Episode 5 has arrived.
March 31, 2009
High Stakes Poker Recap, S5Ep05
March 29, 2009
Charrenge Pwnd
The charrenge is over and I have won it. The $750 version, at least. I think my brain is too pwnd to try and go for 1k. I've played 26 hours of poker since Friday at 5, 11-tabling most of the way. That's 15,107 hands, and $760.70 in winnings. Above is the gross gross HEM graph.
BB: $29.95
Hero (UTG): $161.60
UTG+1: $50.00
UTG+2: $50.05
MP1: $49.25
MP2: $21.70
CO: $30.90
BTN: $19.25
Pre Flop: ($0.75) Hero is UTG with 9h 9s
Hero raises to $1.75, 6 folds, SB calls $1.50, BB calls $1.25
Flop: ($5.25) 7s 9d 6h (3 players)
SB checks, BB checks, Hero bets $4.50, SB raises to $12, BB folds, Hero raises to $41.25, SB calls $29.25
Turn: ($87.75) Qs (2 players)
SB bets $21.50 all in, Hero calls $21.50
River: ($130.75) 4d (2 players - 1 is all in)
Final Pot: $130.75
SB shows 5c 4h (a pair of Fours)
Hero shows 9h 9s (three of a kind, Nines)
Hero wins $127.75
Update
Soul-crushing day yesterday. Current status: 12735 hands, +410.90. Gonna need a heater today!
March 28, 2009
Challenge Update
Short post since my brain is mushy after 8 hours of poker playing, but here is where the challenge stands so far:
March 26, 2009
Prop Bet Charrenge
My gf decided to go home and visit her family for the wknd, so that reaves me open to pwn a monster sesh this weekend. So monstrous, that Brackchips and I have decided to prop bet it. Here are the details:
March 25, 2009
Pwnd by the River Varue Bet
Well, I had a masterful plan in this hand, which was working out great until the river. This is the only time I can recall slowplaying A-high for three streets of varue. It should go without saying that the villain in this hand was a complete moron:
March 22, 2009
High Stakes Poker Recap, S5Ep04
Not quite as many exciting hands in this episode (full vid here), but still a good amount of action to sort through. Daniel Negreanu rebought and laid low for the most part, Tom Dwan tried to get some value by slowplaying a few hands, while Ziigimund showed some aggression, although he didn't follow through enough on later streets.
March 20, 2009
Foul Trouble Substitutions in Basketball
It's that time of the year: March Madness is upon us, which brings me to occasional ruminations on strategy while I'm cheering for my Heels. It's a pretty common occurence in basketball games that some star player picks up two personal fouls within the first few minutes of the game, and then sits the rest of the first half so that he won't pick up a third.
MUY +EV!
We all effing hate the shortstackers who ruin the game for everyone else…they increase variance and cause all kinds of unnecessary gheyness. I love seeing tables where there are 5+ of them sitting the same table – they are too stuck on autopilot to realize that the table they are sitting at is horrendously –EV. Most of these shovemonkeys are TERRIBLE at poker and have difficulty spelling out “frop” let alone “turn”, or “river”. It’s a preflop shove fest for these clowns who are trying to grind out a a measly .09 bb/100 winrate. Needless to say, they could prolly be making more working at the local 7/11. These guys aren’t particularly skilled at anything, so for me to expect them to figure this out on their own is way beyond them. Here’s a recent spot that came up which got a nice loud ROR…
3/6 NLE
SB brackchips ($717)
B: gheyshortie ($129.60)
*** HOLE CARDS ***
Dealt to brackhips [Qh Qs]
5 folds
gheyshortie raises raises to $15
Brackchips raises to $66
BB folds
gheyshortie has 15 seconds left to act ßtanking
gheyshortie has requested TIME ßmore tanking along with pokerstoving equities
gheyshortie has pwnd his timebank down to 10 seconds
gheyshortie folds – ROR, ship the timebank stretch & the 15 buckaroos!
You really tanked and stretched your timebank that thin after a B raise? Seriously dude? Is it that hard to think about the REMOTE possibility of one of the blinds reshoving over your button open and how you will respond? Relax dude, we are obviously not going to the flop or anything – your decision shouldn’t be THAT hard. You have 20bbs, reship or fold…here, I’ve already eliminated the call decision from your repoirtoire.
C’mon gheyshortie - Stop eating boring tuna, stop having a boring life…
Translation – stop having boring prefrop shoving matches – learn postflop poker. Your win rate and bankroll will thank me later.
March 18, 2009
Thanks For Not Stacking Me, Bro! (Parts 12 and 13)
How do these donkeys ever hope to make money if they don't stack players when they cooler them? I have no idea...but I saved about 150 bbs or so in these two hands due to their slowplaying, value-minimizing ways:
March 16, 2009
High Stakes Poker Recap, S5Ep3
Since my last recap seemed to generate some interest, I figured I'd keep going until somebody tells me "Stop!" The show this week didn't feature anything quite as spectacular as durrrr's performance in episode 2, but there were still some interesting hands.
But first, as a completely irrelevant aside, can I say that I'm confused by all the concern about money given to AIG being paid to other banks? The whole reason to bail out AIG was concern of "contaigon", i.e., they can't pay off obligations, which bankrupts other important players in the financial system. Now that they are indeed using the money to pay off their obligations to other important players in the financial system that's....shocking? bad? I don't get it. If you want to get mad about the money going out the door in the form of bonuses, fine. But some of the money had Goldman's name on it the minute the government started writing checks.
OK, moving on...I was hoping Negreanu might step up his game a little bit as the session went along. Ehh...I think we can so far say:
[ ] Negreanu pwns HSP
I mean...when you're first doing leakfinding with a friend who's new to NLHE, what's like the first thing you explain to them to improve profitability? Probably something like...stop open limp-calling marginal hands? Stop check/calling the flop with marginal hands? Especially vs. good players? Who is Daniel trying to pwn post-frop by open limping As8s? Anyway, that's what he decides to do, and Barry raises him from the button with JTo. Of course the flop comes Q98 with two diamonds and one spade, giving Barry the nut straight.
Daniel check/calls a heftily sized c-bet. I think he would probably be folding this if it weren't for the one spade on board. If he were in position, so that he'd have much more freedom to operate on the turn and river, it's a more defensible call. But here, even if Barry does have AK/AJ or an underpair so that Daniel is ahead...how often is Daniel going to get to showdown? If Daniel does nail the turn with an 8 or an A, how often does he have the best hand when a bunch of money goes in?
Well, we're about to find out because an offsuit A peels off on the turn. This gives Daniel aces up and pretty much guarantees that he's going to lose a bunch of money in the hand. His check/call on the turn is pretty standard. He might consider raising to protect his hands against diamonds, but given their stack sizes, he can't really raise enough to protect his hands without committing himself vs. all the hands that pwn him, like AQ, QQ, 99, JT, etc...and I don't think Barry is going to go nutso and lose a whole bunch of money with AK on that board.
The river comes an offsuit K, a bad card for Daniel. He now loses to AK and KK, which he was beating before. He makes kind of a crying call of a very hefty river value bet from Barry. Maybe he thinks Barry would value bet KQ that strong, hoping that Daniel had an A-high flush draw that ended up with just a pair of aces? Or Barry could turn QJ into a bluff on the river? Daniel played the hand so passively that he does induce some 3-barrel bluffs from Barry on a gross board like this, but in this hand he got pwnd pretty hard. And those are just the kind of tough situations you get yourself into when you limp/call and then check/call twice.
The other big hand of the night also involved Negreanu. He opened with a 2.8x raise holding JJ, and got called by Eastgate holding 33 on the button, Benyamine holding 44 in the SB, and Eli Elezra with 32ss from the BB. The flop comes 742 with two diamonds. Looks safe enough for JJ, so Daniel fires out 8k when checked to. Eastgate floats him with 33, and Benyamine raises to 41k with his set, prompting an instafold from Elezra.
I think Eastgate's call really pwns Daniel here. He's thinking that Benyamine is reading Eastgate's hand well, and hoping that Daniel is c-betting with air as he normally would, and hoping to take it down (as he did with 9h6h on a dry paired board earlier in the show...he got called by Doyle slowplaying KK and Elezra raised and lost a bunch of money bluffing with A-high). Benyamine is definitely capable of making such a play with even a marginal draw such as 86 or A3. Certainly he would be doing it with big diamond draws and straight flush draws quite often. It's also unlikely that Benyamine would flat call a smallish raise preflop with AA-QQ this deep, with Eastgate having called already and Elezra virtually guaranteed to call in the BB. So the only hands Daniel needs to worry about are sets and maybe 24s or 74s. He decides to call, making the pot just over 100k going to the turn.
The turn is an offsuit 4, a very bad card for Daniel. None of the hands Daniel beat on the frop are helped by that card, unless Benyamine were making a move with 45 or A4. Moreover, it reduces the number of 44 combinations DB could have from 3 to 1, and the number of 42s combinations from 3 to 2. That makes 11 combos total that now make a full house or better. Not very many compared to the flush and straight draw combos. If Daniel liked his hand on the frop, he can only like it more on the turn.
Benyamine leads on the turn with quads with a small bet of $35k. He probably thinks Daniel has either an overpair or a flush draw, and wants to extract value from both. The pairing of the board means that Daniel would be more reluctant to try and see the river with a draw. Benyamine also might think he can represent a draw that doesn't want to put the rest of the money in because the board pairs, and therefore get Daniel to shove some weak draws, or overpairs that wouldn't want any draws to see the river given how big the pot has now gotten.
At first I thought a bigger bet would work better since Daniel won't call a small bet with draws anyway, and a big bet is probably how Benyamine would play a draw himself (and therefore be more likely to action from Daniel with an overpair). But actually I think that the small bet works well because it would give Daniel the idea that he could shove and get a fold if he himself had a draw. With about $156k left in Daniel's stack, if DB bets $80k or more, Daniel will realize that he has no fold equity. But if DB bets $35k and Daniel is sitting on Ad8d or 8d6d, he might think, "paired board, I have reverse implied odds, so I can't really call this bet. But since the board is paired and I can force DB to call off another $121k with a shove, I can shove my draw and win the pot that way unless DB has a boat. Since there are only 11 possible boat-or-better combos and many plausible draws, I should ship it in."
Benyamine should realize that his own range is polarized to draws/complete air and boats (or maybe I'm way off and he would play A7 like this, but I kinda doubt it). I don't know his game well enough to know how he would play an A-high diamond draw in this situation. If he does something other than bet $35k, he sets himself up to be exploited a bit, but Daniel might have been tilted enough at this point to not realize that the small bet was designed to induce action and that Benyamine wouldn't have a draw in that spot.
In the end, Daniel looks pretty bad stuffing in 200bbs drawing stone cold dead with an overpair. But I think this hand is a little more excusable than the As8s hand, because the range Benyamine is betting for value is so narrow, and Eastgate's flop call put Benyamine in a perfect bluffing spot.
In other tidbits from the show, it looks like Doyle is determined to slowplay all his monsters and make big bets with his bluffs and semi-bluffs. This is pretty much the same pattern he showed at the Poker After Dark cash game. The other players are definitely starting to notice, so he probably needs to change gears soon. This does make David Benefield's fold of trip sixes on PAD look a lot better, if you thought it was a bad play the first time you saw it.
From the clips at the end of the show, it looked like durrrr and Barry will play another big pot next episode...can't wait to see that one!
-BRUECHIPS
March 15, 2009
The all important forgotten street of NLHE...the turn
March 13, 2009
Trying to Exploit a Small Mistake Can be a Mistake
I made a comment in a recent post in comparing exploitative play and equilibrium play that sometimes being slightly wrong about an opponent's strategy that you're trying to exploit will lead to loss in profitability, and open you up to counter-exploitation, particularly when your best response function is discontinous. I thought I'd expand on that a little bit with an example.
March 10, 2009
High Stakes Poker Season 5 Recap, Episodes 1-2
Well, we're only two episodes into season 5 of High Stakes Poker on GSN, and so far it's been the Tom Dwan Show. The guy is unreal. How is it that everybody turns into a donkey when they're playing against durrrr? Peter Eastgate puts in zero raises when his trips outkick Dwan's. David Benyamine gets one street of value when his JT flops top two against Dwan's KJ. Ziigimund loses of nearly 100 bbs with A3o on a AcJcTd7c5s board. Eli Elezra cold calls 3 bets out of position with AJo, then check-calls a decent sized turn bet with A-high no pair no draw. If God crapped out a poker player, it would be Tom Dwan.
The most breathtaking hand of the second episode came at the end. Barry Greenstein opens from UTG with pocket aces and gets approximately 87 callers, including durrrr (I think UTG+1) with QcTc and Peter Eastgate in the SB with 24o. The flop comes Td2c2s, giving Greenstein an overpair, Eastgate trip deuces, and durrrr top pair third kicker.
The pot has about $21k in it, and the blinds check to Greenstein, who bets $10k. With the stacks this deep (not sure about Barry, but apparently Eastgate has $500k on the table and Dwan probably has him covered), durrrr can really put a lot of pressure on Barry, since durrrr could have TT or a deuce, and Barry can only have TT. Since durrrr has a T in his hand, he knows it's even more unlikely Barry would have top boat. And he's pretty sure that with anything less than that, Barry will not want to put in $500k. I think he likes the T in his hand not for its value, although I guess it does give him a two-outter, but because it reduces the TT combos Barry could have from 3 to 1.
Of course it's possible that someone else has a deuce but durrrr is willing to take that risk in order to start building a pot now and get heads up with Barry for later streets. So he raises to $37k, I'm sure hoping it folds back to Barry. I almost think durrrr is hoping Barry calls so he can win an even juicier pot when he shoves his stack in on the river and Barry folds, but he wouldn't mind a fold either. What he didn't want was a call or raise from some other player. Unless that player was Peter Eastgate calling from the SB. It was pretty apparent from Eastgate's relative tightness preflop, his flat call on the river with nut trips and his fold to Daniel Negreanu's river raise (turned out to be a good fold) earlier in the session that Eastgate was somewhat scared money. Also durrrr has position on Eastgate, whereas he wouldn't if he had gotten a call from Ziigimund or Negreanu. So when it folds to Eastgate, he calls, and Barry calls, durrrr knows exactly what they both have. Eastgate is not calling there with a better T or even JJ. And if he had a better deuce, he'd probably re-raise. Why Barry calls I have no idea. It's pretty obvious at least Eastgate has him pwnd, if durrrr doesn't. And even if he has the best hand, what's his plan for later streets? He's hoping that something OTHER than durrrr putting in $100k on the turn will happen? Uhhhh....Barry, lemme introduce you to this guy Tom Dwan. Who knows that your UTG raise and bet/call on a T22r board means overpair and overpair only. Pay attention, because he is about to rape you.
After they all call, the turn is a 7d. Eastgate and Greenstein both check. Dwan bets $104k into the $133k pot. Both players probably realize that $300-400k more is coming on the river. Dwan scares out the scared money as Eastgate pitches the best hand. Barry folds the second best hand since he realizes durrrr knows what he has and he has no idea what durrrr has. Dwan mucks the third best hand and rakes the monsterpotten.
While durrrr has dominated, I've been pretty unimpressed with Daniel Negreanu's cash game. With the disclaimer that he has way more experience and success playing poker than I ever will...wtf is he doing limp/calling Q4s and J2s??? I know it's a deep cash game...but it's not like he's playing a bunch of donkeys he can just pwn post-flop every hand. He's got Tom Dwan somewhere to his left, who will absolutely murder him if he keeps up the limping donkery. Even when he did open limp/call the button with Jh2h (apparently he's been taking lessons from every NL50 donk out there) and got the miracle flop of K22 vs. AK, he won basically the minimum by slowplaying. He seemed to have gotten the picture a little bit by the end of the second episode. It'll be interesting to see how he adapts.
Ziigimund has gotten pwnd so far, but I don't think he has played terribly. He raised durrrr's c-bet on a Q32r board with 63o...not a bad play necessarily, but he happened to run into bottom set. His calldown with 99 on a AsJc6c4hJs board looks pretty bad, but he was probably thinking that Eastgate wouldn't be good enough to value bet a J on the turn or an A on the river, which leaves a full house (and even then he probably raises AJ or 66 on this flop) and missed flush draws, which means Ziig can call with 99 there. I think a better play (easy for me to say, seeing the hands) would be to check-raise the turn. I think Eastgate would bet/fold a weaker ace there like AT, maybe his flush draws, and it looks like his jacks. I doubt he'd call a raise to 70 or so with his JTs. Since they are plenty deep, he might call with his flush draws, but I don't think he'd re-raise them. Ziig can easily represent all the sets on board himself. He also lost a bunch of money when he 3-b durrrr's KQs with A3o. Durrrr flopped Broadway and incredibly checked three times, and then raised the river, even with three clubs on board. How can he know that Ziig checked top pair on the flop and turn and will call down on the river?? While it seems like Ziig should be tempted to call here, since durrrr could be bluffing just based on the fact that Ziig checked the flop and turn, I think Ziig's checks represent more of a hand than a bet would. On a board like that, he could easily have AQ or AK and be checking for pot control, whereas if he had pocket fours he's probably going to take a stab on the flop since he can rep some monsters.
Anyway, this post has gotten plenty long already so I'll wrap it up...but I'm definitely looking forward to seeing the rest of the episodes this season.
-BRUECHIPS
March 9, 2009
Would you ever make a -EV play in equilibrium?
There are essentially two (not necessarily mutually exclusive) ways of thinking about poker. One is to try and play exploitively, attempting to maximize your earnings by best-responding to your opponent's play (for a review of concepts and vocab, see here). The other is to try and play a Nash equilibrium strategy, which means that you cannot be exploited, so that if your opponent is playing any non-Nash equilibrium strategy, you make money.
The first method by definition is more +EV than the second, given that your opponents are making some mistakes. However it requires accurate knowledge of your opponent's strategies, and small errors in your beliefs about their strategy can lead to you being exploited in turn. Sometimes this can lead to large mistakes on your part. The beauty of the second strategy is that it requires zero knowledge about your opponent. No matter how he chooses to play, he cannot beat you. Unless he plays perfectly himself, he will lose over time.
This leads me to a couple of recent posts by gnome. The question is, "is it ever a good idea to make a -EV play?" If you're trying to play exploitively, the answer is potentially yes. For instance, raising small pocket pairs in early position maybe lose money, but opponents in late position may over-react to your high raise % in early position by giving you a lot of action when you have a monster hand.
If you're trying to play an equilibrium strategy, however, the answer is no. Recall that equilibrium means that neither player can improve his payout by changing his strategy, keeping his opponent's strategy fixed. In order for your -EV in a given hand to good, you have to be able to induce some more +EV spot in the future. Since poker is a zero-sum game, a more +EV spot for you means a more -EV spot for your opponent. But this could not be an equilibrium, because your opponent could deviate to the less -EV play*. The basic intuition is, your -EV play being +EV in the metagame requires that your small mistake in the current hand induces a big mistake from your opponent later. But in equilibrium there are no "mistakes", so this is impossible.
-BRUECHIPS
*Really arcane side note for those that know something about repeated game theory or are interested in learning more: I think it might be possible that you could get an equilibrium with -EV plays in given hands if the two players had different discount factors. Basically, you could keep trading your current small mistakes for his big mistakes in the future because you care about future payoffs a lot more than he does. If this were the case, the repeated game would no longer be zero-sum. In poker, this doesn't seem to apply since usually you're hoping to incur a big mistake within the same session or at least at a different session in the near future, so discount rates shouldn't be high for either player.
March 8, 2009
Sick Fakies
Brackchips and I met up with a bunch of other dudes for a few spring training ball games around Tampa Bay this weekend. Let me tell you, this weekend was epic. We learned several things, including:
March 6, 2009
Disecting a monster - street by street, Deep Stacked Play Part 6
The Official DeucesCracked.com Hand History Converter
BB: $686.00
UTG: $1206.25
UTG+1: $526.50
MP1: $1111.20
MP2: $600.00
Hero (CO): $1729.20
BTN: $2417.05
SB: $600.00
Pre Flop: ($9.00) Hero is CO with 8 8
UTG calls $6, 3 folds, Hero raises to $24, BTN calls $24, 2 folds, UTG calls $18
(Folks - we have a donk alert...UTG limper. Let's stuff some money in the pot while we are in position and make a standard raise with snowmen. B calls...as does UTG. My read at the time was that UTG is a donk and the B is a pretty tight reg. My image at the table is definitely on the looser side as usual - althought I haven't been showing down much.
Flop: ($81.00) 8 A 6 (3 players)
UTG checks, Hero bets $60, BTN calls $60, UTG folds
Make a standard C bet here, with this board texture (board is nice and dry, unlike tiffany's mom's vagina on two for tuesdays!) given with 3 way action - I'm making a cbet somewhere in the hood of 90% of the time. Once UTG folds out and I am left out of position vs the button...I know that I have the NUTS and that the villain is VERY likely to have a Ax type hand. He would have 3b AA this deep for sure. 79, 57 are the only draw combinations - and despite being deep, I don't think the villain would call with these types of hands.
Hero requests TIME, Hero bets $168, BTN calls $168
River: ($537.00) K (2 players)
Hero requests TIME, Hero bets $477, BTN requests TIME, BTN calls $477
Clearly another big bet is in order, I still have the effective nuts...BTN tanks it HARD and finally calls it off with top 2.
BTN mucks K A
Hero wins $1488.00
March 4, 2009
Kicking off a New Series: Yer Gonna Rove My Nuts! (Part 1)
We've decided to start a new series which will feature hands where we get villains to spaz out and bet big into the nuts. In honor of Vince the Srap Chop/ShamWow guy, how could it be called anything but, "Yer gonna rove my nuts!"?? To kick things off, here are a couple of hands vs. PL50 donks: