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Archive for May, 2009

May 31 – Steak Really Is Delicious

Posted by SplitSuit On May - 31 - 2009

So woke up Friday and got some chores done before trying to get a coaching session done. Had some technical difficulities, so had to push it back, but it gave me some extra time to get some work done before I headed down to the strip. Got down to the strip (parked at Venetian) about 6p or so, and went to meet my staker to get contracts signed and money. Decided to walk it as it was a nice cool day (cool being 90*) and enjoy the nice day as I hadn’t walked from Venetian to the B before and it was only like a 25 minute stroll. It was my first time at the Bellagio, so I walked around for a bit, and then headed back to the Venetian to put in my first session at 2/5NL on stake.

Pretty uneventful night. Only big pot was getting it aipf with AK and winning a coinflip against a nutters QQ. Apparently he felt that was reason enough to go on mega lifetilt. So he reloaded to $1K, and started squeezing to $200 whenever he could, and open raising to like $80. Saddly, I went super card dead for the rest of the night and on top of that, the nutter took the seat to my left while I was in the bathroom…FML

Woke up early on Saturday to get some cleaning done. The house was getting shown today (renting this one and upgrading) so it had to be spotless. I didn’t mind really because I am a super clean nit. So it feels good to have the bathroom immaculate and the carpets clear of dog hair. Got some feedback on my first product, and then took a shower and headed back to Venetian.

Good news for me, as I take my seat I see the same nutter from last night sit down at my table. HURRAY! I even get position on him after an hour (cuz I am a nit and will play musical chairs if I need to). However, I really get no spots at all. Only real hand was I overlimp 3 limpers with T9s, nutters ($1.4K) raises to $30 OTB, everyone calls (I have $600). Flop is Td 8s 5s. Checks to me, I check cuz nutter hates to not CB, a rando ($320) bets $65, nutter calls, folds to me, I make it $260, everyone folds. Nothing eventful, and I left a few hours later cuz the nutter was slowing down and I was tired.

I realized that I literally have no connection what so ever to money when I play. After the session I do sometimes, but while I’m playing, I see everything in terms of bigblinds. It is a very necessary skill, and I am glad I have it. So that will probably be it for live play for a lil bit as I’ll be back in Boston next weekend, and the following. O well. Hope all is well everyone =)

*SS*

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May 28 – mmmmmmm…..Steak!

Posted by SplitSuit On May - 28 - 2009

So work has been going very well. Did some restructuring today, and have been finalizing the product as well. Feels good to be going in the right direction. I start my live stake tomorrow, so I can finally start grinding more live. So fingers crossed I get a good jump on it and maybe I’ll be at 5/10 sooner than later =)

Other than that, it’s nice to have my car back in shape again. I always feel like a bum if I cannot use my car for any reason. Though I also feel isolated if my Internet isn’t working at any given time, so I think it’s just more that I need the option at all times. I really think that is a side-effect of our generation. We need connectivity and options at all times, we are the generation of Internet and customization, so I suppose it isn’t that surprising.

I am also going back to Boston in a week. My sister is graduating highschool and then her birthday is a week later, so I’ll be around for that, and head back to Vegas in mid June. Kind of sucks because those are great grind weeks, and also kind of imperative to the product launch, but I will still be hustling. Will be good to see family again, as it feels like awhile (even though it’s only been a month, lol)

And here is a random playlist I’ve been listening to for the last few hours. Thank you ForGlory for the find on Justice =)

*SS*

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May 27 – Bills Are Stupid

Posted by SplitSuit On May - 27 - 2009

Lucky for me that burrito did not give me food poisoning! Crisis averted. I still took Sunday pretty easy and then starting hitting the horse hard again on Monday. Had a quick student on Monday and then started doing a lot of product development for the new business. Afterwards I got to do a little logo design and other graphical work (which I love doing), and it felt good to exercise some of my creative brain…the poor right side of my brain gets no action sometimes.

*The Logo*
pure logo
*The Logo*

Also got all my errands done today (bills paid, mail sent, appointments made, etc) which felt good. I sometimes have the really bad habit of forgetting to pay bills. Not because I cannot afford them, I just let my ADD get the best of me, and before I know it’s 2 months later than I remember it being. O well, they always get paid which is all that matters.

One of the appointments I made was for my car window to get fixed on Wednesday. I have to wake up at like 6a to get there in time, which is just insanity. I don’t think I have seen 6a by choice in almost 2 months…gross. This is why I can never get a traditional 9-5, I would never get to work on time =) Ok…that’s just one of the many factors, and one I probably shouldn’t share with my mother lol.

I’ve also thought of some awesome blog posts for the near future. I want to start doing some hand analysis and also a little off-topic thought stuff. I want to use this blog for as much random junk as possible, so if you have any ideas, fire away =)

Hope all is well everyone

*SS*

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May 23 – Down On The Strip…

Posted by SplitSuit On May - 23 - 2009

So I picked up my Uncle and Aunt from the airport on Thursday, dropped their stuff off at their hotel, and grabbed lunch at the cafe at the Monte Carlo (terrible casino imo). Lunch was good (buffalo shrimp wrap ftw) and nice to catch up as I hadn’t seen either of them in a few months. So I went to drop them off, but their hotel room wasn’t quite ready yet, so I stayed with them while they played slots for a bit.

I noticed something very scary…I get a gambling itch from being around that. For those that don’t know, I had a little gambling issue my freshman/sophomore year of college. I spent way too much time in the pits, noticed I had a nasty lil addiction, and it took me about 3 months to really work through it and control it. I haven’t made a -EV bet (no scratch-offs, craps, pits, etc) in almost 3 years now, and I’m very proud of that. However, even having the small urge to do something as silly (imo anyway) as play slots made me nervous. So I didn’t stay too long before heading back home.

Friday, after getting some coaching and work done, Chris and I headed down to the strip. We were parking the car to meet my Aunt and Uncle at the Monte Carlo and as we are walking away from the car we notice that my window was going down, by itself. Kind of odd to say the least, so I got back in my car, started it, and tried to put my window up to no avail. Ended up doing valet just so I didn’t have to be as worried about theft, and then went to dinner (window is still busted ftr, and on top of that with how well I run, it’s a long weekend with the holiday so I have to wait even longer to get it working!).

Had dinner over at Mon Ami Gabi at Paris (had muscles, and probably the best salmon I’ve ever had in my life) and met some of my Uncle’s friends. Very cool people (all about 20 years older than myself) and it was funny watching the conversation progress. After that, Chris and I cut out, walked the strip for a bit, and then jumped over to Venetian to grind out for a bit. Only played for like 2 hours because I wasn’t feeling very well and ran super like usual. For a $600 pot I get ai on the turn with QT on Kh Jd 9c 7d and lose to KQdd, cuz wtf why not? I run a nice float and double stab, and of course run into a set (like 10% of his range, and the only part that doesn’t fold everytime). -1.5BI or so, which was frustrating being I ran like hell for my last 2 orbits.

And with that, I’m feeling like crap. I ate a burrito from like 4 days ago (it was in the fridge the whole time, but not wrapped) and my body is hating me. Probably just going to write some more of my book (this is starting to remind me of the Stewie+Brian sketch on Family Guy about “that novel”, lol) and pass out. Hope all is well everyone =)

*SS*

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May 21 – I Might Sell My Soul

Posted by SplitSuit On May - 21 - 2009

So the week has been pretty uneventful and actually pretty slow with work, which is a nice change of pace actually. We have been doing more idea generation for work-arounds than anything else and I think we have found some amazing solutions for the business. So fingers crossed they work like we think they will work, and better yet, that they don’t interfere with each other during integration.

I also had a few coaching sessions this week which went well. I’m catching my poker itch again at the perfect time (Series time) so I plan on putting in at least one session this weekend at the Venetian and then probably a few online. I’m not sure why, but I enjoy live for a certain amount of time per week. There is just something so easy about watching a person and understanding exactly how they’re going to react.

Also, in catching my poker itch, I think it might very close to time for a personal (if not 2p2) challenge. I would like to push myself to get SuperNova in 2mo flat. I could do this by 500K hands at 50NL, 350K hands at 100NL, or about 270K hands at 200NL. I am considering SS-ing for this. I have a full chart that I created that is +EV to about .7PT/100 and is very barebones…So I think with some adaptation it could get me to 1.2PT/100 which is about $75/hr at 200NL (24tabling) before bonuses. So I could crank SN out, make a decent amount of money while doing so, and only hate life for 2mo =)

I don’t know yet, we’ll see how the business stuff is going at that point. I obviously cannot do that now as business is taking up like 12hrs/day, but maybe in the future after launch that could be a possibility.

Ok, that is all for me today. I’m off to the airport to pick up my Aunt/Uncle and do lunch. If anyone is at the Venentian on Friday night, I always wear my SplitSuit hoodie (I have my logo on my chest and also on my wrists), so say “hi” =)

Hope all is well everyone

*SS*

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May 18 – I Play Poker As A Profession

Posted by SplitSuit On May - 18 - 2009

So being that I do play poker as a profession, I have decided to start playing more poker (odd, right?). Actually played in a very interesting home game the other day that was shorthanded (by far my weakest style of play being I am a FR player). I played with a HU specialist and an MTT player who has had some solid live results. We played 3 handed and averaged about 600bb deep at all times. I got into so many new spots that I just cannot get into at FR (not that that is a terrible thing, lol) and we played hands face up every hand afterwards. So we played for about 4 hours, but about 2 hours of it was spent talking through strategy and alt lines…very good I will say.

So without going through every hand and how much my poker brain expanded from that game (I learned how to compartmentalize hands shorthanded the same way I already do at FR, which is a ridiculous strength imo)…some very fun pots were had. I called a 500bb over bet into a 350bb pot with 33 on an AcQc6dJdJh, I check-shipped J-hi a few times, and got into some other fun spots. So this got my poker juices flowing again so my friend and I went down to the Venetian today and put in a few hours of live play.

I got onto a pretty decent table and for once stayed at it the whole time. I just played 1/2NL (as my live stake for 2/5NL doesn’t start for a week or so) and got my image wet pretty quickly. I complete/called K7cc from the SB about 130bb deep. I end up stacking AK off on a K74 flop. I ISO a dude, get a few callers with QJdd. Flop QJ5, and I stack down some dudes oddly played AA. Don’t ask me why, but people just assume if you raise a lot or get to SD a few times that you are loose…they just don’t consider the hands you are showing down or the pot sizes you are creating with XX hand. So I get kind of deep with a few guys (who I just so happen to have position on) and some fun hands come up.

I ISO KT, hit AKT in a MW pot and stack down to a 70bb stack. I have AA that i have to fold in an odd spot on a J982 board. Then my favorite hand was I knock 54cc in the BB in a 5 way pot. Flop K59r. I fire $6, UTG raises to $16 (LOL), callstation (guy from the AK/K7 hand) calls, all fold to me and I call. Turn is a 4x, I check (awesome spot imo to check, trap in the callstation money and still stack off UTG’s KQ). UTG bets $25, callstation folds (WTF?), I raise to $69, he jams($180 total), I snap. River J, he shows KJ, I giggle cuz thats how I run.

And here is a fun hand that I am interested to hear what people want me to do. UTG (tight raise range imo) opens to $20, 2 callers to me, I call JJ in the BB. Flop J55. I check, fire $20 by UTG (LOL again, with about $300), 1 fold, an awkwardly tight guy minR’s (leaving himself about $110 back), I call (and cover) and UTG calls. Turn is the 2nd worst card in the deck, the J. I donk out for $39, get 2 callers. River is a lame 9, Hero…?

It really looks like UTG has QQ+, and the other dude has QQ or 5x. So what’s the line? If people respond, I’ll give my thoughts and action.

But nice to get on the bad side of a few spots and still go +2BI. Hope all is well everyone

*SS*

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May 15 – And It Continues On…

Posted by SplitSuit On May - 15 - 2009

I hate writing blog posts when I feel like I have nothing new or awesome to say, but I also hate not updating…so here it goes.

Work continues. We are getting so much done right now it is sickening…and the greatest thing is that even if this business fails out, at least we have such a springboard for the next business. It is kind of odd to think that at this age I have a sick understanding of such a wide range of business aspects. This is in no way a brag, just something that I am constantly trying to improve on but is cool to me.

So something I have been thinking about lately is the concept of money. Now I am going to say something that 90% of readers will disagree with, but I truly believe it with the given conditions. Ok, here we go…

“Money does not exist”

The conditions being 1.) you are intelligent and 2.) you do not have a 9-5. Now, the obvious thought after giving those conditions is that “well no shit money doesn’t exist, you aren’t making any, ldo”. However, assuming you can make cost of living doing something that doesn’t take up 40+ hours of your week, you have the ability to make money appear. You have the time to create a business. You have the ability to create a business. You don’t have the stress of the 9-5 that doesn’t only take up 40+ hours a week, but it also drains into your real life with stress and such.

There is obviously more to it, but that is the general thought. Thoughts?

And to finish up this post, here is a playlist of rap stuff I put together last night (the Eminem v. Royce da 5’9″ battle at the end is sooooooo sick and classic). Enjoy!

*SS*

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Things That Make You And Me Different (by: SplitSuit)

Posted by SplitSuit On May - 13 - 2009

This is not meant to be a braggadocios paper. This is meant to be a constructive paper to be used, in conjunction with other materials, to help you work towards being a better poker player. There is a very good chance that this paper will provide you with some considerations that would be beneficial off the table as well, and that is only slightly intentional. So with that as an introduction, let’s get started.

There are many things that make me different from you, and conversely, you different from me. Is everything I do better than what you do? Not by any stretch. And the most important thing to take away from that is that everything you do is not better than what others do. Life is a game. There is a start, there is an end, and there are a million different paths to walk from birth to death. However, there are certainly some paths, or styles of walking, that will make for an easier journey…and it is that jaunt that I want to talk about.

The first thing I do that most people don’t is think. And think in depth. Do you think? My guess is if you can read this you can, and if you are still reading, then you have an interest in thinking. But do you think in depth? The average person does not. Thinking in depth means that you don’t just come across information, internalize it, and then do with it what you feel is most profitable. Thinking in depth means you come across information, ask questions, formulate hypothesises, test hypothesises, ask more questions, consider more answers, and finally, draw a conclusion that is either definite or a factual opinion. But what does this have to do with poker?

Everything. If you cannot think in depth, you will reach a ceiling in your career quickly. Reaching a ceiling in poker generally means your WR has hit a similar ceiling. Thinking in depth will generally allow you to keep one step ahead of your opponents, which creates profit. Does this mean you should read up on 38th level bluffing and game-theory decisions based on the second-hand of a watch when you are playing 25NL? No. What it means is that you should constantly be keeping up on the most pertinent information for your game, your opponents, and your style…while also learning and considering different styles.

How else can you use thinking other than in game? Lots of ways. The biggest way is reading and off-table studying. I am in a very privileged position to be able to coach a game that I love…this necessitates thinking and also teaching. But most of all thinking. Thinking about putting into words why a CR with a FD on the turn with FE can be more profitable than just a c/c. Thinking about why I might want to flat call TT preflop rather than 3b a certain player. Just because I am coaching does not mean I should be the only one doing this. You should constantly be reading posts and hands and thinking “this player said a good line here is a CB/fold…why?”

I think in terms of 3 letters rather than 4. What does this mean? It means I think in terms of the “why” whereas most people think in only in terms of the “what”. For Americans (and I have no basis of this in other countries) I cannot fault you for this. Your education system has taught you to be results oriented. You have been taught to memorize that the sky is blue, that 2+2 = 4, and that a rhombus is a 4 sided figure with crooked-line sides. You were not taught to think about the why, just memorize and regurgitate answers when tested. This doesnt mean that you don’t consider the why, it just means you were forced to focus on the what, and then praised for that…so you repeated the action. Critical reasoning and logic are not major subjects taught in American schools and the country suffers because of that, and thus, you suffer.

Does that mean that I have always been logically minded? Good God no. I didn’t become logical until I was 19…and I would argue that I still have lots of work to do in acting upon logic rather than just thinking that way. How did I become logical? Well I was lucky to be in college and have my brain still be developing. I took lots of classes in math and business which taught a lot of theory and reasoning. So you are 28, out of college, and don’t enjoy theory…are you screwed? Not even close, and your brain is still developing too! The brain is a muscle and like trying to increase your biceps, you need to exercise it….and often. This is where thinking comes into place. Constantly be questioning. Question people better than you (be respectful of course)…do not just take things for fact.

The last sentence is why poker has remained profitable over the last 20 years. Poker books began hitting the market and lots of pros thought that would be the end of the profitable poker era. But what good is it if someone reads a book without thinking? So they learn to semi-bluff by CR-ing Fds…but is that going to make them super profitable? No. They will not understand the principle behind that CR (creating FE, having decent equity if given action, and blur our meta-range)…they will just know “I have a flushdraw, he bet, page 82 tells me to CR!” How does that relate to you?

How many times have you read “never fold KK preflop” “never fold a set on the flop” or “never minraise”? Probably more than you would care to admit. And how many of you saw 10+ people say it, and thought “well, that must be the right answer because XXXXX and YYYYYY said it…so I’ll take it as gospel and start winning mad dollars!”? That is wrong. You should ask why they are saying that. Consider some spots where maybe folding a set could be right, and then make your own assumptions. But what if your mental took-kit isn’t good enough to make the correct decision? ASK QUESTIONS AND KEEP QUESTIONING UNTIL YOU GET IT!

So now that I have beat that horse to death, spit on it, and then cranked on it a bit more (obviously done for a reason hint hint), let’s move onto another subject. Something that I do that you might not is figure out how to beat myself. I believe it was Michael Jordan who said that he became twice the player he was because he spent hours learning how to exploit his own actions. Find the best, learn to beat the best, become the best. Simple. When I started playing seriously I was playing 100NL as a 12/7 ATS 24%. My WR wasn’t as high as I thought it could be, but I also noticed quite a few other people running these numbers, so I figured if I was going to understand their ranges, I could simply explore my own.

In this simple exploration I found some leaks I had (hand selection from certain spots, stack off ranges, etc) and realized a lot of my similar-style opponents were doing the same thing (we were constantly shipping set v OP back and forth to eachother). So I spent 2 months learning how to beat not only me, but every other “me” out there. In doing this, I solidified my own game, fixed some leaks, and learned a whole new style at the same time. Within 3 months I was playing 14/12 ATS 38% and had double the WR. All from spending some time learning how to play against myself. This is still something I do every few months. I have solidified quite a bit of my flop and river game thanks to it, and am constantly striving at being the best at any table I ever sit at.

In looking to improve myself, I also removed my ego and admit my every fault. Why is this important? Poker has no room for penis in it. My ego does nothing but hurt me at a table. Either I have an enlarged ego and I make incorrect decisions based around that, or I have a self-confidence issue that gives me a losing attitude. But if I remove all ego then I remove a huge results-measuring platform. My winning or losing doesn’t effect me because there is nothing to judge it against. I do not need to kill every person at the table. I do not feel I am going to get killed by anyone either. If I lose I am happy so long as I played well and if I win I am happy so long as I played well.

I also admit my faults. I am not the best at everything, but I am constantly striving to be. I know that I have areas of my game I could improve in. I also constantly evaluate my faults and also ways that I can improve upon those. Also, as in poker, not every loss is a negative (that sentence makes sense, I assure you). So faults may turn out to be LR beneficial, however rare, it still happens. So make sure you evaluate what faults now are holding you back and creating loss, and fix those first. If you know your fault is tilt and that you are tilting away 3/4BI per session, then you need to patch that ASAP. If you know that you get a bit cocky and have winners tilt allocating for 1/5BI per session, then you should patch that, but focus on the tilt first. Everything is about balance and there are only so many hours in a day, and so many days in a year, so focus on the more important things that will show a gain well before you focus on the LR-lower-earn activities.

I constantly focus on the basics. While lots of people feel as though they have the basics of CR-ing built and that they are mentally able to handle 5th level bluffing, I am constantly focusing on rebuilding my ground floor. The ground floor is always the most important. If you try to build a 2 story house on top of a basement, and dont fortify the basement level, how the hell do you expect the 2nd floor to not waiver during a windstorm? A huge thing that separates you and I is that I am constantly evaluating and reworking my basement.

So while you are focusing on the ramifications of CR-ing the turn and light 4-betting, I am focusing on making sure my 3b-ing is strong and that my bet sizing is stronger. There are only so many things our brain can focus on during any given hand (especially when we only have 15 seconds to make a decision while 8 other tables beep at us)…so what is logically more important? The spot that comes up once every 950 hands? Or the spot that comes up every 80 hands? Or what if the spot that came up every 80 hands gave us a +/- 7PTBB earn/loss or the spot that came up every 950 hands gave us a +/-25PT/100 earn/loss? Learning to balance what is important vs. what is less important is not only important in poker, but in life? What is more important…reprimanding your kids for a -20 to you now, +150 to you later, and +600 to them later? Or not reprimanding for +55 to you now, -100 to you later, and -300 to them later? Life is about balancing…and there can always be a mathematical assessment given to every side so long as you have balancing metric against.

My demeanor is another huge difference between me and other people. Now most people that actively join forums, and spend durations of time there, tend to be open-minded individuals that have an interest in the theme of the forum. However, remember that poker often times brings 16-24yr old males, often times of which are testosterone injected individuals that have massive ego issues (does this sound familiar?) The huge difference is that I realize this, and make sure that I do not let my ego get in the way. I do not get in my head that “I am the best and you all can just suck it”…I understand that I am better than 90% of my competition yet understand there are better people than myself and also understand that helping people that need assistance is a good thing.

Why is helping people a good thing? Well for one I get a lot of self-gratification out of it. Utility is very important. Value = Cost + Utility. My cost is the time it takes me to write something up (for a paper like this it costs me about $450 with time balance, and for a normal post about $14) and the utility surpasses that by insane amounts. However, the utility I get might also increase people’s winrate, which would subsequently lower mine (they might lower my advantage against them directly and also take money from fish before I can get it), so say on top of that they take an extra $55/$13 per post. So I lost on average about $3.88/post, but I would say I more than gain about $9/post on utility. So the worth of my post, to me, is about $5.12…which is more than positive.

So another part of demeanor is my attitude. I try my best not to berate, in any form, any person. I will berate people who I think are just trying to get free information without attempting to do any work (I have a severe distaste for lazy people that feel they are entitled to anything). I also berate people that are rude to others…and that is about it. And this demeanor goes way beyond just my posts, this follows me to the tables, and then into my real life. I try my best to never berate while playing, especially live when it is easiest to do so (at least on-line I always have another 8 tables beeping at me). This not only educates, but it minimizes their loss now, and also minimizes the amount I can win from others because they now know that I can think). So my demeanor is positive because it not only makes me more now (with a utility v. cost analysis) but also makes me more in terms of my opponents spew-rate. Hint: being nice and positive not only makes us more money in terms of direct cost, but also has long term ramifications in terms of utility, relationships, and overall minimal costs.

What else makes us different? My balance of practice vs. theory. I never really appreciated this concept until I read NL Theory and Practice by Sklansky/Miller (imo, the bible of NLHE cash-games ftr). But there is a huge difference between theory and practice, and a huge correlation in success by understanding both, even just to a minimal extent. There is a reason I spend almost 2x the amount of time studying as I do playing. There is a reason my brain is constantly thinking of situations and not just grinding out the same 11/8 game. There is a reason why I play 100%vpip and play 100%LPvpip, and create other “crazy” scenarios to put myself in. The reason being that without theory, I am weak in practice….and without practice, my theory is useless.

Life is the same way. I can be the most proficient business thinker in the world…amazing in marketing theory and entrepreneurship and overall business savvy…and yet this is useless if I am not out creating businesses or consulting or participating. And it is useless if I create 100 businesses without any backing of theory to give backing to my business rationale. It is useless if I can tell you how to “groom the “perfect” child into adulthood” if I cannot do it while in front of a child….and even more useless if I just groom a child without understanding what factors are important to their development. It is important that we spend time understanding all of it and learn what is more important in what instances (it is more important that you spend un-theorized time with your child than lack of time with massive amounts of theory). Learn this ASAP and learn how to balance. Life is about balance, if you cannot do it, learn to. Everyone is able to do this, albeit to different extents, but you can learn and improve easily.

Something I suggest to everyone is to get a “protegé” of sorts. Why? Because it forces you to put everything you read about in this paper to use. It forces you to focus on demeanor, it focuses on you articulate thoughts (which forces more thoughts and creates a more predominant focus on theory), it forces you to think, and force you to focus on your on leaks and patch them along with your protegé’s. Obviously do with this paper what you want…and I don’t expect even 40% of to read the whole thing, and I don’t expect even 15% of those to really realize this information…but if you can put even chunks of this information to use, then you will see improved equity in poker, in your personal life, and in your longevity as a person. So I wish you luck with everything and hope you can use this for your own self-improvement and hope it all works out well for you…and hopefully in a year from now you are writing a paper to help other people with no financial earn at all =)

*SS*

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May 12 – Quick Update…

Posted by SplitSuit On May - 12 - 2009

Things have been going pretty damn well since I got here. Albeit I’m putting in like 14 hour work days, still going well. Business stuff is coming along swimmingly and I’m learning insane amounts about “complex” things of iBusiness. So the fun continues, as do the trial and errors, and hopefully the product comes out well =)

Other than that, things have been pretty slow. I haven’t had much time lately, but I’m trying to get out of the house and get some errands done each day. It probably sounds like I have the worst life ever as you read this, but I am all about working my ass off to ensure a solid payout and financial and personal flexibility later in life. I pride myself on being motivated, so I’ve been putting that to use.

Also, the weather has been amazing. Sitting at about 95* per day is amazing. And there is something about Vegas nights that is almost indescribable. Vegas nights tend to be about 80*, perfectly calm, and there is always a sky glow from the strip…it really is an amazing sight to say the least. I think I’m going to go down to the strip at some point this weekend (well, I’m meeting up with a 2p2r at some point, so I for sure am) to just walk around maybe get some pictures. The strip is awesome…

And because I am lazy today, I present you with this video that is totally unrelated to this blog post. This is a video clearly explaining the credit crisis and breaks it down into very simple terms…and has moving images! Enjoy if you feel you need some edu-ma-cating =)

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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Call and Re-Evaluate (by: JH1)

Posted by SplitSuit On May - 11 - 2009

PSA: Call and Re-Evaluate
Just quit it. Or at least stop misapplying it.

Evaluate: to determine or set the value of;

Re: A prefix added to the start of a word. Indicates “again;”
25NL – 100BB stacks

Hero is dealt Ah Ks on the BTN
Preflop: Unknown UTG calls $0.25, 5 folds, Hero raises to $1.25, 2 folds, UTG calls $1
Flop ($2.85): Ad 9s 4d

UTG checks, Hero bets $2.25, UTG raises to $7, Hero ???

Hero doesn’t know what to do, so he “calls $4.75 to re-evaluate the turn?”

George: Should I call and re-evaluate on this table?
Jerry: What do you need to call and re-evaluate for?
George: Call and re-evaluate is now the number one line in poker.
Jerry: You know why? Because people like to say “call and re-evaluate.” “Excuse me, do you want to call and re-evaluate?” “We should call and re-evaluate here.” “What? No call to re-evaluate?”
Based on the definitions above, re-evaluating implies that we are going to determine the value of our hand again. This means we would have already thought about the value of our hand at some earlier point.

How do we evaluate our hand?
Step 1

- Put villain on a range.

- Compare our hand (or more accurately, our range) to villain’s range.

- Determine how to maximize value (or minimize loss) against that range.

Step 2

- Figure out how villain’s range will react to your action.

- Decide what you’re going to do based on his anticipated reaction and his range.

You already know what’s going to happen a high percentage of the time in the hand posted above:
Turn ($16.85): x

UTG shoves, Hero???
You’re exactly in the same spot with exactly the same information as you were on the flop. But you went ahead and put money in without a logical reason for doing so – your only plan, if you can call it that – was to fold to a shove because $17 is scarier than $7 and you thought folding the flop was weak. If you’ve played any amount of poker you know that’s what he’s going to do probably 80%+ of the time. That’s not calling to re-evaluate. That’s spew.

Calling to re-evaluate requires that you are going to gain new information that will help you make a better decision after villain’s next action. In the above example, you already had all the information you were going to get. c/r flop = strength/air and lead turn after c/r flop = strength/air. If you cbet and then don’t know what to do when you get raised, you have failed to think through Step 2. If you’re reading this, I assume you at least always think through Step 1.

So how do we use call and re-evaluate effectively? We use it in situations where villain’s future actions will give us information that will help us make better decisions.
25NL – 100BB stacks

Hero is dealt JJ in the BB
Preflop: UTG fish raises to $1, TAG BTN calls $1, Hero calls $0.75

Hero calls because he wants to keep UTG fish in the pot and doesn’t want to play a big pot OOP against BTN who probably has a decently strong range of broadways and PPs with some SCs.

Flop ($3.90): Qh 9s 4d

Hero checks, UTG checks, BTN bets $2.75, Hero re-evaluates turn and calls $2.75, UTG folds
Hero knows that BTN will stab here with 2nd pair, an OESD and overcards based on reads and stats. Hero also knows that BTN will not continue to stab with those hands on the turn and will only bet for value with TPTK+ and check behind everything else. Hero knows that BTN will call down for showdown with good 2nd pair type hands when weakness has been shown and our line looks bluffy.

Hero’s plan is to c/f to any turn bet (non-J of course). If villain checks behind turn, Hero will valuebet/fold the river because 9x/77-88/TT will call along with the Qx hands that beat us.

Notice how hero logically re-evaluates the turn even before he makes the flop call. We all know that betting or raising purely for “information” is a terrible reason to put money in the pot. Calling purely for “information” is far worse.

Any time that you are in a spot where you don’t know what to do, “What do I do now?” is not the important question. “What did I forget to think about at a prior point in this hand?” is the important question. If you consistently plan your hands, you can avoid nearly all of these situations where you don’t know what to do and put an end to the practice of using poker cliches to justify your actions.

-JH1

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