Q&A #49: No Limit Hold ‘em Structures
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Eric asks,
In one of your Q&A’s, you say that NL$2/3 $100restricted buyin game at Commerce is a terrible structure. I was just wondering why you thought that. I happen to play that game a lot and record my results religiously and tend to win. I now question whether I’m limiting ...
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Ed,
Nice site; I’ve been lurking and this is the first post for me here.
Keep in mind the 2/3 blind $100 fixed buy game is not only popular at the Commerce, you’ll find the same game structure at just about all the Los Angeles county cardrooms. In fact Hawaiian Gardens was the first club to successfully use this structure well before the poker boom.
One reason the blinds have to be so high relative to the fixed or narrow spread buyin is because of the “drop everything on the flop” system used in California (and enforced especially strictly in LA County). This requirement tends to prevent a small blind, high (or unrestricted) buyin game from working well. A high buyin relative to small blinds tends to attract stronger players (e.g., I played the 1-3 unrestricted game at the Wynn and experienced seven straight hands with no flop - I’ve never seen anything like this in LA). Anyway with small blinds and the ability to start with a deep stack the pot size on the flop would often be too small to support the sick drop on flop. Although this occasionally happens under the current structure it doesn’t occur too often since $100 bills flow out of player’s wallets like water in a monsoon rain these days. Even the $20 buyin game with 1-1 blinds at Hawaiian Gardens (located conveniently next to the bar) often features games with deep stacks after a while. Yeah, three or four buyins come off the table in drop per hour, but I’ve goofed around in games were each hand averaged a rebuy or two!
Typically though I tend to play the 5/10 $400 or $500 fixed buy games (along with the 3-5 $200 fixed buy game). So long as you have time to play a decent length session you often do end up in deep stack games with a deep stack. The beauty is that when you end up with the deep stack, you’re often the only one who plays the deep stack fairly well [b]and no deep stack shark can take a seat and match your stack.[/b] IOW, if I play a deep stack in an unrestricted buyin game my B- deep stack game (I’m probably being overly generous rating my play) is usually up against C+ to A- deep stack players; in the fixed buy game my B- game is usually up against D- to B deep stack players.
Naturally it’s best for me to work at becoming a stronger deep stack player, but if you want to start deep in LA you are playing a much bigger game and need a much bigger bankroll. I can’t do that.
As an aside, although the Commerce (and now the Bike) have increased their drop by taking an extra buck on the river I see a faint silver lining. That is if this is legal (taking a percentage drop is clearly illegal in California) perhaps a forward thinking California card club can take their drop in more refined pieces, e.g. a $5 drop could be taken $2 on the flop, $2 on the turn, and $1 on the river. I’d prefer the drop to be taken on called action on each street, but sometimes you need to walk before you can run.
Regards,
Rick Nebiolo
PS I no longer work at the Bike
or any other card club.