Day Trading & Forex Forum

Masquerade

Except for when you get dealt AA and get called by 4 other people. Everyone knows pretty much what sort of hand you have and you have no idea of theirs and AA against 4 other hands is by no means a great favourite. Maybe 30% chance of winning at best.

Chorlton

Well in that case, I would assume one would bet small and worst case then get out with a small loss....

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Masquerade

But that's not likely for a few reasons. Let's take this scenario: You're playing super-nit 9 handed. You get dealt AA and you've mucked the last 20 hands waiting for your premium hand. In this time you've lost your blinds.

So you look down at your Aces, you've got 5 people behind you - you're not going to make a small bet. You're going to make a big bet obviously to try and cut down the field you're up against and to try to make up the money you've lost in blinds. So you throw in your big bet, someone calls with a fairly decent hand. The next player calls because he's figuring he's getting 2-1 and his 83 offsuit could pay off big if he hits (knowing you've got a premium holding by the way you've been playing super tight.) The other players just call because the odds are so great to see a flop - so either way it doesn't make much sense to make a small bet, and a big bet will only either scare off the action or have no real effect.

Chorlton

Not necessary.... If different players appear and disappear during different games then no one (or only limited players) would know you had been playing tight up to that point.
I know someone who made a fair bit of money playing online (when it first became popular) using this technique.

Anyway, this is getting away from the real message that I believe Bramble was trying to make, which I believe is the importance in following strict Money Management rules ...

Well, that was my view of it anyway....

__________________
A Fine is a Tax for doing something wrong. A Tax is a Fine for doing something right !!

Return of Capital should always be more important than Return on Capital

RogueTrader888888

cash is the staple diet of 95% of poker pros. the ones that rely on tournaments for income quickly go broke unless they hit "the big one". there is even arguments that say that big tournaments are bad for poker since winners remove money from the poker community (and spend it on cars/flats), whereas cash players who win slowly but surely keep building the bankroll.

i am not anti-tournament as they are quite fun to play and its great feeling to beat 300+ other players and make it to final table. however, one has to realise that blinds get way too big way too quickly and its the equivalent of playing bingo at the worst of times.

RogueTrader888888

If you raise sufficiently and u get 5 cold callers then next time raise more (if its limit then ur screwed). Standard raise is 2.5x blinds but early position i prefer to raise 3x-3.5x but if its really loose table then standard raise can be 3.5x or from utg / early position try to isolate by limp raising.

I rather win a small pot than lose a big one - no excuses for not protecting your hand.

Masquerade

I'm normally about 3-4x depending on position - I don't mess about with it pre-flop.

But my point was even if you make it 5x and someone calls with a pocket pair. Then the next person is getting the right odds to call regardless of the price and then after that on a maths-based decision anyone who considers themselves to have 2 live cards should call.

RogueTrader888888

this chain reaction of calling means that the 3rd person cold calling usually has the 3rd best hand of all (KJ, AT, 88 and below and junk like that). If he were a poor player he'd get screwed with a hand like KJ on K49 type flop when he may be clearly beaten by AK. Having said that he may have 44 and flop a set, works both ways - thats why I dont play nl lower than 1/2 online as the game is just a big joke.