KEVIN O'LEARY POKER Poker Player Kevin O'Leary
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pacing yourself

24/6/2017

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Today is a rest day. I was going to play the Wynn $1,100 event but have decided against it. I've been here for a week so far, and am 0/5 in events played. I'm not worried, and it's not uncommon to go four or five times that many tournaments without even a sniff of some money. Equally you can suddenly hit form and ping three cashes in a row. It's the wonderful nature of tournaments, especially those with big fields where all sorts can happen. You just need to be patient and try to consistently play well. I've gone deep into day one of most of the events, and lost heads-up in the WSOP shootout table I played, so I'm clearly still doing things OK, even if I'm not squeaking over the line just yet.

My scheduled trip is around three weeks of poker, so with the calendar I've set out, whilst I can simply hammer away day after day and play everything in sight until the budget is exhausted, there isn't actually any need to try to force things. What I don't want to do is play every consecutive day, and find I burn through $15k and still have a week left. This would then mean I then play anything else totally on my own dime, and whilst this is OK, I don't think it sits well when you play a package with investors, so I try to avoid doing it when possible and would rather space things out nicely instead so we're all funking together. No one likes to hear "yeah, I just cashed for $50k, oh, but that event wasn't part of the package..."

Also, being at least slightly organised, I factored a total of $19,500 of events in during the trip, with the schedule itself being $15k altogether. So whilst some are definites (mainly the WSOP ones), this means I can pick and choose a few of the others on the schedule and still have plenty to play.

The other aspect is that I preach (OK maybe advise) to people who ask me, that you don't have to play every event in every casino every hour of every day whilst you're here. A lot of players feel if they are not playing something every second then they are effectively losing money. I don't hold with this, and occasionally refer to the cautionary tale of a player I knew, who torched $12k in three days flat on his first trip here, because he played everything in sight, and as a result played tired and badly, and basically wasted his money. Hey, we're all different. If you have unlimited funds and don't give a shit maybe this is right for you.

I also am playing 1B of the WSOP Monster Stack tomorrow (this is a definite), so want to be fresh for that. I have some errands to sort and the rest of the day will be chilling and prep for tomorrow.
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