More Good News from the Smaller Websites

AP has started running a promotion where they offer double absolute points between the hours of 10 and 1 (pacific), during both the morning and night hours. As I looked at the points I was racking up I started to think about the percentage of rakeback I was getting during those hours. Playing 10/20 on average I'm paying about 25 cents per hand in rake. If I play 1,000 hands the website gets $250 from me personally.

But I get 30% of that money back in straight rakeback which is $75 for those same 1,000 hands. Also I'm constantly clearing reload bonuses at the rate of about 5 cents a hand so that's another $50. I've estimated that I'm making about 2.5 cents per hand in value as far as the monthly rake race goes so that's another $25. Lastly during double AP points hours I'm making about 9 AP points per hand which is worth about 6.5 cents or another $65 for 1,000 hands. Put all together and I'm actually getting 86% of my rake back! This is totally absurd! It's $100 an hour for breaking even in the games! I have to start working harder.

In other good news I've been playing $20/$40 on cake poker the past two days. In the past $10/$20 was the highest stakes games that went, but there have been two $20/$40's today and yesterday. What's exciting is not the stakes, but the quality of the play. If you went to the lowliest casino in Reno with a poker room, went to the lowest stakes game and hucked a chip at everyone's head, the last guy to notice that he'd been popped in the noggin would be of the quality of some of the players I've been facing. It's truly astounding.

The only thing working against me is I get too excited. Holy shit! Look at the things these guys are doing! I need to get their money now before it goes to my other opponents who barely have a clue, but who look like Doyle Brunson compared to these other guys!

We've been spending money like it's going out of style lately and I've been taking too much time off so I'm my bankroll isn't exactly where I want it to be, but the future is looking bright.

Testimonials

As some of you may have noticed I've been getting a little bit of spam in the comments section of my blog. Mostly it's been one post telling you how you can get rich quick. I am shocked at how many adds I see on late night TV, in print and on the Internet that use testimonials from "real people" who have made "up to" many thousands of dollars a week or a month "from home!"

If all you have to sell your product is testimonials you're "system" is a "big steaming pile of shit" in my humble opinion.

Let me tell you about a system that blows all of these others out of the water. You have a system where I can make $10,000 a month? That's a pittance! In this system that I know about literally thousands of people from all walks of life, with all educational backgrounds have made millions of dollars. In fact on average these people are not that smart! These people come from all over the country and some of them have made tens or even hundreds of millions of dollars with no effort and only a $1 investment!

A $1 investment?!?!? YES! Invest a buck and make millions! Thousands have already done it! It takes no time at all and you can do it from almost anywhere!

GO BY A LOTTO TICKET YOU SUCKERS!

F-ing testimonials.

Cake in Your Face!

I hope everyone out there had a great Thanksgiving. I spent the week at my in-laws house in Orange County. I ate more than my share of turkey, watched plenty of football, saw a few movies and even took my two year old son to the beach.

But I also spent a fair amount of time working. In fact I did enough that I ended up finishing 2nd in the monthly rake race at rackbacknation.com which was worth $775. I think to some extent everyone else got derailed by the holidays so even thought I didn't put in a first class effort I did enough for a strong result.

I also picked up a few more bucks in the AP daily points races. In total I made $1,050 from that promotion. I did get totally hosed on one occasion though. On that day I started playing relatively late not logging on until 12:30. But my father in law Gerry who has been getting his feet wet in some low stakes limit hold'em games was watching over my shoulder, I was playing well and enjoying myself, and before I knew it I'd played for 6 hours with only one 20 minute break. When I checked the daily points standings I saw that I had a chance to win the race for that day.

After a short break for dinner I logged back on at 7 pacific time which meant there were only two hours left in the race (it ended at midnight eastern). After 45 minutes I had what I would describe as perhaps the most frustrating internet experience of my life.

Problems with my technology not working MAKES ME ABSOLUTELY CRAZY! AHHHHHHHH!!!!

In this instance I was able to connect to the internet, log on to AP, get into games and then it would just lock up. Over the span of an hour or so I tried 4 different computers (two of which required installing the AP software) and multiple reboots of the router and cable modem. A dozen times I logged on got dealts a few hands and then FREEZE! Everything would stop.

If I'd been able to play that last hour I'm not positive I would have won the race and picked up $500, but I would have at least been able to finish 2nd which paid $400. Instead I got $150 for finishing 5th.

I ended up winning over $1,300 that day and I earned a ton of rakeback and points so I should have felt great and I did feel pretty good. But the next day I got stung for $1,800. Right out of the gate I felt tense and I can't help but wonder if the stress from the previous day played a part.

The day after I tried playing in a coffee shop for a little while, but again I didn't have a good mindset. My laptop is 5 years old and is as slow as a dead snail. I had problems with booting and crashing and logging on to the wireless network and it took me 30 minutes from the time I sat down to the time I got my first hand. From hand 1 I was feeling negative and after an hour or so and a small loss I packed it in.

But now I'm back home. Ah home sweet home. I always feel at peace when I sit down in the morning in my usual chair with my lightning quick desktop with my hot cup of coffee. Yesterday I got off to a terrible start and found myself stuck $2,000. But I didn't let it get to me and I came all the way back to have a small win.

Today I smashed a few people right in the face on cake poker picking up $1,800 in only 750 hands of $8/$16. About half of those hands were heads up and I took the entire starting stack of 3 different players who took me on one on one. To make it all the sweeter I picked up another $700 in 1,000 hands on AP.

This is going to be my first full month of non pokerstars play. I have high hopes and lofty goals. Since I have two more weeks of vacation coming in the next 6 weeks I'm going to really need to bust my ass so I can afford to take all that time off!

The AP Points Race

It's been two weeks since my last post and not much of significance has happened since then. I played a total of 5 FTOPS tournaments: $216 6-max NLH, $216 7-game mixed games, $109 NLH with rebuys, $535 HORSE, and $216 6 max limit hold'em. It was brick city in all of them (I came closest to the money in the HORSE).

I spent a fair amount of time playing on Absolute Poker (AP). Each month the website through which I get rakeback runs a promotion called a "rake race" where they give prizes to the customers who earn the most rake on various poker sites. Last month with a part time effort I finished 2nd which was worth $775.

After my streak of 11 straight winning days I had a significant run of losing days. I've been really conflicted lately because if I make it to 600,000 base FPPs on pokerstars by the end of they year I earn a $6,000 bonus. Right now I'm 67,000 points away which is not a ton (I averaged 83,000 points a month last year), but I have been getting killed on pokerstars! On the other hand I have been killing on absolute poker doing fine in limited action on cake poker.

I haven't really run the numbers to see what I should do, but I'm going to do it right now!

$6,000 is a lot of money to leave hanging out there and in making it to that point I'd pick up about $3,000 in FPPs so really I'm looking at $9,000 for breaking even over about 50,000 hands on 10/20. That's 18 cents an hand which amounts to about 65% rakeback!

Now I'm going to look at what those 50,000 hands will make me on AP. I think I get about 9 cents a hand in rake back so that's $4,500. I'd earn 187,500 absolute points (the AP version of FPPs) which are worth about $1,300. I'd get two prizes in the rakeback nation monthly rake race (One for November and one for December). Conservatively I could get 3rd place this month and 2nd next month which would be $1,400. So really I'm looking at $7,200 in bonus money on AP and $9,000 on pokerstars. That's closer than I thought. When I factor in that I'm going to be playing in cupcake games instead of ball busting ones, it seems like a clear decision.

But there's more! For the rest of this month AP is offering a daily points race. The top 10 players who earn the most points each day get a cash prize. Here is the list of prizes:

1st $500
2nd $400
3rd $300
4th-6th $150
7th-8th $100
9th-10th $75

I found out half way through the first day which was the 17th so I didn't make the top 10. But I put in a major effort yesterday and came in third. I took today off, but my effort from yesterday would have put me in a solid second.

The points they use to determine the race are "status points." I'm not sure what the rules are for other stakes, but at the levels I play I get two points every time I play hand that A) I put money into the pot by, raising, calling or posting a blind and B) they rake the pot. It turns out I make about .75 status points per had on average.

Yesterday I played about 3,300 hands and made 2,500 or so points. The second place finisher had around 3,000, 1st had 4,500 or so and the fellow in 4th had about 50 less than I did. In fact I played some at the 11th hour to move past him and since it was much later in other parts of the world I'm sure he was long done with his day.

Today 1st place was won by the same guy (who also plays 6 max limit hold 'em, but plays more games at a time and longer hours than I do) who again was over 4,000 points. But 2nd was 2,100 and 3rd was only 1,900.

I'm not sure what's going to happen to the numbers over the weekend and if they guy who has been winning keeps it up I'm not going to get 1st. But I should be able to pile up a few seconds and thirds and should have a fairly easy time getting into the top 6 without really busting my ass. I'm going to give it my best over these next three days and hopefulle pick up and extra grand.

So with that in mind I'm going to be totally AP focused for the rest of the month. And given that, I'm probably going to bail on pokerstars altogether. I'm not 100% on that, but it seems like it's headed that way. It makes me a little sad. :(

FTOPS XIV Event #1

FTOPS XIV Event #1 was $216 6-max NL hold'em. This tournament started with 4,694 players which meant we had a few hundred fewer players than would be needed to meet the $1,000,000 guarantee paying full juice. Instead of $200 a player going to the prize pool and $16 going to the house, $213 from every player went to the pool and $3 to the house.

I registered about 20 minutes after the tournament started and was faced with a tough decision right away. We all started with 5,000 chips and during the hand in question the blinds were 15/30. The under the gun player made it 60 to go and got called by the button. I was in the big blind with TT and raised to 240. The under the gun player called and then the button made it 900 to go. What?

It's very unusual for a player to call a raise (especially a minimum raise) initially and then rereraise later on the same round. When it happens it's almost always AA, but sometimes it's a player acting on a total whim and pushing a hand like QJ. In this case I decided it was probably AA and just bailed out.

If I was playing a $1,000 tournament folding would have been an easy decision, but in a $200 tournament I really wanted to just drop the all in bomb and see what happened. Of course that's not a good mindset to have and it's important to always play your best regardless of stakes.

The hand that really derailed me came about an hour later. Again the under the gun player came in for a raise when I was in the big blind. But this time I had AA. He raised, I reraised, he called and the flop came down king high. I bet about half the pot and my opponent raised me. "Ah ha!" I thought. "He has a king and now I will get his entire stack!" I was right about the first part.

I just called his flop raise and after a blank came on the turn I check raised him all in. At this point there was something like 6,000 in the pot and he only had 900 or so left, but probably knowing he was beat he still took a long time calling with KQ. 39 of the 44 cards left in the deck would make me a winner, but the river was a queen and I was down to 2,000 chips.

A little while later I'd climbed back close to 3,000 chips. I was in the small blind with K6 suited and raised the big blind who just called. The flop was 8 high with two hearts, I bet three quarters of the pot and my opponent called. I had a strong sense that I was against a draw or maybe just overcards taking one off. Feeling bold I moved all in for about 2,000 into the 1,500 chip pot. My opponent thought for a moment and then called with A2 of hearts which was nothing but a flush draw...and the best hand since I was on a total bluff. The river was a blank and the ace high held up. This was a situation where if I knew exactly what my opponent had I would have played it the same way on the turn.

Today I have Event #2 which is 7-game mixed. It's all the HORSE games, plus NL hold'em and PLO (the same as the pokerstars 8-game mixed format except there's no triple draw lowball). An hour in I'm up to 7,000 chips from a starting stack of 4,000.

The Highs, The Lows and FTOPS XIV

My streak of winning days came to an end on Sunday, but not before I'd won 11 days that I'd played in a row - my best run ever in terms of winning days in a row! I lost $700, which after being down $2,500 at one point, was an adequate result.

Amazingly I was still a little (just a little) upset about losing. A few days before I'd won $1,500 during the day in a few hours and then later on my laptop I scooped up another $800 during one episode of survivor. In the midst of the streak that $800 felt like an extra sprinkle on a very large cupcake. I was feeling very "whatever" about it at the time. Which leads me to a question: why in the world would I be upset about losing $700 when I barely cared about winning that extra $800?

I'm constantly battling my emotions, trying to stay as cold and logical about everything as possible. Sometimes it's easy. After all I know that losing sessions, days, weeks and even months are part of the deal. Even the best players lose some of the time. I've had hundreds of losing days and scores of losing weeks and everything is still fine.

During the stretches where my emotional control is at it's highest I brush off losses and bad beats like they are nothing. I almost feel amused when my aces go down, and my straights get flushed time after time. I some how manage to think "Oh, well. I'm sure this will turn around. Just stick with the plan and the cards will even out soon enough." That is how I'd like to be all the time and it is how I am the vast majority of the time.

In other instances I get upset about nothing. I curse out loud. I slap my hand against my forehead or bang my mouse on the arm of my chair. I feel tension throughout my entire body, just because I've lost a few hands or I'm down a few hundred dollars. This is not how a professional should act! I look back on my reactions and wonder why I was being such a buffoon. Swearing out loud? Really? What good is that doing?

Of course the problem is, simply that losing sucks! If you watch Tiger Woods play golf, you'll see him get pissed all the time. He'll get upset that he missed a 20 foot put on the second day of some random tournament. What sort of significance could that put have in the scheme of his life? ZERO! He's got hundred of millions of dollars, an amazimg wife and family, and a world of people who think he's awesome. He could never swing a club again and he'd still be a legend. But he wants and expects to win every tournament and make every shot. And that's how I feel too. I want those aces to hold up every time. I want every bluff to work. And damn it, I want to win every f-ing day that I get dealt a hand! And I get upset (just a little) when I don't.

I also find it more than a little annoying that I get upset. I know, by the next day or the next week I'm not going to care at all unless it was a major back breaking loss. I couldn't tell you anything about any of the losses I had in September. They are all far in the past, but I'm sure some if not all of them bothered me at the time.

Another thing I find annoying is I wish I could get more excited about winning. When I first started playing even though the money wasn't very significant in the big picture, the highs were much higher. I would have to win at least $100,000 to feel the way I did the first time I won $1,000 in a day (my biggest win leading up to that point was $350).

When I have a good win I try to think about it as much as possible and squeeze every ounce of joy I can out of it. But these days is really feels more like satisfaction that the elation that I felt when I was 21.

Anyway, I'm going to take a shot at some elation in the Full Tilt Online Poker Series XIV (FTOPS) starting tomorrow. Here is the full schedule if anyone would like to see it, but it's pretty much the same old same old FTOPS schedule.

I think I'm going to take $3,000 and play as many tournaments as I can with it (I probably won't take on any backers this time around with one or two exceptions), making sure I hit the $535 HORSE event and the $216 6-max limit event, but otherwise taking it one day at a time.

I'm not really as pumped about these FTOPS tournaments as I used to be since they have an FTOPS every 3 months, but it could still be big if I knock one out of the park.

We're Going Streaking!

I am on a great run! Today I won $1,500 in a few short hours of play on Cake and Absolute poker.

There is this movie Knockaround Guys (which is an OK movie) starting Vin Diesel, Seth Green, and a few other people you might have heard of that I think about sometimes when I'm playing on these other sites.

In the movie the main characters who are a bunch of New York (I think) gangsters, and sons of mafia types who are major king pins, lose a bag of money with hundreds of thousands of dollars in it. They know what town it ended up in, but don't know who has it. So their plan is to go to the toughest bar then can find in the town, find the toughest guy in that bar, and beat the shit out of him. That way everyone in the town will be interested in helping them find their money.

In the online poker world, pokerstars is New York and if you're a tough guy there than you're a tough guy anywhere. While I'm not the mafia boss, I'm certainly a wise guy and sometimes I feel like I'm beating the shit out of the toughest guys in the suburbs.

I'm on one of my best streaks ever. I've won 10 days in a row with no win of less than $500!