Here is a review of the 5 months of ring games this year. 6 months would be a more normal point to do this at, but my database is full and I have to start a new one, so this is a convenient time.
None of the information below contains the results of S&Gs, MTTs, promotions, freerolls, non-holdem hands, or FTP.
Summary (559k hands)
I was fairly consistent with volume, which I ramped up in the last month. The reasons for that are, in Jan/Feb I still played some at FTP, and in Mar/Apr I took a week vacation in each month.
Hourly (515 hours)
We see I played ~25 hours/week in ring games and averaged ~$16/hour. I also earned ~400k FPPs (~$6,000-$6,400) for an additional ~$12/hour in incentives. $28/hour is not great, but not horrible either. If I included other types of poker it adds in some hours and probably lowers the rate a bit.
Heads-up (5k hands)
Heads-up is hard to multitable and the rake is large. I still made ~$27/hour over 11 hours with an MT ratio of 2, which is higher than I expected. With an additional ~$3/hour in player points (15% rakeback for heads-up). The sample size is very low, so can't draw too many conclusions about these results.
Limit (22k hands)
This chart speaks for itself. I obviously play too loose and I lose in limit and there is a reason limit is known as a game played by poo-flinging monkeys. The lesson - don't play limit.
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6-max (219k hands)
I played ~219k hands of 6-max with an MT ratio of 12.6 earning ~$12/hour. It was primarily short stacking and was mind numbingly boring. You also don't earn as good of rakeback at 6-max as full ring.
I played ~219k hands of 6-max with an MT ratio of 12.6 earning ~$12/hour. It was primarily short stacking and was mind numbingly boring. You also don't earn as good of rakeback at 6-max as full ring.
Full ring (313k hands)
I played ~313k hands of full ring with an MT ratio of 18.1 earning ~$20/hour. This was a combination of all different stack sizes. It would look a lot more impressive if I didn't lose $1k at NL($1) this month, which caused me to play over 60k hands of NL($0.50) this month to get that $1k back.
Conclusions
Play full ring, full stacked, 24 tables, and play tighter.
Experiment with 2-4 tabling heads-up to estimate the hourly.
If playing 6-max, play more tables, but not short stacked.
Don't play limit.
3 comments:
I am not doing the monthly results posts anymore. May was a hard month for me, being down for 3 weeks and finally making some progress near the end.
The year thusfar:
May: ~$1,100.
April: ~$8,300.
March: ~$3,300.
February: ~$1,800.
January: ~$3,400.
sick volume!!
This comment from a few posts back was very interesting:
'Here are some hands from today's sessions, as well as all my losing hands from NL50 and NL100 over 90BB this month. It is a somewhat pointless analysis, because big pots don't occur often, it is the leaks of bad calls of 3-bets, bad river calls, and bad play in 20BB pots that are far more critical since they occur all the time.'
I've long thought that all-in EV graphs were showing far from an accurate picture of how we're running. Would you care to expand on how these two concepts are related in a future post?
Igor.
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