Monday 29 January 2007

Living Wrong

Ok ok, new post. About time too… and the time precisely? – Ladies and gentlemen it’s donk-a-buck o’clock, ten to tilt, half past steaming bloody maniac.

The combo of excessive anticipation and the absence of husbandly supervision saw me lose February’s £100 by Friday afternoon. I regrouped, took a walk and re-bought another $100. That had gone by the first Big Brother eviction of the night, so I re-bought again – another $100. Didn’t lose all of that….. Til Saturday. I wasn’t even drinking…. just rubbish.

So, two nights - £200 ….there’s a bit of honesty for you. To anyone who’s read the blogs of the big higher rollers, this will seem like peanuts. It’s not peanuts to me – it’s almost half my spends for the month. Shamed-faced confessions to the husband on his return, who pointed out that he’s doing additional marking (he’s a teacher) over the next fortnight to try to earn a third what I’d lost in just 48 hours ;-(

….. Then a regroup and look at my finances. Am now restricted to £75 poker spends per month this year. I decided – oh the logic of the addict – that it was best to start afresh for Feb and put in that £75 rather than go a whole month without.

No chance of a poker-athon on Sunday with the watchful eye of mr donk on me… so cooked, sorted spare room, did tax and a couple of work things, watched Shipwrecked, Back to the Future and Shilpa winning Big Brother. Soooo much more fun that playing poker

…. Played three SNGS on crypto once I had started to repair the karmic balance, and with all my living right that day, won two of 'em. Of course.

Keep coming back to thoughts on addiction. Will write more about that soon…. Meanwhile, wish me luck on living right tonight.

Tuesday 23 January 2007

No Pain, No Gains

.... OR if it don't hurt, it don'work etc etc

Damn, it's tough not playing poker. 2 days so far, going to re-buy on Friday - a day early, I know, but husband is away and would be foolish not to make the most of that.

Someone else who hasnt been able to play games he'd like is Barrow boy Craig Metcalfe. Craig won a seat at the Copenhagen EPT in Noble Poker satellite. Noble Poker, bless 'em, had decided against actually booking any places at the event, so it was a no-dane-go for Craig. Good work, Noble - it's not as if it's a competitive market place.

.... it's been swings and roundabouts for the biggies in the online poker world. The weekend before last saw record activity at Stars, UB & Bodog. Then came the news that Neteller was pulling out of actvities with US customers and a lot of sites saw a steep downward swing. Hankies at the ready guys... the neteller boss, arrested last week, is so darn wadded that his bail was set at $5m. That'll be the exortionate charges on withdrawls and transfers then. I know loads of people rely on neteller for cross-site BRM, the rates attached to it have always struck me as criminal in their own right.

No organisation is considered beyond the reach of current scope of investigations led by the US justice department. Unable to go after the online companies themselves -- as they're based abroad --- the yanks are targetting the investors. Big Wall St players - including Deutchebank, Credit Suisse and HSBC (all of which underwrote online gaming co's when they first became public listingsin the UK) have been issued with supeonas as part of an increasingly active campaign.

Don't ever let anyone tell you this has anything to do with american right-ist puritanism. Wait til the biggest players in the US online gaming market are the likes of Harrah.com and talking to me about protectism instead

ho hum. off to re-read harrington in preparation for my storming return to the tables. counting the hours....

Monday 22 January 2007

First Prize: $34.....

.....Entrants: 4876

blessed is the world of freerolls. please dont think i won this, i just entered it.

mistakenly thought i had enough fpps to enter the krypto £500 freeroll. wrong. instead i used my last few stars fpp to buy me into this gem of a game.

made it to the last 1200. had above average chips but got overexcited with pocket jacks and a ten-high flop (my opponents had AA and QQ). especially gutted given i was only 400 places off the money. tho', in truth, the $.07 payout for 800th wouldn't have been enough to keep me playing this month. i was looking for 18th and the $.78 pay day that would have been enough to get together a $1 buyin for the $.01/.02

ho hum. bring on february, i got a good feeling about it

Sunday 21 January 2007

January

So, I started this blog a bit late. The Stop This Donk Steaming plan started already. On the 27th Dec, to be specific.

I ran out of cash about two days ago. On both krpto and stars i spunked $70 of my money in one night at the very start, both times drunk and playing sngs. i then spent a couple of weeks hanging round on the precipice til it was all gone. resorted to playing .1/.2 plo to string out last couple of dollars once i had less that a $3 sng buy in, but managed to lose my final few cents.

then i played fpp freerolls.

so that's it. some reflections:

1) i'm kind of glad i lost all my bankroll and am stuck without any way of playing til the 26th. lesson well learnt, and this wont work unless i'm learning lessons. also, it's a test of my discipline, assuming i dont top up before the 26th, i'll be really pleased with my month for that reason alone. any improvement is good, and just losing £100 in a month and sticking to self-enforced rules is great.

Specifics i have learnt:

a)The only mtts I've played this month have been fpp ones. i cannot afford to reguarly play the level of mtts i'd like ($50-$250). What's more, there are very few times in a week when spending entrance money on an mtt could be a good way to spend BR, because concentration required and chances of profit are limited.

b) I tend to win my first sng, and lose my money playing the ones after. got to just play one

so that's it..... playing a fpp mtt tonight, but that it til friday.

my plans for feb are as follows. try to just play one sng and then take a break. play sngs on stars rather than crypto as structure's better. aim to get stars sharkscope down. if i can just avoid that one evening where i lose it all ;-)

The Rules

so anyway, poker forums are abuzz with the new year inspired talk of bank roll management. apparently it's key and noone ever became a winning poker player by topping their account up every other day ;-)

hendon mob quote "BRM only counts for winning players, it just helps losing players lose slower"

2007 is BRM year for this steaming donk. Here are my rules: on the 26th of each month i can top up each of my two accounts to a max of $100 in each. that's it. not the world's most sophisticated system, I know.

Discipline has always been my weak point, basically i play too much and i play when drunk and tired. the alcohol's the big thing. I'm hoping BRM will be the key to turning my game round. If it doesn't, then the amount i'm losing will be containable.

maybe maybe, at one point i will also be able to add cash out rules and rules about transfering between accounts (i dont have neteller) ... but right now that not really relevant.

tho
I am addicted to playing online poker. I am a losing player.

For a while, I kidded myself about how much money I was losing. The truth is, it was lots and there's no way I can carry on. Sometime I will chart my patterns of loss in the last two years.

But just to summarise.

I play at Krpto and Pokerstars

I primarily play sngs, mainly shorthanded. $10-20 - though very occasionally a bit more. On krpto, i break even. On Stars, where til recently i played a lot less, i am a bone fide fish. -37% !

I prefer mtts, I LOVE mtts. But in truth i'm rarely in the right mind set to play them well. I can't get motivated to play them to best of my abilities unless the first prize is over a grand (sterling). I have had over a dozen first places with fields of 100+. first prizes have been between £150 and £1600. I have had several other big pay-out final table finishes inc. £7,500 for 2nd in krpto's big sunday night game. Despite all this, mtts are prob where i lose the most money. scrap "despite this" and replace with "because of this" .... basically since i started getting some good mtt results, i've spunking away a lot of money on them.

i play some cash - exclusively plo. dont know why, just feels a bit refreshing. play .1/.2 - .15/.25.

thats it for mo