Your
Texas Holdem poker tournament bread and butter can be single table
(Sit-and-Go) events
I love
one-table Texas Holdem poker tournaments (otherwise known as
Sit-and-Gos or SNGs).
They allow a disciplined
player to have a shot at decent cash with limited downside.
Because of this, they attract plenty of
gamblers and casual players. People who know very little about Texas
Holdem poker tournaments think that SNGs are an easy way to make money.
I don’t agree that SNGs
are easy money.
But a good, sound strategy for SNG poker tournaments can result in 50%
or higher success rate (if you define success as getting into the
money). And their tendency to attract these fast-buck seekers makes
them great value for a solid player.
There
are two basic cash SNG types. Five- or six-seaters and nine- or
ten-seaters. Generally, the smaller games pay out money to first and
second, while the bigger ones pay the first three places.
Starting chips could be as low as 1,000
points
or as high as 2,000, depending on where you play. Sometimes, SNG poker
tournaments with higher cash buy-ins give you more starting points.
A typical breakdown for a ten-seater $30
SNG
Texas Holdem poker tournament: buy-in is $30 + $3 = $33, giving a prize
pool of $300. Prizes are structured at $150 for first place, $90 for
second and $60 for third.
Scraping
into third place is worth a mere $27 profit. First and second are
obviously much better outcomes.
Your
first task is to sort the wheat from the chaff. The first
thing you’ll notice about the play at SNGs is that
there’s a wild
variance between styles.
One
type of SNG poker tournament player (the winning type!) sits quietly
and patiently, waiting for a good chance to double up their chips. They
will only bet or raise when they think they have the best of it, and if
they’re all-in, you’ll usually see them showing
down a top hand.
The other main type is the person
who
thought SNGs were a way to make a quick buck. These guys
typically bluff too often, overbet and overraise, and show in a dozen
ways that they are way too impatient.
Sometimes,
even the Texas Holdem poker tournament chat boxes can reveal this
information. If another player is slow to respond, typically an
impatient player will type “ZzzzzZZzzz” or similar.
File that
information away on their notepad. This player will be unlikely to
feature when the money’s dished out.
Any
sign of impatience is a weakness in poker tournaments, but these are
magnified in the microcosm of a SNG situation.
Remember that early pots have virtually no
blinds to steal. Keep your hands in your pockets until the action hots
up.
I have seldom seen
an online SNG, even as expensive as $50 + $5, where nobody was
eliminated at level one. Here, the blinds are only 5-10 out
of a starting stack of 1,000 points. There’s almost no
situation,
barring AA vs KK or QQ, or a monster flop catching many
players’ hands,
which should result in an all-in at this level.
Very basic Texas Holdem poker tournament
rules
apply, even in SNGs: you want to survive until the prizes are awarded.
Next time, I’ll discuss more
advanced
strategies for SNGs.