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Bankroll Management, trwebb26, 21. May 2003 10:20
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Hey,
Been reading the forum for a few weeks now - this is my first post. Just wanted to say thanks for all of the great advice passed out on this forum... Now onto my question.

I've been playing for a while - read 2 or 3 books and NL holdem tournament play is my game of choice. I play the satellite freerolls at pokerpages mostly. It seems like whenever I play multi-table tourneys, after some time at a table - I will successfully put somebody on a straight or flush draw when I have the best hand. In this place - I go all in to try to make them pay to draw it. Problem is that lately these people have actually called and made the draw and busted me out of the tourney. I feel great that I read their hand, but then again - they are still playing and I'm not. It has happened to me in 3 of the last 4 tournaments I've played in.

When playing in a tournament - how do you handle this situation? How much to bet? Do you not go all in unless you know you will have the nuts after the river? Do you avoid betting like this against the 4-flush? Do you try to be selective and not go all in against jackals (to use Hellmuth's words) and try to bet like this against tight players?

Please help - Thanks in advance!
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Re: Bankroll Management, Jav, 21. May 2003 10:58
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Any strategy for tournament play is highly subject to the particular table and your opponents. But in general, if you believe you have the best hand on the flop, but it is vulnerable to flush or straight draws, then you definately want to bet enough to make it wrong for them to call you. And in some circumstances you may want to go all in. But normally you don't want to go all in unless you're getting desperate (blinds are high, your stack is small) or know you will win. If you are just trying to force out drawing hands, you want to bet enough to make sure they don't have pot odds to call, but not everything you have.

Think of it this way. If they have 4 to a flush and you have a current winning hand and both of you go all in, you're the favorite. But if this happens several times, you're starting to have a pretty good chance to lose at least one of them. And in a tournament losing one all-in bet is all it takes to knock you out.
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Re: Bankroll Management, stdioh, 21. May 2003 11:09
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In general, remember these two things.
1) get your money in when you have the best of it
2) make your opponents pay too much for their draws or fold their draws
3) your last few chips are worth much more than the others.

Thus if you are against somebody of an equal stack to you, it is a good idea to make them pay too much to draw. You can accomplish this by making a pot sized bet. If you're up against a dummy who will draw to his flush nomatter the bet and you've got him beat, putting all your money against him in a cash game would be great, but in a tournament it is risky. And your reads aren't always right either. I would suggest that you make a pot sized bet and if he calls it and is drawing and doesn't hit, then you make another pot sized bet on the turn. Then if he doesn't make his draw on the river just check it down.
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Re: Bankroll Management, stdioh, 22. May 2003 11:30
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I just realized that in my last post, I proved another fact. There are three kinds of people in this world:
1) those who can cound
2) those who cannot.
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Re: Bankroll Management, JunglingS, 22. May 2003 11:48
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Also those who can spell!!

Sorry stdioh, I couldn't resist.
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Re: Bankroll Management, stdioh, 22. May 2003 11:57
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That's ok. I realize that my spelling is abysmal. However, it is probably less bad than you think it is because I'm not an American and therefore in many cases I use the correct spelling of words like colour, neighbour, draught, centre, etc. I also pronounce lieutenant as Lef - ten - ant, not Loo - ten - ant.

But yeah...there are plenty of words that I just spell dead wrong in any country, so there you go.
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Re: Bankroll Management, JunglingS, 22. May 2003 12:40
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Not at all, I'm really getting sick of people mispelling the simplest things - like litre, etc.

I married a Brit, so over time I've picked up all of those things. Although I still don't think it's a "lift".

Okay, that's way off subject. . .
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Re: Bankroll Management, JunglingS, 22. May 2003 10:06
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Your strategy can work very well to get people off their hands, and steal some pots, and when they do call, you're a 2.8:1 favorite. Now, that being said, watch out for the guys who will always call with a flush draw, going all in isn't going to steal the pot, and if you're about equal in chips this can be disasterous.

On the other hand, if you're starting to get desperate for chips, or you are a much bigger stack, this can be a great play.
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