Posts Tagged ‘low-stakes Vegas grinders’

February 8, 2012

Working the Weekend Circuit

Breaking down a trio of daily tournaments in Las Vegas

In the midst of a so-far unprofitable weeklong stretch of daily tournaments around Las Vegas, I decided to try my luck+skill next at the Orleans (a grizzled locals favorite), the Golden Nugget (for a tourist-packed short-stack event), and the Venetian for a little Deep Stacks Extravaganza with hoodie-and-headphones set. Each tournament has its own appeal, and gave me quite a taste of the broad range of game selection across town.

Friday night’s 12,500-chip starting stack at The Orleans.

Ragin’ Cajun: Friday Nights at the Orleans

Those on the lower-stakes Vegas grind often rave about Friday night at The Orleans. Large field, good structure, big prize pool. A friend advised that I arrive early because the event fills up so quickly. I parked around back almost an hour before the 7pm start time, and after securing my $125 entry, sat at a bar near the food court with T.G.I. Fridays, Fuddruckers, Baskin Robbins, Sbarro, Subway — yeah, real Cajun cuisine.

On this night there would be 270 players, with first place paying about $8,000. The floor supervisor said re-entries were possible but improbable because of a long list of alternates. As we got underway, two locals spoke conspicuously about a mutual friend who was playing a $250k buy-in event in Australia (the Aussie Millions high-roller event, won by Phil Ivey).

Of The Orleans’s comparably tiny entry fee, $100 goes to the prize pool, $2 goes to tournament “players of the month,” $13 goes to the house and $10 goes to staff. The tournament can often last until mid morning, but my run in the event would be a quick one, as I never dragged a pot and busted 5 minutes before the first break.

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Posted by at 1:55 pm

January 14, 2012

Advanced Degree Donkey Weekend

Soft action alert? Networking FTW!

Here’s a “big” poker happening @CLVPoker catering to a different kinda dbag … the Caesars MBA Poker Championship.

It’s a closed tournament open only to current MBA students and accredited MBA alumni (please show your proof of registration or diploma at the window?) … but with a few hundred chicks and dudes hoping to power-suit their way to the personal 1-percenthood coming to town for multiple days — and tourney instructions that say: “this event has traditionally attracted players who are familiar with Texas Hold-em (so we suggest you read up on the rules before you arrive)” — it might be worth checking out.

Competing with the cash games for their Business School interests are a bunch of “networking seminars” — which are supposedly what draw the MBAers here on this special (to them) pokery weekend.

Check out the vid of what the Caesars Empire currently has populating one poker corner of the Las Vegas Strip:

Posted by at 6:21 am

November 11, 2011

Finding A Groove

Every “professional” poker player has some sort of a story as to how they found themselves with that job title. A lot of kids on the scene nowadays spent the majority of their free time in college grinding online and getting really good… so good that they didn’t see much point in getting a job working for somebody else, and naturally continued to grind after they left school. You hear about other people who had jobs they lost, and then turned to poker, a field that is always accepting new applicants without any need to update your resume or buy a tie for interviews. And there are those who had jobs, some good, but always unfulfilling compared to the allure of being your own boss and the thrill of using your wits to earn a cash payment every day on your own terms.

Life as a professional poker player has been a massive learning experience, of which the strategy and theory is only a small part of the process. You have to learn how to LIVE as a poker player …

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Posted by at 7:14 am

October 29, 2011

Margaritavillains

Life on the Low-Stakes Vegas Grind

margaritaville casino las vegasSometime during this year I decided I wanted to add more tournaments to my poker diet.  I’ve been a cash game grinder for my entire poker-playing career and don’t really have anything to speak of in regards to big tourney scores.  My “official” tourney resume is pretty weak.  That being said, I think every high-volume tournament pro wishes they crushed at cash games, and I think that every cash game grinder wants that feeling that only a tournament victory can bring: the combination of the big pay day combined with being the last man or woman standing at the end of the day (or day 2, 3, 4, what have you).  It very well could be my ego projecting my perceived thoughts onto the rest of the poker-playing community, but why would you not want to be well rounded in your profession and have multiple skill sets?

I’ve torched a lot of money being irresponsible … Vegas definitely has a way of seeping into any crack in your guard wall and blowing it wide open.

If you think that low stakes live poker games tend to be pretty soft, you should check out some of the tournament series that are running this month and next around Vegas.  You’ll see things that will make your head shake and leave you feeling good about the future of poker and its draw to the casual players.  However, these are tournaments we’re talking about, which means you’re a bit handcuffed in regards to how much manipulation of tourists you’ll be able to partake in compared to the cash games.  The structures for a lot of the events are pretty good, but variance is still a bitch.  I won’t go into detail about some of the ridiculous beats I’ve taken over the past week to send me on a walk of shame toward valet.  I’m gonna keep plugging away though with a healthy mix of the series, and cash games when there isn’t an event to my liking.

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Posted by at 1:24 pm

October 15, 2011

Winning then Losing

Tests of patience on the low-stakes Vegas grind

Hey, at least the Lions are winning.

We had high hopes coming into the 2011 football season but to see them run out to a beautiful 4-0 start is outstanding. And the Tigers are up too! As I write this they currently hold a 2-1 series advantage over the Yankees after stealing home field advantage in NYC. One more win and they advance to the next playoff round. Life is good these days for my hometown teams.

Little did I know that the hole would only grow bigger and deeper as the day went on, culminating with me somehow losing with KQ vs 55 after c-betting a K-6-4 flop. I booked a 4-figure loss and called it a day.

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Posted by at 5:27 am

October 10, 2011

New $100 HORSE Tourney @PalmsPokerRm

Tuesday nights, 7:30pm

The redevelopment of the the Palms Poker Room continues. While some of us can’t wait for the state-of-the-art-in-2003 room to step into 2005ish with the coming addition of an electronic Bravo check-in system … Joe, Bobby, Eldon and crew are pushing forward with their plans to bring non-$20,000 tournament action back to the Palms … starting with a Tuesday-night $100 HORSE tournament.

They say $100 HORSE at the Palms is the Colonial Yellow ’79 Cadillac of Poker.

 

It may not be PLO, but hey, I’m no one-trick pony. More like a half-trick pony, lol. But regardless, I’ve been meaning to sack up and get more live, low-stakes Razz under my belt. (I dominated the $1,500 event in the ’07 WSOP for Playstation — won a bracelet and everything!) The tournament is just a couple weeks old and supposedly has gotten a great response from the start: three tables of tournament action last week, followed by a $4/$8 HORSE cash game as players started busting.

Something similar expected tomorrow. RSVP on Facebook here … and/or just show up @ the Palms tomorrow at 7:30pm.

CORRECTION(S): I got a few factoids wrong. According to Michelle Lau’s FB invite …

Every Tuesday night 7:30, last week was our first tournament. Also Palms is gonna spread a HORSE CASH game at 5pm ($4/8) Come on down, lots of fun and very playable structure.

 

Posted by at 4:25 pm

October 8, 2011

Returning from Poker Hiatus

Going broke can have its benefits

I just got back from my first live poker session in I don’t know how long… almost two months I think. I took an extended hiatus from the game for a couple of reasons; a) my dad was in town for a while and we went sightseeing here in Vegas and in Los Angeles; and, more important, b) my finances just weren’t where they needed to be.

(The shorter version of that story is “I went broke.”)

I was making too many mistakes away from the felt and living a lifestyle that just wasn’t sustainable on my “salary”. I definitely wasn’t going super crazy or ballin’ out of control by any means. But similar to the way a small preflop error can compound on itself and become a large, costly session-killer, smaller mistakes away from the tables can quickly add up and drain a poker player’s bankroll. This shouldn’t be news to any poker player, but when you live in a city like Las Vegas and you like being social and experiencing what the city and life itself has to offer, you have to constantly check yourself.

I look down at 6s7s for my first live hand in two months. Forget that I’m in early position, I can’t help it… the suited connectedness was overpoweringly sexy.

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Posted by at 3:24 pm

June 28, 2011

A Quick Pounding in the Pokerati Game

I spent the first part of today chilling at my place for a few hours, getting in a light workout then writing a couple emails. Then I made my way to the VW dealership. I drive a 2010 Jetta that I’m a pretty big fan of and it was time for my free 10k mileage maintenance and car wash. Before this car, I drove the 2007 version. Two days before my lease was up on that car, it got totaled when a drunk driver blew a red light in West Hollywood where my girlfriend and I were for the weekend.  Neither of us were hurt, thankfully.  He took off after we smashed into him, but he couldn’t get very far with the condition his car was in. A good samaritan followed him and was able to let the police know where they could find him. I had my car towed to a VW dealership and was like, “My lease is up… here’s your car back!” Then I leased a brand new model that same day.

I picked up KK in the first orbit of NL in late position, raised and picked up the blinds …

While at the dealership today I read through 944 magazine a bit.  If you happen to live in a city that 944 covers, and you like going out, doing stuff and checking out new things in your city, I highly recommend picking up a copy. I also highly recommend they pay me for this advertising I’m giving them but that’s probably not going to happen. There are always so many things changing in the city of Las Vegas–new restaurants, DJ appearances/residencies, happy hours, special events–that it is nearly impossible to keep up.  It’s fun to try though, and it’s obviously tough to get bored here.

After VW, it was that time: 7pm on a Thursday, which means Pokerati 1/2 PLO/NLH at the Palms.  When I got there around 8 there was a full game up and running and Danielle was already on the waiting list.  It took about 15 minutes before we had enough people to start a second table.  Pretty impressive, I must say, but not entirely surprising.  The half-and-half nature of the game is just so much more interesting and entertaining in my opinion, that I think you’ll eventually see it spread elsewhere more regularly.  This coupled with the fact that the WSOP is in full swing means there’s no shortage of players around.

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Posted by at 6:20 am

April 20, 2011

Attempted Robbery at Stratosphere Poker Room

They have a poker room at the Stratosphere?

Minimal info at the moment … but around 12:30am today, according to Las Vegas Metro Police, a lone gunman walked into the Stratosphere and reportedly headed straight for the 8-table poker room, where he jumped a table, attempted to grab a bunch of chips, and then fled on foot. But apparently he ran into a casino employee on the way out and left empty handed.

Police tell local Channel 13 they have a “vague description” of the suspect and are looking for him now.

stratosphere poker room

Probably shouldn’t be laughing about violent crime FAILs, but LOL … just realized I wrote “walked into the Stratosphere” … so clearly the wannabe robber must be Criss Angel. OK, I jest … but what do you think the odds are that this amateur thief could be an online poker player who just lost his roll and is considering new career options? I’ll bet … either that or a neighborhood crackhead.

More tales of the Stratosphere poker room from a local low-stakes grinder here.

Posted by at 6:10 am

February 28, 2011

Gold Coast Closes Poker Room

Sends players to the Orleans

Maybe this is old news, but new to me … while scouting out the pre-2011 WSOP bowling-alley bar scene late Saturday night — things were bumpin’ — I popped by the Gold Coast poker room and saw this:

click to enlarge

The Gold Coast poker room is apparently no longer … The flat-screens were dark, and tables had been replaced by video-poker and slot machines. And according to the sign they intend to turn the previously post-boom-downsized poker room into a slots and video poker tournament area. Not that anyone misses one of the least raucous, nittiest $2/$4 limit games in town … and I don’t think you can say much about this being a trend of poker continuing to recede or anything like that, but it may say something about smaller rooms being unable to justify their existence when small-stakes players gravitate to the bigger rooms in town.

As the sign says, all Gold Coast player(s) are being shipped over to The Orleans, which seems to be re-emerging as the big-little off-Strip room that locals like for the sake of convenient parking if nothing else. (Their Friday-night tourney continues to set field-size records, consistently drawing 100+.)

Posted by at 2:26 pm

November 11, 2010

Where to find … ?

Low-stakes PLO in Las Vegas

Talk of PLO on Poker After Dark comes as I personally have been jonesin’ for mo-bigger low-stakes PLO … and based on emails, tweets, and Facebook, a stream of Vegas visitors and locals seem to be, too. Interest in PLO may be growing, but players in Las Vegas looking for starter stakes can’t always be sure where to find reliable action.

Word from the Strip is that a rather strong 1/2 PLO game has been running lately at the Venetian, apparently fueled by the November Deep Stacks. But one-bullet buyers beware, a $5 bring-in at the V makes the game kinda steep … especially for those with a strategy of pushing with weak two-pairs, calling with non-nut draws, and relying on run-it-twice to stick around long enough for a meal comp. (Don’t ask me how I know.)

And Aria Poker spreads a vibrant 1/2 NLH/PLO that occasionally makes. Their game plays most similarly to the Pokerati Game of old — and though it runs only sporadically, Aria often has the game posted on the board with a list of mostly 1/3 and 2/5 no-limit regulars ready to take a seat against any and all PLO tourists.

Posted by at 6:48 am

September 17, 2010

Pokerati Announces Slight Changes to Rules in NLH/PLO Game

Click to download. Image 1: Serzhenko, Image 2: Cheong, Image 3: Game logo. Hi-res images available on request.

FOR IMMEDIATE RELEASE

September 17, 2010

Pokerati Game Releases Minor Rules Update for Version 2.0 Upgrade
without Revealing Real Facts Behind Brief Hiatus, Rumors of Discord

A 1/2 no-limit hold’em/pot-limit Omaha (round of each) game that has become known as “the Pokerati game” is preparing for its return to the Las Vegas felts with minor tweaks to its rules. The game has been called “high stakes action for low-stakes players”, “real poker for advanced beginners”, “festive high-stakes action for ‘advanced’ low-stakes players”, and “good times!” on Facebook and Twitter.

Key components include alternating rounds of the world’s two most popular games, running-it-twice, limited buy-ins, and small pre-flop betting in unstraddled Omaha hands — none of which were offered for low-stakes at licensed Nevada casinos until packaged as such by Pokerati, the most awesome and influential award-winning independent poker media outlet in the world.

“We are confident these changes that we’re not really pointing out will vastly improve the game and make it even more attractive to pros, PLO beginners, and players with plans to play in the November Nine,” said a spokesman for Pokerati. “Or they will be completely inconsequential.”

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Posted by at 3:06 pm

August 9, 2010

Mid-Price Midsize Poker Glamor

The poker lifestyle isn’t all rock stars and glamor. For some, particularly the low-stakes Vegas grinder, it’s a matter of co-existing with douchebags fiscal practicality and living within your means:

Posted by at 2:17 pm

July 17, 2010

Final 18 Hometown Breakdown: The Year of Canada?

We’re starting to get a glimpse of what the 2010 November Nine will look like. And as of now, it looks to be rather Euro-heavy. Of the 18 remaining players, four of them are non-Americans. And those four happen to be atop the leaderboard — 1st, 2nd, and 4th in chips all from Canada, and 5th from Italy. The top 2 are Quebecois … which adds a whole new element of fun/possible separatism.

Amongst the Americans, we’ve got:

California – 5
Florida – 3
Washington State – 2
Minnesota – 1
Kansas – 1
Texas – 1
Wisconsin – 1

Nevada – 0

That last number is particularly interesting to me. Though haven’t added up the total cash won in the main event, Nevadans got so shut out of the big money it’s almost weird. Only one player — Robert Pisano from Las Vegas — made the starting 27 today, but is already out having finished 23rd.

UPDATE: 17 left, as Scott Clements from Mt. Vernon, WA just went out.

Posted by at 6:09 pm

June 30, 2010

Finding Value Outside the Rio

Alt-WSOP tourneys may be better bet for low-stakes players

Jon Katkin

The Poker Economy

OP-ED

Brand names serve an important purpose in our society. For consumers, they offer a simple shorthand that let’s you know about a product’s quality – or lack thereof – while at the same time providing a quick way to flaunt your status or hipness to the unwashed masses in our burgeoning consumer culture.

For businesses, brand names are just as important. Let your quality slip or make your product too ubiquitous and your value – both real and perceived – begins to slip. Make your product trendy or limit its availability and you’ll have customers clamoring at your door to get their hands on it.

With 57 events on the calendar, the WSOP is hardly as elitist as it was in the past, but that’s OK with the folks at Harrah’s because when it comes to poker, there is no substitute for a gold bracelet. Win an event and you join a still exclusive club that includes some of the greatest players in the world. Play your cards right, and the WSOP is a golden ticket to the top of the poker food chain. Bust out before the final table and you’ll still leave town with a great story for your friends.

For $1,500 you can play one WSOP tournament and take your chances against a single field of 3,000, or for the same money you can play five Venetian Deep Stack events against a combined field of about 2,400.

And that’s what makes the WSOP the brand when it comes to tournament poker. Win or lose, playing a WSOP event carries with it an inherent coolness that other poker players innately understand and respect. But if you’re a serious low-stakes player looking for a big summertime score in Vegas, there are actually much better options to consider outside the Rio.

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Posted by at 1:43 pm