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Phil Ivey, Tom Dwan and Jungleman Join the Fun in Montenegro: The Best Bits of the Triton SHR Series

Its been an epic week of poker in Montenegro for the Triton Super High Roller Series, where all the world’s best high stakes players have gathered to play and have fun. Tom Dwan, Phil Ivey and Daniel "Jungleman" Cates amongst others, who have been embracing the new game that is short deck. These are the best bits.

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Jason Koon Takes $3.6m for the Short Deck Triton Event

Jason Koon had an exciting final table to beat Xuan Tan heads up for the title with high stakes legend Phil Ivey busting in third. The final table of the 1m HKD Triton Super High Roller Short Deck held in Montenegro went on until the early hours of the morning with the victorious champion taking 28,102,000 HKD ($3.6m).

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Yanny or Laurel? The Poker Scene Decides (including Tom Dwan)

A simple audio recording. But the social media world is split. What do you hear? "Yanny" or "Laurel"? Find out what high stakes legends Tom Dwan and Daniel "Jungleman" Cates hear when they listen, and the rest of the poker scene at the Triton Super High Roller Series in Montenegro.
To watch the live stream please visit www.twitch.tv/TritonPoker

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The New High Stakes Craze from China – This is Short Deck Poker

The high stakes elite cash game players like Phil Ivey, Tom Dwan and Daniel "Jungleman" Cates have all been playing a new form of poker for the last two years. Here, along with other pros they talk about the game derived from China that’s taken hold of them, how to play it and how its different from texas holdem.
To watch the live stream, please go to https://www.twitch.tv/tritonpoker

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The Jesse Capps Poker Vlog – Episode 5 at the Bike Part 2

In the second part of my trip to the Bicycle casino, I compete in the WSOP circuit main event. Also get the pleasure of commentating on the well known twitch show Live At the Bike. We also check out the world famous Mo’s Buffet. Which is a free buffet given to all contestants in the main event. Still chasing the points and the rings as we need to get more to be eligible to qualify for the Global Casino Championship $1 million freeroll! Wish us Luck!

Check out Live at the Bike weekly at:

https://www.twitch.tv/liveatthebike

contact @theryanfeldman to get a chance to play on the live streamed cash game

All my social medias:
www..com/jesse.capps.777

https://.com/jessejcapps

https://www.instagram.com/jessejcapps/

Jesse’s Youtube: https://www.youtube.com/channel/UCFmB9BynRy3rzRdiNKEkeQw
Snapchat: jessejcapps

My Poker stats:

http://pokerdb.thehendonmob.com/player.php?a=r&n=185942

http://www.wsop.com/players/profile/?playerID=91502

For all news poker go to:

https://www.pokernews.com/

Thanks to the Bicycle Casino for playing host to the Wsop circuit. Also thank you to Mo Fathipour for putting on his amazing buffet and taking care of the players. Had a great time and look forward to coming back for great cash games and really good food next time!

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LIVE PokerNews Podcast: Pot Limit Omaha w JNandez Poker

Once a part of the Upswing poker team, JNandez has recently launched his own Pot Limit Omaha course to meet the needs of his PLO community and of himself as a coach. With grace and humility JNandez shares about his goals for growing his business but also for growing poker as a whole. You can find more about JNandez PLO course here:

https://jnandezpoker.com/

To get a taste of his style and flavor check out his YouTube:

https://www.youtube.com/channel/UCQIWNGKEIHM1B6NKcbKgMEg

And Twitch Stream:

https://www.twitch.tv/jnandezpoker

Jeff Platt and Sarah Herring discuss the potential implications of a recent Supreme Court Ruling on Sports betting, 12 Circuit Rings for Val Vornicu, Adrian Mateos Wins Winnamax Event and more. You don’t want to miss this episode of the Podcast.

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Phil Ivey Wins First Live-Streamed Short Deck Tournament for $600k

The King of Poker, Phil Ivey is back and he showed today at the Short Deck Ante Only tournament at The Triton Super High Roller Series in Montenegro that he still has what it takes to be the best, as he took on Jungleman heads up to take the trophy and the 4.7m HKD ($600k). He chats to PokerNews’ Laura Cornelius about his triumph and his plans for the future.

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Wai Kin Yong Loves the Thrill of Bluffing

Wai Kin Yong, the son of Malaysian businessman and Triton founder Richard Yong talks to about his life and background in poker. He explains why he’s bored of No Limit Holdem, the thrills of bluffing, his aggressive play and why Pot Limit Omaha is his favourite game.

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Poker Commentator Kane Kalas on Broadcasting, his Famous Father, Poker and Opera Singing

Kane Kalas is commentating alongside Randy "Nanonoko" Lew at the Triton Super High Roller Series in Montenegro. In this feature interview he talks about his late father, sports commentator Harry Kalas, his love for opera singing, getting into poker and playing online at the highest stakes, as well as commentating with Randy Lew, living abroad and much more. To check out the livestream for the Triton Super High Roller Series, head to www.twitch.tv/TritonPoker

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Finnish Poker Legend Patrik Antonius Wants to See Poker Grow in Asia

Patrik Antonius, the Finnish high stakes legend of poker is making a comeback and would love to see poker grow in Asia with bigger events and more Short Deck as he sees it as a game with "the most potential". He chats to at the Triton Super High Roller Series in Montenegro, whilst playing the 1m HKD Main Event, with other high roller stars like Phil Ivey, Daniel "Jungleman" Cates and Tom Dwan.

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High Stakes Cash Player Rui Cao is a Man of the World

French poker player Rui Cao was the last player to buy in to the 1m HKD Main Event at the Triton Super High Roller Series and the first one to bust out. He chats to PokerNews’ Laura Cornelius about the crazy end of his first bullet, busting to Richard Yong, his "small" last longer with Paul Phua and where he travels to play the best cash games in the world.

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Poker Presenter Tatjana Pasalic has new job working on a farm

Croatian-born Tatjana Pasalic is the live stream host for the Triton Super High Roller Series in Montenegro 2018. Currently residing in the United States with her husband poker pro Mclean Karr and their dog, she chats to Laura Cornelius about her new life and her new job, working on a farm with cows. She also explains how excited she is to be back in the poker circuit, mixing with Super High Rollers, like Phil Ivey, Daniel "Jungleman" Cates and Tom Dwan, who are also playing at the Triton Super High Roller Series in Montenegro.

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So That Happened: Liv Boeree Shocks Poker Twitter by Defending Annie Duke

Liv Boeree recommends former professional poker player Annie Duke’s new book and goes crazy. Annie Duke came under criticism for her involvement in Epic Poker and Ultimate Bet. Famous poker players like Scott Seiver, Parker "Tonkaaaa" Talbot, Jason Mercier and David Williams all confront Liv Boeree on on this episode of So That Happened.
Be sure to check out Global Poker: https://globalpoker.com/

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Daniel "Jungleman" Cates is "Winning All the Money"

High Stakes legend Daniel "Jungleman" Cates is back in action at the Triton Super High Roller Series in Montenegro. He chats to Laura Cornelius whilst simultaneously playing "a chinese app" online for "pretty high stakes". He also talks through his 2nd place finish to Phil Ivey in the Short Deck Ante Only tournament and claims he thinks he’s "better than him at this game". With much more, be sure to watch this entertaining interview with the man of the jungle!

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Malaysian Businessman Richard Yong Finally Takes One Down

After a swingy heads up battle with High Roller favourite Steve O Dwyer, Malaysian businessman Richard Yong finally took down the second event of the Triton Super High Roller Series in Montenegro, which was a 6-Max format. After coming 2nd in the Main Event last year to Manig Loeser, he was very pleased to finally reach the top. He chats to Laura Cornelius.

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German Defending Champion Manig Loeser is No Loser

German Poker Pro Manig Loeser sits down to talk through his win last year of the Triton Super High Roller Series in Montenegro, why he loves the Triton events, how he improves his game by discussing play with other German pros like Dominik Nitsche, his thoughts on food, health and more.

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High Stakes Phenomenon Tom "Durrrr" Dwan is Back in Action in Montenegro

High Stakes Poker Player Tom "Durrrr" Dwan has been away from the mainstream poker scene a little while. But found him at the Triton Super High Roller Series in Montenegro, where he chats about where he’s been, what the games in China have been like, how he got into short deck ante only games, whether he has cryptocurrency, his favourite worldwide destinations and more.

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Pro Poker Player Jason Koon in Montengro for his First Short Deck Ante Only Tournament

Pro Poker Player Jason Koon is enjoying the beautiful delights of Montenegro for the Triton Super High Roller Series. He sits down during a break from play of the final table of the first event, to talk through what he knows about this new poker format from China, his friendship with Daniel "Jungleman" Cates, the future of poker and his plans for the upcoming World Series of Poker in Las Vegas.

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LIVE PokerNews Podcast with His and Hers Poker

Matt and Tracey Waldt are a married couple who grind live poker in Atlantic City and Philly. They host a podcast called His And Hers Poker where they weekly go through hands and take a his and hers approach to analyzing them. The podcast is engaging, informative and really inspired the player with a deep love of the game. You can find more about the guests at:

https://hisandherspoker.com/

Meanwhile Jeff Platt and Sarah Herring discuss some wild news stories to come out of the poker world this week. They talk about Bryn Kenney’s win, Grand Final Table with Patrick Antonius, Ole Schemion, David Peters and the $5 qualifier, Gordon Vayo lawsuit, poker rooms closing in Macau and more.
To play online in the US check out: https://globalpoker.com/

For complete Mens Health with discount: https://www.forhims.com/pokernews

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Why Poker HUDs are Overvalued by Poker Players

Using a HUD won’t magically turn you into a winning poker player.

PokerTracker Director Steve McLoughlin explains the true value of hand-tracking software and why heads-up displays (HUDs) are generally overvalued by poker players.

“I’ve talked to some of the most famous players in the world who insist that it’s the HUD that gives them an edge so we sat down and talked to them and at the end of the conversation they actually understand that their edge doesn’t come from the HUD,”  said PokerTracker Director Steve McLoughlin.

“It’s because they’re a superior player.”

It’s obvious that using a heads-up display backed up by a database of hands will give you more information but according to McLoughlin having a HUD won’t instantly transform you into a winning player.

The real power of tracking software, he says, comes from reviewing your game, identifying your strengths and weaknesses and combining that knowledge with what your HUD can tell you about your opponents.

“The HUD is so overvalued by poker players,” says McLoughlin. “It’s actually not as important as reviewing your game after it’s done.”

As it turns out relying only on a HUD can actually lead to mistakes in your game.

Ranges Just One Example of How HUDs are Misleading

McLoughlin ran through a few scenarios where the data you’re seeing on your heads-up display can be misleading, and keyed in on how a HUD helps you put your opponent on a range of hands.

Scotty Nguyen
Online it’s tough to spot a drunk opponent.

“Just last night I had a dinner conference with Mason Malmuth, the owner of 2+2,” McLoughlin said. “We were laughing about ranges, how they are misunderstood by most people.

“I pulled up the Hold’em hand range visualizer and I filtered to just 3-bet pots. The 3-bet pot percentage was 9.6%, so we know that the opponent is 3-betting 9.6% of the time, so what’s his range?

“And Malmuth looked at me and said, ‘Well most players will think it’s 9.6% but that is a self-weighted range and it’s not true. In reality, the range is a wider, non-weighted range.’

“And he’s absolutely right. So I pulled it up and actually over 43% of all hands were possible in the range.”

To help deal with problems like this, PokerTracker’s latest release allows you to custom-tweak your opponents’ ranges based on what you know about their play.

Other problems with data include players deviating from their standard style for a variety of reasons.

“Mind you, you might be playing against an opponent who is drunk and you don’t know it,” warned McLoughlin.

“Maybe your opponent is changing their normal playing style because they’ve been taking advantage of a loose and/or passive player. The stats don’t tell the whole story.”

The Best Poker Players Work the Hardest

McLoughlin doesn’t buy into the idea that a HUD is a quick shortcut to becoming a winning poker player. He points at the best poker players in the world to explain what it takes to become great.

“See it as owning an encyclopedia. Just because you own it, doesn’t mean it’ll make you smarter.

“With PokerTracker, to become a great player, sit down after your game and review your play, this is what the greatest players do.

“After the game is done, they’re running reports, creating filters, and learning more about their game and learning more about their opponents. They do the homework.

“It’s just like going to college. If you’re going to college it doesn’t mean you become smart. It takes time and effort. Same goes for poker.”

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10 Ways Texas Hold’em Beginners Bleed Money

New players to the game of Texas Hold’em are prone to several very common mistakes.

Avoiding these traps and mistakes will improve your game vastly and, importantly, save you a ton of money.

Poker Olymp’s Jan Meinert walks us through the most common, costliest errors beginners make in Texas Hold’em and how they can stop making them:

1. Ignoring Position

Position is one of the most important aspects in every Hold’em game. The later your turn to act in the hand, the more information you have to base your decision on.

In late position you can react to your opponents’ actions rather than guess what they might be up to. That’s why the “button” is the best position you can have. From late position you can play a lot more hands than from early position, where you have to be much tighter.

Tom Dwan
Aggression is good, but not always for beginners.

2. Being Too Aggressive

While it’s certainly important to be aggressive when playing poker, it’s even more important to choose the right timing for it.

If it’s likely your opponent has a fairly strong hand, don’t try to get him out of the pot by betting big. In the long run, this will cost you a lot of money.

Be aware that in a game with eight or more players one of them usually has a strong hand. Trying to push them off of it is almost never a good idea – people usually don’t like to and will not fold when they have a decent hand.

3. Giving Away Too Many Tells 

Many new players play and act according to the hand they’ve been dealt. More experienced players can read them like an open book.

Try not to give away too many tells (easier said than done, we know). Try not to react when you get dealt aces or hit a flush and don’t pout when you don’t hit the flop or get dealt 7-2.

It seems obvious but it’s always amazing to see how many beginners just can’t stop physically reacting to their fortune (or misfortune).

Learning how to conceal your emotions is crucial when playing live poker so take some time to practice it.

4. Sizing Bets Poorly

In No-Limit Hold’em many new players often get confused by how to size their bets properly and, as a result, bet way too much or way too little.

Mark Betts
Bet sizing is critical.

For example: It makes virtually no sense to bet $1 into a $25 pot.

If you have a decent hand, you don’t get much money in the pot and you will certainly not succeed with such a small bet if you were trying to bluff.

An easy rule of thumb is: Bet according to the size of the pot. A bet between half the size of the pot and the full amount is always a good size for a bet.

5. Playing Too Many Hands 

Playing too many hands is one of the most common mistakes beginners tend to make. Successful players play between 10 and 30 per cent of their hands.

A beginner should try to aim for the lower number. Many hands might look decent (King-Ten for example), but usually they are money losers in the long run. Just throw those hands away before the flop. 

6. Ignoring the Number of Players at the Table

Table
The number of players at the table is a big deal for hand value.

A key factor to Hold’em games is that the value of your hand decreases with the number of players left to act.

If you only have two opponents, a hand like Ace-Eight is a very good hand.

But if there are eight players left to act your hand is virtually worthless as there’s a very reasonable chance someone has a better ace or big pair.

7. Playing With Scared Money

Don’t ever play at limits that exceed your financial capabilities!

You will face a mental barrier when there is too much value attached to the chips in front of you. You will have a very hard time making good decisions and play “scared money” while your opponents are in their comfort zone and prey upon your weakness.

Rule of thumb: If one buy-in means a lot of money to you, you’re sitting at the wrong table.

8. Calling Like There’s No Tomorrow

Phil Hellmuth
Emotion at the table costs you.

Beginners tend to think that poker is about “making your hand.” So they stay in the hand until the river to see whether they hit their hand or not.

That’s terrible and expensive thinking. Poker is not about hitting your hand. It’s about winning money.

If it’s too expensive to see the next card, just let it go! If you don’t think there’s a realistic chance for you to win the hand, either by bluffing or winning at showdown, just let it go!

Every chip not lost is as valuable as any chip won.

9. Letting Emotions Dictate Play

Many poker players, not only beginners, have ego problems when playing poker. Their emotions – not their mind – dictate the way they play.

But poker punishes emotional play. You can’t force the cards to fall your way and you have to be able to withdraw when you’re clearly beaten.

Be patient and don’t make bad decisions based on emotion – too many players (even experienced ones) go broke this way.

10. Over-valuing Suits

Beginners often over-value a hand when it’s suited. King-Five of spades might look like a playable hand because it can make a flush, but flushes are quite rare in Hold’em. With suited cards you will make a flush only roughly 8% of the time. It’s not advised to count on that.

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A Step-by-Step Guide to the Independent Chip Model (ICM)

What’s a pile of chips worth, really?

ICM is the abbreviation for Independent Chip Model and every tournament poker player inevitably stumbles upon this term sooner or later.

PokerOlymp’s Arved Klöhn explains what this term means, how ICM is used in poker and why you should be familiar with it.

By Arved Klöhn

Let’s start with a very simple question: What’s a chip worth in a poker tournament?

To answer this question in a satisfying way is the whole purpose of ICM.

Why Should You Know the Value of Your Chips?

Let’s say you’re sitting in a poker tournament, have a comfortable stack and the bubble is approaching. Wouldn’t you like to know how much money you can expect to win in the long run?

What about doubling up? Is it worth it to jeopardize your healthy stack right before the bubble? And how much would it hurt your expectation to lose half your stack?

The specific payout structure of poker tournaments makes all those questions quite tricky. Twice as many chips are not always twice as valuable. Sometimes it’s much more important to just survive the bubble (or the next payout jump) than to accumulate more chips.

Simply counting your chips will rarely help you to exactly evaluate your tournament situation. You have to know what your chips are worth.

Chips 2
The value of chips can increase enormously during a tournament.

What’s the value of a chip in a poker tournament?

Let’s take a very simple example. Say you’re playing a sit-and-go:

Buy-in: $10 # of players: 10 Payouts: 1st – $50, 2nd – $30, 3rd – $20 Initial stack: 1,000 Chips

Right at the beginning of this tournament 1,000 chips are obviously worth $10. But as the tournament progresses their value will change drastically.

Let’s assume you barely make it into the money and after seven players have busted you still have 1,000 chips. But now you’re guaranteed to receive at least third-place money.

Now your 1,000 chips are worth at least $20. Even if you somehow made it into the money with just one single chip, this one chip would still be worth at least $20.

The value of chips can increase enormously during a tournament. But their value can also decrease. Let’s say you manage to win the sit-and-go. Then you will have all 10,000 chips, but only receive a $50 payout.

So now 1,000 of your chips are only worth $5.

Over the years many brilliant poker players and theorists have tried to come up with a magic formula to assign an accurate value to the number of chips a player has. The book “Mathematics of Poker” even has a whole chapter dedicated to this subject.c

After a lot of hard work the poker community came up with the Independent Chip Model, which is now broadly used to attach precise monetary values to chip counts. Every professional tournament player is familiar with this model and you should be too.

Bill Chen
Many brilliant poker players and theorists have tried to come up with a magic formula.

How ICM Works

The Independent Chip Model condenses the following two things into one value for each player:

The payout structure The stack sizes of all remaining players

Based on the stack sizes the ICM calculates for each player the probability of finishing 1st, 2nd, etc. and multiplies those probabilities with the payouts for each position.

To calculate the probability of a certain player finishing first it simply divides the number of his chips by the total amount of chips in play. The probabilities for finishing 2nd or lower are calculated in a similar but slightly more complex manner.

The calculations are in fact so complex that you usually need a computer. For 4 players one has to go though more than 20 steps of calculations. For 10 players you already need millions.

Fortunately many decent ICM calculators are freely available online.

One easy sample application of ICM

Lets go back to our previous sit-and-go example:

Buy-in: $10 # of players: 10 Payouts: 1st – $50, 2nd – $30, 3rd – $20 Initial stack: 1,000 Chips

Now let’s assume after some time only 4 players are left and these are their stack sizes:

Player 1: 5,000 Chips Player 2: 2,000 Chips Player 3: 2,000 Chips Player 4: 1,000 Chips

Now what’s the value of those chips? Simply enter the stack sizes and payouts into an ICM calculator and you will get the following results:

Player 1: 5,000 Chips ≅ $37.18 Player 2: 2,000 Chips ≅ $24.33 Player 3: 2,000 Chips ≅ $24.33 Player 4: 1,000 Chips ≅ $14.17

If we assume all players are equally skilled, they can expect to win that much in the long run.

Player 1, holding 50% of all chips, will make considerably more than second-place money. Player 2 and 3 can expect to win a bit more than third-place money. Even the short stacked Player 4 can expect to win some money.

Making Decisions Based on ICM

Chips
Call or fold? ICM will tell you.

Now we know what the chips are worth in the long run, but how does this knowledge help us make better decisions right now?

Let’s return to our example and, for simplicity’ss sake, let’s assume there are no blinds or ante in play and you are Player 3. The following situation comes up:

Player 1 (BU): 5,000 Chips Player 2 (SB): 2,000 Chips Player 3, you (BB): 2,000 Chips Player 4 (UTG): 1,000 Chips

Player 4 and Player 1 both fold and Player 2 goes all-in for 2,000 Chips. You hold Ace-Nine (unsuited) and …?

Should you call or should you fold?

Let’s further assume you know Player 2 pretty well because you play very often against him and you know he’s bluffing quite often in those situations. Overall you assume you will win the showdown six out 10 times if you call his all-in.

So you’re a favorite to win if you call but in tournaments it’s sometimes not enough to simply be the favorite. Let’s analyze the situation by using ICM.

Three things can happen after Player 2 goes all-in:

You fold (stack sizes stay the same) You call and win (now you have 4,000 chips and Player 2 is busted) You call and lose (now you are busted and Player 2 has 4,000 chips)

For all 3 situations we can now calculate the ICM values:

  Stacks after fold ICM-EV Stacks after call and win ICM-EV Stacks after call and loss ICM-EV Player 1 5,000 $37.18 5,000 $38.89 5,000 $38.89 Player 2 2,000 $24.33 0 $0 4,000 $36.44 Player 3 (you)2,000$24.334,000$36.440$0 Player 4 1,000 $14.17 1,000 $24.67 1,000 $24.67

This means if you call and win you will have 4,000 chips and those chips will net $36.44 in the long run. But if you call and lose you will have zero chips and those will net you $0 in the long run.

We’ve already established that you win the showdown 60% of the time. So we can easily calculate your expected value (EV) for calling:

EV = 60% * $36.44 + 40% * $0 = $21.86

On average you can expect to win $21.86 if you call the all-in. Now let’s compare this number to your expected value if you simply fold: $24.33 – that’s over $2 more!

This means in this example the ICM advises a fold as the best play in the long run although you are a 60% favorite to win the hand! But why is a fold the better option?

Player
ICM does the thinking for you.

Simply put: Player 4, the short stack, forces you to fold although he isn’t even involved in the hand. It’s much better for you to wait for him to bust than to jeopardize all your chips.

If you wait patiently he will probably bust before you do and you will have the third-place money guaranteed. But if you call the all-in, there is a very reasonable chance you will bust first yourself.

ICM takes those considerations into account and correctly advises you to fold.

How to Use ICM to Improve Your Tournament Game

Obviously you can’t run calculations like the one we just did on the fly at the table. You’re not going to calculate your expected ICM value during a poker game.

But ICM knowledge helps you tremendously to work on your game and to develop the right instincts for how to act and react in certain situations at the table.

Several ICM trainers are available online (unfortunately the good ones are not free), which guide you through many different tournament situations advising the best play.

Chips
It’s a great start, but ICM isn’t flawless.

Six Handy ICM Guidelines ICM always advises to call with tighter ranges in tournaments than in cash games. The first chip you have is always the most valuable. Doubling your stack never doubles the value of your chips (it’s always less). Correct ICM play has the most impact during and before the bubble. Correct ICM play usually advises you to avoid narrow all-ins if there are players left with fewer chips than you. If you have a medium-sized stack during the bubble you should almost always avoid coin flips (or 60/40 all-ins) and fold instead. Big stacks should often threaten players with medium-sized stacks during the bubble because they can only call with very narrow ranges. The Limitations of ICM

Currently the Independent Chip Model is the best-known method to value chips and evaluate tournament situations.

But although it’s broadly used and acknowledged, ICM is not flawless. Some of the drawbacks are:

ICM does not consider the position of a player (a 4BB stack on the button is usually much more valuable than the same stack in first position) ICM does not take skill differences into account ICM does not consider potential future situations (sometimes it’s better to pass on small edges and wait for a larger edge).

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Jesse Capps Poker Vlog – Episode 4 at the Bike Part One

Continuing on the tournament trail I head to the Bicycle Casino in Los Angeles, California. I fire some tournaments and pick up Kings more then a few times to go really deep. Can I find that first elusive World Series of Poker ring? Also get to play poker with the infamous James Woods. This will be the best vlog to date in terms of poker content! Vlogging the tournaments like no other vloggers have!

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