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Try playing the "Double or Nothing" games. You start with 10, play down to 5 and whoever is left doubles their investment. I find it the least stressful way to make a buck. I worked my way up to the point that I now play 13 x $10 tables at once, takes about 45 minutes (NB - You have to work your way up to this, do not try this at home, yet), and make about $1000-$1500 a month in my spare time, not enough to live off but good beer money or useful for paying unplanned bills. A lot of people do this and the usual win rate is about 56-58%, and trust me even when you go through streaks when you win 80% of your games, you run into pocket aces again and again and again and your win rate drops back to 57%.

Also remember, do not play for serious money until you have played 250,000 hands.
 

I have heard that DoNs are very soft, although I've never played them. If you only need to make the top half, then I'd imagine there would be few all-ins and people would be playing very conservatively, which is very exploitable.

And what do you mean by "serious money"?
 
To an extent they are soft. I cant win on cash games and I'm only an average tournament player, but I'm up a healthy amount on DorN's. What people need to understand is that playing them is a different art to tournys or cash games

EG - 6 people left, blinds 300-600 60 ante

You - 1500 Ace, Ace
Seat 2 - 470
Seat 3 - 340
Seat 4 - 250
Seat 5 - 160 Blinded in
Seat 6 - 10000 BB 600

Pot - 1060

Sounds crazy, but I'm folding my Aces, under the gun, preflop. I'm going to get called by seat 6, meaning I'm a 14% chance of losing. If I fold the chances of someone being eliminated before I get blinded out are about 97%. I'll take the 97%. A lot of the time late in the game what other peoples chip stacks are, compared to your own is more important than the two cards you are holding.

I move all in with 4-6, but fold A-K instead of calling, sounds nuts, but I'm winning. My basic strategy is to wait until the blinds hit 75-150 and then become very aggressive, moving allin often to steal blinds, until I feel safe enough to sit back a while. In the first 20 minutes I'm a very passive player, I'll only play monster pots when I'm holding a monster hand. There really isnt much rocket science to it, I win because I dont think much.

The key to playing them is how many tables you can play at once. No matter how good you are you are going to win about 58% of your games, meaning for a $10 game your yield is about $1-$1.20 a game. That is a skill that is acquired, I can play 13 games at once, although I'm now trialling 15. The other thing, as you are seeing so many hands you are going to see everything, and I mean, everything and this can be frustrating. I was once eliminated in three games in one minute on a sextuple runner, keeping your cool is also a strength (One I need to improve).

As for playing for "real money", I guess what they are saying is only play amounts that are meaningful for you once you've played 250,000 hands. You are not going to get hurt playing $5 tournaments, but if you are losing a few hundred a week, and you cant afford that, then you really should stop. I only became profitable around the 250,000 hand mark.
 
Clubber,
you are onto it...
My mate was doing real real well in the double or nothings, and he played the same way you do...
I rarely play texas anymore online... I will put aside $200 for texas in the SCOOP (spring championship of online poker)...
I think its 10 million guaranteed series...
its coming up in April and would have to be the second biggest series online after the WCOOP...
Im playing in the PLO Hi low... and will roll myself into the $1050US Tornament if they run it again...

What a treat this game has been...

anyone else playing Pot limit Hi low, or No limit hi low?

.^sc
 

And this an important knowing.
 
Also remember, do not play for serious money until you have played 250,000 hands.
Click to expand...

Generalisations don't apply the everyone. It may or may not be an accurate average, but it's certain that individual experiences will vary greatly.

I move all in with 4-6, but fold A-K instead of calling, sounds nuts, but I'm winning.
Click to expand...

It's just fold equity. Typical bubble stuff.

Wysiwyg said:
The difference being someone calls your bluff and you get knocked out.
Click to expand...

That's a risk, and your analysis of calling ranges will determine what you push. Ah, the jouy of pushing any 2 on the bubble in a sit'n go . Of course, by mid '05 the fish started to catch on (or at least get fed up) and call or push more regularly. No idea what it is like now.
 

250K hands??

This is a silly statement. You should play within your bankroll - how much money you should risk depends on how much you have.

When I started in 2008, I had a $50 poker bankroll, so I played 2NL (no limit hold'em with 1c/2c blinds), buying in for $2 at a time. Now I have about $4K and play 50NL, buying in for $50 at a time, and I'm hoping to move up 100NL shortly. If you do the math, I'm playing with a smaller percentage of my bankroll now than when I first started.

There are some generally accepted guidelines for bankroll management. For no limit hold'em cash games the generally accepted amount is around 20-25 buyins. So if you have $250, you shouldn't be playing games where you buy in for more than $10. That means 10NL. For SNGs its something like 50 buy-ins, and for multi-table tournaments its more like 100 buy-ins.

However, at the end of the day, how big your bankroll needs to be for your stakes is a personal decision. In cash games, some highly skilled players who cashed out and are moving back up through stakes they know they can beat might get away with 10-15 buy-ins, while professional players who need to withdraw every month for living expenses probably need closer to 100 buy-ins at their regular stakes to withstand the inevitable downswings they'll have to endure.

Me, I don't need to withdraw, but I'm conservative with my roll because I don't intend to go broke. I'm still at 50NL even though most players with my bankroll would be at least at 100NL, because I'm not convinced I can really crush 50NL yet. Hopefully not long now though!
 
Anyone here play on Full Tilt and tried their new "Rush Poker"?

Looks like a lot of fun, but I wouldn't really call it poker.
 
Hey Pivotonain,
Im not on fulltilt but I might consider playing in ftops...
everything you say is correct for following standard guidelines...
...
it seems that you have a very sound system... we all have our own...
last year I built up 2k in 3wks from $100 playing omaha hi low, and got greedy chasing bigger money and it cost me my whole bank roll...... I lost it on the cash tables playing my style, which comes up as super tilt on sharkscope...
it works, but I found that it didnt work on cash tables...
its good... im going to the WSOP main event series next year...
this years goals 50k us online... def possible in omaha hi low......

The only thing I have to add is....
Play in tornaments with many players... that way you leverage your returns...

alright... back to the $5.50 torny... we are down to 4 players from 400 plus field...

.^sc
 
damn... I just went out 4th ... got $160ish
I love my job.... between this and the shares, life is great...
I might even come to Australia for a holiday soon...

.^sc
 

folding pocket aces pre flop! Are you alright?

I understand folding pocket aces on the flop if it comes out K,K,Q or something like that but not preflop.

If you play with the players i play with you'll be officially a donkey and you'll be out first hand if you go all in with 4,6


Anyone here play facebook poker. You get good players considering they're free games
 
I had a go at this last year to no avail. I didn't catch on till later that I was folding against good bluffers. One particular player accumulates the largest bank roll and I noticed he often wins without even having to show his cards. When he did have to lay them down he more often than not had the b.s. hand.

I thought he couldn't have so many good hands so I believe he was reading the players calls and squeezing any weakness he perceived. If he had a good hand that was a bonus in his strategy.

He was skilled at playing poker. Not in a game where the best hand wins, but in a game where fear is a profitable exploit.
 
Wysiwyg, that's standard big stack bullying. This is all pretty standard :.
 
Sorry for the sidetrack guys.

Is it possible to build a positive expectancy poker system?

e.g. based on how much you are risking VS the likelihood of winning the pot?
I know you don't know what cards the other's have, but you should be able to come up with some estimates based on your hand and the community cards.

Then, as long as your bet gave an overall % expectancy you would play.

Obviously in No Limit games a big better would blow your formula up and you would fold.

anyway, just a thought.
 
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