Friday, 8 October 2010

Live pro'ing it up for the rest of the week...or am I? (cliffs at btm)

Yo yo,

I'm probably getting scammed by this new ISP I've decided to go with but after moving into my new flat (which I'm loving and photos will come when I can blog from my computer once again!) I am yet again without Internet. Urgggh such a pain! It's getting activated on the following Thursday apparently. I asked if they could do anything to speed the process up as really I need the Internet to make my money. Well I could pay £160 to get it done by Monday but then I'd still miss all the weekend action so decided to just wait it out a few more days.

To keep myself busy inbetween chilling with friends and playing the new Starcraft 2 (note to self: do not get addicted!) I shall be making frequent visits to my local card room dusk til dawn to hopefully grind out some form of wage for the week. I've been very fortunate in not having a losing week since I've been back in Nottingham so far, but this could well be
my first losing week coming up here.

I'm not being too pessimistic just realistic really. Live you just can't get the volume in that you need and also the rake live is pretty absurd! I mean i played today in a £1/£2 Holdem game for a while and it was 10% rake up to £10 per pot. Dtd were even advertising their live £25 deepstack which has a further £7 in rake. It's not really dusk til dawns fault though obviously. It costs a hell of a lot to fund the place and it is a nice and professional gambling environment so I'm happy to support them and very grateful that the club is situated so close to my flat!

Regardless, this weekend I'm going to play the £200 deepstack on Saturday and the £100 deepstack on Sunday. Aa far as cash games go after I'm really undecided. I don't really enjoy playing live cash that much to be honest and even if I assume I crush full ring live for like 5-10bb/100 which I probably don't anyway (loltourny donk) after the rake is taken out my hourly would still be really terrible. Especially as you get like 25 hands in an hour at live cash. grinding £2.50-£5.00 an hour with a ton of variance involved doesn't really sound that great at all.

But then, I am at heart a grinder and really feel like I can't only play 2 tourns this weekend lol! I mean, think what ivey would do!

An alternate would be to play some dealers choice mixed games like I played tonight which are a lot of fun, but I'm pretty sure that game can't be beaten in the long run particularly at £2/£2. The most common games in rotation are 6 card PLO hi/lo, 6 card PLO, super stud and paduki. The reason I say that I don't think they can be signficantly beat is because a lot of the pots end up being split which still have 10% rake up to £8 and the hands/hour is ridiculously low due to everyone playing every hand. And let's be honest PLO is swingy enough as it is without making it full ring and adding an extra 2 cards on top ;-) I think part of the issue is you could probably crush the game but it would take years to ever get the kind of volume in to show any signs of sustainable profit just because the variance in these games is so ridiculous.

Saying all this, I still really enjoy the mixed games. But I think the wisest thing to do would be to treat it as a pure gamble and play it recreationally occasionally when I have a much bIgger bankroll so that dropping 5 buyins is like a splash in the ocean.

Damnit, I ranted on too long and I'm on my iPhone so it's super hard to edit. So here are cliffnotes for the 90% of readers that don't fancy committing an afternoon slogging through this post:

-Internet down so playing live this weekend
-live cash is pretty boring and probably close to unprofitable for me at my stakes
-live mixed games are fun but are also one hellova gamble and probably unprofitable for me
-might just play the £100 and £200 deepstacks only and be a massive slacker as a result


  1. i lold at "live cash is pretty boring and probably close to close to unprofitable for me at my stakes" no money at dtd everyone solid?