Winning play at low-stakes at Texas Hold’Em
Monday, September 6th, 2010At the lower levels of no-limit Texas Hold’em then I often find that most of the players play conventional poker all the time. Now before I go any further then I have to say that there is absolutely nothing wrong in this. In Texas Holdem poker if you strictly played conventional ABC stuff all the time then you would do very well at the lower levels. But I do feel that the regulars at this level and in regulars I am talking about winning players then there is a strong tendency to play poker on automatic pilot. I think that many winning players are winning players at the low levels through playing simple good patient technique and multi-tabling and collecting rakeback and other bonuses. Whenever I play at the low levels then I try and take advantage of these players and I tend to look for opportunities rather than hands as I find that it is more profitable to play in this way. What I find at the lower levels is that players tend to play more tables and while this tends to tighten their ranges, it also tends to make their play more automatic as well. What you have to remember is that winning regulars at levels like NL50 and below are not winning because they are very good players although a tiny percentage of them are. They are winning because they are quite good technically and have a good sense of where they stand post flop. If you add to that rakeback, poker bonuses and such and mix in some good strong disciplined play then you have the makings of a good winning poker player. But if you looked at their earn rate over say 250,000 hands then you may see something like 3ptbb/100 which is good (any positive earn rate is good) but yet it is far from crushing. I think that to really crush a level then you need to think outside the box so to speak and you also have to accept higher variance. I think that higher variance and bigger bankrolls are a given if you want to really crush a level. You will make money by solid play just from the weaker players at the level but to really crush a level requires you to be mentally willing to accept losing entire buy-ins where previously you have kept everything under strict control. The really strong players at any level have far higher earn rates simply because they are accepting higher variance and their play is far more aggressive. The low-stakes grinders will have a totally different agenda and bankroll size and so will be happy with a far smaller earn rate and lower variance. However I feel that playing really tightly and simply waiting for your opponents to make mistakes while being a winning style is not one that is conducive to moving up. The reasons behind this are clear when you look at how certain players make mistakes at levels like NL50 compared to a level like NL100 or NL200.