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ILuv Takes On Cowboy's Challenge -- For Real

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ILuv Takes On Cowboy's Challenge -- For Real - Tue Nov 01, 2011, 11:41 AM
(#1)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
I'm posting here to announce my intent to complete 19honu62's November challenge to play 100 games of one type of tournament within the month and increase my starting bankroll by 25 buy-ins.

I will be doing $1.50 9-man SNG's. My starting bankroll for this challenge is $75.00 (50 buy-ins) -- although I have a bit more at the cashier's for other games, I will consider the 75 to be dedicated to this project.

So, increasing by 25 buy-ins over 100 games means the target profit for $1.50 SNG's is $37.50, or a total bankroll of $112.50.

I will record each and every 9-man $1.50 SNG I play, and report the results in this thread, for better or for worse.

Why am I taking this on now, when just a few weeks ago I didn't think I was up to it? Well, the answer is that my play quality and profitability have increased over the last several weeks, and I have more than tripled my starting bankroll of $25.00 playing a variety of games, so I think I actually have a shot at accomplishing the challenge.

More to come...

Wish me luck and good decisions!

~Luv
 
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Tue Nov 01, 2011, 11:47 AM
(#2)
BandShooter's Avatar
Since: Jun 2011
Posts: 111
Good Luck Luv. You're doing the same type of tourney's as both MEVpaul and myself, so hopefully we either see each other at the table's and dominate the compitition, or avoid each other completely and all win!

L8r,
 
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Tue Nov 01, 2011, 01:36 PM
(#3)
MEVpaul's Avatar
Since: Jul 2011
Posts: 143
BronzeStar
Yeah gl every1 try the KO games if u finish 1st u usually take home more than the standard $5.81
 
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Results Nov 1 - Tue Nov 01, 2011, 10:18 PM
(#4)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
Thanks, everyone, for your encouragement. Today wasn't a spectacular day...I barely broke even.

Starting with $75.00:

Date ID Type Fee Place Net Balance
11/1/11 462972754 SNG 9 $1.50 2 $1.98 $76.98
11/1/11 462973005 SNG 9 $1.50 5 -$1.50 $75.48
11/1/11 463149667 SNG 9 $1.50 4 -$1.50 $73.98
11/1/11 463150219 SNG 9 $1.50 5 -$1.50 $72.48
11/1/11 463203680 SNG 9 $1.50 5 -$1.50 $70.98
11/1/11 463204131 SNG 9 $1.50 1 $4.31 $75.29

Today's overall result: 6 tourneys, 2 cashes, net profit 29 cents.

Bad beats? More than a few.

Suck outs? A few.

Major mistakes? One.

TBC...
 
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Wed Nov 02, 2011, 10:14 PM
(#5)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
Not a bad day today, although I only had time for 4 games.

(I've got a big bellydance show coming up this Friday, so I've been juggling a lot of things this week; that's why I've been missing some training sessions and not playing as much.)

Anyway, here they are (starting with $75.29 from yesterday):

Date ID Type Fee Place Net Balance
11/2/11 463391304 SNG 9 $1.50 3 $0.82 $76.11
11/2/11 463391343 SNG 9 $1.50 7 -$1.50 $74.61
11/2/11 463663731 SNG 9 $1.50 2 $1.98 $76.59
11/2/11 463663747 SNG 9 $1.50 1 $4.31 $80.90

Today's overall result: 4 tourneys, 3 cashes, net profit $5.61.
 
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Wed Nov 02, 2011, 10:37 PM
(#6)
joy7108's Avatar
Since: Jul 2010
Posts: 2,286
nice going, keep it up!!

 
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Thu Nov 03, 2011, 09:50 PM
(#7)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
Quote:
Originally Posted by joy7108 View Post
nice going, keep it up!!

Thanks, Joy!

Today would have been discouraging, except for the fact that in all 3 of my 4th place finishes, there were significant hands in which I got it in good and the opponent sucked out. So, I'm not really looking at these as losses in an emotional or strategic sense, since I know I made +EV plays, and the opponents will be back to call with worse again.

The 5th place finish really was my fault, as I played a couple of hands doing my best imitation of a calling station, getting in too deep with weak holdings.

Soooo.....here are today's results (starting with $80.90 from yesterday):

Date ID Type Fee Place Net Balance
11/3/11 463835186 SNG 9 $1.50 5 -$1.50 $79.40
11/3/11 463835257 SNG 9 $1.50 1 $4.31 $83.71
11/3/11 463922331 SNG 9 $1.50 4 -$1.50 $82.21
11/3/11 464012398 SNG 9 $1.50 4 -$1.50 $80.71
11/3/11 464013279 SNG 9 $1.50 2 $1.98 $82.69
11/3/11 464089933 SNG 9 $1.50 4 -$1.50 $81.19

Today's overall result: 6 tourneys, 2 cashes, net profit 29 cents.

TBC...I'm taking tomorrow completely off of poker because of the big dance show; will be back at the tables on Saturday!

Good luck to all others working on the challenge!

Last edited by ILuvPoker77; Thu Nov 03, 2011 at 09:52 PM..
 
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Thu Nov 03, 2011, 09:58 PM
(#8)
TrumpinJoe's Avatar
Since: Jun 2010
Posts: 4,557
Quote:
Originally Posted by ILuvPoker77 View Post
Today would have been discouraging, except for the fact that in all 3 of my 4th place finishes, there were significant hands in which I got it in good and the opponent sucked out. So, I'm not really looking at these as losses in an emotional or strategic sense, since I know I made +EV plays, and the opponents will be back to call with worse again.
Focusing on making +EV plays, aka good decisions, is a huge step forward in one's poker progress. You are focusing on what you can control, YOUR decisions, and not what you can't control, your opponent's decisions.

Congratulations!
 
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Fri Nov 04, 2011, 07:43 AM
(#9)
19honu62's Avatar
Since: Jul 2010
Posts: 1,770
Luv,

You are not telling the whole truth as to why you are continuing here so I will expand. This young lady has shown a great amount of ability to take the advice she has been receiving from many sources ( live training, videos, reading etc ) and turning it into profits. In other words she is working hard to identify her leaks, plug them and grow in her game through learning and becoming a student of the game!

Ten gallon hats off to you Luv!

Gidee Up!
 
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Fri Nov 04, 2011, 04:38 PM
(#10)
Moxie Pip's Avatar
Since: Aug 2010
Posts: 3,853
Quote:
Originally Posted by 19honu62 View Post
Luv,

You are not telling the whole truth as to why you are continuing here so I will expand. This young lady has shown a great amount of ability to take the advice she has been receiving from many sources ( live training, videos, reading etc ) and turning it into profits. In other words she is working hard to identify her leaks, plug them and grow in her game through learning and becoming a student of the game!

Ten gallon hats off to you Luv!

Gidee Up!

+1

Obvious from her posts here and in her October thread on the Challenge "warm-up" that Luv is a player who is willing to be open about the areas where she feels she needs to improve and lay bare for all to see her thought process.

If determination and "want-to" count for anything (I think any successful player will tell you that they count for a lot...) then I think Luv is going to have happy future in this game.
 
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Sat Nov 05, 2011, 10:22 AM
(#11)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
Quote:
Originally Posted by TrumpinJoe View Post
Focusing on making +EV plays, aka good decisions, is a huge step forward in one's poker progress. You are focusing on what you can control, YOUR decisions, and not what you can't control, your opponent's decisions.

Congratulations!
Thank you, Joe -- I think you're right!

Quote:
Originally Posted by 19honu62 View Post
Luv,

You are not telling the whole truth as to why you are continuing here so I will expand. This young lady has shown a great amount of ability to take the advice she has been receiving from many sources ( live training, videos, reading etc ) and turning it into profits. In other words she is working hard to identify her leaks, plug them and grow in her game through learning and becoming a student of the game!

Ten gallon hats off to you Luv!

Gidee Up!
Wow -- that means a lot coming from you, Cowboy. Yes, I am working hard and willing to continue working hard.

Quote:
Originally Posted by Moxie Pip View Post
+1

Obvious from her posts here and in her October thread on the Challenge "warm-up" that Luv is a player who is willing to be open about the areas where she feels she needs to improve and lay bare for all to see her thought process.

If determination and "want-to" count for anything (I think any successful player will tell you that they count for a lot...) then I think Luv is going to have happy future in this game.
Thanks so much for your kind wishes, Moxie! I'm not a poker "natural", that's for sure, but I've learned you can get a lot accomplished in life with effort and determination, even if you are not a prodigy at everything, and I'm starting to see that philosophy holds true for poker as well.
 
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Sun Nov 06, 2011, 11:04 AM
(#12)
royalraise85's Avatar
Since: Jul 2011
Posts: 26,022
(Community Coordinator)
I really enjoy reading your posts Luv and best of luck with the rest of the challenge.
 
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Sun Nov 06, 2011, 11:03 PM
(#13)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
Thanks, Royalraise!

Well, there's really nothing else to say except that I pretty much had a godawful poker day today. I lost a small amount of money, and I lost 5/6 of the SNG's I entered.

But that wouldn't concern me if I could blame it on variance.

What concerns me is that I made a number of serious mistakes, all along the lines of overvaluing hands. Not only did I get it in bad with pocket tens and overcards on the board (headdesk), but in other games I built a big pot with trip A's and lost to a straight, overplayed a flopped set of 5's on a flushy board...I actually overbet the pot on the flop (it was a very small pot) to discourage drawing, but my opp. called and hit his flush on the turn and I wasn't smart enough to wave the white flag and check instead of betting the turn AND the river...and then there was the all in "re-steal" with pocket 5's from the BB over a SB raiser who had not been stealing regularly and had actually given me quite a few walks...he turned over JJ and it was SO not worth risking my stack to make that move...I had plenty of chips before that hand.

Anyway, sorry for the run-on sentence above, but you get the idea.

In almost every case, I had a healthy stack and was doing well, then majorly bungled it.

I'm so frustrated with myself I can't see straight...I am so tempted to play "one more game" to try to recover my losses, but I know that's a bad idea. I've made enough mistakes for one day.

So. At this moment I don't really know what I'm going to do.

I did do quite well in the 2PM Premier League tournament today, which was encouraging in terms of my ability to play poker.

I know I don't completely suck. I have a fair amount of knowledge and skill by now.

But if I don't stop making these lame mistakes, I'm never going to get anywhere.

So, without further ado, I present today's embarrassing results (starting with $81.19 from Thursday; I didn't play any poker at all on Friday or Saturday):

Date ID Type Fee Place Net Balance

11/6/11 465317361 SNG 9 $1.50 4 -$1.50 $79.69
11/6/11 465318023 SNG 9 $1.50 4 -$1.50 $78.19
11/6/11 465351209 SNG 9 $1.50 1 $4.31 $82.50
11/6/11 465351237 SNG 9 $1.50 8 -$1.50 $81.00
11/6/11 465566335 SNG 9 $1.50 6 -$1.50 $79.50
11/6/11 465566375 SNG 9 $1.50 4 -$1.50 $78.00

Today's overall result: 6 tourneys, 1 cash, net profit = minus $3.19.

TBH I haven't kept up with how others are doing on the challenge, but I know I'm way behind.

I don't feel like analyzing where I would need to be to be on target right now, though.

GL to anyone who is succeeding at this!

Last edited by ILuvPoker77; Sun Nov 06, 2011 at 11:06 PM..
 
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Interesting Analysis - Tue Nov 08, 2011, 01:04 PM
(#14)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
So. I took a couple of days off of poker and poker training, just to cool my heels and get my head clear.

I realized that, since I entered this challenge based on some good results I had during the month of October, and since I had played a variety of game types during the period of time that I made a profit, I should analyze that period of time and see which types of games were the most profitable.

The results of my analysis are rather astonishing.

During the period between 10/16 to 10/27, I increased my bankroll from $25.00 to $90.37.

Now, part of that was going deep in a 10FPP tournament and winning $19.50. So I'm going to consider that data point an outlier, and say that for practical purposes, the bankroll increase was:

$25.00 (starting) + $45.87 (profit) = $70.87.

This is still a 283 percent increase in bankroll.

What accounts for it?

Well, here's the breakdown:

Game types in which I lost money:

5 Premier Qualifier Tournaments, no cashes, net profit -$5.50

2 ($1.10) 30 Minute Timed Tournaments, no cashes, net profit -$2.20

Game types in which I made money:

22 ($0.25) 45 Man SNG's, 6 cashes, cash % 27, net profit $10.29, average profit per game $0.47

9 ($1.10) 15 Minute Timed Tournaments, 4 cashes, cash % 44, net profit $8.05, average profit per game $0.89

*******************************

and here comes the really interesting one:

40 ($1.50) 9 Man SNG's (regular speed), 22 cashes, cash % 55, net profit $35.23, average profit per game $1.14

First Place Finishes: 11
Second Place Finishes: 5
Third Place Finishes: 6


Okay. Based on this, itt seems obvious to me that I am capable of making a profit playing $1.50 9 man SNG's!!!

The question is, what changed between 10/27 and today?

Well, from 10/28 to 10/31 I pretty much maintained the same bankroll, suffering neither steady profits nor losses during that time.

During the first 7 days of November, I have suffered steady losses.

Between 10/1 and 10/15 I was steadily losing, then stood back and re-evaluated my game. I determined that I was playing much too tightly, playing scared, always giving opponents credit for the hands they represented, being predictable, easily rangeable, and bluffable...all things the weak TAG or nit needs to get over if they want to make a profit.

So I adjusted my game.

And apparently the adjustments worked.

So, what has happened since then? Well, I think I've swung too far in the other direction. I'm playing TOO loosely, not giving opponents ENOUGH credit for hands they're representing, and underlying it all is a frustration with how difficult it can be to classify some opponents and figure out what they're doing, so I can play back at them effectively.

Also, deciding to participate in the challenge has, I believe, caused me to put undue pressure on myself, which colours my logic and ability to make rational decisions. If I start two games and think to myself, "I HAVE to cash in at least ONE of these", then I am more likely to try to force that to happen, rather than just play the game.

Therefore, I have decided to withdraw from the challenge and pursue my own game, at my own pace, with no specific goal except to move back from being a losing player to being a winning player, and improving my playing skills steadily over time.

I hope this makes sense, and thanks everyone for your understanding and support!

Last edited by ILuvPoker77; Tue Nov 08, 2011 at 01:09 PM..
 
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Tue Nov 08, 2011, 05:28 PM
(#15)
royalraise85's Avatar
Since: Jul 2011
Posts: 26,022
(Community Coordinator)
It makes perfect sense Luv and what a breakdown on play for profit. I'm going to take away a lot of food for thought from that last post.


Last edited by royalraise85; Tue Nov 08, 2011 at 05:31 PM..
 
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Tue Nov 08, 2011, 08:18 PM
(#16)
TrustySam's Avatar
Since: Aug 2010
Posts: 8,291
BronzeStar
Luv, you're doing so amazing with your mindset and approach and all that - so incredible that you've only been playing like 3 months? Wow! I was donking around for a good 6 months before I even noticed there were resources and stuff to help get better ... then it took me another 6 months before it dawned on me that I should be thinking about the bottom line and stuff. Quite honestly, I'm still donking around more than I should be - which is why I guess the challenge has been such a godsend for me ... helps me stay disciplined and stuff

'withdraw' is such of a strong word - I avoided using it when I stopped in October, because my commitment to learning and trying to find a 'go-to' game, and try to become profitable and all that hadn't changed. But stopping rather than continuing to play offered that chance to evaluate, analyze, all that good stuff - it sounds like you still intend very much to do that, right? So that's great!!

Sometimes the variance can get kind of discouraging and leave me frustrated. And then omg, some of the decisions I make - yikes! So I try to keep it fun and fresh and stuff - so easy on Stars what with so many fun things happening all the time. Like there was the 70 billion hand giveaways, and now there's all the birthday celebration things going on ... lots of different ways to practice and learn and grow, and have fun too

GL at the tables!!

Last edited by TrustySam; Tue Nov 08, 2011 at 08:35 PM..
 
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Wed Nov 09, 2011, 05:44 PM
(#17)
ILuvPoker77's Avatar
Since: Sep 2011
Posts: 84
Thank you, Royalraise and Sam. I appreciate your positive thoughts.
 
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Wed Nov 09, 2011, 06:59 PM
(#18)
19honu62's Avatar
Since: Jul 2010
Posts: 1,770
Luv you know what is best for you. You can take the challenge anytime!

Gidee Up!
 

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