Monday, February 1, 2010

More on January

Wanted to post a follow up to the brief message I made earlier
and elaborate a little bit more on my month. I always like to
put a bit of time into reflection at the end of months and
see if there are ways I can tweek my approach to yield more
profit in terms of percentage (ROI) or more money per
unit of time invested.

In looking at my scope stats for SNG's one thing really jumped
out at me. I played a total of 626 games which is a good number,
but the breakdown is really surprising.

By buyin

$5 64 games
$10-$12 374 games
$20-$25 180 games
$30 and up 8 games

This is actually shocking to me. I was under the impression
that I was mostly playing $20-$25 games, but I have obviously
been deluding myself. 70% of the games I played were $12 and
under!!! WTF...I have a few semi-justifiable reasons for this
like: friends that wanna 4 man lower stakes, late nite hours
on Cake where the traffic is low, practicing multi-tabling,
desire to minimize stress and occasionally wanting to fire up
2 or 3 low stakes super turbos for the hell of it. But....bottom
line, I must keep the games below $20 to a minimum.

So...that's the takeaway from this exercise. No more
low stakes games!!! My ROI in $20-$30 has been in the
6%-12% range consistently for awhile now, so there is
no reason for me to be playing anything below this level. are my goals for February.

-90% of games at $20+

-$1500 total profit (including RB, bonus, ring, etc)

-Fully retire all remaining bonus money on Cake (now $160...they
gave me another $100...not sure if I should be happy or not)

-Go full time on Stars $33's by months end

I've gotta cure myself of this stakes leak if I wanna start
making the kind of money that I believe I'm capable of!

Cheers and GL ALL


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