Poker Super Satellite Strategy
1. A tournament which awards either a seat for a larger buy in event, or satellite chips to the winner or winners.
2. A small cashier cage in a casino.
A satellite poker tournament is a qualifying event to another, usually larger buy-in event. In non-dictionary speak, this means that it is a smaller buy-in event that the winner gets a ticket or entry into a larger buy-in event. Example: 10 people want to play a $1000 event but they all only have $100. Satellite Poker Tournament Strategy Satellite tournaments require a slightly different set of skills than your average tournament. Since you are only battling for what is typically a min cash, you don’t need to worry about building a massive stack and beating the entire field. Poker Satellite Strategy: How to qualify for the main events of high stakes live and online poker tournaments audiobook written by Dara O'Kearney, Barry Carter. Narrated by Dara O'Kearney. Get instant access to all your favorite books. No monthly commitment. Listen online or offline with Android, iOS, web, Chromecast, and Google Assistant. Try Google Play Audiobooks today!
Many casinos run “satellites” prior to and during a tournament series. They do this to increase accessibility of higher buy in events and to generate revenue. A satellite may award a seat, satellite chips, cash, or any combination of the three. If the satellite is part of an ongoing tournament series, satellite chips are most commonly awarded as prizes. Satellite chips are chips that have no cash value at the cashier and cannot be used in the cash games, but can be used to buy into tournaments and other satellites. Even though they can not be cashed at the cage, players will often trade satellite chips amongst themselves as cash. If you do accept a satellite chip, it is a good idea to check it to make sure it is not counterfeit, obsolete or otherwise invalid.
Satellites are usually spread either nine or ten handed. They may be first come first serve, or they may be run from a waiting list. Usually, they begin as soon as the table fills and run continuously up until the start of the tournament. At major tournaments, satellites may overlap with the day’s main event as well.
Casinos may also run “super satellites” which are multi-table, multi-rebuy tournaments which award seats to large buy-in events and cash to the winners. Like satellites, super satellites will increase accessibility and entrant levels into higher buy-in events. Super satellites can also generate substantial revenue for the house, both from entry fees and crossover gaming.
Sometimes small casino cages are called 'satellite cages' or 'satellite window.' These cages do not typically handle all the transactions that a normal cage would handle. They often will only be used to exchange chips only.
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Usage: I Satellited In, Main Event Satellites, Mini Satellites, Double Satellite, Tournament Satellites, I Am Going To Try and SatellitePrevious Poker Term: Sandbag
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Today I am going to look at the $15 buy-in 100 seat Mega Satellites that are running every night on PokerStars, as those are the cheapest direct routes into the Million.
The target tournament has a $215 buy-in, which means for $15, assuming you do not re-enter, then one in 14 players will win seat, assuming there is no overlay (more on that in a second). You start with 3,000 chips in this satellite and the average stack size would be 14 times that on the bubble, so 42,000 chips. This means that if you have a stack of 42,000 or more and you are close to the bubble, you can for the most part lock up and fold your way to the money. You definitely should avoid any needless confrontations with stacks similar to yours in size, because you can only lose at this point. That includes potentially folding Pocket Aces preflop (we cover when you should and should not do that in detail in the book).
In reality, you can start to tighten up before 42,000 chips, because when you get to the bubble the stacks sizes will be spread out. There will be monster stacks and micro stacks, few players will have an average stack. In our book we advocate aiming to get to 70% of the average cash stack then tightening up, so 30,000 in this case, but in mega satellites where 100+ seats are on offer, you might get away with even smaller than that.
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If there is an overlay, wait till the late registration period ends, look at the total number of chips and divide that by 100 (because there are 100 seats guaranteed), and that is your average cash stack. So if there are 3 million chips in play, the average stack would be 30,000 and you can probably start to tighten up at 24,000.
Poker Super Satellite Strategy Tactics
Speaking of late registration, you can register late until 1 hour and 45 minutes. This is important to note in satellites. That would get you to the 200/400 level, or 7.5 big blinds. While that is a massive chip disadvantage, it is instantly profitable from an ICM perspective to late register a satellite. You don’t even need to do a complex calculation to see the sense in this. Let’s say 1,400 players enter the satellite you are playing, 800 of them might have been eliminated by the end of late registration. Now instead of outlasting 1,300 players to win one of those 100 seats, you only have to outlast 700.