Multi-Table Poker Tournament End-Game Strategy Part I: The Money Bubble

patrik antonius poker player

Poker Tournament and Cash-Game Specialist Patrik Antonius

If you are playing to maximize your potential for profit in multi table tournament poker, you must play for the win.

The biggest prize payout is reserved for first place.

Depending on the size of the player field, the payout difference between finishing 9th and 1st is astronomical in terms of what you spend to buy-in to the tournament. The ROI (return on investment) you receive from winning a large multi table poker tournament can take your poker business to the next level instantly. Read more of this post

My Complete Poker Manifesto, Parts I-XV

Part I: My Poker Story Read more of this post

My Complete Poker Manifesto, Part XV: My Goals and Closing Remarks

john guth at the wsop

John Guth wins a WSOP Bracelet

 My Short-Term Poker Goals:

1. Fight for complete poker online poker legislation in the United States.

2. Play in as many live tournaments as possible in my free time. Read more of this post

My Complete Poker Manifesto, Part XIII: My Online Poker Equipment

 

Razer Imperator Gaming Mouse

The Razr "Imperator" High-Speed Laser Gaming Mouse

Part XII:  Playing Online Poker

If you want to play online and become a serious winning player, you will need the right equipment to multi-table effectively.

You will need the following:

All these links lead to the products I use. Read more of this post

My Complete Poker Manifesto, Part XII: Playing Online Poker

lock poker table

Cash Game Action at Lock Poker

Part XI: Studying The Game of Poker

I play a majority of my poker sessions in the online poker arena.

Playing online has several distinct advantages:

  • ·         The ability to play any stakes ranging from penny games to $100,000 buy-in cash games.
  • ·         The ability to play 24/7.
  • ·         The ability to play a variety of opponents around the globe.
  • ·         The ability to play more than one table at once.
  • ·         The ability to play heads-up against a single opponent in a heads-up cash game
  • ·         The ability to play tournaments and cash-games at the same time.
  • ·         The ability to make money from anywhere there is an internet connection. Read more of this post

My Complete Poker Manifesto, Part XI: Studying The Game of Poker

Part X:  Analyzing Your Poker Game with Record Keeping and Statistics

If you truly want to master the game of poker, you must study, and study a lot.

When you first begin I recommend a balance of 50% reading and 50% playing and applying the concepts you learn from reading.

I have read about 20 different poker books along with a wide variety of poker articles.

Here are the top 5 books I recommend for beginning poker players looking to develop their game: Read more of this post

My Complete Poker Manifesto, Part X: Analyzing Your Poker Game with Record Keeping and Statistics

poker tracker

Poker Tracker 3

I use a program called PokerTracker to track all of my online poker statistics.

This little neat program costs just under $100 for a lifetime investment and also comes with a 30-day free trial.

This program is an ABSOLUTE necessity to purchase if you want to be a serious winner at online poker. Read more of this post

My Complete Poker Manifesto, Part VII: Playing Each Poker Session

 

Elky Multitabling

"Elky" firing up some tables

Part VI: Developing a Zen Mindset for Poker

How long I want to play depends on a variety of factors.

These include, but are not limited to:

Read more of this post

My Complete Poker Manifesto, Part VI: Developing a Zen Mindset for Poker

 

Tom Dwan at the wsop

Tom Dwan Might Look Silly, But His Mind is in the Game.

Part V: Managing Your Poker Bankroll

By far your biggest tool for your business besides your poker bankroll is your poker mindset.

The psychology of poker is actually quite amazing if you think about it.

In no other game to a players true emotions reveal themselves. Money has a funny way of effecting most people. Most people are so attached to money that when they are losing big, it is written ALL OVER THEIR FACE. Read more of this post

My Complete Poker Manifesto, Part IV: Starting Your Own Poker Business

poker graph chart

Running a successful poker business requires good record keeping.

Part III: A General Overview of Poker

When I was first introduced to poker back in my high school years, I played the game purely for fun. I played exclusively with just friends in live cash games and tournaments.

We would play $5-$20 tournaments on weekends and we weren’t really good players. We took the game seriously, but had no idea what it took to truly win at poker in the long-run.

I never knew that poker was offered online for real money, and I also never thought that within a few years, I would be playing the game for serious amounts of money through running my own poker business. Read more of this post

My Complete Poker Manifesto, Part III: A General Overview of Poker

 

Elky multitabling

Bertrand "Elky" Grospellier setting the record for most tables played simultaneously

Part II: Prologue

Poker is a very interesting and extremely competitive game at the higher stakes.

The lower stakes games consist of mostly bad and reckless players with a few decent average regulars mixed in.

Developing a good and solid poker strategy takes a large time investment and an adjustment to a massive learning curve.

To truly crush the game, you will need a Zen like approach to poker psychology. This takes a long time and a lot of learning along the way to truly master. Read more of this post

My Complete Poker Manifesto, Part II: Prologue

Phil Ivey at the WSOP

Phil Ivey at the WSOP

Part I: My Poker Story

My complete focus has been on the “Cadillac of Poker Games” as poker legend Doyle Brunson describes it.

That game is No-limit Texas Hold’em.

I play both cash games and tournaments with sessions dedicated to each individual specific type of game.

I will hold nothing back about my approach to the game.

Like I said, I will give you the highs and lows of playing poker and also the reasons why I would never want to pursue poker full time professionally.

I have too many other interests in life to fully dedicate it to a game where you can win and lose large sums of money in a heartbeat. Read more of this post

My Complete Poker Manifesto, Part I: My Poker Story

Isildur1 Viktor Blom

Viktor "Isildur1" Blom, arguably the best high stakes cash game poker player on the planet.

In this multiple-part blog series, I will  spill my complete guts about my poker business that I have been running for the last three years.

Everything in this article is the complete truth and you will probably have a new view of me after reading it.

That’s completely fine with me.

If I cared what people thought about me and if they were judging me, I would have never pursued getting serious about becoming a profitable long-term poker player.

I don’t like to discuss poker with most people because I feel it makes me look a complete sick degenerate gambler, but that isn’t the case at all.

Most people don’t understand poker and how it is one of the few exclusive ways to “gamble” but win big long-term. Poker is a beatable game from experience, and having played over 1,000,000 hands of online poker, I can estimate that poker is about 70% skill and 30% luck short-term.

It also has the ability to be 100% skill and 100% luck short-term at the same time.

This is called statistical variance, and it effects every poker player no matter how good they think they are.

Becoming a profitable poker player is about putting in heavy hand volume with focus on long-term results.

I don’t care about short-term results because they can vary from great to downright frightening at times.

I focus on making the best decisions at every single opportunity I have.

Some of the moves I make in poker games might seen absolutely absurd to the average player but I make decisions based on multiple levels of thinking. Every decision I make I analyze with a variety of factors including my perceived table image, the opponents I am facing in the hand, the stakes I am playing, my bankroll situation and how willing I think my opponent is willing to lose his or her entire stack to me.

In this series there will be nothing I will not share with you about my experience over the last few years.

You will have the opportunity to learn some tough life lessons from this article even if you haven’t been introduced or had an interest in poker in the past.

Each day I will post a new part of this series, so stay tuned.

Part II: Prologue

Traits of Above Average Poker Players

Tom Dwan: The Most Aggressive Poker Player on The Planet

90% of all poker players are long-term losers.

Only 10% of people who play poker are proven to be winners over the long term.

Why is this?

What separates this small percentage of players from the rest?

The answer is simple. They have studied and applied their game more than 90% of their competition.

When I first started playing poker, I belonged in that 90%. I knew how to play the game, and I knew what it took to win, but my wins weren’t sustainable long-term. I knew I would have to study and constantly adjust my game to get better.

It was a long process, but it was well worth the time and I have gained a lot of life lessons from becoming a better poker player.

In order to be a long-term winner, you will need to develop the following traits:

1. An ability to maintain attentional focus for long periods of a time.

2. An understanding of the deeply statistical nature of the game.

3. A sense of confidence and trust in your abilities

and most importantly:

4. A near RECKLESS disdain for money.

Money has no value on the poker table. The game is played with chips.  Whatever money those chips represent doesn’t and shouldn’t have any effect on how you play the game.

If you are concerned with money, you wont be playing poker the right way. You will be playing with scared money and as the saying goes,

“Scared money don’t make no money!”

To be a big long-term winner in poker you must develop a SUPER-AGGRESSIVE playing style, sometimes known as LAG (Loose-Aggressive)

Here is my article on how to develop into a LAG.

Being aggressive doesn’t necessarily mean success. You have to know when to be aggressive, and when to slow down. Against certain opponents, especially ones who can’t fold a hand, being aggressive will lose you money.

Poker is always about adjusting. You need to adjust to each player at the table and your perceived table image.

Being aggressive has a few benefits:

1. You will win more pots where you don’t have the best hand

2. You will make more money in pots that you have the best hand

3. Your opponents won’t be able to accurately deduct your hand-range

If you are playing tight, you opponents will know you have the goods when you bet, and you wont win big pots. You will also not be able to pick up pots where you don’t have the best hand because you won’t be willing to bluff a lot.

That’s the beauty of poker.

You don’t need cards to win.

In fact, cards are somewhat meaningless if you have accurate reads on your opponents and you can figure out what their cards are and they have no idea what you have.

Annette Obrestad

Annette Obrestad is a young professional poker player that proved this.

In one online tournament of 180 players, she covered her hole cards the entire time. She never once looked at her cards.

Guess what?

She won the entire tournament.

She demonstrated perfectly how important reading abilities are and how unimportant cards are.

Just imagine how good this girl is when she actually looks at her cards.

She built a bankroll from $0 to over $1,000,000 by the time she was 18. She never made a single deposit online. She won a free roll tournament to start her bankroll, then NEVER LOOKED BACK.

Quite amazing if you ask me.

When people argue if poker is gambling, they should consult Annette to see what she has to say about that.

Players like Annette, Phil Ivey, and Tom Dwan are perfect examples of players who EXCEL in the aforementioned 4 traits and love to play super aggressive.

They simply don’t care about money.

If you want to be OUTSTANDING at poker you must STAND OUT from the rest of the competition.

Phil Ivey was once quoted as saying “If I have to bet $300,000 on the river with queen high, I don’t care, I fire the trigger.”

Simply Doesn't Care About Money.

Sickening.

Phil Ivey is basically saying here that he is willing to slide in $300,000 worth of chips (the price of a house for some people) on a complete bluff.

I bet if Phil figures he has a 51% chance to win the hand by betting that much on the river, he will make that wager EVERY SINGLE TIME.

That kind of sickness separates the winners from the losers.

You cannot play passively to win in poker.

You must get in there and gamble, but realize when you need to switch gears.

Good luck at the tables! :)

Using a Rubberband To Squash Negative Thought Patterns

This was a clever little idea that I took from poker mindset trainer and life coach Sam Chauhan.

Sam Chauhan

Sam is a mindset trainer that many professional poker players have gone to and swear by. Sam has an extensive list of clients including non-poker pros as well. After working with Sam, many professional players have had some great runs in tournaments that they credit Sam for helping them with.

Big poker tournaments can span over many days and it can be extremely hard at times to focus on the game for that long. One lapse of judgement can cost you your entire tournament and investment of time.

An excerpt from an interview with Sam:

What are some of the techniques you use to help people overcome this?”

Chauhan: “I’ll give you an example. A lot of people have negative thoughts while they’re playing or negative thoughts in general. And hey, we go through challenges, we’ve all gone through challenges–especially with the way the economy has gone over the past few years. But, negative thoughts don’t really help you. Negative thoughts actually push you deeper into depression. So one of the techniques that I show people is to have them put a rubber band on their wrists. And as soon as they have a negative thought about something I instruct them to pull back the rubber band and snap it. What happens is the brain has to focus on the pain of that wrist, so it has to get away from that negative thought, and now you’re consciously aware that the reason you have pain on your wrist was because of that negative thought, which forces you to think more positive. That’s one way where you can break that pattern instantly. And if you do this constantly, your brain will begin to change your thought process about these bad thoughts. It’s a technique that has worked really well for a lot of people I’ve worked with.”

I have personally tried this and it certainly does work.

I am able to stay focused at the tables longer and I don’t care as much about getting unlucky as I used to. When I first started playing online poker I probably broke close to 5 mice after taking some really nasty bad beats.

No longer does that happen.

I don’t even get upset anymore, at all, ever. Poker is game that relies on luck and I have gotten over the fact that I will get unlucky in the worst ways sometimes.

The rubber band technique has also worked for me in other various aspects of my life. Any time I have a limiting belief about myself such as “I can’t do that!” or “That’s way too hard!” I snap the band as hard as I can to tell my brain that those thoughts are no longer welcome in my head and if they arise again, you will have to experience a nice little pluck my from my friend on my wrist.

Don't Worry, Be Happy!

An added element to this method that I personally added is every time I pull the band, I think of something I am thankful for. This replaces the negative thought with a positive one, further increasing my positivity level throughout the day.

I also think of something I am thankful for every time I notice the band on my wrist. If you think of how many times you look at your hands during the course of the day, you can see how many times you have the opportunity to think positive.

I have been able to rewire my mind to be almost 100% positive at all times.

There are still times when I pull it but it certainly isn’t as frequent as it used to be.

Give it a shot.

Put a rubber band on your wrist and try to notice when you have a limiting belief about yourself. Give it a good pull and make sure you feel it to get the full effect. Your little monkey brain will be tamed, and you can instill a powerful empowering belief system!