July Goals

[jjgoldy5 0]

My goals for July:Sitting on 1,150 BR now Going to be on vacation for 10 days so that leaves about 2 weeks.I'd like to see the upperside of 1500 playing O8 cash games / tournies... I am still learning this game (I have a LOT to learn) but am still making a killing...and I think I actually ran bad last month.I'm really going to concentrate on playing O8 at a top-level by next year and make a run at it in the WSOP.I'll play some NLHE SNGs and MTTs to mix it up, but its mostly O8 for me.I've been playing mostly PLO8 and NLO8, so I need to work on my LO8 game in the future. If I don't get to that this month, I will make a hard push at it next month.I am going to stick to 25/50/100 NLO8 and PLO8 tables...only sitting at 25/100 if the games look nice and juicy.

[Abbaddabba 0]

i actually had a good day yesterday - got in 2500 hands of pretty decent play, won at all 3 sites, and still got out in time for drinks with friends. i'm hoping to be able to get in close to 2K hands a day even if i'm going out in the evening, but i'm usually too lazy. will probably only get 6-7K hands in before the 10th or so this month, so slow start.

I... crush you. I already have 7k hands under my belt for the month, and ill probably get it to about 10k by the 10th. Maybe more.

[hotbacon 0]

My goal is to be playing 10/20 and getting close to 15/30 by the end of the month.BTW, already +250ish BB this month, all in 5/10. And I have you both crushed. I've already played 20k hands haha. I'll be lucky to get in 1k more by the 10th though.

[screech 0]

Laugh out loud.Do you ever stop and think about students in a similar situation as you working part time 20 hours a week pumping gas to earn what you make (on average) in about 15 minutes? And damn - 50k hands a month is a LOT of poker.

Yeah, 50k hands is a ton. Depending on how many tables you play, thats like 75-100 hrs a month. I could never put that much in.BTW, I disagree with the whole thinking thats how much people so and so makes an hour line. For starters, online poker is a quickly depleting resource. These are the days to make your money. Poker bots, laws, poker skil increasing, and poker interest decreasing means there isnt to great a span to make $x/hr before you have to think about the real world (unless you play pro live). If that makes any sense.

[iggymcfly 0]

I don't think it's going to dry up that fast. There's a large player base of donks that plays regularly at casinos, and throws their money around, but doesn't quite feel comfortable playing cash games online yet. And there are small-stakes live games starting everywhere ow that are introducing more people to the game. I think as security and credibility of online casinos increases, it will be another 5 years before the industry peaks and 10 years before any real decline starts.If you're going to be a pro though, I agree that it's important to keep your live game skills sharp as well. Those are definitely more secure in the long run (in terms of the player base staying solid).

[mrdannyg 274]

I... crush you. I already have 7k hands under my belt for the month, and ill probably get it to about 10k by the 10th. Maybe more.

i've already got plans for friday and all day sunday and monday also. i've really hit cards at 3/6 my last few sessions though. short ones, but definitely a nice boost.damn i had something i wanted to tell you but now i forgot. shnat.meh i lied. just checked and i'm over 10K hands for the month so far, though only 4500 at absolute.

Yeah, 50k hands is a ton. Depending on how many tables you play, thats like 75-100 hrs a month. I could never put that much in.BTW, I disagree with the whole thinking thats how much people so and so makes an hour line. For starters, online poker is a quickly depleting resource. These are the days to make your money. Poker bots, laws, poker skil increasing, and poker interest decreasing means there isnt to great a span to make $x/hr before you have to think about the real world (unless you play pro live). If that makes any sense.

personally, its important to know how much i average per hour online, since that might affect how i choose to spend my time. but i don't look at it like "i make $40 per hour, so i never need a job that pays less." There are a lot of reasons why it will be difficult to impossible to continue or increase our current hourly rates into the future, and increasingly difficult over a longer time span, at the very least in relation to playing stakes.for some of us, that is just because bonuses may dry up. but unless you're very skilled (which you don't need to be to be averaging upwards of $5-10 per table hour at low stakes), then you'll soon need to be playing extremely high stakes, unless online poker somehow continues in its current (or better) state for many years.

[timwakefield 68]

July is going well...currently 8th on the PokerStars monthly Tournament Leaderboard

[Abbaddabba 0]

Yeah, 50k hands is a ton. Depending on how many tables you play, thats like 75-100 hrs a month. I could never put that much in.BTW, I disagree with the whole thinking thats how much people so and so makes an hour line. For starters, online poker is a quickly depleting resource. These are the days to make your money. Poker bots, laws, poker skil increasing, and poker interest decreasing means there isnt to great a span to make $x/hr before you have to think about the real world (unless you play pro live). If that makes any sense.

I dont think that any of those are major threats, besides decreasing public interest. The US is the only country where there's any threat at all (as far as i know) of laws being passed to stop it and it's only in certain states (unless im mistaken). Even in the states where it can potentially be banned, some will still play. I cant imagine it putting a significant dent in the online player base.Skill increasing? I think that's already happened, and that it's basically hit a plateaux... though obviously i could be wrong.I think that there's basically an equilibrium of skill level for each stakes, since pro players will be driven away as games get tougher and be pulled back as games get softer. People who play for the money will not continue to play if they arent making money. They'll begin to play with less frequency, while the recreational players will play with roughly the same frequency since their decision to play is for entertainment and they (more or less) expect to lose.One thing that hasnt been mentioned on the optimstic side is that rake rates seem to be on the decline as sites are becoming more competitive. That's definitely a plus. Even if we're already receiving benefits, the fact that losing players will be receiving more of their money back to play with is definitely going to boost the amount that they play.

[screech 0]

I dont think that any of those are major threats, besides decreasing public interest. The US is the only country where there's any threat at all (as far as i know) of laws being passed to stop it and it's only in certain states (unless im mistaken). Even in the states where it can potentially be banned, some will still play. I cant imagine it putting a significant dent in the online player base.Skill increasing? I think that's already happened, and that it's basically hit a plateaux... though obviously i could be wrong.I think that there's basically an equilibrium of skill level for each stakes, since pro players will be driven away as games get tougher and be pulled back as games get softer. People who play for the money will not continue to play if they arent making money. They'll begin to play with less frequency, while the recreational players will play with roughly the same frequency since their decision to play is for entertainment and they (more or less) expect to lose.One thing that hasnt been mentioned on the optimstic side is that rake rates seem to be on the decline as sites are becoming more competitive. That's definitely a plus. Even if we're already receiving benefits, the fact that losing players will be receiving more of their money back to play with is definitely going to boost the amount that they play.

ah, youre probably right. I just get pessimistic when making so much money is so ****ing easy.

[iggymcfly 0]

My goals are:1. Make at least $10,000 playing cash games and SnGs2. Get good at NLHE cash games again, to the point where I'm making a consistent profit, and keeping stupid mistakes to a minimum.3. Stop playing like a donkey when I play live to the point where I at least break even. (Last month was my first losing month playing live, but I've found that my discipline there's gone waaaaay down.)Uh yeah, that's about it. It would be nice to pop off another MTT, but I'm not going to be taking MTTs seriously enough to actually set goals for them. I could easily go through the whole month and only play 6 or 7.

Guess which one of these goals is going to be the most difficult and which I'm almost positive I'm not going to reach? That's right, #3. I played live 9 hours last night for a net of -$1000. I was trying to focus and play well, just for myself to reach the personal goal, but it looks like it's not going to happen. Even with live play included, I'm still up $3500 for the month though, so if things stay solid I shouldn't have too much trouble with #1. I'm at the point now where it's just agony to sit there and throw away hands in that type of game, and if I don't get anything for 2 or 3 rounds, I just snap. Anything that actually looks like it might be a legitimate bluffing or semi-bluffing oppotunity and my chips are just flying towards the pot.I was already cutting down on live play, but I think I'm going to cut even further down. Once every week or two sounds like plenty right now.

[aim786 0]

Yeah, 50k hands is a ton. Depending on how many tables you play, thats like 75-100 hrs a month. I could never put that much in.BTW, I disagree with the whole thinking thats how much people so and so makes an hour line. For starters, online poker is a quickly depleting resource. These are the days to make your money. Poker bots, laws, poker skil increasing, and poker interest decreasing means there isnt to great a span to make $x/hr before you have to think about the real world (unless you play pro live). If that makes any sense.

Have you seen the players at pacific poker? They got 75/150 games with 70% to the flop

[screech 0]

Have you seen the players at pacific poker? They got 75/150 games with 70% to the flop

Really? Wow. I heard they just added a multitabling feature too. I may have a new favorite site.

[aim786 0]

Really? Wow. I heard they just added a multitabling feature too. I may have a new favorite site.

Yea, they've had multitabling for a little while now. The only downside I find is:1) The rake is slightly higher, but your looking at much better games so I think this makes up for that.2) The software sucks, as you get disconnected easily if your running other programs.

[MasterLJ 0]

Well, I'm back.Was pretty burned out after May. Even more burned out that in the few times that I played in June, the beats were sick. Like eating your own vomit sick. I went down about 6 buy-ins towards then end until I pulled all funds from Full Tilt.Just re-deposited last night and had a friggin' roller coaster. At any rate, that's not what this thread is about.10k hands,10BB/100 winrate at $50 NLI want to be playing $100 NL 6-max this time next month. And I want to have a very comfortable bankroll for $200 NL by October where I plan to quit my job. TingP/MingM. It's sad that if I can keep up my $50 NL winrate, I make more per month than I do at my current job in 20k hands. Working about half as much.

[mrdannyg 274]

Well, I'm back.Was pretty burned out after May. Even more burned out that in the few times that I played in June, the beats were sick. Like eating your own vomit sick. I went down about 6 buy-ins towards then end until I pulled all funds from Full Tilt.Just re-deposited last night and had a friggin' roller coaster. At any rate, that's not what this thread is about.10k hands,10BB/100 winrate at $50 NLI want to be playing $100 NL 6-max this time next month. And I want to have a very comfortable bankroll for $200 NL by October where I plan to quit my job. TingP/MingM. It's sad that if I can keep up my $50 NL winrate, I make more per month than I do at my current job in 20k hands. Working about half as much.

this is meant to be a constructive post.I am no expert, but I think 10bb/100 at NL is not great. at $50 NL it seems pretty weak to be honest. Unless you are very young and have another job lined up, quitting to TP/MM is not worthwhile unless you're making 10bb/100 playing like 20 tables. It might be more than you're making at your current job, but that doesn't mean its better. What happens when you decide to go back to work, and your employer asks what you've been doing for the last year?I hope you'll take this as constructive, since myself and others are in fact trying to TP/MT as well. I'm 22 and just graduated, and I average about 5 times what I'd make at a job that I could get, in less hours, and with all the other benefits (rarely wearing pants). But I'm still looking for a job.At the very least, do some serious bonus research. Playing NL is not optimal for bonuses, but you can probably double your profit with bonuses, and vastly decrease variance as well.To summarize, unless you are consistently winning at that rate on a ton of tables, it seems a stretch that you'll be able to move up and have a decent winrate at 200NL, and even more unlikely that you'll have a sufficient bankroll and be able to make enough income at that limit to make it a better decision than working.I'm not an expert on NL variance and win rates, so maybe others playing NL for a living can comment, but that's my constructive opinion. also, if at any point you had to pull your funds from a site, that might imply a significant problem with your fundamental understanding of, or psychological relation with, online poker.holy ****, i sound like my mother.

[Abbaddabba 0]

10PTBB are 20 big blinds.20 big blinds / 100 at .25/.50 while 4 or 5 tabling is about $30 an hour.It's a start.

[iggymcfly 0]

F*ck a job. Seriously, f*ck it in the as$. Unless you have a useful degree that's givn you a good job, where you have opportunity for advancement, and a chance for a good career, where you'll eventually be making a nice salary with benefits, then f*ck it in the as$.Just go with whatever makes you the most money, and if it doesn't work out, it doesn't work out. Are you telling me it will be impossible to get another job if you were playing poker for a living for a few months? I don't think so. I really think the current climate of poker represents a unique opportunity, in that someone with about 1/2 as much education in their field as a typical college graduate, can make about five times as much in terms of income. If you have talent there, then not committing yourself to it because some two-bit employer might look down on you for it is just silly.

[Mattnxtc 0]

well im at +375 for the month. Biggest problem so far is that I just dont play near enough hands which is sad b/c riht now my ptbb/100 is just over 20ptbb/100 at 50nl. I did get a sick internship this summer with halliburton so i just dont have the desire or need for long poker sessions right now though I still wouldnt mind makin enough to buy a nice car

[mrdannyg 274]

10PTBB are 20 big blinds.20 big blinds / 100 at .25/.50 while 4 or 5 tabling is about $30 an hour.It's a start.

well, the winrate just doubled in my head, which weakens the **** out of my arguments.July 8th goal:10-table $25 PLO/8 for 1000 raked hands.

[No_Neck 0]

well, the winrate just doubled in my head, which weakens the **** out of my arguments.July 8th goal:10-table $25 PLO/8 for 1000 raked hands.

wow can you do that without your head exploding? Limit I could see but PL?

[Mattnxtc 0]

well todays session was bad and goodplanned on playin an extended session today and played to long for sure. Was doing solid at some 50nl and was about to quit when i got cold decked and ended up down about 2 buy ins. kings vs aces and jacks vs aces....both boards were less than 8 high. So slightly on tilt i jump onto 100nl...dominate this for a bit and recover most of my losses. Then a bad beat later i go farther on to tilt and just absoluately donk a buy in off. So now I jump to 600nl extremely on tilt (yeah you can start laughing.) and buy in for 300. I nut peddle for a bit and get up to 350ish. Then the hand comes up. sb had been raising me every round.Dealt aqs in the bb:folds to sb, he raises to 24, i raise to 80 he goes all in i instacall and hit my ace against his jacks and leave the table with 700So overall i end the day +200...Played way to long for what i was ready for. played real crappy at the end and got extremely lucky and ended the day up...Yeah i dont suggest it....I hadnt been on tilt that badly in a long time. Pretty sure im gonna withdarw all my money just to force a day or 2 off from poker to calm down+500 for the month goal is 1000

[mrdannyg 274]

wow can you do that without your head exploding? Limit I could see but PL?

haha, actually i was 10-tabling that, but got bored, so i opened up a 2/4 and 3/6 LHE game.i don't really know how to play PLO/8 though - pretty much everything is pot or fold for me, and i play a horribly straightforward "draw to the nuts" game. Just like people could 50-table Smash System NL, I could probably play 20-30 tables of that if the screen was big enough.

[CobaltBlue 662]

Well, I'm headed to Vegas in ten hours. I'll be there for at least 12 days. Wish me luck.

[Actuary 3]

Well, I'm headed to Vegas in ten hours. I'll be there for at least 12 days. Wish me luck.

go get em!

[screech 0]

Well, I'm headed to Vegas in ten hours. I'll be there for at least 12 days. Wish me luck.

Good luck!