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$11 Bankroll building challenge

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Rick21
Joined: 02.08.2008

Nice way to end a session of poker :)

Played only 90 man turbos, $1 & $0.50 buy ins

Run incredibly hot!

Session Summary:

Places:
1st : 4
2nd : 3
3rd : 0

Tournaments: 101
Profit: $56.96
ROI: 73.50

I doubt I can keep running this good but i'm going to enjoy it while it lasts :)


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Well Done Rickie, you owned them (can't do pwnd <----- I think that's how the youth type it) :)


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Rick21
Joined: 02.08.2008

Originally posted by Gentari
Well Done Rickie, you owned them (can't do pwnd <----- I think that's how the youth type it) :)

Cheers buddy, I won the final tourney last night too for $11, you should give them a try :)


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Update required here !!!

C'mon Rickie I know you are crushing _biggrin:


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Rick21
Joined: 02.08.2008

Lol I will update on thursday night ;) ive still got more time yet :)


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Rick21
Joined: 02.08.2008

January Review

January has been a very good month for me, at the start of the month I played $0.25 tourneys and for the first 700 tourneys after taking shots at $0.50 I was around breakeven. However I stuck to hit and finally hit an upswing and played $0.50 tourneys. However after playing on $0.50 limit I reviewed my stats and noticed my ROI on 90 mans was much higher than 45 mans. So as you do, I cut out the 45 mans and hit such an upswing that I found myself rolled for $1 tourneys.

This meant I then played only 90 man tourneys, $1 and $0.50 only and after about 500 tourneys playing these and running around 50-60% ROI I had $250 in my account and took a shot at $2.50 180 mans. Thankfully this was a successful shot and my bankroll grew and I was rolled to play $2.50 comfortably. I also final tabled a $5 MTT while playing these and ended up finishing 4th but had a really horrible suckout which I will post over the next couple of days.

However the last couple of days I have also taken two shots at $8 and $3.50 180 man tournaments and ended each session around $80 down so -$160 for those tourneys right now. But I am still really happy with the way the month has gone and didn't think I would be playing $2.50 by the end of the month.

Summary

Tournaments played: 2264
Profit/Loss: $795.56
ROI: 35% (estimated - problem with calculating rebuys)

Start of Month: $26.84
Current Bankroll: $822.40

Tournament Breakdown

Positive:
$0.25 45 man - 603 tourneys - 22.63% ROI
$0.50 90 man - 341 tourneys - 50.44% ROI
$1 90 man - 194 tourneys - 64.55% ROI
$2.50 180 man - 531 tourneys - 33.78% ROI

Negative:
$0.50 45 mans - 286 tourneys - -10.45% ROI

As you can see above I run very good at 90 mans and also achieved a decent ROI at 180 mans but as this is only a small sample size, February will be a key month which I will see if I have just been running good or whether I am actually a winning player at this limit.

Previous Goals

:spade: Reach $75 (To enable $0.50 limit to be played)
This was done earlier in the month and I am not rolled to play $2.50 180 mans :)

:spade: Play 800 tournaments
Played 2264 tourneys which is almost 3 times the goal I set for the month

:spade: Watch 2 videos (Turbo & Heads up play)
Watched a few videos this month

:spade: Strict Bankroll management
Made sure I stuck to my BR management plan and took shots at higher levels when I felt it was necessary

:heart: Go gym 3 times a week
I went to the gym on average 3 times a week sometimes more

:heart: Eat more protein, fruit and vegetables
I have eaten more protein this month but not more vegetables unfortunately :)

Problems

My main problem this month was I would load up 30 tournaments or so and as they would gradually go down I would get worried that im not going to cash. But always ended up on 2-3 final tables and sometimes even winning one or two. Another problem I had when I took a shot at $8 and $3.50 limit was my game would completely change and spots where I would usually shove I didn't. I think I will have to wait until I have the correct amount of buy ins before I play these again, I wont be taking any shots at these in February as I want to be comfortable with playing them first.

February Goals

In February I will aim to just play around 1500 tournaments, im going to stick to $2.50 limit and re-evaluate when I have a roll big enough for $8 and $3.50 rebuy 180 mans. At the moment this seems to be working for me. In February im going to stick to $2.50 180 mans and only those and try to play no MTTs or rebuys as this buggers up the stats as you can see in the graph above.

:spade: Play 1500 tournaments
:spade: Dont worry about bankroll just play the required volume
:spade: Watch 180 man videos
-


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What a month !!!

Well done Rickie, you will be a reg on those 3rs very soon, you got the game _biggrin:


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Rick21
Joined: 02.08.2008

$5 MTT played in January, I welcome any comments for this hand as I believe I played it perfectly and just got unlucky, you may agree or disagree with me :)

PokerStars - $5+$0.50|15000/30000 NL (9 max) - Holdem - 5 players
Hand converted by PokerTracker 3

CO: 942,264.00
Hero (BTN): 687,764.00
SB: 643,535.00
BB: 620,748.00
UTG: 246,689.00

CO posts ante 3,750.00, Hero posts ante 3,750.00, SB posts ante 3,750.00, BB posts ante 3,750.00, UTG posts ante 3,750.00, SB posts SB 15,000.00, BB posts BB 30,000.00

Pre Flop: (63750.00) Hero has J♥ J♣

fold, CO raises to 60,000.00, Hero calls 60,000.00, fold, fold

Flop: (183750.00, 2 players) 3♠ 8♥ 5♣
CO bets 75,000.00, Hero raises to 624,014.00 and is all-in, CO calls 549,014.00

Turn: (1431778.00, 2 players) A♣

River: (1431778.00, 2 players) 9♠

CO shows 9♥ 9♣ (Three of a Kind, Nines) (Pre 18%, Flop 10%, Turn 5%)
Hero shows J♥ J♣ (One Pair, Jacks) (Pre 82%, Flop 90%, Turn 95%)
CO wins 1,431,778.00

My Thinking:
CO was min raising a lot preflop, and generally stealing a lot of pots which is what you expect from competent players. The thing is I didn't want to just shove and take it down pre-flop because I thought there was no value in that. And if I called and an overcard dropped then I could re-evaluate from there, however when the flop came I put him on some sort of 8 maybe suited connectors or A8 hence why I shoved. Would anyone of played this hand differently?


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Rick21
Joined: 02.08.2008

Interesting hand heads up:

PokerStars - $2.28+$0.22|3500/7000 NL (9 max) - Holdem - 2 players
Hand converted by PokerTracker 3

SB: 103,064.00
Hero (BB): 166,936.00

SB posts ante 700.00, Hero posts ante 700.00, SB posts SB 3,500.00, Hero posts BB 7,000.00

Pre Flop: (11900.00) Hero has K♠ 6♥

SB raises to 14,700.00, Hero calls 7,700.00

Flop: (30800.00, 2 players) A♦ K♣ 4♦
Hero checks, SB bets 14,000.00, Hero calls 14,000.00

Turn: (58800.00, 2 players) Q♥
Hero checks, SB bets 14,999.00, Hero calls 14,999.00

River: (88798.00, 2 players) A♠
Hero checks, SB bets 58,665.00 and is all-in, Hero calls 58,665.00

SB shows T♠ 5♠ (One Pair, Aces) (Pre 39%, Flop 5%, Turn 9%)
Hero shows K♠ 6♥ (Two Pair, Aces and Kings) (Pre 61%, Flop 95%, Turn 91%)
Hero wins 206,128.00


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Minraise is really weird if he's try to steal because it gives the blinds good odds to call /w any pp, any high cards, any suited connectors, and stick on the flop, and the fact that he's in the CO means he's often going to have junk so I like the smooth call. I think on the flop I prefer a raise to say 200k-250k rather than just flat out jamming, but he called it way behind anway and sucked out so it doesn't make a difference really. Played it great, just got unlucky.


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UPAY4DINNER
Joined: 28.09.2009

Originally posted by hendo2000
Minraise is really weird if he's try to steal because it gives the blinds good odds to call /w any pp, any high cards, any suited connectors, and stick on the flop, and the fact that he's in the CO means he's often going to have junk so I like the smooth call. I think on the flop I prefer a raise to say 200k-250k rather than just flat out jamming, but he called it way behind anway and sucked out so it doesn't make a difference really. Played it great, just got unlucky.

Amen to that!


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Rick21
Joined: 02.08.2008

Originally posted by hendo2000
Minraise is really weird if he's try to steal because it gives the blinds good odds to call /w any pp, any high cards, any suited connectors, and stick on the flop, and the fact that he's in the CO means he's often going to have junk so I like the smooth call. I think on the flop I prefer a raise to say 200k-250k rather than just flat out jamming, but he called it way behind anway and sucked out so it doesn't make a difference really. Played it great, just got unlucky.

Yea I did think about that, there was no way I was folding on the flop but I thought if I raise to around 200-250k then its sort of shows im strong, but a shove looked a little more fishy. Although I think a min raise there is fine because a lot of the times you could get called by worse than 99 and be in great shape. I dont hate the way he played it I actually think he played it perfectly aswell, just a cooler he got there on the river


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Rick21
Joined: 02.08.2008

February Review

February has been a difficult month for me, although it did start very well with a $120 upswing it then followed with a $250 downswing which I then carried on playing $2.50 180 mans and decided around 400 tourneys in that I was going to cash out some and leave enough to play $1 and $0.50 90 mans. I decided to do this because of two reasons, firstly I think moving up so quickly actually halted my learning process and I was getting lazy when it come to studying. Also I had mindset issues which meant I would tilt after losing big hands with KK or QQ to AX, this is something which I will need to overcome but at the moment I think its best I stick to 90 mans to gain more experience.

Summary

Tournaments played: 1529
Profit/Loss: $86.32
ROI: 4%

Previous Goals

:spade: Play 1500 tournaments
I played the required volume but admittedly didn't play too well and also had some run bad.

:spade: Don't worry about bankroll just play the required volume
Failed this one miserably as it affected my mindset and decisions at the table and even caused me to drop back down, im hoping to rectify this in March and hopefully run a bit better.

:spade: Watch 180 man videos
I watched some of Colin Moshmans videos and found these useful

March Goals

In March I will aim to just play around 1500 tournaments, im going to stick to $1 and $0.50 until I hit around $300 and then move up to $2.50 and drop back down when I get to about $200

:spade: Play 1500 tournaments
:spade: Improve mindset (don't look at cashier until the end of the session)
:spade: Review hands
:spade: Watch more videos


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3prswins
Joined: 27.07.2011

Nice blog Rick, and congrats on your progress :).

How many tables do you play at once? and how long do your sessions usually last?

I love playing MTTs and MTT SnGs but I never seem to have time to play them, which isn't really much good as I guess they're a volume game.


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Rick21
Joined: 02.08.2008

Originally posted by 3prswins
Nice blog Rick, and congrats on your progress :).

How many tables do you play at once? and how long do your sessions usually last?

I love playing MTTs and MTT SnGs but I never seem to have time to play them, which isn't really much good as I guess they're a volume game.

Cheers mate, Jan was better than Feb but hoping for a big March or April ;)

I play anywhere between 25-35 at a time (stacked) and my sessions usually last for around 3-4 hours, if I play more then I find I go into a trance and its all a bit robotic, however I do move my final tables aside so I can play more than just ABC poker on those

What I sometimes do is load tourneys up, stop once I get to a certain number and play them out, this can be good if you want to take a break in between sessions or control how much your playing with.


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Rick21
Joined: 02.08.2008

So I decided to play some on Full Tilt, Was running good and then the below happened right before the final table!

This sux because I find it difficult to multi table on Full Tilt so the beats hit harder :( oh well only a 50 cent tourney

I guess now I will be going straight back to Pokerstars as the software is way better


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