Friday, June 15, 2007

Where does all this money come from?

Sitting in late position in a 1/3 NL game at Caesar's Palace, I picked up 56s and was up against a raise from a skinny college kid. I read him for a strong hand that he wouldn't be able to get away from.

The flop came 66x. He bet. I raised all in. Knowing he was beat, the kid said, "Well, I have to call." He turned over KK and I raked in a $500 pot (he had a halfstack).

Then my name was called for the 2/5 game a couple of tables away. After a couple of hours, a pot was limped about six ways to me in the big blind. I had TT, and I bumped it up to $60. Everyone folded, including the European dude who mucked, saying, "That's just an insane raise. I don't know why people make such obvious raises preflop with middle pocket pairs."

Without showing my cards, I told him different opponents might interpret such a raise in different ways. But I knew that was my queue to get up from that table. It wasn't as profitable anymore.

In the first hand, I called with suited connectors knowing that I had implied odds to get paid off on an all-in bet if I hit hard. At the second table, I got a clear signal that my opponents were watching my game and may start to play back at me.

Whether evaluating a hand or choosing a seat, the most important factors are judging your hand, your skills, your position, your image compared to your opponents'. Put simply, you need an edge.

It isn't enough to play marginally better than the other donks at your table. When you're sitting at a table full of formulaic Internet players, it doesn't matter too much if you can make a move at a pot every hour or two. Among moderately competent opposition, profits will tend to be smaller because their leaks aren't as obvious.

No, you don't want to be at tables like that.

Most of the money doesn't come from tight, average players. The money comes from the maniacs, the crazies, the calling stations, the limpers, the chronic folders, the fish who can't ever lay down QQ or the monkey who never raises his Aces because he's afraid he won't get action.

Profits come from fools who rarely attempt to steal from the button, who let people in for cheap with minimum raises. They come from suicidal bluffs and hopeless crying calls. They come from weak players who raise preflop less than 5 percent of the time or call too many bets cold.

Winning at poker isn't a matter of outplaying everyone else at your table. Instead it's about finding the biggest idiot you can, sitting directly to his left and making high percentage plays such as consistent value bets.

Where does all this money come from? It isn't from being the best player at the table, nor from gambling above your bankroll at higher limits.

The easy money in poker is held by those most willing to give it away. Pick on them to be a winner.

10 comments:

Wes said...

yeah but the problem is that if you are playing live, every fucking player is a retard. You have to be the best player at the table live if you have any IQ above 80.

TripJax said...

"Most of the money doesn't come from tight, average players. The money comes from the maniacs, the crazies, the calling stations, the limpers, the chronic folders, the fish who can't ever lay down QQ or the monkey who never raises his Aces because he's afraid he won't get action.

Profits come from fools who rarely attempt to steal from the button, who let people in for cheap with minimum raises. They come from suicidal bluffs and hopeless crying calls. They come from weak players who raise preflop less than 5 percent of the time or call too many bets cold.

Winning at poker isn't a matter of outplaying everyone else at your table. Instead it's about finding the biggest idiot you can, sitting directly to his left and making high percentage plays such as consistent value bets.

Where does all this money come from? It isn't from being the best player at the table, nor from gambling above your bankroll at higher limits.

The easy money in poker is held by those most willing to give it away. Pick on them to be a winner."


Thems words to live and play by right there. Thank you.

Fuel55 said...

Sage advice.

SpeakEasy said...

Excellent post.

SpeakEasy

Rav said...

perfect post and u hit the nail on the head, you dont need to be the best...just sit with the worst. Its like the average looking girl that hangs out with fat girls so she looks better.

James said...

Hey, I'm new to your blog - you are 100% dead on with this. Great post. Look forward to reading more. James NY

jamyhawk said...

Great way to keep things in perspective. Thanks for this post.

Don said...

Excellent post gnome. Thankfully there is no short supply of donks here in Vegas.

Mark said...

That is one *Great* post Gnome, one of the best on any blog for a good while... thanks!

Cheers, Mark

HighOnPoker said...

Just reading this made me a better player. It had me thinking back to a not-so-recent underground NYC game where I could just feel that the edge I had was lost at the table. I couldn't get my ass up out of the seat, though, so I stayed a tad too long, even if I only folded for that period of time. I should've gotten a table change. Great advice, Gnome.