Tuesday, May 29, 2012

Charles Town Sessions 14 & Home Game Session 2: How a measly $360 profit after a 12 hour session can still be promising

Charles Town Session 14 (May 26, 2012):

Given a 3 day Memorial Day Weekend, I decided to play a lot of poker, partly to prepare myself for my Vegas trip next month.  I decided to spend a longer session at Charles Town on Saturday, and arrived at 11:00.  Neither the 1-2 nor the 2-5 list was long yet, so I decided to play 1-2 to start, with the hope that I could feast on the holiday weekend fish.

Honestly, I don't remember much of what happened in the first couple of hours.  There weren't many interesting hands, as I was largely card dead, both in terms of hole cards and in terms of flops.  Regardless, I built my stack to around 500 after buying in for 260.  I'd already been leaking chips away for a while given the cold deck, but I'd actively been trying to stay patient.  It was all downhill from then.
-Hand #1-
I'm dealt 74o in the big blind.  Villain sits two seats to my left with about 250 and limps early position.  Someone raises to 7 and about 5 of us see the flop.
Flop comes K74 with a flush draw.  I check, villain leads out with 15 and everyone folds to me.  I call.  Villain has been an extremely loose player, and not the effective kind of loose.  However, with bottom two and large effective stacks, I can't raise OOP.  I'm putting villain on K with a T+ kicker, so I'm watching out for high cards.
Turn comes a non-flush card Q.  This is a pretty significant scare card, and while villain has been loose, he's been pretty passive with marginal hands.  I check, and he bets 35, which concerns me.  Had the turn been a blank, I'd be looking to check raise the turn.  However, I can only call given that KQ is entirely within villain's range.
River is a non-flush card 7.  Now, I have 7's full.  I don't think the 7 is that scary, so I can realistically get a call from a pretty large value bet.  I think villain has around 130 behind (he actually has almost 200, which would have increased my bet in hindsight but it doesn't actually affect the results of the hand), so I bet 85.  Villain makes some long elaborate speech about how he thinks I must have 74 (which from hindsight I can imagine might cause someone to jump him in a home game, because he has 74 beat, and is slow rolling me since I'm calling regardless), and then shoves.  Thinking he has around 50 behind even though he has significantly more, I call and he shows Q7o.  WTF?  Q7?  He played this hand so horribly and ended up lucking out with the perfect sequence of board cards.  In hindsight, while a 100+ raise would make me think a little longer about calling, I'd probably be forced to call anyways.  Given the way he played the hand, he would have done the exact same thing with any other hand (especially any other non-boat 7).  I'm frustrated with the outcome of the hand (he happened to have the case 7 and hit a runner runner against me), but not necessarily with the way I played.  After that cooler, I'm actively trying to stay patient, which is obviously a good sign.

About 5 hands later comes the next cooler.
-Hand #2-
I'm dealt AA in late position.  I make it 16 after a couple of limps.  Only the small blind calls, with about 200-250.
Flop comes K33.  Villain leads out for 25, and he's one of the easiest players to read I've played with, and I'm 100% sure he has a K (the kicker doesn't matter whatsoever, given that the paired board makes it so that I don't have to worry about him hitting his kicker).  I call, fully expecting him to continue betting.
Turn is a T.  As expected, villain bets 45.  I call again.
River is a fucking K.  Villain bets 75, and I fold face-up, visibly frustrated.  Villain shows the K sheepishly.

Normally, one of these hands doesn't rattle me, but collectively (and along with the overall lack of cards and flops), I start going on tilt a little.  The plus side is that I notice this, and only donate about 50-100 more than I otherwise would have (while I did lose more chips, a lot of that was unavoidable).  As I continue to be card dead, I start loosening up (and still don't hit anything), and after losing another 100 or so, I decide to sign up for 2-5 with the hope that the discomfort with the game can tighten up my game.  Unfortunately, the list is much longer than hoped, and I end up playing an extra 30 minutes or so at the 1-2 (even going as far as to sit out a number of hands to keep myself from leaking away even more chips).

Anyways, I finally sit down at my 2-5 table and notice one thing: everyone is big stacked (there was maybe one player with below 400) and a number of players are enormous stacked (1000+).  Given that everyone is so big stacked (as opposed to just one or two players), that suggests that most of the players are 2-5 regs, as opposed to some of the weaker players I'd played with in my previous 2-5 sessions.  My plan coming in given the field is to play extremely nitty poker.

I buy-in for 300, partly to limit my swings and partly because being the only short stack at a table of big stacks lets me take advantage of small stack poker (since everyone is both big stacked and LAG, I can wait for premium hands and reraise preflop).  I fold about 2 full rounds preflop before I even see my first flop.  I build an extreme rep at the table for being really tight, and I use that to my advantage.  I win a couple of pots preflop just by 3-betting (albeit with actually good hands, like QQ) and from showing down a hand with a turned straight on a board of 4578, but without betting/raising once during the hand (part of it was because I didn't want to get reraised on the river, and part of it was that I wanted to reraise the river).  Instead, the river gets checked around, and I'm sure how I played this hand influenced a couple of hands later on.  I eventually build my stack to around 500 before the first interesting hand at 2-5.
-Hand #3-
I'm dealt AA in the big blind.  Villain is UTG and raises to 35.  There's only one call to me and I repop to 105.  Only villain calls.
Flop is T94 rainbow.  I c-bet 125, villain folds his JJ faceup and I show my AA.  (I've realized that I want to reaffirm my image as an extremely tight player, as having an extreme image one way or another makes it easy to take advantage of one's image).

After about 10-20 minutes, I'm again dealt a big hand in a blind.
-Hand #4-
I have AKo in the small blind.  Cutoff raises to 25, I repop to 75, and he calls.
Flop comes Jxx rainbow.  I c-bet 105, and villain calls.
Turn is a blank.  I decide to shut down given that villain both called my preflop raise and my flop c-bet, which suggests to me that he has AJ (slightly unlikely), 99, TT, JJ, QQ, KK, or AA.  99/TT is the only hand I can realistically expect to fold to a second barrel, AJ/QQ might fold, and KK/AA/JJ don't.  I don't think KK/AA is as unlikely as it might seem, since I can definitely vouch for trapping with KK/AA in position preflop.  Anyways, villain bets, and I fold.  I ask him after the hand if he had QQ and he says he did not have QQ.

About 30 minutes later, I play another big hand OOP.
-Hand #5-
I have AJ in middle position, and open for 25.  Villain is the same guy from the previous hand and he sits to my left.  He and another play call.
Flop comes KQT rainbow.  Given my tight image, people can fully expect me to have hit this flop (and if not, i.e. if I have 88, I still should be expected to c-bet).  As a result, I c-bet 35, and only villain calls.
Turn is a blank club (which puts two clubs on the board).  I fire away again with a 50 bet, "repping" AK/KQ/KJ/etc, and again villain calls.
River is a non-club J, which sucks because it's either a huge action killer or I'm chopping.  I continue with a bet of 75 (trying to make it seem like I'm blocker-betting), and villain raises to 225.  Sure that we're chopping (and consequently, pissed off), I call.  Villain shows 69 of clubs for the lower straight.  A guy to my right asks me why I just called and I said that I was sure villain had an Ace, and that if he didn't, he wouldn't be calling anyways.  Granted, it would have been a downside-less raise, and villain had been extremely loose (sometimes bordering on maniacal), so there was maybe a 5% chance he didn't even realize an Ace would be a higher straight and I could have won an additional couple hundred.  This was definitely a byproduct of my previous hands, both the boat over boat and the AA that got rivered by a two outer.

-Hand #6-
I have ATs in middle position and open for 25.  I get 2 calls, including villain on the button and one of the blinds.
Flop comes AJx with a flush draw.  Villain is enormous stacked (probably almost 2000), and at this point, I have around 800 so we're very deep.  Villain is also extremely aggressive, somewhat loose but very effective.  As a result, I decide to play this hand passively, especially given my image.  I check, villain bets 35, the blind folds, and I call.
Turn is a blank.  I check, villain bets 55, I call.
River is a J that misses the flush draw.  I check again, and villain thinks a really long time, before shaking his head and checking back.  He shows A8, and my T kicker plays.  I'm sure part of the reason he didn't bet the river is because he thought I wasn't that great of a player (which isn't unfounded, because I bought in short stacked and played like a tight beginner); the other part was that I'd checked the early hand with my straight, planning to reraise the river, and he suspected I may have a J (or better).  Given that he thinks his hand has showdown value, I could easily repop a river bet, and he just overall has no idea what I have, he checks behind.  I also may have had to fold a river bet, because my T kicker is pretty bad, so I was definitely happy to see it checked back.

The past hand also demonstrated how well I was running.  I was primarily playing only pocket pairs and AK/AQ/AJs/ATs/suited connectors, and outside of the AK hand that I folded on the turn, I literally hit an A every time I had one.  This includes a couple of times I was dealt A-rag on a blind and still hit an A and won.  Anyways, the last interesting hand of the night:
-Hand #7
I have 55 in late position.  Villain is the same guy from the previous hand (one of two players at the table I would consider demonstratively better at 2-5 than me; the other would be the guy I lost AK to).  He raises UTG to 30.  About 4 of us see the flop.
Flop comes 752 with two hearts.  Villain c-bets 45, and only I call.
Turn is a blank.  Villain bets 75, and I call.
River is a heart.  Villain beats 85, at which point I feel very good about my set even though the flush hit, as I expect super LAG players to be betting big on this river if they hit the flush.  Still, with a stack of almost 1000 behind, I can't afford to raise and get reraised so I call.  Villain says you're good (assuming I have a flush) and I flip over my set.  I have a feeling he had either A7, two pair, or an overpair, and was blocker betting the river, so I'm pretty sure he wouldn't have called a raise anyways.

Anyways, I leave soon afterwards at 12:30, as I was starting to get tired, and I didn't want to play too long with a huge stack, given that the way I was playing was more conducive to short stack play.  I ended up 821 at 2-5, down 465 at 1-2, and overall up only 356 over 12 hours.  However, my 1-2 losses were primarily a result of shitty luck, and while I didn't necessarily optimize my 2-5 winnings, I did find somewhat of a comfort zone against deep-stacked, LAG 2-5 regs by playing tight poker.  I definitely feel like my "ideal" stakes right now are somewhere between 2-5 and 1-2, but that I'm definitely comfortable enough to hang at the adults table now.  (I am somewhat apprehensive about how I'll do once my 2-5 luck runs out though).

Home Game Session 2 (May 27, 2012):
Not much really to say here.  After claiming last time that I feared rake might be higher, I then realized that the host simply has more money to give back since at the casinos, both the house and the dealers take a portion, which means even with 10% rake up to 6 dollars (which is what Charles Town charges), that can add up to 100+ in rake/hour (20-30 hands/hour * $50/hand * 10% rake).  Given that the nights usually go at least 10 hours long (which is long after I leave), they can rake in over $1000, which means they can give back around 300 per night.  This is especially true, since the flips/freerolls they have entice people to come, and their main goal is to simply get a game going.

Anyways, they held a super turbo freeroll at the start of the night, and I maintain that super turbo tournies are extremely exploitable against bad players.  By about the 20th hand, everyone is already short-stacked, but people don't understand short-stack play.  That of course means too much calling preflop with the hopes of post-flop play, too little calling based on pot odds (when you're big blind with 5BB in chips, you should be calling all shoves), and way too little shipping as a result (given how often players fold to ships, you should be even further enticed to ship more often).  Anyways, long story short: won a flip with 88 against 2 overs, won a 60-40 against 2 unders, lost a 60-40 in the same situation, and then chopped $150 each when the other 2 players at 3-handed went all-in against each other and one player ended up with pretty much the same stack as me.

Then, I played 1-2 for about 2-3 more hours, and ended up another 115.  All in all, a +$265 night.




Overall, this was a moderately successful weekend in terms of results, but an even more positive one given the fact that I feel that I've become more comfortable playing 2-5.  I definitely plan on playing more of that in the upcoming weeks (and in Vegas).


-Summary-
Time at 1-2 cash tables: 11.5 hours
1-2 Cash: -$200
Time at 2-5 cash tables: 4 hours
2-5 Cash: +$821
Poker total: +$620
Gas and food: -$30
Net:+$590


-On record career to date-
Time at 1-2 cash tables: 101 hours
1-2 Cash: +$3005
Time at 2-5 cash tables: 17.5 hours
2-5 Cash: +$1530
Total time at cash tables: 118.5 hours
Cash games: +$4535
Time at tournies: 12 hours
Tournies: -$570
Poker total: +$3965
Net: +$3350

Brags: The fact that I routinely leak away chips at 1-2 due to boredom isn't necessarily a good or bad sign.  I can probably only limit my impatience to a certain level, after which I'll always need to account for some leakage.  The fact that it's happening so often in 1-2 suggests that my comfort with those stakes has increased dramatically, and I can start moving on to playing 2-5 more routinely.
Beats: My emotions still are affecting my play, i.e. the donating of probably 100 more than necessary after the AA hand at 1-2, and the failure to raise on the river in a weekly dominant scenario because a J "killed" my action (in reality, that was the only card I was going to win money on...).
Variance: Even while I'm going through some bad luck at the 1-2 tables, I have run insanely hot at 2-5.  I would venture a guess that the 18 hours of 2-5 I've played has to be at least in the 95th percentile in terms of how good someone can run in any 18 hour session.

Monday, May 21, 2012

Charles Town Sessions 11-13 & Home Game Session 1: A Much Needed Confidence Boost

I was on a Dwyane Wade streak.  I'd but up stinkers in three straight games, and people were starting to doubt me, and more importantly, I was starting to doubt myself.  I had a negative $800 swing on one session, and then lost another $340 in a home game, and then finally had only a positive $60 day after 8 hours during my most recent session.  Not only was my profit rate dropping, my profit was dropping.  It's a good thing then that I made most of the losses back then yesterday.  Anyways, on to the sessions.

Charles Town Session 11 (Apr 15, 2012):
Played 1-2 for 5 hours and ended up down $450.  At one point, I was up around $300-400, but through a combination of loose play and missed draws, there was an $800 swing afterwards (i.e. calling an all-in with 77 on a 986 board with enough odds only if you assume villain can only have a set or worse, which he did but that wasn't a given).

Home Game Session 1 (Apr 27, 2012):
There's a guy who hosts all these games (he doesn't play), and he takes rake, like a casino.  The rake might also be high (I don't know) because he still has money left over to 1) provide food, 2) deal flips worth up to hundreds per night (everyone is dealt a hand face-up and the winner wins the pot), and 3) have a $700+ freeroll every few weeks.  Given that I don't participate in the freeroll, the rake could be hurting me.

Anyways, more loose play.  Didn't really play poorly/make identifiable mistakes as I did in the previous Charles Town session, but definitely didn't play optimally.  I hovered around even to up $100, but lost a big hand.  I had AQ and raised preflop.  Flop was QTx with 2 clubs.  One guy leads out, another guy raises to 45, and I reraise for 100 more.  Another guy cold shoves (for about 50 more), the original better folds, and the first raiser calls.  Turn is a club and I'm obviously dead.  In hindsight, I wasn't in a poor spot (both callers had flush draws), but I basically ended up in the best possible scenario (which was having to dodge buttloads of outs) and I could have easily been up against a set.  The first raiser ends up showing K9 of clubs for the second nut flush, and with the gutshot as well, he was clearly going nowhere.

Charles Town Session 12 (May 12, 2012):
Given that it was a Saturday, the 1-2 lines were ridiculously long, so I took my 2-5 seat instead.  There weren't really any interesting hands (that I remember), although I did finally start winning with KK (it helps when the flop gives you another K).  The table also seemed a lot more 1-2ish than normal (meaning, more loose and more passive).  Either that or I've adjusted to 2-5 and am now able to play there.


Anyways, I ended up around 150 after 4.5 hours, and took a dinner break.  With the losing streak I was on, I didn't want to end the night down 400 so I signed on to 1-2 afterwards.  After more missing and what was probably still loose play from me, I ended the night only up 60.


Charles Town Session 13 (May 20, 2012):
Given my poor performance the past few sessions, I made a committed effort to tighten up my game (which has a tendency to loosen as I win).  Long story short, it was successful (it also never hurts to actually hit), and if not for two hands against a very fishy old lady that I played perfectly but unfortunately just lost, I'd have been up over 1100.  I arrived at 1:00, and after about 30 minutes, they opened a new table and called my name.

I sit down with 210, and quickly win a few pots just from raising preflop and c-betting.  I build my stack to around 250+ before the first notable hand of the night.
-Hand #1-
Villain sits to my right with a stack of around 200-250 and is UTG.  He raises preflop to 8 (there have been a lot less action in my recent Charles Town sessions, including sub-$10 preflop raises).  I call with 57, and a total of 5 players see the flop.
Flop comes 754 with two diamonds.  Villain c-bets 50 into a pot of below 40.  I've noticed recently that a popular move for shitty loose players is the small preflop raise with a pocket pair, and then the big flop bet on a flop of all undercards.  Besides, no player, good or bad, leads out with a bet larger than the pot with the nuts/close to it (so in this case, a straight/set).  Clearly, he has the overpair.  With the flush and straight draw on the board and 3 players behind me, each of whom has between 100 and 200, I decide to just shove (since I figure most shitty players don't play 68/63 so I really only am afraid of 44).  Predictably, villain calls, shows 99, and claims that he has to dodge the flush draw.  Both turn and river miss and I'm quickly at around 450.

Over the next hour or so, I collect a few more pots just from c-betting/value-betting made hands on the river.  That puts me at around 500 before the following hand.
-Hand #2-
This is the first of two hands against the fishy old lady that I lost.  She has about 300 before the hand.  I'm dealt AQ in middle position.  I raise preflop to 16, and two players call (including the old lady).
Flop comes Q75 with two clubs and a heart.  I c-bet 25, and only the old lady calls.
Turn comes a 4 of hearts.  I'd already realized by then that the old lady loves her draws (although not to the extent that I realized later), so I decided to "punish" her on the turn with the blank.  I bet 55 and she calls.
River is a non-heart, non-club 9.  I value bet 55 (while I was very confident I was good, the 55 also served as a blocker bet, since had I checked OOP, I'd have to call a river bet anyways).  She calls and flips over 94 of clubs.  That was totally unexpected, but she also didn't really play this particular hand incorrectly (while she did on the next hand against me and numerous other hands throughout the night), outside of the loose preflop range since flush draws have much lower implied odds than straight draws in 1-2, but I'm definitely not in the position to criticize someone's range.  The flop call of the c-bet in position with the flush draw is standard, and even though my turn bet was large, she also picked up 2-pair and trips outs.  She also can't really raise the river given our chip stacks (anything other than a min-raise would pretty much leave her pot-committed to a shove by me).

That pot leave me completely rattled, but I continue to string together a number of small pots.
-Hand #3-
The first villain in the hand is a young talkative guy who seemed to be a good player.  He'd actually thought a while about calling an all-in raise on the turn with KK (including the K of clubs) on a board of Kxxx with 3 clubs.  He ended up spiking a fourth club on the river and scooping the pot.  However, after this hand (and with a large stack), he'd started loosening up dramatically, and he then lost a hand when a guy called both the flop and turn to spike the flush on the river.  Afterwards, he even said he was on tilt and started playing horribly.  This contributes to the following hand (although it doesn't really affect my decision making whatsoever).  Anyways, he has about 300 before the hand.  The second villain is a relative short stack (around 100 before the hand).
I wake up with K5 of spades in the small blind.  Villain #1 raises to 8 and about 5 of us see the flop.
Flop comes Axx with 3 spades.  I check blind.  Villain #1 bets 15.  Villain #2 calls.  In 1-2, I strongly advocate not slow playing strong hands.  At these lower levels, it's not as imperative to disguise one's hand (mainly because people are just dumb), so playing strong hands fast increases the sizes of the pots you win.  As a result, I repop to 45 and both players call.  At this point, I figure I'm against a flush (from Villain #1) and a set/2 pair (from Villain #2).
Turn is a blank.  I bet 75, which is slightly less than 1/3 of Villain #1's remaining stack and puts Villain #2 all-in.  Both players call.
River is a blank.  I decide to value-bet relatively small (to entice smaller flushes to call), and put out 85.  Villain #1 asks for my chip count (which is more than his stack) and shoves the remaining 100 or so of his stack in.  I insta-call and show my nut flush.  After Villain #1 leaves to go to the ATM, Villain #2 claims that Villain #1 had just an ace.  Somehow.  That makes no sense, but I'm not complaining.

About an hour later comes the final interesting hand of the night.
-Hand #4-
Old Fishy lady at this point has a stack of around 400-500 after hitting a number of draws and getting paid off.  I'm dealt TT in middle position and raise to 14.  There are two calls (including the fishy old lady) and a short stack shoves for 7 more.  I unfortunately can't reraise and 4 of us see the flop with the short stack all-in.
Flop comes T86 rainbow.  I bet 25 into the sidepot (with the main pot at around 80).  Old fishy lady calls.
Turn is a 9 that puts a flush draw out there.  I now bet 45 (which should give me a much clearer picture of what I'm up against).  Fishy lady raises to 100.  At this point, I'm totally befuddled, because nothing reasonable has me beat.  Anyways, given that I have 10 outs even in the worst case scenario (and with huge implied stacks), I call.
River is a blank.  I check, fishy lady bets another 100, and I fold face up.  She shows 72! for the straight.  Now, not only did she play 72 (she played way too many hands preflop all night), she called the flop with a gutshot (and without any reason to expect to be paid off if the gut shot hits, because there would be four to a straight on the board).  Furthermore, she raised way too small on the turn.  Given that a raise of any size basically reveals her hand, she needs to raise larger to make sure I don't have odds to chase a boat.  I ask her after the hand whether I'd have been able to win her entire stack had the board paired and she says she doesn't know what she'll do until it actually happens.  I think I would have, and I'd have been up 1400 at the end of the night had it happened.

-Summary-
Time at 1-2 cash tables: 18.5 hours
1-2 Cash: -$140
Time at 2-5 cash tables: ~4.5 hours
2-5 Cash: +$150
Poker total: +$10
Gas and food: -$60
Net:-$50


-On record career to date-
Time at 1-2 cash tables: 89.5 hours
1-2 Cash: +$3205
Time at 2-5 cash tables: 13.5 hours
2-5 Cash: +$710
Total time at cash tables: 103 hours
Cash games: +$3915
Time at tournies: 12 hours
Tournies: -$570
Poker total: +$3345
Net: +$2760

Brags: I've still got it.
Beats: In addition to tightening up in general, I need to stop calling all-ins with draws and questionable odds.
Variance: It's amazing what a positive $740 session can do for one's confidence.