Sunday, October 14, 2007

My Worst Collapse Ever!

I'll get to the glory of Saturday in a second, but first I have to mention the total screw job I just got. And I have to warn you that this is a slightly profanity laden post. I took today off, but since I've been doing so well I decided to play a few small multitables. I played a $22 heads up matches, a normal $55 tournament, an $11 tournament with 10 minute limits and a $22 with rebuys.

The only one worth discussing is the $11. I totally dominated this piece of shit tournament the whole way though. We started with 1,103 players and by the time we were down to 100 players I was in first place. I stayed in first place all the way down to the point there were 10 players left. At one stage I was so far ahead that the player in second place had less than half as many chips as I did!

With 10 players left we were at two tables of 5 players, the blinds were 5000/10000 with a 1,000 ante and I had 350,000 chips. The first player to act who had about 100,000 made the minimum raise to 20,000. Normally the minimum raise could mean a big hand like AA or KK, but this player had been at my table and I'd seen him make raises like this before. I was in the big blind with QT and I decided to put him to the test. There was 35,000 already in the pot and I figured he's almost certainly fold in an effort to make the final table where the payouts get really big.

But he had KK and instantly called. I'd lost some chips but I was still in great shape with twice the average stack. On the next hand I was in the small blind and everyone folded to me. The big blind only had about 100,000 and the blinds had just gone up to 6000/12000 with a 1200 ante. I had Q5 which isn't much, but again figuring I would only get called by a premium hand I moved all in. My opponent instantly called with 55. Pocket fives? Really? That's enough to risk all of your chips?

I didn't manage to hit my Q and I lost another big chunk of chips. Meanwhile the guy who had the pocket fives had been talking smack to me for the past 20 minutes. I'd been raising frequently because that's what you do to accumulate chips when you're in the lead. He kept telling me to "slow down" and warning me that I was going to get caught stealing. I hadn't said anything or done anything other than just play aggressively. I can't remember exactly what he said after I lost that pot, but it was effectively ha ha you suck. And then a few other people joined in! BASTARDS!

I was pissed about losing those two hands (and most of my chips) and while I very rarely type anything at all in the chat box I couldn't let these jokers razz me without a response. I was ready to start informing these mother fucking, $10, two bit players who they were dealing with. I was about to tell them that the first place prize in this tournament (which was $2,700) wasn't even my biggest win of the past 36 hours (there's a little foreshadowing). I was about to let them have it.

But, before I could type anything I picked up AQ. I moved all in and sure enough got called by AJ. I figured I'd be right back over 300,000 and in command again. I'd show these jerks what was what! And then a J came on the flop. Another one came on the turn and I was out. Crap!

From first to out in 3 hands! The dollars involved here weren't staggering. While first was $2,700 which is nothing to sneeze at 4th was about $700, 6th was less than $500 and 9th was only $65 more than the $99 I got for 10th place. But still. That was monumentally annoying and this wasn't one of those situations where I had no choice and would do the same thing over the same way 100 times in a row if given the chance. There were plenty of plays I could have made differently.

Very therapeutic to write out my frustrations. I feel better already.

On to the good news! To make a long story short, since it's late and I'm losing blogging motivation, I finished 4th in the Supernova freeroll on Saturday! I think I mentioned how great I played in the $55 tournament on Thursday and I can say that I played fabulous up until the last few hands in the $11 tournament I just mentioned. That was not exactly the case in the supernova tournament.

I didn't play poorly by any means, but I just got the most unbelievable run of cards that I can remember. About every 20 minutes I'd pick up a great hand and someone would move all in in front of me. Pocket queens in the big blind. Boom, someone moves all in with tens. Aces on the button. Someone with AK raises and calls my all in. Short stack in the big blind. My A3 beats their QJ. It was great. I feel like any average player could have made it to the final table with all the breaks I got.

The only hand where I dished out a major bad beat was (oddly enough given today's result) playing 10 handed at two tables of 5 (we started with 1,015 players). I was in the big blind with 170,000 chips (average was around 150,000) and I picked up Q8 suited. The blinds were 4000/8000 and the player in the small blind raised it to 24,000. He was an aggressive but sensible player who had about 100,000 chips total and while Q8 was not much of a hand I decided to move all in. This is a spot where the cards were not particularly relevant and it was the situation, not the cards that dictated that I move all in.

Believe it or not almost everyone plays about as tight as you could imagine when you only need to lose one more to make the final table. Even though those schmucks were calling me down left and right today, I was about 75% sure this guy would be folding. But he had a real hand, AQ. I was in bad shape and looking like I was going to be in last place chip wise and then...BING! 8 ON THE FLOP! I was in 1st place and we were down to 9.

I ran into pocked aces and lost half of my chips two or three hands later. But I played well and worked my way up and eventually finished in 4th. When I finally went broke I was in bad shape chips wise and all of the remaining players were very strong so I didn't feel the least bit bad about my finishing position. I won another $500+ playing SNGs while I was in the early stages of the supernova tournament so it turned out to be a $3,200+ day!!!

I've really been on a great run lately and I wish I could take a few days off to enjoy myself, but it's back to the grind tomorrow! Those FPPs won't generate themselves!

Saturday, October 13, 2007

Heartbreak and Redemption

Until Thursday I'd managed to avoid being seduced by the potential huge money of multitables for the first 10 days of October. While I've certainly had some strong finishes lately, in order to get my $3,000 year end bonus I need to focus on generating frequent player points and multitables are the absolute worst way to earn points.

On Thursday morning as I started my day, in words similar to those spoken by addicts everywhere I told myself, "I'll just play one!" I jumped into "The Daily Fifty Grand" a tournament that guarantees a fifty thousand dollar prize pool, has a $55 buy in and starts with double the starting chips. The tournament went off at noon with 1,184 players and 3,000 chips.

I was playing 5 SNG's at the same time as this tournament so I wasn't really concerned that nothing happened during the first hour. Shortly after the first break I won a few pots and had my stack up to about 8,000 (most of the details of this tournament are pretty much gone in my head since it was a few days ago now so excuse my vague recap). I cruised along for a while at about that level and then I lost most of my chips with AQ against AK. I was down to a little over 2,000 with blinds at 200/400 with a 25 chip ante and feeling like I was dead.

In order to go really deep in a tournament everything has to go almost perfectly. In big tournaments that I've won or made final tables it seems like I've won every major confrontation the whole way through. That was not the case in this tournament. I was up and then down and then up again. I ran my stack up to 50,000 when average was 20,000 and then I was back down to 15,000. Then I was up to 80,000 when average was 40,000 and then back down to 25,000. I was sure I was on my way out four or five times, but then I'd slowly work my way back up. Sometimes you get such good cards that there's almost no way you could mess it up. This was not one of those tournaments. I felt like I was fighting for every chip.

As the players dropped and we got down to a few tables I had a great chance to make the final table. With 1st place over $12,000 and 8th or higher paying at least $1,000 I had my eye on a big pay day. With 36 players left the average stack was just under 100,000 chips and I had over 170,000.

I stayed right at that level, just stealing enough blinds to stay where I was until we were down to two tables. Then I started to fade a little. The blinds were up to 6000/12000 with a 1200 chip ante and I was at an aggressive table. A few people dropped, but so did the number of chips I had and when we were down to 14 players the blinds went up to 8000/16000. I knew it would be time to make a move soon.

The average stack had ballooned to over 250,000 and I was down to about 120,000 feeling like I would need a big break to make the final table. In fact it felt a little hopeless. There didn't seem to be too many week points at my table and no one was particularly short stacked.

Then I picked up KK in the big blind! AH HA! The buttoned raised to 40,000 and I hit him with a small reraise to 72,000. He could have just about anything raising from the button and I thought there was a chance he might fold if I just moved all in. I had the second best possible starting hand and I wanted action.

My opponent just called and the flop came down J 9 8. I moved all in for my remaining 50,000 or so chips and after almost no thought my opponent called. He turned over QJ which meant I was ahead, but I needed to dodge a Q a J or a T (I was 67.7% to win at this point) in order to win. The turn was an 8 which was a great card because it meant that I no longer needed to worry about a Q beating me (I was 86.4% to win at this point). Then the river came down a J! SHIT! I was out in 14th place and left muttering F-Bombs under my breath for 10 minutes.

I won $320 for my efforts which is pretty good. But when you finish 14th out of 1184 you'd like to have more to show for it. For the average player they could expect to do that well or better only 1 time in 85 and to only profit 6 times the initial buy in kind of sucks. I don't think there's anything wrong with the payout schedule, but despite what it seems like in the past two months, these opportunities don't come along every day. It's heartbreaking to be so close to thousands of dollars and only come away with a few hundred. Especially when you were 86% to win a big pot with one card to come. BASTARDS!

The good news is that was the heartbreak and there is a story of redemption from today. The bad news is I'm going to leave it as a bit of a cliff hanger! HA HA! Take that loyal readers! I can see you all now feverish checking for updates, clicking on refresh every 5 minutes, desperate to hear my story of redemption. You people need help! Anyway I'll give you the good news from today in my next post which should be up sometime tomorrow (no waiting for you Monday morning at work readers!).

Tuesday, October 09, 2007

SNG Recovery

I was feeling a little disappointed after my somewhat slow start to my 4,000 SNG (in three months) challenge. After the first week I was about even. A week is barely a blip in the long run of a professional poker player's career, but I felt like I'd been playing great.

The past two days I've turned things around. I won close to $600 yesterday and a just shy of $1,100 today over the course of about 95 tournaments total. Of course I caught a few breaks, but in the past month or two I've felt like my play has been great. I've gone back to the fearless style that served me so well in the past and the results speak for themselves.

The turning point was a book that I read that was geared specifically towards online SNG play. The great thing about this book is it would be way over the heads of most people shopping for poker books! Happily it was perfect for me. It confirmed that 90% of what I've been doing was right, allowed me to bring a few things into focus and add one or two plays to my game.

I'm 8.1% of the way to my goal having played 325 tournaments in 9 days. I'm a little behind where I wanted to be at this point in terms of tournaments played, but I'm ahead of where I wanted to be in terms of winnings. I'd be happy with anything around $3 a tournament, but so far I'm winning $5.19 per. That might not sounds like much, but it would be over $20,760 in three months not including FPPs or the bonus that I'm working towards. Hopefully I can keep up the winning ways.

Monday, October 08, 2007

WBCOOP

No that's not a typo. The WCOOP is over but the WBCOOP (World Blogger Championship Of Online Poker) is going off on this Saturday. This is a freeroll for anyone who has a blog that's at least 2 months old and posted to regularly. Pokerstars is putting up $40,000 in cash and prizes and in return the bloggers have to earn their entry by doing a little advertising. In order to get my entry ticket I have to copy a piece of code onto my blog which produces the following message and graphic:

Texas Holdem Poker

I have registered to play in the PokerStars World Blogger Championship of Online Poker!

This Online Poker Tournament is a No Limit Texas Holdem event exclusive to Bloggers.

Registration code: 9580085






Since you must have a blog to get into this tournament almost all of the best players will be shut out. I expect the field to be populated with a slew of novices, weak players and buffoons. If you have a blog I'd highly recommend checking out the sign up instructions and take a shot at the tournament. After all it's not going to cost you anything and if you're reading this post, you probably have some interest in poker and blogs. Good luck and if anyone needs me to point them in the direction of some basic multi table strategy I should be able to help. Also if you're going to play keep in mind that 3 pm is 3pm eastern time.

Thursday, October 04, 2007

The First Few Days of My 4,000 SNG Challange

In the first 4 days of my quest to play 4,000 SNG's by the end of the year I've managed to play 210 tournaments, with sub par results. I started out as badly as I possibly could have, turned around spectacularly and then went down the toilet again.

One major positive aspect of starting a new day, a new month and a new long term project is it's easier to think long term. Knowing that no matter how bad your start is there's still plenty of time to turn it around can allow you to brush off some early losses. But there is a limit to how far you can go with that attitude.

I started off day on Monday with 12 straight out of the money finishes, then one first, and then another 11 straight out of the money. This is arguably the worst run I've ever had (I had a run of 23 tournaments out of the money in 2004, but those were 10 player tournaments so it was marginally less likely for me to make they money and they were $55 buy in instead of $60) I won a pot here and there, but whenever all my chips went in I lost. I dropped about $1,200 in the first 3 hours of my day and was not looking forward to playing anymore.

But I trudged on and my results improved drastically. After a few thirds and a few more duds, I had a run where I had 5 first and 2 seconds in a span of 8 tournaments. In fact (including those) I won 8 tournaments outright in a stretch of 18 tries. That is one of my best runs ever and I actually ended up winning about $200 for the day!

The next two days were both solid. I won about $900 on Tuesday and after losing all day a little rush at the end left me a $400 winner on Wednesday.

Then I flushed it all today. I had a run that was EVEN WORSE than the run I had on Monday! Over 27 tournaments I only had two money finishes and they were both 3rds. That streak cost me a little over $1,400. What a load of shit! This time there wasn't a monster run of first place finishes to get me back in the black.

The optimist in me is thrilled that I had what I think are the two worst runs of SNG luck that I've ever had (In 4 years of online poker!) in a four day span and still managed to win about $100. I also picked up a few hundred dollars in FPPs and of course I'm a little more than 5% of the way to earning what I need to pick up that $3,000 year end bonus.

The pessimist in me is pissed that I was on my way to a great week and am now pretty much even. My confidence which was building nicely took a major blow and even though I played 210 tournaments I had been planning on playing at least 30 or 40 more during these past four days. With Thanksgiving and Christmas looming large at the end of the year I'm going to have to dig deep and find some mental strength somewhere in order to collect the points I need.

Luckily, after kicking ass in September (my best month since February 2006 and my third best month ever) the reserves have been replenished so barring a massive collapse I shouldn't be feeling any money pressure for at least a few months.

Saturday, September 29, 2007

The End of the 2007 WCOOP

I played quite a few Satellites to the $2,600 main event today and unfortunately didn't have any luck. I played three $80 double shootouts, an 8,000 FPP buy in event where pokerstars added 9 seats (worth $23,400) to the prize pool, the $320 mega super satellite where they guaranteed 100 seats, and a few other small buy in satellites. None of them produced even a whisper of a possibility of getting into the main event.

The only good news of the day was I did manage to get into the $320 satellite via an $11 with rebuys satellite. They run satellites to satellites? Of course they do! In fact in you're trying to get into the $10,000 main event of the WSOP the satellites start at $2! I think from the $2 tournament you can win a seat in a $33 tournament which leads to a $600 tournament which gives away seats to the $10,000 event. Sounds easy right?

You could also take the $2 bet it on a specific number on a roulette wheel, say 16. If you hit you'd win $72. If you then let it ride on 16 and hit again you'd be up to $2,592. Then you could bet $288 on 9 different numbers and if you hit again you'd have enough to pay the $10,000 entry fee and $368 for expenses. All from $2! Who wants to go to Vegas? Now that we have a system we're sure to win!

The bottom line is even with the 11 with rebuys win I dropped $344 today in WCOOP related activities. There are still satellites running to the main event, but I think I'm going to call it a wrap. All in all I have to call the 2007 WCOOP a solid success. I played 6 main events and had two strong money finishes. I also felt like I did pretty well in the satellites although since I've just kept a running total of all my action I'm not sure what the exact break down was.

My net result for the WCOOP was a profit of $738. I had 57.5% of my own action so I ended up making $424 which I can say was probably not worth it given the effort I put in. But the experience was certainly worth something and I gave myself some good chances to put some serious dollars in the Huff coffers.

I now have 7 WCOOP cashes in 29 events over the past three years. 24% in the money in quite a few varieties of poker (I've played limit, NL, and pot limit hold 'em, HORSE, heads up matches, pot limit Omaha, limit Omaha hi/lo, 7 card stud, Razz, and 7 card stud hi/lo over the course of all 29 events) against the best online players in the world is something to be proud of.

So what now? Well even though I've had a nice run of multitable tournaments (which is what I enjoy doing to most pokerwise) I have to get back to the grind. So far this year I've earned 201,344 VPPs. VPPs aren't worth anything but are the way that pokerstars determines a player's VIP status (ie. gold, platinum, supernova etc). For making it over 200,000 VPPs pokerstars gave me a bonus of $2,000! If I make it to 300,000 before the end of the year I'll get another $3,000 bonus.

In order to earn the remaining 98,656 points that I need, I'll have to play 3,947, $60 SNGs (which is the equivalent points wise of 2,193 $109 SNGs, or 173,081 NL cash game hands). It seems like a lot, but it's doable. Unlike other goals that I've set for myself, this one has a major reward. I don't care what happens, I'm not blowing off three grand. Also playing 4,000 SNG's in a relatively short span should give me a precise idea how much I can make playing at that level so I can reevaluate my goals and plans for 2008. I'm hoping I can make this easy on myself by keeping a steady pace and not leave myself having to play $109 SNG's 8 at a time for 16 hours straight on December 31st (In case you were wondering that would be about 192 SNG's, that would generate 8,640 VPPs, 30,240 FPPs worth $482, make pokerstars $1,728 in juice and leave me brain dead for a week).

Since that's all I expect do be doing for the next three months, I don't expect to have any exciting news of big wins. Of course I'll still be playing my Saturday freerolls which might amount to something and I'll try to post from time to time to let you know how things are going.

Wednesday, September 26, 2007

Today's WCOOP Event

I'm going to skip today's WCOOP event. For whatever reason, I couldn't sleep last night. It's never smart to play when you're really tired especially when you're looking at a long tournament. I know in the past I've made some really stupid plays wanting to either be done with a tournament or have so many chips that it was worth the discomfort that continuing to play was causing.

I'm not sure if I'm going to take the money I had earmarked for today and play more satellites or just add it to the locked up profit. I'll let you know what I decide.

Monday, September 24, 2007

A Comment Response

In response to my horror story about the player at my table going broke in the first 3 minutes on Sunday's Event EB commented: "Out of curiosity, do you see yourself doing anything differently if you are either of those two players? (Except that if you'd been the player with the aces, of course the river would have been a non-pairing club).

Heres a recap of the hand if you've forgotten the details: Someone at my table went broke with AA vs KK on the third or fourth hand. We started with 15,000 chips and blinds of 25/50. One player raised to 130, the player with AA went to 230, and the player with KK made it 500. The initial raiser called, the player with AA made it 2,500 and got called by the player with KK. The flop came Q high with 3 clubs and they both had a club. All the money when in on the turn which happened to be a K.


I would have done a few things differently. First of all I would have made a slightly larger initial reraise if I was the player with the AA, going to maybe 350 instead of 230 and I would have gone a little bigger with the reraise if I was the player with KK also, but that's not really important. Since I didn't include them, let me fill in details of the remaining action. On the flop the player with AA bet 2,500 and got called and on the turn he went all in for 10,000 and got called.

The all in on the turn is a big mistake. When a player in front of you raises, you reraise, someone else raises again and then calls another BIG raise what they hell could they possibly have? Given that action and the fact that I already have AA if I'm that player, I'd put it at 70% KK, 15% QQ, 5% AA, 5% JJ, 4% AK, 1% all other hands.

So on the turn when the board has a K and a Q on it and your opponent called a bet on the flop what they hell can you beat? You have to hope that he's got JJ with the J of clubs or AK with the K of clubs, or the other two aces which are the only hands he could possibly have that you could beat. You wouldn't mind giving any of those hands a free card since you're a 22-1 favorite against the first two and freerolling against the other aces. On the other hand, in the extremely likely case that your opponent has KK or QQ you'd like to see the river for as little as possible to see if it's a non pairing club. It seemed painfully obvious that this was a case of AA vs KK or QQ to me.

In the actual hand if the player with AA had checked there's no way the player with top set and a second nut flush redraw would have gone all in. He'd probably bet something like 5,000 (or even something less like 3,000) and there's some chance (maybe 10%-15%) he might even check as a slow play. This would give the player with AA the chance to see the river and either win by hitting an ace or a club or survive with at least a third of his stack.

If the player with AA faces a bet of more than 5,000, the play would be to fold and preserve his chances. Of course it would be a tough, frustrating fold on the river (assuming he calls the turn) with an overpair (if he missed) when he'd put 2/3 of his stack in. But given the preflop and flop action, folding on the river would be the only reasonable play. Trusting your read in a spot like this can be difficult and most players let their emotions come into play too much. They get attached to those aces and forget that they're just a pair.

I just put up this hand because it sucks to go broke with AA so early, but it's actually a very interesting hand.

WCOOP Event #14 Recap

I started off yesterday playing a few cash tournaments and two WCOOP satellites to the day's $1,050 event. The WCOOP satellites were both very low risk, high reward tournaments. One was an $8 with rebuys and one was a $2 with rebuys. But both had 5 minute limits and rebuys for 12 levels (this is contrary to most turbo rebuy tournaments which have rebuy periods lasting only 6 levels).

I thought it would be fun to try the crazy loose strategy with very little money on the line, but when the time came, I couldn't do it. I certainly played looser than normal, but I couldn't just fling my chips in there with nothing hoping to get lucky since I've spent 7 years training myself to do otherwise.

Despite that fact, I started off kicking major ass. We got 2,000 for each buy in and rebuy and 4,000 for the add on in both tournaments. In the $2 I needed to finish in the top 5 of 611 and in the $8 I needed to finish in the top 6 of 312. At one point I had over 150,000 chips in both tournaments simultaneously! This put me in second chip position in the $8 and about 10th in the $2. I was thinking that it would be one of the greatest achievements of my poker career if I could win two, $1,050 seats in tournaments that I got into for $10 and $25.

But anytime you have 5 minute limits things move so quickly that it becomes a bit of a crapshoot. In the $2 with 60 people left the blinds were up to 10,000/20,000 with a 2,000 ante. I moved in for 120,000 with KQ, got called by AT and lost.

The $8 was more of a heart breaker. With 16 players left (needing to make it to 6th to win) I was in third place (there were many fewer chips in play in the $8 since people did many fewer of the more expensive rebuys and the field was half the size to begin with) and I raised with AK. A player with JJ moved all in for about 100,000 and I called. The flop came with a K and I was a 10-1 favorite. The turn was a blank and I was a 22-1 favorite. Sadly the river was a J, I lost the pot and was out a few hands later. If I'd won that pot I would have been in 1st place with 15 players left with (in my estimation) about an 80% chance of making it to the top 6. So close!

I started the $1,050 event feeling pretty good about my chances since I'd made the money in my previous two WCOOP hold'em events (the chance of that happening for a player of exactly average skill in both events or if it was all luck would be 1 in 57.7). The blinds started off at 25/50 and the players started with 15,000 chips each.

One of the things that makes a big money tournament great is how long it's going to take. If I'm playing a $20 tournament I want it to be fast so I can play a lot of them. But if I'm playing a $1,000 tournament I want it to take as long as possible. The longer it takes the more skill comes into play. The things that determine how long it's going to take are the number of starting chips, the length of time between blind increases and the severity of blind increases (ie do they jump from 100/200 to 200/400 or do they jump from 100/200 to 150/300 and then to 200/400).

It occurred to me that at the main event of the WSOP they also start with 25/50 blinds and have almost the exact same severity in blind increases, but they start with 10,000 chips instead of 15,000! Of course they have 90 minute limits instead of 30 minute limits, but when you factor in the fact that you get twice as many hands per hour online, this tournament structure was not far off from that one. The point is, this was a great tournament set up allowing for plenty of time to have skill come into play.

Early on, I played a hand beautifully, but it didn't work out as well as I'd hoped. The blinds were 50/100 and a player in middle position open raised to 400. I had AA in the small blind and I reraised to 1,000. I was hoping the initial raiser would do something stupid like move all in or make a big reraise, but he just called. The flop came down 6 5 2 with two spades which was a fantastic flop. There was almost no chance that I was behind and I knew I'd get action from just about any middle or big pair. I bet out 1,200 hoping to get raised, but my opponent just called. The turn was a 5 which was another great card.

I figured there was about a 98% chance that my opponent had either AK (not very likely since I had two aces AND he'd called a sizable bet on the flop, but still a slim possibility), a pair between 77 and KK or a flush draw. By far the most likely hand for him to have was a pair. Conventional wisdom would tell you to bet again here and almost anyone would have bet again. But, I was almost positive that my opponent had an over pair to the flop and I figured that if I checked, he'd think that I had a hand like AK and bet his pair. I could then raise him and put him in a real bind. Even if he didn't have much of a hand I thought he might try to steal the pot with a bet. Checking when you know you have the best hand hoping to induce a bet from a worse hand is one thing that separates the pros from the weekend warriors.

But he checked. Crap! Maybe he had a flush draw? The river was the 3 of spades which was a terrible card since it completed the flush draw and put a 1 card straight possibility on the board. Now I couldn't bet for fear of a flush and if my opponent did have a big pair there was no way he'd bet it now. We both checked and he showed JJ.

Pocket Jacks? What kind of weak ass player won't bet pocket Jacks on a board of all small cards after a check on the turn? Bastard! For about 3 seconds I thought "I should have bet on the turn." But then I remembered David Sklansky's Fundamental Theorum of Poker. It essentially says; anytime you do something differently than you would if you could see your opponents cards, they benefit and every time you do something the same way you would if you could see their cards, you benefit.

The point is, if I saw that he had JJ I would have checked the turn for sure so even though I would have made more money by betting, I still played the hand correctly. That might be a little counterintuitive, but asking yourself if you would have done anything differently if you could see their cards during the hand is a powerful tool in evaluating your own play.

My next interesting hand came with blinds of 150/300. I had Q7 of spades in the big blind and the player on the button raised to 850. I made a loose call in the big blind and the flop came down K 4 4 with two spades. My opponent could really have just about anything. Some players will raise almost any two cards on the button if everyone folds to them and one of the reasons I called is I knew if I got a chance to show my hand, the player on the button would be less likely to raise my big blind in the future knowing I would call with weak hands.

Now that I'd called and gotten a fair flop, I wasn't sure what I wanted to do. This was a rare situation in the sense that betting small, betting big, check calling, check folding and check raising were all reasonable options with their own risks and benefits. I decided to check and see how much my opponent bet. There was 1,850 in the pot and he bet 1,500. I was hoping he'd bet something like 1,000 or less which would indicate weakness which would make check raising the clear thing to do, but this was a little tougher. Folding was certainly an option, given the size of his bet, but I decided to call.

The turn was a blank and now I was facing a tougher decision. I was now only about 20% to make my flush and I couldn't call a big bet. Luckily my opponent only bet 2,000. I wasn't quite getting the odds I needed to justify a call, but I figured if I hit, I'd be able to win some more chips on the river. Happily the river was a spade, I bet 5,000 and got called. My opponent had AK and was no doubt wishing he'd bet more at some point during the hand.

I was over 30,000 chips at that point and feeling pretty good. In fact over the next hour or so I managed to win 3 or 4 pots in the 2,000-3,000 chip range and found myself with over 40,000 chips about 3 hours into the tournament. Unfortunately it was all down hill from there.

It wasn't one big hand that did it to me. It was a few failed small bluffs, a few times I missed with good hands against people who hit and a few risks that didn't work out. Essentially the problem was I went over 100 hands without winning a pot bigger than just the blinds. When the blinds moved to 500/1000 with a 100 chip ante about 5 hours into the tournament (I'd been dealt over 300 hands to that point) I was down to just over 10,000 chips.

On the hand that I went broke I was in the small blind with K 3. The player on the button just called and I put in 500 chips looking to see a cheap flop. There was already 3,400 in the pot so I was getting almost 7-1 on my money and I needed to take some chances before I was ground into dust. The flop came down K T 9 with two spades, which looked promising and dangerous at the same time.

I decided I was going to go with this hand and hope for the best so I decided to try a check raise. I checked as did the player in the big blind and the button bet 2,000. I moved all in, the big blind folded and the button instantly called. When the cards turned over I saw that he had A4 of spades which put me at 54% to win the hand. The turn was a blank and I was 73% to win the hand, but the river was an ace and I was out in 1,054th place.

The WCOOP is winding down for me even though Sunday's event was only #14 of 23. Almost all of the remaining events are either too expensive or games that I don't play for big money or both. After yesterday's action my starting bankroll of $2,000 is at $3,082.

I have plans to play two more WCOOP tournaments. One is $320 6-handed no limit hold 'em on Wednesday and the other is a $320 satellite to the $2,600 main event on Saturday. The satellite is special because pokerstars is guaranteeing 100 seats will be given away. I'm sure they'll get more than enough players to meet that guarantee and I feel like this is my best chance to get into the main event which I'd love to play, but is just too expensive.

I might play a handful of satellites here and there, and if I make the money on Wednesday I might make a stronger effort to get into the main event, but I'd like to have some profit to show for all of my efforts even if it's just a few bucks. I think maybe I'll give myself another $142 to work with playing small satellites to various events so that no matter what I'll end with a $300 net profit and my backers will return 15% on their investment.

Sunday, September 23, 2007

My WSOP 2023 Plans and Missions

After four and a half years working for StubHub I wrapped up my time there in March. I've been at the poker tables 3-4 days a week since...