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Tournament Strategies

Just to make sure: when talking about tournament strategies and tactics, we exclusively refer to No-Limit tournaments.
There are Limit and Pot-Limit tournaments too, of course but Limit tournaments are, in our opinion, dreadfully long-winded and dead-boring; Pot-Limit tourneys are a matter of taste and some of the content here does apply to them, yet only to a certain extent. Ok, let’s get going.

 

Multi Table Tournaments
Freerolls
Valuable Tips
Advanced Tournament Concepts

 

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Multi Table Tournaments


When the tourney has just started

- Check how many chips there are in total in play and divide this figure by 20; that will give you the minimum amount of chips required to make it just about to the last table
- Don’t pay any attention to the early chip leaders of the tourney - you won't see them at the last table, because they take too much risk too early in the tourney and will continue doing so until their chip lead is gone again. Why trying to “win” a tournament in the first 30min when it’s going to last well over 2 hours?
- It’s all about survival in the early stages. Maintain your chip stack by winning a few small pots and let the others do the busting -- unless you have a very strong hand.
- Making trappy-fancy moves will not find a lot of admirers in the early stages, because most players won’t understand what you’re doing. Keep that for later on and simply play straightforward poker: if you have a hand – bet; if you have trash – fold. It’s as simple as that.


Close to the Prize Money

With a short stack, stay out of every hand to make it into the prize money ranks. Only play AA & KK and fold everything else. If you see the Blinds closing in and they are big enough to gobble up your remaining chips then go all-in before they arrive no matter what you hold.
Exception: when there are only 1-2 more players due to bust out, let your timer run out and get auto-folded; every second of survival counts.

With a medium-sized stack, this is the best time to play aggressively but stay clear of the big chip stacks. Target the medium sized stacks and very small stacks. Here is why:

a) the big stacks won’t risk a lot when calling your big bet but they have you covered and busting out now is not what you want
b) you can do a lot of damage to the medium sized stacks, so they are most likely to fold to big pre-flop raises because they want to ensure to get some prize money and will only then start playing again; but don’t overdo it with your aggressive play; fold to bets that would cripple your stack or eliminate you from the tourney
c) the small or very small stacks are trickier; when you see a player is trying to win time by letting his timer run out, raise him because he’ll fold no matter what he has; also, if you have a short-stacked player covered by 10 times or more call his all-in with any hole cards but only if you’re the last one to act and nobody else has entered the pot

With a big chip stack, you are comfortable and can eliminate players by relieving them off their sorry chip stacks. If you are in a postion that almost guarantees you a last table seat then leave most of the action to the other players and get only involved when you pick up a monster hand. This way you maintain your lead and all you want is to get to the last table.

It’s good practice to always aim for the last table, because there is the money that was worth playing the tournament for. If, for example, the last 20 places are paid but 11th-20th will only get slightly more than the entry fee was, then ask yourself this: “Is getting a few Dollars pay-off a result I will be happy with?” There’s nothing wrong with taking that small prize money, especially when you just started out playing poker, but don’t limit yourself by aiming for it from the start.

Again, these are guidelines. Your observation of the table action and playing styles of other players is still crucial for your decision making. We hope the guide above will help you to become a more successful tournament player.
The best books ever written about No-Limit tournament strategies & tactics are Dan Harrington’s Expert Strategy For No-Limit Tournaments – Volume I & II.


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Freeroll tournaments

People tend to play like maniacs in Freerolls. Don’t get drawn into this “playing style” and stick with playing your game. Look at it as if you had paid a $20 entry free, so you won’t take huge risks for little returns. If you then lose all your chips because the other guy got very lucky, well that’s how poker is sometimes, but at least you have a clear conscience that you didn’t bust out because you played too wild or without concept like many of the others.

If you do make it to the prize money, this could be your starting funds of building up a truly awesome bankroll. Should you lose that money then you can look back and say you had a good time playing, haven't lost a penny, and gained more poker experience.

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Valuable Tips

Making Complex Moves

Make your complex moves only when you’re up against players who will understand what you’re doing. A weak player is likely to misinterpret a sophisticated move and might do the exact opposite of what you wanted him to do.
Example: You’re running a complete but well set-up bluff. The only read your opponent has on you are your betting pattern and the bet sizes. A small bet from you on the end will mean to a strong player that he’s beaten and you’re offering him almost irresistible pot odds just for him to call to get more money into the pot and may therefore elect to fold.
A weak player in the same situation will see your small bet in the end as weakness and come over the top or call if he’s got some holding.


Medium pairs in the Big Blind

Holding 88, 99, 1010, JJ when you’re the Big Blind is good but don’t get too excited. If there is a raise from a player in early position don’t re-raise unless he’s short-stacked and desperate to make a move and/or a weak and tight player. Just call the raise if the price is reasonable, like 2:1 pot odds or better. All you’re looking for is to hit trips on the Flop - and your chances for that are 7.5 to 1 against - or that all 3 cards are lower than your holding. If there are high cards coming on the board then let that hand go when another player bets big.


KQ, KJ, QJ are treacherous Hands

Every poker professional and every halfway decent poker book will tell you exactly that: KQ, KJ, QJ are nice looking hole cards but trouble hands. Poker novices and weak players naturally think that they’re holding great cards – don’t fall into that trap! In most situations it’s better to fold them than playing them. When you play them, be very cautious and alert because most players tend to stick around with high cards and if the flop comes with high cards, you may have found something but so they might have.


QQ - Pair of Queens

Pocket Queens is actually the trickiest pair to play. They are better than the medium pairs and lower than the premium pairs. How to play them ‘correctly’ will very much depend on a lot of factors, like your own playing style, your position in that hand, if the table has been conservative or aggressive, are the other players weak or strong who are still in the hand, how you are being perceived by the other players, your current standing in a tournament, your ‘M’, and how far is it to the prize money or last table, respectively.
So, what should you do? In general, raise 4-5 the Big Blind in early position; if you get re-raised only call; always consider your current standing in the tourney; if in doubt -- do the ‘Madsen’. Don’t know the story? Here it is:
There’s a story going round where the very Michael Madsen was playing in a major tournament. He had a comfortable chip stack and only one more player needed to bust out for all remaining players to be in the prize money. He picked up pocket Aces, raised pre-flop but the chip leader re-raised putting Madsen All-in. After some thinking Madsen said: “Just so you know, you made me lay down pocket Aces.” showing his cards. Most of the other players were amazed - few others understood his reasoning.
Transferring the moral of this story to our case, pocket Queens are nice to hold but if you are being put in a position that could jeopardise your tournament, do what the Pros would do – fold.


Holding Aces or Kings

If you hold a pair of Aces or Kings before the Flop, raise so that you cut down the number of (potential) opponents. Your perfect scenario is to go heads-up against a single player. AA & KK are about 85% favourite to win against a single lower random hand. Against two other random hands, this figure drops to about 65%, so you could easily find yourself in trouble after the Flop.


A finely sized bet

Scenario: Halfway through a Multi table tournament; you’re in command of your table and have a solid chip lead. There’s a short-stacked player with 1120 chips in front of him. The blinds of 100/200 are closing in and will hurt his stack, so he raises pre-flop to 600. One player with a medium sized stack calls. You pick-up AA. Now, here’s the tip: raise to 1,100 (or even 1,110) and do it quick. If the small stack then goes all-in for his last chips, he will have re-raised you by a few chips only and the caller is caught in a sandwich and might not realise that. If he calls the small stack's all-in, then it’s your turn once more before the Flop, so you can put him all-in as well or at least re-raise with an amount that will hurt his chip stack.

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