Lucky Chances Tournament: $65 buy in with one rebuy at $50.
I wish I had more time to play these tournaments, because they are so fun. After you buy in, there's no need to worry about losing more cash and the competitive nature takes over. The feeling of winning a hand or outplaying someone is a great feeling.
Onto the tournament itself. Let me comment on the tournaments at LC. While they are fun, the blind structures are horrible. You start with 1500 chips with blinds at 25/50. Which only gives you 30 big blinds...and rebuy with 2500 chips which is just 50 big blinds, assuming you lose in the first levels. So, you can certainly expect to be all-in anytime you put a single chip into the pot.
I knew this from experience, so I had to really get in there and gamble early on. Raising with any decent hands I love that range from connectors to big pairs. Occasionally limping in with small pairs, hoping to catch and trap with them. The main reason you want to raise is based on small ball style...It lets you enter pots cheaply in a way, and if you are re-raised. You can narrow someone's hand better and hope to trap him.
So, I lost alot of chips early on by having one of those hands over hands. I had a straight to the King and guy next to me gets the straight to the ace. I'm so glad I small-balled it and only bet for value.
My all-in hand before my rebuy was pocket 5's which got out flopped by someone with Q8. Urg!
After rebuy, I bet, reraised any flush draws and always hit. This tournament, the flushes really help push me into a good chip position. I flop open ended straight royal flush draws 3 times in the tourney and while I never hit the royal flush, I always did hit the flush card.
I made it right up to the second break and had AK and raised. Everyone else had gotten up to take a break, but the big blind was contemplating a call...He finally called and the flop came a Ace. He checks and I bet out. He re-raised me all-in and I pretty much insta-called. He shows AJ.
The turn came a J. End of story.
I really hate it when I'm playing so well, but to end it with a bad beat.