Poker Tournament - Blind Stealing Strategy

Poker tournaments are often not epic confrontations between two premium hands in the later rounds when it all is decided. They are generally 60/40 or closer confrontations, which ultimately decide the outcome.

With 10x the Big Blind or less, you have options. You could raise the minimum with steal hands, but I think this is weak. For one, you are inviting people to come over the top with many hands if you frequently steal this way. If you are the type to minimum raise with your premium hands as well, then you are also risking being busted by people who take advantage of the good price you have offered and see a flop from the blinds.

Minimum raising with big blinds and a 10 x big blind stack generally means you will steal blinds at a less frequent rate, but also risk less to do so. It also provides the chance for opponents to outplay you on the flop which you will miss more than not. Frankly, I don't minimum raise because it always seems to put me in difficult situations. I know that difficult doesn't necessarily mean bad, but I prefer to avoid these kinds of spots.

So if you don't minimum raise, you are going to be raising 2.5-3 x big blind with 10 x big blind stack. Now the problem arises here. You must raise 2.5-3 x bb with all your hands, right? If you raise 2.5-3 x bb when you are stealing, and do anything differently when you have a premium hand, then I think we could agree that this makes no sense. You must keep your opponents off balance.

If you raise 2.5-3 x bb with a stealing hand, and someone goes over the top for your stack, you are going to fold getting 13:7, or roughly 2:1 odds. Most stealing hands, on average, are worth this price.

The bottom line is this: If you steal enough using the 10 x BB rule you will have a higher rate of success than using any other method. More often than not you will be doing enough work to keep your stack growing, or to at least keep it where it is. When you do get called, it won't always be by aces or kings, and it will often be a coinflip situation. One better than raising to 3 x bb and then folding to a reraise.

The issue becomes a lot more clear with 8 x BB. It should all be pushing and folding. I suppose 10 x bb is an arbitrary amount, and I would agree that maybe 9.5 is a better mark. I really do not think raising less than all-in and folding is going to be a more +EV move than raising all-in to begin with.

So now we have this 'rule'. The real trick is deciding what to push, and what to not push. When you have 11xBB, you can afford to fold marginal hands like K8s from the CO, but if you had 6 x bb, this fold would be a crime. So obviously as you lose your stack relative to the blinds, you get more desperate.

So that at 11-14xBB you can afford to fold marginal hands (instead of opening for 3xBB), and at 8-10xBB you get more desperate, and at 6-8xBB you get even more desperate, etc.

At 5-6 x bb you should be the most desperate. What exactly this range of hands is, depends. But for the most part, this should be the height of your looseness. Why? Because you have folding equity, but not for long. When the blinds go up, or when you get blinded, or when both happen, you are sure to lose almost all of your folding equity, and you have no chance to survive and build a stack without showdown. If you have less than this, say, 1.5-3xBB, your folding equity is almost gone. You shouldn't be desperate now because you wont be able to make anyone fold with trash hands. So now you should be fairly selective, and worse case scenario just go down with any random two from the big blind.

Curt Feather is a professional poker player and poker writer. Visit one of his poker websites and read more of his informative poker articles. http://www.nlfreeroll.com , and http://small-stake.blogspot.com .

In The News:


BusinessLIVE

Russia's Vladivostok casino zone to woo Asian money
Reuters
One of four official Russian government zones where casino gambling is legal, Vladivostok is the only one that has formally initiated plans to lure foreign investors. "We have no north Asia port for gambling. For a long time the debate has been, ...
Casino Zone Planned Near VladivostokThe Moscow Times
Russia woos Asian money with casinoIndian Express

all 7 news articles »

NOLA.com

Margaritaville casino to open Tuesday in Miss.
BusinessWeek
Supporters of the Margaritaville casino in Biloxi are counting on it as the gambling hall opens Tuesday. Margaritaville is among the smallest casinos approved by Mississippi regulators in recent years, raising concerns that it would steal business from ...
Jimmy Buffett expands his Margaritaville brand to Biloxi casinoNOLA.com
Regulators OK Jimmy Buffet's casino involvementSeattle Post Intelligencer
Buffett will be back on stage in BiloxiWLOX

all 103 news articles »

Casino owners cautious despite surge in gaming receipts
Rapid City Journal
A 9 percent surge in gambling revenue from April 2011 to April of this year looks good on the surface, but that growth includes money that is being given away to entice gamblers, according to casino owners. The revenue figures released by the South ...

and more »

ABC News (blog)

Casino Investigates Bobbi Kristina Gambling Incident
ABC News (blog)
TMZ.com has posted video of Bobbi Kristina gambling on a slot machine alongside her pal — and rumored boyfriend — Nick Gordon at the MGM Resort and Casino on Saturday night. The problem: you have to be 21 or older to gamble in Vegas, and she's only 19.
Nevada casino regulators checking whether Whitney Houston's daughter, 19 ...Washington Post
Casino Investigates Bobbi Kristina Brown For Underage GamblingStarpulse.com
Bobbi Kristina Brown Gambling Underage In Vegas? Casino To Investigate Video ...International Business Times

all 878 news articles »

Wheeling Intelligencer

Their View: We have become the United States of gambling
Silver City Sun News
The 11 casinos and two racinos (horse racing tracks with slots) are the Hoosier State's third-largest source of tax revenues. Clearly, the idea that gambling is sinful has vanished in much of the heartland — Iowa has 18 casinos — and increasingly on ...
Ohio panel on gambling bill compromise postponedBusinessWeek
Mercer: Other States' Casinos Smoke-FreeWheeling Intelligencer
Anti-Casino gambling protest held.WNYT
Ohio News Network -WKYC-TV -Albany Times Union
all 42 news articles »

Panel sets tentative timetable for casino bids
Boston.com
The state gambling commission may be ready to solicit development proposals from casino companies by the second quarter of 2013. Stephen Crosby, chairman of the commission, cautioned that estimates could change. But under the timetable the commission ...

and more »

OUR VIEW: No bluffing: Casino revenue decline will affect all of us
Muncie Star Press
Not enough Hoosiers and out-of-state visitors are losing money at the state's 13 casinos, and that just might end up costing all of us. The Indiana Gaming Commission reports the adjusted gross revenue and taxes from casinos have been down for three ...
Indiana casinos face falling revenue new competitionChesterton Tribune
A disappearing potFort Wayne Journal Gazette
• Our opinion: State must play its cards wiselyTimes-Mail (subscription)

all 10 news articles »

New York Post

Casino craps out
New York Post
A Chinatown gambling mecca broken up by the feds advertised its main attraction — a slot machine called “Lucky U 777” — right on a flashing sign outside. The betting machine was among dozens of slots seized from the four-story operation at 35-37 East ...
Suspected illegal casino shut downKSDK
Authorities Looking To Seize Chinatown Building Allegedly Used As Illegal ...CBS Local

all 13 news articles »

Georgia Republicans to vote on casino gambling
Atlanta Journal Constitution
By Aaron Gould Sheinin Columbus -- When Republican voters go to the polls for the July 31 primary, they'll get the opportunity to say if Georgia should allow casino gambling with profits benefiting education. The state GOP's executive committee this ...
Crawford: Issues are primary focus this JulyGainesville Times

all 16 news articles »

Jakarta Globe

Casinos bet on Macau growth but China a wildcard
Reuters
The three-day conference at the Global Gaming Expo Asia, known as the G2E, focuses on the outlook for gambling in the region. Of particular interest is the emergence of new casinos being built in Macau, the Philippines and Vietnam at a time when growth ...
Asia's Largest Gaming Expo Opens in MacauJakarta Globe
Macau Labor Shortage Seen as Hurdle for Casino ExpansionBusinessWeek
Top US gaming official to tell Macau of even bigger jackpotHong Kong Standard

all 51 news articles »
Google News

Online Roulette ? A Brief History

The term "Roulette" is French and in essence it means... Read More

Women Increasingly Prefer Online Poker

As poker continues to gain more and more mainstream acceptance,... Read More

Online Poker Played by Bots?

I've just read one of the most interesting stories I've... Read More

Party Poker Room Review

Party Poker is one of the world's largest online poker... Read More

Spread Betting Basics

Spread betting is a complicated venture; the statement is nothing... Read More

States Lottery Basics

For those who dream of quitting their jobs and being... Read More

The Difference Between Bankroll and Money Management

I am sure you would have heard comments like, 'if... Read More

Become the Casino of Life Where You Control the Outcome Rather Than Playing the Odds

I want to continue on the subject that I have... Read More

Tips & Strategies for Slot Players

1. Always play with money you can afford to lose.Let's... Read More

The Secret of Betting Dont

Pssst...! Wanna know a secret?How about the secret of Betting... Read More

Poker Tournament - Blind Stealing Strategy

Poker tournaments are often not epic confrontations between two premium... Read More

Virtual Casino Games

Looking to find out what kind of games can be... Read More

World Series of Poker Mania

The popularity of the World Series of Poker gained tremendousmomentum... Read More

Winning at Slots, The Best Strategies

Casino gambling is often played with a gambling strategy in... Read More

Gambling History of United States

Against the popular belief, gambling did not originate in the... Read More

Has the Party Poker Fish Pool Dried Up?

Party Poker has long been known as the place to... Read More

The Lottery Jackpot: Why You Havent Won Yet - And What You Can Do About It

Did you miss the lottery jackpot because the planets were... Read More

Online Casino - What Is It?

Entertaining industry conquerors more and more space of our lives.... Read More

Blackjack - Should You Count Cards?

If you are like the average, recreational Blackjack player, you... Read More

Roulette System: 5 Biggest Gambling Mistakes You Should Avoid

In this article I'd like to share with you the... Read More

2005 World Series of Poker -- Final Tournament Report

Now that the 2005 World Series of Poker has finished,... Read More

Online Poker Tournaments -- Time to get aboard

Online poker tournaments are skyrocketing in popularity due to reasons... Read More

Playing Online Poker For A Living

Playing online poker for a living is absolutely doable, but... Read More

Online Craps

Are you interested in playing craps online? Are you tired... Read More

Poker Hand Rankings

Poker hand rankings are one of the most important aspects... Read More