21 January, 2007

Moving on up

Well I didn't manage to step up last weekend on Laddies as I would have hoped. Went card dead and you can't mug a mug on the $20 buy-in tables on Laddies. Been away for the week with the family but a few good sessions last night took me above the $500 barrier.

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So I am now going to step up to 4 tabling the $50 buy-in tables and whilst I expect the opposition to be tougher I think that with the right seat selection there are still enough gamblers passing through to feed the regulars.

What I have noticed from datamining is there are not too many full ring tables going once I get above this level. If I do get to making the $2k I may need to call it a day and start all over again on the 6max tables, as there are always lots of 6max tables going.

As you can see in the PT charts below it took almost 8,000 hands to get there from my $10 starting point and at 15BB/100 I certainly run good. The trend is also pretty good in the chart, no big downswings yet.

The table of all people with at least 2,500 hands also puts me at the top of the pile in terms of BB/100 and I don't think I am that good. Maybe I ran good? I just don't know and 8k hands is such a small sample anyway.

What is most surprising about this table is that there is only 1 losing player over 2,500 hands. There is so much volume of losing players at the small buy-in on Laddies that it is very difficult for a half decent player to lose in the long-run.

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Whilst I haven't got in 5k hands this month I think the chances are that I will leave the cash games and get some SNGs in for the rest of the month. Not sure how this will affect my game by taking a break and then coming straight back into the $50 buy-ins?

I Would love to be stepping up to the $20 SNGs by Feb but this is unlikely to happen given my current ROI (about 17%). I'm moving my PokerRoom roll over to Parbet as PR have been treating players very poor recently. Parbet also have a 200MPP freeroll coming up that could have lots of value. I need to get 67 SNGs in there by the 2nd Feb.

FBF

12 January, 2007

Laddies Cash Games

So I've been progressing quite well with my Laddies cash game challenge this month and my overall bankroll, including profit from December, is $425. The majority coming from the $20 buy-in tables.

In January I've played just over 2,000 hands so far and have started to play on the $30 buy-in tables when available. I'm up $220 in Jan and running at 25BB/100. Overall very happy with the results and I think this kind of win rate is sustainable in the long-run with the right table selection. As I'm 4 tabling I think my long-term rate will be somewhat lower.

I must be running good though as there is nobody in my DB with more than 2k hands that is running better in terms of BB/100. A couple of contenders with 1k+ but I'm definitely doing ok.

It is clear that the 20s are easy to beat and with enough hours in the day you could grind out an easy income at this level. It amazes that there is enough volume of fish to feed the regulars. When you start to look at the stats of players with at least 3k hands then nearly all are winners. Well somebody has got to be losing, but those that are do not play many hands.

Hopefully by the end of the weekend I'll be up to $500 and ready to start on the $50 tables. Not running so good on the MTTs and SNGs.