First, I haven't played as much or studied as much recently due to work. I also haven't been able to work on my Chris Ferguson challenge, but I haven't forgotten and will get back to it at first opportunity. Now onto the main focus of this blog.
I came to PSO to become a better poker player and I think I am on the right track, but I still make mistakes, and I have a lot to learn. Recently, I took numerous bad beats at Poker Stars and go figure, I went on tilt. I then made a critical error and entered a Sit and Go at a much higher limit than my bankroll could survive. I used faulty logic to rationalize playing at that limit along the lines of, I'll get my money back, no donkey's here, etcetera.
While waiting for the SnG to fill up, I decided to review my Poker Journal (thanks Al, lots of good advice in it) and I realized once again that I had been overplaying my big hands and I hadn't really been paying attention to the bets my opponents were making. I also realized what a big mistake it would be to play at the higher limit because I could potentially cripple my bankroll. I immediately reached for my mouse and went to click on the unjoin button, but it was too late, the SnG filled up and would now start in two minutes.
Now onto the lessons learned;
1) Bad beats should be expected and the sooner we recognize we are on tilt and deal with it, the sooner we can get back to playing solid poker. Use your poker journal to document your play and also to document your tendancies when you realize you are on tilt. This way, you can start recognizing it sooner, and you can deal with it in a more positive way.
2) Money management is of supreme importance, and playing within limits can help you survive being on tilt, so don't use faulty logic to rationalize going up in limits. Instead, come up with a money management plan, stick with that plan, and don't move up in limits until your bankroll is of a sufficient amount to play them.
So you are probably wondering what happened in that SnG and instead of telling you a long drawn out story of how it played out, lets just say it Coulda been ugly.