Multi-Table Poker Tournament End-Game Strategy Part III: The Final Table

Part I: The Money Bubble
Part II: The Final Table Bubble

Reaching the final table of a poker tournament is very exciting. You have outlasted the entire field of players, and now it is down to 9 to play for the big first place prize. As I detailed in the previous articles, the main objective to maximize your profit in tournament poker is to win the entire tournament. The top prize is reserved for first place.

Read more of this post

My Complete Poker Manifesto, Part IX: Tournament Poker Approach

mike matusow at foxwoods casino

Mike "The Mouth" Matusow

Part VIII: Cash-Game Approaches

My main focus as of  late has been in tournament poker.

Tournament poker is a completely different animal then its counterpart, cash games.

Being a successful tournament poker player requires the desire and focus in winning THE ENTIRE TOURNAMENT. The biggest cash prize goes to the winner of the tournament barring a final table chop deal.

To maximize your return in your time investment, you have to play for first place. Read more of this post

How to Manage a Poker Bankroll

Your Poker Bankroll: Manage it, or Lose it.

In poker, you have one lifeline, your bankroll.

Without it, you can’t buy into any tournaments or cash games.

For this reason, the most important thing as a poker player is to protect your life. Protect your money by learning how to manage it correctly.

The basic rule of thumb in bankroll management is to not put more than 5% of your entire bankroll into a cash game or single table sit n go. For multi-table tournaments, you should not be putting more than 1-2% of your roll on the line for a buy-in.

Under these rules, if you have a bankroll of $10,000, you should not be buying in to any cash game for over $500 and no tournament over $100.

At times, there will be opportunities to stretch these limits slightly but only if the games are VERY JUICY and you know you have an advantage.

Even having an advantage in a game doesn’t GUARANTEE that you will win. Luck is always a factor in poker and if you get unlucky, it can take a huge chunk out of your roll that you will slowly have to rebuild.

I will take shots in multi-table tournaments for up to 5% of my roll if I see that the player list is very weak. I want to invest in games I know I have the opportunity to make a lot of return on my investment.

The downfall of a lot of successful players is not managing their roll correctly. They hit a big score in a tournament and then dump it off in the cash games. Keep in mind, as the stakes get higher, the competition gets better.

I use a program called PokerTracker 3 to track all of my winnings and statistics of each of my individual opponents at the tables.

With PokerTracker, I can see how much I have won/lost at a certain stakes so I can determine my long term average win rate. If you are not beating a certain stakes after 10,000 hands, you will probably never beat it until you improve your game.

Find the stake that nets you the best return, and stick to it to build your roll.

You will lose money and win money on any given day depending on a variety of factors. ALWAYS manage your roll and make sure you are playing your A+ game or don’t bother sitting down. If you are not in the right mental state, YOU WILL LOSE MONEY, and losing money causes a lot of people to LOSE EVEN MORE MONEY. They like to chase their losses hoping to win their money back and in the process, rip their entire roll to shreds.

INCORRECTLY Manages a Bankroll

Just ask Viktor “Isilidur1″ Blom about bankroll management. This gentlemen might be one of the top 5 No Limit Hold’em players in the world, but he simply cannot manage a bankroll.

I am sure he is being staked and he makes some money from his Pokerstars sponsorship, but he is the complete opposite of an example of how to manage a bankroll!

Blom has won $5,000,000 in a week, then lost it all the next.

He is a complete sicko, but that is what separates him from the others at the high stakes.

His problem like many others is TILT.

He goes on big winning streaks, but can’t cut off his losing streaks.

He is only 21 years old, so I don’t blame him.

It must be tough being a millionaire at his age!

If you are serious about developing your game, I suggest checking out some of my other articles I have written:

The Poker Trance: The Ultimate Poker Mindset

Top 10 Reasons You Should Play Poker

Top 5 Reasons You Lose at Poker

My Multi-Table Tournament Strategy

Booking The Win at Final Tables

The $3,000 Guarantee Final Table Takedown

Top 5 Heads-Up No-Limit Cash-Game Strategies

How to Develop Into a LAG (Loose-Aggressive) Player

My Most Profitable Session of Online Poker

Using a Rubberband To Squash Negative Thinking Patterns

Good luck at the tables! :)

“Leveling” Opponents in Poker Tournaments

“Leveling” is a term coined by many poker players as a process of outsmarting an opponent through deductive reasoning and logic.

You try to determine where your opponent stands in a current hand, their current mind state, what they think about your holdings and how much you think this tournament and more importantly the money truly means to them.

All of these are factors if you want to exploit your opponents with aggressive moves deep in big tournaments.

The King of Leveling

As tournaments get deeper, the prizes get larger and many players start focusing on the different pay jumps at different levels.

I am only concerned about winning the tournament, and I will make moves that look super stupid to the average player, but I have to take calculated risks if I want to succeed long-term as a player.

I am willing to lose 20 straight tournaments to book a win in the 21st because the prize for the 21st will completely outweigh the buy-ins I spent on the other 20.

Because of the increasing blind levels in comparison to chip stack sizes, you have to attack pots and add to your stack or you will blinded out and have to rely on luck to stay alive. For this reason, I like to turn up the aggression as the final table approaches.

In order to effectively exploit opponents and “level” them, you need to develop a good read. You need to focus on how players act when you are in a hand, and while you are not in a hand. If you focus on anything except what is going on at the table, you lose the chance to pick up valuable information and tells.

Little details count, even how an opponent stacks his chips can help you determine what type of player they are. You have to size up your opponents if you want to make big moves to take down big important pots in the late stages of tournament play.

As I have talked about before in my previous articles, putting your opponent at a decision for every chip in front of them is the strongest move in tournament poker. Many players are afraid to bust their tournament life, and they are less likely to gamble. Finding these opponents and exploiting their passiveness can net you some easy chips to add to your stack.

There are times where I will shove all in with any two cards if I determine the remaining opponent or opponents in the pot to be weak and passive. 95% of the time they will fold unless they have AA,AK,KK,QQ,JJ and sometimes 10,10. Many players are afraid to even gamble with hands such as 99,88 and lower pocket pairs for their tournament life in spots where I will snap call with these holdings against another opponents all-in shove. Even against AA, my hand is never dead and there have been times where I shove J6o and crack aces by hitting two pair or a set.

No hand is ever 100% pre-flop, so you always have a chance to win. You never are getting your money in dead preflop.

You can also exploit solid aggressive opponents as well.

If You're Not First, Your Last.

Many good tournament players will open any two cards in late position hoping to take down the blinds and antes and add to their stack. If I am sitting behind them and I know them to be doing this, I will re-shove all-in over their initial raise. Deep in tournaments, you are usually sitting with 10-25 big blinds which is the perfect stack size to make this aggressive move. Your opponents will be forced to fold their mediocre holdings and you pick up their initial raise along with the blinds and antes barring an opponent behind you waking up with a big hand which wont happen as often as you think.

Picking good spots to take calculated risks to add to your stack is absolutely essential if you want to win big tournaments. You simply cannot sit back and wait for aces if you want to win. You might min cash with this strategy, but who cares? If you spend $100 on a tournament to just win $250 for a min cash you are leaving a lot of value on the table. You should be shooting for the first prize which could be in the $10,000s.

One big tournament win can change your life financially.

Why would you settle for less than first place?

Top 5 Tools For Multi-Table Tournament Grinders

With the growing popularity of online poker in recent years, many players have found their way onto the internet to compete in online poker tournaments.

Notoriously, Sundays are the biggest day for online tournaments.

To follow my tournament progress, click here.

With tournaments running around the clock with buy-ins ranging from $1-$1000, there is a tournament for everyone to play regardless of bankroll restrictions.

At peak times on Sunday, I will have almost every tournament open that I can afford with my bankroll, and that means I might be playing 20-24 tables at a time.

Due to the increased workload, it is necessary for any aspiring tournament grinder to have the following 5 tools in order to succeed:

1. Workstation

Multi-Table Madness

If you are a serious tournament player, you are probably going to be playing more than one table and tournament at a time and in my case, you might be playing 20+.

Managing 20+ tables is impossible without a huge monitor, or multiple smaller monitors. I use a 24inch monitor with tables overlapping each other. When I have to act on a table, the table will pop to the front.

I like to sort tables out by blind levels/buy-ins so I know quickly which tournaments are more important. As I get deeper into some events, I might isolate certain tables in a corner of the screen so I can focus strictly on one of them while auto piloting the other tournaments that aren’t as important at the moment.

It is important to get yourself a reliable internet connection and a fast processor if you want to be playing this many tournaments at once. If you have an older computer, I wouldn’t recommend firing up too many tables due to the fact that your processor might not be able to handle the poker software when it has multiple tables running.

2. Flexibility

Portability is a Necessity

Being flexible means that if your main workstation breaks down for any reason, you have a backup plan. A backup plan would include a separate computer, maybe a laptop, that you can play on if anything goes wrong with your main rig.

Portability is important because if your internet connection drops out, you will have to move to another location to resume play.

If you don’t have a backup plan and something wrong happens, you will lose your buy-ins for the tournament and eventually be blinded out as the tournaments continue to run with you having no way to play.

There have been times where I have been extremely deep in tournaments, only to have my internet cut out for periods of time. It sucks but if you have the option of portability, you can remedy the situation quickly and get back up and running within a few minutes. It shouldn’t be too hard to find another network to go on because a lot of public places offer free Wi-Fi nowadays.

3. Water

You Can Never Drink Enough Water!

I can’t stress enough how important it is to stay hydrated. If you know me personally, you know how much water I will consume during a long session. It probably is close to 2 gallons of water in a 10-12 hour period.

Because your brain has to process so much information and actively think during the whole process, it needs fuel to keep running.

Without proper hydration, you might experience headaches and lack of focus due to a low tank. Make sure to have plenty of water available during your sessions, and load up the tank before you even decide to play. On most sites, you will have a synchronized break every 5 minutes at the top of the hour, so there will be plenty of time to pee when you need to, don’t worry.

4. Meditation

Train Your Mind To Focus!

Probably one of my favorite things to do before, during, and after long poker sessions.

With meditation, you can train your mind to focus on the task at hand, and also be immune to losing focus due to the fact that you won’t care as much about bad beats when they happen.

When I first started playing poker, I would be emotionally affected by bad beats. With my meditation practice, that is no longer the case.

I can sit and play for long periods of time without focusing on the outcome. Instead, I focus on making good decisions knowing the outcome is partially controlled by luck.

Sometimes that luck won’t be on my side, and if that is going to affect you emotionally, you are going to stop making good decisions and will probably bust more tournaments than you win.

5. Music

Your Favorite Music Makes Poker More Enjoyable!

Music is great for making long sessions more entertaining. When I put on music during poker sessions, I tend to slip into a trance.

This trance helps me stay focused, and also stay upbeat as I am playing so I am alert and aware of everything that is going on.

The type of music doesn’t really matter, that is all based on personal preference. Either way, I like to have my music at a very loud volume to get completely lost in the game and eliminate side distractions.

If you are serious about developing your game, I suggest checking out some of my other articles I have written:

The Poker Trance: The Ultimate Poker Mindset

Top 10 Reasons You Should Play Poker

Top 5 Reasons You Lose at Poker

My Multi-Table Tournament Strategy

Booking The Win at Final Tables

The $3,000 Guarantee Final Table Takedown

Top 5 Heads-Up No-Limit Cash-Game Strategies

How to Develop Into a LAG (Loose-Aggressive) Player

My Most Profitable Session of Online Poker

Using a Rubberband To Squash Negative Thinking Patterns

Good luck at the tables! :)

Using a Rubberband To Squash Negative Thought Patterns

This was a clever little idea that I took from poker mindset trainer and life coach Sam Chauhan.

Sam Chauhan

Sam is a mindset trainer that many professional poker players have gone to and swear by. Sam has an extensive list of clients including non-poker pros as well. After working with Sam, many professional players have had some great runs in tournaments that they credit Sam for helping them with.

Big poker tournaments can span over many days and it can be extremely hard at times to focus on the game for that long. One lapse of judgement can cost you your entire tournament and investment of time.

An excerpt from an interview with Sam:

What are some of the techniques you use to help people overcome this?”

Chauhan: “I’ll give you an example. A lot of people have negative thoughts while they’re playing or negative thoughts in general. And hey, we go through challenges, we’ve all gone through challenges–especially with the way the economy has gone over the past few years. But, negative thoughts don’t really help you. Negative thoughts actually push you deeper into depression. So one of the techniques that I show people is to have them put a rubber band on their wrists. And as soon as they have a negative thought about something I instruct them to pull back the rubber band and snap it. What happens is the brain has to focus on the pain of that wrist, so it has to get away from that negative thought, and now you’re consciously aware that the reason you have pain on your wrist was because of that negative thought, which forces you to think more positive. That’s one way where you can break that pattern instantly. And if you do this constantly, your brain will begin to change your thought process about these bad thoughts. It’s a technique that has worked really well for a lot of people I’ve worked with.”

I have personally tried this and it certainly does work.

I am able to stay focused at the tables longer and I don’t care as much about getting unlucky as I used to. When I first started playing online poker I probably broke close to 5 mice after taking some really nasty bad beats.

No longer does that happen.

I don’t even get upset anymore, at all, ever. Poker is game that relies on luck and I have gotten over the fact that I will get unlucky in the worst ways sometimes.

The rubber band technique has also worked for me in other various aspects of my life. Any time I have a limiting belief about myself such as “I can’t do that!” or “That’s way too hard!” I snap the band as hard as I can to tell my brain that those thoughts are no longer welcome in my head and if they arise again, you will have to experience a nice little pluck my from my friend on my wrist.

Don't Worry, Be Happy!

An added element to this method that I personally added is every time I pull the band, I think of something I am thankful for. This replaces the negative thought with a positive one, further increasing my positivity level throughout the day.

I also think of something I am thankful for every time I notice the band on my wrist. If you think of how many times you look at your hands during the course of the day, you can see how many times you have the opportunity to think positive.

I have been able to rewire my mind to be almost 100% positive at all times.

There are still times when I pull it but it certainly isn’t as frequent as it used to be.

Give it a shot.

Put a rubber band on your wrist and try to notice when you have a limiting belief about yourself. Give it a good pull and make sure you feel it to get the full effect. Your little monkey brain will be tamed, and you can instill a powerful empowering belief system!

The $3,000 Guarantee Final Table Takedown

After having a brutal unlucky downswing in Lock Poker multi-table tournaments, I finally booked a win in a $3 rebuy buy-in turbo $3,000 guarantee good for $672.22.

I also played a total of 33 other tournaments today with a total of $ 2,668.87 in profit after the evening was over.

A Breakdown of Each Tournament

This was my best day of online tournament poker to date.

I treat poker as a business venture, and this investment netted me a ROI (return-on-investment) of 7,369.11%. I invested a total of $9 into this tournament. The tournament saw 339 players register, rebuy, and add-on creating a total prize pool of ~$3,200 exceeding the $3,000 guarantee from Lock.

We start with 1,500 chips and blinds of 15/30. You are allowed to add-on an additional 1,500 chips at any time you are at 1,500 chips or below for another $3. At the first tournament break, you are allowed to add-on an additional 2,000 chips for $3.  I always take this option immediately before the tournament starts, and I always take the rebuy option at the break. If you are trying to win one of these wild turbo tournaments, you would be stupid not to.

There was actually one time where I folded POCKET ACES in the small blind when it was folded all the way around to me in the small blind. I did this because I don’t think the big blind ever has much of a hand and he will probably fold if raise giving me a meager 30 chips that will prevent me from being able to add-on another 1,500.

Since a lot of players usually add-on right at the start, I think this option should be take 100% of the time.

With a 3,000 stack, I can potentially double up early with a big hand and be sitting with 6,000.

When I have the biggest stack at the table, I like to play SUPER aggressive to slowly build my stack for the money bubble where I can exploit that aggression even more. I want a big stack because I can steal a lot of blinds and force players to play hands and play back at me. When they play back at me, my hope is to eventually have a big hand where I can bust them.

Because my table image is that of a maniac, I can steal blinds frequently and get paid big on my good cards. This is ABSOLUTELY essential if you want to be a good tournament player and make deep runs to the final table.

It was a pretty wild tournament and I can say I definitely got lucky in a lot of spots but that is because I like to take gambles for a big stack. I don’t mind ever losing a tournament because I feel I need to take calculated risks to have a big stack for the final table.

I am only interested in first place and the big pay out, anything else is just a nice consolation prize.

This is the mentality you MUST have if you want to be a long-term winner in large MTTs (multi-table tournaments).

I went into the final table with about 250,000 in chips and the blinds already at 10,000/20,000. In this scenario, it is basically shove all-in or fold pre-flop. I never got any sort of hand to shove all-in with in the early stages and I was down to about 130,000 at one point.

I was able to get lucky and double up with K-Q vs A-4 by hitting a king on the turn and getting back to 250,000. At this point there was six players left with the biggest stack having ~450,000 chips.

The blinds were moving up rapidly every 7 minutes because it was a turbo tournament. Usually, the blinds increase every 10 minutes or every 15 minutes for bigger buy-in events.

You simply have to get very lucky in these tournaments to win due to the fast blind structure. I played solid the whole tournament not ever getting out of line and picking good spots to get my chips in on the way to the final six.

I was able to add to my 250,000 stack by knocking out a player with 180,000 with A-10 vs A-4 to bring us down to the final 4. The blinds were now at 15,000/30,000 with a 1,500 chip ante each hand.

The fourth player was quickly eliminated and we were down to the final 3 when I was dealt A-K of hearts in the small blind. The button shoved K-9 of diamonds for a bout ~420,000 chips and I snap re-shoved all-in and caught an ace on the flop.

I was now sitting with over 900,000 chips and my remaining opponent had about ~500,000 chips left.

Blinds were now at 20,000/40,000 with a 2,000 chip ante so this was going to be a quick heads-up match with us most likely getting all the chips of the tournament into the middle pre-flop.

The Million Chip Stack

After 4 hands of all-in shoves and folds, I was sitting with 1,000,000 chips for my first time ever in a MTT. If I lost this, I wouldn’t care, one of my goals was to hit this milestone this year.

On the fifth hand, I was dealt A-4 of hearts on the button. My opponent shoved his remaining chips in with Q-10 off-suit and I snap called hoping Lock Poker would make it quick with an ace on the flop. I got my wish, and I hit an ace in the window. The board ran dry, and I was left with all the chips in play and the first-place payout of $672.22.

Pole-Position

It was a fun tournament no doubt, but I was also able to reach another one of my goals which was to take a small buy-in rebuy event down. These tournaments have been my bread and butter on Lock Poker due to the fact that the action is extremely wild and if you are patient, you have a good chance at building a good stack for the late high blind levels and eventually the final table.

The Top 18 Tournament Payout Structure

I have finished 3rd and also 2nd in a $3 rebuy for $300 and $500 respectively over the course of this year.

I knew eventually I was going to take one of these crap-shoots down.

For now, I am satisfied with my play but my tournament game needs further improvement.

I have noticed myself losing focus on some tables when I am playing a dozen or so at a time.

I will usually always have a tournament with a big chip stack and I tend to focus too much on that one rather than building in the other ones. I will have to take more time for decisions and start making better plays if I want to maximize my profit in the long-run.

I won a satellite ticket to the $215 high-roller event and I will probably be stabbing at that tomorrow afternoon in hopes of an even larger score.

A score that would define my tournament poker career.

How to Overbet For Massive Value

In no-limit hold’em, you have the option to bet as many chips as you want in any betting round. You can make a bet, and put an opponent at a decision for every single chip in front of him. While I feel this is one of the most valuable moves in multi-table tournament poker, in this article I will discuss how to make larger than normal bets in cash games to throw you opponents off, and ultimately land you more profit.

In most cash games, you will find players who make bets that are only a portion of the pot. In most cases, this is your best option to give your opponent good odds to call you with an inferior hand. In most cash games, I usually make bets anywhere from the full size of the pot to 1/4 of the pot depending on the situation, if I am bluffing, or betting for value with a good hand.I will size my bets based on opponents tendencies and a variety of other factors including stack sizes and the action in the hand. Read more of this post

Booking The Win at Final Tables

Final tables are the most fun and exciting aspect of tournament play.

You have outlasted the entire field to this point and now big prize money is on the line.

As I talked about in my previous article about multi-table tournament play, I want to enter the final table with as many chips as possible.

I am only interested in first place and the big first place payout.

The money bubble and the final table bubble are where I like to pick up a lot of chips. A lot of players play way too passively at these times not wanting to risk their tournament life and be the “bubble boy.”

For this reason, I like to increase my aggression even more and steal blinds and antes without many players playing back at me with less than premium hands.

I like to try to build as big as a stack as possible for the final table so I can dictate the pace of play right off the bat.

I will feel out who the good tournament players are and exploit any weak players who happened to get lucky and reach the final. Because of the big pay jumps as each player gets eliminated, a lot of inexperienced players will not be willing to gamble for their tournament life.

This is something I take into account and try to exploit as much as possible by putting people at decisions for their entire tournament.

I want to be the one putting players at decisions instead of being forced to play the guessing game. It is convenient to be one of the chip leaders because you don’t face elimination if you get it all in against another shorter stack. You are able to take more calculated risks which can help you keep adding chips for the later stages of play that will determine who gets the biggest payday.

Position is of utmost importance as you want to be the last one to act on each street being able to see how your opponents acts before you have to make decisions.

With a bigger than average stack, I will be extremely active in position raising and re-raising players who I feel are opening light trying to take down blinds.

Using a positional advantage, I don’t always need strong cards to take down pots. When I do happen to pick up a monster, I am hoping that my table image will get me paid off. When I appear to be a maniac, players wont be able to put me on a hand, netting me more profit when I do have a big hand and someone plays back at me.

You have to be able to switch gears often and be adaptable to different situations during the final stages. When your stack is under 10 big blinds, it is best just to shove all your chips in the middle before the flop and hope to get lucky and double up.

With 10 big blinds, you still have fold equity meaning when you go all in, players aren’t getting great odds to make a call without a good hand allowing you to steal some blinds and antes. If you get called, you can still win and double up so aggression is still key even with a small stack.

Final tables are definitely a lot of fun and knowing how to play them correctly will ultimately net you some good cashes and hopefully some wins.

While luck is still a big factor like anything else in poker, you are able to control when you want to gamble for chips. This is especially true when you have a bigger stack as you wont face elimination so building a stack by being aggressive before the final table is extremely important.

More Poker Strategy:

The Poker Trance

Developing a LAG (Loose-Aggressive) Strategy for Maximum Profit

My Multi-Table Tournament Strategy

Top 10 Reasons You Should Play Poker

Top 5 Reasons You Lose at Poker

How to Overbet For Massive Value

How to Play AA For Maximum Profit

Additional Strategy, Sports Betting:

The Three Tenets of Profitable Sports Betting

My Multi-Table Tournament Strategy

I have decided to take a break from cash games and work on developing my tournament game, in particular, small buy-in, large player pool events.

The beauty of these tournaments is that they are filled with inexperienced players who don’t know how to play large tournaments correctly. For a small buy-in, you can land a huge payday if you make the final table, and more importantly, win the entire tournament.

My only goal in a tournament is to win. All the big prizes are at the final three spots and first place usually is awarded anywhere between 17-38% of the entire prize pool depending on how large the tournament is.

For this reason, I like to try to accumulate a big stack early so I can put a lot of pressure on my opponents and accumulate even more chips allowing me to play increasingly more aggressive as the tournament gets down to the money bubble.

The money bubble is what will usually define the rest of my tournament. I will either bust quickly or end up in a top spot if I can abuse the weaker players and build a huge stack in the process.

No one wants to go deep into a tournament only to bust out right before the money. This is completely the wrong mentality that too many players have which makes them extremely exploitable.

If I have a big stack on the money bubble, I am willing to open almost every pot with any two cards. It is amazing how many times it will fold around and I pick up the blinds and antes which get increasingly higher as we progress through the tournament.

It is tough for the smaller stacks to play against a big stack especially when I am playing super aggressive and keeping them off guard. I let them play the guessing game while I apply the pressure forcing them to pick up a monster hand or donate me plenty of blinds and antes.

Putting someone at a decision for their entire tournament life is one of the strongest moves in tournament poker.

The dynamic of the blinds increasing at a certain time interval makes it even more essential to accumulate chips or you will find yourself blinding out with little hope of rebuilding a stack.

With less than 10 big blinds, you are forced to shove all-in preflop with a wide variety of cards hoping to get lucky and double up or steal a few blinds.

Without 10 big blinds, you have limited fold equity when you go all in meaning many players will be willing to call your shove with less than premium holdings limiting your ability to steal blinds effectively.

Aggression is more important than the cards you hold. You simply cannot sit and wait for good cards because they don’t come as often as you think.

You have to get in there and gamble. You have to define each players breaking point and how much heat their hand ranges can take.

Sometimes I am willing to bluff my entire stack off if I know there is a good chance the other player will fold and I can take down some crucial pots.

This type of fearless aggression is necessary if you want to succeed in large tournaments. Your table image will be that of a maniac helping you get paid off on your good hands as well. Players will start playing back at your bets and raises and when you wake up with a good hand, you can potentially send them packing.

What I love about tournaments is the dynamic of the blinds raising, people switching tables and players playing too scared to bust out. It creates a necessity to be constantly adaptable to the changing dynamics and adjust your play accordingly.

Tournaments are a lot more exciting that cash games as well.

Cash games generally are very tedious and boring without a changing dynamic. For this reason I like to play a lot of tables at one times and play a set loose aggressive strategy that doesn’t vary very often.

I play them purely for profit rather than enjoyment. Tournaments can get very exciting at the end and they force you to stay focused and play your best if you want to win.

As of right now, I am playing as many tournaments on Lock Poker as I can on my free time. I have had some good runs and cashes so far with a few wins along the way while fine tuning my game in preparation for bigger events that I have won satellites into. If you would like to follow my tournament progress,Click Here.

More Poker Strategy:

The Poker Trance

Developing a LAG (Loose-Aggressive) Strategy for Maximum Profit

How to Play AA For Maximum Value

Booking the Win at Final Tables

Top 10 Reasons You Should Play Poker

Top 5 Reasons You Lose at Poker

How to Overbet For Massive Value

Additional Strategy, Sports Betting:

The Three Tenets of Profitable Sports Betting

Top 5 Reasons Why You Lose at Poker

Poker is not an easy game.

It has been said that close to 90% of people that play poker are long-term losing players.

Why is this?

In this article I will outline the top 5 reasons why an overwhelming majority of players don’t show a profit in the long run. This article  is geared toward short-handed 6-max No-Limit Hold’em cash games, but generally can be applied in tournaments as well.

5. You play far too many hands out of position.

A flaw that many players have is they play far too many hands out of position. When you play out of position, you give your opponent the advantage of seeing how you act before they have to act.

This gives them an informational advantage and can use that advantage to exploit you. I am a huge advocate of playing in position and I think it is more important then the cards you hold. It is a lot easier to deduct an opponents hand range when you are in position and this will enable you to pull off more successful bluffs and more importantly maximize your value bets when you have a good hand.

One of the best poker players Phil Ivey has been quoted saying “he would not even want to play his grandma out of position.”

 4. You don’t make smart bets.

Making proper bets is essential to be a successful no-limit player. You want to maximize your value on your big hands and defend your hand properly when it is vulnerable to being drawn out against.

You don’t want to give your opponent good odds to chase his hand when you have him beat already. When you make a big hand, your main goal is to take your opponents entire stack. To do this, you have to size your bets properly on each street so it is easy to get stacks in on the river without over betting the pot.

I notice a lot of players with big hands bet too small because they don’t want to scare their opponents away.

Likewise, they also try to bluff with small bets that give their opponents good odds to look them up. Missing value in bets is the same as losing money and in the long-run it will negatively effect your win rate.

3. You check/call more often than bet/raise.

Most good players are very aggressive. They would rather bet or raise than simply check or call. Aggression is key for a winning poker player.

It gives you initiative to pick up pots when you don’t have a hand and it allows you to maximize value on your made hands. It also makes it hard for opponents to develop good reads on your play because you are always betting and raising and they will often be confused by what those bets and raises mean when you do it in a controlled aggressive fashion.

When you only check or call, you give your opponents the opportunity to take pots away with their own aggression, and you lose value on your good hands by not raising. Timed aggression is key, and it can win you more pots than by playing too passively.

2. You don’t practice proper bankroll management.

Proper bankroll management is essential if you want to play winning poker.

Without a proper bankroll, you will eventually go broke.

Luck plays a big factor in poker and a bad run of cards can wipe out your entire bankroll if you don’t manage it properly. Standard bankroll management says that you should not put more than 5% of your entire roll in a single cash game or single table sit-n-go tournament and no more than 1% of your entire bankroll in a multi-table tournament.

Even the best players in the world would go broke in the long-run if they didn’t abide to these rules because of the natural variance of the game. The more buy-ins you have for a single game, the better and there is no such thing as being too conservative with your bankroll.

1. You are prone to tilting. 

Tilt is quite possibly the biggest bankroll killer in poker. Tilt occurs when your play deteriorates due to your emotional state.

This can result from a string of bad beats, losing big pots and not being in the right mental state during your poker session. During a session, there should be no other focus besides poker. Any lapse of focus can cost you money.

Tilt causes you to lose focus and concentration. You may begin to make bad decisions to chase losses or simply due to the fact that you are not playing level headed. You cannot be results oriented in poker. Being results oriented will make you disappointed when you lose a pot you were supposed to win. You have to focus on making the proper decision regardless of the outcome. Letting your emotions factor into your play at the tables will ultimately negatively effect your results.

 Work on eliminating mistakes to improve your overall game and bottom-line:

Solid winning players have put in a lot of time into studying the game and more importantly applying good strategy and observation to their play at the tables. They carefully analyze their play and are brutally honest with themselves about where their skill level compares to their opponents. They wont invest in games they know they simply cant show a profit in.

Simple mistakes will cost you money. Eliminating mistakes is essential for any aspiring player. In the long run, if you make less mistakes than your opponents, you will come out ahead. Poker is a long term game and should be treated that way.

Your results in the short term should have no effect on your emotional state if you can come to terms that eventually you will come out ahead if you are making correct decisions. Studying and evaluating your own play and eliminating the common traits of losing players will propel you in the right direction and net you a profit in the long run

More Poker Strategy:

The Poker Trance

Developing a LAG (Loose-Aggressive) Strategy for Maximum Profit

My Multi-Table Tournament Strategy

Booking the Win at Final Tables

Top 10 Reasons You Should Play Poker

How to Play AA For Maximum Profit

How to Overbet For Massive Value

Additional Strategy, Sports Betting:

The Three Tenets of Profitable Sports Betting

.