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Operation: Grind out of micros in '09

  
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Outlaw
Post Posted: Thu, 09 Apr 2009, 4:17pm    Post subject: Reply with quote
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dranger7070 wrote:
Here is a tip that will probably help you out immensely as you continue your grind: Don't set monetary goals.

You are setting yourself up for failure. It is in The Poker Mindset by a couple of guys I am too lazy to look up to find their names. It is an incredibly good book, and a must read for most, if not all poker players. Basically, if you hit your $$$ goal, what next? You set another one right? Well what happens if you hit a big downswing during that timeframe and you are unable to reach your goal? You feel demoralized, you begin to question your play, etc. Try to set goals that aren't so results oriented. Like, I want to increase my ATS in correct spots vs the correct villains of the next x amount of hands.

I think you will be much more pleased with the result. Other then that, keep up the good work! See you at the 10nl in no time!


Thanks for the advice, I will have to grab that book asap.

I think you are right. Its pretty ridiculous to set goals revolving around money except for Bankroll Management purposes. I don't think I will set monthly money goals anymore.

Better goals would be.. play more hands, study more hands, read 1 poker book per month, make no decisions without thinking about ranges.. etc

Thanks again. I'm just glad someone finally posted in my blog.. I was beginning to wonder if it was even open to public viewing lol.
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Outlaw
Post Posted: Thu, 09 Apr 2009, 4:20pm    Post subject: Reply with quote
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Woohoo, my BR just hit $300!

I actually was getting sick of the cash game grind so I spent the last 2 days playing $1 sngs. (+$28)

Now I guess I'll move up to 10NL Smile
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BooG690
Post Posted: Thu, 09 Apr 2009, 5:58pm    Post subject: Reply with quote
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Hey Outlaw. Congrats on hitting $300...glad to see you dug yourself out of that hole. I had a downswing recently as well. I think it's good to have our downswings early to see how well we deal with it.

Anyway, I'm a little curious as to your BRM for SnGs. I see you're grinding $1 SnGs with a (at the time) $278 BR. Any reason? I mean...that bankroll is potentially large enough for $10+$1 SnGs. Are you practicing? The $6+$.50 SnGs are pretty easy and pay off pretty nicely. I work on those when I get tired of the cash game grind or feel I should get some practice rounds in. Additionally, the $2+$.20 MTT's are pretty good at 11:00EST. First prize usually wins about a grand and it is quite easy to make the money and get some practice in. This is all assuming you're on PokerStars. Good luck buddy!
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Outlaw
Post Posted: Fri, 10 Apr 2009, 12:48pm    Post subject: Reply with quote
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BooG690 wrote:
Hey Outlaw. Congrats on hitting $300...glad to see you dug yourself out of that hole. I had a downswing recently as well. I think it's good to have our downswings early to see how well we deal with it.

Anyway, I'm a little curious as to your BRM for SnGs. I see you're grinding $1 SnGs with a (at the time) $278 BR. Any reason? I mean...that bankroll is potentially large enough for $10+$1 SnGs. Are you practicing? The $6+$.50 SnGs are pretty easy and pay off pretty nicely. I work on those when I get tired of the cash game grind or feel I should get some practice rounds in. Additionally, the $2+$.20 MTT's are pretty good at 11:00EST. First prize usually wins about a grand and it is quite easy to make the money and get some practice in. This is all assuming you're on PokerStars. Good luck buddy!


Yes I play on stars.

I was just doing the $1s to relax for a bit and make some easy money. I 20-30 table them and enjoy just doing brainless ABC grind sessions. I would play the higher ones but putting 10% of my bankroll on the table seems like enough.

I was able to post a decent sit and go planet high orbit score though in the 100 I played this week. I am currently 8th and should end up in the top 30 for +$20. My PS SN is triplej74 if you want to check it out. I ran really bad in my last 30 set (only +$6) or I had a chance of getting 1st.

I do like MTTS, but they are way too time consuming for me right now.
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Outlaw
Post Posted: Sat, 18 Apr 2009, 12:08am    Post subject: Reply with quote
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The grind continues. I am currently doing sets of twenty $6.50 turbos. Running at 16% ROI through my first 5 sets for an hourly rate of $21/hr.

The BR is at $429. I am debating whether to switch back to cash games once I'm rolled for 25NL or move up to $16 SNGS. I might just switch back and forth since I enjoy both. I know I am supposed to specialize but I can't seem to give up either or stick to one form or other for more than a month or two.

Honestly, my hourly rate is always higher in SNGs.. any one got any advice?

Thanks in advance.
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dranger7070
Post Posted: Sat, 18 Apr 2009, 7:33am    Post subject: Reply with quote
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If you enjoy playing sngs, and you $/hr is higher (and thats something you care about right now) then stick with those and mix in some cash when you feel like it. I feel that there is more of a shot at making a higher $/hr at cash once you get to a level that is high enough, as the sngs continue to get dryer and dryer as you move up, but there are still enough fish (apparently) at 100nl and possibly 200nl. Its totally up to you though, and whatever you choose, make sure its right for YOU.

Good work on the roll building sir, keep up the grind.
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daven
Post Posted: Sat, 18 Apr 2009, 7:39pm    Post subject: Reply with quote
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Outlaw wrote:
I am debating whether to switch back to cash games once I'm rolled for 25NL or move up to $16 SNGS. I might just switch back and forth since I enjoy both. Any one got any advice?

keep doing both for as long as they are both profitable. Poker is about fun as well as $$.
nice work on the bankroll progression by the way Smile
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Outlaw
Post Posted: Sun, 19 Apr 2009, 2:33am    Post subject: Reply with quote
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Thanks guys.

Yeah I think its easy to forget this is a game and it should be about having fun. I just can't believe I am playing a game I love and making money at it.
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dranger7070
Post Posted: Sun, 19 Apr 2009, 8:00am    Post subject: Reply with quote
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Outlaw wrote:
Thanks guys.

Yeah I think its easy to forget this is a game and it should be about having fun. I just can't believe I am playing a game I love and making money at it.


This

If only I could be a pro football player though, I'd swap it in a heartbeat. I miss it. Sad

Although, this is pretty awesome too, and you know, less chance of getting fucked up by a 260lb linebacker. Very Happy
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Outlaw
Post Posted: Thu, 30 Apr 2009, 5:20pm    Post subject: Reply with quote
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April results:

BR +$320
Achieved Gold star
15k cash hands at 9BB/100
800ish SNGs at 4% ROI (yeah I suck)

Ran decent the first half of the month then was doom switched the past 2 weeks. I still managed to move the BR up a bit anyways so all is well.

May goals:
Get to 25NL
Play 25k hands
Play 500 SNGs
Maintain Gold star status
Review more hands
Tape the doom switch in the off position or break the fuc!#! off.
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dranger7070
Post Posted: Thu, 30 Apr 2009, 9:36pm    Post subject: Reply with quote
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Good month sir!
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Outlaw
Post Posted: Fri, 01 May 2009, 3:58pm    Post subject: Reply with quote
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A special thanks to Robb for sweating me the other day and mailing me a HUGE list of notes on the session. Very good stuff man, I can't thank you enough for the help!

On another note, I just played in four of those 3FPP steps tourney qualifiers. What a clusterfu#@ those are. I managed to win one but won like 18/20 flips to do it. Needless to say, I am never playing these again unless I am friggin' drunk or really bored.

I guess my 12FPP investment to win $7.50 isn't too bad though Smile
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Outlaw
Post Posted: Thu, 08 Oct 2009, 4:19pm    Post subject: Reply with quote
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I haven't updated the op in awhile.

I have only been able to play very sporadically the past few months but am recently starting to get back into playing a few more hours a month.

Last month was my first real month with any volume and I managed to add about $300 to my tiny bankroll.

So far this month I have managed to get the BR above $750 for the first time in a LONG time because I am trying to stick to my "never cash out" again policy. At least not my entire friggin BR.

I am hoping to start getting in at least 50k hands a month.

I played my first 25NL session today, btw. Here is the results.

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dranger7070
Post Posted: Thu, 08 Oct 2009, 6:41pm    Post subject: Reply with quote
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Thats a good start, keep up the good work dude!
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al yell
Post Posted: Thu, 08 Oct 2009, 7:40pm    Post subject: Reply with quote
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dranger7070 wrote:
Thats a good start, keep up the good work dude!

Outlaw, hope u don't mind me dropping by to say 'gl'. 7 bb/100 = sustainable imo. Wink
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dranger7070
Post Posted: Thu, 08 Oct 2009, 8:26pm    Post subject: Reply with quote
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al yell wrote:
dranger7070 wrote:
Thats a good start, keep up the good work dude!

Outlaw, hope u don't mind me dropping by to say 'gl'. 7 bb/100 = sustainable imo. Wink


7bb/100 at 25nl is easily sustainable, 7BB/100 is obv harder, but still sustainable.
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daven
Post Posted: Thu, 08 Oct 2009, 11:47pm    Post subject: Reply with quote
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nh nit!
well done, keep it up
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Outlaw
Post Posted: Sun, 25 Oct 2009, 11:34am    Post subject: Reply with quote
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Thanks yall.

I am still grinding 25NL. I find it to be very similar to 10NL if not a bit nittier. There are a lot of 5/3ish people.. just gotta stay out of their way.

I have been experimenting with playing a 50bb stack and it seems to be working okay so far. I feel like although my monsters don't have the same potential, they are more likely to be paid off because the commitment threshold is so much lower due to my stack size.

I also don't give the regulars the right price to set mine against since my standard raise is to 5bbs. I almost never lose to a set anymore with QQ/KK/AA.. maybe I just run good.

I have flown through this level so far but don't have my hopes up. I will take a shot at 50NL when I hit $1,500. Hopefully I don't muck it up too badly Very Happy

I am running about 9/7 some days and 10/8 others with a ATS of about 28%. I would like to get that up to around 12/10. I think my MP range is way too tight. I run 8/6 from the hijack and 20/18 from the button. Any thoughts?

Here is my 25NL graph so far. My all in performance graph says I'm running $100 under ev? wth does that mean?

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al yell
Post Posted: Sun, 25 Oct 2009, 1:38pm    Post subject: Reply with quote
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Outlaw wrote:
My all in performance graph says I'm running $100 under ev? wth does that mean?
Every time you go all in the equity is calculated to give a projected expectation of earnings. ex. In a $100 pot you go all in on the Turn where you are a 80% favorite to win. You can say that each time you do this you are making $80. But on those occasions where your opponents sucks out on you on the River with his 20% your EV stat will indicate that you are running $80 below EV. Conversely your opponent will be running above EV because he made money where statistically he should have lost. Hope I explained that correctly. Either way I don't think that stat is too important.
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Outlaw
Post Posted: Sun, 01 Nov 2009, 10:50am    Post subject: Reply with quote
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First month of 25NL complete. I ran 2.66BB/100 over 50k hands. Not too bad, although I did run bad over the last 20k hands. I was running about 4BB/100 over my first 30k. I am still adjusting to the play and hope to make 50NL this month.

I made a decision to start cashing out half of what I make in poker every month as kind of a side job/paycheck. I was up $900 this month and had $450 shipped to me yesterday by stars.

I felt it works out really well for me anyways because I was $70 from $1,500 and 50NL and know that I am no where near ready to move up. So I'll spend at least most of November grinding 25NL and trying to improve my game so that I don't get culture shocked too bad when I hit the next level.

My hourly rate this month was the best ever, $21/hr with Rakeback. Where the hell was this game when I was in college and working my ass off for $5/hr? (that was the early 90s) You young guys are so lucky.

I was able to get Goldstar this month and played 80k hands. My goal this month is 100k, but I'd be okay with a bit less since I am moving in the middle of the month and won't be able to play for up to a week. Platinum star should be obtainable with 75k hands at 25NL.

I don't think I will hit my goal of 100NL by the end of this year, and its not because I don't think I can get there bankroll wise, its just I don't want to rush my development. I want to be an above average winning player at all levels and since this is only a side income for me, I don't feel any pressure to move up too fast.

I think 100NL by spring is a realistic goal. I would like to make a push for Supernova next year. It should be fairly easy as I am likely to get about 8kVPPs per month at 25NL alone and almost twice that at 50NL. I will hold off on setting next years goals until the end of this year, however. Anyways, I think I've written enough for now. Thanks for reading it you made it this far and thanks for following my progress. Smile

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dranger7070
Post Posted: Sun, 01 Nov 2009, 1:16pm    Post subject: Reply with quote
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Very nice work man! Good to see you've kept on improving since I've been gone. I think thats a pretty good idea to hold off until you think you are ready for the next level. Good luck with the rest of this year man.
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Outlaw
Post Posted: Wed, 04 Nov 2009, 6:09pm    Post subject: Reply with quote
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Since cashing out on the 30th I have been on a massive heater. Every session is similar.. I hit this 20 minute stretch where everything goes my way. The rest is all break even stretches.




So I am sitting at about a $1,400 bankroll. I really wasn't expecting to get to 50NL this fast.

I need some advice here.. do I just keep grinding 25NL for the rest of the month for the experience? Or do I go ahead and move up once I hit $1,500 and take a "shot"?

I am running 3.5BB/100 through about 60k hands so far at 25NL. I know that is way too small of a sample size. Any input would be appreciated.
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daven
Post Posted: Wed, 04 Nov 2009, 6:39pm    Post subject: Reply with quote
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Outlaw wrote:
So I am sitting at about a $1,400 bankroll. I really wasn't expecting to get to 50NL this fast.

I need some advice here.. do I just keep grinding 25NL for the rest of the month for the experience? Or do I go ahead and move up once I hit $1,500 and take a "shot"?

I am running 3.5BB/100 through about 60k hands so far at 25NL. I know that is way too small of a sample size. Any input would be appreciated.

that's a big enough winrate/sample size to show that you beat 25nl. I recommend that you move up at $1550 with a 6 bi stop-loss. Don't change your game at all, play well, and there's a very good chance you'll stay at 50nl = on the way to 100nl and small stakes glory!
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Outlaw
Post Posted: Fri, 06 Nov 2009, 11:36pm    Post subject: 310 hands of sheer terror Reply with quote
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I just played my first session ever of 50NL and it was disconcerting to say the least. All that money on the table at once.. holy cow.. major culture shock.

It only lasted 45 minutes but seemed like 2 hours. I managed to run okay, though. I avoided a lot of tricky spots and hit a couple of sets that I got paid some on. I ran 12/10/5.0 but only had 21% ATS which is way below the norm for me. I was definitely way too timid and will have to get over that. Remember, its only bbs we are playing for.. not cash.. now if I can convince myself of that..

Anyways, I'm glad its over with.. my results are below. Sustainable for sure.

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WeaselT
Post Posted: Sat, 07 Nov 2009, 6:04pm    Post subject: Reply with quote
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Nice job, u seem to be pretty stable u'll probly cruise thru 50NL also.
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Outlaw
Post Posted: Sun, 08 Nov 2009, 1:25pm    Post subject: Reply with quote
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I have been thinking a lot about what Dranger told me awhile back ( still need to read that book btw). I have been focusing on monetary goals way too much and in fact my whole op this year, "grind out of micros" is based around achieving a certain bankroll.

Sure, I want to get out of micros.. which I technically have since I am now at 50NL (by my old br standards). But what I really want to do, is improve as a player. So from now on I plan on never setting another goal revolving around money. All of my goals will be in regards to improving a certain aspect of my game, and if I do that.. I know the money will come.

So here I sit with a bankroll of about $1,600. My goal for this operation was 3k by years end. Well, I might achieve that.. I might not. And truthfully, I don't really care. I have cashed out over $2,500 in the past year so whats in my PokerStars account isn't an accurate reflection of the monetary goals I've achieved anyways.

Moving forward I have altered my BR management requirements. I do not feel comfortable at 50NL with 30 buy ins. I am waiting until I have $2,250 before moving back up again. I am also going to get even more nitty with it as I move up. I want to have 50 buy ins before I even think about 100NL. Note: I play a lot of tables FR, so it seems to make sense to me to nit it up.

So starting with November goals.

1. Maintain an ATS of at least 28%.
2. I'd like to loosen up just a bit and get from 11/9 to at least 12/10.
3. Work on opening up my 3-bet range a bit. I call way too much with AK/QQ and don't light 3-bet button/cutoff ranges nearly enough. My 3-bet % for October was an abysmal 1.75. So exploitable. I'd like to get that to 3.0 in November. Baby steps.
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dranger7070
Post Posted: Sun, 08 Nov 2009, 3:14pm    Post subject: Reply with quote
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Yes! Glad to hear it man. I suggest going to amazon and getting that book asap lolz. I like your idea for setting stat/skill goals as opposed to monetary. I think that should be infinitely more +EV than monetary goals. 3% 3bet should be EZ game, 3betting vs lag/tags that open too much in LP and fold to much to 3bets is awesome. GET YOUR ASS INTO IRC!!!!!!!! (click my sig ldfo) You can discuss what types of hands to 3bet with, vs what villains, etc. The majority of my poker learning has taken place in there than on the forums as of late. GL in november!
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