Monday, March 17, 2008

Oklahoma Trip Report, Part 1

The weather in Dallas was a very comfortable 86 degrees and pleasant. We BBQ’d briskets and ribs most of the day but my mind kept wandering in anticipation of the serious poker we would be playing later. It seemed as though the appointed hour would never arrive. Finally, we headed north from the Colony at about 6:30 pm. I- 35 is not particularly scenic but at least the road was smooth as opposed to the pot hole ridden ride out I-10 to Louisiana.
Upon arrival at the Winstar Casino, I headed straight to the poker room.
The room is very large and nice with about 45 tables and competent dealers. They use auto shufflers. The floor staff seemed pretty good, too, since I got the chance to observe them fill in for dealers a few times (something I have not seen elsewhere). Incredibly, you must PURCHASE your beer which sucks because they charge $3.50 each. They only have 1 waitress serving cocktails but plenty serving food. Evidently, they do not want their clients to get a good buzz, which seems counter-intuitive to me.

I obtained $100 chips (max buy in is $200) and got on the list for a seat. Yes, I buy in somewhat light. This is by design since I like to use a semi-short stack strategy ala Ed Miller. I think I get more action with a short stack and it keeps my decisions relatively uncomplicated. I was seated (after waiting about 15 minutes) in the 2 seat of table 22. It was approximately 8:30pm. I observed two lovely ladies working the room. One, I recognized right away, Lady Luck. Her friend, I thought I had seen before but could not quite place her. It would not be long before Lady Luck re-acquainted me with her alluring associate, the vampiric Madame Variance.
I did not get anything worth mentioning for the first 40 minutes and folded a lot. Then, I get 5-5 in late position and limp in with 4 others. The flop is A-5-9 rainbow. In my mind, it almost couldn’t have been any better. An early player bets the pot, gets one caller and I smooth call, too. The turn is a meaningless Q. The early better bets half the pot, the caller calls again and I move in. The better folds but the caller stares at me, thinks about it, and announces call. I table my set and he turns over pocket 10s. What he thought I had, I can’t even imagine since both the Ace and the Queen beat him. The dealer burns and reveals the river – a 10. The guy hits his 2 freaking outer on the river. I had him covered so I am not out but I am very short. I consider rebuying but decide to take a shot at getting lucky with my remaining few chips. Within a hand or two, I am dealt 6-6 in the BB. The pot is limped to me so I move in for my last $20 and get one caller, a friendly Asian gentleman from the Austin area. I table my sixes, he turns over K-5offsuit, and I am a 70% favorite to win. Of course, a King comes right out on the flop, so I reload. Within a few orbits, I get A-A in the BB. The pot is limped to me so I bet the pot (to look like a steal) and to sweeten the pot because I never limp my Aces. What do you suppose happened? Everyone folds, of course. Oh well. I keep grinding. Within 3 orbits, I get A-A again. This time there is a 5xbb bet from a loose player and three callers before the action gets to me. I raise! Everyone folds but the original better. Sweet! I have isolated this guy, he has been showing some questionable hands, and he has a big stack. I am feeling good and plan to move in on the flop since my stack is now roughly equal to the pot. The flop is 8-8-5 rainbow. He checks and I move in. He insta-calls and tables 8-5offsuit. Are you kidding me? I shrug and reload for the 2nd time. I get nothing playable for a while so I focus on my breathing and watch the other players. Then I get A-Qs in late position. The pot is limped to me (again) and I bet the pot. Two guys call and we see a flop of Qh-10d-4d so I have TPTK and the nut flush draw. A tight early player bets and a very short stacked Russian guy moves in. I have him covered but I want to drive out the tight guy in EP and isolate the shorty so I re-raise all in, too. Sure enough, the EP guy folds his A-Qo face up. I table my Ad-Qd and the Russian fellow tables his Q-10o. Lame, but I have outs. I do not improve and he wins. No big deal but damn, I am running cold tonight.

Wednesday, March 12, 2008

Going to Play Live this Weekend

I am heading up north to Dallas for a family gathering this weekend and while I am in the vicinity, I will be crossing over into Oklahoma to play at the Winstar Casino. I have never been there but I hear they have a nice poker room. I plan to follow my usual strategy (short stack, uber-tag) for live play and hope to return to Texas with a tidy profit.
That gentleman, Ed Miller, knows what he is talking about. By buying in short, I avoid most tough decisions and protect my bankroll at the same time. I will also be employing some of the techniques I learned by reading “Elements of Poker”. I will pay attention to my breathing and hope to improve on my “quitting”. I will focus exclusively on No Limit Texas Hold’em cash games and look to grind out at least 6-8 hours on the tables. Upon my return, you may expect an obligatory trip report.

Tuesday, March 11, 2008

How Big is Big? – Big Aces

Losing an illusion makes you wiser than finding a truth. ~Ludwig Börne

Another review of my data leads me to another post about popular starting hands, big Aces. Different people define “big” differently. I know people that think A-10 or better is a big Ace. I also know people that never saw an Ace they didn’t like. I am not one of those individuals. I think the list of truly big Aces is rather short - A-Ks, A-Ko, A-Qs, and A-Qo - that’s it.

Texas Hold’ Em is a game of domination. One wants to dominate one’s opponent and reduce his chances to win. Playing weak Aces (or Kings, etc.) is a recipe for being dominated by stronger Aces. Thus, we will eschew them while hoping our opponents continue to over play them. Remember, there is a reason why A-K and A-Q (suited or not) are included in the top 20 best starting hands and weaker Aces are not. My own data supports this conclusion. A-K and A-Q (both suited and off suit) are consistent winners but A-Jo and A-10o are not.

I play A-Js and A-10s but not because I think they are big. I play them as suited Aces and I am looking to flop a flush draw or Aces up. They can win as top pair but the pot will not be big because I will be exercising pot control.
The fact of the matter is this, A-J offsuit and other smaller non-suited Aces are not consistent long term winners. Sure, I will probably attempt to steal with them from the Hi Jack, Cut Off, or Button but they are too weak to play from early position with consistent success in full ring NLHE cash games.

Monday, March 10, 2008

Hands that Consistently Lose Money

Nothing is so difficult as not deceiving oneself. - Ludwig Wittgenstein

Continuing to work on my “A” game, I am reviewing my data and looking for hands that are consistent losers. By eliminating these from my game for the most part, I am lopping off a sizable chunk of my “C” game. The net result should be an increase in my “A” game. Which hands are these wicked temptresses that lure me into handing over my hard earned cash, you ask? They are probably the same hands that entice some of you with their siren song, my dear readers, sweet seeming suited connectors like J-10s, 9-10s, 8-9s. Add in the handsome looking K-10s and the lovely Q-10s and you have a cadre of attractive starting hands that are consistent losers for me. What else might we find? Well, I mentioned in a previous post that the cute little ducklings 2-2 have also proven to be losers. Then, add in the hands that I know are troublesome and probably should not be playing anyway like A-Jo, A-10o, A-9o, A-8o and voila! There you have it.
While I will not recommend one should never play these hands, one should certainly limit their allure to the Hi-Jack, Cut Off, and Button. Even then, one should exercise caution and prudence as these hands often make a hand that is 3rd or 4th best – which is definitely negative EV.
A couple of caveats to note are:
1) suited connectors containing a 5 were more often winners than suited connectors containing a 10, and
2) big suited connectors, such as Q-Js, K-Qs, and A-Ks, are consistent winners.

I whole heartedly recommend you perform a similar exercise for yourself and see how much of your “C” game you can eliminate. Until next time, good luck at the tables.



Friday, March 7, 2008

Working on My “A” Game

The obscure we see eventually. The completely obvious, it seems, takes longer. ~Edward R. Murrow.

I just completed Tommy Angelo’s book, “Elements of Poker”. I enjoyed it and will be working to incorporate some of his recommendations into my game. The book primarily offers advice on how to improve one’s meta-game. How to reduce the incidences of one's “C” game and increase those of one’s “A” game. He makes a compelling case for both why and how to reduce your “C” game. He also gives some sound advice on other topics that are not the usual poker strategy stuff. Like how to improve one’s game by improving one’s folding and one’s quitting. Things that are a necessary part of every player’s game but things we rarely ever think about because they are so ubiquitous.
Imagine this - how to improve one’s game by breathing better. Yeah, that’s right, breathing. I tried his advice last night in a home game and it was right on. I was running hot and having a good time with my friends but noticed I was becoming distracted by all the table talk and other stuff going on so I started consciously thinking about my breathing. Within minutes I was back on my “A” game and re-focused. Amazing.
I definitely recommend this book as a means of identifying some improvements in your game that you probably have not ever considered.




Thursday, March 6, 2008

Turning Small Change into Cash – Small Pocket Pairs

“Our aim, in philosophy, is to show the fly the way out of the fly bottle” - Ludwig Wittgenstein.

I have been looking for opportunities to get more value from my game (full ring NLHE) and decided to review how I am doing with small pairs. I will define those as 22 – 77. Why, you ask?
Well, because you are going to see an overcard to pocket 7s on the flop 92% of the time (and even more often for smaller pairs). That means you basically have to flop a set to want to continue with confidence. Let me say that again, greater than 92% of the time you see a flop with a small pocket pair, there will be overcards to your pair.

I have 82K hands in my database. (Digression: If any of my readers play online and
do not have Poker Tracker, why not? For a ridiculously low price, you can analyze and review your play. If you are at all serious about winning at online poker, you have got
to have it.) All pocket pairs but 2-2 are profitable winners but some are more profitable than others. For me, J-J and 10-10 win 68% of the time, 9-9 only wins 43% and 8-8 only 33%. Once you get to 7-7 and 6-6, the Win% is only 24%, 5-5 = 20%, 3-3 = 12% and ends at a paltry 9% for deuces. Thus, the Win% drops precipitously as we go down the list and is generally low for most small pairs.

Interestingly, for me, 6-6 is the most profitable pair lower than 10-10. No other small pair comes close (and I have flopped approximately the same percentage of sets with other small pairs so the difference is not due to flopping more sets with 6-6). I have also won more with 6-6 than I have with any of the following starting hands: A-Ks, A-Ko, A-Qs, and A-Qo. No other pair below 10-10 has won more than these hands. 4-4 and 3-3 are the next best two (in that order) and I have won more with them than I have with 5-5, 7-7, 8-8, and 9-9 combined. I have lost more with 2-2 than any other pocket pair.

If you add up all the money I have won with 2-2 all the way up to 9-9, it still does not equal what I have won with 10-10 alone (or any other higher pair).

What can we learn from this? Well, most small pairs are profitable but (usually) only if you can see the flop inexpensively and flop a set. Betting/stealing from the Hi-Jack, Cut-Off and/or button is OK, too, if you are willing to C-bet any flop that is checked to you and fold to a check raise unless you flopped a set. Cold calling bets/raises with them is only recommended if: 1) you are getting the right pot odds to set mine, or 2) you are planning to bluff/semi-bluff and steal the pot on a later street.

Remember: money saved is money earned and bets not wasted are just as valuable as bets that are won. So, until next time, good luck at the tables.



Thursday, February 28, 2008

An Evening at Mookie’s

I decided to play in the Mookie again last night. Tournaments are not my strength but it is hard to resist playing in this well attended blogger donkamant when I have the opportunity. I got a late start since the family wasn’t quite in bed yet when the tourney started. I only had two playable hands before the first break. I had Q-Q but got no action and I had A-Qs and flopped Q-Q-x but could not get any action - lots of respect but no action. After the break, I went on a mini-streak when I got 10-10, a suited Ace that flopped the nut flush, A-K with an Ace high flop, K-Qs flopped a flush and str8t draw but I never could convince anyone to play a pot with me. Then, I get 8-8, turn a set and river a boat to double through Dubspoke before the second break. After the 2nd break, I went on another run being dealt A-Q, K-K, and K-K in rapid succession. The noble monarchs decreed execution to be the fate of OhCaptain and I collect my first bounty of the night. Soon after that, Waffles had pocket Aces and I folded 6-6 to his weak bet since it smelled like he wanted a call. Wouldn’t you know it? An innocent seeming 6 came right out on the flop and I would have flopped a set and collected his bounty if I had stayed in the hand. I get nothing for a while but in the meantime, TripJax gets all in with Q-4 against A-K and makes two pair when a Q and a 4 flop right out. Soon, I look down to find another pair of Kings and this time, Jestocoast wants action. My Kowboys meet him in the street and gun him down for my second bounty of the night. By now, I have a comfortable stack compared with the field and I should have slowed down a bit. However, I am feeling good and make the final table full of confidence. I am honored to share the final table with such blogger luminaries as Fuel55, TripJax, and Sir Waffles. Within the first two orbits, I am UTG and look down at the hand of the day, pocket Kings. Now, if you have been paying attention, this is the fourth time in this donkament I have been dealt K-K. I should have known it was coming. Can you sense it? Yep. I run my pocket Kings right into pocket Aces. The flop was all undercards so even if I had not been all in pre-flop, I would have moved in on the flop. Dammit! Neither the turn nor the river helped me and my Kings are ignobly impaled on the Aces of McIarich, the usurper (and the eventual winner). And with that, I am eliminated in 9th place with 2 bounties. I had a great time but sure wish I had lasted longer at the final table.

Thursday, February 21, 2008

Profiting with Suited Aces

I think many players overvalue and misplay weak suited Aces. They put too much $ in pre-flop and then can’t seem to get away from top pair weak kicker. While I am not a big fan, when considering which sub-premium hands to play, they are playable if you “begin with the end in mind”. What I mean by that is most of the time, you do not want to flop an Ace and have top pair, rag kicker. You are looking to flop a nut flush draw (or better) – period. These hands are somewhat better than suited connectors because if you make your flush, you will know you have the nuts (at least until the board pairs).

I never really considered this type of hand (A-Xs) to be very strong but when I look at my PokerTracker data (80,000 hands), I was somewhat surprised to see suited Aces are the third most profitable group of hands I play. Not surprisingly, Pocket pairs (not just the big ones) are the most profitable group. A-K and A-Q (both suited and offsuit) are the second most profitable group. Third, are the other suited Aces. I consider A-Ks, A-Qs (and A-Js, A-10s somewhat less so) to have value as “2 big cards” in addition to being a suited Ace. However, A-9s to A-2s are playable almost exclusively as suited Aces due to the probability of domination. So, I have been thinking about how to get the most value from them while not placing myself in risky spots where the price isn’t right.

You will flop two (or better yet three) of your suit when holding two suited cards approximately once every eight flops. The only other hands you would want to flop might be Aces up where you pair both of your hole cards (about 49 to 1 or 2%) or one pair and the nut flush draw (giving you 9 outs to the flush, 2 outs to trips, 3 outs to two pair). If you do not flop two (or more) of your suit or Aces up, you may usually check/fold with a clear conscience.

Our goal with this type of hand is to see a flop as cheaply as possible because you need to connect with the flop to continue with confidence.

Therefore, in EP, MP, and LP, I recommend limping A-2s through A-9s.
If someone raises after you limp, only call if you are getting the right pot odds. Then, “fit or fold” on the flop. My rationale here is you want to win a big pot so you do not mind more players taking the flop. You want your implied odds as high as possible –remember, you are hoping to make the nut flush and have an opponent make a weaker hand. If you are in LP, flopped top pair rag kicker, you may be in the lead but don’t get married to the hand. You may lead out (and will often win right there) if checked to but beware a caller or worse, a raiser. You have to think, with an Ace on the flop, what does my opponent have that he wants to call (or raise) my bet with? Often, a better Ace he limped in from EP with. Don’t say you weren’t warned.

I suggest playing A-10s through A-Ks a bit more aggressively.
You can win with these hands just by flopping an Ace, making top pair top kicker by pairing your other card, making Aces up, or the nut flush. I would open bet these hands for 3-4xBB from any position. If raised, I would just call from EP, and re-raise from MP or LP. I will then C-Bet any flop. If I connected with the flop, and my C-Bet gets raised, I will re-raise if I made any of the hands I mentioned above (e.g. TPTK, TPGK, Aces up, or the nut flush draw).

This type of strategy (although admittedly weak-tight) has served me well and might work for you, too. Until next time, good luck at the tables.


Wednesday, February 20, 2008

Louisiana Trip Report, part 2

The break was just what I needed to mentally re-group and regain my focus. It is now after midnight and my birthday is over. I have not won and I am not winning but I have several more hours to play. I get 8-8 twice, 7-7, A-J, 4-4, and see a straddled flop with each one but never improve. I get Q-Js and win a small pot after flopping 2 pair. I also win small pots with A-Ko, once on a K high flop and once on a whiff that I continuation bet. I win a medium sized pot with Q-Q but nothing major. Around 2am, I get 9-9 on the button. The pot is straddled and then raised to me, $100 to go from an older player in middle position. My read was he had A-K or A-Q so I moved in. I had a tight image and had moved in previously with A-A and K-K pre-flop with him at the table. I figured he would probably fold. He didn’t. He called and tabled his A-Ko. I table my 9-9 and he seems confident. He never improved and I double through him. Sweet! I am up to about $580 on the table. I bleed off some chips trying to see straddled flops in position but get nothing until around 3:45am. I have about $370 in chips and I look down to see I have been dealt pocket Aces. I open bet to $50 since I am in early position and the pot is straddled. I get two callers when all of a sudden an older guy in late position says he is all in. It is folded to me and I call since I did not have enough to re-raise. The players behind me fold since the old guy has been pretty tight. I table my Aces and he tables his Kings. My Aces stand up again and I scoop a massive pot. Not long after that, around 4am, my buddy says let’s grab some food and I agree. I rack out with about $830 after tipping the dealer. I played about 9 hours and cashed out with $430 profit after subtracting the $400 I bought in for. I am sure I also gave out at least $60 in tips to waitresses and dealers. I estimate to have been dealt about 25 hands per hour (approx. 225 total) by the highly competent dealers I encountered. Heck, they even still shuffle by hand instead of using the automatic shufflers like I saw everywhere in Vegas. So, $430 divided by 9 = $48 dollars per hour. I think I could have won more but overall I am not too disappointed.
The trip back home was uneventful but relaxed. We scored some frozen boudain to enjoy later on the way out of Kinder, LA. Coming back winners makes the trip much less onerous although all the road construction still makes for an unpleasant ride. If there was anything good about the trip back, it was that we stopped and ate at Burr’s Smokehouse on I-10 in or around Vidor, TX. If you are ever passing through that area, do yourself a favor and stop at Burr’s. Their smoked sausage is exceptionally good. They even have cool shirts that say, “Burr’s, still smokin the good stuff”. I meant to get one but by the time I finished my meal, I was so full and satisfied, I forgot to. Anyway, we brought back a bunch of sausages so we could regale the homegame gang with food and tales from our experience in Louisiana.


Louisiana Trip Report, part 1

One of my homegame buddies, the “Poker Savage”, and I left Galveston on Friday, the 15th at about 1:15pm. The weather was cloudy and threatening to rain, however, even the usually slow ferry ride seemed to go quickly. We were looking forward to playing some poker at the casino and the miles flew by. After checking in at our motel, we arrived at the Coushatta poker room around 6:30pm. The Coushatta poker room is very nice. It has approximately 40 tables and is mostly enclosed from the rest of the casino so smoke and noise is minimized. However, while lots of fish choose Las Vegas as a destination, not many choose the swamps of Louisiana. The shark to fish ratio was askew, there were too many sharks and not nearly enough feeder fish. The game itself had also changed. Instead of the $100 min and $300 max I was expecting, it was $200 min and $500 max. This game played much, much bigger and faster. I also believe this is why there were fewer fish than before – they were priced out. Within the first hour, we were both down $200. There was a straddle on just about every hand and that created a lot of action. The size of the game and way it was playing pushed me out of my comfort zone and, initially, off my game. Earlier, I had folded the best hand in the first big pot I got involved in. I had Ad-Kd, raised to 5xbb pre-flop and got 4 callers. The flop was K high with 2 spades, no diamonds. I was first to act and bet about 1/2 of the pot, because I did not want to kill the action. To my surprise, I got called by three players. The turn is a spade and I check. Everyone behind me checked, too. The River is another spade and I check not wanting to pay off since I figured one of my three opponents had to have a spade and I had none. One guy bets, a-ha, the spade I think, he is called and the caller shows Kh-8c, winning with top pair, 8 kicker. The better had pocket sixes and had never improved. I seethe inside for not betting the turn and then folding the winner on the river. However, I make a mental shift in gears and decide to play more aggressively. I figured if my opponents were going to play this recklessly, I would punish them. Soon, I look down at Kh-Qh and raise a field of limpers, two players call. The flop is Q high and being short stacked, I move in. Only a mature woman calls me and tables her A-Qo. I do not improve and she wins. So much for my first buy in.
I re-buy and soon after, I get moved to another table. That table breaks when the tournament begins and I am moved again to the “main table”. This table has five old guys (out of ten seats) wearing Coushatta jackets and talking amongst themselves as though they play together all the time. The dealer is calling all of them by their first name (and they are not wearing name badges). Oh, did I mention they all had me covered by far? Three of them had more than $1,200 in chips in play. I start taking some flops in position but before long, my flopped 2 pair go down to a rivered flush and I am knocked down to about $65 in chips. It is about 10:15pm, I have lost two-thirds of what I brought to play with, and I am beginning to wonder if I was shamefully going to be watching television back in the room by midnight? A few hands later, the straddle was on and I was in late position. I looked down at Ad-8d. There is about 2+5+10+10+10+10 in the pot so I move in for my last $65. I am called by three players and we take a flop of 9d-Jc-5d – giving me the nut flush draw and an overcard. The other players begin a side pot. The turn is a 7s, adding an inside straight draw for me. The river is a Kd giving me the nuts, so I win the main pot of about $270, some other guy wins the side pot with 2 pair Kings and Nines. Within two orbits, I am dealt two beautiful red Aces. The straddle is on and I am in middle position so the pot is about 2+5+10+10+10+10+10 and I make it $75 to play. The player to my right raises to $150 and gets one caller before it gets back to me. Of course, I move in. Both players call. They also have a side pot. I win the main pot when my Aces hold up. My opponents held J-J (the raiser) and A-Qs (the caller). I am now up to over $730 chips in play. I made a critical error in judgment and did not immediately pocket my profit by cashing out. I could have re-bought for $200 and been playing with other people’s money. Within 2 hands, I am dealt K-K. One of the old guys opens from UTG to 3xbb. He gets two callers so I raise to $50 when it gets to me. The original better re-raises to $100. My spidey-sense is tingling. However, my testosterone takes over and I move in (I have him covered by about $250). Of course, he calls and tables his pocket Aces. Ouch. I feel as though I just got kicked in the junk. The flop is all undercards and I think I would have moved in on the flop even if I had just called his raise instead of re-raising him. Anyway, I lose all my profit and am reduced to about $250. It is about 11:00pm, I play a while longer remaining at or about the same level in chips before deciding to take a food break. One of the nicer gentlemen at the table had advised me a $15.00 food comp was available once one played at least 3 hours of 2-5 NLHE. I asked the floor and was promptly presented with the best food comp I had ever received (in Las Vegas, you get $1 per hour seated). At about 11:40, I hurried over to the oyster bar since I knew it closed at midnight. I ordered a dozen on the half shell and a brew. Oysters are a great late night snack because they are high protein and low fat. Which is to say, they provide substantial nourishment without causing one to too full or sleepy. I wolfed those babies down and they were so delicious, I immediately ordered a 2nd dozen. I gobbled those down even quicker than the first dozen, finished my beer, and hurried back to the poker room.