I finished third in the freeroll tournament for €1,500. I ran a small bit bad towards the end but made a pretty big mistake in one hand. The tournament had to finish by 11.30 and, if it was still running by then, places would be decided by chip count. The structure threw up a lot of interesting situations towards the end and I'm not hugely familiar with tournament play, never mind this modified structure.
About 10 minutes to go it was 4 handed and I isolated the CO limper with A6o from the BTN. I don't really remember all the exact details but I'll do my best. Payouts were 5000, 2500, 1500 and 1000. Me and the SB had about 27,000 in chips. I had busted a few of the shortstacks and then abused the bubble pretty hard. He had been shortstacked but had been jamming over a few of my opens and had sucked out in a few all-in hands. He seemed pretty competent and better than most of the players in the tournament.
The BB had about 8,000, he had been playing reasonably straight forward and I don't really remember too much about him. The CO limper had about 14,000 and had come into the final table with a pretty big chip lead. He was playing aggressively towards the start of the final table, open min raising a lot and with trashy hands. He was playing terribly postflop, calling down with really weak hands. He would also call 3bets with crap and was definitely one of the weaker players in the tournament. He had tightened up around the bubble and I don't really remember him limping too much. The blinds were 300 - 600 I think. I assumed the limp was weakness and felt I would likely pick the pot up postflop with a cbet most of the time, I was expecting him to call preflop a decent amount. I made it somewhere around 1800-2000 and the BB shoved for 8000 so about 6000 back to me with A6 and 11,000 in the pot.
I felt the BB would probably be pretty light here, I had an aggressive image and would be isolating the CO's weakness pretty frequently. With 10 minutes to go and places decided by chip count it was in the shortstacks interest to be playing extremely aggressively. From a purely cEV perspective it was a snap call but obviously the structure changed things a huge amount. If I called and won it would put me on 36,000 and in a very comfortable position 3 handed. If I folded I had 25,000 left and would have to chip up to catch the SB although I'd be comfortable against the shorter stacks. If I called and lost then I'd be down to 19,000 and still pretty comfortable against the CO but would need to catch up against the SB.
I decided that the upside to calling and winning was a lot higher than the downside to losing. However, I forgot to account for what the BB's stack would be if he won, it would put him on 17,000 and a huge threat to take second place from me on 19,000. If I had noticed this I would have folded but I ended up calling. He showed QTo and a Q and T on the flop locked it up for him.
I hovered around 2nd to 3rd place for the rest of the tournament, in the last hand, the BB and CO got it all-in with the CO taking the pot for 2nd place.
I've just finished my second week of work and it's been going well. I'm an assistant trader on the ETF desk. I have to be in work for 7.15 to run morning updates before the markets open at 8 so I'm getting up pretty early now. The markets close at 5pm and afterwards we do training for an hour from Monday to Thursday. Tuesdays and Thursdays we play poker; either limit holdem, limit stud or limit Omaha 8 or better. I don't have much experience in those games but I've ordered a few books so it shouldn't take too long to get up to speed. Mondays and Wednesdays we do mock trading although that hasn't started yet. Once I've qualified as a trader the days will get shorter.
The work is fine, I'm learning how to do coding in excel, visual basic and access. I hated programming in college but that was probably because I didn't get into it enough to be good at it. I'm reading up on options theory for the mock trading, there's a lot of overlap with the stuff I did in college but it's a bit more practical. Having the theoretical background is pretty helpful though. Besides that I've just been talking to the traders and asking a lot of questions while they show me what they do.
We're settling into the new house, most of the stuff is unpacked but we're still waiting on people to finish off renovating the bathrooms, it's being ridiculously dragged out. My broadband was finally installed last Tuesday, they came to install it the second day we moved in but the signal was too weak so they had to wait for tech guys to come out and fix that first. Sky (satellite TV) should be installed this week. Lauren has made lots of friends and is able to go outside a lot more now, we used to live right next to a road and there were no kids around to play with so it's great that she's not stuck inside as much now.