Archive for the ‘Strategy & Theory’ Category

September 2, 2008

Poker’s No-Strings Fling With Politics

Poker is having an affair with politics and the mainstream media, and it seems to be one of those flings…not sure where it started or where it will end, or even what it means, but enjoying it nonetheless.

Sure, the UIGEA was the first to act, but it was the Poker Players Alliance (PPA) who bought the drinks and started the bigger conversation. Most recently, the poker lobbying organization did something that didn’t seem like a big move in the beginning but is turning out to be an ingenious one. They established two charity tournaments to benefit the Paralyzed Vets of America, one to be played at each of the political conventions. The Democratic National Convention was the stage for the first, where none other than Ben Affleck won it. The second event will take place tomorrow in Minnesota, close to the site of the Republican National Convention. Both events are getting wide mainstream media coverage, i.e. Bloomberg, Politico, The Wall Street Journal, and The Denver Post.

The poker/politics affair goes even further, as poker has also become the analogy of choice for many writers and reporters well outside of the poker community. Terms like “poker face” and “all in” are finding their way into articles about Barack Obama and John McCain, either because Obama has been known to play poker or simply because poker is a good analogy. For example:

Chicago Sun Times: Does Barack Obama Really Have a Poker Face?

The Times Herald: America Needs a Decent Poker Player

Lastly, poker veteran Bob Ciaffone got a nice write-up in The Bay City Times when he recently traveled to Denver as an Obama delegate.

Posted by California Jen at 8:19 am

August 20, 2008

Winstar: TBR Live

While I hate to push down Dan’s post on the HardRock, here’s some video goodness from the Pokerati people who still give a damn about Texas Oklahoma.

Posted by Karridy at 7:06 pm

July 1, 2008

Chip Leader Chip Shmeader

Something interesting just came over the WSOP transom, with food for thought on when in a tournament you may or may not wanna get your chips:

• Eric Crain was the chip leader at the End of Day One in this event. He finished in 13th place. Through Event #48, the End of Day One chip leaders have gone on to cash 80 percent of the time — 36 of 45 occasions (the chip leader was not applicable on three events). Only twelve of these same 45 chip leaders (26 percent) made it to the final table. Only one chip leader went on to win the event. That lone wire-to-wire winner was Vanessa Selbst in Event #19.

• Marco Johnson was the chip leader at the start of this final table. He ended up as the runner-up. Through Event #48, eighteen of 43 chip leaders at the start of the final table (40 percent) went on to win the event. Twenty-six of 45 chip leaders (58 percent) went on to finish in the top three spots. Two events did not have a chip leader (Heads-Up and Shootout tournaments).

Posted by DanM at 7:24 am

June 1, 2008

Going for Broke

photo: Jackie Endsley
Putting your last dollar toward a bad-beat jackpot may not have been the best career strategy for this guy.

Audio

I got a call yesterday at the WSOP from the Butler. I haven’t seen the guy for a couple months — not since me and my jiu-jitsu coach and heavy metal teacher got booted out of our sweet pad (pool table, poker table, dart board, 65-inch HDTV, Strip-view bedroom, fireplace/jacuzzi bathroom, no utilities) on the Eastside. We of course knew all was headed south when the Butler — the guy who set the whole housing arrangement up — walked into our casa unannounced to do a cocaine deal, and shortly thereafter got busted by The Boss (who owned the house, in theory, though not on paper) for stealing rent money.

(I met the Butler last year at the WSOP, as he was trying to sell his private concierge services to poker players and convince me to turn him into a recurring character on Pokerati.)

Anyhow, so I got a call from an unknown 973 number yesterday that I answered in the press box. “Hey, Dan, it’s John. Are you at the Series? How’s it going?”

“Um, uh, pretty good? We’re just getting rolling … so what’s up? Did you make it to Kansas City?”

“Yeah, and it’s not good. I’m calling because I need a stake.”

“Yeow, dude … can’t help you out. Wouldn’t know how to get you money if I could.”

“Western Union.”

“Sorry, man Have you tried Tom? His number is 602-97… .”

More…

Posted by DanM at 7:12 am

May 22, 2008

Pokerchute

Pokerchute

Posted by Gabe Utasi at 12:39 pm

May 20, 2008

2008 Is Probably Not the Year of Getting There

But that’s OK if you’re the PPA

Had a pleasant chat with PPA boss John Pappas yesterday about the state of poker legislation. “We have a new website!” he says. OK, that quote’s semi-made up, but he definitely wanted to pimp the Poker Players Alliance’s new forums, benefit packages, and webtronic goodies. Yeah, yeah, website uh-huh … I didn’t tell him that I get most of my PPA on MySpace, where they share rank with Ed, The Poker Atlas, and RawVegas TV.*

Anyhow, in hearing about what they’re trying to achieve, I came to realize just how much progress the PPA has made. There are currently five bills pending in Congress specific to our issue. You can say all you want about the “special interests” … but that’s what we are. And frankly a rather small one in the Beltway schema. Yet those five bills come with 98 unique sponsors — meaning nearly a quarter of the House of Representatives are more than familiar with poker causes and have affirmatively declared themselves on our side. That’s pretty impressive progress over the course of 18 months.

With that said, Pappas doesn’t necessarily expect to see a legally enforceable undoing of the UIGEA this year. Nor do I, nor does Lavigne in Austin, nor does anyone actively working toward that goal. This being a presidential election year, with so many big big issues in play and seats at stake, Congress just isn’t gonna get around to making the world safe for online poker in ‘08. I could be wrong on this — and hope I am — but I’m not. Fortunately the PPA leadership and lobbyists seem to recognize that hoping is seldom a good strategy … and while there’s always a chance poker could hit a political miracle on the turn and river, the PPA should shove all-in! what’s important now for the PPA is putting us in a position to succeed in 2009, when table conditions are sure to have changed.

* Pauly, dude, when are you gonna get on MySpace?

Posted by DanM at 5:03 am

May 2, 2008

WSOP Circuit Caesar’s Trip Report

As I surveyed the room, it was about what I expected/hoped for. Mostly pros and several table with 5-6 well known players per. Sure, it would be tough as could be, but what a great experience nonetheless. At first glance, Ted Lawson was the only player I recognized at my table, sitting to me immediate right in the 2 seat and fresh off a win in one of the prelims. Then I saw that Mark Newhouse was in seat 6. Okay no biggie. Come to find later that Theo Tran was in the 1, John Racener the 7 and Michael Esposito in 5. There was also a very aggressive Asian kid in 10 who appeared to be a pretty good player at first blush.

More…

Posted by The Big Randy at 10:29 am

March 27, 2008

RE: Just for Robert to Read

Premium hands

Posted by Gabe Utasi at 7:40 am

March 2, 2008

Hellmuth vs. Durrr Heads-up Rematch?

Tom Dwan, aka Durrr, cracked Phil Hellmuth’s pocket aces with pocket 10s in the third hand of the opening round of the National Heads-Up Poker Championship … and now there is talk of a rematch for $100,000.

(Hellmuth already made about $90k from other players offering insurance on the hand while waiting for the flop.)

Phil wrote about the hand itself — and he’s right, Durrr made a bad play — unless of course the online phenom was possibly taking Chris Ferguson’s philosophy that worked against TJ Cloutier into account, which says that when you are outmatched it is mathematically in your interest to gamble. Anyhow, here’s Hellmuth’s recall of how the 2008 hand went down … and here are the terms of a potential rematch:

After I told him that I wouldn’t have lost $3,000 with 10-10–which is the truth–Durr handled himself with class, albeit he did what all the young guys do when they’re a bit insecure, he challenged me to play heads up for $100,000. Durr knew he played the hand poorly, and if he doesn’t know now, he will understand how bad a play he made in two or three years. Will I play him heads up in the real world? Absolutely! But on my terms. I don’t need the money, and I have nothing to gain from playing him heads up, whereas he does have something to gain. He could say that he beat me. Despite that, here are my terms: I will play him in the bay area, in a casino (his terms, and I echo them), during the daytime (like starting at noon), whenever I feel like it (I choose the date). I don’t need to play him, I crushed him in three hands on NBC!! He may have won the chips, but the world knows who really won the hand!!

Posted by DanM at 7:29 pm

February 25, 2008

Oopsing with the ‘New John Brown’

I rarely post hand histories, but this one is just too good. I am curious what people think of my move on the flop? The set-up: we are on the bubble in last night’s Sunday Million on Pokerstars, and I am sitting in pretty good shape in the top 40 in chips with 487 left (486 get paid) when I am dealt KT suited, aka the ‘new John Brown’. One other somewhat criticalish piece of info (and as a result of playing a PL Omaha game simultaneously) when I made my move I did not realize that ‘2A472′ was in the pot.

More…

Posted by The Big Randy at 10:02 am

February 16, 2008

Round-Eye Poker

Last week was the Chinese New Year — we’re in the year of the Rat — and to celebrate, CardPlayer had Tom Schneider explain to all the white kids out there how to play what has never really been known as the Yellow Game.

ALT HED: I miss Sang.

Click here to watch Uncle Tom’s video lesson
about properly arranging your cards in Chinese Poker.

Posted by DanM at 2:28 pm

December 18, 2007

Poker Goals 2008

Tom and Karridy and I have been talking a lot lately about our various goals for next year — poker, podcasting, and otherwise. Apparently Tom thinks he knows a thing or two about setting and achieving said goals … man, how long do you think he’s gonna try to ride this 2007 WSOP Player of the Year-makes-me-smart thing? Anyhow, below is an email I sent to my partners in crime — including Karridy was really just a courtesy — and I figure, hey, I’ve got nothing to hide … so I might as well share them with you folks as well, and perhaps you’ll have some insight that can help me accomplish what I set out to do … whatever that may be.

(Already am thinking of adding “Make one ‘major’ final table” and/or “develop a strength in NL 2-7 lowball single-draw.”)

More…

Posted by DanM at 6:49 pm

November 16, 2007

Poker Tells: Donkey Is as Donkey Does

Posted by DuggleBogey at 9:15 pm

November 14, 2007

More Poker Bowl Fun

roughnecks.JPGT.J. Cloutier has another “blog” about good times around the unique concept of the US Poker Bowl with his Dallas Roughnecks teammates. Though for some reason he doesn’t extol the virtue of Karridy’s team management prowess — he was the bossman of the Roughnecks — in it T.J. does point us to Kenna James’ write-up about the same event — where the singing cowboy discusses how the team concept really got his juices flowing as a guy who played sports in high school but always found himself sitting on the sidelines.

Good stuff. Can’t wait to do the commentationating once they cut it all up.

Posted by DanM at 10:33 am

November 11, 2007

My First Royal Flush of 2007 (and then some)

It’s been a long time since I posted an online hand history, but if we can’t celebrate this one, then really … why are we here?

(Props to Robert Goldfarb on how I played it to maximize my return.)

More…

Posted by DanM at 6:25 am

November 9, 2007

Booking Wins

books.jpgIn my last post, I responded to an email that I received from Ralph, a nice young guy who wanted to become a professional poker player. I told him that if he hadn’t read at least 15 books he might not be taking his attempt at playing professional poker seriously enough. On Tilt commented that I must be kidding about 15, and wondered if I was exaggerating to make a point.
The answer is no, I wasn’t kidding. I was dead serious.

I have a few questions for you:

How many books do you think a lawyer reads about law before becoming a professional? How about an accountant? Pick a doctor to perform back surgery on you. Do you want the guy who hasn’t read anything since med school or the guy that has read 15 books in that time? The answer is clear for me. That’s why doctors, lawyers, accountants, etc. are required to go to continuing education to keep their license.

Besides, why wouldn’t you read virtually every book that might help you make money in your chosen profession? Why should poker players take their job less seriously than other professions? There are times when I have read a book and picked up some tips and thought what a dumbass. If I had read that book 6 months ago I would have made an extra $20,000 over that time by using that strategy.

One of the most ridiculous excuses I hear for not putting in proper study time is from people who claim to be “running good” and not wanting to screw up their play. How stupid are you? For those who don’t think they are capable of ignoring bad advice, don’t read the following: Chocolate ice cream is the best way to lose weight.

More…

Posted by Tom Schneider at 9:06 am

Poker Tells: Relying on the Force


November 1, 2007

What Cheating Looks Like

In a weird way, you can see how Potripper might have convinced himself it was still something of a game:

Click here to see the rest of this 4-part series.

Call me sick for thinking this, but there is a thing or two you can learn about strategy from watching these.

Posted by DanM at 5:38 pm

October 31, 2007

Unabomber Economics

Recently stumbled across this video, where Phil Laak espouses the basics of bankroll management — i.e. 10 buy-ins and 100x the big blind. Personally, I think the 10 buy-ins needs to be increased for no-limit players … because otherwise, how does the “10 percent rule” apply when you lose your first four sessions of $1/$2 NLH? Are you still just waiting out the variance that you’ve accounted for, or is it already time to drop your stakes to a game that doesn’t exist?



Posted by DanM at 3:46 pm

October 30, 2007

+EV: Abuse the Bubble

Posted by P*Comics at 5:08 pm

So You Wanna Be a Poker Pro?
It’s a Little Better than Being in Iraq

I recently received a thoughtful email from a young guy who has great interest in playing poker for a living or finding a good job or possibly doing both. He has asked for my advice regarding various topics of passion and career. I thought that my response might be helpful to others figuring out where poker fits in their lives, and Pokerati readers might be able to provide genius insight or alternate feedback.

Here are some excerpts from what he sent, and my honest opinions:

My name is Ralph, and I am a very big fan of your book. I am an avid poker player who is hoping to become a professional in the distant future. I just wanted to commend you on authoring such a simple, yet brilliant book. It has reemphasized so much of the values that have already been instilled in my life, yet has reminded me so much of the important things that I have forgotten along the way. I just couldn’t put the book down.

Right away, you can tell that this young man has wonderful taste, and no, this is not a fictitious caller on Beyond the Table.

I was hoping you could pass along some winning wisdom to me if you had the time. I am 26 years old and graduated from college with a BA in Communications in January 2007. I have been unemployed during this time with the exception that I have been working part time for the past 7 years. I’m really struggling to find my place in the “real world” being that I don’t consider myself too business savvy, or intellectually smart.

More…

Posted by Tom Schneider at 1:30 pm

Beyond the Table: Cops and Roberts

FYI, another episode is up … for those of you who haven’t yet subscribed or synced your iPods. In this episode, our favorite non-bracelet-wearing cruiser-stakes pro sits in for Tom.

[display_podcast]

  • Robert G drinks the BTT Kool-Aid.
  • WSOP scheduling, the Houston poker bust and felony charges, an Illinois amateur poker crackdown, Charles Nesson as the Timothy O’Leary of Poker.
  • Gratuitous pimping: Up for Poker and the PokerStars Blogger Championship.
  • Action junkies and Karridy’s online sit-n-go multitabling master plan — big screens and upside-down calculator words.
  • Tom goes to Spain in search of plaques and CardPlayer points.
  • Karridy hits the Stockyards in search of family values and professional online poker dreams.
  • The Fort Worth police vs. Beyond the Table.
  • Dan tries to take credit for bringing the Mob into Texas poker.
Posted by DanM at 6:23 am

October 8, 2007

A.D.D. + SNG = ROI?

I was noticing that I was playing VERY sloppy SnG’s lately. I had a nice MTT win and had pretty much pissed it all away before deciding to try to occupy myself with a few more tables, hoping it would keep me from trying to get too tricky, which seemed to be my major downfall. I think my test went very well in the short time I applied it. It started going better when Robert (Goldfarb) suggested that I use the “aim for third” strategy. I’m a little disappointed that during this period, I decided to play 6 tables at a time, as opposed to the 4 that I was playing before. It was a little tough to handle and I think Robert’s advice would have paid off even better otherwise.

My results so far…

Beyond The Table

Total Tables: 14
Total Fees: $176
Average Fee: $12.57
Won: $297
Profit: $121
Profit Per Table: $8.64
ROI: 68.75%

Granted, this is a small sampling size and pretty short “one round” sessions (For better or worse?)… I wanted to do some rough projections. If I were able to maintain this and played 50 SnG’s a day, I would net $432. Not a bad daily rate. If I stepped it up to $20 SnG’s, I believe my win rate would be the same or better, because the players will be a little better and at these stakes, that’s a good thing. So, keeping it the same and playing 50 a day, I would drag $864. $30 SnG’s makes it $1296.

This all sounds great, but I know my rate would suffer as the day went on. But then again, who’s to say that I have to play all of these in one chunk? I also know the competition would get a little steeper, but I’d be fine with even a 20 percent dip in ROI based on these factors.

Not very scientific, but interesting I think.

Posted by Karridy at 5:26 pm

October 1, 2007

2 + 2 = 7

A question I often get from Sang tight-passive amateurs looking to add a little oomph to their game is: “So is that a good hand to bluff with?” Well, gee, I dunno. It depends on so many other things …

While I know what those other things are and presumably you do, too, I haven’t been able to give any structured deductive reasoning on how to evaluate the specific situation. But now I can:

This comes from ScientificBlogging, a site that may or may not have ever heard of Bill Chen. (via Poker Shrink.) In case your math is rusty, here’s an explanation:

Simple enough, no? I do think, however, there is one variable that this equation doesn’t consider, and that is “time.” There are situations that indeed arise mathematically, but you have a limited amount of pause before the chips you push forward begin to lose value.

Posted by DanM at 1:31 am

September 17, 2007

The Blind Structure Solution

I’m tired of the complaining about blind structures, including my own whiny little self regarding WPT final table structures. Rather than continue to complain, I have decided to propose a new way of looking at tournament structures.

In order to solve the problem, we first have to define it. In my opinion, the problem is that up until now it has been impossible to please everyone regarding structure. I have been in a tournament talking about the structure of the tournament with the players at my table, and one says, “This tournament is too slow, I like a faster structure, so I don’t have to sit around all day.” Another player says, “I like the structure, it gives me a chance to play”, and believe it or not, a guy across the table says, “This is too fast, we are going to lose half the field after 4 levels.”

I have a couple of concerns about our existing structures. Even though the structures are printed before the tournament, players don’t know what they mean in terms of average stack size compared to the blinds at each level. Also, it’s hard to determine how fast players will be eliminated based upon just seeing the structure sheet. The tournament might have been planned for a slow structure and turn into a fast one based upon the timing of player eliminations.

I think it would be great to know that when you are in a tournament, the average stack size as compared to the blinds will most always be a constant. Therefore, before you enter a tournament, you would know that this tournament will adjust the blinds only after enough people have been eliminated in order to justify an increase in the blinds to keep the same ratio of average stack size to big blind.

More…

Posted by Tom Schneider at 11:52 am

September 16, 2007

POW: El Busto

donkey12.jpeg
There seems to be a rash of donkeys putting themselves in holes around the country.(Photo: AP)

NOT THACKERVILLE, Okla.–Crap. Did I say that already? You can’t be a good poker player if you let going bust upset you too much … always sucks … but man, does it really suck to go bust after sunrise. Hurts even more when the winner of your final hand turns his cards up in disgust after seeing the turn and the river and says, dejectedly, “you got it,” when in fact you don’t.

So my experiment has come to an end. Brought $1,000 to play with, and finished down $837. I’d like to say I got average cards and played them below-average. But considering my results of late, I think I might have to admit that I was playing them full-on average for me.

To be good at poker you’re supposed to see the action just in terms of chips, not dollars. But I sometimes wonder if that’s 100 percent true. Because it is real money you’re playing with, and perhaps keeping that in mind can help you make better decisions. Regardless, as part of my punishment for 15 hours of poker sloth, here’s a list of what else I could’ve done with $837 besides hanging out on an Oklahoma Indian Reservation with a bunch of mostly Asian guys not getting any sleep:

Numbers Game

OK, for some reason that last one makes me feel better about everything. Guess I won’t quit poker after all. Baby don’t need no shoes.

UPDATE: I forgot I had three one-dollar chips in my pocket. So really, I only finished down $834. Movin’ on up!

Posted by DanM at 9:54 am

POW: Never Fold

THACKERVILLE, Okla.–Damnit, where’s my head? I guess I went on tilt when I folded away a $700 pot. I had K-J (with a jack as the top card on a no-straight, no-flush board) and folded to an all-in from Mr. iPod Hoodie Happy Feet. He showed me Q-J.

Tight is wrong! That or I shoulda thought longer to keep him on the hand I put him on on the flop.

Two questionable all-ins later (one of which fell victim to a three outer) I find myself down about $500 and some change. Have already put a call in to Goldfarb to talk me through this mini-meltdown.

Posted by DanM at 1:09 am

September 15, 2007

Poker Orgy Weekend

I’ve got a plan in place — a test really — and am ready to embark. I’ve got a specified wad of cash, two packs of cigarettes and some breath mints in my pockets, a change of shirt in the bag, and am fixin’ to hit the tables. We’re going to see how much I can return home with by the time most of you are reading this Monday morning.

First stop: a $225 “deep stacks” tourney somewhere in “Mexico.” 7,500 starting chips and 30 minute levels. Should be fun.

If I bust out early I will probably play some cash in the nearest 1/2 game. If I last long enough that I need a little break before action resumes, I am headed to Oklahoma — to WinStar, to try a little 2/5 no-limit hold’em. Not sure what the weekend tournament scene is like there, but that’s part of what I’m looking to go find out.

Will try to update as I go along, but as always, that is often internet-dependent … so I make no promises there.

I’ve thought this all through clearly, thoroughly, and rationally. Worst case scenario I am home early this evening and kicking myself while doing real-world work to recoup my losses. Best case scenario I’ll come home significantly more phizzat having finished off the extra-pokery weekend with a late-Sunday night amateur victory at the Lodge … where I hear the (tournament) action is still good. It will be a test of discipline, focus, and fortitude. Wish me luck!

Posted by DanM at 3:50 pm

September 10, 2007

Proof that PartyPoker Is Rigged!

The video’s kinda old, but hey, it’s new to me … and we haven’t paid much attention to what’s going on over at the PartyPoker tables ever since they bid us farewell. So unbelievable … crazy hands and crazy beats are still happening! Check it out below … this hand took place on one of Party’s many European infomercials televised events:

Wow, it’s like an underpair beats an overpair almost 20 percent of the time or something! Nice hand.

OK, upon further research — was looking for the exact percentages — this is not the first time this hand has come up. Something similar shook down in 2002. That, of course, is the year that PartyPoker officially launched. Um, can we say scripted? Obviously.

(But clever touch adding in the pocket 5s and 7s … it almost threw me off track.)

Posted by DanM at 5:40 am

August 17, 2007

Backing into the (Oklahoma) Money

chuckp.jpgThe former Rev. Good Chuck in Fort Worth wants to play in the $1,000 Red River Roundup main event, being put on by the mighty-noble-legendary Winstar tribe of Thackerville, OK. We all know he’s a pretty good player in few-hundred dollar tournaments, so he’s looking to try his hand at something a little bigger.

But he also wants to do it with a little backing love. He has a potential investor, and he’s trying to figure out the best, most sensible deal for both parties. His initial thought is to allow the backer 30 percent for $500, or 50 percent for $800. As you know, we learned a lot about backing deals during the WSOP, specifically that the “you buy me in and get your money back + 50 percent” isn’t necessarily the standard. So anyone got any thoughts on this?

More…

Posted by DanM at 2:38 pm

August 10, 2007

Make that 4

robertg.JPGFour what, you ask? Since coming home from the WSOP I have had four of my worst live-action, cash poker sessions in a long time. All have been 40+ BB losses. Sure, I have had losses this big in the past…in fact I expect to have one every once in a while. You can play perfectly and they will happen. I never like them…and its not much fun having them come all within a 10-day stretch.

I came home from the WSOP with the plan of rebuilding the portion of my bankroll that was expended in tournament buy-ins over the past two months. I was counting on the super-juicy $40/$80 and $60/$120 limit hold ‘em and mixed games at CA (Casino Arizona) to do the trick. I’m not off to a good start. There is a $1,000 buy-in tournament at CA on August 18, limited to 450 players with a guaranteed $250,000 1st place prize. I am planning on winning, so that just might get me even for the series.

I have always kept perfect records of every session of casino poker I have ever played and whenever I have an especially brutal run, I have found comfort in being able to reflect on the bottom line. As long as I can boot up the spreadsheet and see black ink, I can remind myself that I am a winning player. Individual losses hurt, but it’s one long game.

Posted by Robert Goldfarb at 5:16 am

August 6, 2007

Instapoker, Return of

LAS VEGAS–Just like old times … I’ve got so many super-fascinating browser tabs open I can’t keep up with them all. So please, allow me to unload:

The major tournament action underway is the LEGENDS of POKER at the BIKE in CALIFORNIA. Perhaps we’ll swing by …

MIKE MATUSOW, with his second-place finish in the main event of the BELLAGIO CUP III, is no longer broke. Apparently his $670k payday left him with 50 grand all to himself. In the real world this means he now qualifies for a loan. In the poker world it means he no longer does, unless he goes broke again.

DANIEL NEGREANU’s got a pretty good skill column this week, talking about manipulating table image to better reap the rewards of shifting gears. Hmm, something to think about?

From the Dept. of: Awesome … PHIL HELLMUTH will appear on The Surreal Life. Might an ass-kicking be inevitable, as he moves into a house with RANDY “Macho Man” SAVAGE, MISS CLEO, NANCY MCKIBBEN (who?), DABNEY COLEMAN, and the uber-pumped CARROT TOP.

BILL RINI, whom I consider an expert in matters of online cheating, has up a video that I thought was informational warning about a new form of MARKED CARDS circulating. But upon closer look, turns out to be just an ad hawking the illicit poker gear (compliments of GOOGLE).

Interesting (biased?) article here on what Google supposedly does to keep online poker seekers away from the bad poker sites.

Speaking of cheating … has anyone heard word of who might have been the high-stakes players allegedly swindled in major cheating scam at the BORGATA? Famed cheating consultant STEVE FORTE, of course, was one of the guys busted, even though he uses the journalist’s beloved excuse of “I was just working on a story!” Suddenly scary: the notion of tapping into hole-card cams.

Suddenly needed: a big-time poker security accreditation system?

Check it out … DUGGLEBOGEY is back to his old tricks sticks:


Earlier this year he had changed the stylings of PARPO and FISH to appear a little more slick and angry:

Glad to see the return of some more friendly faces.

Here’s a great article on the rise and fall of an ONLINE PRO — how you can go from $10k to $1.5 million and back down again. It coincides with a semi-related story about KaiBuxxe / RealAndyBeal — a 22-year-old Austrian and former MAGIC player who is tearing up the world of POT-LIMIT OMAHA.

And BRIAN TOWNSEND (aka “sbrugby”) — an online superstar turning to live games — is in the midst of a $3 million downswing. This according to his own blog. [via PokerKingBlog]

Dude, tell me about it … I’ve been running similarly bad:

dan

POKER IS HARD!

Looks kinda like a PARTYGAMING stock chart, no?

SHANNON ELIZABETH was unable to play in the Victoria Poker Championships in AUSTRALIA … because she got carded at the door and didn’t have her ID. The male contingent of Pokerati has always wondered why ladies go anywhere without their license/passport/prescription.

Speaking of Australia, it may have slipped under your radar that the AUSSIES, along with CANADA and MACAU, have joined the WTO dispute against the UNITED STATES over the UIGEA. The beef started by ANTIGUA and BARBUDA seems to be growing some teeth, as others fighting against the chief enemy of AL QAEDA include COSTA RICA, INDIA, and … the EUROPEAN UNION. Think this fight isn’t about the future of international online economies as much as it is about poker?

A group called IMEGA continues to challenge the controversial internet law in court, and have their fingers crossed that a federal judge in New Jersey will issue a TEMPORARY RESTRAINING ORDER in September.

Speaking of lawsuits and court actions in September, attorney and PPA representative LEE ROUSSO has a hearing set for his suit, which challenges the Constitutionality of WASHINGTON STATE’s law that makes playing online poker a felony on par with CHILD MOLESTATION.

A CARIBBEAN BUSINESS CONGLOMERATE will be entertaining a bunch of AMERICAN CONGRESSPEOPLE in November to explain Antigua’s WTO stance, among other things. In attendance will be CHARLIE RANGEL (D-NY-Taxes) and BENNIE THOMPSON (D-MS-Homeland Security),

AMERICA ONLINE wants in on online poker. Or at least online SPORTS BETTING, as AOL has entered into an internet bookmaking contract with a GERMAN company, FLUXX, which will target punters in the UK.

A good article from the BRITISH PRESS here — describing the UIGEA as a “TROJAN HORSE” given to the European gambling industry.

Meanwhile, British online gaming company WILLIAM HILL says they are having a hard time keeping poker players, because the EUROS really want to take on the AMERICANS (at Bodog, for example).

Over in the PHILLIPINES, they have (finally) opened up a bar-and-grille with amateur Texas Hold’em tourneys (scroll down near the bottom).

The nightly non-wager Hold ‘Em tournaments at the Player’s Den hope to further sharpen the skills of the Pinoys in this ultimate mind game where we can eventually excel worldwide.

Mabuhay!!! Be proud to be a Filipino.

You may notice a lot of linkage today from this PokerKing guy. He has a lot of good stuff to read, including this article on why JERRY YANG is bad for ONLINE poker. Maybe maybe not, but I tend to agree with the wisdom of LOU KRIEGER, who recognizes that poker is a long-term game, and Yang couldn’t have come at a better time.

Here’s one of the more balanced takes on the JERRY YANG FOR PRESIDENT campaign.

Posted by DanM at 9:38 am

July 14, 2007

Chop Chop?

LAS VEGAS–It all started with a joke from senior floorman Jimmy Sommerfield. But now BJ Nemeth is doing the math and realizing that indeed, a chop might be sensible. He writes on PokerNews:

With 72 Players Left, a Chop Would Be Worth 9th-Place Money

With 72 players left, there is still $37,866,039 left in the prizepool. If everyone agreed to chop the rest of the money, each player would receive $525,917.

By comparison, ninth place is worth $525,934 — just $17 more. The numbers just get more compelling.

And …

An 81-Player Chop?

When there were 81 players left, Assistant Tournament Director Jimmy Sommerfeld announced that they had reached another level in the prizepool, and everyone was guaranteed at least $106,382 — finally breaking the six-figure barrier.

When everyone finished cheering the news, Sommerfeld added, “Unless you’d like to chop it 81 ways.”

Well, we’ve run the numbers here at PokerNews, and with $38,823,477 left in the prizepool, an 81-player chop would give everyone $479,302.19. Almost half a million dollars each for 81 people.

Before you laugh off this idea, keep in mind that 72 of these players will make less than that. To earn more, they’ll need to reach the final table.

If it were me, I’d seriously consider it.

Click here to see the actual payouts for yourself.

I for one, am not a fan of chopping, even though sometimes it makes mathematical sense — as BJ points out that it clearly currently does. I just want to play it out authentically — and see other people do the same. What I definitely don’t mind is redistributing the wealth. So perhaps a better alternative would be to leave $5 million for the winner, $3 million for 2nd, $2 million for 3rd, and $1 million for 4th-9th.

More…

Posted by DanM at 8:28 pm

Nice Friendly North Texas Poker Update

LAS VEGAS–Josh Evans appears to have lost a chunk of his stack … now sitting below average with 1 million chips, but not yet frighteningly so.

Follow the action here. And don’t fret if there’s a lack of updates on him … suggests little drama over at his table; that he’s just waiting for the right opportunities.

(Homer much?)

To really get a grasp of Josh’s situation, Change100 spells it out in a way that should make sense to all those serious semi-amateurs interested in seeing him do well.

The Cost Per Round

In Dan Harrington’s book “Harrington on Hold’em” he introduces readers to the concept of “M,” which is just a fancy way of referring to what it costs a player in blinds and antes to play one orbit in a tournament.

At the current blind level, 12,000-24,000 with a 3,000 ante, it costs players 63,000 just to play one round. With the current average stack of 1,428,700, the average chip stack’s “M” is 22.67 (meaning, they could fold every hand for 22 2/3 orbits before going broke). According to Harrington, an “M” of 5 is considered a short stack while an “M” of 30 or more is a very comfortable stack to play with.

Speaks well of the new WSOP blind structure, too, no?

UPDATE: [4:20 pm pdt] Josh is hanging on with 600,000 chips. With 83 players left, he’s three spots away from the six-figure payouts.

Posted by DanM at 5:00 pm

Young Punk Poker

UPDATE: Oops, Dario is out in 96th place — for $67,535. He’ll be back, of course. Hevad “Rain” Kahn (not to be confused with Jeff “Mr. Rain” Banghart) is still alive and well, slightly above the middle of the pack.

LAS VEGAS–Loyal readers have heard me yammer on and on for the better part of 2007 about how this is going to be the Year of the Europeans. So far I’ve been kinda right … while they haven’t dominated this WSOP, they have been a ubiquitous presence deep in just about every event. But the real “Year of” players this year have been the internet kids. Not internet people like Chris Moneymaker … but internet kids. Think about it. The poker boom exploded in 2003. And thus, in 2007, a lot of guys who got their start right around then have just turned 21 — making quite the impression on players at the tables and poker insiders off.

Throughout this World Series, friends and colleagues have been coming up to me saying things like, “You mean you don’t know who RamSquad64 is? Dude.” Or, “JohnnyVoltron, man, JohnnyVoltron!” OK, he sounds familiar. What has he done? But otherwise, sorry, I haven’t really been following the shenanigans on PocketFives. But it seems like soon we might have to. One of the most fascinating stories — Pokerati’s correspondent-on-loan Chris Hanel is all over this one — is a guy named Hevad “Rain” Kahn. This upstate New Yorker was supposedly banned from PokerStars because they thought he was a bot, playing up to 40 sit-n-gos at a time. Kahn then shot a YouTube video to show him playing 26 tables at a time and had his account re-opened. Wow, no? (For some reason I can’t find the vid on YouTube. If anyone else can, please post a link!)

But the kid everyone is really talking about is Dario Minieri (pictured).

More…

Posted by DanM at 4:22 pm

July 13, 2007

Bubble Burstage

LAS VEGAS–Michele keeps reminding me that real players loathe talking to the media (or just about anyone for that matter) immediately after busting out of a tournament. But I wasn’t going to let good taste get in the way of good journalism a sponsor’s dream … so I nabbed the 2007 bubble boy within minutes of his exit to discuss the crowning moment of his disheartening WSOP adventure.

John Sigan (seen here with his wife, Diana) from the Cleveland area qualified for the main event by winning a series of freerolls on Milbestlight.com. And then, lo and behold, when he went out in 622nd place — one short of a $20,000 payday — he qualified for the Milwaukee’s Best Light Bubble Playoff … where he will be competing against 10 other invitees (they added two to make room for Ted Forrest) for a seat in next year’s main event.

Hear the interview below, (along with a tactless, failed attempt to get a promo spot for Beyond the Table):

[display_podcast]

As a Pokerati commenter points out, it was none other than North Texas’s Vandy Krouch who delivered the decisive blow — making a calculated decision to kill one poker player for the sake of saving dozens (if not hundreds) of others.

More…

Posted by DanM at 1:59 pm

July 4, 2007

Party Time?

LAS VEGAS–Text to Tom (who has been a gracious sounding board this WSOP on matters of game selection, bankroll management, and getting to know that leavin’ feelin’) late last night:

5:11 am — I am good at poker, bad at drinky blackjack. In for 800, cashed out for 2800.

This came after attending Z-Fest 2007 – a 4th of July barbecue hosted by the Lederer family at Steve Zolotow’s house. It also happened to be the site of the “World Series of Karaoke,” which meant getting to see Joe Reitman dance and scream while exposing/shaking/rubbing his belly, and a shitfaced Mike Matusow parading around like a drunken 7-year-old boy with balloons. Good fun. You gotta love a party that celebrates America’s birthday with great Middle Eastern food and an open bar.

From there, I was supposed to meet up with some Dallas friends to chase a few skirts engage in frotteurism at Carnaval Court. But while waiting around I played a little tiny-stakes outdoor blackjack and somehow managed to lose $497 in less than an hour. Dammit! So I went to make it back playing poker across the street at Caesar’s …

More…

Posted by DanM at 7:15 pm

June 30, 2007

Final Table #3?

LAS VEGAS–It’s been a crazy up-and-down day for the Donkey Bomber in $1,000 7-Stud Hi Lo. He’s come back from almost nothing at least three times, and briefly assumed the chip lead. I was thinking at that point he should basically sit on his chips for a while. But what do I know about this game? He told his daughter at dinner break that this was when he really needed to put the pressure on.

With 13 players left — 8 make the final table — Tom is the shortest stack with 34,000. Scotty Nguyen is second in chips with 150k. Tony Ma is 10th with 70,000. Tommy Hang, a highly respected player in high-stakes mixed action, is to Tom’s right, while a goofy guy who appears to be a total 7-stud donkey is to his right … with a ton of chips and a plastic riding crop thingy that is amusing Scotty Nguyen — “High five [for spanking]!” Scotty said. Seven-stud Hi Lo bracelet winner Pat Poels explained to me on the rail that position probably matters less in this game than any other, save for maybe Chinese poker.

Click here to see if he can hang in there.

UPDATE: 11 players remaining. Tom has 42k in chips.

UPDATE: Down to 9 players. Scotty Nguyen says, “That’s right baby! Spanky Spanky!” as the 7-stud doofus (he’s jogging around the table right now muttering “wubbawubbawubba”) smacks his plastic spanker on the table.

Tourney officials are going to move a player every 20 minutes to keep the 5-and-4 disparity “even.” Tom is at 78,000 now.

UPDATE: Ming Ly is one of about two dozen people sweating the action on the rail. Scotty Nguyen is more than a little drinky, and ordering beers for the table. Tom obliged, and thanked him as he tried to tip the waiter. “No no! I already tip him. Ten dollars. When I say I take care of it I take care of it.”

“You’re trying to get me drunk,” Tom joked upon taking a big swig, “so you can take advantage of me.”

UPDATE: Tom and Scotty’s table now has five players, instead of four, and Tom and Scotty are the ones drinking. Hang, meanwhile has said no more. “I’m happy to have another Bud [Milwaukee's Best] Light,” says Tom, “But I’m having a bathroom issue.”

Now Tom’s being moved to the other table, at which point Scotty says, “See you tomorrow, baby.”

UPDATE: One hand passes at the new table and an argument breaks out — two amateurs bitching at Tony Ma for exposing his cards when two other people were still in the hand. “That’s bullshit!” screamed Saundra Taylor. “Total bullshit. You’re a professional you should know better!” Tom made random comments like, “Gamble-time!” and “Beam me up, Scotty!” Brilliant, Schneider. Good work.

Tom now has 235k in chips … the player to his left, Mark Smyrski just went out … and Tom makes his third final table, with plenty of chips to play. Nice work, Tom!

Posted by DanM at 5:17 am

June 17, 2007

My Day at the WSOP: So close to winning it all

LAS VEGAS–Technical difficulties aside … I played in a big tourney yesterday (big for me). It was the third $1,500 NLH event of the WSOP, which drew 2,315 entries. CC over at PokerWorks was cool enough to follow my action while the Fresh Princess couldn’t. I just wish I could have given him and our new-best friends at Milwaukee’s Best Light — who are running online freerolls for main event seats here – a little-more-better to write/read about.

In a nutshell, I just never got any traction. It was like riding a bull out of the gate — up and down and in control of my chips, but never firmly saddled. With my mind as clear as it could be after a morning pep talk with various yokels in web-server tech support … I got hit early when my two pair lost to a better two pair (my fault for playing A-8s) and then my “top top” lost to two pair played very passively, not giving much indication of what I was up against. But that’s OK, no panic — just shifting gears more often than I’d like. Would get down to the proverbial “chip and a chair” holding a single 500 chip in the second level. And then — call me an angle-shooter if you will — I pulled a tricky to stay alive:

Blinds were 50/100, and I had K-Js in middle position. UTG comes in for a raise to 300, and I decide this is the hand I gotta go with. I flip my chip into the pot (with a high arc) saying, “One chip!” Though I gave this overchip underraise about a 20 percent shot of working, the dealer took the bait.

“Sir, excuse me, but you did not say ‘raise.’ This is going to stand as a 300-dollar call.”

Oh, right. Sorry. Oops. I understand.

Everyone else folded, and it’s heads up as we see the flop. I couldn’t have missed more — not even runner-runner flush outs — and when the other player fires out, I fold, leaving me with two black chips change. In my mind I had doubled up, now with an M=0.667.

With this, I started to believe … just maybe possibly …it was my destiny to win. Yep, I’d be following in Tom’s bracelet-bound footsteps … doing Milwaukee’s Best Light, Put a Bad Beat on Cancer (decided to go with the official charity of the WSOP) and The Batfaces proud … all while providing inspiration for all of blog-kind! The belief continued to germinate as I climbed well out of the hole and started to get comfortable after winning a couple races.

While unable to post during the event, I was able to text-message some play-by-play to friends and colleagues. (And interestingly enough, Jack Effel announced specific rules at the start of the tourney relating to this ever-more-common practice for providing chip counts.) Here’s what my “top friends” got as Big Tourney Day progressed:

1:07 pm (pacific)
Hurt kinda early. Lost two pair to 2 pr twice.

1:08 pm
Down to 2 chips and a chair.

1:09 pm
Made it to level 2. M=5

1:33 pm
Literally down to chip and chair. But lasted longer than tom!
[Ed. Note: Tom Schneider and I had a $200 last longest bet, which he smartly hedged by saying we had to make it to Day 2 for either of us to collect.]

1:50 pm
Doubled up from 1 chip to 2. 500 to 200

2:12 pm
Oh boy. I went from 200 to 2250″ seated next to barry greenstein, whose advice i took last night.

2:21 pm
2250. Seated next to barry greenstein on 217. he said advice still good, but sometimes cards don’t cooperate.

2:26 pm
Turned my 200 into 2250. Did i already report this? I arguably shot an angle with an overchip underraise to stay alive.

2:29 pm
Walking back in room. I smell weed. Someone was clearly smoking on break.

3:04 pm
1900 left. Chips that is.

3:17 pm
Just got KOd. My 10-10 lost to AK on the river.

3:20 pm
If i win that hand i think i am good to win the tournament.

Posted by DanM at 6:03 pm

June 14, 2007

InstaWSOP

LAS VEGAS–As the WSOP rolls through Week 2 (of 7), we’re in the midst of some hi-technology upgrades here at Pokerati, like signing up for FLICKR. Sorry it has taken me away from giving you all the lowdown. I also blame Tom and Michele for doing well. Very distracting to pay attention to your friends/correspondents.

TOM SCHNEIDER, interestingly enough, is atop the leaderboard in the WSOP Player of the Year Standings. Dude, wow. Keep it up. He busted out early — almost by design — in the $1,500 Pot Limit event today. (So early that PokerNews didn’t even take notice.) He’s now getting started or the $3,000 World Championship of 7-stud Hi Lo.

Click here to follow.

Also, check out my coverage of the WSOP CASH GAMES over at PokerWorks. Fun!

And this is a must-must-click for fans of THE BLUFFSTER. It’s NOLAN DALLA’S new web show that starts off with a Masterpiece Theatre kinda thing in front of a fireplace, before he walks into banks seeking loans to play in poker tournaments. Interesting perspective on what JAMIE GOLD is trying to overcome.

Posted by DanM at 7:02 pm

June 12, 2007

Strategy Question: Would Two Bracelets Be Good to Have?

tomhorse1.JPGLAS VEGAS–They’re down to four players … and Tom Schneider is the short stack with 320k. (But he’s hardly in desperate straits.) Interestingly enough, we are thinking this HORSE event might be the oldest final table (on average) of any others at the WSOP. Not an internet whiz-kid in sight.

Remember, if you want to call Tom to leave him a message of encouragement, or ask him to borrow money, the number is 888-820-8091.

And to follow his action semi-live, keep refreshing here. By the way, BJ Nemeth is the correspondent PokerNews has assigned to this event, and he’s one of — if not the very — best. Below is what he can tell you about the quality of Tom’s competition.

UPDATE: Tom is out — 4th place, $54,913. Bummer, but awesome. Nice job, Tommy boy! One of his WSOP goals was to make three final tables. He’s well on his way to succeeding on that one. And with the payout, he’s made up for his new-bracelet losses to Jamie Gold at the Venetian! Wonder if Tom will see this event simply as a satellite the big-big HORSE tourney (event #39).

More…

Posted by DanM at 12:33 am