UltimateBet Blog

Focused on Bankroll

Saturday, January 3, 2009 - Contender

I focused primarily on live, No Limit ring games with Phil. I haven’t played much live. Perhaps my biggest weakness has been not picking up information visually at the live games. Phil gave me some suggestions to follow in live games, which I believe are going to help me. His advice was different, and easier for me to comprehend than much of the advise on utilizing visual stimuli in the popular poker books.

Phil’s approach to bankroll management and how much to buy in for at a table is different than many successful players. He advised me that protecting the bankroll is perhaps most important, and that it is not necessary to buy in for the maximum amount. I agree with this more conservative approach.

Phil has a reputation of sometimes losing focus and going on tilt. If this is true, it would only be for the very short term. However, for the long term, his record indicates, that he is generally extremely well focused, prepared, and consistent. Almost two decades of consistently being one of the very best would appear to make him the most successful tournament player of the past twenty years. A few players have had great success for a period of a few years, but few, if any players have been able to be as consistently successful as Phil. For example, as well as Daniel Negreanu, a poker player I admire, is currently playing, it will be a great challenge for him to maintain his focus for two decades and to continue to play at a very high level.

I knew I would enjoy meeting Phil, but the lesson was much more productive than I expected it could be for one telephone session. Of course, in one lesson, I couldn’t be taught how to play poker, but his advice and general approach to poker was very helpful to me, particularly for live play.

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You’re Making a List, You’re Checking it Twice

Sunday, December 21, 2008 - Gene Bromberg

Christmas is just around the corner and if you haven’t finished your shopping yet, you’ve got problems. Even with the economy…sputtering a bit, the malls are still crowded and the good parking spots taken before you even stagger out of bed. About ten years ago everyone in my family decided that what we wanted for Christmas…was not having to shop. Once we reached that consensus the holidays became SO much more festive. Not having to decide if my Mom would rather throw away a pair of too-small slippers or a too-big sweater dramatically increases my jollity at this stressful time of year.

But this is the Season of Giving, as years of ruthless indoctrination have instructed us, and at some point you may be forced to to exchange gifts with your fellow man. If your fellow man happens to be a poker player I have a few gift ideas to pass along that will delight even the Scroogiest:

  • Just about every serious player has a few poker books on the shelf, but chances are these are instructional tomes that, useful as they might be, aren’t especially entertaining. But there are a number of fantastic books out there that every player should read, starting with The Biggest Game in Town by A. Alvarez and Big Deal by Anthony Holden. Written by two British literary lions, these books describe the poker world as it was in prehistoric times (twenty-five years ago), populated by leatherassed cowboys and smooth-talking hucksters plying their trade in smoky rooms on the bad part of town. Holden returned to the WSOP in 2005 and wrote Bigger Deal, about how the game has changed since those romantic times. Romance can, of course, have a darker tinge, and if you think that might appeal then add to your list One of a Kind, Nolan Dalla and Peter Alson’s biography of the ill-fated savant Stu Unger. Or if you think dollar signs will get your target’s attention, then The Professor, the Banker and the Suicide King, Michael Craig’s book about the biggest poker game of all time, would be an excellent choice.
  • There are times when you have to break the bank and splash some cash. Maybe the person you’re buying for once pulled you out of a burning building. Or they’ve just (or are about to) become your father-in-law and you need to impress. If you don’t mind dipping into your savings and the lucky duck you’re buying for plays a lot of live poker, then I heartily recommend Bose noise-canceling headphones. Your typical cardroom is filled with distracting background noise–the clatter of chips, muffled chatter coming from the rail, televisions bleating away–and noise-canceling headphones gently erases all that racket. You’ll still be able to hear the talk at your table, but you’ll feel like you’re wrapped in a cocoon of blissful silence. It’s amazing how much mental energy you exert dealing with superfluous noise, your head jerking around and eyes darting to identify odd shouts and thuds and crashes. Your focus will remain where it should–on your table and on your opponents. And the next time that person flies somewhere, upon their return you will be showered with thanks as they describes how delightful air travel is without listening to the maddenling drone of jet engines. You will be a superstar. And that’s the true meaning of Christmas, right?
  • It’s become perfectly acceptable to give gift cards as Christmas presents but forking over cash is still verboten. People want to see that you’ve made SOME effort at getting them a gift, and standing in line at Old Navy for ten minutes is several notches higher on the Grinchometer than reaching in your wallet and handing over a couple of crumpled twenties. But if you’re considering a gift for a poker player, cash is an EXCELLENT gift. Remember, to the poker player money is just a tool, it’s the equipment we need to ply our trade. You wouldn’t feel funny giving a friend interested in carpentry a really nice hammer, would you? Of course not. So giving a poker player some ammunition can be a most welcome gift. If handing over a fistful of dollars still seems a bit crass, why not transfer some money to his online account? Or present a gift card that’s good for a tournament buy-in at your local casino? Maybe even get a big group of friends/family together to chip in for a $1,500 WSOP seat? Often the best Christmas presents are those that the person really wants, but would never buy for themself. Fulfilling someone’s lifelong dream to play in the World Series of Poker could make it a Christmas they’ll never forget. Just make sure you keep a piece of the action.

Poker used to be a part of my family’s Christmas Eve celebration, once we’d eaten dinner and the dishes were cleared my dad and granfather and uncles would gather around the dining room table and play a bit, with me and my cousins peeking at the cards and staring at amazement at all those nickels and dimes. We don’t play at Christmas anymore, it seems like everyone has to run all over creation to visit other relatives, but Christmas Eve we’re going to hash out the details for our next family poker game. It doesn’t always take the holidays to get the family together. Sometimes all it takes is a poker game.

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