Poker: Financial results for August 2012

Plan

My monthly targets are:
- Play 600 hands of cash on NLHE $0.50 Full Ring, 700 cash hands on PLO $0.50 6-max, all with target of breaking even
- Play 20 NLHE STT hoping for +10% ROI

Monitor

Overall results for the month:-

Pokerstars      :  -$ 199.81
Black Belt Poker:  -$ 257.97 (-£162.63)
Live play       :  -£ 176.87

Overall a horrendous looking month, and to be honest it is :)  although not quite as bad as it seems...

August was another one of those "funny" months, with holidays, new hobby taking up an evening during the week and a touch of man flu at the end of the month, all made it seem disjointed again.   It's difficult to keep a steady Poker rhythm in the summer with so much going on !

The live games were my normal Casino trip to the £35+5 game, but also BBP DTD Live II.   BBP was a great weekend away and actually my longest run in a BBP live event.  Written about it here already (http://sceaga.blogspot.co.uk/2012/08/holiday-nottingham.html) so won't dwell too much.   The normal Casino game also saw me have a decent run, but a bad beat did a lot of damage from which I never recovered. 

Pokerstars had more activity than normal, with my two new projects.... the WCOOP (http://sceaga.blogspot.co.uk/2012/08/poker-wcoop-2012my-poker-project-for.html) and also EPT aspirations (http://sceaga.blogspot.co.uk/2012/08/poker-ept-season-9-adventure.html)

My 8 Game cash is still pretty steady, showing $1.17 profit for the month.   This was despite one heavy losing session on the $4 tables early in the month, so recovered well in the end.

My WCOOP activities have seen $131 "invested" into satellites with two events secured (worth $324)  My WCOOP activities are all next week, so will report back separately.  Overall though, a good investment I feel

The EPT is a more speculative "investment", having spent $125.60 chasing the dream so far.    EPT Sanremo is no longer in consideration, so will be trying to qualify for EPT PCA (Jan 2013) later in the year

I also had time to mess around with a couple of other MTT tourneys, which actually netted a $55.62 profit, when I fluked 2nd place in a 5 draw Pot Limit tournament !   Was a lot of fun though.

Rolling 3 month total for 8 game cash is -$138.56, again due to the heavy loss in June... next month should shoot back up hopefully !

8 Game wins/losses by game type for August:
2-7        +70.50
Limit HE   -20.98
Omaha HL   -50.90
Razz       -14.50
Stud        -9.66
Stud HL    +22.46
NL HE      +21.47
PLO        -17.22

Razz and Limit HE seems to give consistent losses for me, with the other disciplines being a bit up and down.   Will be interesting to see if I can get more consistent in these areas.

BBP results break down as follows:

Cash results (-£81.15 overall)
NL Hold' em ($0.50)  114 hands   +£99.05
PLO         ($0.50)  363 hands  -£190.92
PLO8        ($0.20)  103 hands   +£10.72

Tournament Results (-£81.48 overall)

7x  MTT            -£3.53
2x   2 seat STT   -£20.06
5x   6 seat STT   -£43.87
1x  10 seat STT   -£14.02

Reflect

For Pokerstars, I'm still happy with my 8 game cash, but still got a lot of work to do on some areas.  These areas seem to change from month to month, but Razz and Limit HE seem to be definite areas where I need to focus now.  The EPT and WCOOP have been pleasant distractions, but have taken up some of my resources.  

For BBP, I have been distracted this month (again) and feel like I am lacking focus and discipline at the moment.   I have my moments, but am nowhere near being consistent.   The low level of sessions/hands played shows by how much I am losing the plot.  Although the actual numbers for my monetary results are pretty poor, the Omaha cash results were down to around 5 bad hands (some of which I should have won :) ) and the STT results are meaningless with the number played so can't really read to much into the one month.

Looking back, I've been moaning about being distracted by outside events since May, so really need to focus on... getting focused :)

Having said that, September will definitely be another bitty month, as have got holidays, two weeks of bedroom re-fitting and WCOOP to deal with !!   Fingers crossed.....

Adjust

- Try to get back to my normal routine and get some more volume in
- Study more on Razz and Limit Hold' em to improve 8 game cash results
- Keep studying Omaha and Omaha HL
- Rework Poker schedule as will miss Tuesday nights going forward

Performance against 2012 targets

* Keep to my revised Poker Plan
Didn't quite achieve all the numbers for Cash games in August

* Play BBP London Live and UKIPT Brighton tournaments
Played two BBP Live events this year

* Aim for break even month on month on all cash tables
NLHE near enough, PLO OK apart from odd poor month!, PLO8 inconsistent!

* Use learning tools and resources to learn and improve my NLHE, Omaha and PLO8 cash and tournament play
Am putting in the effort to do some learning.

* Avoid entering any BBP grading process !
Managed it this month :)

* Win a BBP league :-)
Looks like will be consistently missing Tuesday nights going forward

References
January 2012 results http://sceaga.blogspot.co.uk/2012/02/poker-financial-results-for-january.html
February 2012 results http://sceaga.blogspot.co.uk/2012/03/poker-financial-results-for-february.html
March 2012 results http://sceaga.blogspot.co.uk/2012/04/poker-financial-results-for-march-2012.html
April 2012 results http://sceaga.blogspot.co.uk/2012/05/poker-financial-results-for-april-2012.html
May 2012 results http://sceaga.blogspot.co.uk/2012/06/poker-financial-results-for-may-2012.html
June 2012 results http://sceaga.blogspot.co.uk/2012/06/poker-financial-results-for-june-2012.html
July 2012 http://sceaga.blogspot.co.uk/2012/07/poker-financial-results-for-july-2012.html