Slow and Steady Wins the Race?

Well, I'm back for another quick update, even though I don't have a whole lot to report.

I'll start w/MTTs. Played 3 since my last post and didn't cash. I made a run *to* the bubble in one, but instead of limping through the bubble like I very well could have done yet again, I was playing this one to win, and fizzled about 75 spots short of the money. This tourney was a blast, where I was mixing it up and keeping my stack above the average stack and playing table captain and all of that, right up until I got my money in 70/30 and got crushed. Then I ended up jamming my short stack A8o into an already raised AQ and that was that. This tourney seriously tilted me because I was playing the exact kind of poker I wanted to be playing and I envision solid online MTT players to be playing, and just like that it was all out the window. In the second tourney I played I was out before the end of the first hour. Had a really active table and was trying to get mixed in and make the best of it before I got moved, and ended up getting in with a draw and not getting there. Had it gone the other way, who knows what happens, but again, I am trying to play the kind of MTT style that will get me deep, and word on the street is that sometimes that involves getting your money in in somewhat uncomfortable spots and leaving the rest up to the cards. I think any good MTT player would tell you that. And admittedly, the last tourney I played was a tilty $3.30 RB that I played after I busted the 2nd tourney. See, it was the first 2008 WSOP broadcast, and I envisioned going deep in an MTT that night, so after I busted the first before the broadcast even started, I had to find another to play in. Honestly, I wasn't in too bad of shape after the rebuy/addon period, but then I had my JJ (preflop raised, naturally) busted by 54 SOOOOOOOOOOOOOOOOOOOOTED when he flopped 2 pair and obviously called my flop jam. Fantestical. So I will mount up again this week and give it another go.

I did discover I don't hate rebuys *quite* as much as I thought I did, because a $3.30 rebuy not only has a higher guarantee than an $11 $20k Guarantee, but after the rebuy/addon period, there is a LOT of play. I had 4000 in chips after my addon, and sure, the average was like 8600, but I still had 26 big blinds as a "short stack". Hell, you could go broke in the last hand of the hour and for another $9, rebuy for 30 big blinds. The tourney doesn't even really start until the 2nd hour (yes...I'm aware that that is a "duh" statement). Whereas in a regular 3k starting stack tourney your average is gonna be at about 4600 at the first break, and a 4k stack means that you made relatively significant progress during the first hour. I just still don't love rebuys, though, in that they're 1500 starting stacks (sort of), the playing field doesn't start level (What's the deal w/the double rebuy? I'd be much more ok w/the concept if there was no double rebuy.), and the first hour is a freaking mine field. I know its not the right way to approach a rebuy, but personally I buyin for the minimum, play my normal game (albeit 25-30% looser) and see what happens. I know others go into a rebuy guns a'blazin' and will get their money in the middle of huge pots as often as possible and double rebuy at will if things don't go their way. I look to fly under the radar and pick those guys off. Its just my style. But, when all is said and done, I see myself giving that $3.30 rebuy at 7 Central a few more shots. For less than the $11 buyin of the $20k guarantee at 6, I can buyin, rebuy once if needed, and get an add-on, have a $30k guarantee, and if I make it through the hour in good shape, have a lot of play.

SNGs were basically break even, although adventureous. Also on Tuesday night after I'd busted both MTTs I sat down in a $5.50 18 player SNG and busted a few minutes in when my turned nut boat lost to flopped quads. We both slow played each other to the river when he put out a feeler bet, I jammed (overbet for value?), and that was that. There was a couple of other SNGs I played on Tuesday night where I started strong and then didn't play as well as I'd have liked to late. One 9 player where I had a decent chiplead and was pushing the table around, but then didn't back off when people started pushing back and my cards were no longer there (bubbled in 4th), and one 18 player where I came into the FT in 2nd with almost 3x the average stack, and managed to go out in 6th. Again, I had a big stack and was catching cards and splashing pots, and then the well dried up but I failed to tighten up in time. So I'm not terribly proud of this week's SNG results, but I'm livin'.

And as for online cash...drumroll please...I broke about even. I played for about 4 hours on 5 tables of .05/.10 NL, and I believe my balance lay within the same dollar it started at when I finished. This was another case of poor discipline, as I was running well early and up about $20-25, but then as the cards dried up instead of quitting or tightening up, I actually started to play more hands, and before I know it I was chasing a loss. So I was happy to end up even, and with my rakeback hitting my account today, up $3 or so. :-)

So I think we see where I have an obvious leak. It lies in a combination of boredom and denial. When my cards dry up, I don't want to quit playing a lot of pots and catching a lot of cards, and I don't want to believe that my run is over and its time to tighten up and play it safe (SNG/MTT) or quit (cash). I realize I have this flaw, and I think this week's events will really hammer it home for me. I want to be a profitable player, but I never will if I continue to perpetuate this behavior. See, the problem is that I only get to play so often, so when I play, I want to PLAY. I want to play a lot of hands, and I want to play until my time to play is over. Because who knows when I'll get to play again. So I don't like the idea of my cards going dry in a tourney and not getting to splash around in pots at will, and I don't like the idea of being up 250 BBs in a cash game and seeing the tide turn but with 2 hours more to play. That means the fun is over. And when the fun is over is when you become a profitable player (great post, and SO TRUE!). So I need to get out of that frame of mind and get into the *winning* frame of mind. I have the instinct to know when the jig is up and its really a simple adjustment...I just need to make it.

So, folks, for me, the fun is over. Its time to play profitable poker.

And it starts tonight. Heading out to the local casino with the brother-in-law tonight to get a 1/2 NL practice/hopefully bankroll building session in as we count down the days to Vegas. I'm not concerned about playing profitable poker live, though. Live poker really gets the blood flowing for me and I'd like to think I'm exponentially better live than online. If only I had the time to grind it out more often.

Anyway, that's the latest from this neck of the tubes. Poker tonight, probably a little tomorrow, and then of course on Tuesday, and otherwise who knows when. But I'm gonna try my best to make every hand count, and form my session based on results and not a schedule.