Maniac Attack

Any serious gambler knows that the most important fundamental of success is to find a way to get the odds in their favour.  Betting against the odds is a losing proposition.  Any serious Hold Em player knows that having position on a player is a massive advantage, and being out of position is quite the opposite, biasing the odds in the opponents favour.

So why the hell did I sit for about 2 hours last night on the immediate right of a maniac?

Put simply it was that I wanted to beat him, and there was a waiting list of about 10 players.  I didn’t want to throw away the opportunity of playing against such a rare beast, and in doing so I allowed myself to stay in the worst seat at the table.

To be fair to myself I was totally owning him for a while.  I had paid enough attention to see that he had an incredibly high 3-bet and squeeze rate, especially when the original raiser was in mid to late position. They were actually higher than his open raise rate.  I hadn’t seen much of his play post flop (because it didn’t usually get far through the hand before everyone else had folded), but I knew that he was ridiculously aggressive pre-flop.  The first hand we tussled on was very marginal and debatable as to whether I should have played it.  Perhaps not, but the thing was that I wanted to take advantage of the fact that I was unknown to him and I’d seen him wildly raise (and usually win or fold without showing) against new players to the table.  I didn’t want to wait too long for a premium hand just to see him fold because he thought I was a nit.

I raised from a late position with ATo and a one early limper.  Exactly as I expected, he quickly 3 bet and it was folded back round to me.  At this point I’m certainly not planning on folding and I don’t think I can really call, because I think I’m ahead of his range and I don’t want to give him a chance to either catch, or blow me off my hand with air and position.  I think I’m better getting the chips in now to maximise my thin value.   It was always the plan to out muscle him.  So I put in a moderate 4-bet, he 5-bets quickly and I shove, with a slightly sick feeling in my stomach that I shouldn’t have got myself into this position.  He quickly calls and shows A9s.  My 10 holds and I double up, putting him back down to just over 100 big blinds and leaving me with twice his stack.

For the next few hands that I raised, even though I was opening often, he became a lot tighter and folded most of them.  After a while though he realised that I was opening pretty wide and went back to his usual antics.  I tried to balance myself between folding and continuing when he 3 bet me which tightened up my opening range.  I didn’t want to 4 bet anywhere near as wide as ATo from then on because I knew he had been hurt by our first hand and had definitely paid attention.  I also knew he was capable of betting big with a medium strength hand but he would probably be quite balanced in that spot against me, as opposed to biased towards bluffing as he was against others at the table.

I took a few moderate pots off him either hitting or outplaying him after the flop but nothing massive, basically because we both knew the other was capable of big bets with a wide range and I felt we were both looking for spots to get it in with a premium hand.

I was outdrawn on by other players a couple of times which kept my stack in check and his aggressive play brought him up to my level.  He was still 3 betting me enough to allow me to get aggressive with slightly less than premium hands and he took a chunk of my stack with QQ against my JJ.

The killer blow came when I opened in late position with T9s.  I called his 3 bet and it went 2 handed into the flop which came T72, giving me top pair with a flush draw.  I felt confident he would bet with any two cards so I checked.  He put about two thirds of the pot in and I raised to about 2.5x his bet.  He thought for a while and re-raised not much more than the minimum.

At this point I thought that it was possible that I was behind but that more often I would be ahead.  Even if I was behind I knew that I had a decent amount of equity.  He had previously seen me check raise and give up on the flop to his 3-bet on a similarly innocuous board so I thought he could push with air.  The time he took to make the shove also gave me the impression he was more likely to be bluffing or semi bluffing because of his previous tendencies.

I couldn’t take over pairs out of the equation but didn’t think it would be the case most of the time.  Top pair with a better kicker was definitely a possibility but of course I had top pair which made it less likely.  Straight draws, even gut shots, and flush draws made up a big part of his range, or even just two over cards.  I took a moment and decided to shove.  He turned over AJs for the nut flush draw.  The flush didn’t come in but that was incidental once an ace hit the turn.

I was ahead when I shoved, but not by much: according to pokerstove I was a 52.3% favourite.  With the dead money in the pot I’m sure it was the right decision.

I’m not really that unhappy with my play, despite being up over two buy-ins and leaving the table one buy-in down.  The thing that gets me, the thing that I thought about when I was falling asleep last night, was the decision to play him in that position in the first place.  After the first hand I had doubled up from him and introduced a new dynamic.  He knew that he could play in position on almost every hand and he reacted well to my changes of gear.  That made life very difficult for me.

What I should have done is look at the long game.  If I had disappeared off the table straight after that hand he might not even have remembered me next time I sat down in position on him.  I will still make it my mission to find him at a table where I get decent position on him, but I could have done that right from the beginning.  Next time I find myself in terrible position to a maniac, I’ll think a few more times before I get comfortable.

On a more positive note I really feel like I’m starting to make a breakthrough.  For a long time I’ve been confused as to how better players than me can play 4 or more tables and still manage to analyse their opponents well enough to be able to find enough spots to exploit.  I feel like I have an increasingly good knowledge of how to think about different situations, but that I haven’t applied that knowledge well enough.  Multi-tabling leaves me languishing in ignorance and missing opportunities to make notes, and playing just a single table provides the challenge of remaining focused for long periods of time without playing very many hands, which I often struggle with.  

One thing that’s helped massively is my way of analysing hands and what they mean about the players who played in them.  Using Poker Tracker 4 allows me to mark hands for analysis at a later point, which I have been doing more liberally.  The critical factor is that I’m actually going through them all now! If I can make the notes on the fly then I do, but once I’ve got a reasonable number of hands built up I will sometimes sit out or take a break and go through them all before taking my seats again.

At the beginning of the month I went through a period of seriously cold cards.  I was playing single table tournaments on PokerStars, some of the time not playing very well, most of the time finding myself on the wrong end of coolers and getting out drawn.  I’ve had nasty runs like that before, but never so many in a row without a single cash.  That’s put a dent in my bankroll but my cash winnings have put it up to a little over $200.  I started with just $28 at the beginning of August, so it’s hardly amazing, but this is all about building my bankroll in the proper way.  At least it’s going in the right direction.

The fight continues…

What Should I Be Playing?

After feeling pretty pleased with the results of my experimental single table tournament earlier, I wasn’t sure whether to go play a fixed limit cash game, the format that I used to make all my money on, or further no limit tournaments.  It’s hard to turn down the money on offer on a Friday night in favour of playing tournaments with the main goal being improvement rather than financial gain.

I decided to play some cash games but it didn’t start off too well at all.  I found myself playing differently than I would usually, incorporating tactics that are just not right for those games.  I took a bit of a hit and felt quite annoyed with myself.  But the new me knows how to deal with that.  So I had a short break and pondered the situation over another coffee.  In that time I reset my thinking and decided to focus on the job in hand.  It wasn’t too long before I made back the lost money with a small bit on top.

By that time there weren’t as many soft tables and to be honest, I wasn’t really feeling it.  So I opened up the tournament tab in PokerStars to see what was available.  The ‘Hot $4.40’ was still taking late registrations.  It had already been running nearly 2 hours and registration was about to close.  I knew that buying in would start me off with just 12 big blinds but I thought I’d take a shot at getting lucky.  A few hands in I was dealt a pair of tens with 2 limpers in, so I shoved all in, won the hand and suddenly had just short of the average stack.

I made sure that I was following the rules I’ve made for myself and the guidelines that I have so far uncovered in the Nick Wealthall training program.  I’ve just busted out with about 140 or so players left.  Total entrants 6730, I entered with about half of those remaining.  I felt like I played well although from the point of about 400 players left I was clinging on a bit and didn’t have too much room to manoeuvre.  I just couldn’t get back to the average stack.

Looking at the tournament from a learning point of view, I’m fairly pleased even though I could perhaps have done better, but looking at it from a financial view I only made a rather measly $14, for about 3 hours work.  That’s not exactly the big time is it?

I’ve had the question that this poses rolling around in my head for a long time.  Should I be bothering with large tournaments?  The fields are so big that final table payouts are a very good haul, but a finish like I had just isn’t worth the time if you look at it purely financially, especially when you consider all the times I’ll bust out before the cash.  I could be making more playing other games.

I think I might give some more sit and go’s a chance.  I had some success in the $4.50 180 player tournaments a few months back, finishing 1st, 2nd, 4th twice and a couple with minimum cashes, over the course of about 15 entries.  The thing is that you’re looking at about 4 and a half hours to complete it, which is fine when you finish in the top 5, but lower than that and there’s not a great hourly rate.

I think I need to give some serious thought to the tournaments that I play in.  I also want to start thinking about no limit cash games, especially now I’ve started to get my aggression up.

Before that though, it’s definitely time for bed.