Wednesday, May 27, 2015

Five spot

Last night, I had another minimum profit session; I played three sit and gos, and won one of them. I have a nice little streak going; I've won at least one sit and go in my last five sessions. Call it a five spot :-) Of course, it's bad luck to talk about a streak while it's still in progress, but I feel like crowing a little. I did some research and discovered that the maximum number of consecutive sit and go no limit hold'em sessions I've had where I've won at least one is six, so I could tie that record tonight.

buy_in entry players hands place winnings

 45000  5000       6    30     4        0
 45000  5000       6    13     5        0
 45000  5000       6    70     1   175500


delta: $25,500
Sit and go no limit hold'em balance: $1,742,300
balance: $9,428,879

Tuesday, May 26, 2015

In the sweetness

Last night, I was in the sweetness again. It was another one two session (or, more precisely, another two one session). In the past, I made it a rule never to quit playing when I was still in the sweetness; the idea was to keep playing until I fell out of it. My thinking was that I should ride the wave as far as I could, to see just how much profit I could amass. These days, I feel fine about quitting while still in the sweetness. You could say I'm more of a profit-taker now :-)

buy_in entry players hands place winnings

 45000  5000       6    41     2    94500
 45000  5000       6    77     1   175500


delta: $170,000
Sit and go no limit hold'em balance: $1,716,800
balance: $9,403,379

Monday, May 25, 2015

10 outcomes

Last night, I played 3 sit and gos. There are 10 possible outcomes when you do this. Here they are, in descending order, when the buy in is $45,000, the entry fee is $5,000, the first place prize is $175,500, and the second place prize is $94,500:

 $376,500 3 0
 $295,500 2 1
 $214,500 1 2
 $201,000 2 0
 $133,500 0 3
 $120,000 1 1
 $ 39,000 0 2
 $ 25,500 1 0
 $-55,500 0 1
$-150,000 0 0


The number in the second column is the number of first place finishes, and the number in the third column is the number of second place finishes. As it turned out, I made a profit, but it was the minimum profit you can make in this scenario. I decided to quit while I was ahead :-)

buy_in entry players hands place winnings

 45000  5000       6    58     3        0
 45000  5000       6    45     4        0
 45000  5000       6    58     1   175500


delta: $25,500
Sit and go no limit hold'em balance: $1,546,800
balance: $9,233,379

Sunday, May 24, 2015

The old one two

As I've said, I prefer to play six sit and gos each session. Sometimes, however, that's just not practical. When there's only time to play two, it's extra sweet to finish in the money in both. That's what I managed to accomplish last Saturday night. I came in second in the first and first in the second. I checked the archives to see how rare a feat the old one two has been for me. Answer: very; I'd only accomplished it twice before.

buy_in entry players hands place winnings

 45000  5000       6    79     2    94500
 45000  5000       6    77     1   175500


delta: $170,000
Sit and go no limit hold'em balance: $1,521,300
balance: $9,207,879

Saturday, May 16, 2015

Action

It turns out I was kidding myself a little when I said the most fun I'd ever had at a poker table was playing MTT 8-games. The truth is, the most fun I've ever had at a poker table has been when I've been playing high stakes sit and go no limit hold'em. The reason can be described in one simple word: action. It turns out I'm an action junkie. I really like laying huge amounts of play money on the line, and being able to come away unscathed. Last night, I surpassed the 38 million mark in play dollars wagered playing sit and gos. Needless to say, that's a lot of funny money. If I were able to keep up my current sit and go pace of wagering 300,000 play dollars a session for a whole year, and didn't lose my whole bankroll, I'd end up wagering a staggering 60 million play dollars. Strange as it may seem, that's the new goal I'm setting myself. Just to be crystal clear, it's not a goal about winning a specific amount of play money in a specific amount of time, as all the other goals I've set myself have been. It's a goal about wagering a specific amount of play money in a specific amount of time, regardless of how much I win or lose. Crazy, huh? :-)

style flavor buy_in entry players hands place winnings

SNG   NLHE    45000  5000       6    99     1   175500
SNG   NLHE    45000  5000       6    33     4        0
SNG   NLHE    45000  5000       6    33     5        0
SNG   NLHE    45000  5000       6    54     3        0
SNG   NLHE    45000  5000       6    53     2    94500
SNG   NLHE    45000  5000       6    35     3        0


delta: $-30,000
Sit and go no limit hold'em balance: $1,351,300
balance: $9,037,879

Friday, May 15, 2015

28 outcomes

My favorite number of sit and gos to play in a session is six. It's not a coincidence that this is the same as the number of players in each sit and go. The basic yardstick you measure your results by is the statistical average of coming in each place once, and only once, in each set of six tournaments played. It's easier to do this measurement when you play a multiple of six tournaments per session. Another benefit of playing the same number of tournaments per session is that it's easier to compare your current performance with your past performances.

Since only the top two places make the money, it turns out that there are 28 possible outcomes when you play six sit and gos. Here they are, in descending order, when the buy in is $45,000, the entry fee is $5,000, the first place prize is $175,500, and the second place prize is $94,500:

 $753,000 6 0
 $672,000 5 1
 $591,000 4 2
 $577,500 5 0
 $510,000 3 3
 $496,500 4 1
 $429,000 2 4
 $415,500 3 2
 $402,000 4 0
 $348,000 1 5
 $334,500 2 3
 $321,000 3 1
 $267,000 0 6
 $253,500 1 4
 $240,000 2 2
 $226,500 3 0
 $172,500 0 5
 $159,000 1 3
 $145,500 2 1
  $78,000 0 4
  $64,500 1 2
  $51,000 2 0
 $-16,500 0 3
 $-30,000 1 1
$-111,000 0 2
$-124,500 1 0
$-205,500 0 1
$-300,000 0 0


The number in the second column is the number of first place finishes, and the number in the third column is the number of second place finishes. It's interesting to note that while there are 22 distinct positive outcomes possible, there are only 6 distinct negative ones.

Last night, I had the minimum loss possible; interestingly, you can only achieve this when you don't come in first place in any of the six tournaments!

style flavor buy_in entry players hands place winnings

SNG   NLHE    45000  5000       6    26     4        0
SNG   NLHE    45000  5000       6    23     3        0
SNG   NLHE    45000  5000       6    47     2    94500
SNG   NLHE    45000  5000       6    41     2    94500
SNG   NLHE    45000  5000       6    39     2    94500
SNG   NLHE    45000  5000       6     6     5        0


delta: $-16,500
Sit and go no limit hold'em balance: $1,381,300
balance: $9,067,879

Thursday, May 14, 2015

Señor Tres

Here are my sit and go place counts since returning to tournaments from cash games on May 2:

place    count
1            6
2           10
3            9
4            5
5            6
6            1


            37


The sum of my counts in the top three places is more than double the sum of my counts in the bottom three. That's another example of the golden ratio. The number that really stands out here is 1, the number of times I came in last. I'm actually a little shocked that I came in last even once :-) There are so many impatient players who enter these sit and gos, you have to be pretty impatient yourself to go out first. I'm very rarely impatient at poker these days.

Why did I choose "Señor Tres" as the title of this post? For the simple reason that I'm feeling so confident lately that I believe I can get to three handed play every time I enter a sit and go.

style flavor buy_in entry players hands place winnings

SNG   NLHE    45000  5000       6    35     5        0
SNG   NLHE    45000  5000       6    52     1   175500
SNG   NLHE    45000  5000       6    60     3        0
SNG   NLHE    45000  5000       6    74     3        0
SNG   NLHE    45000  5000       6    36     3        0
SNG   NLHE    45000  5000       6    77     2    94500


delta: $-30,000
Sit and go no limit hold'em balance: $1,397,800
balance: $9,084,379