One away from the money... bet this?

Discussion in 'Games of Chance' started by JackT, May 26, 2006.

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  1. JackT

    JackT

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    2,351
    Yep, live tourneys are more like $60+15, $100+20, $150+60, or $9700+300.
  2. mitchmaxx

    mitchmaxx

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    Yes, Mike, its the internet, They must make MILLIONS a day... I wish I would have seen this craze coming, I would have tried to get involved... I once tried to figure out what they make a day, but it was mind numbing...
  3. BigMadM

    BigMadM Linoleum

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    wait a minute, all these 20 plus 2 games are online poker? that would explain it.
  4. BigMadM

    BigMadM Linoleum

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    ok, now I understand, but why would a casino sponser an event where only 20 bucks is at stake, and their end is at a 10 seat table, 20 bucks?

    They rake every pot at a normal game, and Im sure they rake in 50-100 bucks an hour easily at a 1 dollar table.

    when I played in Vegas alot, years ago, it was 1-3 dollars, only 3 raise maximum on any card, never more than 3 dollars a raise, but even then pots got pretty big.

    All these texas holdem games in the casino, I guess the ante is 1 buck, and thats all you have to lose if you want to fold after 2 cards.
    Ive played plenty of times where the ante was a quarter or 50 cents.

    Im just trying to follow this, since I dont follow much holdem games in the casino, I watch some, but never a tourney, at least not for years.
  5. Waterclone

    Waterclone Go ahead. Try me.

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    Yes, the chips have no specific value, other than as score keepers.

    However, sometimes they to corrolate to the buy in.

    I believe that the Main Event at the World Series of Poker gives you 10,000 chips for your 10,000 buy-in. So there is a 1 to 1 ratio of the chips in play to the prize pool.

    However, that doesn't relate to how much you win. The winner of the main event ends up will all the chips, but the first place award is something like 10% of that.
  6. JackT

    JackT

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    20+2 means you pay $22 to enter the tournament.... $20 from each player goes to the pot, to be split and divided amongst the winners.... $2 from each player goes to the "house" or the online site as a "rake" or a "vig"....

    Every player who pays his $22 gets say, 2000 in chips.

    So when you hear slinky say in a 11+1 game that he's going all in with his 3300 chips, think of it as 1650 pennies....
    Last edited: Jun 1, 2006
  7. BigMadM

    BigMadM Linoleum

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    11,013
    ok, so chips have no dollar value, just the one with the most wins....no buyin cash for tourny?

    and please explain what you mean, 20+2 dollar 30 or 50 man games.
    I dont follow this jargin.
  8. Waterclone

    Waterclone Go ahead. Try me.

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    For the record, I have put more than $500 into a single hand. :)
  9. mitchmaxx

    mitchmaxx

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    1,221
    Its in tournament play, you start with 2 or 3 thousand chips, and go from there... I usually play the 20+2 dollar 30 or 50 man games... they start you with 3,000 and by the time you are in the final 10 or so, you can have 10-20 thousand chips...
  10. BigMadM

    BigMadM Linoleum

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    11,013

    is this 3300 dollars, or chips, and what is the value worth, cause that seems like real high stake poker to me, I didnt know we had guys here that play 500 dollar a hand bets on one card.
  11. BigMadM

    BigMadM Linoleum

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    11,013

    is this 3300 dollars, or chips, and what is the value worth, cause that seems like real high stake poker to me, I didnt know we had guys here that play 500 dollar a hand bets on one card.
  12. JackT

    JackT

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    2,351
    VARIANCE... ain't it a bitch....

    (or ain't it sweet, depending upon your last hand)....

    I've gone through month long droughts at the SNGs where I would go long stretches without placing in the money, and when I did it was invariably 3rd place....

    If you're truly making good decisions, and often find yourself the victim of constant bad beats... just hold the course -- variance will turn around again.... (the 10+1s really are full of players that make HUGE mistakes on a regular basis throughout the tourney).

    Of course, if you can beat the 20+2s and you have the bankroll for it, then perhaps you should be playing those anyway!
  13. Waterclone

    Waterclone Go ahead. Try me.

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    3,158

    Checking it down isn't courtesy. It's smart play. Whether you are the chip leader or not, making the money is not guaranteed. The best chance to guarantee that you will make the money is to get the short stack all in with as many people as possible and check it down, hoping to knock him out.

    However, that isn't absolute. If you have a strong hand that needs protecting, or if there is money to be made in a sizeable side pot, then you must protect your own hand and do the best thing for you.

    The dumb move I see made is when someone is all in with 2 other players and there is no side pot, one dumb player will make a bet with a draw, or a small pair. Often the push out the player who would have knocked out the short stack, and then if they get eliminated next and miss the money, it's no one's fault but their own.
  14. JackT

    JackT

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    2,351
    No. My "didn't work" was referring to my attempt to bleed more chips out of him. SB folded, and I took down the pot (and the win, after a couple of scares).
  15. Slinky Bender

    Slinky Bender The All Powerful Moderator

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    I've been still getting hammered at PP. Last nite's bad beat: 5 players, I'm sharing the chip lead with a little over 3,300, other 3 have arpound 1500 eahc. I have QT, 4 of 5 limp. Flop QT5 rainbow, check, check, I check to button/co-chip leader. He bets 500, I go all-in. he calls with AQ off. A hits on river. I'm what? 85% to 15% favorite?
  16. Slinky Bender

    Slinky Bender The All Powerful Moderator

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    So, the CO hit his flush and beat you? And the guy you pushed out had a higher spade?
  17. Slinky Bender

    Slinky Bender The All Powerful Moderator

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    I generally agree with that "courtesy", but with top 2 pair, I wouldn't refrain from betting. I think the "courtesy" is more in line with not trying to bluff out someone who might end up beating the all-in short stack, and you bluffing them out ends up with the short stack doubling up and staying in the game (which doesn't benefit anyone left). But if you've got a monster, it's another story. If you had JT, I might not have done it.

    Plus, if you are one out of the money, you REALLY don't want to put the other guy out, and he would have won against the low stack and you don't, because if he would have, it would have put you into the money (along with everyone else left at the table).
  18. mitchmaxx

    mitchmaxx

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    1,221
    F that coutesy crap... I play to win, if that means going all in against a short stack, to keep everyone else from raising, so be it, I won a 50 man 10 dollar tounament last night...We were in the money already, I was dealer 5 people left I was at @ 40,000 chips. BB was 2000, SB was 1000 short stack goes all in with 3500, I had KK in my hand, I could have just callled Short stack, because I know BB would have called, but then I have 2 other guys who may catch some cards and beat me, so I go all in, sSB folds BB folds, Flop is Ad4H6H, short stack has Kd10c, I end up winning the hand, but BB had Ac3h, if I would have just called short stack, BB would have called as well, and taken me out...
  19. JackT

    JackT

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    2,351
    One away from the money in about as high stakes a SNG I play.... Should I bet the flop or should I check to keep SB to give a better chance of CO being eliminated? (two players to knock him out instead of one).
    Here, even if CO somehow doubled up on this hand, I felt my stack size was such that I wasn't afraid of not making at least 3rd place in this tourney. I know the unstated "courtesy" is usually to check down to eliminate the short stack, but with a small bet of 225, I thought I could get SB to call me and thus I could bleed him for some more chips.... didn't work, but what do you guys think of the play?

    What do you do here?
    Last edited: May 26, 2006
  20. JackT

    JackT

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    2,351
    PartyPoker 100+9 SNG Tournament, t200/t400 (4 handed) Converter on pregopoker.com

    CO (t730)
    Button (t5868)
    SB (t5388)
    JackT (t8014)

    Preflop: JackT is in BB with T:diamond: A:heart:
    CO raises to t730, Button folds, SB calls t630, JackT calls t530

    Flop: (t1890) 8:diamond: T:spade: A:spade: (3 players)
    SB checks, JackT bets t225, SB folds

    Turn: (t2115) 6:spade: (2 players)


    River: (t2115) J:spade: (2 players)