Freezeout TournamentsĪs the name suggests, the Freezeout format is a one chance only competition in which we pay our buy-in and then receive a starting stack that we need to make the most of because, when we lose all our chips, that’s it – there are no second chances. Inexperienced players in particular re prone to playing tournaments without properly considering the specific dynamics from one type to the next, which in turn makes coming to terms with (perceived) bad luck more difficult when it happens. The following is a list of tournament types compiled according to which format we’re more likely to experience variance. All the more reason to be aware of the dynamics of this or that format in order to at least mentally prepare ourselves for the inevitable, and identify when we might face more potential banana skins than usual. Or, perhaps more accurately in the context of this article, some people cope worse than others. Some people cope better than others with bad luck. Not only should we avoid thinking about it, we should invest time contemplating when it’s most likely to rear its ugly head. We’d be living in dreamland to ignore the possibility of variance in a game that can remind us in the most cruel fashion of the realities of the laws of probability. As much as ‘variance’ is almost a dirty word in poker, it’s nevertheless something that we need to think about – and not just when it happens! Indeed, it’s quite a foolhardy idea to plod on in the hope that the poker gods will look kindly on us, allowing unrealistic, wishful thinking to let us believe we’ll always defy the odds by avoiding bad luck.
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