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Lessons-Learned / Bad-Habits Being Formed??
Just for perspective, I have been playing 2+ months at 1-2 cent NL, and taken a stake from $15 to $75. This week I reached my $75 goal and "graduated" to 5-10 cent NL games (first 3 sessions all winners!).
I also read my first HE book this week, Sklanskly/Malmuth/Miller's Small Stakes Hold Em, and have some observations re: No Limit. They probably are not revelations to you veterans, but they have been to me and might be worthwhile to others. I'm also curious to others' comments on my observations.
1. "Value" betting
It seems value-betting is less necessary in NL than described in the book for Limit games. I can get as much in the pot as I want anytime, and at these micro-levels, there is (almost) always a caller. Why bet draw-hands til I catch, if others let me see those cards cheaply? I will sometimes small-bet draw-hands from early in the ring just to provide variety and disguise to my patterns tho, also to get others "committed" to the pot.
2. Middle, even Lo-pairs are not auto-folds
I was folding every lo-or-middle pair to most any bet at all, figuring I was beat. I'll now call 1 or 2 BBs with them, esp with overcard(s) or a backdoor S/F possibility. Seems obvious, but it wasn't to me. I was too tight. I didn't realize that in NL, if I catch that set I can maybe take down a very big pot. In limit, the pot builds only gradually to a set maximum, making long-shot plays a poor strategy. But I "chase" only if permitted to do so VERY cheaply (1-2 BBs).
3. Position can Changed... sort of
Watching pre-flop bets and raisers makes a big difference. Post-flop, most everyone checks to the pre-flop raiser, which can "switch" you from bad position to good position (or vice-versa) when the real decisions must be made.
4. I Like Suited Connectors (4-5 and higher)
This may be heresy, but I'll play them for a flop up to maybe 3 BBs. I'll also play them against multi-raise pre-flop action up to maybe 5-6, even 8 BBs. With everyone probably playing royalty, a rag-board that improves me can be my big advantage with many players already committed to their aggressive hand-play and me on maybe 2-pair or a straight draw (I'm cautious with my lo-card flush draws). This is sort of "going against the grain", and seems to have been profitable, sometime VERY profitable. This tactic would never be viable in Limit.
5. I hate Pocket 9s and Ts
But I'll bet em pre-flop anyway... maybe 3-5 BBs. But I'm not afraid to toss em against middling post-flop bets with an overcard or 2 on the board. No overcard, I try to take it down right then or make the Turn overly-expensive to callers. In the micro-level tho, with so many callers, I'm still not convinced slow-playing these isn't better than pre-flop betting them.
6. I target seeing 35% of the flops
I know this is more than suggested... but for three weeks (1-2 cent game) I tried to limit myself to 25% and got nowhere. In the micro-limit game, I got pegged as being so tight I squeaked, and couldn't get bets I did make called like the other players' bets did. Even at 35%, I'd guess 9-out-of-10 other players see more flops than I do... I still appear tight.
7. Bluff seldom, and use chat to be sure everyone notices
Maybe 3 times an hour I'll try to bluff/buy a small pot for short money. Half the time I'm caught, and I always use chat with some comment like "Good Play... Ya caught me trying to steal one" so everyone notices I tried. Seems corny, but many micro-players won't notice on their own... also opponents playing multi-games at once. Between those I steal and those I'm caught, I probably break even.
8. Pot Odds -vs- Implied Odds
I was using a chart for guidance with "Pot Odds" for OS/IS/Flush draws after the Flop and Turn. This chart is no-doubt correct for the break-even point AT THAT TIME the decision is made, but it ignores the HUGE implied-odds upside one can achieve in NL when one catches. I've loosened my calling criteria somewhat (but not very scientifically).
Just thought some of this might be of interest to others. Would love comments from more-seasoned players.
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