July 10, 2011

2 hands


Ongame Network $50.00 No Limit Hold'em - 2 players - View hand 1367038
DeucesCracked Poker Videos Hand History Converter

BB: $49.13
Hero (BTN/SB): $67.02

Pre Flop: ($0.75) Hero is BTN/SB with K of clubs J of spades
Hero raises to $1.50, BB raises to $3.50, Hero calls $2

Flop: ($7.00) 7 of diamonds J of hearts K of spades(2 players)
BB checks, Hero bets $5.00, BB calls $5

Turn: ($17.00) T of spades(2 players)
BB checks, Hero bets $12.00, BB calls $12

River: ($41.00) J of clubs(2 players)
BB checks, Hero bets $30.00, BB calls $28.63 all in

Final Pot: $98.26
Hero shows K of clubs J of spades
Hero wins $95.89
(Rake: $2.37)

What do you think his calling range is here? The hand mucks and I cant view it in HEM

Ongame Network $50.00 No Limit Hold'em - 2 players - View hand 1367044
DeucesCracked Poker Videos Hand History Converter

BB: $69.85
Hero (BTN/SB): $42.30

Pre Flop: ($0.75) Hero is BTN/SB with 6 of spades 6 of diamonds
Hero raises to $1.50, BB calls $1

Flop: ($3.00) 5 of clubs Q of spades 4 of spades(2 players)
BB bets $2.25, Hero calls $2.25

Turn: ($7.50) 2 of diamonds(2 players)
BB bets $5.75, Hero calls $5.75

River: ($19.00) 8 of clubs(2 players)
BB bets $9.50, Hero folds

Final Pot: $19.00
BB wins $9.50
(Rake: $0.95)

Do you think I am ahead enough with the missed flushdraws to make a call?

HU guys your input welcome

Posted By Acombfosho at 04:51 PM

4 Comments

Tags: hu hands

July 09, 2011

2 hands

2 hands from today

Party Poker $50.00 No Limit Hold'em - 6 players - View hand 1366635
DeucesCracked Poker Videos Hand History Converter

CO: $64.46
BTN: $75.16
SB: $50.00
Hero (BB): $67.85
UTG: $112.81
MP: $44.43

Pre Flop: ($0.75) Hero is BB with K of spades J of clubs
1 fold, MP raises to $1, 3 folds, Hero calls $0.50

Flop: ($2.25) 5 of hearts 3 of spades 5 of spades(2 players)
Hero checks, MP checks

Turn: ($2.25) 7 of clubs(2 players)
Hero checks, MP checks

River: ($2.25) A of clubs(2 players)
Hero checks, MP bets $1.60, Hero calls $1.60

Final Pot: $5.45
Hero shows K of spades J of clubs
MP shows 8 of diamonds Q of clubs
Hero wins $5.18
(Rake: $0.27)

Here villain is a 69/47 meaning he has many many hands preflop. Flop is checked through as is turn, Ace river he bets. I call as K high is the nut high hand and he has so much air.

Party Poker $50.00 No Limit Hold'em - 6 players - View hand 1366637
DeucesCracked Poker Videos Hand History Converter

MP: $50.00
CO: $50.00
BTN: $69.09
Hero (SB): $85.72
BB: $102.75
UTG: $44.84

Pre Flop: ($0.75) Hero is SB with 2 of hearts 2 of spades
2 folds, CO raises to $1.50, 1 fold, Hero calls $1.25, 1 fold

Flop: ($3.50) 7 of spades 2 of diamonds A of hearts(2 players)
Hero bets $2.50, CO calls $2.50

Turn: ($8.50) 4 of clubs(2 players)
Hero bets $7.00, CO calls $7

River: ($22.50) 8 of spades(2 players)
Hero bets $74.72, CO calls $39 all in

Final Pot: $100.50
CO mucks A of diamonds 9 of clubs
Hero shows 2 of hearts 2 of spades
Hero wins $97.50
(Rake: $3.00)

This hand was my second at the table, I lead flop as I have a set and decide to go for max value buy shoving river. I didnt think he would be able to fold AJ+ and thats what I believe his range consists of when he calls flop and turn. Ship it.

In other news I have an interview to be on the UK Apprentice audition is next week in Manchester, looking forward to that. I have also been on two telephone interviews with Korea schools, so now I am waiting for my CRB from disclosure services in order for me to get a Korean visa to work :)

Posted By Acombfosho at 09:15 PM

1 Comments

Tags: hands

July 08, 2011

six hands

6 hands reviewed trying to figure out ranges

Hand 1.

BTN: $253.19
SB: $94.88
BB: $112.50
UTG: $104.91
MP: $101.58
Hero (CO): $103.35

Pre Flop: ($1.50) Hero is CO with Q of clubs T of spades
2 folds, Hero raises to $3, 1 fold, SB calls $2.50, 1 fold

Flop: ($7.00) T of clubs 9 of hearts 6 of clubs(2 players)
SB checks, Hero bets $5.00, SB calls $5

Turn: ($17.00) Q of spades(2 players)
SB checks, Hero bets $13.00, SB raises to $27.57, Hero calls $14.57

River: ($72.14) 7 of clubs(2 players)
SB bets $59.31, Hero folds

SB is 35/10/5 wtsd 33 over 88 hands calls open from SB 31%
so his range is all pocket pairs 22-88, all suited connectors 56s-KQs, Big broadways, any suited ace, suited gappers 75+, some suited kings and suited kings,  A6o-AT0 hands and all K8o+, I think he 3bets AK and 99+.

Flop: ($7.00) T of clubs 9 of hearts 6 of clubs (2 players)
SB checks, Hero bets $5.00, SB calls $5

I hit top pair and bet for value, and he quickly calls. I do not think this board removes many of his hands from his range except the small pocket pairs and all the Ksuited and Qsuited that are not clubs, as well as the smaller suited Aces. I think he peels all pair and gutshots aswell as over cards and gutshots. Still leaving most of his range in the hand but with me dominating it a majority of the time.

Turn: ($17.00) Q of spades (2 players)
SB checks, Hero bets $13.00SB raises to $27.57, Hero calls $14.57

I turn top two and see no reason to give him free cards so I value bet. He times a bit and min raises. I think this narrows his range down alot. It removes all hands like A6-AT, and narrows it down to top pair with flush draws, top pairs with straight, strong flush draws with straight outs, made straights, smaller two pairs, like Q9 and Q6s. I think I am behind his range nearly all of the time but I have top two and can improve to top boat with implied odds against all of the hands left in his range.

Pot is now 57.57 and it is 14.57 to call

roughly need 25% to call and pokerstove says I am around 35% + there is money behind, so I call.

River: ($72.14) 7 of clubs (2 players)
SB bets $59.31, Hero folds

River brings in the worst card in the deck and villain shoves.

Hand 2.

Hero (BTN): $105.00
SB: $60.60
BB: $106.05
UTG: $111.25
MP: $123.15
CO: $100.00

Pre Flop: ($1.50) Hero is BTN with J of spades J of diamonds
3 folds, Hero raises to $3, SB calls $2.50, 1 fold

Flop: ($7.00) T of hearts 2 of clubs 7 of diamonds(2 players)
SB checks, Hero bets $7.00, SB calls $7

Turn: ($21.00) 5 of clubs(2 players)
SB bets $7.00, Hero raises to $21, SB calls $14

River: ($63.00) K of clubs(2 players)
SB checks, Hero bets $31.50, SB calls $29.60 all in

Final Pot: $122.20
SB shows 2 of spades 2 of diamonds
SB wins $119.20
(Rake: $3.00)

Villain is 45/12/0 wtsd 25 over a small sample of 56 hands. Preflop his range is very wide and I am happy to cbet for value expecting any pair, and gutshot and straight draw to call. When villain donks the turn to me this looks like a weak hand like top pair that does not want to face a large bet, obviously I want to disappoint him so I bet around the size of the pot had he not donked. he calls and the bdfd completes, he checks. At this point I can get value from only Tx hands and thats a narrow part of his range, the flush got there and I cant expect a worse hand than Tx to call, nor will a better hand fold, so I should have checked back. This hand was a mistake especially on the river, I should just check.

Hand 3.

BB: $102.50
UTG: $158.67
CO: $35.00
Hero (BTN): $131.34
SB: $105.38

Pre Flop: ($1.50) Hero is BTN with K of diamonds K of spades
UTG raises to $3.50, 1 fold, Hero raises to $10, 1 fold, BB raises to $26, 1 fold, Hero calls $16

Flop: ($56.00) 2 of hearts 9 of clubs J of spades(2 players)
BB bets $27.00, Hero raises to $105.34, BB calls $49.50 all in

Turn: ($209.00) 9 of hearts(2 players - 1 is all in)

River: ($209.00) 7 of diamonds(2 players - 1 is all in)

Final Pot: $209.00
BB shows A of hearts A of spades
Hero shows K of diamonds K of spades
Hero wins $28.84
BB wins $206.00
(Rake: $-25.84)

Not just a cooler? There are a number or reasons why this is close. UTG is tight 18/16 player over 146 hands UTG open 14%, BB is even tighter and more aggressive 16/12/9 with no 4bet so far. So I pick up KK on the BTN and 3bet. BB makes a 4bet and now I have to decide. His range will be strong, There are 6 combos of AA, 8 combos of AK and 6 combos of QQ making my equity 57%. However, if we discount half the combos of AK and half the combos of QQ we are now flipping at 51%, get rid of all non AKs combos and we have become dominated 44%. However, given that there is now 37 in the pot and it is 16 to call I have to call math wise, however this is one of those nasty spots where I think if I know villains range is ONLY AKs and AA here I can fold? I dont know what are your thoughs?


BTN: $109.67
SB: $227.34
BB: $100.00
Hero (UTG): $100.00
MP: $163.49
CO: $18.82

Pre Flop: ($1.50) Hero is UTG with 9 of clubs 9 of spades
Hero raises to $3, MP calls $3, 2 folds, SB calls $2.50, 1 fold

Flop: ($10.00) Q of diamonds 4 of diamonds 2 of spades(3 players)
SB checks, Hero bets $6.00, MP folds, SB calls $6

Turn: ($22.00) 3 of clubs(2 players)
SB checks, Hero checks

River: ($22.00) 4 of spades(2 players)
SB bets $20.90, Hero calls $20.90

Villain is LAGTARD playing 57/46/20 with cbet of 73 and WTSD of 57 over 164 hands. I bet this flop as a cbet and he calls. I put him on a weak top pair, any flush draw and pair and gutshot. He checks and I check behind. I think I should have bet the turn here to get value from flush draws and random crap. River pairs the 4 and he instapots. I make a quick judgement that the FDs missed and I doubt that just a weak naked Queen would pot it so I think his range is polarized to monsters like boats or just missed draws so I call. Turns out I was wrong but I dont hate my play.

Final Pot: $63.80
SB shows 4 of hearts 3 of hearts
Hero mucks 9 of clubs 9 of spades
SB wins $60.30
(Rake: $3.50)

Hand 4.

UTG: $44.78
CO: $104.78
Hero (BTN): $108.08
SB: $153.50
BB: $100.00

Pre Flop: ($1.50) Hero is BTN with 9 of hearts 9 of spades
2 folds, Hero raises to $2.50, SB calls $2, 1 fold

Flop: ($6.00) 9 of diamonds 8 of clubs 6 of spades(2 players)
SB bets $4.27, Hero calls $4.27

Turn: ($14.54) K of spades(2 players)
SB bets $11.00, Hero calls $11

River: ($36.54) 4 of hearts(2 players)
SB bets $28.00, Hero calls $28

Final Pot: $92.54
Hero mucks 9 of hearts 9 of spades
SB shows K of clubs K of hearts
SB wins $89.04
(Rake: $3.50)

In this hand I was concerned by the donkbet asvillain was calling 38% from sb and 54% from bb, this is pretty much any two cards, including 75 and T7. However those are a small part of his range that donks. The rest of the range are random two pairs, straight draws, smaller sets and bluffs, the majority being bluffs. I thought that it would be best to let him barrel all his bluffs and call down. However on the turn and river I became more certain he was going for value with a nut type hand. I didnt want to raise river as I dont think he would call without at least a straight.

Hand 5.

UTG: $100.00
MP: $106.00
CO: $104.50
Hero (BTN): $101.50
SB: $30.50
BB: $100.00

Pre Flop: ($1.50) Hero is BTN with K of clubs A of clubs
1 fold, MP raises to $3, CO calls $3, Hero raises to $13, 2 folds, MP raises to $31, 1 fold, Hero raises to $101.50, MP calls $70.50

Flop: ($207.50) 7 of spades 5 of clubs 2 of spades(2 players)

Turn: ($207.50) 6 of spades(2 players)

River: ($207.50) J of diamonds(2 players)

Final Pot: $207.50
MP shows A of spades A of diamonds
Hero mucks K of clubs A of clubs
MP wins $204.00
(Rake: $3.50)

Pretty standard  - With me 3betting the button, I can be perceived as squeezing by MP and as am only crushed by AA and dog to KK, and given the money in the pot I am happy to get it in though I am not jumping for joy.

Hand 6.


UTG: $119.59
Hero (MP): $119.30
CO: $104.64
BTN: $83.88
SB: $187.65
BB: $100.00

Pre Flop: ($1.50) Hero is MP with K of hearts K of spades
UTG raises to $3, Hero raises to $10, 4 folds, UTG raises to $26, Hero raises to $119.30, UTG calls $93.30

Flop: ($240.10) 7 of spades 5 of hearts 4 of hearts(2 players)

Turn: ($240.10) 2 of hearts(2 players)

River: ($240.10) 4 of spades(2 players)

Final Pot: $240.10
UTG shows A of hearts A of clubs
Hero mucks K of hearts K of spades
UTG wins $237.10
(Rake: $3.00)

I have 209 hands on the UTG - opens EP 8% which is a very strong range. Being as we are both 120 deep and he opens only 8% utg I guess its not too much of a shock I run into AA here, can I ever fold KK preflop though? I think other ways to play KK here would be to flat and hope to get squeezed by another player behind, but I think that just creates more people in the pot who would be more willing to flat behind, without knowing more about the other opponents I think that is too far of a stretch, also playing KK OOP in a small pot is never good as the stacks rarely get in good with a huge SPR. Guess its just a cooler but them happening all at onces makes me think that I should be somehow laying these down!

Posted By Acombfosho at 08:36 PM

1 Comments

Tags: hands

July 07, 2011

How would you coach yourself?

How come we can give advice easily but its often hard to take?

A question which has just popped into my mind is this:


If you were to take a clone of yourself, absolutely identical to you in every single aspect, but your job was to coach your clone how to play better poker, WHAT would you do?

What I mean by this and to understand it, takes a bit non-conventional thinking. Let me try to explain - have you ever known a player who has similar results to yourself, yet you can JUST SEE that IF THEY ONLY DID X-Y-or-Z they would increase their win margin DRAMATICALLY!?!

When we look at another players game, we make our best efforts to see their flaws and we look to exploit them in order for us to make our edge on them turn into profit.

When we look at another players game, we can see their flaws in different aspects and use this against them at the tables.

When a friend of ours wants us to look at their play over a certain period of time and assess on where they can improve, we can look at their game OBJECTIVELY and make very good often brilliant analysis on where they are going wrong, things they can do to improve their edge in specific spots, places where they can be tighter/looser, places where they need to just sit down and have a word with themselves, aspects which are kind of intangible individually but when we add up different intangibles together we can say overall you can improve on this part of your game.

In fact, it is pretty easy to do.

So, WHY is it so hard to do for ourselves?

Lets try a thought experiment:

Imagine you take your database of results over the past 200,000 hands that went to showdown and swap that database with another player who plays the same limits in the same types of games completely at random. All of the screen names are removed to anonymous, your sn becomes hero, your opponents you face day in day out become villain and all the other players in-between become in where they are sat simply as SB, BB, UTG, MP, CO, BTN. Then, again at random you both agree to analyse 25% of the hands of other players database, I'm sure they could be done in some kind of random fashion with some kind of algorithm. Your goal now is to go through this database of the remaining 50,000 hands chosen at random so that you have to find the leaks of that player you are analysing.

Within a short time period I am certain you could find a huge majority of the leaks that this random player has by diving into the filters of HEM and reviewing all the different situations where he loses more money than he should, wins less money than he should, and even the spots where he is playing near perfect and explain why he is doing all of these things.

Now imagine that after you have done your analysis on the random player at the same limits and games you play, you have to present to him the ways he can improve, areas he can work on, things he does well which can be done better, things he does badly which can be made to become less and suggest all the things he can work on to drastically improve his game.

Here comes the fun bit - just before you meet this player and are ready to tell him his leaks, you have to wait behind a curtain before you can tell him what you have found. This builds up the anticipation, You begin to question your analysis. Further, you begin to wonder if he will become defensive about your advice; is your advice driven out of other motives, are you jealous of his winrate because he crushes/do you feel sorry for him because he sucks so bad? Whatever, you sit there and realise, this is the data and this advise is IMPARTIAL, you have found the leaks in this players game and the facts dont lie, you say to yourself.

Well now its time to meet the random player who you have been helping find their leaks. The drums roll, the crowd awaits, the spotlights are ready, its lights, camera, ACTION!

*CURTAINS ARE RAISED*

And..

*crowd gasps*

And...

Finally, all is revealed.. You are staring at a mirror

HOW WOULD YOU COACH YOURSELF?

Posted By Acombfosho at 09:24 PM

0 Comments

Tags: Coach yourself

July 05, 2011

Keep It Simple!

I've had a bad last 2k hands, and am down around 8 buyins.  I lost mostly with AK AIPF (4bi vs TT, KK, KK and AA) and twice with KK (they had AA both times), several smaller pots added up to another two buyins, so I am stuck 8 buyin for the month. Not a good start to the month!

This reminds me of a video I watched with Nikachu about preflop aggression in small stakes. I distinctly remember him saying the following:
Preflop aggression in small stakes is easy, you can breeze through these limits by simply minimizing the spots you are getting in preflop dominated and slightly behind by a few simple actions. When you open AA and KK and get 3 bet, you 4bet and get it in. When you open AK and QQ and get 3bet you flat and see a flop. When you Open JJ, AQs and below and get 3 bet, you fold.

Sounds so simple doesnt it. Yet, I actually believe that this is largely true. Of course, having hard and fast rules which you never deviate upon makes you very exploitable should your opponents figure you out. However, at small stakes, on larger sites like Stars, Party and iPoker the chances you play with a handful of regulars enough for them to know you are doing this is so small that the reality is they will never know. You can also of course adjust to them once you know they are beginning to adjust to you, so it works both ways.

I am going to make a conscious effort to keep my preflop aggression high by 3betting for value with very strong hands like AA and KK, as well as with bluffs, reserving stacking off for premiums and keeping my range strong when flatting opens. 

Professional No Limit Holdem always harps on about Range, Equity, Maximize, and that is because that is the essence of good poker. 

When I reviewed those hands mentioned, it is no surprise that I would be facing a very strong range in most of the instances and that my equity vs those hands in that range is not super great. Even though KK is a stack off, and AK is also considered a stack off, the relative strength (of AK especially) has to be factored in when the original opener is TAG regishlooking player who hasnt been getting out of line.

Why flip (or better put, be dominated) for 100bb with AK vs a range of QQ+ (let's be honest, at SSNL that IS the range people are 4betting for value as UTG or UTG+1 opener vs a 3bet from another regish looking player), when for 3bb you can see a flop and play in position, take it away on good boards for our percieved range and still get big value vs his AQ, KQ, type hands?

Furthermore, on one of my tables I was OOP vs two solid players and another one of my tables didnt have a fish. I should have just left that particular table and tried to get a better seat on the other. It is an age old adage but it seems to be also true; Do the simple things repeatedly well and the tough stuff becomes easy.

"Great things are done by a series of small things brought together."
-- Vincent Van Gogh

"Be faithful in small things because it is in them that your strength lies."
-- Mother Teresa 

"Only those who have the patience to do simple things perfectly will acquire the skill to do difficult things easily."
-- Johann Schiller 

"A small leak can skin a great ship."
-- Benjamin Franklin

An interesting article I read on 2+2 forum was about the benefits of chewing gum for your focus. Alex ferguson can't be wrong - Chew gum when playing!

These three things are important so write them down and put above your monitor:

  1. • What do my opponent's actions mean?
  2. • What is the best action to take vs. his range of hands?
  3. • Consider all of your options carefully before deciding and make sure to take lots of deep breaths

Non poker wise life is getting a bit boring, so I am content to focus on improving my play and reviewing more hands. I am reading 'The Godfather Of Poker' the Doyle Brunson Autobiography, so far a pretty interesting read. I am now sure he was a huge degenerate when he was younger, from the sounds of the first 4 chapters he spent the majority his early twenties hanging around nothing but drug addicts, con artists, thieves, killers, pimps and whores!

I am now also midway through the Owen Gaines book 'Poker Math That Matters' and wish I would have had something like this a long time ago, right as I was starting out. Its an extremely well designed and thought out book which covers everything you need to know about all the mathematics of No Limit, and I hate to admit this but that is something which I did not fully grasp at first and that I have struggled with for a long time. Having strong fundamentals in math can only be a benefit while playing, so if you consider yourself as a feel player, or just simply dont fancy yourself as much of a math guy, get a hold of this book, it is well worth it! The chapters start off simple and build up to more complex things later. Nothing is too big of a jump though because each chapter you are quizzed to make sure you understand the concepts outlined in the previous section. You build upon this knowledge step by step and by the end you are feeling confident. Save yourself a lot of time and effort worrying about poker math and get this book now. I can tell I will be re-reading this book right away after I finish it just to make sure I am super confident while at the tables and also able to properly analyse my play away from the tables.

Finally, my TEFL course is back on track again, I'm doing it through i-to-i and once completed I will be heading to Korea!

Peace

Posted By Acombfosho at 10:56 PM

10 Comments

Tags: 6max ssnl pre-flop aggression

June 29, 2011

mentor

i want to mentor and help 3 people. this is free, every day i want you send me one hand history and we discuss it. Send me a comment in the comment box and I will choose 3 people based on what they wrote. I will let you know if I chose you by PM. 100nl and below 6max please

Posted By Acombfosho at 07:19 PM

7 Comments

Tags: mentor

June 25, 2011

Life in the UK

Im back in the UK one month now. Its alright, weather is good this time of year (kind of), and Im doing something totally unrelated to poker which actually is a nice refreshing change. Im working @ shine studios on the business side of things, which means a lot of meetings, coffee, cig breaks and laughs, as well as copious amounts of what I see as unnecessary paperwork!

Meeting up with my old mates is great too. They havent changed, feels like straight back into the old groove as if the last 20 months were a mere 20 minutes. My close friend is away though, in China, and I feel like I will be shortly joining him in SEasia again, however this time in Seoul, South Korea.

Working a real job along side playing poker has many benefits, and a couple of downsides. The pluses are that you have a routine every day, you get paid every day regardless of how you do at the tables, and this has a side effect of your play at the tables being much more focused on making +EV plays and really squeezing every bit of EV you can (although you should do this anyway, i dont know it just feels different).

I'm currently watching Self Made Wealth by Eban Pagen, so far so good, a very nice series so far and I definitely have a different view on the way wealth works even after only 3 of the seminars.

Goals for next month will be to grind 200k hands of rush along side working!


Posted By Acombfosho at 11:22 AM

0 Comments

Tags: Blog

June 20, 2011

Playing Better Poker v1.

I just copied some of my old blog posts into one PDF so its easier for me to find, feel free to share

Playing Better Poker v1 PDF

Peace

 

Posted By Acombfosho at 08:03 PM

4 Comments

Tags: poker pdf

May 30, 2011

Thin Red Grind Notes

Thin Red Grind Notes by Grindcore

  • beat micros by playing solid, making strong hands and going to showdown
  • big bets usually = value
  • get the money in before the board changes
  • go for the line that gives you the biggest amount of information
  • take notes on good lines by villains too
  • get a read, follow it
  • if its close and you are readless but calling will give you a read. call if the odds are OK and you can use the information later
  • you beat nits by winning all the small pots and out nitting them in the large pots
  • check how many tables villains are playing
  • think about his range, make a choice, think about how his various actions change his range
  • too many tables is bad. play 4 tables and THINK
  • make use of the time on 4 tables, take 2 seconds more than normal on every decision. This will train your brain to stop and think extra when you do have a hand its a fast track to improve more
  • have a plan before you act, and tailor your plan to your villain. Does villain not fold to cbet alot? Why cbet air? THINK
  • think about your percieved range when oop and see if you can rep boards that dont hit villains range
  • when you are card dead open up last hand in HEM viewer showdown and take notes on anything you notice in your opponents
  • if you are going to stack his value range anyway and he sill has bluffs in his range, why not let him bluff?
  • is HE honest or DISHONEST? - form this opinion BEFORE you make your choices vs villain
  • target each player and make individual plans for each - adjust accordingly when they are tilted, winning, chatting, etc
  • manipulate their frequencies - say someone opens alot BTN and cbets a ton.. how do u exploit? bluff raise flops obv

Posted By Acombfosho at 11:48 PM

4 Comments

Tags: grindcore thin red line notes

May 30, 2011

To make millions, you must serve millions. Millionaire fastlane

To make millions, you must serve millions.

Need, Entry, Control, Scale, and Time.

Need

  • The Commandment of Need states that businesses that solve needs win. Needs can be pain points, service gaps, unsolved problems, or emotional disconnects.
  • Ninety percent of all new businesses fail because they are based on selfish internal needs, not external market needs.
  • • No one cares about your selfish desires for dreams or money; people only want to know
  • what your business can do for them.
  • • Money chasers haven’t broken free from selfishness, and their businesses often follow
  • their own selfish needs.
  • People vote for your business with their money.
  • Chase money and it will elude you. However, if you ignore it and focus on what attracts money, you will draw it to yourself.
  • Help one million people and you will be a millionaire.
  • For money to follow “Do what you love,” your love must solve a need and you must be exceptional at it.
  • “Do what you love” sets the stage for crowded marketplaces with depressed margins.
  • When you have the financial resources, you can “do what you love” and not get paid for it, nor do you have to be good at it.
  • Slowlaners feed “do what you love” with “do what you hate.” Five days of hate for two days of love.
  • “Doing what you love” for money can endanger your love.
  • Passion for an end goal, a why, drives Fastlane success.
  • Having a passionate “why” can transform work into joy.
  • “Doing what you love” usually leads to the violation of the Commandment of Need.
  • The right road for you is one that will converge with your dreams.

Entry

  • The Commandment of Entry states that as entry barriers fall, competition rises and the road weakens.
  • Easy access roads carry more traffic. More traffic generates higher competition, and higher competition creates lower margins for the participants.
  • Businesses with weak entry often lack control and operate in saturated marketplaces.
  • Exceptionalism is required to overcome weak entry barriers.
  • Access to a business road should be a process with a toll, not an event.
  • “Everyone” consists of the general populous and is served by the mainstream media
  • If everyone were wealthy, “everybody is doing it” would work. And if everyone is wealthy, then no one is wealthy.
  • “Everyone is doing it” is a signal to overbought conditions and the entrance of “dumb money.”

Control

  • Hitchhikers relinquish control of their business to a Fastlaner.
  • There is a difference between “good” money and “big” money. Hitchhikers can make good money while Fastlaners make big money. Sometimes legendary money.
  • In a driver/hitchhiker relationship, the driver always retains control and the hitchhiker is at the mercy of the driver.
  • Hitchhikers are party to someone else’s Fastlane plan. Make the world your habitat of play in an organization you control.
  • Network marketing has little to do with entrepreneurship but more to do with sales, networking, training, and motivation.
  • Network marketing fails both the Commandments of Control and Entry, and sometimes, Need.
  • Network marketers are soldiers in a Fastlaner’s army.
  • Network marketing is a powerful distribution system. As a Fastlaner, seek to own one, not join one.

Scale

  • Your total pool of customers determines your habitat. The larger the habitat, the 
  • greater the potential for wealth.
  • A business can be a singles or a home-run-based business. Its strength is determined by 
  • scale, which is derived by habitat.
  • The Fastlane wealth equation is disarmed when you violate the Commandment of Scale.
  • Scale is achieved in reach (units sold) and/or magnitude (unit profit).
  • The Law of Effection is the primary conduit to wealth, which can be road blocked by 
  • scale, magnitude, or source.
  • Effection consequences trickle up to owners and producers. Breaking scale or magnitude indirectly in an uncontrolled entity is not a guarantee of wealth.
  • To gain access to Effection, you have to break the barrier of scale or magnitude in an entity you control.
  • Scale, magnitude, or source deficiencies create governors on the speed of wealth creation
Time
  • A business attached to your time is a job.
  • A business that earns income exclusive of your time satisfies the Commandment of Time.
  • To satisfy the Commandment of Time, start with a business that uses a money system seedling, or introduce one.

SOMEONE IS DOING IT!You’ve got a great idea, but someone is already doing it? So what. Do it better.


Put the checkers away and play chess, where each chess piece represents a specific function within your business. How you play each function will determine if you build Fastlane speed or drift aimlessly. Those pieces are:• The King: Your execution• The Queen: Your marketing• The Bishop: Your customer service• The Knight: Your product• The Rook: Your people• The Pawn: Your ideas.


An idea is neurological flatulence. Execution makes it smell like a rose.

The 40 Fastlane Lifestyle Guidelines

I SHALL . . .

  • 1. Not dismiss “Get Rich Quick” as improbable.
  • 2. Not allow the Slowlane to bury my dreams.
  • 3. Not allow Slowlane prognosticators to contaminate my truth with their dogma.
  • 4. Not ordain the Slowlane as the plan, but let it be a part of the plan.
  • 5. Not sell my soul for a weekend.
  • 6. Not expect nor seek a chauffeur to wealth.
  • 7. Not trade my time for money.
  • 8. Not put time in control over my financial plan.
  • 9. Not forsake control over my financial plan.
  • 10. Not demote time as abundant and effervescent.
  • 11. Not assign faith to events, but to process.
  • 12. Not take advice from gurus who preach one roadmap, while getting rich using another.
  • 13. Not use compound interest for wealth, but for income.
  • 14. Not disrespect the passivity of a dollar.
  • 15. Not cease learning at graduation, but start it.
  • 16. Not impose the burdens of parasitic debt into my life.
  • 17. Not play on Team Consumer, but switch to Team Producer.
  • 18. Not dismiss the plausibility of my dreams.
  • 19. Not chase a path of money, but a path of need.
  • 20. Not fuel my motivation by love, but by passion.
  • 21. Not focus on my expenses, but on my income.
  • 22. Not pay myself last, but first.
  • 23. Not do what everyone does.
  • 24. Not trust everyone, but allow trust to be proven.
  • 25. Not relinquish control over my business.
  • 26. Not hitchhike, but seek to drive.
  • 27. Not operate within limited scales and in tiny habitats.
  • 28. Not dishonor the horsepower of my choices.
  • 29. Not swim as a guppy in a pool, but as a shark in the oceans.
  • 30. Not consume first, but produce first, and consume later.
  • 31. Not engage in barrier-free or entry-weak businesses.
  • 32. Not invest in other people’s brands, but in my own.
  • 33. Not give credence to ideas, but to execution.
  • 34. Not forsake my customer for other stakeholders.
  • 35. Not build a business, but a brand.
  • 36. Not focus my marketing messages on features, but benefits.
  • 37. Not be a polygamist opportunist: Focus!
  • 38. Not engage my business like checkers, but chess.
  • 39. Not live above my means, but seek to expand my means.
  • 40. Not live without the insurance of financial literacy.

Posted By Acombfosho at 11:18 PM

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Tags: Millionaire Fastlane


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