Day-15 - 25th June - A Very Good Book

Submitted by: snoopy on Thu, 23/03/2006 - 6:56pm
 
It's the $5000 Omaha Buy-In today (and double top up!) today, everyone is talking about the real cost of this tournament and general consensus is that it will cost between $15,000 and $25,000 even for the averagely cautious player. I don't play Omaha anymore, even though I made the 2 finals last year, at the Vic and in Paris.  I find it easier to study 1 game and NL hold'em obviously first choice. I've spent the day on my own today, reading my Dan Harrington book, which is absolutely excellent by the way. I've also got the day off tomorrow so I'll take the opportunity to relax again. Realistically, for a stay of this long, a hotel room is not really suitable, the guys who hired apartments have got the right idea. When my partner in crime, Nick arrives on Thursday, I'll talk to him about maybe buying a place out here, you can still get something for just over 100k, and with the expenses etc of hotels, it will pay for itself and be a more confortable habitat. Average properties in Vegas have been increasing at 54% per annum for the last 5 years! If you want to play the 3 Bellagio tournaments, the WPT Mirage Showdown and the WSOP its works out at nearly 15 weeks in Vegas per year. America is really the place to play poker, its all about getting value for your expenses. For example, the recent Head-Up in Barcelona was effective 2 reasonable tournements (1000 and 2000)  with a combined prize pool of 400K over 9 days, its just not economical to play there in my opinion. In contrast, if you come to the Festa De Lago for 9 days, you can play 6 tournaments with a total prize pool of 10m, there is no comparison. My last thought of today is the contrasting styles of poker over here, you have the players who sit tight and wait for a double up, but are always average chips at best, or the very aggressive players who either get chips or bust out early. Poker theory says that the most proftable method of playing is the opposite of your opponents at the table, so surely super-aggressive is the way to approach the main event??? At least this way you can get enough chips to take a few bad beats or lost coin-flips against shorter stacks. Everyone I have spoken to is telling me how tight they are going to play, that's a lot of blinds and antes available for the aggressive players like Negraneau and Co.