Thursday, August 13, 2009

The Stakes

Today begins the next step in a great journey, a journey that started around my friends mother kitchen table 10 years ago, playing with silver coins and no idea. Tonight i am going to the casino but it isnt my usual visit, this time I am playing with someones else's money.
Getting a bankroll is not easy, those casual twice a month players arrive on the felt with their money and dreams and want to double or triple it and forget that the swings of no-limit hold'em over the course of a night will make it nearly impossible to make a good return. If they get lucky and get out, then kodus to them, but they will usually stay and raise their dreams and lose their profits.
I have often been this person, with 4 hours or $200 whichever runs out first, with twenty minutes remaining upping the stakes, playing fast with marginal hands. I forget to look to the big picture and look at the bankroll.
Poker is an easy game, with 2 cards and your chips as weapons, the objective to win more chips from other players. The hard part is making the right decisions when your money is on the line. Tonight I have a financial backer, a person who nervously shares an interest in my performance. they supply the bankroll and I the skill, together we split the profits.
The biggest hurdle in casino level poker is that you have the skill, and the confidence but it is still your money in front of you. pulling the trigger know it might cost you $500 but your instinct tells you they are weak, can you make that call. You know you are right 90% of the time but what if you get this one wrong, the other goods reads don't matter.
This mental barrier has been removed, only time will tell if the profits will follow.