|
Snapping Out Of It In A Huge Way
Incredible, absolutely incredible is all I can say. Day 32 was wrapped up going 2 for 11, but those two cashes were a 1st place finish in a $4.40 for $117 and a 2nd place finish in the 745pm $5.50 $1k for $320. Bankroll ending day 32 was $1209.83. At the end of day 40 bankroll, if I remember correctly, was $640. Earnings of over $500 in the last two days alone and yet there is one thing that concerns me and that is my in the money finishes.
It almost seems insanity to think there could be a problem with my recent play, but the fact of the matter is in my last 40 tournaments which covers two full days plus the final 3 tournaments on day 29 I am only 5 for 40 in the money which is only 12.5%, but three of those 5 cashes add up to over $645. I'm really not sure if the the in the money percentage needs to even be a factor because let's face it for cash game players its big blinds per hour they make, but for us tournament players its ROI, return on investment, that is the deciding factor. For the first 12 days of the month of July my ROI is 112.9%. I know that is not sustainable and I fully expect to have a cold streak come back and hit me anytime, but the bottom line question is do I need to be concerned about the in the money percentage even though the earnings are fantastic. Of course, even though I am only 12.5% ITM in my last 40 tournaments for the month of July I am right where I expect to be at 23%, which my ITM percentage goal is 25% and my ROI goal is 25% so I'm right on target for the ITM percentage overall and far exceeding the ROI goal. For now, I'm not going to be overly concerned about it because the overall month so far does have me where I should be for that in the money percentage. Hopefully I can continue making deep runs in the tournaments that I do cash in.
I know this is going to sound crazy considering my results, but I've actually decided to remove PLO from my scheduled tournaments. I know on the surface it sounds crazy as in PLO tournaments I have 3 final tables with two 3rds and a win, but that all has been with a starting chip stack of $5000 chips. I find PLO, since its such a draw heavy game, you need more starting chips, to get past the hands that you are not winning, the hands where you put some money in the pot, but it's obvious that your opponent has drawn out on you. The $2.20 8:05 a.m. PLO tournament has been eliminated from my schedule and and the other ones available only offer $3000 in starting chips. I'm going to keep PLO8, but its going to be a testing phase as the only cash and final table I have on PLO8 is one that has a $10,000 starting chip stack. Are more chips required in PLO8 as I have found that they are required for me personally in PLO, I don't know, I need a few more tournaments under my belt to test this. It seems different with Holdem although even in that my best results are with the super stack tournaments. it is true I have notched a win in a deep stack tournament and a $1,500 starting stack tournament, but it cannot be denied the more chips I get at the start the better I am. My results show this and I will also be utilizing this approach in trying to find the best tournaments for the price range that I will be playing in Las Vegas. From the looks of things that will be Treasure Island, The Golden Nugget, and The Plaza.
When I woke up this morning, day 32 of 200, I'd found that Bovada had credited me with my remaining $40 bonus. I quite frankly, thought they had forgotten about it after they had credited me with the first $10 and I wasn't even going to bother mentioning anything to them about it, but on their own accord they decided to put the remaining $40 in all at once. Basically what they did was recently applied it to my tournament buy-ins so the first several of them on day 32 were free, but no matter how you look at it, it was free money. It was from the original $100 deposit I made and a 50% deposit bonus so that's why I have earned $50 in bonus money.
So the new updated daily schedule is on the right hand side of my blog for those of you reading this on blogger and for those of you reading this from one of the poker forums forums that I post on, I will post the updated daily schedule below this paragraph. That updated schedule includes four $11 tournaments and the maximum ABI will be $8.18 and with the current bankroll that gives me a BR/ABI ratio of 148 about as close to 150 as I'm going to get.
Current Daily Schedule
700am $11 NLH SS
830am $7.70 NLH DS/15
900am $11 NLH SS
1030am $7.70 NLH KO SS
1205pm $11 PLO8
130pm $11 NLH $3k
345pm $5.50 NLH
500pm $3.30 NLH
725pm $2.20 NLH
(If 2 being played)
745pm $5.50 NLH
Current BR: $1209.83
Max Buy-ins/Day: $75.90
Max ABI: $8.18
Est BR/ABI Ratio: 148
Day 32 I got up at 10 a.m. and since the 7:45 p.m. tournament didn't end until after 2 a.m. and I was texting with "Misty" till 3 a.m. I decided to hell with it no sense in sleeping now when the new schedule shows me playing a tournament at 7 a.m. Popped a couple caffeine pills, almost threw them up, and am just pulling an all nighter into day 33. Assuming I don't have another deep run in the 7:45 p.m. tournament on day 33, I this Poker Run will probably go in the neighborhood of 36 straight hours. My body is already sending me nasty messages about it, but I've got to push myself to the limit if necessary. The final rewards from all of this are way too important.
Finally, I did the final tweaking on the final daily schedule that I am working towards and when I reach it, which I am only $400 away from doing so, I will actually be playing less tournament than usual and the final one of my poker workday will be earlier than it is now. Take a look.
0700am $11 $500 Gtd NLH Super Stack
0830am $7.70 $500 Gtd NLH Deep Stack 15 Min levels
0900am $11 $500 Gtd NLH Super Stack
1030am $7.70 $500 Gtd NLH $2KO Super Stack
1205pm $11 $1k Gtd Gtd PLO8 $10k Chips/10 Mins
0130pm $11 $3k Gtd NLH Super Stack
0330pm $11 $3k Gtd NLH Super Stack
0530pm $11 $10k Gtd NLH Super Stack
605 pm $11 PLO8 $1k Deep Stack
Required BR: $1600
Max Buy-ins/Day: $92.40
ABI: $10.27
BR/ABI Ratioo 155
$1600 to implement this schedule fully. The last tournament of the day starting at 605pm which should get me done with my poker day by midnight and allow me more sleep. I almost hate dropping the 745pm $5.50 as that's the one I have a 2nd, 4th, and 6th in within the last two weeks, but running deep in it goes til after 1 or 2am. I need to stay fresh in order to run these earnings as high as possible. $1600 to implement it fully, and if the bankroll drops by $100 I swap out a $11 tournament with one $5.50 or lower priced, and then swap back in as the bankroll gets that $100 back and so on. When bankroll reaches $2500, which at present I am half way there I will be making a withdrawal of $650 plus $60 fee via rapid transfer. This is allowed by Bovada once a week, but since I only expect to earn around $160/wk with this finalized schedule that will not be an issue, but with the way things have gone thus far I am ready for anything.
That's all for now. 20 hours into this approximately 36 hour poker run. Right now bankroll pace is running at $5700, $3700 higher than the $2000 goal I set, but I fully expect things to even out dramatically in very short order. The 7am $11 $500 Gtd gets underway in less than 30 minutes. Have a great day one and all, and as always, I'll see you at the tables.
Current BR: $1209.83
Starting BR: $300
Bonuses: $50
Earnings: $859.83
Overall BR Goal: $2000
Current BR Pace: $5724
|