Saturday, October 4, 2008

It was the best of times, it was the worst of times…

There really is no other game like poker. One day you’ll feel untouchable, ready to take on all comers, the next you’ll be wondering where the hell your next pot is going to come from. Though I don’t think Charles Dickens had poker in mind when he wrote his famous line, I think it’s rather apt for the poker player. At least, it certainly was for me. Yesterday, I had my best day ever; today, I had my worst. When I went to sleep last night, I could scarcely believe that I had made $8000 in a day, $25000 in a week and over $55000 for the year thus far. Today, I watched in despair and dismay as my opponents dragged in pot after pot from me; a total loss of $9200…

Looking at the hands, there really wasn’t much I could have done. Of the 14 times I got stacked, I only really regret 2. The other 12 were simply unavoidable.

Twice I flopped the virtual nuts heads-up versus fish only to see them holding the actual nuts; 56 v JT on 789 and 69 v J9 on T87.

Twice I got it in with the best of it but my hands couldn’t hold up; KQ v TT on JT9 and KKs v AQs on JT5ss.

Preflop I ran QQ into AA once and JJ into QQ once. The JJ hand was particularly brutal because the table had broken up the hand before so this was actually a heads-up hand. Indeed, I immediately checked the sit out box after being dealt the JJ, so to run that into QQ in my only heads-up hand of the day did not make me very happy at all.

I also managed to lose twice after flopping trips on dry paired boards. The first I had 86c and got check-raised on a 988r flop. I obviously just called in position and the turn came a 7 and I called down and he had JT. In the second I had 54c on a 558r flop and let the UTG raiser barrel off his overpair. Unfortunately he had a suited ace instead and ended up backdoor nut flushing me…

My ninth stack was lost when I rivered the nut flush versus 76 on a 67J7T board blind versus blind.

My tenth stack was a standard suited ace 4-bet shove over a light 3-bettor; I know this play is profitable, albeit involving a ton of variance, and I don’t regret it at all.

My eleventh stack was just a lost race, AK v QQ.

My twelfth stack involved me value betting AA all the way with my final all-in river bet only being a half-pot bet. Unfortunately, my opponent had rivered two pair with 54c on 5cJx6xKc4x.

The two hands that I regret both involved me turning made hands into bluffs. I rarely do this and I guess I regret it mostly because I usually would not try to run the bluff and therefore would not usually have lost the money. That said I think these bluffs are actually quite good and I should probably do them more often as they might be more +EV than simply showing my hand down and seeing if it’s good. I think if I’m winning I don’t make these bluffs nearly as much as I should because I’m scared to lose back my winnings and I don’t want to risk going on tilt.

Anyway the first hand involved me defending against a 3-bet with JJ. Against this particular opponent this preflop call was actually pretty marginal and out of position I definitely would have folded. However with position and stuck $8000 I decided to make the call. The flop came QT3r. This was not a particularly good flop given that everything but AK now beats me but I decided that AK was a big enough part of his range (and AQ a small enough part) for me to peel one and see what developed. The turn came a Q and he hesitated and checked. At this point I decided he probably had KK or AA and that I was going to bluff him off it. I knew that there was no way I could credibly rep a queen by simply shoving the turn so I decided to make a tiny turn bet and then shove the rest in on the river. However I miscalculated stack sizes and in the end the stacks were so shallow that my opponent had no choice but to make a crying call on the river getting 2.5-1 odds. He had AA. Given that my opponent tanked for ages before calling, I think my bluff works at least 70% of the time if I have another $200 in my stack but as it was I couldn’t leverage nearly enough chips for this bluff to work.

My second bluff was far sketchier. I raised preflop from the small blind with 97s and a weak player called in the big blind. The flop came 985 with one diamond and I bet and he called. The turn came the 7d and I check-called. At this point I’m intending to check-fold to any river bet (unless I fill up of course). The river brings the Td meaning the board now read 9857T with three diamonds. At this point I felt that my opponent either had 2 pair, in which case he would check behind the river and I would probably win, or my opponent had a 6 for the straight with a hand like 86s, 56s or 67s. The question for me on this river was whether it was now worth trying to bluff him off the 6. I decided that it was and overbet shoved all-in. Now, this is a spot where I would rarely try to bluff a good regular off a 6. My line simply makes so little sense that I think I’m getting looked up very lightly by a good player. Against a weak player however I have a bit of a dilemma. On the one hand, weak players are quite likely to fear the worst and put me on a jack high straight or a diamond flush. On the other, weak players also have a tendency to not think beyond the strength of their own hand and thus snap-call this river with any 6 despite the scary board. I think my river play here is really opponent dependant and I think in this instance I simply didn’t know my opponent well enough to make a river bluff-shove. It may be the case that despite being readless, shoving is the best play here against the majority of weak opponents and will turn a profit on average. However I learnt long ago that making the play that is best on average is not quite good enough; you really need to try to make the play that is best for the specific situation at hand. In this particular situation, I was really just guessing and hoping.

Anyway, let’s just hope that this day doesn’t repeat itself too soon. I’m going to put in another session tonight and see if I can get my bankroll back to $50K. Wish me luck!

Thursday, October 2, 2008

A Session Against CTS

So I was having another really good day yesterday and was up about 4K when I saw CTS sit down at one of the 5/10 tables. Since I was running well and it’s not every day you decline a wait list seat to see Cole sit down instead I decided to rejoin that table’s waiting list as well as the other three tables that Cole was sitting on. I knew that playing Cole probably wasn’t the best idea in terms of short-term EV but I felt that, since Cole was almost certainly recording a video, I might get some nice feedback on my play which would make it somewhat worthwhile in the long run (much the same reason that I sat down in Eric Liu’s video earlier in the year). I also think that testing yourself every now and then by playing against a top pro (as well as the four other regs who want to challenge him) isn’t that bad an idea and is an opportunity worth taking.

Anyway, in the hour or so that I play at Cole’s tables I proceed to get stacked by him not once, not twice, but three times…

The first was the worst and happened just a few orbits into the session. I definitely think I should have folded to Cole’s 4-bet as he’s not going to be opening too light with the shortstack in the big blind to begin with and he’s certainly not 4-betting air versus an unknown (which I was) immediately.

No-Limit Hold'em, $10.00 BB (6 handed) - Hold'em Manager Converter Tool from FlopTurnRiver.com

BB ($200)

UTG ($1015)

MP ($391)

CO ($180)

Cole South ($1092)

Hero (SB) ($1005)

Preflop: Hero is SB with 8, 8

3 folds, Cole South raises $35, Hero raises $120, 1 fold, Cole South raises $235, Hero raises $880 (All-In), Cole South calls $735

Flop: ($2020) 4, 9, 5 (2 players, 1 all-in)

Turn: ($2020) 10 (2 players, 1 all-in)

River: ($2020) 7 (2 players, 1 all-in)

Total pot: $2020

Cole South had J, J (one pair, Jacks).

Hero had 8, 8 (one pair, eights).

Outcome: Button won $2017

The second hand was really standard. I had QQ in the big blind and Cole had AK in the small blind. Not much is ever happening here other than us getting our stacks in preflop. I lose the race.

No-Limit Hold'em, $10.00 BB (6 handed) -
Hold'em Manager Converter Tool from FlopTurnRiver.com

UTG ($185)

MP ($1000)

CO ($356)

Button ($180)

Cole South ($2159)

Hero (BB) ($1000)

Preflop: Hero is BB with Q, Q

4 folds, Cole South raises $25, Hero raises $90, Cole South raises $230, Hero raises $900 (All-In), Cole South calls $740

Flop: ($2000) J, 10, 5 (2 players, 1 all-in)

Turn: ($2000) 8 (2 players, 1 all-in)

River: ($2000) 2 (2 players, 1 all-in)

Total pot: $2000

Cole South had A, K (flush, King high).

Hero had Q, Q (
one pair, Queens).

Outcome: Cole South won $1997

In the third hand we’re 170bb deep and I proceed to run KK into AA for the fifth time this week. Cole opened UTG, I flatted in MP, and a player on the button squeezed. Since I had no previous hands on this player I was pretty sure he was taking a shot at 5/10 and was simply excited to be playing with Cole. Indeed he kept asking CTS whether he was recording a video and his stats so far suggested that he was probably a bit fishy. So I was obviously really happy with this squeeze and expected Cole to fold and me to get it in against the button in great shape. When its folded back to Cole however he proceeds to 4-bet which I guess should set off alarm bells but I have KK so I don’t really think twice before 5-betting. The button folds and Cole ships it in and straight away I realise I’m pretty much stuffed. I type ‘man…’ in the chatbox and think about tanking as I think this is genuinely a spot where I’m up against KK+ only. But then I realise that a) I’m probably not going to fold this anyway and b) if I tank and call and end up being ahead I’m going to look like a tool in the video so I make the call in pretty quick time. He does show AA and I can’t suck out. I think if we were a bit deeper, maybe 250bb and definitely 300bb I could find a fold here. I’d probably tank and tank and tank and eventually time out muttering how sick it was. But I don’t think I can ever really fold Kings v Cole for 170bbs.

No-Limit Hold'em, $10.00 BB (6 handed) - Hold'em Manager Converter Tool from FlopTurnRiver.com

CO ($4839.50)

Button ($1007)

SB ($2745)

BB ($1067)

Cole South ($2316)

Hero (MP) ($1702)

Preflop: Hero is MP with K, K

Cole South raises $35, Hero calls $35, 1 fold, Button raises $147, 2 folds, Cole South raises $255, Hero raises $631, 1 fold, Cole South raises $2026 (All-In), Hero calls $1036 (All-In)

Flop: ($3566) 4, 5, 8 (2 players, 2 all-in)

Turn: ($3566) J (2 players, 2 all-in)

River: ($3566) 4 (2 players, 2 all-in)

Total pot: $3566

Cole South had A, A (two pair, Aces and fours).

Results in white below:

Cole South had A, A (two pair, Aces and fours).

Hero had K, K (two pair, Kings and fours).

Outcome: Cole South won $4177

By the time I quit I actually managed to recoup my losses which was really nice. I won a race versus a reg (AK v QQ), stacked one of the fishier players after he cold-called a 3-bet from the small blind and I flopped trips with 75s, and generally managed to chip up nicely from people trying to make moves for the video when I held the virtual nuts. Overall I finished up $4,800 yesterday which was a really nice result for me, especially after my big $8000 day the day before. Let’s just hope the good luck continues (i.e. I keep hitting loads of sets but I stop running kings into aces and my sets start to hold up versus draws)!

Here’s my graph for the last week, by far my best week ever.

Wednesday, October 1, 2008

September Review and October Goals

Well I somehow managed to make another 10K this month. In reality, I bumbled around playing break-even poker for the entire 10 days that I was exclusion-free and then made 10K yesterday on the last day of the month. Here’s the graph and stats for September.


I’m failing my 3/6 challenge dismally but at least I managed to run at expectation overall this month. I ran really well during my last few sessions in particular and managed to reclaim a $3000EV deficit. I also managed to lay the ultimate cooler on a regular 200BB deep with KK v K9s on a J939K board for a 4K pot. That said, I did run KK into AA four times this week (none of which sucked out) and got the reverse situation literally zero times, so I guess it all evens out in the end.

I don’t particularly have any goals for October since I have a lot of work to catch up on for uni. I’ll just try to play when I can and watch as many videos as possible. Of course, another 10K month would always be nice…

Rounders

High Stakes Poker - Daniel Negreanu Versus Gus Hansen

Joe Hachem - WSOP Main Event 2005 Champion