Why I cut my 2014 WSOP trip short

NOTE: I wrote the first draft of this on Sunday morning, July 6.

I’m in Atlanta, waiting on my 8:00 AM connecting flight back to Gainesville. It’s been a while since I took a redeye, but this is the real deal. I took this flight because I didn’t have many other options when I decided to cut my annual WSOP trip to Vegas short.

Why did I do that? To be honest, I’m really not sure, and I’m processing that question as I write this. I was really excited to head out this year, and I’d been looking forward to it since I returned from last summer’s trip. So I packed my bags, flew to Vegas, and immediately just felt… off. Instead of looking forward to playing tournaments, I sort of dreaded it. I was there for three days before I played my first tournament (the $1,500 Monster Stack, where I hung out for 10 hours and busted at the end of Day 1). It was another four days before I played my second tournament (a $300 tourney at the Wynn, where I busted on a bad beat after about four hours).

After playing only two tournaments in a week, I thought the remaining 11 days of my vacation could be better spent than puttering around Vegas, playing a tournament every few days. I decided I would rather spend my final week off in Gainesville, where I can relax and work on TaskBook. So here I am.

But I can’t help but wonder if there’s a little more to it. I’ve been playing poker for 11 years, and I was really, really fascinated by it when I began playing in little home games in college. I was the guy who went out and bought books and started reading poker forums to get better in my five-dollar home game. When I graduated from college, moved to Dallas, and started working full-time, I also started playing a lot of poker online at night after work.

I played a lot and read a lot, but I never went all-in the way some online pros and grinders did. I just didn’t have the will or desire to grind eight to 10 hours a day online. That didn’t sound fun to me.

I continued playing a lot of poker online for the next several years, and started visiting Vegas for the WSOP beginning in 2009. A couple months after my WSOP trip in 2009, I was let go from my job and started playing a lot more online poker. I still enjoyed playing, but not nearly as much as I had when I began, and playing online started feeling like more and more of a grind. I think that’s when I began to burn out.

My poker reserves began running low late in 2009, then my online time tapered a bit through 2010 and had all but disappeared by the time Black Friday hit online poker in April of 2011. From then on, I would play the occasional cash game in Florida, but mostly just played during the summers in Vegas.

Late in 2011, I began writing Heads-Up Tournament Poker and building my first web application (ShareAppeal). Pretty much all of my poker energy went into the book, and the remainder of my creative and intellectual energy went into learning Ruby on Rails. I never really saw poker as a way to create a dependable income, but I felt differently about web applications – I felt there could really be something there for meaningful future income. I began shifting my energy and interest from poker to app development and stopped playing poker entirely except during the summers in Vegas.

My 2012 trip was a month long, but I was working full time for the entire month, so I didn’t play much poker. I almost didn’t make the trip in 2013, but was persuaded by a friend to make the trip (and I’m glad I did – that was a fun two weeks). I think my 2013 trip emptied the tank, although I didn’t realize it at the time. I didn’t play a single hand of poker between the WSOP 2013 and my trip this summer, or maybe I would’ve realized sooner that I had used up most of my interest in poker for now.

I’m not saying I’ve quit poker, or that I’m over it. I just wasn’t feeling it this summer. I’ve been working hard on TaskBook, and that takes a lot of energy and can be sort of distracting when playing poker. I see TaskBook in particular, and app development in general, as a way to generate real income on the side, and it’s still very interesting to me. Unfortunately for poker, app development uses a lot of the same creative energy as poker does, so there’s just not enough room for a deep interest in both.

I hope that I can replenish my poker-energy reserves over time. I may play some cash games around town, or jump into some Florida tournament series this fall, or I may not. But for now, I’m just not as interested in poker as I used to be, and I’m more and more interested in app development. So my guess is my energy will be focused there for a while, and poker could be on the back burner indefinitely.

Off to Vegas for the 2012 WSOP and lots of work

I’m writing this post from a plane somewhere over New Mexico, and I’m on my iPad, so this may not be the best-written or -formatted post I’ve ever written.

Anyway, I’m heading to Vegas for my annual trip to the World Series of Poker. This is the first year I’m staying in a condo instead of hotel hopping like I usually do. My typical routine is to hop back and forth from the luxurious Gold Coast to the Rio (where the WSOP happens) since they’re right across the street from each other. I will usually stay at the GC on the weekends (when it’s significantly cheaper than the Rio), and at the Rio during the week.

This year, I have a job, so I need a place where I can work without the sounds of slot machines and depression in the background, so I decided to rent a condo. I managed to talk Luckbox Larry into splitting it with me, so I’ll even have a roommate. The bottom line is we’ll probably both feel like we’re living in the lap of luxury since we’ll have our own rooms and, you know, the creature comforts like a fridge and oven. My guess is it’ll cost 30-50% more at the condo than it usually does I’m the hotels. But it’s hard to compare because we’ll have much better accommodations, WiFi, laundry, a gym and that sort of thing. All in all, I think it’s a good value.

Originally, I booked this trip so I could be here to promote the heads-up book, which we were trying to release before the WSOP Main Event, but that ain’t happening so I’m just here to work and pay poker this summer. When I say “work”, I really mean several things: my “day job”, of course; ShareAppeal, which is really getting rolling; writing a new book about my career so far (I’ve already written about 2,000 words since we took off); and editing the heads-up book so it’s ready to release later this year. I’m keeping pretty busy, as always.

But of course there’s poker too, right? I hope so. I don’t know how much I’ll be able to play with all the other stuff I have going on, but I’m going to at least try to play a few WSOP events and some side tournaments. I would like to play the Main Event again, but I have no idea if that’ll actually happen. Last year, I didn’t decide to play until about three hours before the beginning of Day 1 D (scroll down to Day 18), some still have about three weeks to figure out a way to play again this year.

We’re starting our descent, so I’m going to sign off. I don’t know if I’ll do a daily diary this year, but I’ll be sure to keep everyone up to date one what’s going on.

Oh! But I would like to give people a better sense of what the WSOP is like, and what it’s like for me every summer I Vegas. So, if you want to know more about that sort of thing, leave some comments with suggestions on what you want to know or see. I’ll do my best to create some content to give a sense of what it’s like out here at the WSOP.

WSOP 2011 Wrap-Up

I’m finally back from my month-long stint in Vegas. I think I’ve written something like 15,000 words about the trip (maybe more), so I thought it might be helpful to recap and summarize everything in one place with links to all the other stuff.

Here are links to all my posts about the trip:

This piece was written while I was out there, but isn’t really about my trip per se:

Here’s a quick week-by-week summary of the trip and then I’ll do a final overall recap…

Week 1 (June 23): I arrived to Vegas at 1:00 AM local time (so 4:00 AM Florida time), stayed up too late and then crashed on a couch in Luckboxy Larry’s Rio room. Next day, we made the move over to the luxurious Gold Coast as we chased cheaper room rates. I tuned up at the Rio daily deep stack, a $235 tournament in which I min-cashed and would set the tone for my trip. I also played the Wynn re-buy once (in for $625 – the most I’d invest in that tournament in several tries), and played the $1k WSOP event, cashing in neither. So I dug myself a little hole early. Meanwhile Luckbox Larry Final-Tabled the Wynn re-buy and won $10k. I didn’t know it at the time, but the tone for the summer was almost entirely defined in this week. I was to have several min-cashes and close calls with a real payday while Luckbox Larry crushed the Wynn tournament.

Week 2 (June 27): I played the Wynn and decided I wasn’t taking the add-on anymore because it was bad value. I min-cashed once. I worked on the book with Vanessa and min-cashed at the Wynn again. I played the Wynn again and didn’t min-cash this time. This non-min-cash put me slightly up for the trip so far. I started feeling a little sick for the first time and got my first In-N-Out fix. I bubbled the Wynn tournament after taking my first nasty beat of the summer: Queens against Tens and Sixes all-in pre-flop – I lost to the Sixes and chopped with the Tens in a huge pot with 45 left. I wrote the book some more.

Week 3 (July 4): I started with a quick recap of the tournaments I played so far. I had played 8 and cashed in 5. I didn’t realize this would be my last cash for the series and that my bad luck was just getting started. I finally got to Mesa Grill at Caesars, and it was delicious. I had a really fun meeting with Vanessa and Annie Duke, where we talked about publishing and I learned a lot about poker just discussing hands with them. I played the Wynn again and got close to cashing, but no dice. I also started feeling nasty again. I jumped into a $550 mega satellite at 10:00 AM at the Rio on short notice and busted after playing two hands: I tried a flat-float-bluff with JTs in the first level, then busted with Queens against Ace-King. By this time, I’d lost a few coinflips, a couple 60/40s and had taken that nasty beat with QQ < (TT + 66). Things weren’t going my way. I went to a kick-off party for the Rally to End Cancer, hosted by my friends Vanessa and Chad at the MGM. I played the Wynn again and had my earliest exit yet when I ran AJ into a very aggressive player’s Aces. I watched Luckbox Larry eat a $60 hamburger. Truth be told, it kind of grossed me out because it had truffle shavings on it, and I hate all things mushrooms… and the thing smelled like mushrooms. I started preparing for the possibility of playing the Main Event, although I didn’t know if I would actually play. I also wen to In-N-Out again. I recapped my typical day in Vegas. I continued trying to prepare to play the Main Event even though I still didn’t know if I’d be playing. I relaxed and worked out a bit. I confirmed I was playing the Main Event about two hours before the final Day 1 got started. I freaked out a little bit, then went on to finish Day 1 with 50k chips after starting the day at a really, really tough table with 30k chips. Later I found out that the chip leader going into Day 7 was at my table for most of Day 1, meaning the table was even tougher than I thought.

Week 4 (July 11): I rested up for Day 2 and found out my Day 2 draw wasn’t too much better than my Day 1 draw. I made it through Day 2, but with fewer chips than I had at the beginning of the day. I recapped my good and bad luck so far in the Main Event. I relaxed and did laundry to prep for Day 3. I did my typical table research and it seemed like I finally got a pretty soft table draw. That turned out to be wrong as my table was pretty tough again (though not as tough as Day 1 and Day 2). I busted from the Main Event near the end of Day 3 with Aces against Kings, all-in pre-flop. My stellar luck continued. I spend like 2,500 words discussing some hands I played on Day 3 because I can. Luckbox Larry also busted a little earlier in Day 3 with AKs < KQs (another bad beat for our group). And then Vanessa busted on Day 4 after she has a set cracked by a straight draw (another bad beat where she was almost 3-to-1 to win when the money went in). Bad beats all around for our crew this year. I started winding down and decide to take one more shot at the Rio daily deep stack. I ended up bubbling, finishing 32 when 27 paid (in a 289 person field). I should’ve seen that coming.

Week 5 (July 18): I did some more work on the book and just sort of relaxed as I prepare to head home. I made my annual trip to the outlet mall in Vegas to try to get some cheap shirts and shorts, getting one of each. Then I headed home and watched a lot of TV while I worked to overcome jetlag.

Overall summary of my summer in Vegas

“So, how’d it go this summer?” I’ve been asked that several times since I got back. The answer is… ok, I guess. Poker-wise, things were pretty rough. I started off cashing in almost everything I played, but almost all of my cashes were min-cashes. I ended up by going 0-for-5 in my final five tourneys, including the Main Event. I had tough table draws in the Main Event, but still managed to hang around to get Aces against Kings to bust as an 80% favorite. So that wasn’t too great. I also learned a lot about poker from discussing hands with people and just putting in a lot of hours. Socially, things were great. I spent a lot of time with friends, ate great food and generally had a good time. Business-wise, things were very good. I am working on a new project (I’m this close to announcing it, but we’re not quite there yet) and I lined up a potential consulting gig for a startup.

It’s really good to be home, but that means I’m forced to focus on the fact that I quit my job a few months ago and I still don’t have any kind of income. That’s ok – it was part of the plan – but it’s still very stressful. Even with that, it’s good to be home in Gainesville. I’ve already visited Chick-Fil-A, and i’m working on plans to go to The Top and Satchel’s very soon. It’s also good to be back near my family – hopefully I’ll see them soon as well.

All in all, it was a good summer and I had a good time. I played a lot of poker, ran bad and managed to find potential business opportunities to work on. And now it’s good to be home.

WSOP 2011 Diary: Week 2

Day 5 (June 27): Today was pretty simple. I did my usual couple of hours at Starbucks, then met a friend/co-author at the Rio (she was playing the $10k 6-max Championship so I caught up with her to touch base before she played). Then I went to the Wynn to play the $200 re-buy. I’m thinking a little differently about this tournament, and the more I think about it, the less I like taking the add-on. The problem is that the add-on is $200 and you get 5k chips (the same as the starting stack in the tournament), but you get that 5k chips when the blinds are at 200/400. So, 5k chips really doesn’t do much there (12 BB isn’t nothing, but it’s not really something either). If the add-on was 10k chips, I think it would be good value.

I also decided to try playing it with just the original buy-in. The blinds start at 25/50, so 5k chips is 100 big blinds, which is a decent stack to work with. As it turned out, I ran top two pair into a flopped straight and ended up going broke and having to re-buy anyway (hence I was in for $425 today). I ended up min-cashing (20 places paid and I finished 20th) for $985. I was very, very happy with this result because I was on a short stack literally all day. I just never really had much to work with, so I just had to keep picking spots, stealing blinds and occasionally doubling up. So, 20th of 156 was a good result.

Tomorrow morning, I’m working on the book and tomorrow afternoon I’ll probably head back to the Wynn with Luckbox Larry to take another shot at the re-buy.

Day 6: This morning I went to my co-author’s place and did some work on the book. We made great progress, and I’m really excited about the material we’re creating. I’ve read a lot of poker book (probably 40+), and I’ve never read one quite like this. We’re going from about a 10,000-foot view (where most tournament poker books hang out) up to about 30,000 feet, and we’re stopping every 5,000 feet or so along the way. This is either like a genius analogy or a terrible one. Anyway, we’re covering a lot of ground, most of it new, and I can’t wait to see this book in print.

I played the Wynn again today and min-cashed again. I’m now 3/5 cashing in tournaments since I got to Vegas (one of those in a 1,000-person field), so I’m way ahead of expectation (in a tiny sample) there. Luckbox Larry has also been cashing at the Wynn a lot – we’re a combined 5/8 for cashing there, and he has two final tables. So that’s the good news. The bad news is I have basically min-cashed in all three tourneys. This is typically a bad sign for a tournament player. Consistently min-cashing is a good way to eventually go broke because even a very good player will cash 20% of the time or less. A min-cash is usually about double the buy-in, so min-cashing 20% of the time will leave about -60% ROI for the player. That being said, The first two cashes were despite terrible cards for almost the entire tournament.

Today’s min-cash was a little unlucky because I put together a good stack early, playing good poker, and then just got unlucky to run into a trap in a blind versus blind battle. (It was folded to the player to my right, who called in the small blind, and I was very short, so I just moved in from the big blind, and he was “trapping” with AKo. I hate his play with AKo there, but I guess it worked out for him and I ended up busting. You’ll note I didn’t say what my hand was – that’s because it didn’t matter in that spot as I would move in with any two cards – but I had 82o for the record. If you’re thinking about how crazy this sounds, consider that a player who limps there is almost always weak and will fold to a shove, and if I pulled that off, I would add 25-30% to my stack without a showdown. As it was, I got all-in as a 60/40 dog with a chance to double up and I was the raiser, not the caller. It’s necessary to do this sort of thing to stay alive in tournaments. After a certain point, playing short-stacks becomes almost exclusively situational and this was a good situation to get some chips.).

Tomorrow, I’m going to do a little writing and then I’ll probably end up back at the Wynn. It’s just too good a field to pass up. They’re playing this same tourney ($200 re-buy at 1:00 PM) every day for 20 days (there are 14 days left) with a $50k guarantee. Sometimes there’s an overlay, which is great, but even without any overlay the field is so soft that it’s great value (I actually think it’s reasonable to cash in this thing like 33% of the time over the long-run).

Day 7: I just realized it’s Wednesday and not Tuesday.

Anyway, I played the Wynn re-buy again today, and cashed again. This time it wasn’t a min-cash (I avoided that by one pay jump), but I did manage to finish 11th and bubble the final table, so at least I still kind of have the streak going. I’m now 4-of-6 cashing in tournaments since I got here. Yesterday, I actually caught some cards in the middle of the tournament, but otherwise I’ve been pretty card dead and just playing well on a short stack. I’m very, very happy with my play and I just need to get some breaks. Also, my cash at the Wynn today made me profitable at poker for the trip (the “at poker” caveat means I’m no where near covering my expenses).

The nature of tournament poker is to be frustrating. I’ve mentioned before that good players can expect to cash about 20% of the time (in normal tournaments – this tourney I’m playing at the Wynn is an exception and I think it’s possible to cash 33% of the time), which means disappointment can be expected about 80% of the time. In my case, I’m cashing a lot, but just can’t quite make the final table. It will happen eventually, but I have to continue playing my A-game so that I’m ready to win the tournament (and make the real money) when the cards fall my way.

I think I’m going to take the day off tomorrow because I doubt I’ll be able to play my A-game. Today, I actually started off a little tilty, getting frustrated when I lost with top pair, good kicker in three hands during the first level (30 minutes). I will sometimes get frustrated, but the other players often can’t see it. By the third time I lost with top pair (AQo on a Queen-high board), I was visibly frustrated. Fortunately, it didn’t affect my play and I stuck with it to get down to 11. I’m concerned that if I play tomorrow, I won’t be able to keep playing well, so I’d rather take the day off than set fire to a buy-in.

It was pretty nice in Vegas last night – breezy and cool – so the walk to Harrah’s to catch the shuttle to Rio wasn’t too bad. I’ve probably made that walk a total of five or six times now, and it’s a tough one. When I want to go from the Rio to Wynn (or vice versa), and I don’t have a car or a ride, I have to take a shuttle to Harrah’s, then walk about 15 minutes to the Wynn. The walk is literally on The Strip, so it’s very congested and touristy (complete with dudes snapping night club ad cards at you), which makes it even longer. People like to walk in groups, like three wide, very slowly so they bock the entire sidewalk for anyone wanting to get somewhere quickly. The good news is I think I’m burning a ton of calories, so no need for cardio while I’m out here.

Day 8: I started feeling a little gross at the Wynn yesterday, and I had a little trouble sleeping last night. I’m not feeling sick per se, but just feeling sort of weak and tired. I was thinking about taking the day off from poker today anyway, so this doesn’t really change much. I’m just hanging around the hotel, reading, watching Netflix and generally bumming around.

I had In-N-Out for lunch today and it was awesome. I really like In-N-Out. The food is delicious, and it’s generally a pleasant experience to visit their stores. Also, my meal was only $6. Luckbox Larry and I also went to Vons (apostrophe apparently omitted intentionally by them?), which is owned by Safeway. We needed to stock up on snacks and supplies in general. Also, we ran out of makings for PB&J, which is my go-to food for a quick, cheap meal. On The Strip, everything is basically twice as expensive as it should be, so a mediocre sandwich and fries is like $13 or so. Hence I need to conserve money by eating PB&J and stuff.

Day 9: I took it easy yesterday and I think that was the right thing to do. I felt much better when I woke up this morning and decided to play the Wynn $200 re-buy again. That is probably one of the best tournament values in Vegas this summer, so it’s tough not to play. I ended up bubbling and finishing 21 when 15 paid. I took a really nasty beat with about 45 players left:

I had QQ and got all-in against a short stack with 66 and a big stack who had TT. The 66 hand made a flush on the turn (so he tripled up), and then the river was another flush cards, so I split the remaining pot with TT because we both had a flush. The worst part is I also flopped a set, so I could’ve still won the whole pot if the river paired the board.

If I had won that pot, I would’ve had a pretty large chip stack with 45 left, and that could’ve made the difference. As it was, I was bumped down to a really short stack and still managed to survive and even chip up down to 20 players when I lost yet another coinflip to bust. In general, I’m running bad on this trip. There’s not much I can do about that except to keep playing well and hope I stop getting unlucky so I can make a deep run and finally get paid.

After I busted from the tournament, a couple friends (who had both been in and busted earlier) and I went to a pretty nice restaurant at the Wynn for dinner. We had some comps to burn, so we figured we’d use them for a nice meal. It was nice to just relax and eat a nice meal. I’m trying hard to save cash while I’m here, but it’s tough. I need to start eating more PB&J.

After dinner, I went back to the hotel (we’re at the Gold Coast again) and watched some Netflix before turning in pretty early.

Day 10: Today should be a pretty relaxed day. I’m planning to go work on the book with my co-author, and hopefully I’ll be able to do some laundry while I’m there. I should also be able to avoid spending too much money on food today, so that’s nice for a change.

My co-author and I have scheduled a meeting with another published author for Tuesday morning, and I think we could learn quite a bit from her. She’s already published on one of the publishers we’re looking at, and her book is also a poker book.

Day 11: Yesterday turned out to be pretty uneventful after all. We worked on the book for about six hours and made good progress. When we began writing the book, I knew it would be a big project and a long process, but I don’t think we really understood the magnitude of what we were getting into (at least I didn’t). It’s a very big project and is taking a lot of work.

Anyway, I’m planning to play the Wynn re-buy again today. I would really like to make the final table in that tournament – I just need a few breaks and I’ll get there. I just realized it’s already July 3rd, which means tomorrow is the 4th. I’ve heard rumors that the annual 4th of July party I attend (some friends of friends always get a Mandalay Bay penthouse with a view of The Strip, where they have several fireworks show) is happening, so that will be fun. The hosts are a lot of fun and do a great job putting the party together and just being good hosts. This particular party usually gets a pretty motley crew and I almost always meet someone new and interesting.

But that’s probably happening tomorrow. Today will be a slow day and I’ll start the publishing process for this week’s diary entries. If it isn’t already obvious, I’ve more or less settled into the Vegas/Summer/WSOP routine: hang out, play poker, write the book and repeat. I still have a few restaurants I need to get to, but I’ve mostly gotten the highlights out of the way now.

WSOP 2011 Diary: Week 1

[I’ve decided to put these up once a week or so to save publishing effort and avoid annoying people on Facebook and Twitter. Give me feedback in the comments as to whether it would be better to do daily or if weekly is good. Anyway, the result is these will be long posts.]

Day 1 (June 23): The trip from Gainesville, FL to Las Vegas is pretty rough. There are no direct flights, so I have to connect in either Atlanta or Charlotte, which means layovers and delays. This time, I was scheduled for a 2.5-hour layover in Atlanta, but ended up taking half of it in Gainesville because of weather delays. I ended up getting to Las Vegas at about 12:20 AM local time (3:20 AM back in Florida), and then had to find a shuttle to the hotel because my ride fell through. (Tip for visitors to Vegas – if you’re going to the strip, go find a shuttle instead of a cab. The shuttle is $7-10 and a cab will be at least $20.)

Any time I’m heading to Vegas, I try to get in late at night and sleep very little on the plane. I figure this is the best way to beat jet-lag and adjust to the new timezone. It usually works, but I was up till 3:00 AM Vegas time chatting with a friend, and ended up waking up at 7:15 this morning. So the bad news is I’ll be tired all day. The good news is that if I can get through the day without sleeping, I’ll definitely be adjusted to Vegas time by tomorrow.

My strategy when I’m here is to maximize convenience and minimize cost. In English, this means I end up schlepping my stuff back and forth from hotel to hotel as I chase the lowest room rates. This time, I’ve managed to book rooms at the Rio and Gold Coast, so I’m only bouncing back and forth between two decent hotels. I’m sharing rooms with a friend of mine, and he’s particularly good at finding cheap hotel deals for us. I’ll end up paying about $700 for a month of staying in decent hotels within walking distance of the WSOP. Not too bad.

Today, we’re moving from the Rio to Gold Coast, then we’ll grab lunch and decide which tournaments are the best to play today. My guess is I’ll end up playing a $235 tournament at the Rio to tune up since I haven’t played live poker in about 10 months. The Rio field will be big (700 or so), which means lots of bad players and a decent prize pool for a $200 tourney.

There is a lot of stuff to consider when I start playing tournaments again after a layoff. I have to be comfortable both physically and psychologically. Basically, I have to psych myself up so I feel like a good poker player, and I have to have some sort of game plan going in. My game plan today is basically, “Be super hyper aggressive and pull the trigger every time I sense I should be making a move.” This sounds simple, but it can be tricky after a layoff. I obviously want to win the tournament, but I don’t want to bust after only a couple hours since I need to get back in the swing of things. This will often cause me to play more passively than I should, passing up opportunities to last longer in the tournament while not really giving myself a chance to win.

So the plan today is to get settled into the Gold Coast, get a good lunch and hopefully crush the $235 tune-up at the Rio.

Day 2: Yesterday was a long day, but not much happened. My friend and I moved from the Rio to the Gold Coast and then played the 2:00 PM $235 “deep stack” at the Rio. I use the quotes because it’s not REALLY a deep stack unless you compare it to the normal, super-turbo structures most casinos use for the daily tournaments they run. There were 964 entrants and I finished 79th, for a couple hundred bucks profit. I was happy with my play because I didn’t catch many cards for the final four hours of the tournament. My best hand of the day was a nut flush, and I made two straights (both on three-flush boards) and didn’t make a set or two pair. So, all in all, I’m pretty happy with cashing.

After I busted from the Rio deep stack, I joined some friends who were sweating the $10k HORSE Championship Final Table. My friends are friends of Daniel Ospina, who eventually took 4th (outlasting Tom “Durrr” Dwan by one spot). Here’s a terrible picture of the “Featured Table” where ESPN films final tables and will film the main featured table of the Main Event for TV. It’s terrible because they have bright blue lights focused on the crowd, and those lights apparently wreak havoc on my iPhone’s camera. C’iest la vie. (On a related note, I can’t wait for iOS 5 to let me snap photos with the volume up button instead of the stupid soft button on the screen. It’s really difficult to take a good picture when I’m holding the phone and trying to tap the edge of the screen to snap a photo.)

Today I’ll just take it easy, do some reading and writing and probably hang out watching TV in the hotel room.

Day 3: Actually, instead of taking it easy and hanging in the hotel room, I ended up playing a $200 re-buy tournament at the Wynn. I was in for $600 (initial buy-in, initial re-buy and the add-on), but didn’t cash. It was very frustrating because that tournament is very soft, and it’s very winnable for me. But what was more frustrating was that I made two mistakes (one medium and one big) that cost me the tournament. But this is why I’m playing tune-ups before I jump into $1k+ tourneys: I expect to make mistakes. So, hopefully I’ll think more clearly and be more focused the next time I play.

The tournament director (and possibly the guy who runs the Wynn poker room) stopped Luckbox Larry (@hugepoker on Twitter) and me on one of our breaks and asked for input on the tournament. Overall, we both think the tournament is setup very well, but we made a couple of suggestions to make it better and to encourage people to stick around and build the prize pool. We recommended adding a level after the add-on break and giving more chips for the add-on. He gave us each a $10 comp, which I used to buy a giant gelato banana split to console myself for making mistakes in the tourney.

While I bombed out of the Wynn tournament, Luckbox Larry actually went pretty deep and bubbled the final table. It wasn’t a huge score, but he did what he could do to win the thing. I got some pictures of him (below), but they’re a little blurry because I was having to like run around trying to snap a clean shot when I could get it because there were a bunch of Europeans crowding all around the table and jumping in front of me (despite repeated requests by the tourney director that they keep out of the tournament area). For some reason, Europeans really love the Wynn daily tournament.

I think I’ll go back to the Rio $235 today and give that another shot. I’ve played about 11 hours of poker so far, and I’ve basically run bad. I think I’m something like 0-for-7 on coinflips and 60/40s, I’ve flopped one set, I’ve flopped two pair once (it was top two, and lost the minimum against a flopped flush when we were both in the blinds), I’ve flopped three straights (all on two- or three-flush boards), I’ve turned one flush, and I’ve had AA, KK, QQ, TT once each (JJ twice). I think I’ve had AK once and AQ a few times. So, if I start catching some cards I think I could make a deep run if I avoid mistakes like I made yesterday.

My co-author has been playing WSOP events since I got to Vegas, but I think she’s taking it easy next week so I’m hoping to get some writing done. Until then, I’ll keep tuning up in small tournaments, trying to avoid making mistakes like the plague.

Day 4: I didn’t end up playing yesterday. They moved the 2:00 PM rio tourney back to 4:00 PM because there was a $1,500 WSOP event that typically draws a lot of people. So they try to stagger the tournaments to avoid confusion. I basically ended up bumming around and reading all day, and it was kind of nice. I went to see Super 8 last night and really enjoyed it. It was a fun movie, well done.

Today, I played the $1k WSOP No Limit Hold ’em event. I managed to last about 3 2/3 levels before I finally busted out. I’ve been running really, really cold so far this world series. Yesterday, I tallied all the hands I’ve had so far. To that tally, I can add another AK, a couple of 99 hands, 88 and that’s about it. So, I’ve been on the bad side of the card distribution so far this series. I actually played well today and made some difficult, but good decisions. The problem was I just never got any cards to work with and all the short-stack strategy in the world isn’t any good unless I eventually get something to play and double-up. I ended up busting on a Stop-N-Go, which was the right idea pre-flop, but it may have been correct to abort it on the flop. I’m still mulling it over.

[The following is a little poker rambling where I describe what a “Stop-N-Go” is. If you’re not into poker, skip to the next paragraph.] I guess I should explain that. A Stop-N-Go is a short-stack move where I’m in the big blind (blinds were 75/150) and I have a short stack (I had 1,500 left after posting the blind). The point of the move is to basically re-steal the pot from a late-position raiser by taking control of the pot and moving in on the flop, forcing my opponent to make a tricky decision. The player four seats to my right (in the hijack seat) opened to 375 and before I looked at my cards I knew I had a good stack for a Stop-N-Go. I decided I would Stop-N-Go any pair 66 or lower, and any Ace A9 or lower and possibly a hand like KQ or KJs. (The rest of my range was something like this: re-raise all-in with pairs 77-QQ and AT+; flat-call with AA/KK and check-raiase all-in on the flop regardless of what it was; possibly flat call with KQ or KJs and check-raise all-in on the flop if I made a pair or better; fold everything else.) Anyway, I looked down at A6o, which meant it was time to Stop-N-Go. Here’s how the move works: I call his raise and then move all-in on any flop (because I’m in the Big Blind, I’m first to act after the flop). I know this player is a reasonable player, so he’s opening a normal hijack range: Big cards, most pairs and probably like JTs and maybe T9s. The flop came down KK8, I moved in and he called with 99. This was probably a mistake on my part. The problem is that my goal is ultimately to get my opponent to fold all those hands in the range I described above. On flops like T84, J85, KT2 most of this range either misses the flop completely or doesn’t really like it (66 and 77 don’t like either of those flops, AK, AQ, AJ don’t like most of those flops for instance). But on a flop like KK8, most of his range is still pretty safe. Small and medium pairs don’t mind it because it’s unlikely I have an 8 or King. Big cards don’t mind it because they’re still pretty strong hands (AQ, AJ, AT all feel ok about still having a pretty good hand post-flop, and they can draw out to a pair against smaller pairs). Hands like QJ, JT, QTs don’t care for it and will fold. So, this particular flop isn’t scary enough for the Stop-N-Go to work and I probably should’ve just aborted and check-folded, aborting the move.

Now I’m heading off to the Wynn to meet Luckbox Larry on his dinner break in the Wynn $200 re-buy. He has a pretty good chip stack, so hopefully he’ll make a run. Hopefully I’ll start running better pretty soon. I’ve played something like 16 hours of poker and basically gotten no cards yet. It’d be nice if that trend ends soon.

I’m back (just got over to the Wynn – it takes about 45 min door to door, and about 20 of that is fast-paced walking in the Vegas heat). On my way over to the Wynn, I had a couple thoughts. First, I realized that Vegas is packed full of people doing really, really crummy jobs. I won’t list those jobs because I don’t want to offend anyone, but there are a lot of people doing jobs that I just can’t imagine doing every day. It’s profoundly depressing. At the same time, I realized how fortunate I am. I voluntarily quit my own job almost two months ago, and now I’m hanging out in Vegas for a month, playing poker, writing a book, relaxing and hanging with some friends. There’s some stress involved (today my bank account reduced by another $50 or so, and it won’t be replenished until I start working again), but I’m ultimately living Peter Gibbins’ dream of doing nothing for now. At the same time, I miss my friends and family back home, but I’ll be seeing them plenty in about 25 days.

And Luckbox Larry ended up taking second (after losing an all-in with AK < AJ) for right about $10,000. Unfortunately, he was in for $1,200, so the “steak dinner for five-figure score” clause wasn’t activated this time.

Off to Vegas for the 2011 WSOP!

You may know that I’ve gone to Vegas once a year for the past several years. I think I’ve been every year since 2006, but I’m not positive about that. In 2009, I spent six weeks there. The other day, I realized that Vegas is the city I visit most frequently (aside from Jacksonville, which is 90 miles away and is where my family lives). This really doesn’t make sense at all – Vegas is essentially the opposite of all things Josh. Of course, it helps that there is some incredible food to be had (if one doesn’t mind visiting some super sketchy neighborhoods).

But here I go again, drawn to Vegas to play poker and visit friends. Before I go, I’m posting about what I’ll be doing (so my friends and family know what’s up). I’m also soliciting suggestions on how I can share the experience with all three of you that read this blog. (Haha, just kidding! There are at least 10 of you.)

What I’ll be doing

I’ll mostly be playing poker and writing “the book”. The WSOP is going on right now, so I’ll play some of the smaller No Limit tournaments and try to win a satellite for a seat into the $10,000 Main Event (the one they show on TV every year). The smaller WSOP tournaments I’ll play will range from a $1,000 to $2,500 buy-in. I’ll also play some other tournaments around Vegas, ranging from $200 to $1,000 buy-ins. I’ll start with the smaller ones to tune up since it’s been a while since I played live poker (or poker at all, really). I’d really like to play the $10k this year – that tournament is almost customized for my style, and I could make a deep run with a little luck.

“The book” is a poker book I’ve been co-writing for about 18 months. It’s about how to use game theory to build a dynamic tournament strategy that can be adjusted as the game changes over time. It’s a lot about the underlying principles and the “whys” of winning tournament poker. A friend of mine is a professional poker player, and she asked me to co-author the book with her because I know her strategy and style very well, and because I’m comfortable writing. I’m hoping we can do some serious work on the book while we’re both in Vegas this summer. It’s a very big project that simply requires time and coordination to keep it moving.

Give me some feedback – what can I do to share the WSOP experience with those who aren’t there?

I get a lot of questions about the WSOP: what it is, what it’s like, and all that. I think it would be fun to use the blog (and Facebook and Twitter) to share a little of the WSOP experience (and maybe my Vegas experience), but I’m not exactly sure how to do that. [Wow, that sentence is terrible.] I could blog, take pics and maybe shoot some video. I’m sure there are other ways I could share the experience as well.

If you want to see what it’s like to at the WSOP, leave me some comments with suggestions on ways I can share. I’ll see what I can put together!