The largest buy-in I’ve ever paid for a live sbo casino poker tournament is just $65. In fact, the buy-in for that tourney was just $35, but there was a $30 rebuy which I was forced to take advantage of.
In general, I haven’t felt comfortable enough with the tournament structures to put down a more significant amount of money. Often times, the starting stack is too small or the blinds start too high. My style of play does not lend itself to the shoot-out style tournament.
Saturday, I plan on playing in a $200+20 tournament at the Coushatta Casino in Kinder, LA.
Here’s how it will work:
Starting chip stack will be T7000
Blinds start at 25/50 and increase every 20 minutes
The tournament is limited to 100 entrants
Top 10 will be paid, 5th through 10th receiving $550
The winner gets 50% of the remaining prize pool and an entry into the $15000 Tournament of Champions freeroll
This is just the kind of tournament I think I can take advantage of. My style tends to be tight/aggressive. I generally limit my starting hands and then press the pot when I hit a hand. In a shoot-out, I often don’t have the time to wait for good hands and that’s when I start giving chips away. With time on my side, I think my patient play will give me an advantage.
I’ll have a tourney recap Saturday night or Sunday. Wish me luck!
In my line of work there is a very steep learning curve. Its true in any business, of course, but in my case the newbies get their on-the-job training in front of a six figure rail. They learn fast or get acquianted with MONSTER.COM.
In many ways, the old pro will always have the edge. The old sea captain knows every roll of the waves and is unshaken by the gale. A verteran doctor is less shaken by a dangrous turn. My more grizzled collegues have a million secret souces to tap when a big story breaks.
But what about poker? When does a fish cut bait?
There are, of course, a thousand players who have always been winners. They invested a single bill on PARTY POKER and, from that first day, never looked back. I call this group “The liars”. At least, I’m not a liar.
More honest players DID lose money. Some bought in a dozen or more times only to watch the bankroll rise briefly and fall back to nothing. I’ve done that too. Like most of these players my skills have developed and the rolls slowly grew less dramatic as if the storm had passed and the only the ripples remain.
But I wonder, now that I THINK I’m a winning player. Was it worth the investment? And for other players is the 10th buy-in too much? How about the 15th? Or the 25th? At what point must a poker player admit the game is fun, even addictive, but for them a very bad idea?
Keep in mind we’re SUPPOSED to pay for training. I payed thousands for college and slaved away at a few micro-limit jobs before I finally hit a good career pot. I think poker works the same. Some of us are buying and education while we whittle through the required text. We’re fixated on those winning players and determined to find success.
I’M NOT A PROFESSIONAL POKER PLAYER
You’ll find, and this is especially true among bloggers, a real hesitance to admit this learning curve. We are putting our best face to the world and we often crave respect. In poker we keep score by the money we win and to lose money is to be a losing player. To be a losing blogger seems very close to being a loser at life. Nobody likes a loser.
But, still, even if we’re honest, I think there’s a time to quit. At least a time to quit playing for money. Just like my day job, some people need a new hobby. They just won’t make it. Yes, poker is a skill. Yes, we can learn to imporve. But no amount of training or study or practice will make an average player…great.
I’m not planning to quit. I think I’ve payed for my education and I never planned to be great. I just like having fun and scratching out a few more wins. But what about the pools of fish? Will they ever learn? And what about the bloggers..I know you haven’t ALWAYS been good…why did you stick with it?