Sunday, April 9, 2017

Switched To ACR

I decided to make the switch over to America's Cardroom also better known as ACR . I and many other solid regular players had been noticing and outright voicing concerns over situations at WSOP.  Because of this and other reasons I decided to make the switch over to ACR which is something I had spoken with certain friends months ago about doing even though it is an offshore site simply because of the huge selection of tournaments that ACR offers, the much larger player pool, and now that I've been on there for over a week, I am kicking myself that I didn't make the move months ago.
It really is tournament heaven on this site. $500, $1,000, and $1,500 prize pools for tournaments costing $2.20 and $3.30 or even less as on Mondays a $1000 guaranteed No Limit Hold'em tournament for a $0.55.  However, it is an offshore site and there are inherent risks with offshore sites as we all know from the Full Tilt Poker, Ultimate Poker, and Absolute poker past examples, and so therefore I am going to be very careful about how much money I invest and keep online. It is better to be safe than sorry.

I ended up making $585.74 on WSOP and losses of $246 playing live so far this year for total earnings for 2017 of $339.74.  Withdraws of $219.74 and I am not going to attempt to pay that back. The withdraws were not for just going out and having fun like I did far too much in 2016 instead they were for needed expenditures like food for the house so that left a grand total available of $120 which I put on ACR.  Along with the 100% first deposit bonus, I am also entitled to four $250 freerolls, one is held each Saturday evening and hopefully I will be able to make a few bucks from that. Also at the time that I did this first deposit I also was entitled to an additional bonus where you click on a card and it randomly spins out $2 to $6 that is added to my poker account each day for I think it's 20 days.
As for the tournaments on ACR I have never in my life seen such bad poker players. I mean I haven't seen people like this since the PokerStars days. It is extremely frustrating when they suck out on you, but I have no doubt that there is money to be made here. The only problem is you are facing far more opponents in these guaranteed tournaments than I was on WSOP, but combine the lower cost for the guarantees and the fact that ACR pays out 15% to 20% of the field, I believe that this is definitely going to be a money-making proposition.  As I said I'm going to limit how much I keep on site and the fact of the matter is I am utilizing online simply to get me buyins for live tournaments at the Golden Nugget. Therefore, for right now at least until I feel more comfortable about things, I will be setting my maximum buy-ins at $3.30. My base amount that I will keep on this site will be $300 and every $200 that is earned over that amount will be withdrawn for live play. Online is simply a means to an end. 

Well that's going to wrap this one up. I'm not really utilizing any specific bankroll management plan.  Im5 playing tournaments from $0.50 to $3.30. I've made a few dollars so far but nothing spectacular on ACR because I haven't had any of those deep deep runs in any of the larger guarantee tournaments so for now I just keep chipping away towards $500 and my first $200 withdrawal. Until next time take care everyone and I'll see you at the tables.

Bankroll:  $146.49


Wednesday, March 22, 2017

Where The Money Is

For nearly three months now I have been grinding tournaments online and averaging about $225 in earnings a month. However the live tournament play seems so far off in the distance and while I am a good tournament player with the buyins that I am forced to play online and quite frankly with the amount of money being invested on a daily basis it seems that this is not where the money is and I need to be doing whatever it takes to get me into these live tournaments as fast as possible and that means I need to be playing where the money is.

As much as I hate the thought of this the fact of the matter is I can make more month by month on average grinding the online $10 and $20 No Limit cash games then I can grinding the tournaments in the buyins that I am forced to play at this point. $500 minimum a month is a realistic possibility grinding the cash games and furthermore with a lot less risk to the bankroll. If you figure worst case scenario is I may lose for a 5 buyins in a single day that's %m $40 or $50 compared to some days where my tournament buy-ins are over $100 a day. 

Quite frankly I'm getting tired of having to grind online day in and day out and day in and day out when my real life is outside of this house, my real life is in casinos playing live tournaments, that's where my true destiny lies, but it's hard to achieve destiny with lack of capital. Furthermore I want to be playing live tournaments at least a few times a month  to start out with anyway and not having to wait for $2,000 or $3,000 to be able to do it  so therefore, and I can't even believe I'm about to say this because the thought of doing this is about as appealing as a tooth extraction, but if it's going to get me to where I want to be then I'll do whatever I have to and henceforth beginning today Tuesday March 21st 2017, yours truly FlushhDraw, is on a full-time online cash game grind.

It's a whole new ballgame folks and it does not come without certain issues like the fact that cash games online in 2016 were a freakin disaster. Like the fact that I believe cash games have more variance in them then tournaments. Like the fact that I have never proven myself successful in this particular form of poker so why should anyone expect me to be successful now. However, if I can prove myself successful in this I will be able to be playing my live tournaments a half a dozen times a month to start out with because I plan on keeping $500 online and every time I am  $70 above that $500 I will be withdrawing it and headed down to the Golden Nugget for a $70 tournament which generally pay about $600 up top. The first time I bink one of those all of a sudden instead of it being a one shot deal I'm going to have eight or nine more opportunities to keep trying them and and cashing in one or two over the course of those eight or nine following attempts creates more and more opportunities.

Obviously this is a whole new plan and while I have been criticized in the past for changing my plans the way I look at it is you try something if it doesn't work or doesn't work good enough two individual satisfaction, then you try something else and the more you try different things sooner or later you're going to stumble onto one that is perfect for you as an individual. This particular approach has many advantages. The least of which is It gets me in more live tournaments while at the same time always maintaining a 40+ buyin online cash game bankroll and it gets me in the live tournaments much faster even if they are going to be sporadic at first, which gets me out of the house which will thrill my doctors no end, and it will allow me to enjoy my life just a little bit more instead of waking up every morning and saying oh God I got to play online yet again. I think I'm starting to get burnt out by the long hours because my goal seems so far away, but by going about it in this way those goals can be achieved so much faster. It may be sporadic at first and that's okay because when you see even the smallest glimpse of light at the end of the tunnel you're going to run towards it.
I made a withdrawal of over $300 and went out and had a day out yesterday played a couple of tournaments played a little $2/$4 limit however I was not successful. I left $200 online to start the cash game grind and in approximately two weeks another $200 will hopefully be able to be added to this creating that initial $400 cash grinding bankroll so that means I only have to earn $170 at these stupid cash games and my first $70 tournament under this plan.

I am definitely a man alone as as I have become used to people automatically assuming I'm going to fail especially when I step up things and take an aggressive approach. Whether it be strangers or friends the only one that seems to believe in me is me and that's okay because I'm going to be able to show my detractors that even though it took me a few different plans to stumble on the right one that eventually I did get it right and before long I'm going to be sitting across the table from guys like Jeff Boski in tournaments with $10,000 on the line up top. My day is coming I have no doubt about, but in the meantime I'm going to do what I want, how I want, and I will be successful, and I will do it my way. I think that is probably my main theme song in life.



So I suppose the immediate question would be exactly what am I expecting from this cash game grind. I said previously that I think $500 a month can easily be expected. A good player should be able to hit 10 big blinds per 100 hands and I figure grinding 12 hours a day I'll get over 2000 hands played so even if my earn rate is less than that $500 should still be within my range.  On average I'm figuring $20 a day, just 20 little dollars. I don't even want to think about what that comes out to hourly so please no one bother telling me lol, the only thing I'm thinking about is getting to $70 above the $500 bankroll level, then  every 5 days on average over the long term I have the opportunity to play a $70 tournament at the Golden Nugget. That $20 a day and those Golden Nugget tournaments is my soul focus, but only if I can prove that I can actually win playing cash games. After 2016 there is no way in the world I expect anyone to believe I will be successful at this. I certainly did not prove myself last year but I damn well plan on proving myself this year.  I will admit to a certain degree I have a certain amount of pride on the line in this one come but more than anything I see the extra dollars that can be earned and that's what I'm after.

The first day of this started out horrendous, but what the hell would I expect, this is me we're talking about. I hate cash games with a passion due to the variance. Dollar-for-dollar and buyin for buyin cash games must have 300% more variance than the tournaments will ever hope to and it was no different for me starting out today. 900 hands and down $30 three full buyins. Especially after 2016 I'm a little bit paranoid when I'm taking losses so I immediately went over my hands right in the middle of this session to make sure it wasn't my fault per se. I had a full house on three different occasions and lost every one,  I flopped trips twice and lost, and had a straight and lost. These pleasantries added up to two-and-a-half buy-ins of the loss. I was also running pretty card bad as draw after draw after draw just absolutely went nowhere so although I was down $30 at least I knew it wasn't from any errors or mistakes that I had made just the higher variance of cash games over tournaments in general.

After 1350 hands were played I found myself down $18 a nice little comeback do two specific hands that happened back to back on the same table.






1570 hands and and I'm now down only $10 one little buyin because it took over 1500 hands for me to flop a set. If I had flopped a set previously nothing happened past the Flop and I really don't recall flopping a set before this specific one it was nice to get paid off on it and best of all this guy called a flop raise, a turn pot bet, and a 3/4 riverbed with top pair age kicker. Needless to say a note was written down on this particular player. Game over 1500 hands before it gets paid off, talk about running like ice.





Just over 800 hands later I ended the 12 hour session and over the final 800 hands it was dead on break even just about. 2374 hands place an overall loss of $10.19 less a dollar I got in rakeback. A lousy way to start this adventure off, but it's a damn sight better than being down $30 that I was. Today is another day and hopefully if I don't necessarily run hot I just run to expectation. Full houses not getting beat would be a great start.  

Well that's going to wrap this entry up. Let it be clearly understood that I am not doing this because I like it. I am doing this solely for the earnings potential. Overall tournaments for the first three months of the year I ran above 60% ROI, but the amount of the buy-ins just do not and will not produce the money potential available in these $10 No Limit cash games. I'm not doing this because I want to, but as my favorite departed Uncle used to say "Money talks and bullshit walks." Take care everyone and I'll see you at the tables.

 

Friday, March 17, 2017

Breaking Point

March has been rough. In the first 84 Holdem tournaments that I have played on my own dime and on a half stake during the month of March as of the end of play on Sunday March 12th I had no less than 22 different instances of major coolers. These are a QQ running into KK and AA, AQ and AJ running into AK, 99 or TT running into JJ or QQ, I am sure you know exactly what I'm talking about. In those 84 tournaments I also had instances where I was beat by a 2 or 3 outer on 12 separate occasions, and I lost with three of a kind or a flopped set 7 times. I have been knocked out of a tournament or crippled so bad that it really didn't matter with the hands of AA, KK, QQ, JJ, AK, and AQ 25 times in 84 tournaments played. 

As bad as it's been, Monday the 13th topped it all.  AA cracked by A4o and out, I get knocked out of another with my AK vs AJ.  in yet another tournament I finish on the bubble when my QQ gets beat and then in the 7:30 p.m. $800 Gtd I get knocked out of another with QQ leaving me with less than 10 big blinds. Somehow I'm able to build it back up and later on get involved in a three-way all-in pre-flop when I have AA vs 99 vs TT and I lose to both of the hands. The 99 flopped a set the TT ends up going runner runner straight and I was out of the 7:30 as well.  I hit the fkn roof. 

I was livid. Losing tournaments is one thing, but losing with what I have lost with this month is outright fkn ridiculous. I withdrew the entire remaining balance of $526 that I had online at that point.  To hell with it, let's give the live tournaments a run for the money. 10 buyins at Sam's Town, $100 on the side for expenses, let's go for the gold or go for broke.  I texted my buddy MIB to let him know what was happening expecting him to simply wish me luck in my endeavor.  As a friend I would expect him to hope that I would be successful, but instead what do I get from this friend...... I get a lot of bullshit facts and figures.  I get him having me calculate not just the 2 for 40 run I waa having this month at that point in the $3 deepstack rebuys, but instead calculate the whole thing for the year, and when I did, it showed me that even as bad as I have run in that particular tournament in March  I still am holding a 69% ROI overall in that specific tournament after 154 played. I really didn't need this kind of crap from him, being logical, being the voice of reason, forcing actual numbers in my face, how dare he lol. I simply needed my friend too wish the best for me and naturally agree with me of course, but no I didn't get that. Instead I get reasonableness, logic, and, calm assessment. That's not what I wanted from him, I reiterate, how dare he lol. 

It took him nearly 2 hours over the phone to calm me down. He told me he completely understood and that it was obvious the bubble finish and 7:30pm tournament was just simply a breaking point for me and I was steaming and if I insisted on doing my plan he definitely was hoping for the best for me but for some reason he wanted to keep inserting logic and reasonability into this conversation which was the last thing in the world I wanted to hear, but whether it's fortunately or unfortunately, he was successful in his task and I reversed the withdrawal.  

I only played three tournaments the following day with one 7th place finish. I withdrew $150 and then spent the next couple of days over my friends Michelle house. Definitely needed to get at least one live tournament in and I played to the shovefest donkfest $50 tournament over at the Golden Nugget. MIB decided he wanted in on half the action and away I went. 25 entrants only the top three were getting paid and unfortunately I finished in 6th, but damn I enjoyed playing in that live tournament so damn much. It may have been a good thing or it may have been a bad thing because it's just got me more and more determined to get off of the full time online grind and mix in some live tournaments with it.  It's like a never-ending craving. Give me live tournaments are like crack and just like the drug also takes is one time to get you hooked and believe me ladies and gentlemen I was hooked on live tournament play years ago. 

I may have reversed that largeish withdraw but playing at The Golden Nugget just enhanced that never-ending craving and to that end I am taking immediate steps to get off of this full time online grind as fast as possible. To hell with waiting, but even I understand that I do need to have some backup money so effective immediately not only has my online bankroll approach just changed, but the monetary goal has been significantly decreased.

Online Bankroll:  $1,000
Aria:  $500
Golden Nugget:  $280
Expenses:  $220

All I need to do is get to $2,000 in earnings so I can get the hell away from this computer and out in the real world for at least a 4-day try. Unfortunately till I get there I will keep grinding, but a significantly different approach. I'm setting my low point bankroll of $500 which means below $500 it's only $3 deepstack rebuys and nothing else, but a bankroll of $500 and above and I'm dabbling in $20 tournaments maybe I can only do it for a day here and there maybe the bankroll will fluctuate from above $500 to below $500 to back up, but I am not sitting back waiting for thousand dollars before I start playing these $20 tournaments because just a couple deep runs in his these will Skyrocket tbe situation. For the rest of March MIB and I being I are involved in another half action stake agreement with me playing the $20 deepstack freezeouts each day. $160 is the cost for each of us so let's see how we roll in these the rest of the month. 

So I went in for the laser eye surgery and lo and behold contrary to the information I was given when the appointment was made they refused to do both eyes at the same time. So we started with the right eye, did that one, and I'll have to have the left eye done in 2 weeks.  He warned me I would have blurry vision for 20 minutes, he told me that's because of the dilation that would be an issue, but what he didn't tell me and to wit why I had visions and fantasies of committing a freaking homicide, was that my eye would water almost non- stop for two straight hours. Grrrrrrr!!

After 4 hours my eyes return back to normal or at least what was normal for me. The doctor that I'm dealing with was actually very nice all during the procedure which was a far cry from what he was during the initial consultation.  Granted he's an eye doctor, but the man had all the patience, understanding, and consideration of a spitting cobra during that initial visit so the change in his overall attitude was definitely a pleasant surprise. I do try to be understanding about these things and maybe he was just having a bad day that first time it happens to us all.  So in two weeks I will get the left eye done and then I can put this behind me and just go on and continue to enjoy life and seeing this beautiful world and every bit of beauty, enchantment, and mystery it has to offer.

That's a wrap up for now. Yesterday I played just a couple of tournaments not counting the $20  deepstack that's part of the half  action stake and I finished 6th in one of them for a $41 return so nothing significant. Today will be my first full day schedule in several days and I have dropped the 6-max tournaments that I've been playing. I don't feel they are in my wheelhouse although I did retire them with a small profit. I've added the $2 rebuy back in after looking over PokerProLabs and finding that when I used to play it I went 3 out of 10 so not quite sure why I stopped comma but knowing me probably because of the smallish payouts for first place in the $50 to $70 range, but at 11 o'clock in the morning I'm not doing much else anyway so I might as well throw it in. Until next time take care everyone and I'll see you at the tables.

Bankroll:  $657.47
Goal:  $2000
Progress:  33%