21 Jan 2011 @ 2:44 PM 

My motivation and passion for the game is back which is great however I seem to be coming to a crossroads lately with what to do.

On one hand I have a burning desire to improve in cash games mainly because I see it as a consistent way to make money and even more when moving up the levels (hopefully), I would be very content to be beating the top end of SSNL and if I could beat the game at even the bottom end of MSNL for a decent winrate of ~2BB/100 over a large sample each year I’d be a very happy man! I’m a long way from that so I won’t worry too much about that for now.

On the other hand I would like to get back into the tournament scene again, it was how I’ve grown my bankroll and it seems to be where the value is at the moment since the cash games have dried up somewhat. Don’t get me wrong, there is still money to be made in cash games but it takes a lot more work than tournaments I think. I sort of regret not pursuing the tournament path when it was all going well for me in 2009 but I did learn a lot from going down the ring game path too, which I am grateful for despite not winning from it.

For the foreseeable future I have decided to ban myself from watching TV shows, it may seem extreme but so is watching an entire season over a weekend! So enough of the TV show binge, it’s time to use that time for more productive activities like grinding, studying and regular visits to the gym. As a treat, I could watch a movie or two but definitely won’t be watching TV shows for a while.

My router at home seem to have fried recently so whilst waiting for a replacement router I think I’ll be spending more time doing some studies this weekend, I’m out most of Saturday but will try cram some study time when I get home in the evening. What I will also do is just not go on the Internet on certain days or have blocks of time in the evening where I will remain off-line to study so I don’t have distractions. Time seems to go really quickly when I have my Internet browser open and it’s worrying as I don’t feel I’ve done anything productive!

Another thing I’ve noticed about myself is that I don’t take downswings very well, in fact it’s so bad that it completely stops me from wanting to play hence why I stopped for over half a year! I need to work out how to combat this and push on – at the end of the day Time is Money and I need to stop wasting it!

Tags Categories: Cash Games, Life, Poker, Tournaments Posted By: Likey
Last Edit: 25 Jan 2011 @ 01 54 AM

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 02 Dec 2010 @ 6:32 PM 

Yep, it’s been nearly a year since I last wrote a blog entry so I’ll try make a better effort going forward.

I haven’t been that productive this year (more on that in a future blog entry) and as such I didn’t play many online tournaments this year, however I did have the urge to play some live tournaments at the International Club. There were a couple of festivals earlier this year so I got involved by winning a few seats via the satellites. One festival was in June called The Super Stack Series of Poker where I played the £500 MTT (35,000 starting chips with 50min clock), and the other one was the G.S.O.P. in August where I played the 3day £300 event (22,000 starting chips with 90min clock). Both were great structures but I didn’t cash in either of them so FMTL!!

Just when you thought the structure couldn’t be beaten, Barry Martin mentioned a couple of months ago that he’s planning to do a tournament with a 100,000 starting stack! At first I thought he was joking and a group of us were joking about the structure saying stuff like how we could 8-bet fold if blinds started at 25/50. As it turns out, it really did happen and the club even introduced a new batch of tournament chips to replace the old which look really good! Although it sounded like a novelty at the time it was actually a big success – over 180 runners entered last weekend and I was there on Monday to rail Day 2.

The place was buzzing and even saw a few familiar faces that hardly come to the club any more, one was Laurence Houghton aka rivermanl/whatariver1 who is a superstar online but in my opinion is cursed in live tournaments. The curse continued as he got near the final table, his AA couldn’t hold against A6 and after rebuilding his stack he busted out with AA again to a sick beat where he flopped top set against Rob Payani’s TT!

Not only did Rob knock him out of the tournament, he managed to knock out 2 other people within those 4 hands during the bubble and made the final table as chip leader – going from 700K to 4M chips must have felt insanely good! In Day 3 he ended runner up but pocketed over £11,000 missing out on the trophy and just over £19,000 for 1st which went to Charlie ‘Coca-Cola Kid’ Vanka. Not bad for a £350 buy-in tournament!

Being the Satellite King that I am, I entered the satellite in hope of a seat but no luck this time so I didn’t play. I am really looking forward to participating in the next festival where hopefully I’ll have at least one 100,000 chip in my possession.

A quick mention for Sy “SykoSy” Zulhayir who recently joined as a Gutshot Team Pro so congrats! We chatted a couple of times but from what I can tell, he’s one of only a few who really understand both cash and tournaments to a high level. For someone who is mortgage-free with a 3 bedroom house in London as well as a BMW all paid for by poker – he’s done well! Which does confuse me because there’s no reason for him to be a Gutshot Team Pro but as long as he’s around I can pick his brain so I don’t mind. :)

On EMS forum, I’d like to mention that Bas had tweaked his tournament game earlier this year and since done extremely well. There’s another member called GAWA9 who has also improved immensely this year and no doubt he’ll keep on crushing. How he plays over 1500 tournaments a month is beyond me so big kudos to him – especially as he seems to be making $20K+ profit a month for several months in a row now! So for those who moan saying how they run bad in tournaments, well remember that sample size is one of the factors so keep on grinding and as long as you play a good game you should get rewarded.

One point I want to add – whilst writing this at work I realise I have a live tell, it’s actually funny because I realise it happens every time and I can’t help doing it! When someone walks past and I think they may be looking at my monitor screen I would touch my hair or subtly scratch my head. LOL!

I’ve not heard anyone use the term ‘Fuck My Tournament Life’ so hopefully it’ll go viral. :)

Good luck at the tables.
Likey

Tags Categories: Poker, Tournaments Posted By: Likey
Last Edit: 02 Dec 2010 @ 09 58 PM

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 22 Jan 2010 @ 5:15 PM 

First off, I got engaged near the beginning of 2009 and had our Chinese wedding a few months later. The official wedding is scheduled for around Easter in 2010. Apart from that there wasn’t anything special happening for the first 5 months, all except running bad in tournaments – it was very common for me to reach the last two tables cashing in peanuts for all the hard work.

Since then I had far better results, took down the $20 cubed again in May so I was one away from getting a hat-trick in that tournament. August and September were very successful months for me, as mentioned in my August blog entry I won several seats to play the WCOOP events. I went super deep in the $1050 WCOOP 2-day event finishing 10/3268 which was extremely gutting but winning shy of $20K helped cushion the blow. One of my goals of 2009 was to cash 5 figures in a tournament so I got that one locked. :)

Here’s a screenshot of my OPR results for August and September 2009:
Screenshot of OPR Aug-Sept 09

After that I had to take a really long break from the game to get over it and mid-October I got back to playing cash games again. I made just over $1K profit at the end of the month playing mainly $50NL which was a good start, I calculated that I could reach Supernova star status if I kept pace playing most days so that’s exactly what I did.

In November, I decided to use some of my winnings to have a home office setup, this includes two desks joined together along with two ergonomic chairs for me and Laura. I also built a new PC and got two 24″ Dell monitors to go with it – the whole project wasn’t cheap that’s for sure! Before that I was playing on the coffee table with my laptop whilst sitting on the floor with a cushion – very balla indeed!

There were some rough times ahead but it made me stronger and I have learnt from the experience. I think I’m starting to come out of the dark tunnel now but no doubt another bad run will be inevitable, I just have to ride it out when it comes. Looking back, I was running very bad and not realise I was playing in auto-pilot mode on 8+ tables to get VPPs thus playing bad too.

The good news was that I managed to reach Supernova on New Years Eve but the bad news was that I was down about $750 in December and my game suffered a lot trying to get there.

2009 was a very successful year overall for me, with each year winning more than the last. I can only hope that 2010 will be an even better year – hope it turns out well for you too!

Links:
Likey’s Cash Blog Latest update: 17th Jan 2010.
Likey is in the Well
WCOOP 28: $1050 Day 1
WCOOP 28: $1050 Day 2
WCOOP 28: $1050 Final Table Report by PokerStars Blog
Good luck to a forumite Gutshot Forum – WCOOP $1050 sweat thread.
They even put my table up on the plasma TV for everyone at the club to view that night. :)

Tags Categories: Cash Games, Life, Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 42 PM

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 22 Dec 2009 @ 3:51 PM 
 

I Quit

 

Just kidding…

Time for an update on my thoughts throughout this journey thus far:

First of all I have to thank BlackShuck again for persuading me to get into cash games as I’ve been meaning to make a start but kept putting it off. I already put it off a year before after getting robbed by Microgaming/Tusk but that’s another story and is old news.

It has been over 6 months now since I started but the first few months were just me getting used to the idea of grinding. Looking back, putting in several thousand hands per month does not constitute to grinding. During those months I did start off badly as nothing was going my way, I was playing 2-4 tables to get to grips with the game and also trying not to lose my money.

After several months of tiny grinding sessions and by that I meant a pathetic total of 6000 hands in June, 4300 in July and 2600 hands in August, I was still playing MTTs at the time so it wasn’t quite a full transition. My graph didn’t actually start going upwards until after 10,000 hands which was ridiculous. As for MTTs, there was a nice hot streak going for me in August where I won a $10 MTT for $5.2K and several big WCOOP Satellite seats for September. After bubbling the final table of the WCOOP $1K event I felt quite down and totally lost motivation so I stopped playing poker for 4-6 weeks although I can’t remember what I did in that time.

I was literally 2 hours away from being mortgage-free, if that happened I would have been spazzing out – jumping up and down saying ‘Click a Mouse, Win a House’ all day long!

A few people were asking whether I would still bother with cash games as I won a nice lump sum from tournaments but I was determined to make the transition. Towards the end of October I went back onto the $50NL tables and started off much better, admittedly I ran pretty damn good throughout the rest of the month playing 8000 hands. I didn’t really know how good I ran but winning felt good, it gave me motivation to continue so much that I played 32500 hands in November and reached Platinum Status. November was a really tough month as I was up and down like a yoyo but glad I got through that because it was a good learning process, the frustration I got from being in profit and losing it all 2000 hands later was immense, especially when it happened a few times throughout the month.

This month is even worse, I do blame myself for playing too many tables and not studying the game, haven’t watched a video since July/August. Instead, I have been listening to podcasts and experimenting with different lines. Chasing for Supernova this months seems to be costly as I had my biggest swing so far: from being up $500 to being -$1000 so far. I was dabbling with $100NL but have moved back down to $50NL and have even tried mass-tabling $25NL.

My feelings towards the game is towards the negative side at the moment, understandable there will be rough patches but hopefully I’ll be on the good side of that very soon. This is all part of the learning process and it’s good that I am having to deal with it, you can’t learn very much from running good afterall. For a short term goal I just want to get enough VPPs to hit Supernova so it can roll-over for next year otherwise this month would be absolutely pointless, being 3400 VPPs away it’s not that far so it would be good to be done for the weekend but we’ll see. In January I plan to really step up my game and put in a lot more time to improving so I can actually stay on $100NL. Obviously I aim to maintain supernova for the rest of the year – if I get over 200,000 VPPs for 2010 then I would be very pleased!

I also want to add a special thank you to palmer2k6 who gave me a few coaching lessons back in July/August which I found really useful – especially when I made use of the 3/4-betting in the WCOOP $1K event. For cash games however, I still need to perfect this skill as my betsizing is probably a bit off. I look to get more coaching sessions in the future to fix my leaks for $100NL but I’ll see how I get on in the new year with my studies so I know what needs improving that I can’t get via videos.

Lastly I want to thank all those who put in the time to join me in my sweat sessions, hopefully there will be plenty more in the future and keep me chatting. I used to chat a lot but lately I haven’t been speaking much so it’ll be good to get me out of the shell a bit more.

Bradley_w suggests I play MTTs at least once a week because I’ve put all that time to learn it and stopped playing, had no urge to play really but it’s still a very good idea so I’ll plan a (flexible) schedule for next year.

There’s more to say but not sure where to squeeze it in so will leave it for another post, probably at the end of the year.

Tags Categories: Cash Games, Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 41 PM

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 20 Aug 2009 @ 11:53 AM 

This month has been insane so far! First off I took down the $11 MTT at the beginning of the month for decent 4 figures then went off on holiday. During my holiday a mate rang to inform me of the Extreme Satellites on PokerStars with added seats to the WCOOP series. I wasn’t back until August 10th and this sick promotion with over $1M worth of added seats ran between August 4th-16th, I was excited when I got back and saw that there’s still plenty left for me to play despite missing out on a whole week of satellites.

That same evening I totally forgot to register for the 7pm so decided to stay up to play the $75+7 Extreme Satellite with 50 added seats. It was for the $1050 ticket which started at 2am and I managed to win one first go! I was so chuffed as it meant I didn’t need to ask for stakes this year as I did the previous two years.

The very next day there was a $75+5 to the $530 ticket with 50 added, unfortunately I busted out of that one pretty quickly due to some donk who decided to slowroll me with Aces. I wasn’t too discouraged, the next satellite was the $25+2 and it was for a $320 ticket which I manage to win. There were a few $25+2 with 100 added seat satellites to the $215 that I failed but it wasn’t a problem.

Sunday night was a shocker, I really wanted to play the $200+15 Extreme Satellite with 50 added seats for the $5200 ticket which is for the WCOOP Main Event which has a $10 Million GTD Prizepool. This is an amazing offer by stars as they’ve added over $250K into the prizepool, my plan was to get into this cheaply as $215 was still expensive for me, I thought the best option was to play the Step 3 SnG ($75+7) to win a $215 ticket but that didn’t work out – I repeated Step 3 about 7 times and then bubbled it eventually.

It was getting near to 9pm and it was about to start, I said to Jagz7 that I am a bankroll nit and shouldn’t be playing this as I lost in the Step 3 but f**k it, I’ll give it a go seeing as it is super value! In the end there were 2327 runners and 139 seats with $2600 cash for 140th, I happen to be one of the ticket holders after grinding an intense 3hours 20mins for it! :D

In total I played in 6 Extreme Satellites and cashed in 3 – the $1050, $320 and the $5200 for a total of $6570! The only catch with these satellite tickets is that I cannot exchange them for W$ nor use them for any non-WCOOP tournament so I will have to play them, I am already prepared for them because I booked time off work in case I go deep, I’m not one for pulling sickies.

I really hope that my boomswitch remains ‘on’ during the WCOOP series, even min-cashing would be good as it means I convert the tickets into real money. I haven’t decided whether to sell any pieces yet as I’ve only qualified in for cheap so would be missing out on a lot of value, however I may do percentage swaps as that’s the thing to do these days to slightly lower your variance.

This does remind me of when I won 2 x Step 6 tickets back in May/June and had to play them, both worth $2100 but unfortunately they were worth nothing because I busted out of both.

I can’t wait to play the WCOOP events in September. In the meantime, I still have another week and a half to make the most of a good August.

Wish me luck!

Tags Categories: Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 40 PM

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 19 Aug 2009 @ 10:09 AM 

Hello All,

Sorry I haven’t updated my blog in a while, have been rather busy with things and really needed a holiday. It was a good job I had 2 weeks off recently but even better that I shipped a tournament before I went away – my birthday was coming up too which was good timing.

Here’s the write up I did for it, which should also be featured on the EMS front page shortly.

I’ll be back for more updates soon, I hope you enjoy the read in the meantime.

Likey


Likey wins the $11 MTT – $15K GTD (4032 runners)

This isn’t a tournament I usually play, nor did I take it too seriously – mainly because I had already ‘donked off’ on all of my other regular tournaments such as the $3 rebuy and the $20 cubed. After busting out of those I only had this $11 MTT left so I had to one table it like a live pro.

Laura kept bugging me to pack because we were going on holiday the next day; it should have already been done and I really shouldn’t have been playing any tournaments the night before – or so Laura kept telling me! I kept saying I would pack as soon as I busted out. There were a few spots where I should have been out but kept winning my races and even shown her my laptop screen every time I shoved but kept hitting my Ace on the river which she found amusing, but she then followed it up with “can’t you just lose so you can pack?” My response was “I’m trying, I’m trying… I just can’t lose a race today!”

Eventually, with this care-free attitude, I made it into the money just by shoving when I was down to between 8-15BB, then decided not to go crazy once I was in the money as I thought I may as well wait for a good double up spot. Laura, however, had given up on the packing front and had long gone to bed, muttering something or the other!

With a bit of peace and quiet, I was able to play short stacked poker throughout the money stage then the next thing I remembered was being 32 out of 38 players from the original 4032 runners. The key hand was when I had TT with 10BB on the Big Blind, I had already decided I was not going to fold. UTG+1 limped 12K and had a monster stack of 626K, CO shoved for 93K so I stuck in all my chips. UTG+1 then called with KK whilst the other guy had A7s. The flop came 25A so at this point I was ready to start packing… but the Ten dropped on the Turn and another Ten dropped on the River. I received a call from my mate and I couldn’t speak properly because of my astonishment but managed to mutter “how did I hold up there and hit Quads?!” then said I’m going to try win this as I have a good chance then abruptly ended the call.

I had 361K chips with just over 30BB with just 4 tables left, sitting 17 out of 36 and in decent shape to get to the final table. I was later moved to another table where I was dealt Aces UTG so I made a small raise and called BB’s shove and sitting with 510K. That was the only occasion I had Aces in the whole tournament.

Now I am just slowing trying to grind my way to the final table but also maintaining my stack, we shortly busted down to 2 tables and I have quite a few big stacks on my table with over 1 million chips, I was on around 600K with a few short stacks in the mix.

My plan was to get reads on all the remaining players by using OPR and from the way they were playing. There was an aggressive player two to my right I felt I had to be careful of as it felt – I could have been wrong though – like they were getting a little help from someone due to their pro-like bet sizes but poor OPR results.

The aggressive player is now chip leader and bullying the table, she’s raising plenty and did it when I was on the BB with AQo. I shoved my 20BB stack and she folded and said in the chatbox that she’s called with QJ before. I then told her to “call quicker” and said she “folded like a girl”. I was hoping this sets me up for a nice double up off her later in the game.

My stack went down quite rapidly due to the blinds going up, it was now 17.5K/35K and I had 434K sitting last. The chip leader raises yet again and we are now on the final table bubble with 10 left. I had KTs on the button and was about to shove on her but I had the other table open and saw that one of the players had just busted out. I thought it was better to fold as I’d have a better spot to shove when we were 9-handed.

During the final table I waited patiently for a hand to double up with, I was getting rather short and had 330K on the button when the blinds were 20K/40K, the CO min-raised to 80K but he seemed like a ‘clueless donk’ so I shoved A8o thinking it was the best hand. He called with KTo and I held up for a 765K pot.

A couple of players dropped out but I was still sitting 7 out of 7 with a 500K stack. The next guy above me had 1.3M chips. Blinds were 30K/60K and I had AKo on the button so I shoved and the tight player on the BB calls me with A7o with his 1.8M stack, my hand held up so now I had over ONE MIRRION chips – but still last!

Another key hand was against the previously mentioned aggressive player who was now chip leader with 2.8M chips, blinds were 30K/60K still and I had A7o on the BB. She raised 140K from the SB and I thought about what to do with my 1.2M stack because I wouldn’t get any value if I re-raise but A7o was too strong to fold. I opted to call and hope to hit an Ace so I could trap her. The flop was 93A rainbow, she checked so I trap-checked. The turn was a K which was a great card to represent, she bet 178K and I re-raised 366K leaving 766K in hope that she thinks there’s fold equity. She tanks and then shoves, I snapped called her so fast and typed “YOU’LL BE ALRIGHT” in the chatbox when I saw her table T8o. She tried to bluff me with ‘fresh air’ and now I’m sitting with 2.5M chips and very close to the chip lead.

I am now guaranteed 4 figures and decided to go for the win. A few players eventually dropped out including the aggressive player. A deal was mentioned 3-way but nothing was agreed so we carried on, one guy busted out the other guy so we were now heads-up. He instantly asked to do a deal whilst he had 2M more chips than me. I decided to play on: he was a weak HU player and I soon took over the chip lead and slowly grinded him down. He wanted to see flops a lot so I decided to see it too; I then took pots off him post-flop. It went on like this for a while and eventually I changed gears by shoving everything to see what he does as he was getting short, the final hand was him thinking he trapped me by limping KTs and I shoved with a real hand this time of A6o and got a full house by the river. Good game!

As this was the Sunday tournament it had a larger amount of runners (4032) giving me a nice prize of $5241.61, usually it would only get around 2800 runners.

After the win I still hadn’t packed and had given up on the idea. Instead, I stuck a Post-it note on Laura’s alarm clock saying “Wake me up at 11am I’ll pack then. I just won $5200″.

When her alarm went off, I got a nudge in the ribs with her saying “you idiot, you stayed up all that time to win 52 dollars?” I was like “WTF?! There’s no decimal, I won it – you donk!” and went back to sleep.

Tags Categories: Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 40 PM

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 30 Jun 2009 @ 1:05 PM 

You’ve all heard of Sklansky Dollars and G-Bucks by Phil Galfond right? I’m sure there’s some +/-EV there for Rail Bucks somehow, I’m no mathematician so there are no formalas or calculations here I’m afraid. Those of you who know me well enough will certainly know that I railed a lot of tournaments in the past but not the high-stake cash games.

I do admit it’s good fun to see how a player’s chips grow vastly or their demise in receiving an outrageous bad beat, it gets more interesting to see how the final table plays out. It has gotten to the point where it’s normal to see my friends winning 4-5 figures whereas a few years ago it would be amazing to see such a feat.

A lot of questions popped into my head when I first started railing – things like:
* Why is he raising so small?
* What can he be 3betting here with?
* Surely that’s a squeeze?

But I also aim to put people on hand-ranges and try to pinpoint their hand with great accuracy based on the betting pattern, sometimes I even bother with the suits. I used to also write notes on how people raise as the blinds went up, I then tried it for myself and realised that I got far deeper in tournaments than I ever did before.

Then there’s stack sizes to consider, it’s funny when someone with 10BB will raise 3-4bb and still pass when they missed the flop. Other fun things to notice are the sweat cards on the Turn and how their opponents outs always seem to follow on the River i.e. runner runner straight/flush/full house.

Nowadays I do it purely out of habit but when I first used to rail it was to get tips on how to play without actually having to ask – as mentioned above. So it has turned from being +EV by learning how players play to just railing them mind-numbly and I’d say it’s now -EV because I could be using that time to be playing or improving on my game instead.

So the next time you rail – think of the Rail Bucks you could potentially gain or lose.

Tags Categories: Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 39 PM

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 23 Jun 2009 @ 1:21 PM 

As you’ve probably guessed, I didn’t quite win 4 figures since my last update, easy tell when I win because I’d usually tell the world! I’m not really one for ‘Getting it Quietly’, nor do I keep it quiet when others win, it’s just how I am.

I was very close though, the last two attempts got me very close to the final table in the 20 cubed. One was a silly shove with A5o in the HJ for 11BB, got looked up by 77 but no love on the board so I’m out of that one. The recent one being a cooler where I had AA v 99 and the flop was K9K, busted out 17th (for $220) where if I won that pot (approx 45BB) I’d have easily made the final table to earn 4 figures with a damn good chance of winning the tournament!

If I put enough volume in I’m sure it would be my bread and butter tournament but it takes up a lot of time! LUFCBas was mega chip leader going into the final table over the weekend but got too sleepy to rail, woke up to find that he busted out 4th – I’m disappointed! Especially when a handful of us have already won this tournament including M555SSM, bubs26 and rivermanl so would have been good to see him on the list too. I am still leading with two victories though and looking for a hatrick soon! :P

In other news, one of my Gutshot friends jono3101 is blessed at the moment. For a laugh he entered a 50 FPP satellite on Friday and won $11 turbo seat. He played it and managed to bash up the whole field of 2160 to win the top prize of $3510, the same night he plays the $100 cubed and finished 3rd for $4949. Amazing stuff but it doesn’t end there – on Sunday he played a $109 rebuy satellite to the WSOP Main Event and won one of the two seats available! That’s over $20,000 from a 50 FPP spin up – why can’t I run this good?!

I intend to play a few live tournaments in the near future, The International Club (Gutshot) have announced their festival coming up and I’m interested in the £500 2-day Main Event on 4th-5th July. With 10,000 chips and an hour clock this should suit me well, there is a BAP on SAS if anyone would like to invest.

They have also announced a PSOP festival in August which is a partnership with Paradise Poker and introducing their first £1000 Main Event with £10K added to the prizepool, apparently they will be using the floor above to allow for 400 runners – awesome!

This lead me to check out DTD’s festival as I’m sure it would clash, it turns out that they have now moved their £250K GTD to December and the £500K GTD is now to be announced for 2010 sometime. I can’t blame them though, would be pretty disastrous to have another big overlay.

That’s it for tournaments but will post a cash update very soon.

Tags Categories: Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 38 PM

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 11 Jun 2009 @ 12:14 PM 

Tournaments are designed to ruin you I swear to god! One minute you’re all chipped up and ready for the final table then the next you go out 9th for a soul-crushing experience. Or it could be that it’s been so long since you’ve gotten deep in a tournament that you’re doubting your ability as a player. Fortunately for me, combined with the nit status that I am – I just min-cash to maintain my sanity!

On a serious note, ‘Tournaments’ have owned me for the past 3 years, I can safely say I won’t be quitting my day job to play these anytime soon as the profit margins are well below what I earn. It’s exciting yet depressing to see my friends all winning 4-5 figures every other day, but for me to win a nice 4 figures it is like winning the lottery. The last time I took down a 4 figure win was at the end of November 08 and the most recent was May 09, that’s half a year ago!

The good thing about playing tournament is the fun yet challenging aspect of trying to beat everyone else, it’s a good job I know what it feels like. It is that buzz of winning, we all remember our first win and it’s usually the same when you win over and over again but does this outweigh all those times when you don’t win? I don’t think it ever will, with the high-variance that tournaments are, I think you’re always going to be disappointed unless you win and not everyone wins enough times. My recent 4 figure win didn’t end in a buzz even though I finished 1st, this was because I did a deal so it wasn’t the same, next time I’ll fight to the finish!

I have learnt a lot over the last year or so and I don’t intend to stop, my game has been in a rut for a while and still making mistakes. I need to stop these leaks otherwise I am just losing money that I should be winning, taking edges to gain chips instead of just giving up in the pot.

I’m sure the best way to win big is to play LAG yet I try that and to me it’s just a form of FPS (fancy play syndrome). I tend to go over the top when trying to do outrageous moves where the pros seem to get away with it or lose the least possible chips doing it. My new approach will be to fix my fundamentals out first and that is to play cash games, hopefully iron out a lot of leaks and then be able to take down tournaments with the confidence of playing deep stacked as you would in cash.

I really hope my game turns around and I consistent start winning like the big boys do, surely it can’t be that hard to win from these donks out there!


Headline news is that PokerStars have recently cut their guarantees down, there’s speculation on the 2+2 forums that it may be because they will introduce the X2 soon but I doubt it. It’s more likely because there have been a lot of overlay across their tournaments due to the recession, WSOP and the $30m+ of frozen poker accounts in the US.

This may be good or bad news, it’s good because you have a better chance of winning a big field tournament but bad because when you get there your reward is smaller than usual. PokerStars are in the business of making money so I don’t blame them, was nice to see overlay whilst it was there.

Thanks for reading, there’s more blog updates to follow so stay tuned…

May that important boomswitch be on for you!

Tags Categories: Poker, Tournaments Posted By: Likey
Last Edit: 07 Nov 2010 @ 09 37 PM

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