Monday, April 20, 2009

MTT's

Over the last week or two I've started playing some of the Multi Table (sit'n go) Tournaments on PokerStars. Since I made my cash deposit a few months ago I have predominantly been playing cash/ring games with a few of the large tournaments thrown in to try for a big score.

Having played APL for the last 2 years (almost), I enjoy the structure of tournaments and enjoy the thrill of taking on so many players ... as opposed to the grind of ring games. I came across the 90 man games on PokerStars and even tho the $1 level is a turbo, I thought I'd give it a go as the payoff is more worthwhile time-wise than the 45 man games. Whether it was beginner's luck or not, I finished my first tournament in second place pocketing $17. Since then I've had another 2nd place and a 7th.

I've also played in a few of the $2 90 man games that is not a turbo format, but hadn't done very well until last night. I was virtually out of the tournament half-way through but fought my way back to be chip leader when we were down to 2 tables left. Things seemed to be working for me and I comfortably made it down to the final 3 and had a good chip lead. I made a couple of mistakes that cost me dearly but still finished 2nd (I'm good at 2nd, not so good at first) and took home $33.

The costly "mistakes" were:

1. With about 7 players left on the final table, under the gun (who was short-stack) pushed all-in and another re-raised over the top for about half my stack when I was a blind. I had pocket queens, ummed and ahhed for a minute and decided to stay out the way. Under the gun turned over rubbish, the re-raiser turned over pocket 8's and the rubbish won. I could've taken them both out and chipped right up.

2. Three handed, I had ace 8, ace came on the flop so I bet, got one caller. Ace on the turn, I bet and get called, 8 on the river for my full-house, I bet and get re-raised. I think for a second and instead of pushing all-in which would knock out the smaller stack, I just call. He turns over 2nd pair for two pair. That player who likely would've called my re-raise and lost went on to win the tournament.

3. Heads up against the above player he raised strongly from the small blind. I have ace ten and just call. 3 diamonds come on the flop and I have the ten of diamonds. Being first to act I bet steadily on the first 2 streets and re-raises on the river. I have hit nothing including the flush draw so I have to fold. He turns over middle pair with suited 7, 8. I realise now that I should've either pushed all-in pre-flop and he likely would've given it up or I should've not got involved in the hand at all. Just calling was the weakest/worst play.

Still, lessons learned and happy with the $33 cash.

One final note, I was checking out the PokerStars blog to see how the EPT San Remo was coming along. If you don't already envy the life of the top poker stars, check out Maya the wife of Patrik Antonius ...


Sunday, April 5, 2009

The Poker Star

I came across an e-mail from PokerStars today about a new show coming to One HD called "The Poker Star". Being a big fan of shows live Survivor and The Apprentice a similar show about poker with Joe Hachem would be awesome (to be in, it probably won't rate well)!

I'm sure there will be a huge number of people auditioning but I'll definitely be playing in the freerolls trying to qualify for the tournament in Sydney.

To read more about the show, click on the title below.

One HD - The Poker Star - About the Show | Channel Ten

New to poker or been playing for while? It’s time to bring your poker face to the table as a new reality show is coming your way. The first series of The Poker Star launches soon, but the search for eleven contestants starts here.

It’s a journey beyond the table with World Series of Poker Champion, Joe Hachem where you will be challenged to see who really has what it takes to sky rocket to stardom as The Poker Star.

The winner will not only take home $100,000 in cash, but have a money can’t buy experience living as a poker pro – the right to participate in 4 multi-million dollar global tournaments, in places such as Monte Carlo and Las Vegas all sponsored by PokerStars.net and mentored by Joe Hachem.

There will be only ONE winner – The Poker Star.


Saturday, April 4, 2009

Online poker update

Earlier in the week I updated you on my APL progress, so today seems like the right time to update on my online progress. Last year I blogged about how I was trying to turn the $5 credit I won on PokerStars in to a bankroll. I played a couple of cash/ring games but mostly I was playing micro-stake tournaments. I built the credit to over $90 which was great, but then I started just playing 45 man turbo games because the games were quicker and the payouts were better. Unfortunately the turbo format doesn't really suit my tight style of play and a run of bubbles and non top 3 finishes meant that I wasn't getting the better returns anymore. Needless to say, the run ended and the credit was soon gone.

After a while of not playing as much online and then reading about Daniel Negreanu's personal micro-stakes challenge I decided to give it another go. I deposited AU$20 on to PokerStars which at the time gave me a starting point of US$12. Rather than playing tournaments, I decided to follow Daniel's advice/challenge and stick to cash games. Being more of a tournament player it took me a little while to adjust to the differences in the games, but I guess that was why I started at 1c/2c blinds. The micro-est of micros.

Once I got my account to $25, I moved up to the 2c/5c games. Now 3 days past 2 months since I first deposited the US$12, I have grown it to US$100 ... well, $99.36 to be precise. Its now time to move up to the 5c/10c games which I could've done a while back but felt that I still had more to learn. I got the account up to $90 a few weeks ago but after some poor sessions it was under $50 again. I've now built it back up and feel better about how I'm playing and the decisions I'm making.

Some of the lessons I've learnt from the lowest of micro-level online poker levels are:
  • You have to be able to fold strong hands (overpockets, straights, etc)
  • Unless you have a read on someone, if you get re-raised (especially on the river) you're likely beaten unless you have the nuts or close to it
  • Most people will play any suited cards, so there's usually someone chasing a flush or if there are 3 suited cards on the board, most of the time there's a flush out there
  • The best way to make money and get paid is to hit a set ... most players find it very hard to fold top pair
  • Many players don't worry about position, they're more concerned about the cards they have
  • Take notes on players at your table, they come in very handy (if not that game or that day, down the track)
I've also been playing a few of the lower limit large field tournaments. These are usually 50c or $1 tournament buy-ins and have anywhere from 1000 to 4000 players. Roughly the top 20% of players finish "in the money" but you have to make the final table to see a really good return on your investment.

My best result so far is a 61st placed finish in a field of 2600. The buy-in was only 50c so my "winning" was an unspectacular $2.08. As well as this, I think I've finished top 100 another 2 times. I looked up my stats on one of the poker websites and in the month of March I had a very good "in the money" rate of 56%. The return on investment was still slightly negative because I didn't get deep enough to get a good payout but that's something I can work on as I continue to build the bankroll higher.

So ... bring on the 5c/10c games.


Monday, March 30, 2009

APL update

Well, in my post at the end of 2008 I said that I would be going back to the APL State Finals next quarter but I have fallen just short of achieving that.

I didn't play that many games again this quarter, instead choosing to play more online. The two APL venues I played were Hotel Broadway on Monday night and my usual Shafston Hotel on Thursday night.

I started well at Broadway with a 2nd place finish in the 2nd week of the venue. After that, I made top 16 a couple of times but couldn't get back to the final table and score the big points. In the final month of the quarter I stopped playing when I was no longer in contention.

Shafston I got off to a slow start struggling to put any good performances on the board against the English language students and players who had a few too many drinks. Shafston is such a tough field because of the larger numbers and "colourful" characters that play the game. In the 3rd and 4th weeks I finish top 16, just off the final table the 4th week being an agonising bubble. I then found a bit of form (and of course luck) making two final tables in a row finishing 6th and 4th. This put me back in contention for the venue, needing to finish top 3 to make it to States. I had two poor results in the following weeks and a final table 5th in the last game of the quarter wasn't enough to get it done.

I finished in 6th place for the quarter at the Shafston, basically one win out of 3rd place. So close! Congratulations to my friends Jasmine and Ellen who came first and second respectively. Ellen, sorry for knocking you out of contention in the last game. :-)


Wednesday, March 25, 2009

The Top 10 Big Event Bad Beats

I dropped by PokerNews this morning to see what was happening and came across the following article that I thought was worth sharing. We've all had our fair share of bad beats, but here are the most historic. Click on the title below to read the full story.

The PokerNews Top 10: The Top 10 Big Event Bad Beats | PokerNews.com

Everyone has a bad beat story. Let's face it, everyone has a hundred. These bad beats, though, are the worst of the worst, the most bone-rattling, soul-crushing, and even history-changing beats ever dealt in the game of poker. Out of all the stories out there, these ten stand out in terms of severity, significance, and consequences. Take a look at our Top 10 Bad Beats.

10. Aaron Kanter vs. Greg Raymer, 2005 WSOP Main Event

With only 25 players remaining, Greg Raymer was trying to do the unthinkable—win back to back, massive-field WSOP Main Events — before being dealt a beat so crushing it might have made a lesser man leave the game forever. Dealt (K-Hearts)(K-Diamonds), Raymer made a standard opening raise and was called by Aaron Kanter, who held (Q-Hearts)(J-Hearts). The flop came down 6-5-3 rainbow and Raymer made a half-pot continuation bet. Kanter called. The (7-Hearts) on the turn put two hearts on the board and Raymer bet 330,000—again, about half the pot. Kanter raised to 900,000 and Raymer set him in for the 700,000 he had behind. Kanter called with only the flush draw but caught lightning in a bottle when the (2-Hearts) hit the river. Raymer's stack was decimated and Kanter doubled up. Had Raymer won that hand, he would have taken the chip lead. Instead, he was eliminated a short time later in 25th place.

9. John D'Agostino vs. Hoyt Corkins, 2004 U.S. Poker Championships

Both Hoyt Corkins and John D'Agostino were sitting on healthy stacks of 616,000 and 615,000, respectively, with six players remaining in the $10,000 Main Event of the U.S. Poker Championships. Though D'Agostino had arrived at the final table with an overwhelming chip lead, he had already suffered a few beats to more than halve his stack. With the action folded around to Corkins in the small blind, he made a bit of a wild move, moving in for his entire stack with (7-Hearts)(8-Diamonds). D'Agostino found two black tens in the big blind and called almost immediately, giving a little fist-pump when he saw Corkins' cards.

The flop, however, came down a disastrous (for D'Agostino) (J-Hearts)(7-Spades)(7-Clubs), making Corkins trips.

"I don't know how John D'Agostino didn't just kick the table over — that is stunning!" said ESPN's Norman Chad on the TV commentary.

To add even more insult to injury, the (7-Diamonds) hit the turn, making Corkins quads and leaving D'Agostino drawing stone dead. It took a few tries to get the correct count on Corkins' and D'Agostino's stacks and when all was said and done, D'Agostino was left with a single, red 1,000-denomination chip. So utterly punch-drunk not only by that beat but the series of beats that had taken him from top of the pack to all but out, D'Agostino let out his frustration by shoving his chips toward Corkins, knocking most of the stacks down in the process. Hey, a man can only take so much.

Thursday, March 19, 2009

LAPT Punta del Este

Its been AGES since my last blog, I know but I'll try and make up for that over this weekend.

In the meantime, congratulations to Assassinato (AKA Alex Fitzgerald, pictured below) for cashing in the LAPT event in Punta del Este. I'm a fan of Alex from his blog and have followed his progress for a little while now. He's struggled to do well in live events and I'm sure he'll be disappointed to not have gone further but it was a solid showing nonetheless in a field of 327. Hopefully this performance will give him the confidence to even better in his upcoming live tournaments.

Click on the title below to see a quick interview with Alex (before he busted) and read about the rest of the LAPT event.

LAPT Punta del Este: Level 15 live updates - PokerStars Poker Blog

Last update 5:01pm

5:01pm--Alex Fitzgerald and Edson Esquio eliminated back to back ($7,220)

Lisandro Gallo may get us to a final table before dinner. He knocked out both Alex Fitzgerald and Edson Esquio back to back in the lat hands before the break.

Alex Fitzgerald was short and in need of a double-up. Folded to him in the cut-off, he got it in with Jd-8d. Unfortunately for him, Lisandro Gallo woke up with big slick. The board blanked out and Fitzgerald exited in 32nd place.


Tuesday, February 17, 2009

PokerStars 25 Billionth Hand Prize

Five Players Split PokerStars 25 Billionth Hand Prize - Poker News

The 25,000,000,000 hand celebration at PokerStars got a little bit out of hand Monday morning. The online poker giant gave away hundreds of thousands of dollars over the weekend in anticipation of the milestone hand. Then on Monday morning all hell broke loose at a six-max $1/$2 Limit Omaha Hi-Lo table.

Six players were seated at the table but player “Confederate” decided to sit-out and not post his blinds. That decision cost him at least $20,000. That wasn’t the only drama though. With so many players online, and a PokerStars host alerting the players that the hand was being played at this table, the waiting list for a seat ballooned to 1,600 players. The sudden increase in traffic caused some server issues including the sudden disappearance of one of the players hands."

“NeonFrost” had been dealt cards but after the restart the cards were missing. PokerStars staff reviewed the situation and decided to award the prizes as if NeonFrost had played the hand out and he’s probably very happy that that decision was made. With the board showing 2 7 K A 7 NeonFrost would have made a queen-high flush and “tupapi777″ made a qualifying low.


The two winners split $100,000 cash and each will receive a prize package including a buy-in and travel allowance for the European Poker Tour Grand Final, the PokerStars Caribbean Adventure, the World Series of Poker Main Event and a World Championship of Online Poker ticket. The prize package alone is worth $50,000.

The three other players, “FrtSpnkdMn”, “na47j25s” and “chris12080, split $100,000 between them. Confederate received nothing.