opinions wanted! apply within...
OK, so I played in this home game a couple of weeks back, $25 bukker with 2.50 of that going to an end of season thing. It was the only game of this season that I played ( took it down for about 200 btw ) and now is the end of year thing. So here are the details...
It's 40 to buy in for 6000 in chips no rebuys or addons BUT... because they give out points each game... you get an additional 100 chips for every point. For my first place effort I got 18 points... so my $40 will get me 7800 in chips. Blind levels are standard 20 min with nothing out of the ordinary. The structure is good, and there will be 260 added to the prize pool due to the league play. Top 3 get paid and I think there will be between 14-18 people. My question is....
Having played only 1 game and facing opponents that have like ... point totals that equal a starting stack of double my own... is it worth the buy-in facing such odds? Or should I give 40 buks to some random dude.
It's 40 to buy in for 6000 in chips no rebuys or addons BUT... because they give out points each game... you get an additional 100 chips for every point. For my first place effort I got 18 points... so my $40 will get me 7800 in chips. Blind levels are standard 20 min with nothing out of the ordinary. The structure is good, and there will be 260 added to the prize pool due to the league play. Top 3 get paid and I think there will be between 14-18 people. My question is....
Having played only 1 game and facing opponents that have like ... point totals that equal a starting stack of double my own... is it worth the buy-in facing such odds? Or should I give 40 buks to some random dude.
Comments
How many players have huge stacks? How many are close to your stack size?
I say go for it.
BTW, if you feel so inclined please consider me a random dude
HELL YES! For a structured league format, the conditions sound pretty welcome to a player who only has play one game all season. Just tighten up early and take some chips off the bigger stacks early in the game.
106 = 16600 starting stack (6000 + 100 per point)
89
86
75
73
63
59
58
50
36
30
28
27
18 <- me 7800 starting stack
There are others who have qualified with less points but their participation is doubtful. The blinds start at 25-50 and like I said before the schedule is pretty standard. Even tho there is an extra 260 added to the prize pool and while you might say I'm free rolling, I can't help but think that the starting stack disadvantage is too great to justify the buy-in. With only the top 3 getting paid it just feels like bad bankroll management to me.
Regardless... I'm going to play. I could really use some advice as to strategy for how to approach such a situation. Mix it up with the big stacks or try to isolate the smaller ones? How would you play a short starting stack given the same situation?
Also, I think it will be easy to accumulate chips at the beginning cause the big stack will surely be playing loose. I think you should play tight at the beginning and let everyone limp, call the small blinds, then wait for the big hand.
With the model that you gave earlier, you would have about 4.76% of the chips in play.
Assuming a usual 50%/30%/20% prize pool for the tournament, and 14 players in the tourney, your equity in the tournament is:
/---FIRST---\ /--SECOND--\ /---THIRD---\
(0.0476 * 410) + (0.0502 * 246) + (0.0521 * 164)
= 19.52 + 12.35 + 8.54
= $40.41
So, the overlay on the tournament is big enough that it makes up for your lack of chip stack at the start of the tournament - if you are equal in play skill to all the other players.
I would think that you have even more equity than that though, since you did win the only event you played there.
My stack started off pretty low compared to the rest of the field (13) and after about 2.5 hours of really tight play with a few timed moves, I was still sitting with around 8gs. (my starting stack). Many players who played way too many hands started to feel the pinch and were pushing with questionable hands and I was able to double through with AJs vs J9o. At one point in the game I think I may have been chip leader with over 40g's. But these things aren't meant to last. One particular hand... to my left all night this guy had been abusing me and I figured it was payback... A5d in my hand, 2g 4g small and big (I'm sb) , I raise 6. Call. Q39 flop. I bet 3 he goes to 7...I should have folded... but called. some more betting with board now Q39Q3. He rolls over Q3 and takes half my stack. Do'h. After that I just chilled and played soft. Players dropped like flies and I was eventually busted in 3rd place. $130 prize for my efforts. So for me thats a big win. Sorry the report and my results weren't better but I never claimed to be good at poker or writing. Thanks for the advice all.
Glad you decided to go for it. Indeed 3rd place is certainly something to be proud of. I too was wanting to tell ya to go for it, it was obvious to me that you could get something out for your effort....and you proved me right. When I'm undecided about a game, I usually average my past result. That gives me a bit of an idea on what to do, plus a bit of "hunches".....being female.
Congrats Again !!!
Daisy
O well...you finished in the money which is great.