09-26-2001, 05:31 PM
Why do some tournaments change the blind structure (giving the button the small blind) when play gets down to the final two players?
Can anyone explain the logic for this, or tell me how it came to be common practice? Did the first WSoP tournaments use this format?
I haven't given it a lot of thought, but on the surface the idea seems to be cracked. I believe it gives the button an even bigger advantage than regular two-player blinds, creating a large imbalance in strategy.
First, I would argue that the small blind button should never fold. All else being equal, any two card hand should be willing to call for 3:1 pot odds (this is easily verified with roll-out simulations). Having the positional advantage in all subsequent betting rounds only reinforces this point. It seems reasonable that the button should always at least call, and should often raise. In fact, with position, raising any +EV hand is a reasonable guideline.
After a button raise, the out-of-position big blind has a difficult situation. Calling with a probable drawing hand isn't much fun when you have to lead off immediately after the flop. In a recent no-limit tournament, I would have liked to see a few speculative flops, on the chance of maybe out-playing my opponent after the flop. However, I didn't feel I could call a pre-flop raise with a hand like 65o when I'd have to play it up front.
Here's another way of looking at it. One player will blind one chip, the other two. This is the same as a one-chip ante for each player (this is dead money), plus one blind of one chip. Now who should have to put in this blind bet? It is generally a bad thing to have to blind (-EV), and generally good to have the button (+EV). For balance, it seems to me that the dealer should be the one to put in the blind.
If nothing else, the reverse blinds are effectively a lot bigger than the normal structure, because the first player must invest (and often surrender) the big blind amount, instead of half that. This means there's less maneuvering room for playing poker, and the result is more of a crapshoot.
Another point in favour of not reversing the blinds when heads-up is that it messes up the rotation at a critical stage of the tournament, giving someone an unfair disadvantage.
- Darse.
Can anyone explain the logic for this, or tell me how it came to be common practice? Did the first WSoP tournaments use this format?
I haven't given it a lot of thought, but on the surface the idea seems to be cracked. I believe it gives the button an even bigger advantage than regular two-player blinds, creating a large imbalance in strategy.
First, I would argue that the small blind button should never fold. All else being equal, any two card hand should be willing to call for 3:1 pot odds (this is easily verified with roll-out simulations). Having the positional advantage in all subsequent betting rounds only reinforces this point. It seems reasonable that the button should always at least call, and should often raise. In fact, with position, raising any +EV hand is a reasonable guideline.
After a button raise, the out-of-position big blind has a difficult situation. Calling with a probable drawing hand isn't much fun when you have to lead off immediately after the flop. In a recent no-limit tournament, I would have liked to see a few speculative flops, on the chance of maybe out-playing my opponent after the flop. However, I didn't feel I could call a pre-flop raise with a hand like 65o when I'd have to play it up front.
Here's another way of looking at it. One player will blind one chip, the other two. This is the same as a one-chip ante for each player (this is dead money), plus one blind of one chip. Now who should have to put in this blind bet? It is generally a bad thing to have to blind (-EV), and generally good to have the button (+EV). For balance, it seems to me that the dealer should be the one to put in the blind.
If nothing else, the reverse blinds are effectively a lot bigger than the normal structure, because the first player must invest (and often surrender) the big blind amount, instead of half that. This means there's less maneuvering room for playing poker, and the result is more of a crapshoot.
Another point in favour of not reversing the blinds when heads-up is that it messes up the rotation at a critical stage of the tournament, giving someone an unfair disadvantage.
- Darse.