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A different kind of month: merge, coaching, AUTHOR

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Daut    United States. Apr 26 2012 19:59. Posts 8842
Pre-black friday my monthly poker routine would be to play something like 60 hours of cash and 25 hours of sunday tournaments in a month. I was never a huge grinder, but I was pretty consistent about putting in decent volume for the 5 years I had been a professional poker player. I never put in a shitload of volume, but I never really burned out and felt like retiring. I would spend a few hours doing staking stuff here and there, but I would rarely put in more than 90-100 hours into poker each month.

Post black friday has been different for me. I have a girlfriend and a dog living in california, so permanent relocation wasnt an option for me. But neither was sitting on my ass doing nothing. I rented a place in canada for 6 months and bounced back and forth spending roughly 12 days a month in canada. While I was up there I felt forced to play more hours per day to make up for having a smaller window of time to play. Then when I would return to the USA I would take it easy and not grind.

April was the first month since july that I spent 0 time outside the country. As a backer, I always try to put in extra volume in the months leading up to black friday so I can make more money before the most expensive time of the year. I felt the need to put in my hours somehow, but I have no desire to play live poker. I turned back to HEROPOKER.

i deposited about 1k on hero a year ago and fully expected to be able to run it up to infinite like I was nanonoko. It didn't work out like that. Building from a small roll was a lot harder than I expected. The merge games have lots of regulars that arent bad, the mid-higher stakes games arent great and dont run, and my shots worked out horribly. Coming into this month I had just under 7k on the site that I had built up from the original 1k, but had no way to cash it out.

I went through the process of filling out all the annoying forms so I could cash out to moneybookers and cashed out 3k leaving myself just under 4k there to start april. I put in about 70 hours of grinding and have built it up to about 7600 at all 50 and 100plo.



With my 35% rakeback and side bonuses this worked out to +3600 for a whopping 50 bucks an hour. Even though its a small hourly, i'm proud I was able to obtain that playing such low stakes on a non pokerstars network. I also spent a lot more time battling than I do on stars. Since there are so many tables that run on stars, I usually just pick the 4-8 best ones and grind those for a huge winrate. I decided to use merge as more of an experiment and try to battle regs and improve my mass multitabling. I spent a lot of time 12 tabling in tougher lineups and feel like my PLO game is getting much better and look forward to hopefully starting to move back up in limits on stars when I go to vancouver for scoop.


In addition to merge, I did 6 hours of PLO coaching, made 9 MTT videos for cardrunners and have written about 90% (about 80 pages) of an e-book on backing. I sent it to a few tournament players to find out what they think about it and see if I left anything out, but I am hoping to release it sometime in may before the WSOP starts. I don't expect to make a ton on the book, but if I can even make 5 figures out of it ill be happy.

In terms of poker grinding, I didnt put in more hours than I usually do. But combined with my videos, coaching and writing I dont think I have ever worked harder in a single month. The month still has 5 days left and I've probably put in about 125 hours of work and probably made about 20k in equity with everything added together.

gonna add in a quick poll. how much do you guys think I should charge for the e-book? keep in mind the following: there has been NOTHING written about backing in the poker world and a good amount of people would be interested/learn from it as it covers things like buying/selling pieces extensively as well as all other parts of backing and being backed such as makeup deals, finding horses, finding backers, setting up a deal, problems that can occur and contracts.



Poll: How much should Daut charge?
(Vote): $10: everyone can afford!
(Vote): $25: cheap but you will still make money
(Vote): $50: value bet everyone!
(Vote): $100: value bet bigger and get called half as often!
(Vote): $200: expensive but comparable to other in depth books
(Vote): $500+: if people really want this info they'll pay for it


0 votes
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NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut 

Target-x17   Canada. Apr 26 2012 20:21. Posts 1027

You admitted your hourly now you will be low balle
oh its for the book not coaching 1 million dollars. Actually Id pay 50 and im cheap as fawk

f u bw rockLast edit: 26/04/2012 20:26

player999   Brasil. Apr 26 2012 20:35. Posts 7965

lol @ pool, ppl will be biased

$50 is ok, $100 is prob expensive but still fair

Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol 

Daut    United States. Apr 26 2012 20:42. Posts 8842

i thought poll would be ok here given that most are cash game players and not too many guys who specialize in tourneys or want to be backed.

NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut 

Stim_Abuser   United States. Apr 26 2012 20:59. Posts 7499

Probably need to know your backing results to give a legit answer to the poll.

Your credentials in poker are obviously known to most here, but playing poker and backing seem like two vastly different things.

Results have been a pretty big deal lately in terms of the poker community getting behind coaches/books etc.

Hey Im slinging mad volume and fat stackin benjies I dont got time for spellin n shit - skinny peteLast edit: 26/04/2012 21:02

Stim_Abuser   United States. Apr 26 2012 21:04. Posts 7499

Obv the better the results the higher you can charge.

That aside I'd go for something in the $100-200 range.

Most people looking for information on backing generally have enough money to where the difference between $50 and $150 isn't that big of a deal if they think its a profitable buy. And inversely most people who don't want to pay more than $25 or $50 aren't likely to be interested in backing in the first place.

Base price $150, then adjust depending on how good your backing results are.

Hey Im slinging mad volume and fat stackin benjies I dont got time for spellin n shit - skinny peteLast edit: 26/04/2012 21:07

player999   Brasil. Apr 26 2012 21:04. Posts 7965

backing results: he backed longple

.

Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol 

Daut    United States. Apr 26 2012 22:05. Posts 8842

well, in 5 years of doing this ive backed 15-20 different guys for live mtts, online mtts, live cash, and online cash. ive backed 3 wsop bracelet winners, an ept winner, and have had a total of 9 500k+ scores under me backing. but im not up very much overall due to being a fish for a few years and making mistakes along the way. id rather have someone like me write a book than someone who just got into it and ran hot as hell with players and won a shitload. ive experienced it all

NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, DautLast edit: 26/04/2012 22:06

Funktion   Australia. Apr 26 2012 23:24. Posts 1638

Backers by their role will have more money hence may be willing to support a higher price. Initial adopters are usually willing to pay higher prices, after the early bird phase you could reduce the price to broaden the market. As you know the potential market the best I would just run a few price x volume numbers ie/ how much do you expect to sell at what prices (selling 5 books at $500 a pop obviously makes you more than selling 20 books at $100).

Also with backing I would of thought results wouldn't be as important as the in and outs of the processes involved?

Either way if it gets popular it will be out on torrent soon enough


RaiNKhAN    United States. Apr 27 2012 01:07. Posts 4080

I would base what I charge upon what you think the exact target market is. What you have to keep in mind is that the people who stake are generally very loose with money since most people who stake do so with not enough information but more of a hunch attitude. I think anywhere from $50 to $100 would be efficient. I also think charging too little might come off looking like a weak product

The biggest Rockets, Sixers, and Grizzlies fan you will ever meet! 

AndrewSong    United States. Apr 27 2012 01:17. Posts 2339

oops clicked $25 by accident instead of $50. I'd buy it even for $200 but i would guess that you'd make far more selling it for $50.

what kind of dog do u have btw?


AndrewSong    United States. Apr 27 2012 01:18. Posts 2339


  On April 27 2012 00:07 RaiNKhAN wrote: I also think charging too little might come off looking like a weak product



this**


2c0ntent   Egypt. Apr 27 2012 01:36. Posts 1387

-

+-Last edit: 29/09/2013 08:39

the cleaner   Cape Verde. Apr 27 2012 02:47. Posts 3012

Value bet bigger and get called half as often imo.

Before you criticize a man, walk a mile in his shoes. That way, when you do criticize him, you will be a mile away and have his shoes. 

BILAT_POWER!!!   Philippines. Apr 27 2012 06:17. Posts 1525


  On April 26 2012 18:59 Daut wrote:
Pre-black friday my monthly poker routine would be to play something like 60 hours of cash and 25 hours of sunday tournaments in a month. I was never a huge grinder, but I was pretty consistent about putting in decent volume for the 5 years I had been a professional poker player. I never put in a shitload of volume, but I never really burned out and felt like retiring. I would spend a few hours doing staking stuff here and there, but I would rarely put in more than 90-100 hours into poker each month.

Post black friday has been different for me. I have a girlfriend and a dog living in california, so permanent relocation wasnt an option for me. But neither was sitting on my ass doing nothing. I rented a place in canada for 6 months and bounced back and forth spending roughly 12 days a month in canada. While I was up there I felt forced to play more hours per day to make up for having a smaller window of time to play. Then when I would return to the USA I would take it easy and not grind.

April was the first month since july that I spent 0 time outside the country. As a backer, I always try to put in extra volume in the months leading up to black friday so I can make more money before the most expensive time of the year. I felt the need to put in my hours somehow, but I have no desire to play live poker. I turned back to HEROPOKER.

i deposited about 1k on hero a year ago and fully expected to be able to run it up to infinite like I was nanonoko. It didn't work out like that. Building from a small roll was a lot harder than I expected. The merge games have lots of regulars that arent bad, the mid-higher stakes games arent great and dont run, and my shots worked out horribly. Coming into this month I had just under 7k on the site that I had built up from the original 1k, but had no way to cash it out.

I went through the process of filling out all the annoying forms so I could cash out to moneybookers and cashed out 3k leaving myself just under 4k there to start april. I put in about 70 hours of grinding and have built it up to about 7600 at all 50 and 100plo.



With my 35% rakeback and side bonuses this worked out to +3600 for a whopping 50 bucks an hour. Even though its a small hourly, i'm proud I was able to obtain that playing such low stakes on a non pokerstars network. I also spent a lot more time battling than I do on stars. Since there are so many tables that run on stars, I usually just pick the 4-8 best ones and grind those for a huge winrate. I decided to use merge as more of an experiment and try to battle regs and improve my mass multitabling. I spent a lot of time 12 tabling in tougher lineups and feel like my PLO game is getting much better and look forward to hopefully starting to move back up in limits on stars when I go to vancouver for scoop.


In addition to merge, I did 6 hours of PLO coaching, made 9 MTT videos for cardrunners and have written about 90% (about 80 pages) of an e-book on backing. I sent it to a few tournament players to find out what they think about it and see if I left anything out, but I am hoping to release it sometime in may before the WSOP starts. I don't expect to make a ton on the book, but if I can even make 5 figures out of it ill be happy.

In terms of poker grinding, I didnt put in more hours than I usually do. But combined with my videos, coaching and writing I dont think I have ever worked harder in a single month. The month still has 5 days left and I've probably put in about 125 hours of work and probably made about 20k in equity with everything added together.

gonna add in a quick poll. how much do you guys think I should charge for the e-book? keep in mind the following: there has been NOTHING written about backing in the poker world and a good amount of people would be interested/learn from it as it covers things like buying/selling pieces extensively as well as all other parts of backing and being backed such as makeup deals, finding horses, finding backers, setting up a deal, problems that can occur and contracts.



Poll: How much should Daut charge?
(Vote): $10: everyone can afford!
(Vote): $25: cheap but you will still make money
(Vote): $50: value bet everyone!
(Vote): $100: value bet bigger and get called half as often!
(Vote): $200: expensive but comparable to other in depth books
(Vote): $500+: if people really want this info they'll pay for it



I see what you did there.


Mariuslol   Norway. Apr 27 2012 06:22. Posts 4741

Got a sick idea for the cover!!

Imagine this

"Daut standing in a stoic pose, you can only make out his silhouette. On the ground in front of him we see longple, who has fallen.... Daut is fatherly reaching out his hand, you can see a glimmer of hope in longple's eyes, as he's about to reach out his own hand, to meet with Daut's."


Oh man, that'd be so good lol.

As for the money, wait and see what kind of response you get from the people you sent the book to. My gut said 50 dollar, since I'm not a baller or rich, I would probably snuff and ignore books that are more expensive, but then again, if I was a bit of a baller, I'd probably pay more lol.




longple    Sweden. Apr 27 2012 06:34. Posts 4455

if its backing kind of book, backing kind of people are the ones who is gonna buy it, and mostly backingppl have backingmoney
.. mostly + Show Spoiler +



so if they are interested, and knows ur name, they probably wont care about 25$ or 50$ OR 69$ish there around, imo

the ppl who is gonna read it will already have big rolls, and if they are somewhat interested 25$ / 50$ or 69$ is gonna be the same "oh ok ill buy it" for most ppl who are semi interested

but i dont buy milk with $ so maybe there is a big difference.


longple    Sweden. Apr 27 2012 06:40. Posts 4455

and now i feel stupid saying basically the same thing as some ppl did already =)

but targetting the seminterested ones i think 50-100$ range is best, might get some semispewbuys from ppl with money who maybe buy somes % here and there sometimes and comes over ur book, but those ppl wont buy for 200$ unless they are like me and think $ = playmoney compared to what i feel about € / SEK

edit: im not the kind of person to give advice on this so i dont know why im here posting, but my logic was just instantly thinking, ppl who are gonna be interested in this are gonna be ones with money so if ur gonna go for something cheap, i think 25$ is to low, and 50$ and 69$ is gonna be the same, i think almost all the people that is gonna buy it for 50 will buy for anyways if its alil more expensive, and 25$ 50$ had the most votes and i thought that felt stupid, and saw instant squeezeoutvalue in 50$ voteoption, and since 25$ was ur cheapest voteoption, i dont think 25$ will induce tooooo many spazzbuys if there is interest, 25$ is to low!

 Last edit: 27/04/2012 07:17

intown   Belgium. Apr 27 2012 07:16. Posts 121

make it cheap to kill piracy ideas. do what louis ck did


Mariuslol   Norway. Apr 27 2012 08:37. Posts 4741

Surprise everyone, and pay $5 to everyone who wants to read it.


 
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