Reciprocity

I’ve been wanting to right for a while about an interesting concept I came across on Tommy Angelo’s website, in an article entitled Reciprocality: The Cause of Profit in Poker. The idea is that the long-term profit that a good poker player makes doesn’t come from suckouts or cold decks or avoiding bad beats or anything like that, but rather from the situations where he makes a more profitable decision than his opponents. In other words, if Player A flops a set versus Player B’s overpair and wins $200, he has not necessarily made a profit. If he makes more … Read more…

I’m Going to the World Series

Wooooooooooooooooooo. Double you ess oh pee baby! Picked my way through a ridiculous field today to come first in a double shootout and win my seat to the main event. Now that I’ve got this one under the belt, I can keep playing the satellites for cash. Apparently, even though I won this seat on Poker Stars, I can still get cash for any seat that I win on Full Tilt. So far, though, the FTP satellites haven’t appealed to me too much, most of them pay just one spot and are at kind of inconvenient times. I wish they … Read more…

Boooooo Sunday

I dropped a bunch of money on tournament buyins yesterday, and today I’ve got nothing to show for it but one shallow cash. If I recall correctly, I played: Bodog 100KStars $1.5 MillionUB whatever their guarantee isFTP 400KStars WSOP satelliteStars Second ChanceFTP Mulligan I got off to a strong start in the FTP tourneys and the Stars second chance, but only made the money in the 400K. I’ll get back to that in a second, but first I want to share an interesting hand from fairly early in the second chance. With blinds at 25/50, I raised to 150 UTG … Read more…

Winning Feels Good

I won the Poker Stars $100 deep stack last night for about $7000. The structure on these is phenomenal: I had over 100 BB’s for more than half the tournament, including much of the final table. Playing a deep stacked final table is really a great experience, and a good player can have a tremendous edge. With fewer than ten attempts, I’ve won this tournament twice. So why do I play it so infrequently? It’s at an inconvenient time (7 PM on Saturday night) and takes FOREVER. I didn’t get to sleep until 5AM last night, which of course I … Read more…

I’m Still Not Sure About This One

I put in another session of 8-tabling 1/2 NL yesterday. An interesting situation came up where my lack of familiarity with the standard of play at these stakes may have hurt me. As a big of an introduction, I should say that the tables yesterday were not nearly as juicy as I’d imagined they’d be when I decided to multi-table 1/2. There was rarely more than one fish at each of my tables. On the plus side, I found that the more competent regulars were less tricky and easier to play against than they are at 2/4 and 3/6. Even … Read more…

So Close and Yet So Far

On Thursday I final tabled both the $160 double shoot-out and the $30 rebuy WSOP satellites but couldn’t seal the deal, finisihing 5/81 in the shoot-out and 7/169 in the rebuy. These winner-take-all satellites are really brutal. Although theoretically they do give an edge to the best players in the tournament relative to tournaments with a flatter payout, they are still less profitable than satellites that pay multiple seats because they have no bubble. I can’t even say that I ran bad, because I didn’t. My play at the double shoot-out final table was less than stellar, but even in … Read more…

Room for Error

I was 8-tabling 1/2 NL on Wednesday, something I’ve decided to do for a while because I’ve been running kind of bad and it’s starting to stress me a bit and influence my decision making. Also, I’ve wanted to improve my multi-tabling skills for a while, and I don’t want to dive right into 8 tables of 2/4 or 3/6. So I was looking to play poker without too many tricky decisions and at stakes where the money would not matter too much to me. The hand itself might be kind of rudimentary, especially at a depth of 100 BB’s, … Read more…

Giving Your Opponent a Chance to Make a Mistake

Every day that I play poker, I’m going to try to post at least one interesting hand here along with my thought process. I hope some of you will respond with questions or criticism. The first one will be a quick one that probably did not matter at all in the grand scheme of things but illustrates an important concept, which is that you should always be thinking about how to get your opponent to make a mistake, because that is where your money comes from. I had just lost most of chips in the Full Tilt $150 daily tournament, … Read more…