Conscious Patience is a Value in Multi-Table Tournament Poker
Multi-table tournament poker players must possess certain personality traits that will allow them to profit over time. You cannot win every single time you play poker, because it is a game where luck plays a part. You can turn your skill into positive, profitable results if you stick to a consistent strategy. This disciplined strategy is made up of many unique elements. It's the result of countless hours spent studying and then first-hand experience at poker tables. Multi-table tournament poker has one goal: to win every table. We want to maximize our potential profit. Multi-table poker tournaments are difficult to win consistently if you don't have a well-planned strategy.
Why is patience important
Because we will be spending a lot of time trying to win first place in multi-table tournaments, patience is essential. If we lose our concentration at any time during this period, it could cost us our whole tournament life and eventually our investment of money.
The unique thing about tournament poker is that the results of each hand will not be instantly recognized. Every chip in cash-game poker has a value. Every hand we play, we win or lose real cash. You do not receive any immediate cash value for the chips that you possess in tournament poker. You are awarded cash prizes based on where you finish in the tournament. The later stages of tournaments are where chips become even more valuable as the prizes awarded increase in value with each elimination. The basis of tournament poker is the "Independent Chip Model (ICM). This model allows us to calculate each player’s equity at different stages.
In tournament poker, patience is essential. We must calculate the expected value +EV each decision we make at a table. We'll limit our chances of making a profit if we don’t have the patience to wait for the right opportunities to exploit the mathematical advantage. Many losing players are unable to be patient and find the right moment to perform certain maneuvers. This is why they lose so often over time.
If they become bored by seeing bad cards dealt repeatedly, weak and losing players may "force" them to take action. This can lead to poor decision making and eventually, they will be eliminated from the tournament much sooner than the more disciplined players.
How patience is required?
Disciplined players are able to be patient and maximize on any profitable opportunities that arise. These opportunities can arise at random intervals throughout tournament play. We must recognize them so that we can take advantage of them. These opportunities are unique to every player because of the sizes of stacks, blind levels and game flow.
There are many factors that will determine how patience a player must have. The most important is the size of their stacks at each stage. If we have bigger stacks than our opponents, we can be more aggressive in our attempts to grab more chips and not risk a large portion of our stack. A smaller stack relative to our opponents means that we need to be more patient and take better decisions. Every decision will affect a large portion of our stack if we do not make it whole.
Because we are likely to end up with an average stack size in the majority of tournaments that we play, no matter how skilled or not, patience is a key trait. We can make a run for the final table by being patient and finding the best spots to increase the stack size. If we don't have patience in these critical parts of the tournament, then we will end up in situations where we won't be able to see a profit over the long term.
Each of these bad decisions has a cumulative effect on our long-term results. If we want long-term success, we need to be patient enough not to miss the best times to show our skill against our inferior opponents. Any lapse in judgment at any stage of the tournament could cost us our entire investment. We need to be wise about where we place our money. Do You Have The Patience To Be A Successful Tournament Poker Player?
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