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the Always All-in Preflop Moneymaking Strategy
Recently I had an epiphany about how to maximize winnings (and at the same time, minimizing losses) at lower limit nl holdem. I devised a nearly foolproof strategy (I suppose in my own mind, take it as you will) that held up quite well for a period of ten hours. It held up with little variance, was reliable, as well as entertaining and profitable.
Strategy: I would go to a .25/.50 nl holdem table (7 to 10 man) and sit down with 7 to 10 dollars. (I did this at pokerrooom.com, which is quite similar to any other poker site.) The maximum buy-in is $25. I would sit and wait for AA, KK, AQs, AK, QQ, AJs, KQs basically upper group 2 and up, playing other playable hands normally, staying at even money. As soon as I hit one of these hands, I would go all-in. AQ, AK, you name it. I made $100 in ten hours doing this.
Why it works: Players at this level have no idea what a good hand looks like. I went all in about 2 times per hour (was called EVERY time, and that is not an exaggeration), and made about ten dollars an hour. I got called by Q 10, 3 4s, low pp's, KJ, and ANY ace in hand (probably about one third of the time). I never had a problem getting callers any time I had a decent hand. Players at this level just want to take a shot at your money. They don't realize that their hands suck. I think this is more effective at around 7 man tables: at ten man tables, you need to wait for some of the better hands. Once you doubled up, just play normal poker. If you get outdrawn, leave, cause they won't call you again.
Odds and Theory: Why It Works(ed). I believe this is a good strategy because 80% of the time, I was basically around a 2-1 (sometimes 3 to 1) favorite to win the hand (AQ vs. KJ, or AJ vs. KJ, or AK vs. Q9, etc). Every time I bet ten bucks and got called by some big stack, I typically was expected to make 6.66 on every ten I put in. About 10% of the time, I was a 4-1 favorite, and about 10% of the time, they had a better hand. So at worst, I was making fifty cents on every dollar I put in, minus the rake.
How it Failed: This strategy lost me about 70 bucks in 3 or four hours. I got outdrawn by hands like 5-9 vs my AK, etc, etc. for about 4 straight hours. The cards simply wouldn't show down. I got called by pp's about 4 times and didn't win a single one of those. My luck ran out, and my bank ran dry. I went up against AA one time out of about 12 all ins, and the rest of the time I got severely outdrawn, flopped two pair QJ vs. top pair Ace, he hits runner runner to a straight, etc, etc.
I stand by my strategy. I still think it works, and I still think it's a steady gameplan. This strategy WILL NOT work in a tournament, in a higher limit ring game, in limit holdem, etc. etc. And it fails if you stay at one table too long. But it seems to work at any table, no matter how tight the game seems. There's something about the psychology of the shortstack that makes people want to call you, that I simply can't understand. I don't care to understand, and I think in ten years, when I decide to start playing poker again, I will make money from it.
Conclusion: This strategy is about maximizing profits on strong hands, and not worrying too much about play on the flop. It neutralizes aggressive opponents, it neutralizes stupid opponents, and I think it's very profitable. You don't have to have good instincts to win, just a set of strong odds.
Counterarguments: 1. Q: Why don't you just play good poker, semibluff, etc. just like FTR says? A: I can make much more money, much steadier this way. It ought to be very reliable, and if I hadn't hit a wall of cards, I most likely would have doubled from 100 to 200 in ten hours. Also, the risk should be very low this way.
2. Q: Are you some kind of pussy? Don't you have any moxy? Why are you being such a baby. Get in there and PLAY! A: I think I've found a psychological exploitation, and I never said to stop playing well. You are still going to see flops from the blind, still going to play weaker hands, etc. so you aren't going belly up. You're just simply not bringing the max buying to the table. You can't win too big if you flop the boat and get pushed all in, but you can't lose more than ten bucks if you get outdrawn.
3. You can't defend a hand if you're all in like that. A: I don't need to. I'm taking the preflop odds, so if i get outdrawn in a hand, it doesn't matter. I had the advantage preflop, and I'm sticking to it.
4. You are an ass, and you are a stupid fag. I played against you and I think you're just a winy baby. A: You're right. I'm stupid. I'm stupid for going all in preflop with my AJ knowing that you'd call me with J 10.
The end.
BTW: I got my original bank from placing 4th in a 1600 man freeroll.
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