Tuesday, 20 November 2007

Progress

I've actually had a reasonable day, hoorrah!! After ending up even yesterday I've made about $800 today and played pretty well really. It's been a very consistent day with small gains at regular intervals and one or two big pots. I've been betting my hands for value extremely well and working out with some decent accuracy whether the scare card on the river has me beaten or not.

I'm now $2700 up since switching back to holdem last week along with about $400 in party points and deposit bonuses alongside this. It's not a bad win rate and has been achieved with minimal stress which had accompanied the previous weeks at omaha. I'm still not happy with my overall win rate as it is currently at 2 ptbb/100 hands which is alright but I'm really looking for around 4-5. Still it is nice to be making some progress and it will hopefully mean that by the start of december I feel in a position to move back up to my 5-10 games and make some real money.

What I need to remember is the omaha experience as I went against all of my principles regarding redepositing money which I had taken out. Yes, I was unlucky and didn't deserve to be losing - far from it, however I created my own hole and lost far more than should be possible given my bankroll requirements and level at which I drop back down.

However I feel that the experience I have had should stand me in good stead in the future as I WILL remember dropping $12k in a week and not want a repeat. I will remember watching my bank account drop down which should never ever happen. And most importantly I will remember how stressed this all made me and sapped my enthusiasm for everything for a relatively long period.

One of the main reasons I have chosen this lifestyle is the quality of life which I can expect, it gives me he opportunity to read, excercise and sleep properly. It means that I can spend more quality time with Nat and these are the benefits which I need to remember when things go badly.

I'm trying to get myself into something of a routine now and have started setting an alarm for 2pm and going to bed some time in the early hours - 7.30am yesterday and it is currently 5am as I write this so it's likely to be a similar time today. If I can get myself back into the routine of excercising when I get up then it will be extremely beneficial as it sets me up for the day and I am able to concentrate better on my game.

If I managed to achieve a similar winrate at 5-10 when I move back up then I'd be looking at over $20k a month and that is without any spectacular success. This is something which I need to remember and keep my focus on the long game and not get obsessed with short term results.

I'm waffling now so I'm going to watch a bit of Red Dwarf and have a look over the day's play

Steve

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