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Nate tha' Great
09-10-2004, 05:22 PM
I don't know if this is just a Chicago thing or what, because I don't remember seeing it so frequently when I played out in Vegas a couple of months back, but a lot of folks at my cardroom have a habit of buying in for an amount that is woefully inadequate for the game that they're playing in. If this comes from some newbie that has migrated up from the blackjack tables or what have you, obviously I don't mind it so much, and am happy to have whatever money they want to bring into the game.

What's weird, though, is there is a certain contingent of folks who favor a small buy-in but are regulars who are there every time that I go to the cardroom. I have seen these folks bust out and leave the table. I have also seen them bust out and pull out a wad of $100s from their pocket and rebuy, sometimes after playing for quite a while with a stack that will force them all-in with any sort of significant pot.

What's up with this? Is this a telltale sign of a gambling addict? Is it some sort of angle-shoot, since it can be an advantage to play shortstacked?

BruceInCA
09-10-2004, 05:42 PM
I think it's simply a sign of a bad player. I saw this constantly last night at Bay 101. People we're buying into the $3-$6 with $40 or $60. Very strange.

(Course I also saw people who wouldn't raise the river with the nuts. Then there was the guy to my left playing 100% of his hands. Chips plee!)

--
Bruce

kleinstadt1
09-10-2004, 05:59 PM
When/how is it an advantage to play short-stacked?

PokerSlut
09-10-2004, 06:14 PM
[ QUOTE ]
When/how is it an advantage to play short-stacked?

[/ QUOTE ]
Say you have a marginal hand, one that is probably behind your opponent, but has some decent outs like a flush draw with a gutshot. By going all-in, you are giving yourself significantly better odds of making your hand and winning the pot than if you have to play it "correctly". And, the earlier you can go all-in with that hand, the better.

Sklansky discusses this aspect of all-in play in HFAP I believe.

ChicagoTroy
09-10-2004, 06:15 PM
It's a Chicago thing and a bad player thing, I beleive. People don't know better, they see others do it, so they do the same thing.

Dante
09-10-2004, 06:43 PM
Yah, I see this all the time at Trump (Indiana, right near Chicago) and at all levels too - people buying into the $10-20 game for $200 or less. It seems real common at the NL game - in general, out of the 10 people, 2-3 will buy-in for the minimum $200, 2-3 will buy-in for $1000 or so and the rest buy $300-$500. And the ones who buy-in for $200 never win and they always go into their pocket for more. Even some of the $3-6 players will buyin for a rack of white, not realizing it's not even 17 big bets.....

Al_Capone_Junior
09-10-2004, 06:50 PM
It's the telltale sign of a moron with no clue. Mark them down "moron" in your notes. They may be loose, they may be tight, but they are certainly WEAK and also CLUELESS.

al

mmcd
09-10-2004, 07:10 PM
I've seen it a bit at foxwoods. Some of the regular/semi-regular fish will may make multiple 400 minimumum buy-ins. I have no idea why people would do that, but if you see it, I think its good indication that they probably suck.

MoreWineII
09-10-2004, 07:58 PM
I see people short-buy for $20 frequently (3/6, 4/8).

TobDog
09-10-2004, 08:19 PM
Not a Chicago thing, I see people buying in with the minimum all the time, all-in, rebuy minimum. Often these "rocket scientists" will end up buying at least a rack oftem more like 2 in small buy-ins. Of course you know that when one of these individuals gets on a hot streak, one of two things will happen. 1. Gives it all back. or 2. hit n run baby! I saw a guy make a $10 short buy in a 2-4 game at San Manuel a few years ago and hit a little rush to around $300 in less than 30 minutes, of course he left.

Sponger15SB
09-10-2004, 10:10 PM
I saw a guy burn through $200 in $20 increments at $2/4 one time, it was the weirdest thing i've ever seen. its like dude just buy in for $100 2x or something so you don't have to keep on going all in and creating side pots all the damn time.

Evan
09-10-2004, 10:12 PM
I see it a lot in the NYC 1/2 NL games. People rourinely buy in for 50-100, bust out, then rebuy for 250 (the max around here). I don't why, but it's almost always a sure sign that they're awful.

TomCollins
09-11-2004, 02:58 AM
I saw some kid buy in for $5 at a $10 minimum blackjack table. That was funny.

TimM
09-11-2004, 01:16 PM
[ QUOTE ]
I've seen it a bit at foxwoods. Some of the regular/semi-regular fish will may make multiple 400 minimumum buy-ins.

[/ QUOTE ]

I was told that at 500, the dealer has to call the floor to check it. I saw one dealer hold up the game because he couldn't get floor attention, while another in the same situation just pretended someone saw it.

mmcd
09-11-2004, 03:01 PM
Thats true, but instead of showing up to the game with 2 racks from the cage (the default IMO), these guys will just come to the table and buy in for the 400 minimum. ALso, some dealers don't even bother calling the floor over and will sell 800-1000 in chips. I'm personnally not a big fan of buying in to the game from the table beccause the constant fills waste a lot of time. Theres nothing worse than being at a table with an empty chip tray, and having to take 20s from the guy next to you every time he wants to put a bet in because he is one of these minbuy types. If he had 100s I'd tolerate it, but 20s, that just irks me.

sucka
09-11-2004, 03:54 PM
[ QUOTE ]
[ QUOTE ]
When/how is it an advantage to play short-stacked?

[/ QUOTE ]
Say you have a marginal hand, one that is probably behind your opponent, but has some decent outs like a flush draw with a gutshot. By going all-in, you are giving yourself significantly better odds of making your hand and winning the pot than if you have to play it "correctly". And, the earlier you can go all-in with that hand, the better.

Sklansky discusses this aspect of all-in play in HFAP I believe.

[/ QUOTE ]

While there may some credence to this, with regards to the math - the whole idea of playing consistently shortstacked is asanine.

First off, you aren't a moron who is going to be playing longshot hands every time. The majority of time, you are going to be in the pot (at least past the flop) with the best hand - or a draw to the best hand and you WANT a stack in front of you.

I best saw this concept applied in Lake Charles where I was playing at a table with a nice kid who was up with his friends from Texas A&M. He loses a pretty big pot and gets down to about $15 in front of him. I ask him if he's going to continue playing and he says, "Yes". I ask him if he's going to rebuy and he says, "No, I can win it back..." with a smile.

About 3 hands later - he flops a small straight flush and is all in for $3 on the flop. Meanwhile, one of his opponents had flopped the Ace high flush and when a fourth spade falls on the river - the king high flush comes to life.

So, the guy lost out on about $80 bucks.

If you suck, yeah, get your money in before on the flop and then let implied odds take care of the rest.

If you are 'good' - then playing short stacked is moronic.

chesspain
09-11-2004, 04:30 PM
[ QUOTE ]
When/how is it an advantage to play short-stacked?

[/ QUOTE ]

I believe it was Mason who opined that at least for 7CS, a player who could be all-in every hand for the antes alone would likely be the biggest winner in the long run, since he would always receive seven cards.

MaqEvil
09-11-2004, 04:50 PM
At the place I usually play, at the last table, there's a constant cycle of bad, dumb high school kids buying in for 30 bucks in a 3/6 game, busting and being replaced by another.