Quote:
Originally Posted by smoothcriminal99
1-2 PLO will never run @ CT while they have a monopoly (MAYBE when maryland live opens they'll spread it). We (at least 20+ of us) have asked/formally requested/done everything possible to try to spread it. The reasons given are usually gaming commission won't allow it, it will bust players, there's no plaque for it (they tape over plaques when they don't have 1 btw), etc. If they wanted to spread it they could have the gaming commission approve it for them since the mountaineer and other WV casinos spread it. (They also blame gaming commission for no reduced rake when in fact that is the general line their suppose to give and completely untrue). The actual reason is the floors/management of CT used to run a room in kansas or something and they spread 1-2 PLO there and it busted a lot of their player base. Their alternative of letting people play outside their rolls in 5-5 games probably will bust more people IMO. Anyways there was a lot of discussion about this thought id give my 2cents.
I'm glad to see people trying to take shots in the game though. I think it is more fun and profitable for a lot of 2-5 grinders. My only concern is that people will overextend themselves. (The game is a bigger jump than 2-5 to 5-10 IMO as its a 5-5-10 game really and always deep as well as PLO having more innate variance than NLHE). If people have questions on how to set up $ to take a shot in a game like this (that is what I did successfully) I'll be more than happy to talk about it.
Management actively refusing to run a game to protect players' rolls...while at the same time taking hundreds of thousands of bad beat money and redistributing them in the form of cars, bikes, "paid" trips to tournaments in yet another Hollywood casino... This **** has got to baffle the best minds out there. Just thinking about the transaction costs associated with these ridiculous prizes tilts the **** out of me.
On a more positive note, I would like to discuss your shot-taking strategy in 5/5. I have a couple of ideas that sort of worked for me. Hopefully, it's OK to discuss them in this thread.
If you're new to PLO, it's probably better to buy in short, in order to reduce the dollar value of the basic mistakes you're more likely to make than more experienced players. Short stacking also reduces the frequency of tough decisions. Obviously, there are costs to doing this, e.g. not being able to protect your hand, not being able to maximize profits when you have the nuts, increased variance (in terms of the number of buy-ins, but you would be risking smaller amounts per buy-in), etc. But I think the benefits outweigh the costs.
So when you're short stacking (say, under $700), you should be looking for ways to get your entire stack in as early as possible. I see a lot of new players limping or limp-calling single raises, etc. I think this kind of passive let's-flop-gin-then-get-it-in strategy is not optimal or even profitable. When you're playing short, you want to get as much of your stack in preflop with premium starting hands against maybe 2-3 loose-aggressive opponents. That way, you're getting most of your money in with good equity, your decision on later streets will usually be easy (probably shove 60+ percent of the time, depending on how well you hit the flop, stack to pot ratio, action among the remaining players if you're in position, etc.).
Some of the premium starting hands you want to get it in with include AA** (regardless of suitedness or connectedness), double-suited high pocket pairs, high rundowns (suitedness helps a lot, obviously), double-suited high cards (e.g. AcKhTh7c), and some double pocket pairs. After putting a lot of money in preflop with these kinds of well-coordinated hands, if you hit ANYTHING on the flop, you should be willing to get the rest of your stack in.
Also, it helps to have an ace in your hand in order to reduce the likelihood of someone else holding two aces. For example, it would be more profitable to inflate the pot with AKK5 than with KK53, all else being equal. Same thing with AKQQ vs QQ86, etc. Also, when you're playing double-suited high cards, it's much more profitable and will make your decision easier on later streets if you're playing the highest suits. For example, AcQd6c5d rather than AcQc6d5d.
Finally, if you're indifferent to playing short stack 5/5 PLO or “normal” 2/5 NL, I think it would be beneficial to game select such that you're not at the same table with too many other players using the same short stack strategy, for a variety of reasons.
There's a lot more I could say about this, such as how to effectively inflate the pot preflop against certain kinds of opponents, pros and cons of limp-raising vs opening, how to change your strategy once you have built a big stack, etc., but hopefully this will get the ball rolling on this topic.
Last edited by Lattimer; 03-11-2013 at 08:07 PM.
Reason: moved from the Poker Venues thread