Thursday, January 15, 2009

NL100 baby!!!

Well, I just tipped over the 30 BI's for NL100, and that's even with a bonus cleared and not in my account yet and another $250 bonus half redeemed. So I'm officially taking a pretty big shot at NL100, and realistically hope not to step back down, but will if required. I haven't quite worked out what the amount I'd have to drop would be, but something like $6-700 after just starting a level would be enough to realise it's not working out I think.

Funnily enough I'm already playing NL100. I decided at 28 BI to start taking a shot, and sure enough ran good and finished up 1.5 BI at OnGame. As from memory the players were dreadful, and it was going to take very big coolers or suckouts to stop me from winning tonight. It wouldn't surprise me if some of these players hadn't played poker much. I have a theory some gamblers can't stomach playing 10c blinds to build up their skills and bankrolls and instead step into the $1 games as $100 is a decent amount to win or lose, and they aren't upset by losing $100. Of course online poker is rigged when they do lose. Tonights play pretty much confirmed that, and I really hope to find these players in the future months.

I quit right on the border of having 30 BI's, but decided to play a few hands of Absolute to make sure I have covered the PSO bonus. I'm not sure, because Absolute shows status points for the months and credits for lifetime. I think PSO pays if you clear enough status points, so I really don't know if I definitely made it, but my maths say I should be clear. I got on live chat with Absolute, which was the funniest conversation, and left me with "absolute"ly no faith in the people behind this sites. Still I thought I'd just grind a little more to be sure, at NL50 there. I ran up a 1.2 BI profit in no time to make sure the 30BI mark was well and trully crossed.

So with the goals, I have firmly set myself to play NL100 4 tables and that hasn't changed. NL200 isn't a concern, as I can make a decent wage from NL100, so I plan to withdraw a lot of my money above what I need in the coming months. Obviously I won't hold myself back, but if I was rolled to play NL200 by mid year and was playing well enough (big IF there), I'd be very happy. I'd have to grow my BR to $6K, so I'm going to make the tentative goal to withdraw a decent chunk, and keep my BR growing by an average of $500 a month after Jan. End of Jan I'll take out anything above $3K (hopefully it will still be above).

So how will I do that and what can I expect if I'm good enough to do this? Firstly, I need to get 4 tables going. I'm getting comfortable at 3, but will need to get more comfortable before even thinking about 4. That's one part. Secondly, I need to play well enough to make at least 5ptbb/100. I figure 10 hours a week at 350 hands an hour is 3500 hands. 3500 hands * 22 weeks = 77000 hands. So if I could get to profitably 4 tabling in 4 weeks time, I can expect $7700 profit up until mid year, for which I'd have taken out around $4.5K and left the rest in the bankroll to move up a level mid year.

This sounds great in theory. I'd love to fast forward to mid 2009 and see just what eventuated from all these goals :) I'll put a reminder in my phone to look up this blog post and see how well I predicted my next 6 months.

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