Full Tilt have just given a $100 promotion as many of you probably know. However even though I’ve moved back to NL10 it’s going to be heavy going to get all that monies.

The problem is that these microstakes just don’t generate enough frequent player points to clear the bonus effectively. For instance Last night I had an hour long session at NL10 on 3 tables – this cleared about $2 of the bonus. I’ve a month to clear $100 – not going to happen! Fortunately it comes in $10 payments so I should clear some of it (maybe half?), but it’s frustrating to see that free money just out of reach.

This is where a happy coincidence of my rakeback research and some correspondence with S1ndr0me this morning comes together for a possible solution;

Clearing the bonus is linked to frequent player points (or Full Tilt Points), which are 1 point for every $1 paid in rake. Full Tilt uses the dealt method for Rake (see my last post), so you don’t actually have to put any money in the pot to be attributed with that rake, you just have to have the cards dealt to you.

So, if you sat at a higher stakes full ring table and played super tight (QQ+), you’d be clearing that bonus far faster than if you played your normal 6max manic shove fest at NL5. To make it cost effective though, you have to avoid losing too many blinds, otherwise your losses will be more than the bonus you’re trying to clear.

So what would it take to be worthwhile. It has to be a ‘dealt method’ rake site obviously. You obviously have to be absolutely self-controlled. Playing hands out of your bankroll is going to be suicidal – the aim of this exercise is to be dealt lots of hand and lose nothing, not to win $$$. The loss will come from two things – losing your blinds, and losing the hands you do play. The latter is usual shortstack strategy – you’ll only be playing premiums like QQ+, which will at least win you the blinds. The former is not so easy since as a short stack you’ll have almost no fold equity and so stealing from late position isn’t going to be so easy. That means it’s possible to have a stack that’s *too* small. Playing above your bankroll the big drain will be the blinds, so it’s a fine balance between a safe stack size and the gain from the rake. The usual 20bb may be enough, but it’ll be the absolute minimum. However increasing it to improve your fold equity also increases your losses when those premo hands get sucked out on.

To sum up the strategy, table select the tables with the highest average pot. It has to be full ring obviously (Edit: not so obvious actually – the dealt rake is split between the players, so a FR player has 1/9 of the rake in a pot, while a 6max player has 1/6 – the balance comes down to loss due to blinds versus gain from less players. I’ll have to think about this). I’m undecided as to whether it should be 20bb or 50bb buy-ins – I’ll need to experiment as to whether 20bb has any stealing potential or not (possibly there’s a reason to pick the nittiest tables too, but not sure yet). SSS strategy has to be followed religiously, although I’d drop all unpaired hands other than AK, and PP under TT – having said that some risks would have to be taken to steal blinds from the button (actually CO maybe more effective since everyone knows the BTN is on a steal). Equally leaving the table on doubling up is also mandatory.

All that’s left is to try it out. If it works on this Full Tilt holiday bonus then it may be worthwhile signing up at the other ‘dealt method’ sites (Cake does it I believe), and do a bit of early bonus whoring. While being at microstakes the boost this would give my BR would be far more meaningful than when I’m doing ‘standard’ bonus whoring at NL100+.

However, I did mentioned this to S1ndr0me, and he’s tried the short stack strategy on and off and doesn’t think it’s a good idea. I can see where he’s coming from since SSS is fairly high variance really. I’ll proceed with caution I guess…

Edit: for those landing here from Google, my results from trying it out are here.

This entry was posted on Tuesday, November 17th, 2009 at 12:52 pm and is filed under Bankroll Management, Bonuses, Full Tilt, NL10, NL2, NL4, NL5, Poker, RakeBack, Short Stack Strategy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.