Showing posts with label poker. Show all posts
Showing posts with label poker. Show all posts

Wednesday, July 8, 2015

Phil Ivey poker book

The analysis of Phil Ivey poker playing style



"I'm a firm believer in learning the game by playing the game."  
                                                               -- Phil Ivey

Phil Ivey is rightfully considered as the most dangerous, most feared, and the best poker player in the world. Phil Ivey is universally recognized as the absolute best all-around poker player in the world.  No Limit Hold'em, Pot Limit Omaha, 7 Card Stud, 2-7 Draw Lowball, mixed games, H.O.R.S.E., ring games, heads-up, cash games, tournaments, online or live...  Phil Ivey is a master of all crafts.


Phil Ivey has won 10 World Series Of Poker bracelets,
World Poker Tour title
and appeared at 9 World Poker Tour final tables. 



World Series of Poker bracelets
YearTournamentPrize (US$/A$)
2000$2,500 Pot Limit Omaha$195,000
2002$2,500 7 Card Stud Hi/Lo$118,440
2002$2,000 S.H.O.E.$107,540
2002$1,500 7 Card Stud$132,000
2005$5,000 Pot Limit Omaha$635,603
2009$2,500 No-Limit 2-7 Draw Lowball$96,367
2009$2,500 Omaha Hi/Lo / 7 Card Stud Hi/Lo$220,538
2010$3,000 H.O.R.S.E.$329,840
2013AA$2,200 Mixed EventA$51,840
2014$1,500 Eight Game Mix$166,986
An "A" following a year denotes bracelet(s) won at the World Series of Poker Asia-Pacific

World Poker Tour Titles
YearTournamentPrize (US$)
2008$10,000 L.A. Poker Classic$1,596,100

Phil Ivey is also the best Fixed Limit Hold' Em poker player alive.



Further proofs: 

- Phil Ivey won $16,600,000 from billionaire banker and heads-up limit hold'em expert Andy Beal in 2006.  
- He won over two million dollars from Hoss_TBF, who many pros think is the best FL player.
- After facing Phil Ivey in a serie of FL heads-up matches, the German nosebleed high stakes online Limit Hold'Em specialist 'IHateJuice' Kagome Kagome declared: "Phil Ivey is the final boss in Fixed Limit heads-up" 

IHateJuice: "Phil Ivey is the final boss in Fixed Limit heads-up"


So analyzing the playing style of Phil Ivey is a necessity here, on the only serious website entirely dedicated to Heads-Up Fixed Limit Texas Hold' Em Poker.

Here are a few points to resume and explain the poker playing style of Phil Ivey.





Hyper-aggressive maniac


Phil Ivey playing style have been labelled as maniac by poker expert.  His style is hyper aggressive.  

Some criticizing his HULHE style. Read the following criticisms about his playing style that I've found all over the web: 

He makes a big fundamental mistake against them: he reraises quite a lot pre-flop out of position, from the big blind. Since his style is based on continuation bets automatically on the flop and turn, no matter what hits.... 
The German specialist never reraise the big blind pre-flop and always play position...
But he should practically never reraise against those dudes pre-flop, check the flop automatically, and reraise post flop if he likes the board / his cards, exactly like he plays HU Omaha 8 in the last few days (masterfully I might add). He will also get more value when he hits something. You rarely hit well in HU limit holdem, so it's basically a game of position.

Raising in the big blind with shitty hands like K4, Q9, A6, etc ? it will bring him nowhere, even if usually he has more than 50% pre-flop, never reraise pre-flop out of position...  Once he corrects this fault, his edge (over anyone) in feeling strength and weakness and value betting will allow him to beat them more often than not.

That is probably a profitable strategy against most players that are scared to create big pots all the time with marginal hands.

Phil Ivey is $100 Million rich off poker exclusively. So, he must do something good!

I will certainly not criticize the best poker player in the world. Nonetheless. it is always interesting to see what some "experts" have to see about him. By the way, reading their analysis was a good way for me to learn more about Phil Ivey's playing style.





Tilt Control / reverse hit-and-run

A maniac with tilt control.  Yes it is highly possible to be an hyper aggressive maniac and have tilt control.  Phil Ivey's aggression is , just as any successful aggros.  You can't be that successful just by being a raising lunatic.

This may surprise those who do not know it, but Phil Ivey is the king of “stop losses” online. Ivey refuses to play after losing a certain number of buy-ins which can be as low as two. This commitment to only playing when winning is a big part of why Ivey has been the number one earner in online poker history despite playing about 10% as much as players such as Dwan, Galfond, and CTS. Ivey does not succumb to tilt, he merely turns off the computer and comes back at a different time when he is more focused.




When asked about the "hit and run" strategy, Phil Ivey said: The only time I think this strategy makes sense, is in the “reverse hit and run”  Phil Ivey frequently used at the super high stakes heads up games at Full Tilt Poker. Whenever he would lose one buy-in, he would immediately sit out and end the session. Whenever he would win, he would keep playing for an entire session unless he ever ended up -1 buy in again. This let him book very large wins, but never large losses. He didn’t always stick to this plan though and I can point out a few obvious faults, but it sounds like a good way to avoid large tilt losses against the best players in the world at the highest stakes.

The important thing to note is Ivey leaves fairly quickly when he is having a losing session.  On the other hand, when hes winning, the opponent ends up playing a lot longer.  But most impressive thing about Ivey is, not only is he very good, he also has restraint to leave when he is losing. Especially since he has the biggest bankroll and therefore, it would be so much easier for him to continue playing.

Zero tilt factor for Ivey

On the flip side, Phil Ivey will ride out a winning session until he's too exhausted to continue. 

Phil Ivey's maxim is that if he's winning he won't leave the table until he has all of the chips or he is too exhausted to play any further.
http://www.pokerlistings.com/strategy/the-poker-lifestyle-will-it-wreck-you


Money / Bankroll 

As said on forums, playing any form of heads up against Phil Ivey is suicidal. He is like a casino in that he will never run out of money. 
He got the bankroll advantage over everybody. 




 
Phil Ivey earned over $13,800,000 in live tournaments which helped him build his mammoth poker bankroll. Some people have estimated that Phil Ivey is currently worth around 100 million $ with around 25-35 million dollars belonging to his poker bankroll. Phil Ivey have so much money that he once forgot he has 750000 dollars in chips stashed away in a casino.  This guy can’t be short of money.  $$$$$$$$$$$$$


Phil Ivey net worth = 100 Million bucks


Dedication / obsession = "10,000 hour principle"

Like any highly successful individual, Phil Ivey's success come with a price.  Read the following:



Phil first showed interest in poker at 8 years old when his grandfather used to play card games with him. His grandfather would cheat a lot to show the 8 year old Phillip the risks of the game and to discourage him from gambling. 

However, it had the opposite effect on Phil Ivey: he got more and more interested in the game of poker, and when he was in his early teens he had already decided that he would become a professional poker player. 

He started playing for cash in home games when he was 16. Two years later, despite the fact that he lived outside Atlantic City, he managed to get hold of a fake ID with the name Jerome Graham so that he could play in the casinos in Atlantic City. He was known as 'No Home Jerome' because he was frequently staying there and rarely went out. These were the times when he often lost a lot of money. Eventually, he improved his game and started getting better.

He has been a professional since he was in his early 20's, and won a bracelet in early 20's. So now he's been a pro for over a decade...

Plays at the Bellagio, for up to 24 hours straight, against the world's best players.

On top of that, he says he thinks about the game relentlessly, he thinks about the game before he goes to sleep, and when he wakes up in the morning.

He has always played a very loose style of play, so it gives him a lot of experience, since he knows almost every situation.

He still says that to this day, he is learning a lot about poker, and learned 5 new things during this years wsop main event, that has made him an even better player. He also says he spends time analyzing past hands.


But on top of that, he says that he can think well, and put himself in other people's position well. He knows how to play the situation and the people, and can successfully play a wide range of hands. He can accurately assess what other people are thinking, how they think they way they do, why they think that way etc.

He is an expert at all types of poker, from limit 7-card stud, to no limit holdem, so he certainly brings skills from one form of poker to the other (actually, none of his bracelets are in holdem).


HE said during an interview that he played practically everyday, 12 hrs a day for 5 yrs.

You can resume this point in one sentence.  
The "10,000 hour principle" = raw experience and pure volume of play. 

The "10,000 hour principle" is explained in the book Outliers by Malcolm Gladwell.


 



Perseverance

Phil Ivey wasn't always the best player in the world.  "The Tiger Wood of Poker" encontered hard beginning.  In fact, I know it seem unbelievable but Phil Ivey was a fish in his early poker days in Atlantic City.  He says in his interview(s) that he (and later with his wife Luciaetta) was so broke that his electricity was turned off at times because there where months he couldn't pay his bills.

Never forget this word.  Perseverance.



Overall

Someone (Joey2714) on the twoplustwo forum resumed the greatness and superiority of Ivey in a few words.

Zero tilt factor, incredible concentration and ability to pick up on and relentlessy punish opponents who show weakness.

On the same forum post: ...it's really about skill, with experience, with the ability to play loose aggressive, and be very accurate with his reads and betting patterns recognition. Controlling the situation, and knowing what to do in most situations. Fearlessness, and the willingness to risk his chips on bluffs if he can sense weakness. With all of his knowledge from all forms of poker, he has a lot of knowledge and experience to draw from.

Plus, he's probably very much a natural. 


Ivey gets MAXIMUM value out his his hands, and has an extraordinary ablility to put his opponent on a hand. Saving one big bet, or earning one extra big bet.

He seems to be paying attention to everything, absorbing every bit of information that the other players give him.





Once voted "most feared player" by readers of a national poker magazine.  The reason Phil Ivey is the scariest poker player in the world is because when he’s reading you, it seems like he’s looking into your soul. Not only is he looking into your soul, but he’s opening it up and observing and calculating every detail. You can’t bluff him or win big pots off him. It’s just not going to happen; he knows what you’re doing. 




Why is Phil Ivey so good?


a) strong work ethic and competitiveness
b) tons of experience (which naturally breeds skill)
c) doesn't tilt
d) doesn't fear losing money
e) his reputation induces fear into weaker players
 



Some people on online poker forum resumed his style as following.

Phil Ivey's HUHU strategy:

Step 1. Raise preflop in position
Step 2. C-bet on the flop 100%
Step 3. ???????
Step 4. Profit



Phil Ivey's HUHU FL HE strategy:

Step 1. Raise pre-flop in position

            Raise pre-flop in the big blind with (1:1)
            Ax, Kx, Q3s, Q6, J8, T7s, T9, 98s, 33+
Step 2. Continuation bet on the flop and turn 100% of the time
Step 3. Leaving after losing one buy-in

            Keep playing when winning
            



Why is Phil Ivey so good?


a) hyper aggressive
b) incredible focus and concentration
c) Phil's reads. Uncanny ability to detect and exploit opponents's weaknesses and betting patterns
d) zero tilt factor
e) intimidating and fearsome

f) unlimited bankroll







When you face Phil Ivey in Heads-Up Fixed Limit Hold' Em poker...
You going down!



http://www.thehendonmob.com/poker_tips/dont_read_this_tip
http://www.sitandgoplanet.com/multitable/mtt_strategy/Phil-Iveys-Tournament-Strategy.html

http://forumserver.twoplustwo.com/18/high-stakes-limit/would-phil-ivey-daniel-negreanu-underdog-stars-high-limit-holdem-cash-games-1137529/
http://webcache.googleusercontent.com/search?q=cache:DnaN8Y42Kq8J:www.highstakesdb.com/forum/PrintTopic552973.aspx+&cd=1&hl=en&ct=clnk&gl=ca
http://www.flopturnriver.com/poker-strategy/the-6-000-000-poker-player-19729
http://www.pokertrikz.com/videos/trikkur-19/
http://www.pokerbankrollblog.com/how-did-phil-ivey-build-his-poker-bankroll.htm
http://en.wikipedia.org/wiki/Phil_Ivey
http://forumserver.twoplustwo.com/15/poker-theory/why-phil-ivey-so-good-605849/

 http://www.poker-babes.com/bio/phil-ivey/
http://pokerroomreview.com/articles/7271-phil-ivey-king-of-poker/
http://www.pokerlistings.com/poker-hand-of-the-day_the-big-game-phil-ivey

http://www.partypoker.com/blog/featured/top-5-high-stakes-poker-players.html


Saturday, June 6, 2015

The Poker MBA

The Poker MBA: Winning in Business No Matter What Cards You're Dealt

 Greg Dinkin , Jeffrey Gitomer


Take a look at the amazon.com book description:

The world of poker is the real world. Risk and reward are measured every second of the game. The same is true in business. An MBA is a nice credential, but the first step to business success is knowing how to read others, when to bluff, and when to walk away—no matter how high the stakes. The same is true in poker.

In The Poker MBA poker professional and MBA Greg Dinkin and bestselling author Jeffrey Gitomer show you how to apply the skills acquired at the poker table to all levels of business. By using the principles outlined in this book, you will achieve an edge over your competition and learn skills that aren’t taught in a traditional business school program. Shrewd poker players and their business counterparts are not born that way—they learned their craft, and you can, too.

There is no better training ground for business than a poker game, where your ability to think strategically and make split-second decisions determines whether you cash out a winner. A world-champion poker player like Amarillo Slim and a world-class businessman like Bill Gates each possess the same set of skills. Both men are:

* Strategic thinkers
* Shrewd decision makers
* Adept at reading others
* Able to recover from a loss
* Good enough actors to “fake it” and win—they can bluff


Whether you are an intern, a department manager, a salesperson, an entrepreneur, or the CEO of a major company, basic poker skills can be used to add to your business success. By understanding winning poker strategy, you’ll learn how to read people, close deals, negotiate contracts, motivate employees, build a brand, create customer loyalty, and make day-to-day business decisions that will contribute to your bottom line.

The Poker MBA takes you inside the high-stakes world of poker to show that winning at poker and winning at business are one and the same. Through the lens of poker, readers will learn sophisticated concepts such as expected value, regression to the mean, and discounted cash flows—all in a format that is entertaining and easy to understand.
If you see things from the perspective of others, the odds will fall in your favor, and you will be a winner in the long run. This book shows you how to use the traits of a poker professional to become a better risk taker and decision maker in order to profit more in business.

A poker book? Sure.

A business book? Absolutely.

But more important, The Poker MBA is a money book. Read it and you will improve your ability to think and execute so that the odds stay in your favor and you leave the game a winner.


http://www.thepokermba.com/
http://www.thepokermba.com/pages/intro.html


Wednesday, June 3, 2015

Eric Grenier

Un personnage fascinant qui pretendait etre le Hugh Hefner du Quebec...

A shady businessman who pretended to be the Hugh Hefner of Quebec...







En moins bonne compagnie


Propriétaire du bar de danseuses Le Garage, à Mirabel, du magazine pour adultes Québec Érotique ainsi que de plusieurs salons de massage, Éric Grenier - le bum de la télésérie.


Éric Grenier est un homme d’affaires pas comme les autres. Originaire de Val-d’Or, en Abitibi, il s’est installé à Montréal il y a une dizaine d’années (2000). « J’ai d’abord ouvert un centre de jardinage, puis le club (de danseuses) Le Garage et des salons de massage. J’ai aussi fondé la revue Québec érotique », explique M. Grenier en entrevue. Le Garage est une boîte aux allures de discothèque et l’établissement peut accueillir 400 personnes.



Éric Grenier, qui se décrit comme un amateur de designers italiens, du soleil du Mexique, de bijoux, de femmes sexy et de tatouages, il porte également au cou une chaîne avec un médaillon frappé de l'inscription 666 en guise d'appui aux Hells Angels.

«Il ne porte pas de veston ni de cravate mais il affectionne les designers italiens, les bijoux, le soleil du Mexique, les femmes sexy et les “tattoos”»,

«Dans ce milieu-là, tu côtoies un paquet de monde. Si j'étais si proche que ça des motards, je serais en prison. Je suis encore en liberté, je suis un honnête citoyen et j'ai une montre de 100 000 $ dans le bras»,

 Produit par IDI, une compagnie appartenant à Anne-Marie Losique, Le bum, les belles et la brute se décline en six épisodes de 30 minutes qui détaillent le mode de vie extravagant d'Éric Grenier : virées en hélicoptère, lave-auto sexy et autres tournois de golf extrêmes. Le tout, sans tabous.


Au printemps 2010, Éric Grenier, qui est également propriétaire du magazine Québec Érotique et de plusieurs salons de massage, avait également fait les manchettes lorsqu’il s’était associé à un docu-réalité produit par Anne-Marie Losique et appelé Le bum, les belles et la brute.

Éric Grenier, qui porterait continuellement des breloques démontrant son appui aux Hells Angels, aurait des liens avec plusieurs hommes d’affaires des Basses-Laurentides, notamment à Terrebonne. Il est vu régulièrement aux galas de boxe et de combats extrêmes.

L’entreprise d’Éric Grenier emploie 100 personnes. « C’est beaucoup de monde à gérer, mais j’ai une bonne équipe avec moi », ajoute M. Grenier.


On Nov. 20, 2012, Grenier, who claims to be a professional poker player making $50,000 annually

The 41-year-old businessman admitted in a Quebec court that he paid no income tax despite owning five businesses.




La poursuite faisait valoir que Grenier avait joué un rôle de financier et de chef d'orchestre des importations, qu'il a été motivé par l'argent, «qu'il a opéré plusieurs entreprises rentables durant des années et qui pouvait gagner jusqu'à 50 000$ par année durant des tournois professionnels de poker».

Il déplorait la saisie de 20 kilos de cocaïne et précisait avoir perdu $500,000 qu'il avait investis pour l'achat de la drogue.




Les démêlés d’Éric Grenier avec la justice

Hiver 2010
Ses liens avec les Hells Angels sont révélés devant la Régie des alcools, des courses et des jeux, alors qu’on l’empêche d’acquérir un bar de la rue Sainte-Catherine.

10 juillet 2010
Dans un litige impliquant la revue Québec Érotique, le juge Pierre Nollet reproche à Éric Grenier de vivre «en marge de la loi». Grenier lui avait admis qu’il ne déclarait aucun revenu à l’impôt, malgré ses cinq entreprises. À lui seul, son magazine générait des revenus de 400 000 $ par an.

24 juillet 2011
Il est arrêté pour avoir menacé des patrouilleurs nautiques du Service de police de la Ville de Montréal dans une écluse entre les lacs Saint-Louis et des Deux-Montagnes. Il leur aurait dit qu’il «connaît du monde» dans le milieu criminel et qu’il n’y avait «rien de plus facile» que d’en trouver «pour moins de 100 $» afin de tabasser les policiers.
Novembre 2012

À la suite d’une enquête des policiers de la Drug Enforcement Administration (DEA) américaine, il est arrêté au Pérou, où il participe à un tournoi de poker, afin d’être extradé à New York pour y avoir comploté l’importation de 20 kg de cocaïne. Il est reconnu coupable en mars 2014.

Juillet 2014
Un homme d’affaires de Terrebonne a tenté de réclamer 286 623 $ pour un bateau abîmé au lac des Deux-Montagnes. La réclamation lui a été refusée puisqu’il ne servait que de prête-nom: le vrai propriétaire de l’embarcation est Éric Grenier, a conclu le juge François Duprat.




Mon Verdict / My two cents

Un gars devenu riche (en tout cas en apparence) a partir de rien. Quoiqu'un sejour en prison (enfer) au Perou, ca n'a pas de prix!


It's all about the Money! But don't mess with the law!



Monday, November 3, 2014

Perfect Heads-Up Limit Hold' Em Strategy part 1

STUDYING THE STRATEGIES OF THE FOUR ALL-TIME BEST HULHE PLAYERS, MAN OR MACHINE, TO CREATE YOUR OWN


The best way to find the Perfect Heads-Up Fixed Limit Hold' Em Strategy is to study the strategies used by the great ones.  For me the greats in HULHE are two humans plus two machines.  My two human players are Phil Ivey and Andy Beal.  My two poker bots are Polaris and Texas Hold ‘Em Heads Up Poker.  I will try to enter the brain of those four world-class experts to find and analyze their winning strategies.





Phil Ivey's HUHU FL HE strategy:

Step 1. Raise pre-flop in position

Raise pre-flop in the big blind with (1:1)
Ax, Kx, Q3s, Q6, J8, T7s, T9, 98s, 33+
Step 2. Continuation bet on the flop and turn 100% of the time
Step 3. Leaving after losing one buy-in

Keep playing when winning

Why is Phil Ivey so good?
a) hyper aggressive
b) incredible focus and concentration
c) uncanny ability to detect and exploit opponents's weaknesses and betting patterns
d) zero tilt factor
e) intimidating and fearsome reputation
f) unlimited bankroll





Andy Beal High Stakes Heads-Up Limit Hold' Em strategy
Step 1. Play nearly every hands
Raise (most of the time) every pot he enters
Step 2. Check-call all the way down to the river with any A-high hand
8-bets the turn with two pair
Step 3. Obsession with preventing tells

Why is Andy Beal so good?
a) Obsession
b) Specialization
c) Mathematical approach
d) High stakes
e) Ultra-aggressive
f) Impossible to read




Andy Beal in Rounders 2



Billionaire banker Andy Beal in Rounders 2?


Speaking of Matt Damon.  He was excellent in Team America!  Seriously, if they were to make a rounders 2, I think the climactic scene would be Matt building up enough bankroll to sit in the big game with the likes of Doyle, Greenstein, Negreanu, Ivey, etc.  If he were to have a heads up battle for the finale, it would have to be against someone who can look the bad guy.  I mean Negreanu would be intimidating, but he's too likable.  Maybe, Ivey since he's quiet and stone cold.  Ohhh even better (just got so many ideas flying here). 

How about Andy Beal or an Andy beal type to play heads up.   They would have to change some facts though but I can hear Mike McDermont in the background saying something like this.  "Sure, I'm a winning Poker player.  I've won some big tournies and done well at the cash games, but there's one game and one man that I haven't beaten.  His name is Andy Beal, a billionare banker from Texas.  He came to vegas ten years ago to try to beat the pros.  His idea was to set the limits so high that he could intimidate the pros and win.  Unfortunately for Andy the pros or the corporation were not intimidated and took millions from him.  Andy, though stating several times he was done with poker, was relentless.  He read books, studied the game, set up a staff to run numbers, calculate odds, and help his play.  Andy is very analytical and dedicated. He built his fortune from nothing.  He was determined to be the best and after years of refining his skills at High Limit Texas Hold em' he became just that.  He came to Vegas a couple of years ago and cleaned the pros out. It's rumored that he took 50 million from the corporation. Some say a hundred million.  A few pros were completely broke after this.  People say Beal completely dominated anyone they sat in front of him.  His style was untouchable and his skill was overwhelming.  Andy will only play $150k/$300k Limit Holdem.  Needless to say, no pro will play him.  Well, no pro until now.  I'm lucky enough to have backers that believe in me.  I'm about to play in the richest poker game that's ever been played.  Where millions of dollars swing back and forth from one hand to the next.  Six days, sixty hours.  By Friday, I will have lost everything, completely broke or...  I will be the richest pro to ever play the game.  This man is said to be unbeatable, even by the best to ever play the game.  Am I committing financial suicide, or am I what I truly feel I am... the best" or something like that...heh


Very interesting story posted 26 February 2006 by Fanatikk on the fullcontactpoker forum.  With a scenario like that, Rounders 2 would be even better than the original Rounders.
http://www.fullcontactpoker.com/poker-forum/index.php?showtopic=51657


Originally published in: http://www.heads-up-fixed-limit-texas-hold-em-poker.com/2013/10/andy-beal-in-rounders-2.html