You have to be at a table for a while to maximize profit. Notes are helpful, but not always reliable. That fish you tagged a few days before may have just been on tilt, having a bad day, or sharing an account. Today they may be the most agressive tight player you have ever faced. Give the table a few orbits to get some good reads.
Next, play at a table you can afford to be playing it. The worst thing you can do is move up in stakes for example and sit there afraid to bet the usual increments that work for you just because they are 2x the amount you are used to betting.
Play your game. For example, if you checked to induce a bet then be ready to call or rerasie. I'll call when I feel someone is continuation betting because they tend to bet again on the turn. If i think someone is betting a weak connection or a chase then I bet/raise agressively back at them. I also bet out of position to protect my hand very agressively. Do not get cute and then get a scare card.
Also know your opponents well enough as to when to bet or when to check to induce them to bet. It is nice to get paid off when you flop a big hand. If you flop a FH but the board has a flush or straight draw, make someone pay to hit their draw if you feel a fish is on one. Then when they hit they can not lay it down. On the other hand, slow play your big hand against tight players that will not chase into certain boards. For example, I do not chase a straight into a flush draw in most cases.
I also do not see the value of chasing a flush into a paired board. On the other hand, someone with 2 pair or a set may not have enough discipline to muck if you are protecting your flush. if they are going to call any bet you make then you have to decide will they also call any river bet. If they will, value bet till the river hits and you are sure you are still ahead (ie board has not paired for example). Then find out how much they still value their hand. What is amazing is if you have the right read you can sometimes value bet and they push all-in where there times they will just call so you have to push as they will not muck either. And if it is a good player, they will still find it hard to not call a value bet.
KNOW YOUR OPPONENTS if you expect to maximize profit!
Thursday, July 31, 2008
Monday, July 7, 2008
FEAR II
Over and over again I see players pushing all-in pre-flop because they know they lack discipline. They may not admit this, but that is the main reason. It can be because they know they will not muck pocket Aces so they might as well get it over with. In this case, better to get your money in up front then to be a calling station later.
Many others will shove all in pre-flop with almost any 2 suited cards I have noticed. For some reason they want to see the river so they pay in advance. This also applies to playing any pair for a group of players, as well as any combination of Ace through 10, plus any Ace/paint suited for the tighter suited lovers.
The next level of playing these hands in fear is waiting to make a move post flop. These players may just min bet, call, min raise, and/or raise call agressively pre-flop. Then they attack the flop consistently regardless of the flop. Many times they hit a great flop and overbet right away, but most of the time they are an underdog to the flop but go ahead and continuation bet or become a calling station. Finally, some wait until the river to make thier move even though they are a big underdog to the table cards.
In previous posts I have discussed passive tight players. They also play in fear, min betting TIER I hands and losing more then they win over time because they refuse to either value bet when they hit big or bet properly to protect their hand(s).
Many others will shove all in pre-flop with almost any 2 suited cards I have noticed. For some reason they want to see the river so they pay in advance. This also applies to playing any pair for a group of players, as well as any combination of Ace through 10, plus any Ace/paint suited for the tighter suited lovers.
The next level of playing these hands in fear is waiting to make a move post flop. These players may just min bet, call, min raise, and/or raise call agressively pre-flop. Then they attack the flop consistently regardless of the flop. Many times they hit a great flop and overbet right away, but most of the time they are an underdog to the flop but go ahead and continuation bet or become a calling station. Finally, some wait until the river to make thier move even though they are a big underdog to the table cards.
In previous posts I have discussed passive tight players. They also play in fear, min betting TIER I hands and losing more then they win over time because they refuse to either value bet when they hit big or bet properly to protect their hand(s).
Wednesday, July 2, 2008
Fear
Deep down there is a good fear, related to respect. Fear of fire for example and knowing to not just stick your hand in it is fine. As we move up in stakes we can find our mind focusing on the wrong things. That 5x BB $1.25 raise on a 25 cent table is not any different then a $2.50 raise on the next table up or a $5 raise on a $1 table.
If you can not afford to lose your buy-in, for example when calling an all-in pre-flop bet while holding pocket Aces, then you should not be playing those stakes. You will eventually find yourself under attack when your opponents smell your fear. You will not protect your hands properly and also start second guessing your play. Do not allow the stakes to affect your game.
By the way, lack of fear is also not a great thing. Calling someone's big bet just because they have a small stack can cost more over the long run than is obvious at the time. You still need quality hands in these situations. When someone shoves their $5 on a 25 cent BB table, consider would you make the same call if the player had another $20 to continue with? I know the betting is capped with the short stack, some hands make sense to call here, stick to those hands based on your knowledge of the player.
Same thing goes for moving down in stakes. It can help you work on being more agressive, as long as you play with respect. Showing no fear will lead to a break down of discipline.
Find a comfort zone where you are playing winning poker and have goals to work towards.
If you can not afford to lose your buy-in, for example when calling an all-in pre-flop bet while holding pocket Aces, then you should not be playing those stakes. You will eventually find yourself under attack when your opponents smell your fear. You will not protect your hands properly and also start second guessing your play. Do not allow the stakes to affect your game.
By the way, lack of fear is also not a great thing. Calling someone's big bet just because they have a small stack can cost more over the long run than is obvious at the time. You still need quality hands in these situations. When someone shoves their $5 on a 25 cent BB table, consider would you make the same call if the player had another $20 to continue with? I know the betting is capped with the short stack, some hands make sense to call here, stick to those hands based on your knowledge of the player.
Same thing goes for moving down in stakes. It can help you work on being more agressive, as long as you play with respect. Showing no fear will lead to a break down of discipline.
Find a comfort zone where you are playing winning poker and have goals to work towards.
Tuesday, June 3, 2008
Playing Styles, they can all help you.
My favorite site, carbonpoker.com, has been running a series of bounty tournaments with related promotions. The basic concept is 1/2 the buy-in is a bounty, the other 1/2 goes to the prize pool. This covers both SNG's and occasional MTT's.
For example: A $20 10-player SNG would allocate $10 towards ones individual bounty and the other $10 to the prize pool. Bounites are paid as someone is taken out, to the player responsible for taking them out. If you win, you get your bounty back.
These games require a different approach then most players apply to SNG or MTT play. The final prize pool is cut in 1/2, it makes no sense to play these games just for the final prize(s). Loose Agressive (LAG) play dominates here. A good TAG player can capitalize if they catch premium hold cards early and they hold up. Players here can attack with any Ace, sometimes any pair or any two paint cards. With bounties the prize, no short stack is allowed to die quietly. Better the short stacks win and stay in to be available later, then too allow someone else to take thier their bounty by checking to the river.
These games are helping, dare I say forcing, me to become a good LAG player. My proof is on sharkscope. I went from being down almost $200 about a month ago to being down just about $70. And sharkscope is not even accounting for the bounties the tournaments pay, just the final prizes. I recently placed well in some traditional games, a large freeroll as well as a 50 plus player MTT. I also won a weekly small private game I rarely made it past the bubble on before.
So go out and experiment, within reason, to find what works for you. The experience helps no matter what.
For example: A $20 10-player SNG would allocate $10 towards ones individual bounty and the other $10 to the prize pool. Bounites are paid as someone is taken out, to the player responsible for taking them out. If you win, you get your bounty back.
These games require a different approach then most players apply to SNG or MTT play. The final prize pool is cut in 1/2, it makes no sense to play these games just for the final prize(s). Loose Agressive (LAG) play dominates here. A good TAG player can capitalize if they catch premium hold cards early and they hold up. Players here can attack with any Ace, sometimes any pair or any two paint cards. With bounties the prize, no short stack is allowed to die quietly. Better the short stacks win and stay in to be available later, then too allow someone else to take thier their bounty by checking to the river.
These games are helping, dare I say forcing, me to become a good LAG player. My proof is on sharkscope. I went from being down almost $200 about a month ago to being down just about $70. And sharkscope is not even accounting for the bounties the tournaments pay, just the final prizes. I recently placed well in some traditional games, a large freeroll as well as a 50 plus player MTT. I also won a weekly small private game I rarely made it past the bubble on before.
So go out and experiment, within reason, to find what works for you. The experience helps no matter what.
Monday, May 12, 2008
Swimming with the fishies
Winning a big pot is very exciting. Chasing to win a big pot is even more exciting. Having someone chase to take a big pot from you is also exciting. It is where you are mentally after a hand though that is very important. Win or lose, do not get chip happy. It makes no sense on a cash table to be patient for 2 hours, triple your stack, to just donk off all of your winnings (if not your entire stack) playing superman.
Same if you take a bad beat. It took someone a while to crack a big hand (unfortunatly it was your hand) and it will take you a while to get your money back. Do not become a big fish trying to win back your money the way someone took it from you. Control is always important. As I have said many times, if you lost so much that you lose control then you are playing over your head. If you buy-in for $100 and on a $1 NL BB table and lose your $100, then you are done. But if you lost $10 on a 10 cent table, you can buy back in and keep playing in control.
BTW, check my new link on the right hand side for the upcoming Monday Night Poker Leage - Summer Classic. Low buy MTT which will have nice overlay prizes.
Same if you take a bad beat. It took someone a while to crack a big hand (unfortunatly it was your hand) and it will take you a while to get your money back. Do not become a big fish trying to win back your money the way someone took it from you. Control is always important. As I have said many times, if you lost so much that you lose control then you are playing over your head. If you buy-in for $100 and on a $1 NL BB table and lose your $100, then you are done. But if you lost $10 on a 10 cent table, you can buy back in and keep playing in control.
BTW, check my new link on the right hand side for the upcoming Monday Night Poker Leage - Summer Classic. Low buy MTT which will have nice overlay prizes.
Sunday, March 23, 2008
Personalizing Bank Roll Management
I have always tried to find a way to personalize bank roll management. Since I play lower stakes tables, online, I finally found a good way to work this out. This may not work for you, if it doesn't then keep wating for whatever makes sense to you to happen.
I will focuse on the hardest hand to play, which I think is pocket Aces. If you have pocket Aces, are in the big blind, and every player at the table shoves all-in, would you muck? Ok, lets make this a little easier. You have pocket Aces and one other player has gone all in pre-flop, you are the only player left to act, you are going to call. At this point, about 15% of the time you are heads up you will loose the hand. And since many times at lower stakes you will end up with more then one other player in the hand, your odds of losing your money keep going up.
So, ask yourself, are you prepared to lose all the money you have on the table and still have enough left in your bank roll to keep playing your game confidently? If not, you are playing over your head, that is outside your bank roll.
Thus, my version of bank roll management is simple. If I were to lose my entire buy-in, plus potentially any winnings I had built up, will that cause me to freak out? Will it put me on tilt? Will it force me to have to move down in stakes? Will it basicly be more of a negative experience then is acceptable? If so, then I am not using good bank roll management.
I will focuse on the hardest hand to play, which I think is pocket Aces. If you have pocket Aces, are in the big blind, and every player at the table shoves all-in, would you muck? Ok, lets make this a little easier. You have pocket Aces and one other player has gone all in pre-flop, you are the only player left to act, you are going to call. At this point, about 15% of the time you are heads up you will loose the hand. And since many times at lower stakes you will end up with more then one other player in the hand, your odds of losing your money keep going up.
So, ask yourself, are you prepared to lose all the money you have on the table and still have enough left in your bank roll to keep playing your game confidently? If not, you are playing over your head, that is outside your bank roll.
Thus, my version of bank roll management is simple. If I were to lose my entire buy-in, plus potentially any winnings I had built up, will that cause me to freak out? Will it put me on tilt? Will it force me to have to move down in stakes? Will it basicly be more of a negative experience then is acceptable? If so, then I am not using good bank roll management.
Tuesday, March 4, 2008
Refresher Course.
Getting back to basics can be a good thing. As we move up in stakes, sometimes we need to take a step back to maintain discipline. Pride is not a good thing when playing poker. You do not have to prove yourself to anyone. What you do have to do is maintain control.
One way to refocus is to drop back down a level or two. On cash tables, I also recommend restricting your buy-in as well. Force yourself to stick to your game plan. This should help you admit and/or discover what was going wrong with your game.
Sometimes the only problem is the fear of losing. Stepping up from a $5 buy-in to $10 is not a big step. But the next level of $20 or $25 is going to have a mental impact. When you get to a $100 game, well you better be prepared. It is very easy to play $5 games with a $200 or less BR and show no fear. You will be playing $50 and $100 games with a $500 BR, or maybe just risking your $200 or less you have. Now the pressure is on, even if you won't admit it. One big hand and you lose 25%, 50%, or most of your BR.
Lets put this into perspective. At the lower levels, you took risks and enough paid off. For a lot of players, the risks do not pay off enough and they are forced to play better poker. But for you, they are paying off. So up you go in stakes, you think you are playing good poker. Then you hit a level where those risks are not paying off. You realize that the style you are playing is against the odds many times, so now you have to make some changes. Step down a level or two and learn to play better.
As weird as it seems, you will actually win more at the lower levels as you improve your game. I feel that buying in short at this point forces you to make better decisions. If you can learn to play your large pile of chips, as if you are short stacked, you will force yourself to play better poker. Yuor chip stack will not stop someone from calling you with what they think (or know) is a better hand. When your pocket Kings miss the flop, betting into a Ace on the board would be not make sense if you are a short stack, so why would it make sense if you have a large stack? If you will not chase when short stacked, learn to stop doing it when you have a big stack.
One more train of thought here. Since we play poker to win, never assume higher stakes mean larger winnings. You can move up to a $100 table and after several hours walk away with $125. But back on the $25 table you may have been walking away with $75 after a few hours. I'd rather make $50 on the lower table then $25 on the higher one. And if you run into a cooler, the lower stakes still have an advantage when it comes to protecting your BR. Eventually you want to tripple up on the $100 table, if you can do that on a $25 table. Move up in stakes to make more money. if that is not working, find where you make the most money and work on your game there.
One way to refocus is to drop back down a level or two. On cash tables, I also recommend restricting your buy-in as well. Force yourself to stick to your game plan. This should help you admit and/or discover what was going wrong with your game.
Sometimes the only problem is the fear of losing. Stepping up from a $5 buy-in to $10 is not a big step. But the next level of $20 or $25 is going to have a mental impact. When you get to a $100 game, well you better be prepared. It is very easy to play $5 games with a $200 or less BR and show no fear. You will be playing $50 and $100 games with a $500 BR, or maybe just risking your $200 or less you have. Now the pressure is on, even if you won't admit it. One big hand and you lose 25%, 50%, or most of your BR.
Lets put this into perspective. At the lower levels, you took risks and enough paid off. For a lot of players, the risks do not pay off enough and they are forced to play better poker. But for you, they are paying off. So up you go in stakes, you think you are playing good poker. Then you hit a level where those risks are not paying off. You realize that the style you are playing is against the odds many times, so now you have to make some changes. Step down a level or two and learn to play better.
As weird as it seems, you will actually win more at the lower levels as you improve your game. I feel that buying in short at this point forces you to make better decisions. If you can learn to play your large pile of chips, as if you are short stacked, you will force yourself to play better poker. Yuor chip stack will not stop someone from calling you with what they think (or know) is a better hand. When your pocket Kings miss the flop, betting into a Ace on the board would be not make sense if you are a short stack, so why would it make sense if you have a large stack? If you will not chase when short stacked, learn to stop doing it when you have a big stack.
One more train of thought here. Since we play poker to win, never assume higher stakes mean larger winnings. You can move up to a $100 table and after several hours walk away with $125. But back on the $25 table you may have been walking away with $75 after a few hours. I'd rather make $50 on the lower table then $25 on the higher one. And if you run into a cooler, the lower stakes still have an advantage when it comes to protecting your BR. Eventually you want to tripple up on the $100 table, if you can do that on a $25 table. Move up in stakes to make more money. if that is not working, find where you make the most money and work on your game there.
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