Sunday, January 26, 2020

Weekly Bankroll Update 1/19 - 1/25

Brutal week readers. Brutal. Cashed in 3/22 all for under $1. It seems like even when I build up a stack, I lose it a few hands later. I think I need to be even more conservative with my play, if that’s even possible. I kept my buy ins low again and will continue to do so until I break out of this slump. I feel like I have a bulls-eye on my back every time I enter a pot. Thankfully, I’ve been through many slumps before and am familiar with the mindset needed to overcome the bad runs. Here’s where I am going into this week:

Play Money: 67,089,000 Up 239,000

Online: $293.68

Live: $2,242.27

Total: $2,535.95 Down $6.36

This week needs to be a break-out one. The Grizzly Games are starting back up Feb. 3rd and I need to be ready to win a trophy. It’ll be more of the same as far as buy ins go, but I might try a $10 cash game later in the week if things aren’t going well. Let’s see what happens.


Sunday, January 19, 2020

Weekly Bankroll Update 1/13 - 1/19

Man, poker is tough when you run bad. I lost coin flips in key situations that would’ve decided whether or not I made the money and this happened consistently all week. Thankfully, I kept my buy ins low and didn’t take much of a hit. Here are my standings:

Play Money: 66,876,000  Up 476,000

Online: $300.04 Down $4.26

Live: $2,242.27

Total: $2,542.31

Part of managing a bankroll is to not press when you know you’re running bad. There’s a tendency to want to “chase the losses” and it’s important to resist that temptation. Walk away, do something else, distract yourself. That’s why I love video games so much. They are a great way to escape from the frustration of losing at poker. This week I’ll try and get back to my winning ways by keeping the buy ins to a minimum until I feel like I’ve broken out of my slump.

Sunday, January 12, 2020

Weekly Bankroll Update 1/6 - 1/12

Not much to report this week as I pretty much broke even. I played 5/7 nights and started well but fizzled at the end. I don’t feel like I played my best getting impatient at times and just not feeling super motivated. I get that way sometimes and try not to play too much when I’m in that mindset. After all, poker is a grind for those looking to do it full time. Despite my lackluster play no damage was done. This is why managing your bankroll is so important. Here are my numbers:

Play Money: 66,400,000 Down 1,500,000

Online: $304.30

Live: $2,242.27

Total: $2,546.57  Up  $1.99

This week my goal is simply to play better than last week. I sat out a couple of nights including the $3.30 tourneys. It probably saved me some money doing that. I need to make sure I don’t let my game descend into making bad decisions so this week I will get back on track.






Sunday, January 5, 2020

Weekly Bankroll Update as of 1/5

Hello again readers! After a little 6-month hiatus, I’ve decided to start the blog back up. New year, new decade and new goals. 2019 was a busy year for the family and I. My daughter started Kindergarden, I got my MBA, we renewed our lease on one of our cars, and bought another, re-financed our mortgage, started renovating our bathroom, my brother got married and moved to Virginia Beach, Jackie got a new boss, and I now can work from home. Phew! See why I needed a break? I have been playing poker over the past 6 months despite all the craziness in my life, but mostly online. I was making weekly trips for a while to MGM and managed to break even over 7 sessions. The format this year will be a bit different since I’m technically managing two bankrolls (online and live), but I will be combining them when talking about my overall total. It’s winter here in New England and not ideal for traveling to the casino, but I do plan on playing live again in the spring so I’ll be posting my live total as well as my online total. I cashed out all but $60 of my Global roll back in June so I could bank it for live play and have run it back up to over $300 since then. I was actually hoping to start this new year on a positive note by making $100 in the Daily Hundo last night, but instead was blessed with my third 4th place finish in that tourney. I had to settle for $10 instead, but broke even on the week. Here’s where I’m at to start 2020:

Play Money: 67,900,000

Online: $303.58

Live: $2,241.00

Total: $2,544.58

My live roll might be a little higher, but I haven’t been to the bank to see my balance in a while. Should be more accurate next week. The plan this week is to play MTTs on Global Poker. I’ll play the Weekly Bonanza today, the Newsletter freeroll on Tuesday, and the nightly Bonanza, nightly Freeroll, Daily Hundo, and the nightly $3.30 Turbo (no rebuy or add on) for a total of 30 tournaments and $30.98 in buy ins. My rule of thumb this year is to invest no more than 10% of the total online roll in MTTs each week while playing as many tourneys as possible. SnGs and cash games online will take a backseat until I can build the roll a little more. The main goal right now is to get the total bankroll over $4,000 so I can comfortably play $200 cash games at the casino. For online, I’d just like to break $500 in the short-term. Let’s see how this week goes. It’s nice to be back and thanks for reading!