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Single-Table Tournaments:
Sit-and-Gos are Tournaments that begin as soon as the required number of competitors are registered. Most online Single-Table Tournaments (STT's) operate this way. One of the major advantages of STT's is that your maximum loss is limited to the tournament's entry fee so you won't go broke if you go all-in and bust out early. Each player in the tournament pays a set entry fee plus a small extra payment called a "rake" that goes to the hosting poker room. In a standard ten person tournament the prize money is usually distributed among the top 3 finishers (50% for 1st, 30% for 2nd and 20% for 3rd). Each player is typically given $800-$1500 in play money chips to start with and whoever holds all the chips at the end is the winner. The blinds start low and increase at set intervals throughout the tournament (Usually every 10 hands or 10 minutes but sometimes faster).
When playing in an STT you should break it down into 3 stages (Beginning, Middle, and End). For each stage you will play differently. The size of the blinds and the amount of players remaining will loosely dictate when you will "change gears" at each stage.
Beginning Stage:
Early on in the tournament, your play should be extremely tight. This means playing VERY few hands. A common mistake is to play too many hands in the beginning. Players think that because the blinds are so small they should try to see many flops cheaply and build an early chip lead. NOT TRUE! One of the reasons extra-tight play works well in the beginning is because it allows you to spend some time watching the other players and getting a feel for their play. Also, depending on the size of the initial buy-in there will likely be some bad players at the table who will be eliminated quickly. You want to give these players a chance to bust out of the tournament early. Each time one of them does, your chances of reaching the top three spots will be increased. Don't worry if someone at the table is getting a big chip lead. It's actually good to have a clear chip-leader at the table as he will likely be forcing a lot of action among the other players and you can sit back and just play a nice tight game. When you are watching the players, pay close attention to those who are easily pushed out of a pot; you will target these players for "Blind Stealing" later on in the tournament. NEVER BLUFF IN THE BEGINNING OF THE TOURNAMENT!!!
Middle Stage:
The middle stage of the tournament begins when the blinds have increased to a size that will put moderate pressure on your chip stack and hopefully a few players have been knocked out of the game. It will no longer be acceptable to just let the blinds pass over you so you will have to get involved in the action and play more hands. Simply play a solid game like you would if you were sitting in a normal ring game (See Basic Strategy Section). By this time, the other players will have noticed that you are fairly tight and will respect you and any aggressive bets that you make when involved in a pot with them. Use this respect to take advantage of occasional bluffing opportunities against the players in the blinds. This is a good time for me to mention that you should be very careful when bluffing and never bluff often, read more about the rules of bluffing in the Basic Strategy Section. "Blind Stealing" is when you raise with position over the players in the blinds when there are very few or no other players involved in the pot, the idea is to get them to fold marginal hands and take their blinds. Be careful who you try this with though, some players will "protect their blinds" by calling your raise with a marginal hand because they don't want to have the reputation of being easy targets for stealing. So only try to steal from players you know to be tight or timid and don't do it often. The goal for the middle stage of the tournament is to catch a few nice hands and build your chip stack up so that you will be a force in the end of the tournament when the blinds get large.
End Stage:
In the end of the tournament there will be a few players left and the blinds will be huge. Aggression is key here and you should take even more risks than in the middle stage. Sometimes players will "Lock-Up" when there are 4 or 5 people left to try and fold their way to the prize money. Most of the time this is not the best course of action, you should still be trying to "win" the tournament. Remember 1st place pays a lot more than 3rd! Play good cards aggressively but proceed with caution when going past the flop. If you are going to move All-in or call someone else's All-in make sure you think about it very carefully! Remember that you will need much better hand to call an all-in than you will to make one. Once there are only two people remaining you will change gears again into the ultra-aggressive heads-up strategy. When you are playing against just one other player (heads-up) any pocket pair or hand that has a face card in it is a very powerful hand. You should be raising pre-flop very often when playing from the button (first to act pre-flop in a heads-up game). If you have a sizeable lead against your opponent put a lot of pressure on him by making your pre-flop raises at least 2-3 times the size of the big blind. Once you have someone hopelessly short-stacked (meaning you have nearly 10 times the size of their stack) take the initiative and put them all-in pre-flop when you are first to act and have almost any reasonably strong starting hand.
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