Monday, September 21, 2009

Low Chip Stack: Priced In

To be successful in tournament play, one has to make certain moves when their chips are running low. Once you are chip dead, even lucking out and doubling up once is not going to do much for you.

Think of the number of times you would have trippled up or better if you had taken a risk preflop with any late position ranked hand, regardless of your position. Better to take your shot while you have enough chips to make a difference, than seeing your monsters cracked because your chip dead.

I just won a SNG using this strategy. I was forced to make a loose push with K 10 off because I was down to 5 BB. I cracked Aces that someone with 3x my chips min raised with, I pushed back and lucked out. Shortly after that a good player pushed all in preflop with Aces. I called because I had the big stack by then and their bullets went down to my KJ. I was able to take full control and won the tournament, after being in 5th postion with 5 left to play.

By the way, being agressive from early position on a table full of passive players is also worth doing when your chips are dwindling. The same objective is in play here, buliding up enough chips to make a run to the real money. In most cases this means a top 3 finish, or at least making the top 10 of any large tournament, where the real money starts to be paid out.

Play to win. Never play just to make it in the money or mentally you may make some bad choices when the big stacks take advantage of the bubble drawing near.

Thursday, July 23, 2009

You're in Trouble!

As soon as you become comfortable with your game you are in trouble!

Think about this. Being uncomfortable is what keeps you alert, paying proper attention, seeking out information. If you catch yourself being comfortable, then equate that to being predictable.

Try some changes to spice up the atmosphere and improve your game play. You can play a turbo tournament at lower stakes if you never tried one before. Or try a "bounty" tournament, also at lower stakes. This forces you to be more aggressive with your game. I find this pays off back on the regular tables. Same with cash games, maybe try a limit table if you have trouble getting caught up chasing hands. You may find you do better in these tables. This is better strategy than moving up in stakes too early.

Depending on what games you play, make your adjustments accordingly. Never be afraid to take steps backwards if you are on a bad down streak. Better to find safe ground than force yourself to stay somewhere you are struggling.

Monday, April 6, 2009

Playing Bonuses

One of the benefits of playing online poker is that most sites offer bonuses of one type or another. These can range from deposit bonuses to various ways to earn (comp) points that can be redeemed. Nothing can replace winning on the tables. These bonuses need to be considered icing on the cake.

A deposit bonus is easy to manipulate, if you play often. I have a 3rd party e-wallet that does not charge me anything. All I have to do is transfer money back to the wallet from the poker site. A few days later I make a deposit using a reload bonus code, then go back to playing. As I earn points for playing I slowly release the deposit bonus.

The site I play on also allows the bonus points to be used towards merchandise and to buy into freerolls. The overall accumulation of points will also earn credit towards other perks. Most sites make it very hard to release points, plus they have limited ways to use them. I have found that the Merge network has one of the best overall point programs out there. I have links on the right to Carbon Poker and Poker Nordica, both are part of the Merge Network.

One of the things, about playing on a site where members are working on releasing bonuses and/or earning points for any reason, is you have to generate rake to earn those points. This means cash table players tend to play as many hands as they can, so they can earn those points. Many of my blogs here discuss strategy related to playing on these types of tables.

I will end where I started - Nothing can replace winning on the tables!! Base all of your strategy, plans, actions, and research with winning as your main goal. Finding nice bonuses that work into your play is always a good thing though.

Monday, January 26, 2009

CarbonPoker.com Bad Beat Jackpot Breaks $1mil Mark to Become Biggest Ever

I blog a lot about playing on CarbonPoker.com, the most popular portal to the Merge Network. If you decide to join, please use my link to the right. Carbon started their own Bad Beat Jackpot last year and it has reached a record payout. There are many table formats available, from limit to the most popular and heavily played No Limit.

Please read their rules, but I will explain them. On a qualifying table, easy to identify, there must be at least 5 players that are dealt cards preflop. Someone must lose with quad 7's or better. Both the losing and winning hands must use both of their hold cards. The hand must go to the river. Everyone dealt cards wins something, with the losing hand winning the most from the jackpot.

If you are already a member, but just playing freerolls, this is the time to become a real money player by making a deposit and finding a table that works for you under their structure. The limit tables are a great way to participate with smaller bankrolls so everyone can play.

Good luck!