Saturday, October 20, 2012

Don't Call it a Comeback (Part 3)

When I last left off I was coming off a nice win at the Bay 101 $20/$40 which capped a 10 day run where I'd won a good pile of money for myself and about $1,700 for my good friend and frequent backer E.B. As a thank you he offered to buy me dinner at Ruth's Chris steakhouse.

I went into this dinner planning on getting my money's worth. Normally if someone is going to buy me dinner, I'm not going to go all out. But in this case since I'd just handed over seventeen $100 bills, I was going to do the opposite of holding back. I had crab cakes, steak and lobster, gnocci, two Manhattans and two glasses of wine. It was the best meal I've had in a long time.

After dinner we headed over to The California Grand to play some cards. There was a short handed $15/$30 going, but given that I was 4 drinks deep we decided to play $6/$12. While we were waiting for a couple of $6/$12 seats to open up E.B. sat down in the $15/$30, made a couple of hands and won $600 in about 30 minutes before they called us both for $6/$12.

When we sat down at $6/$12 E.B. said something about wanting to win enough at that game to pay for dinner. What?! The whole reason we went out was because we were celebrating a series of wins, and he just won enough to pay for dinner twice. Anyway we both played well and got some good cards. I won $316 (plus the cost of about 7 more Manhattans which had been paid for out of my stack) over the course of 4 or 5 hours, while E.B. won about another $250 and we both left feeling like the night had been a major success.

Three days later I took another $1,000 off the Bay 101 $20/$40 and two days after that I booked a $600 win at the Oaks $15/$30. The latter came on October 11th and at that point I hadn't had a losing session since my first time back at $15/$30 on September 15th. During this stretch I'd played 11 times and won every time.

I knew I was running hot. No matter how well you play, you can't expect to win 11 sessions in a row, especially if they are shortish 3-4 hour sessions. Normally, I'd be happy with 7 out of 10 under those conditions.

I finally took what felt like my first big loss on Tuesday dropping $1,100 at the Oaks $15/$30. I knew eventually I'd get dinged, and I was curious to see how I'd react emotionally. Happily I didn't feel that bad at all. I played well the entire session, didn't spew a bunch of chips when the deck turned against me, and when I crossed my $1,000 stop loss mark, I played to my blinds and racked up my remaining chips.

E.B. and I had so much fun at our last outing we decided to do it again last night, although we toned it down on dinner and this time we went to Lucky Chances. After a 6 hour alcohol fueled session of $6/$12 that ended about 3:30 a.m. (my wife and kids are away for the weekend visiting my sister in law so I really took advantage of the fact that I could make it a late night) I was up $500 plus the cost of a couple of grilled ham and cheese sandwiches and about 5 long island iced teas.

All told I'm ahead $5,600 over the past 9 or 10 weeks after 114 hours of play. Coming in to this experiment I was thinking if I could make $10 an hour and enjoy myself while doing it it would be great. Instead I've been making closer to $50 an hour, not counting the $2,000 I've won for E.B. (who has now been relegated to taking a smaller piece of my action and will soon be getting none of it unless I'm playing $30/$60 or $40/$80).

I've spent a little of my winnings $20 here and $50 there, but for the most part I've been able to hang on to them. I have a shiny new bank account with $5,000 in it. My first goal is to have that balance up to a 5 digit number by the end of the year. My second goal is to hit +$15,000 sometime early next year at which point I'm going to pull $5,000 off the top and buy some hardwood floors for our house.

Of course I could get my ass handed to me over the next couple of weeks and be back playing $6/$12 with a $2,000 bankroll...but I like my chances. I'll let you know how it goes.

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