Posts Tagged ‘MTTs’

Tadas PeckaitisTadas “My Poker Coaching” Peckaitis

Many players do not reach success in poker for one obvious reason – they don’t have a system to know how to improve. Consuming random content, watching your favorite pros play or reading how-to books will not help you much; you need to have your own strategy.

This is why I launched my complete poker training program where I show you what you need to do to be successful, and most importantly how to do it. To get more information you can register for a FREE webinar following the same link to make sure you will get most out of it.

The full program is divided into three parts and nine simple steps that will help you to build a solid strategy and prepare for your games. Therefore, today I want to quickly recap those three parts.

Preparation

This is the first step, which many players miss. Obviously, learning advanced strategies is crucial, but you have to make a few things right even before sitting down at the poker table.

For example, it’s important to choose the best game format for you. Some players start playing MTTs (Multiple Table Tournaments) right away, and I was one of them. But after a while, those 12-hour sessions started to get tiring. Personally, I feel much better when I can control when I want to play and how long my session should be. For those reasons, cash games are way better fit for me. You need to determine the best fit for you!

The same thought process goes for choosing the right poker room and poker tools. It is better to make good decisions in the beginning, and you will save a lot of time and money in the process.

Foundation

Another area that might not look essential but is actually crucial is your mental strategy. Just as before, it is better to make this right at the beginning so as not to have regrets later on.

Spending a few minutes to prepare for your games, review what you are trying to learn and warming up the brain can do wonders. You will be able to start making better decisions from the start of the session and keep your concentration longer, which matters a lot. On top of that, learn to identify your emotions so you know when to quit playing at the right time as well as to prevent yourself from tilting.

In addition, you need to get into Game Theory Optimal (GTO) implementation. GTO is a very wide topic, but the most important takeaway is that you need to learn GTO so you can use it as your starting point. However, as soon as you notice imbalances and mistakes in your opponent’s play, you should switch to exploitative strategy because that is where all the money is.

Strategy

The last part is self-explanatory. When you have covered the previous steps, you are ready to do some heavy lifting and jump into advanced strategies yourself.

If you are playing online, you have the luxury of using your own stats to identify your mistakes and make a plan on how to fix them. However, most players should start by learning fundamental strategies like c-betting, bluffing spots, big blind play, bet sizing and so on.

Summing it up

Obviously, we only scratched the surface here. The bottom line is concentrate on studying the right way rather than consuming random content. For more information, just register for my webinar and I will share my experience with you. It has already helped hundreds of players and will likely help you as well.

The Feel of The FeltAs I said, to get more info just register for my free webinar and I will share my experiences and lessons that have already helped hundreds of players with their game at the poker tables and will likely help you as well!

 

Send me your thoughts, comments or questions!

Tadas PeckaitisTadas “My Poker Coaching” Peckaitis

Bankroll management is one of the most fundamental concepts in poker. You will have many problems in poker, just like in real life, without learning to manage your money.

Over the years, I have found how important it is to keep your poker bankroll separate from the money you need to pay your bills. In other words, your “poker bankroll” is the money you set aside for poker only, and should not come out of the money set aside for living expenses or funds you need for other things.This is the only way to maintain your peace of mind. Knowing that you do not need to win to pay the bills will give you the time you need to concentrate on making the right decisions while playing. You will have more confidence in yourself even during times when you are running bad, or facing a big downswing, because even if you lose, your life doesn’t fall apart. You can easily come back to play the next day, which is what separates the winners from the rest!

Keeping it all for poker

However, if you are playing poker professionally and it is your primary source of income, you work it the other way. You decide how much money you need to cover your living costs and only withdraw that amount from your poker bankroll. In other words, you should keep the bulk of your money for poker.

This way you will be able to move up stakes quicker and win even more. Moreover, having extra money will help you with improving your game as well, because you will not only be able to play higher stakes but invest some of that in learning, coaching or even getting poker software that can help.

Bankroll based on your skill

You skill level compared to your competition’s is the most important factor to consider. If you are crushing the game and have a huge edge over your opponents, you can play with very aggressive bankroll management only having few buy-ins. Therefore, when an extremely weak player joins the game, you can easily justify playing higher stakes than your regular ones without having the required amount of buy-ins in the first place.

However, if you are barely beating the games, you will need a huge bankroll to outlive swings that will eventually happen. So do not make the mistake of taking this lightly, because everyone encounters downswings at one point or another in their careers so you better be ready.

Different strategies for different games

Obviously, every game requires different bankroll management strategy. If you are playing MTTs, you will need more buy-ins compared to paying single table tournaments or cash games, so you need to choose wisely. It is especially important for MTTs, where the requirements can be very different based on the size of the tournaments you play. Naturally, if you are playing  MTT with 100 entries, you will need much fewer buy-ins compared to someone who is playing games with 1000 players and more.

To learn more about strategies for different games you can read the full article about poker bankroll management and choose what best suits your needs.

Summing it up

As you see, there are many things you need to take in consideration, and there is no one answer fits all. Therefore, try to build your strategy based on your poker goals, your skill level, and games that you choose to play to reach the best results and protect yourself from going broke.

Send me your thoughts, comments or questions!