Saturday, July 31, 2010

Any Ace and Aggression

In loose games, it is common for weak players to play "any ace" - a derisive term used by tight players .  Any ace means playing suited and unsuited aces from many positions relative to the button.  High cards are  valuable in hold 'em, but it matters if your cards are suited  A♣-5♣ or unsuited A♥-6♠.

In preparation to playing more in the 5-10¢ limit games, it is quite a change to play different starting hands such as ace offsuits a bit more frequently.

Playing aggressive is recommended but it doesn't seem necesary because many games are aggressive or quickly becomes aggressive once a player or two becomes aggressive and create a domino effect.  Another progression in almost all games is that they become tighter and aggressive.  Perhaps it is because the players came to their senses and played tighter or because the game was just loose temporarily.  Keeping a game not so aggressive allows playing speculative hands for just one bet, and in an aggressive game it is too costly to play these speculative hands like J8 suited and 54 suited for two or three bets.

Add, to the small list of good poker books sources: Noted Poker Authority.

Friday, July 30, 2010

Chipping Away at Freeroll Tournaments

Ended another fruitfull day in the pits on a sour note. 

The day started by playing 2-4 cents limit hold 'em and with an immediate drop in the buy-in by playing too loose.  The worst play the King made was calling down, with nothing, to the river, a loose player who had T7 offsuit and made two pair.  This player was so loose and seeing the flop about 75% of the time, so the King called him down to river with nothing but two high cards. The chance of making two pair with AK offsuit is the same as with T7 offsuit.  The lucky fish, was from a Spanish speaking country.  Putting off getting revenge, the King moved to a greener pasture - a less aggressive and loose table.

Playing tight, the losses were put in control and eventually the gains came back little by little.  The best hand of the day was a full house of three aces and two nines. It was not the nuts, but the thanks to a calling station the pot was big.  This play stands out also because preflop, the King cold called a raise with A9 suited fron the middle position. A9 suited is not a strong hand for cold calling but if many others cold called the raise it is a good hand.  It was a passive table of about 30 cents average pot and four others cold called the raise and there were not reraises.  Two aces flopped giving the King trips with a good kicker..  On the turn, a nine came making aces full of nines.  This was not the nuts but close to it.  After going for overcalls to build the pot on the turn, the King raised on the river and hoped for a raising war that never happened.

It is the last month of fiscal year two and financially it will be another good year, with no way of going in the red. 

The day ended, on a sour note, by getting eliminated on the first hand, in a no-limit hold 'em tournament, by going all-in with aces top pair with a jack kicker and getting outdrawn by a loose player with a garbage hand who caught two pair.

Wednesday, July 28, 2010

Awareness and the Process of Elimination

The board reveals what possible hands there are. Straights, flushes, full houses and higher hands are way above average in strength, but their possible presence are all indicated on the board. Straights must have connected cards, flushes must have three of one suit present, and full houses must have pairs on board. So, the strong hands, or the presence of strong hands, are absolutely indicated on the board.


In his second real money session today, King had AQo and called a bet on the flop without a made hand or a strong draw - a daring move because playing overcards is risky business and not recommend for beginners. The pot was big and the board was ragged. An ace luckily came on the turn and the brave flop call paid off. On fifth street a queen made two pairs and with the process of elimination, only a set could beat two pair, so the King bet on the the river. His two pair held up and a nice pot was collected.

Tuesday, July 27, 2010

Play Money NL Hold 'em

Over the past two years, playing in play money NL games were total disasters.  Several buy-ins were lost instantly. After reading "No-Limit Texas Hold 'em" by McEvoy and Daugherty (what Sklansky calls recipe books) bet sizing according to the big blind and pot became a bit more understandable and today's play money session went well.  Maybe by the end of the year, will the King be ready for NL hold 'em.


From today, playing logs will be kept for no-limit gameplay with playtime measured by hands instead of time.  After x amount of play money hands, the King will have to jump into playing NL real money games.
 
Fluctuations are less, in the long run, with ring games compare to tournaments and this is the way to go for making money.  In the short term, ring games, as experienced in limit games, has some wild fluctuations.  In a 10¢ buy in NL sit n go, the possible loss is just 10¢.  Attract1one went 50 something tournaments without coming in the money.  U.pressure went 30 something tournaments without winning.

Monday, July 26, 2010

Keeping Records

Before keeping a record of the game play (and later studying), a few times the King played some marathon sessions of limit hold 'em.  Usually, these sessions were long in order to get even.  Getting even is still a preoccupation, but with an improved gameplay, the ups and downs are not as steep.  Getting even is not recommended and is somewhat controlled by patience - waiting another day or week with controlled no-tilt play.  Having records help in weathering the downturns because long term results are the important results and if studying more than playing, the earnings will not even out and be up there. 

Doubt is a terrible thing to have, was 16 months of winning due to luck and is that Perfect Storm downswing in the future.  The only cure for doubt is to keep improving in some way and to review the present gameplan.

Saturday, July 24, 2010

Even Money Tournaments and Ring Games

PokerStars has even money tournaments, sort of.  For their 2¢ and 10¢ buy-in sit n go tournaments the payouts equal the buy-ins.  For tournaments above 10¢ buy-ins, the house payout is less than the buy-in.

The buy-in is the entry fee that each player pays to play in the tournament.  Sometimes, in bigger sit n gos there is a buy-in fee plus another fee, whatever the case, thinking terms of the online site, they neither gain or lose from these tournaments. Just 360 players are allowed to register and with the rapidly escalating blinds these sit n gos finish fast.

For these tournaments to be even money, a participant should play no-limit hold 'em fairly well.  The players who play below average will be long term losers. In addition to improving from experience, learn from books, dvds, websites and observing others.  Think in the long term, because the effects of luck are diminished then.  Expect to have long losing streaks and some winning streaks.

Ring games where the pot, at PokerStars is below 20¢, has no rake.  The rake is only a penny for 20¢ but it adds up: saving a nickel a day adds up to over $18 in a year.  Games that have just one to four players have pots that frequently stay below 20¢.  In addition, playing heads up is a usefull skill to have when moving up to small stakes where the play is more aggressive, there is more bluffing and the number of opponents decrease instantly.  Heads up is tough against aggressive and loose players who play well after the flop by folding and bluffing in the right mix.

Monday, July 19, 2010

Ed Miller

Ed Miller, Sunny Mehta and Matt Flynn are the authors of "Small Stakes No-Limit Hold 'em" and it looks like a winner.  From the start, the way they break down the game is scientific and desirable.  Miller's qualifications are imppecable, but even if they were not, the proof is in the pudding.

Branching out to no-limit will result in more opportunities in game selection. The smaller, online poker sites rarely have a good fixed limit-game but they always have a lot of no-limit games.  With limit poker, play, with game selection, is limited to PokerStars, but with no-limit, many of the poker sites have enough microlimit no-limit games to choose from.  The sites that have a lot of no-limit games are PokerStars, Full Tilt, BoDog, Absolute Poker, and the Cake Network which represents a lot of sites such as Sportsbetting.com,  Sportsbook.com etc. 

For sports punters, Sportsbetting.com has the best lines and the least vig of 10.5/10 for spreads and totals.  Close to 90% of bets should be with them.  Their site isn't as slick as the other sites and they may not offer as much information, but their prices are the best.

It is a bit of a nuisance to put in the long password to open this ebook.  The plus sides of an ebook are that the pages can be magnified to make reading easier and an ebook takes up no physical space.  It takes half a megabyte of disc space.

Sklansky in a You Tube interview predicted that, in the future, fixed limit poker would be the number one game.  This is good, but the present has to be dealt with and the no-limit offerings are tempting.

Sunday, July 18, 2010

Annette_15, U.pressure and Woodstar?

Annette_15 has made from Poker Stars tournaments 1.8 million.  So she has made more from ring games, at other sites and from brick and mortar games and tournaments.  She is about 20 years old. 

She played in a tournament without looking at her hole cards and did well.  Watching her play on You Tube, it was strange that she relies so much on the visual clues of her opponents, that she folded before the flop a pair of aces.  Aces in the hole are the best two cards in hold 'em, regardless of the amount of players, type of game etc.  Annette_15 (while googling her name to spell it right) is banned for a week from PokerStars.

U.pressure is the best microlimit (2-4¢) player, the King has seen on PokerStars. U plays in loose, aggressive games and for the most part lets others be aggressive.  U's card sense is amazing.  U also blends in, sort of, because of U's looser play than the King.  U has made a bundle in tournaments at PokerStars.

There was a player from Copenhagen that played at a table with the King and there was a maniac at the table who has controlling the table.  Woodstar (his screen name might be spelled differently) came to the table and jumped right in with some very fast playing.  The maniac was playing about 95% preflop and Woodstar appeared and went toe to toe with the maniac with about a 74% preflop play.  The maniac started with about $4 and Woodstar took him to the cleaners.  The maniac and Woodstar played instantaneously, the games went fast.  in a matter of minutes the maniacs money went all to Woodstar.  The action was fast and furious with the betting gettting capped at a lot.  Since then, the King has played a lot of heads up with play money and someday will devote time to study this aspect of the game.

Saturday, July 17, 2010

Bluff Player Profile and Two Hours of Trash Cards

Bluff Magazine, available at newstands, has online player tournament profiles.  The best player, at the lowest microlimit level at Poker Stars, has not been found in ring games, but this player has been playing in tournaments for over two years and done well.  Those tournaments must be no-limit, because they are so few fixed-limit tournaments relatively speaking.  In another article, the playing style of this player will be described.

The King played for three hours and for the first two hours won just two pots.  Those two pots were won with just high cards and the pots were very small.  Having a run of trash cards for two hours happens and is hard to deal with.  Another scenario, that is hard to deal with, is in the first round of play, where the button goes around the table, when you are dealt several great hands and lose them all, because the other five cards were of no help.  To have the buy-in plummet in several minutes is disheartening.

The ups and downs of poker are hard to take.  Sometimes, in the third hour, the trash cards keep coming. 

Friday, July 16, 2010

Ended on a Sour Note

Overconfidence is bad and makes the King play loose and sloppy, so playing in a tournament and getting eliminated was good.  Placing in the top 72 would have been better. 

First is studying and the current preflop project should be done by fall.  The King is using a tight guide for preflop play and is branching out to a tight and loose guide and with some adjustments for passive and aggressive games and players.  Poker Essays  volumes I-III from 2+2 Publishing has a couple articles on the different game types.

The King, to be efficient, has been specializing on just preflop guidelines, and completely neglected the basics. When doing just one task, it is easy to restart it the next day.  Neglecting the basics affects game play and has resulted in losses the past two months.  But after reviewing the basics, a little, everyday, the gains have returned.  After completing this project, preflop studying will be stopped except for some minor tweaking later.

Next was ring games and there were some loose and not too aggressive games to play in.  PokerStars is the one stop site for poker.  Although the smaller sites, once in a while, have some profitable opportunities.   Full Tilt used to have the best freeroll tournaments but not any more.  The Cake Poker network was good until they change the avatars to small slits that looks slick and classy but is an eyestrain to look at.

To cap it off, the King played in a freeroll tournament, that only had 8,750 players, and finished in about 1,250th.  He lost it all, in the final hand, to a loose player who had an unsuited, one-gap connector - 97 offsuit and the flop had a nine and a seven. The King had AJ offsuit and it was over at the flop unless a miracle could happen on the fourth and fifth streets.

Wednesday, July 14, 2010

A Math Bent

Reinventing the wheel takes too long.  Learning from the right teachers is important, since life is so finite. For the King those teachers are David Sklansky and the other authors of books promoted in his 2+2 Publishing Company. Sklansky has a math bent and this is fine.

All is not on a silver platter, because to progress to higher level requires study that is not totally available from books - which are mostly geared to the lowest level.  And even at the lowest level, the knowledge that is given must be applied to the many situations.

Tuesday, July 13, 2010

A Missed Opportunity is also a Loss

Using Turbo Texas Hold 'ems simulation, playing A2 suited, from the big blind in a five handed ring game with a $10-$20 blind structure, results in a net gain of 9¢.  Applying this to a 2-4¢ game, playing A2 suited result in a gain of 1/111 of a penny and conversely, not playing A2 suited results in a loss of 1/111 cent.  This extreme example was chosen to show that some of the advantages of microlimit poker are very small. 

In a brick and mortar cardroom, the lowest stakes might be $2-$4 and the astute poker player should factor in the cost of tipping in deciding on whether to play this very marginally profitable hand.  Turbo Softwares net gain per hand is for all hands (played and folded) and not just the ones played. 

Monday, July 12, 2010

The King's Odds and MicroMania at Poker Stars

The daily Poker Stars, Hawkings freeroll tournament is free to enter and the top 72 of 9,000 entrants win a ticket to a paying weekend tournament.  The average player should win once in every 125 tournaments or 72/9,000.  The above average player should win  at a rate of less than 1/125.

The King capped today's limit hold 'em session with a 10¢ buy-in No Limit Hold 'em tournament and finished, after playing horribly, 80th place out 360 entries. He played T9 suited and KJ offsuit wrong by not jumping into the pot even tho the pot odds were favorable and the board was ragged and low.  Only the top 36 finishers win money in these turbo tournaments.  Turbo is a very fast moving tournament where the blinds rise rapidly.

Poker Stars catch phrase is "Micro- Mania" and there are 2¢ buy-in No Limit tournaments running at this moment.  The King has played in just two No-Limit Hold 'em tournaments, so far, and both of them were 10¢ buy-ins.  A 2¢ buy-in tournament is a great way to gain experience.  No Limit Hold 'em is immensely popular online whether in ring games or tournaments.

Sunday, July 11, 2010

Where have all the players gone?

Today, Attract1ve was playing at two NL Hold 'em 10¢ buy in tournaments and doing well in both of them.  NL is very different than fixed limit.

Plotting the players in poker in a pyramid, there are a lot of players at the bottom and very few players at the apex.  When going up in limits, the number of games decrease rapidly and the difficulty in playing those games increase the same.  The player "upressure" no longer plays and was an absolute penny poker winner, after watching her play at the next level she did not seem to be doing well.  But my judgement of her was from very little observation.  Perhaps she is playing in a casino in Germany.  Today Princess was playing and she (he) is one of the older micro limit players.  At Poker Stars, the biggest poker room on the internet, screen names and avatars cannot be change.  So... where have all the players gone... most of them have quit it seems.

Saturday, July 10, 2010

The Bot is Not a Bot.

Micro stakes greatness comes with a price, and that price is public scrutiny.  That player that was multi-tabling - his screen name is "attract1ve".  Today he is playing in a 10¢ buy-in, No Limit tournament for 360 maximum players.  The payout is 1st place $8.50, 2nd place $6.00, 3rd place $4.00 and on.  Attract1ve is currently in 4th place out on 360 and will win some money.


This player is to be reckoned with in the future but he will probably be playing in higher stakes when the King of Microlimit Poker resumes playing.  Oh, Maggimae went all-in with AJ offsuit and lost to AQ offsuit.

Friday, July 9, 2010

Poker Tracker and King Queen Offsuit

King jack offsuit is a starting hand that beginners overplay and the King of Microlimit Poker went in Poker Tracker and saw that there was a overall loss for KQo.  So, this hands seems much stronger than KJo because there is no gap and can make more straights, and furthurmore a queen kicker is better than a jack kicker in a kicker showdown.  So, it seems that KQo was most likely overplayed recently.

The good news from Poker Tracker is that pairs were played better, especially small and some medium pairs.  Small pairs play better in loose games and folded, usually, after the flop.

The multi-tabler from Bulgaria was going at it again but on 16 tables today.  He has about $1.15 in each table and seems to play Ok. Watching just two of his decisions where one decision took five avatar pulses to make, the question of whether this player is a pokerbot wavered between that or perhaps he can play fast. 

There was this player from Florida who played 8-9 tables and initially he was losing money and a big fish.  Several months later, his style became tighter and he looked like a small winner.

Thursday, July 8, 2010

Poker Bot?

On Poker Stars there was a player who was multi-tabling - 17 tables.  He seemed like a tight, aggressive player and winning, and after putting him in "find a player" for future reference - the drop down showed that he was playing on 17 tables.  His decisions were fast the (avatar which pulses)  pulsed no more than twice before he made a decision. Only when posting a blind, did he take time and his avatar pulsed more than 5-6 times before he posted his blind.  All this was at the 2-4¢ hold em limit, full ring games.  How can you play 17 tables at once?

Wednesday, July 7, 2010

Absolute Poker ... has 1-2¢ No Limit Poker

No limit poker is much more popular than limit poker online. There are always no limit texas hold em games going at Poker Stars, Bodog, Sportsbook, and Full Tilt. No limit poker is very different from limit and a good plan is to play at the lowest limit or 1-2 ¢. Absolute Poker has many games at that level but so does Poker Stars and then some.

There is a lot of value in playing in play money games, because these games are similar to penny poker games. People play just as seriously in play money games. There is not much difference in losing several thousand dollars in play money vs losing 80¢ in a real game. People play to win games and to win money, two different objectives.

How do those poker experts learn to play limit and no-limit hold em in addition to stud, omaha and maybe some NBA and NFL sportsbetting. It is just too difficult to play poker with concentration after working all day and with the brain not finished processing the day's activities.

Is it the online poker room's plan to make no limit hold em the number one game because it has more action and they make more money from it? Or is it because Skalansky has written that no limit is easier to play than limit. Whatever the case there are a lot of freeroll no limit tournaments at Poker Stars.