My uncle and aunt play a lot of poker. A lot of poker. It's basically their pastime, so whenever they're not at work, one or both of them has the laptop out and is logged into either PokerStars, PartyPoker, or any other poker site you could think of. Either that, or they're down at the pub playing at the Australian Poker League tournaments. Or, they're back at their place, playing back-to-back no-limit hold'em tournaments with 20 regular runners until the sun comes up. Needless to say, that mob really enjoys their poker.
(Before I continue, I gotta say how awesome it was to see such a strong poker community in an area such as Moe. Granted, there's fuck-all else to do there, but it was great to see so many keen players - the pub tournament on Good Friday had about 80 runners! That said, I couldn't get a 7-stud game started for the life of me, but that'll come another day.)
So over the four-day weekend, I easily played at least 40 hours of poker, with a reasonable degree of success. (I say reasonable because I hate tournaments, and/because I'm not good at them. This will change.) Over 40 hours of poker you get to know who the real poker players are. I'd have to say that there are probably four or five solid players who regularly attend the home game my uncle & aunt hold (all things considered, this is a decent number.) Now, when you talk about solid players, you can fit them into two categories:
- The "Lucky" Group. Most high-level pros fit into this group, and a lot of very good players fit in here as well. They're aware that any two cards can make the nuts, and they play to win. These are the Phil Iveys, the Gus Hansens, and the Daniel Negreanus of the poker world. These guys draw a lot, know how to exit a pot cheaply, and know how to extract a lot of your chips when they have the nuts. They might appear "lucky", but they've got the math and card-reading skills to pull it off.
- The Bad Beat Sufferers. These are the guys who only play the top 10-15% of hands, and for the most part they're tighter than a duck's arsehole. They play to not lose. Thankfully, they're winning players among low-stakes tables. If they weren't, they'd never come over to your table full of confidence in their "perfect strategy." If you've got one on your table, you can steal his blinds 90% of the time, as he'll only play 10% of his cards. I call them the "bad beat sufferers" because every single one of them has a story about some donkey who rivered him for his whole stack.
They suffer badly for this, because they usually commit themselves to the pot and are forced to play great starting hands in marginal situations. 
Bob then watched as people turned over their cards: K-K was there; there was an Ace in somebody else's hand, and a couple of completely rag hands that had no business being there. The guy Bob forced all-in had 6-2 offsuit, and caught a flush on the river. Bob was pissed.
So, to recap: Bob had called pre-flop for about $270, and got 4-1 against his Aces. Now here's the thing about A-A: when you've got 4 runners, you need to knock the bastards out of the pot to get it heads-up (three-handed at the worst). If you can't do that, you've gotta hit trips or a flush and hope nobody hits their flush or straight. Against 4 runners with completely random cards, you're probably getting pot odds to call, but I just don't like the idea of racing Aces when you're not likely to win. To make matters worse, it turns out that when he went all-in he gave the 6-2 guy 4.5-1 odds to make his flush. And Bob didn't even have a flush Ace!
I told him he should have avoided the hand altogether, because it was more likely than not he would be outdrawn. But Bob's a Bad Beat Sufferer, and they're greatest weakness is that because they play fuck-all hands, they're essentially married to anything decent. Then they vehemently defend their play with "I had Aces!" These are the same guys you hear about who "never win with Aces", and "are so damn unlucky" that it makes you wonder why they even play in the first place.
Conversely, I doubt a "lucky" player would have touched that hand. A "lucky" player doesn't have to take a stand like that, and even if he does, he's probably got the stack to handle losing and he'd do it for the pot odds. A "lucky" player will also have the kind of table image that discourages the kind of scenario you just read. Granted, you'll get a lot of action as a loose-aggressive player, but when you're in late position, you'll get limpers and folders to you, because you're too wild for 4 people to push pre-flop on you.
So I guess the moral of the story is that it's better to gamble often with smaller bets than once with your entire stack. Bob wouldn't have a bar of it, but he couldn't logically justify the play. I'd like to hear from you - please let me know if there's something I've missed.


by the likes of George Orwell, Ray Bradbury and Pierre Boulle. Sure, we may have our every step tracked by The Man, and there are starving people everywhere, but there have always been starving people everywhere, and I don't fear The Man because I have nothing to hide. You guilty bastards are gonna pay, and I'll be hanging out in my world of rainbows and kittens*.

