Bad Beats Quote from Mother Teresa

“I know God won't give me anything I can't handle. I just wish he didn't trust me so much.”

The Guild

 

The Guild is very funny comedy about dysfunctional gamers and is a You Tube sensation. It is still going strong after five seasons. The script, acting, directing and casting are all great.

With poker, when playing small the King has to play for many hours and can relate to the Guild characters. At the present time, the King is playing at the upper micro limits because he took some shots at the low limit games and lost, so to recover from his losses the structure has to be at the upper micro limits.

Outs for Top Pair and a Backdoor Draw.

The King folded top pair and wondered what his decision would have been with more time.
The game is a somewhat loose and four handed.  The blind structure is 2-5.  CO calls, BTN, calls, and the King, SB, folded A♣-8♥.  The BB bets and the limpers call (6.5 small bets).  The flop is:
A♥-T♦-7♠.

The King's preflop fold was correct according to his plan.  If the King was playing this hand how many outs would he have?  Aces would be 2, Eights would be 3 and the Backdoor draw would be .5 outs.  With 5.5 outs,  the King already has top pair with a mediocre kicker. 

Overcoming the 10% Juice in Sit-N-Go

The juice seems too big, but no so after doing the math.

# of Players:  6

Buy In:  10¢ + 1¢

Prize:  1st - 42¢, 2nd - 18¢, 3rd - 6th 0¢

Average Players Chance of Winning 1st or 2nd:  1/6 or 16.7%.  So at this win percentage the  average player's average win per round would be 60¢

Cost: 11¢ x 6  or 66¢

Break Even:  x = the higher win percentage to break even
42¢x + 18¢x = 66¢
x = 1.1
1.1 / 6 = 18.3%
So the break even percentage per hand is 18.3%, a bit more than 16.7%. With the better players
at the higher stakes, the micro sit-n-gos should have many loose players.

Pot Limit Omaha

This game, after a little checking, is second in popularity after no limit hold 'em.  Fixed limit hold 'em is third in popularity.  In pot limit omaha the pots can be big and is like no-limit.  This game seems to be growing in popularity compared to a few years ago when fixed limit hold em was the second most popular game.

Ladies Only $200 Freezeout

This was a choice tournament to enter into, if you were a lady, and it started a few minutes ago. The $200 is spread over the top five places, and there were only 37 players.  The minimum required is 20 players and the maximum is 2,000.  The buy-in was $2.20 so the 37 players spent a total of $81.40, and the payout is $200. 

This is a ladies only tournament and they are practically giving money away. In open tournaments, these situations are virtually non-existent.


1st Place  $80
2nd Place  $50
3rd Place  $30
4th Place  $24
5th Place  $16
Total Payout  $200.

$2.20 buy-in @ 37 entries = $81.40.

Completing a Draw

On YouTube, there are many videos of Jennifer Tillly playing poker. There is a video of her wearing a low blouse and when she catches a big hand on the flop, her chest heaves very visibly.

The King is playing no-limt freerolls and it is an experience that cannot be learned. The all-ins and bluffs when the blinds increase is what makes a tournament end and makes tournaments a different kind of animal than ring games. However, tournaments with all of its long term variance provides short term stability because you cannot lose more than your buy-in.  Freerolls are best for now.