The Ups and Downs of Poker from 2.6 Million to 5 cent 10 cent

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The Ups and Downs of Poker from 2.6 Million to 5 cent 10 cent

 

Poker is a fascinating game as the swings can be so severe. When your running good it's like your on the Top of the World but when the deck turns cold the fall can be fast. The other night I stopped at the M Resort on my way home to place some wagers and chill watching the games. The M poker room is set up right next to the sportsbook so if you desire you can play poker and watch all the sports action, which is just what I did. 

Being a Tuesday Night the poker room was not busy and they only had a 1-2 No Limit Game going along with 4-8 limit so I sat down at the 1-2 Game to pass the time. Much to my surprise I see a familiar face it was Poker Pro Scott Fischman playing 1-2 at the M at my table. Scott was nice as he was there with a buddy playing 1-2.  Scott and his buddy got into a side bet over whether or not a guy at the table made a call or a raise. The 2 went back and forth and decided to wager on it. 

I guy raised preflop to $6 and a guy behind threw in two $5 chips and Scott's buddy insisted that should of been a raise instead of a call. They went back and forth before making a bet on it. Once they agreed on the Bet I said it is not a raise because the one chip rule applies. Scott's buddy smartly there were 2 chips bet sir. I said the bet was $6 there are no $6 chips so it would take 2 chips to make that bet. By throwing two $5 chips in without announcing a raise it is treated the same as the one chip rule for a oversized chip, which is just a call unless a raise is announced. Well they decided to call the Floor Man they know at the Aria to make a ruling and the answer was exactly what I said...lol

But back to the story Scott Fischman who has 2.6 million in tournament earnings and was at the top of the poker world in 2007 is now grinding 1-2 at the M Resort. What was even more bizare is while he was playing 1-2 Live at the M he was online playing at Full Tilt from the table. I didn't know what level he was playing till I went home that night and logged into Full Tilt and looked him up. He was playing 5 cent 10 cent NL on Rush Poker...

Talk about the Swings of Poker!!

 

  • Yea, not sure hes bust or not, probably close to it wouldnt surprise me but a lot of these pros make side bets on how high they could build a roll online, thats why you see them playing these low limits. I saw Negreanu plaing .10/.25 on poker stars a couple of months ago

  • Yeah moachist, PLO8 is a great game, I actually like it better than regualr omaha.  Stud 8 is good too but for somereason I prefer stud only, and omaha 8 when it comes to playing both games.  Razz is a great game too, basically stud eight without the 8 required for a low.  I hate limit omaha, reg or high low, only will play pot limit.  Of course no limit holdem is where all the suckers sit.  Ironically the person who this blog is about is a big PLO8 player as well.

  • Love Love Love PLO8.  Absolute best game to make money in.  NL I am sure you agree.  It is easy enough to incorporate into your home game (try telling everyone you are gonna play Baduecy) and most people think they know how to play.   In my group of home game players, I will play this ALL night without any concern.

    Still love the Baduecy, Badugi, Badacy, O8, Razz-dugi, 2-7TD, a-5TD mix the best though.

  • Moachist I haven't played the other games enough to sit down at that game. I will play Omaha on occasion but NL Holdem is my game of choice...

  • I'm not one to dwell on bad beat stories, but this one sticks with me. Had A-K spades, flopped the nut flush. I make a pot sized bet, opponent shoves. I called, and he turns over 9-9. Now, the flop was 10 5 3. The turn and the river were both 5's. I almost punched my computer screen.

  • Flopped a set of 9's in a game last night and this hump calls 600 dollars with AK with a Q J 9 4 on the board and no flush draws and only the gutshot 10 saves him and hits it.  Suckouts happen all the time.  PLO8 is the greatest game ever and my favorite cash game to play.  Scott is still a full tilt pro but he is not playing nickel dime to attract players to play low limits, 90 + % of online players play small stakes so not much need to attract action, the reality is that he is broke and has been for a few years now even after he finished 6th in WSOP europe main event a couple years ago, in which case he was broke before that as well.

  • Moachist-- I hate PLO, for the most part.  I used to play in a mixed game of NL Holdem and PLO (hi) but I hate split pot games, unless I'm playing for peanuts.  Too many ways to lose.  

  • I sent this out on www.twitter.com/RJinVegas and people loved it!

  • Hey Tara - If you are afraid of a 4 outer beating you, try regularly getting it all in playing PLO where you often have the nuts and are behind.  People can have 18 outs against you twice....  Played last night at Horseshoe in Indiana and the PLO game was wonderful.

    Still like ANY split pot game though.  

    Marco - Ever play in that 12-24 Aria draw game mix?  Awesome stuff.

  • Tara.....it may be but it still happens. I actually don't go into thinking I'm gonna lose like many do. Ppl think I'm nuts when I play as I laugh off bad beats and generally don't show any negative emotion. It really screws with them as they think I don't care about the money. Often have played 1-2 with $4-5k in hundreds in my pocket and am not shy to show I have the roll. Good times.....

  • Deal! ;)

  • Tara you got it and next time your in Vegas I expect you to sit down and do a Video podcast with me...We can do the podcast the following day so you'll be able to tell everyone how you schooled me at the poker table on the podcast...

  • Fischman is a sponsored FT pro, they encourage their pros to play lower stakes as well in order to keep people around.  I'm not saying he is flush with cash, but this could be part of the reason he was playing 5 cent 10 cent as well.

  • Marco-- I'm not a high roller, so next time I'm in Vegas, I expect you to sit down at the 1-2 table again, so I can take a few chips off of you.  

    jaybiz--- It is all in your head.  Next time the other guy has two outs, think of a totally random card... just don't think about the two he needs!

  • I have been burned by so many two outers, I should be in the Guiness Book of records.

    92% is never good enough...