Thursday, September 17, 2015

Project 10K - Final Thoughts and Stats

I ended up playing 100 hours over 22 sessions and won $6,927 which is an hourly rate of $69.27 per hour. Here are some other facts and stats:


  •  It only took me 62 days to put in those hours which was much less than the 3-4 months I'd planned.
  • I had 15 wins and 7 losses. 
  • My average loss was $825 and my average win was $847 (that's closer than I would have expected!)
  • My biggest loss was $1,660 and my biggest win was $1,846.
  • I bought 21 orders of satay chicken with broccoli and 1 order of french toast with chips, which cost me $220 so technically I won another $220.
  • I got dealt roughly 3,500 hands
  • I'd estimate I won about 400 pots.
  • I tipped about $400 at the table - about $1 per pot on average
  • I tipped another $15 at the cage - $1 each time I had a winning session
  • I tipped the janitors about $10 total
  • I paid about $1,600 in rake to the house and another $400 in rake to the bad beat jackpot
  • If I had not tipped and there was no rake I would have made about $9,350 instead of $6,927.
  • I lost $70 in 0.5 hours of $6/$12 Omaha
  • I lost $225 in 3.25 hours of $6/$12 limit hold'em
  • I lost $285 in 1 hour of $15/$30 limit hold'em
  • I lost $823 in 7.5 hours of $1/$1/$2 (including $460 that was actually $1/$2/$2 at Bay 101)
  • I won $8,330 in 87.75 hours of $2/$3/$5 ($94.92 an hour!) - ZING!
I'm really surprised that I lost at everything else buy $2/$3/$5. I actually lost more than $100 an hour at $1/$1/$2! I know that's a small sample, but that's really running or playing bad.

This was a great result overall. I was thinking I'd be really happy with a $5,000 profit so to land around $7,000 feels great. 

What comes next is I'm going to pound the oaks for a few more months and then start my next project - Project South Bay Destruction!

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