Quote:
Originally Posted by Wolfram
I think the worst thing to ever happen to poker is Rounders, followed by Moneymaker. It made all the new players think that NL was the only form of poker worth playing. ****ing "Cadillac of poker" my ass.
It just has so many issues. It kills the fish way to fast. It's boring to play well in super loose games because you get rewarded too much by nitting it up. And it's rep as an "action game" is totally oversold. You have to play so carefully with value hands. Raising marginally for value is suicide. It's basically either you grind out small pots with pressure and bluffs, or you cooler someone for a big pot. Feast or famine. Rarely do you see two top-ish pairs battle it out with thin value raises like in LHE.
And the average pot sizes are a pittance. Most hands end preflop or on the flop. You spend most of the time watching the dealer shuffle cards. Very few showdowns. People take way to long to make decisions, slowing the action down. Pointy elbows, would not bang.
Old man yelling at cloud rant over.
(I still love rounders as a film)
By one metric (number of entries in the WSOP main event) the poker economy grew 24-fold between 1998 (the release of
rounders) and 2019 (the last pre-covid live ME).
And by that same metric, I shouldn't blame
Rounders; the WSOP ME was growing steadily from year to year both before and after the film's release. It was after Moneymaker's win that WSOP attendance blew up.
As for the game itself, yes, NLHE sucks. The two-blind structure calls for tight play; the game needs at least a third blind or an ante, preferably both, to open up correct playing ranges. Without these, the cost of not playing is too low.
Games with buy-in caps slow the rate at which the bad players go broke, and games with buy-in caps are the standard.
As for pot size, think of this: the best players can hope for 2 to 3 big bets/100 hands as a win rate. Good NLHE players can pull more than 10 big
blinds per hundred. If we renormalize to big blinds, the LHE WR is 4 to 6 bb/100 compared to NLHE's 10bb/100. But of course 50NL is a much bigger game than $0.50-$1 LHE. The smallest stakes of LHE online are rake traps. The smallest stakes of NLHE are not.
Fold equity in LHE is a joke, and so bluffing becomes difficult or impossible. When your river bet is ten percent of the pot, the villain is spewing money if they do not call with 90% of their range; they only need 9% equity to profitably call. In NLHE, river bets are comparable in size to the pot, and so bluffing and bluff-catching becomes much more important -- which, IMO, makes for a more interesting game.
The bulk of the profit in NLHE comes from getting fold preflop or on the flop and by getting calls on the river. The bulk of the profit in LHE comes from extracting an extra bet from second-best hand on the turn or river.
Quote:
Originally Posted by stinkypete
It's no coincidence that the healthiest poker economies are in areas where NL isn't legal.
You've never been to Los Angeles, I take it?