Tuesday, November 15, 2011

Taking the stairs to the elevator

Last night, I took the stairs to the elevator. That is, after an initial early lift, I descended flight after flight of stairs until I finally found a floor with an elevator. I took the elevator straight up, ending one floor higher than where I started. I stepped off, and quit for the night.

It's that time again. Yes, friends and neighbors, I'm about to tell you the secret of poker. Of course, it will have morphed from the last time I told you, but you should be used to that by now. Drumroll, please...

The secret of poker is to take the stairs when you're going down and the elevator when you're going up.

"What the frack does neo mean by that?", I hear you asking, somewhat peevishly. It's quite simple. Limit your losses, and maximize your gains. Another way to phrase it: fold when you're going to lose, and raise when you're going to win. The rub, of course, is in knowing whether you're going to win or lose; the best teacher for that is experience. I know I'm very lucky that play money poker sites like PokerStars exist; they make it possible to get as much experience as you want with no financial outlay.

During current Hold'em session you were dealt 58 hands and saw flop:
- 6 out of 10 times while in big blind (60%)
- 3 out of 7 times while in small blind (42%)
- 27 out of 41 times in other positions (65%)
- a total of 36 out of 58 (62%)
Pots won at showdown - 5 of 5 (100%)
Pots won without showdown - 2

delta: $20,540
balance: $2,562,482

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