Saturday, December 6, 2014

Money or glory?

Friday's Holdem reached the final table 45 minutes from tournament end. I found myself to the left of the chip leader, who had twice the stack of anyone else.  However, within half an hour I had cut him to half that and now I was the chip leader.

As the minutes dwindled away I maintained my lead, but there were six of us still in when we reached the final hand and the combined sum of their chips exceeded mine.  I was in late position with the dealer on my left.   Two players had enough chips to guarantee themselves second and third place, the others did not.

So here's how it looked:

Dealer:  less than 1,000 chips
Small blind: less than 1,000
Big blind: appx. 1,200
UTG appx 2,300
Former chip leader: appx 1,400
Me: approximately 2,900

The player under the gun threw in his cards.  The former leader went all in and I folded.  The dealer and the blinds all called, making a $3,500 pot.

My fold guaranteed me second place.  The only way I could take first would be if there was a split pot, but second was locked.   I think that was a no brainer, but the UTG's fold is more interesting.

Third place would only pay $2 more than his buy in, so it certainly wasn't worth much. If he had any rebuys, he was losing money already.   That he had been dealt bad cards is a given, but he may have been counting on the former leader to fold.  But that was unlikely as he would be pushed out of third without a split pot.

As it turned out, the former leader won the pot, giving him first place.

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