When playing no limit poker, the stack size of every player at the table is critical. Let's explore a few examples of how these decisions are affected by stack size. Hopefully, after identifying these situations, you will see the value in noting your opponents stack sizes.
This hand will demonstrate why chip stacks affect correct play. You're playing $1/$2 NL holdem. No one has played and it's your turn from the small blind. You have $500 and 4,4. The big blind has a small stack of $25 so an all in play is fine. This will be a winning play in the long run.
Let's see what happens if we change the big blinds stack to $500. Pushing all in wouldn't be such a good idea. Even though you would win the blinds often, getting called spells disaster. You will normally lose $500 trying to steal $3.
Let's look at it in an exaggerated way. How about having $100,000 all in for the $3. Your opponent calls with AA and nothing else, only a 1/220 chance. So in 220 tries you win three dollars 219 times. When AA hits he wins 80% and you win 20%. So on average you lose over $79,000 for every 220 tries.
If your opponent played the same way with his $25 you'd be very profitable. Even if you never won when you were called, you get $657 for every $26 that you lose.
Now, let's say you've got $500 with 3,3. Again the blinds are $1/$2 and you complete the blind. Your opposition raises to $10. With different stacks, you might be correct to fold, call, or raise.
If he has $15 you could do any of the three options and be correct. How well you know your opponent is the deciding factor. If he has something like $40 this is an easy fold.
You only get your three of a kind 12.5% of the time and the max payout is only five times if you can even get an all in call. A $500 stack means you need to call or maybe even raise. With either play you can get enough value from the hand when it goes right.
6,7 suited is a hand that you should play when everyone has a lot of chips. There is plenty of money availiable to get big profits when you catch a monster. When no one has very many chips, you can't make enough money when you hit the hand.
When you have a big pocket pair, like A,A or K,K you can find yourself in some tough situations. This hits home when when everyone has a lot of chips. These hands can be tough to fold after the flop and can be very costly when your opponent hits and you don't.
This situation is reversed with small stacks at the table and you can get aggressive with the big pairs. Often the preflop betting will commit you to the hand anyway. This is pretty mindless poker.
When everyone has radically different stack sizes this can get complex. Regardless, when you want to bet, you have to consider the stack size of each player involved.
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