Taking a Shot in Satellites above Bankroll

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blobman

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Let's say your bankroll allows you to play but to $10 SNG. Does that mean you can play a $10 SNG satellite to a $100 MTT? It's not against BRM to buy in to the satelitte, but if you make it to the MTT, you're violating BRM to play if you have the option to withdraw from the target tournament.

It seems to me that if you have the option to unregister from the higher buy-in tournament, you have to to follow BRM, and if you get stuck in the tournament, it was a waste to play the satellite in the first place.

It seems satellites are best for recreational players who might just take a couple shots to win a possibly life-changing tournament package, or at least a cool poker-vacation, or for professional players who have a significant edge on the satellites but just consider them as regular tournaments where they play them over and over again to pick up multiple packages that they then get $$$ for.

For a serious player, it seems they should only play satellites if the target tournament is within their bankroll anyways.

One other related question: when there are steps satellites, do you always start at the bottom step to extract max value? Or if it's within your bankroll you go all the way to the final satellite with the highest satellite value, so it's easier to get to the target tournament but it's less of a value (less ROI to turn $2100 to $10k than $0.11 to $10k, but probably in long run better to do the former than latter if you can afford it).

I've heard the strategy of using semi-traditional BRM with steps tickets, where you only play step 1 until you have sufficient step 2 tickets, then use all the step 1 tickets until you have sufficient step 3 tickets, etc.
 
josipjosip

josipjosip

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ok i play satelites every day for big and hot tournaments and usuly i play when i win ticket but when i do withdraw its only tournament dolars and u cant whitrw tham on acaount and i hate that bicose i get in bubles more often than on real tour and i woud have a big profit if i can use satelite ticket for real mony on pokerstas
 
Marcwantstowin

Marcwantstowin

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Hi Blobman. I enter satelites which are within my bankroll limits, and normally play the tournament I have qualified for even if its above my limits. I think this is the only way some players, (like me), get a chance to "take a shot" at the bigger tournaments and as you say win big!! I don't think this is wrong, only if you spend all your BR trying to achieve the bigger tournaments. Gl with your endeavours......................:D:D:D
 
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blobman

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@Marc: I think this is a good solution for a recreational player or a player with loose/very aggressive BRM, but I don't think it's sustainable in the long run. "Taking a shot" is inherently against proper BRM, whether you're buying in directly or qualifying via a satellite. I would be you'd have a much better ROI player $10 SNGs vs. $10 SNG satellites because if you win a satellite you still have to go succeed at the target tournament.

It seems to me really that satellites don't have much of a point that I can see. You could just treat any tournament as a satellite. What I mean by that is, say you need $100 to buy in to some big tournament, so you play a $10 tournament, and say to yourself that if you cash for at least $100, you'll play the $100 tournament. That is essentially "taking a shot" above your bankroll. I don't see satellites as being any different, except that you're forced to enter the target tournament in many cases.

It seems to me that the only reason to play satellites is to take advantage of weaker players who don't understand what I just said and have some dream of qualifying to the PCA or wsop, or as a recreational player, but if you're a rec player, you don't really care about BRM.

I have to admit that if/when I get access to pokerstars, I'll probably surrender to the allure of satellites, but that's because I'm not a professional player so I'm "allowed" (i.e. I would allow myself) to take shots, whether via a satellite or directly buying in to the event.
 
exidas

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Satellites always good and they made for people who have low bankroll to get into big tournament, they give you chance why we should not take it:rolleyes:
 
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blobman

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@exidas: I just don't get why you need a satellite to get into a big tournament if you don't mind violating BRM in the first place? And if you want to take a shot, it's not immediately clear why you even need a satellite. Like I said in my last post, just get your bankroll big enough for the big tournament's buy in and then take a shot, although proper BRM would advise you not to ever take shots for long term success.
 
Martinez

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I like satellites. They are not just for recreational players but for anyone who wishes to try to enter a bigger buy-in without haveing to pay the full buy-in fee.
One thing to look out for though, is the amount of seats available. If only one or two seats, they are usually not worth the time unless there is a good size chip stack to start with.
As to BRM, try to find sats that are within it rather than going too far afield from what you think you can afford.
 
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