Before getting into the fundamental strategies for playing sit 'n go tournament poker, it is essential to understand the key problems associated with bankroll management, and how to solve these problems.
THE PROBLEMS
Problem 1: Playing beyond your means.
THE PROBLEMS
Problem 1: Playing beyond your means.
For some people, money isn't an issue. They can play any way they want and if they lose their deposit, they just keep depositing more money. That is great if you can afford it and you view poker as purely entertainment. For the rest of us, this can be an expensive proposition, and ultimately we want poker to be a profitable endevor. I will show you how to start with a minimum deposit and build a bankroll so you never have to deposit money again.
Problem 2: Moving up too quickly.
Problem 2: Moving up too quickly.
As you build your bankroll you will be tempted to move up to higher stakes. You might be thinking, I can build my bankroll faster if I play at higher stakes. However, when you move to higher stakes you play against better players, and they will take your bankroll unless you have developed the skills necessary to compete at the higher levels. I will show you how to move up gradually and protect your hard-earned bankroll while you develop the skills necessary for the higher limits.
Problem 3: Going on Tilt / Bad Luck.
Problem 3: Going on Tilt / Bad Luck.
We have all experienced bad beats. You get your money in with the best hand and some "fish" sucks out on you. We have also had long runs of bad luck, where the cards just don't seem to work--you continuously miss the flop and your draws do not come. This can be very frustrating and can negatively affect your decision-making process, setting you up for multiple finishes short of the money. I will show you a simple rule that you can use to stop the downward spiral.
In the next section I will discuss how to solve these problems.