try and have patrick talking to u nonstop while thinking what to do

sorry about that rocco, think was first time we met?

tomi confirmed nutter.

Only been able to watch the first hour of the stream so far, but ridic good content as expected. Imo RIO have really dropped the ball on MTT content, especially at Elite level. Their content really isn't very good or relevant at all anymore, so potential gap on the market for BiTB if that's something you see as a possibility?

+1

Not sure what we will want to do in the future, I think at least in short term future we wouldn't do a training site, it wouldn't be fair on our guys, and we have long term commitments with a lot of the guys and a lot of friendships with them, which as cringe as it sounds, is a lot more important to us than making 20% more money or wte.

I do think however RIO has gone insanely downhill in the last few months, I wrote to galfond on rio and said that surely just scrapping the infinite 500z replays (how many people is there who play 500z who makes it justifiable to have instead of mtts) would be the best thing.

the way i see rio's customer base is essentially live pros who want to kid to themselves that they do effective study, i just cant imagine them sitting and watching random german/russians they don't know from their tournaments slogging it out with insane huds over the top of the screen.

probably shouldn't tap the glass, but fortunately rio's downfall is our luck as it means a lot of guys who do want to learn simply have to come to bitb to really get better as a lot of top mtt guys just wont really coach.

Its kinda nice how hsmtts go these days, the best just seem to quit and play high rollers live and are kinda OI online, which means the competition isn't that tough. I recently analysed 5-10 of the guys who are the top winners online and aren't part of bitb. They all play a super similar and insanely exploitable style, but it works so well because of the population, will be very interesting to see where everybody is in 1 years time though.

anyway, back off the tangent, strat for us is to simply build the brand to a similar level as upswing, rio, pokershares, joey ingram etc. Being one of the say top 10 poker entrepreneurial companies leaves us room to do other things in the industry.

BitB can only play MTTs? I see one of the members playing $5/$10 cash games on PS

Own roll?

Great twitch stream. Should put the rebroadcasts on youtube.

We don't stake the coaches.

wug non bitB power rankings mtters top 5 (not coaches or stakers either) IYO

Was a very fun stream. €urop€an just fearlessly 3betting 57o in a 10k event was hilarious!

Edit: Have to agree, elmerixx is scary af

Super stream and super part 2 of wcoop review. Found it a lot better then the first one and really looking forward too both conclusions.

ps, in before half the population say they would turn gay for euro

That was a really good stream, enjoyed all of it, you bounce off each other so well too

Thanks guys! Kind words really do mean a lot, it was first time in public for the other two and they were super natural even if they were a little nervous.

About us bouncing off each other, I think we actually held back more than normal, but we are genuine good friends outside of the whole stsking thing which allows us to enjoy it all together a little bit more.

Incredible watching guys of your level talk about the game, found it really eye-opening. Keep up the good work!

is the bitb analysis uploaded or i just lost it?

Fantastic stream pads! The videos are also really great. Looking forward to more of that stuff

Where can we find the video or something?

https://www.twitch.tv/videos/131602884

just watched the vod back nice stuff look foward to the FT

subd

So, lots of stuff to update on!

We did a twitch session which went down amazing! Really popular and we loved the feedback. Will likely do more in the future.

Link: https://www.twitch.tv/videos/131602884

March Results

****ing disaster. Remember, we need around 400k profit/month to hit our targets.



**** show of a result. The huge downswings are generally just bricking Sundays, which happens, but the overall crushing of other days wasn't as apparent this month. More to this later.

Year to date

We should be on around 1.2m profit right now. We do have some extra profit from live poker, but lets not count that till later. You can see we started off amazing, but last month really ****ed up the speed of progress.




Quarterly Review - London

We had our first big overall review of the year meeting this weekend in London. Party Poker let us use their offices and resources,which turned out to be really helpful.

We plan to do around 3-4 of these big reviews/year.

We had lot of topics that I won't go into, lot of stuff that would just be boring to you guys but is important for us to grow as a company.

We then went into analysing all of our main stable guys, overall we think we have amazing guys, they are all top players who we would take over a lot of guys who are considered sick high stakes regs, the one downside was that overall volume for our better guys wasn't as good so we had to look into different ways of improving that. Anyway, 1am after the first day we decide to finish, get some food and go home back fresh for the next day.

The 2nd day we overviewed the development stable. There was good and bad news here. Good news - We have 2/3 of the guys who have improved immensely and that we see great futures. We have given them feedback, they have taken it o board and improved immensely over the last 2-4 months, soaking information like sponges. Their volume is crazy good and overall, out of our profit, around 50% of it came fro dev stable, which is pretty crazy when there is less guys than in main stable and the abi is less than 50%.

The bad news is that 1/3 of the dev stable wasn't performing close to the expectations that we demand. We decided to remove the bottom end of the dev stable and have tiers 1-9 instead of 1-14 like previously. This way we only work with guys who are really close to the main stable and guys who are in the main stable. Lower amount of guys means that we can give more focus. Somehow we had let this happen for the 2nd time in less than 6 months. Previously we dropped a bunch of lower ev guys in roughly 100k makeup, and now we are doing it again. Dropping people is super expensive in general, but its also important not to get attached to makeup. The legendary Zima told me one day, maybe even in one of these threads "don't chase makeup, be prepared to write it off early" and we have stuck by that pretty well. Either way, there was a flaw in our business model and we cost ourselves some money, but doing big quarterly reviews lets us be responsive and make quick action. We look at it like we saved ourselves $1m rather than costing ourselves $100k. This way our main stable guys who coach the development guys will now have more time to play better volume and perform optimally as players, which should be their primary focus. When you have a lot of guys to coach its tough to play poker full time, youre tired after sessions, you have to respond to questions/feedback etc, I personally know its tough to handle both things, so this will now allow the guys in development stable who have a really chance of making it to tier 1 get extra attention whilst also allowing our top guys to chase ev's of $1-300,000.

How does this effect our target of $5m? I'm not quite sure, every guy we dropped was a profitable horse, their ev's were roughly $20k each, so we have month to catch up on, but we're more determined now than ever before to crush as a stable.

Working between the three main investors was deemed to be not efficient and optimal as could be. Basically theres 3 of us, without roles and responsibilities, who all work a lot of hours, try really hard, are involved in everything, know the company inside out. We think moving forward that working effectively will be to stick to different parts of the company in areas where we excel or that we enjoy doing. We started working on ways to visualise and assign these and moving forward it is really going to help (hopefully!)

Today was the last day, we didnt leave the office and get home till 4am! Both days starting at mid day, but we treat ourselves to 5 great tickets to Arsenal vs Man City. Was good to take our stressed minds off the stable and enjoy something different. The game was action packed and 4 goals, so pretty good.

Today I played a session, I don't think I lasted longer than 45 minutes in any tournament on PokerStars. I think I found a mental game leak, I busted the $1k (RI****INGP stars $1k+ lol) with set vs flush draw for big pot and immediately afterwards I thought "I will write each bust out hand on the blog from every $1k+ moving forward" then realised I felt like I needed to justify to people why I've lost over 300 game sample there despite thinking I've played great, which really is very dumb! But either way, its good to know its their somewhere in the back of my mind somewhere.

Anyway, going to be a really busy week this week and overall this month, this thread will be huge.

I will go to Party Poker Millions, play the £25k, £10k, £5k, £2k, then we go to Marbella for the bitB bootcamp at the end of the month which should be amazing to see all the guys again <3 Hopefully luck turns around online for everybody, but either way a lot of the month will be focused on getting everybody ready for the biggest month of the year. Powerfest, SCOOP, XL Series.

IN BEFORE BROKE!

When signing a player is there a length of commitment on your part? On theirs?

Always yes. Differs players to player, but between 15-18 months.

Def agree w decision to lop off your most underperforming dev stable guys and reduce tiers. Coaching time being spread less thin should lead to higher morale and faster improvement by the remaining dev stable. You can never throw good money after bad. gl