Sunday, July 20, 2008

Negative EV Hours

I listen to all of Bart Hanson's Cash Plays podcasts on pokerroad (most are pretty good - check out the Samoleous interview if you haven't), and one of the shows had him discussing the idea of negative EV hours with a psychologist.

The basic gist of the idea was that a lot of poker players focus on logging hours no matter the circumstances, when oftentimes playing when you're in a bad mood or when there are no good games going is giving you diminishing returns to the point where you would actually make more money by just not playing.

After the WSOP left, the games here have been shit. Just total, absolute, utter shit. The Bellagio, Venetian, Wynn, and Caesar's all had 10+ 2/5 games and 4+ 5/10 games going during the series on a weekday and maybe 1.5x that on a weekend. Now, there are 3 tables going on Friday night at the Wynn, which I have never seen in the 6 months I have been living here.

A lot of local grinders are leaving town to take a little vacation post-WSOP. I'm starting to think that might be a good idea. Fuck the hours.

Tuesday, July 1, 2008

God Bless the WSOP (June Results)

I ran really hot this month - This, combined with the atrocious play of a crazy influx of donkament tourist players led to a great month.

The WSOP is such easy money - this is sadly my first winning WSOP out of three years, but before I think I had such tremendous leaks in my game that I really didn't give myself a chance to win.

I have seen crazy shit here on a daily basis that just makes me go "wow." I can't believe players are this bad still.

I have also seen a lot of the internet grinders come out here and try to grind $2/5 and $5/10. Some do okay and some fail miserably not because they don't know the game, but they play way too fast and lack discipline/patience. If they were to play seriously for a few months though, it would be easy for them to make the necessary adjustments I'm sure.


So on to the results:

Hours: 112
Total Earnings: $6,141
Hourly: $54.83



July may be a big month; I am playing in a $100k freeroll tomorrow at the Wynn, top 10 get $10k, probably will be 200-500 entrants. I have played less than 5 live tourneys in my life and easily less than 50 MTTs online, but I have read HoH and have a basic understanding of M,Q, inflection points etc. so we'll see how I do. Structure is fast so I am just hoping I can hit a draw while I still have chips to get my money AI to gamboool. We'll see how that works out.