Don't Call It a Comeback (Part 2)

When I last left off the story of my non-comeback, I'd spent about a month playing 4 hour sessions 3 times a week, winning very steadily and had taken my starting bankroll (if you could call it that) of $500 and run it up to $2,000.

During this run it kept bubbling up in my consciousness  that for years I was playing against a pool of professional players from all over the world who played poker all day long 5 or 6 days a week, who were tracking my actions against them with software and using that data to tailor a strategy specifically to beat me. Of course eventually I started using tracking software too, but the point is I was able to win under those circumstances so it shouldn't be surprising that I was winning easily against a group that is 100% amateurs - some of whom are truly terrible.

After brushing off the rust at $6/$12 I knew it was a waste to not move up. But $2,000 isn't exactly a $15/$30 or $20/$40 bankroll. That could be gone in one bad session.

I was talking to my good friend E.B. about the fact that I was playing again regularly and he offered to take half my action at $15/$30. Instead of playing $6/$12 and paying $4 out of every pot to rake and $1 to a dealer tip, I'd now be playing $7.50/$15 with my end of the rake being $2 a hand and effectively tipping $50 cents. I figured this was worth about $10 an hour in rake savings. But of course I'd have to play against stiffer competition.

The Oaks $15/$30 is a very strange game. At times it is extremely soft and at other times, it's full of a players who really know what they're doing and could be winners in much larger games at other casinos. But I didn't mind so much if I had to play against those tougher opponents, because part of my wanting to move up was to get a sense of if I still had the skills locked away in my brain to beat tough competition.

My first time back at $15/$30 I felt nervous which really pissed me off. What did I have to be nervous about? If I played my best, I'd be hands down the best player in the game and I only had half the action. I way over thought things, called down too much, gave my opponents too much credit and lost $442.

After booking a couple more $6/$12 wins, and a $200 score playing $8/$16 at Bay 101 I gave the Oaks $15/$30 another shot. This time I didn't feel nervous at all. I'd spent a lot of time analyzing my previous session and the mistakes I made. I didn't repeat them. I came in confident and won $800 in a 3 hour session. A few days later I banked another $1,200.

Of course half of this money was going to E.B. so it wasn't as big as it sounds, but it felt great. Somewhere in the mix there was a $720 tournament win (4th of 75 in a $225 tournament) that we also split and after the $1,200 win I sent E.B. a text and said "a couple more of these and you're going to owe me a nice dinner." He said my math was off and one more would do it.

After my one visit to play $8/$16 at Bay 101 I decided I needed to check out their $20/$40. If the $8/$16 was any indication it would be a very soft game. And it was.

There was this one lady who was a Bay 101 dealer playing. She had about $700 in front of her when I sat down and ran it up to $2,000 while drinking heavily. She was playing crazy, hitting a lot of big hands and the table was responding by being very loose and aggressive.

I kept winning the small pots and losing the big ones, thinking "If I can make two 5 card hands or sets I'm going to be up $1,000." Instead I had 90 minutes fold, fold, fold, win a small one.

Finally I caught a break. Losing about $400 for the session, I limped in with J9, there was one raise and the flop came down J 9 3 with 6 of us in the pot. It was checked to me and I bet, there was a raise, I three bet and we took the turn 5 way. The turn was another 9 - BINGO! I bet and every body called. The river was a 10, I bet there was a call and now the crazy lady raised! "Ah ha" I thought, "Now I'm going to get paid!" Sadly that raise put her all in. She'd dumped all $2,000 in 90 minutes and I got her last chips. When she showed her hand she had T9 giving her a smaller full house! "AHHHHHHHHHHHHHHHHHH!" I thought. If she'd had more chips it would have been AT LEAST 3 bets on the turn and 4 on the river with other players tagging along.

A couple of hands later I saw a flop with 88 in a 6 way capped pot. The flop came down J82 with two diamonds. The small blind was the one who capped the preflop action and he fired out. 4 players called and I was last to act. With everyone in there, no way was I slow playing. I raised, the small blind three bet and I capped it hoping everyone would put me on a flush draw. Sure enough the small blind fired out after the turn came a black J, two players called, I raised again and they all called. The river was a beautiful black 3 and I got called by the small blind who had AA and some nut who had turned a pair of jacks. There was over $1,300 in that one pot!

I played a couple of more rounds and left with a $900 win in the $20/$40 (plus a free dinner). The story of that dinner, and the next few session leading up to the present will be along shortly in Part 3 of this very long recap.

Don't Call it a Comeback (Part 1)

After almost 2 years away from poker, I'm back!

I wasn't 100% away from poker all that time; I played a half dozen tournaments and another 4 or 5 sessions playing low stakes games mostly as something to do while a good friend of mine and I had a few drinks and caught up. But the door on making any kind of money or taking poker seriously in anyway was completely closed. I played fewer hands in those two years than I did on a typical Sunday during the prime of my career.

Black Friday came and went in April of 2011 and I was mostly unaffected. I was 4 months into my new job as Business Development Manager at HitFix.com and while I felt sad for a few of my friends who had been badly burned, the only immediate consequence for me was $500 I had languishing on Absolute Poker evaporating.

As time passed, I decompressed. I didn't realize how tightly I was wound until I had months away from the mania of playing 500+ hands an hour, day after day in a situation where I had to win to support my family.

I've read that how stressed you feel is not related to just things that have happened to you today or last week or last month, but events from the past two years. I'm not talking about major trauma, which of course can have permanent influence on your state of mind, but rather things like getting married, moving, the birth of a child or say a flood of two outters coming in against you that seems to never end.

It took 6 months of being totally away from the daily grind for me to feel totally relaxed and like my career was well behind me in the rear view mirror.

Having a standard job has some major benefits. I get paid the same amount every two weeks even if I have an off week. I can totally check out when the weekend arrives instead of feeling like I should always be working. I get paid holidays, sick leave, vacation pay, stock options, and when I have a really tough decision I ask my boss to make it for me.

But it's always that same amount of money coming in month after month. If I want to spend money on something I have to not spend money on something else. Once my life felt fully stabilized. I decided it was time to start adding to the cash flow.

I figured I could still beat the middle limit hold'em games in the bay area, but I didn't have a bankroll of any kind to start with. I was able to come up with $500 that if I lost wouldn't be a big deal and hoped that would be enough. More importantly for my state of mind, any amount of extra money I could bring in was all bonus money.

When my poker career was in full swing, a win or loss needed to be a few thousand dollars before it was at all noteworthy and anything less than plus or minus $500 felt almost like breaking even. Now I was thinking if I could go make $50 a session, it would be worth my time. I'd buy something with that $50 that otherwise I might not have instead of having it rolled into the pile that would pay for next months bills or be half a percent of the $10,000 budget I had for the next big series of tournaments. $50 or $100 was now an actual win in my mind and I was ready to give it everything I had to book this wins.

On August 8th I rolled into Oaks Club and took a very familiar seat at a $6/$12 limit hold'em game. It had been about 9 years since I played $6/$12 seriously - sober, well rested, focused, determined to win. I played 4 hours and won $5. Not exactly earth shattering. But over my next four sessions I had wins of $250, $160, $167 and $310 playing 3-4 hours each time. The old plays were coming back to me and I was started to get to know the new cast of Oaks $6/$12 players. I had a couple of losing sessions, but over the course of a month I ran my $500 up to a little over $2,000 playing three 4 hours sessions a week and sticking to $6/$12 exclusively.

My results got even better the following month, but that will have to wait for my next post which should be coming in the next day or two.

My plan is to return to blogging how I used to - sharing the ups and downs, talking about my results, specific hands, lessons learned and how I'm feeling about being back at the tables.

Add a comment if you're glad to hear I'm back.

The Best Day To Play

I remember when I was 21 and looking to take my first shot at the $15/$30 game at the Oaks Club. I asked one of the grizzled old veteran players who played a mix if $6/$12 and $15/$30 when the best time to take a shot was. "Holiday Weekends" were the first words out of his mouth.

I've confirmed that sentiment many, may times. In fact for my entire professional career, three day weekends were the exact opposite of time off. This weekend I had a half day on Friday, and with Monday being a holiday as well this was the most time I've taken off from working in I'm not sure how many years. It may stretch all the way back to my honeymoon in 2005.

Yesterday in the tradition of people who only play every now and then I took a trip to the Oaks to play for a few hours. It was the best game that I can remember. It seemed like every hand was 6 or 7 way action for one bet before the flop and anytime someone bet they had a hand and if they raised it meant a monster.

Most people think the best games are the ones with tons of ill advised raising and huge pots. Those games are good, but it's hard to extract maximum advantage when the clowns you are playing against could have anything and the fluctuations are off the charts. I'd greatly prefer everyone playing as straightforward and passive as possible. It's almost impossible to lose in those games over any significant length of time.

Family comes first these days and I wasn't playing for big money so I split a small winner after about 3 hours. But I did confirm one more time that hitting the tables over a three day weekend is never a bad idea.

Missing Poker

I've been missing poker lately. I've also missed writing in the blog. Hang tight poker fans, because eventually I'll get back to writing.

In the meantime, good luck to you all!

E-mail from Pokerstars

I have yet to investigate, but this leads me to believe that FullTilt is totally screwed:

We would like to bring your attention to the following two press releases:

PokerStars Official Statement, June 29 2011

In light of today's news that Alderney Gambling Control Commission has suspended Full Tilt Poker's license, PokerStars wishes to assure our customers that their funds are completely safe and that our operations are completely unaffected. The Isle of Man Gaming Commission today re-affirmed that PokerStars' worldwide licensing is intact and that our operations are in full compliance with all of its requirements. PokerStars' online operations continue as normal and all funds in players' accounts are safe and available for withdrawal as usual with no delays.

PokerStars also remains in full compliance with our licenses in other jurisdictions where we are regulated, including France, Italy and Estonia.

As provided under our licensing, PokerStars has always maintained the integrity and security of our players' funds, by keeping all such funds in segregated bank accounts, always available for immediate withdrawal.

Since the actions of US Department of Justice in April, we have returned more than $120 million to US players and continue to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays. Further, PokerStars entered into an agreement with the Department of Justice which expressly confirmed the company's ability to operate outside the US.

We will continue to operate as a responsible corporate citizen and are committed to serving the needs of our customers in complete compliance with our regulatory requirements.

IOM Gambling Supervision Commission Statement, June 29 2011

The Isle of Man Gambling Supervision Commission wishes to make it clear that the licensing status of PokerStars in the Isle of Man remains unchanged following today's statement from the Gambling Control Commission in Alderney. Alderney is a separate jurisdiction from the Isle of Man and the operation in question is separate from PokerStars.

PokerStars continues to demonstrate compliance with its licence conditions in the Isle of Man. PokerStars continues to offer withdrawals to any players who wish to withdraw their funds, including players in the USAto whom PokerStars does not currently offer real-money gaming.

The official statement from the IOM Gambling Supervision Commission can be found here.

We would like to thank you for your continued support.

Best Regards,
The PokerStarsPartners Team

Dear WSOP: I Miss You!

I looked a twitter today and saw a post from Phil Helmuth that he'd finished 2nd to John Juanda in the $10,000 NL 2-7 event at the WSOP. My first thought was "Holy shit the WSOP is already underway? I guess it's the middle of June. I am really out of touch!"

I've played 3-10 events at the WSOP every year for the past 6 years cashing at least once every year except 2007. This year Vegas is not in my plans and it's really hitting me how over my poker career feels.

The time I spent in Vegas every summer taking my shot at the big time was always the most hopeful time of year for me. Every tournament buy in was the chance to win hundreds of thousands or even millions of dollars and especially in the last few years I knew I was good enough to get the job done if I got a few breaks. I didn't need a Moneymaker miracle, just a few key hands to go my way and I could take care of the rest.

I'm missing that feeling of walking into the Rio with a roll of $100 bills so fat that I can't fit it into one pocket. I miss the feeling of making it to Day 2 after playing for 15 hours and sealing my chips in a tamper proof plastic bag. I miss the feeling of total calm that settles over you when you make the money and it's all gravy from that point on. I miss calling my backers to tell them the good news. A little piece of me even misses the soul crushing oh so long deep breath filled walk from the Amazon room back to my room at the Rio after getting busted.

I have no idea what the future holds for my WSOP career. Right now my bankroll is essentially zero. I burned off all buy a few thousand bucks paying bills during the 6 month transition between full time poker pro and full time Business Development Manager at HitFix. The rest has been absorbed into a standard bank account waiting to be spent on an unexpected car repair or some future vacation.

At this point I feel like there's a good chance that I won't play more than 1 or 2 events in the next 10 years and when I do play I'm probably going to be absolutely terrified.

Then again, maybe I'm not washed up just yet. As they say, there's always next year.

Poker Lessons and Poker Coaching with Dr. M

Over the years I've tried to help friends and family get the most out of their time spent playing poker. It's not always easy. Learning how to play poker is like learning anything else that has deep complexity. It takes time, it takes effort and it takes practice. Most beginners are looking for the secret code that's going to let them win like I do so they can dive into the deep end and try to swim.

At least a dozen times I've been faced with a situation where someone who has almost no poker knowledge beyond what beats what, wanting to know how to play because we are at a casino or they've decided to play online after watching me play. I could talk for days about just starting hands and now I have to condense 10 years of knowledge into 10 minutes?

On the other end of the spectrum is my only current student (I'll call him Dr. M). Dr. M is actually a doctor which is great because he can afford to pay me $50 an hour to help him and because it means he's spent a huge chunk of his life learning. Dr. M has read just about every poker book out there so if I tell him that with an M of 10 the implied odds are not there to limp in the hijack he knows what I mean without having to think about it.

I've found it interesting that what Dr. M needs is not lessons, but rather coaching. What's the different between lessons and coaching? You get golf lessons when you're shooting 110, take 3 shots to get out of a sand trap and couldn't read a putt if it was in neon block letters. You get coaching when you're shooting 75 and want to get it down to 72. With Dr. M all the pieces are there, the just need to be put in the right place.

At this point I've been coaching Dr. M for almost a year and a half, talking to him about every 3 weeks on average. In the past two months he's had 3 or 4 solid tournament scores so we've been talking more often (he's got the fever). Since I don't get to the tables much these days, I'm hoping to start sharing pieces of my conversations with Dr. M on this blog in the coming weeks and months.

Or I might totally forget and never share a single hand! That's sort of how I work. We'll see...

If you're interested in lessons, coaching or poker consulting please send me an e-mail at wdhuff@gmail.com.

Which U.S. Friendly Poker Site Will Be the New #1?

Rakebacknation.com is where I've always gotten my rakeback (I'll have to talk to them about ads since I'm always giving them free press) and also where I've gone to discover new reliable poker sites. Your money isn't 100% safe on any site since you never know when they'll go under, but at least if you choose one of the sites listed on RBN you know they've been thoroughly checked out.

Right now they have 7 U.S. friendly poker sites listed, all of which were barely an afterthought two weeks ago. Interestingly enough those 7 sites are under only two umbrellas: Merge and Cake.

It's fairly common for sites to join forces and start a network. In those situations both sites feature the same cash games, but if you log in from site A, site A gets any rake you pay even if you're playing against some players from site B. Usually sites in these networks run their own tournaments and sit-n-gos, but lumping cash game players together makes it easier to create the critical mass required to have games running regularly.

Apparently the Merge Network is currently the most trafficked in the US with Carbon Poker as it's flagship room and RPM coming in second. The Cake Network, made up of Cake Poker, Doyle's Room and a few smaller sites is the other major player in U.S. online poker today.

If you ask me it won't take long for Cake and Doyle to overtake Merge and get out to a large lead. In a business with choices brand recognition is huge. Doyle's Room and Cake have been blasting me in the face with images of Doyle's road worn mug and massive cakes for years now. Every time I turn my head Doyle Brunson is spitting out some stolen quote about champions and Cake is telling me to eat more cake or scarf more chips.

Their competition is not nearly as entrenched and while I've played on Carbon Poker it was only to target a specific promotion and while doing so I often asked myself "What they hell are you doing playing on this bullshit site!?"

Sometime next weekend I'm going to poke around on the remaining U.S. options and evaluate the possibilities. Be sure to check back for that report and if you don't want to forget, sign up for e-mail alerts on the right side of this page.

Who do you think will win in the end?

I've Updated My Blog Design!

After a few months in the website business I realized that my blog was an outdated eyesore! I've made a few adjustments, to give my blog a more modern feel and I'm going to try to start posting regularly again about all things poker.

In the right sidebar I've added a place to get notified every time I post and I'd encourage you all to enter your e-mail there so you don't miss any of my sometimes informative, slightly entertaining and occasionally obscene poker posts.

If you have any negative feed back please go stuff yourself and I hope you start losing all of your pocket aces to one outers. Actually I take that back. I hope you get hit in the face with an errant golf ball which is actually much more pleasant (I don't want to wish one outters on anyone).

Party Poker Making a Push?

I got an e-mail from someone at an ad network yesterday asking about advertising on my blog. In 5 years of posting this is the first time I've been contacted by an advertiser (not surprising given my very lite traffic).

I've had those silly banner ads for Pokerstars and FullTilt in my sidebar for years and never made a dime so when someone told me me they'd give me $250 to take those down and put up an ad for their client it took me all of 7 seconds to write them back and say yes.

I was guessing that I'd find myself with an ad for some small site I'd never heard of, but much to my shock it was Party Poker! Party left the US market within weeks of the UIGEA passing in 2006 and I'm sure they've been waiting eagerly for these past 4+ years to be rewarded for following the rules.

I see this as a good sign for the future of U.S. online poker. If Party thinks they'll be making a comeback and they're willing to bet on it by paying to get their name out there, then I tend to think they know what they're doing.

Right now I've got the over under for above board U.S. based pokersites launching at 24 months.

Were the Feds Bribed Into Shutting Down Major Online Companies?

When I originally heard the news that Pokerstars, Absolute Poker and FullTilt had been shutdown by the feds I assumed this meant curtains for the entire U.S. online poker industry. But so far that's not the case.

The big three had maybe 90% of the market share, but there are a half dozen other sites that have had small, but significant player bases. Is it possible that one of these sites will become the new leader in the U.S. market or will the rest of these sites get picked off as well?

I'm not one to put forth conspiracy theories and I don't spend much time thinking about what goes on behind the scenes in government, but something just doesn't add up here.

About a year ago the state of Kentucky tried to seize the domain names of a bunch of online casinos, poker sites, and sports betting sites just like the federal government did on Friday. They weren't able to do it because the state government just didn't have enough muscle behind it. But many of the sites took action and blocked users who lived in Kentucky so they wouldn't get sued.

Did Kentucky go after Pokerstars, FullTilt and Absolute? Of course they did. But here's where it gets interesting. They went after over 140 other sites as well. Online poker rooms and casinos are not trying to hide so I'm sure all it took was an afternoon pounding the keys on Google to generate that list.

There is a pretty big difference between 3 and 140. I get spam e-mail from 3 online casinos a day and you'll find ads for at least 7 or 8 in every issue of every poker magazine.

So why did the feds stop at the big 3 instead of going after everyone? Because someone at one of the other half dozen sites that has a chance to inherit the U.S. online poker kingdom bribed someone high up to make sure the shutdown only affected the big 3.

It's like in the movie Heat when Tone Loc trys to trade information about Robert De Niro's crew to Al Pacino in exchange for Pacino shutting down the chop shop across town so that Tone's chop shop can prosper. It was a minor sub plot at most, but you get the idea.

Pokerstars was making billions of dollars off the U.S. market. Not millions, not tens of millions, not hundreds of millions - BILLIONS! All that demand is still there and all you have to do is look at what happened in 2006 to see the effect of the industry leader stepping aside.

Party Poker was King in 2006, Pokerstars was a Duke and Fulltilt was more like the manager of the local brothel. But when the Unlawful Gaming Enforcement Act passed Party Poker left the U.S. market and in a matter of a few short months pokerstars had swallowed up most of their customer base with Fulltilt scooping in some sizable crumbs.

If things stand as they do today, one of these smaller sites like Cake Poker, Carbon Poker, Bodog or Doyle's Room is going to blow up and a handful of people are going to get very, very rich. Actually there's no chance of it being Bodog because their software is a steaming pile of shit.

Maybe these other dominos are going to fall...but maybe not.

Should Online Gambling Be Illegal - A Mashable Poll

As part of my new job I read a half dozen daily e-mail news letters to stay up to speed on what's going on in the worlds of technology, the web, advertising and online media. One of the newsletters I skim a few times a week is Mashable.

On Sunday Mashable had an article about the shutdown of Pokerstars, Fulltilt, and Absolute Poker part of which was a poll. More interesting than the poll results was the question - "Should online gambling be illegal."

This is a much different question that should online *poker* be illegal. Even though this is an online poker story and series of events, Mashable has done what so many other news outlets have done in the past and lump poker together with other forms of wagering.

So should online gambling be illegal? Probably. Games of chance that have totally fixed odds (meaning they're always the same not 'The Fix is in!' - actually the fix is in and everyone knows it) and little or no chance for the player to affect the outcome do not belong on the Internet. Those are my personal feelings, but frankly I can't back them up with logic.

If you want to be a total fuck head and play online craps it really shouldn't be up to the federal government to make that decision for you. They're not trying to save you from buying a TV that costs as much as a months pay or buying some sweet rims for that 86' Buick Skylark.

You can go spend $5,000 on Superbowl tickets for a game that lasts 3 hours and most people would think that it's fine if you want to spend your money that way. But most of those same people would think you were totally nuts if you went to a casino and lost $5,000 even if it took you a week. To them it doesn't matter if you had a great time. All that matters is that they know that gambling is bad and wrong and you shouldn't do it because that's been beaten into their brain from the time they were 5 years old.

Should wagering on games of skill online be illegal? Absolutely not! (If you'd like to argue that poker is a game of chance and not a game of skill, just don't - you're wrong). Don't tell me what I can and can't spend my money on. If I want to piss it all away, that's up to me.

I'm in favor of any game with any element of skill being played for money online. I'm talking everything from Chess to Hearts to board games. I'd love to play a winner take all game of Monopoly for $5 every now and then.

Now some of you might say Monopoly is a game of chance. I would disagree there, but would say there's room for debate. I tend to think that anything that involves decisions and certainly negotiation of trades means it's a skill game with an element of short term luck. Think about it this way, do you think you could beat an average 10 year old more times than not?

So what was the exact poll at Mashable and what were the results?

Yes, it's now a victimless crime and people will do it anyway - 2,888 votes (53%)

No, it makes it too easy for people to become addicted to gambling - 793 votes (15%)

Maybe, if it's tightly regulated to prevent cheating and fraud - 1,727 votes (32%)


I have to say that this poll is garbage because they didn't ask the right question and they put to many qualifiers in the answers. Can't I think no without the reason being my concern for gambling addicts? Can't I think maybe without my only concern being cheating and fraud?

What's interesting is that despite what the average American might think online poker on the sites that were just shut down was EXTREMELY regulated to prevent cheating and fraud. Now players will be shifting to other less reputable sites which are less regulated and more dangerous.

Even with my complaints I'd like to note that only 15% of people said flat out no.

What do you think? Leave me some comments if you have an opinion.

More on the Fate of Online Poker

24 hours after the Federal Government shut down online poker in the U.S. you now get a message from the FBI if you try to log on to Pokerstars, Fulltilt or Absolute Poker from the web. If you open the software you get a message telling you that U.S. players can no longer play for real money, but your money is safe and they've had to rework the guaranteed prize pools for their tournaments.

My prediction is this will be the effective end for many of the medium sized sites. Pokerstars and Fulltilt are so big that even though they've lost 50% of their customers overnight they'll be able to survive.

I don't think others will be so lucky. I expect familiar names like Cake Poker, Doyle's Room and maybe even Ultimate Bet and Absolute Poker (who were all in trouble anyway) will become total ghost towns and may close up shop.

Like I said in my last post, in the long term this is good news. Pokerstars and Fulltilt are losing tens of millions of dollars *every day* that poker is shut down in the U.S. They and all the people who have been playing poker online in the U.S. finally have some real motivation to get pissed and give a real push for change.

When the day comes that Average Joe U.S.A. can deposit with a credit card and be sure that his money is safe the influx of players who have no clue what they're doing is going to be overwhelming.

I'm not just talking about people who have never played poker before. I'm talking about people who play in Vegas and people who have played in home games or local casinos too. People who feel like they know what they're doing, but are playing at a pretty basic level will be everywhere. They will certainly have no chance against me or other online pros (and former pros), and will probably get crushed by even the players who are skilled enough to be small to medium losers in the current online poker world. A pit bull might be pretty tough, but not in a fight against a lion or a grizzly bear...or a T-Rex! CHOMP!

In related news I've read that "online poker" is being legalized in Washington D.C. As far as I can tell sometime around September if you're within the boarders of D.C. you'll be able to play against other people who are within the boarders. Also there will be terminals in bars and hotel lobbies and other hot spots where you can play even if you don't have a computer.

The big red flag here is that it's going to be run by the D.C. Lottery. The worst thing for players is to have one entity as the only game in town and to make it worse it's a government agency. The software they're going to roll out is going to be a steaming pile of shit. Paradise poker circa 2000 will look like Pokerstars software circa 2015 compared to what the people at the lottery are going to put out.

More importantly - IT'S THE LOTTERY! The Lottery is the one wagering entity that is more used to squeezing every drop of blood out of it's customers than any other. Typically 40% to 50% of the money wagered on lotteries goes to the government that is running it. That is roughly 3 times worse than the *worst* bets in a Vegas Casino 10 times worse than the bad games like roulette and 30 times worse than blackjack and some of the bets on the craps table.

My guess is the D.C. "Online Poker" will have the highest rake ever seen at a poker table with the shittiest software.

Online Poker Goes KA-BOOM!

It only took 4.5 years for the federal government to act on the bullshit, confusing legislation they passed in late 2006. Legislation that was 40 pages long and didn't define anything. Honestly a better bill could have been written by most college freshman.

In a speedy 4.5 years the fuckheads in Washington finally decided to do something to shut down online poker in the U.S. They froze all of the payment processor accounts and more importantly seized the domain names of Fulltilt, AP, Pokerstars and others.

You can read the whole indictment here: INDICTMENT!

The software still works and you can still go to the website, but you can't sit in a real money game and I hear that you can't cashout from some sites.

Personally, I did however manage to cash out the last $500 bucks I still had sitting on AP (luckily I cashed out everything but that last week and the money hit my bank account today), but that doesn't mean I'll get it anytime soon or ever.

I have about $100 on Bodog and just to test the waters I put down a $10 bet that Derek Rose would average less than 25 points per game in the 1st round of the NBA playoffs. Surprisingly everything seems normal there.

The dream is that online poker will be 100% destroyed in the U.S. and will then come back with U.S. based poker rooms. If the day comes when average Joe USA can deposit with a credit card and feel sure that his money is safe, the cash is going to start pouring down from the heavens for people like me.

If I could go back to early 2004 with the skills I have now I could make $200 an hour. Full blown U.S. based online poker could bring games as good as those of that era.

My condolences go out to everyone playing online poker for a living. It's a sad day for all of you and best of luck in the transition to the next chapter of your professional lives. And a BIG fuck you to the handful of people that tacked the UIGEA onto the Safe Port Act of 2006. You're all a bunch of cowards.

Now that I've taken some time off I'm actually excited to play some poker every now and then. I imagine I'll join the ranks of the weekend warriors at the Oaks club and other bay area card rooms. I think the 2.5 million hands I've played online might give me a small advantage. :)

Beating the Shit Out of Low Stakes Players

While writing my last post I jumped into two $10 multitables, and one $20. I cashed in all three for a net of about $75, and then took $150 off the $1/$2 tables on bodog and AP in about 200 hands. $150 isn't exactly a ton of money, but it is 75 big bets which is a beatdown no matter how you spin it.

$1,000 bankroll increased by more than 20% and up to $1,225. Suck it low stakes jerks!

Rebuilding

My bankroll is at it's lowest point in 10 years. I was a skinny, wide eyed 21 year old (OK not that skinny and maybe more squinty and shifty than wide eyed) playing $3/$6 limit hold'em 10 handed at the Oaks club about 10 hours a week the last time I had this little to work with.

But I don't really need a bankroll anymore. The crushing vise of monthly expenses is now being held open by a paycheck. A paycheck that comes in good times and bad and reads exactly the same, down to the cent, every month.

I've seen a few of the top pros start with very small bankrolls (orders of magnitude less than I have) and turn them into something significant as a personal challenge. The point is to prove to others and themselves that they could start from scratch and make it all over again.

I've forgotten his name, but one of the top SNG players set a goal to take $5 and turn it into $10,000 in one month. One thing he had going for him was that he was a mental freak of nature and had an ideal set up in terms of many huge monitors allowing him to play up to 300 SNGs in a day.

Also he cheated. He lost his $5 bankroll many times and simply started again with another $5. I could make $5 Keno bets until one hit big and then say "Look! I turned $5 into $1,000 playing Keno! In the end, if you ignore the cheating aspect, he did it.

More impressive was Chris Ferguson turning *zero* dollars into $10,000. He started with freerolls only until he could scrape together a couple dollars and then shifted to playing at the micro stakes. Once he had $50 or $100 it didn't take him long to go the rest of the way.

I had about $3,000 when I started my career as a prop player in July of 2003. In April of 2004 when I went off totally on my own and starting playing 90% online I had about $10,000. In the good times from 2005-mid 2008 I kept at least $30,000 to work with and made a great living working about 30 hours a week. From the end of the flush years until the fall of 2010 I typically had a $10,000 bankroll and was still able to support my family of three entirely from poker winnings.

Now I have a job and a $1,000 bankroll. The job pays for the 3 bedroom house in Northern California, keeps the lights on and puts food on the table, but not much else. Playing poker is going to be the difference between bud lite and burgers or pinot noir and filets for a while.

For some people it might be hard to drop so far down in stakes. After all, I've played 6 tournaments with buy ins of $5,000+, 75-100 with buy ins of $1,000+, I have no idea how many $200-$500 buy in tournaments, and now I'll be locking horns with the $10 and $20 players. For me, I don't really care. It's not about the thrill of victory or getting in Carplayer magazine any more. It's mostly about dollars, partially about about fun, and a little bit about delivering soul crushing beats to egomaniacal college kids (You know who you are! I'm coming to crush you!).

My new job has exposed me to google analytics and I've discovered that I have about 500 people visit my blog each month which is more than I thought and makes me feel like I should get back to writing at least weekly.

I'm not sure what I can do with $1,000 playing 10 hours a week, but I'll try to keep you posted. Hopefully it will all be good news.

On to the Next Chapter

After about 3 months of part time consulting, I started working full time at www.hitfix.com last week. If you haven't heard of HitFix it's an entertainment news website with about 1.3 million unique users a month that covers music, movies and TV without the gossip.

HitFix has about 20 employees and I've been hired to be the Business Development Manager. Essentially I'll be finding and negotiating with new partners, offering input on how HitFix does everything from the smallest details to the long term strategy, and doing everything the CEO needs to get done, but doesn't have time for.

So far it's been great. I'm still working from home and I've really been enjoying using my brain in new ways. Of course getting paid every day - even on the bad days - feels like a special treat after 7 years of ups and downs.

Looking back I can't believe the amounts of money I had on the line day in and day out. I lost enough to pay my mortgage for 3 months in an hour once. Of course there were a handful of times that I won enough in a day to pay my mortgage for a year or more.

I'm going to miss those days walking around with a stack of hundreds in my front pocket so thick that it looked like I had two decks of cards in there. But I can't remember ever being so relaxed.

Amazingly I think I am gambled out. It took 10 years, of poker 6 days a week and 25 days a year in Vegas, but I've finally had enough.

I'm sure I'll eventually get back to playing somewhat regularly. When that happens I'll try to get back to posting about my experiences at what will be comparatively low stakes.

The best part is if I do play and win, I can spend that money without having to worry about saving it for my next big loss.

Thanks for reading!

Semi-retired

I started playing poker for a living in July 2003 and after more than 7 years of working for myself I got a job.

September was the worst month I ever had as a poker player. I got totally crushed and flushed the vase majority of my bankroll. I tried to recover in October, but my confidence was at an all time low and no matter how far I dropped in stakes I couldn't seem to make it work. I didn't play for any significant stakes in November or December and my action was limited to a few dozen $20-$50 multitalbes, 2 or 3 $200 tournaments in person and a half dozen sessions at the Oaks Club.

Sometime in October my wife and I decided that one of use needed to get a job. Since she has a mechanical engineering degree from Berkeley she was the prime candidate, but as we all know this is a terrible time to be looking for work.

I applied to a few jobs as well. The most interesting by far has been ring games manager at pokerstars. If you look at the list of qualifications and skills required I am a slam dunk candidate, but the guy in charge of hiring is in no hurry to hire anyone so that is still pending. Even if I get offered the job I'm not likely to take it since it would require moving to the Isle of Mann (really!). I've spent the time since I applied trying to decide the dollar about it would take to get me and my family to move 6,000 miles. It's a lot, but not so much that I think there's zero chance that I'll be offered that much.

But as I said above I actually have a job right now. I'm working in a two tiered capacity at entertainment website www.HitFix.com. The first part is developing a game that is the bastard cousin of fantasy sports but for reality TV. Our first show is going to be American Idol and the game should be up and running for the top 20 show on February 24th.

On top of that I've been working in a business development capacity generating leads for partnerships as well as doing some general quality control for the website as a whole. Some of you might be thinking "What the hell do you know about working for an entertainment website? You're full of shit!" All I can say is so far I know a lot more than I thought. We'll see how it goes.

As far as poker goes, this year I've made about $700 in 10 hours playing $13 Ultra Turbo tournaments on Absolute, but we all know that that's just running crazy hot at those stakes.

For now poker is on the backburner as I dive headfirst into the world of entertainment news!

Let's Oak it Up!

After my recent online woes, I've been taking a break and spending a fair amount of time at the Oaks club playing against live opponents. The 15 minute commute isn't as fun as the 10 second commute from my bed to my computer, but I guess I can't complain.

The biggest game at the Oaks is $30/$60 limit hold'em and there are a few solid regulars. I have my eye on that game, but for now I'm sticking to $15/$30 where it seems not a single player is any better than just average.

Most players let their ego get in the way of making the best decisions in spots like these. Do I think I can beat the Oaks club $30/$60? I'm 99% sure that I can. But that doesn't mean it's the most profitable thing to do. Even if I'm the best player in the game, if everyone else is pretty good, I'd rather play for less money against a bunch of greatly inferior players. Even if the money is the same long term it's better to win one big bet per hour at $15/$30 than half a big bet per hour at $30/$60 because you'll face smaller fluctuations and less stress.

I've played 6 sessions averaging about 5 hours apiece and picked up $1,743 in the process. This is a very, very small set of data, but it's not an accident. There are no pros in the $15/$30 game and recreational players just can't keep up with someone who has played well over a million hands of limit hold'em against tough competition.

Another thing that's great about playing in person is players can't dodge me. Players mainly stick to one stakes and if there is only one game going they are stuck. No one is going to leave the game just because I joined and it got tougher. Whereas online there are a zillion games going and it takes 30 seconds to get into a new one.

Hopefully I can keep the money rolling in from the Oaks players for a while.

When to Go For It and When to Hold Back

I wrote this post on 10/20, but didn't finish it until 10/24. Rather than fix stuff like "yesterday" or "last Saturday" I just put this little sentence in.

I've been playing a lot of small stakes multitable tournaments lately with some success. In fact I keep cashing for about $1,200.

Shortly after my last post I finished 2nd in a $55 tournament with 100 or so entrants on Absolute which paid $1,150. Then on Saturday I had a $2,000 day, $1,175 of which came from winning a $22 tournament with about 200 entrants on Pokerstars. And yesterday I finished 3rd in a $55 tournament on Absolute with 241 entrants which paid $1,200. Of course I have been playing a lot of tournaments so it's not like that's all profit, but it has still been a good run.

During my time at the tables recently I came across a risky situation where going for it was clearly the thing to do in a spot where weaker players might not have and another where taking a very conservative approach was the way to go.

The first situation came in a $55 tournament on pokerstars with about 1,100 entrants that paid 153 spots. The blinds were 500/1,000, I was in the big blind with 14,000 chips behind, and we were down to 157 players. I got dealt AQ suited and when the action made it around to the small blind he moved all in for 20,000.

We'd started the tournament with 3,000 chips so I wasn't too far off of average which was about 21,000. The decision I was faces with was, fold and make the money for sure or call and potentially go broke.

Almost all pros would agree that if you can avoid risking your whole stack on one hand you should and anyone can tell you that going broke just short of the money totally sucks. Also often times when a player overbets the pot preflop like this they have AK which would completely dominate my AQ.

With that said, my opponent knows we're only a hand or two away from making the money and if I was in his shoes I'd be raising any two cards from the small blind (I wouldn't got all in with any two, but I'd raise something).

What was running though my mind was if I played this situation 100 times (or 1,000) would I make more by folding and bringing home at least the $75 for 153rd place 100% of the time or would I make more by sometimes going broke and losing my $55 but in but other times taking a stack of 31,000 (about 150% of average) into the money?

I'd be pretty close to even money against an underpair, but I'd be 3 to 2 against suited connectors, 2 to 1 against total garbage unders and 7 to 3 against a worse ace. Most importantly I thought the chance of being dominated by AA, KK, QQ or AK was negligible. Those hands make up about 2% of the starting card combinations and even with AK it would be a rare opponent who would move all in here.

Pile that all together and I figured I was at least 60% against his range. Now if you do a detailed analysis you might find that it's worth about $84 more to call than to fold. Of course you might not find that because you worked it out correctly and the shit I just did is total garbage loaded with fallacies. Which is why I deleted it out of frustration! With that said, $84 seems about right.

The brass tacks is, even though I was just short of the money it was still worth it to go for it. In the end I let my time bank run all the way down to give myself the best chance to sneak in to the money before I called. When the cards got turned over I was up against A6 off suit which meant I was 72% to win and 6% to tie.

A 6 came on the flop and I finished 155th, but despite that fact it would have been a major mistake to fold here.

At the same time I was playing in a $55 tournament on Absolute with about 100 entrants (I mentioned it above). I went into full on beast mode and by the time we were down to 5 players I was in first with 75,000 chips. The player dead to my left (let's call him Jerk Face) was in second with 70,000 and the other three players all had between 10,000 and 20,000.

One of my great strengths is finding situations where I can raise with any two cards and show positive expected value. After you've played a zillion tournament you get a sense for when other players are going to fold unless they find a total monster hand. At most final tables in tournaments of this size with players of this caliber playing loose aggressive is the only way to go. Every now and then you'll blow up an finish 8th or 9th, but much more often you'll end up at the top. When I get to a final table with an average stack or more I tend to win outright.

As per usual, in this case it was my aggressive style and not the cards I was getting that led to my sizable stack. But when we got to five handed I had to shift gears. On the first hand that we were down to five players I raised, and Jerk Face reraised me. I had total air so I folded. The next time I raised, he reraised me again and again I had to fold. The time after that he moved all in on me with no hesitation. Quit reraising me Jerk Face! At that point if I was going to play a hand it had to be one that could call a suspect all in reraise.

After those three hands the tables had turned a little bit. I was down to 50,000, Jerk Face was up to 95,000 and everyone else was under 15,000. Tough guys always say "I play for first" and generally that's what you should do, but in this case playing for 2nd was clearly the way to go.

Jerk Face was rolling over everyone and they were giving no resistance. While first place was just over $2,000 and that's what I was really shooting for, 2nd was almost $1,200 while 5th was only $500. My 3 short stacked opponents seemed committed to playing super tight and trying to move up one more spot.

I could stand up to Jerk Face with a hand that was better than average (like KJ or A9) since I knew he was on the "any two" track, or I could get blinded off a little and probably end up in 2nd place.

This was a rare situation where playing like a total pussy was actually the best way to go. I'm not saying I was folding premium hands, but I wasn't taking any chances. Just like clockwork, three of my opponent were ground down to a few big blinds, got their money in with Ax and went broke. By the time it was heads up I was down to 40,000 facing a stack of 160,000 which wasn't great, but anything can happen heads up. More importantly I had $1,150 locked up. I got it all in with A5 and lost to KJ, but I was still happy with the 2nd place. If I'd tried to be a tough guy I easily could have finished 4th or 5th and left a few hundred bucks on the table.

How It's Been Going

I didn't quite hit my 500 SNG in a week goal, but I did play about 300 at the $60 level and 100 at the $38 level. I lost $350 at at the higher stakes and $650 at the lower.

This isn't a huge sample size, but I'm still losing confidence in this plan. Since my SNG rebirth I've played 608 tournaments at the $60 level and won $1,288 which is $2.12 per SNG. If you factor in the $997 I've earned in FPPs and other bonus I'm at almost $4 per. At 75 tournaments a day that's $300 a day or at least $6,000 a month.

That seems fine and it is. But I've having trouble trusting it. If you eliminate my first 100 tournaments (and look at the last 500 I've played) I'm only making 65 cents per. If you look at the last 400 I've played I'm losing 56 cents per.

Was I just running really hot in the beginning and now I'm performing at a level that I can expect long term or was I running a little above expectation at the start and a lot below it since?

I'm not really sure what to do. Should I keep plugging away? Should I drop down to the $24 level and just play an insane number of tournaments? Should I try switching to no limit cash games? Which site should I target? What about playing in person at the Oaks? Maybe I should try SNGs on other sites? Maybe I should just lay on the floor face down because I'm not sure I can handle any more losing? These are the thoughts that are rattling around my head all day every day.

To say it's stressful is a massive understatement. The major disadvantage I have over most of my competition is I'm supporting 3 people in Northern California. I can't just live cheap when things aren't going well. While my wife is doing a great job of supporting me however she can, I still have family obligations that get in the way of working all the time.

Part of me (a growing part) wishes we could just move to fucking Nebraska and work at a diner or something.

The other part of me says "Quit being such a pussy! Get back in there and kick some ass! Play better! Be Smarter! You can do it!"

So that's what I'm going to do. Let me see if I can break off 400 $38 tournaments between now and Saturday night. If I can make $3 per that will be $1,200. In the grand scheme of things that ain't much, but it's a start and right now I need some momentum. Also if I keep that goal in the forefront of my mind it will help me from getting overwhelmed. If I can get all my focus on hitting those targets maybe I can block out the panic that I'm constantly swallowing down and play my best.

500 SNG's This Week

I am believer in goals. I set goals all the time and even when I don't meet them (which to be honest is more often than not) I still make more progress than if I hadn't set any goals at all.

My current short term goal is to play 500 single table sit-n-go (SNG's) tournaments between Monday morning and Saturday night. More specifically I am going to play 100 $38 buy in 9 handed SNGs and 400 $60 buy in 9 handed SNGs all on pokerstars.

There is a good reason for this split - the Battle of the Planets leader board! Pokerstars SNG leader board is split into 8 divisions (all named for planets) based on stakes with each division having a "high orbit" and a "low orbit leader board". I'll briefly try to explain how it works.

Every time you finish in the money in an SNG you score points - for 9 handed SNGs it's 45 points for first, 27 for second and 18 for third. The low orbit leader board involves blocks of 20 tournaments and the high orbit leader board uses block of 100. Tournaments 1-20, 21-40, 41-60 etc. will be grouped together as will tournaments 1-100, 101-200, 201-300 etc. Only your first five blocks count for the low orbit leader board, but you can have as many blocks as you like for the high orbit.

Is this all for pride and glory? Of course not! It's for cash! In the "Uranus" division, (where the $60 tournaments fall) the top 15 scores of the week in the high orbit and the top 15 scores in the low orbit pay with 1st place of $1,000 and 15th place of $80 with everything else in between (it's much more of a linear payout schedule than a normal tournament - 2nd place is $700, 3rd is $500 etc.). In the Neptune division (where the $38 tournaments fall) 20 places pay with 1st place being $900 and 20th paying $60. I'm planning to play 100 $38 tournaments so I can have the maximum number of low orbit blocks and one high orbit block.

Of course it's not easy to win one of these leader boards with all of the players out there, but I expect to make some significant money out of this. Even if it's $80 or $100 a week on average that adds a lot to my bottom line over the course of the month and the year.

Maybe as important, this keeps me motivated. I want to win one of these leader boards! Last week I finished in 11th on the Uranus High orbit leader board which paid $80. This week I want to hit a top ten. I'll let you know how it goes.

WCOOP Final Thoughts and MORE!

The 2010 WCOOP came at kind of a bad time. I would have liked to play more events, but in the midst of the worst downswing on my poker life taking shots at a big payday didn't seem like the smartest move.

In the end I played 14 events and had 4 cashes which isn't too bad. Unfortunately it's not about having a good percentage of cashes, it's about hitting that one big one. I also went 0 for 2 in satellites and 0 fo 1 in second chance tournaments.

When all was said and done my $5,000 bankroll was down to $3,760.

I don't expect to be doing much in terms of multitable tournaments, with the exception for occasionally playing the pokerstars Sunday Million or Sunday Warm up.

For now I'm on the SNG grind. I've been peppering absolute and pokerstars playing everything from $35 six handed hyper-turbos to 45 player $60 tournaments to $114 9 player SNGs. All in all I've played about 500 tournaments in the last week. My best results have been coming in the $60, 9 handed turbo SNG's on pokerstars. I've played 228 so far and won $1,863 which is $8.17 per tournament. Factor in another $1.50 per SNG in FPPs and other bonuses and we're talking big bucks if I can keep that rate up. This is actually a pretty small sample size, but it's still promising. We'll see how I'm doing after 2,000 and that should give me a more precise feel for my long term prospects.

Wake Me Up When September Ends

It's much more fun for me to talk about the good news than the bad news, but bad news is a big part of playing poker. Simply put, September 2010 has been the worst month of my poker career.

August was a good month. In fact in the middle of August I went on a massive tear. I played about 10 full days over a two week stretch, won 9 of those days and banked $15,000 all in limit hold'em cash games. Maybe 10% of that money came from $30/$60, but the rest was all $10/$20 or $15/$30.

Just before that run I made the decision to play a little looser. Pokertableratings.com has a feature where you can look up a username and see how they do things compared to the top 10 winners on a given poker site at a given stakes. When I looked myself up I saw that I was playing slightly tighter than the top 10 winners at $10/$20 and $15/$30.

I didn't go nuts, but in every situation where it was close before the flop I called or raised instead of folding. Winning 600 or 700 big bets in 10 sessions is uncharted territory for me, but it was over the course of 15,000 hands and there are guys who make over 3 big bets per 100 hands long term. Of course those guys are the total killers, but it's possible and I was hoping I was playing better not just running crazy hot.

After taking my Absolute poker account from $5,000 to $20,000 in no time at all I was feeling as good as I have in a long while about my long term prospects of massive fortune.

Then it was as if a switch was flipped. All of a sudden I couldn't win no matter what. I didn't have a winning day from August 26th until September 14th. Every day$1,000 or $2,000 was evaporating from my account. I tried everything I could think of to give myself the best chance to win. I mixed in some days off, reread some of my best poker books, started playing at night when the games are better, played fewer games at a time and played smaller stakes. Nothing worked.

Here is a little story that is sort of a microcosm of my first two weeks of September. It is a story about THE WORST PLAYER IN ONLINE POKER! His name is CHUCK999. When I first looked him up he was losing $210,000 in 70,000 hands. That's bad, but not unheard of for high stakes players. This guy had lost that much playing $15/$30 and below! His most common stakes is $2/$4 where he's losing $58,000 in 28,000 hands! All in all he is losing FORTY SIX BIG BETS per 100 hands! That is totally off the charts.

To put it into perspective, if there is a player who is losing 5 BB/100 (that's $1 for every hand at $10/$20 - play 1,000 hands, lose $1,000) or more they are bad enough that they can make a game profitable all by themselves. If I'm up against someone who is a 10 BB/100 loser I won't leave the game until they go broke no matter who else is in it or what else I could be doing with my time. I've seen a few guys in the range of -15 BB/100, but they had all been blown up playing no limit. 99% of this guy's play is limit.

I'd been fortunate enough to play against this fellow for about an hour at $10/$20 and I knew I could never leave a game in which was playing. I'm mean N-E-V-E-R. If the house is on fire but the flames haven't reached my desk yet I'm going to keep playing.

Towards the end of the time that I'd been getting totally bombed every day I saw CHUCK999 was playing $15/$30 at a 4 handed table and there was a seat open. I DID NOT want to play 4 handed $15/$30. That's a volatile game and I was looking for stability, but I had to play.

I lost $1,000 in 7 minutes and then CHUCK999 left the table. FUCK! The thing about this guy is he was putting in 3 or 4 bets on the turn and the river with NOTHING! I don't mean over playing middle pair, I mean a pure bluff cap on the river with 6 high! So think about the kind of money you'd lose if for example he made two pair against you when you had top pair and then ON THE VERY NEXT HAND he made a straight against your over pair. Do you know how frustrating it is to have someone cap an 8 high gutshot draw on the turn when you have pocket kings and then hit it on the river? I do!

Losing $500 pots to thin draws always sucks. But getting crushed like this after not having a winning day for weeks hurts. That's the only way to describe it. It just hurts.

Trying to shift gears I started playing a little on pokerstars. I saw that they'd reworked the way they award VPPs and now it would be a little easier for me to earn rewards. The way it used to work is every time you were dealt into a hand where $1 was raked you earned one point, and if $2 or more was raked you got two points. Now for every $1 raked 5.5 points are awarded and split evenly between every player who is dealt into the hand (the count the rake and split the points down to the penny or the hundredth of a point).

After some experimentation I saw that I could earn points about 25% faster than before! That is a HUGE deal. I would mean I could make it to supernova elite with 75% of the effort I needed before. "This is great!" I thought. "I've found the solution!" I thought.

I played 10,000 hands of $5/$10 over three days and won about $1,000 (not counting the points and other rewards). Not earth shattering, but I felt like I could grind it out and pay the bills. Then I lost $1,000 a day three days in a row.

That might still be the answer, but for now I've shifted gears again trying to find something that works. The past few days I've been playing sit-n-go's. I've played about 15,000 SNGs in my career and it was what I did full time for maybe two years at the start of my career. 3 days into the experiment I'm about even, but I feel like the play is much worse than it was when I switched away from SNGs in 2006. My plan now is to play about 80 a day at the $55 level and make $3 per tournament. If I can do that, when you factor in the points or the rakeback I'll be able to make enough to pay the bills.

If that doesn't work, it might be time to start thinking about closing the door on poker as a career for a little while and moving on to the next chapter of my life.

In other news as a result of this massive horrible run I haven't been playing any WCOOP tournaments. But I will be playing the $215 NL hold'em event tomorrow which is the last day of the 2010 WCOOP.

WCOOP 5 Event Summary

After my last post I've played 5 more WCOOP events: $265 Knockout, $109 8-game mixed games, $109 NL hold'em (10 minute levels), $215 limit hold'em, and $215 NL hold'em.

There isn't too much to say about this group. In 4 of the 5 I did no better than doubling my starting stack before getting busted.

But I did squeak into the money in the $109 NLH event. I used some major stalling and a little luck to make the money with a stack that was barely more than we started with. I went broke the first hand after the money bubble, but still got paid $200 for the cash.

After 10 events, 2 satellites, and 1 second chance tournament my $5,000 starting bankroll is at $4,208.

My next 3 events are $320 mixed hold'em (half limit/half NL) Tuesday at 10, $320 8-game mixed games Wednesday at 2, and $320 HORSE Saturday at 2. These are all in my wheelhouse and I'm hoping for at least one strong showing.

WCOOP Update

I've missed a few recaps, but I'll get to them tomorrow. Stay Classy.

WCOOP #11 ($320 Ante up) Recap

The way this tournament structure works is the blinds stay at 5/5 for the entire tournament (effectively no blinds) while the antes (which start from hand 1) increase.

The reason I LOVE this structure is that half the players seem totally unable to use their brains. By level 5 (still in the early stages) the antes are 50 per player per hand. That means that there is 460 in the pot before any action has taken place. If you call the 5 chips preflop even at a crazy aggressive table you have a shot at winning those chips.

I'd say 1/3 of the time we were taking the flop with no raise. You'd think with those kind of pot odds everyone would call the 5 chips and see as many flops as possible.

Even when the antes added up to thousands of chips in the pot, maybe half the players at my tables were folding for 5 chips before the flop! This tournament was one of the two or three I was most looking forward to because I remember it from last year (I went a little deep in the money then) and they only run tournaments with this structure a few times a year.

We started with 1,789 entrants with 5,000 chips each and I got off to a crazy good start. I turned a set of aces against a set of nines and took out one player and then flopped top set against TWO players who went nutso with draws. About 2 hours into the tournament I was in 1st place with 30,000 chips and 1,000 players left.

I felt sure I would just cruise into the money, but then I hit a major speed bump. I came in for a raise with A5 of hearts. The antes were 100 a player and I made it 600 to go. The big blind who had 17,000 chips to my 27,000 (both big stacks) called and the flop came down 9 8 6 with two hearts.

My opponent checked and I bet 1,500 into the 2,100 chip pot with my flush draw- gutshot-overcard. He took it to 4,500 and I figured he probably paired the 9. Thinking if he didn't have more than one pair and knowing I'd have outs no matter what he had I dropped the all in bomb without hesitation. He called with surprising speed.

When the hands got turned over I saw that he had 78 of hearts. For a split second I thought "Ah ha! He has a worse flush draw!" But then I saw he had a pair too (and a straight draw). The turn and river were both bricks and I was down to 10,000.

But from there I went on a run. By this point I was seeing maybe 40% of the flops for 5 chips and shooting out half pot sized bets which were bringing home the antes with shocking frequency.

I had my stack all the way back up to 39,000 when someone got KK vs my AA! That monster took me to 75,000, put me into the money and had me in 25th place with 225 players left.

I got it up to 120,000 as we made it down to 100 players and I was starting to think about the final table. Then I had three hands go against me.

On the first hand I raise with QJ, got two callers and the flop came down jack high with two hearts. I bet about 2/3 of the pot and got one caller. The turn was an ace (YUCK!) and we both checked. The river was the jack of hearts, I checked, called a 3/4 pot sized bet and lost to a flush. That might sound like a pretty pedestrian pot, but that late in a tournament losing one at showdown meant it was a huge pot.

A few hands later I got dealt KK and just called a preflop raise. The flop came down ace high and the preflop raiser check raised me all in on the flop. Yuck again!

That took me down to 60,000, but I chopped out a few small pots and was on my way back up with close to 80,000 when I made some very questionable decisions.

I got dealt AT suited in early position, the antes were 800 each (meaning 7,200 chips in the pot) and the player to my right raised to 4,000. I thought about folding or reraising both of which would have been better than what I did, which was just call.

A third player called behind and we took the flop which came down J T 4 with two spades. There was close to 20K in the pot and after the original raiser checked I bet out 14K. The other player called and the original raiser folded.

Here is here things got dicey. The turn was a blank and I was faced with a tough decision. There was 50K in the pot and I had about 55K left. I could either check and give up on the pot (my opponent had a solid stack and I was all but sure he'd fire if I checked) or go for it and move all in.

I thought for a few seconds and for some reason I decided my opponent was on a draw with either two spades or KQ. So I moved all in and got instacalled by AJ. No ten on the river and that was it.

I finished 72nd which paid $1,153. Certainly not a bad result, but I was hoping for more.

Meanwhile I played the $215 ante up second chance. It had the same structure as event #11 and had about 500 players. I got off to a good start doubling my starting stack, but I didn't do anything beyond that.

Also in WCOOP Event #12 $215 heads up matches, I won my first match, be went down the tubes in the second.

WCOOP Update

I am rolling in the WCOOP ante up tournament. Almost 2 hours in an I'm in first place overall with 30,000 chips up from 5,000 to start.

I'll be playing the $215 buy in ante up second chance tournament at 1. I love this format!

I just wanted to remind those of you who have a piece of my action that you will have a piece of this and any other second chance WCOOP tournament or WCOOP satellites.

Also I have heads up matches at 2. Busy WCOOP day!

WCOOP Event #5 ($320 6-max shootout) Recap

This event was on my "maybe" list when I first saw the WCOOP schedule, but when the time came I decided to play.

For those of you who don't know what a "shootout" is, the way it works is you start with a table of players and they play until just one is left. Then that player moves on to the next round where everyone at the second table is a winner from the first round and so on.

In this case we started with 1296 players split into 216 table of six. The 216 players who won their first table were then put at 36 tables. The 36 winners of those second round tables were put at six tables and the winner of those tables came together at the final table.

We started with 5,000 chips, 20 minute levels and blinds of 25/50. I caught my first big break when I got dealt K7 suited in the big blind and called the small blind's raise. It turned out that he had K6 and the flop came down K 7 6! It's pretty hard to screw a hand like this and when the dust cleared I had 12,300 chips.

A little while later I took AQ up against A8 and despite an 8 on the flop I took down the pot and had a commanding lead of 17,000 chips to my opponent's stacks of 9,000 and 4,000.

By this time the blinds were all the way up to 40/80! There was zero blind pressure and I did my best to stay patient and wait for really good spots to get my chips in.

By the time we got to heads up I had a 21,000 to 9,000 chip advantage and it didn't take long for me to stick it to my opponent.

On the 175th hand of round 1 I raised to 240 with A2, my opponent reraised to 560 and I just called. The flop came down 2 2 7 - BINGO! I was expecting my opponent to bet and I wasn't sure if I should put in a raise on the flop or wait for the turn. To my surprise he checked and I decided to check behind him. The turn was the ten of spades putting two spades on the board and again my opponent checked.

I thought there was a chance he had a hand like KK and was really slow playing it hard (if that is a thing you can do hard). If I was going to have any chance of getting his whole stack I needed to bet now and build the pot. I made a pot sized bet and to my delight my opponent moved all in! When he turned over his hand he showed KQ of spades meaning he had 7 outs, but he missed and I was on to round 2!

Winning my first table was worth $637. At the second table the only thing that mattered was winning since 6th place though 2nd place all paid the same amount. 1st place however was worth just north of $2,700 plus the chance to play at another table where winning would be worth at least $9,600.

At my second table I got off to another great start. Again we started with the same structure - 6 players with 5,000 chips and blinds of 25/50. Early on I took A9 up against AK, the flop came down A 9 7, and I doubled up. A little later I took down a player who made a huge all in raise with K2 on a king high flop. I almost folded, but decided to call with my KQ. After winning that one I had 13,000 chips.

At my peak I had 15,000 chips against stacks of 13,000 and 2,000. But the guy with 2,000 made a comeback and I slipped big time.

The critical hand came after we'd been playing 3 handed for over 100 hands. I was in the small blind with 55 and the button raised to 300. I made it 900 to go and he moved all in for 5,500. I had about 7,500 when the hand started so I'd be left with 2,000 if I called and lost. Normally I'd fold 55 in a heartbeat here, but this was the 4th consecutive time that this guy hand moved all in on me when I reraised him. I'd folded the previous three times and I felt like it was time to take a stand.

When the cards got turned over he had KT and flopped a king. My last 2,000 chips went out the door two hands later when I got them in with AT against AK.

I'm happy to have an early cash under my belt, but I really felt like I was on my way to winning the second round. I just didn't quite get the job done.

$637 is better than a kick in the nuts as they say. Back in action tomorrow with $320 ante up!

WCOOP Event #1 Recap

Event #1 was $215 no limit hold'em 6 handed. We started with 10,000 chips, 9,001 entrants and a first place of $270,000.

The first hour was very tame, but in the second hour I got jobbed. The blinds were 50/100 and I raised to 250 from the button with 22. I'd raised from the button twice in the recent past and both times the big blind hand made it 800 to go. This time was no different and he made it exactly 800 again.

My opponent had about 6,000 chips and I had 9,000 so if I put him to the test and lost I wouldn't be elimnated. I decided to make a strong play and put him all in. He instantly called me with A6 offsuit. Huh? I was 53% to win before the flop, but after an ace came on the flop I was toast.

This is a situation where if I'd seen his cards after he reraised me I would have played it exactly the same way. What a terrible call!

A little while later I found some more marginal bad luck. I had about 3,000 chips, the blinds were 75/150 and I raised to 450 with KQ. I got one caller (the same guy from the hand above) and the big blind moved all in for about 2,000. I went all in over the top and got called by my nemisis. When the hands got turned over I was in great shape finding myself again the T8 suited and JT suited. What the fuck were these clowns thinking?

I was 48% to win the pot before the flop, but JT flopped a flush and that was it.

None of the plays I made that did me in were slam dunk correct, but I'm happy with how I played.

I'm skipping event #3 and will be back in action with event #5 $320 6-max NL shootout on Monday at 2.

WCOOP Goals

In some ways poker is a pursuit that lends itself to goals, and in other ways not so much.

Goals like "I'm going to put in X number of hours (or hands) this month" or "I'm going to play within my bankroll" are great and important. But saying "I'm going to win $10,000 this month" or "I'm going to make a final table this week" are not helpful or productive.

If you make significantly better decisions than your opponents in the long run you'll come out ahead. But no matter how well you play terrible shit is going to happen to you at the poker table. Terrible, miserable punishment that will make you shout out "Why?! Why did this have to happen to me? What did I do to deserve this torture?" Crushing defeat that makes it feel like you're going to puke out your vital organs all over the felt or your keyboard (depending on where you are). Fiery, demented pain that...well you get what I'm saying.

While I'm hoping this will be my best WCOOP ever, and I'm as prepared as I've ever been, I won't be shocked or crushed if I get my doors blown off.

With all that said, I should have 20 shots to do something special. If I can find 5 cashes in there or 1 final table I'll be happy and consider the series a success. But my goals are to take it one hand at a time, take what the table gives me, and make the best decisions that I am capable of making at every turn.

The action starts Sunday at 10 am. Maybe the universe will smile on me and I'll just smash everyone's face in all day long and win the first event. It could happen.

WCOOP 2010!

The World Championship of Online Poker is back! The 2010 edition of the WCOOP will feature 62 events over 23 days with $50,000,000 in guaranteed prize money! What the WSOP is to live tournaments, the WCOOP is to online tournaments. This is the biggest thing in online poker.

I've had solid success in the WCOOP in the past. There have been 166 events since the WCOOP started in 2002 (they add more every year) and last year there were over 45,000 unique users from over 100 countries who played at least one event. I'm not sure how many events I've played, but I think it's about 75. I do know, however, that I'm 29th all time in WCOOP cashes with 17. That's pretty cool for a series of tournaments this big.

This year, I'm going small relative to years past. Usually I take $10,000 or $15,000 and go for the gusto. But since I haven't done shit in a tournament with a buy in over $200 in recent memory I'm going to take it easy and go in with a $5,000 bankroll.

That's enough for me to play 16 events if I get totally blanked and more likely 20-25. Hopefully I can have a few solid cashes or one final table early and then really go for it.

Here is my schedule for the first week (all times are pacific):

Event #1 9/5 10 am, $215 NLH 6-max ($1.25M Guaranteed prize pool)
Event #3 9/5 2 pm $215 NLH ($2M guaranteed prize pool)
Event #5 9/6 2 pm $320 6-max shootout
Event #11 9/8 11 am $215 NLH "Ante up"
Event #12 9/8 2 pm $215 Heads up matches
Event #14 9/9 11 am $265 NLH 6-max knockout ($50 bounties)
Event #18 9/10 5 pm $109 8-game mixed games (10 minute levels)
Event #19 9/11 10 am $109 NLH (10 minute levels)
Event #20 9/11 2 pm $215 Limit hold'em

Here is the full schedule if you want to check out all of the events.

Hopefully this will be the year I knock one out of the park and have a six figure score.

Equity Comments

After my drubbing at the hands of mental midgets in L.A. I made some remarks about the equity I'd generated in a few of the tournaments. Afterwards there was feverish debate in the comments section of my blog!

Actually there were only two comments, but they were both great (amazingly no one called me a pussy in either of them!) and deserving of a response.

Here are the comments:

Before I say my comment, I'd like you to know I enjoy your blog. It is entertaining and sometimes informative, so please don't stop what you are doing based on a negative comment or two.

I feel like you put too much emphasis on the "Equity" of your chips at a certain stage. The reality is everyone has a similar equity, but only ~10 actually realize some of it and cash. And, nobody ever gets the equity of what their chips were worth. When you bust in the money and had an average stack (call it 12x buy in), you still probably only get 2x your buy-in back. When you get all the chips in the tournament, you still only get the top prize (call it 20% of the prize pool).

What I'm trying to say is, you will always feel like you are running below expectation if you look at that. I don't know specifically what you should look at, but I know that isn't it.

Here is the second one:

"Actually dollar value and chip value usually correspond pretty well throughout the middle portion of MTTs. for example, when playing cashout tournaments, the best EV option is to only rarely cashout for dollar value.
you're right, though, that toward the end, like the final table, chip values and dollar values won't correspond- larger stacks will represent inflated EV, and shorter stacks will underestimate EV."

btw i enjoy the blog-

I agree with both of you. If you have 1% of the chips and no money has been paid out then those chips are worth 1% of whatever is in the prize pool, but that's not really what you should be focused on.

First of all, if you start looking at the equity of the chips you had at your maximum for every tournament you'll convince yourself that you must be the unluckiest person in the world. The frequency with which you double or triple your starting stack is not even close to the frequency that you'll end up doubling or tripling your money.

Also just because you have what it takes to accumulate some chips early on doesn't mean you have what it takes to be a long term winner in tournaments. Plenty of players have no trouble in the early stages and then get nervous when they get close to the money. The give up clear advantages to avoid the risk of going broke and in the end kill their long term chances of profit. The same thing happens to an every greater degree at the final table where players use the lowest risk tactics, instead of the best ones.

I only mentioned the equity I'd generated in the L.A. tournaments because I was trying to think of the best way to quantify that I'd actually played really well in the L.A. tournaments even though I had nothing to show for it.

Thanks again for the comments!

Also briefly to Luis, I don't expect to go for Supernova Elite on Pokerstars next year. The effort required is more than I'm willing to put in, and I've found the limit games on other sites, to be for the most part, a little (or a lot) softer. I do miss playing on pokerstars though. Their software, service, and game selection is by far the best, but the profit margins are not there.

$216 FTOPS PLO/PLH Recap

I played well in this event right up until the end where I made a rash decision.

We were down to about 220 players with 120 spots paying and blinds of 300/600. I had 15,000 chips (average was about 25,000) and was in the big blind. The small blind had about 40,000 and 100% of the time that it was folded to him when he was in the small blind or on the button he'd raised.

So when it was folded to him the the small blind of course he made it 1,800 to go. At this point I had his range being all 169 possible combinations of two cards. I got dealt K9 so I made it 5,400 to go.

Up to that point everything is good. But when he put me all in I should have folded. I'd be leaving myself with 17 big blinds which was plenty to continue. But I got too attached to my initial read that my opponent was full of shit. I was looking at that pot and thinking that I was getting 2 to 1 on my money when I was probably a 3 to 2 underdog (like I would be against Ax) or maybe 55/45 (like I would be against a small pair).

The problem is there is no way for me to ahead at this point unless I'm against a 4 bet pure bluff. It's a recipe for disaster to put an opponent on a total bluff like that. I didn't need to make the "hero call" here. I'm sure I could have found a better place to get my money in the pot.

In the end my opponent rolled over AK flopped an ace and that was it. This felt like another wasted opportunity.

FTOPS Briefly

I'll be taking a few shots at the tournaments in FTOP 17.

$216 Half PLO half PL hold'em is underway and I have my 5,000 chip starting stack up to 8,000.

The rest of my schedule is $216 7-game on wednesday at 11, $216 cashout NLH on Thursday at 3, $216 NL 6-max Friday at 11 (hosted by Joe "The Elegance" Beevers) and $216 limit rush friday at 3.

I'll make sure to recap if something interesting happens.

L.A. Misery

I'm home now and finally after many delays ready to give a synopsis on my 6 tournaments at the Bike.

The first was a $335 re-entry tournament. There were four "day 1s" for this event and if you played day 1A and went broke you could try again on day 1B, 1C, or 1D. I ended up playing on day 1D and on that day alone with had almost 600 entrants. In total I think there were 1,500 or so paid entries and a first place prize of $130,000!

We started with 8,000 and I ran my starting stack all the way up to 40,000 before I had two hands go against me. On the first I got a little frisky and it didn't work out. The blinds were 500/1,000 with a 200 ante and I was in the big blind. We took the flop 4 way and it came down A 2 8. After 3 checks the last player to act bet 4,000. I thought there was a fair chance this was total bullshit and I felt like he was a player who could fold a hand as good as a weak ace so I made it 11,000 to go with total air. Before my chips were out of my hand he was all in for 25,000. I folded and he rolled over a set of deuces.

Some time later I was down to about 18,000 chips and the blinds were 800/1,600. Again there were three callers in front of me and I was in the big blind. With the antes there was about 9,000 in the pot and I thought there was very little chance I get called so I moved all in with 34s. Shockingly the second preflop limper had JJ and I was out. I finished about 100th of 600ish needing to get to the top 28 to make day 2.

The equity of those 40,000 chips was $1,500, but I couldn't turn that equity into cash.

The next event was $225 shootout. The structure was pretty fast and I got TT when the big blind had AA. Not much to do there, but go broke. Interestingly I'm 99% sure the guy who busted me was Bill Fagerbakke who played "Dauber" on the TV show Coach.

Later that same day I played $275 NLH with $50 bounties. 10 minutes in I made a set vs top pair and doubled up (I just missed the bounty leaving my opponent with 500 chips). Later in the tournament I picked up one bounty when I busted a short stack, but never really got anything going.

The next day should have been a good one for me. At 1 pm was 6 handed no limit and then at 6 pm was HORSE. Again we started with 8,000 chips, I played great and ran my stack up to 37,000 at my peak.

Then I had three hands go against me. On the first I had QQ and lost about 15K chips to KK. On the second I raised with JJ, got called by Q6 suited, all the money went in on the flop (he flopped a flush draw) and the river was a queen. Finally I had 77, raised under the gun, got called by the player to my left who had A2, and the flop came three aces. Annoying!

The equity of those 37,000 chips was $925, but I couldn't turn that equity into cash.

The HORSE tournament was the hardest loss to take. We started with 160 players and I finished 23rd. We started this one with 5,000 chips and at a time when the average stack was 18,000 I had a chance to scoop a pot that was 70,000 chips. We were playing stud hi-lo and I made an ace high flush and a 7 5 3 2 A low, but the guy who lost his mind with trips and no low made a full house and I got half.

That still put me with 35,000 chips and twice average, but I couldn't get the job done. On my final hand I made trips (playing Stud), got it all in by 6th street and at that point my opponent had a straight draw and a flush draw. I think I was about a 3 to 1 favorite to win a 35,000 chip pot and be above average very close to the money, but he hit and I missed.

Between the 6-max and trhe HORSE I played from 1 in the afternoon to 3 in the morning with no more than a 10 minute break every 2 hours. It was not easy, and it sucked to put in all that effort and lose $500. I did get to spend a few hours playing against Laker's owner Jerry Buss who is an avid poker player and is clearly playing because he enjoys it, not for the money.

The equity of the 35,000 chips I had at my best in the HORSE was $1,400, but I couldn't turn that equity into cash.

My final tournament was another $335 re-entry. Again I doubled my starting stack of 8,000 to 16,000, but didn't get the breaks I needed when the stakes got big.

The total damage for my trip was -$1,620.

I have to say I'd give the people who ran the tournament a C-. Every time a floorman was called to make a decision they seemed like an idiot who took forever to grasp the situation. Also once I saw a decision that was flat out wrong.

Another thing I didn't like was the juice. I everyone one of these tournaments the juice was more than 10%. Then on top of that for an extra $10 (that went to the staff as a tip) you could get an extra 2,000 chips. So for $335 you could get 6,000 chips or for $345 you could get $8,000. What a fat pile of shit. If you're going to make the juice 15% and give some of it to the staff, fine, but don't make it seem like there is a choice to be made.

Actually, not fine. 15% juice is fucking ridiculous. If you can't run a $300 tournament unless you make it 15% juice, make it a $500 tournament with 10% juice.

I also managed to drop $3,000 playing online while I was there and bricked in a $535 FTOPS HORSE event (with 7% juice - just for comparison). I was not a profitable week.

A Comment Response

Someone put a nasty comment on one of my posts asking how I could be down $33,000 on pokerstars and still call myself a pro poker player. While I'm not going to post the comment I am going to address the issue.

It's true that if you look up Acesedai on pokertableratings.com it will show that since August 2008 when they started tracking me I'm a substantial loser in the game play. But that is a small part of the story. It also says that I've played 465,000 hands.

That many hands earned me about 700,000 VPPs. I was supernova for about half those hands and supernova elite for the other half so that's about 3,000,000 FPPs. Those FPPs are worth $48,000. Also pokerstars has milestone bonuses. I won't go through the specifics, but I made more than $25,000 in milestone bonuses during that stretch. Then there's the supernove elite year end bonus which was $30,000 in free tournament entries.

The long and short of it is I sacrificed profit in the games, played many games at a time and many hours to get all the FPPs and bonues. It's not glamorous, but it's money.

Let's not forget that I have accounts at 6 different poker websites and use them all.

Also this doesn't take into account the fat pile of money I made playing tournaments, during this stretch. All you have to do is read my blog and you can find out about the 20 wins I've had in my career of over $10,000.

Also none of the money I've made playing in person shows up in anyway
.
Look up Patrik Antonius and you'll find him losing 2.6 million on fulltilt, but he's one of the top 50 players in the world. As of a month ago Daniel Negranu was losing $300,000 on pokerstars and he is also one of the most famous and successful players in the world. No database takes everything into account.

So that is how I can be "down $33,000 on pokerstars" and call myself a poker pro.

L.A. Update Coming

I've been busy playing tournaments here in the L.A. area. I haven't been doing great, but I have been busy. I don't have anything planned for tomorrow so I'll be recaping all the action then.

Legends of Poker

I'm leaving tomorrow for a mix of vacation and poker in Southern California. The poker will be playing a half dozen tournaments in the "Legends of Poker" series at The Bicycle Casino.

Here is my schedule:

7/31 6 pm $335 "re-entry" NL hold'em
8/2 1 pm $225 NL hold'em shootout
8/2 6 pm $275 NL hold'em with $50 bounties
8/3 1 pm $225 NL hold'em 6 handed
8/3 6 pm $225 HORSE
8/4 6 pm $330 NL hold'em Deep stack
8/6 6 pm $335 "re-entry" NL hold'em
8/7 6 pm $335 "re-entry" NL hold'em

The re-entry tournaments are interesting. The first one on my schedule is actually day 1D of a massive tournament where if you bust out you can reenter. Day 1A was yesterday, 1B is today, and 1C is tomorrow. If you go broke on any of those days you can try again the next day. And if you go broke before a certain level you can try again the same day.

The last two tournaments on my schedule are the same (In fact they are days 1A and 1B). If I don't make it through day 1A, I'll try again on day 1B. Hopefully I won't have to fire too many bullets in these and can get into a tournament with a huge prize pool for not to much cash.

The other tournaments are pretty standard, but I'm looking forward to playing a field that should be almost all amateurs rather than the fields of all pros at the WSOP. I'm sure my online hourly rate is higher than my expected hourly rate in these tournaments, but they should be enjoyable and if nothing else I'm looking at this as a training exercise.

If I can find two deep cashes or one final table the series will be a solid success.

I'll be tweeting updates on every break so you can follow the action as it happens.

The FTOPS starts on August 4th so that will be intertwined with the LOP action, but I'll post more on that later.

An Interesting Article

Apparently someone has succeeded in using "bots" - computer programs that make all the decisions - to beat some of the small stakes games on pokerstars. It looks like the jig is up now though. It also seems like they did a shitty job with the tactics based on some of the moves they had the bots make.

Here is the full story.

I talked to a guy in Vegas once who had created a bot and tried it out. He said he let it run for about 8 hours in three $.02/$.04 cent limit games. At the end it was ahead a total of about $30 which is 750 big bets! That would be $15,000 at $10/$20! He said they caught him the next day and closed his account.

I'm sure there are some other bots out there, but for the most part, I'm not worried about them getting the best of me. And even if I knew for 100% sure that there were lots of the most advanced bots constantly playing in the exact games I play, it wouldn't stop me from playing since I'm winning anyway.

Legends of Poker, FTOPS, and UBOC

August is going to be a busy month for me.

At the start of the month I'm going to spend a week in southern California with plans to play 7 or 8 tournaments in the "Legends of Poker" series at the Bicycle Casino. All of the tournaments are in the $225-$330 range so we're not talking life changing stakes, but there will still be some significant cash on the line . Also I'm looking forward to playing some live tournaments without the massive pressure of the WSOP.

Starting Aug 4th the 17th version of the Full Tilt Online Poker Series kicks off. Looking at the schedule there are 10 events that look playable to me with buy ins ranging from $216 to $640.

Finally starting on August 18th is the Ultimate Bet Online Championship. I'm likely to play another 9 or 10 events in this series with buy ins ranging from $162 to $1,050.

All of this tournament action will if nothing else lead to a boat load of blog posts in August. More details later.