Thursday, September 08, 2005

Calculated Risks.

As it turns out, I begin working in October. I can pretend to be a lawyer all day, every day. The best part is, I'll be getting paid. I have to call the firm and find out which day I start, but for now, I'm off. :) Three weeks off, an online poker bankroll, and no specific "wake up" time loosely translates into full-time poker. Coincidentally, it's 4:20pm. Interesting. :)

I have written earlier that my post-bar-exam $65 deposit is flourishing nicely. I have been taking daily stabs at $20+2 MTTs, and I'm even dabbling in Omaha 8. (What's wrong w/ me?) Playing within my "roll" is something I'm very good at. I take poker very seriously, and I'm extremely happy w/ my discipline level. My stats for the last month are great, and my PokerTracker numbers are ALL green. :)

I can finish the month of October just as I'm doing now. Slowly grind, play w/in my roll, take some shots at a few MTTs, and bonus whore. That's safe. I won't run the risk of busting out. So, fuck that. It's time to put it on the line, like just about everyone else does who "takes a shot" at online poker.

THE CALCULATION:
Higher limits will yield higher rewards. If I bust out, I can reload once I'm a lawyer (and by the looks of my calendar, that's not too far away). By taking more chances, I might be able to score big - either in a ring game, MTT, or possibly a WCOOP event.

THE RISK:
1) Play "above my head," which entails playing at limits my bankroll cannot support. I will NOT adhere to the 300BB rule of thumb for the remainder of this month. Of course, I will make sure that I have enough to "buy-in" at a certain limit a few times... but I'm going to TRY not to worry about going broke.
2) I will also be playing more MTTs. For most people, they are -EV, which is understandable. Including MTTs, I'm going to play more satellites. I'd love to play a WCOOP event this month, since I won't be getting to AC.

I already played some $3/6 6Max today. Dropped around $95 and it didn't phase me. Not necessarily a "tough" game, but I got rivered twice, and that would have made a huge difference. Therefore, I can't be angry w/ my play.

--
Lou