This blog entry title is not a question, its a statement!
I decided early in the year that I was fed up with grinding the SnG's and so decided to predominantly only play multi tournaments.
So because I wanted a good range of regular, low buy in tournaments I ventured back onto the Pokerstars.com virtual felt.
My theory was to play small buy in tournaments with a view of hitting the odd biggish win and progressing up the buy ins until I win my millions ... well win more than last year anyhow.
Anyway after about 70 buy ins I thought I was doing well with cashing in around 30% of the tournaments and hitting a couple of 2nds to boot. The spread-sheet however told a different story!
I was about $50 down - not a lot I know but considering I don't believe I can achieve statistics better than that I couldn't see where my profits were going to come from.
Add to that the fact that these multi tournaments were taking so many hours out of my life I could have definitely been in profit playing SnG's for the same amount of time.
So what now?
Well I am back grinding the SnG's and trying to hit the PartyPoker.fr leaderboards ... again! ... for some extra cash.
I am using my points to play in the free-roll Multi Tournaments. (Currently converting 500 points into approx. $25 whereas cashing in the points for bonuses would only get me $5)
And trying to cheaply qualify for bigger tournaments where 30% cash rate will equate to far more than my initial buy ins.
So its back to the grind for me - nothing ever comes easy in this world.
Until next time
Keep it Tight!
Wednesday, 20 August 2014
How difficult it is to make profit in Multi Tournaments!
Posted by Geoff at 12:37 0 comments
Saturday, 4 January 2014
2013 in numbers
A quick selection of figures from my 2013 poker campaign!
Total number of buy ins : 1744
Number of SnG buy ins : 1125
Number of cash game buy ins : 405
Number of multi tourney buy ins : 214
SNG ROI : 10.62%
Cash game ROI : 1.03%
Multi Tourney ROI : 8.91%
Freeroll Profit : $115
Bonuses : $95
Longest SnG cash streak : 10
Longest SnG losing streak : 8
Multi Tourney over 50 players best position : 4th
Total multi tourney cashes : 74
Multi tourney cash %age : 34.5%
Number of multi tourney wins : 0
Largest field cash : 992nd of 14775 starting players
Number of final tables : 23
Largest field final table : 7th of 206 starting players
A profitable year last year!
Lets hope for the same this year.
Good luck at the tables for 2014 all!
Until next time
Keep it Tight!
Posted by Geoff at 12:29 0 comments