Iyad Atuan investing insight Headline Animator

Monday, July 09, 2007

A letter to my friend

Hey Steve,

That night that we met at Niagara I left with $200 profit. Then, I went there on Saturday with some friends because they wanted to gamble on such a lucky day (july 7, 2007 – 7/7/07 7+7+7=21) but that night I felt like trying the $2/$5 after your advice.

I was quite for awhile studying the dynamics, then I went up to $500 then down to $100 ( I filled it to $200 twice, so I had invested $400) then I went up to $900 and then i played a hand very bad, here are the details:

I had QJs, I raised to $20 and 3 guys called,

At the flop one asian guy opened his eyes wide open when he saw the flop so I knew he got a monster hand.

so then I checked the flop, it was TQ5

so everyone checked to me, I bet $35, the asian guy raises to $70, the next one reraises to $140 and the third guy calls it, so it is back to me, I analyse so I put the asian on QT, the second guy on AQ and the third on Q and some low card. So obviously after the tell and the reraises I should have fold but for some unknow reason I called.

At this time there was $500+ in the pot, the turn comes something useless, the asian bets $100 everyone calls so there is like $800 in the pot and even though I know I am beat I call, the river is an ace, asian checks , second guy goes $200, third calls, I say what the f@#$ and I call and asian calls.

Results, asian had pocket 10s, second guy had AQ(I got it 100% right, it made me so happy, third guy mucked)

So from there I was on a tilt, I went up to $410 and then my friends wanted to leave…so I made $10….hurray

I had mixed feelings because I knew exactly what was going on but till now I don’t know why I wasted close to $500 on that hand. The good news is that I could have made $500 easily J

Ok see ya at the tables before Aug (I am going to Chile for Aug before I start school, and will try the casinos in there and let you know)

~EV

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