Generally speaking the minraise is a horrible move unless you have a very good reason to do so. You might think that you have the best poker hand and that large bets will scare your opponents out of the pot but the truth is that when a beginner uses this move an experienced player’s alarm bells will start ringing. Additionally you give them great odds to complete their draws and you win very small amounts with your good hands.
Consider the following scenario:
You have a pair of Tens, your opponent has Ace King. The flop comes Ace Ten Nine. There is 3 dollars in the pot. Both you and your opponent have good hands. Your opponent has top pair with the best possible kicker and you have a set, beating your opponent.
If you minraise and bet low to not scare your opponent out of the pot it is likely to go like this: your opponent bets $2, you minraise to $4. Your opponent calls. There is now $11 in the pot. The turn is an Eight. Your opponent checks, you bet $4. Your opponent calls. There is now $19 in the pot. The river is a Deuce, you bet $6. Your opponent calls and you win a pot worth $31.
If you bet normally you can raise to $8 or something similar on the flop, making the pot grow to 19 by the turn. You can then bet 16 dollars on the turn, increasing the pot to 51 dollars by the river. You can then easily put the rest of your money in the pot on the river and earn yourself a pot of $100. Sure, your opponent will also fold worse hands a lot but if he has nothing he is folding regardless, even if you start minraising and betting small.
Additionaly, your opponent could very well have Queen Jack. That gives him 4 cards to a straight (Nine, Ten, Jack, Queen), meaning any Eight or King completes his straight. If you play as described under the minraising scenario you make your opponent pay another $2 to potentially win a pot worth $11. If he is a capable player he will also know you have a good hand, giving him more incentive to call your bet to try and hit his straight to take a good portion if not all of your money. When you minraise you do not protect your hands against draws!
As far as buying shares, The process works the same way in reverse. I don’t do it for tourneys. I will do it for cash games for people I know and who’s talent I respect. I recently bought up 5% action for a good friend and poker player to the the big 100-200 TD/Badugi game in Las Vegas this past weekend. Well see how that worked out and I’ll give the update when I get my report middle of this week.
Now, even the Borgata 20-40 is loose, its not the rock garden everyone thinks. 20-40 is like how 3-6 used to be. So, in fact I’ve never seen time pots go through a round unpaid completely. If for some unforeseen event any portion of the time pot goes unpaid through the entire dealer shift, the sponsor holds the bag and its left uncollected in paying the time, in short it has already come out of his/her stack. (That would pretty much kill the time pots at THAT table anyway.) The variations come in when one person (or two) does not want to participate.
Time pots can benefit the tighter players in a full ring game as you can adjust your play to a time pot. Because if it goes over $200.00 almost a full big bet comes out of the pot there are some adjustments to EV calculations. Knowing when and how hard to get involved in these pots will save you lots of money from the drop. You will need to tighten up in time pots for that reason, and if you get heads up in a pot and its under the $200.00 use pot control with your marginal hands to keep it under that number if possible.