I’ve got to free myself from the shackles of this corporate existence. Accordingly, here are my restated goals for 2011, in chronological order:
1. I will play a minimum of 80K hands in April, and maintain a minimum winrate of 5bb/100 during that stretch.
2. I will move up to $1-$2 in May, and will stay at this level at least until such time as I have maintained a winrate of 4bb/100 over the course of 200K consecutive hands.
3. By the end of the year, my online bankroll will reach $100K.
4. When my online bankroll reaches $100K, I will withdraw the requisite amount to pay taxes on my poker winnings and eradicate all unsecured debt (i.e., car, credit cards, student loan).
5. Before the end of the year, I will contact a realtor and mortgage broker to begin the process of identifying and securing a property. My intention will be to make a purchase in 2012, before formally severing ties with my current employer.
There. I’ve said it. No turning back now.
Another night, another decent win (5 buy-ins)...
Month to date:
Hands: 89,078
Win: $3,297.15
Winrate: 3.70 bb/100
Hourly: $41.08
Bankroll: $21,336.78
Monday, March 28, 2011
Sunday, March 27, 2011
Crushing it...
I feel like I'm just crushing it right now. Over the last 30k hands, I've maintained a winrate of over 7bb/100. The game just feels so easy at the moment...
Month to date:
Hands: 84,444
Win: $2,790.05
Winrate: 3.30 bb/100
Hourly: $36.46
Bankroll: $20,829.68
Month to date:
Hands: 84,444
Win: $2,790.05
Winrate: 3.30 bb/100
Hourly: $36.46
Bankroll: $20,829.68
Saturday, March 26, 2011
Thank you, Stars!
Was dealt into a miletsone hand today for a $750 bonus; added another $203 to the bankroll courtesy of my pocket aces holding up in a 4-way all-in pot preflop...
Month to date:
Hands: 81,869
Win: $2,350.70
Winrate: 2.87 bb/100
Hourly: $31.62
Bankroll: $20,390.33
Month to date:
Hands: 81,869
Win: $2,350.70
Winrate: 2.87 bb/100
Hourly: $31.62
Bankroll: $20,390.33
Friday, March 25, 2011
Maintaining pace...
Had a 7-session winning streak broken the other day, and then went on a modest 3-session decline which I nearly completely eradicated over the last couple hours with a $432 win. Gonna shower and meet up with a couple of friends, perhaps at Spaghettini...
Month to date:
Hands: 79,356
Win: $2,147.05
Winrate: 2.71 bb/100
Hourly: $29.71
Bankroll: $19,436.18
Month to date:
Hands: 79,356
Win: $2,147.05
Winrate: 2.71 bb/100
Hourly: $29.71
Bankroll: $19,436.18
Wednesday, March 23, 2011
Profitable lunch
I went home today at lunch, and added $220 to the bankroll over the course of 30 minutes. My hourly winrate over the course of the last 18K hands is $115. Heady stuff, if sustainable.
Had a date last night with a bartender I met awhile back; she’s fun and attractive, but (at 38) a little older than my ideal, and not what I’m looking for in terms of background. I need to get out of the bartender/waitress set and start dating women with more of a corporate vibe, etc. This one’s both a bit on the edge and a little too into me, so I think I need to cut it short before it goes any further…
Would love to get to the point where I could focus on poker for forty hours a week in lieu of my current job, so that I’d have sufficient downtime to devote to things like finding the ideal woman (instead of spending that “downtime” playing poker…)
Had a date last night with a bartender I met awhile back; she’s fun and attractive, but (at 38) a little older than my ideal, and not what I’m looking for in terms of background. I need to get out of the bartender/waitress set and start dating women with more of a corporate vibe, etc. This one’s both a bit on the edge and a little too into me, so I think I need to cut it short before it goes any further…
Would love to get to the point where I could focus on poker for forty hours a week in lieu of my current job, so that I’d have sufficient downtime to devote to things like finding the ideal woman (instead of spending that “downtime” playing poker…)
Tuesday, March 22, 2011
Reconnecting... 2.0
The preceding several months have been quite a challenge. My game has been wildly erratic during this period, primarily as a result of my ill-advised attempts to (a) mimic the aggression levels generally espoused as being optimal on most message boards and training sites, and (b) establish a positive – or at least breakeven – redline.
After a particularly poor February (in which I suffered a 22 buy-in downswing), I started off strong in March, winning steadily to the tune of over 6bb/100 while actually maintaining a flat redline over the course of about 20K hands. This was the result of opening significantly wider from the button and cutoff, calling three-bets much more liberally and then looking to take pots away on later streets regardless of my holdings. The strategy worked wonders for a time, but alas, it seemed the entire universe of my opponents suddenly became aware of what I was doing, and adjusted with a vengeance. My $1.5K monthly profit dwindled to about $400, and I finally realized I needed to take stock.
I looked at the graphs of some of the most profitable players in my database. What I discovered surprised me: just about every one of them had a steadily decreasing redline.
Talk about liberating! For the first time, I felt like I had permission to fold when I felt certain I was behind, even after putting material amounts of money in the pot. And I felt like I had permission to run certain “potshot” plays, but then abandon them before taking them too far in the event of early indications they weren’t going to work as planned. I’ve also discovered that I’m more comfortable playing postflop than I previously thought – and now realize that frequently allowing hands to get to the flop while in position is infinitely better for me than attempting to settle matters on the basis of two cards. (I think I alluded to this concept once before, but it hadn’t really crystallized for me until now.)
My results have been promising. Over the last 20K hands, I’ve been winning steadily at a rate of 8bb/100 (7bb/100 EV), and am currently on target for my best month ever. My immediate goal will be to maintain a winrate of 5bb/100 in EV for the entire month of April. If I can do that over the course of 100K hands, $5K will have been added to my current $19.2K bankroll, bringing it to $24.2K. I’m also currently eligible for a $4K bonus, which would bring my bankroll to close to $30K, at which point I will take a shot at $1-$2.
If I can then maintain a 4bb/100 EV winrate at $1-$2 over the course of a few hundred thousand hands, I will have to consider whether it makes sense to do this full-time. After all… 12K hands per hour at 40 hours per week is close to 200K hands per month. 200K hands per month at $8/100 hands translates into $16K per month, or $192K per year (not including bonuses). My day job (with which I am decidedly not in love) currently pays me six figures, but not to that extent…
After a particularly poor February (in which I suffered a 22 buy-in downswing), I started off strong in March, winning steadily to the tune of over 6bb/100 while actually maintaining a flat redline over the course of about 20K hands. This was the result of opening significantly wider from the button and cutoff, calling three-bets much more liberally and then looking to take pots away on later streets regardless of my holdings. The strategy worked wonders for a time, but alas, it seemed the entire universe of my opponents suddenly became aware of what I was doing, and adjusted with a vengeance. My $1.5K monthly profit dwindled to about $400, and I finally realized I needed to take stock.
I looked at the graphs of some of the most profitable players in my database. What I discovered surprised me: just about every one of them had a steadily decreasing redline.
Talk about liberating! For the first time, I felt like I had permission to fold when I felt certain I was behind, even after putting material amounts of money in the pot. And I felt like I had permission to run certain “potshot” plays, but then abandon them before taking them too far in the event of early indications they weren’t going to work as planned. I’ve also discovered that I’m more comfortable playing postflop than I previously thought – and now realize that frequently allowing hands to get to the flop while in position is infinitely better for me than attempting to settle matters on the basis of two cards. (I think I alluded to this concept once before, but it hadn’t really crystallized for me until now.)
My results have been promising. Over the last 20K hands, I’ve been winning steadily at a rate of 8bb/100 (7bb/100 EV), and am currently on target for my best month ever. My immediate goal will be to maintain a winrate of 5bb/100 in EV for the entire month of April. If I can do that over the course of 100K hands, $5K will have been added to my current $19.2K bankroll, bringing it to $24.2K. I’m also currently eligible for a $4K bonus, which would bring my bankroll to close to $30K, at which point I will take a shot at $1-$2.
If I can then maintain a 4bb/100 EV winrate at $1-$2 over the course of a few hundred thousand hands, I will have to consider whether it makes sense to do this full-time. After all… 12K hands per hour at 40 hours per week is close to 200K hands per month. 200K hands per month at $8/100 hands translates into $16K per month, or $192K per year (not including bonuses). My day job (with which I am decidedly not in love) currently pays me six figures, but not to that extent…
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