Sunday, March 31, 2013

Poker: Financial results for March 2013

financialChart

Plan

My monthly targets are:
- Play 800 hands of cash on NLHE $1 6-max (Speed) with target of breaking even
- Play 6400 cash hands on PLO $0.50 6-max (Zoom) with target of breaking even
- Play 20 NLHE STT hoping for +10% ROI

I have changed my targets this month.  It's a bit aggressive on the PLO, but want to give it a try for a month and see how it goes (time and money wise!)

Monitor

Overall results for the month:-

Pokerstars      :  +$ 1000.63
Black Belt Poker:  +$  101.66  (+£66.87)
Live play       :  -£ 2109.00

I played the UKIPT High Roller, which accounted for the huge loss.  This was a special one-off and didn't come out of my Poker Bankroll so could claim it shouldn't be included in my normal monthly results....  The normal monthly game up the casino was a better result, finishing 6th for net profit of £41

Pokerstars results break down as follows:

Cash results (+$865.22 overall)
8 Game    ($2.00)              +£  71.70
PLO Zoom  ($0.50)  3214 hands  +£ 793.52

Tournament Results (+$135.41 overall)
1x  STT (8 Game)                     +$  8.95
1x  STT  (Micro Millions sat)        -$  2.50
1x  MTT (NL HE)                      +$142.61
2x  MTT (Micro Millions sat)         -$  0.91
8x  MTT (MIcro Millions Main Events) -$ 12.75

For Pokerstars, I was tempted into playing some of the Micro Millions events....  The distraction wasn't too expensive as used my FPP to satellite into the main events in half the events.   I also decided to play PLO cash mostly on Pokerstars now, as iPoker is difficult to get a game sometimes.   For some unknown reason I seemed to go on a PLO heater !!

8 Game wins/losses by game type for this month:
2-7        - 8.44
Limit HE   +12.26
Omaha HL   -19.13
Razz       + 1.47
Stud       +62.10
Stud HL    +54.13
NL HE      + 6.17
PLO        -36.86

BBP results break down as follows:

Cash results (+£54.37 overall)
NLHE Speed  ($1.00)  425 hands  +£19.51
NLHE Speed  ($0.50)  273 hands  +£31.39
PLO         ($0.50)  144 hands  +£ 3.47

Tournament Results (+£12.50 overall)
4x   MTT            +£ 46.16
4x  10 seat STT     +£  0.71  Maui Jackpot
13x   6 seat STT    -£ 34.37  Rio Jackpot

Reflect
What can I say !   March was a fantastic month for me results wise.  I also felt I was (in the main) playing well.   The High Roller was always a shot and had little chance of cashing, but it was a one off that had to be done.   Not sure what happened to my PLO game.  Although one good month doesn't make me a good player, when reviewing the hands I am still happy with my play overall, so hope it will continue in the right direction.  I am intending to push my PLO cash game in April, to see if my game really does hold up when I put more volume in.   I am also trying to transition to NLHE $1, so volume will be down whilst I adjust

Adjust
I want to push myself a bit with NLHE cash by going up to $1 buy-in,  and also push myself in PLO cash by pushing the volume.   If it all collapses around my ears, will just have to revert back to previous levels.

My MTT/STT is suffering a bit, but with my current situation it is a lot easier for me to play Cash and a few STT than be involved in a MTT.  Will need to keep an eye on this part of my game as well, maybe just do the BBP League games for a while. 

Targets

*  Keep to Poker Plan
STT/MTT results are a little disappointing, but have got the volumes in.  

*  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, concentrate on NLHE and 8 Game
Achieved this month, apart from getting side tracked by Micro Millions :)

References
January 2013 http://sceaga.blogspot.co.uk/2013/01/poker-financial-results-for-january-2013.html
February 2013 http://sceaga.blogspot.co.uk/2013/03/poker-financial-results-for-february.html

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