re: Poker & Playing live - losing money
Originally Posted by ranma187
I adjusted to raising 2.5 the BB because even when I raise 4 or 5 times the BB most of the people will call anyway, in my situation it saves me money. most flops I will have to fold, but when my hand hits. the more the merrier.
So when you hit you're building smaller pots and instead of getting 5 players in the flop you now have the entire table so the guy with 59o flops his two pair on a 5A9 board and you're behind by a mile.
One thing I learned real quick live was to adjust my openings to the table's flow. Some tables are only betting 3x BB to open, some are opening a lot more. I model my open size to that. If players are happily willing to call a 5x pre flop raise from any position why not maximize the amount you're winning?
Originally Posted by AcesFullOfDonks
So, from what I can tell, playing live I should be opening my premiums large. Say 5-10xBB? More so maybe? People were calling with garbage and catching the flop, i.e. Q7o in the SB when I opened in MP or UTG. Also Ranma, if I aren't opening with pocket 4s here, hoping to set mine, what should I have been doing? Folding or limping and hoping to catch the flop? And hoping I aren't raised?
I thought my tight image (which was mentioned at the table every time I raised a hand, only to get called anyway) would have been taken into account but it seems a fit or fold style was adopted at this table.
I've found so far it seems good to adjust your opening bets to the table flow. If the table seems to be betting X than go with it. What I found was nice about this is that LP good players can set the PFR to whatever I want, so if there's a weak 2-3x PFR standard at my table , I can open from say the button with 5-6x and do well. If they're willing to call bigger raises, I'm doing it and this is coming from someone who only recently made the move to more live play.
Good observation about people playing with junk, there's a bunch of aggro regs at my room, I've watched them, junk like Q7 are hands they're making pots like $30 to go preflop with or even the bad "just for fun" folks, it's amazing how aggro some people are.
Set mining live I found is a little less clear cut to me than online set mining. For example if I'm in LP , I have the ability to wait and see what everyone else does. If second to act makes it $12 to go and by the time it reaches me like 4 players have called that bet, I only have to pay $12 into a pot that's around $50 odd bucks, I hit that 4 on the flop and it's not a made flush or st8 board, I know someone is firing a bet in there, I can raise them like 3-4x or just shove and make bank. Now these aren't perfect odds but live you WILL have folks calling these 5-10x pre flop raises with shit like Q7o which makes implied odds to me HUGE when you hit a set. Even if you get someone who gets in there with AA and you land a set of 4s, you're pretty much going to make money with no effort here lots of the times. And hey if you miss the set, just check it down or fold. Don't be the hero who tries to steal that pot and get called down by a guy with Q7 who turns his Q.
As for limping small PPs, I'll take that over my above example, it's a super cheap way to set mine and is usually well hidden.
And besides most 1/2 live players aren't paying attention anyways. Like you I regularly have a player or 3 mention how tight I seem and at least one of them STILL is willing to stack off against me with a pair! I had someone verbally go into detail about a tell I had when a card hit, the other guy STILL called me all in with a paired up Ace vs my quads (he told me after the hand to be polite, but still the other player was oblivious to any tell I might have given off). At least 3 players at my table other night had me read like a book and I still could play pretty basic ABC poker against the other 6 players and make some profits. Just occasionally get "caught" playing a junk hand whether or not you win the hand and people will mark you as not as tight as they assumed.