Sunday, June 25, 2017

A Couple Quick Comment Responses

Pokerdogg said:

I have asked this question before and I don't think you ever answered it. Why are your volume so low? Using your 45% ROI, and let's say 18 full days equivalent and $25 total profit, that is $3.09 per day of average buy in. Why are you averaging 3 tournaments a day? This makes no sense, unless the ACR site is dead and run only 4 or 5 of these a day. Volume is your friend in online poker.

Sorry there Mr Dogg I thought I had answered this. On ACR the available $1.10 tournaments are as follows. That is to say the available ones that I would play because I'm not waking my ass up at 6:30 in the morning for a 7 a.m. tournament and I'm not staying up around the clock.

4:45 p.m. PLO 6 Max $100 Gtd
5:30 p.m. $1.10 NLH $50 Gtd
7:20 p.m. $0.55 PLO8 Rebuy
7:45 p.m. $1.10 6 Max KO

Memphis MOJO said:

Why not give SNGs another try. The are grind, but pretty much a sure thing for someone like you.

I did for 2 days. If I had to do this for one more hour I was going to smash my skull through the nearest wall. I hated it!!

Something had to be done and I came up with a decision that threw bankroll management out the window and gave me four days of Poker life left. That post will be coming relatively shortly.

Thursday, June 22, 2017

Rock And A Hard Place

I feel like I'm caught between a rock and a hard place also known as the old catch-22 and no matter how you look at it, what it boils down to is that without an influx of serious cash to add to my bankroll I'm not going to get anywhere fast. 21 days of June complete, 16 of those days full poker days, total earnings and this is including a couple of dollars in rakeback which granted ain't much, but total earnings of $25.  something has got to give. I've got to figure out a way to increase earnings to get me into actual tournaments that are going to actually produce some real money. Playing in tournaments that are paying at least or close to $100 up top if not more comma but at the same time not having to face fields that contain hundreds of individuals, the bottom line is I need to be playing in tournaments that are $5.50 and up.

However, there is the ever so slight problem of available funds. Sure, I could take my $125 and say let's shoot the moon and start playing those $5.50 tournaments. Then again I can play Russian roulette with six bullets in the revolver and neither one of those ideas is really a prosperous one. I could continue to play these micro tournaments until the disability widowers benefit kicks in hopefully in November, and on the other hand I could tie a rope around my throat and choke myself until I pass out, but neither one of these options is particularly appealing. 

What is it that I can do that could generate earnings that could be utilized towards some buyins at the $5.50 tournaments and even higher. I could try no limit cash games again only this time only play a single table of them, but then again I could also paint a wall and watch the paint dry because the two activities have approximately the same level of excitement for me personally. Yeah let's scratch that thought right there.  I must admit that if I did add cash games then it would increase the rakeback I'm getting. I mean hell if I could work that sucker up to a couple of bucks a day it would be more than what I'm making at the tables right now.  ACR does have a limited amount of limit games which I do enjoy much more so than No Limit, but the only thing that seems to go and be played on a steady basis is $0.04/$0.08 and $0.40/ $0.80 Stud Hi-Lo. Obviously with $125 I should not be playing the latter and I can't imagine that the former providing that much earnings potential. Not to mention Stud in general could possibly make me want to smash my skull into a brick wall. If you think that bad beats happen in Holden try playing Stud sometime. Believe me you ain't seen nothing yet. However it would generate a certain amount of rake and thus generate a certain amount of rakeback since I get and am on 27% rakeback on ACR, and  assumedly generate a certain amount of earnings. This is a possibility and let's put this on the back burner for a few moments.

The only thing that is left is SNGs. There's only one little problem with SNGs, I don't do well. The last time I tried this little endeavor for NLH SNGs I played in like 36 of the damn things and came out stone-cold even. Yeah that's two days of my life I'll never get back. Maybe I didn't play enough of them, maybe I was just in a cold run, then again maybe for me breaking even is a heater for all I know.  It is giving me something to think about. The lowest SNG on ACR is $1.65 and if I could by some miracle play 20 a day and get and maintain a 10% ROI in them that would be an average earnings of $3.30 a day. Work my way up to the $3.30 SNGs  now we're looking at $6.60 a day plus whatever money I could make playing the stud Hi-Lo game plus the right back I could actually make enough to play a couple of the $5.50 tournaments each day and a deep run or two in these and all of a sudden I'm looking at a bankroll that has hundreds of dollars in it, not treading water trying to keep it above the $100 mark.

I'm sure I don't need to remind anybody because my readership has memories that don't quit, but this is the exact thing that I have been trying to avoid. I mean I've had these thoughts going through my head recently and I have been saying no I'm not going to do it this time, I'm going to stick with my micro tournaments, but after 21 days, 16 of those full poker days and only making $25, I feel that my continuing to say no I don't want to do this is just being stubborn on my part. It's another case of being caught in a catch-22 because half my readership is going to be happy that I am trying something to increase the earnings and the other half is going to put me down for changing up my plan again. No matter what I'm caught between a rock and a hard place.

But no matter what anybody may say, pro and con  I don't see any other choice. I mean I have an ITM percentage of roughly 33%, have made 12 final tables and I'm still only earning $25 total. Something has got to give. I think I'm going to try this on a temporary basis and see what happens. If it proves profitable continue with it, if it doesn't prove profitable go back to my micro tourneys I mean at least I am earning something, but at the same time I'm going to have to give myself some sort of numerical testing timeframe. Let's say a 1 week test, that should give me enough time to play at least 100 NLH SNGs and see what the results look like. At the same time play the the micro Stud Hi-Lo and see how much I can make from that. A one-week test and see if I actually have a bankroll left at the end of that time. See how I look after the first 100 or so SNGs and then decide how to proceed from there.

Tomorrow is Thursday and Friday I have a doctors appointment at 9:45 a.m. so it should not interfere too much in the grind. However, I feel I've got a battle coming up with this new doctor on Friday as I saw what my test results were from the blood work online. Thanks to my friend Michelle as she instructed me how to obtain this information and it looks like I am a pre-diabetic which means my sugar is high but not high enough to have type 2 diabetes, and it looks like I am also borderline on having high cholesterol and I am sure that me and my new doctor, whom I affectionately already refer to as that Crotchety Old Goat, is going to have to something to say about this. I get the feeling that when I do my monthly shopping trip on the 3rd of the upcoming month he is going to want me to be eating things that you would find in a rabbit cage.

That's going to wrap this entry up and the next entry will be one week from today. Next Wednesday night I will write an entry telling you how things went. If I feel up to it I might even do a midweek entry just to keep you up-to-date on how things are going. Right now they are going very slowly and I just hope that I don't take a really bad hit in doing this. I hope it's not a case where I should just be satisfied with the small amount I'm making because it's better than losing, but we will see what there is to see. No matter what I think I need to put a solid effort into this and see what happens with the first 100 played. Until next time take care everyone and I'll see you at the tables.


Bankroll:  $125
Goal:  $1000
Progress:  12.5%


Wednesday, June 21, 2017

Friend Or Foe I Really Don't Know

Apparently Caleb decided that he had a few things he wanted to say to me so much so that he decided he wanted to submit it twice, but I figured just posting it once would be sufficient, but nevertheless I guess I should respond. I'll take each point and try to remember not to tell him to take a flying leap in the process. Caleb's opinions will be in bold print.

Caleb said:

Tournaments have a shit ton more variance than cash games do. A great tournament player can have a losing *year* playing a full schedule, while it would be extremely unlikely that a great player will have a losing year playing cash games.

That is your opinion and perhaps that is your experience. My experience however is completely opposite. I could post a list of screenshots, I could tell you about the times and multiple times where I have flopped a set and lost eight out of 10 times with it, I could tell you all sorts of stories but it would be meaningless because you've already got your mind made up so nothing that I say will make any difference, but the fact of the matter is with me tournaments are the steady money. Don't get me wrong I have my downswings like everybody, but overall they have a much more steady increase on the graph.

You seem to think that the only reason for your losing in cash is because of variance. Not only is this incorrect, it is also a fairly lazy attitude to have. You likely have leaks, and may even be -EV in these cash games, so to simply handwave away your results as mere variance is going to cost you money in the long run if you don't start working to improve your game.

You Sir know nothing of my game, but I have had an eyewitness account of what has happened to me in cash games, I have had an eyewitness account of the hideous beats that I have taken for stack after stack after stack after stack, but immediately you assume there's something wrong with my game and furthermore when it comes to poker I put in a lot of hours scratching and clawing for a dollar or 2 so you may call me many things, but lazy is not one of them!!

I also detect a bit of a false confidence that borders on arrogance. When you claim that "I will never be outplayed," you are not being confident, you are being naive.

That's right and I'll say it again I will not be outplayed I will only be outdrawn. That is a fact and it is not arrogant it is confidence because if I don't have that thought process in my mind when I'm walking into a live tournament I might as well turn around and walk right out again and the same thing goes for online, I better have that confidence in me or I better not play that day.

This somewhat reminds me of Mike Matusow from several years ago when he made similar proclamations. Well, the game passed him by and it wasn't until recently that he started to work on his game that he started to have success again.

Oh joy you're now comparing me to an ex-con druggie. Thanks for the great compliment and take a long walk off a short pier while you're at it.

I hope you don't take this the wrong way as, I, and I'm sure everyone who comments here on your blog are sincerely rooting for you to succeed. I just wanted to stress how imperative it is to continue to work and improve your game.

Well geeze just why in the world would I ever take something like this wrong. Let me see you have called me lazy, arrogant naive, compared me to an ex-con druggie, and you have no idea of the actual details of the losses, the wins, or anything else for that matter, but goodness gracious how could anyone ever take something like that wrong.  When I first read this I just chalked this up to another hateful troll because Lord knows I've got a slew of them out there, but in your last paragraph you actually have the statement that you are rooting for me and if you are that's very appreciated it really is, but unless you have been beside me this entire time and seeing what I have experienced then as far as I'm concerned you can take your assumptions and shove them in a variety of internal places.  You assume a lot and you know what they say about people who assume.

Thursday, June 15, 2017

Slow Progress And A Major Opportunity

The progress is going slow, but it is going in a positive direction for the month of June. Entering today's action earnings were $31.70 over the first 14 days however this was not 14 full days of play. A full day  typically for me is 8 to 10 tournaments on average per day, sometimes a little more if I hop into a private tournament or two whether that be a pay tournament or freeroll. I only played a full day 9 of those days. On the 1st, 7th, 9th, and 14th I only played in 5, 1, 1, and 3 tournaments respectively, and on the 4th I took the day off completely. So those for partial days would act up add up to a full day so in the first 14 days we can say I played 10 full days of tournaments. The results we're $31.30 in total earnings after the first 14 days and 10 full days of Poker which comes out to $3.13 per day. The reason I point this out specifically is because of the point I want to address. 


"Personally, winning $22 in 9 days is entirely to much effort for me FD puts in full days of grinding so far for the month with a profit of $22 (less than 2.50/day.)."


The above was a portion of a comment that was left on the post I did two entries back. And I focus on this because I know for a fact this is the attitude of many of my readers and it's really an attitude I just don't understand. Being a tournament player is so different from being a cash player in the fact that when we hit we hit for a amounts that increase whatever we're making per day by a factor of four or five in one fell swoop. Take last night as an example yes I was only making about $2.50 per day, but I finished 15th out of 235 players in a $3.30 NLH $500 Gtd tournament. If I had won that tournament it would have paid $136 up top so all of the sudden with a single win I'm now making 4 times more per day than what I started the day at. This gives the opportunity to play tournaments that cost more and winnings and the higher price tournament increase that amount per day maybe six seven or eight times of what it was. So I can go from making $2.50 a day to $10 a day to $40 a day to $100 a day and more.  It's a progression, but in order to take advantage of this progression you do have to be very patient about it knowing your times are going to come. 

At the end of play yesterday total earnings were  $31.30 so that's an average of $3.13 per day since I have calculated 10 full days where I played. Today was a decent day going 346 with two final tables .  Only made about 14 bucks but that's okay  these are micro tourneys  and when they pay 18% of the field  only the top three again in anything  relative.  However, during this time I have gone 28 for 78 in the regular tournaments with 10 final tables, but no wins yet. It is an ITM percentage of 36% and an ROI of 45%. Total earnings are now $46.74 over 11 full days of tournament play. That puts it at $4.25 per day. As you can see it is increasing, slow but sure, but it is increasing.  All in all I'm very satisfied with the results thus far for June. 

Another point I wanted to hit on is why some readers notice that I will change my approach from time to time is because of the slow progress that tournaments can produce. I have to admit during the month of June it has happened again. All of a sudden my mind started going through what can be done to increase the pace.  Cash games and SNGs came to my thoughts and each one of these is not my strong point yet a very large part of me was thinking "what happens if we give it one more try" "maybe this time it will be different" "maybe employing these along with the tournaments could increase this pace". These thoughts entered my mind just as they had so many times before. The only difference is this time I'm not going to fall victim to these thoughts. That has been the problem in the past I'll start adding cash games or think I should switch over to them for a couple of weeks and I will get hammered at it because of the increased variance and cash games vs tournaments. Or I'll add SNGs as I have done previously only to play 36 of them and come out absolutely dead even. What's the point. I know what kind of a player I am I know what I'm best at so no matter what the circumstances are, no matter how slow the earnings seem to be increasing comma I need to stay the course and at least on this particular occasion I am proud to say I am doing just that.  I did not fall prey to these thoughts racing through my mind. We take our victories any way we can get them no matter how small they may be.

Now for the major opportunity that has been presented to me and actually this is the second time it's been presented to me in as many weeks. Somebody that I have known through blogging for a few years now I finally had the opportunity to meet in person when he got in touch with me and asked me if I would be interested in being staked to a tournament in the Grand Poker Series at the Golden Nugget. Standard staking agreement meaning I have no financial liability should I lose and he was willing to split any earnings 50/50. His name is Rhett, that's his real name as he told me there was no need for an alias and two Sundays ago we met for the first time at the Golden Nugget. He immediately struck me as a very decent likeable fellow and I thoroughly enjoy the conversations that we had the opportunity to engage in. We each registered for the tournament and tried to do what we could do.

On level 2 I was able to double my starting stack of 15K to just over 30k when with one limper and blinds of 50-100 I raised to 500 and two players to my left 3bet me to 1500. I could have called here and trapped him on the flop, but that does not come without certain risks, or I could have 4bet a moderate amount, but something told me that he would call a shove. I shoved he thought about it for about maybe 10 seconds and called with AKo. A queen High flop and nothing more on the turn and river put me at over 30k.

Levels 5 through 8 was like walking through a dead zone. During the course of those two hours I only received 4 playable hands and that was it. Although the blinds and antes weren't extraordinarily large they still cost my stack a good portion.  During a couple of the breaks the one and only Tony Bigcharles joined Rhett and I outside of the Grand Room where we chatted just a little bit as Tony was in the Omaha8/Stud8 tournament I believe it was. Like most in the poker community Rhett knew of Tony through blogging. Talking with Tony is an interesting experience as anyone that has done so will know. When Tony gets on a subject he has a lot to say and sometimes I swear he doesn't take a breath in and only exhales lol. 

Levels 9 and 10 I picked up some pots, but they were only small and finally by the time I got to level 13, I was just dwindling and dwindling when I finally shoved with a one gap suited connector with about 6 big blinds left. The small blind called with 2 overcards which considering what I had wasn't difficult to have and if that was the end of the story I would have been very happy with this as although I was a 3-2 to underdog, at that point in the tournament I was willing to take those odds, but unfortunately I also ran into the big blind who woke up with AA.  There was actually an eight on the flop and I had life, but the river paired the queen that was also flopped not hitting any players and giving the AA hand top two pair and the pot and I was out.

I felt bad that I wasn't able to make money for us, but Rhett seemed satisfied with my performance and asked me right then and there if I would be interested in doing another stake in a couple of weeks. Obviously I'm not going to say no to this generous offer and that time has come and tomorrow Friday June 16th, 2017 I will be playing in event 27 of the Grand Poker Series at the Golden Nugget. The same tournament as last time. A $150 buy-in with a 15K starting stack and 30-minute levels and a delicious-looking structure. Obviously no one can know what's going to happen, but like last time I will play my heart out and do my absolute best although while texting I told Rhett that since he was the one that was doing all of the risk monetarily that if I do end up cashing this time I did not want it to be a 50/50 split that he definitely deserved at the bare minimum at least 60% of the take if there is any take to take home that is.

That's going to wrap this entry up.  it's now 10:36 p.m. and I want to be heading to sleep by midnight so that I get at least a solid seven or eight hours shut-eye and be primed and ready for tomorrow. I will be doing updates after each level on Twitter. My Twitter handle is @flushhdraw for anybody that's interested. So that's going to do it for now.  Current bankroll is $146.74, but who knows, after tomorrow it could be significantly more.  Maybe not but to get rid of me it will either take a bad beat, a cooler like running Kings into Aces or an extra long period of card deadness. I can be out drawn, but I will never be out played. Take care everyone and I'll see you at the tables.


Bankroll:  $146.74
Goal:  $800
Progress:  18%

Sunday, June 11, 2017

Comment Responses

Ace said in part:

Have you thought about doing one of the monthly poker room promotions around town? I think Treasure Island has a weekly promo

And Thomas Toole lll added in part:

I have suggested this in the past as well. 

I admire FD love for poker and grinding it out. Personally, winning $22 in 9 days is entirely to much effort for me FD puts in full days of grinding so far for the month with a profit of $22 (less than 2.50/day.). 

I would much rather see him save the $8 daily buy ins and play a cash game for 2 short buying or tourney when the funds are available to play 2-3 live tournies in a day. Micro stakes tournies & cash are no means to an end goal. 

Maybe he could get a stake for the cash games at TI. Buy in for the minimum and any losses of the stake comes out of the $600 rakeback. This is something I would support and consider helping to fund.

Guys here's the problem. I hate No Limit cash games. I hate saying the phrase No Limit cash games. I have played them live I have played them online and each one has all the excitement of watching newly applied paint on a wall dry. Anyone and I mean anyone who went into something like that whether on their own dime or a stake that hates every second of being at that table is not going to play there optimum. They will not be playing there A game every step of the way and there is no way in the world I would risk somebody else's hard-earned cash and their trust in me when I know damn well it is very very very likely, that I would make mistakes or play hands that I shouldn't just because of my mindset and boredom of being in that game. Ig somebody wanted to do a stake based on me playing $3/$6 ot $4/$8 limit Hold'em hell yeah bring it on. Or if they wanted to offer me a stake on a certain number of live tournaments played I would jump at that opportunity, but accepting a stake with the intention of playing no-limit cash games, knowing that I would not have the proper mindset going in isn't something I would ever do.

Tony Bigcharles said:

I'd be more inclined to wonder what u were doing in the sportsbook

And Pokerdogg added:

It is a valid question regardless of who asked it.

Well not that I think this even deserves an explanation, but ACR has its own Sportsbook and you can bet as little as a dollar. So I take a dollar each day and I put it on a 4 or a 5 team parlay for the baseball games and you know maybe I win $10, maybe I win $12 maybe I win $7 depending on how many teams I played. Overall on the year even with the dollar parlay that I lost today I am ahead $18.79 at the Sportsbook. It's not like I'm losing nor am I risking very much and I never risk more than a dollar and every so often $2 in a single day, but the fact that I show an overall profit must mean it's not the worst idea in the world.

Friday, June 9, 2017

My ACR Results Review And The Start Of June

This is a pretty long entry so you have been forewarned.  

Taking a chance, considering I have certain concerns about WSOP, I nonetheless decided to make a return to that site, but this lasted only a single day because the very following day in their Infinite wisdom or lack thereof, they decided they did not want to cater to the small bankrolled players apparently and took away all $1 and $2 regular tournaments.  The only reason for the return to that site was because I realized that on ACR I was facing three times as many players in the $1.10 tournaments to get only double the amount of money up top because they pay so many spots out and for roughly the same buyin. Oh well if they want to have that kind of attitude to hell with them. ACR has a much better selection of tournaments even for those of us with small bankrolls.

So back to ACR for me and this time it would be permanent. I got my Bitcoin all straightened out so time to start utilizing that form of payment to establish a history of Bitcoin transactions, but according to some reliable sources I need to set up with a third party as well. I noticed deposits over to ACR from Coinbase are coming with a 12.9% fee. Sending money to the bank account is considerably lower so any future deposits will be done via MoneyGram since ACR will give me my Moneygram fees back from what I understand and I will utilize Bitcoin for the withdraws. The bottom line is I ended up starting June with a bankroll of $100 exactly. 


My time on ACR this year from January through May 31st has not been a profitable one. 
 
MTTs:  ($108.15)
SNGs: 23 for 60:   ($15.11)
Cash Games:  ($53.91)
Bonus:  $82
Rakeback:  $14.21
Casino:  ($5.15)

Sportsbook: $27.79

Net Total:  ($58.32)


Don't even ask what I was doing in the cash games when I have sworn off of them but at the time I figured hey a different site maybe something will happenen. It happened all right but in the wrong direction. Cash games just have such a higher variance than tournaments, but I tried and I move on. 
Obviously my biggest concern is my performance in tournaments. You would think that with them paying 18% and 20% of the fields that I would be crushing it, but that is not the case. a funny thing with tournaments over on ACR is that they have varying degrees of late registration times not to mention various structures.  The decent guaranteed prize pools for a low buyin have either a 3 hour or 5 hour late registrations and in those specifically I have lost just over ($106).  Here is the breakdown when it comes to these late registration times.


1 Hr:  $32.28
15 for 55 / 27% / 37% ROI 

1.5 Hrs:  ($27.78)
10 for 52 / 19% / (- 31%) ROI 

2 Hrs:  ($1.28)
20 for 69 / 29% / (-1%) ROI 

3 Hrs:  ($80.54)
3 for 34 / 9% / (- 89%) ROI 

5 Hrs:  ($25.49)
1 for 13 / 7% / (- 74%) ROI 


Now I grant you the sample size is not large but there is a definite pattern to this. 3 hour and 5 hour late registrations are atrocious for some reason.  A combined for 4 for 47 and losses totaling over ($106).  I don't know what the exact reason has been for the poor performance from January through May. It could be the time of the late registration, it could be the fact that those tournaments have hundreds of entrants in them and I just have not run deep yet, it could be I was not observing correct bankroll management as in playing $3.30 tournaments with about $50 or $60 on the account and the Poker Gods decided to bite me in the ass over that maneuver, and it could also be as far as the overall picture goes for these five months that I was playing the majority of these when I was going through my period of depression. 

Obviously my mind was not 100% on things. I'm not looking for an excuse, but more so a reason and I really feel that being as depressed as I was with my mind not totally on things that was the major reason for my poor performance. Since I am out of that depression and back to my fully optimistic happy-go-lucky self that has that feeling within mind and spirit of complete invincibility, the only way I was going to find out for sure was to see how June would go. If all of a sudden I started turning profits even if they were small profits because of the low buy-in amounts I'm forced to play that would go a long way in telling me one way or the other.

After the first 5 months I am showing a profit this year, but the profit is only a little over a couple of hundred bucks taking into consideration the over $500 in online earnings and the ($276) in live losses thus far and withdrawals of $169.95 in which had nothing to do with having fun but had everything to do with either half the buyin on a half action live stake tournament or just putting food on the table at the end of the month when things ran a little short.  However, although I have very little left over at the end of the month anymore, I think I've created a monthly budget where I will not have to touch my poker money.  I must admit however, I do believe participating in those half stakes was a mistake in of itself.  Playing a tournament sporadically here and there is not usually going to add up to profits and I think I am much more likely to show some live profits if I can string four or five tournaments played in consecutive days so stepping forward that is the primary goal.

So it's time to build and build some more, but what will be the precise monetary goal here on ACR and what exact bankroll management plan do I want to employ. With so little left over in my regular monthly finances it is imperative that I protect my bankroll to the extreme and this means setting up a bankroll management plan where I am almost sure not to tap out because my bankroll is not easily replaceable and at the same time being able to go out and play live poker while at the same time keeping enough online to go back and do that as well if needed or for the days I just don't physically feel up to being out and about because those days do happen. 

ACR is an offshore site I believe in Nicaragua somewhere so therefore it is not a place where I want to keep a thousand dollars on it or even several hundreds of dollars so periodic withdrawals and then stashing that cash offline is going to be something that I am going to be doing. I would be okay with leaving $300 on at all times. And therefore feel that everytime I make a hundred dollars over that I will withdraw it maintaining that $300 online account balance. 

I have decided to go with a bankroll management plan that utilizes an average buy-in calculation which is calculated on a daily basis utilizing the average buyin of the tournaments that I plan to play. 50 seems too low and 100 seems ultra-conservative especially when the tournaments I'm dealing with are paying 15% to 20% of the entrants.  When I look at the tournaments in the morning that I wish to play that day, I add them all up and see how much they will cost, divide them by the number of tournaments that are intended to be played giving me my average buyin for that day. Provided I have started the days poker with at least 75 of those average buy-ins in my bankroll, then I can play those tournaments that I planned on playing.  However, if I am so much as a dollar short of that amount I will have to readjust my days' plans. I can go with this 75 average buyin plan, but I must be extraordinary strict with myself, no excuses, no ifs, ands, or buts and I think by utilizing this strict adherence to this bankroll management plan I will be able to not only protect my bankroll, but take shots at the various $2.20, $3.30 and even $5.50 tournaments here and there while I build, build, and build some more. 

There are five standard $1.10 tournaments that I play each day so as an example say I wanted to play those five and I wanted to add a $3.30 tournament in there that would cost a total for the day of $8.80. Now we divide that by the total number of tournaments that covers which in this example would be 6 giving me the average buyin which would be $1.466666. Which I always round up to the next penny which would be $1.47. We take that $1.47 and multiply it by 75 and in this example in order to play those tournaments I planned out I would have to start the day with a bankroll of $110.25. If my bankroll is only $110, because of the strict strict adherence I would have to formulate a different approach for that day. Some may find that kind of adherence very silly, but I believe that not only will it help me now, but it will help me down the road. 

So, it has already been established that if I'm going to play some live tournaments I want to be able to play at least a few of them consecutively to hopefully have a better chance of a deep run or two and establishing some sort of live bankroll. The question I need to answer it how many is that and then I can figure out how much I need to earn before I make that run. Now a week's worth would be about 12 but I'm not even looking for that. I'll be happy giving myself half that number, a 6 shot run at it.  Total buyins would be $420 and add another $80 for traveling and eating expenses, so a nice round figure of $500. So my initial goal is a bankroll of $800 in which I can withdraw $500 for some tournaments at the Golden Nugget and still leaving myself $300 online which is what I want to do and mentioned previously.

So let's talk about June. Over the course of the first 8 days I took one of those days off completely and on another one I played only a single tournament but the remainder of the time was a full slate of tournaments which for me usually means 6 to 9 a day. After the first 8 days of the month of June total earnings are $22 with $20.45 of that coming in regular tournaments which are non private tournaments because there's a variety of different private tournaments I play such as rebuy freerolls, regular freerolls, and actual buyin private tournaments so I separate the two distinctions, but in the regular multi-table tournaments earnings are at $20.45 in the first eight days.  I look at the amount and am pretty much disgusted, but the problem is I'm looking at the amount of dollars that I am making. As it turns out I should be happy with this performance.  In the first 8 days in these regular tournaments I am 16 for 43 in the money which is an ITM of 37%. That $20.45 that I have earned is from a total of $53.47 in buyins which gives me an ROI of 38%. I believe these numbers would be considered respectable by anybody, but I keep looking at the amount of 20 lousy dollars, and I need to stop doing this, because if I continue, I know me, and I'm going to get frustrated and start jumping buyins by adding a few $3.30s and maybe a $5.50 mixed in on a bankroll of less than $130 and that is not acceptable under any circumstances. So instead of simply looking at the fact I've only made a total of $22 in 8 days, I'm going to try to not remember that that is less than $3 a day grinding tournaments for hours on end and instead I'm going to look at my ITM percentage, my ROI percentage, and just look at this as taking one step at a time, but believe me, it is much easier said than done.

Here is tomorrow's schedule.  I ended today with a bankroll of $122.  I also wanted to add in the 12:15 p.m. $2.20 PLO8 tournament for tomorrow  but after figuring the average buyin and multiplying it by my minimum of 75 it would require a bankroll of $123.75 so I am $1.75 short.  Although tempted to do so I will not make up some excuse as to why I can get away with it, I will simply not play that tournament just yet. I also do not include that $0.11 tournament as part of the average buyin because it's so low it would totally skew the numbers and not in a good way.


415pm: $0.11 NLH $100 Gtd
435pm: $1.10 NLH KO
445pm: $1.10 PLO 6-Max $100 Gtd
530pm: $1.10 NLH $50 Gtd
545pm: $2.20 NLH KO $50 Gtd
645pm: $3.30 NLH $500 Gtd
720pm: $1.05 PLO8 Rebuy
745pm: $1.10 NLH 6- Max KO

I also play the 1145pm PLO8 6-Max KO at times, but since it's not an every night happenstance it is not included in my average buyin calculations.


Well, it's not a pretty picture not by a long shot, but I never surrender and I never give up. If anybody can make something happen with this I know I can. I know I have readers out there shaking their heads saying it's not going to happen, but as far as I'm concerned it's already a sure-fire certainty. As long as my monthly budget can hold out giving me the opportunity not to touch this poker bankroll then there is no question about it, it's going to happen.

Finally the personal financial update. I've alluded previously in this post as to how I'm having less money available to me for the remainder of the month after bills and expenses are paid and this is why and what has happened. After being on disability for a couple of years now I was finally eligible and at the same time forced to be switched over to Medicare. There was no choice in the matter and in the process of this I lost certain things which were helping me out and because of the loss of these services my monthly expenses have increased. As for the actual insurance I'm covered 100% on anything and everything, but after everything is figured for the money that needs to be spent on a monthly basis whether by choice or whether by necessity, if I do not owe anybody an outstanding loan, I have about $70 left over for the remainder of the month.  Because of the switch I lost access to a PCA so money will have to be spent on Lyft to do shopping each month, I lost free prescriptions so money will have to be spent for co-pays on that each month, then of course there's my little baby girl Diamond my kitty cat and she cost me a certain amount of money each month, but as far as I'm concerned having her here is simply priceless and you'll never hear me complain about the money I spend on her, but the fact of the matter is it does add to the monthly expenditure and as I said after all the sudden done I only have about $70 left so even my tiny $122 bankroll that I ended tonight with would be somewhat difficult to replace all at once. It also leaves very little room for socializing. Obviously the most intelligent thing to do would be to continue to add this to the bankroll, but of course I like to get out and see friends from time to time, maybe grab a quick bite to eat, maybe someone is coming into town so I can meet up with them and have a drink, but as you can see there's just not much for these things and certainly not enough for all of these things. Careful decisions and choices have to be made.

It's not forever however, because when I turn 50 at the end of October I am eligible for what they call the disability widowers benefit. My late wife made more money in her working days than I did in mine and therefor her disability payment, if I remember correctly, was about $1,200 maybe a little more and the way I understand it, this disability widowers benefit will give me either what I am getting now or what she was getting whichever is higher. I won't get both, but I will get one or the other and if I am right in my understanding of all of this my disability payments beginning as early as November could be increased by over $400 a month. Obviously this is still five months away, but it's better than not having anything to look forward to. However, for the next five months there will simply be a lot of grinding, a lot of adding whatever I can to the bankroll with the very little left over each month, and very little socializing.

Well that's going to wrap this one up for now. Don't count me out, in fact never count me out, because I plan to thrive.  it may take awhile, but I plan on nothing but success in the long run. Until next time take care everyone and I'll see you at the tables.


Bankroll:  $122
Goal:  $800
Progress:  15%

Wednesday, May 31, 2017

Comment Replies And The Possible Attack Of The Gout

First things first.


Pokketjokers said in part:

Bitcoin is the best choice for cashing out from ACR.

Took the advice and got the Bitcoin acct reactivated. 


Thomas OToole said:

Could look to post a package on tasty stakes to see if you can get a stake for a few events. A deep run in a live tourney is just around the corner.

Maybe one of these days, but I'm an unknown so doubt I'd have too many people looking to invest in an unknown like me. 


Tony Fitton said in part:

I am in Vegas on the 29th for the week. Maybe we can play at the Golden Nugget sometime during the week. Best Luck! Pond Boy.

Would have loved it, but because of recent changes in an insurance switchover and corresponding increase in monthly expenses not going to be possible. Will have to take a rain check and hopefully you'll be here for the 2018 World Series because would love to be able to meet up then even to just grab some drinks and shoot the breeze, but unfortunately because of some serious financial changes I won't even be able to do that this time around.


Memphis MOJO said:

Are you still thinking about entering a WSOP event?


And he also said:

Sorry to hear your health has been on the downswing. Good luck with that as well as at the tables.

I have a doctors appointment on the 7th. Going to have him possibly do an MRI on the shoulder and a complete blood work-up to see if the kidney and renal damage that my intense weight loss program caused has improved. As far as the WSOP due to certain financial changes that have occurred 2017 is an impossibility, but 2018 is a definite.



So like a damn monster movie "Attack of Godzilla" it seems like my monster movie might be called Attack of the Gout.  Approximately 10 days ago I woke up with the left shoulder hurting for a solid 3 days and I thought it was simply the cortisone shot that had worn off, but then for the next 2 days the shoulder was not able to be moved on its own, it was like it was paralyzed. In order to move it I would have to take my right hand grasp my left wrist and move the arm where I wanted it to go in this fashion. I ended up in the emergency room, x-rays were negative and they flatly refused to do an MRI although I have all the insurance in the world and they would be paid. The term idiots seems to apply here. The pain during this time is absolutely indescribable and playing online poker was not even a remote possibility. It's quite obvious to me at this point that I must have severely torn some tendons or possible a tear in the Rotator cuff. 

This, for lack of a better term, paralysis of the shoulder, lasted for another three additional days. The pain involved in this was Insidious period on a pain scale of 1 to 10 this was a 15 and could actually bring tears to a grown man's eyes that's how bad it was. A few days ago I noticed I had more movement in the lower arm but the shoulder was still on moving. The following day there was just a little bit of movement in the shoulder area and upper arm, the next day there was more the following day even more than that. What the hell was going on??

A friend of mine in Washington State suggested she thought it might be Gout because my circumstances seemed to parallel a co-worker of hers and although gout in the shoulder is rare it is not impossible. I did a little checking on my own and the time frame, the symptoms, and several of the reasoning for the symptoms fits. The pain was still pretty bad you know when the shoulder was able to start moving a little, but at least it was down to about an eighth on a scale of 1 to 10. Over the course of the last few days more and more movement in the shoulder and the pain has diminished a little more each day at least to the point where I'm back on the tables again.

I have an appointment with a new primary care physician on  June 7th and I'm going to ask him for a complete blood work-up because I'm not sure if the kidney damage that the intense weight loss program that I was on that put me in the emergency room and in minor kidney and renal failure is not still there.  As for the shoulder I don't know what the true answer is. Was it Gout?? It's a good possibility because I cannot imagine that if I have a torn tendon or torn Rotator cuff that it would heal in 10 days. These things usually take months if not surgery, but I'm not a doctor I don't know for sure. On the 7th I will explain to the doctor exactly what happened and get his professional opinion. He may want an MRI done anyway, he may not, time will tell, but all I know is that after about I guess 12 days now of this insanity the shoulder is going back to its normal inflamed condition and always had. Thank God for Little Miracles. Until next time Which should be in just a couple or three days, take care everyone, and I'll see you at the tables.  


Monday, May 15, 2017

FlushhDraw Is Back

I have been dealing with some personal issues that had put me in a very dark place in my life. I will not go into too many details about it, but I seemed to enter a pretty serious depression beginning in March. I believe the cause was two significant birthdays in March one my wife and the other a former fiance both of whom have passed away and I think it completely overloaded me. 

During this time a lot of things were happening the least of which I stopped eating for the most part. I talked myself into the fact I was simply on a weight loss plan since I suffer from a weight issue and have all my life, but it had unfortunate results. After a couple of weeks of 500 calories a day or less, I ended up being taken by ambulance outside of Harrah's to a hospital where I was diagnosed with tachycardia, dehydration, dizziness, disorientation, a blood pressure that went from 80 over 62 to 160 over 120 within the space of less than 7 minutes, renal and kidney failure and according to the doctor it was because of the so called weight loss program I was attempting to make part of my everyday life. It was either the depression, part of an eating disorder that I've suffered from for over 20 years that shows its face from time to time, or maybe both. 

I was so out of it that even poker didn't hold its passion for me during this time. This thing really had a hold on me.  Three specific people did their best to help me overcome this each in their own way and to them I want to say thank you so very much about caring about me.  This goes to Joe (@ManInBlack)......... Michelle (@9ontheturn)......... and Alysia Chang (@onechiquita)  I know thank you is not sufficient enough, but it's all I have to offer.  You three are what makes this world a great place to live in.

Depression can be a very rough thing, but I'm here to tell you that I am back and I am back grinding on ACR.  I'm also back with a very small bankroll, but I'm just going to have to deal with that. Small bankroll or not I am ready to grind and have been for the last 6 of 7 days.  Because of a friend on Twitter during the past week I was able to do two player to player transfer for $50 and $20.  I'm not sure if the person wants me to  mention who they are so I will withhold that information and respect their privacy in case they do not, but suffice it to say this person sent me $50 and $20 on ACR and I sent them the equivalent on PayPal so I started the month of May on ACR with $70. It's not a lot of money but if anybody can work it up from a low amount I know I'm the guy that can do it.

Starting back up on ACR with only $70 and only playing only $1.10 & $2.20 tournaments where payouts up top are only $20 or $30 is not easy. Everything in me wants to be playing in these $3.30 and $5.50 $500, $1,000, $1500 and higher Gtd's so bad I can taste it, but discipline must be maintained.  So why ACR and not WSOP??  The bottom line is I don't trust that site anymore. I will not go into details about it because quite frankly I really don't feel like putting up with the harassment about it, but the bottom line is if I don't trust something I'm not playing on it, I'm not putting up hard cash on it, and I will leave it at that. Not to mention ACR is definitely the place for a tournament player. Do I like three hour and five hour late registrations of course not, but with the guarantees that they have over here I'm going to have to put up with these inconveniences.

There are different examples of good news/bad news when it comes to tournaments on ACR. The good news is they pay out more spots in their tournaments. The bad news is they pay out more spots in their tournaments. Yes, it's easier to make the money, but it reduces the amount that can be won so in the long run I have no idea what kind of an ROI I'm going to have.  The good news is your opponent cannot see your mucked cards on ACR  The bad news is you can not see your opponents mucked cards on ACR.  The good news is ACR has a variety of tournament structures. The bad news is ACR has a variety of tournament structures. You may have a specific structure that works best for your game, but unfortunately it is not uniform throughout all their tournaments so you need to know just what kind of structure the tournament you're playing in may have. Doing a little research I have broken it down to certain categories of tournaments. These examples we are going to look at I'm using the blind levels of 1000/2000 and 5000/10,000 as the determining points, what level they occur, and how many hours and minutes of gameplay has elapsed when you hit that particular level. Listed below are just two examples although there are more different examples.


10 Minute Blinds

Category 1
1k/2k:  Level 19:  3:00
5k/10k:  Level 27:  4:20


Category 2
1k/2k:  Level 23:  3:40
5k/10k:  Level 35:  5:40



As you can see with just the two examples that I posted there is a significant difference especially when you're talking about the higher blind level of 5k/10k.  Between the two different tournament structures you're talking a full hour and 20 minutes in difference before arriving at 5k/10k and depending on the playing  style that can make a significant difference as well, but then again it might not. The only way to know for sure is to document how I do in each category of tournament and I'm going to attempt to keep track of that over the right side of this blog. The results may surprise me, they may not, only time will tell.
 
The goal is the same that it always has been....... live play.  At ACR however, withdrawals are just a little bit different. I mean after all it is an offshore site so that is to be expected. The easiest way for me to get my withdrawal is via  MoneyGram, but ACR will charge me depending on the amount roughly 12% for a withdraw. I know there is also Bitcoin available but it is not something that I want to trust with what to me are moderate sums of money so I am more than willing to pay the 12%.  If I take out $705 it's going to cost me a $95 fee. Before everyone starts screaming at me at how crazy it is, because of the added advantage of the great tournament selection, I am more than willing to do this so what I'm thinking is the best approach is to run this balance up to $1,200 withdraw $805 so that I'll have about 10 buyins at the Golden Nugget for the $70 tournaments wirh the remainder of the withdrawal for expenses and this will still leave $300 online to grind up again and again and again if necessary. So my goal currently and for the future should stay at $1,200.

So as of this posting I was getting ready for another Manic Monday which on Mondays they offer some very inexpensive tournaments for some very high guaranteed prize pools. I had played Monday through Saturday although Friday I only played one tournament and I took Sunday off. I wish there was some major major advances to report but that's not the case. During the 1st week I took that $70 plus an extra $0.11 that I found I had in my rakeback account because that's another advantage to ACR as I am getting 27% rakeback, but I took that $70.11 start and going into today had $93.51 in the ome bankroll. $15.90 was won at the online tables over $19 of that in 52 MTTs played as there was also ($3.60) in losses at SNGs. That was just something that I wanted to test out, but quickly realize not something that I am going to continue on with I just cannot stand the starting stack sizes of 1500 chips.  So $15.90 in profit at the tables, another $1.50 in rakeback and $6 in bonuses starts me off today with $93.51.




 

I know the payoffs that I'm going to be getting right now are laughable so feel free to laugh about them but slow and steady is going to win this race I plan on doing what I have to do now that I'm back to my old self again and grind grind grind his top priority.  As far as a bankroll management system that I will be using since my goal is $1,200 at a time so that I can withdraw and play live, I'm going to be utilizing a somewhat aggressive approach. I'm going with an approach of 60 buyins of the highest price tournament I want to play during the day.  So for me to play the $3.30 tournaments I need roughly in the neighborhood of $200 in my bankroll. It basically works out to the same as having 100 average buyins, but instead of having to add up all my buyins for the day, divide that by the number that will be played and then multiply that by 100 on a daily basis, I'll just utilize the 60 buyin rule for myself as it pretty much comes out to be the exact same thing and the math of it is a lot easier and a lot faster.

Well, that's a wrap for today. As of right now total online earnings for this year are $544.25. I've lost $276 playing live so far and the main reason for that is because I'm just playing one here and there and not able to string a few playing sessions together so that is why I am going to wait until the bankroll is at $1,200 and then withdraw $705 because I think it'll give me a potential earnings advantage if I can string at least six to eight live playing opportunities together. This year there have been nearly $175 in withdraws, but it was needed for living expenses like keeping food in the house not just an excuse to go out and have fun so with that I am very satisfied if not happy about the fact that I had to do the withdraws. I'm not going to try to pay it back, it simply is what it is I may be able to pay back a little here and there but it's not something I'm going to focus on. Either way I am back and I am grinding and I've got that fire back within me. So until next time, take care everyone, and I'll see you at the tables.


Bankroll:  $93.51
Goal:  $1200
Progress:  7.8%



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%

 
 

Monday, March 6, 2017

An Rough Start To March

March has been an absolutely horrendous start, but fortunately I still found myself at that particular moment with a bankroll of over $600, all earnings, and still well in the game. The first 5 days and into the 6th day of March seems to be cooler, after cooler, after cooler. Set over set, AK into AQ and they flop the three ooter,  AA or KK versus QQ and they flop or river the queen, or I'm all- in preflop because of stack size compared to blinds and come up with a decent AJ or AQ hand for shoving and run into AA, KK, or AK. It's been these kinds of coolers  that has been constant and prevalent for the month of March.

So going into today my own dime tournaments I was down ($11). Half action Stakes I was down ($119).  My bankroll stipulations only allow me to play up to $10 buyin tournaments with just a few exceptions, so MIB buys half action in the $20 tournaments  which keeps my cost at $10 and his cost the same, but I have not done well. Going into today we decided to do another half action stake on the 11 a.m. Golden Nugget tournament, but the cooler continued and I ran JJ into QQ all-in preflop. So much for that and my stake earnings were now a loss of $154.47 for the month.

I've been through cold runs before and I will go to them again and no matter what the law says that I was showing  I am  very very confident and 99% assured that I will be showing a profit by the end of the month, but it is still very frustrating to have to try to work through these things. I got back in time for the $5 deepstack rebuy 6 Max and would be playing that plus two of the $3 deepstack rebuys, and the $10 PLO reentry 6-max if the latter went off.

So as I hit the online tables I could only hope that this would be the day where the coolers came to an end. I wasn't necessarily looking for heaters, although those would have been nice, I was just looking to avoid disasters within tournaments and a steady increase in my chips back throughout the entire tournament would be more than pleasant enough. After all the bands was considered I was in the red for ($194) for the month of March.

Out early in the 730pm $3 Deepstack Rebuy when I ran into a set over set situation. The 4pm $3 Deepstack Rebuy and $10 PLO Deepstack Reentry went nowhere, but the 315pm $5 Deepstack Rebuy 6 Max I ran quite deep in and in fact something happened when we were down to the final 4 that could have been helpful or disastrous.

We have 4 left and lo and behold I spilled an entire large glass of chocolate milk on my bed. What a mess. By the time I got the mattress cover and body pillow on the floor so I could take it down to the washing machine I came back and I was heads up with 4,000 chips left. Needless to say I finished in second for a $139 return. Would I have won if the chocolate milk incident hadn't happened or would I have been knocked out in 4th if the chocolate milk incident didn't happen??  Your guess is as good as mine, but I just look at it as fate. I cashed for $139 in that tournament and finished up yesterdaywith losses for the month of ($54.22) which is a far cry better than ($194).

In the space of six days this month that is the second time that I have been down a considerable amount when you consider what my bankroll is just to be bailed out. The last time I believe it was Friday I was down about ($139) for the month and finished third in the 930pm $5 Deepstack Rebuy for $107 bringing the losses to down ($32) for the month. The weekend was pretty rough and as I stated I was in the red for $194 after the buy-ins and I pulled one out of the fire yet again so that the losses going into today we're only down ($54). Obviously I was definitely hoping that going into Tuesday I could get the month of March back into the black overall.  It wasn't to be as the cooler returned. In all fairness I only played two tournaments on Tuesday and then ended up falling asleep before 7pm, but my KK vs TT all-in pre-flop and they flop a 10 so down $76 in the first 7 Days of March. It's got to turn back sooner or later and the volcano will once again erupt. I'm just waiting for it.

Many personal things are coming that will interfere in The Daily Grind. It is now Wednesday 2:20 a.m. and later this morning I have an appointment with the orthopedist about the shoulder or actually both shoulders. I'm almost certain that the right shoulder is going to require surgery and hence is where we have a problem and hence where my readers are going to either think I'm crazy or being stubborn. Even if the shoulder does require surgery there is no way I am going to allow them to put me in a sling for the next 3 weeks. I refuse to be put on the sidelines and even if surgery is required the sling will be removed for The Daily Grind. I am right handed and it is my right shoulder. Yes I could try to do left-handed but I've tried doing things left-handed before it just does not work out so I am going to need access to my right hand and arm to grind online.  I refuse to be stopped. I will wear the sling when I go to sleep at night and if I'm not playing in a tournament, but other than that my life will go on as usual no matter what the doctor may want. As I've told my friends before my doctors are on a need-to-know basis and I decide what they need to know.

As far as the retina specialist goes those of you that don't follow me on Twitter or Facebook it turns out that I was born with torn retinas. These torn retinas can and does lead to detached retinas which can can and will cause blindness. On the 15th I am going in for laser surgery on both eyes. The doctor tells me this is not a fix but a preventative insofar that it will prevent the retinas from detaching and prevent me from going blind so that's the best thing in the world as far as I'm concerned and for now delays suicide because as I have stated before no way I go through life in the darkness.

So orthopedist tomorrow, pulmonologist the following day, laser surgery on the 15th, and sleep apnea doctor on the 16th which I may reschedule since I never got the sleep apnea machine that they want me on at night. I am not happy about this interruption in my Poker schedule, but unfortunately it is a necessary evil.

That's going to wrap this one up for now. Not going anywhere fast so far this month, and in fact going in the wrong direction, but waiting for things to turn in a big way which I know they will it's just a matter of when.  Until next time take care everyone and I'll see you at the tables.

Bankroll:  $726
Goal:  $2500
Progress:  29%

 

Wednesday, March 1, 2017

February Review, March Goals, And A Slight Variation To An Awesome Suggestion

An absolute awesome suggestion by Pokerdogg made me start to think about how I could best implement his suggestion. It started with the comment that he left on the last entry which was as follows.

FD, if you want to take shots at the Aria $125 tournaments, why not just take a shot every time you got $125 above $1500?

My reply was that it would mean having to make a withdrawal and a separate stop at a different casino other than Aria every time I wanted to play the live tournament which obviously as one might imagine might be a bit of an inconvenience. The suggestion kept rolling over in my mind. It is a great suggestion and would get me to those live tables so much faster and I started thinking to myself was there a way I could implement this and then I came up with a slight variation to it. Somewhat of middle ground you might say. Instead of his suggestion about playing a tournament each time I'm $125 above whatever I want to keep online, and instead of my plan of building up a month's worth of tournament buy-ins, why not find the middle ground and take it one week at a time.

If I set an amount that I want to keep in my online bankroll and then when I have a week's worth of tournament buy-in entries choose that as the time to withdraw and then play them. This makes all the sense in the world to me. Since I want to make the $20 tournaments online a daily part of any online play and since true bankroll management recommendations state 100 buyins should be the standard it seems to me that $2,000 online is definitely not only satisfactory but the best most intelligent approach. A week's worth of entries at the Aria is $500, that being $125 a day for 4 days Monday through Thursday, so therefore every time I have $500 above $2,000 I have just earned myself a week's worth of Aria  tournament entries.  This is absolutely beautiful and a perfect solution. It gets me to the live tournament that much faster so a big thanks to Pokerdogg because if not for his comment and suggestion I would never have been able to find this middle ground, thanks much bro.  This means that my goal is $2,500. Not $5,000, not $7,000, and not $4,000 which probably would have taken me months and months and months to accomplish. $2,500 is not necessarily around the corner, but it is a lot closer than the other options.

So on to the February recap and then on to the March goals. Let us be reminded of what the February goals were.

 
February 2017 Goals

Tournament Played:  150
Tournament ROI:  40%
Tournament Earnings: $440


Goal: 150 tournaments played

Not counting satellites and of course I can't count the tournaments that I had a full or partial stake in since that was not what my goals were based on, I ended up and playing in 103 tournaments so I was 47 short of the goal for February. I played a lot less tournaments then I actually anticipated, almost a full one third less, so for March I will be cutting down that goal amount, but it will be more than the 103 that I did get played this month. 


Goal: $440 in earnings

I'm happy to report I exceeded this by $142.91. The $440 goal was also based on playing a 150 tournaments and I played only 100 non satellite tournaments, but was still able to beat my earnings goal and the only reason that happened is based on ROI. 


Goal: ROI of 40%

I was able to surpass my Roi goal as well with an ROI of 77.8% in tournaments that I played that were not part of a stake. This was the only reason I was able to surpass my earnings goal. I must say it surprised me as I really didn't think I would hit that high and was definitely pleasantly surprised by the overall results. 


The final numbers for February looked like this.

Tournaments:  $586.64
Stake Earnings:  ($18.41)
Freerolls$1.25
Online Cash:  ($7.57)
$2/$4 Limit:  ($8)
Promo/RB:   $29
Total Earnings:  $582.91


Now for the upcoming month and even though I am starting march with a bankroll of $796.58 I am still not rushing into the $10 rebuys or $20 deepstack tournaments until I hit that magic $1000 bankroll. Therefore my goals are smaller than one might expect. 


March Goals

Tournaments Played: 120
ROI: 40%
Earnings:  $400


You will notice that the goal for the amount of tournaments played is less than last month's goal and you will also notice that the earnings goal is less than last month. This is based on 20 days or more of tournament play and $1,000 in tournament buy-ins and of course a 40% ROI. Now this earnings goal could, remember that word could, be smashed because none of this goal is based on $10 deepstack rebuys, $20 deepstack freezeout tournaments, or the Saturday $25 superstack. Yes I've only got a couple hundred dollars to go before I can start playing those $20 tournaments on a hopefully daily basis, but nothing in poker can ever be assumed when it comes to goals so I am basing this on not including those $20 and $25 tournaments. If things continue to go well and I am playing those more and more on a daily basis then this $400 goal could be exceeded in a huge way, but only time will tell. 

Tomorrow I have a doctor's appointment with a retina specialist because when I got my new prescription of eyeglasses a couple of months ago the eye doctor spotted some bleeding in the back of the eye. The good news is that he said it looks like we caught it very early, but it could be caused by the blood thinners that stop me from getting blood clots that could kill me or it could be because of a diabetic condition. The retina specialist will know more, but I'm nervous as hell. There are only two reasons that I can think of off the top of my head that I would want to end my life. One would be being paralyzed from the neck or the chest down where I couldn't even use my arms and the other is going blind. Any thoughts or prayers my way would be greatly appreciated.

That's going to wrap this entry up for now.  Not sure if I will play a tournament tomorrow or not, but I probably will play in at least 2 or 3 of the early evening ones . I don't expect to get back in time for the 4 p.m. but will be back in time for the 6:30 p.m. PLO and the 7:30 p.m. $800 guarantee $3 deepstack rebuy. Until next time, take care everyone, and I'll see you at the tables.

Bankroll:  $796.58
Goal:  $2500
Progress:  32%