OLBG S.H.O.E. Tournament 02/04/2008 Round 3

jwoody

PLEASE READ BELOW:

NEW RULE: In order to play the OLBG S.H.O.E. Tournaments, you must first be a registered OLBG member, you are not allowed to join the tournaments until you are a registered member of OLBG. Anyone found to be listed as registered for the current tournament without having registered with OLBG first will be removed from the tournament immediately

Distribution of the password to non OLBG members is not allowed and will effect your ability to join future tournaments.

TO ALL 1ST TIME PLAYERS:

I must demand that you post your Ladbrokes Poker username on the latest OLBG S.H.O.E. thread before buying into your first tournament.

I cannot stress this enough. Failure to comply with this reasonable request will effect your ability to join future tournaments. This is the first of five threads in a series.

Registration is open for Tuesdays tournament, please support this worthy cause

Same format as before:

Venue: Ladbrokes Poker.com
Start Time: Wednesday 2nd April 2008, 8:35pm
Game Type: Omaha Hi Pot Limit
Tournament Type: Multi Table Tournament
Tournament Name: OLBG SHOE RD3
Tournament Password: To Be Announced...
Max Players: 200
Buy in: $3 +$.30
Prize Pool: Increases as people join

PRIZE PAYOUT:
This is determined by how many people enter:

1-30 people = 1st-3rd share money
31-50 people = 1st-5th
51-150 people = 1st-10th
151-200 people = 1st-20th

HOW DO I JOIN?:

To join in you must first have a real money Ladbrokes Poker.com account. It's very easy to set up:

Just go to http://www.Ladbrokes Poker.com/
Click the big "DOWNLOAD NOW" button
Once Downloaded, double click the "Ladbrokes.exe"
The rest is straight forward.
(Have credit/debit card details ready)

WHERE CAN I FIND THE TOURNAMENT?:

Once logged into Ladbrokes Poker.com, simply click the PRIVATE tab, then look for the table named "OLBG SHOE RD3", you will need $3.30 to enter.

CAN WE HELP?

All I would ask:

Once you buy in, post a reply on the weekly thread stating your Ladbrokes poker name.
I will collect them up, and add them to the "OLBG List of Players" thread.

POKER RULES & ETIQUETTE:

Please take some time to familiarise yourself with the rules and etiquette of online poker, below are a few useful resources:

http://www.Ladbrokes.com (Click on Poker Help)
http://www.pokercoach.us/RobsPkrRulesHome.htm
http://www.texasholdem-poker.com/poker_etiquette.php
http://www.planetpoker.com/integrity/etiquette.asp

Comments always welcomed.
_________________
Don't worry, we've got Neil Warnock!

RIk_2502 · Posted: Thu Mar 27, 2008 3:36 pm Post subject:

Well round 2 is now out the way and an even 10 contenders took part making a cosy final table. Burfoot took the title with his 2nd cash in 2 tournaments, well played sir!

Final Standings for FL Hold em:

1st - Burfoot $15 - 13 points (10 + 3 bonus)
2nd - Aces-Jones $9 - 11 points (9 + 2 bonus)
3rd - gruffe $6 - 9 points (8 + 1 bonus)
4th - Bonak_Shed - 7 points
5th - rik_2502 - 6 points
6th - Amy01 - 5 points
7th - rounderj10 - 4 points
8th - gutshot_1 - 3 points
9th - jwoodywoody - 2 points
10th - tigergambit - 1 point

So the points after leg 2 look like this:

1st - Burfoot 23 (3rd/1st)
2nd - Bonak_Shed 21 (1st/4th)
3rd - Aces-Jones 17 (6th/2nd)
4th - gruffe 16 (5th/3rd)
5th - jwoodywoody 14 (2nd/9th)
6th - rik_2502 11 (7th/5th)
7th - Amy01 9 (8th/6th)
8th - Hollywood-6 8 (4th/DNP)
9th - rounderj10 5 (11th/7th)
10th - tigergambit 3 (10th/10th)
10th - FOZY 3 (9th/DNP)
10th - gutshot_1 3 (DNP/8th)

Italics denote finishing positions in each leg. (rd1/rd2).

Next up is some fixed limit Omaha so get your thinking caps on you have 6 days to hone your skills in this cracking (personal opinion) variation.

Good luck all.
_________________
If you try to fail, and succeed, which have you done?

OLBG Poker 2007 SHOE Champion!
3rd All Time OLBG Poker Player!
OLBG Poker Hall of Famer!

Inside Edge Magazine's Poker God 1 Runner Up
Inside Edge Magazine's Poker God 2 Grand Finalist

RIk_2502 · Posted: Thu Mar 27, 2008 3:39 pm Post subject:

Taken from OLBG's sister site: http://wiki.gamblersword.com/wiki-Omaha+Overview
See also rules: http://wiki.gamblersword.com/wiki-Rules+of+Omaha

History of Omaha
Very little is known for sure about the exact origins of Omaha. It is a variant of Texas Hold'em, infact it is also known as Omaha Hold'em. Omaha was introduced to the Las Vegas casinos in 1982 and was well recieved by the regular Hold'em players, for many years it was the game of choice among the top players in Europe. Although Texas Hold'em has captured the market somewhat, Omaha remains the second most popular poker variant played today.

Understanding Omaha
Omaha is considerably slower than Texas Hold'em, dealing half as many hands per hour typically. Despite this, there is more action in an Omaha game which in turn means the pots are larger. Patience is a must; it is a myth that you play more hands in Omaha than Texas Hold'em. Tight aggressive poker can be a rewarding approach to this game as it takes a stronger hand to win in Omaha; a typical winning hand would be 3 of a kind or better more often than not and usually a straight, flush or full house.

Omaha is more about playing patient poker, waiting for a monster draw or a very strong made hand and then betting it aggressively. There is'nt as much finesse as Texas Hold'em and far less opportunity for creative post flop play. The main benefits are that you can win more money per hour than Hold'em typically, and with less variance once a decent level of proficiency can be achieved.

Another contributing factor to why there is currently a good opportunity to profit from Omaha is that the competency of the majority of players is generally lower than with Texas Hold'em players, thus there is a greater opportunity to hold an advantage in this area. A more skilled Omaha player may hold a bigger advantage, although this could change as more and more Texas Hold'em players make the transition over to Omaha.

Omaha Tips
Although Omaha is derived from Hold'em, they play like two very different games. Omaha is about showing the best hand in a showdown and making mathematically correct decisions. Bluffing plays a much smaller role as good bluffing opportunities arise less frequently in Omaha. If you don't have the nut hand or a draw to the nuts, consider folding.

Choice of starting hand selection is important; you are looking for 4 cards that offer six good combinations of two card hands, maximising your drawing potential i.e. connecting cards and suited aces.

Raising before the flop is much less important in Omaha, other than the very few times where you have a realistic opportunity to reduce the field while holding a hand with considerable potential. Only raise with your very best starting hands. Calling a pre flop raise with a weak starting hand in Omaha is much more of a mistake than in Texas Hold'em.

By the flop, you have seen 77% of your hand, you should have a reasonable idea whether your hand has the potential to continue; use maths aswell as experience to guide your post flop decisions. Typically, if you have'nt flopped at least two pair or better, or, a monster draw, consider folding. If there are bigger draws on the board, such as a flush or full house, consider folding three of a kind and a straight, use the betting action as a guide to whether a good hand could already be drawing dead.

Reading the board is a huge skill to possess in Omaha, you must be able to understand which starting hand would make the nut hand in relation to the texture of the board, specifically the flop though. Save yourself money in the long term by making the right decision on the flop; if your hand does'nt fit with the board on the flop, consider folding.
_________________
If you try to fail, and succeed, which have you done?

OLBG Poker 2007 SHOE Champion!
3rd All Time OLBG Poker Player!
OLBG Poker Hall of Famer!

Inside Edge Magazine's Poker God 1 Runner Up
Inside Edge Magazine's Poker God 2 Grand Finalist

AcesJones · Posted: Mon Mar 31, 2008 10:03 am Post subject:

Omaha, arrrghhh, time to seperate the men from the boys Cheeky

Good Luck chaps Fingers Crossed

This should be a mere warm up for the carnage thats about follow, Omaha H/L. Laughing

_________________
Think Big, because if you pay peanuts your only going to attract monkeys. Cheeky

AcesJones · Posted: Tue Apr 01, 2008 10:12 pm Post subject:

Following the antics of my recent return to online poker. Lose

The SHOE tournament will be my last online action for quite awhile,
maybe forever.

So I'm gunna break my neck to go out on a high, especially with my favoured omaha still to come. Cheeky

Good Luck to all entering superheroes!! Fingers Crossed

_________________
Think Big, because if you pay peanuts your only going to attract monkeys. Cheeky

RIk_2502 · Posted: Wed Apr 02, 2008 8:20 pm Post subject:

Drag yourselves away from the football.

Round 3 is upon us!

Game on!!

RiK Cool

_________________
If you try to fail, and succeed, which have you done?

OLBG Poker 2007 SHOE Champion!
3rd All Time OLBG Poker Player!
OLBG Poker Hall of Famer!

Inside Edge Magazine's Poker God 1 Runner Up
Inside Edge Magazine's Poker God 2 Grand Finalist

RIk_2502 · Posted: Wed Apr 02, 2008 8:48 pm Post subject:

Bit of a balls up with initial tournament. A new one has been made.

9.05 start password is "repeat"

Good luck all!!
_________________
If you try to fail, and succeed, which have you done?

OLBG Poker 2007 SHOE Champion!
3rd All Time OLBG Poker Player!
OLBG Poker Hall of Famer!

Inside Edge Magazine's Poker God 1 Runner Up
Inside Edge Magazine's Poker God 2 Grand Finalist

jwoody · Posted: Wed Apr 02, 2008 8:53 pm Post subject:

Well I reckon I should get at least 100 points for winning the 1st leg, there's obviously much less luck involved with 1 min blinds Cheeky

What say ye crew? Wink

Best of luck in part deux superheroes Kiss (Thanks Very Much!)

_________________
Don't worry, we've got Neil Warnock!

RIk_2502 · Posted: Wed Apr 02, 2008 8:55 pm Post subject:

Jst waiting on Bonak to join and we have the magnificent 7 (and me) joined for the rematch!!
_________________
If you try to fail, and succeed, which have you done?

OLBG Poker 2007 SHOE Champion!
3rd All Time OLBG Poker Player!
OLBG Poker Hall of Famer!

Inside Edge Magazine's Poker God 1 Runner Up
Inside Edge Magazine's Poker God 2 Grand Finalist