Sunday, 2 January 2022

My biggest mistake and how to improve

 Happy New Year! 2022!!

Thanks, everybody, and readers and commentators. Did try to delete some comments - not relevant ones - not finished yet, but I will do it. So, please only comment topic, or your comment will be deleted eventually. 

About me: I did take a year of poker. Not entirely. I played here and there - mainly at Pokerstars, but I didn't play with my heart and soul and the amount I did previous years. Tell you the truth, I did burn myself out, and I will give You the reason (why I think like that) and solution (how can I improve myself).

Aiming to be a professional poker player after a year or two playing poker was very unrealistic.

Under a professional player, I mean, the person who can pay all the bills and expenses for living by playing poker. It is not possible to play on the micro-level at all. The time you have to put in play is so huge, and without being superhuman or super lucky, it is simply not possible. 

A realistic approach is by playing level 3 (blinds 0.05/0.10), you can win $20 - $80 per week if you are willing to play at least 20 hours and 10 000 hands in one week, and your win rate will stay between 2 - 8 

In my opinion, this is a lot, and there is still a big possibility to burn yourself out. Definitely, this is not an intelligent thing to do if you are just a beginner. Also, keep in mind, to play on this level, you should be able to invest at least 20 to 100 pay-ins at the start of the level, or in other words, $200 - $1000, and you might do this several times per week, per month, per year. So be very clear about how much you can or are willing to invest. It will cover variance and tilt. I am sure you will discover both of them playing that amount of hands per week. 

By short: You have to invest $200 -$1000, and your possible outcome will be $20 -$80. Every time you start the session/level, this is the money you should have in your poker account time you start session/level. If your aim is to begin possibly low, or you can't afford at least $200 on your poker account, consider lower lever, or just play for fun and don't build up hopes after one or two ''lucky'' sessions. Keep in mind that earning $200 - $800 and making your investment even might take up to 10 weeks (two and a half months), even more. If you are playing on the level you can't beat, yet - my recommendation will be to stop and move down to the lower level.

This year, my hopes are different - to earn $20 - $80 per week and stay on level 3. Play on my best level possible, not to do over 10 000 hands per week, study and write about my progress and thoughts at least once a month. With 52 weeks per year, my possible earnings from poker will stay between $1 040 - $4 160, and I should take off from this money my invested money. Count by yourself. It's very far from the money you can pay your bills or expenses for the year, but it might be the money to go next level or have a bit extra fun during the year. I made peace with myself, and hopefully, this will improve my game. It takes off the pressure, and I don't have to blame myself for failure not being a professional poker player. At the level I am playing, this is not possible. Hopefully, less tilt and more enjoyment from playing the game.

Relevant article 

https://www.pokeryear-microcashgame.com/2020/05/bankroll-or-dinner-out.html



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