Saturday, June 27, 2009

Playing Bigger and Winning Bigger

Since I got back from the WSOP (and to some extent before I left), I've been playing for bigger stakes. My standard game for the past two years has been $10/$20 six handed limit hold'em playing 4 to 6 games at a time. Of course I've taken my shots at the bigger games playing as high as $100/$200. But until recently it's been sporadic and rare that I'd go above $15/$30.

This month is the first extended stretch of time that I've played $30/$60 regularly. Along with a mix smaller stakes games, I've been playing something like 500 hands of $30/$60 and 100 hands of $50/$100 on a daily basis. And I've been winning.

In fact I've been winning so much that today at one point I was losing $6,000 and I wasn't worried about it. I knew the games were in the range of OK to good so I kept playing, made a comeback and only lost about $2,500 on the day. I never thought a day would come where I could lose $2,500 and call it a moral victory.

6 handed $50/$100 is a pretty absurdly sized game. $2,000 pots are not unheard of and losing $5,000 in a session is a possibility every time you get dealt in. Of course I could be the one to drag one or two of those $2,000 pots or get the benefit of someone elses $5,000 (or $10,000) losing session. And that's why I'm playing.

I've discovered recently that one or two of the regulars at that level are not regulars because of their skill level. It's clearly just that they have the money and can afford to lose big. Targeting these players as well as unknown players or the ones who are moving up to take their shots has proven very profitable. Hopefully I can keep it up.

Tomorrow I'm going to mix in a few tournaments. Pokerstars is offering four times the normal points for playing in the "Sunday majors" so in addition to some big cash games I'll be playing some significant tournaments as well. Hopefully I have something interesting to write about after tomorrow!

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