Monday, June 04, 2007

Update

Dave just called in on his second break. Over the last two hours he's built his stack up from $2800 to $2825. Ha! When they go back after the break they'll be playing $200/$400 so he's starting to get a little short stacked, but is still just one hand away from being comfortable. He says he hasn't had a decent hand in an hour, so if he can just get one or two good hands things should start to turn around.

Poker Pages posted the payout structure, here it is:


1st$280,715
2nd$177,627
3rd$114,278
4th$75,771
5th$53,412
6th$40,991
7th$30,433
8th$22,359
9th$16,148
10th-12th$11,552
13th-15th$10,310
16th-18th$9,068
19th-27th$7,826
28th-36th$6,708
37th-45th$5,714
46th-54th$4,844
55th-63rd$3,975
64th-72nd$3,292
73rd-81st$2,795
82nd-90th$2,360

The next break will be the dinner break, and that will be around 6:45 or 7. Hopefully we don't hear anything until then!

Event 06 - $1,500 Limit Hold'em

I just got off the phone with Dave, who is on the first break of today's event, Limit Hold 'Em, which started with 910 players. Limit moves a lot slower than No Limit, so not too much has happened so far. He started with $3000 in chips and now has about $2800. When he gets back from break the limits will be $100/$200.

Here are the live update links:

Card Player
Poker Pages

He says he likes his table a lot, and is playing with Rafe Furst, who he says is a nice guy.

Sunday, June 03, 2007

Eliminated!

I just got a call from Dave saying he got eliminated. I only got the short story, which was that he lost half his chips with KK against AA, and then the rest with QQ against AA. Yuck! I'm sure he'll have more to tell you about it later.

Event 04 - $1,500 Pot Limit Hold’em

Dave successfully got registered in today's event which started at noon (PST).

According to cardplayer.com there were about 900 entrants, which is a little smaller than last year. Dave just gave me a call on his first break saying they started out with 3,000 in chips and he had gotten up to around 5,000 but has since slipped back to around 3,500. All in all, he says things are going well and he'll update me again in a few hours.

Here are some sites with live updates of the action:
Card Player
Poker Pages

They usually talk about big hands between famous players and will give you some updates on how the limits are going up and about how many people are left. At some point they should post what the prize structure will be which will tell us how many people they need to play to before ending the day.

Saturday, June 02, 2007

First Tournament - Cancelled

Hello, this is Jen!

Dave wanted me to put a post up to let you know that he ended up not playing in today's event. He went to the Rio yesterday to sign up and apparently the line to register was hours long and not moving at all. He decided he would rather just get this morning around 8 and sign up then. He woke up this morning feeling awake at 4 for no particular reason, so he headed back over to the Rio planning on signing up and then coming back to the MGM for a few more hours of sleep before the tournament. When he got there he found out the wait would be 3-4 hours. Wisely he decided that he would not be playing his best poker after getting so little sleep and standing in line all night long, so he is skipping today's event. He's hoping they can work out whatever bugs they're having and he's going to return this evening or early tomorrow to sign up for the next event.

Tuesday, May 29, 2007

WSOP Preview Extravaganza!

On Thursday May 31st I'll once again be heading back to Vegas to take a shot at a high six figure pay day in the World Series of Poker! As most of you know last years WSOP was the reason that I started this blog and was a collosal, monumental, extra large failure. I played 10 events, and while I like how I stacked up against the competition in most of them, I got hosed in one way or another in all of them.

Even in the one event in which I made the money I got jobbed. On my final hand I went broke when the player in the big blind (Michael Mizrachi AKA The Grinder supposedly one of the top 25 best players in the world) called wiht AJ after the player on the button moved all in with 77 and I moved all in over the top with KK. Even before the cards were turned over he said he knew he was behind, but was "gambling" in an attempt to win a big pot. Of course he flopped an ace and busted both me and the other guy. And then what did he do? He went broke on the very next hand! I had to stand there in line to get paid with him standing right behind me for ten minutes!

I'm getting all worked up here so before I get too carried away and start devising a plan to pie Mizrachi in the face I'll get on to this years preview and leave the past in the past. This year I'm only playing in 3 events and here's the scoop on all three.

June 2nd Event #3 $1,500 No Limit Hold 'em

Other than the main event this should be the event with the most newcomers and inexperienced players since it's got a small buy in by WSOP standards and is the first event other than the employees event and a $5,000 mixed limit/no limit event event. Last year there were 2,776 entrants and there would have been more if the room was bigger. I finished somewhere in the range of 2,100th place when I lost with AA against KQ (an 87% favorite preflop). I expect this year will have a similar turnout and hopefully better results for me. Here is a list of the top 20 finishers and their prizes.

1 Brandon Cantu (BC, Canada) $757,839
2 Phong Ly (CA, USA) $416,816
3 Drew Rubin (FL, USA) $226,597
4 Lee Padilla (CA, USA) $176,579
5 Brent Roberts (NY, USA) $151,570
6 Don Zewin (NV, USA) $126,940
7 Ron Stanley (NV, USA) $107,614
8 Mark Swartz (AZ, USA) $88,668
9 Carlos Mortensen (NV, USA) $71,617
10 Tom Nguyen (NV, USA) $56,081
11 Jennifer Harman (NV, USA) $51,155
12 Jack Rosenfeldt (CA, USA) $46,987
13 Ali Eslami (CA, USA) $43,197
14 Chad Burum (CA, USA) $39,408
15 David Baker (TX, USA) $35,619
16 Adam Smith (TX, USA) $31,830
17 Steve Hohn (KS, USA) $28,040
18 Stuart Krasney (CA, USA) $24,251
19 Jorge Walker (CA, USA) $20,462
20 Paul Smith (CA, USA) $20,462


June 3rd Event #4 $1,500 Pot Limit Hold 'em

If you were betting on which tournament I was most likely to make the money in this would be the smart one to choose since both of my past WSOP cashes have been in pot limit events. I'm not sure why that's been the case since pot limit and no limit are almost the same once you get well into the tournament and the blinds get big, but maybe it will give me a little extra confidence when I sit down to play. Last year there were 1,102 entrants in this event and I finihsed 58th. Other than the money, the highlight of this event last year was I spent the entirety of day 1 playing at the same table with former world champ and super nice guy Chris Fergeson. I don't know why people dislike pot limit and love no limit, but I'm sure this event will have half the turnout of Event #3. Here are the top 9 finishers and their prizes from last year.

1 Rafe Furst $345,984
2 Rocky Enciso $180,508
3 Eric "Rizen" Lynch $104,544
4 George Bronstein $75,212
5 Burt Boutin $60,169
6 Can Kim Hua $52,648
7 Richard Chase $45,127
8 John Juanda $37,606
9 Alan Gilbert $33,845


June 4th Event #6 $1,500 Limit Hold 'em

The best thing about limit tournaments is you can't go broke on one hand early in the tournament. The first few hours can be a little boring since the betting limits are relatively small and insignificant, but hopefully it will give me a chance to get a feel for my opponents without much on the line. Last year there were 1,068 entrants in this event and I didn't play because I was in day 2 of the pot limit event. Here are the top 9 finishers and their prizes.

1 Kianoush Abolfathi $335,289
2 Eric Buchman $174,938
3 Josh Schlein $101,318
4 Michele Lewis $72,891
5 Vipul Kothari $58,313
6 Hank Sparks $51,029
7 Patrick Maloney $43,735
8 Lars Hansen $36,446
9 Matt Welsby $32,801


All three of these events are three day events. The first day you play from noon until roughly 2 a.m. with 20 minute breaks every 2 hours and a 1 hour break for dinner in the 6:45 p.m. range. At the end of day 1 all of the remaining players will be in the money. On day 2 you start at 2 p.m. and play until only the top 9 players remain who then come back the next day for the conclusion.

Unlike last year when I needed to go very deep in at least one event or make the money in 3 or 4 consider the trip a success, this year just making the money in one event will make the trip a success. Also in contrast to last year, I'm not feeling any pressure at all. The money involved is a small fraction of what was at stake last year and as per usual when I go into a big buy in event the money has already been set aside and it won't be a big deal if none of it comes back. Wish me luck and I'll do my best to update the blog daily with results from Vegas.

Tuesday, May 22, 2007

What a Difference a Day Makes

On Saturday I had my worst day of the year so far. I took Sunday off and on Monday I got back all but $11 of the money I lost on Saturday. I've noticed that I have a much more difficult time with the weekend players. I am certain that the weekend players are worse and you'd think that would make them easier to beat, but in practice that hasn't been the case for me.

I have a few theories as to why that might be. I think the main problem is that two pillars of my game are bluffing at a ton of small pots and avoiding putting in all of my chips in close situations. The weekend players have a tendency to call with much worse hands so those small pots that I'd normally win aren't coming my way. Furthermore players who aren't very good, but have some experience have a tendency to make big bluffs more often. Consequently I'm faced with more tough spots where I have to make a decision for more chips than I'd like to.

Another problem is that one of my strengths is playing hands in a certain way and betting specific amounts in order to convince my opponent(s) that I have a specific hand that is different from what I actually have. The regular weekday morning and afternoon players are pretty good (but not great) so they spend time thinking specifically about what I have. It's possible to convince them I have a perticular good hand when I don't and a bad hand when I have a good one. Conversely, you can't make a bad player think you've got something different than you do because they're not thinking that hard. They're mostly focused on what they have and sometimes it doesn't really matter what you do.

Or I'm just running bad on the weekends. It's really difficult to tell.

Meanwhile the pokerstars double frequent player point (FPP) promotion ends today. I have mixed emotions about the ending of this promo. I'm sad that after a week and half of piling up FPP's at an insane rate, I'll have to go back to generating them at a slower pace. But I'm happy that I can take a guilt free day off in the middle of the week.

After a sweet day yesterday and another good one today the last 10 days have been a solid success. I didn't make it to my upper end goal of 30,000 hands in 10 days, but I came within a whisper of my secondary goal of 25,000 hands. If I didn't get my doors blown off on Saturday I would have played on Sunday and finished in the 28,000 hand range, so I feel ok about how hard I worked.

More importantly I used the FPP's I earned in the past 10 days alone to purchase an entry in a $1,500 WSOP event! The rewards for playing at pokerstars are hands down the best of any poker site. For playing the same amount on another site I'd probably have enough points for a sweatshirt and a box of golf balls. You can keep that shit! Give me the WSOP seat baby!

My goals for the month are going great. Since I worked so hard this past week and a half I've already played 45,000 hands this month. Out of the remaining 9 days in the month I'll only have to work 5 to make my goal of 60,000. Also the hands that I've played have been quality hands. If the month ended today I'd be ahead $1,200 more than any other month this year and if I can keep the pace up I'll have about the 6th best month I've had in the past 4 years.

Also a reminder that I'm off to Vegas for 5 days of WSOP and general merriment on May 31st. Look out for a WSOP preview extravoganza the like of which you've never seen! Not really. In actuality it will be a brief preview, but look out for it anyway!

Saturday, May 19, 2007

10 Billion Hand Bust

The 10 billionth hand on pokerstars came and went today. The hand was dealt on a 6 handed 1 cent/2 cent no limit table which is the smallest possible limit. The hand was dealt and then frozen so an announcement could be made and other players could come watch. After ten minutes of the support personnel making sure that everyone knew what was going on and saying MANY, MANY times that the winner of the hand would get $100,000 they let the action play out.

Then I got to witness without a doubt THE WORST PLAY IN POKER HISTORY! Two people folded! Let me say it again. TWO PEOPLE FOLDED! HELLO! The winner of the hand gets a hundred grand and two of the six players at the table folded before the flop! I can't stop saying it, TWO OF THE PLAYERS AT THE TABLE FOLDED! One had about $5 and the other about $1.75 and they must not have had a brain cell between them. Everyone at the table got $10,000 and a $5,000 entry into the WCOOP main event. They'll probably go blow it all on shiny objects or DVDs of the movie Catwoman or whatever it is that morons buy. How in the world could you be so oblivious? Incredible.

So who won the hand? The player in the big blind who started the hand with 82 cents (82 cents! Jesus!) and had no idea what was happening at the beginning of the hand. She clearly didn't know about the promotion, but managed to figure it out after support told the players 75 times that the winner would get $100,000. She got dealt 83 of clubs and made a flush to win the biggest pot in the history of 1 cent/2 cent blinds poker. Congratulations to Justine0003 who I will envy for a long, long time.

I managed to be playing during about 30 of 100 smaller milestone hands and not only were none of them were dealt on one of my tables, but none were dealt on any $1/$2 or $2/$4 blinds NL games period.

Meanwhile I had my worst day of the year today. A miserable, miserable day where I managed to combine the forces of bad play on my part and absolutely horrible luck. I couldn't do anything right today. It felt like I made the minimum on the winning hands I had, lost the maximum on the big losers I had, bluffed into made hands (I actually moved all in against a Royal Flush yesterday) and checked into hands I could have won by bluffing. And I also got TOTALLY SCREWED over and over. I kept getting pocket aces or kings and either winning $6 or losing $100.

I'd intended to play for the next three days to take advantage of the remaining days of the double FPP promotion, but as a general rule if you have you're worst day in 6 months (I lost a few more dollars on December 3rd 2006 than I did today) you need a day off. Also I've worked 7 days straight and 17 of the past 19 so I can't feel like too much of a slacker. What a terrible depressing day!

On Monday I'm going to try something that I've been wanting to try for a while. I'm going to play as many hands in one day as you would get dealt in a month playing full time in person. It's 5,600 hands which should take me 12-13 hours of actual playing time. There's a fair chance that my brain might shut down about 3/4 of the way through because while I've played 12 hours in a day before it was usually 12 hours of 1 game in person with breaks or 12 hours of 2 or 3 big multitable tournaments online so the effort wasn't as intensive. If I can make it to 5,880 that would be the same as playing 24 hours a day for a week without missing a hand. I'll let you know what happens.

Wednesday, May 16, 2007

Mental Toughness Required

Playing poker for a living is definitely an occupation that requires substantial mental toughness. Sometimes it feels like everything that could possibly go wrong is going wrong. Out of nowhere all of your bluffs are getting called, your big hands are running into bigger hands and none of your drawing hands are getting there. You see good hand after good hand get squashed and you think to yourself, "What happened to my money? If only this had gone differently and I hadn't done that."

I can tell you from 7 years of experience (both my own and from watching other people) that the natural reaction is to go completely nuts. Your heart tells you "Get in there! You better win this pot now! You can't wait for the next hand you have to win this one!" Some players listen and play every hand as aggressively as possible and take wild chances in a desperate effort to get that money back. Others manage to ignore their heart and listen to their brain which is telling them "Stay calm. Wait for a good hand. It wasn't that much money. IT'S OK! DON'T PLAY THAT HAND YOU IDIOT! FOLD! FOLD! FOLD!"

Hanging on to your composure when you start losing pot after pot is like charging into the ocean trying to make it to a boat. If the waves are small and spaced out you can make it, but if they are huge and come one after another then even the strongest person will be repelled.

Similarly, losing a few pots close together isn't hard to handle if they are small and losing a big pot here and there is ok too. It's just part of the game. But if you lose several big pots in quick succession wiping out days worth of profit it's almost impossible to stay totally calm and think rationally.

The trick is being able to let that emotional response pass and get back to playing your best as quickly as possible. It might take 5 minutes or 5 hours or 5 days depending on the amount of money involved and the way things went down. Part of being a pro is getting back on track right away.

Lately I've been trying to focus on having the mental toughness to bounce back as quickly as possible. Luckily for me no matter what happens or how upset I am, my absolute worst is still pretty good. While I'm not sure how good my "A game" is, I'll take my "F game" against almost anyone's.

Unfortunately I had the chance to work on my mental toughness today under extreme circumstances. I was in 6 NL cash games and I lost all of my chips in 4 of them in the span of about 3 minutes. First I lost $200 when I made a straight on the turn at the same time that another player made a flush. He made a huge bet and I decided that there was about a 45% chance he had a flush and a 55% chance that he didn't. I was wrong and lost. Just after, I picked up QQ and lost $200 to a player with AA. Then I lost $100 with AQ to QJ when the flop came down Q J 5 and I didn't improve.

At this point I was not happy. Not only did I just blow through $500 in no time at all, if I was playing really great I probably could have saved some of that money. Of course they were all tough spots and I certainly didn't make any big mistakes, but it wasn't like there was no way I could have gotten away from those hands and I was doubting my decisions.

Maybe 45 seconds later I picked up JJ and I thought to myself "Pleeeease make this one easy on me." Someone open raised the minimum (to $8), another player called, I made it $24 and they both called. The flop came down J 7 3 with 2 hearts. Ah Ha! I bet $40 and one of the other players moved all in. Not only did I have the best possible hand, but no matter what my opponent had I was at least 75% to win and most likely they were either a 10 to 1 underdog or drawing dead. I guessed I was up against a flush draw or an over pair so when the turn came an 8 and the river came a 9 I was sure I'd won. For a fraction of a second I considered that they might have pocket tens, but then I realized that made no sense. When my opponent turned over A 10 of hearts and took the pot it felt like I'd been punched in the chest. Another $400 pot headed the wrong way.

That money isn't that important and I've lost literally thousands of $400 pots in my lifetime, but man, losing that pot right after those other three really hit me hard.

Then I thought "This is actually great, because it gives me a chance to work on my mental toughness!" If you believe that I have some magic beans I can sell you for only 11 easy payments of $49.95.

Happily, I did manage to have a total luck 180 right away. While the turn and river were coming out in the hand with the jacks I got dealt AK on another table. I raised, flopped an ace and some doofus with 89 which was no pair, no draw, decided to blow all in and I doubled up. Over the next 300 hands or so I managed to pick up 5 or 6 medium pots and finally one more big one (along with the standard compliment of little ones). After the big one I saw I'd recovered $685 of the $700 I blew through. At that point I promptly called it a day feeling like I'd been battered by enough waves for one day.

I'm still on target for my May goals. I've played 33,000 of my 60,000 hands for the month and I'm only slightly off the pace of playing 30,000 hands in the 10 days of the pokerstars double FPP promotion. I've had 9 winning days and 5 losing days so far, but my biggest losing day was under $300 and I've had three winning days in the plus $1,000 range.

There's never a bad time for a good streak, but since I'm going to need an extra $2,500 or so for my trip to the WSOP and Jen is going to be too pregnant to work right around the corner this has been good timing.

Friday, May 11, 2007

A little gift from pokerstars

Pokerstars made an announcement that they are going to have a bit of a blowout as they approach the 10 billionth hand dealt in their history. When I first started playing online poker in 2004 Party Poker who was the big dog at the time had dealt more hands than any other site. In the five years that they'd been in operation they'd dealt 250 million. Pokerstars expects to deal half that many in the next 10 days and has dealt over 5 billion hands in the last year. When they say poker boom the mean BOOOOOOOOM!!!

So what are they giving away? The lowliest thing is they're adding a few thousand dollars in prize money to about a dozen daily tournaments from now until May 22nd. I'm not going to bother squabbling over that money.

More significantly they are adding $100,000 to the prize pool of the $215 buy in "Sunday Warm up" and $250,000 to the prize pool of the $215 buy in "Sunday Million." The first usually draws about 2,000 players and the second usually draws about 7,000 (and I expect they'll get about 50% more players than usual) so the added money isn't that significant.

In my estimation there will be about $50 in extra equity total if I put up $430 and played both tournaments. However this added money should attract players that normally wouldn't play in these tournaments and for many of them it will have no business playing in a $215 tournament. So on top of the small added bonus money, the fact that the field will be much weaker than usual should add some significant additional value.

Another thing which is always nice is they're offering a 25% deposit bonus on deposits up to $600. For me this is a free $150!

The most exciting thing for some players is they are giving away money to the players that are dealt in on every millionth hand starting with #9,900,000,000. The amount varies depending on the size of the game you're playing in as well as your VIP level and the winner of the actual hand gets much more. The lowest amount would be if you had no VIP status and were playing in micro level games. The winner of the hand would get $250 and the other players dealt in all get $100. I won't go through all the permutations, but the bottom line is for me I'll get paid $2,400 if I win one of those 100 hands and $900 if I'm just dealt in. That would be sweet!

No one knows which tables the key hands will be dealt on, but you can see the hand counter going up so I'm going to make sure I'm playing in 10 games when the key hands are going to be dealt as often as I can. Obviously I won't be playing when all 100 hands get dealt since one is going to happen about every 2.5 hours for the next 10 days or so, but I might be able to at least be logged on and playing when 50 of them are dealt. I have no idea what kind of dollar value to put on this part of the promotion, but I sure will be fired up if I get any piece of that money.

Not surprisingly the ten billionth hand will be much more significant. Getting dealt in is worth $10,000 plus a $5,000 seat in the WCOOP main event and winning the hand is worth $100,000! You can bet that when that hand gets dealt pokerstars will have more players logged on than they ever have before. I will personally be in more games than I ever have before. I'm taking my monitor to max resolution and shrinking those games down as much as I can to give myself the best chance.

When I first started thinking about this I thought "Ha ha! I'll have about a 1 in 1,000 chance at hitting this one!" But I think it's actually much better than that. Pokerstars usually has around 10,000 games going, but the majority of them are play money games and some more are multitable tournaments which don't qualify (only SNG's tables and cash game tables count) I'm going to estimate that for the big hand there will around 2500 qualifying tables and if I'm in 15 games that will give me a 1 in 166 shot of being in the big hand. For the lesser earlier hands there might be as few as 500 qualifying tables if it's late at night meaning I'll have a 1 in 50 shot of hitting each one if I'm in 10 games each time. All of a sudden I'm a little more excited about this part of the promotion.

All that stuff is great, but by far the best thing for me is DOUBLE FPP's for 10 days! Normally I get about $32 in FPP's for every 1,000 hands I play. Between now and May 22nd I'll be getting $64 for every 1,000 hands. If I bust my hump I think I can play between 25,000 and 30,000 hands between now and the 22nd. Which means this part of the promotion will be worth close to an extra $1,000 for me. Thanks pokerstars!

My WSOP 2023 Plans and Missions

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