Welcome to the Hold or Fold Website
 
Home Page
UK Casinos & Poker Clubs
Online Poker & Casinos
Poker Tutorial
Casino Games Tutorial
E-Letters Past & Present

14th May 2007

Hello there and welcome to Hold or Fold -
The UK's only Poker E-Letter dedicated to helping YOU become a better player!


In this week's packed E-Letter:
        *The film 'Rounders' and why it's become a cult film
        *The 1988 Heads Up Classic hand featuring Johnny Chan
        *Some tips on Heads Up Strategy
        *News about playing poker at 15,000 feet (with a parachute)

*****************

So - how has your week been? I've had a really good week - I came 150th out of 1434 players cashing in $450 last Sunday and I also made $500 in a Turbo Rebuy Tournament so I'm happy !!

As you know, I read all the Poker Magazines avidly and I'd noticed a few times that some top Poker Players, including Chris Moneymaker (winner of the 2004 WSOP Main Event), had mentioned the film "Rounders" as a major influence in their decision to start playing poker.

It was on telly a few weeks ago so I taped it and watched it last night. Yes - it is a really good film and if you are a poker player - I would highly recommend watching it.

In particular, there is a scene where our hero Matt Damon is watching a replay of the 1988 World Series Main Event final Heads up between Johnny Chan and Erik Seidel. He is watching this hand with a girl and she speaks in awed tones about the magic of Johnny Chan slowplaying the final hand. The way she describes the hand is as if she's watching a master at work and marvelling at his talent.

So I thought I would highlight this hand for this week's e-letter.
_____________________________________________

You're never down and out until all your chips are gone
_____________________________________________


First off, there is a segment of the Commentator Chris Marlowe interviewing the 1978 WSOP winner Bobby Baldwin and they discuss the fact that the Heads Up between Johnny Chan and Erik Seidel had been swinging back and forth with Johnny nearly all out on a previous hand, but luckily he managed to hit a lucky card and still be in the fight.

Remember - when you are playing Heads Up - the Dealer is the Small Blind and is first to act before the Flop - After the Flop he is second to act.

The final hand unfolds as follows: Johnny is first to act and calls the blind.

The Flop comes out - QS, 8D, 10H
Queen Spades  8 Diamonds  10 Hearts

Erik checks and Johnny bets out $40,000 and Erik raises another $50,000. As Erik has 'check-raised' he is implying that he has a very good hand.

The Commentator says: "Johnny Chan takes his time, figuring out the odds for all possible combinations with two more cards to come."

Johnny calls Erik's $50,000.

The Turn comes down with a 2S
2 Spades

and at this point - we get to see what Johnny & Erik are holding.

Johnny has JC and 9C meaning that he flopped the nut straight !
Jack Clubs  9 Clubs

and Erik has QC and 7H giving him top pair.
Queen Clubs  7 Hearts

Erik cannot win this hand and he doesn't know it - but he figures he has top pair and this is pretty good. Johnny is putting on very submissive body language, in the way he slouches and hesitates, trying to suck Erik into going all in.

The River is a 6D changing nothing.
6 Diamonds

Erik falls for the bait and puts all his chips in the pot !!

Johnny immediately calls and wins the 1988 WSOP Main Event !!

You can view this hand at:
http://www.youtube.com/watch?v=KC_BETBgWxk

___________

Post Mortem

___________

When interviewed, Johnny said that he noticed that Erik was playing fairly fast and trying to bluff a lot so he laid in wait for the right moment to trap him and that's exactly what happened.

________________

Heads Up Strategy
________________


Playing Heads Up is the Poker equivalent of playing tennis. You have to put chips into every pot, either in the Small Blind or the Big Blind so you can't wait for decent hands or else you'll wittle all your chips away.

The cards have less significance Heads Up as you are now having a total battle of wits against your opponent and you have to sense when your opponent is weak and attack attack attack !

Aggression is the key - selective aggression and controlled aggression ! However - if your opponent is on all-out aggression - then you can lie in wait and trap him, just as Johnny Chan did.

I have read a lot of tips for Heads Up Strategy online and the best one I have found for beginners is: http://www.pokkercards.com/headsup-strategy.html

There are also plenty of opportunities to play Heads up Tournaments online to practice and hone your skills.

____________

Extreme Poker
____________


In July last year, a group of 5 poker players decided to play in the back of a plane, 15,000 feet over the Nevada Desert. The plan was if they lost all their chips - they were thrown out of the plane !!

"The pressure in this game was unbelievable, knowing that if someone called my bluff, I would have to jump out of a plane," said Phil 'Unibomber' Laak. "Now that I'm done, I want to get right back up there and do it again."

The growing phenomenon of Extreme Poker is all about keeping your cool under extreme duress, "I can't think of a more stressful situation than knowing that you must fall 15,000 feet from a moving aircraft if your opponent calls your bluff" said Peter Marcus, spokesperson for InterPoker.com and creator of Extreme Poker.

More info: http://www.interpoker.com/tournaments/0706/losers_leap.shtml


*******************

So after a successful week - I am off to qualify for this Sunday's Tournament and see if I can get any higher than 150th. Let me know how you get on too.

All the best

Meg Arana
Hold or Fold