So I grinded out a minor profit yesterday, I signed up for several freerolls, but never really got into the m and my wife was getting pissed at me so I blew them off jsut as easy as I had singed up for them.
I have some small rakeback credits coming soon, so hopefully I can hold out until those come in. I am grinding on the smallest of small stakes. O joy, I actually decidedto conduct an experiment with my meager bankroll. The following was posted on pokerfox yesterday, and although I had seen it before, I thought there was no better time to give it a shot.
"I worked on this game theory, just for kicks. I worked out a guaranteed way to win $28 an hour in Vegas, which is a decent living for a lot of people, but it doesn’t really interest me much. But I needed to see if it would work.I gave this a shot at the $0.01/$.02 No Limit Tables, Man I have never in my life played so tight. Not much action when your only playing top 4 hands. I did sway from the system a little bit, If I was in the blind and it was checked to me and I had a h top ten hand I would bet it. I would limp into an unraised pot with AQ, JJ, TT, 99, and play it if I floped a setor paired my A or Q.
There are so many maniacs at the casino. A lot of people watch TV and think they have figured out poker because they’ve watched it for an hour. They don’t realize it’s 12 hours of shooting and they’ve edited it down to an hour. All you see is bluffs gone bad and maniac moves that go well – and that’s not real poker.
So I worked it out with millions of simulations on the computer and then went and did it for a seven month period, five days a week, and it came out at $28.64 an hour. Here’s how it works. You play the low blind games. I would say the best ones to play are the $2/$5 games. In a low blind game, a bunch of chips is not strength, it’s vulnerability – unless you’re one of the best players around (and if you’re one of the best players around you wouldn’t be playing the $2/$5 games!). Too many people want to look at a flop and anybody playing the $2/$5 has only a certain level of ability. That means that their big chip stack in front of them, if they stay there long enough, is gonna get sucked out from under them.
What is the only move a pro would make if he was on a short stack? He would go all-in if he had A-A, K-K, Q-Q or A-K. So I’ve simplified the game down to one move, because that is the move the best pro in the world would make.
So, you buy in for $140 – let everyone else have the big stacks. You sit there and wait for one of those four hands. If you’ve got a maniac to your left, you limp in and let him raise it and go all-in when it comes back to you. You’re going to see one of those combos on average once in about 43 or 44 hands. So, say you’ve blinded down to about $120. If no one calls you when you go all in, you’ll have probably picked up about forty dollars. So now you’re at $160. Then you’ll blind down another $20 or so (your original buy-in), before you get a shot at it again. If someone does call you the first time, and you win, you’re at about $240 and you’re $100 ahead, so you cash out and put your name back on the list, or walk across the street to another casino and do the same thing.
It’s just money management. You cash out and buy back in for $140 and do the same thing again. It’s foolproof. It’s chump bait, because if you’re down to $140 and there are all these big stacks, and there’s already $60 in the pot, someone’s going to call you with a KJ suited or whatever.
Chris “Jesus” Ferguson – who’s a good friend of mine – took a dollar and turned it into $20,000 over a five-month period using my system – just for a lark in his spare time. Isn’t that funny? They’re a little tigther online than they are in Vegas, so what you want to do is play four screens at the same time, each with sixty dollars. Doing that will actually make you more money. That comes to $37 per hour and some change."
I was only dealt AK twice, AA once, KK twice, QQ once in the short time I played. 3 times the players laid down thier hand, 2 times I was paid off, and one time my KK was cracked with A8o.
I bought into the games at $0.60 and showed a small profit for the 100 hands or so that I sat. I did clear some bonus $ too at the same time. I will probably continue this little experiment for the next couple days and see how it goes. I will also look back at my pokertracker stats and see what the results are once I have more data. I only wish that Ultimate bet allowed you to play more than 3 cs htables at once....
I did talk to one of my home game friends who is new to online poker, he was asking me about different sites, so far he has only played stars and bodog. I sent him a little summary of my favorite sites (stars, fulltilt, and UB) and some referral links. If he signs up through UB for rakeback I will get a $50 bankroll bump, and if he goes to FTP I will get a $65 bankroll bump.
If you dont play on those sites you can help out a bankroll degenerate and give me a little boost.
UB rakeback link , Full Tilt referral link
Of course I am not above begging and if you want to just send me a handout (or backing if you prefer) I play on:
Stars- scaryjerry1
FTP - InYourHead
UB - pokahplay3r
That about all I have right now, having no bankroll really sucks! I have ~$25 on bodog, <$1 on FTP, $9 on UB, and thats its. I am going to ebay my Nevada Jacks poker chips that I am getting for free from PSO and hopefully will net ~$100 on them. I cant have any $ transfers from my personal bank account right now b/c I am refinancing my mortgage and have to show my bank statements to the lender :-( Anyway I hope you enjoyed the littel pity party I threw myself. I leave you with this
FUCK ONLINE POKER MULTI ENTRY TOURNAMENT CHEATERS!
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