Friday, December 30, 2011

Poker: Financial Results for December 2011

financialChart

November saw an upturn in results for me which was pleasing, but wanted to continue the good work this month.

Plan

My monthly targets are:
- Play 700 hands of cash on NLHE $0.50 Full Ring, 700 cash hands on PLO $0.50 6-max and 350 hands PLO8 $0.50 6-max, all with profit target of 2 BB per hour.
- Play 20 STT hoping for 10% ROI (around $20 per month)

Monitor

Overall results for the month are:

Pokerstars : -$121.80 (£79.00)
Black Belt Poker : +$31.22 (£20.64)
Live Play : +£570.00

PokerStars I had 4x 8 game cash sessions, winning in two of them,  but still posted a loss of -$29.20   I also played 4x 8 Game STT, cashing two of them so ended with profit of +$7.40   The big loss came from a NL HE cash session where I dropped $100.  This was a special one-off where I played super aggresively and although I learned a lot, it didn't work out financially for me :)

For Black Belt Poker, the results were:

Cash Results (-£5.33 loss overall)

NLHE ($0.50) 412 hands +£54.12
PL Omaha ($0.50) 199 hands -£51.46
PL Omaha HL ($0.50) 204 hands -£7.99

Tournament Results (+£25.97 profit overall)

4x MTT -£14.09
4x 6 seat STT -£9.38
2x 10 seat STT +£49.44

Reflect

I didn't get that many sessions in December, so the volume is pretty low making it difficult to come to much of a conclusion.  

Overall (setting the $100 one off to one side) my Pokerstars and BBP worked out break-even, which is a bit disappointing overall but for a small sample isn't actually a bad result.  My live cash was fantastic and obviously very welcome.   I am putting most of the winnings to my UKIPT Brighton fund, so will be playing that in 2012 for sure :)

Adjust

December was an OK month, with only small pluses and minuses (apart from my big win) so nothing new to aim for next month.   Need to keep up my concentration on NLHE cash, get more consistancy to my PLO cash and simply just improve my PLO8 Cash game.   

I need to take stock on my overall 2011 performance and decide where to aim for 2012, so will do a seperate write up about my 2012 direction.


References

January 2011 results http://www.blackbeltpoker.com/blogs/read/259109/sceaga/Financial-results-for-January-2011
February 2011 results http://www.blackbeltpoker.com/blogs/read/294043/sceaga/Financial-Results-for-February-2011
March 2011 results http://sceaga.blogspot.com/2011/04/poker-financial-results-for-march-2011.html
April 2011 results http://sceaga.blogspot.com/2011/04/poker-financial-results-for-april-2011.html
May 2011 results http://sceaga.blogspot.com/2011/06/poker-financial-results-for-may-2011.html
June 2011 results http://sceaga.blogspot.com/2011/06/poker-financial-results-for-june-2011.html
July 2011 results http://sceaga.blogspot.com/2011/07/poker-financial-results-for-july-2011.html
August 2011 results http://sceaga.blogspot.com/2011/08/poker-financial-results-for-august-2011.html
September 2011 results http://sceaga.blogspot.com/2011/09/poker-financial-results-for-september.html
October 2011 results http://sceaga.blogspot.com/2011/11/poker-financial-results-for-october.html
November 2011 results http://sceaga.blogspot.com/2011/12/poker-financial-results-for-november.html

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