by Felonius_Monk » Wed Mar 09, 2005 6:01 pm
1) Stay away if you want to keep your variance low.
These sort of players are very good to play with simply because they create action; suddenly everyone is betting and raising and if you hit a big hand you may get paid off in 2 or 3 spots as everyone targets the maniac and forgets each other. The variance will inevitably be high, however. I like those wrap type hands (though perhaps not for 20% of my stack... if the raises are getting that high I think it's time to drop all but AA and medium wraps (8-K) with suits, and perhaps KKds) because you can often check-raise for most of your stack if the flop brings you something like two pair with an open ender. Hands containing big pairs can also be good. I agree however that these tables can be very frustrating. As a rule I like tables with weak players who play semi-passively on flops and often draw dead!
Playing this sort of game requires a good "feel" for your opponents, and a level head - you'll find it easy to go on tilt, and you need to pick your spot to make a big move very carefully. They will be good practice though, and you could do with learning to beat these sort of players, so persevere. There's no real "trick" to it, just play sesnsibly, check-raise your best hands when you are out of position (not a bad spot to be in against a LAG player) and don't play so many marginal draws because you know you will have to pay for them. Don't just play the maniac; it is a big and frequent mistake to ignore the other players, call or raise the maniac, and finding someone with position on you waking up with the nuts.
2) Taking some idiot's stack now and then is generally where most of your PLO profit comes from. And I'm talking up to the $1000 buyins here. I find that in more passive games where you can make some smart plays and push people around (such as I find at Stars, where I generally do very well) you still need the odd poor player to make errors, even though a lot of your pots come from aggression or outplaying your opponents.
In the 100/200 games it kinda depends which site I play, though I would estimate my winrate to be 25-30BB/100 in most cases. It is possible to win more in PLO than NL; I would say 35BB/100 would be sustainable in the smaller games. However, anything over 15BB/100 would be good, 20BB/100 excellent. Because PLO hands tend to take a bit longer than NL, I usually estimate somewhere in the 40 hands/hour region (give or take) so your real hourly rate (per table) would be probably something like 10 big blinds per hour, if you're very good. In the 50PLO you're looking at something like $5 per table per hour as being a good rate, so 3-tabling you could make $15 per hour, I'd say that'd be a good rate. More would be possible, but if you mutlitable and make 10 big blinds per hour or more you are being very successful.
As for knowing you're a winning player, well, chances are if you have much of a clue (which I suspect you do) you will win in the long term. I wouldn't worry overly about this. In terms of numbers of hands, I would like to be a winner after 5000, and certainly after 10,000.
3) Blocking cards play a part at times. A couple of examples:
You hold top set on the board K65 with KK77 in your hand. There is a flush draw on board. Turn brings an offsuit 8 or 9 and you are first to act. You may wish to bet here because the 7s in your hand make it less likely your opponent is drawing to a straight, and more likely he has a bare flush draw or something like 2 pair. This makes your turn bet less likely to be raised and it means you can charge the flush draw more, when if you didn't have the 77 you might be tempted to check and give a free card in case someone has hit a straight.
River brings a card that makes a possible straight but you miss your flush draw. An opponent who has bet all the way checks. Board is showing T825J and you have QQA7; with the queens and ace in your hand it seems unlikely your opponent had a straight draw and more likely he was betting a set or two pair, so you might consider betting out the full pot to try to take it away from him.
You have As but no other spade. The flop comes with three spades. A tight, solid player bets. You raise the full pot and he folds because your As blocks him from having the nut flush. Not a blocking card in the traditional sense (it's usually meant to mean a card you hold which is likely to prevent a draw hitting later on, rather than one which lets you know your opponent doesn't have the nuts). This is a very successful play if you have a set as well, even if he calls with something like a K-high flush, you can still boat up to win.
Hope this helps, good luck!
Monk
xxxxx
The Monkman J[c]
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