I would like to add to Krackers post before it is answered by the Professor or other 'savvy' forum member, as I think it bears some relevance to what Krackers is getting at..
having come across the course yesterday (which looks excellent by the way!) I was keen to get started and have my first crack at playing for real money - (I've been playing for 3 weeks with Play Money and felt ready).
Due to technical problems with Hollywood Poker site I was unable to make a deposit so instead I tried out the strategy on
Party Poker (which I believe ought to deliver similar results, though perhaps slightly less profitable).
Begginning on a 0.05 / .10 cents NL longhand table and applying the strategy using the starting hand chart I found that the following always occurred:
Just about every time I performed an opening raise, all other players would fold. The same would inevitably happen if any other player made an opening raise. So, in effect, every good hand I was dealt and played paid no dividends whatsoever and after a while my stack was ebbing away. On the few occassions this didn't happen, the winning pots were so tiny they made little difference. At the same time, on every hand, many players would limp into the flop (so long as no-one had made a raise!) and then continue limping all the way through to the River. I always make notes on every player's stack when I enter the game, and after playing for an hour barely anyone's stack had changed at all (except mine!)! This all seemd a bit pointless so I left having lost 75% of my stack.
I then joined in a 0.25 / 0.50 cents game with a renewed stack of $15, after observing for a while. The character of play seemed to make more sense with player's making more significant wins and losses. However, the same phenomenom was occurring: 90% of the time any intial raise, however small, would be followed by everyone else folding, so the course strategy I wanted to follow just didn't stand a chance of succeeding. I lost 75% of my stack again before loosening my play a bit and chasing a few draws (using hand odds and pot odds..not just chasing foolishly!); but the biggest difference was made by simply never raising before the flop or turn - this would keep other players in the pot. I soon recouped all my losses from both games, and then quit.
My point is not to doubt the validity of the course..after all, maybe I should have just waited until I could get a game on Hollywood Poker and I suppose I disobeyed the rules a bit by doing my own thing. But surely the strategy is also relevant to
poker rooms other than Hollywood Poker? From my own observations it seems that the higher the stakes game, the more chance your prescribed strategy has of working. What was going wrong here, and how wrong was I to play
Party Poker instead of Hollywood Poker??