End of year review

As I am winding down operations and hardly playing between now and the New Year, I thought it would be a good time to look back on 2007.

This year has definitely been a lot tougher than 2006. When I gave up my job in March 2005 with a small bankroll, I just couldn’t stop winning for most of 2005 and 2006.

Between January and June I definitely got close to going busto. I had losing day after losing day, and I never thought it was possible to run so bad, for so long. Of course alot of it was my fault. Playing games that were too big when out of form. Poor game selection, and lots and lots of tilt. I think at one point in April I was about $400,000 down for the year… yikes.

Tournament form throughout the entire year hasn’t exactly been good either. I’ve gone deep in a couple of EPT events without making the final. The lowest point of the year came when I bubbled in the $5000 rebuy PLO in Vegas. My bankroll was battered and I had a massive chance to win the tournament being in the top five in chips with twenty players left. My AAxx failed to beat KKxx and that was that. Tournaments have huge variance though, and I don’t play very many, so I have to hope 2008 brings better luck on that front.

As terrible as the first six months of the year were the next six months have been amazing. I’ve been running the opposite of the first six months of the year, and when I’m confident and winning I play better.

I just calculated that I am over $1 million up in PL Omaha cash games for the year, and about half that down in NL Hold’em cash games. Most of the Omaha profit coming at $25/$50 and $50/$100 … with some wins at $100/$200 as well. If only I hadn’t played Heads Up Hold’em big stakes at the start of the year, then a very good year would have been an amazing one.

I definitely feel like I should be playing the $200/$400 PL Omaha game on Full Tilt. I just can’t face putting my entire bankroll on the line so we shall see.

Some aims for 2008

- Number one aim to practice better bankroll management and game selection. I will not allow myself to make the same mistakes that I did this year.
- Play some high stakes cash games in Bobby’s room at the Bellagio.
- Get luckier in tournaments.
- Crush the big PL Omaha games online.
- Have a winning year at NL Hold’em cash.
- Play less poker.
- Don’t lose over 50% of my bankroll in January as I have for the last two years.

Playing the big tables!

I have had a big rollercoaster in the last 4/5 days. Been playing $50/$100 up to $250/$500 PL Omaha and NL Hold'em. Here is a pot i played in $250/$500 NL Hold'em...

Big Call

I played Heads Up $100/$200 PL Omaha yesterday and reached my biggest ever stack on a poker table, as you can below. I did lose $55000 on a couple of other tables but won $130,000 on the session. A nice Xmas bonus!

I was going to go to EPT Prague, but am so busy over the next week i just don't have the time. Was looking forward to it as well, as i have never been to Prague.

GUKPT Final

It didn't go to plan! We started with 15000 chips and i lost a fair chunk on the opening hand. Blinds 25/50... i faced a raise and reraise to 600 to play before i looked down at AsKs in the big blind. I called and the flop was Qs4s5h... opponent checked and i bet 1000. He made it 2000. I considered reraising but i was a little concerned he had QQ. Turn was an offsuit J. So i had a Gutshot too now. He bet 2500 which obviously priced me in. River was a blank and if he checked i was going to push, but he bet 3000 and i folded.

After that without really hitting very much i managed to get up to 25000 practically playing every hand. I won a big pot on a 9T37A board with 68... that was the high point.

My exit hand was slightly bizarre. I pushed when i really shouldn't have with Kc2c after floating on a Ac3d3s flop the 4c on the turn, seemed a good spot to check raise all in. My opponent was probably pot committed though and called with A4. If the 4 hadn't arrived on the turn i'm sure my plan would have worked!