Posted by CarbonPoker on 24th February 2010

cardschipsSeven Card Stud certainly isn’t as popular as it was a decade ago, but that doesn’t mean nobody is playing it.  In fact, there are still plenty of Seven Card Stud tournaments out there including some major WSOP events.  Seeing as how Stud isn’t totally irrelevant, let’s take a look at some tips for how to get started with this game.

Remember Everyone’s Face Up Cards

One big difference in Seven Card Stud, as opposed to Texas Hold’em, is that you get to see a face up card from all of your opponents.  However, when an opponent folds, that face up card gets mucked and you’re forced to remember it.  This is where some players make the mistake of only concentrating on their own hand.  But when you do this, you’re missing out on opportunities to correctly count your outs.  That’s why you need to pay attention to every face up card and memorize it.

Bet Frequently

Stud is a drawing game and so players like to see cards as cheaply as possible.  That’s why you need to bet frequently whenever you hold the advantage.  If you’re sitting in the driver’s position, you don’t want to give this advantage up by letting several drawing hands into the pot.  At the very least, you’ll be making opponents pay to chase their draws.

Bluffing rarely works

Bluffing is always thought to be a major part of any poker variation.  But in Seven Card Stud, you’re often wasting your time (and chips) by bluffing.  This is especially true in the lower stakes where the only people who play are either going to call with every draw they have or play all of their hands straightforward.  There are few bluffing opportunities that arise in a Stud game so you’re very unlikely to make anyone fold.  About the only time you can truly bluff people in a Seven Card Stud hand is when a flush draw is showing on the board.

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Posted by CarbonPoker on 23rd February 2010

red-chip-stackBig pots are what defines a No-Limit Texas Hold’em player’s success.  Sure there are lots of little small wins along the way that can boost your bankroll, but it’s the big pots that will make or break your bankroll.  That’s why you need to know how to both build big pots and play them in Hold’em.  Here is a look at how to accomplish this so you can properly play big pots and earn lots of money while doing so.

Building a Big Pot

If the pot is $2 and you’re betting $60 into it, you’re building a pot the wrong way.  After all, if you’re holding pocket queens, your opponent only needs to have pocket kings or aces one out of 30 times to make this a bad play.  But betting $60 into a $60 pot is a lot smarter because you’re only contributing half of the pot.  When building a pot, make sure to keep the pot size in mind, and make measured bets that will increase the pot over each street.

When to build Big Pots

The obvious time to build big pots is when you have a big hand and think you’ve got one or more players that will call your bets.  Of course, you can also build bigger pots when you’re looking to draw another player into a bluff or force them to call with poor odds.  In the case of a bluff, you could bet $30 into a $30 pot and scare off a tight player who’s been checking and calling on every street.  As far as forcing a player to call with poor odds, if the pot was $60 and you made a $25 wager, this is enough to give the person calling bad pot odds.  However, it’s not enough to force an automatic fold.

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Posted by CarbonPoker on 22nd February 2010

pocket ninesPoker is no doubt a thinking game so you’re bound to have thousands of thoughts during each session.  Unfortunately, some of these thoughts can lead you straight down the wrong path – especially when you’re repeatedly having them!  Here are some common thoughts people have at the poker table that can be detrimental to their bankroll.

1. They’re bluffing.

Bluffing is one of the most over-hyped plays in poker.  In fact, some players think others are bluffing on every street.  But the truth is that most people play their hand like it is the majority of the time, and only bluff when good opportunities arise.  That being said, calling people with second rate hands just to see if they’re bluffing is a costly move.

2. I’ll keep playing until I break even again.

Losing sessions are never fun, but you only make them worse when you stick around in an attempt to get back to even.  If you’re suffering through a bad session and you aren’t thinking clearly, call it a loss for the day and come back at another time.

3. I’m already this far into the hand, what’s a few more dollars.

If a call is wrong, then a call is wrong.  It doesn’t matter how much money you have in the pot if you’re 99% sure that your hand is beat.  This is especially true is you’re making a statistically incorrect play in Limit poker.

4. I must play aggressive.

There’s a difference between playing aggressive and playing stupid.  Even still, some players make huge raises and unnecessary bets just to convince themselves they’re playing aggressive.  It’s actually a much better idea to start off tight and get more aggressive as you learn the game.

5. I’m going to move up a limit and see if this works better.

As ridiculous as it sounds, losing players sometimes get the mindset that they can move up in limits and be more successful.  But if you can’t beat the limit you’re currently at, why move up to tougher competition?

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Posted by CarbonPoker on 11th February 2010

carbon-poker-cardsAs a poker player, it’s important to choose the stakes you play every carefully – especially in sit and go’s.  Failure to find the proper limits will either cut into your profit margins or leave you losing money against superior players.  That being said, let’s take a quick look at how you can find the right stakes for the sit and go tournaments you play.

Expected Winnings

Expected winnings is as simple as it sounds: how often do you expect to win or place in the money?  If you expect to finish in the money in nearly every sit and go you play, then you should move up a limit.  If you only place in the money in 2 out of every 10 sit and go’s you play, then this is probably too high of a limit.  A good goal to shoot for with expected winnings is to be paid in 4 out of every 10 SNG’s you play.

Payouts

In addition to looking at expected winnings, you also need to determine what your average payout will be.  For instance, if you’re placing in the top three in 40% of the $5 + $0.50 sit and go’s you play, you would probably be winning between $60 and $70 for every 10 SNG’s.  Since the total cost of ten sit and go’s would be $55, you would easily be beating the stakes you are playing.  Make sure that your profit is exceeding the amount of money you’re paying in buy-ins before moving up.

Bankroll

Tournaments offer inconsistent results so it’s hard to predict when your next payout is coming.  You get your average from a range of tourneys so even a player who cashes in 40% or more of their SNG’s will go for 10 tournaments without cashing.  That’s why your bankroll needs to be big enough to allow for 50 or more buy-ins at the limit you’re playing.  So for the $5 + $0.50 sit and go player, your bankroll needs to be at least $225.

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Posted by CarbonPoker on 10th February 2010

omaha handAlready very popular in Europe, Pot-Limit Omaha is a game that’s catching on in other parts of the world too.  Unfortunately, most new players haven’t caught on to the game themselves, and struggle with the finer points of Pot-Limit Omaha.  That being said, here are a few tips that will help you get off to a good start in PL Omaha.

Starting Hands

Like any poker variation, your success in Pot-Limit Omaha will be greatly affected by what starting hands you play.  And since you are dealt four cards in PL Omaha, your decisions will be very different from the cards you would play in Texas Hold’em.  You will need drawing hands that have the potential to hit high straights and flushes because pairs and two-pairs rarely win in PL Omaha.  Some examples of great starting hands in Pot-Limit Omaha are: A-A-K-K, A-A-J-T, A-A-Q-Q, A-A-J-J, and A-A-T-T.

As you can see from this list, high pairs are still good for starting hands…..they just need to have a couple of cards that have straight potential too.  Thus A-A-J-T is a better starting hand than A-A-Q-Q.

Edges are Minimized

In Hold’em, having the best hand in pocket aces gives you a 66% edge against the second best hand in pocket kings.  Contrast this to Pot-Limit Omaha where the top hand in A-A-K-K only provides a 6% advantage over the second best hand in A-A-J-T.  With this being the case, you really need to be selective in how you play starting hands.  Since edges are so small, you absolutely must play goods hands past the flop to ensure that you’re consistently getting value.

Raise before the Flop

With the edges being so small in Pot-Limit Omaha, many people don’t think that you can benefit from raising before the flop.  However, even the smallest of edges will benefit you when exploited over the long run so raising before the flop is a must.  Raising pre-flop will allow you to push other drawing hands out of the pot, and increase the amount of money you can make on excellent hands.

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Posted by CarbonPoker on 28th January 2010

cardschipsWhen hearing the term “leverage”, you might think of trying to gain an advantage while buying a car or a house.  However, the concept of leverage can also be applied to poker since it will gain you a big advantage over opponents.  But in order to gain this advantage, you must first understand what leverage is in regards to poker.

What is Leverage in Poker?

As mentioned before, leverage provides a means for you to get ahead of someone else in some capacity.  As far as poker goes, leverage begins with having a big stack to back up your moves at the table.  For instance, if you have a big stack and bet into a small pot, you’re more likely to make the smaller stacks fold simply because of the big bets they could face on later streets.

Putting Them All-In

Obviously, having the ability to force others to put more money into the pot on later streets is a huge advantage.  To illustrate this advantage, take a look at the following example:

Let’s say you make a $12 call on the flop; when the turn comes around, you will probably be looking at an even bigger bet such as $35 since the pot has grown.  Now this won’t be such a predicament for you assuming you’re the big stack.  However, shorter stacks have to fear even placing bets on the flop with drawing hands since they may be forced to go all-in later.  By the time the river rolls around, the short stacks might have to call an $80 or $90 raise just to stay in the hand with you!

By having the biggest stack, you have the most leverage at the table, and can do what you want.  If you can accumulate this big stack, make sure to use your advantage to exploit the other players at the table.

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Posted by CarbonPoker on 26th January 2010

While most people prefer to play the more popular No-Limit Hold’em tournaments, Limit tourneys still draw a fair share of players.  In fact, some people actually like playing Limit Hold’em tournaments since they force them to play more under control.  If you’re a Limit Hold’em buff, or have just considered playing in a Limit tourney, these tips should help your game.

The Basics

Basic Limit Hold’em tournament strategy involves playing in position during the early going and sticking to premium, or near-premium, hands.  Since it’s tougher to come from behind in a Limit tourney, you need to keep a decent chip stack at all times.  This means avoiding playing hands like A-Q, K-J, and Q-T out of position since they can cost you a lot of chips.

Steal Blinds and Small Pots

Once the blinds start going up towards the middle stages of the tournament, you’re going to have to steal blinds and small pots to stay in the action.  This means betting out more and trying to semi-bluff other players into folding so you can steal whatever is on the table.  Of course, you need to take into account the players you’re stealing blinds from before you make the attempt.  If they’re a tight player who only plays premium hands, then you’re no doubt better off leaving them alone.

Much like No-Limit

Sure Limit Hold’em tournaments are different from their No-Limit counterpart, but this doesn’t mean you should treat a Limit Hold’em tourney like it’s totally different.  In fact, you can apply a lot of the same concepts from No-Limit towards Limit Hold’em.  This means you still need to know what hands to play and which ones to fold, look for opportunities to bluff, and make strong value bets.  The only difference is going to be that you can’t take a whole player’s stack in one hand.

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Posted by CarbonPoker on 19th January 2010

acesIn order to make correct decisions in poker, you need to look at each situation on its own.  However, some people tend to treat this decision-making process as a separate entity without the whole hand in mind.  And when you start doing this, you quickly lose control of a hand.  That’s why great poker players make decisions based not only on the present situation, but with the entire hand in mind as well.

To illustrate how much a single decision can impact an entire hand, let’s take a look at this example:

You’re playing a $2/$4 short-handed No-Limit Hold’em cash game and the average stack size is about $250.  The player under the gun raises the pot to $10 and you decide to call while sitting on the button with Jh-Jd.  Everyone else folds to the raise and the flop is 8c-Jc-3h.  Your opponent decides to throw out a $12 bet and you re-raise the opponent to $20.

Feeling confident, the player calls the raise and the turn is a Kc.  The other player checks, and so you check in order to avoid a possible check-raise.  The river is dealt and this turns out to be an 8d.  Once again, the other player checks (this time out of fear of the full house) while you put out a $40 raise.  Your opponent calls leaving them to reveal Ac-Qc while you show a full house and take down the pot.

Now it might seem like you’ve raked in a nice pot here, but the truth is that you lost out on opportunities to earn even more money through what turned out to be a monster hand.  What you should have been doing instead of concentrating on each decision by itself is looked to have taken your opponents’ entire stack.

This means finding opportunities to get more money into the pot each step of the way.  For instance, when you hit trips on the flop, gauge your opponent to see if they’ll call a $30 raise instead of a $20 raise.  The more money they put in, the better off you’ll be.

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Posted by CarbonPoker on 15th January 2010

pocket_foursNothing tests the true skill of a player more than a heads-up poker tournament.  Here, there are no other fish to pick on (unless your opponent is one), no playing to the left of weaker players, and no checking and calling just to survive to the next round.  You are one-on-one with your opponent, and you must beat that person to move on.  So, in the spirit of you beating your heads-up adversary, let’s look at some tips for how to do so.

Look at the starting chip stacks

Your early strategy, as well as your overall tournament strategy, should be based on how many chips you start out with.  Most heads-up tournaments will give you a decent amount of chips, which will enable you to utilize a more conservative strategy.  However, other tourneys give you a small starting stack and force you to play much more aggressively in the early going.  In addition to starting chip stacks, also note how quickly the blind levels increase so you don’t get blinded out.

Loosen your starting hand requirements

Your starting hand requirements should be vastly different from what you’d use at a full table, or even a short-handed table.  You are only matched against one player, and so you need to play a broad range of hands.  Suited connectors, two face cards, any pair, and a single ace all warrant staying in the hand.

Trap aggressive players

As is the case in heads-up play, some people will become maniacs thinking they can get you to fold almost anything.  If you’re playing against this kind of opponent, look for opportunities where you can trap them. Getting a straight or a flush on the turn provides an excellent chance to let an opponent bet into you before hitting them with a huge re-raise.

Make opponents pay to see cards

One huge mistake players make against a heads-up opponent is not making them pay to see cards.  Even if you have a small pair, don’t be afraid to bet out and make your opponent call to what hits on the flop.

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Posted by CarbonPoker on 7th January 2010

poker dog watchOne bit of poker strategy that could definitely use a little more coverage is the concept of time management.  After all, you don’t hear too many people talking about how long a person should stay at a certain limit, how long a player should continue on before logging out during a losing session, or when a person should quit after a huge winning session.

But just because you don’t hear people talking a whole lot about time management in poker does not mean that it’s not important.  In fact, knowing how to effectively manage your time in poker is a crucial skill for those who want to become great players.

How long can you stay focused?

Forget all of your grand illusions about being able to grind for 12 hours a day, and just concentrate on your past for a second.  What is the longest poker session where you were able to stay focused the whole time while still hauling in a profit?  Better yet, think about what your average session is where you can play comfortably without getting bored or distracted.

It’s very important that you be honest with yourself here because there are too many poker players who lie to themselves when answering this question.  If you are a semi-professional player who can focus clearly for 4 straight hours, then this number will give you a good idea as to how long you should play during a big winning session or a bad day where the cards just aren’t falling your way.

Likewise, a recreational player who has a full-time job might only be able to play for 1 or 2 hours a day before losing concentration.  Whatever the case may be with you, make sure to stick with your average session as a guideline because playing too long can force some very poor decisions.

How long to stay at a certain limit

Another concept of time management is knowing how much time to spend at a certain limit before moving up.  For instance, if you are a $2/$4 Limit Hold’em player, and are hoping to move up to $3/$6 Limit Hold’em, you will need to look at your life.

For instance, if you have a 9 – 5 job and can dedicate two hours a day to the game, you should spend at least 4 months at the $2/$4 limit before moving up.  On the other hand, if you’re someone who has saved up enough money and has made the decision to become a semi-professional player, you can dedicate more time to learning the game and thus can probably move up within two months.

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