Monday, March 9, 2009

Milestone #1






-- Status Update --
2009 VPPs:  222,909
SNE Pace:  39,329 AHEAD
Currently Playing:  Valkyria Chronicles (PS3)


A few days into the month I hit the first milestone bonus of this year. Milestones are special cash bonuses for Pokerstars' very high volume players, and break down as follows:
$2,000 at 200,000 VPP
$3,000 at 300,000 VPP
$4,000 at 400,000 VPP
$5,000 at 500,000 VPP
$6,000 at 600,000 VPP
$8,000 at 800,000 VPP


However, each bonus costs 50k FPPs to purchase. As 50k FPPs is 1/5th a $4000 bonus, you can subtract $800 from each milestone number to obtain the true "free money" value of the bonus.

Thus, as I recently crossed the 200k VPP barrier, I picked up a free $1200 from Pokerstars. If I remain very diligent this month, I may actually cross the 300k mark during the last day or two, which would mean two milestones for March.

Poker overall has continued to be disappointing up until today. Just about every day in March, I have run below all-in expectation, usually to the tune of several buyins. Today started out as no exception, but during my last session of the day, my winnings caught up to my all-in EV! Graph is below, the thin line is all-in EV:


A few more days like this and maybe I'll be able to temporarily stop complaining.

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