The term mtt mean in poker refers to multi-table tournaments. These are poker tournaments where players fill multiple tables instead of single table sit and go competitions. They usually offer much higher prize money than cash games, with the winner receiving 100-500x the initial buy-in amount of the tournament.
The main reason for the popularity of MTTs is that they offer an opportunity to win a substantial amount of money even without spending a lot of time at the table. Winning one of these events requires a significant level of skill and a well thought-out strategy, but it’s also possible to earn large amounts by simply making the final table of an MTT.
A winning MTT strategy starts with a thorough understanding of the Independent Chip Model (ICM). This model determines a player’s equity in a given situation, and plays a key role in a tournament’s monetary value to players. For example, a deep-stacked opponent is unlikely to call a raise with a small pair when you are mid-stack, but they will be more likely to do so if you’re an early position raiser with the same stack size.
Stack sizes are another important aspect of a winning MTT strategy. Stacks in MTTs can be surprisingly short, particularly on the bubble, when many players are concerned with trying to move up a spot in the money. This means that it’s often possible to pressure short stacks by playing aggressively and forcing them to commit their chips.
It’s a good idea to keep the number of hands you play to a minimum when playing MTTs, especially during the early levels. By doing this, you’ll make more money in the long run and reduce your risk of busting out on a bad beat. In addition, you’ll be able to develop a stronger game with less risk.
Another important factor in MTT success is a sound bankroll management strategy. It’s essential to have enough money to cover your basic expenses and maintain your lifestyle if you lose a tournament. This means that you shouldn’t be playing with more money than you can afford to lose, and that you should treat your bankroll as an investment.
Lastly, MTT strategy includes a strong focus on improving decision-making skills at the final table of a tournament. This is because most of the prize money in an MTT is concentrated at this stage, and a poor decision here can cost you a lot of money. In contrast, a mistake at the bubble of a small-field tournament will be less costly. Practicing a range of different decision-making skills will help you improve in this crucial area of MTT poker.