If you’re looking to get the best value for your money in an online poker room, open up the tournaments tab. That’s right, poker tournaments offer you the biggest bang for your buck so to speak, regardless of whether you play in SNGs (Sit’n Gos) or MTTs (Multi Table Tournaments).
In cash games, you take your real money to the felt in every single hand that you play and you pay real money rake on every hand that you play. If you take a bad beat, you lose big and every single cent that you lose is real money. In a poker tournament on the other hand, you hold absolute control over your losses. You can never lose more than what you bought in for. The rake is under control as well: you pay a one time tournament fee. From that point on, you don’t pay any rake, regardless of how many hands you happen to play in the tourney.
Playing in SNGs is recommended for those who try to start a bankroll from a meager deposit or a promotional free bankroll deal. Because SNGs are mostly STTs (Single Table Tournaments), players get much better odds at finishing in the money than in MTTs. Of course, the initial investment/potential revenue ratio is much worse, but when you’re on a short bankroll, it is a reasonable trade-off.
MTTs offer much bigger potential winnings but player’s individual odds to make it into the money take a hit.
PokerStars is one of the hottest destinations for poker tournaments but there’s nice tournament action over at Absolute Poker and Full Tilt Poker too.