Tuesday, September 9, 2008

It had to end...now what to do about it?


No worse feeling in the world...Well, a few, but it still hurts.

It could have been worse, as I made back $20 of the $40 something I was down earlier in the day. But, I still posted my first loss of the month. I am still within my goals for the month ($10 a day, and $1 an hour), but it does hurt.

So, what went wrong? My draws never hit, my great hands were beat by miracle rivers, and MOSTLY, I loosened up my standards. I started playing more hands, staying longer, and gambled more. It is funny how the "Tip of the day" post that I make always seems to apply that day. To say I tilted would not be technically accurate. BUT, I certainly did let the cards play me. I did do a couple things right. I was able to resist the temptation to chase money. When I lost my buy in, I saw the writing on the wall, and did not re-buy. In my frame of mind, I would either need to get lucky, or that money would be flying south as well. I did my usual hit and run style to get back some of what I lost.

So, let's talk about this hit and run strategy...I have an episode of Maverick running in the background. One of the many quotes has Bret saying, "Sometimes, it amazes even me what I will do for money". That's kind of how I feel about it. I am winning money doing this. I can justify it mathematically (hopping in and out quickly makes my hourly rate soar). But, at the same time, it implies a lack of skill. I am not able to sit at a table and dominate it for hours on end. I feel guilty, but it works.

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