Online Tourneys: When IS it time to accumulate chips?
I've read it time and time again: "The only hand it's worth being allin on at the start of a tourney is AA." "You can't win a tourney on the first hand but you sure can lose it." (The second quote is an oft-paraphrased TJ Cloutier comment.)
Really? So, KK on the first hand is too weak? But, when you're down to 10 BBs 2 hours later it's ok to go broke? Really? What's your time worth? Isn't there another tourney just around the corner? Why is KK (or AKs or QQ) too weak at the start but strong enough to bust out of the money with 2 hours later?
"I can find a better spot later to get my money in with."
Really? I played a 180 runner tourney recently where the BEST hand I got was 77. Yeah, I picked up K4s, Q5o etc, but I think 77 is a little better than those...especially the position I had when they came. So, no, you won't necessarily find a better spot.
The reality of online tournaments (and many live tourneys where you start with only 75-100 BBs) is you will NOT always get that shot later.
You need chips NOW, not when you're short. Would you rather face the chip leader with AA allin preflop when you have 10 BBs or when you have 90? The winning odds
are the same...the only difference is you can really chip up when you have the 90.
And, consider your time and "fun" factor. Where's the fun in playing for 2 hours+ only to bust out right after the money? You paid $1.10 to enter and you grossed $1.60 or so.
I'm not suggesting you become a loose donk. I do recommend you ignore the auto-fold button. Who's on your left? Mr Tightbutt and MsIOnlyBetTheFlopWhenIHit? Think! Try using position. Steal every now and then.
You Need Chips NOW!