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Monday, November 17, 2008

Who wants Cake?

If anybody is interested in buying a small poker bankroll over at Cake Poker (http://www.cakepoker.com/), then please give me a holler by leaving your email or contact number on the comments of this blog. I have about $500 that I want to exchange.

I'm thinking we can go about this in two ways and I'll offer a good deal.

1. We do some kind of exchange. I will take Pokerstars, Pokerroom, Carbon or FullTilt Dollars in exchange for the Cake Poker Dollars. I will offer you $1 for your 92 cents. That means if you want $100, you give me $92. If you want the whole $500, then you only need to exchange me $460 in PS or FTP$. You just register an account in Cake and I'll transfer the money to you and you transfer to me. Kaliwaan.

2. If you want to buy it using cash, then I'll sell it at 45 is to 1. This means if you want the whole $500, then you just pay me 22,500 pesos.

Good Deal diba? You can buy multiples of $100 up to $500. In case you're worried that I am doing some kind of con. Well, I'm not. Should be easy to meet up somewhere like the Metro with laptops where we can do the exchange. Or you can come to my office which is a public place inside a mall where the people know me and you know I'm not going to suddenly stick a gun at you. Heheh. If you're a regular at pokermanila, then it should be even easier. 11finger can vouch for me as we did some PS to FTP exchange before and I also purchased some books off him. Besides its a small amount and I wouldn't go through all this trouble just to con a poker noobie.

Ok. What are the pros of Cake poker?

First of all, its full of fishes. I am not kidding when I say this. I offer my sharkscope stats below as proof. I have put it side by side with my FTP stats just to show you the difference. I have a decent 13% ROI in FTP, but my stats in Cake are off the charts. 88% ROI, anyone?


Secondly the tournaments have good overlays. You always get value for your buy-in when you play the guaranteed tourneys. So very easy site to make money from. Finally, the site offers one of the highest rakeback deals around at 33%.

So what's the catch? Why am I willing to give you a good deal? I will be forthright and honest about this. I deposited to Cake poker using Moneybookers and you all know what happened with MB. Cake currently does not accept Click2pay but they said that they are already working out a deal with C2P but its not yet formalized. So if you do win, the only way to withdraw right now is thru check.

I don't want to go thru all the hassle of requesting, waiting, depositing the check and waiting again for it to clear, hence the offer. So just leave a note or email me directly at
exaserv@tri-isys.com and we can work out a deal. Thanks.

Tuesday, November 4, 2008

Learning from the Pros

As part of my continuing evolution as a poker player, I am currently watching SNG (Sit and Go) videos prepared by online pros over at SNGicons. My cousin paid $90 to get a 3 month membership and I am piggybacking/sharing the account.

So how is it ? Did I suddenly become better and won tons of money playing SNGs by just watching these videos ?

Heheh ..... Ok here is my honest review of the videos. If you only have basic or beginner SNG knowledge like my cousin, then the videos would be very helpful in improving your game. They provide insight on the different strategies needed for beginning, middle and endgame SNG play. Depending on the pro who made the video, they will usually explain their thinking behind the moves and it gives extra dimension to reasons behind the normal check or call.

Some advance concepts like ICM shoves may shock the tight beginner player. But if you take time to understand ICM and download some ICM calculators, you will see that they are almost always 100% correct. Just bear in mind that ICM makes assumptions about opponent's ranges, and players in the low levels don't think logically. They will call when they should fold, so some adjustment is necessary as the video examples are normally high buy in SNGs where the opponents are also executing ICM strategy and will generally fold to a good push.

Even without ICM, studying the videos should give the beginner player a generally good idea of which hands are playable at what levels. You might be surprised to see them folding A8 suited at the first few levels without any thought whatsoever. But THAT is the correct play in SNGs.

Since I've been playing SNGs for close to 2 years, the benefit to me personally was less. A lot of the concepts they were explaining I already learned previously. I don't use ICM calculators, since they slow up my play. But I do have a general instinct of which cards to ICM push in the endgame and a review of my stats do show that I am generally correct. But the videos did show that I am still not executing perfect SNG strategy.

For example, I might still fold let's say 86 suited when I am in the small blind with 5 players left and the action is folded to me. For them, its an easy push. Things like taking advantage of the big stack and pushing with marginal hands against the mid stack guys are things that require some more analysis and experience on my part. But I was happy to note that my SNG play was more or less at par with what they were doing.

The main thing that might surprise the average poker player is that the pros rarely bluff in SNGs. Basically for the main reason that they don't need to. Sure, you'll see some weird hands during showdowns that look like stone cold bluffs. But upon further analysis and with their explanations, you will realize that they are actually not bluffs. They are either continuation bets, ICM shoves or calls they had to make because you were giving them the correct odds. We sometimes mistake these online pros for cocky and brash young people who just got lucky and I am also guily of this misconception. But after watching & listening to the videos, you will realize that a lot of math really goes into their every decision and the wins are not flukes.

I'll be watching some MTT videos next and hopefully I pick up some more things. The site is not known for the quality of their MTT videos but the guy who makes a lot of the MTT videos is Jonathan Little and he was the WPT player of the year last year, so it should be good. By the way, he's 23 years old. Heheh