Hi guys,

Do people or anyone of you actually made profit playing PLO tourneys?

I am kind of interested in putting more hours playing tourneys rather than cash games.

But i have read that touneys have very high variances.

Any comments are appreciated.

Cheers

PLO tourneys at the micro buy-ins ($5-10) are insanely profitable as most fish strongly prefer them to cash games. Just lower your opening sizing when facing nits, raise them wide as you'll have insane fold equity, valuebet fish to death, learn to play shorthanded and especially heads-up, adjust your play to different stack sizes.

A popular rule for PLO tourneys is the 'last bet concept', i.e. choose lines so that the last bet (all-in) is yours. Be more c/r happy 35bb deep.

Unfortunately, tourneys don't fill up at higher limits.

When they complain about higher variance, I guess they mean that tournament lives are shorter and their duration has higher variance (they have fewer opportunities to sit their way to the money) and thus there's less room for realising the edge, but it can be a lot bigger than in hold'em so those times when you realise it and cash deep will outweigh the times when you get busted in ridic ways.

Variance is bigger in rebuy tourneys, bigger in freezeouts in terms of $/hour but isn't much bigger in terms of ROI because it depends mainly on prize structures which are the same as in hold'em.

I play deepstack SnGs (with 200bb starting stacks) from time to time so that's not a problem for me - I have plenty of room to outplay my opps postflop.

Hey coon74, thanks for tips. I have never heard of the 'last bet' rule.
Will try it out.

GL

thanks alot for the info I have also been wondering about this

Ty, gl to you too. I found the 'last bet' rule at Omaha Planet, I find it quite logical explaining it by the ICM math and general unwillingness of my opps to lose tourney life (fold equity goes up as SPR falls down - stackoffs are less rewarding than in cash games) but fail to implement it systematically. Disclaimer: I'm by no means an expert, having played 10 $6 tourneys or so, please PM lifes3ps for advanced tips.

Just a small tip, take it for whatever it's worth. When you go like "omg, they are shoving allin, they must have it", they most likely have middle pair.

I find it valuable to play nittish and watch opponents at micros. Who knows what they are doing and who's the fish. Interestingly enough, in a tourney I came in 2nd or 3rd (maybe 50 people) I had a KKQJds hand...there was a PFR and I called. We were in late-ish position flop was a brick and I floated...we checked to river when all draws bricked. Villain showed strong AA that missed the board and he had me crushed. He was the only player at the table with any competence and he wound up one place behind me in the tourney.

Moral of the story, early on play very tight. Get a feel for the opponents more than just playing the cards. Will be valuable in the long run, imo.

Ya, early of the game I was playing loose and lost few times,have to rebuy. Should have play nit in the early duration of the game. I have observed that some players raised and shoved so much till they rch top 10, I wonder if its a profitable strategy..... Or it only works for some pple.

Plo tourneys are very profitable, if you can play tiurneys and plo, obv.

Usually the best strategy is to play quite loose and passively at the early stakes.

Sorry, what do you mean by "loose and passively" at the early stakes?

Cheers

Lol, this reminded me of Slimy's portrait posted by napsus in the iPoker etc regs thread:Apart from jokes, I guess he meant loose-passive preflop and tight-aggro postflop (seminutpeddling) in order to have bigger postflop room and edge over usual opps who play poorly postflop.

Once this thread has been bumped, I wanna ask a question: at which Euro networks do $20+ PLO SnGs run regularly at peak hours? E.g. do they start every 15 minutes or more frequently on iPoker?

This. I wasn't clear enough on my last post.

Ps. That pic is false. The one pointed out by an arrow is my cousin. I'm there next to him.

Haha ok I got your humour.

Played 3 tourneys, in the money but no final table :'(.
Have to work really hard.

Stop, then I don't get the humour. The arrow on the pic was initially meant to be pointed at Slimy and not at you Gr88 unless you're Slimy's cousin (oh really?). Slimy initially wrote simply 'play quite loose and passively', i.e. advised to play like a fish.

My bad, I should have posted a link to the first appearance of this pic to help you understand the context.

That still doesn't mean you or me don't have to work.

dumb question...what is SPR??