7 Ways to Stop Bleeding Chips in Low Stakes Poker Games

We look at seven ways you can stop losing silly chips when you're playing low stakes poker - you won't believe how these simple tips can save you money at the poker felt time and time again!

Poker Strategy

It was Benjamin Franklin who once said: “A penny saved is a penny earned.” In poker, the phrase ‘Money saved is money earned’ is often spoken about, referencing this glorious old phrase which remains true to this day and never more so in the game we all love.

If you’re just started playing poker or are looking for a poker site to play poker online, then you’ll definitely value the power of saving poker chips. In low stakes games, there are a number of ways inexperienced players throw away chips without realizing they’re doing it.

Fortunately for you, we’re here to correct those errors and save you some poker chips from the moment you sit at the table, arming you up for bigger battles later in your tournament or cash game.

1. Don’t Risk It All in Level One

This is a very simple tip and as easy to apply as it should be to grasp. Put concisely, don’t lose all your chips in the first blind level of a multi-table tournament, or the first hand of a cash game. I once sat down in a cash game, played ace-jack pre-flop, then went all-in on the flop of J-8-7. Setting aside the nightmare of my opponent holding nine-ten and having the easiest call of his life, there are so many hands that beat mine there, with pocket eights, sevens and jacks as well as his hole cards all being better than mine. What was even worse was that I took two seconds to make the decision to shove on the flop.

The fact that I knew nothing about how that player played made it the worst move ever. Whether it’s a tournament or a cash game, going broke early is crazy. You’re robbing yourself of chips – and by extension money – but that’s not the worst of it. Crucially, you’re denying yourself a chance to win money by receiving free information about your opponents later down the line.

They say that you can’t win a tournament in level one, but you can definitely lose it – don’t let it be you.

2. Watch for Flushes and Straights

How often have you played a hand of poker then been rivered by an opponent who made a flush or straight on 5th street? It’s an extremely frustrating way to lose a pot, but ultimately, it’s often avoidable.

Avoid this pothole along the road by studying what two cards your opponents play. Do they often get involved in hands with connecting cards or one gappers? Consider them hungry for a straight or two. Do they feel the need to get involved with suited cards way more than the 1% equity it actually offers? Know that they follow flushes better than the lead character in Ratatouille.

If you know which players like to play flush draws or straight draws and when they give up on them – on the flop, after the flop or after the turn – then you can adjust your strategy accordingly. Charge them the maximum for chasing their dream of sequential or same-suit cars and lose the minimum when they do connect.

3. Beware the Paired Board

Talking of connecting, a paired board can be a very dangerous thing. If you go towards the flop with a premium hand such as pocket queens, then it comes two tens and a seven, what do you fear? Pocket sevens? Nine-eight for a straight draw? Any hand with a ten in has you well beaten and with hands such as ace-ten, king-ten, and jack-ten all very strong pre-flop hands, this would be a flop to be concerned about.

Chips and Cards

Poker chips can go quickly in low stakes games – don’t let it happen to you!

If you make a flush and straight on the river, this can often come with a card that pairs the board. It’s easy to get excited and – because you made your hand on the river – to ignore that pair that came with your card. You do so at your peril, however, because anyone with a set or two pairs could have made a full house and overtaken you just as you think you’ve rivered the winner.

Count to ten, check the pair, align it with the range of hands you have put your opponent on and then make the right decision. It can be painful to fold, but it’s less painful than losing a massive bet on the river because you didn’t count from one to ten.

4. Understand Instinct

What is instinct in poker? Well, much like in life, instinct is something you feel in your gut that is based on the information you’ve accumulated over the course of time. If you’ve played poker for some time, then you can feel an unease about a certain situation, or the polar opposite, a little voice at the back of your mind telling you to bet even if you have six-high because the flop didn’t help your opponent.

Generally, we should listen to our gut instincts at the poker table, because win or lose, the result will help you. Either it’ll confirm your instinct was right or, if you were wrong to make the action you did, that gut instinct will be different in the future. If you still make the wrong choice, use notes to help correct that error. Essentially, using instinct is one of the best ways to improve.

5. Stop Calling Flops and Folding Turns

This rule is broken so often in low-entry poker tournaments that it should be digitally imprinted on the virtual felt of ~$5 poker tournaments. What do we mean by not calling flops and folding turns? Well, we don’t mean exclusively, because sometimes it will be the correct action. You might call a flop thinking you’re marginally ahead of a particular range of hands that you then know that your foe’s hand improved on 4th street. What we’re speaking about here is making it a regular bad habit you slip into.

Playing lower-level poker, it’s really easy to get into the habit of over-calling flops simply because so many players are performing badly. If you then face pressure on the turn, it can often come from players who only bet big if they have the business. You then fold and you’ve lost that post-flop money when you needn’t have.

Don’t give away easy money, especially post-flop with a hand you’re unlikely to believe in after the majority of turn cards. It can cost you fold equity later on by your stack not being big enough to put bad players off calling when you’ve got yourself too short-stacked. That is a major ‘pain point’ of low stakes poker.

6. Think of the ICM Impact

At the final table, it can be really easy to make decisions based purely on the cards you have, your opponent’s behaviour and their likely range and other established factors. You’ve spent a long time getting to know the players around you and playing each hand to win is an elite strategy, right?

Well, yes and no. Playing the player and the cards well will win you more pots that you lose, but at the final table, it’s often about knowing when to play, not in terms of hands but in terms of the narrative flow of the final table. The big pay jumps are there and the final table is where the big money is won and lost.

I’ve seen so many really good players lose their chips at the final two tables of tournaments because they play hands and make decisions based on the chase to the final table. It’s almost a separate tournament, as I and many others have learned. You know the players, but you don’t; everyone plays differently when there’s only one table left in the game.

I once interviewed Sam Razavi, the vastly successful British poker pro and WSOP event runner-up. He told me that from two tables down to a winner, you shouldn’t just be identifying players you’ll be trying to take out and those to avoid. You should be looking at which of your opponents will be trying to take each other out and adjust your behaviour accordingly. It really was great advice and learning from it can have a massive impact on your winnings at the business end of tournaments.

7. Watch Showdowns

One of the simplest of tips is possibly the most valuable of them all. What do we mean by watching showdowns? Essentially, not just paying attention to hands involving you. It may not be possible for you to study everyone else’s game at your maximum concentration level from the first card to the last. That’s natural, and something called soft focus and hard focus – everyone who plays a game well uses that ability to concentrate more on the periods that affect them the most.

What you absolutely must do, however, is watch what cards other people are playing, and that is information you receive for free when watching players other than you get to showdown. This is a great exercise to try online, and is easy to do:

  • Write down the cards each player at holds at showdown
  • Note down a little information about what they did with those cards in the hand
  • Write down the size of the pot
  • Take a note of their table position
  • Write down how many players were in the hand

See if you can write down six showdown hands involving each player (each showdown will feature at least two, so this takes less time than you might think) and you’ll be surprised at the way each hand funnels your understanding of each of your opponents into what makes them tick.

From players who only play premium hands to those who – as we’ve previously discussed – enjoy playing suited connectors or small pairs, if you know the kind of hands your opponents are holding – their range in different scenarios – then you’re going to make good decisions more often than not.

That is a recipe for success in low-stakes poker, whichever game you’re playing.

Dave Consolazio

Dave Consolazio has been passionate about writing and sports journalism since his high school years. He has a degree in Broadcast Journalism from USC where he worked with the school's radio and television stations. His work has been featured in SportsbookReview, Sports Illustrated and SB Nation. Dave's experience ranges across multiple fields in the gambling industry. You can find his sports, casino, and poker articles in GambleOnline.co.

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