Explanation of Last Longer
In the context of knockout tournaments, a last longer bet signifies a wager focusing on who will be the last player standing. While standard odds might be 1:1, participants are free to set their own odds based on their preferences.
This kind of bet is strictly between two players and is separate from the overall tournament prize fund.
For instance, if the entry fee for a tournament is relatively low, two participants might engage in a substantial last longer wager to spice up the competition.
Sample Sentence Using Last Longer -> Given the low stakes of the tournament, we opted to set up a last longer wager to enhance the excitement.
Incorporating Last Longer Into Your Poker Tactics
Engaging in last longer bets can shift the strategies utilized within a tournament. They introduce a nuanced environment where two conflicting ICM strategies become relevant: one for the tournament as a whole and another for the individual last longer wager.
To clarify, a move may be strategically sound for the tournament but could be ill-suited when viewed through the lens of the last longer bet. Prioritizing one over the other largely depends on how significant the last longer wager is in relation to the tournament’s value.
For example, if the last longer bet's value is considerably high compared to the tournament stakes, then securing the last longer bet becomes paramount. Conversely, if the last longer wager is negligible in relation to the overall chip stack's ICM value, one should focus on the appropriate tournament strategy.
When the stakes of our tournament life and the last longer bet are roughly equal, we enter a tricky situation. However, it generally indicates that prioritizing either choice might not heavily influence the outcome.
As with any form of betting, it's important to consider last longer wagers only when you believe you hold an advantage or when the odds present an appealing opportunity. It might be wise to steer clear of such bets in major tournaments (like the WSOP main event), where players prefer to avoid conflicts of interest that could interfere with their chances of winning the title (but do keep this as a suggestion).
See Also
Tournament , ICM , Bubble , Structure , Sit and Go