cjatud2012
¯\_(ツ)_/¯
Silver Level
(I didn't plan for this to be long, it was just meant to be a minor vent, so sorry in advance)
I've been browsing around the interwebzz trying to find good strategy articles for STT's, what's unfortunate is that most of them are very general and don't really provide much insight to a person who has read books on the subject already and posts on here as much as I do. But that's not the point of this thread.
What really bothers me is when I'm reading another one of these really broad strategy articles and they try to say "you should always go for the win, don't try to squeeze into the money". It seems catchy enough, and to a lot of people it makes sense, first pays out more than two 3rd's combined, so why wouldn't you try to win the whole thing?
However, I think it is extremely flawed logic, and STT's are not about "going for first". Rather, STT's are about making +$EV decisions. In order to be successful, you have to make decisions that, while may not seem immediately profitable, will make you money in the long run.
Let's consider an example where we're on the bubble in a 10-man tournament where stacks start at t1500. We're in the BB with t4000 in front, the CO has t1000, the BTN has t3000 and the SB has t7000. Let's say blinds are t150/t300. The CO and BTN fold, and the SB shoves. We have AK. What's our move?
One might argue that the big stack is shoving very wide here, and that we do very well against his range with AK. Also, since "we're not playing to min-cash, we're playing for first", this is a good place to take a risk. Cause, after all, if we call and win, we'll have t8000, the short stack will be to our left, and there are then two players left with t3000 who we can abuse. But...
ICM and the arrangement of the stacks tell us this is a snap fold. We are risking an enormous amount of equity when the short stack is about to be pot-committed. The risk/reward is simply not there. Calling this bet would be criminal! So while it seems like we are being extremely nitty and risk-averse by folding, it's most definitely the most +$EV play-- even though you're not "playing for first".
When you're playing, don't worry that you heard it from someone that you should try to "need" to always go for first. What you "need" to do is make good, profitable decisions, and often the decision to go for first is the least profitable decision you'll make in a STT.
I've been browsing around the interwebzz trying to find good strategy articles for STT's, what's unfortunate is that most of them are very general and don't really provide much insight to a person who has read books on the subject already and posts on here as much as I do. But that's not the point of this thread.
What really bothers me is when I'm reading another one of these really broad strategy articles and they try to say "you should always go for the win, don't try to squeeze into the money". It seems catchy enough, and to a lot of people it makes sense, first pays out more than two 3rd's combined, so why wouldn't you try to win the whole thing?
However, I think it is extremely flawed logic, and STT's are not about "going for first". Rather, STT's are about making +$EV decisions. In order to be successful, you have to make decisions that, while may not seem immediately profitable, will make you money in the long run.
Let's consider an example where we're on the bubble in a 10-man tournament where stacks start at t1500. We're in the BB with t4000 in front, the CO has t1000, the BTN has t3000 and the SB has t7000. Let's say blinds are t150/t300. The CO and BTN fold, and the SB shoves. We have AK. What's our move?
One might argue that the big stack is shoving very wide here, and that we do very well against his range with AK. Also, since "we're not playing to min-cash, we're playing for first", this is a good place to take a risk. Cause, after all, if we call and win, we'll have t8000, the short stack will be to our left, and there are then two players left with t3000 who we can abuse. But...
ICM and the arrangement of the stacks tell us this is a snap fold. We are risking an enormous amount of equity when the short stack is about to be pot-committed. The risk/reward is simply not there. Calling this bet would be criminal! So while it seems like we are being extremely nitty and risk-averse by folding, it's most definitely the most +$EV play-- even though you're not "playing for first".
When you're playing, don't worry that you heard it from someone that you should try to "need" to always go for first. What you "need" to do is make good, profitable decisions, and often the decision to go for first is the least profitable decision you'll make in a STT.