Phil “OMGClayAiken” Galfond Running Really Bad
- Filed under: OMGClayAiken, Online poker, Phil Galfond
- Date: Aug 27,2009
Just recently Phil Galfond wrote his latest blog entry where he reveals how frustrating it is to run bad at nosebleed high-stakes games. The figures aren’t that pretty when you are running $800k below equity.
Galfond ran godly a year ago on Full Tilt Poker as he was the second biggest winner in 2008, but now after frustration after frustration he has to rethink about his whole Poker career all over again; “I think I need to come to terms with the fact that I can’t rely on high stakes poker for my income,” he says. “My EV is still very good, but I need to have other reasons for playing: the challenge, fun, pride. Playing 50k hands a year of 300/600+ for the money is just setting myself up for disappointment. Even with a decent edge, I can’t expect to come out a significant winner more than 60% of the time.”
In his blog, Galfond ponders about the frustration and psychology behind Poker; how people can get into a cycle of bleeding tilt and negative thinking and how mentally draining the whole downswing will get. He surely knows what he’s talking about as he posted a graph showing his actual winnings vs his all-in EV. He’s down almost a million in just a bit over 4000 hands, $800k below EV.
You can check his graph and the whole blog entry at bluefirepoker.com.
Source: bluffeurope
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