Tuesday, October 30, 2007

Still playing...

Not a lot on the poker action note...but what there has been has been positive.

Had a blast as Kesh's house, and due to some staking situation with Dave I actually cashed. LOL. Gotta like it.

Then in this stake challenge at Poker Starts I have managed to turn the $10 into $17. Who knew that the $1.20 sitngo's are soo soft. LOL

And finally tonight I made my return to the Hu's on First cash game. Unlimited $50 buy ins. Only bought in once..and took second.

So overall not bad, just not a lot of time. That being said though, my game has never been this solid and I hope that as the winter goes on, things slow down and I can play more.

Wednesday, October 17, 2007

Part of a poker Mutual Fund.

Local poker board is holding a staking challenge. Rules below. Basically you all start with $10 and have a month. But we are working together. Sort of like communist poker LOL. Here are the rules...

You are staked and allowed to take part in this challenge at the consent of the backers and if at any time the backer decides you should be removed you must transfer all cash back to the backer immediately. If you don't you are a little bitch and will be treated as such. Only active PCH members who post often and participate in other PCH events will be considered for this challenge.Rules and Regulations:
1. You must start with an empty account. Preferably at PokerStars but if you already have money there you can ask for it to go to another popular site that has the ability to transfer for the amount of the stake, and is agreed to by the backer
2. Before any money is transferred the account information including password will be emailed to the organizer (Big Felter) (7-11@mts.net). Felter will take a screen shot of your account history screen and account screen to show balance at zero. (Any loose change in the account is forfeit into the challenge if it is there)
3. Horses may not change the password for the duration of the contest unless they email all of the above to let them know in advance including new password
4. Horses may not withdraw money for the duration of the contest.
5. If you bust out and want to use the account for something else you need to post saying you are out. Felter will take closing screen shots and then email or PM you to tell you to go ahead and change your password. There will be much sass and back talk from the PCH members when you bust out, prepare for it you likely will deserve it
6. Felter will spot check the balance at least once during the contest, the amount must equal what you have posted.
7. Players must not turn off the option to make themselves unsearchable at any time during the Challenge
8. By playing in this challenge you accept that there are some security risks that can't reasonably be aoided and you hold none of the organizers accountable to any amount of money that you might claim has gone missing from your account. None of the money is yours until the challenge is at it's end and the final transfer of your prize goes back to you.
9. This includes freeroll cashes made on the account during the promo. If you are going to cash huge and don't want to share, don't do it on the acount that you are using for the promo
10. If you bust out you will still be included in the 20% team shared payout. However, if it is deemed you did not put in a full effort (i.e. hardly played, blew the whole stake immediately, etc.), you will most likely NOT be considered for the next challenge. Also, Big Felter and GroovyT reserve the right to remove anyone from the challenge who has obviously not put in much effort and/or play, has not posted on the forum, and/or has violated any other rules. If you are removed, any remaining funds will be transferred to the group.
How we are going to do it:
1. Backer will transfer $10 to each of the horses on the same day (as decided on by GroovyT)2. That day is the start of a one month time frame
3. The challenge will stop at midnight on the same date of the next month (so if starts on the 16th, then closes 16th at midnight (end of 16th day))
4. There will be a new forum area where each horse has a thread where we encourage you to BLOG your progress and game plan. There are a bunch of ways to do this, and we encourage you to share yours, before and during, what worked, what didn't etc.
5. You should post in your thread that you are playing when you sit down to play (this is more for fun so that the guys who are on and want to cheer you on can)
6. You are required to post your start cash and end cash in your thread for every session
7. There will be one thread where Felter will post a PCH challenge group summary (weekly or likely more frequently) likely with graphs and other crap that is cool but we don't need (but I like to do)
8. You may play any game you choose, any stake, tourney or cash, you do not need to follow Chris Ferguson's rules (but it is recommended)

Money Handling and pay outs:
1. Over riding all other uses for the moneys left over at the end of the challenge is that the backers are paid back to zero before anything else is considered. This will be done by taking $10 from each player. The $10 from any player that has gone bust will be taken evenly from the remaining players evenly. Any player with less than $10 will be drained to $0 and the remaining amount (to get to $10) will be taken evenly out of the further remaining players.a. Example a: 10 players all have $10+ each pays $10b. Example b: 10 players 9 bust out, one makes to $100, last man standing pays the $100 back before anything else is donec. Example c: 10 players, 5 bust out 1 has $5 the other four have $50+. The player with $5 goes to $0, the reamaining four evenly split the $95 left at $23.75 each2. Once the principle is pulled out of the equation (as per above) the profit will be split as follows:a. 40% of net profit goes to the backer (divided based on the percentage of cash put up by each backer)b. 40% of net profit goes to the horse who earned itc. 20% of the net profit is divided evenly among the among the team of horses (including those that bust out)d. To get the final pay out I have a spreadsheet that calculates everything. The simplest way to settle up is to transfer the total amount back to Travis, then he will pay out the with a transfer back as per the spreadsheet I will give him.

Saturday, October 13, 2007

Played a little poker in Dallas, and got a live tourny tonight.

Hey there.

So 2 out of the last 5 weeks I have been down in Dallas, and so not a lot of time for online poker (Can not connect from there...damn American laws). Anyhow, but I did get some live action in there with some sitngos. Now there were a lot of beginners, but in the first time I lost quick on a bad, booze fueled bluff on my part. Second game though I challenged myself that I should win, as there was only one guy who even sort of knew anything beyond basic beer poker, and he was on my left. So I always played him aggressive, and it turned out to be a long cake walk. Even when most of my chips got sucked out I thought I would still win..and managed too.

Tonight off to Kesh's home tourny, and I think that it will be a little stiffer competition. I hope to make top 3, and if I do, play for the win like a mad man.

And so today to get ready for that tourny I played a 10 dollar sitngo just to prime the pumps. It was soo funny because after one guy was out, and most people had around 1000 or so, I had 3200. Played a little too lose in the middle, but caught it, focused my aggression and won. So I night little confidence builder. Will promise to post the horrid suck outs later.