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On day 1a, I got off to a nice start, increasing my 40,000 starting stack to 50,000 when I was fortunate enough to pick up K-K. At 100-200 a generally tight, aggressive player raised to 600 from UTG+1 and I three-bet from the button to 2,000.
He quickly four-bet to 7,000 out of his 27,000 starting stack. At this point, I was not loving the situation, but folding would be way too tight. I called just in case I could get off the hook on an A-x-x board.
The flop came 8 5
2
and my opponent pushed all-in for 20,000 into the 14,000 pot. I reluctantly made the call and lost to A-A. In reality, there is not much I could do to avoid this spot because if I am folding K-K, I am folding my entire range, which is usually not a good idea against a reasonable opponent who could easily have Q-Q and A-K (and perhaps even a bluff or two) in his range.
This setback left me with 20,000 chips, which I eventually lost with 9-9 against K-Q suited all-in preflop.
I re-entered on day 1b and I again got off to a nice start, turning 40,000 into 50,000. At 100-200, a good young player raised to 600 from UTG, and an older, generally straightforward player three-bet to 1,800 from middle position. Everyone folded to me on the button and I found K-K.
Both four-betting and calling are reasonable options, but in this case, I thought the three-bettor was abnormally strong and I though the UTG kid would rarely four-bet without a premium hand (because the three-bettor was obviously strong and my call should also be quite strong).
I called. The UTG kid then four-bet to 6,000, and the older player five-bet to 16,000.
A few concepts are at work here. The first is that generally straightforward players do not five-bet without a premium hand they plan to get all-in. The five-bet made it clear that he was not going to fold to an all-in, so I assumed he had at least Q-Q or A-K. Next, the UTG kid used a relatively small four-bet size that gave us reasonable implied odds to call, which indicates he has an abnormally strong hand that is not too worried about being outdrawn.
So, I am clearly against two strong ranges. While I will be against Q-Q and A-K some portion of the time, most of the time one of two opponents will have A-A. Also notice that if I six-bet jam all-in, even Q-Q and A-K may fold, meaning I only get called when I am in bad shape.
I confidently deposited my K-K into the muck after about two seconds of thought. Fortunately, UTG had A-A, so I was able to dodge bullets (just like Phil Hellmuth!) I was surprised to see the other player show up with J-J, but I suppose that makes some sense. In general, most tight, straightforward players tend to be unable to fold hands they perceive to be strong.
While I essentially never fold K-K preflop (because if you are folding K-K, you are folding everything), sometimes it makes sense. When a play makes sense, do not be afraid to make it.
Unfortunately, conserving my stack did not help me in this event. The blinds eventually got high and I found myself all-in with J-J against A-A for my 20 big blind stack. Sometimes it’s just not meant to be! ♠

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