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Live Poker Tournament Tips – 5 Reasons Not To Play Them – Sprint #7
In the last installment of my poker sprint series, I talk about some of the reasons not to play live poker tournaments (and a couple of the reasons that you maybe should).
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youre the man. first video i watched and already my fav youtuber
It would be so much easier to watch your videos if you could say more than 5 words at a time without having to edit! People will be having seizures..
Hi Matt, Are you selling pieces of yourself in the Main Event?
well i see what you are saying but in the Long run the cash game player will go broke easily ! Mtt if you play them well you will be more sustainable and you'll have a life – -i quite cash games for good not that i wasnt good but i always look at history and i came to a conclusion that ill stick to my MTTS and live to play fr a long time
live structure is a lot better than online big time
Maybe I missed it, but certainly for me I find the fixed costs caps how much I can lose… and if I am not a regular player, it makes sense to enjoy the game without worry really how much you can lose….
you have to factor in there are a lot of really bad players in a lot of these tournaments. Players that either play too tight or too loose. Or cant adjust their game to the increase and blinds/antes
Totally agree theses badty 80$ 100 $ dayly tourney in my town are in the end ev -. I usually build up a decent stack or bigger then the blinds go up and I end up to have to go all in in crappy spots and it becomes lottery whereas i often have a big edge over the field. Also some ppl and regular tend to play in "teams" to share the prizepool, leting walks in small blind and giving them ships on volountary by calling all ins with stupid hands and/or asking to refund the 7/8 th and so. So low stacks dont die till they get a deal at 4 or 5 players..and the 1or 2 k prize pool isnt even worth anymore. Like investing and risking 100$ to win 300 or 400 at best
I have to disagree with you about point #3. Many of the daily tournaments I play in at Lucky Chances, Bay 101, Ocean View, or Bankers (in California), have gamblers that enter them that basically are looking for a good time and a crap shoot. They are not looking for a chess match, perse. It's only until you distill the tournament down to maybe the top 20% of the field where you start to see the real regular tournament grinders. This was also generally true when I would visit vegas and hit the daily tournaments in some of the less popular casinos. Tournaments at the Rio, Aria, or Bellagio – yes, I would agree with your statement.
Two more reasons:
1.) To win the tournament you have to have 100% of the chips; but you’re only going to get about 20% to 35% of the prize pool.
2.) even if you double up, or triple up early in the tournament you still have to sit there… It’s not like a cash game where you can rack up everything and leave. I think it would be interesting if you could sell your stack and opt out of the rest of the tournament. But seriously, combine these elements and live tournament poker is absolutely a long term loser.