POKIQ

poker glossary

In the money

also called ITM

To finish in the money is to survive far enough in a tournament to be paid from the prize pool, whatever place you eventually take.

Most tournaments pay around the top 15% of the field, so the great majority of entries finish with nothing. That is the shape of the format rather than a sign of playing badly.

Cashing often is not the same as doing well. Most of the prize pool sits in the top few places, so a strategy built around limping into the money usually produces a long list of small cashes and a poor return.

an example

your cards

A field of 500 pays the top 70 places. You reach 71 players with 8 big blinds and ace queen, and the shove that risks your tournament is also the one that gives you a stack worth playing for once the money starts.

This example is made up. The real one is in your own hand history: find in the money in your own hands and see how often it came up and what it cost you.

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