Poker: Financial results for January 2013

Plan

My monthly targets are:
- Play 600 hands of cash on NLHE $0.20 Full Ring or 6-max, 600 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      :  -$  497.94
Black Belt Poker:  -$   43.95 (-£27.72)
Live play       :  +£    0.00

For Pokerstars, cash was 8 Game -$4.44 and Zoom PLO -$47.17

8 Game wins/losses by game type for January
2-7        +72.50
Limit HE   -16.11
Omaha HL   -43.48
Razz       -20.30
Stud       +16.27
Stud HL    +25.87
NL HE      -17.11
PLO        -22.08

The Pokerstars tournaments are mainly trying to qualify for EPT -$312.13, TCOOP -$158.30 (http://sceaga.blogspot.co.uk/2013/01/poker-tcoop-campaign.html)  There were also 1x NLHE MTT at -$8.00, 1x 5 card draw MTT at -$5.50 but had success with 1x 8-game MTT at +$37.60

BBP results break down as follows:

Cash results (+£37.04 overall)
NLHE Speed  ($0.20)  1330 hands   -£37.13
NLHE 6-Max  ($0.20)    62 hands    +£0.79
PLO         ($0.50)   407 hands   +£73.38

Tournament Results (-£64.76 overall)
6x   MTT           -£ 8.22
8x   10 seat STT   -£14.40  L4 steps  (won 3)
11x  10 seat STT   -£16.55  Maui Jackpot
16x   6 seat STT   -£25.59  Rio Jackpot

Reflect
Pokerstars 8 game cash I'm still relatively happy with.   The small hand volume is tricky to make definitive decisions but still looks like Limit HE and Omaha HL are the main areas that need improvement.  Speed PLO still needs more discipline, but dropping two buy-ins seems within reasonable variance (and is half my losses from last month :) )  The TCOOP was a distraction but was fun to play.   EPT is my main ambition   Spent $106.22 last month as well, so have spent a total of $418.35 trying to satellite so far.  The dollar equivalent of direct buy-in is around $8700 (so have spend about 4.8% so far)   I do need to make sure I don't get carried away in the excitement of trying to qualify, but am probably happy to spend another $200 in February before resigning myself to the direct buy-in

BBP volume for NLHE cash is above target, as am only able to get Speed Poker cash games now.   I did drop a couple of buy-ins but not too bad.   Didn't manage to quite get enough PLO cash hands in but the results are pleasing, with another month in profit.    With my other commitments, I don't get to play many MTT, but on the STT decided to play the L4 steps to try and get a cheap buy-in to $10 MTT.  As it happens I am ahead of the game with 3 wins in 8 attempts (need to win 1 in 3 to break even)  It is quite a bit of effort for relatively little reward, but is quite good fun (and cheap) game to play.  I also decided to focus on the Jackpot STT Maui and Rio, again down to not many decent games being available.   In the main I think I am playing these games pretty well, but have been getting a little frustrated at times - not only with bad beats but when folding garbage hands and flopping huge hands.  Making the right play of course, but when you would've tripled up and likely won the game it can be a bit tilting at times !

Adjust

For Pokerstars, will be focusing on EPT satellites and the cash games.  Do need to adjust my Zoom PLO game still

BBP just need to carry on as I did this month really.   Hopefully the results will improve for February

Targets

*  Keep to Poker Plan
Have just about done this

*  Focus on less variants of cash games
So far, so good
 
*  Break even on all cash games
Not consistent enough yet, but getting there

*  Fiddle around less with MTT/STT variants
Achieved this month