Someone asked so I'll post it, I still feel a bit uncomfortable about posting these though. On the one hand I know part of what makes this an interesting read is that I try not to hide anything and give an honest portrayal of the ups and downs of my poker career, and it wouldn't really work without going into actual numbers. On the other hand, well, exactly how much money I make is none of your damn business :-). I think I can still get the point accross without always being so specific. So I may have to be a little more vague about the exact numbers in the future (even if a lot of the data is available publicly elsewhere). Also, despite what it may seem like when I write posts like the one from Saturday, it's not generally something I like to brag about (except when talking to other poker playing friends it's become fairly standard to brag back and forth a bit). Anyways, enough rambling here's the graph already. March was another excellent month.
In other exciting news I finished 6th in the $1k tournament on Full Tilt tonight for $11K. I made a mistake on the final table bubble I'm kind of upset with myself about though. I'm just not closing these tournaments lately. Obviously there's a lot of luck involved, but that's why you need to make sure you're not making any mistakes near the end of these things, since even if you're playing perfectly the cards aren't going to fall your way a lot of the time.
Mike
7 comments:
Which game do you have a higher profit margin, cash or tourney?
If I have a $1000 bankroll, what NL cash game should I play if I just wanted to make like $100/day?
I'm making a lot more money in cash games right now. There are not enough online tournaments with really big buyins that I could ever compete with my current cash game winrate solely at tournaments, with the possible exception of Sundays.
With a $1000 bankroll you wouldn't want to play higher than .1/.25 or .25/.5 NL without substantial risk of going broke. I doubt $100/day is feasible at these limits unless you can play a lot of tables at once.
build up to a few grand before you plan to avg $100/day. Play SNGs or cash, whatever you're better at, there is no obvious answer
Sorry I meant $1000 max buy-in, playing $2/4, $3/6, $5/10 NL. Sound reasonable for $100/day avg? I'm looking at this as a secondary income, not a get rich quick scheme kinda thing.
I'd think $100/day should be easy at any of those limits *if* you're a solid winning player and you can play at least 2 or 3 tables at once for a few hours a day. My best advice is to look through the tables at all those limits and find the softest games, whether they're 2/4 or 5/10. Even some of the midstakes games can be pretty tough these days, table selection is an important skill.
Any sites you can refer me to??
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