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Multi Table
Party Poker Games - Texas Hold'em Poker
The popularity of Multi Table Hold'em tournaments is booming.
Fueled by the WSOP (World Series of Poker) and the World Poker
Tour, many people are intrigued by these competitions and
enter for a chance to win a 'big score.' In fact, most Multi
Table Hold'em is played in tournament form nowadays (which
upsets someone like me whose favorite poker game is a Multi
Table Hold'em ring game).
While Multi Table hold'em ring games offer the lowest variation
for a consistent winner (I probably win 80-90% of the times
I enter a Multi Table ring game), Multi Table Hold'em tournaments
have crazy variance. This is because all the money gets shoved
in preflop on near coin-flip odds at the end of the tournament.
For example, AK versus a pocket pair is a very, very common
battle late in a Multi Table tournament.
I'm not saying you shouldn't play Multi Table tournaments,
but please don't think that these tournaments are all skill
and no luck. The famous quote from Rounders, "The same five
guys make it to the final table every year at the WSOP" is
the opposite of the truth. You must be lucky to win a Multi
Table tournament because you must win more than your fair
share of coin-flip battles.
Strategy
That's enough preaching about Multi Table tournaments. In
terms of strategy, Multi Table tournaments are very different
from Multi Table ring games. You simply can't bluff as much
because people's stacks tend to be smaller in relation to
the size of the pot. Also, since the amount of chips you win
from a bluff is worth less than the amount you stand to lose,
bluffing loses a lot of 'value.'
Now, many of you may be confused. Suppose you bluff 1000 chips
at a 1000 pot and figure you have a 50-60% chance of taking
it down. Many of you would think it's worth it to take that
risk. However, those 1000 chips you win are worth less than
those 1000 chips you stand to lose. If you have a 2000 stack,
getting knocked down to 1000 has much more negative value
than the positive value of getting up to 3000. The 1000 chips
do not represent money. The only monetary value in the tournament
is either losing all of your chips or winning them all (and
losing them all is more important because you do get a prize
if you lose them all in the late stages of the tournament).
Losing those 1000 chips knocks you half the way out, but winning
those 1000 doesn't do squat for winning.
This is not to imply that you can simply fold your way into
the money. The blinds will eat you alive. You must win pots
so you don't get knocked out most of the time. Towards the
end of the tournament, you can think of winning pots to win
the whole tournament. However, most of the time you must win
pots simply so you don't lose!
Thus, in the early stages of the poker tournament, you should
avoid gambling much. Generally, the amount you win isn't worth
the gamble. If you can see the flop for cheap with a suited
connector or someone goes all-in preflop and you have AA,
by all means go for it. However, I wouldn't suggest bluffing
all-in. In the early stages, you want to win a huge pot here
and there because you hold the nuts. Target a bad player and
make him pay you off.
Towards the middle of the tournament, you need to switch gears.
Since the blinds get bigger, stealing the blinds will help
you stay alive. Here, the 'gap' concept becomes more important.
It takes a much weaker hand than usual to raise to steal the
blind, but a stronger hand than usual to call a raise. The
middle rounds introduce the 'survival mode' concept.
Again, most of the time you will be looking just to survive
and increase your stack bit by bit in the middle rounds. You
want to avoid confrontation without the nuts and just take
down some small pots without controversy.
However, if you are a large chip stack (or even just a medium
one), you may want to take advantage of this survival mode.
Take control of the game by raising and frequently putting
other people at a decision for all of their chips. After all,
if they go all-in, they're risking it all but you aren't because
you can lose the pot and still keep on fighting. However,
don't do this too much. Steal some pots, but don't be so obvious
that people will call you all-in with top or even second pair.
Also, don't do this against very bad players. They will call
everything.
Towards the end of the tournament is when the coin-flip decisions
become very important. Frequently, the blinds are so high
it makes sense for a player with a low or moderate stack to
go all-in preflop. Generally, when you go all-in you want
to have A(good kicker) or a pocket pair. If you have A(good
kicker) you are an advantage to all non pocket pairs and may
even have someone dominated. If you have a pocket pair, you
are a small advantage against all non pocket pairs and at
a huge advantage/disadvantage against other pocket pairs (depending
on their size).
Generally, if you have one of these marginal hands, it's best
to just shove all of your chips in preflop. When you are a
low stack, you cannot afford to be blinded away anymore. Once
the flop comes, chances are it's not going to be perfect.
By shoving in all of your chips preflop, you have the added
chance of stealing the blinds and can avoid being bluffed
out.
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