Tuesday, September 27, 2011

More Players, More (Long Term) Profit

What can you do with $1? Well, you can turn in $100!
I played the most profitable games this month, the 90 and 180 players on Pokerstars. With an average buy-in of $1 I made more than $100. I am still chasing the $2.50 top 3 place, hope that will be very soon.
After months of average to poor results, I finally find myself playing the right games.



Friday, September 23, 2011

I Am Back Again

It's nice to post when you are having good results, so I will do just that. September is being my best poker month of the year in terms of profit. I am playing most of the time the 180 man hyperturbo sits. I play occasionally some MTT's. The month is still not over, but I am not measuring my results on a monthly basis for now. By the way, I decided to leave the VIP pursuit for another time and concentrate my energies on getting better at the games.
Here is a nice picture from the month:


Monday, September 12, 2011

Hyper Turbos 1st Place

I have been playing multitable sit and go's this month, not 2 tables, not 5 tables but 10 tables (90 players) and giving a try at the 20 tables tournaments (180 players). I have a very short sample on them too really know if I am beating the games or not, nevertheless I am showing a profit, perhaps better than I was expecting due to the small sample. I have some decent results at the 90 players tournament in Turbo mode (blinds speed), zero profit at the 180 players in turbo mode  but an 1st place at the hyper turbo 180 players, the new $1 SNG with 180 players.

I think this performance is not luck, although it has it's role on this short sample, but has someone use to say, the better I am the lucky I get. I have been working on my end game, studying hand ranges equity when you have less than 20 big blinds. A great Portuguese professional poker player wrote on his blog that a medium pair has a better chance to win against a random hand than a premium hand like Ace-King.

Meanwhile I have so much to learn and study, I have some good material to study about the math that it makes part of the game, concepts like expected value, basic probabilities, hot and cold equity, game theory and many more subjects to sharp my skill at these games.

The 90 players and 180 players tournaments have more variance than the single table tournaments but you get a higher return on your investment with these games. I invested $1 today and made about $48 in profit. Leave here a picture of my 1st place at the tournament, not so much because of the result itself, but because it's my first 180 players 1st place at a higher variance hyper turbo format.
The tournament duration was almost 60 minutes, they are fast!
But remember, we shouldn't be results oriented, the most important are the +EV (Expected Value) long term decisions that we make at the tables.