Sunday, 20 April 2014

$100k Badge on PocketFives and the road to $250k!

Very much like it says on the tin, this weekend I hit the milestone of $100,000 in prizes cashed for as tracked by PocketFives.



In actuality, I've cashed for a lot more than this, in fact OPR has my total winnings on PokerStars alone at around $140k, but it's still a nice accolade to have. PocketFives is one of the premier ranking sites for online MTTs and many people in the poker industry use the site to characterize players and search for information so having this badge by your profile can really solidify your place as a skilled and respected player.

The journey to $100k cashes hasn't exactly been linear. For the first half of my poker career I barely played tournaments, and it was until around 2011 that I started notching up the cashes. At that time I was lucky enough to be picked up by a Turbo 180 stable run by brad2002tj called Team LAGtard. It was here that I learnt most of what I know about tournament poker including the fundamentals of aggression and pot odds. I can honestly say without Brad and the team I wouldn't be at this point today where I can make a living off this game so for that I thank them.

After that I broke into small stakes MTTs and that's where I've been for the past two years where I imagine the majority of my cashes have come from. With small stakes MTTs, it's pretty simple to steadily accrue a large number of cashes thanks to the great volume you can achieve, even if you just stick to PokerStars.

Moving forward on the road to $250k, I expect to move up in stakes and get there much quicker than I did $100k but I'll never rack up the big time cashes like the NLHE sickos do, even though it would be nice. I'll stick to what I know which is grinding out the profits slowly playing my games, hopefully with the odd turbo here and there. I'd like to give you guys a time estimate of when I think I'd making it but honestly I'd just be throwing out numbers. I think by the end of the year would be very optimistic but not all together impossible. If I'm still playing pro by this time next year though, I'd expect to have hit it. If there's a site out there, or even an option on SharkScope that can show a graph of cumulative cashes over time please let me know in the comments because that would be pretty darn interesting to have a look at.



Even though I'm now more profitable than ever thanks to the switch from primarily NLHE to where I am now where the majority of my volume is in PLO8 and PLO, the payouts are normally much less because of the drastically reduced field sizes meaning that I may be accumulating cashes at a slower rate. In the end though this game is all about the bottom line, so even though having the accolade of a huge amount of prizes won is nice to have, I'd still rather take the larger profit margin. I feel very blessed that I can subside on the money I make playing a game I love so it would be wrong to bemoan the fact that I don't make more. It could be worse, I could be grinding 50 hours a week at MaccyDs (Yes, the term "grind" is necessary).

Anyway, I'll leave it here for now. I have a few ideas for more posts coming, and people seemed to react well to the "Top ___" lists that I've made in the past so I'll be putting out so more of those. Tomorrow I'm back off to the South Coast to visit my family which normally leaves me a bit of time to knock out some writing so hopefully there should be so nice content to read soon. Good luck to all you grinders over the weekend and special wishes to all the UK players taking part in the WCOAP at Stratford. Speak to you all soon!

Sunday, 13 April 2014

My Favourite Poker Goals and Challenges Threads

Poker Goals and Challenges is a sub-forum on the popular TwoPlusTwo Poker forums where players can create a thread and discuss their poker related ambitions and dreams. Essentially it works as a blogging platform with an extremely large readership and much better interaction with those interested. I enjoy reading these threads almost as much as I enjoy writing this blog myself and as such have become a pretty avid lurker on the forum, weighing in wherever I feel I can be of help or just leaving messages of support for those players whose thread I have enjoy reading. I thought I'd share a few of the most interesting ones, or at least in my opinion, to help these amateur bloggers and maybe even get them a few more subscribers.



1. Flixxx - Grinding It Up

Many of you may already be familiar with xflixx's Grinding It Up series of videos on YouTube as their very well promoted by PokerStars due to Felix being a Team PokerStars Pro. The videos themselves provide great strategies for the beginning player while being presented in an engaging and humorous manner. However, while the videos are a great draw to the thread, its the post themselves that I actually find the most interesting. Many beginner players that view the thread take the opportunity to post questions to the author, some of which he answers in forthcoming video, which provoke some pretty interesting discussion, much better than the average garbage you tend to find in the strategy forums. Id genuinely suggest to any players new to the game to check the thread out as you'll get some very clear and concise answers to your questions.

2. Nikachu - I AM A BUM PLAYING BUM STAKES

I first came across the Nikachu a couple of years ago when he produced a video for CardRunners as part of their promotion to find new video producers. The guy is crazy, truly crazy, but he's hilarious. He's actually a very solid player, so you do find some decent strategy content in the thread but the thread is meant to be more humorous than anything, which it delivers. My favourite part of the thread? The paint-drawn pictures of bunnies scattered across graphs and hand histories. Trust me, they grow on you.

3. Yazzx and Izzit - Broke Brothers Grinding and Partying in Cambodia

This is by far my favourite thread in the forum. The thread follows two brothers from the UK who moved out to Cambodia for the women and crazy partying lifestyle. Now you may say that a thread about kids getting drunk out in South-East Asia isn't exactly new, but what makes this thread stand out is that these guys are living on, and comfortably mind you, the money they make from grinding 2NL! Where they're living in Cambodia is so cheap that they've worked out they can live on around $10 a day, which includes rent, bills and partying! It's a brilliant story and the two authors are great at posting interesting and regular updates, along with pictures of hot Asian girls. And of course, there's the odd discussion about whether they are ladyboys or not. Don't be fooled though, these guys are serious grinders and continually put in 8hr + sessions while 24 tabling. The thread delivers from a poker playing point of view as well as being a great story so I'd definitely give it a read if I were you.



So there's a few interesting threads I reckon you guys should check out. I also want to give an honorable mention to another thread written by skele701 where he blogs about his own O8 MTT grind so if you're here for the mixed game content then you'll definitely enjoy that too. While you're on the forum check out some of the other threads too, there's usually something to fit everyone, whether it be someone playing you're particular games and stakes or maybe it's someone local to you. I hope you enjoyed my little summaries and I'll be writing again soon with some more poker stuff. Good luck at the tables!

Tuesday, 8 April 2014

2014 Goals - Quarterly Update!

So we've just arrived here in April and that means we're official a quarter of the way through 2014, damn that went quickly! That does mean though, that it's time for a quarterly update of the year's goals so far. Here's hoping I've actually made some progress this year!

Poker:

1. $30,000 online profit as recorded on Official Poker Rankings

OPR currently has me running at just over $5k in profit while my tracking software has me closer to $6k. Even though it'd be a little better for my ego to use the $6k figure, I did after all specify that it had to be on OPR, besides, even that figure wouldn't have me on track. To be on pace for a $30k year I'd need to be at around the $7.5k mark so I'm behind pace using either tracking method. I had a really good start to the year in January but then after that I went into a pretty long break even stretch and am now just coming out the other side. I am still working hard on my game and putting in good amounts of volume so I hope to catch up very soon.

2. £5,000 live profit

So I set a goal of £5k profit, so far I'm throwing up a bagel, £0. On the bright side though, I'm not actually lose either so I suppose I can't complain. So far the only live poker I've managed to play has been the Coral 30/30 that I got into for free last month and seeing as I didn't manage to cash the tournament, it leaves my yearly total at nothing. I am looking to put this right though as a friend of mine is constantly bugging me to play some live tournaments here in London and I'll definitely be taking him up on the offer very soon. I may even get around to it this weekend.

3. To become a regular at the $55 level

Now here's a goal I'm actually making great steps towards. Since my TCOOP score in January, I've been speaking with my backer about slowly increasing the stakes of our backing agreement. So far I've been increasing my average buy in, and actually satelliting in to the $55 PLO8 regularly on a Saturday, so I definitely feel like I'm making progress. I'd like to keep up the success I'm having in the $33s and $11r's for now such that I'm on a solid footing when I do finally make the move up.

4. Take 15 "shots" at Weekly Majors

Another quantitative goal which is easy to assess the success or failure of. I'm failing. Quarter of the way through the year I should have taken 3-4 weekly shots by now and unfortunately so far I've only managed to take two, bricking both. The weekly O8s are actually a bit tougher to satellite into than I had initially estimated so I haven't had too much success in them and I'm still not too comfortable punting the $11r turbo satellites, even if they are as soft as I've been told. Hopefully though, if I manage to make more progress with the previous goal of increasing my average buy in then I should be able to play some more satellites to these events and maybe take some more direct shots.

5. Play one live "Main Event"

Even though it's by default, I'm calling this a win. If you haven't read it by now, be sure to read my trip report of the Coral 30/30 held at Aspers Stratford last month. It was a £300 buyin and also the Casino's premiere monthly tournament, which definitely qualifies as a Main Event. I'm also heading back to Aspers later this month to play the WCOAP series and so I'll almost definitely be adding to the success of this goal.



Non Poker:

1. Maintain a running average of 100 readers per day

We're well on the way to hitting this figure. I'd like to say it's due to the quality content and great output of posts, but it's probably just because I'm spamming Twitter a bit more! In actual fact, recently a good friend of mine began a job working for a media company and has learnt a lot about how to increase the readership of websites and blogs through a technique called Search Engine Optimization. It works by improve the site's Google Pagerank through strategic use of key words and hyper links. He's taught me a lot about how to better utilize this blog and I hope to continue implementing new strategies in the future.

2. Have an actual grind setup

This has been a tough goal to achieve as it's hard to balance having an actual grind station or office and not completely shutting yourself off. What I have tried to do though is make the best of the situation by buying better peripherals. I've invested in a better quality wireless mouse, along with a ton of spare batteries so I'm never caught short, and purchased a set of noise cancelling headphones so that should I desire to be completely shut off in my own little world, all I need to do is flick a switch. I also invested some time into creating a mega long grind playlist, which while not contributing to a grind setup per se, helps me to focus better.

3. Organise and structure my time more efficiently

I feel like I've made some strides forward with this goal. I actually have my part time job to thank for this because, as you may have read before, I have been working far more hours than I had originally anticipated. This does however mean that I am getting up early most days which eventually becomes a habit, so even on my days off I'm managing to be awake, fresh and alert by 9am. I also tend to finish at around 3pm, which means I get home at the perfect time to put in a solid evening session. What I'm especially pleased about is that I've made great strides in making the correct decisions when I'm too tired or not in the correct frame of mind to grind. I can only the imagine the amount of money I've saved through only playing when I'm feeling 100%.

4. Improve my writing skills

I suppose this is one for you guys to decide. Much like poker, I can definitely get a feel of when I'm writing interesting content which actually makes sense, and when I'm writing complete garbage. The problem is that the garbage volume tends to outweigh the quality content and as such my delete key gets a good workout. I do still intend to working on my writing skills and this post has encouraged me to continue to improve and maybe even purchase some books on the subject.

5. Start "saving"


I haven't actually managed to do anything proactive about this goal, like open an ISA account or invest money somewhere, but I am managing to keep some money behind at the end of the month, which keeps me comfortable. The part time job helps to cover the rent and bills but I do still rely on poker to keep me afloat, which it manages to do quite nicely. I did especially well in January but had a very disappointing February so the two seemed to cancel each other out, but March got things back to normal so now the Poker and bank accounts are both very healthy. I'm also keeping my tips tucked away in a pot so if there's ever an emergency, I should have a little bit of cash handy to fall back on.



So there you have it, an update on my 2014. Like a report card from school at the end of term I think the summary of the last few months would be "Could do better". It's good for me to take stock of how my progress is going every few months because it gives me perspective, and encourages me to work harder. Even as I write this, I'm raring to get back to the grind and start raking in the money. If there's one thing I've learnt from all this grinding is that volume conquers all. If I'm a winner in the games, then the more I play, the more money I make, it's as simple as that. Speaking of which, I better get playing! I hope 2014 is going well for all of you guys too and if not, then it turns around soon. Good luck at the tables and I'll speak to you all soon!

Friday, 4 April 2014

3rd in $33 Omania - Biggest PLO cash to date!

As you know, the Omanias are always on my daily schedule, be it the $5 PLO, the $8.80 NLO8 or the $33 PLO, and they are some of the softest tournaments all day. Along with the smaller rebuys, like the $3r PLO and the $5r PLO8, they seem to attract the largest amount of recreational players, mainly due to their large prizepools compared to the rest of the schedule, thus it's pretty simple to go deep, and even win these tournaments without ever having to play tricky. Simple ABC poker and playing a slightly more aggressive style than your average fish will show a healthy ROI.

I've had a fair bit of success in the Omanias, most notably shipping the morning $16.50 PLO8 twice and the NLO8 once as well as numerous other final tables but this one was by far the biggest. In fact, the top three prizes for this tournament were bigger than the first place pays out normally in any of the other Omanias I normally play. I would get into a discussion around this point that the Omania prize pools are slipping but that's something for another post. All I'll say here though is that unfortunately many at the moment are not hitting their guarantees during the week, especially the $5 PLO which seems to be missing it daily.



As for the actual tournament, like I discussed before, I didn't get up to anything fancy. Chipping up in the early and middle stages seemed to be a breeze as people seem very happy to call off with very little equity quite regularly. By the time we hit the bubble I'd managed to grind my stack up to a healthy 30k, approximately 25BBs. It's around here that the field seems to massively tighten up, with good reason sometimes as the min cash tends to be around $70. For the more experienced big stacks like myself, it's a great opportunity to put some pressure on the weaker players and the short stacks. I tend to take advantage of my HUD stats at this point because they can instantly tell me what my plan of action is against certain players. Against the loose passive fish which have lucked their way to this point by limping any four cards and smashing the flop, I can raise to isolate them into heads up pots and simply bet out small on all flops expect to get a fold a very large percentage of the time. Against tight players in the blind I can simply raise any unopened pot to steal the blinds and against better players I can tighten up and play solid poker.

By the time the bubble burst, the average stack was around 10BBs and we lost half the field within two orbits. Due to the fast structure and the general tight nature of PLO MTTs, the stacks never really consolidated and even up to the final two tables, average stacks remained short. I manage to keep a top 5-10 for the majority of the late stages by playing tight aggressive poker against the weaker players and managing to get AAxx in a fair few times preflop and holding. In fact, I manage to burst the final table bubble by doubling up through one of the bigger stacks while holding AAxx, and finishing him off the next hand with KKxx.

Nothing particularly special happened for the first part of the final table. The big stacks kept piling on the pressure and one by one the short stacks fell. By the time we got to four handed play I was the short stack myself but once again I managed to double holding AAxx and the chip leader finished the villain off to set up three handed play. Now here's where things got interesting.

The chip leader was a solid reg that unfortunately I didn't have many hands with but luckily a fellow grinder had, so he was able to give me some good reads that I felt I could use. I was second in chips by around 6-7BBs and the short stack, who was only around 5BBs behind me, was a weaker player who was probably a recreational poker player at best, and probably had very little experience playing PLO MTTs. The short stack immediately suggested a chop and as the money on the line was getting pretty big, I agreed to have a look at the numbers. The moderated posted the chip chop figures of $1.9k for the chip leader, $1.8k for me and $1.7k for the short stack. The other players quickly agreed but I hesitated. The original payout figures stood at $2.3k for the winner, $1.8k for 2nd and $1.3k for third. Although the deal would guarantee me a 2nd place payout, I believed I had a huge edge against the short stack, and between myself and the chip leader, we could apply a lot of pressure on him, grind him down and eventually bust him. At that point I could deal with the solid reg for a figure around $2.1k. It seemed a bit risky to pass up possibly $500 for a chance to win an extra $300, but I felt confident in my short handed PLO game and so believed it was right to turn down the deal. I still do.



Unfortunately for me, the best laid plans don't always turn out the way you want them to. A few hands later the weaker player opened from the SB, I 3-bet with KK87s and called his 4-bet jam. He flipped over AJ87ds which made me a small favourite but he managed to river a straight to take the pot and leave me crippled. The next hand I got it in with the reg with some decent equity but he held to send me home in 3rd for $1.3k.

I've gone over the deal discussion in my mind time and time again and even talked about it with some other MTT regulars who had more deal making experience than me, but the general consensus is that rejecting the deal was fine and that I shouldn't be disappointed that the risk didn't pay off. I'd probably do the same if I was put in the same position again and who knows, it may work out better for me that time. For now though, I'm pretty happy to get my biggest PLO cash to date, and first four-figure PLO cash, and look forward to possibly racking up a few more. My confidence at the game has shot up now that I'm winning at it again, and I genuinely feel like another big score could be just around the corner. Of course, should that happen, I'll let you folks know straight away! Until then though, I wish you all good luck at the tables and I'll speak to you all soon!