David Burke Poker
Quite often, when playing the major tournament circuit, you’ll find yourself with no chips at a final table despite recently having a decent shot at a title. When you go from having lots of equity to none, crazy things start happening in your mind. I’m going to let you into my world and enlighten you to what I do to stay sane when things go wrong when there is a lot of money on the line.
I had the pleasure of being in this situation twice at the Foxwoods World Poker Finals. I final tabled the $500 preliminary event, which had around 250 entrants. When we were down to six players, I got all-in with J-J vs. Q-J but lost to a turned Queen that send me to the rail, cashing for $5,888. All in all, it wasn’t a bad payday, but it was nowhere near what I wanted.
A few days later, I found myself playing eight-handed in the $10,000 World Poker Tour Main Event. I had around average chips and got all-in with K-K vs. A-J for a 60-big-blind pot, which, if I won, would have put me in great shape to make a deep run at the final table. Instead an Ace turned and I was down to 8 big blinds, which I quickly lost with a standard button push. I ended up cashing for around $54,000. In both situations, I went from having a ton of equity to only a small cash with the turn of a card. Despite cashing for around $60,000, I was unhappy with the result. While you cannot change the outcome of the cards, you can control your reactions to the results.
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While you are still at the table, you must remain calm and collected, especially if you still have chips in front of you, as I did in the main event. It will do you no good to berate the players, the dealer or God. Doing so will only make you look like an idiot, which you just might be if you do such things. When you get all-in with 70% equity, you have to realize you are not going to win 100% of the time. When you get it in with 70% equity for all your chips, you are going to go broke 30% of the time. If this isn’t acceptable to you, poker probably should not be your game of choice.
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After I bust in a spot where I am generally annoyed with the result, I make a point to make the rest of my day as great as possible. On both days, I went out to David Burke’s Prime, which is amazing. I had a glass of wine and a delicious dinner. I also watched a few hours of television on my iPad, which helped take my mind off the poker. When I busted from the main event, I had enough time to hit the gym and get a massage at the spa. While I’m pretty quick to get over losing a major event, most people would have a tough time remembering a bad run after a nice, relaxing evening.
It should be noted I think you should avoid playing poker or gambling in the casino after a major loss. Sure, you will occasionally win, but I would bet good money that on average, after busting from a major tournament when lots of money was on the line, the average player is a huge loser over the next 12 hours. The best course of action is to simply avoid gambling and find something else to occupy your time. While this may not be the most exciting way to spend your time, especially if you like being in action, it will save you significant money in the long run. Accept that this is part of tilt control you must master before considering yourself a great poker player, because poker is not played only on the felt.
One final concept worth mentioning is you shouldn’t beat yourself up too hard when you bust in a bad way. I recently busted from a tournament where I know I played my bust out hand poorly. I simply did the math wrong at the table and came up with the wrong conclusion, causing me to bubble one of the biggest tournaments of the year. While I was definitely sad about the result, I made a point to learn from my mistake and move on.
Next time a similar situation arises, I will make the optimal decision, which is all that really matters. As long as you learn from your mistakes and don’t repeat them, busting, even in a fairly bad way, isn’t all that bad.
There will be many more tournaments in your future. Letting one bad day alter your mood for the next month will only make you miserable. Being miserable is the real disaster, because poker should be an activity that makes you happy and enriches your life.
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Be sure to check back next week for another educational blog post. Thanks for reading!
The American Cancer Society hosted its 11th annual Taste of Hope event on Wednesday, May 25th, 2016 at the Metropolitan Pavilion in New York City.
The prominent culinary, wine, and spirits event featured some of New York’s most popular restaurants, chefs and beverage vendors. Guests enjoyed a walk-around tasting where they had the chance to sample trademark dishes, premier wines and spirits, and inventive cocktails.
Participating restaurants and chefs included cancer survivors Eric LeVine of Morris Tap & Grill and Chef Antonio Prontelli of Rock Center Café. Dishes served ranged from savory delicacies such as Fish Tacos from Almond, Mini Pulled Pork Sliders from Dinosaur Bar-B-QUE and Watermelon Gazpacho with Lobster Salad from La Fonda Del Sol to the sweet Southern Style Cupcakes from Doc’s Cake Shop and Banana Pudding from Magnolia Bakery.
Restaurant and beverage participants included: AG Kitchen, Alidoro, Almond, BLT Prime, Calle Ocho, Fresco By Scotto, La Fonda Del Sol, Luke’s Lobster, Magnolia Bakery, Nobu New York, Rock Center Café, STK Downtown, Todd English, Triomphe, Voilà Chocolat and many more. Approximately 50 participating restaurants and beverage sponsors were represented at the event.
Now in its 11th year, the event is presented annually by the American Cancer Society and the Taste of Hope volunteer committee and has raised over $1.5 Million to support the American Cancer Society’s mission and goal of eliminating cancer as a major health problem. The Society is currently investing more than $450 million in over 50 types of cancer research, with 103 new extramural grants that will go into effect this July. Like previous years, the event gathered over 800 affluent epicureans and philanthropists from the New York Metro area. This year’s event was hosted by event chairs Mark D. Friedman & Jamie Koff and the 2016 Taste of Hope Volunteer Committee. The event raised over $200,000. American Cancer Society are still accepting donations via their website www.tasteofhopenyc.org.
An hour into the event, event chairs Mark D. Friedman & Jamie Koff took to the stage to introduce the 2016 event host Chris Wragge as well as this year’s honorees David Burke, Drew Nieporent and Jean Shafiroff. Friedman thanked the guests and honorees for coming and for their generous donations to the American Cancer Society and its work. Koff continued on to thank the event committee for all their hard work and dedication to the ACS mission.
The next person to take the microphone was CBS news anchor Chris Wragge and actor Richard Kind. Wragge started off mentioning the event’s great food, great drinks and great desserts, before asking who in the room had been affected by cancer in some way. Many hands were raised – showing just how all-affecting cancer is. Wragge encouraged everyone to help raise money for a cure, and mentioned that it was his fifth appearance at this important annual event.
Next, a video of the three honorees was displayed, following which the first honoree, David Burke, took to the stage. Culinary Honoree and award-winning celebrity chef David Burke, thanked guests and volunteers for making this event possible and the committee for being chosen as an honoree. Actor Richard Kind then stepped on to hand Burke an all clad sauté pan, inscribed with the Taste of Hope logo, jokingly noting that “you may not want to get panned, but tonight you will”, placing the pan on top of Burke’s head.
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The next honoree to make an announcement was Corporate Honoree and Owner of Myriad Restaurant Group Drew Nieporent, who as Burke, thanked everyone for attending the event and mentioned how close to his heart the cause is, having lost his mother to cancer in 2000. Also Nieporent received a sauté pan from Kind, before introducing Jean Shafiroff.
Philanthropic Honoree and Author Jean Shafiroff thanked her fellow honorees, the American Cancer Society and all the volunteers who helped make the event possible. She pointed out the tremendous difference the ACS Hope Lodge makes in recovering cancer patients’ lives and how vital funding is to allow more research and resources for people struggling with cancer.
Concluding the announcements, Wragge and Kind took to the stage again to challenge the guests to donate $5,000 in 5 minutes. The live fundraising raised $8,000 in the next five minutes – contributing to the American Cancer Society’s mission to beat and treat cancer.
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The event also featured a silent auction where guests bid on selected items exclusively offered to Taste of Hope. Highlights from the silent auction included: an exclusive Hamilton theater package, a Fiddler on the Roof theatre package, a Martha Stewart cooking kit, a Knicks pre-game ballkid experience and a golf tutorial by a PGA Tour superstar instructor.
Corporate sponsors of the event were Allstate, Don Q Rum, Eurostruct Inc, Freshdirect, Gentle Giant, Halstead Property, Sabert, Tito’s Handmade Vodka, UHYLLP, Umenoyado, Vinitaly International and Wine Spectator.