New Leatherass on Poker Podcast, 3/29/11

Thanks to those of you who've been listening to the Leatherass on Poker podcast. It's going really well; couldn't be happier, actually, though I know it will continue to evolve and sound better and better.

To listen to this week's podcast, please click here.

Going forward, we’ll producing numerous podcasts every week, with better audio quality. We’ll also be bringing in some great guests and a cast of characters we think you’re going to enjoy. We’ll also be getting the podcast up on iTunes.

One thing you’ve been asking for is more structure so that you can skip ahead and move back depending on what you’re in the mood for: commentary, information on treating your poker like a business, strategy and/or analysis. You’ll see the outline for this podcast below, along with the hand I discuss at the end of the podcast.

Here is the outline for this week's podcast:

COMMENTARY

1. My commentary on the latest scandal at Ultimate Bet, which he considers a "predatory website";

2. The recent New York Times article on Daniel "Jungleman" Cates, and what we can learn from his competitive advantage;

3. The PokerStars/Wynn alliance, and the potential "monumental" outcome for American poker players;

TREATING YOUR POKER LIKE A BUSINESS

4. I goes into further detail on his "100 buy-in rule," which he first espoused in my book, "Treat Your Poker Like A Business." How does it apply to part-time players?

STRATEGY

5. We get into how mid-stakes games have changed since the buy-in changes.

6. We'll also get into the importance of win rate, and its relevance to evaluating your own game.

HAND ANALYSIS

7. I analyze the following hand from my session Monday:

PokerStars Game #59967929958: Hold'em No Limit ($3/$6 USD) - 2011/03/28 14:28:49 PT [2011/03/28 17:28:49 ET]

Table 'Roswitha XI' 6-max Seat #5 is the button

Seat 1: PoorUser ($632.70 in chips)

Seat 2: kapie123 ($249 in chips)

Seat 4: carreir...a ($591 in chips)

Seat 5: Leatherass9 ($625.85 in chips)

Seat 6: Zyrak ($623.75 in chips)

Zyrak: posts small blind $3

PoorUser: posts big blind $6

*** HOLE CARDS ***

Dealt to Leatherass9 [3h 4h]

kapie123: folds

carreira: folds

Leatherass9: raises $6 to $12

Zyrak: raises $30 to $42

PoorUser: calls $36

Leatherass9: calls $30

*** FLOP *** [Js 2h Jc]

Zyrak: bets $60

PoorUser: calls $60

Leatherass9: calls $60

*** TURN *** [Js 2h Jc] [5s]

Zyrak: checks

proggrezive joins the table at seat #3

PoorUser: checks

Leatherass9: bets $523.85 and is all-in

Zyrak: folds

PoorUser: folds

Uncalled bet ($523.85) returned to Leatherass9

Leatherass9 collected $304 from pot

Leatherass9: doesn't show hand

*** SUMMARY ***

Total pot $306 | Rake $2

Board [Js 2h Jc 5s]

Seat 1: PoorUser (big blind) folded on the Turn

Seat 2: kapie123 folded before Flop (didn't bet)

Seat 4: carreira folded before Flop (didn't bet)

Seat 5: Leatherass9 (button) collected ($304)

Seat 6: Zyrak (small blind) folded on the Turn