Friday, 4 April 2014

3rd in $33 Omania - Biggest PLO cash to date!

As you know, the Omanias are always on my daily schedule, be it the $5 PLO, the $8.80 NLO8 or the $33 PLO, and they are some of the softest tournaments all day. Along with the smaller rebuys, like the $3r PLO and the $5r PLO8, they seem to attract the largest amount of recreational players, mainly due to their large prizepools compared to the rest of the schedule, thus it's pretty simple to go deep, and even win these tournaments without ever having to play tricky. Simple ABC poker and playing a slightly more aggressive style than your average fish will show a healthy ROI.

I've had a fair bit of success in the Omanias, most notably shipping the morning $16.50 PLO8 twice and the NLO8 once as well as numerous other final tables but this one was by far the biggest. In fact, the top three prizes for this tournament were bigger than the first place pays out normally in any of the other Omanias I normally play. I would get into a discussion around this point that the Omania prize pools are slipping but that's something for another post. All I'll say here though is that unfortunately many at the moment are not hitting their guarantees during the week, especially the $5 PLO which seems to be missing it daily.



As for the actual tournament, like I discussed before, I didn't get up to anything fancy. Chipping up in the early and middle stages seemed to be a breeze as people seem very happy to call off with very little equity quite regularly. By the time we hit the bubble I'd managed to grind my stack up to a healthy 30k, approximately 25BBs. It's around here that the field seems to massively tighten up, with good reason sometimes as the min cash tends to be around $70. For the more experienced big stacks like myself, it's a great opportunity to put some pressure on the weaker players and the short stacks. I tend to take advantage of my HUD stats at this point because they can instantly tell me what my plan of action is against certain players. Against the loose passive fish which have lucked their way to this point by limping any four cards and smashing the flop, I can raise to isolate them into heads up pots and simply bet out small on all flops expect to get a fold a very large percentage of the time. Against tight players in the blind I can simply raise any unopened pot to steal the blinds and against better players I can tighten up and play solid poker.

By the time the bubble burst, the average stack was around 10BBs and we lost half the field within two orbits. Due to the fast structure and the general tight nature of PLO MTTs, the stacks never really consolidated and even up to the final two tables, average stacks remained short. I manage to keep a top 5-10 for the majority of the late stages by playing tight aggressive poker against the weaker players and managing to get AAxx in a fair few times preflop and holding. In fact, I manage to burst the final table bubble by doubling up through one of the bigger stacks while holding AAxx, and finishing him off the next hand with KKxx.

Nothing particularly special happened for the first part of the final table. The big stacks kept piling on the pressure and one by one the short stacks fell. By the time we got to four handed play I was the short stack myself but once again I managed to double holding AAxx and the chip leader finished the villain off to set up three handed play. Now here's where things got interesting.

The chip leader was a solid reg that unfortunately I didn't have many hands with but luckily a fellow grinder had, so he was able to give me some good reads that I felt I could use. I was second in chips by around 6-7BBs and the short stack, who was only around 5BBs behind me, was a weaker player who was probably a recreational poker player at best, and probably had very little experience playing PLO MTTs. The short stack immediately suggested a chop and as the money on the line was getting pretty big, I agreed to have a look at the numbers. The moderated posted the chip chop figures of $1.9k for the chip leader, $1.8k for me and $1.7k for the short stack. The other players quickly agreed but I hesitated. The original payout figures stood at $2.3k for the winner, $1.8k for 2nd and $1.3k for third. Although the deal would guarantee me a 2nd place payout, I believed I had a huge edge against the short stack, and between myself and the chip leader, we could apply a lot of pressure on him, grind him down and eventually bust him. At that point I could deal with the solid reg for a figure around $2.1k. It seemed a bit risky to pass up possibly $500 for a chance to win an extra $300, but I felt confident in my short handed PLO game and so believed it was right to turn down the deal. I still do.



Unfortunately for me, the best laid plans don't always turn out the way you want them to. A few hands later the weaker player opened from the SB, I 3-bet with KK87s and called his 4-bet jam. He flipped over AJ87ds which made me a small favourite but he managed to river a straight to take the pot and leave me crippled. The next hand I got it in with the reg with some decent equity but he held to send me home in 3rd for $1.3k.

I've gone over the deal discussion in my mind time and time again and even talked about it with some other MTT regulars who had more deal making experience than me, but the general consensus is that rejecting the deal was fine and that I shouldn't be disappointed that the risk didn't pay off. I'd probably do the same if I was put in the same position again and who knows, it may work out better for me that time. For now though, I'm pretty happy to get my biggest PLO cash to date, and first four-figure PLO cash, and look forward to possibly racking up a few more. My confidence at the game has shot up now that I'm winning at it again, and I genuinely feel like another big score could be just around the corner. Of course, should that happen, I'll let you folks know straight away! Until then though, I wish you all good luck at the tables and I'll speak to you all soon!

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