Wednesday, May 24, 2017

A new goal

The largest profit I've ever made in a single calendar year is $3,093,183 in 2012. That was the year I started playing sit and gos, back in the days when PokerStars didn't have exorbitant sit and go entry fees. I'm setting my sights higher these days :-) Last night, I made another final table of a rebuy tournament. The last two sessions comprise the third best "two bagger" of my career, clocking in at $967,000. Of course, these recent wonderful results made me want to look at my extrapolated profit for the year; as of this moment, it's an eye-popping $5,020,217. It's high time I set myself a new poker goal, and my new one is to realize a profit of at least $5,000,000 this calendar year.

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    87000 13000       9    50      83   18    47        0
MTT   NLHE    87000 13000       9   134      69   15     6   792000


delta: $592,000
MTT NLHE balance: $4,095,848
2017 balance: $1,966,825
balance: $13,384,655

Tuesday, May 23, 2017

First rebuy tournament final table

Certain poker variants hold an endless fascination for me, even if I know they're no good for me. I looked forward to playing Omaha before I ever played it, believing I'd be able to do so profitably. I couldn't have been more wrong :-) I also looked forward to playing deuce before I ever played it, believing the same thing. I was closer to correct on that one. In their turn, Spin and Go, KO, and Power up poker all held a distinct allure for me at one time or another. My latest crush is rebuy tournaments. There's a certain devil-may-care nature to them which is very appealing. You need to be able to gamble it up, but still do so intelligently. I think I've only ever seen 9 max rebuy tournaments, and that makes a lot of sense; you don't want the blinds coming around and chopping into your stack as often as they do in 6 max, since there'll be some wild and wooly betting going on most of the time.

Last night, I made my first final table in a rebuy tournament, coming in seventh. I hit the rail once in the late registration period, did a rebuy, then went for the add on option when the late registration period ended. That was three bullets at $50,000 each, for a total outlay of $150,000. I was the second shortest stack when I reached the final table, and knew I'd have to use a "ladder up" mindset. The money jumps are enormous at the final table of these rebuy tournaments. After the shortest stack finished in ninth, I became the shorty. By folding, folding, and folding again, I was able to last long enough until someone got too frisky and hit the rail before me. I exited on the very next hand, but was a money jump of $105,000 richer for my efforts :-)

Will I play another rebuy tonight? You'd better believe it!

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    17500  2500       6    36     479  114   213        0
MTT   NLHE    45000  5000       6    20     140   36    47        0
MTT   NLHE   130500 19500       9   116      72   15     7   595000


delta: $375,000
MTT NLHE balance: $3,503,848
2017 balance: $1,374,825
balance: $12,792,655

Monday, May 22, 2017

Ofer 2017

Last night, when I couldn't find a $20,000 or $50,000 BI+EF MTT NLHE tournament in progress, I made the mistake of joining a $50,000 BI+EF MTT 8-game tournament which was. I did this because I wanted to start playing right away. I missed the money by a mile, and ran my MTT 8-game deficit for the year to $-201,000. I'm now ofer 2017 in MTT 8-games :-( I need to just say no to them.

style flavor buy_in entry players hands entries paid place winnings

MTT   8-Game  45000  5000       6    53      64   12    32        0
MTT   NLHE    45000  5000       6    91     148   36    42        0


delta: $-100,000
MTT NLHE balance: $3,128,848
2017 balance: $999,825
balance: $12,417,655

Sunday, May 21, 2017

New-fangled evermore and ever better

I've had a fair amount of "evermore and ever better" sessions, but the "ever better" part has typically focused on the place where I finished, rather than the percentile of that place. Friday night, I had an "evermore and ever better" session where better was determined by percentile. That now seems to me the better yardstick to use. For the record, my percentiles were 56, 80, and 86. Even though I had a losing session, I was still satisfied that I was playing well.

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    45000  5000       6    46     146   36    64        0
MTT   NLHE    17500  2500       6    70     419   96    81    35900
MTT   NLHE    17500  2500       6    74     398   96    55    45900


delta: $-8,200
MTT NLHE balance: $3,178,848
2017 balance: $1,099,825
balance: $12,517,655

Friday, May 19, 2017

Going deep

There are lots of different ways of making a profit playing MTTs. I used to think the most important predictor of success was a really good making the money percentage. While no one should turn their nose up at that, lately I think a better predictor is the ability to go deep in tournaments. I knew that I'd have to choose a percentile to consider the minimum requirement for "going deep", and was all set to pick the 93rd; however, when I ran last night's numbers and saw that I hit the 92nd percentile in the second tournament I entered, I ended up picking that one instead :-)

Now that I have the definition, I can calculate the rate I go deep in MTT NLHEs. Drumroll, please ... My rate is 12.77% (82 of 642). Not too shabby!

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    17500  2500       6    20     377   96   221        0
MTT   NLHE    45000  5000       6   161     125   30    10   151000


delta: $81,000
MTT NLHE balance: $3,187,048
2017 balance: $1,108,025
balance: $12,525,855

Thursday, May 18, 2017

The mythical futile century

I only played one tournament last night, and failed to make the money. However, I played a goodly number of hands for having nothing to show for it - 77, to be exact. That got me to wondering what's the most hands I've ever played in a losing cause in an MTT NLHE. Here are the top ten:

93  2017-05-10a
87  2017-02-19d
84  2017-03-30a
82  2017-05-11c
80  2017-04-05c
78  2017-04-19a
77  2017-05-17a
77  2017-05-08b
76  2017-03-31b
76  2016-12-14b


Fully four of those tournaments were played this very month, and nine of the ten were played this year. This tells me I'm playing on the cusp of great. I wonder if it's possible to play 100 or more hands and still fail to make the money. Call that a futile century :-) I think it's just a myth.

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    45000  5000       6    77      86   21    31        0


delta: $-50,000
MTT NLHE balance: $3,106,048
2017 balance: $1,027,025
balance: $12,444,855

Wednesday, May 17, 2017

Rivered

I first used this blog post title over seven years ago, on December 19, 2009. Here's what I had to say:

If you're scientific about poker, which I claim to be, you realize that if you play long enough, you'll be dealt "unbeatable" hands which nonetheless not only can be beaten, but will be beaten. When this happens, you must simply tip your hat to the poker gods and realize that no one can win all the time they "should" win.

Last night, I hit the rail in two tournaments where I was a heavy favorite after the turn on the final hand, but got rivered. The harder of the two to take was the first; I hit a flush on the turn, but my opponent hit a four of a kind on the river. Ouch!

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    17500  2500       6    60     444  114   106    27100
MTT   NLHE    45000  5000       6    44      73   21     -        0
MTT   NLHE    17500  2500       6    52     411   96   113        0
MTT   NLHE    87000 13000       9     7      76   18    52        0
MTT   NLHE    17500  2500       6    57     348   84    86        0


delta: $-182,900
MTT NLHE balance: $3,156,048
2017 balance: $1,077,025
balance: $12,494,855