Common Mistakes I See At Limit Hold'em Tables (Or, it's slow at work and I'm bored so here's a bonus blog entry)

I play a lot of Limit Hold'em. I do this for several reasons. First, most LHE players in casinos are AWFUL. They are inexperienced, they have the most obvious tells, and generally are easy to read and control. Second, LHE offers me a chance to limit my variance by being able to control pot size and betting. It's virtually impossible to get stacked in LHE on one hand, someone with a lot of experience can make a decent profit by grinding. LHE offers me a chance to build my bankroll without the risk of losing my entire stack to a two outer on the river. True, you don't generally make as much as you would playing NL but you also don't generally lose as much.

Most LHE players make the same mistakes over and over again, and they generally won't learn from the failures or don't understand them. I present to you a small list of common mistakes I see and how you can avoid doing the same and also capitalize on them yourself. In these examples I am referencing $4/8 limit but it applies to whatever you're playing.

1.) Buying In Too Short
This is the most common mistake I see. People often buy in to a limit table for the minimum or close to it. I don't understand why I see people put $100 on the table, lose it, and buy another $100 over and over. Why not just buy $200-$300? You simply cannot focus on playing good poker when you're this low. At NL short stacking is popular, but at limit it's just dumb. At limit tables I like to buy for a MINIMUM of 50BB (so, if you're playing $4/8 with $2/4 blinds, that'd be $200). I personally prefer to have closer to 100BB when I sit down. This gives me plenty of room to make mistakes and tight calls and still have enough chips to avoid feeling pressure.

2.) Checking Down Too Many Hands
I can't tell you how aggravating it is to see people check monstrous hands like full houses, flushes, etc on the river. WHY? If I have a full house and you're check/calling me I will let you go up to the window and get more chips to put in. I know a lot of locals at the table will try to play "friendly" with other locals and check down big hands, but I often see people check bottom full house because they are scared of quads or something stupid like this. You absolutely MUST squeeze every bet you can out of the suckers in the hand with you, ESPECIALLY at lower limits. If you miss 10 value river bets a night you're giving up $80 in profit at $4/8. That's retarded! Am I sometimes betting into quads? Sure, but if you're any good you should be able to limit the damage in spots like this.

3.) Calling People Too Light
Idiot: "I thought he was bluffing!"
Me: "At $4/8? That's a suicide run."
Idiot: "He done bluffed me once in 1956 with four aces on the board"
Me: "It's $4/8...you know what, nevermind. Good call with 22 on a board of AKQJJ."

Nothing drains your stack quicker than bottom pair/no kicker in limit. People think "Ah, it's just a couple of bets" to run someone down and see what they had. Why? I can sometimes justify a call on the flop if you're in position and no one's going to raise. If you don't turn help (like two pair or trips) the hand should be jettisoned. Bleeding $4 at a time adds up over a night. 10 saved flop bets is still $40. I would like $40. Give it to me and I'll slap you. Same idea.

4.) Playing Too Passively/Not Raising

People (often broke NL players trying to rebuild their stacks) will whine that you can't protect your hand at limit hold'em. Sure you can. I played 6-1/2 hours of $4/8 at Rivers last weekend and there were exactly two times the betting was three bet preflop and both times it was me needling a bad player (see last week's blogisodes). This is unacceptable. In late position with anything mildly playable I am raising. Even if only one idiot folds I am still bettering my odds. True, people WILL run you down in limit more often than NL. You need to adjust your game for this though. If I raise with AK (which I do every time) and the flop is 4-5-7 and the guy across from me wets his pants then I can check. Oh well, lost two bets. Ask yourself this - if it's limped to me, would I call two bets with this hand? If the answer is yes, RAISE. Maybe you miss (and you often will) but you will build a bigger pot and win more if you continue to raise. Playing too passively alerts people when you DO have a big hand because if you're a nit you never raise otherwise. Nits at LHE are doomed to be perpetual losers. If I see a table full of nits limping I will pound them to loosen it up. Just be sure you can take your foot off the gas if you're missing too many flops or getting run down a lot.

Hope you've learned a few things. Limit hold'em can be a gold mine for players like us. The people are easy to read, hands easy to figure out, and the money can be good if your hands hold up. Be prepared to take a ton of beats (limit is like paying $4 a hand to be kicked in the balls) but the pots you do win will make up for it. Control your emotion, exploit theirs.

Full weekend report will be posted Monday(ish).