Saturday, January 13, 2007

Review and 2007

The last post seemed to get the comments going, I'll have to be a miserable sod more often. Suppose it's time to peek out of the corner of one eye and look back at 2006 and then stare 2007 head long in the face and see what's next.

I'd say 2006 on balance was just about a success. I fell a little short of my set cash target of but still managed to exceed the basic criteria that I set out when I started playing for a living. That is, I covered the short fall in salary comfortably and managed enough on top to cover the new extension on the house. As anyone will know who's read my musings over the past 12months, things came very close to going tits up in March/April and but for a twist of fate I'd have ended back in full time employment. A month off and a new addition to the family proved to be the break from poker that was required. I cashed virtually everything out of the bankroll and started again.... with a bang! Almost immediately a 7k WSOP package won and converted to cash saw the much needed liquidity restored to the bank roll and from there it was onward and upwards, a 12K CPC seat, and two 8k BFAPT seats plus no losing cash months since May and everything was back on track, business as usual and hopefully a lesson or two learned. I was very pleased with 1st of all picking up the satellite seats and secondly my performance in each of the live events I played. It's amazing what you can do when your back is against the wall.

And so to 2007! Seeing as though I managed to miss my target of £50k I guess I may have to have another stab at it. Although I've managed to donk off 4k in the first week in Jan it would seem that I'm already giving myself an uphill battle. On the live front I'd be amazed if I manage to win as many sats in 2007 as I did in 2006..... I'm setting the sights on a WSOP seat a EPT seat and at least one other live major events either won or qualified via promos. I've got orders from the Mrs to make sure that at least one covers a week somewhere exotic for two people, she quite likes the idea of not having to pay for a holiday again.

I'm determined to keep the blog going. I'll be keeping an eye on the developments regards to rake caps etc (the crypto cap did not materialise on Jan 1st as many people had forecast but still may happen), I'll also be looking hard at trying to improve the edge further.....Finding the best deals, the best promos and searching out the value.

All the best for 2007....unless you are playing me!

Jim

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