Played wrong or bad luck?

Originally Posted by daviddem

is that not similar to the "bad beat bonus" they have in some casinos? Obviously this is taken from the rake, so that probably means less rakeback or VPP or whatever.

Why is it so bad? Fish still wins the pot and will make the same stupid play next time, tag gets his money back and minimizes variance. But obviously if you factor in the loss of rakeback, I am sure that you will find that you are better off playing as normal... nothing is for free

Originally Posted by Shotglass

^^^^^^
If I understood the article correcly the ruturn to the loser comes from the pot (in cash games), which would make it less enticing to the fish who do love the suck out because they see their pot getting jipped, but maybe I misunderstood.

I went back and read the rules. Here's how it works:

There are certain thresholds at different tables for "bad beatness". It sounds like the standard is 70%. If there is an all-in wager, and a player has more than 70% equity, then he can't lose that wager. If he gets beat, the wager is returned to both players. The remaining pot (blinds, bets on previous streets, etc.) will still go to the winner at showdown.

Basically it just creates a sidepot whenever the money goes in and you're sufficiently behind, and your equity in that pot is cut in half. So if you get it in preflop with KK vs. AA, you would normally have about 20% equity. However, if you spike your K, the pot gets split. So now you just have 10% equity. If you shove with a combo draw that has 30% equity, and get called, you now just have 15% equity of the sidepot.

I'm pretty sure SCs go way down in value in this format, since you can't play draws too aggressively. Your equity against ranges is altered too, if certain hands in the opponent's range are 70% favorites or better. So it's harder to call shoves on any non-river street much of the time because you need better odds. If you have a strong hand and believe that a significant portion of the opponent's range consists of draws, you can't shove for value; even fish will fold.

I'm sure there are plenty of nuances that I'm not thinking of. Needless to say, there are lots of adjustments that need to be made for this game. I'll bet few people there are making them, and that it's a very fishy site.

Played wrong or bad luck?

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02-11-2011 11:32 PM #1
grnydrowave2 View Profile View Forum Posts Private Message View Blog Entries Join Date Mar 2005 Posts 1,093 Location Showin' mah Pokemans	Originally Posted by daviddem is that not similar to the "bad beat bonus" they have in some casinos? Obviously this is taken from the rake, so that probably means less rakeback or VPP or whatever. Why is it so bad? Fish still wins the pot and will make the same stupid play next time, tag gets his money back and minimizes variance. But obviously if you factor in the loss of rakeback, I am sure that you will find that you are better off playing as normal... nothing is for free Originally Posted by Shotglass ^^^^^^ If I understood the article correcly the ruturn to the loser comes from the pot (in cash games), which would make it less enticing to the fish who do love the suck out because they see their pot getting jipped, but maybe I misunderstood. I went back and read the rules. Here's how it works: There are certain thresholds at different tables for "bad beatness". It sounds like the standard is 70%. If there is an all-in wager, and a player has more than 70% equity, then he can't lose that wager. If he gets beat, the wager is returned to both players. The remaining pot (blinds, bets on previous streets, etc.) will still go to the winner at showdown. Basically it just creates a sidepot whenever the money goes in and you're sufficiently behind, and your equity in that pot is cut in half. So if you get it in preflop with KK vs. AA, you would normally have about 20% equity. However, if you spike your K, the pot gets split. So now you just have 10% equity. If you shove with a combo draw that has 30% equity, and get called, you now just have 15% equity of the sidepot. I'm pretty sure SCs go way down in value in this format, since you can't play draws too aggressively. Your equity against ranges is altered too, if certain hands in the opponent's range are 70% favorites or better. So it's harder to call shoves on any non-river street much of the time because you need better odds. If you have a strong hand and believe that a significant portion of the opponent's range consists of draws, you can't shove for value; even fish will fold. I'm sure there are plenty of nuances that I'm not thinking of. Needless to say, there are lots of adjustments that need to be made for this game. I'll bet few people there are making them, and that it's a very fishy site.

02-12-2011 01:31 AM #2
profnabeshin View Profile View Forum Posts Private Message View Blog Entries Join Date Jan 2011 Posts 165	Originally Posted by grnydrowave2 I'm sure there are plenty of nuances that I'm not thinking of. Needless to say, there are lots of adjustments that need to be made for this game. I'll bet few people there are making them, and that it's a very fishy site. Yes this is a fishy site. However, there is little to no traffic, so it's extremely difficult to get any action. Although the site promotes these NBB tables with say 70% protection, nobody plays them! Everyone (all 10-50 players online) plays regular tables. I have a hard time playing these tables, if its a 10max FR, there are 8 limpers in the pot... I am still trying to work out the adjustments in my game for the NBB tournaments.