I don't think I could have asked to get off to much of a better start for the 1st month of the $50k Challenge. For those that haven't read the $50k Challenge Outline, I am trying to turn $2,500 into $50,000 by the end of 2006 by playing mostly Short Handed No Limit Cash Games on a part time basis. I am trying to play an average of 20 hrs/week and have set my monthly goals accordingly.
The bankroll goal milestones for the first three months are as follows:
Jan - $4,100
Feb - $5,700
Mar - $7,300
Listed below is my current status:
Starting Bankroll - $2,592
NL Short Handed Cash Games - Profit of $3,960
SNGs and MTTs - Loss of $179
Bonus - Profit of $130
Total Profit (Month to Date/YTD) - $3,910
Current Bankroll - $6,503
I am close to my target for the end of March. My goals may have been a little conservative, but I am not changing them. I will be excited if I reach the $50k before the end of December, but I am not fooling myself into thinking it will happen sooner. The variance of the higher stake games and tougher opponents will probably level things out as I move up. It is nice to know that I have a cushion to work with now. It, also, feels good to know that I should be able to consistently beat the $1/$2 NL cash games for a nice profit.
I played mostly 1/2 short handed NL cash games during the month and experimented with the 2/4 games a little at the end of the month. Below are some of my stats.
NL Cash Games
Hours Played (accounts for multi-tabling) - 73.2 hrs
Win Rate/Hr - $54.10/hr
Table Hours - 133 hrs
Win Rate/ Table Hr - $29.77/table hr
*NOTE: Below stats are from Pokertracker. There is a descrepancy between my PT stats and my actual stats. I think it is because I closed a table when I got stacked at the end of a session before the Hand History was saved.
NL SH CASH GAMES (some stats may look scewed because of a lot of heads up play)
Total Hand Played - 11,764 hands
PokerTracker BB/Table Hr - 7.23
PokerTracker BB/100 - 8.22
PokerTracker BB is calculated at $4 for 1/2 and $8 for 2/4
VP$P - 35.63%
Went to Showdown - 30.25%
Won $ at SD - 54.19%
Agression Factor - 1.23 (thought I was more aggressive)
PF Raise % - 13.86%
I, also, checked the hands that I won the most with and there weren't many surprises. Sometimes the losses with AA seem to sting a lot. When you look at AA in the long run, it does make you money. I think we tend to remember the big losses when dealt AA a lot better than the big wins with AA.
Hands the won the most with (from most won down)
QQ
AKo
AA
KK
77
J10o
J8s
AQs
99
A9o
AKs
I will try to get more into the keys hands over the next week and review my strengths and weaknesses. There are definitely a lot of things that I need to work on.
I am interested to hear any thoughts or comments - anything that looks out of line, any stats that I should be posting, or any thoughts in general.
Good Luck at the tables,
cmitch
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February
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- $50K Challenge Update
- Party Poker gets in wrong twice
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- $50K Challenge Update, JJProdigy & Party Poker, an...
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- Don't Tap the Glass and a Detailed "Big Game" Story
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Very nice month... I agree that you shouldn't get in any hurry.. Stay according to your schedule...
As far as AF.. take a look at your calls post flop as that will really bring your AF down... although, it is hard to argue with your results.
WillWonka
11:31 AM
Sweet results. What site you playing on, Full Tilt? Bonus rate at $1/hr seems pretty low.
actyper
12:58 PM
The bonus shown is pretty low because the majority of my playing time was on pokerstars. I guess the FPPs on pokerstars could be considered bonus dollars eventually. My current level is Gold, so I am getting FPPs twice as fast.
I played mostly on Pokerstars, some on FTP and some on UB.
I should probably work on bonus chasing a little more, but I played where I was most comfortable.
cmitch
1:07 PM