Monday, 23 January 2012
DTD Grand Prix V
Sunday, 22 January 2012
Black Friday Summary
Sunday, 23 January 2011
DTD Grand Prix II
Sunday, 2 January 2011
Rush On Demand Tournaments - A love and hate thing
Recently, a number of people who frequent the GNF Forum have been posting up some really good results on Full Tilts 'Rush Poker On Demand' tournaments. This led me to spend a great deal of time over the xmas break grinding this format of game to see what the fuss is about. I thought I would share some of my initial thoughts here.
For those that don't know, Rush Poker is the innovative format of poker whereby instead of being allocated to a table, you form part of a large 'pool' of players who are allocated a table on a hand-by-hand basis. Therefore if you are done with your hand you 'quick fold' and are instantly reassigned a table and receive a new hand. This creates fast and furious action all the way to the final table, which reverts to normal structure. This has been around some time now, however the latest advancement is the concept on Full Tilt of 'On Demand' tournaments, which are essentially Sit-and-Go tournies, that start when a predetermined number of people register but crucially allow a period of late registration (like regular MTTs). This creates larger player pools and thus larger prize pools. The vast majority of these tournaments running at the moment are $4 or $11 buy-in (with the occasional $24 one), and whilst they start with 45 players, they usually end up with 150-250, and generally complete in around 2hrs.
From playing them over the holiday period, I have found them frustrating and fun in equal measure, and whilst I have doubts over their validity for skill improvement of players, I can see how they can be profitable (especially if you run good!). But it is a bit of a love/hate thing, so thats how I will break it down...
Things I love about Rush On-Demand
1. Availability. The On Demand format has seemingly constant stream of tournaments. I have yet to find a time where I couldn't jump into one. That, naturally is both a good and bad thing. Good from a time management perspective, but bad from a bankroll perspective if you are running particularly badly or are tilted.
2. The speed of the tournament. The format and structure means you can get deep (or get knocked out) fairly quickly. You tend to know if you are going on a deep run before the first hour is out. Contrast with normal tourneys where you can play for 3 or 4 hours and leave with nothing. The game slows down when the FT is reached of course, and can often take as long as the preceding 'rush' element. Not that you mind at that stage however, as you are in the money.
3. Lack of chatbox action. Refreshing lack of shit-talking in the chatbox as there is no time as the table changes, and besides as soon as people have folded their avatar is still displaying but they are away on another table in their next hand. This does make a welcome change from all the rubbish usually spouted during a tournament!
4. You are harder to pick up on. No history (until near the FT), makes stealing and aggresion much more profitable and less likely to be picked up on, and whilst I believe online tools for stat gathering/display do exist for rush tournaments, I find it hard to see that most will be able to make any sensible use of this before the final table due to the pace of the game.
5. Lots of mistakes. Less time for decisions forces people into big mistakes against concealed hands and the sheer number of available games makes people 'gamble' a lot more. This is very much evident during the first 50% of the tournament but evens out later. Whilst this is a good thing, it can also be frustrating as the amount of suck-outs and rivered winners seems far higher than in a regular tournament.
6. Quick chip accumulation. If you can build a big stack quickly, accumulating chips seems rather easier than in a regular tournament. Partly I think because, with people being more selective about hands to play, they will be quicker to shy away from a confrontation with an aggro big stack than in a regular tourney where they may not get another opportunity for some time. The counter argument also exists - if you play too tight, or get decimated by a lost pot, then you will face almost constant aggression and you will be forced to gamble sooner than you may like.
Things I hate about Rush On-Demand
1. Tilt! It is far too easy to tilt with this format. There is precious little time to re-group thoughts and composure, especially after losing a pot to a bad beat or making an erroneous big call. For this reason, the format can be a big money-spewer....in many ways the opposite to a 'double or nothing' tournament format (although you would have to be lobotomised in order to be able to withstand the boredom of grinding that format, in my opinion).
2. Big Blind Shenanigans. I have had situations where I have ended up on the Big Blind multiple hands in a row. This has only seemed to happen when I have been relatively shortstacked, and when the blinds are higher this can be immensely frustrating. In a regular tournament you can strategise in terms of picking your moments to push, but this is impossible here. Conversely, the times I have done well I seem have to have been in mid/late position a lot when I receive the good hands. I'm guessing it is supposed to balance out ultimately, but it never feels like that at the time.
3. High Variance. Variance is VERY high, partly due to the turbo structure, partly because you don't build up any knowledge of your table, partly due to fish shoving all in at any chance they get in earlier levels and partly because of the mechanism (lots more hands and people can be more selective) resulting in big hands such as AA,KK,QQ clashing more often. This does make the format feel like a video game sometimes.
4. Not 'real' enough. The feeling that no matter how much you play it, or how well you are doing, that you simply are not playing 'proper' poker. The real skill edge in poker is post-flop, and through much of these tournaments, you are not exposed to these in the same way you are with deepstack poker. It can certainly help you get better in some aspects of the game, but after playing this structure for a number of days, I was yearning for a long-haul deepstack game to slowly chip up in.
5. Addictive. This format is extremely addictive. Far more so that regular poker, where the time investment can often decide when a session ends. This is bad enough when you don't have a problem - but some people do.
So, to summarise - Rush Poker On-Demand tournies are a great deal of fun, and can be very useful if you are on a limited time schedule, however the variance can be brutal and it is often too tempting to play larger games than your bankroll allows for. This is one of my big leaks in general. I am absolutely sure that if you deploy good bankroll management, then this format can be profitable long-term, however from a personal perspective, I'd prefer to keep this game as a sideline to MTTs/STTs to help blow off a bit of steam. Your mileage may vary.
Kudos to Full Tilt for introducing something that is genuinely innovative into the poker landscape though.
Precipice Averted
Monday, 13 December 2010
The Edge of the Precipice
There has been a lot of talk recently state-side about the recent amendment to US spending laws, and more specifically the proposal of the ‘tagged on’ inclusion of a bill relating to the legalisation and regulation of online poker within the United States. The bill has been put forward by Nevada Senator Harry Reid, clearly with an eye on providing a crafty leg-up for the giant casino companies within his constituency, and an eye on revenue generation for the government at large. The PPA (Poker Players Alliance) - a non-profit organisation set-up to represent and get a good deal for poker players have seemingly backed this surprise bill amendment. The bill is being passed through what is called a 'lame duck' session of Congress, due to end on Dec 17th.
Right now, it is touch and go whether it gets included or not, however I wanted to analyse this in a bit more detail. Partly because the bill MAY get in now, and if it doesn't, then it may form the basis of future amendments.
Wait! Don’t go anywhere! I won’t bore you with reams of US legislative legalese. For a start there is plenty of coverage of this subject online already, and secondly I won’t pretend to understand the detail behind US government legislature. The reason I am writing about this, and why I have a bee in my bonnet on the subject is that this seemingly innocuous bill could potentially affect all of us here in the UK, as well as everywhere else in the world.
From my limited understanding, the key points in the bill are :
- From January, there would be a 15 months blackout on all online poker within the US
- After this blackout period (designed to allow new sites to be developed), regulated sites would be allowed to trade. The difference being, they would be owned by brick and mortar casinos rather than the dedicated poker sites that currently exist. Any casinos looking to go down this path would have to have been established for five years, which rules out any of the large sites buying a casino property to get around the law.
- The new sites would (initially at least) serve only US players, and states could elect to ‘opt out’ if they chose - both from the new US-based sites or from online poker altogether.
But what does all this mean to UK micro/mid-stakes players? Well the first thing that springs to mind would be smaller prize pools due to the vastly reduced player base. No longer will there be that chance of sitting down with $10 and turning it into life-changing money within a few hours. Satellites are the next thing that spring to mind - the smaller player pool would mean fewer satellite seats, less chance of mixing it with the best in the world and for the number of players who are up for the challenge - there will be less chance of going 'pro'.
On a wider scale, a complete blackout for US players would be devastating for many players who earn their money from grinding online. The oft-stated benefit of having a new pool of recreational fish when the blackout lifts - eager to play on a legal, regulated site - seems to be pie in the sky to me. After all, I can’t imagine there are many players who want to play online now but refuse to on the basis that the main sites are in the Isle of Man or the Caribbean and are not regulated by their state government.
Once the ban lifts, many could still find their state opts-out leaving them completely high and dry for the foreseeable future. Large international marquee events such as the WSOP rely heavily on people satt-ing into seats. The lack of online satellites for US players coupled with the reduced number of representatives from outside the US will likely lead to significantly smaller fields at the WSOP, especially the main event.
Having many small-stake players taking an extended hiatus from the game may reduce the overall desire for people to be immersed in the game, reducing exposure on TV as poker becomes 'recreational' again. As for other staples of the game, such as online training sites, massive forums and publishers like 2+2 working to a comparatively tiny customer base will change the landscape further.
Everything will depend upon a second ‘boom’ two years down the line, and there is no guarantee of that. Indeed, there is a significant chance that the US political landscape may change during this time, delaying the blackout further.
Which brings me to the annoyingly single-issue driven PPA. They have backed the current plan, despite the huge impact this will have on US players (like many US organisations, the concept of anyone outside the US being important seems to be overlooked). This is an organisation that has no ‘world view’ at all. A true alliance of poker players would be campaigning for the inclusion of everyone...they would have representation campaigning in France and Italy (two countries who have opted out of an international field already) as well as Washington DC.
Even if the PPA remained US-focused, they should be challenging any law-change that would be to the detriment of the players they represent, which this bill clearly is. Yes, the US Government want revenue money from poker; Yes, it should be easier for US players to withdraw money; Yes, there should be a degree of regulation to prevent sites ripping anyone off (although the current ‘big two’ sites do a fine job at self regulation anyway). I don’t think anyone disputes any of this, but in order to achieve these goals, it seems the PPA have jumped at the first opportunity without really taking the long term impact on the global game into consideration.
It seems a shame that - at first glance at least - the one organisation purporting to represent a large section of players, looks about to sell their members out.
Poker is unique, in being a truly global game where a beginner can find himself playing a world champion regardless of where they live in the world. The regional legislation in France and Italy were big enough setbacks to the game, but taking the US out of the online poker world would be relatively speaking, catastrophic.
As I said at the top - I’m no expert on US law, and within this article I have limited my knowledge to the various items of news information and forum/podcast discussions I have followed. I may be wide-of-the-mark, but from everything I have heard, it seems we are potentially heading for a car-crash and the vast majority of players won’t see it coming.
Our big hope at the moment is that the bill doesn't get included, however if it doesn't get in this session, it seems to only be a matter of time. And I don't think many will be viewing the PPA as the knight in shining armour coming to the players rescue after events over the last few weeks.
And should the worst happen and it does go before the law-makers, I have heard that the chance of this bill making law is a coin-flip, and as a poker player that doesn't make me feel much better because we all know how those usually end up...