Posted by Dr Fro 10:29 PM
You know that Junell has a deal with Mrs Junell that she gets 1/2 of his poker winnings (gross, not net). So, when he won $5.00 on Friday, he was afraid to post it on IAG for fear that Dabney would take her half and go buy a latte.
Actually we do have a deal where she sometimes gets a cut of my winnings. It's not a set percentage, and it's not every time. However, she's had some very nice paydays.
Friday was a very very good night for me. My game has been very strong since ending my cold streak back in August.
I played 2 different games on Friday. This is my 3rd time to play 2 games in one night, and it's a good strategy for me for several reasons. First, if I'm losing at game #1, I can leave and limit my losses. If I am winning (as in the case Friday) I can book a profit and then try a new place.
Also, the first game is $6-$6 NL which is a fairly big game. Average buy-in is $500, but there's usually 1 or 2 that buy-in for $1,000. If I play that game for a few hours, it's very easy for me to switch to a slightly smaller game like $2-$5 PL. I find that after playing $6-$6, I am able to run over the 2-5 game, and easily be the most aggressive person at the table. In essence, $6-$6 NL is a great way to warm up for a $2-$5 PL game.
Back to Friday: I played $6-$6 for 4 hours and won $1,265. I then went to Zebra and played $2-$5 PL and won another $1,085. Total profit on the night = $2,350
Mrs. Junell's cut was a day at the new luxury spa, Fiori.
"...if I'm losing at game #1, I can leave and limit my losses. If I am winning ...I can book a profit and then try a new place."
It seems like one of those statements that has a logical flaw in it, but to say the truth, I think it is very true. Anytime you limit your time, it seems to only have a positive effect. Daniel N. says he always has a time limit. I could speculate as to the reasons why this works, but more importantly, I can look at my results andy say that I have consistently done better when "on the clock"
Nearly all poker authors say the same thing - to pick an appointed quitting time and play until then and that, interestingly enough, it's better to quit because you're losing than to quit because you're winning. It makes sense - it's better to limit your losses than to limit your winnings and that's what quitting does in both cases.
I used to kick some dough back to the house (wife) to keep her off my back about playing. I had to convince her that it wasn't luck, or that I was the luckiest bastard that's ever set foot in Louisiana. I don't have to anymore. Now it's "I'm bankrolling it so I can go pro honey, so find some other cash to pay for that extra bag of doggie treats."
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...