Casino or not?

June 5th, 2006

Recently I’ve met an interesting person who tried to persuade me not to play poker.

You could easily predict my opinion but anyway look over the arguments. I asked her to write down what she thinks about casinos.

Cosy sofa or oaken chair? Soft dressing gown or smart clothes? Cup of tea or glass of brandy? H’m… asking what I’m doing?? Nothing, just trying to understand why people prefer the second to the first. Still don’t understand?
Well, not to confuse you any more I dare to ask, Why do people go to the casino??
And being a woman I dare to answer, Because being empty inside they try to replace this lack of real emotions with oaken chairs, smart clothes, glass of brandy …(you may add whatever you wish to this list).
Pardon, what have you said?  Not everyone can go to the casino? Because not everyone can afford to spend so much money there? Yes, I can even agree with it. But don’t you try to tell me that people who are the casino-goers deserve to be respected just because of their money?
The song I like very much says, Don’t care about money, they won’t buy me happiness. I won’t discuss happiness now ‘couse every person has his own understanding of this. But don’t you think that when you’re making the first step to cross the threshold of the casino you admit your own unhappiness instead of showing your well-being?
What do I mean? Well, what is your aim? To show off yourself? Or probably your money? Or may be your position in society? Or you simply want to become acquainted with useful people?
But what if you just want to escape from another lonely evening and not to see your unhappiness, and try not to let the others know about It.
So you go and spend your money, your time simply staring at roulette wheel and probably having your fingers crossed and, impossible to believe, but asking your luck not to leave you now when you nearly to win…$1 000 000 ( why not?)!! People around are getting green with envy and you are getting proud of yourself…but…No butterflies in the stomach?  And what about a splash of adrenalin? It was just a fleeting moment, wasn’t it?
Yes, I speak blunt sometimes, being harsh more often that I should be, but I never hide my own point of view. So, you’ve got all the rights to ask what I think about this modern showbiz. Well, sounds strange but I’ve never been to the casino. Sounds more strange I’ve never had a wish to go there.  Why?? I just don’t see any sense in It. By the way why should I?
It’s much better to see a smile in the eyes of your beloved one instead of a green colour of the curtain shutter, to spend the evening in a company of your family instead of people who you’ve never seen before, to sip your tea and know that you don’t need to go far to meet your happiness…
That was my opinion. And if you don’t agree, well, dispute It if you can…
Can you dispute?

The right decisions

June 2nd, 2006

“Decisions, not results. Do the right thing enough times and the results will take care of themselves in the long run”
/ Thomas Austin “Amarillo Slim” Preston, Jr./

First I want to introduce a guy that stated the thing above. Amarillo Slim Preston is a professional gambler. His main poker achievement is the victory on the main event at the World Series of Poker in 1972. It seems to me the guy knows the topic. He proved that. And if the guy earns enough money for his family playing poker I can conclude that he can do that well.
I’m inclined to believe him at least.

And you know the meaning of this statement is that a poker player has to do right things and in the long run he will benefit from it. It doesn’t matter that he had lost a lot of money in that hand. What really matters is the way he had lost the money and the experience he had got in that hand.
As I’ve already written in my post concerning the fundamental theorem of poker if the guy makes the right moves just the same as he knew his opponents’ cards he will be in profit for sure.

I have not played for some time as I had a lot of other stuff to do. That was just a couple of hands but they have given a pleasure for a while to me as I could see that I had done the right moves and they had brought benefit.
Look at this hand. It seems to me that I’ve made flawless victory here.
I was #3 with Qd Ac

Preflop.
SB Posted Small Blind $0.05
BB Posted Big Blind $0.10
#1 Folds, #2 Calls $0.10, #3 Raised to $0.20, 6 folds, BB Calls $0.10, #2 Calls $0.10.
3 players 6.5 Bets

Flop 2s Qh Ad
BB Bets $0.10, #2 Calls $0.10, #3 Calls $0.10
3 players 9.5 Bets

Turn 6h
BB Bets $0.20, #2 Raised to $0.40, #3 Raised to $0.60, BB Calls $0.40, #2 All In for $0.20
3 players 13.75 Big Bets

River 8s
BB Checks, #3 Bets $0.20, BB Raised to $0.40, #3 Reraised to $0.60, BB Calls $0.20

#3 Shows - Qd Ac

BB Shows - As 8c

#2 Shows - Ah 6d

be0wolf Wins 19.75 Big Bets from pot with : Two Pair, Aces and Queens

I think even Amarillo Slim Preston couldn’t play this hand better.
Any objections?

The advantages of playing online

May 28th, 2006

Most of my friends think that online poker is much more attractive than the usual one. But at the same time do you know what they are doing while they are taking a rest with a pack of beer and with their friends. I guess you know. They are playing poker for sure. So a question arises if they are really like online holdem poker or just holdem, no matter online or offline. So I decided to think a little on the topic what kind of poker is better. And here are my thoughts. 

1. Online holdem poker is better because you could be absolutely sure that it will be honest. Your opponent could 10 times in a row holding rockets each time. But you know for sure that this streak will end in just a couple of minutes. The software algorithm is based on a probability theory and has no incentive to help any player. Have you ever imagine a game that is not deserved by sharpers? 

2. It’s always easier to start a game online. You know it may be very difficult to find a company to play poker with. But it’s not a problem online. There are tons of guys willing to play poker. Online casinos supply them on 24/7 basis. You just have to join them…  3. Nobody can see you while playing online. You could be in ecstasy over holding rockets and nobody will know anything. So you poker skills mean much more in online poker. Of course if you are a master of reading body language it’s a disadvantage of playing online (^_^) 

4. You could play many tables. Could you imagine a guy playing many tables offline? As a result of multitabling you could earn much more. 

5. A game goes quicker online. Computer could deal the cards much quicker than any other dealer. And there are time limits for every move in online holdem. As a result you hourly ROI is much bigger. 

At the same time playing offline with your friends has different advantages. 

1. You have no need to pay rake. Have you ever calculated the amount you’ve paid to casino with the rake of your hands? I bet it’s a huge sum. But playing with the friends your only rake is a pack of beer for the company… 

2. It looks like rest much more. Online poker is like a job. You have to be concentrated. You are trying to earn money… But with your friends you just have fun. 

So you are deciding what poker is better. Anyway I know that playing poker is better than not playing!  (*_*) 

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A hand that makes the world to go round

May 25th, 2006

That is the brief report from battlefield. Thanks to this outstanding victory our troops have managed to defend the position we have earned earlier. The superior forces of enemy were trying to move me to finish my poker career. But that brilliant move made them run away. 

We are the champions, my friend, 

Cause we’ll keep on fighting to the end. 

I was playing 3 $0.25 - $0.5 tables that night. It was second or third time I’ve decided to play 3 tables. And it seems to me that was a little bit hard for me. I haven’t felt it that time but after the session I can make such a conclusion. I think playing 3 tables I couldn’t pay the necessary attention to every player at my tables and as a result I decreased the quality of my poker. Anyway I’ve lost about $20 in less than an hour. That was a heavy strike on my account as I had less than $80 for the moment I started the session. By the way $20 is 40BB for $0.25 - $0.5 limit. I consider such a loss too big… 

I was disappointed a little but still considered that everything could happen. I believe to the probability theory and to the Big Numbers Law. I know that if I play right according to the Fundamental Theorem of Poker I will be able to win. I have to pay attention to the quality of my poker not to the results. 

So I decided to leave one table and that decision has improved my poker at the other tables. I’ve won a little. My loss decreased to $17. And after that I’ve played this hand. During that time I’ve sat out of the second table and haven’t returned to it. I needed to pay a lot of attention to this hand. 

I was #5 with Ts Js

PreflopSB Posted Small Blind $0.1 

BB Posted Big Blind $0.25 # 1 folded, #2 raised, 2 folds, #5 called, #6 folded, #7 called, Button called, SB called, BB called. 

6 players, 12 Bets  Flop 

8s Qs Kc

2 checks, #2 Bet, #5 Raised, #7 called, Button called, SB called, BB called, #2 reraised, #5 caped, #7 called, Button called, 2 folds, #2 called. 4 players, 32 Bets 

Turn 

3h

#2 Bet, #5 raised, #7 called, Button called, #2 reraised, #5 caped, #7 called, Button called, #2 called. 4 players, 32 Big Bets 

River 

9s

#2 Bet, #5 raised, #7 called, Button called, #2 called. 

#2 showed Kh Kd

#5 showed Ts Js

#7 showed Qh 3c 

Button showed Ac Jd

#5 won 40 Big Bets with Queen high Straight Flush. 

For the moment it’s my highest output from one hand. I’ve won almost $20 in less then a minute.  Could anyone comment on me if I were right playing this hand? 

The fundamental theorem of poker

May 24th, 2006

First I should admit that I’m not pretending to be the author of this idea. But the experience I have for the moment confirms that it’s true. It could bring you the money if you follow it and rob you if not.
I’m speaking about The Fundamental Theorem of Poker. Every guy who’s going to play poker should understand this concept. If you are playing more often than once a month you’ll feel the difference.
And your family also will feel the difference (^_^)
The statement of The Fundamental Theorem of Poker is very simple to understand. But it’s much more difficult to imply to your everyday poker as it demands much from you.
It says:
“If you could play the hand better knowing the cards of your opponent than you were mistaken and that hand has brought you losses. This is true even if you had won the hand. On the other hand if you couldn’t play better knowing the cards of you opponents than you are earning the money even on the case loosing a hand”.
This seems a little bit difficult to understand but it becomes much clearer in these examples.
Consider you have Ah Jh and your only opponent has 2s 7c.
Preflop
You are on BB and he is on SB. He completes to BB and you are checking.
The flop brings Ac Tc 7h.
He bets and you call.
Turn and 8s.
He bets and you call.
River 3c.
He checks and you check too.
As a result you are winning 4 Big Bets with your higher pair earning 2 Big Bets. But if you know the hand of your opponent you were playing differently.
First of all you’d better raise on preflop as your hand is much better than your opponent’s one. This would probably bring you one more bet or an opportunity to win the money without the risk of loosing 277 deck. Then you’d better raise on flop and turn and bet on river for the same reasons. As a result if your opponent call you to showdown you could win 3 more Big Bets from this hand. Frankly speaking you’ve lost these 3 Big bets in this hand.
Got it?
The other situation. Again you are playing heads up with one guy. And again you have Ah Jh and your only opponent has 2s 7c.
Preflop.
He completes SB to BB and you are raising. He calls.
The flop brings Ac Tc 7h.
He checks, you bet and he calls.
Turn and 8s.
He checks, you bet and he calls.
River 7s.
He bets and you fold!
 

On the first glance seems that you’ve lost a lot of your money in vain. But let’s consider your play if you know the cards of your opponent.
Preflop. You have much better cards that will bring you money against your opponent’s hand in most cases. So in most cases you will win the money he put to the pot.
Flop. You have an overpair. You have a pair of aces. It’s like the situation that you have pocket aces that didn’t match the deck. What do you usually do with pocket aces? You bet for sure! And you know that the only cards that could help your opponent are sevens and twos. So there are only 5 cards that could help your opponent and 42 that brings the money to you… Is it enough advantage to bet? I think yes. So again your bet is the best decision you could do.
Turn.
Nothing have changed. Again you have a huge advantage that drives you to bet. Your probability to win had even grew as there is only one opportunity left to change the situation (if you know basics of probability theory you could calculate the proofs for that statement).
River.
Oops! Seems he got the card that improved him over us. In real poker you don’t fold usually in such situations as there could be bluffing. But if we know the cards of your opponent you should fold for sure.
So as a result you have lost this hand. But in more than 80% of such hands you will win. You haven’t given you opponent any additional opportunity to increase his gains. And the next time you’ll win more.
You should clap the guy on the back and cheer him as WSOP winner. He will pay you in the next several minutes.
 

So it’s very important for a poker player to read the hands of his opponents and to behave himself accordingly.

A cure for insomnia

May 24th, 2006

Strange thing. I’ve found a new cure for insomnia. It’s called online holdem poker. :)

Every time I start to play late at night my wife is going to bed. As these two things usually start the same time I could observe this strange trend. She is very interested in what I’m doing she doesn’t like my raises and she is very disappointed if I’m loosing. But she starts sleeping in just a several minutes.
For the first time the action of this cure wasn’t so radical. I could play about half an hour before she falls to sleep. But right now we could reach this goal in really several hands.
By the way I felt the influence of this “cure” too.
For some last session I fell myself tired very soon. And last session I’ve fell asleep twice in the first hour. When I was awaken by some reasons I could see myself sitting out of the table. So I could conclude that online holdem poker helps to sleep calmly…
Or maybe you think we should work less and start playing earlier?
  P.S. If I only could not sleep I would be able to earn the money at my constant day-time job and increase that amount by night poker session. I would play higher limits for the moment as I’d have a lot of experience… :)
If I could…

Bluffing

May 22nd, 2006

That there is falsehood in his looks,
I must and will deny:
They say their Master is a knave,
And sure they do not lie.
Robert Burns “On Dr. Babington’s Looks”
 

Every poker player will assert that bluffing is a very important concept of successful poker. Every book on poker is dealing with this concept. Most of people not playing poker consider bluffing the main and even the only way to win the money. OK, I thought so too.
Maybe this felling is caused by different fiction books and films. Do you remember Maverick? You’ve hold you breath…”
Online holdem poker gives a player fantastic opportunity to bluff. Look, nobody could see you, nobody can’t interpret your gestures, your style of conduct… Nobody could see if you are glad with your card or not. Nobody looks for falsehood in your looks. Seems you can bluff every worthy hand.
BUT everyone understands this. Every person you oppose knows nothing about you and your habits but they do understand this clearly and have to act in these conditions. The guys in front of you know that you can bluff. And many times they desire to check if it is so.
Micro limits will change your attitude to bluff. I promise. I faced the same problem. Everything that is connected to bluff could lead you to losses while you are playing micro limit table. I spent almost 3 month in vain trying to overcome the situation. I’ve changed the tables and started new limits. But still bluffing shows strong trend to bring losses.
I couldn’t understand that. Is it possible to play poker and not to use bluff?
What do you think?
The right answer for the question is NO of course. Definitely you can play without bluff but if your opponents understand this you’d better change the table. If you are not trying to lie the guys you’re playing against will fold their cards every time you have something worthy so you will not get any money from them ever.
So the right conduct is to bluff. At least sometimes. But be aware to bluff too often at the lowest limits. Your opponents don’t consider their money too valuable comparing to the satisfaction of catching a bluffer. They call this honesty check. And they practice it too often.
Maybe you had known that before playing poker. I didn’t. And thanks to David Sklansky and his Theory of Poker. I like this book much more than Holdem Poker for Advanced Players. It seems more concrete to me. And I’ve got a lot of tricks I’m using now from there.
So David explains why it’s almost impossible to bluff at micro limits tables.
Do you know the main feature of $0.1 - $0.2 tables at Poker.com? I think the same situation is in other pokerrooms. The number of people watching the flop. It reaches 60% at 10-max table (a table that could played by 10 players) and 80% at 6-max. Yesterday I’ve seen 99% number at one 6-max table.
When there are so many people your probability to win decreases in geometric series. The only deserving variant of bluffing that shows positive expected value is bluffing against ONE opponent.
Don’t repeat my mistakes. And don’t believe the guys who haven’t played poker professionally – writers, producers, scenario writers.

New limits

May 20th, 2006

“The time has come,” the Walrus said, 

“To talk of many things: 

Of shoes - and ships - and sealing-wax - 

Of cabbages - and kings - 

And why the sea is boiling hot - 

And whether pigs have wings.” 

Lewis Carroll “The Walrus and the Carpenter” 

 

So the new part of my fables is about my decision to start new limits. It’s a difficult decision of course. Every time you start a new project you have to weigh all pros and cons. 

At least you supposed to… But in practice we don’t perform such an analysis. And especially that is true for poker

Every poker player is supposed to make decisions every minute. If he plays several tables in a row then he makes decisions every second… We are forced to do so and we have used to. 

So we don’t hesitate too much before the decision. We just go ahead in order to have fun and win. Sometimes you may think that we make decisions impetuously but mostly it isn’t so. We just feel that way. 

So do I. I hope. I felt that the time had come. I could win at $0.1 - $0.2. So the time to start new limit really had come. but at the same time I couldn’t choose the right moment. First I decided to start when I get $75 bankroll. But it appeared to be too difficult. Right that time I faced a strange black streak in my poker. I couldn’t close a session with profit. I wasn’t too disappointed as I could understand that I was playing better than my opponents though they were luckier. 

But that night was an outrage. Could you imagine me loosing $14 at 2 tables on $0.1 - $0.2 limit? 70 BB seems to be an excess… I was upset so much that I decided to regain my money. That became the last drop and the main incentive that had driven me to shift to new limits. I took a place at the table with $0.25 - $0.5 limit. 

What do you think the result was? 

 

 

 

 

NO, you are not right! I’ve won almost $12 in just 40 minutes! The game became wonderful. I was getting better hands. My opponents believed my bluff and I haven’t lost ANY hand I played till river. 

 

Maybe I should start $50-$100? (^_^) 

Freerolls (volume 2)

May 19th, 2006

First freeroll I’ve entered was $500. It had gathered more than 1000 pretenders. So the task was very tough. Anyway I hadn’t felt nervous. I had no need to pay for the participation. I was just playing poker when I got a message the I’m eligible to take part in freeroll. I hadn’t risked my money but I could win it. I had finished 180th… Now I could say that I was too lucky to stay so long. But that time I considered my pride hurt. I thought I could win at least anything. I was complaining on bad beats and poker algorithm that couldn’t deal better cards to me. 

So I decided to revenge in the next tournament… :)  Next 3 freerolls including 3k I finished somewhat like 600th-800th… 

But soon I’ve won my first freeroll money. That was 3k. And from the very beginning I faced difficulties. I was playing tight, very tight. But seems the dealer decided to offense me. He has given me good cards only twice. First time I’ve won a lot of chips with my all in and two guys called me. Second I’ve lost most of my chips calling someone’s all in with worse hand. Most other hands I’ve folded on preflop. No more river at least… 

But the God decided to make a little joke that day. The pokerroom had upgraded their tournament software a day before and that was the first freeroll with the newest version of client. And software developers had made some strange mistakes. So in the first hour of the game our table had pended for some reasons. We couldn’t play any hand. We were joking, telling anecdotes chatting but not playing poker. Just 2 or 3 tables among of 30 had this problem. And as we couldn’t play we nobody had lost. As a result the software couldn’t rearranged our table. We’ve waited till the break that was in 90 minutes. After the break the tables were rearranged but this hadn’t solved the problem. In just 15 minutes it appeared at most the tables of the tourney. As a result organizers have closed the tourney and have paid all the participants left. As there were about 240 participants and they paid me about $10 I think that they decided to pay according to the number of chips earned. 

Anyway thanks God and poker.com. I started my freeroll earnings. (*_*)  

Freerolls

May 19th, 2006

During my first month at poker.com I decided to come in some free tournaments (freerolls). First of all I could do that as I had entering coupon from pokerroom. They were giving those coupons as another bonus for the money deposited. Another reason for my decision was the possibility to win a huge amount of money compared with the winnings at my limits during just a couple of hours. And by the way I knew the guy who had won some of such freerolls so I was sure in possibility to do this. That was just the reasons that could motivate me to start. 

That time poker.com was organizing different kind of freerolls. They were $100, $200, $500 and $3000 tourneys. The amount stated in the name of the tourney shows the full amount of prize money in the particular freeroll. The winner could usually get 20% or 25% of that amount. The exact number depended on the number of the participants. The more participants the tourney gathered the less part of the amount was kept for the winner. To win at least anything you had to stay in last 80 in the tourney (the number also depended on the number of participants). Everybody could take part in $100 and $200 freerolls. The only difference between them was the frequency of their start. $100 frerolls were organized every 3 hours and $200 were organized every 6 hours. Anyway both those kind of freerolls were not interesting for me. I considered the opportunity cost of spending 3, 4 or even 5 hours to win a tourney with the reward (usually $20 for $100 freeroll and $40 for $200 freeroll) and decided not to waste my time. Some say that taking part in such contests I could get the necessary experience in no-limit poker to win better tournaments. But I’d prefer not only getting experience but to have the chance to win the Money. Anyway everybody decides. 

$500 freerolls were more interesting. $100 the winner could get was the amount worthy to participate. But that was more difficult. In order to take part in those tourneys you had to play at least 80 raked hands. The raked hand is a hand you have entered in and pokerroom has taken a small amount of the pot. According to the rules of poker.com you had to be in the flop to consider the hand raked for you. The pokerroom didn’t take any rake from hands finished on preflopI could make up the that amount of raked hands every three or even four days. So I participated in that kind of freerolls from time to time though they were organized once a day. 

The last but the most interesting freeroll was $3000 or just 3k. 3k started 18pm EST every day and could bring $750 to the winner. Sounds good, don’t you think so? The coupon to enter it was granted every 250 raked hands. And it was very rare to me. But every time I got the coupon I participated for sure. Next time I try to describe the most interesting episodes of my freeroll career. 

TBC  

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