Tuesday, October 09, 2012

Poker: Financial results for end of third quarter - September 2012

financialChart

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 three quarters to end September 2012:-

Live Play         -£355.66
  8 tournaments
  Three cash sessions

Pokerstars    +$966.23
  Cash (Mostly 8 Game)   +$42.65
  MTT  (Mostly WCOOP#18) +$1062.84
  STT  (Mostly sats for EPT, WCOOP and SCOOP) -$139.26

BBP       -£682.82

Cash  -£683.12
  NLHE    +£44.42  3966 hands  (target 5400)
  PLO    -£607.96  5647 hands  (target 6300) 
  PLO8   -£119.58   670 hands

MTT  +£86.87

STT -$86.57
  46x  2 seat -£21.64
  40x  6 seat -£28.37
   1x  9 seat -£17.34
  40x 10 seat -£19.22

Reflect

I am a little down on the number of hands for cash, but not too far out.  The financials for PLO are pretty grim reading, but recent results have been OK, so hopefully am improving my game

The STT results are a little disappointing, but actually a win or two away from being break even, but clearly need more work !

Adjust

A lot of the losses from PLO are already being addressed (having stopped playing Heads Up ! Smile )  and my PLO8 game is also improving gradually, so hope to make up some of the heavy PLO losses.  

Will be trying to play STT more regularly and am studying strategy (ICM) a bit more as well, so lets see if I can turn the loss to profit by the end of the year


Performance against 2012 targets

* Keep to my revised Poker Plan
Didn't achieve the numbers for Cash games, but not too far off so all things considered,  OK

* 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 recently 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 :-)
Still trying….

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
August 2012 http://sceaga.blogspot.co.uk/2012/08/poker-financial-results-for-august-2012.html
September 2012 http://sceaga.blogspot.co.uk/2012/09/poker-financial-results-for-september.html

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