Posts Tagged ‘rebuy’
Not ALWAYS An Oxymoron
Particularly earlier in the year, running too many big bluffs in tournaments was a substantial leak of mine. I’ve made a concerted effort to confine the monster bluffs to the cash tables, and my tourney results have improved a bit. In the $300 rebuy 6-max FTOPS, though, I did pull off what I think was a big, good tourney bluff:
Full Tilt No-Limit Hold’em Tournament, 80/160 Blinds (6 handed) – Full-Tilt Converter Tool from FlopTurnRiver.com
UTG (t6916)
MP (t3171)
CO (t7325)
Button (t12320)
SB (t12015)
Hero (BB) (t6713)
Hero’s M: 27.97
Preflop: Hero is BB with J
, K
2 folds, CO bets t320, 1 fold, SB calls t240, Hero raises to t900, 1 fold, SB calls t580
Flop: (t2120) J
, Q
, 5
(2 players)
SB bets t900, Hero calls t900
Turn: (t3920) A
(2 players)
SB checks, Hero bets t999, SB calls t999
River: (t5918) 5
(2 players)
SB checks, Hero bets t3914 (All-In), 1 fold
Total pot: t5918
Results:
Hero didn’t show J
, K
(nothing).
Outcome: Hero won t5918
Preflop is definitely good. The CO’s range was like 75%, and I doubt he’s capable of 4-betting light. I don’t know much about SB but it almost doesn’t matter.
SCOOP Event 17: NLHE 1R1A
This was a pretty cool event, with one of the deepest structures in the SCOOP. The buy-in sizes were a little awkward for me, though, and I ended up playing only the $200, figuring that the $20 was too small and the $2000 (effectively $6000 with the rebuy and addon) was more than I wanted to put up on a random tournament with a pretty tough field.
My opponents in the $200 were no slouches, certainly better than what I’m looking for in a $200 donkament. I was up against people like teacuppoker, ADZ, utreg, and Mattsuspect. Even though I lasted about five hours in the tournament, there really wasn’t much in the way of interesting hands. It was a full ring tournament with some solid competition, so I was mostly just playing good hands and making cheap bluffs when I could. Showing pretty good discipline, considering how I usually play in these things, I guess.
I ended up limp-shoving 98s in the SB for 30BBs against MattSuspect, who (correctly) snap-called with 55. Even though I flopped a gutshot and flush draw to go with my two overs, and turned a double gutter, I couldn’t get there on the river. Tournaments suck.
SCOOP Event 4: NLHE 2x Chance Turbo
I hate turbos, but they are quick, so I chose to play the $15 and the $150 but not the $1500. Sure enough, within an hour I was reduced to push/fold on both tables. I actually picked up a lot of big hands in the $150, but it didn’t do me any good. I was either getting no action, getting sucked out on, or losing races. The only kinda interesting hand is this one, in which I got a little FPS’y and a lot of unlucky:
PokerStars No-Limit Hold’em, $150+$12 Tournament, 60/120 Blinds 15 Ante (8 handed) – Poker-Stars Converter Tool from FlopTurnRiver.com
Hero (BB) (t6871)
UTG (t3790)
UTG+1 (t3670)
MP1 (t7084)
MP2 (t3912)
CO (t4635)
Button (t11283)
SB (t3755)
Hero’s M: 22.90
Preflop: Hero is BB with J
, J
2 folds, MP1 bets t300, 4 folds, Hero raises to t900, MP1 calls t600
Flop: (t1980) 7
, 9
, 8
(2 players)
Hero checks, MP1 checks
Turn: (t1980) Q
(2 players)
Hero bets t1111, MP1 calls t1111
River: (t4202) 3
(2 players)
Hero bets t2845, MP1 calls t2845
Total pot: t9892
Results:
Hero had J
, J
(one pair, Jacks).
MP1 had K
, Q
(one pair, Queens).
Outcome: MP1 won t9892
/Bankroll
I think this has been out for a few days, but I just noticed that Poker Stars has posted a tentative schedule for a yet-to-be-named tournament series in April. I love the format of offering a low-, medium-, and high-stakes option for every tournament and am frankly staggered that they think they will get sufficient interest in some of these events, especially the $2000 Triple Draw.
The 2+2 MTT community is mostly salivating over this, though some are a little concerned that the smaller events will actually discourage people from trying satellite into the bigger events. I don’t think they’re wrong, but I still expect the big events to be plenty soft thanks to tourney donks playing with relatively deep stacks for fairly big money.
The only issue for me is how to get enough money on Stars by April to enable me to play the ones I want without busting the bankroll. I may suck it up and make a wire transfer, which I’ve so far refused to do on principle since Stars makes the depositor pay the wire fees. It’s really preposterous- I pay enough rake in 10 minutes to cover the fees, and it’s clearly in their interest for me to have money on their site.
Anyway, the schedule:
WCOOP Event 29: $500 NLHE Rebuy 6-Max
I’m skipping past some of the other WCOOP events I played because I’ve fallen behind on them and don’t remember much of what happened, which is because there really wasn’t much of interest anyway. The $500 rebuy 6-max did produce some neat hands, though. My table wasn’t soft, but that’s to be expected in a big event like this. There were a few good tournament players, most notably Timex, who weren’t making huge mistakes but weren’t necessarily going to play great deep stack 6-max poker either.
The X-factor was Poker Stars pro William Thorson, who’s been a long-time cash player on that site. I’ve never seen him sitting in the bigger NLHE games, so I wasn’t sure what to make of or expect from him. He was definitely too loose and aggressive at times, but overall he was pretty decent, especially when we were deep. In particular, he was doing a good job of betting big, as is often called for in deep stack poker. He won a huge pot againt the table fish because he overbet the pot all the way with a flopped set.
WCOOP Event 16: $215 PLO 1 Rebuy/1 Add-On
I was actually only in for $400 because I didn’t rebuy immediately. Only one person at my table did this, and I decided that Omaha being a high variance game, my one rebuy would be more useful to me as an insurance policy than as an immediate add-on. However, I doubled up almost immediately and never ended up using it. I ended up running pretty deep anyway. Throughout the rebuy period and the first hour or so afterwards, I played very tight. I won a few nice pots early in the rebuy period, so after adding on, I could afford to fold for quite some time, which is what I did.
Eventually I picked up Aces in a great spot and won a huge pot with a coin flip:
Poker Stars
Pot Limit Omaha Tournament
Blinds: t50/t100
8 players
Converter
Stack sizes:
UTG: t4940
UTG+1: t10930
MP1: t11523
Hero: t7430
CO: t840
Button: t8674
SB: t29202
BB: t32230
Pre-flop: (8 players) Hero is MP2 with :ks :6s :ah :ac
2 folds, MP1 raises to t350, Hero calls t350 (pot was t500), 2 folds, SB calls t300 (pot was t850), BB raises to t1750, MP1 calls t1400 (pot was t2800), Hero raises to t7350, SB folds, BB raises to t12950, MP1 folds, Hero calls all-in t80.
Uncalled bets: t5520 returned to BB.
Flop: :5s :js :tc (t16960, 1 player + 1 all-in – Main pot: t16960)
FTOPS Event 7
Event 7 was the $100 rebuy. On the first hand I raised AQ on the button, called a shove for half a stack (ie the guy didn’t double rebuy), and got shown AA. I reloaded $100 more and that’s all I was in for. It’s practically the only hand I played during the rebuy period. 6-max rebuy periods are so much better because you can profitably play a lot of hands even though everone is loose as hell. That’s tougher to do at full ring because you so rarely have good position.
The tournament itself was pretty uneventful, too, even though it down to the top 5% or so. Pretty much every key hand was decided pre-flop. There was one early on where I raised KJs UTG for nearly 10% of my stack. The CO called and so did the BB.
The flop was like Ac 9d 7c or something. I bet, and the CO min-raised. Given how much of stack went in pre-flop, I thought he would have re-raised with a good Ace. Plus I had a flush draw, so I shoved on him. He called me with A9s for top two pair, but I drilled the flush on the river to double up.
FTOPS Event 4/Rebuy Tournament Theory
Event 4 was a $300 NLHE tournament that allowed one $300 rebuy and one $3000 add-on. The initial $300 bought 2000 chips, the rebuy bought 2000 chips anytime during the first hour that you had 2000 chips or fewer, and the add-on bought $2500 chips at the end of first hour.
There are two seminal books that address the value of tournament chips: David Sklansky’s Tournament Poker for Advanced Players and Mason Malmuth’s Gambling Theory and Other Topics. I haven’t read Malmuth’s book, but my understanding is that both make a similar argument that this value is non-linear. Another words, your last chip is worth more than your second to last chip is worth more than your third to last chip etc. Each chip you add to your stack increases the value of your stack, but by less than the preceeding chip did. So if you have on chip worth x, and you double up, your stack is worth marginally less than 2x. And if you double again, your stack will not be worth 4x. This is because survival has value in a tournament where all of the prize pool is not paid to the winner.

