Posted by Dr Fro 9:52 AM
Big money- I won $14. That covers the pizza and beer, barely. You know, everybody knows how they SHOULD play 7-2-7, but nobody actually does it. If you aren't dealt a 7 pat, then you should really just fold. But, man those big pots are tempting and we all waste a lot of money chasing after them. I sure do.

There is one dynamic of the home game that is important to understand. If you read my earlier post, you will see that you should very much care not only if you win but how much you win. But we aren't always rational, so we love to bag a winner. I know that when I am up and it is late, I tighten up to avoid being a loser.

The flip side is that the big loser at the table starts taking huge risks just to get even, even when he has the worst of it.

Put those two tendencies together and the rich get richer and the poor get poorer. Tell me who is up the most and down the most halfway through the game and I'll tell you who the big winner/loser will be at the end of the game.

Thus, it is very very important to not push small edges on expensive games early in the night. Climb up slowly. Then, when the losers get desparate, you take advantage.

That's my $14 advice, anyway...

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