Phil Galfond loses $1.7m at 2-7 but wins $700k at PLO

Phil Galfond loses $1.7m at 2-7 but wins $700k at PLO

Monday, 7 February 2011

Phil Galfond, best known as the lead coach of BlueFirePoker and his high stakes online screen name OMGClayAiken, recently blogged about his biggest downswing to date – Galfond has lost $1.7m playing high stakes 2-7 Triple Draw at limits of up to $1,500/$3,000.

Despite the largest downswing of his career, Galfond insisted upon the importance of learning the game at these stakes in his blog: “If you look up HORSE results on HSDB, you'll notice that I'm the 2nd biggest lifetime loser over the hands they've tracked. I'm sure when they come out with 2-7 results, it will look similar.

“I think it's extremely important to my career that I learn every game as best I can. At nosebleed stakes, ESPECIALLY live, it's hugely beneficial to be able to play a variety of games. The price I've paid to begin learning these games has been pretty steep, so I'm not entirely sure it will end up being worth it... especially since I'm not really "there" yet in any of the limit games I've tried learning.”

Despite this poor run of luck, Galfond recovered somewhat when he took on Scott “URnotINdanger2” Palmer in the cap PLO games for around $700,000 to win back half his mixed game losses.

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