Thursday, May 29, 2008

Another reason why Poker is so Great




Kudos to FTP and Vpost.

Another $550 worth of Value. May rocks.

Life isn't a bed of roses. End May Updates





+$140 NoIQ bonus
+$182.33 NoIQ cashback
+$416.16 FTP rakeback

Profit = $2519.74


Had a pretty frustrating last week of may, ran really bad and played equally bad. Been getting into real good tables with 3-4 fishes, but as usual, getting outdrawn when the money is good and especially on the river.

In all, had about 8 KKs vs AAs all in PF last week alone, and a few of my AAs vs underpairs didn't really hold up. Typical AK vs AQ PF didn't go that well. Running about -$200 in luck equity this month, nothing spectacular in fact.

I guess its enough for this month, don't wish to play any further and decided to give myself a good break. As for goals for this month,

[x] big month in terms of hands
[ ] not so big month in terms of results
[x] cleared my 100k hand mark
[x] completed a few coaching sessions
[x] wrote some more outlines for my poker book
[x] sch is going great

So in a way, mission accomplished. Gonna chill out, and have some fun over the weekend with some live poker and regenerate my desire to play next month. Till then, cya!

Friday, May 23, 2008

3rd Week Update - Push for a huge last week of May




+$100 NoIQ bonus
+$182.33 NoIQ cashback
+$247.55 FTP rakeback

Profit = $2240.82

Finally got the time to log in hands, though its only about 1K+ per day, its definitely a good start. Normalization of my EV did occur, and my luck equity is now slightly -ve for this month (I wonder if i should be happy or sad, cus it is always going to normalize). Felt that I played okay, sometimes real bad at certain spots, together with running slightly bad in the last few k hands. Nonetheless the results is still pleasing. 5 PTbb/100 at 100nl is a winrate i'll take all day.

I guess another AHA moment occurred to me this week. Managed to multitable alongside with many multitabling solid 22/20+++ regulars. Experimented abit with my game, and started 3betting/4betting light and get into good spots. I've made a couple of solid regulars on my right quit the tables cus its just too hard to play aganist antoher regular on their left who is always 3betting/bluffraising small pots out the shit of them when they themselves are opening lightly.

A note on exploitation. Every play can be exploited. Regulars and fishes alike. Key is to adjust to your reads and play accordingly. When you enter a game not thinking about making money, but just exploiting tendencies, it can be real fun this way!

Gonna push for a huge week to end May on a high. Gd to all at the tables.

Wednesday, May 21, 2008

100k hands Check-up

Since Dec till Current date.



Close to 50k hands at 50nl and about 45k hands at 100nl, and the rest are miscellaneous hands in other limits.

+ about 0.02cent/hand for rakeback
+ about 1k in bonuses

I guess I've hit the 10k profit mark since December.

Running at about 5ptbb/100 for both 50nl and 100nl, can't really complain about that. Last checked I'm doing about 35US/hr (not inclusive of bonuses and rakeback) over this 100k hand sample, so thats something pleasing. It's probably the best temp job in the world.

Only qualm is the quantity of hands I've logged in the past 6 mths or so, 100k hands in 6mths isn't that impressive. Leatherass clocks 100k hands in less than 1 mth usually. Bad for me that my ass ain't leather and I've got my schooling schedule to contend with, alongside with other commitments.

Lets hope things get better in the 2nd half of this year!

Tuesday, May 13, 2008

Mid May Updates




+$117.82 NoIQ cashback
+$101.40 FTP rakeback

Profit = $1256.81

Back from my holidays and spent some of the greatest days of my life this year on a beautiful resort with a splendid beach. Back to the grind and sadly still not able to log a massive volume. Nonetheless things are looking cool as of now. As of yet an ipod classic and a camera is on its way, courtesy of the very useful FT Points that I've happily dumped. Great stuff from poker.

There are a couple of things that I'd like to achieve this month, namely:
1) kick-start and clear my coaching back-log
2) write up more on my poker "book"
3) put in the biggest month ever for this year
4) hitting my 100k hands mark (since december. another 7k more hands to go)
5) Study well for my philosophy module
6) Have a great holiday/study balance

Couple of goals are already on its way in this seemingly busy month. Somehow I feel so much more alive when I'm busier, yet I also yearn for the slow paced, easy going life that has been pampering me over my holidays in Malaysia.

On a poker related note, I realise one mistake newer players make is that they constantly sweat the small stuff instead of worrying of the bigger picture. Very often we see newer players wondering what to do with a given hand in a given situation. Whereas personally and i suppose regular players play poker in a different view.

Instead of worrying about a specific hand, worry on the bigger picture instead. A good general advice is somewhat like this. "you assume a handrange for your opponent, and then you take the most +EV decision you can aganist his handrange"
The later part of the advice will come in terms of betting lines and sizes. When you start thinking in a broader manner, most decisions will be almost automatic and standard, and it rarely involves specificities. While situations may vary, concepts in poker go a long way. Looking poker at a different and broader angle does somewhat simplify a seemingly simple but deeply complex game.

I'm also facing a dilemma of my own, after starting to open up my coaching services. While I'm glad that there are many new and enthusiastic players who are eager to discuss poker with me on a private level, I've to balance the interests of my students together with the interaction of these eager players. After rationalizing with myself and my trusted gf, it became clear of where my initial priorities should be. I have to be fair to my students who are putting their money in good faith that they will learn and gain something valuable out of their experience, that will put them in good stead ahead of other players without this learnt knowledge.

I'd strongly advice players to make full use of forums available, be it 2+2 or pkaki, for fruitful discussions. The onus is on the player to learn, and not via spoonfeeding and waiting for something to happen or to trying to get some quick advice from some other players. I'll still see myself contributing to public resources but as for private materials, i'll have to reserve them to cater more to the needs to my students for now.

Well thats it, wishing everyone to have a great May at the poker tables!

Sunday, May 4, 2008

May 1st Week. Holidays woooo!




+$38.63 NoIQ cashback
+$84.30 FTP rakeback

Profit = $800.97

Picking up where I left off last month. Decentish start to the month, all is good for a short holiday as well as putting in tons of hours to prepare coaching materials and write my own poker book. This month should be interesting!

Thursday, May 1, 2008

Evolution of a Poker Player - The learning cycles.

April has passed and I just did a review of my entire blog posts since August. I think I have achieved the initial goals that I've set, less the volume part. I would say the decent results are a good bonus and reflection of the work I've put into studying of this game. Not that it is alot, there are plenty of avid students of this beautiful game that can put me to shame. But remembering a quote from AEjones (one of my fav players), to really do well in poker (or whatever games/jobs/skills etc etc), one has to let poker consume your entire life by allowing yourself to start thinking, eating, sleeping, drinking and even making love with poker. I'm no where as close to being totally consumed by it, evident in the amount of poker hours I put in actual play. However I do think alot and write alot about this game (I'm no authority to speak for higher stakes or other different forms of poker), a game that is definitely beatable by a varying degree. Being the perfectionist I am, I just can't pass up the opportunity to solve this beatable game at the stakes I play.

I would like to recap my learning cycles since I started playing poker, all of them falling into separated categories. My feel is that most if not all players go through the same cycle as well.

Unconscious Incompetence - Not knowing you don't know
All beginners start at this stage. We do not know alot of things in poker and we are not aware of our ignorance. We start off just by playing two cards, ignorant of basic concepts such as pot odds, implied odds, drawing odds until we hear someone say something about them and "Hey! let me do some read up and research on these funky lingo spoken by those weird poker guys."

For any enthusiastic new player, this part of his learning cycle is one of the steepest. For there are gazillion amounts of new information for this new player to absorb and to apply. Some hardworking and better ones learn and apply newer concepts in their games, while there are others who simply remain in the "Ignorance" zone, and for whatever reasons these players are just not learning and applying the concepts into their games. When this learning curve is kickstarted, this brings us to the 2nd cycle:

Conscious Incompetence - Knowing what you don't know

As the new player starts to apply newly learnt concepts in poker, and due to the nature of poker (that results do not necessarily verify the viability of a certain concept), he gets into more interesting spots that he is unsure of. He becomes aware of his soft spot, or leaks in general, that needs to be rectified. By being consciously aware of stuff that he doesn't know or is unclear on, he is then able to direct his efforts into learning and correcting them.

Personally, it is at this stage I struggled the most on, in about a year back. Being bombarded by the myriad of information and advice available on the internet, I felt there is just too much intricacies of the game to learn on, and applying them effectively is a greater chore. I learn a new concept, apply them, and still I'm not sure of whether I'm doing the right things. If the first stage of learning cycle is the steepest, then this stage can be considered the deepest and widest. When you start to be aware that you don't know - and I mean don't know ALOT ALOT ALOT of stuff- it can be very draining and demoralising in your games.

To be able to proceed beyond this stage, I believe it is impossible to do it as an individual. You will be lost in the sea of information, and without proper feedback channels, you will just be like me at this stage, knowing what I don't know, and very unsure of what I know. You will need a peer group, a mentor, or someone who has been there to properly guide you and teach you what you NEED to know. I managed to ease myself thru this stage via coaching subscriptions and just learning by players who have been there, done that. With the availability of coaching services and sites out there, this learning stage has been very much reduced. This is also one of the reasons why the games are getting tougher in the major sites. In a nutshell, I feel that paying to learn is a decent investment that will give its returns over and over again.

Unconscious competence - Not knowing what you know
This stage is not a separate stage by itself, as it shifts between the first two stages. As mentioned, during the first 2 learning stages, there are just too many new things that I learnt that subconsciously, I do not even know that I've learnt and done the right things correctly.

Another example that I can fully relate myself to is that when I first got the coaching subscriptions, I was just mimicking the actions done by the Pros into my games, without knowing the reasons of why I'm doing that. The pros say "3betting suited connectors in position is +EV against a late position raiser" and I go "Oh I see! Lets just do it." Alright apparently I "know" what to do, but in reality, I'm totally unaware of the reasons of why I'm actually doing it.

I would say that this stage is the real inflexion point of any player who is trying to advance his game. It is like climbing Mt Everest, reaching the last col before the summit, and you are already out of breath, dying. Only the strongest can cross the inflexion point and make it. The reason why this point is a tough one to break is because of the "ignorance" factor of what you know (which should be alot by this stage). Playing robotic poker without knowing the reasons for your play is commonplace for multi-tabling grinders. Tagfishes fall into this category. Any form of poker without thinking (on the presumption that you "think" that there is a standard play for every situation) fits in as well.

Breaking through this stage requires alot of individual thinking of the game. It is when you start probing the intricacies of the game that you will learn and cross this inflexion point. A simple example is thinking of the differences of having AK on a K72 board compared to a KJ10 2-toned board or a K67 2 toned board. Another way is to keep asking questions such as "How do I make my big pairs AA and KK earn more and lose less?" When you start digging deeper and deeper, you may hit rock sometimes. But in reality, you have struck gold by the simple act of thinking. The best exercise that I can recommend is that for every play that you make, be it bet,check,fold,raise, be very sure to have a good logical reason before making the play. Talking to yourself privately "I cbet this flop because ........", "I fold because......." When you talk to yourself, you will find yourself making less unwarranted spewy and stupid plays. Again you have struck gold by putting yourself closer to stage 4 of learning curve,

Conscious Competence - Knowing what you know
Being totally aware of what you are doing on a poker table has dramatic consequences. Personally, after the lessons from my coach, the greatest takeaway was the confidence I've drawn by knowing what I've been doing right and what I've been doing wrong. The simple act of knowing, and having the confidence to know that "Hey, what you have been doing is correct and you should constantly be doing that" from your coach helps validate your plays on the table. No one can take that confidence away from you when you just know you are making the right plays more often in situations you face. (Obviously there is no way you can make the right plays in ALL situations, else you will be Patrik Antonius)

This part of knowing what you know can be dangerous too. The reason why it is called a learning cycle is because it is supposed to be one. When your learning cycle stops at conscious competence, it can even bring about disastrous outcomes. The act of believing that "you know it all" is a sign of overconfidence, and it can hurt your play. My personal example is that whenever I run very well and feel that I'm on top of my game, I tend to hit a downswing pretty quickly due to certain bad plays by having winner's tilt. The good thing about a downswing is that I always end up playing better and having more experience coping with it. The reason is because in order to improve(and get rid of the downswing), you go through the same 4 stages of learning cycles again to review, critique and refine your plays. And whenever you do that, you struck gold again.

Conclusion
In the quest for improvement, the four learning cycles are constantly shifting in and out of your poker game. The important point to takeaway is firstly, be aware of the phases of learning cycles you go through, and secondly, not to be stuck in one particular phase of a learning cycle for too long. If you do find yourself stuck, do seek help from your friends, a mentor, or anyone with a different perspective. (On a side note, many middlestakes to highstakes NL players take coaching from various coaches so as to get a different perspective of the game whenever they are stuck in a particular limit that they can't beat) I would also have to conclude that in order to improve, one has have the work ethic to put in independant study of the game. Poker afterall is an individual game and it is very important to have your own personal views of the game.