Saturday, December 09, 2006

One minute to quitting time....

What a job, the life of a professional poker player! You can perform your job brilliantly, for 40 hours and then in 1 minute of less then pristine concentration you can lose what you have earned in the last 40 hours.

In what other job could it be a Friday at 4:55 p.m. and you stare at the clock, thinking about the weekend, and “bang” you are docked for 1 week of pay. That happens every week in the life of a poker player.

I left Sunday about 4 p.m. and here it is Wednesday afternoon. I have put in close to 40 hours at the tables and I have made no money to show for it. What a career choice!

Why do I love this game? Why do I want to play it full-time for the rest of my life? Those are two great questions. I don’t have a fully satisfactory answer for them. I know I have never found something so challenging to be really good at. I love the freedom of this career. As it has been said, “Hold-em, takes an hour to learn and a lifetime to master.” And beside where else can you get up at noon, play with the dog, read a book, make your wife an early dinner and then go play cards till 3 in the morning?

I continue to play at tables where I am only investing about 5% of my bankroll. I might be able to move up faster if I risked more. But, I want to be in this for the long term and not go broke like I hear many others have.

I wish I could say my stake was quickly and steadily climbing up. It is not. I am slowly climbing and at times drudging along on level ground. I don’t seem to go into deep valleys anymore, even when I have a very bad run of cards. I have had bad run of cards in the last few days, but I have been able to keep my losses at $100 over 40 hours of play. I think that averages out to a loss ratio of 25 cents an hour. (grin)

I was down about 4-5 times that amount during this trip, but I did have my only big hand, I can remember in three days, KK beat AA for a pot of $300, so I guess that was a pretty lucky hand.

I must be getting a little desperate to make it as a professional player. I have been moving to 3 three casinos over this 4 day trip in San Diego county to play at each, during their double jackpot times. If I hit a respectable jackpot again, I could move up a level and play a little higher.

Jackpots! That is what got me playing full-time in the first place. Two years ago I hit three different bad beat jackpots playing poker in a 9 month span. Each time I wasn’t thinking about the jackpot when it hit. That gave me the 10K bankroll I am still playing on.

A bad beat jackpot is where you have Aces full of Jacks or better beaten by 4 of a kind of better. My first time was in Sycuan when I held pocket Jacks and the board came AA10. A young man bet and I called. The turn was another Ace and the river was a 6. He had AK. So his 4 aces beat my Aces full of Jacks and I won $8900 as the bad beat. He won half of that and the rest of the table each split $4000.

That jackpot was at $18k total that day. Today the jackpots I am playing range from $25-75K, meaning, that if I hit one today I could get 10-30K. That could certainly help my bankroll. But, it has to be a rare combination of cards to make that happen. So I play on, hoping to make a little money and to get lucky. You can’t make yourself get lucky, but you can help put yourself in the right place, in case you do. That is why I am playing during “double jackpot” times at these three casinos.

I will let you know if I get “lucky”.

Well, the sun has set. It is time to go to work.

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