continuation betting, when selecting a bet size important aspects include;

• Which player's range does the board texture favor?
• Who has the greatest nut saturation?
• How does SPR influence our betting strategy

There are many great articles online about bet sizing. You should be sure to check out ThePokerBank's and the Pokerology's to learn more about this tournament tip.

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Tip 7: Take Equity Realization Into Account

Possibly due to the popularity growth of Twitch, many poker players approach to big blind play has evolved. The current trend is to defend the big blind with virtually any 2 cards, as some top pros elect to do, and the justification for this is taking advantage of the excellent pot odds being offered.

While the inclusion of antes combined with commonly seeing a small open raise size does offer the big blind generous pot odds, this has led to a fundamental flaw in the way many players approach big blind play in poker tournaments. The key concept overlooked, is equity realization.

Equity realization reflects a players ability to take a certain hand, and win their share of the pot, frequently enough, to make it profitable in the long-term. Although some top pros have the ability to win their equity share of the pot even out of position, less skilled players rarely do. This leads to a large chip loss in the long run.

It is quite difficult to realize of your equity when out of position, with no initiative and a weak range. This means them glorious odds you are being offered aren't quite as good as you think!

The following article explains this crucial tournament poker tip in more detail; Equity Realization.

Tip 8: Don't Miss Double And Triple Barrel Opportunities

Live Casino Poker Tournament Strategy Games

'One and done' is the plight of many aspiring tournament poker players. Everyday at the tables I see players missing profitable opportunities to double, or even triple barrel. Understanding what turn and river cards are advantageous to a players range, along with opponent tendencies, are crucial parts of a winning barreling formula.

The most common scenario at the table, is a heads-up pot where the big blind calls an open-raise. And this happens to be a great spot to barrel. Big blind defenders have a wide range, and it's important to pressure this wide range, especially on only partially connected board textures with one or multiple high cards.

RedChipPoker has a great article on spotting profitable double barrel opportunities which you can read here: THE +EV DOUBLE BARREL GUIDE

Tip 9: Check-Raise More Flops

The biggest difference between the current tournament population, and the future generation, will likely be their approach to check-raising the flop. This opportunity typically occurs in a heads-up pot, after defending the big blind verse an opponents raise.

Currently, MTT players only check-raise the flop in this situation around 7-8% of the time, when closer to 20% is a more optimal strategy. On certain flop textures, check-raising close to 25% of the time is an extremely profitable strategy. And if players are getting out of line with their c-bets, then check-raising at an even higher frequency could be a profitable exploit.

By giving up too easily on a wide range of board textures, or taking a more passive approach and simply calling, c-betting can be done with reckless abandon. However, by selecting a nice mix of check-raising hands, combining some strong hands with some good semi-bluffing candidates, a check-raiser can become tricky to play against and exploit the average players tendency to over c-bet.

POKER TIP: Applied correctly and check-raising becomes a super powerful weapon in your arsenal leading to more profitable poker results. But also think beyond the flop, there's plenty of check-raising opportunities you may be missing. This video demonstrates an interesting turn check-raise situation.

We discuss check raising strategy in more detail in our post over on unfeltedpoker.com.

Tip 10: Develop A Good 3betting Strategy

Whilst 3 betting aggressively is a strategy many players employ, especially in online poker circles, failure to apply optimal 3 betting strategies has certainly led to a lot of spewy poker. Simply attacking opponents who are suspected of opening wide doesn't cut it in the modern poker world.

Players have learnt to deal with 3 bets more profitably, by mixing in some calls with timely 4 bets. Moreover, the role stack size plays when it comes to 3 betting it still largely misunderstood by much of the poker community.

Sure there are certain stack sizes where 3 bets gain a lot of leverage, but how about the role blockers play? And when is 9♦7♦ a better 3 bet candidate than K♦T♠ ? These are just some of the considerations when it comes to a profitable 3 betting strategy. See how to design strong 3betting ranges in this article by Donkr.

Bonus Poker Strategy Tip: Avoid and Deal with Downswings

As a poker player you want to earn your money as easily and as stress-free as possible right? Well, understanding ROI, variance and bankroll management can help (see TopPokerValue's article on bankroll management).

All poker players at some point experience downswings. In some cases, this can affect their play, volume or state of mind.

You'll be miserable, hating poker, playing less and earning less per tournament as your play will suffer.

Along with finding ways that work for you to keep a positive mindset, taking pro-active steps can help keep you confident by knowing you are dealing with the situation like a professional whilst at the same time taking positive action to get back on track and winning.

What is ROI and variance?

Every tournament you enter has an EV associated with it. So if you enter a $10 tourney, as a good player maybe you have a 30% ROI, so you make $3. So it doesn't matter whether you brick that tourney or win it for $5000, you make $3 in the long run.

Now, of course, you don't make $3 each time. 80-85% of the time you lose that $10, some percentage of the time you win a little bit, and some very small percentage of the time you win a lot. How small those ‘small percentages’ are primarily depends on not only your skill edge, but also the field size which is an extremely important concept that is often ignored.

Variance is a factor of two things:

1) Your edge

2) The field size

Maryland Live Poker Tournaments

Example 1)

You play the Hot $55 which has $30K guaranteed, every day for a year on Pokerstars. It has 1600 runners and you have a 5% ROI, because turbo ROIs are small. Your average yearly profit is $605 however you will lose money on the year 55% of the time.

Example 2)

You play a $20 tourney with $3K guaranteed on a softer site every day for a year. It has 200 runners and you have a 30% ROI, because it's a normal speed tourney and you’re against an easier field. Your average yearly profit is $2400 and in this case you lose money only 12% of the time.

A lot of people would look at those two tournaments and make a decision based on the buy-in and 1st place prize money as to which was better to play, and it would be grossly wrong. Once you accept all the above, you realise that the 'up top' number is largely meaningless.

Yes, on the same site bigger fields may mean a lot of fish have registered to play, but you'll find a lot of small field, soft, non-peak hour tournaments have a great pro-to-fish ratio and hence are great value. Of course once you consider other sites that have smaller fields, you'll often find they are a better choice than what might be running on Pokerstars.

So what can you do?

When players start losing money and along with that, confidence, not only does their game deteriorate but they often compound that problem by failing to make rational decisions. Often losing players, or players on a downswing, go 'bink chasing' and decide to take a shot to win all their money back in one tourney. Or load up some quick $82 hyper-turbos to try to turn it all around quickly.

People get overly fixated on what's 'up top' and wanting to score big in one tournament. That’s a sure-fire strategy to fuel a down swing. If your house got knocked down would you try to slap it back up in a week? Take that opportunity to rebuild a better, stronger house.

Make sure you're adding in some study and keep focused (see Sky's Matsuhashi How To Study Poker series), and stay fresh and positive as you approach each session. Be smart and get back into profit quicker instead of enduring a 6-12 month variance rollercoaster!

Closing Words On Tournament Poker Tips

Poker is a multi-faceted game which makes it fun but challenging. Challenge yourself to factor in the relevant concepts, and make more profitable decisions. Tighten up from the big blind, and in general around the table. This tip often quickly improves a new players results, or those that have a got a little sloppy with their play.

Calculate stack size using 'M'. Always be aware of your own, and your opponents stack sizes so you don't get yourself caught in awkward situations. One awkward situation that often comes up is when you hold an overpair to the board and an opponent puts the heat on you. Don't be afraid to make big lay downs to preserve your stack, especially in the early levels.

Be aware of your cbetting frequency. There's no need to waste tournament poker chips cbetting every time, especially when the pot is multi-way. Pick your spots to make profitable plays. Remember when it comes to the final table, regularly profitable playing ranges might alter due to the payouts. ICM is the key when it comes to those final big decisions.

Another key to success is knowing when to fire multiple bullets at your opponents. Barreling, especially against a wide big blind range can really help increase your non-showdown winnings. Finding ways to accumulate chips without always having the best hand is what top players do. This is why check-raising and having a good 3 betting strategy is so important. Correct use of these strategical concepts and the other tips outlines will get you winning more at the tables.

Now that you've acquired some great holdem tournament strategy tips to help you achieve MTT success, go out there an implement them!

One of the quickest way to improve your poker game is to take on a poker coaching, a course or join a poker training site; if that is something that interests you be sure to check out the PokerNerve road to Success Course for some advanced poker tournament strategy or you can check out HowToPlayPokerInfo's guide on poker training & poker courses to find the right option for you.

Any other poker tournament strategy tips? Leave them below in the comments, we would love to hear them!

Best Online Poker Tournament Strategy