Basic Considerations in Hold ‘em Tournaments
Without a doubt, the best and easiest text to read on tournament play is Dan Harrington’s Harrington on Hold ‘em Expert Strategy for No Limit Tournaments, Vol. 1: Strategic Play. In this book, Harrington lays out how to “think” during a tournament - understanding that your strategy is constantly changing as elements around you change. These elements include:
- Status of the tournament
- Number of players at the table
- Who are the other players
- How your stack compares to the blinds and antes
- How big are the other stacks at the table
- Where do you sit in relation to aggressive and passive players
- What bets have been made in the hand
- How many players are left to act after you
- Pot Odds
- Position at the table after the flop
- Your cards

Notice - he lists your cards last. For more about the elements of Texas Hold ‘em in strategic play, read Harrington on Hold ‘em Expert Strategy for No Limit Tournaments, Vol. 1: Strategic Play. I can also say for a fact that this strategy works great in the tournaments at Full Tilt Poker, where you can get a 100% deposit bonus.