So I have a lot of time on my hands, my job is stalled in progression and I still get a salary but I have nothing to do, I don’t even have to go into the office if I don’t want to. This would be a dream position for most people but I feel a sense of uselessness and that I'm wasting my life, I am currently an expat so there isnt much for me to do with my friends other than my trips home every few months. Dont get me wrong I love my job it pays well and has good progression but I just cant sit still! So I have decided to start doing something I always wanted to do but didn’t have enough time to do. Learn poker the proper way! I have the time and the safety to do this regularly, however I will not be being stupid, I will not be putting any cash into my account after the original bankroll, if I lose it I will stop completely.
I have played poker casually in the past, but I was never any good at it, sure I understood the basics but I would always tilt, make bad decisions, have no bankroll management mainly because I just didn't care but now I decided to start fresh I like challenges/math/psychology/logic puzzles as I grew up so I figured this would be a good project. I think I have made a total of $200 total over the casual time I played, big upswings and downswings as I only cared about how much money I made, including weeks of throwing away $100 at a time and then my 1 big win of a $10 MTT with few entrants for $1000.
I will be doing regular study and setting myself goals. I will be using the www.pokerstrategy.com site for basics as a start until I learn to analyse myself, as they sponsored a SC2 event a while ago and I setup an account there. I also thought this blog/journal would be a good outlet to put my thoughts on paper and track my progress! I have lurked lp.net for a while but time to contribute I think!
Needless to say I will not be aiming to make money, but to get good at the game. My starting Bankroll will be $500 USD which was still in my frozen pokerstars account from a long time ago, that account is frozen so I think it is a good testament that I have time while the process goes through to unlock it to start studying.
Feel free to suggest some benchmarks, books/studying material for me! From what I hear getting a stars account unlocked is a nightmare so I might have some time to start reading before I sit down at a table to put it into practice!
MTTs variance is crazy, but I've been trying to put as much volume as posible. I'm moving up very slowly cause my BR management is very tight like I said in previous blogs, but once in a while I take some shots. I've been playing about 700+MTTs/month, playing 4 to 5 days a week.
I've been very productive since coming to bangkok, making the most of my time instead of just procrastinating. When I not playing poker I'm modeling or having fun with my friends and gf in bangkok. Life has been great here, nothing to complaing about.
I also decided to take the advice of the byrnersam thread about porn. I used to watch porn quite often (like 2 or 3 times a week) and after reading that thread I was surprised about all that info, started looking for more info about the subject online and decided to take a shot and stop the wanking and see what happens. It has been about a week since the last time I did it.
My BRM only allows me to play up to $22 frezouts and $5 rebuys but today I'm gonna take a shot @ the SCOOP Main Event $109. Wish me luck!
Cheers guys.
So after losing 35$ to "bad beats". Well not really bad beats. But at the time calling I had 50%+ in every Sit & Go. I started going hardcore tilt and played Omaha for the first time. After 3 hands I won back 60$ so I left quite happily with the outcome.
Can someone tell me what style of poker is considered the most solid? Omaha, holdem, nl/pl, Sit & Go's, tournaments or standard tables? My goal is not the quick money. But I want to be rewarded for being a good player some day.
I know a lot of you should be quite experienced in the choice of pokerstyle and their pro's and con's.
So after losing 35$ to "bad beats". Well not really bad beats. But at the time calling I had 50%+ in every Sit & Go. I started going hardcore tilt and played Omaha for the first time. After 3 hands I won back 60$ so I left quite happily with the outcome.
Can someone tell me what style of poker is considered the most solid? Omaha, holdem, nl/pl, Sit & Go's, tournaments or standard tables? My goal is not the quick money. But I want to be rewarded for being a good player some day.
I know a lot of you should be quite experienced in the choice of pokerstyle and their pro's and con's.
Approximate balances in each at the end of this week:
Checking: $1.8k
401(k): $1.5k
Online Poker: $2k
(the obvious thing missing is a Savings account): $0
Total: 5.3k
Work Income: Varies since I’m full-time hourly + earnable monthly bonus. I set 10% of my work check aside (pre-tax) for my 401(k) ~ $250 monthly [note: my 401(k) does not do matching].
Approximating this ~ $1900 monthly (take home)
Online Poker: Started with $200 in February, grew that to ~$2750 in 3 months, cashed $600 out last night to put in my checking account. Graphs/Data of results (cash games not included, but also insignificant): http://imgur.com/nRZmW My aim for the time being is to keep $2k in this account. So… as I continue to make money, I’ll be cashing out back down to $2k regularly until my checking account to poker account ratio becomes more appropriate.
Tough to say how often ill be able to make withdrawals like this. Lets approximate $600/month.
Fixed Expenses (monthly):
Rent + Utilities = ~ $575
Phone: $50
Car insurance + Car payment: $200
Total Fixed Expenses: $825
(Monthly Income + Poker Withdrawals) – Fixed Expenses = $1675
I have no idea what my approximate monthly Non-Fixed Expenses are (gas, food, going out, girlfriend, etc…), but at my worst, I can’t be spending more than $500-600/mo (sound reasonable?)
So what should I do in an effort to save money/accumulate wealth with this extra 1-1.2k monthly? Any tips on how to adjust my current situation (the fact that my 401(k) doesn't match is a bit concerning to me)? Also, how should I handle the distribution of my poker account to checking/savings accounts..what seems like an appropriate ratio between the accounts?
Any semi-pro/pro poker players comments on this would be great.
I'm not interested in hockey, but there's one think that bothers me, now that I've stumbled upon an article regarding the World Championships, which are taking place at the moment.
Do the USA and Canada send the very best players to compete in major international tournaments (aka Basketball's Dream Team), or do they just send some mediocre guys who may or may not win the title? What about the very best players from other nations, like Russia and Sweden?
hey guys,
we decided to start a prank channel on youtube like the PrankVSPrank channel. We are gonna prank each other and post the videos. I'm done with the lame old pranks, we are gonna do actual good pranks, I have some ideas and would appreciate if you guys help me with some.
The WSOP 2012 is a couple of weeks away and I can't wait to be in Las Vegas for my second series. Everything about it has me really pumped up and I'm looking forward to do well. I have good expectations for this trip and hopefully I'll run good in many of them.
I plan to play 17 events during this series, including the Main Event. Here's the full list of them:
I'll arrive to LV on June 2 at noon and stay at a department in the Jockey Club with some friends and come back home on July 17, right after the Day 7 of the Main Event is over.
In order to be in the best possible shape, emotionally and phisically, I've been going to the gym for the last month and have tried to eat as healthier as possible. I hope I can stay on pace during LV although it is going to be very difficult.
Selling pieces of me
The total amount of buy-ins equals $37,500 USD and I'll sell 35% at 1.05:1 of this package:
So far I've sold 16% so theres 19% left
1% = $393.75
3% = $1,181.25
5% = $1,968.75
10% = $3,937.50
I'm hoping to do well in the saturdays $1.5k events so If I manage to do that, I won't be playing the $1k's on Sunday so you can be sure I will send back every money I don't get to use, obviously including the 5% mark up you send.
Taxes
As far as I know, mexicans get taxed for 30% in cashes over $5,000 after the buyin. Ex: I cash $20k in the ME, the amount of taxes for this price is $3k: $20k-$10kbuyin = $10k*30%=$3k so the total amount I'd receive in this case is $17k.
EDIT: I read other post about taxes being taken from $5,000 after profit, so if that is the case and taking last example, the amount of taxes would be $1,500 and not $3,000. ($20k-$10kbuyin=$10k-$5k=$5k*0.30=$1,500). Wish I could know EXACTLY how this works though
I was also told that you can fight/receive back your taxes so in the case we win something big, I'll give back your share of them after I received them.
Even with it, I still think it's an +EV situation and be sure I'll play my best cause I got 65% of my action.
In the case you wanna buy a share of me, I would love to receive the money on Stars.
Personal Info
I've been a member of LP and TLPoker (latin sister of LP) for a long time and I consider myself a very trust worthy person and player. I have give over $50,000 in stakes and have send the money immediatly after the scores. I've never scammed anyone or have use stake-money in an irresponsible way. My PS status is Supernova Elite and as for live experiences I've played 4 LAPTs (1 FT in a 2nd chance and 2 cashes in the main events) and 1 WSOP ME (last year).
Some references:
lostaccount
TimDawg
Baalim
nolan - met him in Punta del Este and knows I'm a good guy although we've never been in any kind of business or stakes
I have opt-in in OPR but haven't been updated yet in the site. I don't know if any other MTT tracking sites are working properly but I'm up like $250k in profit (FTP+Stars) with a little over $500k in winnings. My ITM % is over 15%. My ID is o_omx in both Stars and FTP.
You can post here or send a PM to book your share. Please ask everything you'd like to know about me, my staying in LV, live experiences or whatever in case you think the information I've posted isn't enough.
Is it allowed to think in terms of luck? Cause I had a lot of bad luck today alright...
Even though I quit playing Hyper speed Sit & Go's which helps a lot with that preflop allin shit (thanks for the tip guys, I thought everyone grinds Hyper before I read otherwise in the comments ^^ ), theres still plenty around. And even though I know I have the better hand, I have this feeling I shouldn't call. Because every time I do I get punished hard. Losing KK to Q 7 feels tough man.. specially When you go out as third unpaid. (a lot of "I"'s up there, sorry not a native English speaker)
Oh well I have the feeling I make the right choices and overtime it will pay. As for my 10$ - 1000$ challenge I'm doing it step by step and after 4 sweaty hand days of poker I broker 50$ today. I just lost one to 46$ but the mark has been broken anyway.
Hoping I continue making progress. The first 3 days Ive felt I learn more and more by hand. This day was kinda playing my game and luck will decide the rest. Hopefully Ill learn more tomorrow.
PS: K9 suited is my favorite hand and never lets me down.
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