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Gusto or Busto

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tere here   Canada. Apr 08 2007 14:07. Posts 949
Im going for the gusto or Im going to go busto.

First thanks Twistedecho for analyzing my hands and Talentedtom who I talked to on msn...Thanks to Johnny Cosmo for trying to help me out by gettin me on ventrilo...
Thanks to the random comments such as Soah mentioning how I'm too results oriented. That is definitely true and I am hoping to work on that.

So I guess Im going to try and give back what I know when I play this game and what I learn from talking to people. In this way I want to give back what I learn and not selfishly keep it to myself.

Okay so my conversation with Tom had a few underlying themes. Bet for value and Play based on ranges.

Too often I would put the guy on a specific hand, only to realize that i gave him too much credit and his range was much wider, thus losing value. Or I would put him on the wrong hand and not give him enough credit and end up losing an entire buyin. When you put people on ranges, you become more confident with your calls and you are less scared because you know in the long run, a call against that player in that situation is a +EV situation, or you know that a bet against that player in that situation is +EV.

From what I gathered in terms of poker THEORY with my talk with Tom is I realized that I know nothing about poker THEORY. Ive played poker tons but never actually read a book. I dont know the theory and although Tom did not even say the word Theory once, I realized that it does exist. Sort of like when you study a subject in university you think what the hell am I doing here this has no real life application, what you dont realize is that by just doing the real life applications you become like a machine, uncapable to adapt to different situations.


In the past I would just raise like crazy and then when I have a hand raise some more like crazy. I just assumed I would get money by playing crazy then hitting a hand and playin that even more crazy.

I understand image, protecting your hands, abc poker, tag and lag etc. But I never thought in terms of value. For example, when you reraise preflop with KK to a certain number, in the long run, doing such a move will make you +EV even when you find yourself sure your up against a set. In otherwords raising to a certain number makes it OKAY for you to call an all in against somebodies set. (Obv, you must see board texture and whether you have EQUITY against a board like that or not.) But in long run, a person hits a set 1 in 12 times and raisin to that number preflop is the equivalent of multiplying it 11 times and then losing 1 buyin. If the 11x that number is greater than the 1 buyin then you are winnin $ in long run. (Again you can get even greater EV by checking out your equity)

Equity means what hands will go all in on a given board that you have crushed. A board like Q29 and you holding AA is a good DRY board because if your going all in or you get called multiple streets, then most likely you are up against a DRAW (JT) AQ, KQ, QJ 22 99 or QQ. The likely hood of him having 22, 99 or QQ is much lower than the likelyhood of the guy having hit the Q.

On a board of JT7 holding KK you have very little equity. You are either crushed by better hands or you are marginally better vs draws such as J9 or KQ. The only hand that you might have crushed is QQ and thus this type of board has very little equity while holding KK.

In any case equity is a good thing to learn, notice and apply while in the game.

I just finished reading Twistedechos comments on my last session and the theme I seem to gather from him is that I should bet stronger, as much as potting the flop and turns. When I have good hands I shoudl think about stack sizes and how to get it all in.

I usually bet the amonut I do because I give ppl credit for the ability to fold out strong holdings when I bet too strong. However I think I will give this betting 'theory' a try.


Here are a few hands I had recently that I thought were better because I put people on ranges. I will try Twistedecho's advice next session and see how that goes

199 vs 68 Td8dX flop

2http://www.liquidpoker.net/h/171062" target="_blank" rel="nofollow">77 vs AQ reraised preflop

3http://www.liquidpoker.net/h/170843" target="_blank" rel="nofollow">Flopped straight, Turn 2 ppl go all in with bigger straight possible

In hindsight this may be an easy call. When I saw Offishtix call I was thinking god I'm going up against KQ. Then I sat back and asked myself what his range was. The first guy I put on the range including a set and KQ but there were probably many hands I beat of his. Offishstix himself could have 2 pair or a bunch of other holdings so it made the call much easier when I put him on a range. Looking at hands Specifically, it appears the only hand to call an all in with nothing invested would be KQ...but when you put it into ranges it gets easier...i dont think it was an easy call nonetheless

4Second pair vs shortstack I think this guy being a shortstack made the call that much easier, but also I think putting him on a range of missed draw made it also much easier. Given my turn call I know KX bets again and it was possibly in his range but a short stack would more likely vbet his top pair in my opinion. SO i called

Anyways I am wasting time posting this and I really have to study so I will see you guys next time!

(Probably will be playin less poker this week due to 4 exams in 5 days)

Good luck all!

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im gonna rich, you can quote me on that 

ChoboPokeR_r   Germany. Apr 08 2007 14:29. Posts 4598

--- Nuked ---

Have you ever wondered which hurts the most: saying something and wishing you had not, or saying nothing, and wishing you had? 

TwistedEcho    United Kingdom. Apr 08 2007 14:36. Posts 3539

I am glad i got a thanks, that took me at least 10mins to comment on EVERY hand!

pwpwpwpwpwpwpwpwpw 

DustySwedeDude   Sweden. Apr 08 2007 14:46. Posts 8623

Really good read. I like this range stuff and I try to use it as much as I can.


AntonChan   Canada. Apr 08 2007 14:54. Posts 113

Pokerbay has something called Ultimate Literature Pack. Though, Tom and Eugene both recommended that I were to read less books and browse more forums and shit. I guess poker theory becomes outdated or something... but w/e


MilZo   France. Apr 08 2007 15:56. Posts 1333

Great post sir. gl to you.

Dunno if you're right about the gusto or busto thing, though. I think you should rebuild at NL 100. From your post it's pretty obvious that you should be a winning player, so why take the chance to go busto on a cold strek?

S1KLYF, this is the profession we chose 

alphablend   United States. Apr 08 2007 21:19. Posts 2424

You hit a set 1/7.5 last time i checked NOT 1/12


tere here   Canada. Apr 09 2007 02:56. Posts 949

Alpha thanks for clearing that up, but to be correct the odds are 1.5 which implies its 1 in every 8.5 times...

In anycase it makes the situation pretty interesting...

Mathamatically if someone flops a set 1 in 8.5 times (7.5+1), and that 1 time the person flops a set I lose a full buyin to him (100BB), then I need to make 100BB in 7.5 times...

so 100BB / 7.5 = 13.33333BB per time I reraise with AA

I must make at least 13.333BB every time I reraise to make my raise at least break even....

This is for aces. and Assumes I cant get away from Aces when the guy flops a set. nevertheless I will be +EV in long run with aces because either they will fold preflop and I pick up blinds, or they will call and they will miss flop...

It gets more complicated for KK since the guy can just hit an A to have outflopped me, which happens 1 in 4 times....

We can then add into this situation ranges...but i think pokerstove does that and I actually dont know how to do the math for it....

Anyways the point is to think long term + ev situations and thus makes it okay to run into a set with aces every now and then.....though if you cant fold Aces to a set, it offsets the 7.5 times you won with Aces....So if you can get to the point where you fold Aces to a set....well....your onto the next level...

More to come......

im gonna rich, you can quote me on that 

 



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