February Review - FPP Pro

In late July and through most of August last year, I hit some nasty variance. However, I don't think it was ever as bad as what I experienced this month. The title is actually a little misleading, as I still exceeded FPP Pro earnings.

For those asking "what is an FPP pro?", it is defined as a Pokerstars regular who is not able to beat the games + rake, but with rakeback through FPP manages to turn a profit. Surprisingly (or not, if you see them play every day), half or more of the regulars at my limit fall into this category, and more of them play similar volume to myself.

Moving on, despite utterly ridiculous variance this month, here are winnings totals:


The bottom line:
$2591.75 winnings
+$150 deposit bonus
+$30 lolfreerollaments (cashed in a VIP freeroll)
+$5041.12 rakeback (90020 VPPs)
-------------------------
$7812.12 USD, ~$9500 CDN

As you can see, my completely pathetic winnings were barely half my rakeback total. I could whine on and on, but I'll leave you with one hand that summarizes my month nicely:

Villain in this hand is a 40/10 superdonk with no fold button. Notice stack sizes - this is a 100NL table, not 400NL.

Poker Stars, $0.50/$1 NL Hold'em Cash Game, 8 Players

MP2: $100 (100 bb)
MP3: $112.55 (112.6 bb)
CO: $103.40 (103.4 bb)
Hero (BTN): $359.80 (359.8 bb)
SB: $100.50 (100.5 bb)
BB: $96.50 (96.5 bb)
UTG+1: $381.60 (381.6 bb)
MP1: $100 (100 bb)

Pre-Flop: Hero is BTN with 8d 8c
UTG+1 calls $1, 4 folds, Hero raises to $5, 2 folds, UTG+1 calls $4

Flop: ($11.50) 7c Qd 8h (2 players)
UTG+1 bets $5, Hero raises to $25.50, UTG+1 calls $20.50

Turn: ($62.50) Qs (2 players)
UTG+1 bets $59, Hero raises to $176, UTG+1 calls $117

River: ($414.50) 7s (2 players)
UTG+1 bets $66, Hero calls $66

Results: $546.50 pot ($3 rake)
UTG+1 showed 6c Qc (a full house, Queens full of Sevens) and won $543.50 ($271 net)
Hero mucked 8d 8c (a full house, Eights full of Queens) and lost (-$272.50 net)

Donkey had less than 10% equity on the flop, and ~15% on the turn.