Weekly Bankroll Update 4/21 - 4/27

It's so funny how sometimes you can go from feeling like the unluckiest poker player to the luckiest almost overnight. Last week started out well enough with me cashing in some Daily Bonanzas and SnGs as well as profiting in cash games, but then I went on a terrible SnG run going 0/8 with five 4th place finishes. There is nothing more infuriating then finishing 4th when three get paid. Especially when it happens five out of eight times. Going into Saturday I was feeling a little punch-drunk as I began by finishing 4th yet again, but then I got a win. Right after that, I won a raffle for 5% of The Golden Blazer's action in the $10,000 guarantee (by the way, if you're not watching his stream on Twitch, you should. You might even be "lucky" enough to see him do Sharkhead Karaoke) in which he finished 10th for $175. $8.75 went to me. I also went on a nice run in TGB's "home game" that night nearly knocking him out to score a T-shirt, but he runs too damn good for me to beat him in a flip. And now, some numbers:

Play Money: 26,326,000 Down 702,000

Real Money: $2,114.65 Up $46.36

Target for next SnG level: $2,200 ($110)

Target for next MTT level: $2,750 ($55)

Target for next Casg Game level: $4,000 ($200)

This week I expect life events to slow down a little bit. Saturday was my last day of school, and graduation is just three weeks away. It hasn't really sunk in yet that I'm done, but I imagine as May 18th gets closer it will. I might take a few more shots in some MTTs going forward, and upping my SnG buy ins a bit. I've soured a little in cash games though. It's feeling a lot more difficult to make money in them lately. Plus, SnGs and MTTs are much more fun to play. We'll see how it goes. Thanks everyone for reading! See ya next week! 

Weekly Bankroll Update 4/14 - 4/20

Last week went pretty well as I continued to stay conservative and build up the roll a little more. I actually profited 6 out of 7 days lifting the bankroll to an all-time high. With just one week of school to go, I think it's best to focus on finishing that up, so Daily Bonanzas, $3 SnGs, and $10 cash games will be in the repertoire. Here's where I ended last week:

Play Money: 27,028,000 Up 4,041,000

Real Money: $2,068.29 Up $54.26

Target for next SnG level: $2,200 ($110)

Target for next MTT level: $2,750 ($55)

Target for next Cash Game level: $4,000 ($200)

The two year mark of this project is approaching (May 2nd) and I never thought I'd be this far along at this point. I've had some luck along the way, but I really feel like my past failures have contributed a lot to my success. Losing bankrolls actually taught me the importance of managing them well. A lot of players that have early success fail to learn that variance plays a huge roll in poker, and managing your bankroll through it is more important than playing well. You can make correct decisions and still lose. The old adage "luck is streaky by nature" is what I try to remind myself of whether I'm running bad or good. I put in for a week of vacation the week after I graduate, and I will most definitely be going to the casino at least three or four of those days. In the meantime, I will be playing low stakes to protect the roll. Thank you to everyone for reading, and Happy Easter!

Weekly Bankroll Update 4/7 - 4/13

The bankroll continues to grow as I took the conservative route last week playing primarily Daily Bonanzas and a $3.30 SnG win to finish things off. Schoolwork dominated most of my free time so I took the focus off playing the big stuff and went small-ball. It worked as I took a small profit. Here's where I'm at:

Play Money: 22,987,000 Up 587,000

Real Money: $2,014.03 Up $12.61

Target for next SnG level: $2,200 ($110)

Target for next MTT level: $2,750 ($55)

Target for next Cash Game level: $4,000 ($200)

School will probably take up a chunk of my time again this week so I think I'll stick to the same strategy. The good news is I can buy in for $10 at a cash game and still remain above $2,000. Some insurance would be nice. Each time you go up a level it's like starting over again. A lot of people don't realize that as they move up in limits. They think they can just go hog wild and immediately start playing the limit they got to, not realizing that if you lose right away, you have to drop back down. It takes some time to get traction at new limits so it's important to play sparingly at first. The higher up you get the more shots you can take. I've lost many bankrolls in my time and I wish I understood this concept earlier in my career. Anyhoo, it's another week folks. Let's see what happens!

Weekly Bankroll Update 3/31 - 4/6

It wasn't a great week last week as I had a lot of ups and downs. The week started of well as I finished 25th in the $7,500 guarantee on Global Poker cashing for $44 and change, but then it kind of went downhill from there. I had some bad beats in cash games at one point losing to quads and a straight flush in back-to-back hands. Here are my digits:

Play Money: 22,400,000 Down 1,268,000

Real Money: $2,001.42 Down $23.47

Target for next SnG level: $2,200 ($110)

Target for next MTT level: $2,750 ($55)

Target for next Cash Game level: $4,000 ($200)

I'm anticipating a bit of a poker slowdown in the next few weeks. My final project for my MBA is due on the 27th, and I'll have to be putting in a lot of work in order to complete it. Only six more weeks till graduation! The MTTs seem to be working well for me right now and I'm going to be putting my focus there if and when I do play. Cash games can bleed you dry quickly when you're not running well, and being so close to dipping under $2,000, I don't really want to risk it.