Friday, July 28, 2017

Non-cash ROI

One of the great features of all non-cash poker styles is that it's dead simple to calculate your return on investment. There's a clearly defined bucket of how much you made in profit, and another clearly defined bucket of how much you wagered. Perform a simple division, and hey presto, you're done. I've never come up with a satisfactory method for calculating the ROI in a cash game. There's more than one way to do it, and each has its own advantages and disadvantages. Fortunately, I never have to decide which way is the best, since I don't intend to play any more cash games - ever :-)

That this year is a true outlier for me is starkly revealed by my non-cash ROI, broken out by year:

     roi       profit      wagered    year

 5.1077%   $1,168,090   $22,869,080   2012
 4.3470%     $591,850   $13,615,000   2014
 7.2150%   $1,763,842   $24,447,000   2015
 2.2203%     $931,902   $41,971,200   2016
45.7396%  $13,470,325   $29,450,000   2017


I'm on track to wager more than 50 million play dollars this year, and to make a profit of over 23 play million.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    82      71   15    27        0
MTT-R NLHE    43500  6500       9    40      61   15    28        0


delta: $-350,000
MTT with rebuys NLHE balance: $12,396,000
2017 balance: $13,470,325
balance: $24,888,155

Thursday, July 27, 2017

The Austin Powers technique

There's a silly, funny scene in one of the Austin Powers movies where Austin has infiltrated an enemy stronghold and is trying to navigate it without being discovered. For no logical reason, in the middle of a control room there's a fountain with the statute of a cherub peeing into it. When Austin runs by the fountain, he trips on the plug which powers (no pun intended) the cherub, and the plug gets pulled out of its socket. The flow of water is stopped, and Austin is in imminent danger of discovery. Thinking quickly, he hides behind the statue, unzips, and starts peeing into the fountain himself. A guard at the control booth on the other side of the room is on the phone, but eventually starts noticing that something is wrong with the fountain. Austin is able to pee for an absurdly long time, but it's inevitable that he'll finally run out.

This is all by way of trying to describe how it feels when I'm very short-stacked in a tournament, and am still a good distance away from making the money. The task in front of me? Simply to play for a number of minutes I have no realistic expectation of being able to play for.

Last night, when the field had narrowed to 16 players, of which 12 would be paid, I found myself short-stacked and in 16th place. What could I do? Metaphorically speaking, I had to unzip and start peeing :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9   157      55   12     5   889000


delta: $789,000
MTT with rebuys NLHE balance: $12,746,000
2017 balance: $13,820,325
balance: $25,238,155

Wednesday, July 26, 2017

14 bullet night

Last night, I fired the most bullets I'd ever fired in a single session - 14. That's a lot, especially considering I only played two tournaments. The most bullets I've ever fired in a single tournament is 9; I've done that twice, including last night's second tournament. Funnily enough, I made the money both of those times.

The 14 bullets fired meant I wagered $700,000 on the session. That made it to the top 10 on my career list, clocking in at number 8.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    59      73   15    31        0
MTT-R NLHE    43500  6500       9    79      47   12     9   345000


delta: $-355,000
MTT with rebuys NLHE balance: $11,957,000
2017 balance: $13,031,325
balance: $24,449,155

Tuesday, July 25, 2017

Winning bullets a la mode

Last night, I only played one tournament, and only fired two bullets, but still made the money. Lately, I've really been seeing the value of not adding on if at all possible; it's like spotting yourself an extra $50,000 :-)

I got curious to find out the mode of the bullets I fire in tournaments where I make the money; the answer, a little surprisingly, is 2; here are my current totals, where the first number is bullets fired and the second number is number of tournaments where I made the money firing that number of bullets:

2 (10)
5 (7)
3 (7)
4 (6)
7 (2)
9 (1)
6 (1)


This data tells me I need to just say no to firing more than 5 bullets in a tournament :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9   125      90   18    14   548000


delta: $448,000
MTT with rebuys NLHE balance: $12,312,000
2017 balance: $13,386,325
balance: $24,804,155

Monday, July 24, 2017

The usual suspects

As I've mentioned before, I see a lot of familiar names when I play MTT-Rs. There's a core of regular players, and I'm one of them. We could be called the usual suspects :-) I enjoy competing against my fellow usual suspects, and always try to last longer than them, whether or not I make the money. Last night, I sent one of them to the rail in the first tournament I played. I have to admit, it was sweet :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    51      62   15    32        0
MTT-R NLHE    43500  6500       9   104      70   15    13   305000


delta: $105,000
MTT with rebuys NLHE balance: $11,864,000
2017 balance: $12,938,325
balance: $24,356,155

Sunday, July 23, 2017

Bubblemeister

On Friday night, for the second session in a row, I bubbled an MTT-R NLHE. I've now bubbled 6 times in 90 career MTT-R NLHEs, which is 6.67% of the time. Just call me the bubblemeister :-) I don't mind bubbling when I was a huge long shot to make the money, and thankfully, that's mostly the case when I bubble.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    89      63   15    16        0
MTT-R NLHE    43500  6500       9    31      71   15    25        0
MTT-R NLHE    43500  6500       9    36      41    9    32        0


delta: $-400,000
MTT with rebuys NLHE balance: $11,759,000
2017 balance: $12,833,325
balance: $24,251,155

Friday, July 21, 2017

Had I but screen enough

Last night, I fell victim to my lack of screen real estate. I use a laptop as is, without a docking station and without a nice large external monitor (or two). Due to this, I'm constantly switching back and forth between windows, which take turns in the foreground, eclipsing the others until it's their turn again. As I've mentioned before, the PokerStars client has the smarts to thrust itself to the foreground whenever it's my turn to act. This lays the groundwork for possible unfortunate events; you can think you're responding to one window, when suddenly, you're responding to the PokerStars client instead. That's what happened to me in the second tournament I played last night. A click meant for another window was received by the PokerStars client instead, and as unluck would have it, the click was squarely on the call button. I hit the felt on that very hand.

On the plus side, I didn't have to add on once last night, so my loss was less than it otherwise would have been.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    79      74   15    16        0
MTT-R NLHE    43500  6500       9    57      62   15    30        0
MTT-R NLHE    43500  6500       9    36      62   15    47        0


delta: $-300,000
MTT with rebuys NLHE balance: $12,159,000
2017 balance: $13,233,325
balance: $24,651,155