МТТ (Multi-Table Tournament) – a poker tournament with the following structure: participants start playing sitting at different tables. MTT begins at a scheduled time and ends when one of the participants wins all the tournament chips.
MTT Prize Pool and Level Structure
Like in any other tournament MTT utilizes a structure with growing blinds. Blinds increase by 1,5 – 2 times on each new level. Level intervals are preset. A 5-minute break occurs every hour. Typically it takes 3-4 hours to reach the bubble stage.
Pay zone is defined for every tourney, but usually 10-20% of participants reach it. Almost always the winnings increase the higher on the tournament ladder the participant gets and the biggest prize is grabbed by the winner of the MTT.
Pros and Cons of the MTT as a Poker Game
The most pleasant feature of MTT is the possibility of winning. For instance, winning a tourney with 1000 players would give the lucky player a prize which is 200 times bigger than the buy-in (a fee player pays to participate in the tournament).
However, it is impossible to beat 1000 players without getting lucky. Thus, high variance is in the nature of the MTT. This means that there is a huge deviation of winnings from expected value. Even experienced players may not manage to reach a single final table playing 100 MTTs. This would lead to negative results.
Therefore, if a player is eager to specialize in MTTs and takes it seriously he should:
— Be tough mentally and be in a good shape;
— Conduct conservative bankroll management;
— Avoid MTTs with enormous player pools;
— Play several MTTs at the same time.
Goals of MTT players
Many players try to reach pay zone by any means, as any further success depends on luck. Therefore such players believe that frequent pay zone winnings would result in a positive ROI. However this strategy is not optimal. Bottom pay zone positions usually rewards players with prizes worth less than 2 buy-ins. Moreover it is quite difficult to achieve such results. You won’t be able to reach the pay zone in most tournaments regardless of how hard you try. Continue reading