19 June, 2007

June - Time for a break from poker

During June I’ve focussed on the cash games at the $100 buy-in level. I started 6 tabling a bit which is a step up from the usual 4 tabling, and it felt a bit weird having $600+ in front of me on the cash tables, especially after starting this challenge with $10. Hopefully I'll be saying the same about $6k in a few years.

Despite the number of tables I felt in control and could probably handle 6 tabling in the long-term. The reason I stepped up to 6 in the first place is that I went card-dead (even 4 tabling) and was playing some marginal cards as I was starting to get a bored. 6 tabling tightened me up a bit and I started to like it.

After about 6k hands I looked in good shape, was sat on about $700 profit, and was looking to crack the $1k profit within 10k hands. A poor run of cards, including poor play by myself has wiped out about half of that profit, so I’m now sat on about $350. Through 8k hands I’m beating the level for about 4BB, my hourly earn over those hands has been about $10, way below what I achieved at the $50 buy-in level but I proabably ran good at teh $50 level (even though it didn't seem that way).

From my 8k hand experiece there is a marked improvement in quality at the $100 buy-in level with not as many muppets donking their cash off. It also seems to be more swingy and most of the regulars are winning players. Mid-week I can sit down at a table and everyone is a winner in my PT database; I need to either avoid these tables or adapt my game to drive out extra profitability.

It is still easily beatable, but it is probably a level where I will need to look at my game, make a few tweaks to drive out those extra BB/100, rely more on table selection, position versus the maniacs, and player notes. I’ve a few ideas on some obvious short-term wins, more aggression and a greater willingness to gamble, but as I’m not in the zone with poker at the moment I am going to take a break and come back to it in July. I'm sure both of those changes will also lead to greater swings in my bankroll and with only 10 buy-ins at this level I may end up having to drop down.

I've already started to think that even when I beat this level I may step down to the $50s. Really want to avoid this as I don't care about the money, it is all about getting my game up to being able to beat the higher levels; it does feel better though when you are beating the level at a good rate.

Profit wise I'm a bit behind schedule on my monthly profit target of $500/month but I should be able to get back on track through the rest of the year.

FBF

My $100 buy-in Manhatten :-
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$100 stats through first 8k hands :-
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