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Ragnar4
Old 04-21-2006, 10:23 PM     Post subject: Last night #1 (permalink)  
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So last night I go to the poker room, and tell myself; if I'm up 100, I need to walk away.

I sit down, and decide that I want to open with my first hand from late position. 4c8c. I buy the button, and bet/raise all the way down to the river where everyone folds. I show, and hear 2 of the 3 people I'm playing against groan because they both had my pair of 8's beat. 4 hands later, I lead with JJ, get re-raised, and we go heads up. I catch 3 to the straight, decide to peel one and catch the 4 card straight, we get into a pissing match on the river, (capped) his AA went down in flames. next hand I'm on the BB, catch AK, that holds up. 3 hands 15 minutes I'm up 140.

Do I walk away?

I played another hour or so, the cards went icy cold, I walked away exactly 100 up. I hate the idea of hitting and running, but I'd have another 40 bucks right now if I'd have done what I said I'd do.

I think the worst part was the fact that I turned into scared money when I had 10 bucks left. I tightened all the way up to hellmuths top ten. Folded ATs from UTG and watched a monster develop. I'd have had Quad tens by the river that improved from a flop of (ATT)

Still kickin' myself.
The older I get, the more I start wondering; Just what in the hell is going on here?
 
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Fnord
Old 04-21-2006, 11:18 PM     Post subject: Re: Last night #2 (permalink)  
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Quote:
Originally Posted by Ragnar4
Do I walk away?
How good is the game? You certainly have a good dominant table image.
 
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Ragnar4
Old 04-21-2006, 11:49 PM     Post subject: So good #3 (permalink)  
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Juicy.

Loose passives that go all the way to the river. At least 3 to a river, sometimes 2 would pay off the winner
The older I get, the more I start wondering; Just what in the hell is going on here?
 
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Shark Bait
Old 04-22-2006, 12:12 AM #4 (permalink)  
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If the game is good, don't quit. Don't think in the short term. If you are actually a good player, then you should be able to do well in the long term vs opponents like this.

There are several times where the game is bad and I have a poor seat, but I'm up a lot and I'll actually quit. Also I've kept playing in a game where the game is good, but I keep losing. Short term means nothing. Just play your best all the time.
<a500lbgorilla> Limit is poker with training wheels!
 
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elipsesjeff
Old 04-22-2006, 12:19 AM #5 (permalink)  
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Arnold Snyder wrote a Card Player article a few years ago on when to quit that was re-written in Sklansky's "How to make 100k a year gambling for a living."

At the end of the article, he lists the following points:
Quote:
"My guidance is this:

* If you're winning, keep playing. If you're losing keep playing.
* If you're breaking even, keep playing.
* If you're tired quit.
* If you're making strategy mistakes, quit.
* If they start shuffling up on you, quit. (he's a blackjack player)
* If the third-base player is a terrible player, keep playing.
* If the dealer gets four blackjacks in a row, keep playing.
* If the player on your right doubles down on hard 16 versus a dealer's ace, keep playing.
* If you keep losing your count, quit.
* If you're palying with your rent money, quit.
* If you're really not a card counter, but just some guy who read a book about it and likes bragging to your friends and family, and even when you lose, you tell them that you won, quit playing and get a life."

You can pretty much extrapolate this to poker. He also pretty much says that if it makes you feel better to quit when you're ahead, do it. Poker is all one session and it doesnt really matter how much you make in one day but how many hands you play..


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Nehmer
Old 04-22-2006, 01:28 AM #6 (permalink)  
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If it's more important to you to play for fun and leave on a high note so you feel happy the rest of the night and next day, then by all means quit once you go up enough to make you happy.

If on the other hand, you are doing this more for the money, then you should not even really be keeping track of how much you are up or down while playing and instead just focus on if the game is still worth sitting at.
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Fnord
Old 04-22-2006, 01:33 AM     Post subject: Re: So good #7 (permalink)  
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Quote:
Originally Posted by Ragnar4
Juicy.

Loose passives that go all the way to the river. At least 3 to a river, sometimes 2 would pay off the winner
Optimize your seat, get a thick enough roll not to care about the results of a single pot, stop doing stupid shit to get people who will pay you off anyway to pay you off and keep playing until the game sucks or you're tired.

Last time I was at the cardroom I was in a similar spot, but made myself keep playing until 3AM. At that point the table super-donator had slowed down (to stretch out his last rack), and I was getting tired.

A lot of poker is going against your natural instincts. Raising instead of calling, enjoying a good suck-out, de-valuing money, quitting when you're running bad in a medicore/tough game, staying when you're ahead (willing to risk all of your winnings on an edge.)
 
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