Sunday, July 31, 2016
Saturday, July 23, 2016
I was up till about 3 a.m. with all of this going over and over in my mind and then I realized it's because tournament play is always changing. The changes in the blinds, the stack sizes a lot of times determines what you can do and how you can approach it and for me I find cash games, for the most part, takes that away and it just seems so mundane to me. It was about 3 a.m. and I was ready to get some sleep and I realized I needed to go back to what I am, who I am, and no matter how I try to slice and dice it, no matter how many times I've gone back and forth back and forth over the last 6 months, when it comes right down to it I'm a tournament poker player and I always will be. I set my alarm for 8:30 a.m. to get up for the 9 a.m. $3 Deepstack Rebuy and I was determined I was never going to look back again.
Tuesday, July 19, 2016
I played my last No Limit cash game today and unfortunately I have to say that it is not profitable enough for me to continue. I've heard time and time again that you need a significant sample size of hands to know whether or not one form or another of Poker is profitable and I've always heard that sample size to be at least fifty thousand hands. I have played in excess of 67,000 hands since June 9th and my earn rate is 1.5bb/100. Obviously this is not the road I'm supposed to be on. I always knew that grinding No Limit cash Games Live was not something I wanted to do, but I thought that doing it online would be a good spot to build up to the necessary bankroll for my plans, but obviously I was wrong.
Unfortunately I don't seem to have anywhere else to turn. WSOP offers mostly rebuy tournaments and my ITM percentage in those is hideous. Other than that my choices are $1, $2, and $20 tournaments. With the bank roll dropping below $440 I am obviously not rolled the $20 tournaments and as for the $1 and $2 ones even at a 30% ROI the best I could hopefully average in earnings per day is about $5. It looks like it may be time to close out the WSOP account. Obviously there's no sense in continuing what I've been playing because considering the time that I put in it's just not worth it and if I put in less time think about how much longer any goals that I set would take. No matter how you slice it, no limit cash games are just not meant for me. This may also be the end of this blog. If I have nowhere to go in poker, nothing to play, there's not going to be much to write about.
The only other option I see is attempting to play $2/$4 a lot earlier than anticipated. I have $236 online, another $200 offline, a new credit card with a $500 balance on its way which I could turn into $500 in cash without paying the higher interest rates of a cash advance, and I can add another $165 to that. In total I would be looking at almost $1,100 for a starting bankroll at the $2/$4 live limit tables. Other than that I see no other possibilities and let's face it that possibility in itself may not exactly be the best way to go. Under rolled and a $500 credit card debt to get started. Unfortunately it might be the only option left.
It is a sad day for me because I really thought this would work but the volume put in along with the earn rate tells me otherwise. I'm out of ideas , but I'm not doing anything just yet I'm hoping something comes to me, something I haven't thought of yet, but I think I've thought of everything. No limit cash online the earn rate is not good enough, limit games online are non existent, SNGs have no resemblance of regularity, and MTTs well that's already been touched upon earlier in this entry and when it comes to online poker those are all the options available.
It is with a heavy heart and sadness that I bid you farewell. If any other option comes to mind I will definitely be writing about it in this blog, but as for right now I just don't see any viable future. Take Care everyone..... be well.
Thursday, July 14, 2016
Now the player I had this conversation with said that this was one of the only ways they would fold KK preflop here,but since I had no information on him I don't see how I can assume that he holds AA. To me,it would have been more likely to be an AA situation if UTG had limped/3bet preflop, but while I realize AA is a possibility I have to consider other possibilities as well. QQ and JJ spring to mind along with AK and AQs. Hell I have seen crazier all-ins preflop on these tables. I made the call, but what would you have done? Keeping the results secret for a few days was I right or was the player I discussed the hand with correct. Are you snapping or are you folding?
That's a wrap up. Tomorrow is a new day and a new 14 hour session. Maybe tomorrow and the following days are the days I bust out of this frustrating funkiness I have been in all month. One can only hope. Until next time, take care everyone, and I'll see you at the tables.
Tuesday, July 12, 2016
Friday, July 8, 2016
Wednesday, July 6, 2016
Sunday, July 3, 2016
July started off with what appeared to be a horrendous start. I played on the 1st and the 3rd and took the day off on the 2nd to visit a friend in the hospital and on the 1st, since I knew I was taking the following day off I put in an extra long session which turned out to be a good thing because if I had played my normal session the start would have been more horrendous than it was.
On July 1st to start off the month during the course of the session I found myself down ($67) and in a hole that I was going to have to climb my way out of. Being down 6.7 buyins and is a little disconcerting and a lot of time you have the natural reaction to question yourself. Am I doing anything wrong? Did I screw up somehow too be this much down playing for nickels and dimes in a single session? You then recall the hands that you've been losing the big pots with and that usually will answer your question one way or the other. In my case there wasn't much I could do. Here are a few examples.
QQ vs. JTo: Ten on the flop, and another on the turn.
KK vs. AQ aipf Ace on River ($8.30)
Flop set lose to rivered flush
Flop Broadway, absolute nuts and lose to a full House
AA cracked by JJ. All-in on the flop 2 outer hits the turn.
When things like that happen over and over again the only thing you can do is utter a few curse words, try to curb the urge to throw the laptop against the nearest wall, and simply play through it. That session on July 1st ended up going just shy of 15 hours with over 2,500 hands played and it was in that last few hours that I was able to pick up just over three buyins back making the loss for the day ($35) which all things considered wasn't too bad as it could have been a lot worse.
As I said I took the 2nd off and tonight, July 3rd, I put in a session of about 11 and a half hours going just a little over 1,800 hands and earnings of $22. I cleared another $10 increment of the bonus, $2 in daily rakeback and at this point I am up $1.10 overall because of the bonus and rakeback and at the actual tables still down ($12.90) After tonight's session I ended up with a bankroll of $487.10 putting me $12.90 away from the magic $500 mark and some hands and sessions that include $20NL which will hopefully be successful and allow me to grind more APPs per day in an effort to clear bonuses remaining a little bit faster to say nothing of increasing the daily earnings. The drive for five is still alive.
That's really all there is for now as there's nothing too exciting to be reporting at this time. I want to take this opportunity to wish all my readers a very happy, fun, and safe 4th of July in whatever you will be doing to celebrate the holiday. I was considering if I was going to do anything this year, but although it might be enjoyable I really should not give up a day of grinding just to watch a few fireworks go off. Putting the grind off to have fun is one of the things that put me in the low bankroll and still being forced to grind online situation that I'm currently in and I'm doing my best not to repeat my mistakes. So the to the rest of you I will simply say have a great holiday. Take care everyone and I'll see you at the tables.
Friday, July 1, 2016
Tomorrow should be a full session, 11 hours, and close to if not exceeding 2000 hands. Ended the session early today because I forgot to take a caffeine pill that I pretty much now need on a daily basis if I want to meet my volume expectation and goals, but I forgot to take it today and by 7:30 I was yawning my head off. Not tired enough to go to sleep as I am writing this entry at 125am., but I've played this game long enough to know when you startyawning you better damn well get away from those cards and away from the table and that's exactly what I did. It is vital, if I want to get my volume goal completed each time I play, I need to take a caffeine pill two or three hours after I start the session so around 3 p.m. that will get me through the rest of the night.
$10NL Earn Rate: 8bb/100
$20NL Earn Rate: 6bb/100
Table Earnings: $320
These goals are based on $10NL only. While it is true I am very close to $20NL I could fall into some negative variance or even a full-fledged downswing beginning tomorrow so I cannot assume anything except the level that I am currently playing. If I am able to get into $20NL and am able to be successful then I will surpass my goals so the goals that I have listed above are what I feel to be the minimum expectation for July.
As the bankroll approached the $500 mark I am starting to wonder just when I should start withdrawing some of the money and holding it aside or better yet storing it in a safety deposit box in the form of cash or poker chips. Ever since Black Friday I have been concerned about keeping money online and while WSOP is a US regulated poker site the threats that legislation could be passed reversing this, hackers, and any number of things could happen that I don't want to keep more than a few hundred on there at any one time. It may sound just a touch paranoid, but better safe than sorry. I think many of the Full Tilt players back then would agree with this sentiment.