Archive for the ‘A Marathon not a Sprint’ Category

The Float

Thursday, July 16th, 2009

One of the most advanced bluff moves in poker appears to be one of the most straightforward to execute. In essence, the float move involves calling an opponent on the flop when weak with the intention of claiming the pot on the turn or river with the implication of strength. Easy then. Well no, not really, because as always timing and the right set of circumstances are required to make the move successful and to avoid looking foolish.

Much of the criteria needed for the play to be profitable should be easy to remember. Firstly, it is best to attempt the float against one opponent only. To challenge the strength of multiple opponents in this way is high risk or folly for the obvious reason that there is much greater likelihood that a genuinely strong hand is out there. Secondly, position is key. If your opponent has raised the pot pre-flop and fired a continuation bet thereafter there is every chance he has missed the board. The ‘c-bet’ is generally successful because it assumes that others will fold if they miss. The float is a direct challenge to this assumption and has the capability of destroying the potency of the ‘c-bet’. In essence we are talking about head-to-head power play each time taken to its next dimension. The pre-flop raise without great strength is merely phase one, the ‘c-bet’ on a miss is phase two and the float play (a call with nothing) introduces phase three.

As with all aspects of bluffing a good read is everything. Floating an opponent who rarely plays a non-premium hand is likely to be foolish in the extreme. However, a frequent pre-flop raiser who is aggressively pushing a wide range of cards could be ripe for the picking. Logically, somebody who plays any two high cards or any suited connectors but always fires a bet at the flop must be betting with air a high percentage of the time. It is therefore too weak to give up the ghost everything you suspect that you both missed. But for the play to succeed you need to know whether the loose aggressor will read your call as strength and give up on the turn. If he will relentlessly fire again on the turn and river with nothing then floating is not the play to challenge him with. Rest assured that these characters will instead pay you off handsomely when you finally do pick up a big hand.

But rest assured there are a huge number of players who do see the benefit of hammering the play pre-flop and on the flop but then do slowdown from then on against apparent strength. The float is therefore most likely to work against aware opponents. A maniac who is oblivious to what’s going on around him may be the wrong target for this subtle manoeuvre. Over time it should be possible to determine who is scared of an ominous flat call. Funnily enough, it will often be the better players who are aware, and therefore ‘float candidates’. But this realisation requires further caution because the best players of all maybe able to spot a float when they see one as well. Nothing is ever straight forward in this game!

So far we have viewed the float entirely as a bluff move with scant regard to the cards actually in one’s own hand. But let’s consider a partial float play that isn’t really a bluff so much as a biding of time, displaying some strength and allowing an opportunity to gain further information on the turn. Let’s consider that I have position but have only called a loose aggressive pre-flop raiser with A-Q. Firstly, why didn’t I re-raise!?! No matter. Given that I only called, how should I then react to a rainbow board of 10-7-2? The loose aggressive opponent inevitably ‘c-bets’ and so the decision passes back to me. I regret to say that on too many occasions in the past my natural inclination would have been simply to fold and wait for a better spot where I actually do connect with the board. But hang on; there must be a pretty strong chance that I’m still winning here against much of my opponent’s range. I could consider a re-raise to see if this can take the pot but in many formats this will be risking quite a high percentage of my chips with ace high. I’m not saying this isn’t an option but flat calling may be the best of all three alternatives in this spot. The most crucial aspect of my decision making here is how I perceive my play will be interpreted. Experience tells me that a re-raise will look more suspicious than a call here due to the barren nature of the flop. If I was really strong then why would I want to risk scaring off my rival with a re-raise when there appear to be so few scare cards out there? Had I flopped a set then I would almost certainly be flat calling the ‘c-bet’ so that’s what I will do now. Implied strength.

Having partially executed the float, the turn card now becomes pivotal. There is every chance that the loose aggressor will shutdown if he still hasn’t hit at this point. If he fires convincingly again then I may have to admit defeat but with the consolation that a re-raise on the flop would have cost me even more chips. But there are still two further possibilities, both of which could work in my favour. Firstly, I could spike an ace or jack either of which would be top pair and hard to read having called a flop with nothing. A further possibility is that a card comes along that I can ‘represent’. A second 7 for example could be represented by a re-raise that suggests I called the flop with second pair and then got lucky. Of course, this could be read as a bluff but with the right table image and against the right opponent it could be a great play. It just goes to show that a well timed float can open up a world of possibilities.

A Marathon, not a Sprint

Thursday, September 11th, 2008

It amazes me how often my best multi-table results have evolved from a seemingly hopeless position earlier in the tournament. I’ll be scrabbling around with a short stack for two hours feeling sorry for myself when suddenly my good moments arrive and turn things around. Equally, it’s frustrating to think how often a fantastic early position on the leader board and a giant chip stack has come to count for nothing. As the old adage goes, you can only lose a poker tournament in the early stages, never win one.

There is also a widely held view among players that you don’t want to ‘use up all your luck’ too early. On the other hand there’s consolation to be had in the thought that if you’ve had no joy for two hours then maybe you’ll be due some good fortune later on, at the business end of the tournament. Strangely, since we really know luck is intransigent and unevenly distributed, these largely superstitious views often seem to hold some credibility. Better cards and better luck will often come after a long barren spell in a tournament – assuming you haven’t already been eliminated.

However, there is a more logical reason why early multi-table leaders will rarely last the pace. The initial chip hoarders are often wild, aggressive players who have played a high percentage of pots and enjoyed the rub of the green more often than not. These players are often too reckless for their own good and such a cavalier approach is unlikely to prosper over several hours of competition. That is certainly not to say that all wild players should be dismissed as no-hopers. There are plenty of very good players who will take huge risks in an effort to build a formidable chip stack early on. This is particularly true and understandable during a rebuy tournament when the first hour will often create carnage.

I have seen many a ‘rock’ go to pieces in such a manic environment. A conservative player, unaccustomed to the lottery of the rebuy period will often get angry at the chaotic behaviour around him. To him, loose play equals bad play. If I hear a tight textbook player criticise an opponent for over-valuing AJ during a rebuy I know that fireworks are just round the corner. If you think Ace-Jack is a small hand in a rebuy period then you haven’t seen anything yet! It’s normally a matter of time before the wildest players start pushing all-in pre-flop with the likes of 8-5s. (If it’s suited, it’s good, right?). The rock is not amused when he see his AK, that he’s waited patiently for, cracked by the likes of that.

Tight players need to appreciate that others will put an emphasis on stack building early on and will not shy away from multiple rebuys in that pursuit. Instead of getting angry a rock is better off thinking how this can all work in his favour. Firstly, the prize pool becomes much more lucrative as people throw their money at establishing a good start. Secondly, the rock’s premium hands have a high chance of gaining action from much weaker holdings. In the short term the badbeats can be hugely irritating but in the long term these are clearly the spots one wishes to be in. And it’s not just a question of luck; the rock needs to adapt to this hectic environment he finds himself in. It’s no good crying that your AA didn’t hold up after 8 players called your puny pre-flop raise. If you know you’re surrounded by calling stations it becomes imperative to raise higher and bet stronger than usual.

As for the early hyper-aggressors, success will largely depend on their ability to change gears and calm down after the rebuy period ends. For many impatient people with short attention spans this simply won’t happen.  Other sensitive souls will slow down, but only because they have been so thoroughly chastised by disgusted tighter players. Bizarrely, being harassed and potentially getting embarrassed can lead to better play for the next phase of the tournament. This is just as well since some rebuy fanatics may need a high money finish just to break even after pressing that ‘more chips’ button somewhat excessively.