Tuesday, June 29, 2010

June Review - Near Consistent Mediocrity

The subtitle of this monthly review could of simply been "consistent mediocrity" had I not suffered a big downswing in the past two days. Over the first 27 days of June, I took five days off, and played 22 days during which I took a positive amount of money off the tables each day. The streak was neat, but it didn't produce the great results one might expect, as I also didn't have any real huge days outside of one Thursday early on.

It's also notable that I played less hands in June than in any other month since I started 24 tabling as a part time player in June of 2008 (outside of December 2009, which I took off after hitting SNE in the first couple days). This is for two real reasons: I only put in 125 hours of grinding, and that I only averaged around 900 hands per hour due to the games being really awful making it tough to get a good number of quality tables open. Stars has really shit the bed with their cash game buy in structure changes, and I'm really looking forward to when my SNE status lapses at the end of September and it makes sense for me to start spreading my volume to other sites. The one semi-positive result of the buy-in changes is that fish seem to be playing higher, albeit the 50bb tables. What I mean by this is that I've been finding big donators more frequently at 400 and 600NL than I used to be able to in the past. Because of this, ~30% of the my volume this month was played above 100NL. Further, due to there being some huge megadonks at 600NL I shipped some solid results there despite being out a bunch of AIEV (see earlier post).

I ran pretty poorly in June, especially at the end. Overall, it wasn't as bad as April or May, but I could really use a month where perhaps I'm only in the bottom 20th percentile of all-in luck (calling January or February, come back please!). I'd just really like to be able to win the occasional 98/2, 95/5, 90/10, 85/15, or 80/20, etc. etc. vs fish - not every one, but maybe say one out of five?



The Bottom Line:
$9597.92 table winnings
+$4189.20 FPP value (52,365 VPPs * 5 FPPs/VPP * 1.6c/FPP)
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$13,787.12 USD total profit. ~$14.5k CDN at current exchange rate.

Considering the lack of the volume, the runbad, and the lack of any profit sources outside of straight winnings and FPPs, I'm not entirely disappointed with the month despite the final number not being all that impressive relative to my earlier 2010 efforts.

Hopefully I put forth a better volume effort in July (31 days + 5 weekends is nice) and go on a massive heater (for me, that means running almost average). Combine that with the $3k free milestone money awaiting me at 400k VPPs and things could get back on track in a hurry.

3 comments:

BlackRain79 said...

Hi Ronfar3,

I was wondering if you could go over your method for getting on the best tables. Do you use wait lists, look at certain lobby filters, rely on notes? Thanks.

Ronfar3 said...

I used to join a lot more wait lists than I do these days especially at 20-50bb tables where fish go broke so quickly. I do sort the lobby by saw flop %, but most of my decision making is based on my color coded notes combined with scanning for how many regs are present.

FkCoolers said...

Good comment about the wait lists - you'll often be joining the table after the fish are gone and if you don't observe that the table isn't good you're wasting your time.

I miss the days when every cash game had at least 1 fish at the 6 Max tables.