What Are The Biggest Poker Tournaments

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Everyday players are sitting down at the tables and consistently making fundamental mistakes because of lack of knowledge, misinformation or failing to maintain focus.

  1. Biggest Poker Tournaments In The World - South Florida Reporter
  2. The Biggest Poker Tournaments In The World
  3. Jonathan Duhamel
  4. The World's Biggest Poker Tournaments
  5. How To Qualify For Big Poker Tournaments
  6. The Biggest Online Poker Tournaments This Weekend

Sep 17, 2020 The Big One for One Drop is one of the most talked-about poker tournaments in the world. Started in 2012, it is a one-off $1,000,000 buy-in Texas Hold’em tournament which has seen players take home. World Series of Poker - Largest poker tournament When it comes to the biggest poker tournaments around the world, arguably the best place to find the most lucrative payouts is the World Series of Poker (WSOP). This one is known as the largest one.

Even just a small strategical adjustment in poker can potentially save you a huge amount in the long run.

In this article we will point out some of the best live and online poker tournament strategy tips you can use to improve your game as quickly as possible.

Tip 1: Play The Right Starting Hands

Whether it be lack of patience, or an unfamiliarity with opening ranges, many tournament poker players still open too wide. This is especially true when it comes to early and middle position opens, where there are still many opponents left to act behind who can be dealt a strong hand.

The problem is when called, wide openers are often at a range disadvantage. Often being dominated by their opponents, they are vulnerable to 3 bets since they frequently won't have a holding strong enough to continue under pressure.

Furthermore, although opening a hand like 7 ♠ 5♠ might at times not be a terrible strategy from early or middle position, speculative hands like suited connectors and gappers, as well as small pairs, work best with deep stacks behind.

These speculative hand types infrequently connect strongly with the flop, so those times they do you want to have deep stakes behind to have the potential to win a huge pot. Modern day tournament structures often only see deep stack play occur during the first few levels of play. This leads us into the next tournament poker tip, being stack size aware.

Learn which hands to open raise in MTT's - Watch lesson 6.1 from the Road to Success MTT Course. A power-packed 50 minute video below, just use one of the button options to unlock it and get instant access.

Tip 2: Be Stack Size Aware

Effective stack size plays a critical role in a tournament players success.

Having a deep stack, and therefore expanding an opening range to include a lot of speculative suited hands and small pairs is a tournament strategy that is going to be punished if a number of short stacks are yet to act behind. This most notably occurs in turbo tournaments where the average stack size is quite short.

Short stacks will be in push-or-fold mode. Being short, they don't have time to wait and will be looking to take any opportunity they can to move all-in. This high rate of all-ins will leave wide openers frequently being forced to relinquish their hands, without even having the opportunity to try to hit a nice flop. Problematic hands often include; J8s , KTo and weak Ax hands.

It's not just short-stacks that can cause a problem, aggressive players will be looking to attack wide-openers. This is especially true when a player opens with a vulnerable M8-M14 (20bb-35bb) stack. 3 bets get good leverage against this stack size, since continuing in the pot represents committing a significant portion of a players stack.

Wide openers would be wise not to commit a large percentage of their stack with marginal holdings, and so will be forced to fold, or face being in a high-risk situation. Staying aware of your own stacks utility, as well as anticipating how opponents will utilize their stacks, is an important tournament poker tip to keep in mind.

POKER TIP: If you are currently using BB to calculate stack size, here's a look at why using 'M' is a better MTT strategy.

Tip 3: Be Careful Overplaying In The Early Stages

As a stack gets deeper, the less willing a competent player will be to put their entire stack at risk since they have more to lose. It's rare to see good players all-in during the early stages of a tournament with hands like AKo or JJ preflop.

Smart players recognize that their counterparts aren't going to be risking their entire stack with weaker hands like AQo . Therefore, even a strong hand like AK could be at a significant equity disadvantage facing a deep stacked opponents all-in range. Could you fold QQ here?

Rather than putting in an extra raise, often times just calling with even very strong hands in the early stage of a poker tournament has great benefits.

  • Allows your opponents to continue with hands they were folding to a re-raise that you have crushed.
  • Disguises the strength of your hand and keeps you unpredictable.
  • Prevents you from getting all-in facing a super strong range where often times you're crushed.

Tip 4: Continuation Bet Aggressively But Not Always

Players have learnt the value of c-betting, but it's a strategy that is often misapplied. Being the preflop aggressor shouldn't lead to a mandatory c-bet and double barrels.

This is especially true in multi-way pots yet players continue to make fruitless c-bets with weak holdings into multiple opponents.

Biggest Poker Tournaments In The World - South Florida Reporter

Even in heads-up situations, key factors to consider include;

  • How does the flop texture interact with players ranges?
  • Who has the strongest range?
  • Who has nut advantage (the biggest share of super strong hands)?
  • How passive or aggressive is the opponent we're facing?
  • How does the stack size/SPR allow us to operate on the flop and future streets?

The following hand illustrates the effect nut advantage can have on profitable continuation betting and how it applies to this tournament poker tip:

Tip 5: Be ICM Aware

The Independent Chip Model or ICM, is a great model players use to make more profitable decisions when deep in a tournament and especially at a final table.

Unlike in cash games, chip values fluctuate depending on the stage of the tournament and the competing opponents stack sizes. At it's most extreme, ICM strategy can make A♠A♣: an easy fold preflop.

Imagine a situation in a satellite where 9 players get a World Series of Poker entry and there's 10 remaining. The action folds around to a player with 100,000 in tournament chips who moves all in from the small blind. You're sitting in the big blind with A♠A♣: and also 100,000 in chips. You look around and see a few opponents with only 1000 chips left, which is the size of the current big blind. Obviously one of these short stacks is likely to bust very soon.

Obviously one of these short stacks is likely to bust very soon. Moreover the chance that they collectively out survive your 100,000 stack is extremely remote. You'd likely be a 99% chance to get a WSOP entry, so why would you call with your A♠A♣ and risk busting next around 20% of the time?

Aside from calling too wide in spots when the most profitable strategy is to proceed tightly, the opposite can also be true when it comes to pressuring your opponents. ICM allows players when they have the opportunity to assert pressure on there opponents stacks, to go ahead and do so liberally, since thinking opponents counter-strategy is to play a tight range of hands.

Here's an example of how drastically a hand range can change when the opportunity to assert pressure at a final table exists. 5 of the 6 remaining players at the Pokerstars Sunday Millions have 15bb's, whilst the UTG player has a short 2bb stack. Since the 15bb stacks wants to avoid busting out next and missing out on a large pay jump before the immanent bust out of the 2bb stack, the small blind can adjust their all-in range. Instead of the profitably 57% all-in range in normal play, they can move all-in with 100% of hands to apply pressure on the big blind.

Whilst the big blind should adjust their calling range from the regular 36% to just 10% of hands to account for the ICM effect in play.

The Biggest Poker Tournaments In The World

The PokerNerve Road to Success course teaches players how to master ICM situations, which is key to tournament poker success since ICM comes into play as the prizes become significant. If there was only one tournament poker tip that you take away from this article, it's that you need to know ICM!

Tip 6: Bet The Appropriate Size

Strong players are capitalizing on their opponents tendencies to bet too big or too small in a number of different situations. With some similar considerations to that of continuation betting, when selecting a bet size important aspects include;

  • Which player's range does the board texture favor?
  • Who has the greatest nut saturation?
  • How does SPR influence our betting strategy

There are many great articles online about bet sizing. You should be sure to check out ThePokerBank's and the Pokerology's to learn more about this tournament tip.

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Tip 7: Take Equity Realization Into Account

Possibly due to the popularity growth of Twitch, many poker players approach to big blind play has evolved. The current trend is to defend the big blind with virtually any 2 cards, as some top pros elect to do, and the justification for this is taking advantage of the excellent pot odds being offered.

While the inclusion of antes combined with commonly seeing a small open raise size does offer the big blind generous pot odds, this has led to a fundamental flaw in the way many players approach big blind play in poker tournaments. The key concept overlooked, is equity realization.

Equity realization reflects a players ability to take a certain hand, and win their share of the pot, frequently enough, to make it profitable in the long-term. Although some top pros have the ability to win their equity share of the pot even out of position, less skilled players rarely do. This leads to a large chip loss in the long run.

It is quite difficult to realize of your equity when out of position, with no initiative and a weak range. This means them glorious odds you are being offered aren't quite as good as you think!

The following article explains this crucial tournament poker tip in more detail; Equity Realization.

Tip 8: Don't Miss Double And Triple Barrel Opportunities

'One and done' is the plight of many aspiring tournament poker players. Everyday at the tables I see players missing profitable opportunities to double, or even triple barrel. Understanding what turn and river cards are advantageous to a players range, along with opponent tendencies, are crucial parts of a winning barreling formula.

The most common scenario at the table, is a heads-up pot where the big blind calls an open-raise. And this happens to be a great spot to barrel. Big blind defenders have a wide range, and it's important to pressure this wide range, especially on only partially connected board textures with one or multiple high cards.

Jonathan Duhamel

RedChipPoker has a great article on spotting profitable double barrel opportunities which you can read here: THE +EV DOUBLE BARREL GUIDE

Tip 9: Check-Raise More Flops

The biggest difference between the current tournament population, and the future generation, will likely be their approach to check-raising the flop. This opportunity typically occurs in a heads-up pot, after defending the big blind verse an opponents raise.

Currently, MTT players only check-raise the flop in this situation around 7-8% of the time, when closer to 20% is a more optimal strategy. On certain flop textures, check-raising close to 25% of the time is an extremely profitable strategy. And if players are getting out of line with their c-bets, then check-raising at an even higher frequency could be a profitable exploit.

By giving up too easily on a wide range of board textures, or taking a more passive approach and simply calling, c-betting can be done with reckless abandon. However, by selecting a nice mix of check-raising hands, combining some strong hands with some good semi-bluffing candidates, a check-raiser can become tricky to play against and exploit the average players tendency to over c-bet.

POKER TIP: Applied correctly and check-raising becomes a super powerful weapon in your arsenal leading to more profitable poker results. But also think beyond the flop, there's plenty of check-raising opportunities you may be missing. This video demonstrates an interesting turn check-raise situation.

We discuss check raising strategy in more detail in our post over on unfeltedpoker.com.

Tip 10: Develop A Good 3betting Strategy

What

Whilst 3 betting aggressively is a strategy many players employ, especially in online poker circles, failure to apply optimal 3 betting strategies has certainly led to a lot of spewy poker. Simply attacking opponents who are suspected of opening wide doesn't cut it in the modern poker world.

Players have learnt to deal with 3 bets more profitably, by mixing in some calls with timely 4 bets. Moreover, the role stack size plays when it comes to 3 betting it still largely misunderstood by much of the poker community.

What Are The Biggest Poker Tournaments

Sure there are certain stack sizes where 3 bets gain a lot of leverage, but how about the role blockers play? And when is 97 a better 3 bet candidate than KT♠ ? These are just some of the considerations when it comes to a profitable 3 betting strategy. See how to design strong 3betting ranges in this article by Donkr.

Bonus Poker Strategy Tip: Avoid and Deal with Downswings

As a poker player you want to earn your money as easily and as stress-free as possible right? Well, understanding ROI, variance and bankroll management can help (see TopPokerValue's article on bankroll management).

All poker players at some point experience downswings. In some cases, this can affect their play, volume or state of mind.

You'll be miserable, hating poker, playing less and earning less per tournament as your play will suffer.

Along with finding ways that work for you to keep a positive mindset, taking pro-active steps can help keep you confident by knowing you are dealing with the situation like a professional whilst at the same time taking positive action to get back on track and winning.

What is ROI and variance?

Every tournament you enter has an EV associated with it. So if you enter a $10 tourney, as a good player maybe you have a 30% ROI, so you make $3. So it doesn't matter whether you brick that tourney or win it for $5000, you make $3 in the long run.

Now, of course, you don't make $3 each time. 80-85% of the time you lose that $10, some percentage of the time you win a little bit, and some very small percentage of the time you win a lot. How small those ‘small percentages’ are primarily depends on not only your skill edge, but also the field size which is an extremely important concept that is often ignored.

Variance is a factor of two things:

1) Your edge

2) The field size

Example 1)

You play the Hot $55 which has $30K guaranteed, every day for a year on Pokerstars. It has 1600 runners and you have a 5% ROI, because turbo ROIs are small. Your average yearly profit is $605 however you will lose money on the year 55% of the time.

Example 2)

You play a $20 tourney with $3K guaranteed on a softer site every day for a year. It has 200 runners and you have a 30% ROI, because it's a normal speed tourney and you’re against an easier field. Your average yearly profit is $2400 and in this case you lose money only 12% of the time.

A lot of people would look at those two tournaments and make a decision based on the buy-in and 1st place prize money as to which was better to play, and it would be grossly wrong. Once you accept all the above, you realise that the 'up top' number is largely meaningless.

Yes, on the same site bigger fields may mean a lot of fish have registered to play, but you'll find a lot of small field, soft, non-peak hour tournaments have a great pro-to-fish ratio and hence are great value. Of course once you consider other sites that have smaller fields, you'll often find they are a better choice than what might be running on Pokerstars.

So what can you do?

When players start losing money and along with that, confidence, not only does their game deteriorate but they often compound that problem by failing to make rational decisions. Often losing players, or players on a downswing, go 'bink chasing' and decide to take a shot to win all their money back in one tourney. Or load up some quick $82 hyper-turbos to try to turn it all around quickly.

People get overly fixated on what's 'up top' and wanting to score big in one tournament. That’s a sure-fire strategy to fuel a down swing. If your house got knocked down would you try to slap it back up in a week? Take that opportunity to rebuild a better, stronger house.

Make sure you're adding in some study and keep focused (see Sky's Matsuhashi How To Study Poker series), and stay fresh and positive as you approach each session. Be smart and get back into profit quicker instead of enduring a 6-12 month variance rollercoaster!

Closing Words On Tournament Poker Tips

Poker is a multi-faceted game which makes it fun but challenging. Challenge yourself to factor in the relevant concepts, and make more profitable decisions. Tighten up from the big blind, and in general around the table. This tip often quickly improves a new players results, or those that have a got a little sloppy with their play.

Calculate stack size using 'M'. Always be aware of your own, and your opponents stack sizes so you don't get yourself caught in awkward situations. One awkward situation that often comes up is when you hold an overpair to the board and an opponent puts the heat on you. Don't be afraid to make big lay downs to preserve your stack, especially in the early levels.

Be aware of your cbetting frequency. There's no need to waste tournament poker chips cbetting every time, especially when the pot is multi-way. Pick your spots to make profitable plays. Remember when it comes to the final table, regularly profitable playing ranges might alter due to the payouts. ICM is the key when it comes to those final big decisions.

Another key to success is knowing when to fire multiple bullets at your opponents. Barreling, especially against a wide big blind range can really help increase your non-showdown winnings. Finding ways to accumulate chips without always having the best hand is what top players do. This is why check-raising and having a good 3 betting strategy is so important. Correct use of these strategical concepts and the other tips outlines will get you winning more at the tables.

Now that you've acquired some great holdem tournament strategy tips to help you achieve MTT success, go out there an implement them!

One of the quickest way to improve your poker game is to take on a poker coaching, a course or join a poker training site; if that is something that interests you be sure to check out the PokerNerve road to Success Course for some advanced poker tournament strategy or you can check out HowToPlayPokerInfo's guide on poker training & poker courses to find the right option for you.

Any other poker tournament strategy tips? Leave them below in the comments, we would love to hear them!

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If you’re searching for the top USA poker tournaments then let us draw you a map. Thanks to many years of experience in the industry, we’ve been able to dissect the best MTT products the US has to offer and give you an insight into what makes them tick.

Suitable for high rollers and aspiring amateurs alike, our list of top US poker tournaments will be enough to point you in the right direction if you’re looking to make your fortune on the live circuit.

The World Series of Poker: WSOP

Arguably the most impressive live poker tournament in the US, the World Series of Poker (WSOP) is an annual event that comprises of more than 60 tournaments. Held between the end of May and the start of July, the mega festival is one of the top USA poker tournaments for a number of reasons. Aside from offering a slew of money-making opportunities, it serves as a proving ground for the every grinder in the world.

Each WSOP event offers a bracelet and over the years these have become synonymous with success. Although some bracelets may be more “prestigious” than others, anyone who has managed to win one will be forever noted amongst poker’s finest.

The WSOP was started back in 1970 when a group of the world’s best poker players decided to crown a champion. Initially decided by a vote inside Binion’s Horseshoe, the annual gathering soon turned into a tournament that would later become known as the Main Event.

Since that time the Main Event has evolved into the largest tournament on the US poker calendar. In fact, that only thing that hasn’t changed since the MTT was founded is the buy-in which has always been $10,000.

Each year the Main Event is flanked by a host of side events with buy-ins ranging from $1,000 to $1 million. All offering bracelets, these tournaments are a chance for players to prove the prowess across every poker variant imaginable, including: Texas Hold’em, Pot Limit Omaha, Stud, Draw and H.O.R.S.E.

WSOP Circuit: WSOP-C

Born out of the WSOP’s success, World Series of Poker Circuit events are basically smaller versions of the main festival. Featuring a variety of tournament with a Main Event heading the schedule, WSOP-C events take place in various locations across America.

In total the tour boasts 21 stops, including some of the top live poker rooms in the US such as Foxwoods and They Bicycle Casino, and players are given WSOP-C rings for winning an event. Mimicking the bracelets given out to WSOP winners, the rings are now established as a symbol of success for many players.

Although the WSOP-C lacks some of the gravitas its bigger brother holds, many American grinders still see it as one of the top USA poker tournaments. The reason it’s loved by novices and aspiring pros is that it offers a steppingstone to the elite levels of the game. Typical buy-ins for a WSOP-C event will run from $300 to $1,000 and the structures are such that those with a job can still enjoy the action without impacting on the work.

The World Poker Tour: WPT

One of the US poker tournaments that helped spark a global poker boom, the World Poker Tour (WPT) is still one of the top organizations in the industry. Starting off as a handful of elite level tournaments, the WPT has since evolved to offer a mixture of high, medium and low level MTTs.

One of the main reasons why the WPT captured the imagination of the general public is that it was one of the first US poker tournaments to be shown on live TV. Utilizing Henry Orenstein’s invention, the hole card, the WPT was able to produce highly entertaining shows that aired on national TV.

Hosted by Mike Sexton and Vince Van Patten, each $10,000 WPT event would feature the world’s best players fighting for prizes worth in excess of $1 million. Gus Hansen, Daniel Negreanu, Mike Matusow, John Juanda and Phil Ivey all became household names thanks to the WPT.

Today the WPT isn’t just a top US poker tournament. Visiting countries as diverse as the UK, South Africa and Cyprus, the tour is now a global powerhouse that gives punters the opportunity to play high quality tournaments from as little as $3,000.

WPT DeepStacks

In the same way the WSOP-C grew out of the success of a larger festival, the WPT’s DeepStacks offering was a way for low stakes players to enjoy a slice of the action. However, unlike the WSOP-C, WPT DeepStacks took an existing tour, the DeepStacks Poker Tour, and gave it a new edge.

Featuring the same high quality structures and organization as the WPT’s main tour, each DeepStacks festival has become a proving ground for aspiring pros. In recent years a host of players, most notably Dwight Pilgrim, have won cash and critical acclaim on the WPT’s smaller shows.

The World's Biggest Poker Tournaments

Travelling across the USA to venues in Oregon, Central California, Los Angeles and San Diego, the tour’s Main Events cost $1,000 to play and everyone that cashes in an event will earn points towards the Player of the Season title. The person who clinches this title at the end of the season will win a seat in the WPT World Championship as well as a WPT DeepStacks sponsorship package which includes free entry to a selection of US poker tournaments.

Heartland Poker Tour

How To Qualify For Big Poker Tournaments

Heartland Poker Tour (HPT) is a syndicated poker-based TV show that airs 52 weeks each year. Following the top low stakes poker tour in the USA, the show was created by Greg Lang and Todd Anderson in 2005.

At first the tournaments were aimed squarely at players in the Midwest, but since the HPT has grown in popularity its spread to numerous locations across the country. The tagline for the tour is “Real People, Unreal Money” and refers to its affordability for the average poker players.

The Biggest Online Poker Tournaments This Weekend

Depending on the venue, each HPT Main Event will cost around $1,500 to enter, but during each festival there will be a slew of side events with buy-ins starting from $200. Thanks to the accessibility and popularity of the HPT, the show is now shown across hundreds of TV stations in America, Europe and the Caribbean. Moreover, the organization now provides a high quality tournament product for thousands of low stakes poker lovers across the US.

The top poker tournaments in the US attract a huge number of players, but if you make it to one of these tournament’s final tables, you can win millions!

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