WSOP Online Poker News
With the WSOP just around the corner again, online qualifiers are being stepped up everywhere in the online poker industry. It’s that “WSOP satellite” time of the year, and why shouldn’t you be one of the players jumping on the satellite band-wagon? After all, if you win your way into the Big Dance for something like $30-60, you may just become the next Chris Moneymaker, and be honest with yourself: as corny as the whole idea is, you have fantasized about it, haven’t you? Here are a few tips to help you make the most of the satellites you decide to take part in.
Most WSOP satellites are run in a MTT format. The main difference between various qualifier types is that some of them offer only one package (in winner takes all style), while others offer several packages for the top finishers. Your strategy approach is 100% dependent on which type of satellite you’re planning to take part in.
In a winner take all satellite, your position is obvious: you need to be the fox, the one who goes for the win, because second place in these events is only as good as last. This “fox” mentality is a little difficult for most regular MTT players to get into. Everyone is used to the idea that making a final table carries some pretty substantial rewards, and that even making it past the money bubble offers some benefits. Most MTT players are “farmers”. Their first major goal in the tournament is to make it past the money bubble. Once they’re over the fence, they start thinking about ways to make it as deep as possible before busting out. This sort of thinking just won’t cut it for you in a winner take all satellite. Farmers tend to give up marginal value for the sake of lasting longer. They achieve less variance, but they’re usually all gone by the final stages of poker tournaments. Foxes on the other hand, take advantage of the cautious nature of farmers. They play a high variance game, yet in pretty much every tournament, one will only find such foxes at the final table. In winner takes all WSOP satellites “farming” loses its point completely, yet many of the players who are accustomed to playing this style, find it difficult to kick old habits.
The second type of WSOP satellite is the one that gives top finishers a set number of packages. Let’s say one such satellite gives players 5 seats. This means the top 5 finishers will cash in on their efforts, while the remaining field will go home with the proverbial wooden spoon.
In these events, winning is not that important anymore, therefore the “fox” approach described above may not be the optimal approach for you. In such cases, making it past the bubble is all you need to do. Farming takes on an entirely different meaning in this case. In such satellites, chip leaders will often refuse to play any hand (and that includes pocket rockets) as the bubble approaches. The problem is that because of the proximity of the prize, the action will tighten up to the point of ridicule, so you will be forced to play some of the tightest poker you’ve ever seen. Once you reckon you have enough chips to carry you through past the bubble, you can lay back too and watch the other players battle it out.
Regardless of which type of satellite you choose, bear in mind that you will have to win quite a few coin-flips to get there. Pick your coin-flipping spots wisely and for crying out loud: sign up for poker rakeback. I know that poker props deals work best at the cash tables, but getting a 30-50% rebate on your satellite tournament fees isn’t shabby either. The extra money may just buy you that one extra chance you need to make it.
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