Wednesday, June 20, 2007

Another Good Day

I had another winning day today. In fact it looked like it was going to be a monster day. Normally I win about one in every 11 pots. Nominally I should win one in every 9 pots since I'm one of nine players and we all get dealt the same cards in the long run. But since I'm more patient and selective, in practice it seems like I win about one in every 11. Another thing I've noticed after looking at the statistics that Pokerstars keeps track of is when I win more than 50% of the hands that go all the way to the showdown I'm usually ahead and when it's less than 50% I'm usually behind. On average I only make it to the showdown about 1 hand in 40.

With those things in mind the start that I had today was pretty amazing. After 100 hands (about 12 minutes) I looked at my stats and saw that I'd won 6 of 7 pots at the showdown and 25 pots overall! This put me ahead over $500 and for a while the good luck kept on coming. At one point I was ahead over $1,500, but after a few bad plays and a little bad luck I ended up finishing the day ahead $900.

This is my 11th winning day in a row the smallest of which was almost $200. I'm starting to think crazy thoughts like maybe I can go the whole month without having a losing day. I'm planning to play 8 more days this month so it seems very unlikely, but you never know.

I've played 14,000 hands of $2/$4 blinds this month and I'm winning 29 cents a hand (I've also played about 12,000 hands of $3/$6 which haven't gone as well, but have still been good)! If I could do that over the long run I could work 35 hours a week, take 8 weeks of vacation a year and make a quarter of a million dollars a year!!!

What's amazing is 29 cents a hand is nothing compared to the amount of money in play. If I could steal the blinds in a $2/$4 game (which nets me a whopping sum of $6) once every two rounds and then break even on everything else that would be 33 cents a hand. Pokerstars keeps track of and lists the average pot size for each individual game for the $2/$4 games it's usually in the $50 range and in the $3/$6 game it's usually in the $75 range. All I need is 30 cents a hand to drag $250,000 a year. It's possible that while I think I've been running good these past few months, maybe I've been running bad and now I'm hitting an average run of luck!

No comments:

My WSOP 2023 Plans and Missions

After four and a half years working for StubHub I wrapped up my time there in March. I've been at the poker tables 3-4 days a week since...