FEAR

What would you be IF you weren't afraid?
“In a balance of mutual terror, whoever acts first has the advantage!”
Showing posts with label Cash/Ring. Show all posts
Showing posts with label Cash/Ring. Show all posts

Wednesday, June 1, 2016

Feeling....................... LUCKY!


LUCK
"Chance (Luck ) favors the prepared mind." Louis Pasteur 

Luck will find you if you go looking for it, both the good and the bad, mostly the bad!
        Mental Exercise:
              Note who is playing the most hands, who is playing the least hands. 
                       What is the average raise by the loose aggressive players?
                       Who only calls? 
                       Who folds to raises? 
                       Who is aggressive against draws?

Bad Beats and Bonehead Blunders. 
Are the BBs, giving you the Heebie Jeebies, brought on by belligerent bluffing? 
          Bad Beat = Luck beat the best hand at the Turn or River and no one slow played.
          Bonehead Blunder = the best hand was trapped from the beginning or slow playing resulted 
                         in luck winning at the river. Don't give LUCK a chance to beat you at the river! 

                You have AA and slow play it to the river and get beat.
                You have AA and go all-in, reraising, before or after the flop, and get beat at the river.
One is a Bonehead Blunder and the other is a Bad Beat!

Aggression
The risk of never challenging is always greater than the risk of challenging.
“In a balance of mutual terror, whoever acts first has the advantage!”
Being aggressive before the turn or river, might have caused your opponent to fold, instead of winning on the turn or at the river.

Loose Aggressive players try to manufacture luck by playing a lot of hands. They typically raise out of position when first to play, knowing that the tight passive players are likely to fold their marginal hands. They usually raise around 3 big blinds preflop, which also shuts down the players who have bought in for less than 50 big blinds and players who have less than 50 big blinds. 
Loose Aggressive players want action and will put in 10% of their stack with their marginal hands, middle connected and/or suited hands. When in position, you have to reraise these players with your top 15 hands and call with your top 25 hands. Out of position it's best to just call your top 15 to 20 hands and raise with your top 15 hands.

Experienced tournament players are likely to make a bluffing bet on the river, if they think the other player is a weak or timid player. A bluffing raise is more likely to be used if an experienced player thinks the other player is more concerned about conserving chips in the middle of the tournament.
If sandwiched between an All-in raise and a previous raiser, when an over card comes on the Flop, the raiser is likely to fold a smaller pair to a re-raise. A Semi-bluff should be used more than out-right bluffs, early in tournaments.

The Patience Factor: 
From the controversial book: Arnold Snyder, The Poker Tournament Formula 1
            Required Reading for Tournaments: Arnold Snyder's, The Poker Tournament Formula 2.
The blind structure in relation to the number of chips each player starts with is the primary consideration on deciding if you should even enter a tournament, yet alone on what your strategy should be. The lower the patience factor, the more aggressive you have to be.
The lower the patience factor, the more luck prevails over skill.

The best way to get lucky, is to keep your head in the game!
You don't get lucky before the flop.
All luck happens after the flop.
After the flop you must keep this in mind.
  • There are two types of hands in Texas Hold'em. 
  • A pair or better and a draw to a straight or flush. 
  • Every hand played after the flop is a contest between these two types of hands. 
  • The draws are broken down to connected cards, gapped cards, suited connectors and suited gapped cards. 
  • Anything else isn't worth looking at except when you are heads-up.

Your head can get into a kind of fog when you keep getting marginal hands or no playable hands for a couple of hours at a loose table.When this happens, it's best to take a walk for a few hands, which may help clear your mind a little.

I see a lot of players that change seats or even tables when the cards turn cold. I don't subscribe to the notion that if I change my seat, it will change my luck. You make your own luck, which is what those loose aggressive players are trying to do anyway by playing 80% of the hands and raising 50% or more with them, regardless of position. I love those players, when my head is in the game.


I NEVER BLUFF

Monday, May 2, 2016

The racetrack is gone, but there's always the straddle.

This week at Hollywood Park Casino.

Haven't played there in a long time, still needs a lot of improvement in the ambience, but hopefully when the new casino is finished it will be the prime destination for LA poker.

They have Pot Limit Omaha on the board, one of my favorite games, but no one signed up except for the Omaha 8 games, which aren't spelled out on the board, they just call it Omaha. The 50 Big Blind limit on the buy-in makes it too much gamble for me in a game that already has lots of action and half the table looking for the flop. I would most likely play it with 100 Big Blinds as the buy-in.

Looked at the 3/5 $30-$100 NTH, but I don't like starting with only 20 big blinds. Decided to start small with the 1/2 $40-$100 No Limit Texas Holdem game.  They had 3 tables already going and about 7 on the waitlist that wanted to play, which is what I look for if possible. A new table with no big stacks in the way, which opened up about 20 minutes later.

I was reluctant to play with only 50 big blinds, but since the table was loose and kind of passive, it was a good start. . Usually had at least 4 players see the flop. Only hand that really lucked out against me was a new player, about an hour into the game, that got the low end of a straight flush, on the river, against my AQ draw. Got a Queen on the flop, we were All-In when she hit the straight on the Turn and the Straight Flush on the river. If I had a pair of Queens or another Queen had hit the board, we would have hit the jackpot. She had less chips than me so it was an easy bet.

A new player entered the game a little later, looked to be one of the usual suspects that played there a lot, one of the good old boys. His favorite play was to straddle, which is not that big a play at a low stakes game like 1/2 NTH.

"The straddle is more a sign of a gambler", someone who wants action, but also wants to limit the field with a second forced bet. It's a bet, usually Under-the-Gun or first to bet after the Big Blind and limited usually to an extra Big Blind. It's also a "Blind Bet", he makes the straddle bet before the cards are dealt. Anyone who wants to bet now has to bet at least 2 Big Blinds, which forces out most of the weak limpers. I love gamblers. In this scenario, all you have to do is bet 4 times the Big Blind and they usually fold as they are out of position and playing blind.

"By straddling you change the effective stake of the game, and in turn change the effective stacks. If you have a solid 100bb strategy but not a great 50bb strategy, why create a bad situation for yourself? Overall, straddling is a losing play. You put in more money with a random hand, and when you do so from UTG you have awful position when you go postflop. You also halve the effective stacks and artificially increase the stakes to one that you likely are not bankrolled for. In specific situations a straddle can be good, especially when it’s socially viable…but barring that, you should usually avoid straddling in your games!" Red Chip Poker 

Wasn't a bad day, made about $20 an hour, could have been much better or a lot worse, as I was All-In a couple of times when I was down to about 25 Big Blinds and my cards held up.

FYI, there was also a Sunday Special $25,000 Guaranteed Tournament going on, usually billed as the First Sunday of each month. I'll post a blog on the Tournament Value in a later post this month.

I NEVER BLUFF



Wednesday, August 12, 2015

How the Predator and Prey Game evolves at the poker table

Updated 2/11/2017
Poker regulars at work.

OK, this has happened to me, probably you too.
"While the other players at the table played cautiously against one another, they were relentlessly and collectively aggressive against me. Check-raising me, trapping me, slow-playing me with big pairs, going over the top of my feeble raises and bluffing me right into the ATM machine."
It's obvious, most of the players knew one another and I was regarded as the "New Fish" in their pond.


Low-stakes cash games, like those at many of the card rooms around Los Angeles and Las Vegas, are home to the "regulars" of the area. They are there almost every night, they know how they play and they don't play against each other. They are here to work, and it's not just those "retired" old folks that frequent the tables. The lost boys and girls that had to come out of their "on-line" sanctuary when "Black Friday"   came are trolling the tables too. It's a game of cut throat pool when a new player enters the game, only at a poker table with 3 times as many sharks. If the new player isn't in the hand, they limp and check to the river, if it ever goes that far.

Before you enter a cash game, look around the room at several of the tables, if there are more than one. You will certainly find one or two tables where there is some banter among the players, like a good home game, with the usual ego trip by one obnoxious player. Avoid that table, it won't be fun.

Look for a game where people are actually having fun, and you might stand a chance. Find a poker room where there's a lot of young people drinking a lot and making a lot of noise. There are many of them in Vegas and on certain weekends in other card rooms. Look for the acton places in Vegas, conventions, holiday weekends, spring break and during their big special tournaments. You may find a few pros there, but mostly fun loving gamblers like the ones at the craps and roulette tables.

In most other card rooms, like those in Los Angeles or northern California, it's better to only buy into a newly started game, where everyone starts with the same stack size. It's easy to check the board and see how long the waiting list is. If the list is long, there may be a new table opening up. You'll still find the old players that buy in for the minimum and the loose players that buy in for the maximum, but you can choose where you want to start with your chips.

Be aware though, all the money isn't on the table. Many poker rooms won't let you buy in for more than 50 big blinds and most of the players have set an amount they will gamble, so they will reload when their stack gets low. Loose players and gamblers will often reload several times. You should be prepared to reload, at least once, if you want to be profitable in the long run. If you are winning and you decide to pack it up, you may have to wait a certain amount of time before you are allowed to buy in at another new table, check with the floor man.



I NEVER BLUFF



Friday, May 22, 2015

Bum Hunting

Updated 2/11/2017
mrluckypoker Mr Lucky Poker

Looking for Road Kill: Dead Money
Bum Hunting is looking for weak players in cash games, preferable heads-up games. I prefer to keep track of Mental Midgets. I think it's more profitable. Some extreme bum hunters just start a table and wait for the fish to come. Some will open several heads-up tables in the hopes that a fish will jump in. If you can keep good records, it may be better to join a full table where there are several fish. I like to do this with Mental Midgets at a loose table. There are sometimes several Mental Midgets who will go all-in pre-flop with marginal hands. They usually don't last long, because they do this from any position. After they have reloaded a couple of times they settle down a little and you have a good table with several fish waiting to be hooked, or trapped.

There are some players who would like to see some changes at poker sites. One suggestion came from a twoplustwo poker forum.

"Here are 2 simple/reasonable changes (poker sites) can make, either of these will solve the issue, but I'm in favor of both.
1. Allow players to change their screen name. This will make bum hunting much harder to do. No more can someone just look you up on table ratings and deny your action.
2. Only allow a small number of tables with 1 player sitting at them. Also, if a player sits down and you deny their action, you should be booted from the table instantly. If you don't want their action, you lose your table."


Regarding the first suggestion, many players like their screen name too much to change it, so it's not likely to be workable. The second one makes better since both from the bum hunter side and the fish side. If a bum hunter opens a table, any who sit can play, and if a fish opens one, the first bum hunter that finds it, gets first crack. What would really make it better would be to have a minimum of 10 to 20 big blinds set aside so a player can't just play one hand and leave.

I NEVER BLUFF