Saturday, May 24, 2014

Range and Swing Hands


You know the scenario.  Strong hand preflop and you raise and suddenly you find yourself in a war.  Then, to top it off, the flop comes super scary and didn’t hit you at all.  So many times this has happened to me and my first inclination is the nearest exit.  The important thing about reading flop texture is determining where my hand falls in relative strength, no doubt.  But, an equally important and often missed aspect is determining the range of hands my opponents could have.  NOT the specific hands, but their range.  Ed has taught me start thinking in terms of targeting the hands that opponents could have and less about what hands are beating me.  Here’s an example:

Live 2-20 spread limit.  Stacks are deep, over $100
Hero in Low Jack with Qs-Qh
UTG +1 raises to $8
Hero 3-bets to $28
High jack caps at $48
Big blinds calls
UTG +1 calls
Hero calls
Four players, $195
Flop Ks-Kh-7h
Checks to HJ who bets $20
UTG +1 calls, Hero raises to $40
Both villains call
Three players, $312
Turn 5c
Checks to hero who bets $20
Both villains call
Three players, $372
River 6d
Checks to hero who bets $20
HJ thinks, calls, UTG +1 folds
Hero shows QQ, villain mucks

So, nightmare flop, right?  In the past my first thought would be to find the next opportunity to fold but Ed has taught me to stop and think for a second.  This flop is very polarizing.  My opponents either have me crushed or are very far behind.  Obviously, pocket K’s are beating me to the pot, so I can’t worry about that hand (and how incredibly unlikely flopped quads are).  With preflop action it’s very unlikely either opponent has K-Q (especially since I have 2 queens) down to K-10.  That leaves only one hand, A-K, to really worry about.  So, what other hands could my opponents be playing and where does my hand fit in with them?  The big question is, as always, can I get better hands to fold or worse hands to call?

AA is a distinct possibility of a hand I’m up against given the action, as well as QQ.  These are hands that I am targeting with my flop check-raise.  It is unlikely opponents would fold these hands but if they did it would be because they thought I had a K which is reasonable to represent with this betting line.  This pot is big and it’s worth going after.  The small chance that my opponents would fold these pocket pairs is worth the risk of this line (check-raise, bet, bet $80 to win more than $200).  New information I would look for to change my thinking would be a raise on the turn, which didn’t happen.  When betting to get better hands to fold, Ed taught me the best way is with at least some equity.  If by chance I can’t get a fold from AA (or even a king), I have two queens and running hearts to luck out with.

There is also the distinct possibility of opponents calling with worse hands.  JJ, A-Q, Ah-Jh, even 10-10 or 9-9.  Heart and straight draws are also possible. In targeting these hands my betting line is for value.

The answer to the all-important question is both.  My betting line to get weaker hands to call AND to get better hands to fold along with at least some possibility of drawing out.  Thinking in terms of a range of hands and especially the target or “swing” hands that my opponents could have is how to proceed.  On polarized flops like this if my opponent has the nightmare hand nothing I do can will make any difference in what happens (i.e. losing) and I’ll find out soon enough.  Focus on what hands my opponents might have and it makes a difference what I do.

Thursday, May 8, 2014

Evaluating Opponents


Ed Miller has taught me that players I’m going to face in low stakes game essentially fall into the loose-passive category.  The big mistake these opponents make is that they play too many hands, are too willing to put money in the pot pre-flop and on the flop and use a “fit or fold” strategy post-flop.  By the turn, almost all the time, they are faced with two options with weak hands (bottom pair, gut shot), calling down or folding.  In fixed limit, the option is most often calling down.  In no-limit the option is mostly folding.  What this means for my strategy is that I need to bluff less often in fixed limit but bet my marginal hands for value.  In no limit I need to build pots early in a hand to set up a big turn bet to steal.

This is a good basic strategy but occasionally I run across players who don’t behave in ways I expect.  A fellow I faced in a 4/8 FL game recently was doing the usual loose-passive thing.  He won a good sized pot and open raised the next hand, bet flop and turn and won another pot.  This game had a “kill” on.  When players win back to back hands, the stakes double for the next hand.  This player open raised on his kill but this time another player played back, three betting.  A raising war broke out for the rest of the hand and this follow turned 4-6 off suit at showdown for bottom pair and lost an enormous pot.  He then returned to his usual limping preflop and “fit or fold” post flop.  This pattern repeated a few times and I realized something.  This guy was superstitious and after winning a big pot was talking himself into thinking a heater was starting.  He started talking about this (I think embarrassed and trying to justify himself to the table) in terms of “I have to play my run.”  I’ve done this myself, feeling frisky on occasion, doing things like raising and betting down blind when I get a kill.  It’s fun and can be profitable if there are weak-tight players at the table.  But, this fellow in my story here was doing this as a habit.  He was doing it every time he won a pot or two.  That’s a significant tell and led to a hand I played with him:

Hero in cutoff with 4c-7c
Three limpers, hero limps
Villain (on button) raises
Big blind calls, first limper 3-bets
One limper calls, hero calls
Villain caps, bb calls, Limper calls, hero calls
Four players, 10 big bets
Flop Kc-5d-8s
Checks to hero who checks
Villain bets, limpers call
Hero raises
Villian 3-bets
BB and limper fold
Hero calls
Heads up, 15 big bets
Turn 6d
Hero bets
Villain raises
Hero 3-bets
Villain calls
Heads up, 21 big bets
River Ah
Hero bets, villain calls
Hero show straight, villain mucks, says he had A-K

My turn 3-bet is an example of exploiting villain’s tendency to over play what he believed was a streak.  Against “normal” players I have to consider that my straight isn’t the nuts (9-7 beats me) and just calling the raise might be the way to go.  But, because villain’s range is so wide (literally any two cards) my small straight is miles ahead and I feel great raising away.

Having a solid basic strategy to beat most run-of-the-mill players is important but to really profit, watching what’s going on at my table and trying to come up with a theory of what players are trying to do is the way to go.  Player’s behavior isn’t random.  There is purpose in what they are doing.  The more I can understand what my opponents are trying to accomplish, the better I will be at putting a counter strategy together and profit.