《Emperor of Poker》41: Tournament styles
Advertisement
You know why everyone suggests your bankroll should be the size of many buyins? Because a lot of the time, no matter what you do, you're not going to win. As much as poker is a people game, it's also a numbers game. In the long run, that means poker is a marathon, not a sprint. Personally, I don't mind it at all though; It just means I get to play a lot more poker.
After the pool, everyone went to do their own thing. Some people started playing. Some people took a nap. Joey was eating lunch with Anwar. "So, how long have you been playing?" Joey asked.
"...A couple of years." Anwar answered.
"I heard poker wasn't popular until recently though...How'd you get started?"
"Hmmm. Well...I scored a 680 on my Math SATs. My father called me a failure. It really affected me. So at university, I persisted and worked hard and finally scored full failing marks in my 1st year to let him understand what real failure is. Delusional old man."
...
"After that, my family stopped sending me money so I started dealing and playing poker," Anwar explained.
Before he could lose any more brain cells, Joey excused himself to go play.
...
The poker room was filling up. Joey took a look at the 2-5 games and frowned. He recognized most of the players from yesterday. To put it simply, the game didn't look good. Most of the players were at least decent. He thought about what Andrew told him yesterday and evaluated his options. He remembered someone said the casino has daily tournaments, so he went to the desk staff to ask about that.
"We have a tournament starting in 20 minutes. It's no limit hold'em with a 200 dollar buyin," the staff member said.
'Seems like a good opportunity to work on my tournament game.' Joey bought in and waited for it to start. The tournaments in this casino took place in a large conference room nearby the poker room. It was a bit more plain, and not quite as well lit, but more than adequate.
Advertisement
Once registration closed, the staff began to assign seats. Approximately 50 people signed up. So the prize pool was $10,000 minus the casino rake. Similar to cash games at private clubs, casinos took rake from games. In the case of tournaments with a buyin, they would rake a total amount upfront. For this tournament, it was 15% so the total prize pool was $8,500.
After everyone got in their seats, the staff finally handed out chips. Ten minutes later, the dealers were prepared and the tournament started. As the first cards were dealt, Joey thought about a concept he'd realized during his last tournament. He found that there are two broad styles to how you can approach a tournament when you're above average in skill level versus the field of players.
The first is conservative. In this style, you avoid taking risks when you're only a small favorite. You'd prefer to get large amounts of money in only on the river where you can't catch an unlucky card, or in spots where you already have a very good hand or are very confident about a read. This strategy's strength is in reducing the effect of luck on your results. The downside is you need to get lucky enough to encounter good opportunities to build your stack. Otherwise, you'll pass on many decent chances and could be blinded out that way.
The second style is high aggression from the start. Since Joey knew that the prize pool was weighted towards the top 3 places, and large stacks have a big advantage, it's reasonable to try to build your stack early when other players are still warming up. If you can build an advantage early, it could snowball into a crushing lead like Joey had in his last tournament. All in all, he felt the aggressive style is probably more profitable.
The disadvantage is obvious as well--the exposure to luck is much higher, increasing the risk. There's a much higher chance of getting knocked out early. 'I should probably name these two styles. I'll call this aggressive style...Tiger Claw Dragon Fist.' Joey squeezed his hands into fists. He closed his eyes, feeling the raw strength...
Advertisement
Shortly after, he woke up from his power fantasy. 'I'll shorten it to Tiger Style.'
He thought about what to name the conservative style...
'Turtle Style. Because f*ck it, why not?'
Now the only issue was choosing the best style for the tournament. 'What should I do?' Joey contemplated. He looked back in the direction of the poker room. Soon after, he smiled because he found his best move. Joey realized he had an external advantage here. Even if he lost the tourney, he had a good backup option to play the cash games.
The downside of early aggression was a higher chance of losing quickly, but since he had a solid backup which negated that, it only left the positive—higher overall profitability. So he decided to go with Tiger Style.
This wasn't a tournament where he cared about becoming the champion. If it was a big tournament like The World Series of Poker where he was playing for more than just money, that might be a different story. Each situation has its own best solution. Joey started his engines. He looked for early tells to choose his targets, and morphed the rest of the table into an animal farm.
...
A few hours into the tournament, it was entering the late stage. There were 15 players left and the top 10 got paid. Joey hadn't gotten good cards but he still had an average chip stack so he was optimistic about making it into the money.
A few minutes later he got involved in a big hand. The pot was built preflop, and his opponent went all in on the flop. Joey had a pretty good hand, but he took his time to study his opponent before making a decision.
"Come on junior, don't take all day, we're trying to play poker here," his opponent complained. Joey looked at this young guy wearing sunglasses.
Everything was telling Joey that his opponent was very strong. He shook his head and pushed his cards forward to give them to the dealer. "I fold," he said.
"No, you don't. That's a call you twerp," his opponent said.
Joey frowned.
"That's a call." The dealer said.
"What are you talking about? I just said 'I fold,'" Joey clarified.
The dealer pointed at his hand. "The chips. Once your chips cross that line...if it's half or more of the bet then it's considered a call, even if the chips stay in your hand."
Joey looked down. His hand that was pushing the cards forward was also holding most of his largest chips. He'd been playing with them while thinking, a habit that many poker players have. 'So they have a rule like that here...' Joey unwillingly pushed his chips into the pot, his opponent had him covered so Joey was now the one all in.
The dealer dealt out the cards which didn't improve Joey's hand. His opponent turned over a set, three tens. Joey looked at his pocket queens and threw them into the muck. He was knocked out from the tournament and out of the money. He sighed.
He lost the tournament but he just learned a valuable lesson. Another reason to start slow in a new venue, besides the players, is to get used to all the house rules. The rules are often slightly different in each place, whether casino or home game. If you don't know them, you could get burned badly, especially in a tournament. From now on, he would remember to ask about them before making such a mistake. Knowing he learned that, he wasn't upset.
As Joey got up to go to the poker room and look at the cash games, the sunglasses guy gave him a little dig for good measure, "Hey buddy, thanks for the donation, better luck next time, hahaha."
Joey snorted and continued on his way. He knew it was pointless to argue with him. After all, if you get bitten by a wild dog, you don't bite it back.
While it feels good to destroy your enemies, the best way forward is usually to build yourself.
Advertisement
- In Serial206 Chapters
Reborn - The Jade Phoenix Saga, Book 1 (A Cultivation LitRPG Series)
Book 1 of this series has been published in partnership with Portal Books and is up on Amazon and soon-to-be Audible. Corrupted.This is the word that has defined Yu since her infancy. Her God Sign is corrupted and so she is a cultivator without cultivation. Frail and sickly, Yu is the only descendant of her mighty warrior lineage to live without strength, without purpose. She is a stain on the honor of her family, an embarrassment to her prestigious clan.Hidden away, Yu comes to live with the constant scorn and ridicule of her peers. She is bullied, beaten and bloodied. But she is never broken.She dreams of one day proving herself worthy.Defying her father’s wishes, Yu trains with her twin Jian swords, using her flawless memory to perfect their complex forms. Working in secret she builds her martial skills to a level unheard of for her young age. But her skills mean little without cultivation.Until she is given a chance – a chance to be reborn.
8 367 - In Serial68 Chapters
Odd Heroes
Child. Teenager. Knight. King. Tyrant. Each one different a time of Reina Romane’s life, each different aspects of her personality In a world of Artists who can manipulate the Arts, the elements of the world, Reina just wishes to be left alone with the people that took care of her when she was abandoned. However, when she receives a vision of the world being destroyed, she is plunged onto the path of destiny. A game has begun with the sake of the world on the line, and Reina will need to work with the worst parts of her to save her loved ones. An insidious plot is forming and nobody is looking in the right places. People are after Reina; however, it’s not her they want, but something darker within. Something powerful. They will stop at nothing, kill anybody, and cross every line to get what they want, and Reina may be the only thing standing in their way …… if her will is strong enough This is meant to be a slow burn story with slice-of-life elements to it. There will be action, but it'll take time to get to it. A lot of the focus will be on Reina's time at the school.
8 118 - In Serial20 Chapters
(•Yandere M. x F. Reader•) •Oneshots•
•Yandere Male x Female Reader oneshots•
8 378 - In Serial278 Chapters
System Only Gives Me Useless Gifts
Li Yun grew up with a system that gave him useless gifts. He wanted a reward that could prove the existence of the system, but ended up with abstract gifts like culture. Without physical proof, he was stuck wondering whether his mind was truly sane, all the while dealing with the reality of life. How will the "useless" system help Li Yun navigate medical school, hospital politics, criminal cases, treasure hunting, farming and cooking? Author's Note: This is a slice-of-life novel about a doctor with a mission-type system. It's written as a faux modern Chinese novel, so there are many 1-off characters and episodic mini arcs. Just a bit of warning, the tone of the story is very different after the childhood arc and jumpy as it chronicles Li Yun's life. I'm trying to make it less apparent in the rewrite, but there are still a lot of time skips. RR is the rewrite version, no set schedule. See webnovel for OG. scribblehub is a combo of both . I recommend scribblehub since it has pictures. Copyrights of the novel and cover are owned by Chocomug. Novel is free to read and download for personal use, such as offline reading, only.
8 832 - In Serial11 Chapters
New chance
A bleach rosario crossover staring the 4 espada ulquiorra as he is given a second chance at life to find his heart. this fiction is starting back up dont mind the hiatus tag
8 179 - In Serial9 Chapters
Skz smut
Idk
8 106

