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Mike: Welcome to Upswing Poker Level Up,

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the show that teaches you not only when to hold them,

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but when to fold them.

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I'm Mike Brady and Scottish Poker Pro Gary Blackwood is here

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to help you make winning adjustments based on the rake in

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your games.

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Gary: That's right guys.

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We'll be discussing all things rake today,

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when the rake is high,

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when the rake is low,

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when the rake is non-existent and how you should adjust accordingly.

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Mike: Contrary to popular belief,

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more rake is not better.

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There are loads of different rake structures out there.

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Your game might have high rake,

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low rake time-based seat fees where you pay a certain amount

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per hour.

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Your game may take rake before the flop,

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or maybe it's a no flop,

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no drop game where rake is only taken out of the

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pot once you reach the flop,

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you may be surprised to learn that these different rake structures

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should impact the way you play,

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sometimes quite dramatically.

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Put simply when money is being taken out of the pot,

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your pot odds and strategic incentives change.

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If you're playing the same way regardless of rake structure,

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if you're not even looking at how much is being taken

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out of the pot,

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you're likely leaving money on the table,

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but you won't make that mistake after finishing this episode.

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Before diving into how you should change your strategic approach in

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low rake games versus high rake games,

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we should define exactly what low and high rake is.

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In this episode High rake is going to mean four big

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blinds or more being taken out of the pot.

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Medium rake is going to be two to four big blinds

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being taken out of the pot,

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and when we say high rake throughout this episode,

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that really includes medium rake games as well.

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Two big blinds coming out of the pot is still quite

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a bit.

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Imagine you're playing two five and they take 10 bucks out

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of the pot.

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That's a lot and it's going to impact your strategy quite

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dramatically. But there are games out there with really,

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really high rake.

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So we do want to differentiate high rake and medium rake.

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Low rake is when two big blinds or fewer is taken

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out of the pot.

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This will typically be in higher stakes games,

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and then there are games with no rake.

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$0 is being taken out of the pot in these games.

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Maybe you play in a home game where there's no rake

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or maybe you play at a place with time-based seat fees

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like the Lodge Card Club in Texas.

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In these games since no money is coming out of the

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pot, you get to play quite a bit looser as we'll

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talk about a little later.

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Gary, in your experience,

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what would you consider high rake?

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Gary: Yeah,

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so it really kind of depends on which part of the

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world you're playing in,

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poker games in Europe,

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for example,

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here in the UK,

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it's not ideal,

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at two five and five ten,

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they take out approximately 12 pounds per hand,

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sometimes as much as 13 or 14 pounds per hand.

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But some places in Europe they take as high as 26

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euros in a five ten game,

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which is astronomically high rake.

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Obviously we have plenty of listeners from the USA and there

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are of course some places where the rake is a little

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higher than others,

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but overall it's really quite reasonable across the board in America.

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Mike: You kind of touched on it there,

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Gary, but what games typically have high rake and which ones

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typically have low rake?

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Gary: It kind of sucks for lower stakes grinders because the

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lower you play,

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the higher the rake is.

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Obviously you pay less in actual dollar amounts,

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but the percentage of the pot that's being taken away from

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you is higher.

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50NL and below online,

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one two and one three in the casinos.

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These are games which are higher rake environments and the rest

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of this podcast will really help you guys.

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The higher you play,

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the better the rake is both live and online.

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Online it gets a little more forgiving when you reach 200NL

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and can be favorable to the players playing five ten and

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above. Obviously it's dependent on which sites you play.

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On some sites the rake is astronomical and you're basically saying

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GG before you start.

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At live poker higher stakes games have timed rake,

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which is just a dream.

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Some places have this seat fee as opposed to taking rake

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out the pot where every player pays X amount every 30

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minutes or every hour depending on where you play,

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and that is going to drastically alter your strategy in the

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other direction,

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which of course we'll get to in due course.

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Mike: So let's get into those high rake adjustments.

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If you play one two,

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one three,

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even two five live in certain places,

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if they're taking at least two big blinds out of the

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pot or if you play micro and low stakes online,

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this is the part where you're going to want to pay

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a lot of attention because you might be surprised just how

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tight you're supposed to be playing.

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So Gary,

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how should you adjust your strategy in a high rake game

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compared to a low rake game?

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Gary: So there are plenty of things that you can do

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to combat the rake and in turn obviously increase your win

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rate. Firstly,

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you want to play a tight aggressive style preflop.

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When facing a raise you want to do more three betting

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with hands that could go either way between three bet and

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call. Let's seize the initiative and start putting in more three

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bets instead of flatting opens,

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but of course with the right range.

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Secondly, you want to really tighten it up from the big

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blind in higher rake games.

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So many of us listening to this could seriously increase our

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win rate by just trimming off the bottom parts of our

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pre-flop charts.

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Hands like five deuce suited,

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seven six offsuit,

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king eight offsuit,

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three deuce suited.

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All these types of hands are defends from the big blind

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versus some positions in most charts and in higher rake games

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they go from being slightly profitable defends to slightly losing defends.

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If we just trim off all these slightly losing calls pre-flop,

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we end up saving ourselves a lot of money in the

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long term.

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Mike: There's so much advice and training out there about defending

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your big blind and I think 10 to 15 years ago

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a lot of people under defended from the big blind,

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they didn't defend often enough,

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but then the advice started getting out there about how wide

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you get to defend in certain scenarios,

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especially in tournaments with an ante where you get to defend

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really, really wide that there starts to be a general shift

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where everyone is hearing,

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oh, you're supposed to defend your big blind,

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but that really doesn't tell the full story.

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That's kind of advice taken out of context.

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How wide you should defend your big blind depends on a

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lot of things.

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It depends on the raise size you're facing.

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It depends on the range that you're likely up against,

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whether your opponent is raising with a tight range or a

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loose range or somewhere in the middle,

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and it also depends on the rake.

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If the rake is very high,

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you don't get to defend as often as Gary just said.

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I also think kind of a side note,

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there might be a little bit of an ego element to

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it. People think of it as my big blind and then

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they don't want to surrender my big blind,

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but putting that to the side,

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it's really important to consider the specifics of your game and

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a lot of games are different,

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so you have to do some thinking ahead of time to

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be prepared for when you're actually facing a raise in game

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and you're in the big blind.

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I'm going to pull up a couple charts from Nick Petrangelo's

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Smash Live Cash course,

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which has a ton of pre-flop live ranges that are built

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with high rake in mind,

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straddles in mind,

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things of that nature that are kind of unique to live.

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And the one I have on my screen right now is

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a no ante,

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raked chart.

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So this is when there is no ante,

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which if you play one three or two five live,

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there probably isn't an ante and then there's high rake,

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these charts assume two big blinds.

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This also assumes that your opponent is only raising to something

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like 2.25

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big blinds.

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That's probably not accurate.

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If you're playing one three live,

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you're probably facing 10 or 12 or $15 raises,

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but to make useful charts you can't really run them with

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4x opens because the solver will just play outrageously tight.

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So for the sake of having practical charts,

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these charts were created with a 2.25x

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raise in mind.

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There are some kind of live factors that wash away that

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smaller size.

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Like in live you're going to be facing larger sizes,

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but your opponents also aren't going to be nearly as aggressive

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as the solver,

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which means you realize more equity,

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which means you get to play looser.

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So I actually look at these charts and this is pretty

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much how I would play against a 10 or a $12

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open in one three even though these charts are for 2.25x.

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That was a nerd-y aside,

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but it's important to get out of the way because the

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inputs for a solver chart are very important to know.

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So I'm looking at this no ante high rake chart and

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against a raise from early position and we're in the big

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blind, we're folding hands as strong as Queen Jack offsuit,

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we're sometimes folding King Jack offsuit even doing a little sliver

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of folding with king queen offsuit,

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queen seven suited pure folding,

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queen ten offsuit pure folding,

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ace nine offsuit pure folding,

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king two suited is mostly folding insanely,

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insanely tight,

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way tighter than your intuition would probably lead you to play.

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I think a lot of people will think,

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oh, queen seven suited easily worth the defend in the big

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blind, apparently not at least against the solver in these parameters.

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Maybe if your opponent's very weak,

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you can call if they're raising from later position you can

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call. But for the sake of comparison,

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we're folding all of these hands.

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Now, if I go over and look at a no rake

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chart so there is no rake being taken out of the

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pot, maybe it's a time rake game,

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maybe it's a home game,

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whatever, the chart gets so much looser.

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Those hands that I said were folding every time before Queen

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jack offsuit,

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queen ten offsuit,

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queen seven suited,

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all those hands are calling every time now.

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We're calling King two suited every time,

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queen five suited is getting in there sometimes,

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jack five suited is getting in there sometimes and then even

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some pretty offsuit junky connectors,

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five four offsuit,

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six five offsuit,

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seven six offsuit.

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Those hands are getting in there a sliver of the time

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when there's no rake.

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So once again with rake,

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we're folding queen jack offsuit every time versus that early position

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raise. Queen ten offsuit every time,

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Jack ten offsuit every time queen five suited every time.

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All these hands that seem like pretty worthwhile defends are folding

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every time with high rake and then against that same raise

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in a no rake game,

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all of those hands are calls almost every time or every

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time. So it's a very,

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very big difference.

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The same goes for Gary's first adjustment,

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how we talked about you're going to want to play more

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tight aggressive against raises.

261
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I'm pulling up charts again,

262
00:09:39,240 --> 00:09:40,410
a hundred big blinds.

263
00:09:40,410 --> 00:09:42,330
We're on the button facing a hijack open,

264
00:09:42,600 --> 00:09:46,590
with rake we're not really doing much calling at all,

265
00:09:46,600 --> 00:09:48,660
the hands that call are some medium pocket pairs.

266
00:09:48,660 --> 00:09:52,050
We're doing some calling with the best suited Broadways,

267
00:09:52,050 --> 00:09:53,040
ace jack suited,

268
00:09:53,040 --> 00:09:54,260
king queen suited,

269
00:09:54,260 --> 00:09:54,940
et cetera.

270
00:09:54,940 --> 00:09:56,920
But it's mostly three betting,

271
00:09:56,920 --> 00:09:57,990
9.2%, three bet,

272
00:09:58,170 --> 00:09:59,310
4.3% call.

273
00:09:59,320 --> 00:10:02,540
So when we're continuing on the button against the hijack raise

274
00:10:02,540 --> 00:10:03,330
with high rake,

275
00:10:03,780 --> 00:10:06,570
we're three betting the vast majority of the time and very

276
00:10:06,570 --> 00:10:07,380
rarely calling.

277
00:10:07,920 --> 00:10:08,940
But with no rake.

278
00:10:09,180 --> 00:10:10,930
All of a sudden I see a lot more yellow on

279
00:10:10,930 --> 00:10:13,170
my screen and the yellow indicates calls.

280
00:10:13,170 --> 00:10:15,290
We're now calling with a lot of those hands that were

281
00:10:15,290 --> 00:10:18,540
three betting frequently before we're doing some extra calling with suited

282
00:10:18,540 --> 00:10:22,210
connectors, low pocket pairs get to call more often and so

283
00:10:22,210 --> 00:10:23,960
on. Gary: Yeah,

284
00:10:23,960 --> 00:10:26,280
I completely agree with everything Mike has just said,

285
00:10:26,280 --> 00:10:28,090
and for those of us that are watching on YouTube and

286
00:10:28,090 --> 00:10:30,380
can see this chart on their screen right now,

287
00:10:30,380 --> 00:10:32,880
ask yourself if I'm on the button,

288
00:10:33,180 --> 00:10:35,730
I'm playing one three or two five and the hijack opens,

289
00:10:36,510 --> 00:10:38,490
how does my range compare to this?

290
00:10:38,490 --> 00:10:40,680
Am I pure folding eight seven suited,

291
00:10:40,680 --> 00:10:41,810
nine eight suited,

292
00:10:41,810 --> 00:10:42,880
jack nine suited,

293
00:10:42,880 --> 00:10:44,010
king jack offsuit?

294
00:10:44,010 --> 00:10:45,000
The list goes on.

295
00:10:45,000 --> 00:10:47,460
So this is a really great example.

296
00:10:47,460 --> 00:10:50,070
I've said this quite a few times already today,

297
00:10:50,070 --> 00:10:51,810
but the high rake environment,

298
00:10:52,110 --> 00:10:54,050
if we just adjust accordingly,

299
00:10:54,050 --> 00:10:56,370
our win rate drastically increases.

300
00:10:56,670 --> 00:10:58,470
So I encourage you to look at this chart and sort

301
00:10:58,470 --> 00:11:00,250
of think about your own strategy in this spot.

302
00:11:00,250 --> 00:11:02,010
If the hijack opens and you're on the button,

303
00:11:02,310 --> 00:11:05,670
how does your own range compare and goes without saying that

304
00:11:05,670 --> 00:11:08,780
everyone watching this is just a little too loose and it's

305
00:11:08,780 --> 00:11:11,490
really important that we do make these adjustments.

306
00:11:11,490 --> 00:11:14,420
So an absolutely fantastic visual on our screens right now and

307
00:11:14,420 --> 00:11:17,100
I encourage you to just kind of compare your own range

308
00:11:17,100 --> 00:11:19,690
to this and see just how differently you should be playing

309
00:11:19,690 --> 00:11:20,000
right now.

310
00:11:21,060 --> 00:11:23,640
Mike: I will throw in one caveat.

311
00:11:23,700 --> 00:11:26,030
We do love our caveats here on the Level Up podcast

312
00:11:26,030 --> 00:11:28,860
because poker is a complicated game with a lot of variables.

313
00:11:29,640 --> 00:11:31,740
If you're playing a very soft one three game,

314
00:11:32,550 --> 00:11:35,830
you can do a little more calling for a couple reasons.

315
00:11:35,830 --> 00:11:36,570
Number one,

316
00:11:36,900 --> 00:11:40,250
you are not going to get squeezed as often as the

317
00:11:40,250 --> 00:11:44,080
solver assumes you are when it generated these charts.

318
00:11:44,080 --> 00:11:45,030
So for example,

319
00:11:45,270 --> 00:11:46,740
when the solver generated these charts,

320
00:11:46,770 --> 00:11:49,290
it's assuming that the big blind and small blind are also

321
00:11:49,290 --> 00:11:52,460
solvers who are going to play super aggressive against the raise

322
00:11:52,460 --> 00:11:53,130
and the call.

323
00:11:53,650 --> 00:11:57,920
Your one three opponents live might not even be squeezing pocket

324
00:11:57,920 --> 00:11:58,900
jacks, right?

325
00:11:58,900 --> 00:12:00,840
They could be very tight or they might not even be

326
00:12:00,840 --> 00:12:04,070
squeezing ace queen every time and they might never be squeezing

327
00:12:04,070 --> 00:12:04,810
with a bluff.

328
00:12:05,140 --> 00:12:06,800
So that's going to allow you to call a little bit

329
00:12:06,800 --> 00:12:07,230
more often.

330
00:12:07,230 --> 00:12:08,120
And then one other thing,

331
00:12:08,120 --> 00:12:11,060
maybe the player who raised is a very weak player who

332
00:12:11,060 --> 00:12:13,670
you think is going to give you extra money post-flop,

333
00:12:13,670 --> 00:12:15,880
they're a player that you think is worth targeting,

334
00:12:16,180 --> 00:12:17,680
then you do get to call more often.

335
00:12:17,680 --> 00:12:22,830
So there are some live specific factors that if they are

336
00:12:22,830 --> 00:12:24,130
the case in your games,

337
00:12:24,130 --> 00:12:26,170
if the blinds are very weak players,

338
00:12:26,170 --> 00:12:27,850
if the player who raises is a very weak player,

339
00:12:28,030 --> 00:12:29,620
you do get to do a little bit more calling and

340
00:12:29,620 --> 00:12:31,470
more three betting for that matter as well.

341
00:12:31,900 --> 00:12:36,280
But I hope this comparison has at least convinced you to

342
00:12:36,700 --> 00:12:40,140
lean more towards three betting as a default and then once

343
00:12:40,140 --> 00:12:41,970
you have that reliable information,

344
00:12:41,970 --> 00:12:43,480
you could throw in some more calls.

345
00:12:43,480 --> 00:12:46,310
But just make sure you have that reliable information first and

346
00:12:46,310 --> 00:12:48,850
if you are the guy who was always calling king jack

347
00:12:48,850 --> 00:12:51,580
offsuit on the button against a raise in a high rake

348
00:12:51,580 --> 00:12:55,010
game, maybe give that a second think maybe consider three betting

349
00:12:55,010 --> 00:12:57,620
it or just even folding it because that's not really the

350
00:12:57,620 --> 00:12:59,940
type of hand we want to be calling on the button

351
00:12:59,940 --> 00:13:03,420
at a high frequency at least without a ironclad read that

352
00:13:03,420 --> 00:13:04,830
it's the right way to go.

353
00:13:04,830 --> 00:13:05,710
Alright, Gary,

354
00:13:05,720 --> 00:13:08,210
that was a long aside for your second adjustment,

355
00:13:08,210 --> 00:13:09,610
but I know you have one more.

356
00:13:09,610 --> 00:13:12,310
What is your third adjustment to make in high rake games?

357
00:13:13,090 --> 00:13:13,740
Gary: Yeah,

358
00:13:13,740 --> 00:13:16,840
so let's continue talking about defending from the big blind,

359
00:13:16,840 --> 00:13:20,050
but let's add in when there's a raise and a call,

360
00:13:20,050 --> 00:13:22,400
we're going to be going multi-way to the flop.

361
00:13:22,400 --> 00:13:24,070
Let's forget about rake for now.

362
00:13:24,220 --> 00:13:26,620
If we're playing in a reasonable rake environment,

363
00:13:26,920 --> 00:13:29,890
most people are still defending too wide in this scenario from

364
00:13:29,890 --> 00:13:31,710
the big blind multi-way in general,

365
00:13:31,710 --> 00:13:34,080
and then you factor in the higher rake on top of

366
00:13:34,080 --> 00:13:37,210
that, then people are just bleeding money from the big blind

367
00:13:37,210 --> 00:13:39,460
under the guise of being priced in.

368
00:13:39,970 --> 00:13:43,050
Say middle position opens the button calls hands like queen ten

369
00:13:43,050 --> 00:13:44,630
offsuit, ace ten offsuit,

370
00:13:44,630 --> 00:13:45,290
queen five,

371
00:13:45,290 --> 00:13:46,330
jack seven suited.

372
00:13:46,750 --> 00:13:49,850
These hands in theory are not pure calls in more forgiving

373
00:13:49,850 --> 00:13:50,950
rake environments.

374
00:13:51,160 --> 00:13:52,610
Some of them are mixing calls,

375
00:13:52,610 --> 00:13:54,400
some of them are actually pure folds.

376
00:13:54,700 --> 00:13:57,550
Then you factor in the high rake environment On top of

377
00:13:57,550 --> 00:13:58,720
that, guys and girls,

378
00:13:58,780 --> 00:14:00,600
tighten up from the big blind multi-way,

379
00:14:00,600 --> 00:14:01,570
you're not priced in,

380
00:14:01,570 --> 00:14:04,330
you are really hurting your win rate by calling too wide.

381
00:14:05,530 --> 00:14:07,720
Mike: The key that I always think about in these scenarios,

382
00:14:07,730 --> 00:14:10,850
pretty much any pre-flop calling scenario in the tournaments out of

383
00:14:10,850 --> 00:14:11,510
the small blind,

384
00:14:11,510 --> 00:14:12,610
you get to do a little bit of calling.

385
00:14:12,610 --> 00:14:14,800
So I think about this in that situation,

386
00:14:14,800 --> 00:14:17,130
but most often it's when I'm defending from the big blind

387
00:14:17,130 --> 00:14:22,720
multi-way, I want to avoid sharing cards with my opponent's range.

388
00:14:22,960 --> 00:14:25,370
So a hand like Jack ten offsuit,

389
00:14:25,810 --> 00:14:29,410
I actually would much rather have six five offsuit than Jack

390
00:14:29,410 --> 00:14:32,500
ten offsuit in a lot of these scenarios because when it

391
00:14:32,500 --> 00:14:35,260
goes raise call they're going to have a lot of big

392
00:14:35,260 --> 00:14:37,360
jacks and big tens in their range.

393
00:14:37,360 --> 00:14:39,230
There's going to be a lot of Ace ten,

394
00:14:39,230 --> 00:14:40,450
ace jack pocket jacks,

395
00:14:40,450 --> 00:14:41,290
pocket Queens,

396
00:14:41,290 --> 00:14:41,810
et cetera,

397
00:14:41,810 --> 00:14:44,230
cards that I don't really want to have Jack ten when

398
00:14:44,230 --> 00:14:45,040
they have those.

399
00:14:45,220 --> 00:14:46,810
I don't want to have Jack ten when they have Ace

400
00:14:46,810 --> 00:14:49,620
jack, but when I have five four offsuit or six five

401
00:14:49,620 --> 00:14:53,720
offsuit, those can and especially six five suited or five three

402
00:14:53,720 --> 00:14:58,030
suited, I'm not then sharing cards with my opponent's ranges so

403
00:14:58,030 --> 00:15:00,480
the boards that I hit are not going to hit them

404
00:15:00,480 --> 00:15:02,390
harder. When you have jack ten offsuit,

405
00:15:02,420 --> 00:15:04,220
you flop top pair on a jack high board,

406
00:15:04,550 --> 00:15:07,120
there's a fair chance that you're out kicked by a hand

407
00:15:07,120 --> 00:15:09,650
like ace jack or something like that or even an over

408
00:15:09,650 --> 00:15:12,260
pair. But when you have five three suited and you flop

409
00:15:12,260 --> 00:15:14,550
two pair or you flop a straight draw or even a

410
00:15:14,550 --> 00:15:18,170
five on five three suited on say five four deuce,

411
00:15:18,470 --> 00:15:20,270
you're the one who really smacked that board.

412
00:15:20,270 --> 00:15:23,370
It's very unlikely that one of the other players has connected

413
00:15:23,370 --> 00:15:25,560
with that and that's what you'd prefer to happen in a

414
00:15:25,560 --> 00:15:26,180
multi-way pot.

415
00:15:26,180 --> 00:15:29,180
You don't want to be sharing cards with those other players.

416
00:15:29,930 --> 00:15:30,920
I'm going to throw in a caveat.

417
00:15:30,920 --> 00:15:33,230
Again, this is very similar to the caveat we had a

418
00:15:33,230 --> 00:15:33,830
moment ago,

419
00:15:34,340 --> 00:15:37,890
but you can adjust if your opponents are up to something

420
00:15:37,890 --> 00:15:39,890
unusual and you know it.

421
00:15:39,890 --> 00:15:40,700
In some games,

422
00:15:40,700 --> 00:15:43,870
I've seen players call on the button against a raise with

423
00:15:43,870 --> 00:15:47,750
eight seven offsuit and four three suited and ten four suited,

424
00:15:48,020 --> 00:15:50,060
if that's the player who called on the button.

425
00:15:50,390 --> 00:15:52,430
Some of this advice obviously goes out the window.

426
00:15:52,460 --> 00:15:54,610
I'm not going to fold queen five suited or ace ten

427
00:15:54,610 --> 00:15:57,480
offsuit when the guy on the button has almost any two

428
00:15:57,480 --> 00:16:00,050
cards. I want to play a pot against him.

429
00:16:00,320 --> 00:16:03,200
But if you're playing against thinking players who are playing somewhat

430
00:16:03,210 --> 00:16:06,260
reasonably and aren't just flicking in the call with whatever hand,

431
00:16:06,260 --> 00:16:07,970
aren't flicking in the raise with whatever hand,

432
00:16:08,300 --> 00:16:10,760
then you have to follow this advice to a tee and

433
00:16:10,760 --> 00:16:11,660
play very tight,

434
00:16:11,660 --> 00:16:16,580
especially with these non multi-way friendly hands like these offsuit high

435
00:16:16,580 --> 00:16:19,000
card hands and some of these suited hands that have a

436
00:16:19,000 --> 00:16:20,120
high card and a low card.

437
00:16:20,990 --> 00:16:24,650
Some card rooms forego rake altogether and instead charge an hourly

438
00:16:24,650 --> 00:16:25,160
seat fee.

439
00:16:25,190 --> 00:16:26,620
Like we've mentioned earlier.

440
00:16:26,620 --> 00:16:29,860
Gary, how do you adjust your strategy when no rake is

441
00:16:29,860 --> 00:16:31,190
taken out of the pot?

442
00:16:31,190 --> 00:16:33,860
So everything that goes in there is staying in there and

443
00:16:33,860 --> 00:16:35,930
the winner of the pot is getting it all.

444
00:16:36,410 --> 00:16:38,630
Gary: These are the best games to play in and our

445
00:16:38,630 --> 00:16:40,130
strategy changes drastically.

446
00:16:40,130 --> 00:16:41,750
Now we get to play way looser,

447
00:16:41,750 --> 00:16:43,160
way more pre-flop calls,

448
00:16:43,160 --> 00:16:45,050
defend much wider from the big blind.

449
00:16:45,410 --> 00:16:47,660
Our vpip goes up a lot in a game like this,

450
00:16:47,660 --> 00:16:50,060
which is of course a much more enjoyable experience.

451
00:16:50,120 --> 00:16:53,380
Everything I've said in this episode so far about countering the

452
00:16:53,380 --> 00:16:55,930
rake that kind of goes out the window and we play

453
00:16:55,930 --> 00:16:56,870
many more hands.

454
00:16:56,930 --> 00:16:58,700
Obviously we're not playing bad hands,

455
00:16:58,700 --> 00:17:02,140
we're not playing too loose and defending seven three offsuit from

456
00:17:02,140 --> 00:17:03,000
the big blind,

457
00:17:03,000 --> 00:17:05,990
but we get to play much wider ranges overall,

458
00:17:05,990 --> 00:17:08,990
as we saw in Mike's chart comparison earlier in the episode,

459
00:17:08,990 --> 00:17:11,600
and it's because there's no money being taken out the pot,

460
00:17:11,630 --> 00:17:14,120
everything that's in there you win and it means you get

461
00:17:14,120 --> 00:17:15,710
to play much wider as a result.

462
00:17:15,710 --> 00:17:18,090
Mike: If you want to do some kind of homework to

463
00:17:18,090 --> 00:17:19,610
understand this even better,

464
00:17:19,610 --> 00:17:21,670
and I'm sorry to remind everyone of school by saying the

465
00:17:21,670 --> 00:17:22,250
word homework.

466
00:17:22,580 --> 00:17:25,830
I encourage you to do some simple pen and paper math

467
00:17:25,830 --> 00:17:28,210
or use the calculator on your phone or whatever.

468
00:17:28,610 --> 00:17:32,540
Go ahead and test how different your pot odds look,

469
00:17:32,540 --> 00:17:35,530
your price to call looks when you are in a game

470
00:17:35,530 --> 00:17:37,310
with rake and with no rake.

471
00:17:37,610 --> 00:17:38,120
For example,

472
00:17:38,120 --> 00:17:40,750
if you're playing one three and the player on the button

473
00:17:40,750 --> 00:17:42,940
races to $12 and you're in the big blind,

474
00:17:42,940 --> 00:17:45,610
you have to call nine more to play for a $25

475
00:17:45,610 --> 00:17:49,690
pot. That means you need about 36% equity to call nine

476
00:17:49,690 --> 00:17:52,050
divided by 25 is 36%,

477
00:17:52,800 --> 00:17:55,080
but that would be in a game with no rake being

478
00:17:55,080 --> 00:17:56,160
taken out of the pot.

479
00:17:56,250 --> 00:17:59,310
What I would encourage you to do then is run it

480
00:17:59,310 --> 00:18:02,300
for if they take $3 out of the pot instantly when

481
00:18:02,300 --> 00:18:03,210
you see the flop,

482
00:18:03,210 --> 00:18:04,390
which is going to be the case in a lot of

483
00:18:04,390 --> 00:18:06,500
rooms, sometimes it's going to be even more than that.

484
00:18:06,500 --> 00:18:09,430
Now all of a sudden you're calling that nine to play

485
00:18:09,430 --> 00:18:12,820
for a $22 pot and now you need just under 41%

486
00:18:12,820 --> 00:18:18,210
equity. So you went from needing 36% equity to profitably call

487
00:18:18,210 --> 00:18:19,790
to 41% equity to profitably call.

488
00:18:19,790 --> 00:18:21,600
That's going to make a pretty big difference.

489
00:18:21,610 --> 00:18:24,780
And you can also toy around with some ranging software like

490
00:18:24,780 --> 00:18:25,620
poker Equilab,

491
00:18:25,620 --> 00:18:29,050
that's a really good free one out there and you could

492
00:18:29,050 --> 00:18:32,230
see what hands have 41 or 36% equity against a button

493
00:18:32,230 --> 00:18:35,430
raising range and you could really toy around with it and

494
00:18:35,430 --> 00:18:37,760
start to get a feel for how you should actually be

495
00:18:37,760 --> 00:18:40,290
playing and how big of a difference the rake in your

496
00:18:40,290 --> 00:18:42,300
game or the rake in a game that you plan on

497
00:18:42,300 --> 00:18:43,800
playing really makes.

498
00:18:44,760 --> 00:18:47,590
I found that there's really no substitute for this type of

499
00:18:47,590 --> 00:18:51,100
work. Even if you just spend 30 quick minutes doing it.

500
00:18:51,100 --> 00:18:53,130
It's going to give you really,

501
00:18:53,130 --> 00:18:56,560
really good insight on how this works at sort of a

502
00:18:56,560 --> 00:18:58,920
mechanical functional technical level.

503
00:18:59,700 --> 00:19:03,270
We've got one more important live specific thing to go over,

504
00:19:03,270 --> 00:19:05,980
but we were just talking about no rake games and you

505
00:19:05,980 --> 00:19:08,810
want to know what other game has no rake taken out

506
00:19:08,810 --> 00:19:09,480
of the pot?

507
00:19:09,480 --> 00:19:14,540
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510
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the big birds this summer.

519
00:19:40,550 --> 00:19:41,460
So Gary,

520
00:19:41,460 --> 00:19:44,430
there was one more live specific thing I know you wanted

521
00:19:44,430 --> 00:19:47,210
to hound our listeners about because I think it's a little

522
00:19:47,210 --> 00:19:48,390
bit of a tilt point for you,

523
00:19:48,660 --> 00:19:50,010
so jump into it.

524
00:19:50,940 --> 00:19:51,550
Gary: Yeah,

525
00:19:51,550 --> 00:19:53,340
let's talk about chopping the blinds.

526
00:19:53,640 --> 00:19:55,660
A lot of us watching this will have a bit of

527
00:19:55,660 --> 00:19:57,270
an ego when it comes to chopping.

528
00:19:57,690 --> 00:19:59,720
The amount of guys that I've played with in one two,

529
00:19:59,720 --> 00:20:00,150
one three,

530
00:20:00,150 --> 00:20:00,540
two five,

531
00:20:00,540 --> 00:20:01,630
and they're like,

532
00:20:01,630 --> 00:20:02,430
I don't chop,

533
00:20:02,430 --> 00:20:02,860
I play.

534
00:20:02,860 --> 00:20:04,170
Just chop the blinds.

535
00:20:04,170 --> 00:20:06,800
Okay. It's okay to leave your ego at the door and

536
00:20:06,800 --> 00:20:08,980
chop up the blinds and speed up the game.

537
00:20:08,980 --> 00:20:11,580
And when you're playing in high rake environments,

538
00:20:12,210 --> 00:20:15,650
it's going to be a single raised pot very often and

539
00:20:15,650 --> 00:20:18,220
there's a lot of money being taken out the pot,

540
00:20:18,220 --> 00:20:20,220
particularly when you're in the small blind,

541
00:20:20,490 --> 00:20:22,480
you're out of position that's hard to play anyway,

542
00:20:22,480 --> 00:20:23,430
factor in the high rake,

543
00:20:23,730 --> 00:20:24,470
guys and girls,

544
00:20:24,470 --> 00:20:25,770
it's boring and it's nitty,

545
00:20:25,770 --> 00:20:27,360
but just go ahead and chop the blinds.

546
00:20:28,050 --> 00:20:30,000
Mike: The one exception there would be maybe you get to

547
00:20:30,000 --> 00:20:31,960
a shorthanded game and there's a reduced rake,

548
00:20:31,960 --> 00:20:32,770
which by the way,

549
00:20:32,770 --> 00:20:34,560
if you don't know about reduced rake,

550
00:20:34,560 --> 00:20:36,750
you might want to ask your local poker room because sometimes

551
00:20:36,750 --> 00:20:38,730
they will reduce the rake for you if you get down

552
00:20:38,730 --> 00:20:40,170
to five or four or three handed.

553
00:20:40,180 --> 00:20:42,980
So make sure you're aware of that because oftentimes you have

554
00:20:42,980 --> 00:20:45,990
to actually request it for them to start taking less rake.

555
00:20:46,290 --> 00:20:49,160
Very interesting procedures that they have at poker rooms to try

556
00:20:49,160 --> 00:20:51,790
to get you for that extra dollar or two per hand.

557
00:20:51,790 --> 00:20:53,680
But if you are in that scenario,

558
00:20:53,680 --> 00:20:56,350
you can maybe justify not chopping the blinds,

559
00:20:56,560 --> 00:20:58,880
but if you're playing a nine or eight handed live cash

560
00:20:58,880 --> 00:20:59,980
game, you're playing one three,

561
00:21:00,130 --> 00:21:03,930
you should be chopping every single time because you're just paying

562
00:21:03,930 --> 00:21:05,680
way too much rake in that scenario.

563
00:21:07,600 --> 00:21:10,830
Thanks for being with us today and learning all about rake

564
00:21:10,830 --> 00:21:14,380
strategy. If you agree that more rake is not better,

565
00:21:14,380 --> 00:21:15,670
go ahead and like,

566
00:21:15,910 --> 00:21:16,960
subscribe, follow,

567
00:21:16,960 --> 00:21:19,540
make sure you get notified about future episodes.

568
00:21:19,900 --> 00:21:21,920
We got another one coming for you next week and then

569
00:21:21,920 --> 00:21:23,280
we might be taking a short break,

570
00:21:23,280 --> 00:21:24,460
but we will see you then.