All right, you’re doing great. You’ve made it far. There aren’t many points to this part of the strategy, but it’s important. When you get low, you have to maintain patience. It’s tempting to call a raise with a lousy hand like 12s because you know you’re going to get some action, but that doesn’t always happen. You have to keep your cool. Bust once in a while.
Time to Bust
The hurry up time is very important here. Don’t get so greedy that you bust before the blinds get to you. Unless, of course, you’re going for a specific strategy. If you’re going for a loose-aggressive strategy, you want to be asait gratification before you go for it. Go for the blinds once, and maybe you’ll still be in the game.
Just because you are eking out a little bit of profits, you aren’t uber rich just by a few hands. Play tight, sensibly, and make sure when you bet you know you have a very good hand.
For example: you have As, 5h and you limp into the big blind with only a few other players in the game. If you just call the big blind bet, you’re going to get called by several players. It’s going to hurt, but you’re going to make it worth it pre-flop. Similarly, if you raise the big blind before the flop, and then you get re-raised, you are going to bite your tongue and do the right thing. There’s going to be a few plays where you are going to be better off either not doing a thing or taking a small loss.
This is especially true in low blind levels. There’s no way you are going to win blinds every hand. It’s alway negative-sum game, so you are threatened constantly by the blinds. Anything that can help you get in more money pre-flop is good. Hitting the flop to get free chips is great. Anything that lets you get more money in post-flop is even better. As long as you can pay for your raises, you will eventually work up to the point where you can just steal the blinds. This is the easiest place to make money in tournaments at the micro levels. Go out there and find some spots.
Cutting The Rake
You have a % of rake in every pot, as well as a fee schedule. Understand that the majority of this rake goes into the poker site’s profit. However, you can often get a cut of the rake you help to send to the poker site. This is often not done but it is a way for them to get your business
Online poker is a perfect example of this. Poker sites make money by raking in the money. The poker rooms then pay a price to the card room that lets them have a percentage of the rake. This price is also called the rake. Most of the time, the rake you get to play poker online goes into the pot you contribute to the pot. Then, of course, you have to pay the rake.
However, there is a way to get some of this money into your pocket. Several pokerbo rooms will give a fraction of your rake back to you. It’s not much, but it’s enough to make a big difference in your cash flow.
One of the ways they do this is by entitlling some of the tournaments. In order to win, the players in the tournament must have a certain number of players. They then use your bracelet as your tournament credits. You only realize this when you cash out your tenth win and discover your now have ten times as much money as when you started!
You’ll probably notice that as you raise more and more of your rake, you’ll also raise more and more of theirrakeback. Once you’ve gotten used to seeing the flop less of your time, you’ll more and more want that back. Eventually, you’ll in fact get sick of winning their rakeback and want to get some of it back.