12.30.2006

Extra money and some SNGs.

Turned in some Bodog points for money today and bumped the bankroll up $30 so that is some good news.

I've also been playing some SNGs on Bodog lately. When I first started played online poker, all I played was SNGs and I did fairly well in them and built up a good roll, but then once I found the cash games I switched to those. I've played some SNgs along the way, but I have played a lot today and done well in them. These are 'beginner' SNGs, where the buy-in is $4+.40 and they payout the top five places ($12, 10, 8, 6, 4). I've cashed in the majority of them and it is a good way to build money. Although the building is slow, I can pad some extra money to my bankroll this way and then play some regular SNGs. Just like the turtoise right? Slowly but surely.

Session:
SNGs: 26
Paid: 114.4
Payouts: 142
ROI: 24%
Net: +27.6

Overall:
Cash game hours: 36.47
Net: -10.26
Hourly
Rate: -0.28 per hour

Tournament hours: 3.9
Net: -4.00
Hourly
Rate: -0.98 per hour

SNGs: 26
Paid: 114.4
Payouts: 142
ROI: 24%
Net: +27.6


Bonuses: 30

BANKROLL BALANCE: $298.38

In the holiday spirit.

I'm going to combine a few sessions I've had over the past few days as I'm pretty busy with all the holiday business going on. I played some more small NL cash games online and I'm pretty sure the bad run is ending. Fitting that it ends right around Christmas time... thanks Santa.

There's one key hand I'll talk about from the past few sessions. I had KK in the BB, UTG player limps and so does a MP player. It then folds around to be and I bump it up. Both players call. The flop comes Q 7 2 rainbow, a flop I like very much. I check in hopes the other two players hit the queen. I know the MP player is aggressive once the flop comes, and with his position, he will bet if checked to him more often than not. It checks to him and he does bet about half the pot and I then raised three or four times what he bet. The other player folds and the bettor calls. The turn is a K and I come out betting. He min-raises me and I then move all-in and he calls. He called quickly and I was thinking he had a king, maybe even KQ, but I was wrong and he held AA and I took down a big pot of about $18. I'm not sure as to why people slowplay aces all the time, it just doesn't seem like it works at the smaller limits. Sure, when you are playing good players you have to mix the game up, but I'd rather just player ABC poker and bet your good hands. I do consider myself a good player though and maybe he was mixing it up with me, but you also have to realize that if a good player is going to put his chips in against you, he probably has a good hand. Even if you have aces, you need to think about what happened throughout the hand and sometimes lay them down.

Anyways, I also played one MTT for $1 with 313 entrants and placed 93rd. I was doing well and doubled early and then doubled quickly again, both times getting all-in preflop with AA. My stack was crippled when I held KQ in the cutoff and limped into a 5-way pot. The flop came K J 10 and I got all-in with another player. I made the all-in move and he called me down with K10, so I was in good shape with outs to a higher two pair and an open-ended straight draw. Nothing came and my stack was hurt badly. I hung around for a little while longer and gained a little back before moving in with 66 against an opponent with AJ and lost the race. No big deal. I opt to play tight early until the blinds hit 50/100 and then I loosen up a bit. I usually always make it to the first break and then either bust quickly or go deep. I'd rather bust quickly trying to accumulate chips than to go deep and bubble out or finish just inside the money. I am playing to win these tournaments, not cash in as many as possible.

In summary, I've had winning sessions my past 6 or 7 times playing and it feels good to not be running terrible again.

Session:

Limit: .05/.10 NL
Tables: 2
Time: 10.91 hrs
Outcome: +69.91

Overall:
Cash game hours: 36.47
Net: -10.26
Hourly
Rate: -0.28 per hour

Tournament hours: 3.9
Net: -4.00
Hourly
Rate: -0.98 per hour

BANKROLL BALANCE: $240.78

12.22.2006

Still on that downswing.

Despite the losing session in my first attempt at the limit tables, I was confident going into my next one. I only played for a short while and didn't see too many hands worth playing. I did jam one pot with mid-set, only to lose to a higher set. Set over set is very rare and a hard thing to see coming. Other than that, I just didn't see much and blinds ate away at my stack and whenever I had a decent hand to play, I never hit the flop.

Session:

Limit: .25/.50 Limit
Tables: 2
Time: 1.5 hrs
Outcome: -5.10

Overall:
Cash game hours: 26.56
Net: -80.17
Hourly
Rate: -3.02 per hour

Tournament hours: 2.5
Net: -3.00
Hourly
Rate: -1.20

BANKROLL BALANCE: $171.87

Let's try limit.

So I've been playing the small no-limit tables since I began this challenge and it hasn't seemed to work out at all for me. My bankroll currently sits riht below $200. For limit games, I'd like to have about 25-30 big bets in my bankroll. With just under $200, I have enough to play the $.25/.50 limit cash games. I'm oin to switch it up and ive those a go to see if I can get anything going. With the way this streak has been going, I have to try something new. I've already tried playing loose instead of tight and even playing tighter than normal, but it hasn't worked.

My first session went all right. I'm not impressed at all and it ended up being a losing session financially. These games are very loose, so I opted to play tight and only get into the mix when I felt I had the best of it. So I did that and it seemed like every turn card brought two pair for my opponent or every river gave them their draw, it was quite ridiculous. But this is how the tiny limits are, everyone sees a ton of flops and it's basically a race to the river.

Session:

Limit: .25/.50 Limit
Tables: 3
Time: 4.75 hrs
Outcome: -21.58

Overall:
Cash game hours: 25.16
Net: -75.07
Hourly
Rate: -2.98 per hour

Tournament hours: 2.5
Net: -3.00
Hourly
Rate: -1.20

BANKROLL BALANCE: $176.97

Just can't seem to win.

I've been playing pretty much everyday for a few hours, sorry the updates haven't been daily. I've been somewhat busy with work and all. I'm going to throw a couple of sessions into one just to make things easier. I'm still running the worst I have ever been and I'm not liking it. There's only so much you can do in poker before you just have to then stop and hope the cards hold up. I've been on bad streaks before in the past, but none this long and this bad. I'm sure it will clear up soon and I need to just keep playing the best I can and getting my money in with the best of it.

In my most recent session, I was beat up badly when I flopped a set of deuces only to have my opponent flop two pair with the 52 in his hand. The river was a great 5 and once again, I was ousted from that pot. And on a queen hih board, I lost a decent pot to a player who held KK. I made broadway later in the day holding AK, only to have my opponent turn over J10 when the board showed J 10 10 2 Q, that felt great but I was able to merely call on the end and save myself a big loss. I won a pot when holdin the 45s in the big blind when the flop came 4 5 10. Only problem with this is that even when I flop a good hand I get counterfeited as the turn came a 10 and the river a 5. I still won the pot, but those two cards cost me bets I could have made and possible calls, so even then I just am gettin unlucky. I was able to gain some back when I flopped a set of 10s and then my QQ held up against Q9 when he had a straight draw. A couple of my blind hands paid off also. I had the 78h with a board of 9h 10h 9 and made a flush on the turn to take a good pot.

I then took a very nice pot when I raised from the button with AQ. The small blind called me and the flop came K 10 8, rainbow. He checked and I bet out trying to take it down right there with my position. He called and then turn brought a J. So I made a gut-shot and he came out betting into me. I figured he played either AQ or maybe 109 and caught the low end. I raised and he pushed in and sure enough I called and he showed 109 for the low end. The river was a blank and I took it down.

Towards the end of my session I lost two pots that really hurt again. I had AA in the cutoff and popped it. The flop came 10 8 3 and I bet and then a player reraised all-in. He was a loose player, pushing a lot and I was waiting to catch him and finally this was my chance. He tabled Q8 and the turn brought an 8, ouch. I then popped it a few hands later with KK and lost a big pot on a flop of 9 4 3 when my opponent held 43.

I played in one tourney, but was busted very early when I got it in on a queen high flop with KK to my opponent's AQ, the turn brought an A. So overall the session was a loser, but once this streak breaks I will be fine. I feel like despite the lack of luck, I am not doing as bad as I could be.

Session:

Limit: .05/.10 NL
Tables: 3
Time: 5.66 hrs
Outcome: -15.50

Overall:
Cash game hours: 20.41
Net: -53.49
Hourly
Rate: -2.62 per hour

Tournament hours: 2.5
Net: -3.00
Hourly
Rate: -1.20

BANKROLL BALANCE: $198.55

12.18.2006

Some bonus good news.

So Bodog sent me an email informin me that I can trade in my poker points for cash. 667 points = $10. I have enough for $30 right now but plan on playing a lot more in the next couple weeks in order to get enough points to receive a full $50. So that's some good news. I'm gonna try and kick this losing streak to the curb, we'll see how it goes. Wish me luck.

And it just keeps coming.

Sat down for another little late night session last night and it didn't go too well... again. I didn't see too much of anything before I had a straight with 96, only to have my opponent hold the one hand that beat me, 109 for the nut straight. It cost me about 35% of my stack, but nothing too hurtful that I couldn't come back from. I then popped it from the button with two tens after two players had limped. One of the limpers called and we saw a flop of 259, rainbow. He bet out and I reraised all-in and he called, with JJ. There goes the rest of my stack and I decided to call it quits for the night as I felt myself getting angry and wanted to avoid tilting.

I'm not sure why this player limped in middle position with the jacks and then just called my raise from the button. There's only a few reasons why I think he did what he did:

a) he was slowplaying his jacks
b) he was worried someone might pick up a bigger hand and then just called fearing I had a bigger hand
c) is just a calling station

So, with those options we can analyze what happened, or at least what I think. With option a, he would have reraised me after I popped it up from the button. At least that's what I would assume most players would do when they have the intent of slowplaying. So I can rule out that option. With option b, if he thought I had a bigger hand, he should fold. Especially after he bets on the flop and I move in on him. So the only option left is c. He just limped, called, then bet weakly into the pot and called when I moved in. He could have been the slowplaying the entire time, but with the possility of overcards coming on the flop or even if I outflopped him, that play would be a losing one in the long run. Anyway, I was down for the night... again. How can you win when all your good hands get cracked or you always run into biger hands? Weird.

Session:
Limit: .05/.10 NL
Tables: 3
Time: 1.75 hrs
Outcome: -5.00

Overall:
Cash game hours: 14.75
Net: -38.99
Hourly
Rate: -2.64 per hour

Tournament hours: 2.5
Net: -2.00
Hourly
Rate: -0.80

BANKROLL BALANCE: $214.05

12.16.2006

Building back.

After my first couple of sessions went pretty badly, I am starting to get back on track. Played today for a good amount of time multi-tabling on Bodog and it went quite well.

I was able to win some good pots with AJh flopping the nut flush, 78d flopping top two pair, and my aces held up against both QQ and Q9 all-in preflop. I was off to a good start. I hit another rush and had AA up against A8, my tens up against a 108 on a flop of 8 5 2, and then my aces held again versus AK. I built a nice big stack when I hit a brick wall... and boy did I hit it hard.

I was in the SB with KJ and just called as there were 3 other limpers in the hand and then the BB. The flop came KKQ, giving me trip kings. I led right out betting about half the pot. One player pushed all-in and I called a lost a big pot to his AK. I decided that even if he had a king, my jack kicker would be better. The only hands I feared were AK, KQ, and QQ, all of which I would have assumed a raise preflop. If it was KQ and he didn't raise preflop, why push all-in right then and there with the nuts? Soon thereafter thinking, I called and lost about 25% of my stack, but it was a good chunk. The funny thing is that this player was relatively new to the table and I soon learned that whenever he had a big hand, whether is be preflop or post flop, he simply moved all his chips in. It worked well for him because when he did it no one had a better hand than him. I was able to get away from QQ preflop when he pulled this move later on in the afternoon.

I made a decent comeback with my aces flopping a set and turning a full house against two opponents, one of which saw the river with me. He held 99 and I took down a really nice pot.

For a change of pace, I also played in some multi-table tournaments for $1 each. The first one had 304 entrants and 36 paid out. Starting with 1500 in chips, I built my stack to around 3640 at the first break. About halfway through the next hour I made a good read with pocket sixes on the turn and caught a guy bluffing with KQ on a board of 7 7 5 2. The river brought a big ol' king and I was out. I played in another one a few hours later that had 271 entrants and paid the top 27. I built my stack from 1500 to 5525 at the first break. I was doing very well until my AQ went down to A2 all-in preflop against a short stack of about 2500. And then I lost a few more pots and finally put the rest of my money in on a flush draw with a gutshot, giving me 12 outs. None came and I was busted. I usually do fairly well in these tournaments and have cashed in plenty of them in the past, with four of those cashes being in the top three and one win.

Session:
Limit: .05/.10 NL
Tables: 3
Time: 6.5 hrs
Outcome: +45.91

Overall:
Cash game hours: 13
Net: -33.99
Hourly
Rate: -2.61 per hour

Tournament hours: 2.5
Net: -2.00
Hourly
Rate: -0.80

BANKROLL BALANCE: $219.05

Quick late night session.

Tried to get back some of my losses later in the night with a little session before bed. I ended up not playing for too long and didn't really see any hands. I began asking myself "Is it better to get good hands and have them cracked, or just not see any good hands at all?" I think the latter is true. In poker, especially when playing NL, you don't necessarily need to have cards to win. Betting and bluffing can win a lot of pots. When you get in with the current nuts or best hand at the moment and get cracked, there's really nothing you can do about that.

Session:
Limit: .05/.10 NL
Tables: 3
Time: 1 hr
Outcome: -1.02

Overall:
Cash game hours: 6.5
Net: -76.90
Hourly
Rate: -11.83 per hour

Tournament hours: n/a
Net: n/a
Hourly
Rate: n/a

BANKROLL BALANCE: $175.14

12.15.2006

Beaten and battered.

Well after my first session in this challenge went downhill, the second one fouled the same suit, but worse... much worse. I was able to pick up a good pot early on with AA up against QJ on a flop of Q 7 6. The turn and river brought blanks. That was the total amount of my good fortune. My QQ went down to A6 on a flop of 4 5 7, I had to muck KQ with top pair because I felt i was beat and the pot was off decent size, and then I got all in on a queen high flop with my AQ to someone overplaying AK only to have him flush me out. That last one hurt. No worries, I'll just rebuy.

Well, I did and built the stack back up about 75% or so before it just went completely south. In the BB with Q8s, the flop came down 8 4s 5s, giving me top pair with a decent kicker and a flush draw. I led out with a pot-sized bet as there were a lot of limpers. One guy min-raised me and another than min-raised again. I was in a tough spot here as 67 would be a hand that is playable for a limper in late position and that would give him the nuts. A set or two pair could also be possible. But then I thought to myself that by the way this guy has been playing, he is a nut and probably has just an 8. With that said, I decided to push. If he happened to have a straight, set, or two pair, I do have outs, but I strongly thought He had a hand like 78, 89, 108, maybe even A8, etc and with my flush draw I am favored here. I pushed for a good amount, $15 or so and the pot was about 7. The original min-raiser went into the tank and then called and the other opponent folded. He turned over A7, no spades and nothing but a gutshot. A blank on the turn and a 6 on the river came to give him a winning straight... wow.

Two more big downfalls came when my AA went down in flames to KK. When you have KK and are reraised twice by someone who lead out UTG, you probably should fold. None-the-less, a K on the turn ended that pot for me. My jacks then crumpled to an opponents K9, same opponent that had the A7. Why couldn't it be my day to rush?

I know some of you may be asking why I played for so long if I just kept getting beat. Well, I would play those cards the same way given the same situations tomorrow, next week, or next year so if I happen to get in with the best of and lose, so be it. I can't determine the way the cards fall and I'm not knocking any player who wants to put his money in and gamble. Rather, I'm just bummed things didn't work out today. But there will always be tomorrow, the next session, and the next hand!

Session:
Limit: .05/.10 NL
Tables: 3
Time: 4 hrs
Outcome: -58.30

Overall:
Cash game hours: 5.5
Net: -75.88
Hourly Rate: -13.80 per hour

Tournament hours: n/a
Net: n/a
Hourly Rate: n/a

BANKROLL BALANCE: $174.12

Not how I wanted to begin.

Began my quest yesterday to build my bankroll and it didn't start off too well. Actually, it did start off well. I picked up AA a few hands in and was able to win a small pot. A little while later the 78d delivered me a straight draw and a flush draw on the flop and I was able to draw for cheap to turn my straight and take down a good pot. On another table, I limped in mid position with the 97d and was able to turn a full house, but unfortunately it didn't pay off well. I saw QQ in mid position and reraised a preflop raiser and the flop was Q high and then I turned a full house, only to have my opponent fold to my bet.

After that, it went steadily downhill. My aces were cracked by a set of 10s and then on a flop of 9 6h Kh, I got all-in with a short stack with my 89h to his KQ. Needing a 9, 8, or any heart I failed to hit. I made a bad play with a KQ on a flop of K 7 5 and lost a good sized pot to K7. Towards the end of my session I got all-in on a flop of J 9 3 with my AJ in dominating position over my opponents J8, only to see the terrible 8 pop up on the river. It was just one of those days I guess. No worries, just have to keep getting the money in with the best of it.

Session:
Limit: .05/.10 NL
Tables: 3
Time: 1.5 hrs
Outcome: -17.58

Overall:
Cash game hours: 1.5
Net: -17.58
Hourly Rate: -11.72 per hour

Tournament hours: n/a
Net: n/a
Hourly Rate: n/a

BANKROLL BALANCE: $232.42

12.13.2006

The beginning.

I've decided to keep threads on the progress of building my bankroll. This will not only help me to keep some good records, but it will also give others a look at my strategy and progress. I plan on starting with $250.00 and will be setting different goals along the way that will help me achieve my overall goal of $5,000 by June 1, 2007.

The games I played in for a session will be listed, along with the limits and a few comments on the session. Key hands will also be incorporated.

For right now, I am playing on Bodog. I like the site and the competition is relatively easy with a lot of players willing to gamble. A good, tight/solid game has worked well in the past and is what I'll be playing most of the time. Why not all the time? Well, simply because you need to switch it up depending on the type of game you're in and so much of poker is situational.

Going to start off playing the $.05/.10 NL tables and build the bankroll up to $400.00 and then move up limits. I'd like to have 15-20 buy-ins per limit. I'll be playing mostly cash games, with some multi-table tournaments on the side.

GOAL #1:
$500.00 by the new year.

BANKROLL BALANCE: $250.00

You can contact me via email at dpeters@elon.edu, any feedback or comments are welcome.