The Early Stages: Stealing Antes

January 20, 2008 | Comments Off

There is definitely a better mathematical arguement for stealing blinds or coming over the top of other poker players who are apparently making blind steals. But some players (sometimes me) like to sit back and let the other players at the poker table do the dirty work for us. These players like to let the other poker players go crazy and then nail them when they finally do catch a hand. I guess, like everything else though, it just depends on who is at your table and what they have been doing.Actually, a lot of times I will sit back and let the other poker players at the table outplay me for long periods of time and then bust them, leaving nothing but the felt. I let them build up their confidence and think that they can outplay me and eventually they get sloppy, make a move on me and Bam! They’re busted.

Anyway, so at an agressive table, I’ll relax a bit and wait until the agressive players present me with an opportunity to take all of their chips (or outdraw me, lol). But, at a passive table, I will try and control the action by making raises and rereaises.

Deception in Poker

January 19, 2008 | Comments Off

Poker is not just a mathematical game. It is also a game that entails a lot of psychological combat. Three of the most important psychological weapons in poker are bluffing, semi-bluffing, and slowplaying.

Bluffing

Contrary to popular belief, bluffing is almost useless in a low limit game (anything less than $2-4). Rarely will people not call to a showdown, so there is no point in scaring people out of the pot. I suggest waiting to bluff until you play at a higher limit. When you play at a higher limit, it’s best to bluff when you ‘represent’ something and there are only one or two opponents in the pot. For example, betting at the flop with a high card on the board ‘represents’ a pair, raising when a flush is possible ‘represents’ the flush. Bluffing is also much more useful in a no-limit game than a limit game.

Semi-Bluffing

Semi-bluffing is the same as bluffing except you possess a strong draw.

Your Hand

Board

You currently only have Ace high, but you may hit a spade flush or make a pair of Aces or Kings. Thus, if you bet with this hand, you are bluffing at the pot but have a high likelihood of possessing a strong hand on later betting rounds. Semi-bluffing is a very useful technique at times, especially in no-limit games.

Slowplaying

Slowplaying means deceiving your opponents into thinking you have less of a hand then you do.

Your Hand

Board

You flopped a full house! There is no need to scare people out of the pot because there is little chance of someone drawing out on you. Thus, you should wait to the turn or maybe even river to jam the pot with bets and raises. You should slowplay if two conditions are met:

1. You hold a whopper and there is almost no chance of someone drawing on you

2. You will only get action if some other cards come out that will improve your opponents’ hands. Nonetheless, these cards are not good enough to make their hands beat your hand.

Short Run versus Long Run

January 19, 2008 | Comments Off

Whenever someone draws me out with very poor odds, I’m tempted to bang my head against the table. However, I try to console myself by reminding myself of all the drawouts I’ve performed on people and more importantly, it’s the fact that my opponent is drawing to poor odds that allows me to win in the Long Run.

What exactly is the Long Run?

There is no precise definition for the Long Run and it varies depending on the game. Limit Poker has a fairly short Long Run. I’d wager that almost all winning players will show a profit after 250 hours of play and most losing players will show a loss after that amount of time. However, any given hour can be totally different. In fact, the Short Run of Limit Poker is very brutal because of the vast potential for cheap drawouts.

However, the length of the Long Run depends on the skill advantage one has. If one has a very large advantage, the Long Run will kick quite soon. In contrast, a very small skill advantage will seemingly take forever to be meaningful.

Luck Becomes a Factor in Short Run Poker

Of course, any 100 hands can bring just about anything in Limit Poker. There is only so much skill involved, so luck will be a very dominating factor in a small group of hands. Yet, a very important thing about Limit Poker is that there are few ‘huge’ hands. While the pots can be very big on some hands, you do not have the capability to lose your whole stack on any given hand. When, in fact, the pot is very big, it is generally a multi-way pot so you only invested a fraction of what’s at stake. Because of the lack of the capability to lose a lot in one hand, short-run fluctuations do not make a very huge dent in the Long Run of Limit Poker.

Skill Dominates Long Run Poker

Because any one hand involves a lot of luck but a thousand hands are not swayed too terribly by luck, I suggest sticking to a comfortable limit when playing fixed-limit games. ‘Making a run for it’ is a very bad idea at Limit Poker because there is an awfully large amount of luck in the Short Run, and there really is no need to gamble because the Long Run happens quite quickly.

In contrast, No-Limit Poker has a fairly short Short Run but a longer Long Run. How does this make sense? Well, it’s the concept of big hands. At Limit Poker with a decent sized buy-in, it’s almost impossible to double up or lose your stack on one hand. However, this is common in No-Limit Poker. However, when these big hands occur, generally the better player has a sizeable advantage at No-Limit. Since the results of the No-Limit session will be widely dependent on a few of these hands, generally a strong No-Limit player will win simply because he will win a couple of these big hands. He may lose a bunch of small hands but will show a profit at the end of the day because of at least one or two big ones.

However, because one’s outcome is so dependent on a few hands, the Long Run takes longer to kick in. Let’s say you have some bad luck at No-Limit. On three occasions, you go all-in on the flop with a 70% chance to win and lose all three times. These three huge hits will take awhile to win back. A very bad run at No-Limit can take weeks to heal.

Because there is more skill in the Short Run, people are more willing to ‘make a run for it’ at No-Limit. Nevertheless, this is still a bad idea because if you play a game whose stakes you are not comfortable with and your game will suffer. You cannot play scared at No-Limit, so you should always play in a game whose stakes are not significant to you.

Skill is a relative concept. The greater your skill differential over your opponents, the quicker you can expect to reach the Long Run. Always be aware that any win or loss one day does not say that much about your skill, and if you have shown a loss over several months, perhaps you should wake up and smell the coffee about your poker skill.

Pot Odds

January 19, 2008 | Comments Off

When you see a flop, you will generally be in one of three situations.

Situation #1: Your hand totally misses the board.

Your Hand

Board

You have nothing, so you should check and fold.

Situation #2: You hit the flop well and hold a strong hand.

Your Hand

Board

In these situations, you should generally bet or raise.

Situation #3: Drawing hand

The third possibility is that you currently do not hold a strong hand, but it is possible for you to make a strong hand if the turn or river brings you a good card. This situation is known as “drawing.” Example:

Your Hand

Board

In this situation, a spade will make you a flush, and an Ace or King will bring you top pair.

When you are drawing, there are several tools that will help you make your decisions. One important tool is “pot odds.” Calculating pot odds is fairly simple. First, you must count the number of outs you have. An out is a card that will improve your hand.

Your Hand

Board

In this example, your outs are 4 Aces and 4 Nines, or 8 outs total. To calculate your percentage of hitting an out on the next card, you take the # of outs times 2, then add 1. In the above situation with 8 outs, you have roughly a 17% chance of hitting on the turn.

Once you figure out your chance of hitting a draw, you multiply it by the pot plus the bet to see what the maximum bet is that you can call.

For example, if the bet is $10 and the pot is $90, the bet plus the pot is $100.

Now let’s say you have 6 outs (6 cards will help you). This means you have about a 13% chance of hitting. If the pot is $90 and you must call $10, you should call because you can call as long as you have at least a 10% chance to hit (10/100, the total pot is 90+10). However, if the bet to you was $20, you should fold, because that would require a 18.2% chance of hitting (20/110). For more practice with pot odds, check out our Pot Odds Calculator (coming soon)

Beware the Minimum Raise

January 19, 2008 | Comments Off

Phil Gordon plays online poker exclusively at Fulltilt Poker.

Say you’re playing in a low-stakes no-limit ring game. The blinds are $.50 and $1, and it’s folded to you in middle position. You find a nice hand – pocket Tens – and bring it in for a standard raise of three times the big blind. It’s folded around to a player in late position, who re-raises the minimum amount, making it $5 to go.

I’ve seen this sort of play repeatedly in the past few months while researching my next No-Limit Hold ‘em book by playing in low-stakes games. Every time I’ve been faced with a minimum re-raise, I’ve been up against a monster – pocket Kings or Aces.

A player who opts for the small raise may think he’s being crafty by getting me to put a little extra money in the pot while he holds a big hand. But this is not a profitable play. There are two major problems with the minimum raise.

I’ve already mentioned the first problem: My opponent has telegraphed his hand. And making good decisions is pretty easy when you know exactly what your opponent holds. The second problem is mathematical. My opponent is giving me 5 to 1 to call the additional raise. (In this example, my extra $2 will give me a chance win $10.) When I make the call, I know that I stand to win a very big pot. My implied odds – the money I stand to make if I hit my hand – more than justify the call. If my opponent started the hand with a $100 stack, I could
get paid at a rate of 50 to 1.

So I call and see a flop. If there’s no Ten on the board, I’m done with the hand. And if there is a Ten, I’m going to wipe my opponent out. As I said, poker is a pretty easy when you know what your opponent holds.

What’s the proper play when you hold Aces and a player has raised in front of you? Find the “Bet Pot” button and click it. Put pressure on a player who you know is starting with a second-best hand. Who knows, if he’s got pocket Queens or A-K, he may be willing to put his entire stack in pre-flop. If he holds something like Jacks or Tens, your big raise will minimize your opponent’s implied odds.

You should be wary of minimum raises at other stages of a hand, as well. Say you raised pre-flop with A-K and one player called. You hit top pair top kicker on a K-8-4 board. You bet out the size of the pot and your opponent min-raises you. At this point, you need to be very
concerned that your opponent has hit a set. You have to wonder why he’d be raising an amount that almost begs for your call.

My advice here is twofold: First is that you should all but eliminate the minimum raise from your game. In some rare circumstances when you hit a full house or quads, it might be appropriate, but that’s about it. Second is that alarm bells should go off whenever you see a min raise. Your opponent probably has a big hand and you need to proceed accordingly.

Playing a Short Stack

January 19, 2008 | Comments Off

The basic strategy to playing shorthanded is if you are stuck with a short stack, you need to take a lot of chances. This axiom is true of life itself, actually. When young, you feel as if you have nothing to lose but when you get older, you stop taking as many chances because you have realized the value of life.

Playing a Short Stack

When you have the chip lead, there is no reason to play loose. You must protect your chips, you’ve earned them and the risk is far too great to gamble. When you are short stacked, you have nothing to lose and everything to gain.

Especially when the blinds are raising and the antes keep coming, that 2k in pot money is worth going all in for with Q9s.

Beginning Stages of a No-Limit Tournament

January 19, 2008 | Comments Off

I have developed a strategy that has suceeded for me more times than anything else. This is the first part of the series and I have titled it exactly what it is, a strategy to win a no-limit tournament.

THE BEGINNING STAGES: Should you steal the Blinds?

The answer to this is an unresoudning NO! With the blinds so small and no ante required, it is very important to stick to a Top Ten Only Strategy – especially when the pot has been raised pre-flop. However, with this strategy in mind, it is important to consider other hands when the pot has not been raised before the flop. For instance, this is an excellent time to play hands like Ax suited, small suited connectors, and smaller pocket pairs. Once again, only when the pot has not been raised pre-flop. The reason for even considering these hands is because occasionally you could win a big pot early with these types of hands and since the blinds are relatively smaller, they are cheaper to play.

The main reason to play super-tight when there is no ante and there have been no raises before the flop is that you can also steal small amounts of money when you do raise the pot.

So, sit back, play patiently for the first few levels of a tournament in hopes that you will have a few opportunities to take a few small pots. Only by playing super tight poker can you do this. But, be very sure to pay attention to the others at your table and their actions. Do they check raise whenever they have a big hand or do they bet it? Try to sharpen your reads in these early stages of the game and gain an edge on your opponents. These reads will allow you to make good moves on your opponents later on, or make good lay downs.

Remember, from the time you hear “Shuffle up and deal!”, the game is on. However, to make it to the later rounds, when the true players come out, it is necessary to emplore some of these tactics early on.

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