Limit poker is nearly non-existent outside of the USA. You are quite
correct, that in the USA (and online, since most online sites are
USA-centric, even if the servers live on Indian reservations and off-shore
municipalities), that games other than Omaha and HE are rarely played in a
PL/NL structure. Outside the USA, they play most things PL, including all
the games we see in limit structures here, Stud, Stud/8, O/8, lowball
draw, etc.
I have played PL stud only in home games (it was popular in Ashley
Adams home games in Boston) and at the Aviation Club in Paris. I was at
first amazed that the folks at the Boston club wanted to play, but given
its "home game feel", it was not terribly surprising.
You are quite right that the many betting rounds quickly lead to
getting pot committed, particularly if you are mixing the game with flop
based games that require (relatively) smaller stacks. This is why I want
to see if I can make it to sixth street without getting too much out
there.
Sklansky and Malmuth argue that even in limit stud, the bankroll
requirements are high because the luck factor is bigger than any other
form of poker played regularly today. Lots of betting rounds with lots of
cards mean lots of opportunities to get lucky. There is no doubt it's a
high variance game.
OTOH, keep in mind that stud has a lot more automatic decisions
compared to flop based games. The range of hands you have to consider
someone having in, say, HE, is much larger than in stud. Plus, you see
much of your opponents whole hand and you aren't sharing cards. So, the
times that a card comes to simultaneously improves both you and your
opponent are rare, whereas in HE and Omaha, it's very common.
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Re: two things
Date: 2006-02-08 17:42 (UTC)Limit poker is nearly non-existent outside of the USA. You are quite correct, that in the USA (and online, since most online sites are USA-centric, even if the servers live on Indian reservations and off-shore municipalities), that games other than Omaha and HE are rarely played in a PL/NL structure. Outside the USA, they play most things PL, including all the games we see in limit structures here, Stud, Stud/8, O/8, lowball draw, etc.
I have played PL stud only in home games (it was popular in Ashley Adams home games in Boston) and at the Aviation Club in Paris. I was at first amazed that the folks at the Boston club wanted to play, but given its "home game feel", it was not terribly surprising.
You are quite right that the many betting rounds quickly lead to getting pot committed, particularly if you are mixing the game with flop based games that require (relatively) smaller stacks. This is why I want to see if I can make it to sixth street without getting too much out there.
Sklansky and Malmuth argue that even in limit stud, the bankroll requirements are high because the luck factor is bigger than any other form of poker played regularly today. Lots of betting rounds with lots of cards mean lots of opportunities to get lucky. There is no doubt it's a high variance game.
OTOH, keep in mind that stud has a lot more automatic decisions compared to flop based games. The range of hands you have to consider someone having in, say, HE, is much larger than in stud. Plus, you see much of your opponents whole hand and you aren't sharing cards. So, the times that a card comes to simultaneously improves both you and your opponent are rare, whereas in HE and Omaha, it's very common.