Understanding Implied Odds

Most players know what pot odds and implied pot odds (aka implied odds) are, and how to calculate them. Just about every poker book or website has a section on the topic. Still, I often see people making mistakes in calculating implied odds - especially when playing online. Too often, implied odds are invoked as a reason for a play when “wishful thinking” would be the more accurate description of the situation.

A perfect example came up in a recent tournament on Full Tilt Poker. The table was short-handed and playing rather loose pre-flop, but tight after the flop. The blinds were getting high, and a hand developed where we got to see a showdown between a loose player who I’ll call “Loosey” and a player I’ll call “Impy.”

Impy had no pair and only an inside straight draw on the flop, yet he called a pot-sized bet from Loosey. Impy hit his straight on the turn, but was only able to extract a small amount from his opponent and ended up checking down the river. Impy’s fuzzy logic on the flop was that, although he was behind, if he hit his hand he’d get paid off at greater odds than it required to chase his four-outer. As we saw in the hand, he got part of what he wanted (the straight), but failed to extract enough from his opponent to make his call on the flop reasonable. Furthermore, Loosey was short-stacked, had top-pair with a weak kicker, and was unlikely to have paid off much more than he did.

So, what can Impy do to improve his game? Here are some guidelines for using implied odds to greater advantage:

Only Play Against Big Stacks

When two players are contesting a pot, their maximum implied odds are exactly the same: the size of the shorter stack. If you and your opponent both have large stacks relative to the blinds and antes, your implied odds are much better than if one of you is sitting on a smaller stack, simply because there are more chips that can be committed to the pot during the hand. Players who are short-stacked tend to play tighter and are less likely to try to pick off a possible bluff because they don’t have any extra chips to spare, unlike a tall stack.

Don’t Play Short-Handed

The more opponents there are at your table, the greater the likelihood that one or more of them will pick up a good hand, be in on the flop, and ultimately pay you off when you hit your draw. In short-handed or heads-up situations, you have to get very lucky: first you have to hit your hand, then you have to hope your opponent has a good enough hand to pay you off. My advice is, unless you have a really good read on your opponents in the hand, don’t even consider implied odds unless you are at a full 9- or 10-handed table.

Play Against Tight-Aggressive Players

Implied odds are greatest against tight-aggressive players. Why? Because these are the players who are likely to have strong hands after the flop, and are likely to commit a lot of chips to defend their good hands. Tight-aggressive players are also going to be involved in smaller pots on the flop, and will check-raise more often than loose players when out of position. This gives you free-card opportunities, which improve your implied odds. Psychologically, once involved in a hand, tight players may have a harder time letting go after the flop than loose players who are always in action. Over time, those loose players are going to have a harder time finding a reason to play with you after the flop.

The key to playing against tight-aggressive players after the flop is to keep the pot as small as possible until you hit your draw. If they put a lot of pressure on you, you’re better off folding your draw and waiting for a better situation. Not every hand can be played profitably after the flop.

Incorporate Bluffs and Semi-Bluffs

If you are drawing on the flop, you should be betting and raising instead of passively checking and calling to hit your hand. This gives you two ways to win by:

Forcing your opponents to fold, or
Hitting your draw
This is called a semi-bluff. The only time you should play passively is if you think a free card will help your situation more than getting your opponent to fold.

Another thing to remember is that you are definitely going to miss your draws more often than not. In these cases, you should sometimes be bluffing, but the question is, how much and how frequently?

Let’s say the pot has $100 in it and you have $100 left, and you are deciding whether to bluff on the river. You’re giving your opponent 2-1 odds to call you, which is exactly how often you should bluff in that situation (two times for every one that you don’t).

How do you choose the right balance between keeping the pot small after the flop and playing aggressively as I am advocating here? That’s the art, and it requires lots of practice and a good read on your opponents. You may want to pick up Sklansky’s Theory of Poker to learn more about optimal bluffing frequency and semi-bluffs. By employing these techniques correctly, you can vastly increase your implied odds and positive expectation.

Posted By The General

Playing Heads Up

Heads-up play is one of the most important aspects of poker, and many players could benefit from strengthening this part of their game.

Position is crucial in heads-up play. So is aggression and reading your opponent. In fact, playing aggressively in position can often be the deciding factor in whether or not you win the pot. You can have a much worse hand, but if you trust your reads, you can often take the pot with the right board.

Playing Position

I don’t recommend playing that many raised pots out of position - in other words, don’t call a lot of raises from the big blind. Hands like two face cards, A-8 and up, and pairs are worth re-raising with. Hands like 8-7 suited are fairly worthless because suited connectors like these can be easily dominated by larger hands and lose a lot of their value heads up.

In general, I’m looking for big cards like K-10. Even though these cards are easily dominated in ring games, they play much stronger heads up. If I hit a big pair with cards like these I can feel comfortable going with it, which is something that’s hard to do with middle cards like 6-5.

I’m usually going to do one of two things in the big blind when I’m heads up; fold or re-raise. My standard re-raise is between three and four times my opponent’s bet, and by pumping up the pot pre-flop, I’m making it difficult for my opponent to call me with marginal hands. If he does call, I can always make a post-flop continuation bet or lay down my hand if I’ve missed and my opponent leads out at the pot.

The only time I call out of position is when my opponent plays back at me by moving in a lot. My decision here comes back to paying attention to my opponent’s tendencies and going with my reads.

Reading is Fundamental

Reading your opponent becomes even more important in heads-up play. Because your opponent is likely to raise with a much larger range of hands heads up, making reads is much more difficult. Learning to gauge your opponent’s hand requires paying close attention to their patterns. Do they always raise the button? How often do they call your button raises? Do they ever re-raise from the big blind? Asking questions like these helps to narrow down their possibilities.

You have to trust your reads enough to act on them. If you sense strength, are you willing to lay down the second-best hand? If you sense weakness, will you apply the pressure it takes to win the pot?

In my experience in both ring games and heads up, many players try to accumulate chips too quickly. If you just sit back and wait for your opponents to make mistakes, you’ll end up with all of the chips in the end. For instance, you should avoid making pot-sized bets when smaller bets will usually accomplish the same goals with less risk. Sometimes half-pot bets are even too high and betting the minimum is enough to gather the information you need about your opponent’s hand.

This becomes especially true when your opponent becomes short-stacked. In these cases, I will usually limp on the button once they are around the 10 big blind range. If I do raise, I must have a hand I’m willing to go with because my opponent’s only options are folding or pushing. Some people think it’s weak to limp on the button, but I don’t want to keep folding semi-decent hands in this situation. By limping when my opponent is short, they have to decide if they want to gamble with a high-risk/low-reward all-in move to win one of my blinds.

In heads-up tournaments you want to play in position, trust your reads, and play small pots to build a lead. Once you have a 3-1 lead, then you’re looking for hands to gamble with against your opponent’s short stack.

I’ve had a lot of success using these principles in heads-up play; they were instrumental in helping me win the 2007 National Heads-Up Championship. Put these ideas into practice and you may find the extra edge you need the next time you’re playing heads up.

Posted By The General

Hey mates.. Any wins to report to the team? We as poker players always enjoy the feeling of getting inside the bubble when playing online tourneys as there is always a breath of relief and the sensation of curiousity as we see how far we can climb the money ladder. Of course we will always have 1st in our sights for the largest percentage of the prize pool and taking 5th 0r 4th is not really going to be acceptable to us. Well mates when we find ourselves short stacked with 4 players between us and 1st place The Captain calls this transition “Bang time”! As they say, “this can get ugly” and The Captain is ready to hit ya with the ugly stick! BANG! Of course we will reserve “Bang time” for when we are short stacked in our darkest time of need at a final table!

Donkabulary definition

Bang time: The urgency to regain momentum in order to take down a monster 1st place win when climbimg the money ladder!

When To Continuation Bet

When you raise pre-flop in a game of No-Limit Hold ‘em and are called, you’re faced with a decision when the flop hits the board. Should you put out a continuation bet on the flop or should you check and let the turn come off for free? Of course, there are a variety of factors that will effect any decision in a hand of poker, but if I was the one who raised pre-flop, I’ll put out a continuation bet on the flop a large proportion of the time.

I can afford to put out a lot of continuation bets, whether I hit or not, because my post-flop bets are usually pretty small - about half the size of the pot. Pre-flop, I normally raise to three times the big blind, then on the flop, I’ll put out a bet of the same amount. When I bet these relatively small sums, I don’t put a whole lot at risk. If I get check-raised on a flop that I missed, I can fold without having lost a whole lot of chips. Most of the time, however, my opponents will have missed the flop, so my small bet will win me the pot right there.

While I prefer to put out continuation bets on most flops, there are some situations where checking is the right play. For example, say I raised with K-T and was called by the big blind. The flop of A-J-2 gives me a gutshot straight draw. I know my opponent in the hand likes to check-raise on top pair. When he checks to me on the flop, I’m happy to check behind and have the free draw to the nuts. If my opponent hit something like two-pair, I could double up if the Queen comes on the turn.

I also like to check the flop in hands where I’m either very far ahead or very behind. Say I raise pre-flop in late position with pocket Kings. The flop comes A-J-3. Here, my pair of Kings is either very far ahead (if he missed completely or has something like pocket 5s) or is very far behind (if he hit an Ace). In a spot like this, I don’t want to get check-raised and I don’t want to just give up, so I’ll often check the flop and then call a bet on the turn. I can then try to get a read on my opponent if he bets the river. The worst thing I can do in this sort of situation is to put out a big bet on the flop and then call an all-in check-raise.

As with every aspect of poker, it’s vital that your continuation bets don’t become predictable. If you check every time you miss and bet every time you make top pair or better, then you’re opponents will know exactly how to play against you. They’ll be able to bet any pair with total confidence. So occasionally, you’ll want to check when you hit top pair on the flop. Your hand will be disguised and you’ll stand to win a big pot if you hit trips on the turn. Showing that you can sometimes check a good hand will keep your opponents off balance.

It’s a good idea to put out frequent continuation bets, but also be sure to look for spots where a check may be to your advantage. If you’ve got a draw or hold a hand that will be difficult to play for a raise, a flop check may be your best play. Also be sure to mix up your play - being unpredictable is vital to playing winning poker

Posted by The General

Playing Small and Medium Pocket Pairs

Ring Game Play

In ring games, I like to build a really small pot when I have these hands in early and middle position. Sometimes I’ll make a min raise; other times I’ll just limp in. I want to keep the pot small when I have a small or medium pair because I lay them down if I’m faced with a large re-raise.

If I min-raise or limp in and an opponent makes a small raise, I can call, but if I open with a big raise and my opponent comes over the top, I’m not usually getting the right odds to call. By keeping the pot small, I have a better chance of seeing a flop and I may pull other players into the hand. Then if I do flop a set, someone’s going to pay me off. To me, the biggest moneymakers in No-Limit ring games are small sets, like 2s and 3s, because they’re so disguised.

A lot of players get overly aggressive with the middle pairs: 8s, 9s, and 10s. They raise before the flop with them, but if the blinds fold, they’re only going to win a small pot. I’d much rather try to win a big pot by flopping a set. If the flop comes J-8-2 and I have pocket 8s while my opponent has a hand like K-J, I’m going to win a big pot a lot of the time.

If I’m in late position and have a small or medium pair, I’ll raise in hope of taking the blinds if nobody else has entered the pot. If one of the blinds calls, I’ll try to win the pot with a bet on the flop, but if both blinds call my raise, I’ll be more cautious. Against multiple opponents I’m trying to flop a set. If I don’t and there are several overcards on the board, I’ll check if it gets checked to me and I’ll probably fold if one of my opponents bets. If I’m in late position and someone in early position raises pre-flop, I’ll generally just call and hope to flop a set.

Tournament Play

In tournaments you have to treat small and medium pairs much differently that you do in ring games. You have to play them more conservatively because you can’t usually rebuy. In fact, I will often fold 2s, 3s, 4s and 5s under the gun in tournaments. In ring games, I always play these hands because of my implied odds. Even if I lose 15 of these hands in a row, I can always rebuy. In a tournament, if I lose five times in a row, it’s going to really hurt my stack.

How I play small pairs in tournaments often depends on the size of my chip stack. If I have a big stack and get dealt a pair of 3s or 4s, I might raise, hoping to win the blinds and antes. However, if I’m on a short stack and in late position, I might just move all-in.

In tournaments I try to stay away from middle pairs because they can cause big problems and tough decisions. Let’s say I call a pre-flop raise with pocket 9s and the flop comes 10-4-2. In a ring game, I would check and call or possibly check-raise trying to find out if my 9s were good. In a tournament, however, that’s scarier because you really have to be careful about the amount of chips you use to get this information.

My decision is easy when there’s an Ace or King on the flop, but when the flop is 10-4-2 and I’ve got pocket 9s, it becomes very difficult. You can’t fold every time, but you don’t want to get too crazy in these situations either. Middle pairs are so difficult to play that I notice that I often find my best tournament results come when I simply stay away from them.

The beauty of small and medium pairs is that they very rarely get you into trouble. However, when they do, it really hurts. When the $2,500 No-Limit Hold’em event at this year’s World Series of Poker* got down to the last three tables, I opted to defend my blind with pocket 3s. The flop came J-8-3. My opponent and I got all our money into the pot, but as it turned out, he had pocket 8s. When you do flop set over set and you have the bottom end of it, you really get punished. But when that’s not the case - and it usually isn’t - you’re going to be in great shape.

Posted by The General

We have mentioned on occasion of how much help “team support” can be during a marathon! The team has come up with a few team chants to let each member know that the team is behind them. One of the most common chant’s used “Lets git rr done” was first used by “Leafsmaywin” directed towards me in my darkest time of need. Yours truly was sitting on the bubble in the 55k guarantee short stacked so bad I wouldnt see the next orbit of blinds when “Leafs” came to my table and said “Lets git rr done” Cappy! In them moments of shock and awe I went from last place to very top of the leader board in a blink of an eye leaving me the opportunity to finish the event in 19th place! Mates always remember “the team is behind you!”

Donkabulary definition

“Lets git rr done“: Words of encouragement to stick with it and get it done!

The Sit N Go (SNG) is online poker’s great gift to the aspiring tournament player. Prior to the SNG, final table experience was hard to come by. You could enter a dozen multi-table tournaments and never find yourself at a final table. Or you could make one or two, only to get knocked out in 8th or 9th place. Adapting to an ever-diminishing number of players at a single table is a crucial skill in tournament poker, and it’s a hard experience to find offline without investing a lot of time and money. Online, this experience is a mouse-click away. The SNG’s advantages are many. For starters, it’s low-cost, or even free. It’s also fun, and convenient: You don’t need to schedule it — a SNG starts every time the table fills up — and it’s usually over in less than an hour. It is the flight simulator of Final Table play, and mastering it should be considered mandatory homework for the serious student.

Now that you know why you should play, let’s look at how:

The most obvious difference between a SNG and a multi-table tournament is that when someone goes broke in a SNG, there isn’t someone waiting to fill their spot. Multi-table play consists mostly of full-table, ring game poker. But as players get eliminated from a SNG, the table gets shorter- and shorter-handed. This reduction in players basically serves to artificially raise the antes. For instance, say you are playing five-handed and the blinds are 100-200: You are paying 300 in blinds for every five hands, or 60 per hand. As soon as someone gets knocked out, you’re four-handed. Now you’re paying 75 per hand — a 25% increase — despite the fact that the blinds have remained the same. Accordingly, you’re forced to gamble more, or risk getting blinded out.

Since the size of the blinds relative to your stack size should always play a major role in you hand selection, I recommend starting out with pretty conservative starting hand requirements. This serves two functions: First, the blinds dictate that you play fairly tight early; the blinds are small and you are nine-handed, so they don’t come around as often. Second, this helps you establish a tight image, which you hope will pay off later when the blinds are high and you might really need a timely ante steal.

But there is another not-so-obvious reason to play tighter earlier and looser later: The payout structure rewards tight play. Most SNG’s pay 50% to first, 30% to second, and 20% to third. This payout structure dictates that you play for third. Why? Looking at the payout structure another way might help. Basically, the payout means that 60% gets awarded once you are down to three players, 20% gets awarded when you get down to two players, and the final 20% gets awarded to the winner. If you can just get to third, you get at least one-third of 60% of the prize pool, or 20%. You’ve locked up a profit, and you have a chance to win up to 30% more. It’s only now that you’re in the top three that your strategy should take an abrupt turn. Now it pays to gamble for the win. Let’s look at the numbers again: 60% of the prize pool is off the table, and moving up one spot is worth only another 10%. But move up just one more spot and it’s worth a whopping 30% extra — that’s three times more for first than it is for second. And with the blinds going up, gambling for the win is even more clearly the correct play.

I see many players employ a nearly opposite strategy. They figure they have nothing to lose, so they go for the quick double-up early. They take chances too soon when, in their view, there’s “nothing on the line”. Then, once they’re in the money, they tighten up, thinking about that extra payout for moving up a spot. If you start to rethink your SNG approach and adopt a “slow early, fast late” strategy, you will see an almost immediate improvement in your results.

Posted by TDD

You can say that it has been one hell of a year for Teamdonkadonk.com and all its “elite” team members. Lets start off by saying thank you to all who did stick with us since the hijacking of our site. As you all see the site is back in its usual fashion and all of us here at TDD are working hard to bring everything back and MORE! Since all our content was lost during the hijacking, we would like to make mention of some of our team winners and highlight their accomplishments!

Since the birth of the team we have seen a great deal of different styles and techniques and none better than “Kidrocknroll” otherwise known as the satellite killer! “Kid” has marked himself quite a few online wins in the last year ranging from winning the 55k guarantee $11 rebuy not once but TWICE to his multiple cashes in the Sunday Million. Kid has also had a few WPT and WSOP satellite bouts ending in hair raising cashes that would of made any man gray! Lets not forget the flamboyant “LDFlex” who has been terrorizing tables online with his aggressive style for years! “Flex” has had an incredible year cashing the Sunday Million and marking a HUGE win taking down the Casinorama Classic for $100,000.00 1st place win! Hey, and what about , “bobvalentin” also known as “The satellite maniac” who has smashed many MTT s with enormous fields including “two” 20k guarantee rebuy wins among many other MTT final tables and not to forget his many cashes in the Sunday Million! “Bob” has been heating things up this year and really has demonstrated what team work can achieve! Then we have The General, “hillbilly06″ whos solid play and determination has brought him to many MTT finals including a few 1st place cashes. “Billy” has also had a reputation of grinding ring games reaping cashes of generous proportions. Of course we have the Canadian sensation himself “Optisol” , who has not only lead the team to victories, but has seen himself to MTT finals including his forever quest to master the sit n go! “Sol” has takin his live game just as serious and marked many 1st place wins “live” increasing his over all ROI into orbit! And of course we have “Jurisdoc23″ whos tight aggressive style and determination has brought him to final table greatness including wins in the 25k guarantee rebuy and multiple cashes in the Sunday Million as well. “Doc” has been known to terrorize a few sit n gos too, always refering to them as his bread and butter! Who can forget “Leafsmaywin” who achieved his final table greatness this year not once but more than a few times also including a debut cash in the Sunday Million! “Kiddonk”has been grindin and bangin ring games as well rocking his ROI through the roof! And of course we have the legendary “IM-Joel” whos flash and aggressive style will TiLt any table favoring Joel for the win! “Joel” has been known to blow out cash tables online cashing thousands in a sitting! His determinations with his cutting edge style has seen him to many FTOP cashes at Fulltilt and many MTT final tables at Pokerstars including cashes in the Sunday Million as well!

Of course these are just some of the highlights that were lost with the hijacking, and there will be many more to follow along with the highlights of 300 members who will make their stake this year and find their way to the final table of some of the largest prizepools available online! Look out for all upcoming updates and always remember, “the team is behind you.”

Posted by TDD

Small Pockets and Big Stacks

I played the World Series of Poker* Main Event for the first time in 2006 and like all rookies, I was involved in endless discussions of “The Hypothetical.” You know, it’s the first hand and you’re in the big blind. Five players move all-in. You look down at pocket Aces. What do you do?

Some first-timers insist they will fold, and plenty more at least entertain the idea. Chances are that no one has to face The Hypothetical, but what about the more plausible nightmares at the beginning of a deep-stack tournament? What if you raise with Aces and get four callers? What if you have Queens in the big blind after a raise and re-raise? The early stages of a big tournament can be mortal terror for a neophyte.

Experienced players make fun of the rookies’ discomfort, but they ignore the underlying issue at their peril: with a giant stack and a lot of action, a premium hand like pocket Aces can quickly lead to trouble.

This is why I think there are a lot of times when pocket 5s are better than pocket Aces. In fact, when I get pocket 5s, I may want to be against pocket Aces. This idea synthesizes advice I received from three of my expert collaborators on The Full Tilt Poker Strategy Guide: Tournament Edition.

Andy Bloch “In his chapter on pre-flop No-Limit Hold ‘em, Andy explains how your goal with A-A is to get all your chips committed when you’re a huge favorite or are playing against a single opponent. The deeper the stacks, the less likely you are to accomplish these objectives.

Chris Ferguson “Chris’ philosophy is to minimize the number of difficult decisions you have to make during a hand, and maximize the number of difficult decisions your opponents have to make. With enough chips for betting throughout the hand, a player with an over-pair faces decisions that get more difficult on each successive street.

Richard Brodie “In his chapter about online No-Limit Hold ‘em tournaments, Richard explains how tournaments have two phases: the “implied-odds” phase and the “showdown-value” phase. When stacks are deep, you want to accumulate chips with hands that offer the best implied odds ” hands that can make the nuts and/or out-flop an opponent willing to double you up with a “superior” starting hand.

Playing Aces can be dangerous when you and your opponents have deep stacks. In contrast, a small pocket pair like 5-5 can’t get you in much trouble. Given that you’re going to flop a set approximately 1 time in 8, how do you know when it’s worth playing small pairs if you only have a 12% chance of making a strong hand?

For the answer, you should consider the following factors:

Stack size ” If it costs more than 12% of your stack to see the flop, you’re not getting the right implied odds. Adding in the times when you make a set but don’t get a big payoff, you need at least 15 times the size of the raise (probably 50 times the big blind) to achieve the risk/reward ratio that lets you call with small pocket pairs. (In these calculations, the relevant stack size is the smaller of your stack or your opponent’s.)

Pre-flop position ” The best situation is being in late position, calling the raise of a tight player in early position. Ol’ Tighty probably has the kind of hand that will pay you off if you hit. In late position, you can even possibly call a re-raise with a small pocket pair. You need more than 8 times the cost of the call, but not much more ” the re-raise suggests a hand that will pay you off. (You have to consider, however, that anyone left to act may push all-in before the flop.) In early position, there’s a temptation to limp with a small pocket pair so you can call a late-position raise. That’s a mistake for several reasons. You give away information about how you play (both in this hand and in the hands where you don’t open-limp), create a limper-friendly hand that is unlikely to win you a big pot, and make it easy for Mr. Aces in late position to make a giant re-raise to chase you (and other limpers) out.

Post-flop play ” All streets after the flop are Easy Street. If you miss, you have an easy decision to fold. If you hit, you have an easy decision to play fast and get that over-pair or top-pair/top-kicker to try to push you out (especially if the flop suggests you might be moving with a drawing hand). With small pocket pairs, post-flop position isn’t that important, and that’s rare in No-Limit Hold ‘em. If you join me in taking the advice of these outstanding poker pros, you can be causing, rather than suffering from, nightmares in the early stages of a tournament, whether it’s online at Full Tilt Poker or at the WSOP* Main Event.

*World Series of Poker and WSOP are trademarks of Harrah’s License Company, LLC (”Harrahs”). Harrah’s does not sponsor or endorse, and is not associated or affiliated with Full Tilt Poker or its products, services, promotions or tournaments.

Posted by The General

Although Pokerstars is a favorite place for the team to play, it has been refered to as many different things. “Jokerstars” is probably the most commonly used name. Since we have been playing there over the years we have heard a few more like, “Riverstars” or “Retardville” hehehehe. Well mates, your Captain (as usual) has come up with a name of his own! The stuff I have wittnessed, not only on the poker tables but whats been said in the chatbox as well only makes me think of one thing and one thing only; “Donkey Daycare” which is ALOT like a childrens daycare except it has the sick twist of adding Texas NL Holdem poker into it! There ya go mates another poker slur from your Captain. Just don’t forget to bring a pacifier to your next Pokerstars game!

Donkabulary definition

Donkey Daycare: The name of the largest poker room 0nline. Donkeys love to play at Pokerstars because they are always rewarded with their miracle suckouts and treated well for their bad play!