Strategies
I should have mentioned earlier -- there are games offered on ClubWPT other than Texas Hold'Em, such as Blackjack and Omaha. Since I mostly play Hold'Em, all of my comments here relate only to that game.
I don't have any special tips to offer relative to how to play Poker. I offered enough of that in my book referenced above, plus all of the books by experts back on my Poker page. What I'll offer here are tips on things I've noticed about ClubWPT. And how can you repay me for these valuable tips? Simply use the ClubWPT banner above to access their site. If you join up, they'll send me a dollar or two for talking you into it.
As far as I can tell, there's no point in accumulating a bunch of TP. Unless I've missed something, the only thing they're good for is to enter tournaments and the highest entry fee I've seen thus far is 2000 TP. I like keeping mine in the 10k range so I can enter any tournament on the spur of the moment without worrying about whether I can "afford" it.
There's not much to say about Sit-and-Go matches, so most of the following pertains to tournaments. The only thing I can say about S&G is that they don't seem to last longer than an hour at most and the best strategy that I've seen is to sit back and let the loonies knock each other out until you get a hand really worth playing. All of the S&G that I've played have 10 players and the top 3 positions are paid. You can almost sit out the entire game and still come in 2nd or 3rd, because people get knocked out so fast that the blinds don't generally get above 50-100. In the 1000 TP games, the starting stack is 2000 and levels are 10 minutes, so you have plenty of time to wait for a good hand.
There are two objectives in playing ClubWPT tournaments. First, you'd like to get into the Places Paid, so you can accumulate some TLB points. Secondly, you'd obviously like to get into the places that are paid cash, but that's an fairly difficult task. Tournaments generally have 600-1500 players, with 2 to 4 thousand on the big (2000 TP) games. Beating that many players, many of whom are willing to play almost any hand and go all-in on almost any cards, is a real challenge. I generally play fairly cautiously until I'm in Places Paid, then get more aggressive in an effort to get to the cash.
Best Tournaments
This is obviously a matter of opinion, but I've noticed that the easiest tournaments to make the Places Paid, and to then have enough chips to make an attempt at the cash, are the $50 Double Stack tournaments. In these, you start with 2000 chips instead of the usual 1000, and they have 200 Places Paid. It's these tournaments that got me into the TLB tournament after my 2nd month of play.
These $50 Dble-Stk tournaments are played every day at (Eastern time zone) 9 AM, 1 PM, 5 PM, 7 PM, and 10 PM. Of these, the 9 AM and 1 PM generally have 800 players or less, making it easier to achieve the two objectives noted above. The later games have increasingly more players, with the 10 PM game usually over 1400. No matter the number of players, these tournaments appear to finish in just over 3 hours, with the 10 PM game being the longest at around 3.5 hours.
Early Tournaments
Just as the $50 Dble-Stk tournaments have fewer players early in the day, so do the other games. There are plenty of good single stack games all day, starting every two hours early in the day, then every 30 minutes in the afternoon. With the few players in the early games, it's highly likely that you'll be in the Places Paid by simply sitting out, even though you only start with 1000 chips. They often make the 200-player level before the 1-hour break.
Sit-Out Strategy
Many players appear to come in with the intent of all-in as soon as possible, then they either have a big stack or go on to another tournament. For this reason, it's easy to get knocked out early in the game by some weird hand that shouldn't have even been playing. One strategy that I've noticed to avoid these "all-in loonies" and achieve objective #1 above (TLB points), and have used myself, is to simply not start playing during the initial stages of the game (about 40 minutes). Tournaments start with the blinds at 5-10 and increase every 6 minutes. By the time you get to the first break at 30 minutes, the blinds are only at 30-60. If you don't play at all, you'll still have over 1800 chips (in the Dble-Stk tournaments) at the 30-minute break. After that, the blinds go to 50-100 and are at 100-300 by the next break at the 1-hour mark. The Places Paid are usually reached just after the 1-hour mark. I've seen many, many players that sit out the entire game and make the Places Paid. In fact, from the little research that I've done watching the top players in the Leaderboard, they appear to register for almost every tournament and sit out many of them. CAUTION: In just a few of the tournaments, the game Details note that any players not seated in the first 12 minutes will be taken out of the game. I saw this recently in a large tournament and the number of players out jumped about 300 at the 12-minute mark.
Having Fun
Thus far, I've found that I can either have fun and play a lot of hands, or be cautious and make TLB points. It's rather difficult to do both, although maybe there are some who are doing that. When I made the TLB Bronze Tournament (see Gold, Bronze, Silver details on their website) last month, I played VERY cautiously all month, often passing up some really good hands just to make sure that I made the Places Paid. I accomplished my goal of getting into the TLB tournament, which was quite a good tournament, but I played more aggressively there and got knocked out just before hitting the cash. I'm currently trying to see if I can reach a balance between having fun and making the Places Paid. Am having some success, but also am not in the TLB tournament range yet for this month.
Hand Histories
Although I figured this out very early, many of the players don't seem to be aware of it. When you're in a game, there's a button on your display labelled "Hand History." Clicking this to look at a hand will not only show you what happened during the hand and what the winner had, it also shows what each of the players had that were still in at the end. Since these cards aren't shown on the table display, it's often worthwhile use the history to see what the losers were holding at the end of the hand.
More Later
As I learn more, or if I decide to play some Blackjack, I'll be adding more information here. If you are a player on ClubWPT and have some other suggestions that you'd like to offer, feel free to email to me at rjhoffman@yahoo.com.
If you use the ClubWPT banner above to join, please email me and let me know.