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As an aside, I forgot to mention on the challenge post, I still intend to play quite a few MTTs (DTD etc) but when I do, I will deposit exactly the sum of the buy-ins and withdraw exactly the returns.
Not much to report from this session other than that I ran quite badly, AA failing to hold up 3 times :-(. The only hand I noted again concerned the 'co-operation play' (I promised this thread is not all about these, these are just what are standing out in the £0.60s so far):
Day stats:
Played 22 £0.60s W12 L10
Bankroll: £13.97. Very disappointing start to the challenge but still confident, ran pretty poorly today but saw plenty to inspire confidence.
PS. I'm on holiday for a week now, will pick up the updates when I get back and also answer any questions/address any comments if any more are posted. Hope to see some of you progressing in your own challenges when I get back.
Run well everyone,
JC
Long time no see jc. Hope all is well.
Great blog (very long mind).
like scotty77, i am surprised to see you doing this challenge, when you could be multi-tabling 22 n 33 dyms for very nice proffit !
Best of luck tho, hope to see you at the bigger stakes is the not so distant future.
As a die hard DYM'er myself, personally id say aiming to win 55-65 games is a very realistic target. You may/will have spells where you win less than 55 due to variance, but hopefully youll have just as many or more very good spells aswell, winning more than 65 percent. (hoping to win 80 odd percent is just unrealistic)
The level ur playing obviously affects this alot. Personally playing 5.50 dyms i'd hope to be winning plus 65 percent as that would be my main proffit. Whereas when playing 33 and 55 £ DYMs winning only 55 percent can still be very proffitable if multi-tabling. I only multi-table 4 tables, and most months manage to accumulate over 12k points, giving me a tidy proffit thanks to the cash for points scheme .
Hope this helps
GL at the tables.
This is going to be somewhat unorthodox. But entertaining at least one would hope.
One of my few non-hungover Sundays so grinded. Ran so bad it was unreal. Think I played 24. Two 4 losing sessions (I play 4 at a time until they finish so I know where I am). 1 3win/1lose, rest 2/2. Premiums were getting busted continuously, dominating hands were getting destroyed. I made a couple of mistakes but had almost zero luck and didn't think I played too bad. W9, L15. BR was £30ish. Played an £11 one because I thought luck had to turn. Nope. Off out to my local live game which was our 3 monthly one which we save a wee bit towards each week so biggish money involved for prizes (for us). Again it was head shaking in disbelief stuff. Hey-ho.
Home by 8 after re-buying and still being 4th out. Sigh, sigh, sigh. Arranged to meet my latest lady friend but loaded up a £10 turbo. Doubled up early but still didn't cash. Sigh, sigh, sigh. Met my lady friend and came home cheery. Deposited £100 and tested my luck again. A £50 and a £30 dym. Cashed in neither. Pretty annoyed tbh and only had £25ish left. Was only interested in £50dyms due to pure drunken arrogance but had already hit my deposit limit. Roullette! Strangely got paid a few times when I thought I'd missed. Must have forgot to re-set it or something, not sure, happened too fast. Anyhoo, spun it up to £60ish. £55dym! Cashed! BR £110ish. Reg'd for a £30 one and a £50 one but they were never filling. So £50 Russian Roullette! Cashed! Withdrew the £100 that I couldn't really afford to lose. BR about £55 and that will do all things considering. I'll grind them again starting tomorrow.
I think I might have breeched your BR advice a tad. But all's good. Tomorrow's another day. Further updates shall be forthcoming, I can't run that bad again in the £5 ones. Not possible.
The above is all true, but don't copy me kids. It ain't clever!
Oh for the days when I had an £800 BR. Where did that go?! Oh yeah, I remember now.
only once out of 5 times did i attempt to do this and fail
anyways my question is this, when starting off with a small bankroll, i have built my BR up to £20 on the cash tables but then hit a blocker of ups and downs, do you think it would be more profitable if i started playing DYMs to build on the bank roll?or should i stick to cash tables?
Great line
the reason you have bankroll management is to prevent going bust with a bit of bad luck
Nice blog, agreed with all of it. I don't mind a DYM but as 1267 says, it's just not realistic to win 80% so it comes down to volume which is hard work when you have a day job and play for fun.
Was just gonna ask 1 thing if you don't mind. Do you get a buzz out of these roller coaster rides man ?
Great read btw, good post. Gl with your game and lady friends !
Oh btw that red bit was one of the funniest things i've ever read man. I have a sneaking suspicion that your idea of "grinding " is a wee different to most peoples. Oh well ....
vive la différence !
A couple weeks ago I had £30 in my account which is now £220 through almost exclusively playing DYMs and I was also planning to get to £1000 before withdrawing lol so does this count for this challenge? (I know it's just for fun)
Do you think I should include or subtract the £30 bonus I will get at the start of October?
I have almost exclusively played £1.15 to £5.50 DYMs (and their Turbo form) since the 1st September, and will ONLY play DYMs until I reach my goal.
1st September: £30ish
19th September: £217.54 GL to all on their own venture
Finished for the night, Won 20 of 22
3of 3 @30p
5of 7 @£1.15
7of 7 @£2.25
4of 4 @£3.30
1of 1 @£5.50
Not bad results for 1st update : )
Current Bankroll: £224.49
@ B_M : I get a buzz out of the rolleroasters when I'm at the top. Not so much at the bottom :-)
Played 12 tonight, won 8. BR: £69. Points : 1270
That's some results Poker Fail! Did you go to IrishRover's school of luck? :-)
played 8 i think tonight "won" 7
as he is well aware i find these very very boring and tedious so the challenge is whether i can do it night in night out
the "standard" is horrific
three examples from tonight
example one player a is down to 600 or so chips at 150-300 he folds down to 150 and then doubles up and then moans when his a10 is beaten by a nutter who pushed with 7 3. said nutter who pushed every hand from level 3 in despite player a not showing any indication of playing a hand.
example two players a and b both have a big chip lead after early coin toss against two other plays, they can basically pick me off they however decide to clash all in at level 3 with a9 against k10 whilst i watch on , beyond belief
example three standard play down to 4 handed i have fairly but not unbeatable chip lead, other three plays instant fold every hand for fifteen minutes or so allowing me to fold with them eventually two collide when they have 2 bb's each
amazing scenes
Some days I win nearly every game : ) but others I struggle to break even
21st to 22nd September: I have been ONLY 3-tabling the 3.30 DYMs to get an idea of my winning % and profit per game.
So far I have played:47
won:33
Win rate:70.2% (not bad so far, lets see if I can keep that up)
Now I may not be doing the correct maths here, but I think if I multiply my win rate as a decimal (0.702) by the payout (£6 per win) and subtract the buyin (£3.30) I will get my average profit. (Please correct me if i'm wrong)
So: (0.72*6)-3.30= 91p per game
Current bankroll: £240.14
(would have been a bit higher but my computer crashed while I was in 2 games and caused losses, because of this I didn't include them in the stats)
Common sense FTW!
Ps - i knew by checking i was going all in on flop 90 percent
£5.50 DYM
I figured I had to go all inon flop as he hadnt raised pre so no pairs and i wudda been up against 3 big stacks with just over 1 BB
just doubled up on 1st hand in a £5.50 DYM but went out on the bubble
I was sitting comfortably down to the bubble in 2nd with the blinds at 100/200 but i almost stopped playing and never went for any blind steals. In a strange twist of hands i was soon the shortsatck, but how often should I have been going for blind steals from the SB or button on a pretty tight table and what size raises as it was mainly in the 100/200 level I seemed to get caught up and passed?
I was totally card dead but i no thats no excuse nd know i played it badly
Cheers
As played checking behind like you did seems better than a Shove pre.
Johnconner, gl with your £20 to £1000 challange, I'm sure you will nail it. I think the hardest part for you will be to get out of the rake trap of the sub £3 buyins.
I'm going to take you up on your offer for others to do there own personal challange and post progress in this thread. But I'm going to start at the £3.30. Ill start tomorrow, Sunday. I'll deposit £60 and play to 20buyins (excluding rake) and try to run it upto £1000
Also, that 20/22 session is pretty incredible, more of those please. Varience, can bite back, though, as you have seen and I hope you continue with the challenge and wish you every success with reaching the £1k mark.
I can't really say whether cash or DYMs are the correct way forward for you, unfortunately, it is down to the individual. I personally cannot play cash for the life of me, despite several attempts. What I will say, though, is that if you are continually hitting the wall at cash when you reach £20 BR, then, yes, it may well be more profitable to use DYMs as a method of building a bankroll. Best of luck to you, whichever route you go down.