Playing Sit and Go Tournaments at Full Tilt Poker with Proper Bankroll Management is still a BIG mystery to most online poker players.
I loaded up my tournament indicator poker calculator and played a full slate of sit and go games over the weekend
at Full Tilt, Poker Stars, and Cake Poker. I am happy to report that I made
upward trends in the bankroll at each website, but not without the usual
frustrating bad beats and random coolers getting in the way on occasion.
The good thing about bad beats is that someone has made an
error playing against you, so really, they are bound to give their winning back
simply because of indisputable laws of poker math. Poor decisions will result,
over time, in losing money. However, the poor decisions do not necessarily start
at the table. As I found while playing this weekend, table buy-in and
competition is your first big decision.
You can view the lobby of a sit and go tournament while it
is filling up, so when I play the $20 and $30 buy-ins I sharkscope my opponents
before I commit. There was one 9 seated
$30 table that had 4 players patiently waiting for 5 more entries. I scoped
each one of those players to find they were all sharks with rounder style graphs
reaching for the sky – all four of them I am not kidding. Even when I play my
best, these guys know how to adapt and exploit my weaknesses to the point it
made no sense for me to join that table. In fact, I think at least two of them
should have reconsidered playing that sit and go. I mean why seek out the
toughest competition? So that was a good decision for me.
In joining other games that day at these levels however, the
above example was actually rare. I researched every opponent I had that day and
found that the majority of players were playing above their bankroll. How do I
know this? Well sharkscope does offer information like ROI%, but it also shows
total profit and from there it’s easily discernable that a player sitting down at
a 30 buck sit and go table with a lifetime earnings negative $338 simply shouldn’t
be there.
At $20 and $30 sit and go tournaments your bankroll should
be at least $500, To me a $1,000 is probably more like it, especially if your
skills aren’t up to par with a bankroll you may have padded with a “fortunate”
win.
Here are some other observations of random players I saw at
these tables:
Total profit of $112 over 2,354 games.
Total profit of (negative) -$3,225 over 1,821 games.
Total profit of (negative) -$1,003 over 231 games.
It went on and on. Is it any wonder then that the majority of
players lose money playing online poker? You simply are not giving yourself a
chance to win in the long run, by playing tables higher than your bankroll
allows. Astoundingly, at least 4 of every 9 players at at each table I searched
over the weekend were there above their poker bankroll and long term losers at sit
and go tournaments.