Posted by Junelli 11:30 AM
Morris and I went out to the Northside Poker club yesterday and played in their Labor Day No-Limit Tournament. It was a $200 buy-in (freeze-out) with exactly 30 players. Each player started with $40,000 in chips. The blinds began at $1,000-$2,000, and increased every 15 minutes.
I was nearly eliminated on the first hand when I was dealt KK, against the Big Blind's Q3. Luckily for me, he slowed his betting down, and I only lost $18,000 to his 2 pair. Somehow I managed to grind my way back up, and made the final table as the chip leader. I had a commanding lead for about an hour, but a few missed hands brought me down equal with everyone else. With 6 people left, we decided to cut a deal because 5 of us had nearly identical chip stacks (~$220,000), and there was one short stack with ~$50,000. We paid the short stack $300, and the remaining 5 of us divided up the pot equally.
The tournament was a lot of fun, but the blinds increased way too fast (they wanted those cash games to start quickly I guess), and it became more about whether or not yuo were dealt a good hand. At the final table, it became a "move-in" game, and we rarely saw a flop (and almost never a showdown). At that point, you either get the cards or you don't.
My best play occurred at the final table when I was dealt AA on the button. The blinds were $10k-$20k. Everyone folded around to me, and I made a very small raise to $40,000 (only double the big blind). The small blind to my left, reraised me making it $140,000 to go (exactly what I wanted him to do). When the big blind folded, I moved all-in. The small blind had ~$100,000 left in his stack (and he had already placed $140,000 into the pot). He laid down AK, and I took the $375,000 pot without seeing a flop.
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...