Archive Jan 2010: DeuceSeven Poker

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Takin a shot and WBCOOP

At work things have been really slow, so my company I still technically work for decided to transfer 6 of us to other departments for less pay. I wasn't really crazy working for 4k less per year so I decided to quit. I'm going to take a shot at playing small/mid stakes mtts starting out around a $22 average buy in.

This wasn't an easy decision I went through a range of emotions after finding out I was being transferred. At first I was pissed, which seems obvious. I was like fuck this place I'm going to play poker for a living w/out really looking at the big picture. About a week or 2 later I got irrationally scared because my family was telling me it was a bad idea and in most cases my family gives great advice, but they don't understand that over the long run poker is absolutely profitable. Finally after talking to a few more friends who were in good jobs and who could easily take a shot if they were single told me it seemed like a feasible and maybe even a great idea. At that point after looking at living expenses, my bank roll, and my savings I decided this might be my only shot to give this a try.

I took a careful examination of whether keeping my job or going pro(I say going pro cuz it's quicker then saying playing mtts for a living) was the best idea. The money assuming I have around a 50% roi was going to be a bit more going pro so this point was a wash. Benefits, well benefits have gotten worse the more I worked at my job and expect it to get much worse when our contract ends in July, but still my previous job had an edge here.

The next thing I looked at was which option would I be happier. Playing a game I love with the ability to put 100% of my energy into it given my competitive drive has a huge edge over doing some mundane, slightly dangerous job. At my job I was going to have to work from 6pm-6am 14 of every 28 days which sounds beyond shitty where as going pro I'd work 8-12hrs/day starting around 2pm 5 days/week again edge by a long shot goes to going pro. The next thing to look at was taking personal days off. At my job even if you're sick with a doctor's excuse you get charged an incident after 3.5 incidents in you're in deep shit and can't miss another day for like a year or you're close to getting fired, poker you can take a day off whenever the fuck you want, edge by a long shot poker.

So as of today I have about an 11k bank roll and close to 8 months living expenses. As I mentioned I'm going to start out playing around a $22 abi and get in about 400 mtts/month. I'll post a bit in what my goals are for 2010 including some life goals in a few days.

I heard that the wbcoop is coming up on pokerstars. The wbcoop is a series of freerolls for poker bloggers and since I both blog and like free money I'm going to sign up to play.

click to enlarge the image

I have registered to play in the PokerStars World Blogger Championship of Online Poker! The WBCOOP is a free online Poker tournament open to all Bloggers, so register on WBCOOP to play.

Registration code: 225608

2009 review.

I had a really weird 2009. I made 4 fts to big mtts for me during the first 3 months and ran really bad at them getting 2 4ths and 2 8ths. However I did manage to increase my roll by almost 65%. Then I went on a sick downswing from after my last of the 4 fts until around August where I lost almost half my bankroll. From August until the end of year I made just under 7k. I missed my goal of making 10k which seemed like a lock early on and managed to make 5.7k for the year which is really disappointing considering I made 3.5k in the first 3 months.

I told myself I would greatly reduce the amount of time I spend playing/studying poker if I didn't make 10k. At this point it seems really stupid to quit as I feel I've grown a ton as a mtt player. Although I ran bad for most of the year I'm sure if I was as good as I am now 7 months ago I might have binked something biggish during that big downswing. What turned around my year besides improving was game selection. I've become more conservative with my bank roll and unlike the first 6 months my bigger buy ins are in smaller mtts with 600 or less runners which means playing a ton of UB 44s and 66s, I've binked 2 of these in the last few months.

Something that I noticed looking at my results is when I was on my crazy swing shift schedule (working 3 different shifts in a week) I was down roughly 6k and in the 4.5 months I was on a set schedule I was up around 12k. My thinking is playing on a fucked up schedule = a terrible idea.

For the year my 4 figure cashes were:

FTP $26 4th for 2.3k - Jan
FTP $26 4th for 2.3k - Mar
FTP $11 1st for 1.4k - Jul
FTP $11 1st for 1.4k - Sep
Stars $5q 1st for 2.3k - Sep
UB $44 1st for 2.3k - Oct
UB $66 1st for 3.7k - Dec.

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