Monday, December 1, 2008

how do you know?

Things are going alright in my poker world. It looks like I am still on track with my goals so far. I do realize that I have a LONG way to go and have to take what is given to me and not force anything trying to reach a goal. I am still doing the $5.20 DON’s mostly and mixing in some heads-up and small buy-in MTT just to keep from getting burned out on the same format. I was thinking about accurate ROI% and I don’t think anyone but the high level players can ever really know what their true ROI% is. I have read that even a 1,000 game sample is too small of a sample to verify your ROI%. The problem is that most positive ROI% players will move up to the next level well before even reaching that amount. I ran a 35% ROI on the $1.20 DON’s but I only did 90 of them before moving up to the $5.20 DON’s! Did I run lucky or not?? We will hopefully never know because I sure hope never to be at that level again. Now I am doing $5.20 DON’s, but I only need another $15-20 profit before I begin to take shots at $10.40 DON’s. Only problem is that I have only ran around 40 of them and I have run at 20% ROI. The first 9 I went 9-0 and 92% ROI. The next 11 I went 3-8 and -47% ROI. The next 20 I have gone 13-7 and 25% ROI. So I have a slight dilemma… Since my sample is so small do I stay at this level longer until I have at least a 100 game sample or move up again? If I want to reach my goals I have to move up when my bankroll supports it so I think I am still going to move up. Of course if I lose the first couple of $10.40 DON’s I will drop right back down to the $5.20 level. The good thing about my long term goal is that I never plan on going above the $20.80 DON level to achieve it. Once my bankroll is large enough to play the $20.80 DON I am planning on staying there and just adding more tables until I am 4 tabling. If I reach that point then I achieved my long term goal and will set new ones then. Until then…back to the grind.
C-ya at the tables
Dave

Starting BR: $173
Ending BR: $187

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