When looking at the year as a whole, I'd say the biggest theme is that I was able to enjoy the benefits of my SNE grind of 2009. I had two great vacations: the Bahamas for the PCA, and Europe for EPT Monte Carlo. I was able to realize ~18k of tournament package equity by mincashing in the latter event. I broke my WCOOP ME entry down into several smaller tickets in September, and managed to turn a small profit converting equity to actual currency in that regard. Finally, the 5x FPP multiplier during the first 9 months of the year was fantastic, and you really do notice once it is gone.
In terms of volume, I put in a hair under 1.5 million hands in 2010 - right around 1 million less than I did last year. Despite the reduction in volume, I ended up only taking a little less money off the tables. This is because my winrate for the year was higher than it was in 2009 (which should be no surprise given the volume reduction), and that proportionally more of my volume was played at 200NL as well as midstakes. My total profit of the year exceeded that of 2009 by a decent amount, though to be fair a great deal of the equity I realized this year was "earned" through the 2009 grind (tournament package cashes, WCOOP cashes, extra FPP value from 5x multiplier etc).
The last significant piece to my year was that I started making videos for Cardrunners. They have been well received so far and I am looking forward to continuing my series heading into the new year.
A yearly graph and table are below, followed by a monthly breakdown of profit:
The Bottom Line:
January - $22,315.18
February - $20,125.64
March - $20,801.86
April and May - $39,987.80
June - $13,787.12
July - $14,821.25
August - $10,025.67
September - $19,597.69
October - $5513.99
November - $8225.48
December - $7893.67
-------------------------
$183,091.35 USD total profit.
Interestingly, over half my yearly profit came outside of pure table winnings. This is mostly due to the SNE equity I spoke of earlier combined with typical FPP value, though I also picked up some money through my video series, a couple of prop bets, and of course other bonuses.
Overall, I definitely feel that my winrate for the year was satisfactory and the results at midstakes were definitely nice. I ran well during the first couple months of the year, but ran into the opposite end of variance for much of the latter 9 months - you'll notice one ~150k break even stretch in the graph. Heading into 2011 I do not have much in the way of specific plans. If the game structure at Stars remains the same (as I would guess it will at this point), it is likely I'll split my volume between Stars and FTP, and perhaps even other sites. I also plan on playing some WSOP events in 2011 as well, so maybe I'll luckbox something. I definitely don't expect to have as profitable a year in 2011 as I did in 2010 - simply because I don't have the SNE equity waiting to turn into cash in my pocket. That being said, I do still think I've got a few more very profitable years as a pro left me, and it is exciting to see where poker is going to take me.
8 comments:
awesome results. I have read yr blog since yr $500 bankroll days in 2008.
The Pokerstars cash tables need to be looked at dont they but like you say i dont think it is going to change in the New year.
Any chance of a blog link up?
Sick year sir, sick year. I'd be interested in a post on the swings you faced over the year, something I struggle with.
that graph makes me a sad panda. So sick that you can maintain your WR over 2BB/100 even though the game gets tougher and tougher everyday.
...play more 3/6 PLO in 2011, obv!
congrats buddy, I wish I had 1/10th your talent and 1/100th your work ethic
RE TJ:
I didn't notice the bum I was hunting was at 3-6 PLO and not 3-6 NLH until I had posted a BB, so I was committed to play at least an orbit at that point!
Whats your coachname on cardrunners? Want to see your videos
RE Cambridge:
My Cardrunners coach name is simply "Ronfar".
Great results! CR SN is actually RonFar3 :)
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