July 2008 Poker

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I won’t be playing tonight, so I can safely report this month’s results now.

Given the past few months, this one was financially successful. That said, it was extremely unsatisfying financially, while simultaneously being extremely satisfying from a having a good time perspective. I guess you can’t have it all. πŸ˜‰

So, the bottom line first, then a few details that I want to report just to get them off my chest (and make the above paragraph a little less opaque).

I finished the month with a profit of $359.02. Not too shabby.

Still, it was a financially frustrating month. If you read this space regularly, you know that I play a lot less than I used to (as in a ton less). That means I have much less time to play in cheaper qualifiers, so I pay a lot more to enter the bigger tournaments. That means one or two bad breaks a month and it becomes very hard to show a profit.

This month, I lost in all four attempts at the big Sunday tourney. That was an $860 hole that I dug for myself! In addition, they now have a nice Omaha Hi/Lo on Saturday afternoon (perfect time for me!) that costs $162 to enter. I entered that one twice as well, so that’s nearly $1,200 just to enter these six tournaments.

In the big Sunday one, I just missed this week. I came 109th out of 944. They paid the top 100. I likely could have drifted into the money, and gotten back $300 for my $215. Psychologically, I needed to do that (or rather, could have benefited from a cash), but I knew that playing my JJ was the right thing to do. Amazingly, after a very big stack called my all-in, another guy went all-in (bigger stack than me, but less than the stack that called me!) and he only had AK. He risked his entire tournament on a draw with one person all-in, and a bigger stack calling it.

The guy who called me had 66, so I was ahead of him, and the AK got lucky and hit, so I was out. A week ago, I came 164th out of 901, so I’m getting close, but just not getting there all the way…

That said, in the new Saturday Omaha Hi/Lo, I had very good success this past Saturday. I came in 4th out of 72 players. That was good enough for a $1,500 payday (bring the month back into the black). That was my single largest cash in online poker. That’s why I say it was a frustrating month, as I needed that large of a cash just to put me somewhat ahead for the month.

My other minor frustrations were in some qualifiers. I missed winning seats to the Omaha Hi/Lo and the Sunday tourney by one spot at least three times this month. In one, I was the overwhelming chip leader and when it came down to two people, the other person hit every flop five hands in a row, and there was nothing I could do but come second. The free seat only came to first place… On the flip side, after paying the full freight, that’s the one I made my big cash in, so I can’t complain too loudly…

Anyway, on to another month. πŸ™‚