Monday, November 23, 2009

How Not to Lose Two-Thirds of your Chips in 1 Night

Play tournaments that cost 3% of your chips or less. If you prefer to play the game tables instead of tournaments, read the list below.
  1. When you're not in a tournament, make sure you have a fixed amount of chips in your head that you are willing to part with. If you pass this amount, quit.
  2. If you lose a lot of chips on a table and go to a more expensive table to recover your chips, quit when you recover them.
  3. If you lose a lot of chips on a table, go to a more expensive table and lose more, refer to #1.
  4. If you are on a 'big table' and are surrounded by players with millions more chips than you, win early then leave, or just leave.
  5. If you think you are having an unlucky night, end it early.
I was once warned by a friend that Zynga's Texas Holdem game has a tendency to favour players with the most chips. I was not convinced, and I kept winning. I did not think about it again until I lost 2/3 of my chips in 1 night.

When we play tournaments, we should play the ones that we are good at. These are the ones where the buy-in is a 'comfortable' amount. When you look at the profiles of the other players in the tournament, you will be one of the ones with the most chips. I knew this but I didn't connect it with what my friend told me...

Tournaments are a controlled environment, and as a result, they are more predictable. When we are not in a tournament, and playing on the big tables, there is less structure. You must always be aware of who you are playing against because if they have much more chips than you, then you have much more to lose than them. 

When I play on big tables, I am usually one of the ones with the most chips at the table. I also knew this, but I didn't connect it with what my friend told me...

Also, we have a natural desire to try and get back what we lost. But if what my friend says has any truth to it, this may not be possible against rich players. Go to a different table, and be the big fish there. Make your living taking chips from those with less or about the same amount of chips as you.

This may be the most important lesson you learn about facebook poker.
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2 comments:

  1. Thanks for the read. Too late though. I already lost 50% of my chips in one game. It was a stupid mistake I could have converted into a lucky one. And I could have at least placed third if I did not buckle 3 times. Constantly thinking about how high the buy-in was seriously affected my play. So may I add:

    6. If you accidentally play outside your comfort zone, forget about the mistake. Don't let the buy-in amount affect your decisions. Just play your normal game.

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  2. Thanks for sharing Tricia.

    This is a very good point about tournaments. It could actually form a whole Post by itself, and probably will.

    It's the best advice, but I must admit, it is very difficult to ignore how much a tournament buy-in costs you. The most comfortable tournaments to play in are the ones where if you lose, it bothers you that you lost, but doesn't affect you too much financially (overall chips).
    The buy in amount and the payout are always on our mind, but if you can block these things mentally, you are going to be a very formidable player.

    Accidents happen. But you will earn your chips back slowly but surely.

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