August 18, 2012
My first post in this blog actually got some comments which was nice. I had a blog a long time ago and only friends in real life ever read the damn thing.
I may have to clarify a couple of things in my "great plan". Becoming a Pro is a dream. Not an impossible one considering the time at my disposal and my financial situation but still, at this point calling it anything else would be silly. Playing really small, PLO 10 Zoom, isn't ideal from a financial point of view and neither is PLO 25 or 50 Zoom considering the rake and minimal profit (if any). My reasons for playing so small and putting in a lot of volume at those stakes are as follows.
Tilt control - I tilt a lot! This is something I'm well aware of and without a doubt my biggest leak. The thing I've noticed is that, the amount lost in a pot doesn't matter. It's loosing a pot I "should" have won that tilts me. My plan is to plug this leak in the months to come and playing small until I've managed to do so should be the best long term decision. I'm not saying I'll be able to become a robot that never tilts but hopefully playing with fish that do things that tilt me all the time will at least take me on a path towards less tilting.
Challenge - There is people all over the place claiming that Small stakes PLO can't be beat, because of the rake. Well I like a challenge! The way I see it is that if you can't beat PLO 25 due to the rake you'll probably be a fish at PLO 200. I may be wrong but I'd like to be able to beat every level before moving up to the next one. If I can't well then I'll change my plan somehow. I've got time...
Volume - The more you play the more you'll learn. It's easier to get in a ton of volume at lower stakes and it can be done without risking too much money. This is also why I play Zoom even if it isn't the same thing, no reads etc. The play isn't the same at higher stakes but the situations are.
Is my time schedule realistic? I think it is but I may have to revise it. Like any project (I'm a project manager) you have to have goals and a timeline. In the beginning of any project you have to decide the relative importance of time, money and quality. In this PLO project quality comes first then time and the least important is money. May seem stupid since it's money we are trying to make while playing poker but that comes later hopefully as an effect of this project that ends when I've reached PLO 100. What I mean with quality is simply the improvement of my decision making and tendency to tilt. I want to do this journey as quickly as possible and therefore the timeline and the reason as to why time is of more importance than money.
A lot of rambling in this post. If none of it makes any sense to whom ever might read it I apologize for wasting your time. I guess I wrote this more to convince myself of the greatness of my plan than anything else :)
BR is now $449.65 (10267 hands at PLO 10 Zoom), +129.33$ (All-in Adj: $125.67)