Online multi-table tournament play is not only fun and educational, but they’re a great way to maximize on your bankroll if you play them right. Many sites offer low entry fee tournaments that pay out the top places at a mostly decent increase on your investment.
For example, Full Tilt Poker has $1.25 tournaments with 45 people going on all the time. They pay the top 6 places: 1st = $17.10, 2nd = $11.25, 3rd = $7.20, 4th = $4.50, 5th = $2.70, 6th = $2.25. So if you win, you get a pretty good pay-off. Even if you place 6th, you’ll get your money back with a buck to spare.
The key here is to make it to the final table and, hopefully, the top spot. You need to play very straight forward, solid poker - especially early on.
Many novice players in multi-table tournaments will bet crazily in the first few rounds hoping to get someone out or get a caller on their pocket 2’s.
Be selective in what you call, and, in general, don’t play into the “all-in” mentality that can lose you in the long run. You may find yourself very inactive for the first few rounds, and that’s OK.
Survival is the key here. Try to make it to the first break with enough chips to make you a player.
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