Thursday, March 23, 2006

Finding an Online Niche

Finding the right hole...


Since I've started multitabling it's hard to justify playing much live poker in these parts. I have to drive an hour to play 10 20 LHE or higher with a decent rake. Otherwise I'm playing at some 10 20 club game where they are raking $10+ a pot and I just won't support people fleecing players. Combine that with drive time, wait lists, tipping, etc, etc...you know all the arguments for playing online these days.

So, I've started playing more online. I've played a bit of 10 20 full ring Omaha8 on Party and Pacific and these games are very soft. Mostly I've been playing 6max sngs since the Party upgrade and I am now averaging $40/h playing the $22s through to $55s depending on my mood. The $22s have to be the softest games I've ever seen, with my ITM hovering over 70%. That means every 7 out of 10 games I play at that level I'm finishing first or second. Now, I'm a good player, but the opposition is terrible at that limit to have that great an edge.

The last week or so I've also been playing some HU PLO/PLO8/Stud8 on Absolute Poker. The structure is just perfect for HU play, allowing alot of play but not dragging things on ridiculously long like the same games on Stars or forcing the issue like Paradise. For a fairly small site they really get some frequent Omaha and Stud HU games going at the $20 and $50 levels on there. I have been destroying these games, winning 80% in the past week. There are simply some terrible players playing these variations of poker heads-up on Absolute.

So, with the Party upgrade I am fortunate to have a wide selection of 6 handed sngs to play. I haven't played a single hand of holdem ring online in over a month, it really bores me...although there is obviously money sitting out there to be had.

Online MTTs just aren't something I can focus on. I play one once in a while, but only as a third or fourth table. I understand that these aren't something to gain a steady profit from. Same with the Party Steps tournies...I've yet to money in one, but I haven't invested very much due to the easy recycling structure.

The importance of finding games that interest me and that are profitable has been important in maintaining a focused online game. For now I play whatever I'm in the mood for..HU or 6max sngs. Both have been very profitable so far. I still mix in some live poker, although I've missed a couple of weeks of the Wednesday night hi/lo at The Office -- one of the softest games around. I've been more in the mood for NL tournaments, but have just been playing low limit $50-$75 games lately, mostly just for fun here and there.