Monday, 30 May 2011

Supernova Challenge

Poker-wise May has been something of an epic fail, and it looks almost certain that I shall end the month in deficit. Somewhat depressing, although not wholly unexpected in a game with so much short-term variance. I'll post a full May review, but for now I want to focus on staying positive and motivated for the month ahead. With that in mind I've decided to challenge myself to achieve Supernova status on Pokerstars in just over 6 weeks.

One of my goals at the start of the year was to reach Supernova by the end of June. Unfortunately so far I've only managed to accumulate a measly 63,500 VPPs, so I'll need to average over 5000 VPPs per week from now on to achieve my goal. There are many grinders out there who could manage that in their sleep, but for me it will be a challenge and will hopefully motivate me to put in more hours and focus less on monetary results at the tables.

Supernova Challenge:
1. Achieve Supernova status on or before 17th July 2011.
2. Keep a daily record of VPPs to aid motivation.
3. Review monetary results only at the end of each day (not during a session).
4. Update blog every Sunday with a running total.

Monday, 2 May 2011

Wasting Light

I treated myself to a few days off at the end of March, and it didn't take long for my motivation resurface. I'm naturally an ambitious person, and given that poker seems to be a viable way to earn a good living for the short-term future, I hope to make the most of the opportunity. A short break really helped me to re-focus on that and begin April with renewed vigor. Two weeks into the month I had already made over $3k from 350 games and was on schedule to have my best month yet. However, it wasn't meant to be as the announcements on April 15th led me to another short hiatus from the game and a disappointing end to the month.

The views on what poker players have dubbed "Black Friday" are numerous, diverse and almost entirely speculative. The general consensus is that it's only a matter of time until poker is legalised in the USA. But we have yet to see what legalisation will look like. Initially I was very disappointed by the news. However, so far the impact on me personally has been minimal. Traffic is down, but there are still plenty of 6 max STTs running and fewer regs to contend with. The main impact may be increased variance as I will now have to play more turbos.

On a brighter note, Pokerstars are scheduled to announce improvements to their SNG rake calculation and structure during May. This can only be a good thing. A more detailed explanation can be found here.

April profit: +$4153

Yearly profit: +$16,754
Yearly VPPs: 49,651