Day-16 - 26th June - 10 Bracelets For Mr Chan

Submitted by: snoopy on Thu, 23/03/2006 - 6:58pm
 
Starting to see more familiar faces around here now, Laurence Gosney, Vicky Coren, Willy Tan, Paul Testud to name a few. Last night history was made, Jonny Chan won his 10th WSOP Bracelet when he beat Phil Unibomber Laak is the $2,500 PL Hold'em final. He has now overtaken Phil Helmuth who has just the 9 bracelets.  The American actress, Jenniffer Tilly (who is Phil Laaks girlfriend) won the WSOP Ladies Event. The big guns seem to have had a good WSOP with Barry Greenstein, Eric Seidel and TJ Coutier also winning bracelets. On a 9 handed table yesterday, in the PL $2,500, there was Phil Helmuth, Jonny Chan, Phil Laak, Barry Greenstein and Phil Ivey, imagine sitting at that table and trying to steal the blinds! It is noticeable that some of the poker superstars have been absent from a lot of the events, preferring to play the large cash games that going on. I suppose these guys can't get up for a $2000 buy-in events anymore when they are playing 4000-8000 blinds with a 1000 ante! One thing that continues to puzzle me about poker players, hardly anyone admits they are a loser, especially online. Ask anyone at random here, and I'll give you $100 for anyone that admits to you that they are losing on the side action here, or losing on online, if you give me $5 for everyone that says they are winning. I am definitely an observer here, I'm not really part of the hardcore poker community, but I am enjoying observing, once I have played an event, the last thing I want to do is see another 2 hole cards, which puts me in the minority as most people are straight onto a cash game or a satelitte, within minutes of their tournament exit, hoping for a change of luck. It's the $2000 NL tomorrow, which will pull over 1000 entries+, $500,000+ to the winner but 900 people $2000 lighter in their pockets. Dan Harrington says that when a top player purchases their ticket, they have at least 4 times more chance of making the money than an average player, therefore mathematically their ticket is immediately worth $8,000 (less the 3% casino rake), an astute investment, and an interesting theory. Chris Moneymaker give us average players the delusion that keeps us buying these entry tickets to feed the casino rake and the top players pockets, when if fact, we are just gambling against much more unfavourable odds than we could get on roulette table. Coming here has really helped me understand how poker tournaments operate, they are like the lottery, the top players know what the first 2 numbers coming out are, but we can still outdraw them with our random 6 numbers, a combination of our families birth dates and our lucky numbers! Sometimes this happens, which misguides us. The only answer is to improve our games or we will continue to feed the system in which the fittest will ultimately survive, or we could get a lucky win.