Well my last post where I somewhat outlined what my approach was going to be when I make my deposit on wsop.com has being pretty much been tossed and unfortunately I feel that I will have no choice but to play the $3 deep stack rebuys guaranteed prize pool tournaments. I looked over the $1 and $2 tournaments that have been completed this morning and this afternoon and unfortunately they just do not offer enough of a money return. Most of them have 20 or 30 players paying maybe $20 for 1st, but it's just not enough to try to accomplish or grind a legitimate bankroll.
If I am going to grind a legitimate bankroll online and with sporadic live play it's obvious I'm going to need to be playing in tournaments that offer higher rewards, either that or I'm going to be living in Las Vegas for the next 20 years trying to grind this up. Not exactly why I came here.
With that said each tournament will cost me $5.73 and that counts the initial rebuy to start with a double stack. I see there are about 5 tournaments a day in the $3 range and if I am successful and can grind up some profits another 5 or 6 in the $5 range which would be a little less than $10 for each when buying for those. I'm going to have to run very hot very quickly or I could go through that hundred dollar deposit in just a few days time, but the way I look at it there really is no choice in the matter so I will simply do what I must do.
I actually would like to eventually turn into a No Limit cash game player, but let's face it if I go the route that Rob from Robs Vegas poker does and his standard $200 buyin oe the route the Trooper does as I believe he buys in for the $300 max that is most prevalent in this town. A live cash game bankroll is 50 buyins so you're talking a $10,000 and $15,000 bankroll respectively. No matter how you look at it I'm a long way from being able to grind 1-2 live, but it is something that I would like to see happen eventually. In a perfect world have the bank roll to grind 1-2 No Limit cash games and add a few $125, 30 minute blind level tournaments in each week. A long road to be sure, but I'm someone that adamantly believes you must always have something to work towards. Goals is what keeps the mind sharp and alive.
I'm going to wait till November 8th to make that deposit at one of the Caesars properties. Since I'm going to be out and about that night anyway I figure best to take care of everything all in one day. So from now until then I'll just be playing the freerolls on wsop.com. If I can pull off a win in one of the 6:45 p.m. $100 freerolls that'll be worth about 20 bucks and would give me three buyins for the $3 rebuy which could possibly get me started earlier than expected.
Out of the $822 that I will get for my disability payment the beginning of November, I figure Misty is going to need about a $200 loan plus my regular share of $290 so that the rent is paid. $100 for wsop.com, $100 for that concert date I've got, and another approximately $130 in other expenses that I've got which will include a wireless mouse for my grinding as I can not stand using the built in mouse control on a laptop.
Monday is my birthday and I will still be at my friends house cat sitting and will be going back to my place sometime Wednesday. Misty seemed rather insulted that I wouldn't let her make me a cake and cook that special dinner for my birthday so I agreed to let her do it when I get back. I originally thought I could just dodge it altogether. I'm turning 48 years old and quite frankly birthdays when your middle age is something you try to avoid at least for some people. It's just another reminder I'm getting closer and closer to the big 5-0 and I'd prefer not to be reminded of that little fact lol, but friends being friends I suppose they have some enormous need to celebrate these special days.
And as for, if not my immediate future, but just a little bit down the road, and this is not poker related but more living situation related, I would like to rent a place somewhere downtown or near the Strip. Even if everyone gets employed, the fact of the matter is I want my own space at some point although I will have to admit if everyone does get gainfully employed and contributing the cost per month is going to be very hard to ignore. If you figure 5 people splitting a $670 rent, $110 cable payment and $66 electric bill rounding things off your talking $850 split five ways is only $170 a month plus food and that is impossible to beat, but quite frankly with the attitudes that I receive about what I'm trying to accomplish, my goals in the live poker scene and online, I'm not sure if the inexpensive monthly cost is going to overcome that more than a few months longer.
That will be all for now. Tomorrow is sunday football and will be nice to be able 2 watch that uninterrupted as over at my place always seems like something is needing to be done. It's so nice and quiet staying here at my friends house watching her cat and that's another reason why I see a move within 2 to 3 months happening. Take care all and I'll see you at the tables.