August 2008 Poker

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Well, another month with a fair amount of poker frustration. That said, it was also a very good month on some other levels, including eeking out a small profit.

Without further ado, let’s get the economics out of the way: +$140.46.

Hardly earthshaking. In fact, as reported numerous times now, since I don’t play as much, and I tend to pay full freight in the bigger tourneys, my volatility is high. It takes big wins to cover the losing entry fees. This past month saw two nice wins on consecutive Saturdays, in the weekly big Omaha Hi/Lo tourney.

Last Saturday (the 23rd) I placed 6th, and received $1,050.00 for my $162 entry fee. Then yesterday, I played in the same tourney (the only one I played in yesterday) and finished 4th, receiving $1,500.00 for my $162. So, you’d think that I would be up a ton this month with those two scores, but, you already know that this wasn’t the case…

Tonight, in my last tourney of the month, I paid full freight for the weekly big Hold’Em tourney ($215). Because of the holiday weekend, there were only 758 entrants, so the top 80 got paid. Normally, the top 100 get paid. I was low on chips, but possibly had enough to slip into the money (not all that likely). So, I shoved UTG with 77. Only the big blind called. He had AKo. An A came on the flop, and I was out in 92nd, missing the money by 12 spots…

Oh well, clearly, the two big finishes in Omaha were extremely satisfying. Finishing close in the bigger weekly Hold’Em tourneys (I came reasonably close another time this month aside from tonight) is both frustrating and enjoyable, at the same time.

At least the account can handle another month of playing. 🙂