Saturday, December 31, 2005

Going Forward In Reverse

Rather than looking back at the year that was, lets look forward at what will be. That's not to say that last year wasn't worth remembering. I had a very nice year at the tables. It's just that if anyone really wants to know, then read the archives. Personally, I'm more interested in what I will accomplish in the future.

The first part of this coming year has to be dedicated to bankroll building. After a rather expensive Christmas of giving, and receiving, I have left the bankroll in some sad shape. The total currently sits at $436.69. In order to be able to play the range of tables and tournaments that I want to I'm going to need about three times that amount. I'm not willing to put any money into the bankroll at this point so that means it's bonus whoring time. For the immediate future if I don't have a bonus or some other incentive to play at a site, I won't be playing there.

To go along with the bonus whoring, I've also decided to not play any ring games at a site if it is not supported by Poker Tracker. Being able to review all hands played will be important if I'm going to improve myself as I restart the building process. Taking this edict into account, I will have to give up some bonus money awaiting me at Titan and Noble. The bonus was substantial at Titan but I'm willing to give that up for the ability to review my hands in Poker Tracker. I may still play tournaments at these other sites, just no ring games. It's time to put that money I spent on the Poker Tracker Guide to good use. I may even begin doing daily updates. (The aforementioned was meant to be said with sarcasm.) But seriously, I might.

I've always been a devout proponent of having 300BB's at a limit before playing that level. I've fluctuated the levels I've played at in the past based on it. Having said that though, I'm going to break form and play $1/$2 with my $400 bankroll. I am very confident that my risk of ruin at that level is close to zero. I should be able to clear bonuses faster than playing at the .50/1 level as well. In order to feel comfortable with that decision though I'm going to have to make some sacrifices. Namely my recent Sit-N-Go adventures will now have to go on hiatus. I also can't afford to spend money on many multi-table tournaments.

I will continue to play in the weekly Kansas City Poker Club online tournaments which occur on Mondays. These are only $5 buy in events and usually there are only 6-8 of us even playing. In the 4 that I've played I've managed 2 wins and a second. I will also play the monthly KCPC live tournaments but I'm going to have to give up my monthly Casino play until I can get a live bankroll going.

Since I brought up a "live" bankroll, I've also decided to split my bankroll up a little. I will concentrate on bonuses and bankroll until I hit the $700 mark. I will then take $200 of that and create a "tournament" bankroll. This will be used for multi as well as single table tournaments. The goal is to have this bankroll be self sustainable so the buy-ins I play will be adjusted according to my comfort level within that confined bankroll. A third bankroll will be setup for "live" play. For the January tournament I will just pay out of pocket for the buy-in. For all future tournaments and casino play I will use an established bankroll which will also need to be self sustainable.

Once I have been able to establish each of the bankrolls I will begin to use my online ring game roll to delve more into the no limit arena. Online no limit was kicking my ass a little last year so I want to get in the black with those games as quickly as possible. I also want to get in the black at 5/10 but it may take a while to get back to that level.

Of course all of this will be dependent on my doing something I've never been able to do before. That is to leave my bankroll alone. I hope to take a weekend in Vegas come March and then perhaps take a trip out during the WSOP. These trips need to be paid for entirely by the poker bankrolls. Everything from the plane tickets to the food I eat. That means no screwing around and building as quickly as possible.

After taking a few weeks off I'm ready to get back into it. I will be playing at Check N Raise until my last $30 in bonus is retrieved. I'll then take advantage of the Full Tilt reload before the 4th. I currently have $650 in bonuses spread out among a few sites so after the Full Tilt reload I'll move onto those before taking advantage of another reload.

See Ya At The Tables