I guess I can survive on 1k a month for a little while
from your PTR looks like you are running bad at 25NL so maybe you are due a huge upswing, but giving you a (probably very conservative) 5bb/100 and 100K hands a month gives you $1250 a month, dunno how much you get from your FPPs, but do you see how hard it's gonna be to move up when you are taking out so much (compared to stakes) a month?
they say you shouldn't borrow to gamble but I think it can make sense in some circumstances, put $5K on a CC, 100K @ 5bb = $5K pay it straight off if you can live on FPPs for a month and you're in a lot better situation a lot quicker. Need to be uber confident you can beat 100NL of course. Or sort out some staking thing on 2+2.
Hopefully you won't tho cos this looks like it will be a good read. GL!
Yer 10c/25c started out a little rocky but hopefully things pick up now, to be honest i was definitely rusty playing as many tables as i was and also had to adapt a little to how the players were thinking (not overbet bluffing in the situations that I am used to doing so or finding bigger folds etc.). I never really like to think I'm due an upswing partly because I'm superstitious and just think i will get jinxed but also because it can be a bit of a crutch sometimes.
Maybe i wont need 1k a month cashout but id rather over state it than try to budget for less. I mentioned a bonus that is pending (9/10th of the way cleared). This is a for ~$5K but with the FPP/hand ratio being so low at micro stakes I am still probably 70,000 hands away from clearing it. I will pay for the first months living expenses from it and also my holiday. Hopefully this could mean it might be possible for me to be comfortable rolled for and playing $0.5/1 by the end of next month- if I'm able to knock off the remaining rust and catch up with the times. Late July-August might be the most critical time to scrimp and save a little so that I may potentially make it to $1/2- especially since it will likely not be till late August that i see another bonus cleared. That's kind of the plan anyway.
I considered taking some sort of loan in order to miss out micro stakes but honestly that would be too easy. Its essentially what i have been doing all year, assuming i can just put the use 30k or 20k or 10k then 5k online and grind my roll back up after each stupid loss. Its this arrogance i guess that has meant that i haven't been putting in the hard work and have whittled away so much. Also i just don't want more debt hanging over me on top of a student loan and overdraft- hey my credit rating is already shocking enough probably given the amount of gambling transactions over the years lol.
Another daemon circling in my head is the fact that i haven't noteably won all year really. Maybe not focused, maybe a little run bad, maybe whatever excuse etc. etc ...... but damn, 6 months is a long time to go for without winning much for any supposedly profitable player. I have just now for the first time this year had 3 winning days in a row and this will hopefully be chalked up as my first winning week so my confidence has obviously been pretty ragged. As someone who probably plays 9 days out of every 10 these figures are either a huge anomaly or more likely somethin has been going seriously wrong. Basically I'm not even sure anymore what level I can beat right now and so using borrowed money to play a game I'm not sure I'm good in would just be suicide.
Today i played some more 50NL and 50PLO HU since i can only manage 3 tables anyway without a mouse. Again had to sell half my action since there are no 10c/25c HU tables.
June 26th 2010
Start BR $950
Handes Played 1099
Games PLO50 NL50 (50% action sold)
Profit $269.3 ($135)
End BR $1085
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A strange hand, the guy had a Donk Bet of of 83% over ~250 hands which is pretty ludicrous. I was raising any nutty hands or total air and pot controlling weaker made hands. He would typically 1/2 or 2/3 pot the turn with any semblance of a hand and just check fold air so it was pretty easy to work him out after a while. I had seen he liked to chase draws and not stick his money in so I wasn't really concerned with getting pushed out by a draw when i raised for value/protection and I was fairly happy with the fold after the hand was over. Calling down was the other option but i didn't want to lose value from top pair or from any draws he might have but it certainly has merits.
http://www.pokerhand.org/?5530393The final hand we played. Again i wasn't overly excited to get it in on the turn but folding wasn't really an option. After this was showdown i hated my fold in the other hand. Oh well...
http://www.pokerhand.org/?5530403
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