Saturday, March 15, 2008

March 15th - Easter Break

Bankroll: ~ $20.000
Monthly goal: Getting out of this rut
Monthly win: $5.700
Hands played: 10.500


Unfortunately, my luck has not changed yet. With my bankroll reaching $20.000, I will be stepping down to $3/6 for the time being. I do not believe that I am playing badly, nor are the games too tough to beat at $5/10, so if my luck changes, I will move up again shortly.

Tomorrow I am going home to the Faroes on Easter break. I will most likely not be playing much poker, since I do not have a proper computer set up back home. I have been planning for a while to buy a laptop; but until my luck changes and the dollar goes up in value, it will have to wait.

There are times at the tables, when I see another buy-in slide over to the worser hand that happened to suck out, when I do feel badly about these two last months. Yet, mostly I have been able to take the bad beats without much sorrow.
Then there are the times when I see the players I rose up in levels with - some of which I outplayed - winning life changing amounts at $50/100 and $100/200, when I wonder if a good run - equivalent perhaps to the bad run I am going through now in magnitude - would propel me to those kind of limits; then again, I know by now that more likely than not my day will come when I finally break through the barrier that $5/10 has become.

My plan has long been to return to Las Vegas in June. I have been playing the satellites on Party for a chance to win a seat at the Main Event. Now I am not certain if it is such a good idea to go this year. I have quite enough money to get by, but I have also intended for it to be used for buying an apartment here in Denmark. Dashing out $5.000 to a trip to Sin City from my savings might not be the best of ideas. I will think about it while back home and hopefully I can make up my mind to either drop the trip or go on it before school starts again.

Wednesday, March 12, 2008

March 12th - Losing streak

Bankroll: ~ $23.200
Monthly goal: Getting out of this rut
Monthly win: $2.500
Hands played: 9000


These last months are steadily becoming the longest losing streak I have been subjected to. I always feels bad and it certainly affects my daily mood; however, I am surprised by how well I am taking the losing streak. I moan over an expensive weekend or a unexpected deficit on some credit card, while the ebb and flow of my bankroll that dwarfs out any comparison to real life economics hardly touches me in the same way.

This particular month has been a epic one in terms of wins and losses. I started out winning about $8.000 in a few days; soon thereafter my luck plummeted and I reached -$1.000 for the month. I had planned on writing an entry yesterday and at that time, I could have reported a $3.000 win for the month, but again todays session of only 300 hands and just about as many bad beats brought me to a record low for this month.

The tables are very profitable today, so I might give them another shot. If time and will permits I will write some more about this month's battle.