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Your play in the early stages should be very tight. There are plenty of
people eager to get into the action, and each “kill” greatly improves
your chances of making the money. Even with good cards, all-in show
downs are marginal.
However, STT’s are a quicker game than an MTT and you want to give
yourself enough chips to bet properly during the middle stages. Consider
reducing starting hand requirements slightly from late position where
there are no raises. This is no limit poker and the expected value of
say, a small pocket pair, can be very high.
Hands that I will play from any position in the early stages: JJ, QQ, KK,
AA, and AK suited. Be prepared to let all but AA and KK go if someone
goes all in.
Hands I will play (for cheap!!) in late position include two suited face
cards, and suited aces down to an eight. You are looking here for a nuts
or near nuts hand (nut flush, full house or straight) that you can
afford to slow play and make a big gain for a small initial stake. I’ll
also play any pocket pair, especially against multiple callers, because
of the disguise value if I hit a set on the flop.
I never bluff in the early stages of an STT. The blinds aren’t worth it,
and if there are multiple callers, one of them will pay to see you. Post
flop you should be mega-tight and never jeopardise either your chips or
your table image chasing the river.
One big difference between an STT and an MTT is where one player amasses
a huge chip lead in the early stages. In an MTT, you hate having them on
your table. They steal the pots while people on other tables are playing
hands. But in an STT I always like a clear chip leader. The bluffers are
in big trouble - whatever they throw in, big stack can afford to call. I
can play nice and tight and still keep up. On occasions I’ve reached the
money in this type of game without making any significant bets.
Summary
Play tight, do not bluff and always remember position. Let the fish die
off, without burning too many chips, but look for cheap opportunities to
make gains. Create the impression you are a rock.
In an STT the time to change gears can be dictated by the number of
players left, or by the increasing blinds. In a tight game, the blinds
can go up three or even four times without anyone being eliminated, but
in low stakes games expect to see three or more players out within 20
hands.
Now loosen up and play your regular game. Middle stages are also prime
time to bluff at a few blinds. By now you’ve seen enough of your
opponents to know who is susceptible to a bluff. Look for semi-bluffing
opportunities in late position (especially strong draws to the nuts).
Use the threat of just missing the money to your advantage – don’t let
it freeze your own play.
Do not overvalue the threat of drawing hands. Ring games (especially low
limit) revolve around multi-way pots. STT’s revolve around two or three
way pots. Anyone with a drawing hand is likely to have to pay you at
least twice for every time you have to pay them. If you’re ahead, raise
and make them pay to draw out on you. And if you reverse this logic, you
will rarely have pot odds to justify playing your own draw hands, unless
you can limp in or you have other outs (e.g. overcards or pairs).
Summary
Middle tournament play should resemble your regular style of ring game
play, but with selective aggression against passive players. More times
than not, you are going to have to “create” something to get in the
money.
Once in the money, remember the premium for winning. When short stacked
avoid the temptation to hope the other players will take each other out.
They’ll be thinking the same and will happily watch you lose on the
blinds. I advocate a more aggressive approach. Look to double up with
all-in plays based on any reasonable cards. You’ll be surprised how many
times the other players fold, and more surprised how often you will win
with average cards. This does not mean go all in with 72o, but A8o is
not such a bad hand when the blinds are killing you.
If you are ahead, keep on the pressure. Respect big raises, but attack
calls, especially where both opponents have put in money. By small
raises, you can stimulate betting between them and get into the heads up
stage even if you lose the pot.
As with all heads-up play, aggression tends to be the winner. On a
straight show down, most hands dealt are a coin toss so the winner will
be the player who wins with the most bad hands, not the one who gets the
most good hands.
Some strategies advocate raising 80 to 90% of hands. I’m not sure if
this is true in no limit STT’s but over a long period of time, success
is based on the number of hands you bluff rather than the number you win
on merit.
Develop your own preferred style. Some players prefer numerous all-ins,
others like to use smaller non-fatal raises. The important thing is to
be comfortable and consistent with your strategy, and to monitor if it
is working. If your records show you get in the money more than 50% of
the time but you are only winning 10% of the time, your heads up play is
almost certainly too passive.