Thursday, September 30, 2010

September Review - Hard To Describe

My results for September are sort of difficult to qualify. Despite it being my final month with SNE status on Stars I put in extremely low volume (~111k total hands, ~40k of which were on FTP). I ran like complete ass at the Stars cash games, and close to straight up average in every easily quantifiable variance metric on FTP, which isn't surprising at all of course. In terms of cash game results, the month started like August ended - with the latter half of what had to have been my largest downswing ever. Fortunately I was able to recover somewhat in the last two weeks of the month.

I reached 500k VPPs on Stars, the milestone bonus for which rewarded me with $3200 in free money, $4k cash minus $800 in FPP value to purchase it. My final SNE perk also occurred this month: as an SNE I was given a $5200 ticket into the WCOOP ME, along with the option to split the ticket up into small events if I so desired. I decided to split the ticket and played in ten smaller WCOOP events, cashing in four. I very nearly reached the final table of the shootout event I entered, but busted when KK couldn't hold against AK AIPF with three remaining in the second round. Overall however, I feel like I ran pretty well in the events and was able to extract a little bit more cash out of the ticket than the $5200 theoretical equity I started with. I'm definitely happy with the decision to split the ticket.

I imagine my final few months this year will continue to be very low volume "semi-vacation" type affairs. It's mind boggling to think early last year I was putting in 280k hand months - not that the hard work wasn't worth it. I do need to start thinking about what the plan should be for next year.

Anyway, here's the graph from cash games and the numbers following it:



The bottom line:
$6,480.56 cash game table winnings
+$2,957.42 FPP value (36,967.81 VPPs * 5 FPPs/VPP * 1.6c/FPP)
+$2,176.20 WCOOP #9 cash
+$1,925.00 WCOOP #30 cash
+$1,012.50 WCOOP #44 cash
+$477.92 WCOOP #45 cash
+$100 2x $50 knockout bounties from WCOOP #45
+$100 Stars deposit bonus
+$517.50 coaching
+$680.59 FTP rakeback
-$30 WCOOP ticket(s) difference (the buyin for my 10 events was $5230, my ME ticket worth only $5200)
+$3200 500k VPP milestone bonus ($4k - $800 FPP value to purchase)
------------------------------------------------
$19,597.69 USD total profit.