Monday, July 27, 2015

Another min cash

Last night, I made the money in an MTT 8-game again. Six players received the lowest payout, and I was the sixth one. In other words, I min cashed, bubbling the next higher payout. Just for fun, I calculated my hourly rate on the night. Since I won $300, and played for just over an hour, my rate was just a squeak under 5 dollars an hour.

I've now played 75 MTT 8-games, and have made the money in 33 of them. Friends and neighbors, that means I'm making the money at a 44% clip. I may never go back to cash games again :-)

style flavor buy_in entry players hands place winnings

MTT   8-Game   4500   500       6   102    19     5300


delta: $300
MTT 8-game balance: $180,320
balance: $8,916,573

Sunday, July 26, 2015

Three great reasons to just say no to HORSE

One great reason should be enough to say no to practically anything. Three great reasons is a slam dunk. Here are three great reasons to just say no to HORSE:

1. there's no no limit hold'em
2. there's no deuce
3. it's 8-max, not 6-max

I have to admit, the only reason I play HORSE at all any more is for something to while away the time as I wait for an 8-game to start. That's a bad reason to play it, and I'll try to be more patient the next time that situation arises.

style flavor buy_in entry players hands place winnings

MTT   HORSE    4500   500       8    20    52        0
MTT   8-Game   4500   500       6    63    32        0


delta: $-10,000
MTT 8-game balance: $180,020
balance: $8,916,273

Saturday, July 25, 2015

Under the lights

I've been kidding you, and I've been kidding myself. Let me try to determine which is easier, and which is more difficult, to do. As a given, the easiest thing in the world to do is to kid yourself; therefore, perforce is must be more difficult to kid you. How have I been kidding you (and, by extension, myself?) I'll tell you how. I've been pretending that it doesn't matter to me whether or not I make a profit when I play poker. Such utter bullshit! In fact, it means a great deal to me always to be able to make a profit when I play poker. Stated another way, it means a great deal to have the ability to make a profit at will. I need to be able to believe, and with good reason, that I'm always and ever the captain of my own poker fate.

So let me tell you what I've come to realize. It means nothing to challenge myself if the odds aren't right. It's precisely the wrong thing to do to challenge myself when the odds are wrong. I recognize now that playing massive field MTTs is the wrong way to challenge myself. The profit potential just isn't there, and there must always be a profit potential. Otherwise, what's the point?

One very nice feature of making the final table of an MTT on PokerStars is that the software makes you feel very good about it. They actually add spotlights to the interface to make you feel super special!

Last night, I got back to the blue in a poker flavor. Specifically, my MTT 8-game balance hit an all-time high. It would be foolish for me to play any other flavor than MTT 8-game at this juncture.

style flavor buy_in entry players hands place winnings

MTT   NLHE      900   100       9    91    79     3402

MTT   8-Game   4500   500       6   205     4    26390

delta: $23,792
MTT 8-game balance: $185,020
balance: $8,926,273

Friday, July 24, 2015

Double the chips

Chips are the lifeblood of poker. Without them, you must relinquish your seat at the table. It's always a good thing to have more of them! That includes having more of them to start play with. In a tournament, everyone starts with the same amount of chips. I've been getting very used to a starting amount of 1,500. Last night, in the final MTT I entered, I got a pleasant surprise; everyone's initial stack was 3,000. Double the chips! Of course, double the chips wouldn't have meant much if the antes and blinds had also been doubled, but thankfully they weren't. I contend that the bigger everyone's starting stack is, the greater the advantage skilled players have over those less skilled. I ended up making the money in that double chip tournament. Tonight, I'll be on the lookout for more of them :-)

buy_in entry players hands place winnings

   900   100       9     7   464        0
   900   100       6     3   416        0
   900   100       9    63   204     1666


delta: $-1,334
MTT NLHE balance: $-23,174
balance: $8,902,481

Thursday, July 23, 2015

First massive field MTT cash

Last night, I played three massive field MTTs, and achieved my first massive field MTT cash. I won $2,220 for coming in 135th of 881 players. It's hard for me to explain how fun I find these tournaments, or why I'm so content to play them when it very likely means that my bankroll will stagnate. The best way I can find to explain it is that these tournaments are a colossal challenge, the biggest I've encountered in my poker career to date, and the only way to feel completely fulfilled as a poker player is by taking on the biggest challenges you can.

style flavor buy_in entry players hands place winnings

MTT   NLHE      900   100       9    62   135     2220
MTT   NLHE      900   100       9    19   287        0
MTT   NLHE      900   100       6    17   339        0


delta: $-780
MTT NLHE balance: $-21,840
balance: $8,903,815

Wednesday, July 22, 2015

Futile decade

With last night's losing session, I've now set a new personal worst for losing sessions in a row; it's currently 10, and counting. That's what I call a futile decade :-) My next worst losing session streak is 7 in a row. The thing is, I'm not playing badly. I'm discovering that you can play a lot of huge field MTTs and fail to make the money. They're really fun, and cheap to play, so I'm not giving up on them.

My final hand of the night was a brutal one. I'd been dealt pocket rockets, and went all in after the flop. I was a 77.88% favorite after the flop, and a 79.55% favorite after the turn, but it wasn't meant to be. My opponent hit a flush on the river, and that was all she wrote.

style flavor buy_in entry players hands place winnings

MTT   NLHE      900   100       6    39   349        0
MTT   NLHE      900   100       9     3   280        0
MTT   NLHE      900   100       6    44   318        0


delta: $-3,000
MTT NLHE balance: $-21,060
balance: $8,904,595

Tuesday, July 21, 2015

Guaranteed action

Poker players love action, since action is the engine which builds (and sometimes destroys) your stack. In huge field MTTs, I'm finding that you get action in spades. It's a bit too much of a good thing, actually. Last night, I played four huge field MTTs, and didn't make the money in any of them. I consider that I got my money in good on every hand where I hit the felt, however. Let's take a look:

MTT 1: I was dealt pocket eights, went all in preflop, and got one caller, who'd been dealt ATo (ace ten offsuit). I was a 55.25% favorite to win the hand, but lost to trip aces.

MTT 2: I was dealt Ah Kh, went all in preflop, and got one caller, who'd been dealt Ac Ad. I was an 11.51% underdog, and lost to his pair of aces. Still, I consider that I got my money in good. This was what I call a retroactive bad beat :-)

MTT 3: I was dealt Ad Kd, went all in preflop, and got two callers. One had been dealt J9o (jack nine offsuit) and the other had been dealt a pair of fours. I had a 41.23% chance of winning, the J9o had a 28.54% chance, the pair of fours had a 29.83% chance, and there was a .4% chance there'd be a three way chop. The pair of fours won with a full house, fours full of threes.

MTT 4: I was dealt pocket jacks, went all in preflop, and got one caller, who'd been dealt Q7s (queen seven suited). I was a 68.75% favorite to win the hand, but lost to two pair, queens and sevens.

The largest field was in the second MTT, which had a colossal 993 entries. That MTT paid an incredible 240 places. The closest I came to making the money was in the first MTT, which had 783 entries and paid 189 places; I came in 214th.

style flavor buy_in entry players hands place winnings

MTT   NLHE      900   100       9    43   214        0
MTT   NLHE      900   100       6    27   341        0
MTT   NLHE      900   100       9     8   423        0
MTT   NLHE      900   100       6    28   443        0


delta: $-4,000
MTT NLHE balance: $-18,060
balance: $8,907,595