Monday, July 13, 2009

The Deal I Can't Forget

I cant stop thinking about this hand in Omaha on Saturday afternoon.  I flop top set and Sheldon flops a straight.  I was first to act into a $65 pot.  I pot it and Sheldon re-pots it and I call.  The pot is now close to $600.  We decide to deal and run the turn and river three times.  I boated on the first turn and Sheldon takes the next two runs.  I did the odds and it looks like I had the slight edge, so I should not have made the deal..  What would you have done?  Deal or no Deal?





Friday, July 10, 2009

Good Night of Omaha

It was a good night for me. I decided to fire up Poker Stars and play some Omaha online. I had about $160 left in my account from over a year ago, yes I have not played online in over a year. I was glad I had remembered my online name and the cash stayed in my account. I decided to give six handed, pot limit Omaha a try.

Hold'em online is way to tough. You have to be really patient and their are so many sharks that it is tough to make any money. It is a slow and painful game and I was never successful in the past, even with software that help me know who the sharks were.

On the other hand, Omaha has no such software and I think I have an edge. I still play tight and only the nuts. People are generally more loose, yet more tight when it comes to folding.. And lately, I have been doing well online. Let's see how it lasts. I had over $200 last night and got my account over $400 for the first time. I asked for a cash out and we'll see how it looks when I get a check. It will be my first time cashing out online.

After making my killing, I decided to head to the Retreat and play some round by round. I bought in for $200 and it was 2nd highest chip stack at the table. I played tight and lost to a short stack in holdem after he hit a set of 222s and I hit my King with AK. Shortly afterwards I got my money back from the same guy when I turned top set of 999s in Omaha. I think he had pocket Aces in the hole.

I hit another quad, 9999s in Omaha while in the small blind. I flop at set, the turn created a potential straight and I check it. The button pots it to $65 and I call. The river is the case 9 giving me quads. I push all in and he folds.. He said he had straight draw and flush draw... I think this is like the 4th time I have hit Quad nines..

In Hold'em I get pocket Aces in the Big Blind. Three people in front of me limp in and I raise to $45. Everyone folds except one short stack. He pushes all-in for another $15. I hit a set of Aces on the flop and he never shows.. German (Mike) comments, "and you still get action.." Knowing that when I raises it, I usually have the nuts and most people know this about me, yet I still get action.. I say, "It's because some people can't resist cracking me, even tough they know I have them beat.."

The very next hand I get pocket Queens. One guy raises it infront of me $17 and I re-raise to $45. This time everyone respects my raise and folds. The raiser folds, saying he had Jacks.. He also says that I only play 3 hands. Aces, Kinds and Queens.. Now that is respect, good fold!

Today marks 12 straight winning months for me.. I have not had a losing month in poker in over a year! There were some close months, but I still made some gains. Poker is tough to make money in. Alwasy believe that and quit while you are ahead...


Tuesday, July 7, 2009

Four Basic Poker Skills For Being Successful At Making Money

Poker sharks are commonly described as tight and aggressive: "Poker pros do not play many hands, but when they play them, they play them like they have the nuts."  A solid poker player is one who has mastered the following four key skills of poker.

Skill #1: Mathematics

• A solid poker player knows the general probabilities of the game. For example, they know that you have about 1 in 8.5 chance of hitting a set when holding a pocket pair, and that you have about a 1 in 3 chance of completing a flopped flush draw by the river.

• Good players understand the importance of outs. Outs are simply the number of cards that will improve your hand. Count your outs, multiply them by two, and add one, and that's roughly the percentage shot you have at hitting.

• Good players can figure out the pot odds. Knowing outs is meaningless unless it's translated into rational, calculated betting. Knowing you have a 20% chance of hitting, what do you do then? If you're not sure, check out our Pot Odds article.

• Math skills are the most basic knowledge; it's day-one reading. Anyone who doesn't understand these concepts should not play in a game for real money until they do.

Skill #2: Discipline

• Good poker players demand an advantage. What separates a winning poker player from a fish is that a fish does not expect to win, while a poker player does. A fish is happy playing craps, roulette, or the slots; he just hopes to get lucky. A poker player does not hope to get lucky. He just hopes others don't get lucky.

• Good poker players understand that a different game requires a different discipline. A disciplined no-limit player can be a foolish limit player and vice versa. For example, a disciplined limit hold'em player has solid preflop skills. When there is not much action preflop, he or she only plays the better hands. When a lot of people are limping in, he or she will make a loose call with a suited connector or other speculative hand.

• A disciplined player knows when to play and when to quit. He recognizes when he is on tilt and is aware when a game is too juicy to just quit while ahead.

• A disciplined player knows that he is not perfect. When a disciplined player makes a mistake, he learns. He does not blame others. He does not cry. He learns from the mistake and moves on.

• A disciplined player knows when to flod em.  Sometimes when you are beat, you are beat and have to make big lay downs.

Skill #3: Psychology

• A good player is not a self-centered player. He may be the biggest SOB you know. He may not care about anyone but himself, and he may enjoy stealing food from the poor. However, when a poker pro walks into a poker room, he always empathizes with his opponents. He tries to think what they think and understand the decisions they make and why they make them. The poker pro always tries to have an answer to these questions:

1. What does my opponent have?
2. What does my opponent think I have?
3. What does my opponent think I think he has?

• Knowing the answer to these questions is the first step, manipulating the answers is the second and more important step. Suppose that you have a pair of kings and your opponent has a pair of aces. If you both know what the other has, and you both know that you know what the other has, then why play a game of poker? A poker pro manipulates the answers to questions #2 and #3 by slowplaying, fastplaying, and bluffing in order to throw his opponent off.

• Good poker players know that psychology is much more important in a no-limit game than in a limit game. Limit games often turn into math battles, while no-limit games carry a strong psychology component. Thus, poker tells are much more important in no-limit games.

Skill #4: Understanding Risk vs. Reward

• Pot odds and demanding an advantage fall into this category. Poker players are willing to take a long-shot risk if the reward is high enough, but only if the expected return is higher than the risk.

• More importantly, they understand the risk-vs.-reward nature of the game outside of the actual poker room. They know how much bank they need to play, and how much money they need in reserve to cover other expenses in life.

• Good poker players understand they need to be more risk-averse with their overall bankroll than their stack at the table.

When you play in an individual game, you must value every chip equally at the table. You should only care about making correct plays. If you buy in for $10, you should be okay with taking a 52% chance of doubling up to $20 if it means a 48% chance of losing your $10.

However, you should be risk-averse with your overall bankroll. You need to have enough money so that any day at the tables will not affect your bankroll too much. If you worry too much about losing, then you will make mistakes at the table. You need to leave yourself with the chance to fight another day.



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Sunday, July 5, 2009

Does Birth Order Shape Our Personalities?

Scientists the world over have spent countless words and oceans of ink debating the issue of nature versus nurture. But how your child develops might have as much to do with the order in which they were born, as it does with their genes or environment.

Alfred Adler, a contemporary of Freud and Jung, first put forth the idea, claiming that when a child is born deeply impacts their personality. According to Adler …

Eldest children are socially dominant, highly intellectual, and extremely conscientious. Unfortunately, they’re also less open to new ideas, and prone to perfectionism and people pleasing—the result of losing both parents’ undivided attention at an early age, and working throughout their lives to get it back.

Middle children, sandwiched between older and younger siblings, often develop a competitive nature,making them natural entrepreneurs later in life. They tend to be the most diplomatic and flexible members of the family and often, eager for parental praise, develop musical or academic gifts.

Youngest children, according to birth order theory, tend to be dependent and selfish—as they’re used to others providing for them. But despite the negatives, they’re also quite often the life of the party—fun, confident, and comfortable entertaining others.

And only children? Like last borns, they are regularly spoiled, according to Adler, and have a hard time when they don’t get their own way. School can be a particularly difficult transition, as they’re used to being the center of the familial universe. But all that parental focus pays off. Only children are often mature for their age. They wow people with their vocabularies and their comfort in adult circles. Plus, all that self-entertaining fosters creativity.

Adler’s theories have been debated for generations. Whether they’re scientifically sound or not much more than hogwash, muse about them as you raise your children. And regardless of when they were born, help each of your kids recognize what makes them unique and resist the urge to compare them to their siblings. That’s sure to make every member of your family thrive.

Related Stories:
Take The Birth Oder Quiz
Hey Baby, What’s Your Birth Order?

Wednesday, July 1, 2009

Palace Poker Robbed

This is my most favorite place to play poker in Flint, MI.  It was robbed last night and the guy was shot dead by a retired police man playing there.









(07/01/09) -- A shooting at a Burton poker room has left one person dead.

ABC12's Marc Jacobson says an unidentified gunman began shooting through the glass in the front of the Palace Poker Room in the 1100 block of Bristol Road at around 1 this morning.

A witness says the masked man, armed with a shotgun, shot out the front door of the building, walked in and fired at least one round into the ceiling.

The gunman told the 30-60 people inside to hit the floor.

More rounds were fired before a retired police officer, who was armed, shot and killed the gunman.

Police believe the gunman could be the same person who robbed the poker room last month.

No other injuries have been reported.