2015 MTT Profit

2015 MTT Profit
Click the Graph for a Month-to-Month Breakdown of Data

Thursday, June 4, 2009

Grrrr

Sorry I didn't post after my session last night. I got started late and was really tired after. I only ended up playing 68 SNGs and it was rough riding from the get go. I ended up down -$183 compliments of bubbling a bunch of games. This session was exactly like my last session in that only a few individual hands determined whether it was going to be a winning or losing session. Oh well.

I'm still $933 away from completing Phase One but I have a feeling I'm gonna have a sick rush of like 100 games where I make most of that. I'm playing every single day trying to catch that rush.

I'm planning on playing a ton tonight as I finally got some good sleep last night. I'll post a fresh graph after my session tonight.

Stay Cool

Wednesday, June 3, 2009

130 SNGs on Tuesday

I cranked out 130 SNGs over a seven hour period and managed to be down a negligible -$45 bucks. If just like five or ten single hands had gone my way out of that whole damn session I could have been up three or maybe four hundred. Its such a funny game. I find it hard to believe that I could be up $3,750 in my first 1200 SNGs and somehow be just barely above break even in my last 1200 SNGs. So much frustration in this game. I guess it really comes down to accepting the good with the bad and marching on.

Anyway I'll keep cranking out these sessions and one of these times I'll catch the rush I'm looking for to put me over the $5K bankroll mark. I feel like I'm so close now.

Stay cool

Tuesday, June 2, 2009

Inching Closer

I played 121 SNGs today and had a healthy +$350 session. This is the closest I've been to completing Phase One:

























I'm just $705 away from moving to Phase Two. The closer I get the more I want it.

Well there's not much more to report. I'm just really in the zone and excited to start Phase Two. Back to the grind tomorrow.

Monday, June 1, 2009

In Position To Close Out Phase One, Yet Again

Ok so I had another good session today and for the third time now I'm within $1,000 of completing Phase One:

























The last two times I was in this position I hit two ugly, long-lasting downswings (the second of which being particularly nasty). Third times the charm...? Ha. Well, without question I will be done with Phase One this week sometime. I'll put in 200+ games per day if I have to. I'm definitely starting to get tired of grinding these baby SNGs like a mindless zombie. I swear to God I can see tables flashing in my head at night while I sleep. I'm hungry to start putting in some nice MTT action again.

Speaking of MTTs I had a deep run in the Sunday Mulligan on Full Tilt today. I busted in 64th I think on a ridic hand. I just got moved to the table about five hands earlier with 40K in chips (800/1600) and opened 1010 on the button. Immediately the assclown in the SB overships 70K in chips. I snap and he shows exactly the kind of crap I figured, A8o. The previous hand when he was in the BB the button opened and he unnecessarily overshoved Q9o and got snapped by AKo and hit a 99Kxx board. So I knew this clown had no clue how to play postflop and was just shovehappy in the blinds. Anyway the board came 2459A obv and I'm busto instead of doubling to about 90K in chips and being in excellent position for a final table run. Whatever. This clown went on to finish 6th (blowing a huge FT CL lol ha) for a little over 10K.

My big Sunday score will come I know it. And its gonna happen this year. I guess I'm so excited about this project because it gives me something to focus on and look forward to while I'm waiting in the wings for a big score. I feel like I've proven my midstakes mettle and since Sundays only come once a week I can work on the Stars project most of the rest of the time.

I guess I'm the kind of person who needs a lot of structure in their life. I feel like I always have to be doing something meaningful or productive. This Stars Project is just the type of thing I can really sink my teeth into.

Anyway ramble over. Look for lots more posts this week as I wrap up Phase One on the Stars Project and dive head-first into Phase Two!

Sunday, May 31, 2009

Insanity

Its been rough to say the least. This game is ridiculously deceptive. One minute you're on top of the world and the next you're scratching your head in total disbelief. I've been losing for nearly 900 games now after winning for over 1200. All I can say is WTF? A double downswing caught me off guard and I don't really know how many more times I can stand to see my KK get cracked by something completely retarded on another 45 man final table bubble. Heres how it looks right now:

























Its not all been bad news however. I made Platinum Star for the first time ever. Pretty crazy considering I'm only earning five VPPs at a time all month long. Also I had a nice +$600 upswing in the last thirty games of my last session. Its unreal how it can take 300 games to lose $1200 bucks then only 30 games to get half of it back. Things have been so crazy and these turbos are so swingy I have no idea whats in store for my next couple hundred games. All I know is that I'm playing exceptionally well, I'm not tilting at all, and I just need a couple good rushes to hit the $4,500 profit mark giving me my $5,000 roll so I can finally move on to Phase Two of this project.

I wanted to start Phase Two on Monday, June 1st but unless I hit a sick rush tomorrow (not impossible) I don't think thats gonna happen. But for certain sometime this coming week I'll have my 5K roll ready to start my insane daily schedule of MTTs. Also I've decided to up the ante on the target goal and make this a "$500 into $25,000" Project.

I have a strong feeling it won't take me too long to complete this project. I've been really focused on this and if I can get through 900 consecutive losing games in a six day period and still be determined to carry on then there really isn't anything that can get me down.

Nerd Alert...

Off topic, recently NASA sent the final shuttle mission to the legendary Hubble Telescope to make one last set of repairs and upgrades. Hubble is already twenty years old and only has another five or so years left of usage. If you're not familiar with The Hubble Telescope you're not alone. Most people know very little about it or about anything in the Universe. I'm kind of a science nerd and the brilliant images Hubble has captured throughout the Universe amaze me. I'm gonna start sharing some of them on my blog.

Ever since man could look up at the night sky we've wondered whats out there. We've wondered why we're here and if we're alone. Only since Hubble has been capturing images of the Universe since the early 1990s have we been able to actually see whats out there. Billions and billions of humans have lived and died with only their imaginations to wonder whats beyond the reach of our planet, our solar system, and even our galaxy. We are the first generation of humans to have that privilage.

One night in the year 1054, Chinese and Arab astronomers noticed a massive bright light in the night sky. It stayed for years and years. They had no idea what it was but recorded the event in their journals. Modern scientists long suspected that what the ancient astronomers saw was a massive star far, far away that went supernova (exploded, basically). Hubble captured this image of the 1,000 year-old event still in progress:



















This is no small astronomical event. Its diameter is eleven light years across (about 70 trillion miles round) and continues to expand out at a rate of about 930 miles per second. Its about 6,500 light years from Earth (an unmeasurable number of miles) and yet is so large that when the star first went supernova back in the year 1054 it was visible to naked human eyes here on Earth as a bright, white light in the night sky.

Its beauty is deceptive. Like most things in the Universe this is a violent event and the energy associated with it is far greater than humans could ever imagine.

When I think of things like this out in the Universe suddenly everything in my life seems less important and I feel centered and safe. Suddenly my downswing doesn't feel so harsh.

Anyway glglglglglglgllglgl out there!!

Project Criteria Post

Project Criteria

Project Goal:

To turn an initial $500 bankroll into a $25,000+ bankroll following proper bankroll management guidelines.

This project will be broken down into two main phases and loosely based on components of the three most popular Bankroll Guideline methods on the internet:

* The ever-popular and basic "100 buy-ins" Rule

* Chris Ferguson's "Two Percent" Rule

* Fox's classic "Basic Bankroll Management" article on Pocketfives

Following the main principles of these guidelines I will be able to turn a very modest $500 starting bankroll into a $25,000+ roll (playing tourneys only) without any chance of going broke. I believe bankroll management is the single most important aspect of being a winning poker player and that's why I'm stressing the fundamentals of it throughout this project.

Project History:

When Boku87 famously turned $100 into $10,000 in March playing only small stakes SNGs I was captivated. It reminded me of Chris "Jesus" Ferguson's successful experiment of turning $0 into $10K a while back. It also reminded me of what I did with MTTs on Full Tilt. I had been playing midstakes tourneys on Full Tilt for six months with a lot of success. I started out last year with a modest bankroll on Full Tilt and grinded it up playing small stakes 45-mans and small stakes MTTs.

In mid-April I was presented with an opportunity to conduct a bankroll building project of my own. I decided I could "mix" my MTT success with Boku87's mass SNG success. I had $500 on Pokerstars and decided I was going to grind it up to a $4,000 bankroll playing only the same small stakes SNGs Boku87 played. Once I accomplished that I felt pretty good but decided to take it further.

Phase One: Turning $500 into $5,000

Getting from $500 to $5,000 must be done playing small stakes SNGs only. I can't play any buy-in higher than $16. This is exactly the same criteria as the Boku87 challenge; nothing too complex just a ton of grinding. Its a safe, reliable, and uncomplicated method of building a realistic bankroll to play MTTs with. Once the roll is at $5,000 I will move on to Phase Two.

Phase Two: Turning $5,000 into $25,000+


From here things get quite a bit more dynamic and interesting. Using proper bankroll guidelines (but being reasonably flexible) I will start playing scheduled daily MTTs in addition to grinding SNGs. Because there is so much variance in MTTs I like to grind SNGs on the side for a little consistency and bankroll boost.

I'll start out playing nothing higher than $55 buy-ins for freezeouts and nothing higher than $10 buy-ins for rebuys (except the $22 1r1a). As my bankroll grows or shrinks I will adjust my buy-ins accordingly to ensure there is absolutely zero risk of ruin.

Summary:

Being a successful MTT player requires a great deal of patience, discipline, and sound judgment. This is NOT a "speed" project. It won't be done overnight (though it will be done in a reasonable time frame). The goal is to turn $500 into $25,000 by following proper guidelines, not by taking shots.

Wednesday, May 27, 2009

Little Turnaround

I'm back to my peak in profit after four days and over 400 games of downswinging:
























I sure hope I don't run into another brick wall like that again. Its the kind of extended downswing that makes you question the game and makes you wanna throw your monitors right through a window. Finally after almost seven hundred games I've got my 45-man ROI up near where it should be long term at 15%. I know I can run 20% or better but I'm just happy for now I finally broke through. Feels like its been forever on those.

As of right now I just need to make another $905 in these baby SNGs and I can finally move on to Phase Two of the project I'm now calling the "$500 into $20,000 Project". Real original huh? Anyway Phase Two involves pivoting from small stakes 18 and 45-man SNGs to a large daily schedule of low and midstakes MTTs. I posted this schedule in my last post. I've also decided I will probably run 180-man SNGs and possibly 45-mans as well.

I'm getting excited about switching back to MTTs and I hope I can start Phase Two on June 1st. That gives me five days to make the $905 I need to have the roll at $5,000.

More updates soon!