Thursday, May 22, 2008

Stealing the Blinds

147

Stealing the Blinds

Allen Cunningham

May 21st, 2008

The middle stages of a poker tournament can be a tortuous and tedious experience for even the most seasoned pro. The long trek toward the money, combined with a variety of potentially tricky scenarios you may face along the way, make it difficult to come up with one sure-fire strategy to help you through. That said, one aspect of mid-tourney play that’s extremely important is picking up pots pre-flop.

If you’ve been card dead in the first few levels you may only have as many chips as what you started with, or you may have been lucky enough to double or triple up early on. You may be minutes or hours away from making the money, depending on the number of entrants, and the average chip stack may be 20, 30 or even 40BB, based on the structure.

No matter what the situation is, however, it’s important to remember that once the blinds start to represent a decent percentage of your stack, you want to steal as much as possible. Raising the blinds a fair amount also balances your play and gets your big hands paid off more often. You’ll lose a few of your raises with speculative hands when people come over the top of you or call, but you’ll win a few as well, and raising will convince people to play back at you on those times when you happen to have big hands.

Bear in mind it’s still important to pick your spots. Continue to play tight from early position – stick to big pairs and AK – but from late position, start to attack the blinds with a variety of playable hands. At this stage of the tournament, if you’re going to play a hand, you should be coming into the pot with a raise every single time.

From the cutoff or hijack, for example, I’m going to open with hands like 9Ts, any Ax suited, all pairs, two picture cards, and even looser hands than that from the button. If I’m in late position and facing a raise, I’m either going to want to smooth-call with a really good hand or re-raise bluff them to pick up the pot pre-flop.

If somebody makes a pre-flop raise that’s more than 10% of my stack and I have a hand I want to play, I’ll consider moving all-in over the top of them. Any smaller re-raise commits me to the hand and flat-calling gives me no idea of where I’m at. If I smooth-call, my opponent is likely to bet first after the flop and without top pair or an over-pair, I’m going to be forced to either fold the best hand or, possibly, move all-in with the worst hand.

For example, let’s say somebody opens in mid-to-late position for 300 and you’re on the button with T-T and 2,000 in chips. In this situation, I would assume the raiser is opening with any two picture cards, any pair or suited Aces, so a hand like T-T is definitely strong enough to play against their range.

I think the best play here is to move all-in. This will put some pressure on your opponent if they don’t have a very good hand and they’ll be likely to fold. This move also helps you avoid the trouble you might face if you just smooth-call the raise and over-cards come on the flop. If you’re holding T-T and the flop comes Jack or King high, you really have no idea what your opponent has if they lead out, which means you will probably have to fold.

I’d recommend moving all-in with 8-8 or 9-9 in this situation too because you’ll get more action pre-flop and maximize the value from your coin flips. If someone raises pre-flop with A-Q and you elect to just call with a mid-pocket pair, they’re likely to miss the flop and check-fold. However, if you go all-in over the top and they call, you have a good chance to take their whole stack and set yourself up for the rest of the tournament.

By moving all-in with hands like A-K, A-Q, 9-9 and T-T in these situations, you’re giving yourself more opportunities to win pots by either getting your opponents to lay down marginal hands, or to make calls that put them in coin-flip situations. By mixing up your game a little and making these moves with monsters every once in awhile, you can also get your opponents to make some calls where they’re huge dogs.

Remember, the first goal of tournament poker is to make it into the money. By aggressively attacking blinds and antes when you think you’re likely to be a favorite in the hand, you can build a stack that will help carry you through the tough patches you may face in the middle stages, and put you in position to play for the win once the bubble bursts.

Wednesday, May 21, 2008

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Monday, May 19, 2008

Big Stack Poker

146

Big-Stack Play

Jordan 'iMsoLucky0' Morgan

May 14, 2008

There are few better situations in poker than to enter final table play as the big stack. However, there’s a big difference in coming to the final table with the chip lead and in knowing how to use your stack to take control of the final stages of a tournament.

There are many players who don’t slow down once they reach the final table with a big stack. I’m not one of them. By the time I reach the final table, I’ll have already played a number of hands against about half of the other remaining players. I’ll have developed reads on their games, and they will have done the same with me, which makes this a good time to switch gears. If I’ve been hammering away aggressively before the final table, I’ll often slow things down and go back to playing a more tight-aggressive style than I had been just a short time earlier.

Even more important to my success here, however, is that I begin paying very close attention to the size of my opponents’ stacks. I want to know who’s likely to be playing conservatively in order to try and move up a few spots, and who is short-stacked and looking to get their chips in the middle with any two cards. I’m more likely to play pots against the conservative players and avoid the gamblers.

Let’s says the majority of the players are sitting on somewhere between 40 and 50 big blinds each, but the short stack only has about 15 blinds in front of him. He’s going to be looking for any chance he can to double up, which means I’m not going to raise his blinds unless I’m holding a hand where I can comfortably call his all-in re-raise. While doubling the short stack up probably doesn’t hurt me in the long run, the reward I get for knocking him out of the tournament may not justify risking chips that I can put to better use against other opponents.

When there’s a log-jam of players who all have about equal size stacks, I’m willing to play a fairly wide range of hands against them, so long as I’m in position. For example, say I’m chip leader with about 100 blinds and a smaller stack with about 40 blinds open raises for 3x the big blind. I’ll call this raise from the button or from late position with hands like 4-5 suited, 7-9 suited, or J-10 suited if I think I can pick up the pot after the flop.

I know that I’m not often going to flop anything better than a single pair – if I connect at all - when I call with these kinds of hands, but I’m still comfortable making this play because I know my opponent will miss often enough that I can steal the pot with a post-flop bet. This is especially true against players who completely shut down their games if they miss the flop, because you can use your big stack to force them to commit a sizeable portion of their stack if they want to contest the pot.

When I do decide to play against the short stacks on the final table, I’m looking to do so from position and with hands that aren’t going to be easily dominated. If I don’t have to worry about someone entering the pot behind me, I’ll play coin-flips against the short stack all day long because I know I’ll win enough of these hands over the long run to be profitable.

The times I won’t make this play with my big stack are when I think someone else may try to squeeze me out of the pot by raising all-in behind me, or when doubling up the short stack could drop me from being the chip leader back down to an average size chip stack. In these cases, I’ll look for better spots and let the shorter stacks fight amongst themselves.

While having a large chip stack is a weapon in itself, you’ll get better results if you know how and when to use your stack to your best advantage. Apply pressure to the conservative players while avoiding unnecessary confrontations with the short stacks, and you’ll turn your chips into something much valuable when the tournament is over.

Wednesday, May 7, 2008

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Friday, May 2, 2008

How Big a Bankroll? Team Full Tilt

"Poker is a tough business," says Erik Seidel. "You can go through long streaks when you don't win anything." When things go badly, when you can't seem to cash in a tournament or win a significant pot in a cash game, you come to understand the importance of maintaining an adequate bankroll.

Just how big should your bankroll be? How much money do you need to ensure that a bad run won't put you on the rail? We Full Tilt Poker pros agree that the answer depends on a number of factors, including the types of games you're playing, the level of competition you're encountering, and your psychological disposition.

As Jennifer Harman says, "Some players can be effective on a relatively short bankroll, but others need more of a cushion. They'll get stressed out and play scared if they don't have enough money behind them." So you need to be aware of your comfort level at the table. If you're nervous about what you stand to lose in a given pot, you're probably playing too high for your bankroll. Harman, like most Team Full Tilt members, recommends a conservative approach and suggests maintaining a bankroll that leaves plenty of room for downswings. "If you're playing $10-$20 limit, I think $10,000 is about right," says Harman.

John D'Agostino agrees, "You should never play a limit where you feel uncomfortable." He suggests that a player shouldn't put more than five percent of his bankroll in play at any time.

The need for a sizable bankroll exists for tournament play as well as cash games. Erik Seidel, a tournament specialist, notes that long droughts are common for tournament professionals and that entry fees can add up quickly. "If you were to play all of the $10,000 buy-in events, you could spend half a million over the course of year," says Seidel. "Even top players can have years when then don't cash for $100,000, so having a proper bankroll is critical."

"You need a much bigger bankroll in tournaments than you do in side games," agrees Chris Ferguson. "A lot of people play tournaments without nearly enough. You easily need 100 buy-ins. Maybe 200."

Playing over your bankroll is fine once in awhile, but all the pros concur that it's important to leave yourself plenty of money to recover from unlucky hands and the occasional mistake. D'Agostino, one of the top young players in poker, offers one further tip for hanging on to your money. "Don't play Phil Ivey heads up. I tried that once and I failed miserably."


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