5/10 NL- max 10BB buy in!

[graarrg]

Yes, yes, another fine poker thread relevant to the situation in florida.

At the seminole hard rock there is a 5/10 nl game, but the buy-in is capped at $100. Thus, it's pretty much gamble time.

With a $6/half-hour time charge, is this game worth playing? Because the rake was probably always capped at $5 before, this actually might surprisingly be an improvement. The time charge pretty much forces the rake to be $120/hr at a 10-handed table. At the same rate of hands per hour, say 25, and a rake of $5, that changes to a decent deal for the table as a whole.

Anyway, I figure with the stacks that are being G4mb00l3d up into big 100BB+ ones, I could run up $100 by nitting it up preflop and destroy the gamblers when I get deep stacked. Would anyone give this turbo sng style cash game a shot? or just play at the bore-fest 1/2NL?

There is also a 2/5 game with a 100max buyin.

[AKQJ10]

Adequately bankrolled (~$2000), I'd most definitely play this in preference to the $1-2. Then I'd play almost verbatim out of Miller's GSIHE.

Just keep in mind that, even after doubling or tripling up, you're still playing a pretty short stack with most effective stacks still at 10BBL. So you'll never much get away from short-stack NL, except those glorious times when you find yourself mining sets against a lucky fish who's also built up a stack.

Don't let the short-term variance get you down, and this should be much more lucrative than $1-2. As bad as the fish are at NL, they're probably even worse at short-stacked NL, calling all-ins with their suited kings and offsuit connectors and what-not.

[Rick Nebiolo]

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Yes, yes, another fine poker thread relevant to the situation in florida.

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I don't know much about the rest of the situation in Florida so realize my comments come from that perspective. I assume there is some sort of legal cap on buyins and perhaps blinds.



[ QUOTE ]
At the seminole hard rock there is a 5/10 nl game, but the buy-in is capped at $100. Thus, it's pretty much gamble time.
With a $6/half-hour time charge, is this game worth playing? Because the rake was probably always capped at $5 before, this actually might surprisingly be an improvement. The time charge pretty much forces the rake to be $120/hr at a 10-handed table. At the same rate of hands per hour, say 25, and a rake of $5, that changes to a decent deal for the table as a whole.

There is also a 2/5 game with a 100max buyin.

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I would think you would get more hands per hour with such short stacks; anyone going into a long tank over a 10 BB decision should be shot.



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Anyway, I figure with the stacks that are being G4mb00l3d up into big 100BB+ ones, I could run up $100 by nitting it up preflop and destroy the gamblers when I get deep stacked. Would anyone give this turbo sng style cash game a shot? or just play at the bore-fest 1/2NL?

[/ QUOTE ]
This sounds like a good plan. My guess is these games would often get five to seven way pots. You would want to bring at least five rebuys but a good math player should have a huge edge. This edge may even be greater in a game that has been going a while where rebuys have gotten many of the stacks deep (even though you have to start with $100). Obviously you can't start playing implied odds hands; but you don't have to worry about reverse implied odds and can gamble allin with hands that do well multi-way.

Because of collection issues I think this sort of game might work well in LA and the strugglig casinos (e.g., Normandie, Crystal Park) should consider it.

The 10 BB cap does seem a bit much though; I think the $5 BB game with the 20 BB cap might work better. At least there you can make a flop bet when you start [img]/images/graemlins/grin.gif[/img]

~ Rick


Edit to add that I just read Slacker13's post in the Florida thread. If the games stay like that long they should be easy to beat but you won't develop much deep stack skill.

[graarrg]

Thanks guys.

I do have decent technical deep stack skill, since I usually play 200BB deep online. I have some decent short stack crunch skills too bccause of my turbo SNG experiences, but that's a little different due to ICM and the pressure from the blinds.

This is definitely not about my development as a poker player- it's hopefully about pulling in 5PTBB+/100 so I can have a backup plan if online poker ever hits the bottom. [img]/images/graemlins/smile.gif[/img]

[graarrg]

Well, I just got through my first 4 hour session. Result: -$500. From a BB standpoint, that's pretty much nothing. I yearn for losing sessions that are only 50BB at my normal stakes.

I got my money in as a favorite almost every time I got it in, but I could not get past a single double up. My favorite was when I shoved $185 after 5 limpers and got called by ATo, I was like ZOMG THIS GAME IS AWESOME. That was hardly as horrible call as some others I saw, though.. and the composition of this game had 3 nitty old guys and 2 wannabe TAGs, hardly the ethnically diverse shoutfests that I had seen before.

Thanks guys, this post gave me the confidence to give it a shot. Also, I found out that the timed drop is $16/hr, not $12/hr. Is that too much rake?

[facepull]

they charge 8/half hour? well tell them to go f... themselves. that sample hand you mentioned. what did you have when you were called and lost to aceten off? i live in florida and was excited about no-limit coming here but i will never play in these [censored] structures. i only play in biloxi where they have real poker. in fact i was told recently that my local poker room switched to all 2-5 no-limit. i know how to play short stack well but i like to play poker.

[warlockjd]

Edit intro:

Another twist on these games. Rule is, if you change tables voluntarily, you must buyin for $100 max. If your game breaks, you can take your whole stack to another table of the same game.
End intro

Some regulars tell me that it is common practice to toke a floor a greenbird to say that you came from a broken game. Then take whatever stack from wherever you got it (even cashier) to whichever game you want.

I am not sure my opinion of this. On one hand, seems like cheating. On the other, a lot of people are doing it...

[AKQJ10]

+EV for the floor of course.

Probably -EV for the player, unless the opponents are both very deep stacked and very bad. You have no assurance you're going to make a set (or similar hand) during any given B&M session, and no assurance that your deep-stacked opponents will have a good enough hand to pay off. My estimate is your effective stacks would have to be at least $500 if not more to make the expectation in playing a big stack versus small stack $25 per session.

Greenbird.... must say, that's a new one for me. I usually call them quarters but I guess that's ambiguous.

[chillywater8]

This game can be played with 100BB stacks for all with just a little cooperation, it is not difficult to do and stay within the laws. Have not yet played myself I have no where near the bankroll right now but hope to play it sometime in the future(we might have new better laws then anyway).