Monday, July 9, 2012

How Much Do I Buy in For? Part 2

In my last post I described a hand where a maniac called an all-in bet without even looking at his hole cards. This seems a very stupid thing to do, but there were some mitigating circumstances which led him to do what he did. For one thing the all-in was for only $85 or so. The Maniac had been winning a lot, so it didn't seem like that much money to take a chance on, and not looking at his hole cards just means he was here to gamble. He was there to have fun - not to be smart!

The lesson we can learn here is that if you are short stacked (or if you just bring a smaller stack to the table to begin with) you are more likely to get called when you go all-in because the bigger stacks don't care as much about losing $85 as they might care about losing $300. People are willing to treat money they have won very recklessly - but when you place a bet big enough that they would be behind for the session if they lost, they tend to tighten up.

If you are a tight player, after awhile it become obvious to the other players and thus it is difficult to get callers when you do have good hands. However, if you have a smaller stack then you can maybe get called by bigger stacks willing to gamble.

Just another argument for taking a small stack (say, fifty times the big blind) to a ring game.

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