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Blogging and MTT advice

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Blogging and MTT advice - Fri Mar 02, 2012, 09:25 AM
(#1)
jergul's Avatar
Since: Feb 2012
Posts: 80
Here goes the first post in this forum.

I have basically been playing online for 2 weeks now (discounting a foray into the online poker world for a few months back in 2005). I think it a fair assessment to say I play rather poorly, currently though within the constraints of a loser's bankroll (I have no practical or mental issues with putting up a new bankroll). My main purpose for playing is for enjoyment and in order to learn (ah the joys of a new learning curve). I have a nice pdf library of 4 books that I have read, but not digested properly and have also completed all but 1 of the PSO tests.

Here is the thing. I started a blog with the goal of writing a post a day every day I play poker. The purpose is threefold:

1. Keep me focused while playing. I am collecting stuff for a blog entry really.
2. Have writing as part of my analysis and study program. By thinking through and writing down.
3. Let other players review and comment/slaughter my amateur observations.

Point 1 and 2 are working out fine. But I sorely overestimated how much people use the comment fields for blogs, so the feedback I want (and frankly really need) has not materialized.

So I thought perhaps posters in this forum might care to help me out. I would repost blog content here, but I would rather just post a link given it is a work in progress and also due to my moderating a different forum causing me to detest duplicated information and am loath to do it myself.

So here is the link (I trust it in keeping with forum rules to post a link of this type):

http://www.pokerschoolonline.com/blogs/?idblog=16014

I have mostly pondered stack sizes, hand equity, and bankroll strategies for a player that loses money at poker. The two first due to playing backgammon back in the day. I understand equity and know how to leverage it against players better than myself. The last as it is a practical concern for me and may be of interest to others.

I really hope you can help me out with comments. My goal is to become...well...better.

Cheers
Jergul

Last edited by jergul; Mon Mar 05, 2012 at 12:55 PM.. Reason: wall of text
 
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Fri Mar 02, 2012, 10:38 AM
(#2)
73REX73's Avatar
Since: Jun 2010
Posts: 745
I read your posts with interest, you are right fold equity is very important in playing poker. For example I played the Saturday Micro last week and managed to cash, but was short stacked, so I decided to take a more aggressive aproach . I was all in three times in a row and my stack more than doubled in size because my opponents were limp folding , two of my hands were ace rag hands , which I would easily fold early in a tournament, the other a middle pocket pair.

Of course my image was now shot to bits and players were looking to eliminate me from the tournament . Next decent hand I get AQ I shoved over a limper again and they called half their stack with AJ because of my image I think.

My last hand I tried a resteal with ace rag when in the big blind when the button had opened the pot, they called with 55 , which is a bit loose anyway I lost the coin flip, but tripled my prize money just leveraging fold equity.

Though fold equity is very important dont miss out on opportunities to build a stack when other situations present themselves.

I think there is a video on fold equity in the video library.
 
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Fri Mar 02, 2012, 05:38 PM
(#3)
jergul's Avatar
Since: Feb 2012
Posts: 80
Rex
Thank you for your response and for taking the time to check out my musings.

I have been focusing on PS-qualifiers today. It seems to my half-blind eyes that people both shove and get called with great frequency. That of course decreases fold equity, but on the other hand, there are a lot of limpers who increase equity again. Getting called often does in turn increase the value of strong cards when shoving as I will often be called by hands far worse than my holdings.

Thanks for the tip on the video library. I will certainly check it out (it makes sense for me to be as good as possible on equity, position, stack sizes, and shoving while I slowly learn the more technical aspects of the game) .

It tends to go poorly when I try to take advantage (stealing for example) without using my shove pre-flop sledgehammer. But on the bright side, my play can only improve. Which is nice.

I sort of have to play actual poker for a period mid match to fatten up for bubbles. Having better cards generally due to common loose play does help compensate for my lack of skill. I do suspect I am too easy to shove off pots however. But that will pass I hope.

Last edited by jergul; Fri Mar 02, 2012 at 05:44 PM..
 
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Fri Mar 02, 2012, 10:14 PM
(#4)
!!!111Dan's Avatar
Since: Jul 2010
Posts: 3,290
Welcome to the forum!!!
 
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Fri Mar 02, 2012, 11:11 PM
(#5)
JWK24's Avatar
Since: Jun 2010
Posts: 24,809
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Hi jergul!

Welcome to the forum.

If you're playing the micro tables, especially early, or in a league. Limit your steals and play tighter. Bluffing in these situations will most likely get a player into trouble.

Hope this helps and good luck at the tables.

John (JWK24)


Super-Moderator



6 Time Bracelet Winner



Last edited by JWK24; Mon Mar 05, 2012 at 05:50 PM..
 
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Fri Mar 02, 2012, 11:43 PM
(#6)
JDean's Avatar
Since: Aug 2010
Posts: 3,145
BronzeStar
Hi Jergul!

I posted a comment on your blog about playing poker like backgammon. It may surprise you to know that you are not the first to come up with similar thoughts.

I left you some links that you might find interesting reading.

Hope it helps.

-JDean


Double Bracelet Winner
 
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Sat Mar 03, 2012, 05:43 AM
(#7)
jergul's Avatar
Since: Feb 2012
Posts: 80
[deleted content]

Thank you for guiding me towards relevant articles and making me both read and try to think through what the articles mean.

I hope it is very easy to tell I greatly appreciate any and all feed back.

Last edited by jergul; Mon Mar 05, 2012 at 12:54 PM.. Reason: Deleted wordy/trite content.
 
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Sun Mar 04, 2012, 09:57 AM
(#8)
jergul's Avatar
Since: Feb 2012
Posts: 80
Content deleted by me.

Last edited by jergul; Mon Mar 05, 2012 at 07:01 AM.. Reason: multiple hands take too long to load and are irritating
 
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Mon Mar 05, 2012, 06:59 AM
(#9)
jergul's Avatar
Since: Feb 2012
Posts: 80
A really trivial question - anyone know how to collapse ([collapse=test] text [/collapse])?

===========
Well, I have my numbers for my first two weeks. The follow below. This is what the numbers are indicating to me (note n is very small):

1. The improvement in bankroll loss rates is due entirely to management: I play fewer tournaments and the buy-ins to those tournaments are smaller.

2. The slight improvement in finishing place does not mean much. I am ITM less often, though tend for fall out prior to the button more often. This suggests I should either be more or less aggressive in pre-button play. I am tending towards more aggressive as my ITM placements are pretty marginal when they happen. Better a blaze of glory.

3. Caution early tournament seems warranted.

4. Placement says nothing about how good a poker player I am (I would rank better simply sitting out tournaments and being blinded out slowly), but can show interesting patterns.

5. Record keeping is pretty important. I would be pleased as peach without data. For an illusion of reasons.

slash denotes week 1 / week 2

Change in fixed bankroll -30% / -11%
Average finish 45%/39%
Top 5% 0 / 0
5-15% 20%/13%
15-30% 13%/26%
30-60% 40%/39%
60%+ 27%/22%
 
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Mon Mar 05, 2012, 02:24 PM
(#10)
JWK24's Avatar
Since: Jun 2010
Posts: 24,809
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Quote:
Originally Posted by jergul View Post
slash denotes week 1 / week 2

Change in fixed bankroll -30% / -11%
Average finish 45%/39%
Top 5% 0 / 0
5-15% 20%/13%
15-30% 13%/26%
30-60% 40%/39%
60%+ 27%/22%
Hi jergul!

One thing sticks out to me with these percentages. There are a high number of 60+% outs. This is normally caused by playing too many hands early in a tourney or by shoving too quickly. In that situation, I'd want to look at the hand histories of the torunies and see how many marginal hands I was playing earlier in the tourney. Players are always going to take some bad beats early, but what I try to avoid is going out early on marginal hands.
I try to play tighter in the beginning of a tourney, then loosen up as the tourney goes along.

To give you an example, here's my finishes from OPR as a comparison.

MTT Avg. Finish%
Early 1% (bottom 10%)
EM 5% (bottom 10%-bottom 30%)
Mid. 28% (between 30%-70%)
ML 48% (top 30%-top 10%)
Late 18% (top 10% )

Hope this helps.

John (JWK24)


Super-Moderator



6 Time Bracelet Winner


 
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Tue Mar 06, 2012, 06:22 AM
(#11)
jergul's Avatar
Since: Feb 2012
Posts: 80
Thank you for the advice and for sharing your data (I value the reference point highly).

Yes, I think you are right on the button there. I think the problem was/is my getting deeply involved - particularly against multiple shoves (whether I know the guy behind me will shove in or not) with holdings like A-Js and 9-9 early in tournaments. Sure it goes my way sometimes, but often (say 22% of time) not.

I find it hard to walk away, though the tournament structure in PSQ is very helpful. I seem to begrudge losing points more than I do losing money. I have been grinding away there since the beginning of the month.

I am thinking I am forming habits now. So playing a tourney type that encourages good discipline is good. The tourney point system does that for me it seems. So I should play that type of game. Does that make sense?

(details of my ongoing grind can of course be gained by clicking on my name if anyone is so inclined. It is currently not awful, but that of course is subject to dramatic change)
 
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Tue Mar 06, 2012, 10:46 AM
(#12)
JWK24's Avatar
Since: Jun 2010
Posts: 24,809
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Quote:
Originally Posted by jergul View Post
I am thinking I am forming habits now. So playing a tourney type that encourages good discipline is good. The tourney point system does that for me it seems. So I should play that type of game. Does that make sense?
Hi Jergul!

From what I've found, the best is a combination of the patience from a league game, plus knowing when to start playing other hands (in position, knowing when to shove if not near the bubble or after the bubble, normally around 10BB). Learning and knowing which situations are +EV and when to get involved in pots is something that I've learned...and am still learning... and is an ongoing process. There are many videos from all of the trainers and pros in the video library that are very good with explaining these things.
If a player has discipline and patience, the tourneys with the longer levels are normally best, compared to say a turbo, where a player cannot wait as long and will be forced to shove earlier in the tourney.

Hope this helps.

John (JWK24)


Super-Moderator



6 Time Bracelet Winner


 
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Wed Mar 07, 2012, 05:58 PM
(#13)
jergul's Avatar
Since: Feb 2012
Posts: 80
Contents more or less moved to hand analysis thread

Last edited by jergul; Thu Mar 08, 2012 at 01:35 PM.. Reason: Moved content
 
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Sat Mar 10, 2012, 05:45 PM
(#14)
jergul's Avatar
Since: Feb 2012
Posts: 80
An actual mtt strategy question.

IF we assume I have data indicating I am more than 18% likely to finish in the top 18%
And we assume I have data indicating I am less than 10% likely to finish in the top 10%

Would it not be best to play tournaments with as flat a prize structure as possible (for example satellites within my BR range to cash out or not depending on the prize structure for the main event (for example that 18%th place there pays out at least 1/(.18 .18) = 30,86 times my initial by in to the satellite)?

I have a feeling I am thinking right, but screwing up somehow.
 
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Sat Mar 10, 2012, 08:36 PM
(#15)
Grade b's Avatar
Since: Jun 2010
Posts: 3,604
hi Jergul,

I like many am aditted to the forum, but hardly ever read a blog.

We do have hand analysis section here which tends to be good and any question here will get several answers/ sart a debate in about 20 minutes or so.

Grade b


I am always ready to learn although I do not always like being taught. ~Winston Churchill

13 Time Bracelet Winner


 
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Sun Mar 11, 2012, 12:29 PM
(#16)
jergul's Avatar
Since: Feb 2012
Posts: 80
Thanks for the welcome Grad B!

=========

Well, I tried the last post out in practice - now with the benefit of PT3(trial version). Mostly for my own benefit so I can watch how I play. Tried coasting (figuring i had enough to win an entry, so ignored all cards but premium, giving Vip 5.5, PFR 3,6, AFq 34,8). Scraped by with 1700 chips to spare. A bit nerve wracking to cut it so close.

Break even seems to be landing in top 18th 25% of time. I now have something called Tdollars. My gut instinct tells me that is not Pokerstars investing in US federal debt (t-bills) on my behalf, so my stab in dark guess is that the t money is non-redeemable, but usable to buy tournament entries.

I still think I am far closer to making top 18th 25% of time than I am making top 10% 10% of time. Still a losing proposition then, but on a marginally improving curve.

That shark watch ranks me exactly 50/100. Which seems very close to my own estimate of how poor a player I am. Still, its all good fun - and much cheaper than drinking beer. In a bar. In Norway. Better for my liver too.
 
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Sun Mar 11, 2012, 01:17 PM
(#17)
Grade b's Avatar
Since: Jun 2010
Posts: 3,604
T-dollars are indeed Tournament dollars and are as good as cash as long as you play any tournaments or sit and go's.


Have you checked out the video library here there is a ton of information. So much that after 8 months or so i'm still working through it all.

Grade b


I am always ready to learn although I do not always like being taught. ~Winston Churchill

13 Time Bracelet Winner


 
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Sun Mar 11, 2012, 01:35 PM
(#18)
jergul's Avatar
Since: Feb 2012
Posts: 80
Yepp, my current goal is to watch faster than they are produced. Which is an uphill struggle.

Have you check out:

http://www.everythingpoker.com/

Basically expanded versions of the 1.x and 2.x shows here. I am plowing through them now as a refreshing way of reviewing the basics already watched.

Perhaps you can tell that I am trying to improve my strategic play. Play unrelated to actual hands - the strategic choices I make in terms of what kind of games I play, how I can sustain a losing BR until hell freezes over, what tools to use, and when to change pace during a tournament.

Am otherwise hoping to improve betting skills and transferring my understanding of equity from backgammon to the poker world.

Tactical play...the learning curve takes time...so am trying to enjoy learning in a sustainable way really.

What else can a man do?
 
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Mon Mar 12, 2012, 05:57 PM
(#19)
jergul's Avatar
Since: Feb 2012
Posts: 80
Interesting slightly: I gain chips in 6th, button, BB. And lose everywhere else. Something to bear in mind (yay tracker).
 
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Tue Mar 13, 2012, 12:34 PM
(#20)
jergul's Avatar
Since: Feb 2012
Posts: 80
My goodness:

"Most gamblers may not need medication, but as a group their serotonin levels are lower than normal. If you put Prozac in the bottled water at your local casino, you would reduce the compulsion to gamble to such a degree that the casino would probably have to shut down"

Can anyone name the author?
 

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