Monday, March 7, 2011

Reset

So after a little 4 buy in downswing at 50nl, i talked it over with my backer and we both said ok lets pull the profits off the table and start over. I got to pay off a debt i wanted to take care of he got to basically freeroll this stake as we each got about $850.

I've mostly moved back down to 25nl but took a little shot at 50nl that worked out. Since the reset ive put in about 10k hands (in 2 weeks so im really sucking with volume) but the stake is back up about 350 or 400, i cant remember where i ended today.

Per the norm im debating with myself what the best course of action is. I dont mind playing staked like i thought i would. I mean overall the stake has gone pretty smooth with very few setbacks. But i would like to get out playing on my own again. Its great that when i do it will be a total freeroll for me as i started off with 0 deposited of my own money. It is important to me that i dont go broke because i want the rest of my poker days to be a freeroll and to never redeposit again. To do this i will need to do 2 main things; 1) be a bankroll nit. I dont think i need to nit it up to the point i did when i was playing exclusively for my income but close. Id say maintaining 20+ buy ins for my level and not moving up until i have 40 for the next level is pretty conservative. 2) not be scared to move back down if my shots at higher levels dont go well.

So with that said im not sure what i want my breaking off the stake goal to be. Ive thought about 500 being the point. Thats 20 buy ins and buy that point ill have won at 25nl enough to know the risk associated with it. I think i can beat 25nl at a rate that makes the standard deviation well within the 20 buy in bankroll. But i know i wont move down to 10nl so id really prefer a 1k roll. Most likely if things go par for the course i will detach at the end of april and whatever i have over 500 will be good enough. If im still below 500, then obviously ill continue the stake if thats cool with the backer obviously.

All said 25nl is really a pretty easy level to beat and while im playing im thinking things like "meh id be cool beating this for 5-7k/year" but obviously once im on my own and stacking money ill be wanting to move up i mean afterall ive done pretty well at 50nl too. So then i think the same thing about 50nl "hey a little more variance but i can beat it at a good rate and just stick to 50nl which should be good for 7 - 10k / year." Except i know better. We are all gamblers, we all want to push our edge to the limit and i will too, after 50 ill have the same thought process for 100nl and after that 200nl....it wont stop until i dont have an edge in the games.

For now though thats all pretty far off and i have to stay focused on getting to another 1k+ in profit. And who knows maybe ill just up the stake.

You know what i was going to write about mtt's for a minute but f it, i just lost all motivation so you dont even get a thread saving asian pic

Bahahahhahahahahhahah

Ahhhhhsht

No comments:

Post a Comment