April 11 2011, Barry Carter

This week on the PartyPoker Blog, a $1 million tournament is coming in May and tips on how to qualify for it. Plus our exclusive Party Poker Free $50 No Deposit Bonus.

$1,000,000 Spring Million Announced

May is looking to be a big month on PartyPoker with the announcement of a $1,000,000 guaranteed tournament. The Spring Million is set to take place on May 1 at 13:30 EDT (1700 GMT). With a $600+$40 buy-in and championship style structure, this will be one of the biggest online tournaments of the year.

Qualification has already begun with a variety of feeders starting from PartyPoints tournaments and $1 daily rebuys. Why not start your qualification campaign with……

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How to Win Satellites with M0NGY

If you do want to try your hand at qualifying for the Spring Million, PartyPoker player Scott ‘M0NGY’ O’Reilly gave some advice on how to win MTT satellites over on the PartyPoker Blog. Here are some of his top tips:

Scotty ‘M0NGY’ O’Reilly

1. You don’t need all the chips
Firstly you are not there to win it. In a regular MTT it is all about accumulating as many chips as possible as soon as possible to try to win the tournament. In a satellite with six seats you are only trying to get into the last six, if you get to that magic last six, then it doesn’t matter if you have 90% of chips or just one chip, you end up with the same prize. The aim is to get to about 1/6th of the chips in play then to sustain rather than accumulate.
2. Showdowns=Variance
Second is survival. It’s not very often you get to the situation where you can just sit around and fold to the gold, which means you are going to have to play hands. Generally the best way to play these multi-seat satellites is small ball poker, i.e. just trying to steal the blinds, or by exercising pot control to keep pots small. By not risking too many chips in one hand stops you from accidentally undoing all of the hard work that you have already done.
3. You are not the only one wanting to fold
On the other hand though you aren’t the only one there wanting to fold. Often the chip leader will take a relaxed approach around the bubble, opting to fold even very big preflop holdings rather than jeopardize their stack.

For more of Scott’s tips check out the PartyPoker Blog.

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