Thursday, June 26, 2008

Kenny Tran Is The Man

152

Overcards in Early Position

Kenny Tran

June 25th, 2008

Recently, Andy Bloch wrote about the perils and pitfalls of playing big cards - A-K, A-Q, etc. - when they don't connect with the flop. Like Andy, I think learning to play these kinds of hands well, adds an important weapon to any player's arsenal. Of course, like any weapon, you have to approach these hands carefully to ensure that they don't blow up in your face.

One of the most important safety tips I can give in regards to "big" hands is to be especially cautious when you're playing them from early position. I believe in this so strongly in fact that I won't even play A-Q unsuited from under the gun at a full table. It's just too easy to get into trouble with this hand and cost yourself valuable chips.

In my opinion, the smartest thing you can do with hands like A-K in early position is mix up your play as much as possible. That means you're going to sometimes want to raise with these hands and, at other times, you're going to want to limp with them. Why? Because by mixing up how you play in early position, you'll make it harder for your opponents to figure out what kinds of hands you really are playing. Of course, there are some other things to keep in mind when adopting this strategy, the most important of which is that if you're going to limp with big hands in early position, you also need to limp with small hands like 6-7 suited.

By the same token, if you're going to be raising with hands like A-K, you also need to sometimes raise with your smaller hands. Of course, you don't want to play complete garbage from under the gun, but you shouldn't be scared to sometimes pop the pot with a less than premium holding. If you get called, you may hit something like two pair on the flop and, if you get re-raised before the flop, you can easily throw your hand away without costing yourself too many chips. Again, it comes down to keeping your opponents off-guard.

While some players argue that you should always raise your big hands, I think limping with something like A-K in early position provides another potential benefit. For example, let's say I limp from under the gun and three other players limp behind me before the button puts in a raise. Because of the amount of money in the pot, it's likely that the button is raising with a very wide range of hands. Depending on my read, I might just flat-call his raise and try to out-play him after the flop or I might even re-raise before the flop and try to take down a substantial pot right then and there.

If I had raised with my A-K in this position, chances are that none of the limpers would have put any chips in the pot and I might only get flat called by the player on the button. By limping with my hand, I can get some extra money in the pot and put myself in a position to re-raise pre-flop. If the button was just trying to steal from position, he's likely to lay down and let me take the pot. If he calls, I can play the hand cautiously if I miss the flop and, possibly, take a down a monster pot if I connect.

Of course, there's no "right" way to play a hand like A-K from early position. Instead, look around your table and determine what kind of opponents you're facing, and how aggressively you want to play against them. Mix up your game and you should be able to make your big hands pay off at crucial times.

Monday, June 23, 2008

Control

151

Control Your Environment

Scott Fischman

June 19th, 2008

We've all had moments in good old fashioned brick and mortar casinos where our senses become overwhelmed by an environment that we have no control over. From uncomfortable chairs to overflowing A/C to the guy sitting next to you who obviously hasn't bathed since the last time the Cleveland Indians won the Series, playing live poker can be a less than pleasant experience at times. That's why one of the biggest advantages of playing online poker versus live poker is the ability to control your environment. By standardizing all the variables of game play and setting your poker playing environment to your liking, you can maximize your focus and take that next step toward becoming a winning player.

So how do you control your environment? Well, let's start at the beginning. If you're anything like me, you're going to be very anal about your poker playing environment. That means you turn off your phone and shut down whatever program you use for instant messaging. Even if you're just playing for fun, you should still be taking poker seriously (unless you're just looking to flip away your roll). Along those same lines, make sure to turn off the TV, stop surfing the web and answering emails. This is about minimizing distraction in an effort to maximize focus, and one of the pitfalls of online poker is all the readily available procrastination devices at your fingertips.

Now that you're distraction free, tune the other variables in the house to your liking. Is the temperature in the house comfortable? Check. Do you have water and soda within reach and a tasty meal ready to go in the fridge? Check. What about music? I always like to have some music going in the background, but nothing too loud or distracting (if you're singing along with the lyrics, it means you're not focusing on poker).

So you've got all the peripherals taken care of, now comes the game play itself. Go through the options in the game lobby and set everything to your liking. Most of it is up to you, but personally, I like to roll with the animation off (so the game runs smoother) and “highlight bet amount” turned on. For those of you who don't know, when you turn on “highlight bet amount” it makes it so the bet amount is always highlighted when it's your turn to act. That means all you have to do is type in the amount you'd like to bet when it's your turn − no having to manually highlight the number yourself or fumble around with the bet slider. I also like to set the game background to plain brown, especially when you've played down to the final table. That bright blue “hockey rink” final table background can be distracting, so I always switch it off.

Once again, you're doing all of this because it's to your advantage, not just because you're a control freak. By controlling your environment, you give yourself the best chance to maximize your focus on the game and be a winning player. This is far and away one of the biggest assets available to all online poker players.

Monday, June 16, 2008

Playing Over-Cards

150

Playing Over-Cards

Andy Bloch

June 11th, 2008

For many players, there's nothing prettier than peeking at their hole cards and seeing paint. A-K. K-Q. Q-J. They're all big hands and, often times, very playable ones, especially in position. Sometimes though, your masterpiece of a starting hand can lead to a very ugly result.

The fact is over-cards can be some of the trickiest hands to play well if they don't connect with the board. So how do you avoid going broke when you whiff with your overs? In the words of Kenny Rogers, "you gotta know when to hold 'em and you gotta know when to fold 'em."

Let's say you're in late position or in the blinds with over-cards and are facing an all-in bet after seeing a ragged flop like 8-5-3 rainbow. What do you do? The answer is an unequivocal "It depends". First of all, what could your opponent possibly be betting here? Top pair? An over-pair? A set? Your read of your opponent's hand should greatly influence your decision because if he's holding anything but a set, you may have odds to call.

That brings me to the next question: how much is he betting? If your opponent's all-in bet is worth half the pot or less, I think you have to call with any two over-cards so long as you think they're still live. Over-cards give you six potential outs to the board, meaning that you're only about a 3-1 dog against top pair if you have no straight or flush draw possibilities. Your over-cards may even be ahead if you think your opponent is pushing all-in on his own draw or is bluffing at the pot.

In situations where you're not facing an all-in bet, the decision becomes a little harder because you must not only consider the size of your opponent's current bet, but also the size of his next potential bet. If you're both deep stacked and you call on the flop, you could find yourself facing a sizable bet on the turn. In this situation, I believe mucking your hand and looking for a better spot is the preferred option.

Another thing to consider in this type of situation is your position relative to your opponent. If you're playing from position, you may want to consider staying in the hand even if you miss the flop – especially if you can do so cheaply. For one thing, calling a cheap bet on the flop might let you hit one of your overs, giving you what may likely be the best hand. For another thing, being in position can let you try and steal the pot away on the turn or river if your opponent shows further weakness on those streets.

Facing this same situation out of position is much riskier as your opponent has control of the hand and gets to act behind you on every street. I'm much more likely to throw my over-cards away here and look to play a better hand later on.

While position can be a key factor in determining if you carry on with your over-cards, the texture of the board is also something to be considered. On a flop like the one earlier – 8-5-3 rainbow – I'm much more likely to at least see the turn with my two over-cards than I am if the flop is more coordinated, like 9-8-7 or something that brings flush or straight draw possibilities. Why? Because unless my opponent is holding a pocket pair, it's just as likely that he missed the flop the same way I did. On a more coordinated flop, there are more ways for my opponent to connect and, even if I hit one of my cards, I could be drawing dead against a flush or straight.

If I'm in a pot with multiple opponents, I'm even more likely to play my over-cards conservatively because there are that many more hands that can easily beat me. Where I might try to continuation bet the flop against a single player, I'll almost certainly check against multiple players because I don't want to give someone the chance to raise behind me and force me to give up chips I don't need to waste.

If someone does bet and another player calls, I can very easily give up my hand without having lost too much. If, on the other hand, someone else bets and the action folds back to me, I can determine whether I want to fold, call or possibly even raise in an attempt to steal the pot myself.

When all is said and done, the key to playing over-cards successfully is not to fall in love with your starting hand no matter how pretty it may first appear. Play your hand smart after the flop and you can avoid an ugly result.

Friday, June 6, 2008

The Dreaded Min-Check-Raise

149

The Dreaded Min-Check-Raise

Aaron Bartley

June 5th, 2008

There are a lot of potentially horrendous moves to be made in No-Limit Hold ‘em: playing out of position with a marginal hand, chasing down a draw without the correct odds, overplaying (or underplaying) the nuts. All of these are horrible, horrible plays. But in my opinion, the worst play that you can make (and I see made far too often) is the min-check-raise.

I’ve never seen this play used correctly. In fact, I don’t think it’s even possible to use it correctly. If you min-check-raise a hand it means one of two things: either you have an incredibly strong hand and don’t want to scare off your opponents, or you have a draw but absolutely no idea of how to play it.

The first instance I can almost live with − you have the absolute nuts and are just trying to milk the minimum amount of money out of your opponents with a bet so small that they’re forced to call. The flipside to that thought process is that if one of your opponents actually has a hand that he thinks is good, wouldn’t he possibly call a bigger bet? You might think that you’re slow playing, but you’re going about it the wrong way. While you might win an extra bet with the min-check-raise here, most of the time you’re just costing yourself more chips later in the hand by not getting a little more creative with your play.

The second instance of the min-check-raise is what really gets to me. You’re on a draw and hope that min-check-raising is going to accomplish something. I guess these players think that they are semi-bluffing, but they’re a little mixed up. The point of the semi-bluff is to take the pot down right then and there (with the potential to make the best hand later on if your opponent calls), but if you min-check-raise in that position, your opponent is priced in to the pot and there’s no way he’s folding anything better than 8 high.

This exact situation occurred recently while I was playing in a tournament. I was in middle position with K-6 of spades and one limper in the pot. I put in a pot-sized raise with the intention of stealing the pot. If worse came to worst and someone called me, I knew they’d probably be out of position during the hand. As expected, everyone folded – except, of course, the limper.

The flop came A-8-8 with two diamonds. A complete whiff for me – I had King high. There’s no reason to believe I had anything but the worst hand, so I had to proceed with caution. The limper checked to me and since there was no way I’d win this hand if it went to a showdown, I bet just over half the pot in an attempt to pick it up. The limper responded by min-check-raising me. Hmm? At this point I have two options: get away from the hand unscathed or make the call to see what he would do on the turn. He could have a monster hand here or he could simply be on the flush draw – the turn would give me the information I needed. Since it wouldn’t hurt my stack to find out, I decided to call.

The turn brought a blank. If he came out betting he obviously has a strong hand because there was no reason for him to bluff after I called his raise on the flop. He checked. There was a slight chance he was trying to play his hand super tricky, but it was unlikely.

People who min-check-raise either want to protect or get value from their hand, and will usually come out betting the next street. His check told me that he was most likely on the draw, so I decided to bet about half of my entire stack. This showed him I wasn’t folding to anything and the only way he could raise was if he was extremely confident he had the best hand. I had raised pre-flop, called his raise on the flop, and bet out on the turn – signifying to him that I had a very strong hand. His min-check-raise had worked against him and he was forced to fold his hand because he wasn’t getting priced in.

This player lost a lot of chips because he tried to get cute and put in a min-check-raise. Learn from his mistake and avoid falling into the trap of the dreaded min-check-raise.

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The Real Value of Tournament Chips

148

The Real Value of Tournament Chips

Bill Edler

May 28th, 2008

Whenever you’re talking about poker strategies, you’ll find people who make no distinction between tournament play and ring game play. In fact, I know some top players who believe that both should be played exactly the same. Even though some of them have been extremely successful with this approach, I couldn’t disagree with them more.

The basic problem is that in a tournament setting, all chips are not of equal value. In most cases, the chips you lose are going to be worth a lot more than the ones you win. While losing a hand to a marginal call in a ring game might cost you, the same marginal call in a tournament can send you to the rail. Given the nature of tournaments, it’s extremely difficult to rebound from a loss that could have been avoided in the first place. Because of this, what might be an acceptable call in a ring game should probably be a fold in a tournament.

Think about this in terms of playing the first hand in a tournament: you wouldn’t take a coin-flip for your whole stack and risk busting for what is likely a 50% chance of doubling up. Why? Because doubling your stack – especially early on in a tournament - doesn’t double your equity. If you think of yourself as a winning player, your goal should be to win the entire tournament – not just the first hand. Looking at it like this, the limited potential for this short-term gain doesn’t justify the risk of getting knocked out immediately.

The same concept also holds true later on in a tournament. Let’s say I have 50K in chips in the middle stages and I find myself in a potential coin-flip situation for 20K. Obviously, if I win, I go up to 70K and if, I lose, I go down to 30K. I’m risking 40% of my stack for a potential gain of 20% and the advantage gained by winning those extra chips isn’t nearly enough to justify the risk of dropping to 30K. If that happens, I’ve put myself at a serious disadvantage that would be extremely difficult to recover from. There are plenty of players who would probably just go for it and take the flip, but there’s rarely ever going to be a situation where I would. This reward just isn’t worth the risk.

Given what I’ve just said, I’m not telling you that you should lay down your hand every time someone shoves their entire stack into the pot. There are going to be plenty of times when the EV is there and you’re justified in calling someone’s all-in bet. Let’s say you’re holding A-K and you’ve already put your opponent on a weak Ace. In that situation, you might have induced a bluff and calling is justified. But when we’re talking about situations where you’re likely to be flipping, you don’t want to be that caller. While it’s true that you can’t always escape flip situations, I think it’s best to do everything that you can to avoid ending up in that spot.

I think that these examples clearly illustrate the huge difference between how winning or losing the same amount of chips affects you. Some people might disagree with me in specific situations, but I’ve never heard a single good player disagree with that basic idea. To me, the concept that the chips you stand to lose are a lot more valuable than those you stand to win in marginal situations is fundamental to tournament play. If you avoid these situations, it will put you that much closer to victory.