Tuesday, October 25, 2011

Take your time but hurry up

I've mentioned before a great saying I picked up from one of my high school math teachers: "Take your time but hurry up". He'd say it to the class before every test. The point was that you couldn't rush, but you also couldn't dawdle. This philosophy applies to many things in life besides math tests. It certainly applies to poker, especially when you've joined a table with some really high rollers (as I did last night). At such a table, the risk-taking of your opponents essentially forces you to take more risk to win a hand than you might normally take; the upside is that when you do win, you're more likely to win big.

The number of hands you play at a risk-taking table should be less than the number you'd play at a conservative table; the reason is that one of the following two outcomes should be quickly reached:

1. you hit the felt
2. you win a monster pot, and call it a night

On my penultimate hand of the night, I won a pot worth $106,000 with two pair, jacks and tens.

During current Hold'em session you were dealt 24 hands and saw flop:
- 2 out of 3 times while in big blind (66%)
- 1 out of 3 times while in small blind (33%)
- 8 out of 18 times in other positions (44%)
- a total of 11 out of 24 (45%)
Pots won at showdown - 2 of 3 (66%)
Pots won without showdown - 2

delta: $66,000
balance: $2,368,142

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