Life and Work Collide

Posted by Johnnymac | May 7, 2010 12:30 PM
Filed Under Poker, Vanity & Personal

Most of the people who read this blog know me personally. And most of those people know that my poker playing has been curtailed a lot the past couple of years because I quit my decent paying energy trading job to found a startup company. As a result, I don’t have much fun money aside from what my wife provides as she supports our family, and my gambling (at any stakes) isn’t something that she likes – and shouldn’t be expected – to subsidize. So I don’t play much poker aside from $10 kitchen table games with guys from church every few weeks.

That said, my new company continues to grow, we’ve got enough funding now to continue with our startup phase and actually hire people, and we’re about to start actually making money.

So what?

Well, my company is in the business of making synthetic natural gas: SNG. And SNG also stands for something else, as many people here very well know. Very rarely does Google deliver me daily news alerts that contain news about the MY kind of SNG, but I regularly get inundated with news about the other type of SNG.

And I’m almost to the point where I can start paying attention to that again. Which is nice.

Is it a coincidence that Fro is moving back just as this is happening? Maybe not, but I’m sure he could use the money.

This and That

Posted by Dr Fro | November 23, 2009 9:17 PM
Filed Under Announcements, Poker, Sports

I forgot to mention a really weird thing that happened in the tournament at Winstar.  Player A goes all-in, B goes all-in and C calls.   B and C have A covered, so they have a side pot, albeit a small one.  B is all in; C has chips.

A had junk, B had AK and C had AJ.

A is the only guy that pairs up, while the other two players totally miss the board.  A scoops his chips.  B is ticked off and bolts out the door.  Dealer ships the side pot to C.

Just as the dealer was getting ready for the next hand, it occurs to the table that Player C lost to Player B.  We get him to stop the hand and get the Tournament Director who rules that since Player B up and left and since his cards are now in the muck, he basically forfeited the hand to Player C.  This would be like Phil Ivey’s folding the best hand except that Ivey did not ever show his cards – he just mucked them.

So not only did C get the side pot, he also won the $25 bounty for “eliminating” Player B.

I don’t know if that was the right call.  I think the side pot should have been awarded to B and B should have been blinded off. 

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My annual poker tournament will be on December 19 at 2:30pm in the Siberia Room in Dallas.  Let me know if you are interested

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The craziest thing I saw in college football this weekend was the LSU – Ole Miss game.  The game started with the refs robbing Ole Miss of a touchdown TWICE and ended with Les Miles robbing his own team of a victory.  Let’s count the errors:

1)  He ran a bunch ot time off the clock before calling time out right before the Hail Mary

2)  They ran a Hail Mary a few yards shot of the endzone (hint: it’s not about field position at this point, it’s about scoring.

3)  He told Jodan Jefferon to spike the ball (or “to clock it”) even though there was only one second left in the game.  Spiking it will end the game.  The only right call would be to run a play or kick a FG.

4) He lied in a press conference saying that he didn’t know who told JJ to spike it.  You can see on Youtube that it was none other than Les Miles calling it.  (Advice:  don’t lie about things that are on TV.  You will be on Youtube and have 1 million hits before you even finish telling your lie).

Here it is:

 

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Charlie Weis is a dead man walking.  I thought there was a sliver of hope that he might keep his job, but it should be a done deal now that he lost to the one team that seemed unable to have anything go their way.  I guess if you lose a player then lose three gut-wrenching games and can’t seem to have anything good happen to you, a visit by the Fighting Irish is just what the doctor orders.

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I think OU quit against Tech and have quit for the season, but at least one guy on their team still has a spark of enthusiasim:


 

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Thanks to Levi for this one:

 

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Thanks to Beau for pointing me to the amazing story of Isildur1 who was racking up poker profits by the millions last week.  By the time I got around to posting about him, it seems his fortunes have reversed.

This and That

Posted by Dr Fro | November 20, 2009 8:46 PM
Filed Under Poker, Sports

Some final WSOP thoughts

Posted by Dr Fro | November 13, 2009 6:29 PM
Filed Under Poker

 I watched the last episode of the WSOP on Wednesday night on Tivo, but the Tivo cut off about 30 minutes of action.  If this happened to you, just type the following into YouTube, and you’ll get the remainder

  • wsop 2009 E32 5/7 FINAL TABLE
  • wsop 2009 E32 6/7 FINAL TABLE
  • wsop 2009 E32 7/7 FINAL TABLE

To say that Cada didn’t play well (until heads-up) and got lucky is an understatement.  His all-in with 22 was not smart and catching a 2 on the flop to beat QQ was just silly.  Of course, on the next hand, he sucked out on the river to eliminate Saout (after which, Darvin Moon can be heard telling Saout that it should be the two of them heads-up…..ouch).  Of course, Cada was too busy high-fiving his friends to hear this (or for that matter to make an effort to shake Saout’s hand).

Funny production note:  The final table lasted two days.  They played for 18 hours to get heads up, broke for the day and started again the next afternoon.  Yet ESPN tried to make it appear like it was continuos.

That was amazing: he was down to about 3.5 big blinds at one point at the Final Table and he came back to win it all.

Enough bagging on Cada.  Others didn’t play well, too, and Cada looked pretty sharp once heads-up.  Calling Darvin Moon’s semi-bluff (straight draw) was genius.  It’s easy to break it down and say that it was very unlikely that 10 helped Moon, but to have the cojones to call him down was great.

So we now have a new youngest Main Event winner ever.

I was so hoping Ivey would win.  I thought he played brilliantly.  Even when he laid down JJ to a smaller pair, I thought it was greatness.  If you can outplay your opponents, why get all your chips in on an early street with a call?  He who turns and walks away lives to fight another day.  Unfortunate for Ivey, when he did fight another day, his AK lost to AQ.  That might be the closest we ever see Ivey get again, but we’ll see a pro of his caliber win it some day.

WSOP

Posted by Dr Fro | November 10, 2009 9:35 PM
Filed Under Poker

I have a lot to say about the WSOP (which is done) but I’ll wait until you and I get to see it on ESPN (for me that will be tomorrow).  Without spoiling anything, let me say this:

AQ is a bad tournament hand.

Norman Chad has my back on this.

I did some math on the back of an envelope  during a lunch break today and determined that if you have AQ and are facing a raise:

- there are many hands against which you are 50/50, and in none of them should either player win much money

- For 62% of the other hands you face, you are an underdog.  For many of these, you are dominated.  In all of these, you face a possible situation where a card that helps you only helps your opponent more.  In other words, 62% of the time, your hand is a big fucking liability

-  For the remaining 38%, you are a slight favorite.  With hands like AJ and AT you could theoretically take you opponent’s stack, but I am not so sure.  They should be skeptical about you having them beat. 

So AQ is  dog against raising hands. 

But damn if people don’t love playing AQ like its un-freaking -beatable.

Book Recommendation

Posted by Johnnymac | September 18, 2009 3:12 PM
Filed Under Casino Games, Poker, Sports

With the advent of football season, I started reading this book again just for the heck of it, and I forgot just how good it is, FWIW, especially for basic explanations of probability concepts and calculating odds.

If you are a regular poster in the Covers.com forums who extols the virtues of “making money” with parlays and teasers, then you REALLY need to read this book.

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