Jul 13
by Lori D.

Finally, I won a poker tourney.

That seems like such a small thing (and it is in the big scheme of things), but it’s something that I needed to do to know that this all has some meaning.  What I mean to say is I love poker.  I love the mental aspect of the game, the nuance, the possibilities.  I love the fact that guys always think that girls can’t play or that I am going to do this or that because of what they think that girls are capable of doing.  I could go on about this, but I think that I can best sum it up by saying yes; I finally won a poker tourney.

The tourney itself was a small one (about 80 people) with $60 buy-in with an additional add-on of $40 for a total of 4500 chips. The beginning started out like most tourneys for me, fairly slow, no real opportunities to do much and basically just trying to steal blinds when the opportunity arose. For the most part of the tourney I was fairly short handed. After the first hour I had the same amount of chips that I had started with, uggh. So not much excitement in the beginning. 

After the second hour Don and I ended up at the same table.  Now this would normally not be a good situation, however there are some advantages.   It would have been nice to of had a hand against each other, that way one of us doubles up, but no such luck. Both of us needed to make something happen at this point since we were both short stacked and struggling.  After some time Don decided to make a move all in with AQ, but ended up getting busted out when someone looked him up with Kings in the hole.  Not so good for him, but what can you do?  He looked across the table at me and headed of to the BJ tables.

In all honestly I was thinking I would be meeting him at those tables in short order.  Fortunately for me, things started to turn around the minute he left (coincidence? Haha).  I was able to go all-in a few times, survived and kept doubling up. It was great because I actually had a little breathing room for once. Plus this was a bounty tourney meaning for every person you knocked out you received $10 in casino chips. So now having some chips to play with I was able to take out a few small stacks. When the final table started I was doing ok; not great but ok. The payout started at 6th place, so I still had to survive a little longer for the money. Thankfully I was able to win some hands and before you knew it I was the chip leader!  It was a weird feeling in that I can’t ever remember a time before in a tourney when I had so many more chips then the next guy. Once the table got to about 8 players, people started talking about chopping. They wanted to just split the prize money amongst all of us. Seeing how I was the chip leader by a considerable amount I was not really liking this idea too much. Thankfully there were other players that didn’t like that either. Once we got to the money, conversation about chopping came up again. A few people really wanted to chop and not play it out. At one point someone even suggested that they just declare me the winner because I had so many more chips and the remaining prize pool be split among the remaining players. Craziness. Of course I am not going to say no to that, but that didn’t happen so we played it out. Only about 3 of them were willing to chop so basically no deal.  Since everyone needed to agree, we played on.  Finally we get down to heads up between me and this other guy (I was not a big fan as he thought he was the shit and caused so many problems during the tourney). He did ask if I wanted to chop, but at this point I wanted to play it out and just kick his butt. I don’t have very much experience at playing heads up, but I have seen Don do it and we have talked about it at great length. I am sure that it was obvious that neither of us knew what we were doing because it took a lot longer to finish then it should have. Chips were moving back and forth between us and I got lucky a few times where I had laid down my hand and he showed me some monsters.  While heads up he had AA and QQ along with some other killer hands.  As Phil Helmuth said, “I can dodge bullets baby!”

You can't tell, but I am actually pretty pumped.  This is immediately after the final hand.

We finally get to the last hand where he goes all in with Q6 off suit and I call with 87 off suit.  The flop comes out with a bunch of blanks and then a 7 hits on the turn.  That pairs me and the river gives him nothing.  Winner Winner!  I am definitely glad to have finally won one, but I have a few more to win to catch up to the Donald.  I think that I made him proud, actually I know I did. 

Aug 11
by Don

The one thing I know about playing poker in a Vegas card room is that it is not as easy as your home game, but not as hard either.  The key is to choosing the right game for you.

More often than not Lori and I primarily play tournaments while in Vegas.  We do this for a number of reasons:

1.   Protects your bank role- Your cash outlay at any one point is the cost of the tournament.  This is great for money management.

2.   Tournament play extends your play- What I mean by that is by the size of the tournament you can probably play 5-6 hours pretty regularly (assuming you are average to above average player).

3.   Tremendous upside- Your potentially winnings far out pace the actual cost to enter the tournament.  For example, a small $50.00 NL Tournament with 60-70 players can net you $1600 to $1800 if you win it all.  Not to mention simply cashing can be rewarding.

4.   Everyone starts at the same place- Someone can’t just sit down and buy in for 5x the amount in tournament play.  This levels the playing field a bit.

5.   Prevents you from spending even more money- If you are having a bad blackjack run.  A nice tournament can save you money because you are not playing the house, you are playing other people.  There is no house edge in tournament play.

Cash games have some advantages too:

1.   No long term time commitments- You can come and go as you please fitting in a 2 hour session is not a big deal.

2.   Table Selection- You can size up your competition before ever posting a blind.  This could be very profitable if done right.

3.   One or two hands makes the session- Get tricky with a set or flop a flush and you just doubled up in real money, and that’s nice.

4.   Choose your limits- There are all sorts of games running at all times at all levels.  You are not forced to play only at a $5/$10 table if that is not your game.  Again, great money management.

Of course there are differences in how you play a tournament game vs. a cash game (which we will talk about later) but generally speaking tournament play provides a great value for your bankroll over all.  And with just about every casino in Vegas having a card room, there is a tournament starting at all times so finding one is never hard.