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Me cues winning tournaments. This powerful work is oneotthem.Irecommend fj} Serene ae ea ee on entra ee nan a ee acy eee ee ¢ eC CL } ee ec ee hange-your game-to get resus, Snyder reveals the power of chip utility, ee RC eet oe keen et ee eet anc en et eee eet ent eee cate iain ant In this long-awaited companien book to Poter Tourmanen! Formula, Snyder tears apart the conventional thinking on poker tournament stritegies, and reveals for the first time what the top pros really are doing, If you've got the heart anel the guts—and with this book, youll naw have the knowledge you may soon he able to join their ranks Sarasa rs ee ae) Sect ee eee See er erent Aree ne See eens Ba arent and Using Attack Dynatnic er eet Nhe Ce en ey ee ee oer | 1 ATOR FORMULA®2 Advanced Strategies for Big Money Tournaments POKER | -TOURNAMENT- FORMULA | = ARNOLD SNYDER = CARDOZA PUBLISHING FREE GAMBLING NEWSLETTERS Sign Up Now! Sign up for Avery Cardoaa's email newsletters and you reeive thee for ice: Aer Gana’ Pay Nester, Acer Crd Gambling Neste, and ory Carlca’s Onl Gandy Newser Our newsleery axe packed with tips exper strategies, special cisconmts, free money sign-up bonases fo | ‘online sits, prepublicaion discounts, poker and gaming tournament schedules nes, and warcs of wisdom from the would’ top experts and anthortes, Andi whav’shest—~they're FREB! Sign up now! www.cardozabooks.com Cardaza Poblishing isthe aremest gaming peblisher in che work, wih A hibrary af over 200 uptodate and e2sy-tnteaa books and strategies, “Thre authoritative works are wrtton by the top export in their elds and with more than 10,000,000 Looks in print, sepresent dhe bestseling find mos: poplar gaming books anywhere! FIRST EDETION 00H by Arnold Snyder All Rigts Reserved + See page 496 for free book offer! Library of Congress ISHN 15002-22600 stalog Carel Nas 2008027148 (Visi our web sic wrwweardozabooks. com—or wets fora fll ket of books anil computer strategic. CARDOZA PUBLISHING PO, Hox 88115, Las Vegas, NV #8103 Phone (800) 577-WINS ennall: cardcabooks@ack.com www.cardozabooks.com ‘About the Author Arnold Snyder isa gambling legend revered by millions of players who have made money fiom his advice. He snakes his living as a professional gambler and consistently ranks in the top 5 percent of professional tournunent poker players. Tu the 2007 WSOB, for players who entered at least ten events, he ranked among the top five players, percentage-wise, for cashes per tournaments played. He is the author of many ties, including the sensational companion book, Poli Tournanent Barna Wisely regarded as one of gambling’s top analysts and strategists he has ofien appeared as an expert witness in incustry-related court ‘cases and hats lectured on the mathematics af gambling at major universities including Cornell University in Ithaca, the Universi of California at Berkeley, and the University of Nevada in Reno, He was inducted into the Blackjack Hall of Fame in 2003 as one of its seven charter members. He lives in the mountains west af Las Vegas with his wife and gambling parmer, Radas, and their five cars Su b ® |) TABLE OF SIS CONTENTS INTRODUCTION... save VD ‘Most Of what You Know fs Wong ” Hos This ook is Ditierent From My Hes Poker Bok 1 PART I: PRINCIPLES .. pe 2S fic ily 1. THE BIG SECRET: CHIP UTILITY... 25 geen {CHS ARE AMMUNITION-NOT MONEY 2 THE FUNCTIONS OF HPs ta TOURNANIENT.- 33 Poh Uy Fete 33 Tese-lop/Tarn lay Bancions 3 Kier ly Fancons, 3% SHORT ON CHIFS EQUALS SHORT ON UTILITY. 38 EMGTIONALINTELIGENCE 2 THE FUNDAVENTAL LAW OF ChIP UTLEY mn THE SKILL FACTOR “6 Cp Un AND Pot bbs ae CCHIP UTILITY—THE PROS’ SECRET. WHY IS EVERYONE PLAYING WRONG? 3 5s THE BIG BONER ae sas 8 HOW CHIP VALUE THEORY AFFECTS STRATEGY ea ‘THE DEBATE OVER CHIP UTIUTY THEORY veennnmsnnenen 63 WHAT ABOUT TRMIAL WINS AND LOSSES? nnn 66 ‘CAN WE EVER ASSIGN AN EXACT DOLLAR \VALUE TO OUR CHIPS? . (CHIP UTILITY AND “GAME THEORY’ ‘THE MONOPOLY CONNECTION (QUANTIFVING CHP UIT... Dosninan Us Pall Ulity Compedisve Ua Moderate Uli Low Using No Usisy zy HOW STYLE AFFECTS UTILITY ono PUTTING NUMBERS ON UTILITY... SUMMARY... |. ANALYZING A TOURNAMENT'S STRUCTURE: THE UTILITY FACTOR... THE PATIENCE FACTOR Works Mest Patent Paver Meecuing the Bind-O Tne plications of the KlineO" Time Blind Sieucure Males Big Dilerence ‘THE PATIENCE FACTOR IN SLOW-STRUCTURED EVENTS... Comparing Seven WSOP Event. Stractare and Tournament Speed ‘THE TOURNAMENT UTILITY FACTOR RANKING TOURNAMENT VALUE BY STRUCTURE. Udy Factor Blow 5; Rank 0 Touraamentsrsscsos 108 Vit Faetor 6:20: Rank [Tournaments oe Uiiity Factor 21-00: Rank 2 Texrnaments oe Uailiry Faetor 61-100 Rank 4 Tournaments os Usiisy Factor 101-200: Rank 5 Tournaments oe Uy Factor 201-4 Rane 6 Tournaments 06 BUYIN DOES NOT EQUAL LTLUTY. ADJUSTMENTS 10 THE UTUTY FACTOR UTILITY FACTOR... BEWARE OF WEIRD BLIND STRUCTURES... ‘Sammasy 3. UTILITY ODDS POT ODDS: THE WRONG MEASURE cnn 7 S1.C00 WSOP Example ur WSOP $19,000 Man Event Example m0 Another WSOP Man Bovnt Example ke UTILITY ODDS REQUIRE JUDGMENT... PART II: SMALL BALL VS. LONG BALL VS. UTILITY... ‘SWALL-BALL STRATEGY OVERVIEW. LONG: BALL STRATEGY OVERVIEW. SMALL BALL AND UTILITY ‘oval Hall ands to Play Raising Hinds and Stations Keeping Your Chips in Action ‘More Smal Holl Aer the Flop Semall Ballin Action. Manipalsting Yor Opponents Uubty Bembene thai Sack (OFF TO THE RACES. Making Race Decisions The Conysutional Waidon on Cain Fs, The Blatematis of Raciy with Bie Shc, The Mathemies of Rain with ig Pais Cam a Proftnile Raving Strategy Be Devic Races: A Uitty Decision JOHN PHAN-SNAPSHOT OF A LONG BALL LEGEND . ‘THREE TIPS ON GETTING STARTED IN PRO-LEVEL EVENTS....160 ip One 10 sp Tn 1s ip Thee 132 5. SHIFTING GEARS. FORGET THE “GAP” PRINCIPLE IN TOURNAMENTS HOW TO PLAY A "RUSH" AND HOW TO FIGHT & "RUSH? on 167 HOW To PLAY IN LOW GERR... PLAY IN THE DARK. 6. BLUFFS, READS, AND THE PSYCHOLOGY (OF THEFT. STEALING SMALL POTS VS. STEALING BIG POTS. Tey Larceny Grane The FIVE EASY FLEECES, - 1 The Blind Sel Discussion Suing ae Blinds Hoan the Hijack Seat Stealing the Blines Brom the Calf Seat Sica tae Bins From the Button 2. The Coninaaion Bla. Diseussion 3, The Posiion Blu! After an Opponent Limps (or Cheeks Tiss A. The Information Bla Discussion 5, The Vale Bet Ball Discusion, a HOW TO MAKE UP YOUR OWN BLUFFS.. THREE COMMON BLUFFING MAVTHS, 1s Too Ey Bla? Lk Taker « Stu Ungar t Hire Three Sho 8: Amateurs Don’t Take Shots How NOT TO BLUFF. WHY SO MANY PLAVERS TODAY MAKE BAD BLUFFS. ‘Why Blafing According to “Came Theory is a Misake.. : A Dro Poker Payee Chins In Sklansky’s Bad Buafing Adhice Don't Blame vo Neuaa Real World Bhaing 10 PLAYER TYPES IN PRO-LEVEL TOURNAMENTS sons 216 The Harish. ae he Killers a4 The Super Stare au he Hangers-on The Groepes, LOOKING FOR TELLS ON YOUR OPPONENTS. WHEW A PLAYER STARTS TO ACT OUT OF TURN. WHAT IS A READ? (THE AMAZING KARNAK). SUMMARY... - 222 224 226 oar 7. ATTITUDE: TWISTIN’ THE KNIFE WITH A SMILE. TEST QUESTION... . ADDING ATITUDE TO YOUR WEAPONS... Developing due “Rid” Aude Daniel Nerranu Shovsing Down a Balt 233 Be Care About Announcing Oppenents Cate. 256, Depessoaaitzing the Fem TEST ANSWER... 8. TABLE IMAGE: THE FEAR FACTOR... TABLE IMAGE IN TOURNAMENTS VERSUS CASH GAMES...241, JOHN FOX'S THREE ADVANTAGEOUS IMAGE TYPES... THE INTIMIDATING IMAGE: HOW TO TIGHTEN UP YOUR OPPONENTS se THE WILD IMAGE AND BLIND SNIPERS. Enhancing Your Wild Image: Don't Show Every Trash Hand DEFENSIVE PLAY: DON'T TREAD ON MIE. Defencinghe Blind Information Het Concinuaion Bet Against Welk Players, PART Ill: STRATEGIES. 9. THE FIVE PHASES OF A POKER TOURNAMENT..... THE FIVE PHASES. PHASE ONE: STACK BUILDING... PHASE TWO: THE MINEFIELD... PHASE THREE: THE BUBBLE. PHASE FOUR THE MONEY PHASE FIVE: THE FINAL TABLE... 10. PHASE ONE: STACK BUILDING—TAKE THEIR CHIPS WHILE THEY'RE NAPPING. THE SURVIVAL FALLACY.. MARK SEIF GONE WILD... Sais "Dig" Hane Analyzing the Has, SK AND REWARD IN PRO-LEVEL SHORT-STACK TOURNAMENTS... SHORT STACK PHASE ONE STRATEGY: 7 GUIDELINES....277 Guideline | 27 Guideline 2 277 Guidcine 3 SuLaT7 Guideline # Lliiconnes Conn a7 GUMEENE coeneweesonecsenedenace 270 Guideline 6 eee 279 Guideline 7 20 DDEEP STACK PHASE ONE STRATEGY: 6 GUIDELINES. 280 Guiditine L am Guideline 2 Lo oo 381 Guideline 3 — nn 301 Guideline Foo oe Guideline 5 Sos 283 Guideine 5 i 383 (ON TO PHASE TWO... 284 11. PHASE TWO: THE MINEFIELD... WAITING FOR THE CARPATHIAN on USING THE STACKS AT BLIND-OFF MME AS A TELL. The Stony Tal by the Seacks Starts Getting Dangerous! You'll Know Whe: the Minels His Buunping sto Shar: Stacks Sorte and DeepStack Tournaments ATTACK DYNAMICS... " ‘Minefield Attack Dynamics PLAVING A MEDIUM STACK DURING THE MINEFIELD... Gown x Real Hand, A-O During the Mink Phase Tiehtay Ansiments in Favor of Fate AQ. Arguments Against Fading AC. Why You Dent Fold LIVING A SHORT STACK DURING THE MINEFIELD... PLAYING A BIG STACK DURING THE MINEFIELD, BIG STACK VERSUS AVERAGE STACK... The Bitch Slap. BIG STACK VERSUS BIG STACK WHEN A DESPERNTE PLAYER PUSHES ALL IN Teokaing When You're Not Uslity Consticted Ganging Upon a Skill Phyer READY FOR THE NEXT PHASE. 12. PHASE THREE: THE BUBBLE— A BUFFET OF CHIP SANDWICHES eennnew MAKING CHIPS OR MAKING THE MONEY? THE BUBBLE IN RANK 1-3 (SHORT-STACK) EVENTS. THE BUBBLE If RANK 4-6 (DEEP-STACK) EVENTS PLAYING A SHORT STACK DURING THE BUBBLE. ra Fo Trotvecad, PLAYING AN AVERAGE STACK DURING THE BUBBLE Tivo Live Card with an Average Stack, PLAYING A BIG STACK DURING THE BUBBLE... {WHAT COMES AFTER THE “DINNER” PHASE” 289 2a 203 294 298 289 su su 301 303 305 306 308 309 sia 311 sn 13.PHASE FOUR: THE MONEY— EXPLOITING MASS RELIEF... THE THINNING OF THE HERD enn THE MONEY PHASE IN RANK 1-3 EVENTS... 388, ‘THE MONEY PHASE IN RANK 4-6 EVENTS, ‘THE SEABISCUIT MOVE (GUARDING AGAINST SEABISCUIT SHORTHANDED PLAY orn ‘SHORTHANDED STRATEGY CONSIDERATIONS BASED ON THE MATH 14. PHASE FIVE: THE FINAL TABLE— LAST CHANCE TO SCREW UP POWER PLAYS AND TRAPPERS.. ‘SHOR-HANDED PLAY ITH FEVER THAN FRE PLAYERS. 556 [MY OWN FINAL TABLE EXPERIENCES... My Toutnaruett Record sen HOW NOT 10 PLAY & FINAL TABLE Mistake #1 Giving “Free Cand hy Pushing All in 360 Analysis 301 Key Udlity Decision. a8 $5,000 Circuit Event land. sccssozene 4S ‘Analysis * 566 Mistake #2. Caley Blinds. 367 vn 360 Analysis 15.CASHING OUT, “ PART IV: FOR HARD CORE PLAYERS ONLY.. APPENDIX A: BANKROLLING YOUR PLAY. INTRODUCTION ere BTS QUICK, EASY GUIDE TO STANDARD DEVIATIOW vce nannn 376 HOW MAUCH BANKROLL 'S NEEDED? 379 HOW MUCH OF AN ADVANTAGE DOES A TOP TOURNAMENT PRO HAVE? ronornen 308 ANALYZING PLAYER OF THE YEAR RESULTS 585 ‘THE "WEAK FIELD" EFFECT... 390 SNYDER’S BANKROLL FUDGE FORMULA. ne Skil Level Adjustments 395 APPENDIX B: SATELLITES: ARE THEY WORTH IT?. SSATELLITES AND RISK OF RUIN wun SOD THE ‘HOUSE EDGE” ON POKER TOURNAMENT SATELLITES ann nn nmin OD SATELLITE VALUE FOR THE AVERAGE PLAVER. 402 SATELLITE VALUE FOR THE BETTER THAN-AVERAGE PLAYER... 5 . 403, THE SATELLITE PROFESSIONALS. 405 THE TOP-OF THE LINE SATELLITE PROS ovens O6 OTHER SATELLITE FORMATS... 07 USING SATELLITES TO LOWER THE BUY:IN COSTS OF [MAJOR TOURNAMENTS, DIFFERENT LEVELS OF AGGRESSION ... The More Aggresive Hypothetical Tivarnament Payor a3 he More Conservative Hypothesieal Tourmanent Pyer a6 LOWER BUYIN COSTS MEAN LOWER BANKROLL REQUIREMENTS

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