Many of my poker playing buddies cannot believe that I have never cashed in a Live Multi-table tournament. I have cashed in online multi-table tournaments, online sit and gos, and live sit and gos. Don’t get me wrong, I love live tournaments. But I dislike tournaments that do not favor skill. When you start with 2000 chips, 50/100 blinds, and the 20 minute levels, it makes for a rather quick tournament. You are at the mercy of the cards, and all good poker players know it. Why do you think main events on the World Poker Tour feature at least 60 minute levels with a large starting chipstack? As a consequence, I do not play in a lot of live tournaments because the casino is only interested in moving the tournament along and getting the next one in.
There are exceptions to the rule, and one of the most prominent one is in the weeks leading up to a World Poker Tour $10,000 buy-in event. Casinos will usually hold a series of tournaments in the weeks prior to the main event. In these events, you are usually given a larger chipstack with blind levels lasting anywhere from 40-60 minutes. Foxwoods hosts two World Poker Tour events per year. In the spring is the Foxwoods Poker Classic, while in the fall is the World Poker Finals. I do not like to play in fields that are large either (in excess of 900 people), so I tend to buy into the $2,000 events. The fields are usually about 200-400 in size, which is a perfect number. The field is beatable, but not so large that it is a lottery. This year, I decided to change things up a little bit. Instead of playing in the $1,500 or $2,000 event, I decided to play in what Foxwoods calls a “Modified Shootout”.
In the Modified Shootout, there are two qualifying rounds, and a final round. You can play in either qualifying round where you essentially play a sit-and-go. Unlike a traditional Shoot-Out where you must WIN the table to advance, in this modified shootout, you only have to make the top 3 at the table to advance to the finals. In other words, you play a Sit and Go, and if you would normally place in the money, you get an entry to the finals. The finals is played as a normal multi-table tournament.
It sounded intriguing, so I played in the $300 shootout on October 21. I was fortunate enough to place in the finals without having to buy in a second time. There were about 1400 players in the shooout with 411 players in the finals and the top 120 were paid. You started with 5000 chips and blinds were 40 minutes long. This is more of the structure that I like. I was card cold and literally only had 2 hands to play. Regrdless, I lasted to about 190th place - about 70 shy of the money. If I had any sort of “normal distribution” of cards, I am pretty confident I would have made the money.
The next week featured another modified shootout, but the entry fee for this one was $600. The only difference was that in this event, the blinds were 50 minutes long in the finals instead of 40 minutes. I decided to give it anther shot. Again I was able to make it to the finals fairly easily.
At 4pm all the winners converged in the Sunset Ballroom to start the finals. I played my normal tight-aggressive tournament style and it paid dividends. I just held my ground while slowly increasing my stack size. The number of players kept dwindling. We started with 165, then there were 140, then 120, then 100. It felt good to crack the century mark. I watched the screen as we flew past 90, 80, 70, and then 60. At 60 players, play got REALLY tight. We were getting close to the money and everybody sensed it. Everybody went back to A-B-C poker. I played my hands aggressively, and watched the tournament clock display. 55, 50, 49, 48. The top 40 were paid. I knew I could make the money if I was patient. I had to keep telling myself, “I will not bubble, I will not bubble”. I have bubbled so many tournaments, it is pathetic. It took about an hour to get from 50 players to 40, and it was quite a grind. That hour felt like it was actually 8 hours. When we got down to 41 players, the tournament was played hand for hand. We lasted all of four hands before somebody busted out and we were all in the money! Hooray! I had overcome the bubble jinx.
Players fell rather quickly after that. We were down to 30 people in a matter of about 30 minutes as the short stacks started to push. I was playing solid poker and I knew I could go a lot deeper. The next moneyline was at 27 players. There were 29 left when I had this hand came up. I was in the cutoff with about 30,000 chips. It was folded to me and I had:

The people to my left were moderate stacks, so I knew they would not want to tangle without a good hand. The blinds were 600/1200, so I popped it to 3600. The button and small blind both fold. The big blind has 7000 chips, and he thinks and thinks. His face is twitching. He starts a motion to push all in, then stops. He does this 2 more times. I know he is weak, but probably has me beat. Finally, he says that he has to make a stand and he pushes all in. Grrr, I wanted to pick up the blinds. I ran the pot odds, and I was getting 3:1 on the call. I look at him and said, “You caught me with my hand in the cookie jar, but I have the pot odds to call”. I made the call. he shows:

I really do not know what he was thinking. He KNEW I was going to call regardless. I think he made a mistake here, but that was his decision.
The board came:

And I took another player out.
At the 12:30 curfew we were down to 23 players. The average chipstack was about T40,000. I had about T25,000. I was mentally exhausted. I needed sleep.
The next morning, I woke up around 9:30 ready to go. I could not wait. Finally, noon came around and the tournament was off and running. The tournament short stack was to my immediate right. He had T4500. The blinds started at 1000/2000 with 200 antes. As expected, on the first hand, the short-stack pushes all-in. He is called by the big blind who shows:

While the short stack shows:

The short stack spiked a King on the river to stay alive. Mr. Short Stack now has T12,000. He promptly pushes all-in on the next hand. I look down at:

This is a tough spot. I don’t like to call for half of my chips here. The next money line is 2 spots away (at 21 players left). There are 4 players to act behind me. I must push all-in to isolate or fold. After thinking, I decided to fold. Everybody else folded. I keep replaying this one in my mind. If I had T40,000, I would have probably called. He most likely has an overcard in this spot, and perhaps two. I had a bad feeling, so I laid it down.
Once we hit 21 players, they started to fall left and right. It seems like every hand we were losing a player. We redrew for seats at 20. The next money line was at 18, and above 18, the prizes kept increasing every spot. We lost 4 immediately, and we were down to 16 and this hand came up. UTG who has about T28,000 chips raises to T8000. Everybody folds to me. I see:

Oh, this is nice. Since I only have T18,000, its an easy all-in push. Unfortunately, the call was easy for the other guy and he shows:

What a time to run into cowboys! The board came:

and I was busted out in 16th place. I won $2,406, but more importantly, the bubble monkey is now off my back.
It feels good to cash in a live multi-table tournament. This was my sixth event. I definitely learned a LOT an gained a LOT of valuable experience from this. It will better prepare me for future tournaments.
The results of the tournament are here.
A good friend of mine also pointed out to me that since I cashed in a “tracked event”, I now have my own Cardplayer.com page, which is right here. How cool is that? Lets hope that I add more and more events to this page!