Posts Tagged ‘poker training’

Tips for becoming a Winning MTT Player

Thursday, March 7th, 2013

One of the biggest draws to online poker is the fact that you could win a huge prize in any given tournament. Of course, few novices actually capture a big payout on their first few tries – though the hope is always there.

But since the average player isn’t going to get lucky right away, solid multi-table tournament play is more about grinding and learning your way to success. So if you’re just getting started down this road, here are some tips that’ll hopefully improve your play.

Tip #1: Focus on Bankroll Management

Most beginning poker players don’t last long because they don’t know anything about bankroll management. Luckily, this concept isn’t overly-difficult for people to learn since you should have 50-100 buy-ins for the stakes you play. 100 buy-ins is the conservative recommendation; but those who have prior poker experience might be able to get away with the 50 buy-in range.

So if you had a $500 bankroll, you’d want to stick with tournament buy-ins ranging from $5 – $10. The reason why is because this enables you to survive the variance associated with online poker and hopefully make some profits.

Tip #2: Invest in some Poker Training or Coaching

You simply can’t beat poker over the long-term if you don’t spend time studying the game. And articles, books and free YouTube videos are always great for this. However, the ultimate way to learn poker tournament strategy is by watching training videos or investing in a coach.

The latter method is more expensive because you’re paying a coach’s hourly fees. But this can definitely pay off if you find the right coach. Training videos are a little more reasonably-priced since you can pay a $30 monthly fee and watch as many videos as the site offers.

Tip #3: Understand Variance

The bigger the MTT’s you’re playing, the more variance you’ll be dealing with. So if you’re playing the Sunday Million on PokerStars, your big cashes will come few and far between – no matter how good you are. On the other hand, $5 buy-in MTT’s often have smaller field sizes, which enables you to cash more.

The style of tournaments you choose will all depend upon your goal. For example, if you’re fine with going on cold streaks while searching for the biggest payouts, large MTT’s should be good. However, if you want to keep cashing and gradually increasing your bankroll, look for the smaller MTT’s,

Above all, never stop learning the game and trying to expand your poker tournament knowledge. The best players continually seek the advice of others and know that there’s always room for improvement.

Phil Ivey returns to Full Tilt Poker under New Name

Wednesday, December 12th, 2012

Following a long hiatus from the poker world, which coincided with Full Tilt Poker shutting down, Phil Ivey has been getting more and more involved in the game lately. First off, he returned to the 2012 WSOP and won five gold bracelets. Then he started a poker training website called IveyPoker. Now it appears as if he’s back to playing high stakes poker games on Full Tilt – only under a different name.

Ivey was previously a sponsored pro by the site and owned a stake in FTP. But now that he doesn’t have any contractual obligations with the poker room, he’s been grinding under the screen name “Polarizing.”

Apparently this started a few weeks ago when other high stakes players were sent an email stating how Ivey would be changing screen names with the Full Tilt relaunch – something that’s been acceptable given how the revamped FTP is owned by a totally different company.

Since his return, the eight-time WSOP champion has wasted no time in winning on the high stakes tables. Over the past couple of days, he’s collected $225k in profits while playing against some of the world’s top 2-7 Triple Draw players. His overall winnings this week are a bit lower at $114k, but still very good nonetheless.

Before Full Tilt Poker went offline in June, 2011, Phil Ivey was easily the greatest online player of all-time. He’d earned $19.24 million in profits, which is simply amazing when you consider that Patrik Antonius is a distant second with $11.84 million. Based on the hot start he’s gotten off to already since the FTP relaunch, we can only assume that Ivey will continue building on his record amount of profits – rather than suffering through major losses like fellow high stakes grinder Gus Hansen.