Took it down but now I need advice

straytfrush

straytfrush

Rock Star
Silver Level
Joined
Jun 7, 2009
Total posts
487
Chips
0
Won a $16 qualifier to a $530 Aussie Millions Sat. For every $12,592.00 in prize pool one package including buy-in, 5 nights accomodation and $1k in cash at the Crowns Casino. This has a fairly steep payout structure, 5% of the total contestant pool will get a package.

To get there I must admit I had to run very well. Although I didn't ever suck out, I obtained a comfortable lead from where I was able to be very selective folding KK and AA several times near the bubble. At the moment I don't really need the $530 in my account although it would be nice. I would love to take a shot and get the experience of a lifetime, but it could just be a big waste of money if I lose. In addition should I win, I do not have live experience outside playing with friends, due to me being under 21.

Has anyone played qualifiers of this type in the past? The only people registered for the tournament on Jan 2nd are the people who won seats with me, I have just about all of them tagged as solid players. Is the play in qualifiers generally so good I shouldnt bother?

TL;DR am I wasting my time? If I win I would love to go but all of my poker experience is online, this is a live event. Sat is filled with solid players, payout structure is extremely top heavy. I won't be playing scared money I can afford to lose
 

Attachments

  • aussie millions sat.JPG
    aussie millions sat.JPG
    29.5 KB · Views: 132
N

Niantic

Rock Star
Silver Level
Joined
Apr 16, 2010
Total posts
189
Chips
0
I'd say that if you have the patience and feel comfortable on the day where the qualifying round is being played, then play it!
If you're not feeling comfortable that day then you should stay away from it, and maybe play it another day.

The field will be fairly good/extremely good players, and if you don't feel comfortable, you won't be able to play your A-game.

Regards! :)
 
shinedown.45

shinedown.45

Legend
Silver Level
Joined
Aug 18, 2006
Total posts
5,389
Chips
0
Play the game, if you lose, you're out $16.
If you feel uncomfortable thinking about playing, take the T$ and play more money tournaments, really depends where your bankroll stands IMO.
 
tusabes

tusabes

Rock Star
Silver Level
Joined
Mar 28, 2008
Total posts
243
Chips
0
Do you play poker for a chance at life changing money? If yes, than play. I know you didn't register and plan on losing this satty tournament. Didn't you sign up b/c you thought Aussie Millions sounded cool?
Don't let the money be the deciding factor. $500 is only part of the equation. Really it's only $16. Those other players probably have you noted as solid too. You'll be playing with peers. Nothing to be intimidated about. Play your ass off and win.
 
suit2please

suit2please

Visionary
Silver Level
Joined
Jun 30, 2008
Total posts
832
Chips
0
Id say its simple bankroll management. If a $530 buyin is out of your BRM then take the $T.
 
straytfrush

straytfrush

Rock Star
Silver Level
Joined
Jun 7, 2009
Total posts
487
Chips
0
It's definitely out of my BRM, that's why I tried to satellite into it. Thanks for the encouragement I thought I was decided on playing it until I looked at the dates : / The tournament runs through the first week classes start for the new semester. Obviously should have paid more attention to that to begin with, thanks for the kind words. Still a nice BR booster.
 
Poker Orifice

Poker Orifice

Fully Tilted
Platinum Level
Joined
Jan 19, 2008
Total posts
25,596
Awards
6
CA
Chips
968
Those other players probably have you noted as solid too. You'll be playing with peers. Nothing to be intimidated about. Play your ass off and win.

Pretty sure they won't be the only ones in the satty (for starters).
Also, pretty sure that they'll know whether it's out of your typical buyin range (for any regs. you'll be a random & will likely run ur stats to get an idea).

Not sure if this was on Stars? (guessing it was)... I know that on Fulltilt in those large buyin sattys you get a mix of players -> some of the VERY BEST mixed in with some HUGE donks.

cool win for $16 imo..WTG!
 
SavagePenguin

SavagePenguin

Put the win in penguin
Bronze Level
Joined
Jul 10, 2007
Total posts
7,594
Awards
1
Chips
3
So this basically pays 1 in 25 players, right?
That means you have to make the top 4%, and a typical tournament pays about the top 10%.

Basically, you need to play to go deep, as finishing in the top 7% will get you nothing.

You finished in the top 3% to win your satellite, so it sounds like you were doing something right.

As for if you should go for it, that's a personal decision. Traveling the world to play in a big-money tournament seems like a blast. But personally, I think I'd get eaten alive in a live game like that. I wouldn't get $13k worth of enjoyment out of the trip (unless a miracle happened and I cashed).
 
E

Ernster86

Rock Star
Silver Level
Joined
Jan 11, 2009
Total posts
247
Chips
0
take the money and play smaller tourneys and build your BR. You could get knocked out 1st hand for all you know.
 
straytfrush

straytfrush

Rock Star
Silver Level
Joined
Jun 7, 2009
Total posts
487
Chips
0
You finished in the top 3% to win your satellite, so it sounds like you were doing something right.

As for if you should go for it, that's a personal decision. Traveling the world to play in a big-money tournament seems like a blast.

I've done a lot of studying at the dragthebar and elsewhere for satellite and bubble situations. I think I can play pretty decently even against good players, but with such a top heavy payout I'd need a lot of luck.
 
P

paumarhas

Visionary
Silver Level
Joined
Jun 8, 2008
Total posts
682
Chips
0
wow and congrats.
if it were me i'd go for it, how many chances do you think you'll get.
if you can sateliite in that would be the best thing to do.
otherwise would you be able to do it?
go for it and win.
gl and peace....................:D
 
straytfrush

straytfrush

Rock Star
Silver Level
Joined
Jun 7, 2009
Total posts
487
Chips
0
I'm taking shots at other sats that have a seat gauranteed not just entry to a higher buyin. FFS these people are terrible. 7 left and someone calls my utg all in with QJs from mid position risking 80% of his stack? So many terrible players, but the beats in these are both incredible and expensive so I can't afford too many shots.

I'll play a few more and hopefully end up traveling off somewhere :santaclau
 

Attachments

  • brazil almost.JPG
    brazil almost.JPG
    19.5 KB · Views: 92
cardriverx

cardriverx

Legend
Silver Level
Joined
Oct 5, 2010
Total posts
1,441
Awards
1
Chips
0
yeah that would be a life-time experience. If you didn't have classes I would've gone for it.
 
bonflizubi

bonflizubi

Visionary
Silver Level
Joined
Jul 7, 2008
Total posts
575
Chips
0
It's definitely out of my BRM, that's why I tried to satellite into it. Thanks for the encouragement I thought I was decided on playing it until I looked at the dates : / The tournament runs through the first week classes start for the new semester. Obviously should have paid more attention to that to begin with, thanks for the kind words. Still a nice BR booster.

smart choice. There will be plenty of studs paying cash money to play that satty come sattelite day- not just sattelite winners.. and you will be a decided underdog in that game. Also, the aussie Millions is a sharkfest to play in - it's not a huge field and loaded with pros. Honestly except for a trip to Aussie land you might as well burn the money if you won and went.

Also, you complain about all the bums in the LAPT satty- but I see Ramux was way in teh CL with 3 left from your screenshot.it. Ramux=poker god with an insane amount of wins and cashes.

FWIW, if you id play the $530, play tight as hell early -as without the goods teh regs in that tourney will likely have the goods. I played a few $600 to the PCA sats a couple of years ago, cluelessly. When I happened to review the HH this year at random I realized 4 of the other players at each table were superb players, I just didn't know who they were at the time...
 
TheKAAHK

TheKAAHK

CardsChat Elite
Silver Level
Joined
Feb 2, 2009
Total posts
5,266
Awards
8
CA
Chips
832
Id say its simple bankroll management. If a $530 buyin is out of your BRM then take the $T.

Ok, I see this all too often and I just think this is horrible advice. True, $530 is out of his BR, and according to BRM he shouldn't be playing in such a high buy-in, but in reality he is playing with $16 which is within his BR. These satty's are there so that players with a low bankroll can get into higher buy-ins without risking the full buy-in. If you feel confident in your play and deside to take the shot at the satty in the first place, then by all means play in the event you won your seat into. Why bother playing a satty to a higher event if you do not intend to play in it because it is outside BRM?

take the money and play smaller tourneys and build your BR. You could get knocked out 1st hand for all you know.

Again, OP is esentially playing with a "free" $530 buy-in. By that logic he should have taken the origional $16 and played smaller games to build his roll...

And as far as getting knocked out on the first hand: It can happen in any game you play regardless of the buy-in. This is akin to saying "You could step out your door and get hit by lightning for all you know". True, it is possible, but is it really a realistic point of worry?


yeah that would be a life-time experience. If you didn't have classes I would've gone for it.

I agree. Just playing in the Aussie Millions, regardless of how many sharks there are, would be just incredible. But in the end, I suppose you (OP) did the smart thing. Your classes are important. The AM plays every year and if you were able to satty yourself into the qualifier once, then there is no reason you won't be able to be able to do it again next year.
 
bonflizubi

bonflizubi

Visionary
Silver Level
Joined
Jul 7, 2008
Total posts
575
Chips
0
Ok, I see this all too often and I just think this is horrible advice. True, $530 is out of his BR, and according to BRM he shouldn't be playing in such a high buy-in, but in reality he is playing with $16 which is within his BR. These satty's are there so that players with a low bankroll can get into higher buy-ins without risking the full buy-in. If you feel confident in your play and deside to take the shot at the satty in the first place, then by all means play in the event you won your seat into. Why bother playing a satty to a higher event if you do not intend to play in it because it is outside BRM?



Again, OP is esentially playing with a "free" $530 buy-in. By that logic he should have taken the origional $16 and played smaller games to build his roll...

And as far as getting knocked out on the first hand: It can happen in any game you play regardless of the buy-in. This is akin to saying "You could step out your door and get hit by lightning for all you know". True, it is possible, but is it really a realistic point of worry?



I agree. Just playing in the Aussie Millions, regardless of how many sharks there are, would be just incredible. But in the end, I suppose you (OP) did the smart thing. Your classes are important. The AM plays every year and if you were able to satty yourself into the qualifier once, then there is no reason you won't be able to be able to do it again next year.

Sorry, but you are more than 100% wrong. It's not a *free* $530 buyin. It's worth $530 cash money. It's the equivalent of saying *you can play in this tournament here for no entry fee, or I can give you $530 back for not playing.* THere is a reason many people play sattelites other than to get into the target event - and that is to play them for the $T, because that $T has true value and is now part of his bankroll.

IF he wants to play, that's his choice. But if he doesn't have unlimited funding, playing 50 @$10 or even 10 $50's is a hell of a lot smarter. THere is a reason that any article on BRM that is half decent is pretty clear that, assuming it's exchangeable/ unregable into $T or the like, you take the $T unless playing the target tourny is in your bankroll. The same principle holds about NOT playing the satty if you can't unregister when you win.

Why is this setup this way? The idea is that your time has value and you should spend your time playing at the optimal stakes where you expect the highest ROI. Doing anything else is in the long run burning money.

Playing that $530 is most likely burning money. But like I said, if you have the money to burn, feel free, lord knows I've played way outside BRM *rules* and profited ridiculously from doing so... but at the same time I've only done it when I could afford not to play within those rules.
 
TheKAAHK

TheKAAHK

CardsChat Elite
Silver Level
Joined
Feb 2, 2009
Total posts
5,266
Awards
8
CA
Chips
832
Sorry, but you are more than 100% wrong. I'm not, but thanks for being nice about it. :)

It's not a *free* $530 buyin. It's worth $530 cash money.
You're right, it is. But the intention to use $16 to satty into a larger amount means he is essentially freerolling with the difference.

It's the equivalent of saying *you can play in this tournament here for no entry fee, or I can give you $530 back for not playing.* THere is a reason many people play sattelites other than to get into the target event - and that is to play them for the $T, because that $T has true value and is now part of his bankroll.

This may be true for some cases, but this is not why OP played this satty. He played to get into a large buy-in tourney that he could not afford to buy into otherwise. In this particular case he could not play due to school conflicts, but the intention was there none the less.

IF he wants to play, that's his choice. But if he doesn't have unlimited funding, playing 50 @$10 or even 10 $50's is a hell of a lot smarter. THere is a reason that any article on BRM that is half decent is pretty clear that, assuming it's exchangeable/ unregable into $T or the like, you take the $T unless playing the target tourny is in your bankroll.
I can see your assumptions, as I have read many books and articles as well, and i fully understand the concept. But again, this was not the origional intent when OP registered in the first place.
The same principle holds about NOT playing the satty if you can't unregister when you win.

Why is this setup this way? The idea is that your time has value and you should spend your time playing at the optimal stakes where you expect the highest ROI. Doing anything else is in the long run burning money.

Playing that $530 is most likely burning money.
If he is playing well enough against soome of the reg's to get into them, how is it burning money?
But like I said, if you have the money to burn, feel free, lord knows I've played way outside BRM *rules* and profited ridiculously from doing so... but at the same time I've only done it when I could afford not to play within those rules.

All in all, I can see the point you are trying to make, but if you continue to read this thread you will see that OP is playing these satty's with the intent of playing the large buy-ins if he wins his place into them. So, not to be an ass about it, but you really need to understand the situation a little clearer before you go off and insult me like that.

in this particular case he did end up taking the tourney $'s but if he could have played he would have. I understand that players play satty's solely for the tourney $'s, but this is not the case we are presented with here.

I'm taking shots at other sats that have a seat gauranteed not just entry to a higher buyin. FFS these people are terrible. 7 left and someone calls my utg all in with QJs from mid position risking 80% of his stack? So many terrible players, but the beats in these are both incredible and expensive so I can't afford too many shots.

I'll play a few more and hopefully end up traveling off somewhere
 
R

RamdeeBen

Legend
Silver Level
Joined
Aug 9, 2010
Total posts
7,745
Chips
0
If you're playing a $16.00 sat then I'm guessing your bankroll is actually quite a good one? $1400+? As you stated you don't "really" need the money in your poker account it seems a no brainier to me! That's like me saying I don't need $1.00 in my account for the limits I play but if it was $500.00 then I certainly would!

For someone like myself, a micro player $500 would be a HUGE bankroll booster so I'd consider keeping the money, HOWEVER you did sign up with the intention of getting a tournament ticket, surely not to just cash it as it would of made more sense signing up for some $16.00 SnG's and cashing the same amount.

I think now you're thinking

"It was a long shot and I gave it a shot to qualify but in all honestly I didn't expect to win it"

Now, because you have got your ticket and $500.00 is a good lot of money you're tempted to turn into tournament dollars.

If I played a sat which I was bankrolled for and won a ticket I would most probably take the next step. There have been many success stories who have turned 5fpp's into a 10k entry into tournaments and so on. Then there are people like moneymaker and plently of people who have gone deep and even won the Sunday million through qualifying in a sat..

Like many say it's actually only $16.00 you would be losing, not $500.00 and as I keep saying or rather you said. It really wouldn't make much difference if you had the $500.00 or not which leads the the easy conclusion of playing it!

Go for it!!! :)

Gratz btw.

Edit: I tell you what, I'll give you double what you paid for it! That way you're not losing out if you busto and your getting a decent 100% ROI. People would say that's a brilliant ROI% to be getting. ;D
 
Last edited:
straytfrush

straytfrush

Rock Star
Silver Level
Joined
Jun 7, 2009
Total posts
487
Chips
0
I played it with the full intention of winning. It is out of what one might call smart bankroll management, but I don't mind taking a few shots every now and then. I usually seem to be rewarded pretty handsomely when I do :p I just don't play more than I can afford to lose.

In a situation like the satellite I knew the play in these is pretty weak for the most part, in addition the payout isn't too bad when you factor in the imbeciles continously rebuying to a 3k stack with blinds of over a thousand. I did originally play it with the intention that I would play in the next round, but the more I think about it I think it would be an improper choice. I disagree that it would be burning money because I maybe overconfidently think I can play pretty well and I still would have a good time having a go at it. $500 is indeed a good lot of money and taking a shot at a pro infested tournament with a 4% payout is a little too much of a gamble for me.

If I did not have classes beginning, I think I still would just add it to my BR and try to turn it into some more money later on. After signing up at dragthebar and doing a lot of studying I seem to be doing quite well and feel like adding that kind of money to my BR would be extremely beneficial.

I definitely plan on taking shots in the future but I might be sticking to qualifiers that have a package as a prize. I'm not sure what exactly you mean in your edit ram, but thanks for the input.
 
straytfrush

straytfrush

Rock Star
Silver Level
Joined
Jun 7, 2009
Total posts
487
Chips
0
Maybe i lied:p can't resist the cheap qualifiers with all those weak players.
 

Attachments

  • lapt 500.JPG
    lapt 500.JPG
    22.9 KB · Views: 30
TheKAAHK

TheKAAHK

CardsChat Elite
Silver Level
Joined
Feb 2, 2009
Total posts
5,266
Awards
8
CA
Chips
832
Very nice strayt! Keep it up, you're killin 'em!
 
bonflizubi

bonflizubi

Visionary
Silver Level
Joined
Jul 7, 2008
Total posts
575
Chips
0
For theKAAHK-

the low buyin supersats might be full of monkeys, but the $500+ sats to the actual events will be full of stud regulars who buyin direct for the $500- and the competition will be incredibly more difficult. That is compounded further if he doesn't know who those studs are.

I'm not against the kid playing the seat satellites for the $500, totally up to him. But he should be aware that it will be a much tougher field than he expects. That said, if he can ship 3 or 4 seats and then wants to say WTF and play, I really don't object. I've done the same and had I not done it you wouldn't see that big score posted.

My only points were that it's shitty BRM, if you want to follow BRM... and the final satty's will be shark-fields unlike the super-sats.

Clearly he wasn't playing with BRM intent, and that's fine. Wise? his decision.
 
TheKAAHK

TheKAAHK

CardsChat Elite
Silver Level
Joined
Feb 2, 2009
Total posts
5,266
Awards
8
CA
Chips
832
For theKAAHK-

the low buyin supersats might be full of monkeys, but the $500+ sats to the actual events will be full of stud regulars who buyin direct for the $500- and the competition will be incredibly more difficult. That is compounded further if he doesn't know who those studs are.

I'm not against the kid playing the seat satellites for the $500, totally up to him. But he should be aware that it will be a much tougher field than he expects. That said, if he can ship 3 or 4 seats and then wants to say WTF and play, I really don't object. I've done the same and had I not done it you wouldn't see that big score posted.

My only points were that it's shitty BRM, if you want to follow BRM... and the final satty's will be shark-fields unlike the super-sats.

Clearly he wasn't playing with BRM intent, and that's fine. Wise? his decision.

Honesty, I hope he has done his homework and researched some of his competition (aside: and if you havn't, you will now, wont 'cha strayt?) so he know's the fight he's in for.

And I'm sure he knows all about BRM, this forum is full of BRM nits (I myself have been converted), and is choosing his own way.

I agree it may be unwise, but I am encouraging hs effort none the less because I want to see my peers succeed. If this is the way he choses to do it, it is his money. I feel it is better to support him than condem him.

Everyone needs some support, and he has clearly made up his mind to do this. More power to him.

And lol @ your big score story. Not because I think it's "ha ha" funny, but because I have done the same thing as well and I know how it goes. We're wiser now, but I sure miss the bigger games.
 
Top