Friday, March 6, 2009

Exciting Implications!

Well, a lot of pretty cool things happened today. For one, considering this blog is about "Aspiring Investor" and there hasn't been even a hint of anything investment related in here it's kind of cool to post about this. I have an uncle whose very successful business/finance wise... operating on a seriously high level, he is working towards billionaire status. Well anyway, I have somewhat of a relationship with him from childhood when I used to visit my cousins and live with them for months during the summer but not like extremely close. I had contacted him while still in college since I very much respect his experience/accomplishments in business.. as well as life in general. I basically told him what I was working on in my own life, where I was at with those plans, and what I wanted to accomplish to see if he could offer any constructive criticism to my ideas or any advice based on his own experience. At the time he basically told me that if what I was doing was successful and I was confident in it (poker), to continue playing poker and further down the line once I'd built up more capital I could branch out into other options.

So anyway, he recently got on Facebook unbeknownst to me so I decided to send him a message updating him on my status and see how things are going with him. He called me and during our talk basically told me very matter of factly that the best investment options at the moment that he's involved in are in Africa and that he wouldn't touch anything in the USA at the moment. He suggested that a good idea would be for me to fly out with him to Africa (he goes on a 2 week trip every month for business) and he'd be able to teach me things first hand and help show me how things work. He also said something else which sounded great to me... I was asking questions regarding how things work because I'm a complete newbie when it comes to investing in anything outside of poker and I asked "So... would I like get in on a deal with some guys and then.." and he cut me off and told me "No no I'd want you to get in on deals with me so that I can make sure you are doing things correctly and have someone you can trust". That sounded like an amazing opportunity to basically be showed the ropes by someone as successful as him.

So clearly stoked at the opportunity I told him I'm interested for sure, so it looks like I'm going to be flying into Africa next month to learn from him and gain some knowledge about how he makes his money. Not to mention I'm excited just to be going to Africa anyway since I like to travel... so being able to see an entirely different continent is an experience in and of itself.

Another thing that I'm excited about is that I was talking to a friend of mine I've known for a long time through poker... probably like 4 years, met him when we were both just starting out. I was telling him about how I'm definitely going to be going to Canada at some point so that I can get set up on some poker sites that are restricted to Americans here... since I felt that by doing so I'd be able to double or even probably triple my potential earnings each month. Apparently he has recently been thinking the EXACT same thing and has gone so far as to already have began researching into places to go in Canada. We're probably going to be going and rooming together which'll be cool too because he's pretty much into the same exact things as me... poker, going out, girls, traveling, etc.

To make things even better, another good friend of mine decided that he wants to quit his job 100% (tired of the working life) and give poker another try. He had attempted to previously but because of some tilt issues and bad bankroll management it was unsucessful so he made the responsible decision to get a job for some reliable income. He said that he's interested in moving out there as well when we go so that he can give poker another try.

This month also, I'm going to be going to Borgata once again (I love that place... especially after having gone to Commerce and seeing moreso why Borgata is so nice), for a deep stacked tournament they have going on so we'll see how that goes. My plan for now though is going to be to just grind poker, head out to Africa, and then move out to Canada to try to triple my earning potential. Hopefully things go as planned but when you're gambling for a living you learn to prepare for anything.

Poker Update

So I haven't posted in a while but I just figured today definitely warranted making a post. It gets harder and harder to post when so much is going on and the time between when I have last updated gets bigger and bigger... just so much to cover but I decided I definitely need to update. Poker wise things have been continuing to go well, in January I ended up grinding the first 3 weeks of the month and making around $62k or so online and then went to the Borgata Poker Open to play in the $3500 main event with a friend of mine. I rarely ever play tournaments so it was fortunate of me to have a little bit of run good and I finished in 30th place out of 1000 entrants for like 8k more in profit putting me at around $70k for the month.


In hindsight that tournament run ended up costing me a good bit of money I believe because it left me with the tournament bug so the next month in February I flew out to LA for the LAPC events. It wasn't just for the tournaments though, I also find it sort of a break/vacation from the standard everyday grind to go somewhere new with friends and play live instead. But LAPC didn't go to well, I ended up spending probably around like $10k in tournaments and then another $2k in expenses, costing me around $12k for the trip, but more than that though was the opportunity cost of not playing at home. It was cool though, being in LA playing live was more entertaining than grinding online at home which produces pretty much no entertainment value for me at this point. Afterwards, I went to Mexico to visit an ex-gf which was definitely more of a vacation type feel to it since pretty much all I did each day was hang out with her, go to the movies, eat out, then go out at night drinking/partying.

Prior to going to LA/Mexico I had made like $20k online in a few days but after expenses and such in Feb I finished up like $8k, I'll take it all things considered. This month I'm planning to definitely get back on the grind and get things moving. I don't feel like I'm officially back on a good schedule yet though for grinding since when getting back from trips it seems like it takes me a few days to get readjusted to being back at home or a more structured schedule, but I have however put in some sessions of poker which I believe is going alright. I'm not sure though because I've decided this month I'm going to try to not look at results on such a consistent basis because it just causes me to be at the whim of how things are going in the short term, which in poker is completely out of your control anyway so it's rather futile to begin with.

Thursday, January 1, 2009

Happy New Year!

Well I actually didn't do anything for this New Years for the first time in a while. I got offers from cousins/friends/family etc to go do various things... some of which sounded pretty damn fun like a cruise/ski trip but I decided that since in all actuality I'll be able to travel at any time I please, I don't really have to go do something when everyone else is doing something specific to the holiday since as poker players we really have the freedom to do all that fun stuff to our heart's content anytime. I decided that I wanted to stay home and really try to get the New Year started off in a productive manner.

December was very meh as far as poker goes, even though it was still TECHNICALLY one of my best months ever at $40k, but it just felt very meh because I only got to play really for like 1 week of the whole month... or maybe a week and a half and then the 2nd half of it was spent running pretty bad. I got on my friends site where I made like $35k in my first 4 days on there and then for the next 4 days (so actually yeah, I guess I only played like a week), I proceeded to have a lot of swings where at one point I was down like 8500 but ended up having like a nice +12k session on the last night to finish the week off +3k and +40k or so overall on the month.

So this month I decided I wanted to make it my best month ever and at the very least get back in the HABIT of being on a productive schedule where I'm getting things done. In November I felt like I did a pretty good job of being in the habit of waking up each day and getting my tables open for every minute I was on the computer so I can play... whereas this month the first 2 weeks got kinda screwed and even when I got back I did a lot of time wasting which appears to be my specialty.

So this month I've already had myself banned from 2+2 and wrote out a very easy to follow schedule for myself to get me back on track. Since the money I make in poker is a direct product of the effort/time I put into it, I'm still trying to make my main focus putting in the hands and not getting distracted with other things on my computer. I mean, the math is kinda ridiculous for what I should be able to reasonably expect by putting in enough hands.... in November I averaged a little over 3 buyins a day... so at the higher stakes I'm playing now that would be an average of 6k a day which would be a $180k month assuming I play the full month. And obviously I'd be very happy with A LOT less than that so I'm just hoping I can average 1.5 buyins a day for 3k and have my first 100k+ month ever.

As far as poker goes collectively on the year, it was my best year to date and things are going rather well. I'm moreso happy that I am now in a position where I can REALLY start making a lot if things continue as they are at the higher stakes I'm playing. In poker that's one of the good things is that the earning potential you have skyrockets pretty fast as long as you get good enough. As soon as you move up in stakes one level, your earning potential just doubled since you're playing for twice as much, and presumably if you are properly bankrolled mathematically, it doesn't have to mean at all that your risk of losing more money increased.

Well, best wishes to everyone's 2009!

Thursday, December 18, 2008

Updated Plans

So far this month I haven't even began grinding seriously in poker yet (yikes!) since I was in Atlantic City for some WSOP Harrahs Events. I was there for like 7 days and played only 3 of the tournaments because I overslept for two and got to AC too late for one of them. I didn't cash in any of them but went pretty deep and felt good about it considering I didn't feel like I had much of anything go right. I did play the 5/10nl 2k buyin cash games though while I was there and made like $2k in that to cover my expenses for the trip and put me up.

The hotel at Harrahs turned out to be much nicer than I originally thought it would be since it was a new tower called the Waterfront which had rooms basically identical to the rooms in Borgata's Water Club which are very nice. Harrahs didn't even bill me for the room it turns out due to a computer malfunction apparently which works out great for me.

So anyway my general plans for a while were to grind poker and make some money doing that and then head out to Australia with some friends for a nice change of pace in lifestyle and travel some. I think it's a shame more poker players don't take advantage of the freedom we have from poker at our age to travel to different places and experience different culture. Grinding poker can be a much more interesting lifestyle when you travel around with friends.

So I was talking to someone I know from poker and was invited to live with him and some other guys in a Penthouse in the Philippines which I thought looked gorgeous. Here are a couple of pictures:





I thought since I was at home grinding anyway, the prospect of being able to grind in a sick place with other poker players while being able to travel to a new place as well sounded great. Not to mention the live poker scene out there was thriving and women would apparently be very fond of an American guy, so it sounded fun. But the MAIN reason I really felt that I needed to do it was that I would be able to play on Non USA poker sites which I felt would make my grinding that much more profitable in general. That made it feel like a pretty easy decision along with everything else. I felt like I was all ready to get going in February but then had something else come up that changed my plans.

A friend of mine that plays pretty much live poker on a full time basis called me ecstatically telling me about some new site that he had just got on that was filled with a bunch of rich live players who played horribly. Apparently some live players created their own software so they can just play from their homes online instead of in home games. The software is downloaded from a private link and the game is invite only with a very small player base. I checked out the games and at least 1 very soft 10/20nl games runs there nightly with the worst players I've ever seen. My friend is up like 20k on the site in his first 2 days on there. If I could get on that site and have it add even an additional $50k to my bottom line every month then that would justify postponing something like the Phiippines and keeping my grinding here. I wouldn't be able to play on that site while in the Philippines because cash outs are done in person and deposits are done in person through cash, there are no deposit options through the software.

So it looks like I may be staying here at home and grinding and then just traveling later on with friends to Australia. I'm not sure yet just how profitable the site is but I'm supposed to be getting on there today to find out. This month so far I am like even in poker but some friends that I'm staking are winning so I think i'm probably up like $5k from not playing. I am going to get on my grind this month though because now that I've settled some things with an ex-gf of mine and not going to the Philippines I'll have full reign to begin grinding for quite some time now.

I still need to go back to Borgata later this month though and will also be going in January as well for some Winter Borgata Open events but other than that I will be on my grind and hopefully continuing to have some of the best months ever for me.

My general plans for right now were to basically grind poker for a few months here at home and then take a trip with some friends to Australia to live there for a nice change of pace in lifestyle.

Thursday, December 4, 2008

Poker and Life

Well since last posting in this blog I have had a lot happen. After the jackpot I ended up taking probably a month off from poker (burnt out?) and just relaxed not doing too much. The month following that I got back to the grind at 6m with the intentions of really working on my 6m game and improving my play so that I can move up in stakes. Things were going well, I was on a solid schedule each day that kept me organized that consisted of playing poker, studying poker, and keeping balance in other areas of my life. I ended up having a halt in my plans that came in the form of a girlfriend that I got pretty close with pretty fast causing me to take yet another break from poker for probably like a month where I was just with her on a daily basis.

Around this time I also had a friend that was just absolutely crushing heads up poker that recommended I switch over to it. So eventually I did and was doing great. I started off at 2/4 and 3/6 heads up and just would grind heads up each day as well as just spending time with the girlfriend. I eventually moved up to 5/10nl and had like two 30k months back to back without really playing all that much but playing a moderate amount. Somethings were going wrong with my gf and I... one big thing being I realized that holy shit if I want to live the poker lifestyle of traveling around with friends, partying, playing poker, and meeting new people (girls) that I can't have a girlfriend. So like the asshole I am I broke up with her prior to leaving.

I ended up going on a 4 month long vacation with some friends where we were living on 6th street in Austin (great location), Vegas, and in Mexico which turned out to be like one big adventure with lots of fun times. I played poker here and there throughout the trip, first month very little.. making like 10k, in Vegas I got myself to play a bit more making like 30k, then in Mexico I only played enough to cover expenses. I decided though that it didn't make any sense to not be putting in more volume especially with the consistency and winrate I had at 5/10 heads up, so when I got back home (November) I finally buckled down and put in some volume.

I ended up having my best month ever for $84k with like probably 60k hands played. My winrate was very good though because a lot of winnings were at 3/6 from me just deciding getting hands at 3/6 is better than no hands and empty tables. So my plans now are to keep on grinding things out while I can and make as much as I can before it stops being so profitable to do so. I don't know for certain that HU will become less profitable but in my experience with poker anything that's easy money eventually does stop:

Party poker - Still have nightmares about this one
Cake poker - I did manage to get in early on this gold rush
Affilaite business with PP - lost this one for same reason PP shut down.
Doyles Room - UEGIA can go F itself.

So yeah, i'm going to try to play as much as I can while I still am doing great and hope things go well. I actually turned down some offers to go on some cool trips like Thailand (SSNL goes to Thailand) and moving into a poker house with some players because the timing was just really bad. I knew Thailand would be a huge distraction to grinding and will always be there and the poker house would be great for my game but since i'm doing HU right now and the players in the house all played 6m I just decided I would continue with what i'm doing now.

I can't wait to get back to traveling though sometime in February or March maybe when some friends of mine have also grinded out some more money as well. We are looking to take a big trip to Australia/Buenos Aires or something, but prior to that I want to kind of go on a cruise or snowboarding trip since I've had great fun in the past with both of those. For the snowboarding trip my friends and I a long time ago went with this place:

http://www.skitravel.com/index.php?module=CMS&func=view&id=234&tripType=2

Not sure if it would be cheaper to just get there on our own and pay for the lodging on our own but that site takes care of all that for you and i'm lazy so .. whatever. We'll see if that goes down though.

In the mean time i'm going to Borgata this weekend to play some WSOP circuit events and grind some 5/10, and when I get back i'll be back to grinding.

Thursday, January 31, 2008

Jackpot finally over!


I won the jackpot! The site posted that announcement picture/pop up on the site, whoo hoo!

Well today I just happened to check my e-mail and received an email from the website that I play on telling me that I won the jackpot. FINALLY! It's weird but I didn't feel exactly pumped/hyped about the money (although obviously happy), I felt more of a relief that everything ended as I had hoped and that now I can move onto other plans. It was cool, I got alot of friends msging me on instant messenger congratulating me on winning the jackpot. The website has a pop up news type thing that everyone sees when logging into the poker room online (the one at the beginning of this post) saying I won, so a bunch of people I know saw it and msg'd me.

Another cool part was the email they sent me talked about them interviewing me and creating a player profile about me to put on the website that would include the interview and pictures of me if I felt comfortable submitting them. They said they are going to put me on the webpage into the hall of fame. I think this will be a good time to try to get a sponsorship deal from them. Most online poker sites offer sponsorship deals (endorsements) to players on their site where they basically pay that players way into poker tournaments, their traveling fees, hotel costs, etc. in exchange for that player wearing that websites gear. It's the same way athletes get endorsements just to wear some company's stuff, these poker sites do the same for players.

This would be great because I would be able to play poker on someone elses money without having to put any of my own at risk. Might not get the deal but it's worth a shot.

For now, my plans in poker are going to be to finish working on improving my game and moving back up in stakes. This will include reading alot, talking strategy alot with friends games whom I respect, getting coaching, playing alot and thinking/studying about the game, and putting in alot of hours. My next goal will probably be to have a +$50k month within the next 5 months.

Tuesday, December 4, 2007

Back from Weekend

Well I got back in from the Mountaineer Casino in West Virginia Sunday night. I was sooooooooo exhausted. I drove us down there on Friday for 6 hours or so and we got there probablyu at like 11pm or so. We played the whole night and I probably didn't end up going to sleep until 11am. I also hadn't slept more than 3 hours on Thursday night either so I was already kinda running low on sleep. So I play 2/5 nl the first night there figuring i'd see how the games are first and ended up just getting into a 2/5 nl game and not getting up. The game started off pretty good... nice and loose, but then later on in the night it was basically all tight ABC players left at my table and I was stuck in this 4 handed game where not much was happening the whole time. I ended up like +74 the first night. We end up leaving and getting our room at like 6-7am probably at which point we are told we're going to have to get a room for Friday night because checkin for Saturday rooms isnt until 12 noon. We had specfically called them up and asked about this prior to going and was told otherwise. So now we end up havin to pay fora room or two nights which came to $300, $100 a piece.

Whatever, we didn't have any other option unless it was to sleep in the car which it was too freezing to do. So Mirth and KP pass out in the room and I stay up playing some poker online until like 11am and make like $300 or so. I was using my new laptop which I love... I can 9 table on it pretty easily where all tables are clickable at all times due to the bigger resolution. It's also very powerful, I downoaded counterstrike just to play that and see how it ran and it ran great. Felt like a pretty powerful machine with a nice smooth glossy screen. I then order some room service which was great before passing out. The hotel we were staying in was really really nice compared to how run down and trashy the rest of the area we drove through was. The whole town looked depressd, poor, and antique... very similar to my school. But the hotel we stayed in was very nice and the room service food was great. I ate that then just passed out and didn't wake back up until Mith and KP came busting back in at like 7pm waking me up.

When I woke up we went back to the poker room, ate first and then started playing. I was originally waiting around for a 5/10 table to open up but when it was taking so long I just decided to do a 2/5 nl table instead while I waited. I ended up getting into some verbal alteraction with a 40 year old loud mouth fish at my table. We got into a dispute about some ruling in a hand... I was in a hand vs some fish who was in position vs me betting the flop and turn then I check river and he checks behind... I wanted him to show his hand first so I can see what he's doing this with and then this loudmouth idiot fish not even involved in hand starts yelling at me telling me to show my hand and hurry up. I didn't like the tone of his voice when he was talking to me so I told him to "stfu". I said some other stuff which I forget and he was talking shit back so I just decided to challenge him to heads up since playing a fish heads up is about the most profitable scenario you can get in poker. He and I then request to get our own heads up table which becomes the talk of the whole casino supposedly. Staff members were walking up to us during our game and saying how everyone upstairs is talking about it and how they've never seen anythingl ike it.

Didn't seem that big of a deal to me since id played fish heads up online numerous times and for more money. I basically was there to make money on the weekend anyway and since live poker is so slow to begin with this seemed perfect for me. So during our match the guy is constantly trying to needle me while we are going back and forth talking about poker. He tries to tell me that he's seen more hands in his lifetime than I have at which point I clearly try to explain to him why he's ignornat and how i've probably seen more hands than Doyle Brunson with the high volume 12 tabling ive done and play over the past couple of years. He kept bringing this up telling it to rail birds because he thought it sounded ridiculous. I just simply kept calling him ignorant and continuing to focus on the game. I was losing the heads up too btw due to some cold decks and runner runners that he kept on getting, but heads up live we probably played only a total of 100 hands.. so anything can hapen. I'd just played a fish earlier that morning online before going to sleep for probably like 2000 hands where he was up on me one point $1000 but I came back near the end and finished him off... so 100 hands live is nothing.

I ended up playing him for a while longer and then ended up down like $250 vs him before he quit me. I almost got into a fight with him which I won't bother posting here about. I grinded out the rest of the night at the 2/5 nl table which was very uneventful. Ended up down like $600 on the weekend overall live after paying for the room and stuff. I didn't go to sleep that night and ended up driving home at 12 noon and was exhausted trying to keep my eyes open the whole time. The casino overall was not worth going to over AC... games were not much easier and it was far away. Probably won't be going back.