2010/08/01 - 2010/08/12
#SnGs: 240
ROI%: 8.2
ITM%: 55.0
Winnings (without rb): $149.50
Winnings (with rb): $241
Friday 13 August 2010
Getting Some of It Back
Took a 24hr break and as I predicted, this rest would do good things for my game. As I don't have much time to play today, due to other activities in my life I've only played 5 sits but got back 86% of what I lost yesterday over 30 sits. This brings us to the current cumulative numbers for this month:
2010/08/01 - 2010/08/12
#SnGs: 240
ROI%: 8.2
ITM%: 55.0
Winnings (without rb): $149.50
Winnings (with rb): $241
2010/08/01 - 2010/08/12
#SnGs: 240
ROI%: 8.2
ITM%: 55.0
Winnings (without rb): $149.50
Winnings (with rb): $241
Thursday 12 August 2010
Houston We Have a Problem
Negative day, which is to be expected sometimes, right? Took a shot at $22 and despite breaking even in a about dozen sits, decided to fall back to $11 for now. Found the field to be rougher than $11 after all and having a big enough bankroll is only half of what you should considering for going up levels. You should also bring your game up and I was not feeling comfortable there yet. I prefer to go back if and when I grow my bankroll a little more so I can be more comfortable playing there.
Reasons for this negative I feel are not so much about luck, but rather me being a little tired and making mistakes. These can be costly on turbo sits of this nature and I feel when I focused and rested, it's a totally different game and very different results. So I've decided to let it rest for a bit and pick it up again somewhere tomorrow, perhaps a good 24 hours from now.
Time for numbers.
2010/08/01 - 2010/08/12
#SnGs: 235
ROI%: 7.0
ITM%: 54.5
Winnings (without rb): $125
Winnings (with rb): $223
Reasons for this negative I feel are not so much about luck, but rather me being a little tired and making mistakes. These can be costly on turbo sits of this nature and I feel when I focused and rested, it's a totally different game and very different results. So I've decided to let it rest for a bit and pick it up again somewhere tomorrow, perhaps a good 24 hours from now.
Time for numbers.
2010/08/01 - 2010/08/12
#SnGs: 235
ROI%: 7.0
ITM%: 54.5
Winnings (without rb): $125
Winnings (with rb): $223
Wednesday 11 August 2010
Running Good!
I have definitely been running hot in the past couple of days and making the most out of it. After only one and a half days playing $10+1 sits, I've been fortunate enough to grow my bankroll enough to jump to $22+2 sits. Incredibly, I kinda felt the $10+1 sits were softer than the $5+0.50 ones. I'm looking forward to dive into the $22+2 tournaments tomorrow and see how it goes.
2010/08/01 - 2010/08/12
#SnGs: 213
ROI%: 12.9
ITM%: 55.9
Winnings (without rb): $185.50
Winnings (with rb): $257
2010/08/01 - 2010/08/12
#SnGs: 213
ROI%: 12.9
ITM%: 55.9
Winnings (without rb): $185.50
Winnings (with rb): $257
Tuesday 10 August 2010
Catching Up
Wow, almost a month has gone by and a lot of stuff has already changed in my poker landscape. Since I wrote my last entry, I got into a big live poker tournament, the KFPT 440 EUR Main Event at Figueira da Foz Casino, an entry which I won in a live satellite the day before the main event. Unfortunately the tournament didn't go too well, as I got eliminated shortly after dinner, following a couple of missteps of my own. What was left was a bit more experience at this level which I hope to make into good use in the future.
Speaking of live tournaments, they are unfortunately really expensive and my cash from the early KFPT final table simply won't last forever and I don't want to burn it right away. So I've decided that for the next year or so, I'll be focusing on winning entries to these tournaments through live and online satellites. That and what I'm going to ramble a bit about in the next paragraphs.
Recentely (late July) I was offered a very nice rakeback deal and I'm trying to make good use of it, grinding it out online. I'm getting 55% right now, playing at a somewhat large network (not PokerStars, not Full Tilt) and I'm doing nicely so far. This network has some juicy Double or Nothing 6-max type tourneys, which pay double the buy-in to the first 3 players. I started out grinding these ones at the $5.50 buy-in, which means I get $0.55 in rakeback from every two tournaments I play. I've been trying to decide in which SnG type I have the most edge (if any!) and I'm still quite undecided. But I've been playing these double ups a lot.
The great thing about rakeback is how it attenuates variance A LOT. In fact, I can't live without it anymore and for me online poker without some sort of rakeback deal is just non-sense. You can't really on variance alone and it WILL bring you down sooner or later. Obviously, my idea with this is not to get stuck in these $5.50 but rather to go up the ladder and climb to bigger buy-ins, collecting as much rakeback as possible because you pay more rake the bigger the buy-in, of course. Since the beginning of August I've been grinding these $5 + $0.50 sits not really sure if and when to move up, until today I came across a great bankroll management video on YouTube which served as a good guide. I modified it a bit, to make it even safer and to cut to the chase, I'm basically moving up when I reach 20 buy-ins and moving down when I fall back to 15 buy-ins.
Looking at my bankroll, it became obvious in light of this strategy, that I could now move up to $11 SnGs, so that's what I'm playing now and having 14.6% ROI after 23 tournaments. Too early to say, but I feel the field isn't much stronger, only has a bit more regulars multi-table rocks. I'm also looking to unlock a $129 bonus at the room I play. For this I need to win another 5172 points right now, which by my calculations will take around two weeks to get. If I succeed in getting this by the end of the month, it's a massive boost to my bankroll and it will probably allow me move up again (to $22 SNGs). Mid-term objective is to collect enough rakeback that will allow me play in live tournaments monthly. We'll see.
From now on, as I did with my former challenge, I will post daily stats of my progress.
2010/08/01 - 2010/08/11
#SnGs: 188
ROI%: 8.7
ITM%: 53.7
Winnings (without rb): $100.50
Winnings (with rb): $158.50
Speaking of live tournaments, they are unfortunately really expensive and my cash from the early KFPT final table simply won't last forever and I don't want to burn it right away. So I've decided that for the next year or so, I'll be focusing on winning entries to these tournaments through live and online satellites. That and what I'm going to ramble a bit about in the next paragraphs.
Recentely (late July) I was offered a very nice rakeback deal and I'm trying to make good use of it, grinding it out online. I'm getting 55% right now, playing at a somewhat large network (not PokerStars, not Full Tilt) and I'm doing nicely so far. This network has some juicy Double or Nothing 6-max type tourneys, which pay double the buy-in to the first 3 players. I started out grinding these ones at the $5.50 buy-in, which means I get $0.55 in rakeback from every two tournaments I play. I've been trying to decide in which SnG type I have the most edge (if any!) and I'm still quite undecided. But I've been playing these double ups a lot.
The great thing about rakeback is how it attenuates variance A LOT. In fact, I can't live without it anymore and for me online poker without some sort of rakeback deal is just non-sense. You can't really on variance alone and it WILL bring you down sooner or later. Obviously, my idea with this is not to get stuck in these $5.50 but rather to go up the ladder and climb to bigger buy-ins, collecting as much rakeback as possible because you pay more rake the bigger the buy-in, of course. Since the beginning of August I've been grinding these $5 + $0.50 sits not really sure if and when to move up, until today I came across a great bankroll management video on YouTube which served as a good guide. I modified it a bit, to make it even safer and to cut to the chase, I'm basically moving up when I reach 20 buy-ins and moving down when I fall back to 15 buy-ins.
Looking at my bankroll, it became obvious in light of this strategy, that I could now move up to $11 SnGs, so that's what I'm playing now and having 14.6% ROI after 23 tournaments. Too early to say, but I feel the field isn't much stronger, only has a bit more regulars multi-table rocks. I'm also looking to unlock a $129 bonus at the room I play. For this I need to win another 5172 points right now, which by my calculations will take around two weeks to get. If I succeed in getting this by the end of the month, it's a massive boost to my bankroll and it will probably allow me move up again (to $22 SNGs). Mid-term objective is to collect enough rakeback that will allow me play in live tournaments monthly. We'll see.
From now on, as I did with my former challenge, I will post daily stats of my progress.
2010/08/01 - 2010/08/11
#SnGs: 188
ROI%: 8.7
ITM%: 53.7
Winnings (without rb): $100.50
Winnings (with rb): $158.50
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