Originally posted by herekPL
Colin do you know Newb Guy?
He s at your stable (sharkscope says that)
Explain me please this:http://www.handconverter.com/hands/1963867
and its not single hand hes playing like that (check my blog).
Wow, I am sure you told tales when you was a kid as well! How did that work out for you? Newb guy is not me btw but we all have our off moments/sessions/days/months etc, cut the guy some slack.
quote:
Originally posted by herekPL
Colin do you know Newb Guy?
He s at your stable (sharkscope says that)
Explain me please this:
http://www.handconverter.com/hands/1963867
and its not single hand hes playing like that (check my blog).
If your shoving Nash range from the button with M of 4 Q8 is actually profitable with M of 4 on BB no??
Originally posted by Flashman1849
Hi Collin, an excellent insightful blog, and I really enjoy your and Katie's videos (and you and Katie's first video! That was a lot of fun), especially the MTT and MTSNG ones; would be very interested to see a cash-game video from either of you, perhaps with a discussion of how a background and expertise in tournaments informs your approach to cash-games.As someone who hasn't made a withdrawal yet, I don't understand your comment that "Stars money trades at a discount of at least a couple percent compared to bank money. " Do you mean that 98% is the best rate at which withdrawals can be made, counting fees from banks and organisations like Moneybookers?
Thanks Flashman! Appreciate the nice words 
As for your question, I mean that if you want to transfer Stars money to someone and have them send you a bank wire, Paypal, etc., you usually have to pay around 3% for that service in the current market. Of course you could just cashout yourself but some prefer trading instead for various reasons.
Originally posted by moneyback88
Do you think your book can improve a player that pulls 2%+ roi in stts avg bi 11$? Or do you believe is not worth reading for this player and you suggest him something else?
Yes, I think my book would help for the fundamentals. With that said there are many other great resources now available such as the videos right here at Pokerstrategy
Thanks Roopooper!
Herekpl, in answer to your Q:
Originally posted by herekPL
Colin do you know Newb Guy?
He s at your stable (sharkscope says that)
Explain me please this:http://www.handconverter.com/hands/1963867
and its not single hand hes playing like that (check my blog).
Newb Guy is a good friend of mine. I think his call in that hand is reasonable in a bounty SNG vs a reg.
Thanks for the comments everyone else on the blog, and sorry for the delay replying. Here's a new blog to make up for it
Biggest SNG/MTT Software Release since SNGWiz/SNGPT
A major evolution in tournies – both SNG and MTT -- has been the shift toward smallball at relatively short effective stacks. So let’s say you’re 10bb effective on the button pre-ante vs regs in the blinds. Everyone folds to you. You want to be trendy and minraise, but unlike openshoving, you don't have software that spits out your range. What should you open and call with?
The HoldemResources downloadable calculator answers questions like this for any payout structure (or cEV mode), giving equilibrium raise/fold/call ranges for the opener and 3bet ranges for the remaining players. I’ve been playing with it a ton and it’s pretty awesome. For instance, here’s the answer to the questions posed in the first paragraph:
We open top 34%, the big blind shoves top 27%, and we call it off with top 30%. This is a narrower gap between our open and call ranges than I would have thought before seeing the program's output. We can then use the Range vs Player Equities feature to determine that the minraising strategy performs slightly better overall. You can also determine balanced ranges for openshoving part of your range and minraising the rest. Equilibrium 4bet ranges are expected to be added shortly.
Another nice feature is locking a particular range to get exploitive results. E.g. You can determine your optimal raise/call ranges vs an opponent who 3bets way too tight or too wide.
You can get this software here.
Collin, if the trend of minraising at 10BB takes off across the board, do you expect this to make the games more or less profitable for good players?
Or perhaps it will make them more profitable for a short while until everyone catches up?
I think some people did this intuitively.
If you are short, with a v good hand, open raising small will sometimes induce a bully shove, since you "obviously" don't know ICM.
In this example dont you think is more profitable to open shove 22-33 rather than raise calling?
I'm guessing that the raise/call approach might work for premium hands.
Since the open shove so often just gets a chorus of folds.
You would have to balance this somehow.
But Equity is Equity.
If you are shoving 22 you are hoping for folds.
If you are shoving AA you are hoping for a call.
I'm hoping that the calculator will have ranges like:
Open shove 22-77 A9-AJ
minraise 88+ AQ+
or whatever
But when everyone knows that those ranges are out there, your hand will be face up, unless you to it "the old way" every so often.
Originally posted by Tim64
Collin, if the trend of minraising at 10BB takes off across the board, do you expect this to make the games more or less profitable for good players?Or perhaps it will make them more profitable for a short while until everyone catches up?
Tim64, I think it's like any other advance in the game -- at first those who take the time to learn/study will have a bigger edge, than a portion of others will catch up.
You can check Additionally Allow Openshove in the program to split your opening range into minraise + openshove.
Originally posted by VorpalF2F
I'm hoping that the calculator will have ranges like:
Open shove 22-77 A9-AJ
minraise 88+ AQ+or whatever
But when everyone knows that those ranges are out there, your hand will be face up, unless you to it "the old way" every so often.
Yes exactly -- the equilibrium will definitely not be to openshove premiums and minraise everything else you're opening.
As for openshove often getting a chorus of folds, I agree in many cases, in which case openshoving weak and minraising strong can be a fine exploitive strategy at certain weak/unobservant tables.
Hello collin,
I'm Hans, from the dutch community,
I just restarted poker last month after a long break due to private issues ...
nbuilding my business IRL and the death of my father..
Now everything is cool and I decided to take on STT SNG's ...
I saw some of your video's and I allready studied parts of your book about SNG-strategy...
You allready helped me a lot and within 1 month I moved up from 1$ to 3$ and now the 6$ sng ...
all going smoothly ...
I have planned to have an average of 4-6 hours of pokertime per day (play and study) and I want to really take it seriously.
But, to take things seriously, one really needs a good coach and it's probably the best poker investment one could ever do.
I have sent you a coaching application at team moshman for this.
I hope you don't mind too hard that I jumped in your blog to say hello 
I hope to hear from you (your team) soon!
Meanwhile I keep studying and playing on my own for now!
Have a nice week-end!
Lessons from Buffett: How He Became Rich
A couple of months ago I blogged on How do People Get Rich. As one commenter astutely pointed out, the perspective there was short-to-midterm; another option is spending more than you save, investing well, and letting 20-40 years go by (more on this below).
When you think of self-made rich guys, Warren Buffett probably comes to mind. For those interested, here’s a basic breakdown of he got rich as described in The Snowball by Alice Schroeder.
He started young. Most kids today (myself included), at least in American families with some money, accomplish very little besides going to school until they’re early to mid 20’s. By contrast, Buffett was going door-to-door selling sticks of gum by age 6. By the time he graduated high school, he’d hired a farmer to work farmland he owned, had a successful pinball machine business, was active in the stock market, etc. I'll definitely encourage my kids to accomplish/earn as early as possible, and not wait until their 20's.
He compounded. Buffett was obsessed with the idea of compounding money (that is, profitably investing money, then reinvesting those profits to make more money, etc.). E.g. If you start with $10k and manage to earn 20% a year taking nothing out, you’ll have a million in about 25 years. Buffett was super-cheap, spending almost nothing even on his own clothes after he was already pretty rich. The reason for that is because money saved is identical to money earned, and could be put to work compounding which is what he was singularly focused on.
He managed money. If you can mainly just increase your positions while doing the same work you would on your own portfolio, then managing money seems like a pretty nice gig. He had a ton more to compound from getting a percent of his investors’ profits. Not applicable to all of us, but one component of getting rich in his case.
He had a tremendous work ethic. Buffett largely ignored spending time with his family (or at least, is portrayed that way in Snowball) in favor of constant stock research, business meetings, etc. People would say to him things like “You know those kids are yours, right?” Most (myself included) would be unwilling to make this large a sacrifice. In his case, it's actually not clear which decision would have been the sacrifice; possibly it'd be more accurate to rephrase that he refused to sacrifice increased income for the sake of spending time with his family. He spent most of his waking hours working, and overall enjoyed his work.
He specialized. His whole life was centered around identifying undervalued stocks, and related business activities like raising money for his partnerships, activist investing, etc.
He loved games. He was very competitive and always enjoyed games, even competiting in a major Bridge tournament. He also plays poker. Hard to say how related this aspect of his personality was to him getting rich, but I found it very interesting.
Of everything listed above, I think compounding is the most important, and Schroeder probably agreed as the title of her book references it. Let your money begin snowballing, and you have a nice start.
For those who haven't seen, Pokerstrategy is running a little contest for people posting in my blog thread:
The PokerStrategy.com Advent Calendar 2012
At the moment, there appears to be some overlay ♦
Hehe, pick me!
If there s a chance gettin 1on1 with u, I must take it, u have my big respect for many years, in every video of yours I find sometin interesting to think about.
If I should speak about myself, am poker pro for almost 3 years now, majority of my profit is from SnGs, currently improvin skillz at 18mans, fifty50, 6maxes - tryin to improve in adjustin to different types of sngs therefore structures, payouts...
As am profitable player, maybe some beginnin player ll benefit from your 1on1 more, or ll get some encouragement for further studyin or improvin, but if there s none, am sure I ll benefit big time
