Double Or Nothing Sitngo Strategy

                Double or Nothing sitngos are fairly new to online poker. You will only find this sitngo format on Pokerstars. The rules are the same as any other sitngo. Here is the difference between a regular sitngo and a double or nothing game. First off there are 10 people instead of the usual 9. The game lasts until there are 5 players left. Then the game is over, and the 5 remaining players get double what they bought in for. These games range from a 5 dollar buy in to 100 dollars.

              
               I love playing in these games I cash in at least 80 percent of the time i play in them. The strategy is very simple. Because you are only playing until half the field is gone, there are really only 2 stages, the beginning and end stage. The 1st stage is played using the normal Sitngo Strategy.
                         
                Stage 1:   Only play premium hands (aces, kings, queens, AK). Sit back and watch everyone else get taken out or lose half their chip stack. Do not call any raises , Unless you have a premium hand. If you find yourself with a premium hand, DONT slow play it . Reraise all in ! More often then not , the person will fold, because stack preservation is the most important thing in this format. With that being said , the  risk of busting out , outweighs the reward of doubling up. Hopefully , you will have won a large pot or even double up by the time stage 2 begins.
                       
                 Stage 2:   Stage 2 begins when there are 6 to 7 players left. Stage 2 strategy must also be used if the big blind reaches over 150 chips, no matter how many people are left , because you dont want to be blinded out. Every now and then you find yourself in a game and the blinds are getting high and only 1 or 2 players have gone out. Position is the key in stage 2. You still dont want to call any raise unless you have a premium hand. Anytime you have a good hand or a pair with only 2 or 3 people left to act. Raise! If you get reraised, FOLD. If you get a caller, and the flop hits you , or you think the other player didnt hit anything , make a continuation bet, and  8 out of 10 times will take down the pot. You need these chips to pad your stack and help you to outlast the field. At this stage there will be probably one person with a huge chip stack, and at least 2 very short stacks. Pay attention to the short stack players. they are likely to go all in at anytime , with anything, in the hopes to take down the blinds , or to be double up. Hopefully you arent one of these guys. Pay attention to everyone's stack in relation to the blinds and try not to get into too many confrontations. Lets say , you have more than double the amount of chips as 2 players left. Keep folding and try to let these guys get taken out. 

                     All you need to do is stay ahead of the shortstacks , and make sure that you dont become one of them , by taking down the blinds while, in postion.  You will notice that YOUR blinds will be getting stolen as well. This is ok. Only push back , if you have a big hand , and more often then not , the guy trying to steal the blinds will fold , unless he has a monster (or a huge chip advantage). If you stick to this strategy, you should DOUBLE YOUR MONEY at least 75 percent of the time.
                           
                   Additional tips:   If you happen to find yourself with a very large chip lead over the field, dont start playing super aggressive or loose. You dont want to be doubling people up and prolonging the game. What you do want to be doing , is using timed aggression to steal the blinds in position. Everyone at the table will be scared of you and try to avoid you, unless they have a monster hand and then they are looking for you to call and double them up. Dont waste the chips , just because you have them. use them at the right time to start chipping away at the other players stacks, making them more desparate , and likely to go on tilt.
                             
                    If you find yourself extremely shortstacked, dont panic. Pay attention to your position. go all in with any medium ace or pair  when there are only a couple players left to act and there has been no raise. Anyone with an average stack and even a decent hand will fold, for fear of losing any chips and becoming a shortstack themselves. If you can , try to avoid going all in when the player with the big stack has yet to act, because they are liable to call you with anything, because they can afford to call you in hopes of getting you out of the game. Be patient, and pick the right spot. One double up or a few times taking down the blinds in position, can get you into the money. Ive come back to make the money numerous times with less than 200 chips left.