Tuesday, April 5, 2011

4-5

Yesterday played 10,000 hands for a marginal profit and 4,500 VPP's. Today played 8,000 hands for a marginal profit.

Marginal profit is my biggest fear with playing 6-max. While the number of hands and VPP rate is phenomonal, the game just isn't very profitable. I have played about 40,000 6-max hands and have a good feel for the game and the other professionals playing the game. I have looked up all the pros and very few are winning players, the ones who are are marginal winners at best.

While breaking even and taking $100,000 in bonuses is great, the swings involved with being breakeven are huge and create an incredible emotional rollercoaster. When you are a significant winning player, you will go through downswings but they are short in duration and light in volatility. When you are a breakeven/ slight winner, your downswings can be very damaging.

I have a couple options, I can go back to playing full-ring and play 40% more hours to get to SNE but with a considerably higher hourly winrate. I could also try to breakeven at 6-max during the week, hit my VPP goal and then use the weekend to work on my profit. I'll keep grinding 6-max until Friday and see where I'm at.

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