Update from the last days:
Been playing zero poker but studying a lot. I have started reading Mathematics of Poker, although some of this stuff is really intuitive to me due to my education, +EV is the name of the game of a finance degree. However I have been studying a lot and besides buying Theory of poker and Mathematics of poker I have watched a lot of videos and two of them specifically almost blew my mind.
https://www.youtube.com/watch?v=Xe3M9LU4Dbs
https://www.youtube.com/watch?v=ZViA1yY9q5A
What a coach Bencb is. His stuff makes so much sense when he explains it and he's obviously a crusher. A lot of lessons taken from these two videos. On a sidenote, does anyone have good free videos like these either on youtube or other channels?
Other than that I watched the Triton Poker SHR Montenegro 2019 Cash game which is absurd, poker at such a high level. I realize I cannot implement a lot of moves made at these stakes (especially not whatever the f Tony G is doing).
https://www.youtube.com/watch?v=FrUdWj8B-nk
I believe its five episodes from this session and you can see them all on youtube, still very entertaining and what a lineup!
Right now I am just watching streams and sporadically reading books in between getting tired of videos. Mentally I am so pumped about poker, I want to give it all this time and using my finance degree applied to the game more have been very rewarding personally and I realize I have to utilize that advantage a lot more and look at each tournament as different financial securities with different variances and rewards. I've never been on such a downswing and still feeling so positive about the game and ready to come back and kick ass. I realized I'm not 100% bust as I do get 115USD in RB along with qualifying for day two of the Phased 109 Day 2 100k. Just maybe I get a score there and I dont have to deposit on Monday? Who knows, either way on Monday we are depositing more money and we're gonna play a lot more volume than this. I realized what mistakes I made back upon reflecting and there are some major ones that I need to fix. First of all staying at ABI which leaves us with at 50 BI is ridiculous no matter what skill level. This time around, it will be much closer to 100 buyins/tourney and I started mapping out in Excel what that might look like and different approaches to that.
https://imgur.com/a/nNFnnCe
Here is another table which shows an example of different risk profiles you could choose if you want your ABI on PP to be between 8-20 USD. These are all just different percentages of your total count that you would allocate to different ranges of buy in if you prefer a low risk, medium risk, or high risk. I believe having a spread at different stakes will be my approach this time and performed very strictly so I stay withing my 100 BI option. After consideration and Excel analysis my approach will most likely be this:
I will invest 1500USD into my PP account, and then I will spend another 700USD on the Tournament Masterclass by Raise Your Edge and proceed as noted in the medium risk profile:
10% of buy ins will be at 2.5 USD, 10% @ 5.5 USD, 40% @ 11 USD, 20% @ 22 USD and 20% @ 33 USD.
The funny part about this is that it is a way more conservative bankroll approach than I applied before because I will have 1100 not 360, and my ABI will drop from 18.24 to 16.18 USD which should would give me a bankroll of 92.7 BI with 1500 deposited. This is a super conservative approach compared to the 360/18.24 (20 BI) approach previously which is not necessarily true. That was what my deposit is divided by my ABI, but my shots usually came during upswings where I was up 3000 EUR, however I admit I didn't perform enough discipline and move down stakes when I went on a swing. That wont happen again and I'm ready to go to war again. Sad I can't get that much volume on Sunday due to BR, but so pumped for next week and ready to come out swinging. Be ready for some big updates.
By the way, does anyone know how to embed pictures and youtube videos within the post and not just links? Please DM if you know how to.
Last edited by blamethegmae; 11-23-2019 at 09:52 PM.
Reason: Editing links