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Choosing the Right Online Poker Tournament for You
By Brodey Sheppard - February 16, 2016
With the wide broadcast of poker tournaments on TV, came the emergence of matches offered by brick-and-mortar and online casinos. On any given day, poker enthusiasts can go online and choose among thousands of tournaments. However, not all of them are the same, and some may not be suitable for your time and budget preferences. Moreover, your options may differ depending on your location and the month you would like to play in.
To get a get a clear idea on how to choose the best poker tournaments for you, check out our tips below. You can also review our article regarding "2016's Top Must Play World Poker Events" to help you with your 2016 poker playing experience.
Determine the Time You Have
Large multi-table tournaments (MTTs) may offer exciting poker action and huge payouts, but they can last for hours. Needless to say, you should always determine how much time you have for playing poker before choosing any tournament.
If you only have one or two hours to spare, single table sit 'n' gos (STSNGs) are usually the way to go. STSNGs are ideal venues for casual players to expose themselves to the world of poker tournaments while not having to spend four to six hours at the tables. In general, these matches usually last for an hour or two.
If you do not have several hours to spare, turn to single table or multi-table sit 'n' gos. You don’t want to run deep into a huge tournament and then just leave because of other commitments.
If you want to test the waters in online casino gaming, go to WSOP.com for online poker tournaments. WSOP.com has a Quick Seat feature that gives players safe landing by allowing them to select the best poker table that fits their criteria and specifications.
Set Your Long-Term Winning Expectations
Since there is a wide variety of online poker tournaments available online, it can be quite difficult to gather enough information for you to set your true winning expectations. However, try to accumulate enough results to develop a rough estimate of your expectations in the long run. The sooner you accomplish this, the quicker you can choose the ideal amount for your poker budget.
While browsing through poker sites, you will encounter results-based ones that showcase winnings from the best players. When setting your expectations, pay extra attention to these short-term figures because they can skew your calculation of your attainable profit in the long run.
Compare your return on investment (ROI) percentage against the winnings of the most successful players in the poker site. For SNGs with lower stakes, a ROI that’s higher than 20% is considered profitable in the long run. On the other hand, if you’re playing for higher stakes, your ROI percentage should be around 35% or higher to ensure long-term profit.
Determine the Ideal Poker Field Size for You
Poker tournaments can vary greatly in field size. Remember that things get a little more complicated as the playing field gets bigger. The ROI is higher in larger tournaments, but consistent winnings is necessary for long-term profits. You can expect a higher return in large field tournaments, but your winnings can also easily go away without a sustainable strategy. Hence, if you want to play against thousands of competitors while ensuring long-term profits, supplement your matches with poker tournaments that provide you with lower variance. Consistent winnings assure you of stability within your bankroll.
Know your Safe Buy-In Level
Higher buy-ins mean defeating more skilled opponents. Determine the amount of money you are comfortable losing and the level at which you can be competitive. Play within a level where you can make sound decisions without being clouded by the prize at the final table. Keep in mind that despite a good start, if you can’t make the right decisions as the stakes go higher, you will end up losing a great sum of money in the long run.
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