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How to Play Double or Nothing Tournaments
IntroductionIn this article
- Advantages and disadvantages of DoNs
- The phases of a DoN
- How to win DoNs
Unlike classic Sit and Go (SnG) and multi-table tournaments, DoNs do not have a scaled prize structure. You either get two buy-ins back, or nothing at all. They are kind of like qualifier tournaments, and are often played out in similar fashion. You don't have to be among the top three to be in the money; 5th place is as good as 1st in a 10 player DoN.
Survival is much more important than in a normal SnG. Having a big stack is certainly advantageous, but there's no extra payout for taking 1st place. All these factors make playing in DoNs easier on the one hand, but require adjustments to your basic game plan on the other.
This article will shed light on the advantages and disadvantages of DoNs. You will also be given a strategy to play them profitably. You will learn about the phases of a DoN and the differences between DoNs and SnGs.
Before you dive into this article, you should have a basic understanding of SnGs and how you play in the different phases of a tournament. You should also be familiar with the Independent Chip Model (ICM).
We also recommend that you reread the articles in the Beginner's Section and the Bronze Section. You should also have read the Silver article on the ICM.
Note: This article will deal solely with full-ring DoNs.
Advantages and disadvantages on DoNs
Like all variations of poker, DoNs have their own characteristics. The next section will discuss the advantages and disadvantages in DoNs and will help you decide whether you are better off playing DoNs or regular SnGs.
- You're in the money once you make 5th place, whereas you have to reach at least 3rd to to get paid in a SnG.
- Simple, solid ABC poker is good enough for a payout. Most of your opponents will play too many hands and waste their chips. You sit tight and wait for good starting hands while your opponents knock each other out of the tournament.
- DoNs can be a good way to build up your bankroll when you are new to poker. You will find a lot of poor players and can practice playing standard poker until you have enough money for other variations and higher limits.
- DoNs are also great for beginners and multi-tablers. PokerStrategy teaches you to play tight, which keeps you from having to make many difficult decisions. Take things slow and observe your opponents when you first start playing poker. You will gain experience and confidence and can start playing several tournaments simultaneously.
- Rake can mean losing money in the long run, even when you break even in play.
- Good players lose part of their edge, since they can't earn more money by taking 1st. Good SnG players should stick to regular SnGs.
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