Monday, December 11, 2006

A Weird Dream and Returning to Poker Stars

I am not playing much poker these days, so I figured that I should blog about something else. This blog entry, therefore, might entertain you or disturb you (or both). And just in case, I do discuss poker towards the end.

I rarely remember my dreams but when I do... wow, they are strange. I remember a substantial part of last night's dream.

I was in a hotel for some reason that I cannot recall... but things were pretty relaxed and I didn't have anything important to do. As I was waiting to get on the elevator, some guy walks out of a nearby dorm room (remember, this is a dream; I have no idea why there was a dorm room inside a hotel) and convinces me that I should go to his room.

When I get there, I learn that I am mistakenly the guest of honor at a private concert performed by the Smashing Pumpkins. I am quickly ushered to the front row where I literally sit on a throne, crown and all. As soon as I sit down, the band starts playing... complete with a psychedelic laser light show. After the first song, however, everyone in the crowd (which is about ~1000 people, even though it's a "private" concert in a dorm room) decides that the band sucks, so they head to the backyard for a barbeque. I didn't feel like doing that, however, so I just quietly left, even though I was the guest of honor at the concert.

That's all I remember.

Regarding my poker, I have been playing a little bit. Last week, I donked away my last $100 at Trident Poker playing $50 NL (and playing poorly). I had a very small amount of money at UltimateBet (~$10) and a small bankroll at Poker.com (~$60). Outside of that, my Neteller account had only $200. Needless to say, I have a VERY short bankroll these days. It's definitely time to either bust out completely and retire for good or to start taking the game seriously and try to rebuild. I decided on the latter.

After thinking it over, I decided to invest my remaning bankroll at PokerStars. Since Party won't accept my business anymore, PokerStars is my best guess for having the largest number of fish. I've had horrible "luck" at PokerStars in the past, but I know that at least some of that was due to poor play, not actually bad luck.

For now, I have decided to play short-handed $25 NL, since my bankroll was decent (but not ideal) for that game. Most people claim that 20 buy-ins is a good bankroll for no limit. I usually buy-in for 50% of the maximum, so I should theoretically have a 20 x $12.50 = $250 bankroll to play the game.

One of the things that I quickly learned was that play at PokerStars can be very tough. The first table I played had six people with VP$IP's around 20-25% and pre-flop raise percentages of 10-15%. Sure, it's possible to beat this game, but I would definitely prefer to find a better spot. So, I quit that game after a few orbits and then decided to impose a little table selection. I quickly found a table that (according to PokerStars) had more than 50% of the people seeing the flop. Based on my experience at Party Poker, this information was usually meaningless, but it actually seemed to be valid at PokerStars. The table was soft and I booked a small win after playing 80 hands or so. I've continued to play well; after 198 hands, I've won over $35 (36.2 PTBB/100 hands). It's not much, but it's a start.

I've also continued to play well at Poker.com. I'm almost exclusively playing $5 + $0.50, 6-person no limit hold'em sit-n-goes. The play is poor but it's rather difficult to win these because the structure is so fast... that is, I can play perfect but still lose because of the cards. My bankroll is now at $100, which I've heard is a legitimate bankroll for playing $5 SNGs.

In conclusion, I'm playing well but not often. I'm a little worried about my stamina, but I am actually quite excited about my success so far at PokerStars. The loss of the cash-cow known as Party Poker has been a mental blow... If I ever had a bad streak, then I always felt that I could go back to Party and re-build. In theory, I should be able to win everywhere, but it's not that easy in reality. Being able to have long-term success at PokerStars would give me a comfort level that would be a serious boost to my confidence.

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