No Limit Holdem Cash Games or Tournaments
Well both forms poker prove to be profitable in their own ways. Firstly, All tournament participants put up a certain amount of money to buy in.
This creates a prize pool.
Now depending on how many players there are determines how many people will cash. Big number of entrants with a big buy in means more people will get to profit.
The goal is to survive till the end!
Every pot won is essentially paying for the future costs of the ever increasing blinds.
Now can you simply be a winning poker player just playing no limit hold em tournaments?
Yes and no!
What I mean is that in the beginning you will not have the bankroll to play tournaments consistently. Unless you have already 15k saved up. And chances are you don't. Even with 15k that amount will be eating up rather quickly believe it or not. You only have a 20% win rate meaning 80% of the time you lose no matter how good you are.
So your bankroll will be leached if your playing strictly tournaments or I should too many of them.
But they are very, very lucrative if you have the bankroll & can last the bad beats, suck outs, the runner runners.
So how do you build a bigger bankroll?
Cash games!
This form of poker will be the lifeblood of your career. I see no limit holdem tournaments as luxury poker. It's not a grind and you get rewarded handsomely for outlasting all other competitors. Cash games on the flip side is a patient slow grind. You're going into a cash game with results based on a hourly rate.
You have a totally different plan for cash games! Your money at a cash game is yours to keep, you win a big hand you can leave.
So what you do is to grind your money up.
Grind your money up to the point where you have enough bankroll where if you get knocked out a tournament it doesn't hurt.
Look at it this way if you only had $400 to your name it would be silly to jump into a $400 tournament. But it would be plenty wise to sit down at a $1-2 cash game with a game plan/hourly rate. Your return on investment or roi is greater for the amount of money you possess when it comes to cash games.
So it comes down to this, tournament poker can be greatly profitable if you have the bankroll for it. But if you don't have it then simply grind it out till you do.
Of course your skills & abilities will determine how much you win at either. So constantly improving your game builds your poker equity which equates to a winning player.
Well both forms poker prove to be profitable in their own ways. Firstly, All tournament participants put up a certain amount of money to buy in.
This creates a prize pool.
Now depending on how many players there are determines how many people will cash. Big number of entrants with a big buy in means more people will get to profit.
The goal is to survive till the end!
Every pot won is essentially paying for the future costs of the ever increasing blinds.
Now can you simply be a winning poker player just playing no limit hold em tournaments?
Yes and no!
What I mean is that in the beginning you will not have the bankroll to play tournaments consistently. Unless you have already 15k saved up. And chances are you don't. Even with 15k that amount will be eating up rather quickly believe it or not. You only have a 20% win rate meaning 80% of the time you lose no matter how good you are.
So your bankroll will be leached if your playing strictly tournaments or I should too many of them.
But they are very, very lucrative if you have the bankroll & can last the bad beats, suck outs, the runner runners.
So how do you build a bigger bankroll?
Cash games!
This form of poker will be the lifeblood of your career. I see no limit holdem tournaments as luxury poker. It's not a grind and you get rewarded handsomely for outlasting all other competitors. Cash games on the flip side is a patient slow grind. You're going into a cash game with results based on a hourly rate.
You have a totally different plan for cash games! Your money at a cash game is yours to keep, you win a big hand you can leave.
So what you do is to grind your money up.
Grind your money up to the point where you have enough bankroll where if you get knocked out a tournament it doesn't hurt.
Look at it this way if you only had $400 to your name it would be silly to jump into a $400 tournament. But it would be plenty wise to sit down at a $1-2 cash game with a game plan/hourly rate. Your return on investment or roi is greater for the amount of money you possess when it comes to cash games.
So it comes down to this, tournament poker can be greatly profitable if you have the bankroll for it. But if you don't have it then simply grind it out till you do.
Of course your skills & abilities will determine how much you win at either. So constantly improving your game builds your poker equity which equates to a winning player.
