The Betfair Interview: Lou Krieger

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Lou Krieger is one of the most prolific and well-regarded poker authors around, having written or co-written 11 different books on poker and gambling as well as numerous columns for various publications over the last two decades. Krieger is also the editor of Poker Player Newspaper and hosts a weekly podcast called “Keep Flopping Aces.”

Given his authorship of so many poker titles and his familiarity with the publishing industry, I thought Krieger would be an interesting person to talk to about the current status of poker books and how that status may have changed over the years. We ended up discussing a number of topics when I appeared on his podcast recently, but I’d like to share with you some excerpts from the part of our discussion that specifically dealt with poker books and publishing.

I began my questions of Krieger with one about an ad for an online poker site I recently saw that had something to say about poker books.

Short-Stacked Shamus: In the latest issue of Bluff Magazine one finds an ad for Full Tilt Poker. On the left-hand side of the ad there is a stack of books with the following written over them: “Books can tell you about the strategies, the common scenarios, the mathematics, odds and proven methods, and all the ways you are supposed to play the game.” Then over on the right one sees a photo of Chris “Jesus” Ferguson, next to whom is written “But books don’t play poker.”

As someone who has written a lot of poker strategy books and has thought a lot about the purposes they serve, how do you respond to the ideas present in an ad like that?

Lou Krieger: First of all, I think it’s a good ad, because it’s compelling.

SSS: Yes, it is.

LK: Secondly, I think where it sort of leads you astray is that yes, you know, [the ad is right to say that] books can tell you things but they don’t play poker… they certainly don’t play poker at the level of Chris Ferguson. Anybody who thinks that his book will make somebody a poker player of the ability of Chris Ferguson is absolutely mad. It will not.

For me, I consciously said to myself when I sat down to write my books, “Who am I writing for? What’s the audience?” I have always written pretty much for the beginning and moderate poker player because that audience is infinitely larger than a book I could write that will be helpful to somebody at Ferguson’s level.

SSS: I guess in terms of achieving the widest possible audience, too, you might write a very useful and interesting book to the more experienced player, but you’re destined to sell fewer copies of a book like that.

LK: Yes, absolutely. And that’s the truth of almost any how-to book that you can imagine. All of the books on how to improve your golf or how to play tennis, they’re not aimed at the pros. They are aimed at the players of limited ability like the vast majority of us are who are going to go out and buy those books.

SSS: You’ve written 11 books. The first one was Hold’em Excellence, yes?

LK: Right. That was written in 1995, I believe. Way before the poker boom started… it was a totally different universe.

poker-for-dummies.jpgI wrote Hold’em Excellence and More Hold’em Excellence, which was the follow up to it. Then I had a proposal to do Poker for Dummies. I really wanted to do a “For Dummies” book because I thought that, you know, there’s a book that’s a brand, and if I do a “For Dummies” poker book it really legitimizes me in terms of being a good poker writer and in the marketplace, because it’s a big huge publisher and not a small self-published book.

[So I did] Poker for Dummies [with Richard D. Harroch], then the poker boom hit. It sounds like the dark ages, but it was less than a decade ago. Chris Moneymaker won the World Series of Poker, and every publisher and his brother wanted a poker book written.

Since I already had books out and I’d written a “For Dummies” book I was a known quantity so they called me. I wound up writing about five or six books in four years. It was just nonstop writing, and I knew that I might as well do it now because this poker boom is going to be like hula hoops… it ain’t lasting forever. So as long as they’re sending me advances and asking me to write a book for them, I might as well say yes. And so I kept writing books. I think one year I had four books come out, which is just insane.

SSS: Tell me about your motives for writing poker books.

LK: I think the motivation for writing is twofold. Number one is I like to write. So I enjoy writing. And [number two,] the process of writing, of having to put words on paper, forces you to clarify your thoughts. You can’t be ambivalent. You can’t believe it’s one way on Tuesday and another way on Wednesday. You have to take a position about something. You have to offer advice that’s clear, concise, works, and holds up, so you have to think it through.

As a result, the act of writing, like the act of teaching… the person that often gets the most out of it is the writer or teacher himself. I’ve learned more from writing books than I could have gotten any other way I can think of.

SSS: So how has the poker publishing world changed from before the poker boom to after?

LK: [With those pre-boom titles] there was some [degree] of the market crying for [them]. Unfortunately that’s not the case anymore. The market for poker books is pretty swamped. And during that same time [i.e., the mid-90s to today] the publishing industry at large has been undergoing incredible changes, shrinking and collapsing, etc. So you have that happening.

SSS: How about the very recent past — the last year or two. It seems as if in the industry there is less buzz now about books. I’m really just speaking of the last year, maybe two years…. There is so much more to compete with books today. If you’re a poker player and you want information, you can go online, you can go to the forums, you can go to training sites or forums… there are a lot more exciting ways to get that information than from books.

LK: There’s also that phenomenon of how publishers are a lot more risk averse than they used to be. It used to be that 10-15 years ago they would take chances on a book if they liked it, if it was literate, if it had something going for it, whereas now they are looking for pretty much sure things…. More and more publishers are looking for “me too” kinds of books, whatever the subject matter is. And the general thinking in the publishing industry is that poker, at least for right now, has pretty much played out as an interesting topic for a book….

[You could say] the publishing industry is hunkering down. They are getting very conservative about what they release, and they’re unwilling to take risks. They are only playing aces and kings. Whereas in the past they would take a flyer on a nine-eight suited.

SSS: Yeah, that’s right.

LK: You know what’s a very interesting phenomenon… when we talk about poker books being played out, we’re really talking about hold’em books being overdone. Nobody’s writing about the other forms of poker. In fact, Mark Tenner, who came in second in last year’s WSOP Omaha/8 event, he and I wrote a book called Winning Omaha/8 Poker in 2003. And we are in the process now of doing a second edition, adding a substantial amount of new material.

But in the seven years since this book has come out there’s not been another book written about Omaha. There have been a gazillion books written about hold’em, and Omaha at one time was called the game of the future. Yes, there’s been one or two PLO books written…

SSS: Yes, Jeff Hwang has written a couple of PLO books that I like a lot. [Note: Hwang's first Omaha book, Pot-Limit Omaha Poker, does contain a section devoted to Omaha/8.] There probably is an Omaha/8 book [written since 2003] somewhere, but you guys are pretty much alone on the shelf there.

LK: Yeah, and so we’re going to come out with a second edition. The publisher says he’s getting interest from some people who want a new one, so we’ll see what happens. But when we talk about the poker book business we’re really talking about the no-limit Texas hold’em book business.

Much thanks to Lou Krieger for taking the time. If you are interested in hearing the full interview — as well as Krieger asking me questions about my background and poker writing — you can download and listen to the archived episode of “Keep Flopping Aces” over on the Rounders Radio site. Also, for more information about Krieger, his blog, and his books (including ways to order), visit his website at LouKrieger.com.

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David Benyamine wins Party Poker Premier League IV

Posted by: admin  //  Category: ACC, Articles, CA, CES, Casino, Casinos, Daniel Negreanu, Dream, Final Table, Hotels, Las Vegas, M Resort and Casino, M resort, News, Object, Online, Online Poker, Other, PLO, Party Poker, PartyPoker, PartyPoker.com, Phil Laak, Poker, Roland de Wolfe, TV, UB, UNC, WSOP, YES, absolut, ads, article, b, book, bracelet, bracelet winner, british, chances, competition, d, days, director, eve, event, facebook, fan, final, forum, game, heads-up, hot, hotel, ing, jpg, line up, masters, match, new, night, party, people, person, personal, players, premier, premier-league, race, results, reviews, river, s, spa, team, the m resort, things, time, tour, tournament, vegas, wedoitallvegas, winning, world

French poker pro, David Benyamine, has taken down Party Poker’s Premier League IV tournament held at the M Resort and Casino in Las Vegas after outlasting a final table that featured fellow pros Daniel Negreanu, Phil “The Unabomber” Laak, Roland De Wolfe, Luke ‘FullFlush’ Schwartz and PartyPoker’s online qualifier Giovanni Safina.

After the the preliminary heads up heats between Daniel Negreanu, Team Party pro Ian Frazer and Roland De Wolfe, the final table action began with Phil Laak taking leading the chip count with 480.000 . But after more than three hours of play, Laak became the first eliminated player on the final table when tens were unable to hold against Benyamine’s A-K.

The next to go was British Pro Roland de Wolfe, who was sent to the rail in fifth by Daniel Negreanu. Unfortunatelly for Negreanu, he joined de Wolfe on the rail shortly afterwards. Schwartz and Benyamine entered the final heads up after after Schwartz eliminated online qualifier Giovanni Safina in third place with $120,000.

Schwartz took an early advantage in heads-up play with 1,320,000 chips againts Benyamine’s 580,000. However, it didn’t take long for Benyamine to double his chips and level things up. In the final hand of the night, Schwartz raise with Q-2 spades and Benyamine make the call with Q-8.

The flop came 5-3-Q and Benyamine check-raised, with Schwartz moving all. After a few minutes contemplating the situation, Benyamine called. The turn card was a 7h, reducing Schwartz chances to win the hand and the title. The river came 6 hearts, sealing Benyamine’s victory and sending Schwartz home with $200,000 for his runner-up finish.

“It feels really good winning a title, I’m not used to it. The whole time I never thought about winning, I just wanted to do what I thought was right. I know people always say that when they win but it’s true. I haven’t really been around for a while and I hope this gives me momentum going forward! I really enjoyed the format and competition – I’m sure it will make great TV. Position in these final tables can help and I didn’t do anything special today, I just got hands at the right time and played my own game. Luke (Schwartz) is a very impulsive player but I just stuck to my own game heads-up and it was enough.” said Benyamine after taking the event.

“Congratulations to David - it has been a fantastic week and was such a spectacle at a fantastic location in the form of the M Resort. The story of Giovanni Safina is inspiring, what a dream ticket for 100 euros! Yes, you get an online poker qualifier who wins millions in a big tournament quite frequently but this was different. You had an online qualifier who was thrown in the lions den in a league over seven intense days with players at the top of their game and those who were masters of table intimidation. He did himself proud - he never once shirked and deserves all the acclaim he has already got back in his homeland.” commented a PartyPoker spokesman.

“Bringing the Party Poker Premier League to Las Vegas has taken the world’s best distributed poker show to a whole new level – this is simply must see TV, it has been amazing. Everybody has also enjoyed the fantastic facilities and service of the M Resort. I would like to personally thank Richar Fitoussi and all the team there for being such wonderful hosts.” said Eddie Hearn, Director of Matchroom Sport.

Party Poker Premier League IV Final Table Results:

1st: David Benyamine ($400,000)
2nd: Luke ‘FullFlush’ Schwartz ($200,000)
3rd: Giovanni Safina ($100,000)
4th: Daniel Negreanu ($80,000)
5th: Roland De Wolfe ($70,000)
6th: Phil Laak ($50,000)

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Poker Players Alliance testifies before California Committee

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The Poker Players Alliance (PPA) testified today before the California Senate Governmental Organization Committee in a hearing appointed to investigate the possibility of licensing and regulating intrastate internet poker.

“The PPA respects the due-diligence of the Committee to investigate “if” online poker can be regulated, and we stand here to tell you that it unquestionably can be regulated, and in fact, already is being regulated, very effectively, across the globe in well-respected jurisdictions. The U.S. Congress is debating federal bills that would establish a licensed and regulated online poker marketplace, which the PPA strongly supports.” said John Pappas, executive director of the PPA, who testified along with PPA’s California State Director Steven J. Miller.

“Given California’s love affair with poker, the PPA and our members feel strongly that if the state decides to go down the path of intra-state licensed and regulated Internet poker it must do it with the long-term needs of the consumer and of the State and California Tribes in mind.” testified Miller.

The PPA made several observations and suggested the Committee to consider the benefits of having an effective intrastate licensing and regulation. Among the requests made by the PPA are: Respect the consumer, ensure competition to eliminate monopolies, increase innovation and incentive consumers, and protect access to the global poker marketplace. For PPA members,  limiting the play to California players will hurt the consumers, and the potential tax revenue for the state of California. If a player can’t find a game online that they want to play, they will simply not play and that means that an opportunity to generate tax revenue is lost.

“A conservative strategy is the favored approach when considering the future of online poker regulation in California. It would be unwise to push “all-in” on an intra-state monopoly that favors a consortium of interests when it is the consumers who ultimately hold the best hand,” concluded Pappas.

Customized Poker Chips

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Timeform Daily: Thursday, Huntingdon 3:10

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Triumph hopeful Sang Bleu should leave his British debut behind in due course, but fellow ex-Frenchman Star Du Granits could hold him up a while longer if building on his impressive winning start at Plumpton.

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Play the Game Existence to the End of the Beginning

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'Revolver' (1966), The Beatles“Back to quits” is one of my favorite poker expressions, although I don’t think it is one that is all that commonly known or used. I don’t see it in The Official Dictionary Poker by Michael Weisenberg, accessible online over at Mike Caro’s site. Nor does it appear in The Poker Encyclopedia compiled by Ethan Allan and Hannah Mackay.

Can’t recall exactly where I first encountered it. I know Anthony Holden uses the phrase in Big Deal, which is why I think of it as probably more of a British term — like calling a player a “punter” or the pot the “pool.” Early in the book, Holden describes starting out his year-long experiment as a poker professional with some losses, followed by a couple of cashes in small tourneys and “a run of cards in a £5-and-£10 Hold ’Em side game, which got my bankroll back to quits.”

The meaning of the phrase is clear enough, I assume — getting back to even. I like the way the phrase connotes that irrational feeling we’ve all had that makes recovering one’s starting stack a requirement for leaving the game.

We know it’s wrong to think this way. “Perhaps the stupidest words in poker are ‘I’ve got to get even,” writes Al Schoonmaker in Your Worst Poker Enemy. “When you feel that way, you are in danger of turning an unpleasant loss into a catastrophe,” explains the psychologist. “You can get further off balance, play more poorly or perhaps go to a larger game or the craps table, desperately trying to get even.”

Thus do I like calling it getting “back to quits” rather than getting even, because the phrase tends to remind me that my real goal is simply to leave the game — which perhaps I should consider going ahead and doing rather than pressuring myself to recoup my losses. In other words, realizing that I’m simply trying to get “back to quits” sometimes helps me get up from the table sooner — not always easy to do. (Wrote about that a couple of times before, actually, in “Poker Sisyphean Challenge” and “The Long Goodbye”).

I sometimes marvel at how this mindfulness of how much I am up or down perfectly evokes the existentialist idea of “making meaning” — in this case, interpreting the meaning of my play according to what is necessarily a wholly subjective criterion that only really matters to me. In fact, depending on how aware my opponents are, sometimes I might be the only one who even knows if I’m up or down. And even if others are aware, they haven’t a true idea what the significance of being up or down (by a lot or a little) means to me, anyway.

It was during another session of Rush Poker (pot-limit Omaha, six-handed, $25 buy-in) that I found myself thinking about all of these things once again. Despite playing a few hands well early on, I’d taken a couple of unfortunate beats, then made a couple of missteps to take me nearly two buy-ins down. I gradually fought back, and without winning any large pots managed to get almost “back to quits” before signing off.

As those who have played Rush Poker know, with each new hand you are taken to a new table. After a while, you do start to see the same players, and it is even possible to get reads and use them (especially if you are a note-taker). But a lot of what happens in each individual hand happens without the usual contextual info of the standard game.

I realized absolutely no one knew whether I was up or down during my session. In fact, towards the end I was sitting with a fairly big stack (nearly three buy-ins deep), but was still down a couple of bucks. Nor did anyone know if I’d been playing well or poorly.

A hand came up where it folded to me on the button and I raised pot with a trash hand. As I did, I momentarily thought of my “image” and its significance (or lack thereof). My opponents didn’t really know if I was the sort of player who sometimes would raise with bad cards there. But I did.

As I waited for the blinds to act, I began involuntarily thinking about how I’d played the last couple of times it had folded to me on the button, actually considering — and maybe even being slightly affected by — the patterns in my own play. Patterns I had noticed, but no one else had.

The existentialist recognizes that while we play with each other, what the game means is necessarily going to be different to each of the players. And if for you getting to the end means returning to the beginning, well, only you may see the meaning of within.

27238395 7364687132565289726?l=hardboiledpoker.blogspot Play the Game Existence to the End of the Beginning

 Play the Game Existence to the End of the Beginning

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