Thursday, January 5, 2012
An Interview With Max "Chisness" Chiswick, Prospective Isle of Man Representative
Monday, June 20, 2011
Keeping a Poker Journal
Sunday, May 22, 2011
Apocalypse Nope
Wednesday, April 20, 2011
Pondering the Aftermath
However, at this point, the DoJ is saying "hey, we don't want your money, we'll make sure FT gives it back" while FT says "Hey, we want to give you your money, but the DoJ has it and won't give it up.
It's probably a waiting game at this point.
Friday April 15 is certain to become a legendary date in online poker history, as the United States Department of Justice issued a scathing indictment against three major poker sites: Pokerstars, Full Tilt Poker, and Absolute/Ultimate Bet.
Tuesday, April 5, 2011
Building True Loyalty in Online Poker
Of course, when we are referring to loyalty programs, this generally only applies to players of the high volume nature. While liquidity from recreational players is ranked the highest in terms of value, we still can't overlook the role played by high volume regulars whose play is necessary to run the engine that grinds recreational money down into rake for the site.
I received my Full Tilt Black Card in November. I was fully expecting it to be just another piece of laminated card board, but was pleasantly surprised to find out that it was a credit card shaped piece of painted steel with my name inscribed on it. I know it's kind of cheesy, but I couldn't help but feel a little bit of pride while feeling it's weight in my hand. Kind of like a trophy, I always thought.
On the surface, this can also be said of many of the items with Full Tilt's logo that can be found littered throughout their store, but herein lies the problem: once you have items that can be exchanged for points in lieu of cash based rewards that can be purchased with the same points, you have forever tainted the symbolic value of those items. Let me explain:
Rakeback Nation has a great rewards system that offers items that can be exchanged for points built up by generating rake. Unlike items bought at an online poker store for points, getting these items does not deduct from your rakeback in any way. Similarly, there are no optional bonuses or gift cards that you have to pass up. What does this mean? This means that I can thoroughly enjoy the Kindle that I "achieved" without having to feel like I paid for it.
While Full Tilt can counter that they offer a special avatar or watch for those who finish first in their FTOPS or Mini-FTOPS events respectively, since everyone understands that only one winner gets to enjoy these symbolic items and that there is a certain amount of luck needed to achieve them, they are not an appropriate way to incentivize play. In the same vein, having your handle being listed on any kind of anonymous monthly leaderboard only to have it swept away the following month doesn't feel like your accomplishments are exactly being appreciated, either. And just how are they recognizing such achievements? By offering cash and buy in tokens, of course! Once again, Bill Rini is right: all the sites are doing this and again reducing their product into a commodity business. While this might be good for future advertisements of one's coaching services, it doesn't exactly appeal to someone's emotions and sense of loyalty.
Here is my proposition: the sites should begin mailing out actual trophies and plaques that recognize personal, stakewide, and sitewide milestones that are achievable to anyone who grinds hard enough. Furthermore, they should offer a permanent place on the site for a "Hall of Fame" for various achievements where a player can choose to be awarded with a photo and their real name. Here are some suggestions:
Stakewide and Sitewide (based on minimum number of hands played):
- Most hands played
- Most money earned
- Highest winrate
- Most first place finishes
- Most knockouts
- Most cashes
- Most final tables
Personal:
- $10k in career winnings
- $100k in career winnings, etc.
- $10M in total wagers, etc. (doesn't mean much, but makes you look a total baller)
- 100k hands played in a month, etc.
- Best poker blog ;)
It is no secret in business that people have bigger needs than just wanting more money- they want full appreciation for the work that they do. Most of the work done by poker players is never recognized in any formal way- even for those at the top of their craft. What player do you know that wouldn't want a special trophy room dedicated to honoring his achievements in a way that his friends and family can understand? And how do you think they would feel towards the site that finally acknowledged such performances in a tangible way?
Let me know what you think!
Thursday, March 24, 2011
Introduction of a Poker Player, Part 2
Check your gut response (of course I’m not!) at the door and ponder it. How much do you make? How much time does it take you to get it? How do you feel when you’re done?
Keep in mind that in poker, the only reason anyone makes any money at all (and they do) is because there are hordes of people who don’t realize they are losing. If they did, they’d quit.

Poker players are notorious for not being able to assess their own skill level. Well, finally in December 2010, after pushing myself to the absolute limit for three months, I was ready to really look at my poker game in the mirror, and I did not like what I saw. I was, without a doubt, a losing player. I had plenty of justifications for it (some legitimate, some... less so), but there it was. At the end of the day, it was costing me money to play poker.
A poker friend of mine told me about someone he knew, a guy named Lorin. He claimed that Lorin’s shortstack class was not only useful, it was a hell of a bargain. My first thought? Fuck that.
I’d already spent hundreds of dollars on poker related stuff. Hold’em Manager, Table Ninja, Leak Buster, coaching time, the list goes on. (Sometime, I’ll do a product review of all the crap I bought.) Any winnings I may have made were long gone to these “investments.” I was thoroughly convinced there were more people making money selling stuff to poker players, than their were poker players making money.
No matter which way I sliced it, I needed help. My “win”rate sucked, and I wasn’t really improving, despite all my study. So I made a deal with myself. I’d take a chunk of my quickly dwindling bankroll and spend it on Lorin’s training. Then, I’d dedicate the rest of my roll into learning his system. If I start winning, great. If I go broke, fine. I quit.
My first impression of Lorin was that he was a professional. A good thing, too. If I’m paying for a service, I'm looking for someone who takes the job seriously. A good poker player isn't necessarily a good coach.
With Lorin, it was clear he knew what he was doing. He had a clear system, a simple presentation method, and a no-nonsense attitude.

His repeated request was simple: If you want to make money from my system, just do everything I tell you to do. Fair enough. I figured, I paid him the money, no sense only going half way.
So off I went. I stopped playing at Pokerstars. I stopped mass-tabling. I started shoving more and calling less. I stopped playing at fishless tables. As each new video came out, I watched it like a religion and committed it to memory.

At first, it wasn’t easy. I immediately hit a severe downswing where my EV line made modest gains, but my actual profit line dropped like a stone. But something was happening. My EV line was heading somewhere I’m quite sure it was very confused and disoriented to be: up.
Thanks man. I owe you one.
Tuesday, March 22, 2011
Introduction of a Poker Player, Part 1
When it comes down to it though, there's an underpinning of consistency, logic, and hard, hard work that - for all the highs and lows - lets me make a living doing something I love: playing poker.
(Trust me, if you want to win, you better really love poker, because there are plenty of days when poker does not love you back.)


Monday, March 21, 2011
Rethinking Lines for Creative Short Stack Heads Up Play
In the ever elusive quest for original material, I have been away for awhile plotting my next move. While shooting a video for my Short Stack Revolution strategy video series, I discovered some very interesting lines that can be used to combat aggressive heads up min-raisers. The short stack tourist reader might find the idea of creative short stack play to be shocking, but the advanced player should immediately recognize the need for taking tricky lines against such opponents because they know that even frequent 3-betting or playing fit-or-fold after the flop is the perfect recipe for getting robbed blind with minimal villain effort.
The first hand isn't truly interesting when viewed outside the realm of traditional short stack strategy. When dealt A9s heads up and facing a min-raise, the knee jerk reaction is to shove, but that will just allow him to get away unscathed far too often for my taste. The caveat here is that this particular villain is open-raising 90%. However, once I make this call, I am probably never folding but I will have to let the flop texture and his betting line determine my overall strategy. In this case, the flop makes it very easy to see how to proceed.
To the naked eye, it should appear obvious that this flop is hitting few players' ranges, but just to be clear, let's see what Flopzilla, another great program by the maker of Cardrunners EV, has to say:
After accounting for card removal, we can see that villain's range has only connected 16.3% of the time. Even more telling is precisely how villain's range has hit. The fact that he has bet on all streets on this board texture means that his range has become more polarized with every single bet. Essentially, there are only 6 real categories of hands that can conceivably bet both the flop and turn:
1. Flushdraws
2. PP below TP
3. Overpairs
4. 3 of a kind
5. Full houses
6. Quads
Given the tendencies to check full houses and quads, we can discount those from the range, leaving probable villain hits now at 14.24%. Of course, since we can estimate that he will be checking a Q as well some lower PP's and overpairs on either the flop or the turn, we know that this actual range of hits is considerably less in reality. Given the overall board texture and the bet sizing, a call down is clearly in order. Taking this line has more benefits than just winning the pot. It also lets your opponents know that you are patient and fearless. Though by habit he will most likely continue to open 90%, he will be forced to give up much more frequently after the flop, which in turn will allow us to call even lighter pre-flop and swipe away more hands with pure bluffs.
You don't need to be the Rain Man to figure this out in real time, but it certainly helps if you take a little time out of your day when you aren't playing to learn exactly how to handle some various situations.
If the first hand was largely unconvincing, this next hand is sure to raise some eyebrows. Once again, villain is opening approximately 90%.
Though this hand is more difficult to solve with Flopzilla, I can say this with some certainty: his line looks stronger than the previous villain's. By checking the flop and betting both the turn and the river, he is representing a hand that was either very strong on the flop or one that somehow improved on the turn but yet was willing to check call the flop, and to a far lesser degree, 2nd pair or QQ that was going for pot committing thin value on the river. So which categories of hands were most appropriate for this play and how often are they hitting the flop?
1. Top pair: 11.9%
2. Overpair: 0.63%
3. Two Pair: 2.83%
4. Set: 0.94%
Just as important as his tendencies to miss the flop entirely are the relevancy of the turn and river cards. Even when opening 90%, there is still no guarantee that 82, 83, and 32 are in his range. So this leaves us with a much higher probability of bluffs than strong hands.
The fate of this hand was decided ahead of time. As soon as I flopped a straight draw, I decided that I was never folding, simply because I was aware that this flop is rarely hitting my opponent strongly and I can combine that fact with my overall equity. The question then becomes how to maximize my overall expectation given possible outcomes.
Notice that in no point of this hand do I want to risk getting check raised. If I had no equity or a vulnerable hand I would surely bet, but by checking along I now have increased my overall winning percentage in addition to the ability to snap off bluffs. I would like to also note that if at any point I catch a T or Q I am calling down.
I showed this hand to one of my students who was amazed that I would try to bluff any opponent who puts in half of the effective stack on the river. In actuality, this is precisely the point. He is only committed to the hand if he has what he is representing, which is basically Kx+. He also probably assumes that I know he isn't willing to fold after putting in this much money and believes that this lends credibility to his bluff. Being that I wasn't particularly familiar with this opponent, I don't necessarily know how willing he would be to bet a weak king on the river, but it is quite likely that he is looking to check call any pairs J or worse. In this light it now is beginning to look suspiciously like a polarized range. Given his incredibly high opening raise percentage, I am just not willing to give him the benefit of the doubt.
Wednesday, February 9, 2011
Short Stack Strategy is Now on Video!
- HUD setup with explanation of both weak and strong stats
- Game selection with effective player tagging
- Seat selection
- The 4 major goals of post-flop play: maximum value, pot control, protecting your hand, and unexploitability
- Interpreting different raise sizes by position
- Recognizing an iso-raise
- Squeezing
- Facing cold 3 and 4-bets
- Counteracting unusual 3-bet sizes such as the min 3-bet and the single re-raise
- Evaluating flop texture
- Criteria for C-betting
- Playing all marginal hands, including overcards, 2nd & 3rd pair, and TPWK
- Playing draws
- Bluffing the turn
- Check raising marginal value on the turn
- Interpreting and countering the 3 different donk bets: the min-bet, the half pot bet, and the full pot bet
- Ace high flops
- Multi-way Pots
- Same concepts as above, with a strategy for playing draws on the turn on river
- Playing vs. a single limper by position
- Range balancing
- Going for thin value
- Evaluating limper strength by position
- How to proceed on your free play
- Heads up strategy for the small blind
- Playing the BB when the SB limps
- Countering aggressive heads up min-raisers
Friday, December 10, 2010
The Great Fish and Pony Show
Though it is most likely that having a legal and regulated online poker market in the U.S. is good for the long-term health of our game, I am beginning to get extremely frazzled by this glowing report of how great things will be after a potential 15 month blackout period. Here is a partial list of my concerns that seems to be growing by the hour since I first learned of this a few days ago:
A NEW POKER BOOM WILL OCCUR THAT WILL DWARF THE FIRST ONE.
Though I believe this to be most likely, it is still theoretical at this point and likely to be short lived. That one was powered by forces that happened to coincide perfectly that no longer exist today.
A) The world economy was thriving on the real estate bubble.
B) Poker first entered the public consciousness through the entirely new usage of lipstick cameras to show hole cards for the first time and a Cinderella story titled "Moneymaker" won over the imagination of the masses.
C) Online poker was new and enthusiasm was at the highest point that will ever exist.
THE FISH POOL WILL BE GIGANTIC AND NEVER ENDING DUE TO THE EASE OF LIQUIDITY
Wow....where to start?!
With the possibility of states being able to opt out, it is very unclear just how many states will be contributing to this fishpool. Living in Kentucky, I am incredibly fearful that my state will not opt in due to the prior efforts of our governor whose sole interest at this point seems to be in protecting our statewide passion for primitive auto racing, aka "Horse Racing". Sure, I live right by Indiana and would be willing to make a moderate commute there to play, but with its state coffers juiced with the proceeds of riverboat gambling, can I truly rely on this?
Even after this is accounted for, the fishpool will be nothing like what we witnessed the first time around. Back then, poker knowledge at large consisted of little more than knowing that a flush beats a straight. Concepts like pot odds, blind stealing, and position were foreign and arcane to the general population and the outcome was such that if you stuck with top pair or better and drew only to the nuts, you were crushing the game. Nowadays, the quality of competition at your neighborhood bar freeroll is stronger than what you would have encountered online 6 years ago.
There was a serious information black hole that existed back then that no longer does. Training sites, forums, and high quality texts are the standard means of improvement and never again will sub-standard trash like Phil Hellmuth's Play Poker Like the Pros be so eagerly gobbled up by aspiring players. Now the pros not only play significantly better than their opponents, they play GOOD. Since the fish tend to copy the moves and tendencies of everyone else around them, they will play better by default...no question.
Where does this leave us? I believe that it is a certainty that we will eventually end up right back where we are right now. Eventually all shitty players go bust and the ones that don't will improve, and perhaps greatly so. The games will once again be tough, but hey, we can always cash out our rakeback without all the fuss!
In conclusion, it is extremely difficult to imagine a scenario that can possibly make up for over a year of productivity loss. I am not saying that it isn't necessary in the long run, but the ever-glowing reports of how great things will be seem incredibly naive at this point, especially in light of the fact that we are giving up something of great value that is currently guaranteed for something that we are only envisioning at this time. If history can help us predict anything, it shows us that people are really lousy at making predictions.
As the saying goes "a bird in the hand is worth two in the bush". Are there really two in the bush? I'm just so not sure...
Thursday, November 25, 2010
Tinkering With The Nash Equilibrium, Pt. III- The Short Stack Houdini
Wednesday, September 8, 2010
The ShortStack Song....
Saturday, September 4, 2010
Tinkering With The Nash Equilibrium, Pt. II- Beyond Unexploitable Shoving
Now here is what we can push:
The rabbit hole keeps getting deeper.... Notice that even after running the simulation 10 million times, there is still a tiny sampling error with 93s and assumedly the 53s as well, as neither J3s nor T3s are profitable and the 53s shows a minuscule $.01 profit, respectively. Our unexploitable range has now grown from 38.4% of hands to an incredible 54.7%.
But why stop here? Most players I play against simply refuse to make calls with hands like KTs, A3s, and QJs...even guys who I play against every day. Let's run the simulation one more time with a more "typical" calling range of 55+, A8o+, A7s+, KJo+, KJs+.
Friday, August 27, 2010
Tinkering With The Nash Equilibrium, Pt. I- Unexploitable Shoving
Two other options remain, and those are folding and going all in. Since the aggressive move is usually superior, I would opt to go all in. But which hands are profitable to do so? A few years back, I was in awe of the Sklansky-Chubukov numbers as outlined in No Limit Hold'Em Theory and Practice. For those who have not heard, the SC numbers represent the upper limit of your stack size in a $1/2 game where you can move all in from the small blind and have that play be preferable to folding- if you were to flip your hand over first and allow your opponent to play perfectly against you.
At first I thought this was magic and now I look back at it as being hilariously nitty. I have since been taught how to use the Nash Equilibrium via StoxEV to shove the highest percentage of hands for the maximum profit. Though I have no idea how this was solved, I don't need to know how to build a car to drive it, either.
Here are the hands that we can shove for 20BB in a $2/4 game with the rake factored in (which the SC numbers fail to account for).
Sunday, August 22, 2010
Determining the Correct 3-Bet Calling Frequency
Using NoahSD's method as discussed previously, we combine the 18% 3-bet frequency with a quick hand history review off all such hands that were shown down. For this particular player, we have a range of approximately 22+, A7o+, A2s+, KJo+, and KTs+ (actually 18.5%). This is a fairly strong and not uncommon re-steal range.
For the simulation, I open min-raised every hand and then called with every single hand against the 18.5% range. Here is what we get:
Probably a little tighter that you would expect? The good thing is that this information is not privy to all players and they frequently make mistakes in this category...even when they [think they] understand what a shortstacker is doing. While a call with with KQs is just a marginal no-no, a call with KQo or KJs is just disastrous! Take a look at similar calls that often seem correct to players, like 22, A7o, and KJo. And they say that being suited is overrated?
Even when we reduce the effective stack size to 16BB, the calling range changes only slightly, with the addition that you can now also call with A9o, A8s, and KQs.
A much more dramatic thing happens when we begin begin tinkering with the stakes. Let's now run the simulation with 20BB's in a $.50/1.00 game. Here is what we get:
Looks like 44 is now a clear fold with the stronger impact of the rake. The effects become much more dramatic as we increase the re-steal range, but the evidence is clear- the rake matters. What's more is that it penalizes the calling player more, since the winning player is the one who pays it, and when you call you only have the option of winning at showdown.
Friday, August 13, 2010
Using Your Holdem Manager for Ultimate Domination, Cont.
If we assume that he is raising 2.5x 44% of the time, his range is approximately 22+, A2o+, A2s+, K9o+, K2s+, Q9o+, Q8s+, J9o+, J8s+, 76o+, 54s+, 86o+, 64s+. This does not need to be exact, as he will be folding out the weakest part of this range virtually* every time. The important thing is getting his raising frequency correct, which we have already determined.
Now we must figure out his calling frequency of 56% (since he is folding 44%). This not quite exact either, but still easy to figure out, particularly when reviewing my hand histories to find specific examples of hands he has called with. In so doing, we get a calling range of 22+, A5o+, A2s+, KTo+, K9s+, QJo+, QTs+, JTs. This is an admittedly broad calling range, but in so doing, he prevents getting heavily exploited by shortstackers.
By factoring in the stakes of $2/4, rake and dead money from the blinds and then running the simulation 5000k times with a 20BB stack, here is what we end up with:
Saturday, August 7, 2010
Finding Hidden Value in Pokerworld "Gold Chip Double Up to Cash" SNG's
At Pokerworld, there is currently a promotion offering two separate gold chip sit and goes. The details are as follows:
12 entrants, top 6 earn cash!
Though the payouts are small at $5 and $15 respectively, the gambler in me is always looking for that freeroll hustle! As it were, though these are a fairly easy score, they do not fill up often. Just the other night, I had signed up for the $15 payout one, only to find that hours later, it did not even fill up. I guess this would be understandable, as there are many gold chip satellite events that offer the potential of a significantly higher payout...if you have a few hours to spare.
However, if you plan on putting in large volume of hands and get started early in the day, you can score some extra EV, often just by sitting down! How? Since these take so long to fill up, it is very easy for someone to either have forgotten that they had entered (perhaps even the night before) or have gotten up to do something else and neglected them altogether. The one I played in had just such a player. He was "sitting" to left and we all had a field day stealing his blinds. Having just one such player missing brings your average EV from $7.50 to $8.18. That's an automatic increase of 9%. Doesn't sound like much, but that ask any SNG pro if that matters, and they will all tell you that they would kill for such an extra edge!
Just remember to unregister before you leave your computer!
Tuesday, August 3, 2010
Using Your Holdem Manager for Ultimate Domination
I have felt it and I know you have too. There's that one guy who you know, you just KNOW has been 3-betting you light and stealing your blinds more often than your HUD would lead you to believe. This of course brings us to the inherent flaw of using one: it can only give us average statistics, and quite often says little, if anything, about how a foe is playing against you in particular. But what if we could just take a little extra time to dig a little bit deeper into our database to find out the exact answers to these otherwise simple little questions?
Thus began my quest to find such answers. Don't get me wrong. Although I have railed against using a HUD in the past, I have since jumped this hurdle as I began to realize that using one is not something you do, but rather, something that you learn. Helpful as they are, I was still craving these answers and knew that I could never be EXCELLENT as a shortstacker until I found it out. Many people are reading this and surely believing that you can just tweak the filters and voila, there you have it. Nope. The "Vs Player" filter will only give you basic information such as total winnings and show you hands where said player is sitting at the same table as you. Even if you try to get clever and filter it further for only hands where the action was unopened and you raised on the button and the big blind 3-bet you, the first thing that you will likely see when you replay a hand is that the villain you were looking to get a read on had already exited the hand.
I tried posting on forums, collaborating with confidants, and even writing to the actual programmers to find out how to do this. Perhaps I was not explicit enough in that I was looking for actual percentages, but I got the same information over and over. It was simply not functional and led me to the same dead end.
Then the news broke on Pokertableratings about the 40putts/Kinetica/Littlezen shortstacker softplaying scandal. A member of the esteemed DeucesCracked training site playing under the name NoahSD had taken extensive time to write a long and detailed report using statistical analysis to break down the 3-bet ranges of these players when playing against each other. Aha! So there is somebody out there who actually knows how to do this!
I thought for a while on how best to get this information from him, but then just decided to simply ask. Lo and behold, in less than an hour's time, here is what he replied:
Hi Lorin,
Unfortunately HM isn't really designed to do this. I've been told that they plan to eventually add the stat "Player A's 3-bet % vs. Player B", but I think it's likely to be far in the future.
I used custom software to get my own answers, and frankly I have no idea how it works. The only way I know how to do this without hiring a programmer to do it for you is with this tedious method:
To get Player A's 3-bet % vs. Player B:
1) Select player B in HM.
2) In the filter menu, go to more filters and add "PFR = True".
3) Run the report.
4) In the bottom half of HM, select the "All" radio button next to "last 500". Right click and select "export all hands to hard drive" and choose a spot to export those hands.
5) Options -> Database Management. Create a new database.
6) Import the hands that you exported into that database. This is a database of all hands where player B raised preflop.
7) Select Player A and run a report with no filter. The 3-bet % that the report shows is Player A's 3-bet % when Player B raised.
If you make a database with all the hands where you raised preflop, you should be able to quickly look at the 3-bet %s that various players have against you.
Hope that helps,
Noah
This was just awesome to me. Though he might consider this tedious (and technically it is), I am no stranger to tedious work as I have spent countless hours running simulations using Stox EV that could often top 5 minutes for just a single, detailed run. So what is one to do with such information?
Use it to completely dominate and control your opposition.
That statement being rather vague, I will give an example using a player whom we will term "KaySmash" to show you just how we can put this into practice. On the HUD, it says that KaySmash opens the button 44% of the time. I filtered out all hands where I was on the big blind. Then I created a new database per the instructions and when I loaded it up, I set my filters to "Unopened" and "Button" and set it to run the report against KaySmash. True to form, he actually was raising that frequency. All that victimization was just a figment of my imagination! More importantly, I can now see that he is folding to my 3-bet 44% of the time. Since I am now armed with the information that he is not attempting to exploit my folding tendencies and just playing by a script, I can hereby assume that he will be treating me no differently when I am in the small blind as well.
While this information is excellent, it allows to me play a perfect shove or fold game against him, but doesn't really allow for much room for true exploitation since he is calling rather frequently. So digging a little deeper, I then follow NoahSD's plan to find out how often KaySmash is 3-betting me by filtering out the hands where I raise the button and then running the report with KaySmash in the big blind and the small blind has declined to enter the pot. Here is where it gets really interesting.
KaySmash is 3-betting me approximately 18% of the time, and never, ever just flat calling. Though I was quite sure of this, since I am dealing with a rotating base of players on any single day, it is often easy to confuse them. The fact that he is unwilling to get tricky makes him extraordinarily easy to beat.
I will give you guys a chance to digest this information for a few days and then in the next post I will show you precisely how we can use this information for an optimal strategy against this particular opponent.
Peace!
















