Monday, December 20, 2010

Poker Tournaments

First post in 2 months! That's what happens when university life gets a firm grip on you.

Anyway, so much has happened in the last while, I'll never be able to do justice to all of it. But hopefully I can highlight a few....highlights.

Yesterday, I had some fun playing in Full Tilt Pokers Mini Full Tilt Online Poker Series XVIII's Main Event. It was a $75 buy-in, with $1 Million in guaranteed prize money. By far, the biggest tournament I have ever played. There were over 16,000 entrants! It took 5 hours of play just to get to the money spots. I was able to make it that far, but unfortunately my tournament didn't last much longer than that. To quote my Facebook update of the end of my tournament:
Sigh.... well that's that. I raised with AQ, the Big Blind thought for a long time, then shoved all-in. I thought there was a decent chance he was just stealing my raise, so I called. He had the one hand I did not want to see: AK. I was left with less than one big blind, had to put it all-in next hand. No dice. Finished 1761 out of 16,910, won $118. Thanks for the good wishes, everyone. Maybe next time!
$118. Not bad considering I bought in for free by winning a satellite tourney!

I was actually presently surprised how many people (including some from my church) were watching my updates and cheering me on. A very good feeling.

Things got bad, though, when I promptly lost $30 of that money playing other games - mostly cash games. I've been trying to beat cash games for a while, and I can never seem to do it consistently.

I finally realized - why don't I just stick to tournaments. They're more fun (for me), more competitive, there's potential for a huge payday, and I can only lose a set amount. They do take a long time (depending on the size  of the field), but they are a great way to spend an otherwise dull weekend in a university dorm.

So, I'm officially swearing off cash games for now. I'm a net loser in cash games, but I'm a huge winner lifetime in tournaments. I wonder if I do poorly at cash games because I don't enjoy them, or the other way around. Probably both.

Anyway, hopefully I'll get a chance to play another large tournament like the MiniFTOPS Main Event soon!