Party Poker Double or Nothing SNGs

Party Poker Double or Nothing Sit and Gos have become extremely popular over the past few months. If you’renot familiar with Double or Nothing tournaments, they are just single table tournaments in which the top 5 players get their buyins doubled and the bottom 5 players go home empty handed.

Double or Nothing tournaments don’t have the massive prize pools that you commonly see with other tournaments but they are an awesome way to double your money. They don’t take long to play, the competition is easy and there is a lot less stress involved in playing Double or Nothing SNGs. I’m surprised nobody thought of these earlier!

Once you get the hang of these tournaments, there’s some good money to be made. The strategy for Double or Nothing SNGs is pretty simple so they can be multi-tabled with ease. On top of that, you’ll earn a lot of frequent player points with these.

Buyins

Party Poker holds Double or Nothing SNGs at several buyin levels:

$5 +$1

$10 + $1

$30 +$3

$50 +$5

If you’re looking for Double or Nothing tournaments at lower or higher levels than these, I recommend you give PokerStars a try. They have Double or Nothing tournaments at almost every buyin level.

Build Your Bankroll with Double or Nothing SNGs

The Party Poker Double or Nothings are a great way to build your bankroll because they are more dependable sources of money than regular tournament play. That doesn’t mean they are guaranteed money by any means – it just means that if you’re a winning player, you’ll experience fewer rollercoaster swings with Double or Nothing SNGs than with traditional tournament play.

They are also good for building the bankroll because it’s easy to play a lot of these things in a single session. That will help you earn frequent player points even faster, which can then be traded in for cash prizes and free tournament tickets.

Rake

The rake for Double or Nothing SNGs at Party Poker runs at about 10% unless you play at the $5 level. In that case, the rake is equal to 20% of the buyin fee which is a little hefty. The $5 SNGs are easy but the extra rake almost makes them not worth it. If you’re determined to play $5 Double or Nothings, I recommend PokerStars once again.