A Friday night loss!

Wow, I finally loss money on my Friday night game.  Its been like 5 months since I have loss on a Friday night.  Its hard to believe, but I forgot what it felt like to lose.  I checked my records and yes, its been like 5 months (some losses on other days, but not Friday night..!)  Why? you make ask.. I loss because I deserved to lose.. I played junk and so I taught myself a lesson..  Don't play junk!  While most people could not have laid don't my hands, it still teaches me that I should not play these marginal hands.  I lost $300 and only have myself to blame.  Here is the bad beat story...

First bad beat:  I have Q10 suited in spades in late position.  I called $2.  The button raises to $7.  One other tight player calls, so I call.  The flop is AJJ. Tight player checks, I check and the button checks.  The turn is a King!  I just hit the nut straight.  The tight player bets $20.  I think, did he boat?  I just call $20.  The button also calls $20.  The river is a 5.  The tight player bets $20 again.  So I just call and the button guy re-raises to $70.  The tight player folds, he says he has AK.  Not my turn to decide...  Only a boat beats me... there is no flush possibility.  I have the 2nd but hand...  There is allot of big cards, its easy to have a boat with AA, AJ, KJ, KK, etc..  I call...  The button rolls over AJ!   

2nd bad beat: I am in the big blind.  I have 74 suited in diamonds. It's an unraised pot of 5 callers.  The flop is 68Q with 2 diamonds.  One guy bets $10.  I call and one other loose guy calls.  The turn is a 5.  I just hit my straight.  I bet $25.  One guy calls and the other guy re-raises me.  I go all-in for another $30.  The other guy is also all-in.  I show my straight to the 8 with a flush draw.  The guy that re-raises shows 79, a straight to the 9.  I need to hit my flush.  The river is a blank and I am busted out!

 

New President

So we finally get our new President.  There is allot of excitement and fan fare about Obama.  I admit that I did not vote for him, but I think we cant do much worst then Bush turned out to be.  

Bush was really disappointing and while I did not support Obama, I am glad he is our President.  If nothing else, Obama will represent to the World that America can be truly great and compassionate.  

Obama does seem like a pragmatist and a centrist thinker.  Yes, he is left leaning and has some liberal tendencies, but he may turn out to be more like Bill Clinton, "the best Democratic President a Republican can ask for." then like Hillary, which would have been far worst.

The only thing that really bothers me is how the main stream media treats Obama.  The media just love Obama!  Yes, we all know that TV media are mostly left leaning, liberal Democrats but can't they try to be  more objective in their reporting.  The media cant say anything bad about Obama. But given the opportunity with Bush, they always portray bad news as negatively as possible with Bush.  

Now, I mainly watch the Business News Channels.  So I always see the media always trying to correlate the stock market to political events.  It is really crazy business if anyone really thinks there is a real direct relationship.  But the media tries and whenever Bush gave a speech, CNBC would show the Dow Jones average and always say that the Dow "dropped" after Bush's speech.  

Yet, when Obama won the election and the stock market went down, huge!!  The media was silent, only excusing Obama saying the market when down despite Obama winning because it was a "sell the news event.."  and people anticipated the election and sold on the news, after he got elected.   

Well, look at the chart right after Obama won the election, the Dow was crashed over 1000pts.. and within 2 weeks it fell over 2000pts.  The market said very clearly that it is not in favor of Obama.  I never mentioned the 2000pts drop during the summer when the polls where showing Obama winning.

It's no secret that most Wall Street, stock market players are conservative Republicans and would prefer a Republican in the Office.  So it should be no surprise that the market has gone down because of the fear of what a Liberal Democratic President would do.  

I have a simple theory to why the market started dropping since the Summer of 2008.  It was seeing the Obama was winning in the polls and  people in the market got scared.  Democrats are typically anti-business and pro-government.  So of course if you see this coming and have money in Stocks wouldn't you pull your money out too?  

Has anyone in the main stream media picked up on this observation?  No.... Even on the day of Obama's inauguration the Dow drops over 300pts and still you see no headlines that the market is disappointed with Obama's Presidency.  The media gives Obama a pass, but if Bush was still President they would say "the market tumbles on Bushes election"....  Media bias, it has to stop!

Wow! Pocket Aces 3 times in less then 1 hour.

I sit down at my regular Friday night game and my very first hand, pocket Aces! I am the small blind and there is one limper. I raise to $13 and everyone folds. Less then 15 minutes later, I look down and pocket Aces again? I raise to $15 and everyone folds. Early on most players play very tight. Then maybe another 20 minutes later I see pocket Aces again! I can hardly believe it. So I raise $13 and get one caller. The flop is a few rags and my continuation bet makes the one caller fold. I think my total winnings with my three pocket rockets was like $25.. I'm not complaining, any win is better then losing.. I think I am now the white chip leader.

Shortly later I get AK, I raise to $7 since I am tired of to getting no action. The flop is KQ7. I bet $20 and get one caller. The turn is an Ace. I bet another $20 and now the caller re raises me $50. Damn, I got top 2 pair, did this guy hit his straight? I call. The river is nothing and I check. He bets another $50 and I am hoping he has the same hand as me and I call. He shows me the nuts, J10...

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Now my stack is under $80. I continue to play tight. I hit a nut flush and build my stack to $130. Then I get pocket Queens and one guy raises to $10. I re-raise to $35. I get 2 callers. The flop is AQ10. One guy bets out $75. I go all-in, he calls.. He has AJ. The turn is a Jack and the river is nothing.. My set holds up and now my stack is over $300...

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For the second time in 2 weeks, the game breaks before 1AM. Everyone keeps busting out early and they start playing Ohama. I didn't feel my luck improving so I decided to keep what I made and left a winner!

"I dont like playing against you.."

Home from another solid night of poker. It was a slow start for me. I did have pocket Kings early, but no action to my raise under the gun. I did hit a set of eights and flopped one full house, with pocket jacks, jacks full of twos. Some guy with AJ and a nut flush draw called me down. He hit his flush on the river and paid me off.... The flop was J22 with 2 hearts. Turn was a 7 and river was a 9 of hearts. The moral to the story is to not chase flushes with a paired board. Its not worth it....

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The guy that paid me off (bobby) was the same guy that I felted (busted out) the night before. I had pocket Aces and he had pocket Kings. I also made a full house on that hand. I guess I just have this guys number. Before calling my pre-flop raise of $15 he said, "I don't like playing against you.." He should have folded, but instead he had to play this AJ suited.. He hit top pair, top kicker, with a nut flush draw.. I guess anyone else would have played it the same way.. To bad I had the only hand that beat him..

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At the end of the night I was up $225, pretty good for a Saturday night of fun...

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Current Stats

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Fast night, played 3 hands!

It was an early end to last night poker game. I started late after traveling 3.5hrs from Dallas. I got to the game a little after 9:00PM and waited about an hour to play. I only played 2 hands I got doubled up to over $250. People were busting out early and before 1AM the game ended. I netted $200 for the session. I will take it.

First hand was AK suited in spades. Some maniac raised $12. I smooth called. The flop is all rags, but 2 spades. He checks and I check behind him. The turn is a King. He bets $25 and I re raise to $50. He thinks then calls. The river is a blank. He checks and I bet $50. He folds and says "good hand.."

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A few minutes later. I look down to see two red Aces. A guy before me raises to $20. This generally indicates a really big hand. I re-raise him to $70. Everyone else folds and he goes all-in for about $150. I have him covered with over $200 in front of me. I instant call. He knows he is beat. On the flop I hit my set of Aces and the turn and river are Jacks. I have the 2nd nuts, only pocket Jacks beat me. The guy never shows his hand, but he said he had Kings...

I almost double up and now have over $500 in front of me.

Current Stats