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Poker News on Thursday, January 25, 2007

Poker Book Review: 'The Poker Tournament Formula'

We've all been in the position, whether in an online poker tournament or a live tournament in a casino. We've sat and nursed our starting chip stack, never growing it significantly, while those around us have chip stacks that dominate the felt in front of them. What if you were told that there was a method so that you could be one of those mountainous stacks on a fast track to the final table rather than the one nursing their chips to a middle of the pack finish? Noted gaming author Arnold Snyder, whose work in the field of blackjack is considered by many to be unparalleled, now brings his strategic and mathematical analysis to the world of poker with "The Poker Tournament Formula". The book, published by Cardoza Publishing

and available at all bookstores, through Amazon.com or on cardozapub.com for roughly $19.95 U. S. ($25.99 Canadian and 13.95 British pounds), is a very exacting and thought provoking work that will bring some new strategies to the poker tables, especially those with short time blind structures and smaller starting stack sizes. At the minimum, "The Poker Tournament Formula" can be used as a method of "changing gears" that some players seem to have problems with at the tables. The crux of Snyder's work is put into a breakdown of the structure of poker tournaments, which Arnold accurately points out should dictate the style of play that you employ at the tables. By using a formulaic outcome he calls the "patience factor", Snyder breaks tournaments down into six categories, ranging from zero (a crapshoot, in his views) to six (slow, skillful play should be the determinate). Through the determination of what type of tournament you are playing, whether live or online, Snyder then proposes a very simple strategy (which we will get to in a moment). It comes as no surprise that most online tournaments fall into the first two levels of Snyder's formula, requiring a more freewheeling style of play. Arnold suggests that, in these types of tournaments, more often than not you should be betting that your opponents DON'T have the cards rather than that they do. Because you will get premium hands very infrequently, Snyder suggests to play this gambling style in later position which (unless you run into an opponent's monster hand or another gambling style player) should earn you more pots and, thus, allow you to run deeper into tournaments. Arnold points out that this freewheeling, gambling style doesn't work quite as well in deep stack or slower blind structure tournaments (those that fall in the four to six range of his scale). Because of the plentitude of chips and the slower level structure, you can play the strategic and patient game that is employed in major tournaments such as those put on by the World Poker Tour. Snyder also points out that these slow structure events can even extend to the high dollar online tournaments and, surprisingly, to some of the low level buy in tournaments that you can find weekly in the Las Vegas casinos. There were several good points to Arnold's book that I have seen executed in the smaller buy-in events online. The gambling style will be effective if you are at a table that has solid, "rock" style players that won't challenge you back. His theory of "betting the players behind you don't have hands" is a solid one and, if you are played back at, Snyder does offer thorough strategy for handling such situations. These practices overall, if employed judiciously through a tournament, can offer a tremendous ability to make strong runs in fast structure events. The theories that Arnold provides in the book could be revolutionary for tournament poker in this day and age. The gambling mentality that he proposes have been seen, by this writer in live tournaments and by many on ESPN's broadcasts of the World Series events (especially in 2006), and have been highly useful in their psychological effectiveness and their problematic player categorization at the tables. While many might not be able to pull off the entirety of the strategy over a whole tournament, it can be useful as a "gear change," even in a slower structured tournament. "The Poker Tournament Formula" is a highly interesting book that will make people rethink their strategies, especially in fast structured tournaments. While some of the book's content after the presentation of Snyder's theories don't reveal anything new, the basis of the "patience factor" and the strategies themselves are well thought out and can be beneficial to many tournament poker players. If you're looking for a new way to consider how to play tournament poker, "The Poker Tournament Formula" could be the book that you are looking for.


Poker News on Tuesday, January 16, 2007

No surprise in Gutshot ruling

The Gutshot Case was ruled on by the jury on Tuesday 16 January. They took less than two hours to find the club guilty of running unlicensed poker games.

This was a totally correct decision and would be similarly if a case was brought about blackjack, that being like poker, a game of both chance and skill. A license is required because they are gambling games. Duplicate bridge avoided being kept in the same category because the protagonists received the same cards.

Interestingly, the prosecutor's case, that poker is a game of chance, was very weak. There can be an element of chance even in chess tournaments, that does not prevent it being a game of skill.

The problem for and sometimes advantage of poker is that it is lumped alongside games of total chance, such as roulette, craps, slot machines and punto banco.

No doubt the Gutshot will appeal against the verdict. Sensible poker players should want poker professional games to be officially licensed.


Poker News on Friday, January 12, 2007

Poker and British Law

Currently a trial is taking place about whether the Gut Shot Club in Clerkenwell is breaking the law by spreading poker and charging the players.

It partly hinges on whether poker is a game of chance and gambling or a game of skill. There is little doubt it is all of these. Poker is clearly a game of great skill. But in the short term there is a considerable luck element. The prosecutor is talking nonsense when he states that shuffling the cards means therefore the game is one of chance. Bridge would be regarded as gambling under this criterion and that battle was won over 20 years ago.

Winning poker players do not want the court to rule that poker is solely a game of skill. If that were the conclusion, players would eventually become subject to tax on their winnings. That would be a disaster.

The truth is that poker is unlike other casino games and it should not be lumped together with roulette, slot machines, craps or punto banco. Professionals should want the game to be regulated intelligently by the government - but not as an uneasy bedfellow with the casino games.


Poker News on Thursday, January 11, 2007

The 'Other' Games of Poker: Linda Johnson on Razz

Linda Johnson, the vibrant, gregarious, and dare I say sassy "First Lady of Poker" is also one of the few people alive that can call herself a razz world champion. She took home her first World Series of Poker bracelet in the 1997 razz event and made another WSOP final table in 2004 in the $1,500 stud hi-lo event. In addition to her duties as the floor announcer for the World Poker Tour, Johnson still tears up games at the $100-$200 level both live and online and has won two ladies' events in the past year– at the Orleans Open in Las Vegas and the California Ladies State Poker Championship in Oceanside, CA.

We're privileged to have Linda Johnson join us this week to share a little razz strategy with us. (For a quick refresher course on the rules, look no further than Ashley Adams' excellent columns on the game).

Nicole Gordon: Razz is enjoying a bit of a renaissance in the internet poker age now that sites like Full Tilt and Poker Stars have started spreading online ring games and tournaments. Still, razz is missing from B&M casinos outside of mixed games (and the occasional high-limit razz ring games that go off at Commerce). How did you get yourself started in razz? Was it in B&M mixed games or did you just decide to give it a shot in a tournament setting?

Linda Johnson: When I began playing poker in the late 70s, razz was played in Las Vegas at the Fremont Hotel. The game was spread daily and players didn't play too well. I learned to play and enjoyed the game.

NG: What are some of the most common mistakes you see from inexperienced razz players?

LJ: Inexperienced players tend to not understand who the favorite is in a hand on fifth street. Also, many of them don't realize that it doesn't usually pay to continue with a hand if you catch a bad card on fourth street and your opponent catches a good card.

NG: I've found that one hole in my own game is not paying enough attention to the low cards that have already been folded. How crucial is it to track these "dead cards?" Do you have any tricks that help you to remember them?

LJ: It is very important to remember the "dead cards" as this will give you a clue if your opponent has paired or not. For instance, if you have seen two fours folded and your opponent catches a four, it probably didn't pair him. Also, you need to know how many cards are left in the deck to complete your hand. Each person has a different trick to remembering cards, but I just try to pay attention and say them in my head so I can remember.

NG: Let's take a look at a few hand situations. Let's say a J brings it in and I raise with (5-2) 3. A third player, who calls almost everything to the river has (x-x) A and calls. The J folds. On fourth street, I catch a Q for a board of (5-2) 3-Q while my opponent catches a 7 for (x-x) A-7. He leads out at me-- would you call here having caught bad?

LJ: No, you shouldn't call here unless the pot was double-raised on third street.

NG: Let's say it's a short-handed game and you've brought it in with (A-3) K. A couple of big cards fold and a LP player with (x-x) 2 raises. He's the type of guy who could easily be on a steal with one bad card in the hole. Would you make the call here or fold? What if that same LP player was showing a 9 instead of a 2?

LJ: The answer depends on the structure of the game you are playing. If the ante is large, you can consider calling, but you can only call against one player with a low card, never against two players. It isn't a big mistake to fold either. It is easier to make the call against a nine than a deuce.

NG: If you decide to call, what would be your move on fourth street if you catch good for (A-3) K-4 and he also catches good with (x-x) 2-7?

LJ: In this scenario, I would call again on fourth street as there is now more money in the pot and it is a single bet to you. The bet doesn't double until fifth street.

NG: Let's say on 3rd street you were the bring-in with (3-5) 9, your opponent raised showing the (x-x) A and you made the call. On fourth street, you bet out with (3-5) 9-7 and he took one off after bricking with a Q. Now, on fifth street you show a board of (3-5) 9-7-8 and your opponent shows (x-x) A-Q-2. How do you proceed in this hand with a rough nine? Do you check here on fifth street or bet out, forcing him to pay to draw? What happens if he catches a good card (say, a 7) on sixth street and you do not improve?

LJ: I would definitely check on fifth street and hope my opponent checks also. If he has a smooth draw, he is a favorite in the hand. If he catches a seven on sixth street and bets, I am going fold most likely unless he is a maniac player.

NG: Any final words of advice for hold'em players giving razz a shot?

LJ: Razz is one of the easiest games to play, but does require patience. Most decisions are automatic. You should have the best hand or the best draw or fold. It is also a game where it's "what's up top that counts." You can bet and represent a good hand if you catch good cards and your opponent catches poorly. Have fun!