Hi
Since the last letter I've pretty much been grinding solidly online. After a few
weeks off for Vegas I was keen to make up for lost time. It's been going pretty
well which always makes it easier to put in the long hours.
My only live
outing was a brief one in the Fitzwilliam End of Month game. The hand that did
the damage was a cooler (or so I thought) where I ran a house into quads. The
hand provoked some interesting comments questions and debate about how I played
the hand after and whether it actually was a cooler, so I'll look at my reasons
for playing the hand as I did in next week's strategy section.
In the
last letter I explained the mathematical perspective of what hands can be
profitably shoved from different positions when short stacked, and how it
depends on what hands will call you. Up to a few years ago it wasn't widely
known that optimal strategy when short in a tournament was to shove a wide range
of hands. As a result most people called these shoves way too tight, which of
course made the range of hands that could be profitably shoved very wide (since
the shove got through so often). Then as this strategy became more widely known
people started calling a lot wider. This meant that the hands that could be
shoved profitably shrunk. As the hands that are being shoved changes, the hands
that are profitable calls also changes, which again changes the hands that are
profitable shoves, and so on. The end point of this cycle is reached iteratively
when the hands being shoved are the optimal ones, and this range of hands is
known to the potential callers who can then call correctly. This endpoint is
referred to in game theory as Nash Equilibrium. Nash refers to the famous game
theory mathematician (the subject of the major film A Beautiful Mind) who
pioneered the concept, while Equilibrium refers to the fact that an equilibrium
point has been reached where both the shover and the caller know each other
ranges and what hands they can profitably shove or call with. Any divergence on
either side from Nash Equilibrium will be unprofitable in the long term. As a
result the game now as played at the upper levels among top class mtt players
online features everyone pretty much sticking to Nash Equilibrium when the
stacks shrink relative to the blinds.
On the promotions front, don't miss our fantastic new promotions starting this month. To start the
autumn off right, Irish Eyes Poker is offering players a chance to win a MacBook
Air or the new iPad in September. Every player
has a chance to win! Players can get their hands on this prized notebook by
winning the "Sunday Tournamania" or by being a leader in the "Sit & Go
Promotion" four times in a row.
As an extra incentive to ante up, Irish
Eyes Poker offers five trips to the European Masters of Poker (EMOP) tournament
in Dublin in our Iron Man tournaments where players have a chance to win a
travel package worth €2,000. See below for details.
SUNDAY
TOURNAMANIA
During September, the Sunday Special €10,000
guarantee tournament offers the top three winners a MacBook Air or an iPad 4G in
addition to the regular prizes.
2012-09-02 (Sunday) 19:25 CET - Sunday
Special €10k (+Extras)
2012-09-09 (Sunday) 19:25 CET - Sunday Special €10k
(+Extras)
2012-09-16 (Sunday) 19:25 CET - Sunday Special €10k
(+Extras)
2012-09-23 (Sunday) 19:25 CET - Sunday Special €10k
(+Extras)
2012-09-30 (Sunday) 19:25 CET - Sunday Special €10k
(+Extras)
1. Apple MacBook Air 11" Core i5 1.7 GHz 64 GB SSD
2. New
iPad 4G 16GB White
3. New iPad 4G 16GB White
The buy-in is €25 and
6,000 in starting chips.
To claim a prize, send an e-mail with the
following information to promo@igt.com no later than Sunday, 30 September:
- Subject: "Sunday Tournamania claim"
- Poker nickname
- Full home
address
FOUR THE WIN! - SIT & GO PROMOTION
Win
four Super Turbo Sit & Go tournaments in a row on the same level and win an
Apple MacBook Air (11" Core i5 1.7 GHz 64 GB SSD) or a cash prize!
Sit
& Go's qualifying for this promotion are marked (PROMO) in the
lobby.
Super Turbo Sit & Go (PROMO) Hold'em NL €10+1 MacBook AIR
11"
Super Turbo Sit & Go (PROMO) Hold'em NL €2+0.2 €300
Please
note that the collation of tournaments is determined by time of registration. To
claim a prize, send an e-mail with the following information to promo@igt.com no
later than Sunday, 30 September:
- Subject "Four the Win claim"
-
Tournament ID of the first Sit & Go in the series (in the poker lobby under
Account Information/Last Transactions)
- Poker nickname
IRON
MAN DUBLIN PROMOTIONS (€10,000)
Compete in the Iron Man
Promotions for your chance to win a travel package to EMOP Dublin worth €2,000.
Each package consists of a tournament buy-in of €1,100, fours nights'
accommodation, and a €350 travel bonus, which is credited to the winners' poker
account.
VIP points are calculated from 1 September, 00:00 CET until the
start of each freeroll. Only one package per person can be won.
Iron Man
EMOP Dublin 1 VIP 1 1st September 19.15
Iron Man EMOP Dublin 2 VIP 50 9th
September 19.15
Iron Man EMOP Dublin 3 VIP 100 19th September
19.15
Iron Man EMOP Dublin 4 VIP 250 23rd September 19.15
Iron Man
EMOP Dublin 5 VIP 500 27th September 19.15
News on Seat Only EMOP
Dublin satellites will be published shortly.
Don't forget to 'Like' our Team Irish Eyes Poker page on Facebook and you can
get the password to the Weekly Facebook €100 Freeroll every Wednesday night.
Best of luck at the tables - unless I'm at the same table.
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