Ok...here is my poker story. If anyone has questions about it, let me know...thanks.
I originally posted this in the MTTc forum in April, 2007. I made a few revisions and updates for this post…here goes.
The following is a trip report of my poker career which might be of some interest for someone who is bored and wants to read a personal story…
My story begins with playing play money games on Stars my senior year of high school (2005). One afternoon, someone popped into the chat box and offered to trade real money for play money. People started calling this guy a scammer, but I didn’t really care if the guy was going to scam me out of play money chips…seriously, it’s not real money! So I ended up contacting him at another table on Stars and arranged a deal. He would trade me $.50 for 90,000 play chips. I really don’t know why he wanted play chips so badly, but I figured, why not. So he sent me two installments of $.25 and low and behold I was ready to play for real money online! Little did this person know what type of “career” he would set off
I grinded .02/.04 LHE for a few days and built up this meager 50 cent bankroll to around $8. I entered a few $1 tournaments for fun, but my first few were unsuccessful. Then, I hit it big. Having never played 7 card stud in my life, I entered a $1 tournament one afternoon. I ended up out-luckboxing the field of ~560 and won $140 for 1st. None of my friends believed me, and it took a while for me to explain to my girlfriend that I had won “real” money and not some fake online money. I finally copied the check I requested to show people my story was legit… Anyways, I ended up cashing all of my money out soon after and was on top of the micro-donkament poker WORLD.
After graduation (May 2005), I had the urge to play online again, but I had no means to deposit. My parents were against online poker at the time, so using their credit card was out of the question, and I didn’t want to go through the hassle of setting up a Neteller account (thank goodness in retrospect). I found another poker forum that ran some freerolls on Stars (usually $100 prize pools). So I registered for the site – made a few posts and got the freeroll password.
Around 150 people showed up for the tournament, and I eventually made it down to 4 handed. One player was sitting out, so we all agreed to fold around to sap him of chips and knock him out ($2 pay increases were HUGE!). One player starting raising other peoples blinds to try and take advantage of us, so I re-popped him all-in once. The other player who was sitting in tanked and said he had AA and folded after I told him I would transfer $2 if I won – he folded. Sure enough, my AQ held over the original raiser and I went on to win. I received a whopping $30, and I did actually transfer $2 to my opponent as I had stated.
With this slightly larger starting roll, I dove into the wide world of online micro tournament poker. I built this $28 roll up into the hundreds by grinding SNGs, playing low-limit MTTs, and dabbling with 4-tabling 25NL full-ring, but never kept more than $500 at a time online. From May 2005 – February 2007, I made ~$1800 from this meager start with a few nice $500+ tournament scores. This is a drop in the bucket for most posters here, but for a small-time college student grinder, this extra money was excellent to buy books, go out to dinner, etc.
In February 2007, I decided to cash my remaining $400 or so out because the climate for online poker seemed to be getting unfavorable (UIGEA). I was lucky and cashed it out using e-check a few days before Stars cancelled the ability to use that service (at the time).
I didn’t play online poker from this withdrawal in Feb. 2007 until May 2007. However, Stars ran a promotion for the 10 billionth hand in May 2007. I decided to redeposit on Stars using Moneygram ($250). I was grinding .25/.50 and .5/1 limit to clear the 25% bonus, then I started playing my bread-and-butter cash game, 25NL Full Ring, and ran at a completely unsustainable 14 BB/100 over about 5k hands. Reading NLHE Theory and Practice really, really helped...
By the beginning of June, I had improved my online roll to about $750 from my initial $250 deposit. I had been playing an hour and a half or so each night after I got home from my 9-5 summer job in downtown Chicago (paid internships FTW!) By the middle of June, I was hardly playing at all. My girlfriend and other friends finally got home from school and I didn't have too much time to play, which is probably a good sign that I have a life.
Anyways, I started playing tournaments again the last week of June 07. I continued my amazing streak of not cashing in a 4/180 (23 in a row now!) [7/21/08 update: I finally cashed in one! I’m 1/40!] and was mixing in some of the larger $3.30s and $5.50s on Stars. One Friday night I was stuck home babysitting my siblings, so I decided to fire up a bunch of tournaments. I went 1/8 in cashes, but that cash was a chopped first place in a $5.50 big multi for $1130, my biggest score ever. I cashed out about $750 from my roll to get it back into my hard currency bankroll in the actual bank and have left the rest online to continue playing tournaments.
7/21/08: The above is what I wrote last summer in the MTT forums, and a lot has changed from then…
I went on vacation at the end of July and vowed to get into cash games for real when I got back. Tournaments just take so damn long and I figured I could actually try making some consistent money from this game if I learned how to multi-table cash games. I had about $1000 in my bankroll and jumped into 4-tabling 50NL full-ring. I had some great initial success, which made me think I was a lot better than I really am (I think this happens to all poker players at some point). By the time school had started in the fall of 2007, I was starting to flirt with 100NL as my bankroll approached. I was playing 8-10 tables and running hot. In October (I think) of 2007 I had the biggest downswing of my life…nothing went right. I dropped $1000 (half my online roll) at 100NL on a 10 BI downswing – which isn’t that terrible in the grand scheme of things, it just was something I had never experienced before. I ran about 4 BI below All-In expectation, which contributed to the downswing, but I just wasn’t playing well and I knew it. With my bankroll is some disarray hovering around $1200-$1300 – I tried out short stacking 100NL 6-max and won like $300 back after grinding out about 10k hands. At one point at the end of 2007 I resolved to study my play, review hands, post more strategy responses on 2+2 and really try to revamp my game and get back to 100NL. I humbled myself and slid back down to 50NL and grinded out a bunch of hands to get myself back to 100NL. I set a bankroll goal of $3000 before I even looked at 100NL games – I wanted to be sure I could beat 50NL and play well enough to win at 100NL. In February of this year I played almost 40,000 hands of 50NL, which is my monthly high for hand totals – my next highest month is almost a third of that! I got my roll back in shape (I’m kind of a nit when it comes to this stuff) and started playing 100NL again in March. Thanks to my stepping down and re-assessing, I have not had a losing month since last October (although I’m a $150 loser this month over 2,000 hands
).
I haven’t been able to play any online poker at all this summer. I wake up around 7 each day, work 8:45-4:45 downtown and get home around 6:00. I then eat dinner and do something with my girlfriend/friends and I go to sleep 11-12 each night and do the same thing the next day. The only time I really get to play is on the weekends. I have ambitions of Supernova this year. I only have around 28,000 VPP this year, and I think I can grind out the remaining 70,000 or so in less than 5 months (August – December). So to anyone who has wondered who I am since I never seem to play – here is the reason why… I guess I’m on a hiatus for the summer – which isn’t a bad thing. I’ve found that decent-sized breaks are actually very good for refocusing and re-motivating myself to play.
So, when I get back to school I will be playing 100NL again with a few tournaments sprinkled in here and there.
I know I’m going to get asked for a lifetime graph, but I don’t have PG on the work PC (LDO). I’ve made almost $10,000 lifetime profit from poker (online and live), which is pretty damn awesome for a hobby. The majority of it is from cash games, but a big chunk is still from tournaments. I’m still amazed that I’ve accumulated that much. I don’t keep much online because I want to slowly build up the roll and cash a little bit out to put in the bank where I can directly access it.
So…I wonder if that guy who sent me the 50 cents for my 90,000 play money chips knows what he started