Here is the logic, it is based on a typical payout schedule for a small buy-in online tournament. Let us use a $5 tournament as an example. 1000 started and 100 get paid.
As you can see the payouts are heavily weighted to the final positions, getting into the money will usually bring you somewhere between 1.5 to 2.5 times your buy-in. Here is the strategy concept that many beginning players miss: For every time you reach the final table you could mini-cash something like 71 times and still not make as much profit… yes 71 times! Here is the math – average payout for the final table (total prizes for the 9 participants divided by 9) = $711.11c. Average payout for places 81 to 100 in the same tournament = $10. Play To Win Or Play To Cash - So what does this mean for your tournament bubble strategy?Simply put it means you should play to maximize your chances of reaching the final table and not let the fact that you may miss out on the small cash for 100th place influence you. In practical terms there are several things you could do. You can re-raise the big-stacked ‘bully’ who is (correctly) using the opportunity of the bubble to raise with a wide number of hands. You can open-raise many pots from late position in an attempt to win the blinds and antes from small and medium stacks who are trying to fold into the money. The biggest error that beginning poker tournament players make is to tighten up at the bubble. Next time you are in this situation take advantage – but do not tighten up yourself. Remember, for every time you bust out before the money you will increase your stack several other times – and reaching the final table will net you an average reward of 71 times the lowest cash!
SNG Planet BIG Rec! Some poker sites pay a larger number of places than others in their poker tournaments. While this keeps inexperienced players at the site longer, it is actually more profitable for thinking or skilled players to seek tournaments which pay larger amounts to a smaller number of participants. If you have an edge over the opposition then you really do not need it watered down by allowing 100's of opponents to get their buy-ins back! We recommend Full Tilt Poker for great payout structures and smaller blind increases - both of which improve the edge of a thinking player - with a great tournament schedule plus 100% match bonus on your first deposit (up to $600, referral code = SNG600) you really should check out Full Tilt Poker for yourself today!
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