Wednesday, September 20, 2006

Who needs to pay for a family holiday?

Well after the ear chewing I got from a few people at the Betfair forum game (hi to those who I met by the way) and a few comments on the blog I figured it was about time to update and try to keep regular updates coming, I'll try for 2-3 a month. If truth be known I've just been so bloody busy recently, playing poker for a living is all well and good until living gets in the way of playing poker. The baby makes it tough to get a 'decent session' in ... of poker that is! We've been away on holiday and we are currently in the process of moving house. All this puts the squeeze on the number of hands I can play in a month. From running at 30,000-40,000 hands a month I'm lucky if I can hit 15000 at the moment.

Things have been running ok. At the end of July I accidentally entered a sat for the CPC in St Kitts on Hills, I could have sworn it was an added package, but it turned out to be 1 package guaranteed. 40 players in there meant that there was little or no value what so ever... but that does not really matter if you win it does it? So come November its off to St Kitts with all the family tagging along for the ride. This also has the plus side of not having to pay out for a family hols that we were due, I asked Shell if I could add the 5K saved from the savings to my bank roll... needless to say, it's not going to happen ;)

Almost 100% of my play now is on the Betfair account, I put together a team for the BFAPT Team Rake promo and 'Team Singapore Schlong' (dont ask!) is currently winning by the narrowest of margins. Basically for every 19k we rake we get one $8k seat and travel to Singapore. 10k gets a travel package only and there's a 5k bonus for the team who rakes the most. At the moment it looks like we will hit the £100k rake mark (omg, thats a lot of rake!!) by the time the promo ends on Oct 21st. I'm currently a touch behind the curve in my rake target but one or two people who joined have donated their rake to me (they don't want to go and owed me one) so their rake should get me a package all being well.

The bank roll is recovering to a healthy state slowly but surely I'd still flag it as 'AMBER' but it's just about at a level where I can 3 table £2/5 NL again, but I still need to keep and eye on things. While the cash so far this year has not been the best (it's still +ive but those two shocking months put a big hole in my annual profit) I've been really pleased with the target to attend some big events, Tallin, Vegas (ok I cashed the ticket!) , St Kitts and maybe Singapore is a pretty decent return considering you can count the satalittes I've entered on two hands. Think the long/mid term plan is to stay working part time, keep the cash ticking over and look to hit a little luck in one of these big events and go deep. It may take 3 months or 10 years but as long as I can get into a few a year at no or little cost to the bank roll then I'm free rolling for an achievable (well i think so!) and significant payout.... as with most things poker, a little patience goes a long way.

Good Luck and take care..

Jim

4 comments:

Highstack said...

:O:O:O:O:O:O:O

******* UPDATE *******

:-)

Anonymous said...

hi jim

glad to see you posting again. just interested - how many tables & hours did it take you to play 30k+ hands a month? i think i might go a bit mad and also get dumped by my bird if i tried it!

bampot

Highstack said...

bampot; If we assume that he plays for 25 days in a month that works out at 1200 hands per day. He 3 tables and so 400 hands per table.

If you look at the average hands per hour at those games I imagine around 50 per hour so to achieve 30k its 8 hours per day.

Wonky said...

I actually spoke to Bam at the table on this one... Rob actual hands per hour on 6 seater cash is nearer 80-90 hands per hour.. it's speeded up a lot since they made the changes a few months ago.

So 3 tables...240 hands an hour...125 hours a month...bout 30 hours a week for 30000 hands a month, this gives about 6k gross rake on £2/5 NL btw.