Monday, June 30, 2008

Some Unusual Good News

June while still somewhat profitable turned out to be my worst month since January. A big reason for that was the minor loss at the WSOP and perhaps more importantly the 9 days I wasn't playing online. But there is good news!

First of all my good friend Matt Lessinger won his was into the WSOP main event in a $55 with rebuys direct qualifier! Congrats Matt! Of course I am insanely jealous. But, happily I had 10% of his action, so for a relatively small investment I now have 10% of his action in the main event (a $1,000 value). Hopefully he'll do something big!

Second, pokerstars is running a promotion offering double FPPs from now until July 6th! This means for doing the same stuff I would be doing I'm going to earn double points towards my year end goal as well as double FPPs to be cashed in for dollars. This is HUGE. Right now I'm at 443,000 points for the year and since we're at the exact half way point I should be at 500,000.

I am going to go TOTALLY BANANAS this week. Don't expect to see or hear from me until July 8th (on July 7th I anticipate being a drooling zombie blob if my brain has not actually exploded). My goal is to knock out 30,000 points which will then be doubled to 60,000 points. Those points alone will be worth $3,152 without even factoring in progress towards the year end goal! Clearly with dollars coming in at that rate FOR BREAKING EVEN I need to do as much as I can. I'm hoping I can find the mental strength to do even more that my above goal, but I'll be happy if for once I can hit a goal I've posted on this blog.

Wish me luck! I won't keep you posted until after the fact since every second I spend in front of the computer will be spent playing!

Thursday, June 19, 2008

A Tale of Two Sets

I started today by getting my ass kicked just about every way you can imagine. In fact there was one pot that I won, but it felt like I'd lost about $120 on the hand. I'm sure you're all thinking "How can that be?!?! Dave must have hit the Grand Mariner before writing this post!"

Let me explain. I was playing four $10/$20 games this morning and one of them was a spectacular game (especially for a Thursday morning). There were these two goofs in the game who were playing all kinds of garbage hands and going nuts with them. And they were both killing me. Whenever I was in it seemed like they were nailing their hands. Then the following hand came up. Goof 1 raised from the button, goof 2 three bet from the small blinds, I called from the big blind with 88 and goof 1 capped it.

I wasn't really sure where I stood, but when the flop came down 8 4 3 I started to drool. "Ah ha!" I thought triumphantly. "Now these goofs are going to pay! I'll cut them to pieces with my mighty set of eights!" Then to my total shock and horror goof 2 (who was first to act after the flop) timed out and folded (In the games I play in you have 14 seconds to act on your hand or you're out - it's kind of a brutal format, but it keeps the games moving quickly)! I couldn't believe it. I was thinking I would get AT LEAST $70 from him no matter what he had and instead I got zero.

After goof 2 folded I bet, the flop, turn and river and goof 1 folded to my river bet meaning I only made $30 after the flop. While I was trying to convince myself that maybe I wouldn't have gotten that much out of goof 2 he typed in the chat box "Thank God! I had KK and was so pissed that I folded!" BASTARDS! I'm guessing I would have gotten $30 or $40 from both players on the flop, $60 or $80 on the turn from goof 2 and $20 on the river. Even though I won the pot that hand sucked.

Now on to a much better hand. I was losing $2,200 by lunch today (I was just thinking to myself this morning how it had been a long time since I'd had a really big loss - now why would I tempt the universe by thinking that?) which also sucked. After lunch I thought I might play a little $15/$30 along with my normal $10/$20 games in an attempt to get some of my money back, but the games were loaded with regulars and pros.

Just for fun I decided to see who was playing $30/$60 even though I wasn't going to play. A few of the games looked OK, but one looked great. There was no one I recognized except for one guy who is a big loser at the $10/$20 games. I decided to take a chance and bought in for $3,000 (I was also in for $1,000 in each of three $10/$20 games). After about 18 seconds I was down to $2,500 in the $30/$60, not doing great in the other games and stuck about $3,000 for the day. SHIT!

But then I picked up AK three times in about 20 hands and won with all three. I was back to about $3,400 and I'd determined that the game was even better than I'd hoped. There were three guys who were constantly just calling before the flop which is a sign of real suckers in a short handed game.

Then I picked up TT on the button. Sure enough the first player to act just called $30 another player called behind him and I raised as I was thinking how great the game was. The big blind called and the original caller made it $90 to go. This made the alarm bells go off big time (ALERT! ALERT! We might have pocket aces!). The vast majority of the time people just call before the flop and then reraise it's AA in their hand. I called as did the other players and we took the flop 4 way.

While I was thinking about how sure I was that that one player had AA the flop came down T 3 3 and all of a sudden I was desperately hoping I was right! I almost couldn't believe it. I had to slow play a little here so I checked. To my insane delight the big blind and the original caller went to war with a bet, a raise, a reraise and a cap while I just called along! I thought to myself "Holy shit! I've flopped tens full against pocket aces and trip threes in an F-ing $30/$60 game! Yeah Baby!"

The turn was a Q which wasn't a great card, but I was pretty sure anything but an ace or a three was safe. I checked, the big blind bet $60, the other player just called and I raised to $120. Now the big blind went all in for a total of $175 which was great because it got the money in, but if he'd had more there's a chance the other player would have folded. Since it wasn't a full bet I couldn't raise again, but I did bet the river and got called. Sure enough I was up against AA and 7 3! I'd like to give the guy with 73 a little shout out and thank him for not folding before the flop (and for the $385 that he donated to me)! That pot was about $1,300 when it got pushed into my stack and I left the $30/$60 with a $1,400 profit in that game.

While I was done in the $30/$60 (the busted player and one other softy left and were replaced with some real players) I kept playing my other games and managed to cut my days losses all the way back down to about -$450. While I started the day with a win that felt like a loss with the set of 8's I finished they day with a net loss that feels almost like a win.

Tuesday, June 17, 2008

A Fe w Comment Responses

First of all thanks to those of you who post comments. I love feed back on my posts as well as questions.

A while back now my sister asked:

I have 2 questions: First, when you went to the 1st WSOP, I remember you talking about being pretty nervous. There was a guy in the elevator with you who looked like he might crap his pants, if I remember correctly. Are you nervous this time around? Or is this getting easier and easier?

Second, since you play online mostly, you don't have to worry about tells. Are you worried about that at all now, or is a poker face easier to hold when you're only playing one hand at a time versus eight? Or does that have nothing to do with it?


Great questions! The most nervous I've ever been in my entire life was when I read a poem that I wrote for a girl to her as a way of asking her out when I was 16. About a third of the way into it I could tell by the look on her face that she was NOT receptive to my advances and was trying to figure out what the hell to say to me when I was done.

A close second was the first time I played a big buy in tournament. It was a $1,500 tournament at the L.A. Poker Classic in 2004 and before that my biggest tournament ever was a $215 buy in. I got pocket kings on the second hand and if you had a heart rate monitor on me I'd bet my pulse was around 175! While I was pretty nervous at my first WSOP after an hour or so I felt pretty comfortable and since I made the money in my first event ever I'd say the nerves didn't get the best of me.

This year I wasn't nervous at all. I think part of that is this was my fourth year at the WSOP and I've played close to 50 tournaments with buy ins over $1,000. I feel like I belong in those games, I know I'm good enough, and I expect that eventually I'll nail one of these babies for big money! It doesn't hurt that I've been having a strong year in the cash games so I wasn't really sweating the money.

As far as tells go, I'm always surprised how I get back into the groove after a long time away from in person games. It's hard for me to detect how much information I'm giving away, but as far as picking it up goes, I feel like I had great reads on my opponents for my entire stay at the WSOP. I'm always amazed when I play in person how much information people are giving away. If only I could play 500 hand an hour I'd play in person all the time!

Now on to another comment topic: the one Sunday I spent in Vegas. While I glossed over it originally I would like to say that it was great fun hanging out with my sister in law Kristen and her boyfriend Matt. While there were so many good times during that day that I could hardly mention them in one blog post I will point out the one major highlight which E.B. alluded to in his comment.

After I don't know how many hours of Pai Gow, Kristen, Matt, E.B. and I moved over to the craps table at the Paris. After a few bad shoots it was time for Kristen to roll the dice. For those of you who don't know anything about craps essentially one person keeps rolling the dice until they roll a 7. The longer a shoot goes on the better it is and the more numbers 4-10 that you repeat the better it is.

Before they pushed the dice to Kristen she warned us that it was going to be an amazing shoot and only a fool would do anything but bet more than they normally would. E.B. took this advice and instantly decided to double all of his normal bets which are already pretty sizable. I also decided to go from reserved mode to full out mode and since I'd been getting my ass kicked at Pai Gow and craps I was ready for a big turn around. That's exactly what I got.

Kristen then proceeded to roll 4,5,6,8,9 and 10 AT LEAST 3 times each (some of them hit 7 or 8 times) without ever rolling a 7. Given that there's a 16% chance of rolling a 7 on any given roll and it is the most likely roll this was a pretty amazing feat. Good work Kristen!

As as result of this shoot and the fact the E.B. won 9 out of 10, $100 bets that he placed on Kristen's hand at the Pai Gow table he's promised her a free room in Vegas any time that he's in town. Given the comps that E.B. gets at just about all the hotels in Vegas this amounts to the owner of a deli offering a free ham sandwich, but I know it's still appreciated by Kristen.

Thanks for the comments!

Monday, June 16, 2008

Non Poker Vegas Recap!

While the main purpose of my recent trip to Vegas was poker, there was a lot more going on during my stay.

I got to Vegas on Tuesday, played poker Wednesday and Thursday and after my money finish Thursday night I hooked up with my good friend (and original gambling mentor) E.B. at the Rio. My plan was to have one beer and play $25 a hand Pai Gow for about an hour or so before calling it a night. That plan lasted about 45 seconds.

While I did manage to have that one beer, I followed it with a shot of Grand Mariner every 15-20 minutes for the next few hours. Of course that whole $25 a hand business went out the window just as quickly and before I knew it I was drunk as a skunk with $200 on each of two hands! Amazingly I kept the damage to about -$500.

This was the beginning of what if things were going poorly you would call a massive Grand Mariner fueled bender. I gambled straight from late Thursday (or technically early Friday) until late Sunday (or technically early Monday) only stopping to eat and sleep. It was a pretty amazing thing to think back on and the only reason it went on like that was I was actually winning!

On Friday I checked into the Bellagio and met up with E.B., Jake, Chrissy, Jean, Chrissy's brother James, and eventually Jen. We spent most of the day playing Pai Gow and craps and everyone had pretty break even luck but lots of fun.

Saturday on the other hand was one of my top two or three of the 50+ days (it might be as many as 75) that I've spent in Vegas. After a late breakfast (still at the Bellagio) the ladies all went shopping and the men made their way to the Let it Ride table. Let it Ride is one of those games that the house has such a huge edge in that you can almost feel them sucking the money out of your pockets. But it's fun to play and if things go well they can go well in a hurry. They did and I picked up my first $500 of the day which was pretty amazing given it was a $10 table!

After a few hours of Letting it Ride, we jumped one table over to play black jack. I've played about 5 hours of black jack in my entire life so this was a little out of character. While black jack doesn't have a huge house edge it moves VERY fast and a streak in one direction or the other can leave your head spinning. Luckily I had a streak in the right direction betting between $25 and $75 a hand and left with another $500.

Then it was on to Pai Gow. This is our group's favorite casino game and we parked it there for quite a while. About 8 o'clock we started to think about dinner and decided to go big. By 8:15 we had a 9 o'clock (what are apparently hard to come by) reservation at Prime which is the steak house at the Bellagio.

The pit boss who'd made the reservations then told us that there was a dress code which was no tennis shoes and a collared shirt. Chrissy's brother (who was there because it was a gift from Chrissy) is a casual guy and had only tennis shoes and T-shirts with him. Also given the fact that he makes $8 an hour he was not in a position to run out at the Bellagio and buy himself some shoes.

But given that I was ahead about $1,700 on the day at that point and had been betting between $50 and $250 on single hands of Pai Gow for the previous 100 hands or so I decided I was going to buy James some shoes and a shirt. If nothing else I was sure he would remember where he got those shoes!

So we went off on a mission with about 40 minutes to find shoes and a shirt and make it to Prime by 9:00. E.B. and Jake came with us since for moral support and also because Jake needed a shirt as well. After a short jaunt into the Bellagio shops it was clear that they weren't going to suit our needs. While I was feeling generous we weren't going to find anything in our price range at Armani, Gucci, or Louis Vuitton.

So it was off to the Forum shops at Caesar's! After walking into a men's shoes store where the first pair of shoes I picked up cost $1,100, we decided to ask for some direction. Eventually we made our way to a place called The Walking Company where we found a wonderful sized 10 pair of shoes for $80 and after a quick trip over to the Gap for a $20 shirt we were in business.

By 9:05 we were all at the table at prime looking sharp. The steak I had there was maybe the best I've ever had which is saying something given how many steaks I've had in plenty of very nice restaurants. I guess that's what you get when you pay $60 for a fillet!

After dinner it was time for guess what? More gambling! We made out way over to the Paris and hit the craps table. Some amount of time later which could have been 1 hour or 4 hours, between Jen and I were were up $2,300 and I was up $3,900, a pair of shoes and a shirt on the day!

Sunday was another fairly break even day which in Vegas when you gamble all day is a success. The rest of the trip was uneventful, but costly as far as non poker gambling goes. I'm very good about keeping things in check when the luck goes south so I didn't blow back too much, but a good chunk of that $3,900 didn't make it home with me.

What's great is I pumped A TON of action through the casinos. Contrary to popular belief when they're giving out free rooms and other comps they don't care if you win or lose. They're only interested in your average bet size and the duration of your play. They know they're going to get you in the end so all they care about is how much you're willing to risk. I'm hoping to have a pretty nice train of free rooms lined up for the foreseeable future.

While it wasn't a profitable trip per se, it could have been much worse and I'm happy with the results. I now have 3 WSOP cashes in 19 tries and every time I go back I like my chances more and more. Thanks again for all of the good luck wishes and support from my friends and family!

The next big thing on the horizon is the WCOOP in September which will no doubt lead to a flurry of blog posts. For now it's back to the online cash games. I picked up a nice $1,200 win today so I'm actually feeling pretty good about getting back to my normal schedule. I'll try to keep you posted on any interesting happenings in my poker life!

Wednesday, June 11, 2008

Double Event Recap!

Sorry for all the massive delays on my blogging. I really did have a tough time with the Internet once I left the Rio.

I am currently sitting in the airport waiting for my delayed flight out of Vegas. Given that fact I'm guessing you can figure out how my last tournament went. But for those of you who are still interested even though the drama is now over I'll give you a brief recap.

Let me start with the $1,500 shootout. This event was limited to exactly 1,000 players who all started 10 to a table. Each group of 10 played amongst themselves until only 1 remained. The 100 players who won their first table were then put at 10 tables of 10 where they repeated the same process. The final 10 players then came back the next day to play for the title. Winning your initial table was worth about $5,500 and that was my goal when I sat down.

I got stuck with a tough table. It was clear that 4 of the players at my table other than myself were poker pros who were in town to play a slew of tournaments. Luckily 3 of those players were the first three out!

I managed a quick double up and once most of the tough players were gone I was feeling pretty good about my chances. But then I lost a few all ins against short stacks and found myself back to about even.

About two and a half hours into the tournament I made a bold play that didn't work out. There were 6 of us left, the blinds were 100/200 and a player who had been raising very frequently raised to 500. I was in the big blind with about 3,000 chips and decided to put in another 300 to call with 67 of hearts.

The flop came down T 8 7 with one heart. I checked and my opponent bet 325 into the 1,100 chip pot. I thought for about 10 seconds and then moved all in for 2,500 expecting to win the 1,425 in the pot without a call. I was hoping he had big cards or even a pocket pair below 7 since I would be way ahead against both and would almost certainly win the pot right there. I'd been thinking about check raising all in no matter how much he bet and I thought that the 325 bet looked very weak. Also even if I was up against a hand like AT I'd have almost a 40% chance to win by making two pair, a straight or a flush.

Sadly my opponent had JJ and instantly called. This was a bad hand for me to be up against since a 9 (the one card I was almost sure would make me the best hand) would no longer make me a winner. I couldn't find a 6 or a 7 and I was out.

Now on to the $2,000 limit event! I started this tournament feeling extremely confident. All I've been doing for the past 6 months is playing limit hold 'em and my game felt really sharp. Another reason why I felt good was I knew no one hand early on would be then end of me and I'd have a chance to see plenty of hands before my fate was decided.

I started off at a GREAT table. No one there could play at all! I couldn't believe it. It was a weird combination of people that flat out hand no clue and a few others who I suspected were probably no limit players and were having trouble adjusting to the structured betting. Or maybe they were just all morons. Even though I got terrible cards for the first few hours I did make a flush and a top two pair and got crazy action on both.

At my best I was up to about 7,000 from my 4,000 chip starting stack. Around that time (about 3 hours into play) I got moved to a new table and discovered I was sitting right next to Phil Hellmuth!

Phil is arguably the most successful person in WSOP history. In addition to being the youngest world champ ever (he won the main event in 1989 at the age of 24) He has the most bracelets (11), the most money finishes (over 60) and the most final tables (an astounding over 40). This means that of all the WSOP events that have ever been played (a little over 600) he's made the money in 10% of them made the final table in about 7% of them and won about 1 in 60 of them. That is totally insane. He didn't even start playing until at least 14 years after the WSOP started and can't have played more than half since then!

Anyway while you never want to see skilled players at your table it's cool to play against one of the worlds best and see how he does things close up. I beat him out of one small pot, but other than that I never really got involved in a pot with him.

As soon as I got moved to that table I went totally card dead. I only saw one flop in 2 hours (about 70 hands)and I didn't fold anything that was even close.

About 5 hours into play I got moved again and found myself back to my 4,000 chip starting stack. The blinds were up to 150/300 and I finally found an hand. The button raised and I made it 900 to go with AQ in the small blind. The big blind folded and the flop came down 7 5 3. I bet and my opponent called. The turn was a 9 and I bet again. My opponent called again and the river was a J. I checked and he bet. I didn't have anything, but there was so much in the pot and it was only costing me 600 to call so I hand to do just that to police a bluff. My opponent flipped over A9 and took the pot.

If anything but a 9 comes on the turn I almost certainly win right there and there was only a 1 in 15 shot of a 9 coming on the turn. I waited 3 hours patiently to get my money in with the best of it and I feel like I succeeded even though I didn't win the pot.

After losing that one and going through the blinds again I was down to about 1,500 when I picked up AJ of diamonds on the button. The player to my right just called (a weird play), I raised and the small blind three bet. The first player just called and thinking I was pretty much committed I decided to make it 1,200 to go. Of course they both called and the flop came down 4 5 6 with two spades. The small blind checked, the other player bet, I went all in for my last 300, and the small blind called. The turn was an 8 and the action went check, call. The river was a ten and the action went check, bet, fold. My one remaining opponent turned over T7 of spades for a straight and I was out.

I have no idea why you would just call with T7 suited at this stage of the tournament and then call after a raise and a reraise. It made no sense. I don't know what the other player had and there's a good chance I would have lost all of my chips anyway, but it still sucks to lose to someone who has no clue.

I feel like if I played this tournament 100 times I'd have at least 30 finishes in the top 10%. I might have to focus on hitting some more limit tournaments in the near future.

Of course there was some other Vegas drama on the 3 days between tournaments. I'll fill you all in on that in my next post which should be sometime tomorrow or the next day. I'll also include a general recap of this years WSOP and give some final thoughts.

For my backers I'll send you an e-mail letting you know exactly how much money you're getting back in the next day or two. I lost $4,135 playing poker and I certainly used my $1,000 allotted for expenses so you'll all be getting back 60.5% (That's $7,865 which is what I had left of my $13,000 bankroll plus expenses divided by $13,000) of your investment. Not great, but better than zero. Thanks again for taking a chance on me!

Tuesday, June 10, 2008

Another Update From Jen

I just got a call from Dave so I figured I'd write a quick post in case anyone is checking how he's doing tonight.

Today's event was a $2000 limit Hold'em and it started at 5pm, so they'll be playing pretty late to get down to the money. As of 9:30 Dave has turned his original 4000 chips into about 7000. The average stack is 5000 so he's doing pretty well. There are 380 players left out of 480 who started. Since it's limit it moves slowly in the beginning.

He couldn't tell me much because his cell phone is dying, but he's sitting next to Phil Helmuth, which is cool.

Monday, June 09, 2008

A Quick Update

This is Jen with a quick update from Dave.

He is having trouble with his internet connection so he wanted me to let you know that he skipped Saturday's tournament, is eliminated from today's and will be playing in one tomorrow (Tuesday).

He hopes to give you details on everything soon!

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...