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    Multi-Table Tournament (MTT) — Poker Term Explained

    An MTT starts on many tables simultaneously and consolidates as players bust, ending with a single final table. Prize distribution is heavily top-weighted, so MTT strategy revolves around survival early and aggression near the money.

    • Illustrative: a 20,000-chip stack with blinds at 500/1,000 is 20 big blinds
    • Stack depth in big blinds = your chips ÷ the current big blind
    • Re-entry, rebuy, add-on and late registration rules differ by event
    • Payout share and number of paid places are set by each tournament
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    How it works at the table

    MTT stands for Multi-Table Tournament. Every entrant pays the same buy-in and receives the same starting stack. Blinds (and often antes) rise on a fixed schedule, eliminated players leave, and the remaining players are moved between tables so they stay balanced. The event ends when one player holds every chip. Only a portion of the field finishes "in the money", and the payouts grow steeply towards the final table.

    How it changes your strategy

    Because blinds keep rising, the value of your stack is measured in big blinds, not chips. Deep early on, you can play more speculative hands in position. As stacks get shorter, push/fold decisions and steal/re-steal spots matter more. Near the money bubble and at the final table, ICM pressure means survival has real cash value, so calling ranges against all-ins should usually tighten. Exact ranges depend on stack depth, position, payout structure and opponents.

    The mistake most players make

    The most common mistake is playing the same way at every stage: too loose early when stacks are deep and mistakes are expensive, then too passive later when the blinds are eating the stack. A second mistake is ignoring the payout structure near the bubble and calling all-ins as if it were a cash game.

    Numbers worth remembering

    • Illustrative: a 20,000-chip stack with blinds at 500/1,000 is 20 big blinds
    • Stack depth in big blinds = your chips ÷ the current big blind
    • Re-entry, rebuy, add-on and late registration rules differ by event
    • Payout share and number of paid places are set by each tournament

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