Showing posts with label Poker. Show all posts
Showing posts with label Poker. Show all posts

January 2012

I've been a bit MIA for the past two weeks. I was lost in the Writing A Book Very Fast Zone. Now, I'm entirely capable of writing a book in under a month, but it feels a bit like holding my breath under water. If I get distracted or relax too much, I'm likely to drown.

In reviewing this first month in Germany, things have been a mix of awesome, good, and moderately frustrating. I've written and/or revised about sixteen-thousand words in the past few days, so I'll just fire out some bullet points. The awesome:

  • Thanks to friends and strangers alike, my Kickstarter was a complete success.
  • Zen Madman's Flash Fiction Folio is complete. The design is mostly done, too. Just a few adjustments here and there, and we're ready to go to print.
  • I've gotten to know a new country, home to delicious caramel soy pudding and "Happy end" toilettenpapier.
  • Reached my goal of weighing 80kg, despite my new Nirwana Noir addiction.
  • I started playing Heads Up Limit Holdem again. Man is this game fun!
The good:
  • Got set up on a few Euro poker sites.
  • Published the Poker Player Bill of Rights.
  • Made some decent cash playing HULHE.
  • Kept up with my blog for the first couple weeks.
  • Learned enough German to avoid the soup with Schweinefleisch in it.
The moderately frustrating:
  • Failed to reopen my PokerStars account. This was a mix of logistics and distraction on my part.
  • Importing a Word document into Indesign resulted in some data loss, slowing the process.
  • Still feel like an ignorant American who can only speak one language.
To review, I'm happy with the month, but I'm already working hard for a better February.

It. Is. On.

2012 grind in full effect. I'll be playing 6 to 10 hours per day, almost every day, for the rest of the year. I'm going back to the method I used to build my game up in 2008. Two shorthanded tables or one table heads up. High focus, quality over quantity, repeated hour after hour. Warm up and review, video and study.

In other poker-related news, I've been on a video-making tear. Sledghammer and I just recorded a two-part small-blind mini-series. We covered some fundamentals and some not-so-fundamentals. I've also got four new table play videos in the queue, so look for an increase in Limit Holdem content on DragTheBar.

I'm also doing a small amount of private coaching, available for $75/hour or $300/5 hours, only through my Kickstarter for Zen Madman's Flash Fiction Folio. I'm excited about publishing my fiction for the first time, but it will be easier to focus on poker once the project is done. Only 65 hours left on the Kickstarter, so act fast if you want coaching, the book, or a postcard from online poker tour 2012!

Discount Coaching For Flash Fiction Fans

As part of the Kickstarter for my Flash Fiction Folio, I’m offering poker coaching at about half my normal rate. That’s $75 for one hour or $300 for a five hour package. Each of those comes with the eBook and paperback editions of my first collection of fiction. Sessions can be for limit (small to mid-stakes), no limit (small stakes), or poker theory (including EV calcs and combo counting), and you can split the cost with a study buddy or group.

It’s super simple. All you have to do is participate in my Kickstarter at the $75 or $300 reward levels. Where else can you buy coaching through Amazon?

Out of the Clouds


I’ve been in Germany for a solid week now, and despite all the novelty – new language, caramel soy pudding – the time has flown by. It took a few days to get some poker sites set up, and I’ve yet to play a substantial number of hands. It’s time for that to change.

That’s not to say I haven’t been working. I’ve drafted an ambitious year-long plan, worked on my flash fiction project, and finished up my Poker Player Bill of Rights. But it’s time to get my grind on. Head out of the clouds, feet on the ground running. Running good, I hope.

Poker Player Bill of Rights

From superusers to colluders, from shady sites to greedy governments, poker players are constantly at risk of being cheated, swindled, and defrauded. While intelligent players look out for themselves and each other, not everyone has access to enough information to keep safe. There should be an organization keeping an eye on these things, allowing players to focus on playing.

Before an organization can fight for our rights, we first must establish what those rights are. To this end, I have drafted a Poker Player Bill of Rights. I have defined and explained each right below, and followed that with an assessment of where we currently stand on protecting these rights.

For the complete Poker Player Bill of Rights, visit pokerfuse.com.

To Do (Ha Ha!)

I'm a big fan of To Do lists. Maybe it goes back to my parents' "To Do (Ha Ha!)" file*, but I'm great at making lists of things to do. I'm slightly less awesome at crossing everything off of them. I've pretty much been moping around the house all day, not for any particular reason. But we're coming up on low noon here on the East Coast, and that usually means I'm about to get productive. At the very least, it means I'll force myself to write a blog. Here's my to do list before dawn:

  • Print out a copy of "No Balls, Two Strikes" and mail it to my grandmother along with a Happy New Year card.
  • Get at least "very close to done" with Part 2 of my newest poker article.
  • Indulge in shameless self-promotion for my Flash Fiction Folio.
  • Eat some warm oatmeal with maple syrup.
  • Walk my girlfriend's sister's dog.

* (My mom had written "To Do" in pen. My dad responded by writing "Ha Ha!" in pencil, referencing the fact that items stayed in the folder past their due dates.)

Facebook Poker!

That's right, Facebook is hatching plans to enter the real-money online gaming arena. Will this make them the world's largest online affiliate? Maybe. I ponder the question for Pokerfuse here: http://pokerfuse.com/features/editorial-opinion/will-facebook-become-worlds-largest-online-poker-affiliate/

Why Merge Should Lower Their Fixed Limit Rake

Some poker players sing a requiem for Limit Holdem. They think it’s dead. It’s not. About 20% of all poker hands played are still of the Fixed Limit variety of Texas Holdem. But only a small portion of these are played on the Merge network. Why? Because they’re strangling the games with high rake.

Sites like PokerStars understand that Fixed Limit needs a different rake structure from No Limit. Due to the nature of the game, a typical player will see more than three times as many flops in Limit as in No Limit. (In a sample of 90k hands, I saw the flop 31% of the time in Limit compared to 7.7% in No Limit.) Under a no flop/no drop policy, this means a Limit Holdem player gets raked three times as often as a No Limit player.

The solution is to increase the increments by which rake is taken. In a $1/$2 game, that means not raking the pot until it hits $5. In a $2/$4 game, it means not raking until the pot hits $20. This allows the Limit Holdem rake to fall closer in line with No Limit. Merge is raking the pot as soon as it hits $.20. The charts below illustrate the difference in rake between Merge and its US-friendly competitor, Cake. Notice how Cake rake moves up in steps while Merge rake follows a smoother line.
$1/$2 LHE Rake Comparison
$2/$4 LHE Rake Comparison
The pale yellow area shows the extra rake that Merge is taking. Does this mean that they’re making more money than they would with a lower rake? No. The rake is so high that playing Limit Holdem below $10/$20 is an unsustainable endeavor. They’re suffocating their traffic by preventing anyone from flourishing. There are many high-volume players who won’t play on Merge because of the rake. If they cut rake by 30% and double their traffic, they could increase profits by 40%.

Limit Holdem should be a goldmine for online poker sites. Edges are thinner than in No Limit, so recreational players last longer. They can’t blow off their whole stack in one hand. And the typical loose style of a recreational player is less costly in Limit, since proper play involves playing many hands and seeing lots of showdowns. Being stubborn is an asset, not the liability it is in No Limit.

I sincerely hope Merge listens to its customers, because they have the opportunity to be a leader in online Limit Holdem. They have quality software and reasonable deposit and withdrawal options for US players. If they make their rake equally reasonable, Limit players will flock to their tables.

Good Game Stars


I signed on to PokerStars today to convert my remaining Frequent Player Points to cash. Having purchased a $4k Supernova bonus shortly before Stars closed shop to US players, I only had a few hundred dollars worth of FPPs to convert. When I opened the cashier, I was surprised to see almost a thousand dollars sitting in my account. Thanks to Stars’ quick agreement with the Department of Justice, I had been able to cash out my previous balance within a week of the US shutdown. So why was there money in my account? Because Stars is the best.

The PokerStars VIP program is built around milestone bonuses, where you earn a few thousand dollars every hundred thousand points or so. Since I was caught between milestones with 8 and a half months left to play, they prorated the bonus and deposited the cash into my account. While this seems like the logical course of action, few online poker sites would make good on their promised rewards in this fashion. But Stars does the right thing.

I’m saddened that due to my government’s rectal-cranial inversion, I can no longer play poker on the best site on the internet. What will happen in the future? Who knows. Maybe Stars will fight the DoJ and win. Maybe regulation will come in the form of legislation. Maybe the smaller sites will learn from Stars’ example and pick up their game. But for now, it’s good game Stars.

Good game.

Live Poker

Back when the Neteller fiasco hijacked the online poker money train, I decided there was no way I was going to give up the game. Still, I came up with a back up plan that can be summarized in two words: Live Poker.

The consensus among online professionals seems to be that live poker is either boring or torturous, depending on the cards and the company. I'll admit that there are a lot of negatives to playing poker in person:
  • Fewer hands per hour
  • No shorthanded tables
  • Smelly/obnoxious neighbors
  • Having to wear pants

I've played thousands of hours of live poker in my life, largely because I appreciate many of the positives:

  • More laid back
  • Weaker players
  • Physical tells
  • Interesting folks to meet in person
  • The feel of the cards
  • Dragging a big pot and stacking the chips
  • Carrying racks upon racks to the cashier
  • Getting paid in crisp hundred dollar bills

Now don't get me wrong, I haven't given up on playing online. Black Chip Poker looks like a solid option for the US player. But I'm not going to throw five figures back on to a site until things cool off a bit. For now I'll play a few sessions here and there. I'll be spending the majority of my working hours in casinos and card clubs, though. Playing live poker.

Happy 420

I don't smoke pot. I never have. That's not to say I'm opposed. It's just not my thing.

The fact that the majority of my friends and previous girlfriends were potheads meant that every day at 4:20 there would be giggles and high fives and the refrain of "let's go smoke a bowl." I would roll my eyes, not because the smoking bothered me (it didn't), but because having some official time, like it was a holiday to get excited about - well, it just struck me as arbitrary and annoying, like somehow that was more their time than it was my time.

But I get it now. For almost a hundred years, marijuana has been criminalized and scandalized. And for what? Alcohol is a harsher drug, but that's legal. Cigarettes can kill people who don't even smoke them, but they're allowed. I've always been in favor of legalization. I even sponsored a bill in mock congress when I was 14. (When it lost 6-6-1, I literally fell backwards out of my chair in frustration. Ironically, the one dude who abstained from the vote didn't abstain from drugs. But I digress.)

What I understand now, on 4/20, is that when you're a group that's been fighting for your rights for the better part of a century, it helps to have a rallying cry. A rallying time. A rallying place.

It may be 4/20 today, but now is the time for poker players to rally as well. Now is the time and this is the place: Free Association

The Prettiest Card
(Villain's Lament
live at the Lair)

Here's a live performance of the first track off my band's upcoming CD. The song's called The Prettiest Card and the band is called Villain's Lament. It's about poker. Sort of. And sex. And relationships and all that jazz. Mostly it's drawing thin and wanting what's not good for you. It's sort of a shred filled pop-punk rock song.

Don't Listen To Phil Hellmuth

That’s the name of the book I just finished writing with Dusty “leatherass” Schmidt. I finished my final edits yesterday, and in a marvel of modern technology and book design, you can already purchase and download the e-book at giantbuddhapoker.com. The hard copy ships January 2nd. That’s fast.

Don’t Listen To Phil Hellmuth took over four months to write, rewrite and revise. It felt like a long time because I expected the book to take just two months, and the delay pushed back my Supernova Elite chase to the point of extinction. Looking at the process, though, four months is an extremely short time frame for a project like this. After all, Dusty had to teach me the finer points of No Limit Holdem, then I had to put them into writing, and then we had to refine and reinforce the material to the point where it can teach you the finer points of No Limit Holdem. Learning something to the point of being able to teach it is an intense process.

When Dusty asked me to work with him on this project, I said yes for three reasons. First of all, there’s the money. I’ve never been overly motivated by the greenbacks, but the prospect of making good money as a writer appeals to me. Dusty’s first book Treat Your Poker Like A Business has sold very well, so I figure this book is a good bet to sell at least as well, maybe better since it’s bigger and jam-packed with strategy advice.

The second thing that appealed to me about writing this book was the chance to develop a bigger name as a writer. Ten years from now, I think I’d rather be writing than playing poker, although I imagine I’ll still be doing both. Having the opportunity to hone my craft, put my name on a book that will end up in a lot of hands, and get paid for it, was not something I could pass up.

Finally, there was the chance to work with Dusty Schmidt. He’s a polarizing figure in the poker world and possibly the biggest online winner outside of the nosebleeds. I admired his work ethic and assumed he must be doing something right strategically to be making all that money. So I thought talking to him for a hundred hours or so might be fun and would certainly be educational.

Well, we’ll see how motivations #1 and #2 pan out, but I have to say the book’s already worth it for me on account of #3. Not only is Dusty a thoroughly good dude, he possesses a keen mind for poker strategy and an ability to articulate the logic behind all of his plays. He never says, “Well, I usually do this here because I feel like it’s the best play.” Or, “I like a bet here.” Or to borrow a line from the book, “I led out here to find out where I stood.” He always has a well-defined reason for each play, and I think you’ll see that in our book. The second part of the book, “25 Hands With Dusty,” showcases this particularly well.

We had a hell of a lot of fun writing this book, and we hope you have a lot of fun reading it.

Zen Madman Day 0 of 100

I began my 100 Days of the Zen Madman at the stroke of midnight. More like the click of midnight since everything's digital these days. I'm only five hours into my madness, and I'm already tired as hell. That's because I'm out of shape, out of practice, and thoroughly unprepared for what lies ahead. Rather, I'm mentally and physically unprepared. I'm emotionally committed, though, so I expect the body and mind will fall in line. Time for sleep.

Progress so far:
1790 VPPs (296,223 total)
1 video produced
1 chapter written
1 blog

New Friends

I had lunch today with acclaimed poker author and vegas vegan, Ed Miller. He was kind enough to bring me a box of Ronald's (vegan) Donuts and give me a ride to Whole Foods, where I restocked on coconut water and bananas (among a bevy of other items). It's always nice meeting someone that you have a lot in common with, and as a new author, it was great to pick the brain of one of the best poker authors out there. It doesn't hurt that Ed's a super nice guy, either.

After a late afternoon nap, I hailed a cab over to the Palms for the PokerStars party. I'm sure an open bar, Go-Go dancers, and Snoop Dogg appeal to a lot of people, but to be honest, I was pretty bored for the first hour after I entered the club. I had more fun waiting on line chatting with a couple strangers. Both are still in the main event, and one of them turned out to be friends with the next DragTheBar coach. (I can't tell you who it will be, but he sounds like an awesome addition.)

Things picked up once I met up with two of my Limit Holdem buddies, Jesse "Thor" Haabak and Jake Abdalla. Last year they finished 26th and 72nd, respectively, so they gave me a little WSOP pep talk. They're both cool and pretty laid back, and probably had a lot more fun tonight than I did. I wish I could have hung out longer, but I've got a lot of poker to play tomorrow. It's great to have an insider's view into how the main event plays as the bubble approaches, but first I have to make it through Day 3. Today wasn't all that restful, but it was fun and social, and if tomorrow turns out to be the same, it will be a good day.

Rollin' Up A Stake And Goin' To Vegas

I watched Rounders again a few days ago. The poker isn't quite state of the art, but it's still the best movie ever made on the subject. It goes to show how much you can do with a good script and a great cast.

I find myself in much the same spot as Mike McD - a pocket crammed with cash and a plane ticket from New York to Vegas. This will be the first main event I've played at the World Series of Poker. I'm looking forward to the madness, but I'm much more excited about my first book, Way of the Poker Warrior, and my new website. Details to come.

In fact, there's a possibility that I'll play my first hand at the Main Event on the same day that my book is released, and one day after meeting Hunter, Dusty, perhaps our bracelet winning coach Ian, and who knows how many other awesome coaches and players. Considering that two years ago I was grinding it out at $3/6, it feels like the big time.

I'll be making regular updates on Facebook and Twitter (GiantBuddhaPoke - yeah, funny, huh?). If anyone's in Vegas, shoot me a PM, or stop by and say hi if you see me. When I'm not at the WSOP, I'll be at the 2p2 parties, playing some crazy mixed games, and at the Bellagio, camping out at the mid-high Limit Holdem tables.

Road Trip

Unlike most online poker pros, I love live poker. I love it for all the reasons many hate it. The people. The pace of the game. The sound of the chips clacking together. The feel of dragging a big pot and stacking my winnings into massive pyramids. Well, everyone loves that last part.

The pace is what kills most online players. We see so many fewer hands per hour. Patience, which was once paramount in poker, can almost be sidestepped online by adding more tables, or playing this aberration they call RUSH. I like to do everything fast, unless it's worth doing slow. But the best life advice I can offer is this: don't rush.

So I'm going back to where patience is at a premium. I'm heading down to the Borgata in Atlantic City tonight. I'll be there until the sun comes up. If anyone's in the neighborhood, feel free to drop by and say hi. I'll be getting my live poker reps in, taking my time, warming up for the WSOP.

Way of the Poker Warrior

It turns out that writing a book is both difficult and time consuming. It's also a hell of a lot of fun. I am proud to announce that I have spent the past six weeks writing and revising my first book, titled Way of the Poker Warrior: A black belt's guide to conquering the tables. Better yet, it will be published by Imagine Media and available on my new website and elsewhere within the next few weeks.

This is not the first book I have written, but it is the first book I have finished. They say that writing is rewriting, and that's the difference between a completed book and a finished book. Completed first drafts of a novel and a screenplay sit on my shelves, but I never got around to sanding the edges and making them the best they can be. I only spent six weeks doing that for Way of the Poker Warrior, but I had two huge advantages: an editor and a deadline.

Writing for a deadline is tough. Harnessing creativity on command is not simple. But being on a mission can be inspiring in its own way. Knowing that I had a deadline to make and that this was actually getting published provided the drive to push through to 4 PM on days when I had to. 4 PM may sound like an early quitting time to some, but when you begin work at 8 PM the night before, it has a different feel.

Writing for an editor is easy. Well, writing for a good editor is easy. Criticism can be hard to take, but when it's constructive criticism attached to intelligent suggestions, it makes the process more efficient and productive. While I did all of my own writing for this book, Scott Brown made sure to get the most out of my poker, teaching, and writing abilities.

I'd like to thank Scott for helping me write the best first book I could. I'd also like to thank my teacher, Grandmaster Suk Jun Kim, legendary grinder Dusty Schmidt, and DragTheBar CEO Hunter Bick for contributing awesome forewords and afterwords on my behalf.

So what's this book about? It's about martial arts and poker; learning and teaching; and a way of life. There is blood and sweat; peace and discipline; and sexy river check/raises. I do my best to be honest, introspective, and informative while switching gears from entertaining narrative to broad poker lessons to in-depth hand analysis, with the pride of a samurai and the humility of a monk. Or some crap like that.

You can read it soon enough and let me know if I hit my marks.

Grindathon: Day 28 (Final Day!)

After 207.5 hours and 80,022 hands, my Grindathon is finally done. I will leave my building tomorrow and not play poker. At some point, I will post a coherent summary, but for now, here is today's video: