A poker lesson....

I had an expensive poker lesson tonight. I also learned something about myself and poker again.

Tonight, at Palomar I bought in for $200 and then lost it at the 1/3 No-Limit table playing a little loose. Then I bought in another $150 and later moved over to the 5/10 because I didn’t like this ½ table, when I had about $75 left.

I had tightened up considerably, and had played about 4 hours, before I moved to the 5/10 game. I added another $125 to make the minimum buy-in at the 5/10 No-Limit table.

I was a very short stack there. The stacks ranged from $500-2000. I played a very strong short stack game, and over the next three hours built my stack up to $450. I was about even and was thinking about leaving for the day.

The table was fairly aggressive and I was playing only premium hands when I received pocket jacks in middle position. I just limped in with them. Five others limped in behind me, which was unusual. I was planning on throwing them if they didn’t improve or if a larger card flopped.

The big blind raised it to $100, when it got back to him. When he set in a $100 stack, there was $60 in the pot.

He had $2000 in front of him. He was a smart player, so I respected his move and then began thinking about whether to call him or not. The bet was 4x the blind plus a bet for every player who limped in. It was a good smart bet.

I decided to call the $100 expecting a few value bets behind me, but they all folded like falling dominoes. This changed my odds considerably, but he was very deep stacked, so there were implied odds, I reasoned.

Does he have a larger pair? I called time to think it through. There were at least 6 hands I could beat that he might have bet. In that position he had lots of incentive to raise the pot as last to act, pre-flop with any pair, or AK, AQ, AJ, or A10. There were six limpers who were not willing risk more then a minimum bet to call. There were three hands that had me beat: Aces, Kings or Queens.

The flop came 2, 7, 5 all different suits. I didn’t believe that helped him at all.

The problem was now it became harder for me to get away from the Jacks. I had an over pair to the board. Now I really went into the tank, because he did a continuation bet of $200 which was 70% of my remaining money.

Why didn’t he just force me all-in? Maybe, he doesn’t want me to call?

One hundred would be too cheap, all-in would obviously pot commit me. Was he trying to give me a way out so I wouldn’t call? I thought about what I would do if I was him, and what I would do it with.

If I had AK, I would bet that amount to take a stab at the pot. I called time again, and was told I had 30 seconds to make a decision.

I wrongly decided to call to see another card, knowing this meant I would end up all-in. I called.

The turn card was a 6. No help for either of us. He pushes in a $100 and I push in my last stack and he turns over 2 Aces.

On the river a face card is turned over, but it is the wrong one. It was a queen, not a jack. I congratulated him on playing a good hand as I got up to leave.

I had reached my loss-limit for the day and I was done playing.

As I reflected back over this hand I can see where I made a number of mistakes. When I limped with the Jacks, my plan was to toss them if it was raised and re-raised or if they didn’t improve on the flop.

When nobody else called but me I even jokingly said “Thanks guys, for leaving me alone with him”. The last folder said if only one more had called he would have stayed in. I thought ok, there is a possible two big cards.

When he bet $200 that made the pot $460 and I was going to have to risk $200 more, so I had about 2.6 to 1 to call this.

I don’t know odds well enough to know whether by pot odds alone my call was a poor one or not. I reasoned that there were 6 hands most probable hands I could beat and 3 I couldn’t so there is that 2-1 again, plus if I win I triple up my remaining money.

Here is where I realized I have a slight weakness that could trip me up. I thought about folding by throwing my jacks face down to reveal what a great lay down. Why would I want to throw them face up? For the admiration of the other players I realized. Then I thought, if I think this through and really have the best hand thnt it shows what a good player I am.

Neither of those thoughts were relevant at the time. In fact they were weak, non-professional, donkey type thoughts.

They took away time from what I should have been focused on and revealed to me it is still important to be thought of as a “smart player”. That need to be thought of as a “smart player” is a weakness that can be exploited. In this case it wasn’t, but it muddied up my thinking a little when it needed to be really sharp.

I could have asked him a question or talked to him to get a read. I have done that in the past and it has really helped me get a read. But, I didn’t this time while I was focused on whether I was a “smart player” or not. I tried for a visual read, but he was frozen and staring at the cards.

I “decided” he had AK when I had no real evidence to support that and partly drew that conclusion from what I might have done with that hand. Unfounded reasoning, and an emotional decision to go home a winner was driving me. I did not want to have to work really hard for a few more hours to build back up to the “just even” point. That lousy thinking also helped push me over the edge to call.

The smarter move would have been to raise his $100 bet to $200 if I wanted to play and if he re-raised fold em. If he just called, then I would know, he had a strong hand and without a third jack I could have folded on the flop. In that scenario I would have lost only $200 on the hand instead of $400.

I would really appreciate some comments on this hand.

Was I just a donk? Do you think some of my reasoning was sound? Or am I in self-delusion and should have just folded, which was my first instinct?