Very solid run. 1,800, 000 at the time of the chop.

 I put the pictures up. 

FTP Promotion “Piece of Ivey”

This is an excellent promotion. In order to register yourself click the Requests Tab in your FTP browser, and hit “My Promotions”

This promotion allows you to win tickets for random drawings for multiple prizes. Prizes include Cash, and a few different tournaments where you can win a percentage of Phil Ivey’s WSOP cash. This promotion started today, and will run until next month.

You can win tickets on cash games, or Tournaments with more than 30 people.

Gl to all, hope someone gets a piece!

For more information go to http://www.fulltiltpoker.com/piece-of-ivey

Super Satellite to the Double Deuce

SNG Satellites

$1.80 + $.20 ( 3 Tickets Awarded )

$0.75 + $.15 ( 1 Ticket Awarded )

Through these SNG Satellites you can win a $5.50 Ticket on Sunday into a 1:4 MTT where you will pick up the $22 Seat to the 200k Double Deuce. I use to get into this MTT weekly because it seems so easy to win the 1^st round, and people incorrectly play the ticket tournament which allows a lot of EV in getting into the DD. I recommend playing the $1.80 + .15. With the extremely deep ticket payout in this SNG, it is fairly easy to win. Some weeks I would grind out 20 or so of the satellites just to turn the $2 into T$5.50. Good Luck on the Tables.

Thanks for reading J - The Snake.

FTOP Warm Up

250,000 Guaranteed – 50k Player Max

10 Minute Blinds

$5.50 Buy-In

MTT Satellites

Super Turbo 300 Chips 1.50 + .10 (5 Min Blinds)

Turbo 1500 Chips 1.10 + .10 (5 Min Blinds)

SNG Satellites

$1.20 + .15 [2 Tickets] (3 Min Blinds)

$0.75 + .10 [1 Ticket] (3 Min Blinds)

160 FTP      [1 Ticket] (3 Min Blinds)

TP + Open Ended on the flop, call an all-in with a flush draw. I turn the straight and he rivers the Flush...

You cant win every 3-1 Favorite. 

Also Bodog is hosting a 15th Anniversary Freeroll on the 3rd. Password is in the email that was sent

out for this month. If you are having problems getting the monthly newsletter. I think you can go to the site

and have it resent to you. There is 15 $T162's up for grabs. If you win, and know you would'nt have found it 

without my help you could always send me $T1.62 as a thank you. More is always nice too. 

                            [] [] - Step 7 (2)

                          [] [] [] - Step 6 (3)

                        [] [] [] [] - Step 5 (4)

                     [] [] [] [] [] -Step 4 (5)

                  [] [] [] [] [] [] [] - Step 3 (7)

[][][][][][][][][][][][][][][][][][][] - Step 2 (20)

 Wish me good luck, I need every ounce of it. 

I am really grinding these out for the next few days.  Heres my pyramid.

Step 6 = 3                               [] [] []

Step5 = 4                              [] [] [] []

Step 4 = 6                         [] [] [] [] [] []

Step 3 = 9                    [] [] [] [] [] [] [] [] []

Step 2 = 16               [] [] [] [] [] [] [] [] [] [] [] [] [] [] [] [] 

I just wanted to let everyone know, I put a post up in the forum. It's under the Tatical Concepts,

If you are playing the step program it should be a informative read.

 I will be posting a 10 Thread Strategy Analysis on the Steps. 

Thanks for your time. 

The Snake

First off I would like to thank all the rounders that railed me last night on the game.

 Saturday, and Sunday this week I have played and cashed in this game (I will have screenshots

up in my profile) I made a pretty decent cash on saturday, and a even deeper run on sunday

Sitting with 450k in chips, I took some really bad flops last night. 

 QQ - ace on the flop. 

1010 - ace on the flop. 

KK lost to QQ all in preflop.

I still managed to cash in the top 100, but dissapointed I could'nt get some luck there at the end. 

I am gonna try to Hat Trick the game tonight.

 Pokerstars 40k guaranteed stars at 8pm.

 Grenade101 is my Screen name if you are interested in getting on rail.  

Mtt Strategy: Understanding how blind levels effect the volatility of your play

-         Upon the start of the tournament the first thing you should do is figure out where, and what the blinds are.

o       Where

§         How close is it until the next blind increase?

§         How close is it until the blinds hit you?

By careful timing you can find yourself in the best position with the blinds paid at the previous limit. This is more advantageous with 50% of the field remaining. In the building stages of a tournament, blinds can be pretty comparative to your stack size. Players that realize how to do this gain a great advantage in floating the mid to later stages of the tournament.

-         Later in tournaments as blinds increase they often becoming more comparative to stack size, the ratio at which your chipstack is comparative to the table average, and remaining average will allow you to assess the volitily of your play.

Volatility is used to quantify the risk of an instrument over a time period.

Over time volatility always increases

As a tournament progresses bets are increased due the blind levels and chips stacks increasing. Your plays should be weighted on a risk/reward ratio and if you are around or in ITM the volatility increases heavily due to the position you are in and the pay at which they are paying.

An instrument that is more volatile is likely to increase or decrease in value more than one that is less volatile.

This concept can be used an understood a few ways on the poker table.

As blinds are concerned, the higher the blinds (In ratio) to the average table chipstack the more likely someone will have to bet a higher percentage of their stack assuming a higher risk for a larger (percentage) reward. In these stages of increase preserving your chipstack for the right hand is essential as you are more probable to be raised a large part of your stack with intentions of going on all-in.

There is also a player complex as a rock TAG in the longrun will be in less hands with an advantage in card selection will assume less risk than a HAG player.

Volatility does not imply direction

A HAG player is more likely to increase his stack, and also loose his stack. As a TAG player is more likely to steadily increase, decrease or float. At certain points of volatility it is more advantageous to play a certain style

                                       Volatility smile

In finance, the volatility smile is a long-observed pattern in which at the money options tend to have lower implied volatility than in- or out-of-the-money options.

It is called a smile because plotted on a graph volatility is at its lowest on or around the money and highest at the start and end of its segment. This creates a smile.

The less volatility of a situation generally implies players are playing a tighter range of hands preflop and postflop, as all the players are going to be less susceptible to play all in pots without a big pair, trips or better.

Overall I feel understanding the volatility of the situation is one of the key concepts to MTT strategy. Though I did not provide standard deviation formulas, I hope I provided an non-mathematical understanding as to how volatility can and should effect your play throughout the MTT field. Making assumed risks prior to contemplating positional value, and folding equity will cause you to make errors in late stages in tournaments. Believe me I know, and that is why I am writing this. To drill it into my brain how early volatility is want you want so you have the possibility to accrue enough chips to sit through the field, but later to change gears to give myself (an aggressive player) an advantage not only by reducing risk in later stages when each position is more valuable but switching gears to rock TAG so that the range at which people will call me will be based on them still thinking I am HAG