Posts Tagged ‘Tourneys’

Changes Already Announced for 2010 WSOP

Posted By : CarbonPoker September 7th, 2009

wsop chipsThe bulk of the World Series of Poker festivities ended a little over a month and a half ago.  And we also can’t forget that the WSOP Main Event final table still has yet to play out from November 7th to November 10th.  But Harrah’s Entertainment and the WSOP organizers have already begun announcing changes for their 2010 event.

The main change that was announced was that there will no longer be a $40,000 buy-in tournament to kick things off.  The $40k event was held mainly due to the fact that it was the 40th anniversary of the WSOP, and the tournament was very popular among certain pros – especially Vitaly Lunkin who won the event.

But as WSOP Communications Director Seth Palansky explained, it doesn’t make sense to have the event next year.  His exact words were, “The $40K was a good event.  It was a successful event.  But it made sense because it was the 40th-annual World Series of Poker.  That buy-in amount or that event doesn’t really fit when you’re not in your 40th year.”

Another event which will not be back in 2010 is the Champions Invitiational which was won by Tom McEvoy.  The initial Champions Invitational was merely part of the 40th anniversary celebration as evidenced by what Palansky said during the 2009 WSOP when he stated, “We had no intention of putting this on the schedule as a tester to see if it makes sense doing long-term.”

Seth Palansky did mention that both events could be back in the future though when he said, “Both events will probably come back 10 years from now, when we’re celebrating 50 years.  We announced them and intended them as one-off specials.”

So it definitely appears as though both events could be back one day, though it will be quite some time before that day happens.

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How Many Times Should You Rebuy?

Posted By : CarbonPoker September 1st, 2009

cash_pileThere are mixed opinions on rebuy tournaments amongst the poker community.  If you ask super-aggressive players who don’t have any problem throwing money around, rebuy tourneys are the greatest thing ever to happen to poker.  Of course there is such a thing as throwing too much money around in these tournaments so it’s definitely worth taking a look at how many times one should rebuy.

One school of thought is that players should rebuy as much as possible so they always have a big stack.  And if you’ve got one of the biggest stacks, it becomes a lot easier to push other players around on the table.  Unfortunately, multiple rebuys can cause players to be careless and move all-in frequently without much thought.  This is when poker becomes gambling and all of those rebuys are wasted if you don’t make a huge cash in the end.

However, making too many rebuys has to be preferable to not making any rebuys at all which is what some people tend to do.  The reason some players do this is because they like the favorable overlays that are offered in rebuy tournaments.  But this is a huge waste of money because one is putting them self at a huge disadvantage against the other players by not rebuying.

So perhaps the best way to go in rebuy tournaments is somewhere in the middle where you plan on rebuying several times during the course of the tourney.  Doing it this way allows you to keep pace with the other players in terms of chips as well as avoid the reckless trap that some players fall into by acting as if they have unlimited rebuys.  Also, limiting yourself to a certain number of rebuys is a great way to avoid spending too much on a single tournament.

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How to Calculate Tournament Expectation

Posted By : CarbonPoker August 28th, 2009

formulaYou’ve probably already heard poker pros and experts talk about how being a great player often comes down to proper money management.  But to most people, this simply means making money on the tables and avoiding the temptation to spend it gambling in the casino or partying with friends.

However, there is a much deeper meaning to money management when it comes to calculating tournament expectations.  And being able to calculate your tourney expectation is very important since it helps you determine how well you’re managing your tournament bankroll.  It’s also very useful when trying to figure out if you are playing at the right limits.

The best place to start when figuring out your tournament expectation is with the average cash.  For instance, let’s say you cashed for $2,000 over the course of the last month in 60 tournaments.  Taking $2,000/60 you would come up with an average cash of $33.33.

Of course this only shows you how much you made in tournaments where you actually cashed.  So things need to be taken a step further by figuring out how often you cash in the tournaments you play.  To find out how many times you finished in the money, simply take the number of times you cashed divided by the number of tourneys played.  Assuming you played in 300 tournaments to get those 60 cashes, the percentage of times you were in the money would be .200 (60/300) which is really good.

With this percentage you now know that you’d cash in one out of every 5 tournaments.  So the next step is to figure how much you’re spending to get each tournament cash.  To calculate these total costs, multiply the number of tournaments it takes you to cash by rake and buy-in.  Assuming you mainly play $3 + $0.30 Sit and Go’s, the formula would be 5($3 + $0.30).  After doing the math you’ll find that your average cost would be $16.5 to get each cash.

The final step to calculating tournament expectation is subtracting your average cost from the average cash and then dividing it by the number of tournaments it takes you to cash.  In this example, the formula would be ($33.33 – 16.5)5 and the answer would be $3.36.

So, after doing more math than most people care to do, your tournament expectation would be a $3.36 profit for every tourney you play.  And anybody can find out their tournament expectation as long as they keep track of their buy-ins, number of tourneys played, number of cashes, and amount of money made.

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Sit & Go Strategy for the Beginning Stages

Posted By : CarbonPoker August 26th, 2009

poker1-main_FullNobody likes buying into a poker tournament only to bust out a few minutes later.  Yet this happens a lot in Sit & Go’s because players don’t know a whole lot of strategy for how to play the beginning stages of the tournament.  That is why it’s so essential to have a plan for how you’ll navigate through the beginning parts of a Sit & Go.

The first thing you need to employ in your plan is that there is no rush to double up in the beginning.  Many players think differently as they try to go all-in ASAP in an effort to take all of somebody’s chips.  But you should never try to force an all-in call just for the sake of doubling up.

Instead, you should play conservative in the beginning so that you avoid all of the maniacs who have no regard for their tournament buy-in.  If you happen to land A-A and somebody wants to go all-in pre-flop, then by all means put them to the test.  But other than these kinds of situations, you should be wary of jumping into the heavy action too early.

Just remember, you’ve got a whole tournament to be aggressive so don’t get stuck trying to prove something in the early going.

Another thing to be mindful of in the beginning stages of a Sit & Go is playing your position right.  This should go without saying since nearly every player knows the basics of playing early, middle, and late position.

But you should play even more conservatively in early position during a Sit & Go since your chip stack is finite.  In other words, you can’t just add more to it once the stack starts dwindling like in a cash game.  The best strategy for early position is scaling back your starting hand requirements so that you aren’t playing dominated hands like A-Q.

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How to Pick Cash Games

Posted By : CarbonPoker August 18th, 2009

cash_pileMost amateur poker players have one criterion when picking the cash games they play in: are there any open seats?  And this is a major reason why they will always remain amateurs.  So for those who want to come out winners in cash games over the course of their poker days, it is essential to add a little more thought to picking which cash games to play.

The first thing you need to look at when picking a cash game to play in is simply what poker variation you wish to play.  Of course this decision is not as easy as one would expect since there are lots of different variations which include everything from Texas Hold’em and Omaha to Crazy Pineapple.  The best way to figure out which variation is right for you is to keep track of the results you have in each one.  This will require logging some time in the different variations so just play low limits for a while until you figure this out.

Another important factor in choosing cash games is to find a limit you’re comfortable with.  As stated before, begin in the lower limits to figure out what game is best for you, and then move up limits depending on how you’re doing.  Remember though that you should ideally have at least 300 big blinds in your bankroll before choosing to settle at a particular limit.

Getting into more specifics when choosing cash game tables, the kind of table you’ll be sitting down at is crucial as well.  Depending on whether you’re a loose or tight player, table dynamics will affect your success greatly.  Luckily, poker rooms make it easy to find out if tables are loose or tight since they give statistics on average pot size in addition to what percentage of players are seeing the flop.  Obviously, bigger pots and more players seeing the flop means that the table will be looser.

One last element to look at when choosing a cash game is what types of players you will be playing against.  At loose tables, you’ll encounter plenty of players who will make frequent raises, or even go all-in in No-Limit games.  And if you’re uncomfortable with this then a tighter table where the pots are smaller will be your best bet.  On the other hand, if you hate waiting around for big pots and players who only play premium hands then the loose table should be your top choice.

Once you’ve figured out these four elements, you should be ready to pick the cash game which best suits you.

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Avoiding the Donkey Bluff

Posted By : CarbonPoker August 18th, 2009

donkeyWhat most people call the cold bluff is actually known as the donkey bluff to pro poker players.  That’s because a bluff involving a player who puts most, if not all, of their chips into the pot without any thoughts on the board, their opponents, or their own image is a straight-up donkey move.

A lot of times players can get away with this move in No-Limit Hold’em because experienced players aren’t willing to risk a substantial amount of their stack to call.  And this reigns true even if the experienced player has a good idea that the person is pulling a donkey bluff.  However, you’ll be hard-pressed to get away with cold bluffing in Limit Hold’em games.

That’s because players are far more willing to call a player who is making a $20 bluff in a $10/$20 limit game since the risk is much less in this situation.  If a person is wrong on their hunch then it won’t cost them their entire stack whereas being wrong about the same bluff in a no-limit game could.

This is why it’s so important to avoid donkey bluffs in Limit Hold’em because you’re going to get called on them plenty of times which makes them extremely unprofitable.  For instance, say you’re sitting with K-Q on a board of 4-6-2 rainbow.  Unless your opponent has reason to think you’d make a call with a small pocket pair, this board doesn’t present a good bluff opportunity.

So, in this situation, making a big raise would be a donkey bluff – especially if your image is that of a tight player.  If you want to make bluffs like these then you’ll need to represent yourself as somebody who is willing to play small pocket pairs.  Otherwise, you’re just falling into the trap of making another donkey bluff.

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Daily Euro and US $50K Freerolls and 1 VIP Point Satellites

Posted By : CarbonPoker August 6th, 2009

freeIn addition to your standard daily freerolls, CarbonPoker is rolling out something new for your daily dose of FREE.

That’s right, for poker players in the American and European time zones (really — anyone that wants to play) we’ve got some great new freerolls to help you win your way into the $50,000 Guaranteed Sunday tournament. Get into the $50K by dominating these tourneys

These $133.80 prize pool freerolls go off each day at 10:15 and 18:15 Server Time

Official Deets:

  • $50K Freeroll Satellite
  • No Limit Texas Hold’em
  • 1,500 Starting Chips
  • 10:15 and 18:15 Server Time Daily
  • Tournaments >> Scheduled >> Regular

Wait! That’s not all. If you’ve got a single VIP Point kicking around, you’ve got enough to enter another set of tourneys:

  • $50K VIP Pt Satellite
  • 2,000 Starting Chips
  • 1 VIP Point to enter
  • 11:00 & 17:30 Server Time

Good luck in these tourneys!

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Facebook Freeroll on August 9th

Posted By : CarbonPoker August 5th, 2009

facebookBuckle up, freerollers. I think this is going to be a big one.

Our first Facebook Freeroll (two weeks ago) was a pretty big hit with our Facebook Fans at $250, so we’re cranking the prizepool up to $600+!

How do I get in? I KNEW you were going to ask that. I’m NOT emailing the password, I’m NOT posting it on the blog, and it WON’T be sent by carrier pigeon.

The password for this tourney will be posted on the morning of August 9th on Facebook.com/CarbonPoker . It’s that easy! All CarbonPoker players that click on the “become a fan” link will become eligible.

Tourney Details:

  • Name: $600 Carbon Facebook Fan Freeroll
  • Where: Tournaments >> Scheduled >> Special
  • When: Sunday, August 9th, 2009 @ 12:30 Server Time
  • No Limit Hold’em with 3,000 Starting Chips

Check out Carbon Poker on Facebook for weekly contests, updates and exclusive promos. We’ve got over 1,500 fans already – expect that number to grow with each tourney!

Enjoy!

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Sit N Go Strategy

Posted By : CarbonPoker July 31st, 2009

cardschipsSit N Go’s are the perfect practice arena for final table play. Unlike ring games and live cash games, when a player is eliminated, there isn’t one waiting to fill the emptied seat. Adapting to an ever diminishing number of players is a skill that definitely needs to be mastered for the aspiring player.

When a player gets eliminated from the table, it effectively means two things for those still seated, the blinds will come around quicker, and your paying more for each hand. Think of it this way, if there are 4 players left and the blinds are at 50 /100, your paying approx 37 in blinds each hand, or 150 every 4 hands.

If a player is eliminated then your now playing 150 every 3 hands, or 50 a hand. As a result you are forced to gamble more to counter the ever increasing blinds.

Chip stack and blind size should influence your hand selection strategy and hence how loose your play is. So naturally as a table progresses, blinds climb higher and players get eliminated, it is going to become necessary to loosen up your playing style and gamble more. Further more when there are 9 players seated at a table, there is likely to be 2 rather good hands amongst them, either AK or high pockets ect, however as there are only 3-4 players left, the chance of someone having such a good hand is diminished greatly and hence you can play a lot more aggressive with mid range cards such as pocket 8’s

The final argument for the tighter earlier, looser later strategy is the pay out structure. Most Sit n Gos and final tables will pay out the largest percentage to the top 3. Hence you should aim for 3rd. Once you have made the money, it is a lot easier to gamble up for 1st. You’ve already turned a profit, so change from the tighter strategy and gamble to make more.

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Thursday July 30 Freerolls

Posted By : CarbonPoker July 30th, 2009

Want some freerolls? Sure you do!

Today you’ve got some great opportunities to win real money with free entries at CarbonPoker.

We run these tourneys each and every day. Here’s what’s up for today:

$50 Specials

$50 NL Hold’em – 00:1
$50 Short Handed – 04:1
$50 NL Hold’em – 8:15

$50 HORSE – 12:15

First Deposit

Daily First Deposit Freeroll (NL Hold’em) – 13:15

Login, and hit the tables.

Good luck in the freerolls!

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