How To Win Poker Tournaments

Do you get frustrated playing poker tournaments? You play all the time and it seems like you never cash. And even when you do, you cash the minimum. Every once in a while you get teased with a deep run only to run Kings into Aces – resulting in another broken mouse.

Well as you gain experience, you learn that in order to be successful as a poker player you need to get comfortable with running bad. This is even more prevalent if you are a poker tournament specialist. But no matter how experienced you are, these bad runs can test you and make you question your skill level. This is especially true if you are an amateur poker player who only plays a handful of tournaments a week. You can actually go months without cashing and this duration of time in between cashes can skew your view of reality and affect your play.

Now if you read enough poker forums and websites you will hear about all the online tournament pros who are regularly taking down five and six-figure cashes. They paint this picture of guys constantly making final tables and raking in mounds of cash. You may even be a bit jealous and wonder, “what do those guys have that I don’t?” Well, I’m hoping this article will help answer that question and provide some much needed perspective on the topics of volume and variance.

Amateur Poker Players vs. Pros

Today I'm joined by Nick Petrangelo, the lead instructor for our latest course at Upswing Poker: Winning Poker Tournaments. In this video, we're reviewing so. 5 Tips to Win Poker Tournaments. Dave Roemer MTT. I was recently asked to write an article for the school discussing 5 tips to winning poker tournaments, centred on the following 5 concepts. They all are very relevant to long term tournament poker.

Amateurs – For the purpose of this article, an amateur player is someone who plays about 1-3 times per week, usually at night. They have a “real job” and may have a family or are in college full time, so they can only put in part-time hours. But make no mistake, this player is serious about the game and spends time on poker forums, watching training videos, etc. Since we’re talking about tournament poker, the amateur in this article plays mostly large field no-limit hold’em tournaments. They may be a winning player, break even or maybe a slight loser in the game thus far in their career.

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Pros – A professional is someone who plays online poker for their sole source of income. For this article, we are using those who specialize in large field online poker tournaments.

The Stats

Before reading too deep into these numbers, keep in mind that the purpose of this article is to provide perspective into your own results by comparing them to the results of other players. It is not meant to be a scientific study.

The numbers below represent an average of 10 players from each category and use results from both Full Tilt Poker and PokerStars from 2010. The pro stats were taken from 1/1/10 until 8/22/10 and the amateur stats were taken from 1/1/10 until 9/20/10. They only include tournaments with over 180 players.

Pros*Amateurs*
# Played3557661.5
Avg Played/Day**21.53.58
In the Money13.10%15.7%
Final Tables3.13%2%
Top 31.36%0.54%
Top 3 when at Final Table43.61%28.09%
Wins0.73%0.22%
ROI77.65%19.68%
Longest Non-Cash Streak4722.5

* Pro stats were taken from a ranking of the top 10 online tournament players. Amateur stats were taken from a sample of 10 amateur players who volunteered their screen name for use in this study.

**Avg. Played/Day is based on a 5 day week, but also only includes playing 2 sites. Actual volume per day may be larger for those who play more than 2 sites and less than 5 days a week.

What Do These Stats Mean?

As you can see, the pros are not these mythical beasts who cash all the time and final table every tournament. Media attention can sometimes give off a false reality as it only highlights their wins and never mentions how many losses it took to get there.

The realities are:

  • Even the top pros only win tournaments less than 1% of the time. For some it was as low as 0.60%. So this means they are winning only 1 out of every 100 times. Of course variance doesn’t always come on schedule and they can go 200-300 tournaments without a win.
  • Top pros only final table around 3% of the time. Some are as low as 2%.
  • Top pros are only cashing about 13% of the time. This means they lose money 87% of the time they play! In fact, amateurs cash more often than pros. The difference is that when pros do cash, they cash deep more often.
  • Pros have massive downswings like everyone else. In fact, becasue of the volume they play, they have had longer non-cash streaks.

Why have the pros averaged a $400,000 profit this year before September? It is in their ability to close tournaments. There is a reason why their ROI is 58% higher. Let’s look at the stats:

  • Pros make 1/3 more final tables than amateur poker players.
  • At a 9 person final table, the average of hitting top 3 should be 33%. Pros are hitting this 43.61% of the time.
  • Of the times they cash, pros are final tabling almost twice as often as amateurs (23.9% compared to 12.8%).
  • Pros finish in the top 3 almost 3x as often as amateurs.
  • Volume, volume, volume. Let’s not forget that pros play all day, every day. This is their job. They have a distinct advantage of overcoming bad variance much quicker and also seeing “the long run” of making profitable decisions quicker.

Keep in mind that the group of amateurs used were volunteers from various poker forums. While not all were winning players, the fact that they study the game says they likely have better results than an average amateur. Also, because of their volume size an individual amateur’s skills may be better or worse than their results show.

Improving Your Game

How can you use these stats to improve your game?

Add More Tables

Get outside of your 1-3 tabling comfort zone and simply add a couple more tables. I know the argument is that it’s harder to make reads, but the volume you put in will make up for that. In addition, this extra volume means you are playing more hands and will result in improving your game even faster. This extra experience will more than make up for the short-term loss of a perfect read.

Play More Days

Just try to add 1 more day per week. Don’t be lazy. If you currently play 7 tournaments a day, adding 1 more day x 52 weeks = 364 more tournaments/year. Even at the amateur ROI average above of 20% and average buy-in of $30, that means an extra $2,184 in profit.

Stop Caring About Individual Tournaments

It’s easy to expend emotional energy in any single poker tournament. You’re trying to win of course. But the odds are that you’re not going to. In fact, you’re only going to cash about 15% of the time. All you can do is focus on making good decisions and the variance will work itself out in the end.

Play for the Win

There’s a reason why amateurs cash more than pros. They care more about it and tighten up near the bubble. But you will miss out on valuable opportunities to accumulate chips if you are playing just to cash. In addition, you can’t fear busting or making a mistake when you get deep. In order to make real money playing poker tournaments, you have to trust your instincts and play to win.

If you’ve ever grown frustrated playing poker tournaments, don’t sweat it. Keep in perspective that even the best players in the world don’t win that often. The only way to balance out negative variance is to put in enough volume where your skill can prevail.

WinPoker

Good luck at the tables.

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By Donovan Panone

Donovan started playing poker in 2004 and is an experienced tournament and cash game player who has a passion for teaching and helping others improve their game.

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  1. Great, revealing article. Stats like these are very encouraging. Thanks, Donovan

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Every poker player in the world dreams of winning their first poker tournament, the following are tips taken from the experience of the professional players and various online gambling websites that want to help the up and coming player have a better chance at winning their first tournament. Whether it is online or face-to-face in a crowded room, the guidelines and helpful tips are the same. How To Win Poker Tournaments

5 General Tips to Win

Coming from the mouth of a big time poker tournament winner: Ben Carpenter, A.K.A. My Big Guns, states on that there are five general tips to winning a tournament.

1. Be Aggressive

The main thing that a player needs to do is be aggressive. The reason behind this is that in a tournament the player does not get enough time to sit around and fold every hand, waiting for the perfect hand to come along. Being aggressive does not mean bet on anything and everything, a player has to be smart enough to know when to fold, however a player that waits for the perfect hand to come along, will get beat out in the first round. Showing a more forward side can also represent confidence, and in poker confidence is a primary factor on who wins.

2. Pick on Weaker Opponents

A poker player should focus more on weaker opponents, making both their chip count higher, as well as getting rid of the extra weight. By doing this a player can assure a higher spot on the rankings, as well as being able to focus entirely on the harder opponents down the road.

3. Be Aggressive on the Bubble; do not be scared

In a poker tournament, there are usually a set number of players that will get paid. For instance, if the top 25 players get paid, then player number 26 is out of luck when eliminated. When there are only 26 players left, that is called the bubble. The player can’t show any fear at this point, they need to be aggressive and go for what they want. Most inexperienced players will get to this point and be afraid of losing, since they will not get any money. You have to take advantage of this and play with even more confidence.

4. Always Play for First

The right mentality is everything during a tournament. A lot of players buckle under the pressure, or give up before they should have. Always thinking and playing like you are going for first place is a must if you want to really achieve a victory. Mental power in other words can also go along way.

5. Do not Tilt

Tilting refers to when a player gets overly-aggressive and shows emotions of defeat and anger. A player should never display these kinds of feelings at the table, keeping calm and composed will let the other players know that you are not fazed by losing a big hand, and that they should be wary of what you will do next. If you do need to let off some steam, get up from the table and take a break. Best online poker tournament strategy

Other Tips to Win

Coming from other US-friendly gambling sites, where they offer different tips on how to win poker tournaments.

1. Luck

Although skill and experience will get you far in a tournament, the player needs to have some luck on their side if they really want to win.

2. Gap Concept

How To Play Tournament Poker

The Gap Concept basically means that a player needs to have a stronger hand than their opponent whom opened the betting. This means that you need a strong hand to call on a bet, and more of a good hand when opening the bets yourself.

3. Focus

How To Win Big Poker Tournaments

Focus on the table you are sitting at, and do not worry about the number or which players are left at the other tables. By keeping your concentration on the table you are at, it will allow you to read the players and their poker hands better – if playing live games – if online, you will at least get a better idea of their way of play (lose, aggressive, and so on).

4. Adapt and Change

A great poker player has the ability to know when to be aggressive and when to be tight. Poker tournament winners all have this ability, making them harder to read and allowing them to freely take over any table and player.