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    Cash Plays feat Mike Kelly

    Posted by John Kim April 12, 2012

    This week on Cash Plays, we decide to get right into the strategy and let the experts like Marco discuss the latest news in the Poker industry.

    Three betting in PLO8

    A listener emails us a question about three betting and polarizing hand ranges in PLO8.

    Joe states that he rarely three bets light in PLO8. In most cases you are betting into a better hand. Also, you can only bet the size of the pot so you are less likely to push anyone off a hand.
    The only time he does is when he is trying to get maximum value out of his high hands.

    Joe feels a big mistake that players make In PLO8 is missing value bets. Too many times players miss bets on the river because they are afraid of being scooped when they don’t have the nuts.

    AQ hand

    Next we review a hand that was posted on our forum on StackEmCoaching.com.

    In a 1-2 NL game, Our hero buys in for $100 (50 BBs). UTG raises to 5, Hero re-raises to 20, UTG calls, Button calls. The flop comes A,10,5 rainbow. UTG checks, Hero shoves all-in at $84 bet into a $64 pot. UTG folds and the button calls. Turns out that the button was holding AK and our hero is stacked.

    The poster feels he could have done a better job with bet sizing to tighten his opponent’s range.

    In this particular hand, it is inevitable that the hero would be going broke no matter what line he chooses to take. But we can’t look at it this way.

    In the long run, this type play will be very bad and you will be losing value. With this overbet, you are only getting called by better hands. By betting 1/3 to ½ the pot can bring in worse hands and increase your value.

    You don’t want to be in a position where you’re only going to be called by better hands.

    As we stated, it was inevitable for our hero to go broke in this hand. But, It is important not to be results oriented. It’s about making the right decisions.

    Pre-Flop bet sizing

    A player I have been coaching is playing at a 1-2 NL table. A splashy, loose player with a $400 stack raises to $12 UTG. Hero, who is sitting on a $250 stack, re-raises to $60 with pocket 8s and UTG folds.

    In my opinion, this is poor bet sizing. With that size of bet, there is no way she is going to be called by worse. As a basis, we recommend 3x as a proper bet size. With a smaller bet, she could have brought others into the pot that could be holding hands that pocket 8s play well against.

    Giving up long term profit to avoid the pain of having a high hand cracked is not a good thing. To get to the next level, you have to leave emotion out of poker.

    Think rationally, logically, and in equity. The goal of poker is not to win the most pots. Over betting pots with Aces will win you a lot of pots, but you are giving up a lot of equity in the long run.

    Mike Kelly

    Mike is a former online player and a coach for Cardrunners who has made the transfer to live play. In this segment we talk about his experiences from being a former poker dealer and the amount of rake that some casinos are currently charging the players.

    We then go on to discuss the use of HUDs for playing online. We stress the point that while these HUDs have a wealth of information, it is basically giving the player frequency data. It is very easy for players to become too dependent on the HUDs and overlook the fundamentals of the game. This hurts these players when they convert to the live game.

    Mike goes on to talk about the differences between Live and Online play. He feels the fundamentals are basically the same. The big difference is that in live play there are a lot more multi-way pots. Also, he finds that he is able to make a lot more money live by value betting as compared to bluff catching online.

    Mike stresses the importance of watching and paying attention to hands that get to show down. Mike goes on to describe a recent live hand to prove this point. A player had a pair of kings and a flush draw on an Ace high board. Mike check raises the turn as a semi-bluff and the villain calls. The river comes a King giving the villain trip kings. Mike checks and the villain checks behind on a board where trip Kings are clearly the nuts. Given this information, it is obvious this player will never value bet thin.

    In a future hand, Mike is in the BB in a five way pot. Mike checks and the flop is 8,7,5 with two spades. Mike value bets the flop. He gets one caller. The turn is a non-spade Ace and Mike again value bets and the player calls. The river comes a non-spade 6. Mike checks the river, the player bets $50 into a $60 pot. Mike says the player bet in a very strong manner which set off his tell alarm. Given the player’s history, Mike makes a sick call and the villain shows a busted flush draw. This shows the value of paying attention while playing live.

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