Sadly, given the exciting title of the blog, this week’s subject has nothing to do with me. Instead it refers to last week’s exciting climax to the Ladbrokes’ Poker Million. The glamorous 6-seat format runs over several months and after dozens of the world’s top players tumbled out over 12 heats and semis the televised final didn’t disappoint. Belfast professional Marty Smyth, the only man to make the two previous finals was back again and this time he emerged triumphant. His success was made remarkable by a comeback from the dead that should inspire every tournament short-stack.
The live final began with Smyth rightly among the favourites for glory. However, nobody was backing him soon after he suffered an almighty setback that all but knocked him out. Southern Irishman Liam Flood raised in position with K-K, Smyth re-raised with A- K in the small blind and soon found himself facing an all-in bet from his veteran opponent. By this stage the Ulsterman knew he was in trouble but felt pot-committed to play a hand as strong as A-K to its conclusion. The better hand held up and Smyth was left with a measly 15,000 chips – the cost of one big blind and one small blind. Disaster. Of course it’s only in retrospect that I use the phrase ‘almighty setback’. At the time Smyth was assumed to be out. The old poker adage that ‘all you need is a chip and a chair’ is a nice thing to say, but to all intents and purposes, meaningless. Surely.
Soon after this major pot came a seemingly innocuous moment that will surely come back to haunt the likeable Liam Flood, known to many as The Gentleman. He was suddenly the new chip leader and determined to use that status to the full. This meant all-out aggression and raising a wide range of cards from various positions. This tactic is fully recommended for a man in such a position but needs a little adjustment or at least extra consideration when a tiny stack is left at the table and set to act after you. Flood promptly raised with 5-4 and Marty Smyth, somewhat inevitably, plunged his final 15,000 chips in with a King and half decent kicker. Everybody else folded and Smyth was left in a great spot to double up with only Flood’s mediocre holding to beat. Again the best hand held up and one further all-in success a few minutes later and the 3-time finalist was miraculously back in contention.
Although it would be harsh to blame Flood for such an unlikely reversal of fortune it was a loose move that sparked Smyth’s comeback and it shows the importance of finishing off a major opponent while you still can. The best prospect of finishing the Ulsterman off would never involve him taking his chances against 5-4. Had that hand being folded then it’s far likelier that a better hand or two would have been involved in that ultimately pivotal showdown. Raising trash hands has value against opponents with smallish but not desperate stacks because they are less likely to move all-in. If they do so then the weak raising hand can be folded and its limited showdown value isn’t exposed or relevant. This was not the case with Smyth who was guaranteed to play almost any two cards in his predicament.
Ironically Flood received his final comeuppance two hours later when again holding 5-4 he re-raised all-in on a bluff pre-flop from the small blind. This time he found the now fully revived Marty Smyth ready and waiting in the big blind with A-Q. Timing is everything and Smyth has a remarkable tendency to pick up great hands at the perfect moments, as well as being a terrific player. It’s a pretty formidable combination.
On another day the ingenuity of Flood could have been tournament winning and it was certainly a pleasure to watch. The re-raise all-in with 5-4 may sound like a wretched play to a novice player but that shows an ignorance of the table conditions he found himself in. First of all, the play was clearly intended to win the pot uncontested at a stage when the high blinds were vital to win. It was based on a read of the initial raiser and the belief that they couldn’t call an all-in re-raise with the hand they held. There were only a few hands Smyth could have called an all-in re-raise with behind him and he found one of them. In this respect it was bad luck rather than a bad read that denied the maverick efforts of Flood.
The difference between the first ‘5-4 hand’ and the second was all about fold equity. In the first instance Flood was almost certain to get a call from the short stack but on the second it was very unlikely, so he had lots of fold equity. Unfortunately for Liam Flood he got a call each time and his weaker hand failed on both occasions. In contrast, Marty Smyth never looked back from the defeat of Flood and it was third time the charm as he became Poker Million Champion 2008.
Simon Ballou writes for Oddschecker Poker