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Spin doctors

Stories of pros spinning up hundreds into thousands in a matter of days are commonplace

Every amateur cash player must have thought about sitting short-stacked at a game they have no right to be in and spinning their winnings up to thousands through a combination of timing and blind luck. Few ever take the risk, and with good reason.

Plonking your entire bankroll onto a table you’re severely under-rolled for is an ultra-risky strategy and one that goes against every precept of correct bankroll management. Whether you’re playing at $0.10/$0.20 or $10/$20, it’s a sure path to being broke.

However, there is a smarter way to spin up some fast cash without busting your bankroll. This article looks to answer this question: if your profit for the month was $1,000, what would be the best way to spin that up to a small fortune in the shortest time possible?

MANAGEMENT TRAINING

John Tabatabai, the charismatic runner- up of the World Series of Europe, says the most important consideration is how you spread that $1,000 from the very start. There’s definitely a right way and wrong way to do it – and he learned the wrong way first. ‘I’m reformed now – I’m a good boy,’ he laughs.

‘What I used to do was deposit between $500 and $1k all on one site. I’d start off at $1/$2 (no-limit hold’em) and always play two tables and have 50% of my bankroll spread across them. As soon as I got to $1,600 or $1,800, I’d move up to $2/$4. By the end of the session, I’d usually end up with everything on the table.’

Tabatabai explains that the main problem with committing all his eggs to one basket was the psychological barrier that comes from playing with what was essentially scared money.

‘It was super- risky. If I had a big decision to make it was so tough, because I knew if I got it wrong I’d be wiped out. I’d work for six or seven days to get to $10/$20 with a 4k stack and make a bad call against what I thought was a big bluff... and be stuck.’

After clocking up thousands of hours of online experience since, Tabatabai says that if he was given $1,000 to spin up today, he’d still open up two tables at $1/$2, to counteract the vagaries of variance, but the main difference would be the way he distributed his funds.

‘I think the safest and quickest way is to have between 20% and 25% exposure at all times. So I’d open the two tables of $1/$2 with $100 at each.’

Another fan of the multi-tabling/ limited exposure technique is Wayne Blodwell (aka ‘blodders03’ or ‘Borg Queen’), a Bad Beat Trader who turned $400 into $15k in one six-hour session and frequently turns three figures into five. Multi-tabling not only staves off variance, says Blodwell, but it can also stave off distraction. ‘With one table I make stupid decisions. With two I keep my focus on the players,’ he says.

Like Tabatabai, Blodwell has never had problems making money online – only keeping it. Staying disciplined with a limited bankroll is key. ‘When you get past $10/$20, you shouldn’t put more than half of your bankroll at any one table – like I used to. If you’re doing a spin-up, put a quarter.’

PICK YOUR PREY

If a successful spin-up is on your mind then picking the right game is an absolute must, says Ed Hollis. The player better known as ‘bluescouse’ has been detailing the highs and lows of his online poker career in his blog ‘88% Concentration’ over the past two years. In that time he has run up a bankroll from nothing to over £100k several times, hitting a high of £235k on one occasion (and later losing it all). In his experience, leaving your ego at the door is obligatory.

‘Don’t join a table where all the players are decent or good if you can help it,’ says Hollis. ‘Even if you have an edge, it puts a lot of pressure on your bankroll and increases the luck factor.’ Telltale signs of weak players should be easy to spot: calling a lot pre- flop, half-pot bet sizes and calling off chips with weak hands consistently.

SHORT SHARP SHOCK

There is a more straightforward way to spin up some cash than simply playing at a higher level. Buying in very short and looking to shove pre-flop with good hands is a common straegy online. If you’re buying in very short (say 20 big blinds), then InsidePoker writer and BlueSquare pro Karl Mahrenholz says data-mining is vital. If you don’t have the software, however, literally sitting and watching can yield similar results.

‘Ignore the lobby stats,’ says Karl. ‘They can be quite misleading. If there’s been one huge pot then the average pot might be a lot bigger than all the other tables when in reality it’s playing a lot tighter. I think you get a much better idea if you open up the table. You’re looking for players who are raising a lot pre-flop. You won’t get that from the lobby.’

A feature common to players like Tabatabai and Blodwell is that because they find spinning up so easy, their impatience to move up gets the better of them. ‘When I got to the mid-stakes, $2/$4 or $5/$10, I’d usually calm down, telling myself, “This time I’m going to play sensibly.” But I’d play a week or two, get to $30k and instead of playing for five or six months, I’d want to be a dick and move up to $10/$20.’

If he had his time again, Tabatabai claims that to safely spin up, he would set himself daily goals. ‘The first day I’d try to win five buy-ins and double my bankroll to $2k. The next day I’d play two $2/$4 tables with a $200 buy-in and do the same thing. I’d do a lot of hit-and-runs. By that I mean I’d sit there until I hit $800 and then leave. Let’s say you’re unsuccessful twice and you’re successful twice.

The times you’re unsuccessful you’ve lost $400 and the times you’re successful you’ve made $600 profit on each table. That means $800 profit overall. For the next day you’re up to $2,800. I’d spend the next five or so days doing the same hit-and-runs at $2/$4. After those five days, you could easily be up to $6k or $7k, giving you a lot more space to do stuff.’

Blodwell reckons the very idea of a ‘spin-up’ can mislead players into trying to do things as quickly as possible, even if it means sacrificing optimal play. ‘In the past I might have been going out in half an hour and I’d still sit down and play. Spin-ups can happen quickly, but don’t just sit there and think, “I have to do this in ten minutes” because you’ll just end up making poor decisions.’


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Extra Info

The normal rules of deep-stack cash-game poker don’t always apply when spinning up. Here are the top tips from the pros if you’re sitting down short...

PRE-FLOP POKER
‘If a player has bet and another has raised, I’ll obviously push in with Aces, but everything else is dependent on my feel of the table. Let’s say I had $1k on a $10/$20 table and raised to $80 and was re-raised to $280. Depending on the player I’d probably fold Queens or Jacks. I’m waiting for the best situation to come up rather than the best hand.’ WAYNE BLODWELL

TOURNAMENT STRATEGY
‘I’d play in a tournament-style way. If one player raises to $200, there are two callers and there’s already a grand in the middle, then I’m pushing with any reasonable hand like 10-6 or 10-7. I might win it there and then but if someone calls me, I know no one has that strong a hand apart from the player that opened, so I can’t be in that bad shape really.’ JOHN TABATABAI

TIGHT IS NOT RIGHT
‘If you’re looking to build quickly, you want to play as many hands as possible with the weak players. Playing tight is only recommended if you’re looking to build steadily or if you lose several buy-ins and want to stop the rot or change your approach. You can also tighten up if you find the strongest players on the table are willing to re-raise you with medium-strong hands.’ ED HOLLIS

Q&A

BlueSquare pro Karl Mahrenholz explains how he’d spin up $1k

What’s the thinking behind your table selection and how much would you sit down with?
No-limit hold’em is not the best action game, so if you’re looking for a quick spin-up, then I’d go down the pot- limit Omaha route. If it was over the space of one or two weeks rather than one night, I’d take it a lot more slowly, and have three buy-ins at a $2/$4 table. But traditionally what you do in a spin-up is try and spin it up as quickly as possible, which means putting that $1k on the biggest table possible. That would be the minimum for the $25/$50 but there’s obviously a very high chance of losing the lot.

What would your tactics be?

The idea is to wait for a hand like Aces – which in Omaha is obviously going to come quicker than hold’em. When someone raises, you re-raise the pot and, as you’re sitting with a minimum stack, you’re pretty much going to be able to get half your stack in pre-flop. Generally they’re going to call you. You’re going to be favourite to win the hand and you just go with it on the flop. You haven’t got enough of a stack to play correct poker, so you’re waiting for one hand to push pre-flop.

Would you plump for a short-handed, full-handed or heads-up table?

It’s better to try and join a full-handed table. If you’re playing three-handed and try to wait for Aces, you’re going to get blinded down too quickly. You could do it with six, but the shorter the table the more pressure there is on you to find hands quicker. I don’t think heads-up works as a short-stack either. If you’re not a very experienced player you’re just dead money because you’re forced to play a lot of hands.

Once you’ve doubled up, would you keep playing?
I would leave straight away. If you’re short-stacking at the $25/$50, you’re not going to be one of the best players in the game, so you’re not looking to play with a deep stack. You’re just trying to get your money in good and double up. Remember though, that although you might be getting your money in good, you’re going to be favourite to go bust.

 
 

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