Thursday, December 29, 2011

Is $3,000 in 3 months realistic?

$3,000 is the arbitrary goal I set for myself to win in the first 3 months of 2012.  (Mainly because "Three Months Three Thousand" sounds cool.)  Depending upon your point of view $3,000 may or may not sound like a lot of money.  But here are some factors to consider:

  • 6-8 sessions per month -  I'd like to play more, but I only have so much time.  I work full time and work as an Ambassador for Ante Up Magazine so I think 6-8 sessions is all I can expect.  That's probably double what I average, although I occasionally will play that often.
  • $2-60 SLHE - I mainly play $2-60 spread limit hold'em.  This has a max buy-in of $200 and plays similar to $1-2 NLHE.
  • Tournaments - The variance in tournaments is really too high and my volume to low to be realistic for a challenge like this.  However I'm really trying to play more live tournaments since that is mainly what is covered in magazines. So I'll be playing some tournaments even though it may not be the best strategy.
So let's say I play 8 sessions every month.  That's 24 sessions total which would mean averaging $125 per session.  It's definitely possible to win $125 in a session playing $2-60 SLHE, but it is a very aggressive goal to average that.  I may have to try to play additional sessions.  Of course this will only be worthwhile if I can keep my level of play up.

So I may need a little "run good" but I think the goal is achievable, but by no means easy.  I'm looking forward to starting.


Saturday, December 3, 2011

Three Months $3,000

I remember for a while, back in the day, Daniel Negreanu was posting all of his session results.  I thought it took a lot of guts to post everything, the good, the bad and the ugly.  I've been thinking of doing the same thing for a short while.  It might make me think twice before calling that draw when I don't have the odds.  I was also a fan of the TV show Two Months Two Million.  That had four internet poker players trying to make two million dollars over two months.

Of course my plan isn't anywhere near two million.  In fact I'll probably only play 1 or two sessions a week, in my spare time.  But to make it more interesting I'm going to come up with the them of Three Months Three Thousand.

So starting January 1, 2012 I will publish the results of every live poker session I play for three months.  The somewhat arbitrary goal will be to make $3,000 by the end of those three months.  I'm hoping this will help my to kick-start this sorely neglected blog and help me focus on playing good poker.  Whenever I tweet things related to this event I'll use the hash tag #3Months3000.

Wish me luck!

Thursday, December 1, 2011