Thursday, September 04, 2008

Tournaments

I haven't looked at the book yet, but based on Hammer's comments on it I think I should read Arnold Snyder's book The Poker Tournament Formula

Maybe somebody will buy me a copy.

My Amazon.com Wish List

2 Comments:

Blogger Dr Zen said...

I could send you mine. It sucked. I only play low-stakes donkaments but take Snyder's approach to them and you'll be quickly busto. It might work better in a slower structure, with plenty of weaktight players though.

6:52 AM  
Blogger Poker Apprentice said...

Hi,

You may well have read it by now seeing this is an old post. But I thought I'd add my tuppenceworth.

As someone who mostly plays cash and only plays the odd small buy in online tournament, I thought it was a very useful book.

Useful that is if you play fast structured tournaments with short blind levels and not so deep starting stacks.
I applied the concepts in the book to small multi-table tourneys online - $2 to $20 buy-in, maybe 100- 200 players and ten minute blinds, with starting stacks of around 1200 to 2000 chips. However what the other poster says about Snyders approach suiting slow structures is wrong. It is the opposite actually. In fact he now has a version out for slow structure tournaments, haven't read that one yet.

However, what Dr Zen says about busting out a lot is right, but whatever approach/strategy you use you need to play a lot of volume of these type of tourneys (donkaments) to overcome variance and be profitable and that means going for the top spots rather than trying to survive. That is esentially the approach Snyder uses.

Unlike Harringtons HOH series, Snyder advocates loosening up and playing all-in of fold once your stack is around 25 big blinds (usually there are no antes in these tourneys). And the situations where you are open raising all-in with any two cards arise far more frequently using Snyders strategy than using Harringtons. I found the approach he advocates works pretty well for fast tournaments.

He bases his strategy around 3 prongs, a bit like rock, paper, scissors, except he calls it Chips, Cards, Position. Basically you emphasise one of these depending on the type of spot you are in. Sometimes position beats cards (e.g a weak player limps in mid position and you are on the button); sometimes chips beat position (e.g an aggressive medium stack opens on the button, it folds to you and you have 4 times his stack in the big blind)... etc etc.

Cal

7:51 PM  

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