Grinding it out, one day at a time

You’re probably wondering WTF that title is all about so I shall explain! As you’ve probbaly read in previous posts my laptop is about 4 years old and wasn’t the greatest thing in the world when it was new! Because of the resolution etc I can only run 1 table without having horrendous overlap which is definitely -EV! At my current site, Full Tilt, I get 27% of my rakeback but can only realistically play 1 table comfortably and keep my eye on the action but at somewhere like Poker Stars I can play 4 on one screen and keep up with things due to there resizeable tables. I believe that by playing at Stars I can build my bankroll quicker than staying at a site where I get rakeback. Here’s some maths for you!

I believe I can hit 10PTBB/100 at 6-max NL10 on Full Tilt. This equates to $0.02 per hand. Say 80 hands an hour, this means I should be earning around $1.60 per hour played. 27% rakeback adds around 1PTBB/hour to your win rate (saw this posted on 2+2 somewhere) so this should take my potential earn rate to $1.80/hour.

Now say I play at Stars where I can play 4 tables and therefore hit around 300 hands an hour. My earn rate may drop to say 6PTBB/100 which is $0.012 per hand but because of the increase of hands my win rate should be around $3.60 per hour, twice what it would be at Full Tilt! Add to this that Stars currently has a 25% reload bonus which at 6-max NL10 clears at around $0.40/hour, this adds $1.60 per hour so potentially I could be hitting $5.20/hour compared to the $1.80 at Full Tilt!

With this in mind I have withdrawn from Full Tilt and put my bankroll into Poker Stars. My total online roll is now $497.14 but I may have to dip into this in the New Year as my spending has gone a little crazy once more! I plan to play 4 tables of 6-max NL10 until I hit $625 where I will make the jump to NL25. Once I earn enough cash to treat myself to a new setup I’ll probably return to Full Tilt or a similar site and multitable and get rakeback!

Good luck at those tables!

I played 135 hands of 6-max NL25 last night on Full Tilt and walked away with $3.75 which works out at 5.56PTBB/100. I’m not going to be able to retire anytime soon but it’s better than a kick in the teeth! I would have turned an extra $12 if it hadn’t have been for the following hand.

Villain in this hand was running at 13/3/2 over 60 hands and hadn’t really stepped out of line at any point, just seemed a bit of a nit. Anyway I raise to $1.50 to loose the guy who had just posted and Villain flat calls. Flop isn’t too bad but I have to bet out here and he flat calls which gets me thinking. The turn brings another 5 which doesn’t really bother me as it’shighly unlikely to have helped him unless he’s called my raise PF with 33 or KK both so unlikely I dismissed them. I am very worried about AK here though as he’s that tight he’s only re-popping preflop with KK+. When he flat calls my turn bet I know I am beaten and I think this is confirmed when he pushes on the river. I don’t think he’s capable of floating me here and I think it’s a good fold, how about you guys?

Well that is the last of the poker I’ll be playing this year. I have work behind the bar tonight which will be pretty busy and then tomorrow is New Year’s Eve which is madness for the pub trade as you can imagine and I plan on being a lot pissed so that is me done! I do have the first week in January off where I plan to get my challange off to a flying start and hopefully log around 10k hands.

Thanks to the readers and visitors of this blog and I sincerely wish you all the best for the coming year. I hope it is everything you want it to be and more besides.

Happy New Year all