It's been a busy week. I played poker on Friday. On Saturday, I played poker and went to a holiday party. I saw I am Legend on Sunday, then played poker. Monday, I played poker and ate Christmas Eve dinner with family. Tuesday, I ate Christmas day lunch with other side of the family, then ate Christmas day dinner with friends of family, then played poker.
Hands played: Estimated 2,000-4,000
Net Winnings: -$250, estimated within $10, spread across games with buyins from $10, $25, and $50.
Quality of play: Varied, sometimes stellar, sometimes poor. Overall, I played well.
I got a little bit unlucky, and didn't follow some basically rules about risk management when playing poker. This combination magnified my mistake several fold. I decided I'll make a seperate post on bankroll management and why it's so important.
To be fair these hands are good examples of how my sessions where.
Ultimate Bet No-Limit Hold'em, $.10 BB (6 handed)
Hand History converter Courtesy of PokerZion.com
Hero ($11.42)
MP ($9.67)
CO ($9.85)
Button ($6.01)
SB ($12.37)
BB ($5.65)
Preflop: Hero is UTG with Ah, Ad.
Hero raises to $0.35, 2 folds, Button raises to $3.5, 1 fold, BB calls $3.40, Hero raises to $6.65, Button raises to $6.01 (All-In), BB raises to $5.65 (All-In).
Flop: ($18.36) Ts, 2h, 9h (3 players, 2 all-in)
Turn: ($18.36) 6c (3 players, 2 all-in)
River: ($18.36) 3c (3 players, 2 all-in)
Final Pot: $18.36
Button has 9c 9s (three of a kind, nines).
BB has Kd Qd (high card, king).
Hero has Ah Ad (one pair, aces).
Outcome: Button wins $17.71. Hero wins $0.64.
Ultimate Bet No-Limit Hold'em, $.50 BB (5 handed)
Hand History converter Courtesy of PokerZion.com
BB ($44.25)
UTG ($36.20)
Hero ($50)
Button ($34.10)
SB ($51)
Preflop: Hero is MP with As, 8s.
1 fold, Hero raises to $1.75, 2 folds, BB calls $1.25.
Flop: ($3.75) 5d, 8h, 2c (2 players)
BB checks, Hero bets $4, BB raises to $8, Hero calls $4.
Turn: ($19.75) 6c (2 players)
BB bets $19.75, Hero calls $19.75.
River: ($59.25) 5c (2 players)
BB bets $14.75 (All-In), Hero calls $14.75.
Final Pot: $88.75
BB has Kc Ac (flush, ace high).
Hero has As 8s (two pair, eights and fives).
Outcome: BB wins $88.75.
Ultimate Bet No-Limit Hold'em, $.50 BB (9 handed)
Hand History converter Courtesy of PokerZion.com
UTG ($32.75)
UTG+1 ($71.80)
MP1 ($76.35)
Hero ($57.40)
MP3 ($33.70)
CO ($34.15)
Button ($99.15)
SB ($82.60)
BB ($62.80)
Preflop: Hero is MP2 with 6c, 7c.
1 fold, UTG+1 calls $0.50, 1 fold, Hero calls $0.50, MP3 calls $0.50, CO calls $0.50, 2 folds, BB checks.
Flop: ($2.75) 3c, 4d, 8c (5 players)
BB checks, UTG+1 checks, Hero bets $2.75, MP3 folds, CO folds, BB folds, UTG+1 raises to $11, Hero raises to $56.9 (All-In), UTG+1 calls $45.90.
Turn: ($116.55) 8s (2 players, 1 all-in)
River: ($116.55) Tc (2 players, 1 all-in)
Final Pot: $116.55
UTG+1 has 3s 3d (full house, threes full of eights).
Hero has 6c 7c (flush, ten high).
Outcome: UTG+1 wins $116.55.
I may have overplayed my hand here, but I don't really think it's a big mistake. I fold out a lot of better hands (AT, KT, maybe 34, and higher flush draws) and have a lot of outs even if he shows me a set, which he did.
Bankroll management is extremely important. Properly managing your bankroll reduces your risk of ruin, which is your percentage chance of going bust. If I had stuck to proper bankroll management, I would've lost far less money. I'll write a post about proper bankroll mangement later.
I decided I'm going to start a series of posts strictly designed for beginner strategy. I'll keep them archived and slowly increase the level of strategy as time goes on. This will allow anyone to jump in and begin reading. I have played poker for a few years now, and have read a lot of strategy. While I don't play at nosebleed stakes (super high stakes), I do think I am qualified to teach people how to beat the low limit games. Look forward to more material to come out.
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