Note: This is an excerpt from the first part of the ‘$16 / Hour SNG Blueprint’ and is reproduced with permission. You can learn how to build your bankroll using SNG tournaments at SNG Planet by clicking here.
Sit And Go Tournaments are usually defined as a poker tournament with no fixed starting time. When enough players sit down, the game begins. These can range in size from 2 players to more than 300. This course focuses on 1 table tournaments (sometimes referred to as STTs or ‘Single Table Tournaments’ ) featuring 9 or 10 players, you can think of this as the ‘standard’ SNG, with the many size, structure and betting variations coming from this base.
Payouts for 1-table SNGs are usually for 3 places in a 50% / 30% / 20% of the prize pool format. This has a huge effect on the ‘correct’ strategy (correct from a mathematical perspective), which many of your opponents will not understand – this is a key reason that SNG tournaments are so profitable!
There are actually several reasons why SNG tournaments are a great choice for players looking to build their bankroll. Firstly, these games are attractive to inexperienced players. If you think about when you first discovered online poker, the 1 table games looked like a great way to learn without spending too much in one go…
A second reason these are good bankroll builders is the speed of the games make them ideal to divide up into short and sharp sessions. Add to this the fact that (with the right strategy) they are the easiest games of all to multi-table and you have a situation where you can increase the volume of games to turn on that ‘money tap’ any time you please!
My final reason is that your opponents simply have more opportunities to make mistakes in SNGs than in cash games. The shift in strategy from one stage of the game to another is not obvious, and errors can get expensive (we’ll explain these changes later in the article series!). Good players do not stay playing SNGs for long – the lure of cash game profits or the big-prize multi-table tournaments soon sees them leave, making these games a consistent profit source.
If SNGs sound like the game for you, make sure to check out our list of the best poker sites with sit and gos.
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Written by Bill Nye on July 13th, 2010