Wednesday, May 01, 2013

Poker: Financial results for April 2013

financialChart

Plan

My monthly targets for April were:
- Play 800 hands of cash on NLHE $1 6-max (Speed) with target of breaking even
- Play 6400 cash hands on PLO $0.50 6-max (Zoom) with target of breaking even
- Play 20 NLHE STT hoping for +10% ROI

I have changed my targets this month.  It's a bit aggressive on the PLO, but want to give it a try for a month and see how it goes (time and money wise!)

Monitor

Overall results for the month:-

Pokerstars      :  -$  513.06
Black Belt Poker:  -$  561.13  (-£360.44)
Live play       :  -£   30.00

Pokerstars results break down as follows:

Cash results ($-491.31 overall)
8 Game    ($2.00)              $ - 58.32
PLO Zoom  ($0.50)  9957 hands  $ -432.99

Tournament Results ($-22.00 overall)
1x  STT (SCOOP sat)        $  0.00
2x  MTT (Passport)         $ -22.00

For Pokerstars, my main activity was to focus on PLO cash.  See http://www.blackbeltpoker.com/blogs/read/4020786/sceaga/First-month-results/ for a bit more detail.  

8 Game wins/losses by game type for this month:
2-7        + 8.75
Limit HE   +82.30
Omaha HL   - 6.78
Razz       -42.00
Stud       -72.23
Stud HL    +23.16
NL HE      -16.11
PLO        -35.41

BBP results break down as follows:

Cash results (£-343.11 overall)
NLHE Speed  ($1.00)  3484 hands  -£343.11

Tournament Results (-£17.33 overall)
7x   MTT             £  0.00
2x   10 seat STT    +£ 23.42
7x   10 seat STT    -£  7.79  Maui Jackpot
19x   6 seat STT    -£ 32.96  Rio Jackpot

Reflect
The first month of serious cash play was a little disappointing overall.   My NLHE step up to $1 level started poorly but did improve in the second part of the month.     The PLO was very swingy but overall lost both halves of the month, so definitely needs improving !   

My other activities were pretty inconsequential by comparison, with not a great deal of volume to draw any firm conclusions.  

May Targets
Due to holidays, etc will probably only play two weeks in May.   My targets will therefore be:
- Play 400 hands of cash on NLHE $1 6-max (Speed) with target of breaking even
- Play 2400 cash hands on PLO $0.50 6-max (Zoom) with target of breaking even
- Play 10 NLHE STT hoping for +10% ROI

Strategic Objectives
*  Keep to Poker Plan
STT/MTT results are a little disappointing, but have got the volumes in.  
*  Focus on less variants of cash games
So far, so good.
*  Break even on all cash games
Not consistent enough yet, but getting there
*  Fiddle around less with MTT/STT variants, concentrate on NLHE and 8 Game
Achieved this month, apart from getting side tracked by Micro Millions :)

References
January 2013 http://sceaga.blogspot.co.uk/2013/01/poker-financial-results-for-january-2013.html
February 2013 http://sceaga.blogspot.co.uk/2013/03/poker-financial-results-for-february.html
March 2013 http://sceaga.blogspot.co.uk/2013/03/poker-financial-results-for-march-2013.html
April 2013 Cash Challenge http://www.blackbeltpoker.com/blogs/read/4020786/sceaga/First-month-results/

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