[Closed] Just found this - looks like a wheel

Ok just a simple question.

Why don't you play on Party?

http://www.partypoker.com/tournaments/types_tournament/multi_table/payout_structure.html

Lets say you are playing a $11 tournament with also 577 participants. The pricepool would be (minus $1 for every player rake) $5770.

When you would place as 60th you would get 0.37% $21.35

Also the 25% you suggested for the first place are almost paid out there.

Just a reminder: Tournaments with a low buy-in very often have bad payout structeres because of the high rake. That is also the reason why we suggest to start with $11 SnG's and not the $3 or $6 SnG's.

And you really don't want to compare roulette with poker???
I mean we don't have to talk about that, do we?

Anyway according to my epxerience earning regular winnings by only playing Tournaments is probably the hardest way to earn money with poker. Not because of the payout or rake structure just because tournament play needs so much experience...

Best regards,
Stefan

PS.: It would be cool if you would accept our board rules!

Tx for reply, I did read the board rules, sorry if I let a name slip in, it was irrelevant as 90% of payout structues are similar. I hope the post was not pointless either. I wasn't allowed access to tourney threads, (silver reqd).

As mainly a tourny player, I often find that general stratigic ideas and accepted theory do not apply so much to tournies. It is hard to find useful articles on the subject. As you say there is a large skill factor, although there is also a large 'donk' factor, and IMO it's the sheer weight of donk players that eventualy bring you down.

I note your advice on playing higher entry fees, although this is no sure way to success either, there are almost as many people willing to 'blow $10 in a lunch-hour as there are $2'. It's maddening trying to escape the casual poker crowd - how do you rate someones starting hands when they are quite possibly grabbing a game befoe dinner, or whilst watching their fav TV progamme, are eady to go all-in because it's time to go out etc...

I would love to read more on tourny strategy, but from obscure angles, such as, Do implied odds take on greater significance when you are trying to score chips in lumps, as opposed to a cashgame mindset which says 'any won pot is a good pot'?

For instance, you hit 2 pair on the flop, there is little in the pot, but 4 players have limped in. Cashgame strategy says bet potsize+ and take the pot down, no free cards etc. But in a tourney this has to be a bad play, you have a good flop, and potential for the nuts, you have to build the pot up and execute the moves later IMO. The implied odds are huge, up to 70/1, whereas taking the small pot is useless in the tourney context and a waste of good cards, better to lose 200 coaxing people in than taking away the 80 chips on offer.

It's difficult sometimes segregating strategy for cash/tourney/limit/ etc as each strategy has its' own place dependant on the game being played right? You could be reading a strategy for limit and assume it applies to no-limit when it's actualy the wrong play.

I'd like to discover more unorthadox methods for tourny play and after 4 years play I feel I am getting there, I am just saying that the odds are against you in the long run, but the jackpot is there to be hit, and for me, tourny play will always be the essence of poker. It's a painful road sometimes.

I wouldnt give a freecard holding only a 2pair and 4 limpers, its way to big chance that somebody hit their gutshot or set or whatever. Better to bet and hope somebody has some kind of draw or overcard.

I am not a great expert about tourney play but i know our content team is working on a special tournament area at the moment.

Best regards,
Stefan

For instance, you hit 2 pair on the flop, there is little in the pot, but 4 players have limped in. Cashgame strategy says bet potsize+ and take the pot down, no free cards etc. But in a tourney this has to be a bad play, you have a good flop, and potential for the nuts, you have to build the pot up and execute the moves later IMO. The implied odds are huge, up to 70/1, whereas taking the small pot is useless in the tourney context and a waste of good cards, better to lose 200 coaxing people in than taking away the 80 chips on offer.

with your experience you probably know this and much more...
early stages of tournament should be played just like cash game so you should take pot down(if its very tiny pot against 1 or 2 opponents then you bet less on flop so pot can grow) and later when blinds are big you should slowplay it. but ofc you must be careful that the board is not very dangerous and that you dont have low 2pair.
"harrington on holdem vol 1-3" are good books about tourneys.

Tourneys is all about shifting playing styles from super tight to loose agressive... in the first levels play tight let ppl eliminate each other only play premium hands and try to slowplay and trap ppl... after that ppl start getting tight and u should come in to steal pots... when u feel confident with your stack start playing tight...

Foolsgold the fact is that at least 80% of the ppl that participate in those low buy in tournaments suck and dont have any play strategy... things get though when u gotta fight that 20% of good players...