Friday, March 21, 2008

20% of the way there (plus great news!)

Today was day 81 of 366 this year meaning we're 22.13% of the way through the year. So far I've earned 205,242 points of the 1,000,000 I'll need to hit my year end goals which means I'm 20.52% of the way there. So far the year has gone better that I'd hoped it would. Since my last post I've played every day and won 7 of those 8 days with the loss being a very moderate $506 loss (6 of my 7 wins were larger than my one loss).

Also I came across what can only be described and fantastic news. I just crossed the 200,000 point mark this week which entitled me to a $2,000 bonus. I knew I had to jump through a hoop or two to get my bonus and I wanted to check the website for exact details (I have to give them some FPPs and earn 10,000 points within 120 days - no big deal). While browsing through the info about the VIP club I saw that they had changed the milestones required to earn similar bonuses as well and the corresponding rewards.

Last year when a player reached 200,000 points they got $2,000. At 300,000 they picked up another $3,000. At 500,000 points it was another $5,000 and at 750,000 points they got another $7,500. If someone played enough to earn all of those bonuses they'd earn $17,500. Pretty amazing right?

Well recently they changed the milestones to 200,000, 300,000, 400,000, 500,000 600,000 and 800,000 with bonuses of $2,000, $3,000, $4,000, $5,000, $6,000 and $8,000!!! This means that if everything goes according to plan (which I'd say there's a 95% chance of now) I'll pick up $28,000 in bonus cash instead of $17,500! SWEET!

Of course there's still the MEGA year end bonus which is my main focus, but finding out I'm going to get paid an extra $10,500 for something I was going to do anyway is pretty amazing.

Thursday, March 13, 2008

Progress Update

It's been a few weeks since my last post and during that time I've had some substantial ups and downs including my worst day ever! YUCK!

After my last post I ran off a few small, but not insignificant wins and then had a day where I got totally rocked. I started the day ahead over $1,000 and then fell like a safe thrown from the roof of a skyscraper. In the span of about 6 hours I went from up $1,000 to losing $5,000! That's -$16.67 a minute for 6 hours! Of course that's what can happen playing two $10/$20 games and two $15/$30 games at once. Amazingly I feel like I played just fine, but I just had an insanely bad run of cards.

The bit of good news was I cashed in 100,000 FPPs that day for $1,500 and won close to $1,000 in a $530 multitable to finish it off so while it was still a terrible day it went down in the books as very, very bad instead of an epic disaster.

While you might think that was the worst day ever (it was certainly the worst 6 hours of my professional life) that I alluded to above, you'd be wrong! 9 days later I lost about $4,500 with nothing to cushion the blow. My previous worst was way back in 2006 and came playing four $5/$10 blinds no limit cash games (Those are $1,000 buy in games). During that session I lost THREE pots that had over $2,000 in them in the span of about 15 minutes. I ended up losing just over $4,000 on that day and have been lucky enough to not have any days worse than that since until recently.

So what does this all mean? I must be close to broke right? WRONG! Despite those two awful days I'm still doing really well for the year. In the 62 days that I've played so far this year I've had 41 winning days and 21 losing days. More importantly I've had 17 days where I've won more than $1,000 and only 6 where I've lost more than $1,000. Despite the 6 hours of doom, February was the second best month I've had in the past 24 months and even though I had my worst day ever in March and it's only two weeks into the month I'm still having a solid winning month!

My point production is still behind where I want it to be, but I'm cautiously optimistic about the coming months. So far I've earned about 165,000 of the 1,000,000 points I need for my Mega year end bonus. I expect to be in the 210,000-215,000 range by the end of march and have plans for an insane working month in April which could put me almost back on pace. By the end of April I'll need to be at 333,000 points to be right on track and I think I can make it to about 315,000 which isn't that far off.