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Tommy Angelo : The Benefits of Going Broke

published almost 3 years ago

I’m in Vegas right now doing a three-day coaching program with a new client. At the end of day one, we went downstairs to the poker room at the Venetian to play some poker in the same game, for mutual observation. The plan is that I watch him and take notes on things he does and doesn’t do so that the next day, up in the room, we can talk about changes he could made that would make him more money. These changes range all the way from how, when, why he looks at various things, to what he says and doesn’t say, to what he thinks and doesn’t think, and more. The other reason we are there is so that he can observe me as I demonstrate behaviors and attitudes that build a strong aura of confidence and shamelessness thereby planting seeds of doubt and fear in the minds of the opponents while also making it more fun to play and increasing the percentage of A-game.

Well it so happens that one of the things that most people could do better at at no-limit is go broke. And in this area, it would be dishonest for me to feign modesty. Maybe it’s because I have so much experience at it, but going busto is something I am VERY good at. So much so, that when I get felted, I consider it a positive EV situation for me. See that poor pitiful player over there stacking up all my chips? Little does he suspect that he just gave me an opportunity to flaunt my imperviousness. Touche! I think, while not wincing. Take that!

Last night, we played $2/5 no-limit hold’em, and I bought in for the minimum: $200. On the first significant hand I played, I lost all my chips. I was ready. I demonstrated perfect non-reaction to getting beat on the river after my money was in the middle and my cards were face up. I demonstrated perfect rebuy form with the chips I had in my pocket. I demonstrated perfect calm and tiltlessless during the following hands. In short, my client got a good show. And my solid image was solidified.

On break, I called my wife to get caught up on our days. She likes to know the score, and toward the end of the conversation, she asked, “How are we doing in the game?”

I told her about going broke early, for the minimum buy-in of $200, and that it was great because the client got a good lesson from it.

She said, “I’ve noticed that you often seem to go broke early on when you’re with a client, and then you always say that it was good that it happened, for the client’s sake.”

I said, “Yeah, I think you’re right, there’s a pattern here.”

She said, “I think you should raise your fee $200.”



AmityDewey

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360 posts
Joined 12/2008

I think there has to be a tax deduction in there somewhere at least. Great article!

Posted almost 3 years ago

Squishee

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1374 posts
Joined 01/2008

AMT

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Coach
2070 posts
Joined 01/2008

Appreciated on many levels. Thanks for this article, Tommy.

Posted almost 3 years ago

Nebulosity

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401 posts
Joined 05/2008

I misplayed a hand terribly in a session today and did some thinking on what went so wrong and how to play it differently. While I didn't get felted, this article did ease my mind a bit. Thanks Tommy

Posted almost 3 years ago

Zanardi

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538 posts
Joined 10/2009

So.. what are the benefits of going broke, beside the fact that everybody sees that this doesn't affect you?

Posted over 2 years ago

Joeyg50

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441 posts
Joined 05/2009

Good article I hope I dont have to use this advice too soon or often.

Posted about 2 years ago

Joeyg50

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441 posts
Joined 05/2009

So.. what are the benefits of going broke, beside the fact that everybody sees that this doesn't affect you?


In the long run people will see u as a solid player. It's good for your image to rebuy and show busting out means nothing to u.

Posted about 2 years ago




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