Showing posts with label Micro Table Tips. Show all posts
Showing posts with label Micro Table Tips. Show all posts

Monday, April 7, 2008

Playing Poker | Rogues Gallery and Choosing a Table

I’ve left posting go for a few days while I’ve been hard at work on Party Poker recovering the money I lost at the end of last month. I really can’t afford the luxury of too many brain explosions like the poker session I last talked about because, given my playing style, it takes so darn long to claw it all back.

Nevertheless, I’m nearly there now notwithstanding last night’s marathon session in which I was down over half my buy-in before I finally shut up shop well after midnight having fought back to finish up with the tiniest of profits to show for my hard work. Beats a loss!

What I have seen over the last week is some very ordinary poker being played on just about every table I’ve opened at Party Poker. It could be that we’ve just had another flurry of newcomers lured to NL Texas Hold ‘Em. After all, new players are going to start out on the .02/.04 tables, aren’t they. Watching some of my opponents I would swear that they have had their Fold key disabled until after the River card is dealt

Rogues Gallery

The way things have been going recently, I’ve half a mind to publish a rogues gallery post of Party Poker players from my PokerTracker software who have a “Voluntarily Put Money In the Pot” percentage higher than 85% over a significant number of hands. The list wouldn’t be a short one, believe you me.

Ethical or not, these kinds of poker players are obviously looking for a lot of action and I figure I might be able to send them all the action they can handle. Maybe I’ll save it up for the end of the month – stay tuned.

Choosing Which Micro Stakes Table to Sit At

Here’s an interesting little question that I wouldn’t mind some interaction with. It will certainly affect how much money you win and how quickly you win it. How do you select which table you sit at?

When you open the Party Poker $5 NLHE cash tables you’re confronted with a long list of tables to choose from. Assuming you don’t have PokerTracker or similar software to identify the fish and calling stations and you have no player notes, what are the criteria by which you decide to sit down?

Personally, I tend to gravitate to the tables in which only 5 of the 10 seats are taken. I prefer a table that doesn’t have someone sitting on a really big stack (more than 2 x buy in) and preferably that plays over 100 hands per hour.

My reasoning is: my strategy is to sit down at a table, make a quick, small profit and move on. A short-handed table reduces the number of possible players in the pot (remember, micro stakes poker typically features a high proportion of multi-way pots) if I can pick up a good early hand I can avoid the hands with 4 or 5 callers who sometimes catch lightning. The presence of someone with a very large stake could mean 1 of 2 things. Either they’re a very canny poker player or, they have been wildly aggressive and have gotten lucky. Neither player suits my strategy terribly well. I’ll avoid rather than engage.

By the way, I generally only go for the random option when none of the players I’ve flagged as likely to leak money come up in my Player Search.

Does anyone out there have a specific method of choosing which table to sit down at? What about which seat you prefer to sit at once you get to the table – do you have a “lucky chair” or do you identify the obvious weak player and sit on their left?

Wednesday, February 20, 2008

Developing a Successful Micro Table Strategy

The good news is that it’s possible to develop a strategy for playing online poker at the micro stakes level. In fact, I’ve been doing it night after night at Party Poker, consistently finishing the night profitably and have been relentlessly increasing my bankroll.

Now for the news that won’t thrill you so much. We’re not talking outlandishly huge profits, in fact, they’re quite small on a daily basis. Progress is extremely slow and a lot of patience is required if you’re going to be a long-term winner. I concentrate on the smallest of the micro stakes games which are the $5 NLHE cash games at Party Poker. At these tables the blinds are .02/.04 so you can see that you’re not going to win huge chunks of cash no matter how well you play or how lucky you get.

At the micro stakes tables you come across a wide range of poker ability and yes, there are a few players out there who are quite good at detecting and exploiting the weaknesses of the inexperienced players. Naturally though, the number of these inexperienced players far outweigh the better players, that’s exactly why they’re playing on the micro stakes tables in the first place. Consequently there’s plenty of money available for the taking.

Money Management

Firstly a word on money management because the poker player who is savvy when it comes to protecting his bankroll is going to be more likely to come out ahead. Different strategies work for different people so I’m going to tell you the strategy that works for me.

Although the maximum buy-in is $5 I rarely, if ever, start with this amount. Instead I will buy-in with only $2. Now some people will be screaming at me here saying that I’m limiting my upside potential with such a small stack and that’s true. But I’m also achieving two goals by implementing a small buy-in strategy. First, I am limiting losses to only $2 – and when you’ve encountered some of the wild micro stakes play that I have you’ll appreciate my motives here – and second, I am sending a message to other players that I am a little on the passive side and may be prone to being pushed around. That’s exactly what I want them to think.

Table Presence

I rarely simply open up a table and immediately sit down and play the next hand dealt. Before starting to play I like to watch at least a couple of orbits to get an idea of the playing styles of my opponents. With products such as PokerTracker this process can be sped up by checking out your opponents past play but it’s unlikely that you’ve played against everyone at the table before so it’s still best to sit and watch. Pick out the guy who likes to push other players around and the guy who regularly calls his way to the river only to fold when his draw didn’t materialise. This knowledge could prove invaluable as you aim to make your profit from the table.

Now, what I’m about to say may seem a little counter-productive, but again there is some method to my madness. Within the first few hands I’m dealt I like to enter a pot with a small bet (limp or min raise). I’ll play the hand passively and, assuming I’m not sitting on the nuts, if I’m raised I will fold my hand. Gnerally, I’m trying to send the message that I can be pushed around by someone prepared to raise aggressively. This will serve me well later when I call or raise a bet.

What Works For Me

Every time I take an online seat at a micro stakes table my aim is to leave the table with a profit – I don’t care what the size of that profit is as long asI’m in positive territory. Consequently I have devised my own personal rule that the moment my stack climbs into profit, I leave the table. It doesn’t matter if it takes 2 hands or 200, or if the size of the profit is 0.10 or $2, I still consider it a profitable night. With enough time left I can always move on to another table and start the process over again. My aim is to keep the bankroll trending north and I’ve found that this is the most effective strategy, at least for me, to make that happen on the micro tables.

Thursday, February 14, 2008

The Difference with Micro Stakes Poker

On the one hand you have heard all the the theory in the world about the correct way to play No Limit Texas Hold Em. You need to calculate your pot odds, you work out your implied odds, you decide how much to raise to make calling very difficult for your opponent. Then on the other hand you have micro stakes poker table and all that fancy-schmancy tomfoolery mentioned above gets thrown straight out the window.

At the micro stakes NLHE tables you've got the occasional tight aggressive player who will only play his quality hands, usually pretty well with a solid pre-flop raise and a nice continuation bet. But he's the exception, vastly outnumbered by a motley assortment of wildly loose gamblers who compulsively play every hand with a limp or a call. Sometimes you'll get the raise at all costs aggressive bastard whose favourite move is to play back All-In at you whenever you raise. It's a wild ride of unexpected plays, atrocious bad beats and the most frustrating of senseless trips to the river only to drown on a 1-outer.

If you're planning on playing micro-stakes poker, don't expect that a pre-flop raise will thin the number of opponents down to 1 or 2. Oh no, my friend, at the micro tables you will regularly be playing 5 or more handed. And if the flop lands with a possible flush draw or a possible gutshot straight dra to your TPTK, well you ain't shaking anyone off easily. Y'see the odds against hitting that gutshot means nothing to the micro-fish.

The great news if you're planning a more traditional approach is that the micro table player is very easy to peg. They'll be flipping over all sorts of shit after calling with A-rag or they'll be folding after the river, obviously chasing a draw that didn't hit. As long as you're prepared to note the plays and keep your head when the inevitable bad beats come your way, you're going to come out ahead. It just may more of a grind than you're used to.

Oh, and one last thing. When a micro stakes dweller pushes All-in after the river, you can guarantee he's hit whatever he was chasing. Subtlety is NOT part of the micro stakes player's repertoire.