
They tend to be the kind of people who, whatever situation they find themselves in, think they could write a book about it.
This week, we open the satchel of poker tips and pull out the exercise book that deals with M-ratio.
It a term invented by professional backgammon player Paul Magriel who, when he's not tumbling dice, also finds time to sit down at the occasional poker game and pen a few books.
Although the term and theory are his babies, as is often the case with these definitions, the basic principles were already applied by advanced players such as Doyle Brunson.
The M-ratio is a simple measurement of chip stack when factored against the price of playing each round.
M is equal to the number of laps a player can survive, making only compulsory bets, before his chip run out.
It is deduced by the following formula:
M = stack/SB+BB+(ante x number of players)
Example: in a ten player game, with blinds of $100/$200 and antes of $10, a player with a $2000 stack has the M-ratio of 5: he will be dead in five rounds (or fifty hands) if just makes the compulsory bets.
This can be more useful in tournaments than cash games – in the latter, a player can effectively set his own M-ratio as he can keep buying chips.
However, in tournaments, knowing your M-ratio, and thus the power of your stack, is a real asset.
To this end, pro Dan Harrington went to the blackboard and created five M Zones to help give novice and veteran alike a quick reference.
These are:
M ≥ 20 is the Green Zone – bet away as this is the best situation to be in. Play as you choose – loose or tight, you have plenty of time.
20 ≤ M ≤ 10 is the Yellow Zone – you have to start taking more chances here. Crucially, Dan argues small pairs and small suited connector lose value
6 ≤ M ≤ 10 is the Orange Zone – starting to become tight. Dan suggests a focus on making sure you are the first person to put money into the pot.
1 ≤ M ≤ 6 is the Red Zone – similar to what Alex Ferguson, manager of Manchester United, called 'squeaky bum time', your only option is now to push or to fold.
M < 1 is the Dead Zone. You're in Stephen King territory now, you have to push your money into an empty pot and rely on luck to survive.
For the ratio to remain valid in the latter stages of a tournament, you have to remember to factor in the percentage of players still left at the table.
So, for the earlier example, if the player's M-ratio was 5 at a full table, it falls to 2.5 if there are only five players remaining
Is this case, M effective = M x (players/10) or...
5 x 5/10 = 2.5.
Whether or not you really need to call it the M-ratio, a nod to Harrington's 'Zones' may improve your tournament strategy.
August is a lazy month.
The kids are off school, a lot of Europe's governments are in recess and it is silly season for the newspapers.
Some may argue it is the perfect time to play poker – it can be relaxing, it can take your mind off work and it can be a way of funding trips to the slide park.
However, irritating members of the non-poker playing community tend to become a little prickly at the suggestion that Hold 'em is a valid form of vacation. They see holidays as a time to expand horizons, explore the great outdoors and generally fill your time with activities that people from TV/adjacent tents/Hell have told them are meaningful.
Therefore, throughout August, Poker Unclogged will be offering a once-a-week guide to players who have found themselves outside of the normal, nurturing bio-sphere that is a casino.
We'll start with tips for one of the most challenging scenarios for a master of the felt:
A visit to an art gallery.
First of all, draw on the reserves of patience that have seen you through the darkest hours at the tables, those times when your hole cards are a paint free zone.
You're going to need them.
You'll hate a fair proportion of the art and the place will feel like it is designed to discourage fun.
In a way, it is.
However, if you have ever lit a Cuban and chuckled at Larry's framed picture of dogs playing poker, then allow us to suggest other card-playing classics, some of which were not designed to be displayed in the bathroom.
Caravaggio's The Cardsharps.
He would have been a God-send at the poker tables: hugely self destructive, he only just managed to spill more paint than blood. The painting is a classic of the innocent out of his depth.
Juan Gris - Glass of Beer and Playing Cards
Less straightforward than it sounds, this Cubist painting will hone your powers of observation and as you try to spot the playing cards
William Hogarth – Scene in a Gaming House.
Possibly sneak off to view this one. A satirical work, it is not going to convince the uninitiated that poker should be an Olympic event.
Jean-Simeon Chardin –The House of Cards.
Far more respectable and infinitely more dull. Tell your family that most online pros looks like this fresh-cheeked nobleman.
Henri de Toulouse Lautrec – The Card Players.
A classic.
Feel free to point out to unenlightened bystanders that this is dogs playing poker but aimed at those with upper middle class aspirations – they'll love you for it. The only difference is that prints of this one hang in loos, not toilets.
Hendrick Sorgh – A Woman Playing Cards with Two Peasants.
You'll wish everyone you meet in casinos had the same generosity of spirit as these three plebeians.
So, we think you now have enough back up to survive crossing the threshold of a house of culture without dialling the trauma team.
Hopefully, your appreciation of paintings will enable you meet new people, chat about the evolution of styles and treat a few of them to a master class in the dark arts of poker.
Michael McCool, winner of the main event of the July Festival of Poker at the Broadway Casino, Birmingham, UK, has, in the past, offered some interesting comments to the press.
Here he is on his ambition:
'I'm naturally gifted with my mouth so if I continue to win whilst living a simple life in the country with my dogs, I will be very happy.'
Although some may argue that parts of that are a tad disconnected, the first part probably explains why his favourite celebrity is Gordon Ramsey.
Still, if he continues to haul in poker cash cows such as Saturday's £20,250, it won't be too long until he can act as lord of the manor and pursue his favourite hobbies of greyhound racing and shooting.
He certainly won't be the first person to consider tooling up while listening to James Blunt, McCool's favourite musician.
July Festival – Main Event
Shane Sigsbee, recent graduate of Notre Dame University, was clearly not overwhelmed by his recent triumph on the Heartland Poker Tour.
Interviewed after the $2,500, televised tournament, he said, 'This feels pretty good. Now it is off to the golf course.'
He was competing in a US Amateur qualifier in Indiana where he had his daddy as a caddy
He persevered at the Majestic Star Casino after one of the shortest final tables in HPT history. When the 42nd hand was dealt, he and Jason DeWitt flopped top pair but Sigsbee had a better kicker.
The twenty-three year old options trader had the burden of accepting $206,273 before he was allowed to put on his polo shirt and plus fours.
In another part of his interview, he said 'Options trading and poker are very similar. It is all about managing risk and taking advantage of probabilities.'
It was a philosophy that characterised his play as he gradually outlasted his 479 opponents by re-raising and putting the other players under pressure.
The Heartland Poker Tour is now halfway through its high-flying season and is drawing record crowds. Its next stop is Soaring Eagle Casino, Mount Pleasant Michigan.
Heartland Poker Tour - $2,500 event – Majestic Star Casino