Strategy for cashing in mtts

P

PW300

Rock Star
Silver Level
Joined
Jun 24, 2016
Total posts
105
Chips
0
If I'm just looking to cash in a tournament( not win just make the cash) is the easiest way to do this to join the tournament in the last few seconds before registration finishes. Then play real slowly to try and limp into the cash or would I be likely to lose most of the time doing this.
 
TimovieMan

TimovieMan

Legend
Silver Level
Joined
Jan 16, 2016
Total posts
2,264
Chips
0
By the time late registration ends, the blinds are going to be so big, and antes as well, that you'll be shoving a very wide range with no fold equity just to survive more than two or three orbits. You won't be making the money without luck this way. Not a good strategy.
 
N

Nutcracker69

Visionary
Silver Level
Joined
Nov 10, 2015
Total posts
692
Chips
0
By the time late registration ends, the blinds are going to be so big, and antes as well, that you'll be shoving a very wide range with no fold equity just to survive more than two or three orbits. You won't be making the money without luck this way. Not a good strategy.

agreed.

Unfortunately for me I just experienced this this week. Not intentionally. I was trying to find a FB Group friend's tourney to rail and the next thing I know I must have pressed something wrong because the next thing I know I'm late reg'd into a $33 like maybe 4k gtd in the final 5 minutes of 5 hours late reg. Wouldn't me so bad for some of you with rolls but I only started the day with about 50 in my account, so this was most of it. I don't think I made it through the first orbit. I shoved AJ twice, catching a jack high straight first and more than doubling up and then running into AA in the BB. I suppose there is a chance I could have stalled for a cash since I missed by less than 10 with like 36 paid out of 300 entered. But I'm not really the greatest at that approach to tourney poker.
 
Brandlad

Brandlad

Visionary
Silver Level
Joined
Oct 5, 2015
Total posts
966
Chips
0
Poorest approach. You must give enough time to Mtts so that u can build chipstack to last longer in the money.
 
L

Leslie Barnfather

Rising Star
Bronze Level
Joined
Mar 7, 2016
Total posts
13
Awards
1
Chips
3
Even if you use all the time available(including timebank), You would still need to double up at least once to hit the cash. With the size of the blinds/antes when late registration ends, you would probably only have 3 orbits of the table to hit a good hand.Starting early in a tournament gives you a better chance of building a good chip stack while the blinds/antes are low.
 
M

MEJ

Rock Star
Silver Level
Joined
Jun 9, 2016
Total posts
175
Chips
0
Yeah, you do this and expect to cash often.

I think a better strategy is to get in as early as possible and build a stack against typical loose play then play smart from there.
 
H

Haemophile

Rock Star
Silver Level
Joined
Feb 26, 2016
Total posts
192
Awards
1
Chips
0
this strategy is good in a R&A tourney as at last 5 mins you can buy in rebuy and then get addon for a reasonable stack that might get you to the money but in a freezeout tourney you are only going to get into the money about 1% of the time which will more than liokely deplete your br. the only other advice i would say is if it is a rebuy toureny and you are going to BI rebuy and addon then make sure the min cash covers this amount otherwise once again you will be losing money.
 
MattRyder

MattRyder

🍏 Tech That Works!
Platinum Level
Joined
Sep 12, 2013
Total posts
8,309
Awards
15
Chips
0
If I'm just looking to cash in a tournament( not win just make the cash) is the easiest way to do this to join the tournament in the last few seconds before registration finishes. Then play real slowly to try and limp into the cash or would I be likely to lose most of the time doing this.

Are you interested in playing poker or just finding a quick way to make some easy cash? If the latter, there is no easy way to cash-in, short of getting real lucky in a half dozen back-to-back hands. How often does that happen? It has yet to happen to me, and I've played a lot of hands.

Plus, playing "real slowly" is kind of bad etiquette. We have a time bank to allow us to make tough decisions when needed.
 
P

PW300

Rock Star
Silver Level
Joined
Jun 24, 2016
Total posts
105
Chips
0
Are you interested in playing poker or just finding a quick way to make some easy cash? If the latter, there is no easy way to cash-in, short of getting real lucky in a half dozen back-to-back hands. How often does that happen? It has yet to happen to me, and I've played a lot of hands.

Plus, playing "real slowly" is kind of bad etiquette. We have a time bank to allow us to make tough decisions when needed.


I was interested in trying to make as many cashes as I could in a week to get onto the pokerstars mtt leaderboard. Typically you need to make 110 - 130 cashes per week in the micro stake mtts to top the leader board. I don't see how you could possibly achieve this if you enter tournaments early. Surely you would not have the time to play that many tournaments if you played from the beginning.
However, if you enter last minute and hope to double up you may only have to win one hand to reach cash. Obviously, it is more risky but sometimes by the end of the registration period there are only a few players to eliminate before you make the cash.
 
M

MEJ

Rock Star
Silver Level
Joined
Jun 9, 2016
Total posts
175
Chips
0
So if you have to make 110-130 cashes per week to be on the leaderboard, how many do you have to enter in order to get lucky and double up at the last minute? 1000? Who has the time for that?

I was interested in trying to make as many cashes as I could in a week to get onto the pokerstars mtt leaderboard. Typically you need to make 110 - 130 cashes per week in the micro stake mtts to top the leader board. I don't see how you could possibly achieve this if you enter tournaments early. Surely you would not have the time to play that many tournaments if you played from the beginning.
However, if you enter last minute and hope to double up you may only have to win one hand to reach cash. Obviously, it is more risky but sometimes by the end of the registration period there are only a few players to eliminate before you make the cash.
 
B

bnasp2

Visionary
Silver Level
Joined
Mar 17, 2013
Total posts
606
Chips
0
There are 2 good reasons for late reg (for freezout tournaments):
- first is to save time. Unless you are good at building big stack on low blinds, then you would just waste 1 hour to keep about same stack.
- second is that when you late reg at last minute, the blinds will be quite high and you will have stack as low as 10-20 BBs. The strategy with such stack is quite easy to learn, so you wont make mistakes and just need a bit of luck to reach ITM.

But be aware, that only way to make money on MTTs is to aim for final table and probably first 3 places. The rest of wins is just too low.
 
P

ph_il

...
Silver Level
Joined
Feb 5, 2005
Total posts
10,128
Awards
1
Chips
25
If I'm just looking to cash in a tournament( not win just make the cash) is the easiest way to do this to join the tournament in the last few seconds before registration finishes. Then play real slowly to try and limp into the cash or would I be likely to lose most of the time doing this.
I enjoy late registering in MTTs and all my cashes and wins on a particular site was all from late registering with anywhere between 10-20 BBs.

The key to late registering and running deep successfully is a bit of luck and really strong late stage, short stack play. This means being really aggressive and not being afraid to put your stack at risks to double up multiple times in order to make deep runs. Also, if you're short stacking, you need to play for the win and not to just min cash as you're not going to min-cashing enough to show a profit.

Lets say pokerstars pays 20% of players in MTTs. In order to cash in 110 MTTs, you need to play 550 of them. This is assuming that you're ITM finishes is on par with pokerstar's. If you play 550 $1 + .10 MTTs, that's costing you $605. Lets say you min-cash in 110 of them (20%) and you make $3 per cash. That's only $330. You're still down -$275. You would have to cash in just under 37% of MTTs to make a slight profit and you aren't going to do that with late registering and playing passively.

The main problem with your strategy is that the blinds and antes are going to eat you up if you're just folding and limping. And limping is the worst thing you can do with a short stack. Keep in mind that just because late registration has ended doesn't mean you're near the money. You likely have another hour or so of play and people busting out before you get close to the bubble. So, if you're late registering with 10 BBs, do you really think you're going to last an hour of folding to make the money? Maybe once in a blue moon, but never enough to show a profit.
I was interested in trying to make as many cashes as I could in a week to get onto the pokerstars mtt leaderboard. Typically you need to make 110 - 130 cashes per week in the micro stake mtts to top the leader board. I don't see how you could possibly achieve this if you enter tournaments early. Surely you would not have the time to play that many tournaments if you played from the beginning.

However, if you enter last minute and hope to double up you may only have to win one hand to reach cash. Obviously, it is more risky but sometimes by the end of the registration period there are only a few players to eliminate before you make the cash.
How to achieve making 110-130+ cashes in a week? Multi-table. Mass multi-table. It's the only way.

The question is, are you good enough of an MTT player where you can multi-table and do well enough to where you either profit or whatever reward you get for making the leader board covers your rake and losses to give you a profit?

If not, then I wouldn't even concern myself with trying to cash in 130 MTTs in a week and, instead, focus on improving your MTT game as a whole. Also, if we look at the example I gave above of you cashing in 20% of MTTs and still being down -$275, unless top place gives you over $275 in prizes, this whole min-cash plan is a huge waste of time because you'll still be down overall.

Not only that, but are you sure it's just cashes? I don't play on stars, but most leader board contest award points based on how high one finishes. So, getting 110-130 min-cashes might not mean anything and can easily be nullified by a player scoring more points making multiple final tables. Making your efforts a waste, again, of time. I don't know, so may you can clarify for me...

As for your second part, I highly doubt the MTT will be on the bubble just hands after late register ends. It just doesn't work that way. Maybe with the exception of hyper-turbos. And, if thats the case, you should only have about ~5 BBs or less to start. The next time you late reg into a game, look at how many players are remaining compared to how many get paid. I'm positive it's a lot more than you think.

My ultimate advice is, it sounds like you don't have a very strong MTT game. So, I would focus on improving that first instead of wasting your time with leaderboards as you're probably ending up losing more money just trying to meet the 110-130 MTT cash quota.

Instead, focus more on playing well and being more consistent in your deep MTT runs to make a more solid overall profit instead of just relying on min-cashing. Remember, the deeper you go in MTTs, the more money you make. A top 3 finish > a handful of cashes. Then, after your game has improved, go for the leaderboards. Pokerstars is always going to have some type of MTT contest or similar for players to win prizes, so don't worry if you're missing out on it now. Work on a solid MTT foundation first.
 
A

AlbieTross

Legend
Silver Level
Joined
Sep 17, 2015
Total posts
1,302
Awards
1
Chips
1
I always play freezeouts because rebuys piss me off.
 
M

maxdavis4321

Rising Star
Silver Level
Joined
Nov 12, 2015
Total posts
19
Chips
0
If I'm just looking to cash in a tournament( not win just make the cash) is the easiest way to do this to join the tournament in the last few seconds before registration finishes. Then play real slowly to try and limp into the cash or would I be likely to lose

Playing to min cash is -EV. Winners play for the belt.
 
Real Money Poker - Real Money Casinos
Top