Hand#1 Glaze and I were discussing the hand that where he flopped AQQ while holding AA. Glaze has learned his lesson to bet it when you got it. However, as Junell pointed out, you should check and call with this hand, as there is almost no risk of getting drawn out on. You have to wait for another guy to bet your hand for you, which may never happen. So the sad truth is that with this hand, you will very often win small pots.
Hand#2 Junell bet $150 into a $200 pot with nothing. After much thinking I folded (I had a middle pair, Ace kicker). Obviously I was only considering calling as I had put him on a bluff, since the middle pair was weak. My final analysis was that if I called and was wrong, that would be devastating. If I folded and was wrong, it only cost me an "opportunity cost" and I would only increase the chance of him bluffing into me in the future. If he ever did bluff into me again, I certainly never caught him.
Hand#3 I think the board was 34568 and I had 7-9. When it was checked to me, I decided to bet big. Glaze and JG were both in the hand and Glaze's body language told me he was out. My thought process was just like Mike in Rounders in the opening scene: a small bet would look to JG like I was enticing him but a big bet may look like a bluff. I made the big bet and he certainly considered that I was bluffing due to the time it took him to decide. He folded, unfortunately. I don't know what size bet I should have made to get a call.
Hand#4 One thing few people know to do is to call a potsized bet with 2 overcards on the flop. You have 6 outs on 2 streets, or a 24% chance. Getting 2:1 pot odds on a 3:1 bet may seem bad, but the "implied odds" are pretty good. If you hit either card on the turn or river, you have top pair, high kicker. Plus, the other player is very unlikely to put you on that hand and may figure that he is still in the lead. Thus the amount of money you can win on the turn and river easily compensate for lost pot odds on the flop. Buuuuuuutttttt, this all assumes there is still money to bet bet and called on the later streets. If you or your competition are all-in (or nearly all-in) then the implied odds are no better than the pot odds, and calling is the wrong move. I saw someone call in this situation, and I am confident they made the wrong decision.
Last night was great. I don't think I was ever drawn out on when I was ahead on the flop, and it is real easy money when that is the case.
Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...