Tuesday, May 26, 2009


Seabeast : made his bones in cash games before switching to tournament poker, that what I need to do, stick to cash till I have a roll that can make some damage.

TheAshman103 without the tilt and degen behavior and better bankroll management, but please give me his balls and skills. He is a true rags to riches story (740 usd to 970k usd in 1 year 3 months, and then donating back almost half of his net worth trying to compete with deep pocketed best of the best players). Heres his story in his own words of his rise based on pure skill and balls. A related highly negative cover story on this guy here.

Ben Grundy: another mid stakes grinder who successfully made his mark in the big games, of course he runs better than God. Please give me his god-like-running ability.

Last but not the least, my favorite Foucault: Needed his skills in cash game and life.

Foucault's 35th place finish in last years WSOP main event brought hm the check above. His bread and butter though is cash.

Monday, May 25, 2009

Savings allocation

Heres my savings allocation as % of total savings (excluding 401k), Ive been using this for the past couple of months with some degree of flexibility of course :
  • Cash savings : 47% (i will probably reduce this substantially by end of the year, probably re-evaluate this one around Aug-Sep)
  • House : 23% (saving up for house buying)
  • Retirement: 30%
  • Undecided: poker earnings (right now its kind of an even split between cash savings and retirement)
I got a nice boost this month as the Indian stock market sky rocketed and the Rupee appreciated versus the dollar as well.

Saturday, May 9, 2009

Some reshuffling

Ok so I have about 1800 in my trading account and 1900 odd in my poker account, I have been able to generate a +ve cashflow of atleast $400pm from poker, and trying to increase that to atleast 700-800 by the end of the year. So obviously it seems poker>measly trading account.

I thus decided to close down my trading account for now and move the money into my poker accounts. I'll do that in 2 batches of $900 each.

Just finished a hand against an absolute donkey:

Full Tilt Poker Game #12113272302: Table Lord (heads up) - $0.25/$0.50 - No Limit Hold'em - 3:15:10 ET - 2009/05/09
Seat 1: ME ($91.50)
Seat 2: Cryandcatchme ($24.25)
ME posts the small blind of $0.25
Cryandcatchme posts the big blind of $0.50
The button is in seat #1
*** HOLE CARDS ***
Dealt to ME [Qs Ah]
ME calls $0.25
Cryandcatchme raises to $24.25, and is all in --> open shoved thrice in a row and i would hv snap clled with any A
ME calls $23.75
Cryandcatchme shows [Kd 7d]
ME shows [Qs Ah]
*** FLOP *** [8c 9s 4c]
*** TURN *** [8c 9s 4c] [4h]
*** RIVER *** [8c 9s 4c 4h] [2h]
Cryandcatchme shows a pair of Fours
ME shows a pair of Fours
ME wins the pot ($48) with a pair of Fours
Cryandcatchme stands up
*** SUMMARY ***
Total pot $48.50 | Rake $0.50
Board: [8c 9s 4c 4h 2h]
Seat 1: ME (small blind) showed [Qs Ah] and won ($48) with a pair of Fours
Seat 2: Cryandcatchme (big blind) showed [Kd 7d] and lost with a pair of Fours

He immediately quit after this hand, poker will be profitable as long as such donkeys are around !!