Thanks for the GL Wishes Guys!
Quote:
Originally Posted by StorageWarsDarrel
Gl man, I know format is a preference, but do you really think grinding DoN's is a good way to develop as a poker player?
Care to maybe post a graph? 60/hr is good, but you should divulge your sample size so it can be confirmed
-fellow bovada grinder
So I'll be graphing my progress from here on out, I just am far too lazy to go input individual data into excel at the moment, but these are my logs to this point
$50s Data
1064/1792 (59.4% Wins)
$94080 Invested
$11920 Profit
$1480/Week
$51.04/Hour
224 Games/Week (~7.72 games/Hour)
~29 Hours / Week since March 16th
$20s = 174/282 (61.7% Wins)
$1038 Profit
$10s = 50/74 (67.5% Wins)
$223 Profit
So my $60/HR estimate was slightly inflated but that's the data I have so far. Again, cue the sample size folks now, but that's part of why this is a year long process.
And personally I do not think DONs will stunt my development as "a poker player" as it is still Poker, just an odd variant. Will my development as a Cash Game or MTT player be affected, of course. But I'm now at the point where the opportunity cost of not playing DONs is quite high.
I'm properly rolled for 200NL but I'm not confident in my ability to match my Win Rate at the $50 DONs as it would require quite a high BB/100 or multi-siting so I'm going to remain where I've been successful for now.
I initially began playing 6-Max NL at 10/25NL, and while I was having decent success, I found that 4 tabling at Bovada alone resulted in ~325 Hands/HR (can't remember the exact number but it was slowish) which even at 25NL with a 10 BB/100 Win Rate (pretty dominant imo), is roughly $15-$17/ Hour.
I randomly dabbled in the $10 DONs one day, and ran like God and crushed right out the chute... I figured out my Games/HR, Bankroll Requirements, Achievable Win % which I find to be 7-8 games per hour roughly, I adhered to a fairly aggressive 25 Buy-In Requirement with shots when I felt like it to move up as quickly as possible, and IMO the upper echelon of mathematical possibility at 6 Max DONs is theoretically 70% wins (Impossible in reality, but if there were a perfect player who never ever made mistakes this is my wild guess). I figured as a bankroll builder it was a very safe vehicle... And now all of a sudden it's my specialty.
I was drawn to the definitive nature of the DON: Win or Lose. Simple. Minimal Variance. Perfect for a healthy mentality. I want to say the worst stretch of 100 games was right around 50%, but again, my logging intensity will now increase to a more professional level.
There is a point at which if I want to continue to increase my hourly with online poker, I will have to jump to cash games, this I know, as there is certainly a definitive ceiling on STTs of any variety. But I will cross this bridge if and when I get there.
I'm currently working on the ambulance and will start documenting all of my progress on this blog starting Sunday Night.
Until then, Later!
- Danny A.