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Operation 50k SNG Turbo

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  1. #1

    Default Operation 50k SNG Turbo

    I decided to post here on to keep myself on track while I aim to make $50K in one year playing 5 man turbo SNG’s. It sounds ambitious but I think it can be done if I remain foccussed enough.

    I have been playing online poker on various sites for about 2.5 years playing a mixture of ring and tourney's. I was a 2bb/100 winner over about 85k hands playing 6 max limit but recently I just can't seem to maintain that winrate probably due to boredom or maybe the level of play has increased. I have played heaps of mtt's however my biggest cash is only $1,800 on Euro bet and also one for a similar amount on Paradise a few years ago. I suck at NL ring games to the point where I blew most of my limit winnings on it, maybe one day I will go back but it just doesn't interest me at the moment.

    I have always enjoyed playing SNG’s so I decided to have a go at playing 500 per month and see if I can achieve my goal in a year.

    I deposited $100 at the start of July on PokerLoco on the Ongame network as they offered an ongoing free load bonus that equates to approximately 50% rake back on my tourney fees. I started at the $5 level just to see if I could beat the lowest levels before moving up. I try to keep at least 30 buyins in the bankroll for any particular level I am playing and drop down if I am losing too much. So after the first month my results are:

    $5 level 56 Games 37% ROI $115 Profit
    $10 level 109 Games 6% ROI $ 71 Profit
    $20 level 320 Games 13% ROI $920 Profit
    $30 level 201 Games -1% ROI $ -33 Loss
    $50 level 28 Games 21% ROI $313 Profit

    My Overall Stats Are:

    716 Games Ave Stake $21 10% ROI $1,387 Profit

    During the month I also cleared $700 worth of freeload bonuses bringing my bankroll on the site to $2,187.

    I will now stay at the $50 level unless I have a downswing in which case I will return to the $20 level for a while. My aim is to get to the $100 level as I would clear $2,000 a month just in bonuses at that level. I will not play the 100’s until I have at least 4k in my account though.

    I have based my bankroll targets on achieving a ROI of 8% and to be at the $100 level within two months from now. Not sure if I can sustain a 8% ROI at the $100 level but we will see what happens. I also won't be convinced I am beating any particular level until I have played at least 1500 games at that level.

    I have also been thinking alot about the periods of -ve variance that always occur and are enevitable and how I can combat them, I will discuss more on this next time.

    Thanks for reading
  2. #2
    thank you for this interesting thread. i'm looking forward for your updates.

    can you recommend on game for an sng-beginner? i've just played about 50 $5 9man sngs at stars but i don't like paying rake or fees without working on an bonus or getting rakeback. that's why i thinking of moving to ongame to continue my sng-'career' there.
  3. #3
    Hi Whoosh

    If you are able to play on the Ongame network I would reccomend it purely for the current bonuses as they will add hugely to your profit's. Since I only play two at time I never have much trouble getting games going when I want to play, there always seems to be enough players to go around. If you were 6 tabling it might be a problem though.

    As far as which SNG type to play It depends on what you like to play the most, the non-turbo's theoretically are better for skilled players as you have more time to outplay your opponents however the turbos are better on a profit/hour basis. I've always liked the 5 max turbos as they only take about 20 minutes if you win it so the average game time is probably about 10-15 minutes per tourney which I like.
  4. #4
    Well here is my second update on my progress and it has been a very profitable few days. I have only played 46 SNG’s since my last update. I achieved a totally un-sustainable ROI of 49% at the $50+4 level making a playing profit of $1,225 over 46 games. I’ve had many distractions so far this week as I have a 2 week old baby that deprives me of sleep and together with working a 50 hr week makes it a challenge. I am confident in been able to play 125 in total by the end of the weekend so I can keep my monthly target on track. My overall stats are now:

    Games : 757
    Average Stake :$23
    ROI: 12%
    Profit: $2,448

    My site bankroll now stands at $3,233 with bonuses included.

    This week I have started paying a lot more attention to building my stack early enough to take advantage of the bubble as it is much easier to win heads up if you start with a significant chip advantage (you can survive a few bad beats then!) which in turn makes a huge difference to the ROI as first place pays $175 and second $75 for these tourneys. Previously I think I have been too passive in the middle stages of the tourney’s and would then have get a bit lucky on the bubble as I would have a similar or smaller stack to the other players. I now play a much more aggressive game from the 100 blind level and bully a lot more if I have the chips on the bubble. Sometimes it backfires but generally it seems to be working well. This may seem to be a basic concept for experienced SNG players but it actually takes a while to train yourself to do it if you don’t normally play like that.

    [url=http://img180.imageshack.us/img180/6303/graphtx1.png[/url]

    Given that I experienced a decent whack of positive variance so far this week it got me thinking about how to lessen the impact of the inevitable negative variance when it arrives. My Sharkscope graph shows fairly regular ups and down over the first 700 sng’s with similar intervals between the peaks and troughs. Now people with strong statistical and probability skills will probably laugh at what I’m going to say next however I will discuss it anyway. I’ve completed a science degree so I have exposure to university level statistics and calculus but I would not describe myself as being proficient with statistics, I definitely preferred calculus to stats.

    Now I appreciate the theory of independent trials in probability; that is if you win one hand you are not more or less likely to win the next one however it is fair to say that long runs of both positive and negative “luck” definitely occur in Poker as they do in other games that have an element of chance. The following discussion is probably more philosophical than mathematical but I need to get it off my chest.

    So I thought to myself how much my ROI would increase if I was able to drop down levels when I was clearly getting hit in the face with –ve variance and then jump back up when I believed I was coming out of the bad run. Now clearly it would never be a case of been able to pick the exact top and bottom of each cycle however I think it would decrease my bankroll variance and hopefully improve my ROI if I was at least partially successful at it. So further to this I have a question which may sound stupid but it is this:

    Do people think variance is linked to time or number of hands played?
    For example does the fact that you stop playing for a week mean that the negative variance has passed or do the poker gods only keep track while you’re actually playing hands and you are required to play through it?


    I have noticed over the last few years while playing online that there are times when you just cannot win a coin flip your high pocket pairs get beaten by sets etc, these are obviously the times of –ve variance. If you are a winning player it always passes and then you hit the other end of the variance equation and poker is easy again. This phenomenon is very obvious while playing the shorthanded SNG’s and am getting better at detecting when it is occurring which helps me control tilt and also keeps me playing my A game when things are running really well as you seem invincible sometimes.

    This leads me to another question:

    If you are confident that you are experiencing a bad run of variance or luck whatever you want to call it, do you change the way you play to limit the amount of coin toss situations you take your chances on?

    I had a period of about 200 SNG’s recently while playing at the $30+3 level where I just seemingly could not win a coin toss or even a 60-40, I also lost consistently with two unpaired over cards to the other players two under cards in heads up situations. I recognized at the time that I was running incredibly bad and therefore did not let it get to me too much, in fact when I started to win in these marginal situations again I took a chance and moved up to the $50+4 level with fantastic results as I was then playing into a segment of positive variance. This may have been just a lucky time to change over however I did feel as though statistically I could not keep losing to these the horrific beats I was taking.

    Well I will see how the poker gods treat me for the rest of this week!
  5. #5
    Jack Sawyer's Avatar
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    Congrats on the run and the baby!
    My dream... is to fly... over the rainbow... so high...


    Cogito ergo sum

    VHS is like a book? and a book is like a stack of kindles.
    Hey, I'm in a movie!
    https://www.youtube.com/watch?v=fYdwe3ArFWA
  6. #6
    Hi Jack

    How do I get one of those graphics at the end of your post showing your progress, I would like one of those!

    Stuart
  7. #7
    Jack Sawyer's Avatar
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    Heya Stu

    ilink

    Also, gl with the op. I played a fair bit of sng's, but then I switched back to cash.
    I just couldn't bear endless runs of fruitless finishes, then a few good ones, then endless run again.
    I much prefer to win my money right here, right now. So I took a detour.
    I'd only play big donkaments, and cash games.


    Quote Originally Posted by Golden
    Do people think variance is linked to time or number of hands played?
    For example does the fact that you stop playing for a week mean that the negative variance has passed or do the poker gods only keep track while you’re actually playing hands and you are required to play through it?
    believe yes. Just like sometimes you will run unbelievably good, you will also run unbelievably bad. There has to be balance.

    Quote Originally Posted by Golden
    If you are confident that you are experiencing a bad run of variance or luck whatever you want to call it, do you change the way you play to limit the amount of coin toss situations you take your chances on?
    I become reaaaaly nitty. But that's just me. Some people suggest "play it through", "grit your teeth" etc., but I can't do that. I'll sometimes drop down after only a few losses at any given level, etc.
    And, yes. But this is standard play by my part, but I'm always avoiding coin tosses, except in must-do situations.
    My dream... is to fly... over the rainbow... so high...


    Cogito ergo sum

    VHS is like a book? and a book is like a stack of kindles.
    Hey, I'm in a movie!
    https://www.youtube.com/watch?v=fYdwe3ArFWA
  8. #8
    Jack

    I have tried grinding it out in cash games but as I stated in the first post I could hold my own at Limit but was continually spewing in NL ring to the tune of thousands of bucks. I think maybe I don't have the right state of mind a lot of the time when playing NL cash games. If I play tight aggressive I do well for a while then lose all my winnings with high pocket pairs against a flopped two pair or set where for whatever reason I can't fold it. If I play laggy I have also done well at times but then the bad run hits and you lose at an increased rate as you are playing more hands etc.

    I like the tourneys because they have a start and finish to them which suits me. One day I will probably return to NL ring as I will never feel as though I have got a handle on the game until I can beat the NL cash games.
  9. #9
    Jack Sawyer's Avatar
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    Quote Originally Posted by Golden
    One day I will probably return to NL ring as I will never feel as though I have got a handle on the game until I can beat the NL cash games.
    This is the exact same thing I promised to myself a while back.
    I love SNG's for I've built a pretty healthy roll playing them, exclusively. But I feel its time to leave them behind.

    Have fun playing your SNG's. Its the most important thing.
    Just make sure you never sit to my right on a table
    My dream... is to fly... over the rainbow... so high...


    Cogito ergo sum

    VHS is like a book? and a book is like a stack of kindles.
    Hey, I'm in a movie!
    https://www.youtube.com/watch?v=fYdwe3ArFWA
  10. #10
    dont take this the wrong way but it is going to be near impossible to make 50k 2 tabling. I have made 80k plus the last 2 years playing sngs but i played over 10,000 sngs a year both years. I dont see you playing more that 2-3000 for the year and making 50k in that many sngs would require you to play at LEAST 225s and above and your winrate would have to be almost unheard of. This would be much easier to do 12 tabling say 60s on stars, if your really solid you can make 5k a month pretty much every month if you put in the the time. Gl to ya, should be fun to watch your progress
  11. #11
    Thanks Trikflow for the information.

    As far as SNG's played for the year my goal is 500 per month which makes it 6000 for the year. My goal bankroll also includes 50% rakeback and being able to achieve an 8% ROI at the 100+8 level which is the biggest unknown.

    Rakeback over the year would be $24,000 alone, but you might be right guess I will just see how I go!

    As far as playing more tables I just give up too much edge in the shorthanded ones that I play if playing more than two or three.

    Stuart
  12. #12
    It has now been a week since my first update. I managed to play 121 5 man turbo SNG’s during the week and made a playing profit of $822. My stats for the games played during the week are:

    Games: 121
    Ave Stake: $41
    ROI: 20%
    Profit: $822


    During the first few days of the week I experienced a massive upswing in my bankroll once I started playing the $50+4 tourneys as reported in my previous update. I have had runs like these before but then usually lose much of the profit when the negative variance kicks in and I just keep playing at the same level thinking it will soon pass which normally it doesn’t until I lose at least half of the upswing profits.

    When I started to lose this week, numerous times whilst big favorite I dropped back to the $20 level and then lost five in a row at that level. I felt ok with this though and was thankful that I dropped down levels. You know you are running bad when my AA pre-raised 3xBB is re-raised all in by K10s (I am seeing more and more of this type of play) who gets a river flush on me and then AA pre-raised 3xBB called by 69o (Donk-Tastic) who flops K66, I guess I could have gotten away from this one but I had already put half my stack in with the pre-raise and flop bets as the blinds were 100-200 so of course I go broke. So often you see people re-raise all in with K4 type hands on these flops in these games so I thought my aces were still a good chance to be best. At least these were $20 instead of $50 tourneys! I did have one incredible $50+4 game near the end of the week where I was heads up and had only 20 chips left to the other guys 7,480 and through pure fluke managed to come back and win it! (chip and a chair), I was all in for about 5 hands in a row in the blinds and won each time. But overall I am very pleased with the week as I recognized when I was running bad and did not let it affect my game.

    I also have had computer issues during the week where it would just restart without any warning meaning I either had to jump onto the second computer or wait for it to restart, very frustrating when on the bubble in a turbo tournament, usually means I finished third. I also had a few internet connectivity issues that cost me a few buy-ins as well. I might pay for a separate backup internet connection for those occasions it doesn’t take too many losses per month to pay for it.

    My overall stats since starting this operation in July 07 are:

    Games: 837
    Ave Stake: $24
    ROI: 12%
    Profit: $2,209


    I cleared another $300 freeload bonus during the week bringing my site bankroll to $3,289.

    As well as the 5 man turbo tourneys I play as part of this operation I have also played a few satellites for the Sunday Million on Pokerstars just for fun during the week. I played 15 $11 double shootouts winning three seats and also played an $11 turbo re-buy and won another seat with no re-buys or add-ons which is unusual for me as I generally start with a double stack and then add-on at the break. One of the double shootouts I won a seat in was amusing, we were down to three with two seats paid, I had about 9000 chips other big stack had 5000 and then there was a short stack on less than 1000. The other big stack raised pre-flop and I thought he is not going to call with anything other than AA or KK or maybe AK so I pushed all in with 57o which was silly but if I lost I would still have plenty of chips, to my surprise he called with K10s lol and I bad beat him when a 7 fell on the flop. Although my play was generally poor it was just insane for him (but it was soooted!!!) to call my all in with that hand. I unregistered each time and took the tourney dollars instead of the entry (I can’t play the Sunday Million as it runs on a Monday morning in my time zone so I am generally at work).

    Anyone play these satellites exclusively? I am a bit surprised about how soft they are. The only downfall is the time it takes to play them, 2.5 to 3 hrs seems about the average for the double shootouts. I would imagine a solid player could make significant money multi-tabling them and then using one of the transfer sites to convert the $T to cash.

    Anyway I did play the nightly hundred grand ($150+12) over the weekend using some tourney dollars and finished about 30 places from the money out of about 500 players from memory. I did my usual thing in this tourney and hung in there with a below average stack until I get QQ in the big blind with me having an M of about 7. I re-raise the SB’s raise all in. He calls and turns over K10o and I think ok not bad, I flop a set but unfortunately he rivers a straight on me and I’m out, fairly typical for me in these bigger buy-in tourneys on Pokerstars.

    I definitely need to open up my game more in the middle stages of them so I can survive a bad beat or two in the bubble or later stages. I have also decided for the time being to not play in tourneys with more than 600 players as I just think I am not good enough at building a stack early in these which is what is generally required to go deep and huge amount of luck!. All the MTT’s I have had decent cashes in over the last few years have had less than 600 players in them.

    I have visitors coming this week so hopefully I can still play enough tourneys to meet my target, if not I guess I have an excuse.
  13. #13
    I played Sunday Million satellites almost exclusively for about a couple of months, and I had a lot of success. I was winning 5 to 10 tickets to the Sunday Million every week. Double shootouts are a terrific way to build a bankroll, but once you have one, they're not that great IMO. They take too long, they don't run often enough, and the buy-in is just $12. With a 3K bankroll it's time for you to move up. The $11 turbo rebuys are a much better value, but only if you know what to do in them, which it doesn't sound like you do. If you have questions about satellites PM me.
  14. #14
    Here is the week 3 update. I managed to play 88 5 man turbo SNG’s during the week and made a playing loss of $-478. My stats for the games played during the week are:

    Games: 88
    Ave Stake: $47
    ROI: -9%
    Profit: $-478

    My operation stats starting July 2007 are:

    Games: 925
    Ave Stake: $26
    ROI: 10%
    Profit: $1731

    Bankroll in site is now $2,811 (I’ve got money on other sites but this is my operation bankroll)

    Goal is to have a $50,000 site bankroll by July 2008.

    The week started very slowly as far as games played due to family commitments but these are generally rare and therefore shouldn’t affect my rate of play over the month. As far as the play goes for the turbo sng’s I hit a brick wall this week with them, it was a combination of running bad and not playing very well, I know when I’m not playing my A game as I tend to call too often with second pair type hands where I feel I am likely beat but are too stubborn to fold so there was a lot of that going on during the week, I also go all in on the bubble with small pocket pairs when I have a medium stack, I don’t care what people reckon but I think this is a terrible play unless you have the big stack and you’re up against a small stack. With visitors in the house I guess I got distracted more than usual and I also lost two buyins when my computer decided to turn off without warning. I will go back and play the $20 level for a while until I am playing better and/or are running better.

    I played some double shootouts for the Sunday Million ($530 this week) but didn’t have any success, I just wasn’t focusing on them enough, got heads up on the first table each time and then just got impatient and threw them away. I also had a go at some $30 satellites for a $1,050 entry into another satellite for the EPT London tourney but once again won the first table then went out first or second on the next, very annoying!.

    Probably one of my biggest problems is playing deep stack heads up poker when the blinds are still small as I tend to want to make things happen when really I just need to sit back and play ABC poker until the blinds increase. One thing I’ve also noticed with my play is that I am very easily distracted in that if there is someone talking to me whilst playing in the middle to late stages of a shorthanded tournament I struggle to concentrate on it.
  15. #15
    Here is the 4th update. I only managed to play 79 5 man turbo SNG’s during the week but did run insanely good to make a playing profit of $1,899. My stats for the games played during the week are:

    Games: 79
    Ave Stake: $40
    ROI: 60%
    Profit: $1,899


    My operation stats since starting in July 2007 are:
    Games: 1005
    Ave Stake: $27
    ROI: 13%
    Profit: $3,630


    I cleared another $300 freeload bonus during the week bringing my bankroll to $5,006.

    My goal is to have a $50,000 bankroll by July 2008. So I am 10% complete!

    Once again the week started slowly as far as games played and I was treading water regarding profits, this all changed on Friday and Saturday where I won approximately $2,000 over 40 tourneys which is probably the best run I have ever had playing these. At times like these you just can’t do anything wrong like get it all in with AJ on the bubble and opponent flips over AQ and you spike a jack, JJ vs KK and spike a jack etc. It is very easy to get complacent when you run good like that, for a while there it felt like my computer was dispensing $100 bills every 15 to 20 minutes!. I had a run of eight consecutive cashes during this run which is a record for me. I have played enough of these though to know it doesn’t last and I will get whacked by negative variance soon enough. The key is to drop down levels when you are running bad, so far I believe doing this has added a few percent to my ROI over the 1004 I have played since July, although you are never going to be able to pick the exact timing. The more mathematical and statistical inclined people will laugh at this theory.

    I am now bankrolled for playing the $100+8’s and will hopefully settle into playing primarily these this coming week. I have also started working on clearing a $750 freeload bonus that should hopefully only take a few weeks to complete if I play the $100+8’s mainly, should take about 190 tourney’s to clear that one.

    Nothing much more to add except that so far I’m not getting bored of playing these types of SNG’s which I thought I might, I really like the fact that they only go for 25 minutes max and tend to fill up fairly quickly. Another thought I had is that a 13% ROI is probably unsustainable over the very long run and therefore I will more than likely experience some weeks where I lose a fair bit soon. I would expect more in the 6-8% ROI range in the very long term.
  16. #16

    Default Update 5

    Update number five. I didn’t update last week as Sharkscope was having issues recording games from the Ongame network. Anyway I have had two weeks of play and am down a few hundred bucks from my last update so things have been a bit of a struggle. I am still running at a solid ROI though so am not too worried.

    My operation stats since starting in July 2007 are:

    Games: 1197
    Ave Stake: 33
    ROI: 12%
    Profit: $3,404

    My goal is to have a $50,000 bankroll by July 2008. With bonuses included I have $4,750 so I am 9.5% complete! (I better get a move on though!)

    I don’t know if I talk myself into losing sometimes but after my previous hot run I felt like I had to have a few losing sessions. So I lost about $900 in a few sessions and also made the mistake of playing a couple of $200+15 tourney’s which I should not have done during a downswing. Why is it that when you play outside of your bankroll (comfort zone) you lose allins with AA vs KK just amazing. I dropped back to playing mainly the $50+4’s and ground back up most of my loss to where I am nearly back to my all time high in the account. I knew I was having a bad run as I lost three games in the space of an hour where I was a 20 to 1 favorite with one card to come. When running bad you simply cannot win a coin toss and that’s the difference in these tourneys between cashing and not a lot of the time.

    So even though I have not had the best start playing the $100+8’s I really feel as though the skill level is not significantly higher than the $50+4’s on the Ongame network. I see many of the same players at both levels and when you Sharkscope players that I haven’t seen before many of them are big long term losers. One thing that truly amazes me in these tourney’s is people constantly re-raise all in with very weak holdings after I have pre-raised. Now sometimes this play does pay off for them as I will be forced to fold but generally I would be raising with fairly strong hands and call. The most common play I see is that I raise pre flop with AQ or AJ type hands in the middle to late stages of the tourney and then get re-raised by Ax where x is a crap card between 2 and 6!, I can maybe understand the move if they are short stacked but often they have plenty of chips left. Ah it’s good to play against muppets like that! The only issue is when you are running bad and the board hit’s their crappy kicker card and you want to put your fist through something.

    Well hopefully I can continue to come out of this downswing soon and permanently move to the $100+8 games.
  17. #17

    Default Satellites

    I forgot to mention in my last post that I also played some satellites to the WCOOP $530 NL event and managed to win two seats in four attempts so I added $1K to my Pokerstars tourney dollars account, I definitely feel another operation coming after this current one is complete where I would play heaps of these types of satellites. The only problem with them is that they take 2-3 hours to play but when you win a seat it definitely makes it worthwhile. The two I won this week were a $13 double shootout (turbo) and a $58 freezeout that paid 12 seats. I then entered a $33 turbo re-buy to qualify for a $1,050 tourney (can’t remember which one) but ended up losing 4 buy-ins and decided to quit. I seem to really suck at the turbo re-buys on stars, so it is something I need to work on in the future.

    The reason I am building up tourney dollars is that I want to win a seat to the 2008 Aussie Millions so hopefully Pokerstars will run satellites to that one this year, if not I will convert the tourney dollars to cash and try to win a seat on another site. Fulltilt has started running satellites to the Aussie millions but they run very infrequently and are not generally at a good time of day for me (I am in Australia). So come on Pokerstars get your act together. There is also a smaller tournament at the Crown Casino in Melbourne that runs in late October think it’s called the Australian Poker championship or something with a $3,000 buy-in main event. I have been trying to win a $6,000 package for this on Kiwi Poker (i-poker network) but haven’t had any luck yet.

    So although my primary focus is the SNG operation I am devoting some time to win entry into a few larger live tournaments as they would be reward for all the grinding I have done online with the SNG’s.
  18. #18
    This sounds like it's going really well for you, I'm more than impressed with your apparent domination of the shorthanded games.

    Good luck with the satellites too, I managed to build a roll a while back with the sunday million sats.
  19. #19
    Thanks Topsoyale

    Don't know if domination is the right word for it though!. The freeload bonuses are making a huge positive impact on my profits with these as it equates to around 50%, just goes to show how unreasonable the rake is in these shorthanded tournaments. What does amaze me is how many players are massive losers at these games over very large sample sizes, I consistently see people with -$5,000 on sharkscope over 1200+ games and wonder why they keep playing these, guess they enjoy the gamble!

    Stu
  20. #20
    Update six. I have played 113 games since my last update and have increased the account by $1,393. I cleared the $750 freeload bonus during the week and have started on clearing a $1000 one.

    Therefore my operation stats since starting in July 2007 are:

    Games: 1,310
    Ave Stake: $34
    ROI: 12%
    Playing Profit: $4,008
    Profit Including Bonuses: $6,143


    My goal is to have a $50,000 bankroll by July 2008 so I am 12.3% complete.

    I decided to stay at the $50+4 level until I cleared the $750 bonus and I also didn’t want to start playing the $100+8’s at the top of a variance upswing for obvious reasons. Looking at my results over the last 1,310 games I am starting to see that zones of negative variance last about 150 games and are then generally followed by short but very good runs which build profits to a higher level each time. I have included my Sharkscope graph below to show what I mean.

    This pattern actually reminds me of when I used to play a lot of blackjack where you would have these long runs of breakeven or losing sessions and then experience massive profits for short periods of time where you would make back all of the losses and more. This was until the casinos started putting the cut card shallower therefore negating much of the counters advantage.

    PS I never really made much out of playing blackjack using counting strategies.

    Anyway back to poker and over the last few weeks I have noticed that shorthanded turbos have been added to the Ongame network between $200 and $500 buy-ins which is good to see. Eventually it would be good to play the $200’s but I would want at least $10K to play these comfortably. I think any higher than the $200’s and you just run into too many good players. I could make a 2-3% ROI at best which looks good profit wise on paper but playing at a lower ROI means the bad runs would last longer and I would probably end up cracking the shits with it and tilting too often. (rakeback would be juicy though!)
  21. #21
    Update seven. I have played 106 games since my last update but have had a losing week. I am currently working on clearing a $1000 freeload bonus.

    Therefore my operation stats since starting in July 2007 are:

    Games: 1,416
    Ave Stake: $35
    ROI: 10%
    Playing Profit: $3,155
    Bankroll Including Bonuses: $5,290


    My goal is to have a $50,000 bankroll by July 2008 so I am 10.6% complete.

    I started the week playing the $20+2 and the $30+3 levels as I have had such a great run lately I was “due” for some bad times, I was right. I played some of these lower buying tourneys and had some of the most incredible beats but was actually smiling at them since I had dropped down levels in anticipation. I know variance should happen randomly without any pattern to it but no matter what I do I cannot keep winning after having a very strong winning run. I also had internet issues again with my wireless internet provider costing me at least $150. I have now bit the bullet and signed up for ADSL through my phone line, stuff the wireless crap it’s just too unreliable for playing online poker.

    I moved back up to playing some $100+8’s in the last few days thinking that my bad run was over. I was wrong, I don’t know why but I am having the worst runs whenever I step up to the $100+8’s. I could understand if I was being outplayed but it is more a case of just one improbable beat after another against players who have massive losses according to Sharkscope. I played against one guy last night who has lost $31,000 only playing 6 max tourneys, how can a sane person do that!!!, I mean you would think that after the first $10,000 you might choose another hobby or at least drop down levels. I know it’s good to have these types of players to play against but it does dent your confidence when you loose to them. Anyway I’ve decided to keep trying the $100+8’s for a while as surely the run of beats has to end sooner or later and I want to be playing at that level when it does turn.
  22. #22
    yeah man sngs can have sick variance at higher stakes. I lost 40bi at the 114s on stars in 2 days over about 100 sngs. Then won 30 bi the next day. funny about the moving down when you run hot, i did that sometimes when i was running really hot, but i think it was a mental thing for the most part.

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