The majority of online poker players are moving from ring games into playing poker sit n go's. The reason: LOW RISK, HIGH REWARD! What do I mean by that?
Well to play sit n go's you pay a flat fee for the sit n go tournaments and you can only lose that amount and NO MORE. That is key right there. Poker bad beats are everywhere and on any site you play on. You can not avoid them and they are part of poker. You can have the best hand 90% of the time going into the flop, and wind up losing almost every single time. The payout for sit and go tournament's is great to, the breakdown is below:
1st place = A nice 50% of the total prize pool
2nd place = 30% of the total prize pool
3rd place = Last but not least, 3rd place is 20% of the total total prize pool
Here is what many poker players do not know. Playing for first is a must if you want any chance of making a stable living playing sit and go's. One first place victory is just like finishing 3rd place 3 times. Many players only play to make the money, that means playing tight nearly through the entire tournament, taking no risks. If you have this poker strategy in place, that may be why you are winning some first place games but not enough.
Here is what you need to do. Go out and buy a pocket book if you do not know the rules yet. Study the game, strategies, and types of players and hands sit n go poker has to offer.
Once you know the rules you should follow this strategy in a 9 seater sit n go. On average when you start the sit n go, about the first 20 hands will be folded. After about 20 hands the tournament should be down to about 6 or 7 players. Your game needs to remain tight, playing premium hands and building your chip stack as much as possible if you are catching the right cards. Once you are down to around 5 people your game needs to switch from tight to passive aggressive. You need to keep building your chip stack to prepare yourself for a first place finish, you WILL NOT BE SEDLING FOR 3rd! Once there is 4 players left, this is where it gets good. Many players will just sit there and fold every poker hand they see.
You need to take advantage of these players and steal as much blinds as possible to cushion your stack for first place. It is wise to bully people around when 4 players left, raising all the time, and stealing the small blind and big blinds chips. The only way a player will call a raise is with a premium hand that they just can not let go. Once you steal these blinds, you will be sailing into first place once player number 4 is knocked out of the sit and go poker tournament. You will definitely feel the sit and go power! You will be saying, "First place has never tasted so good".