My journey to $100k

  • My journey to $100k

    Posted by Pk3z0p4wn on May 9, 2021 at 11:26 pm

    Hi guys,

    My background and journey thus far:

    I’ve been playing poker on a daily/weekly basis for the past 7 years since I turned 18. I have had short stints where I’ve played full time, but mostly as a side hustle while i went to high school and university.

    I have dabbled around in pretty much every branch of poker starting out with NLHE MTTs where I’m up ~$50k lifetime from 2013-2017. After my years in NLHE MTTs I gravitated towards PLO, which has been 90% of my poker volume for the past few years with moderate succes at both cash games and PLO MTTs. I have had a few 100k hand samples with 5-10bb winrates in both zoom and regular across a few sites, and have never had a 100k+ losing sample.

    Although my results are objectively somewhat decent considering poker has only really been a hobby, I’ve always kind of had a bitter taste in my mouth regarding my poker journey, because I’ve never been even remotely satisifed in regards to having fulfilled my true potential. So far my accomplishments in poker has been achieved while having exceptionally poor bankroll management, never having done off the table work, having poor mental game and during a time of my life where going out and partying would take up all my weekends.

    Somehow despite my less than GTO lifestyle I have finished my bachelors degree a few months ago and in september I will be going to study at a very highly regarded master’s degree in my country with high job security and very high salaries. Obviously my path in life is not to become a poker millionaire and have that be my main occupation, but I would like to leave poker feeling like i did manage to achieve something and I feel like leaving poker with a savings account of $100k is an appropriate goal.

    Don’t get me wrong, my heart is stil in poker, but my life is moving elsewhere and poker will be less of a priority over the next 2-3 years, and after that I probably will only play recreationally once a month or so, so I would like to maximize the outcome of my last few years in poker by adopting a professional approach to playing, studying and improving and hopefully achiveing a goal I can be proud of when i look back on my poker “career” later on in life. Therefore I will be starting with completing the 10 week course, now that I have a lot of free time before my master’s degree begins in september.

    My current results and bankroll:

    Bankroll: $10000

    In 2021 so far I’ve only played PLO MTTs on Stars and Party with good results. Unfortunately GGPoker is not available for me in my country. I track my results in Excel because my PokerTracker 4 doesnt track PartyPoker or 5-card PLO MTTs on Stars. I pretty much play any MTT PLO tournaments from $11-109, but prefer bounty tournaments.

    (Picture of results in bottom of post)

    I would say I have a very decent understanding of balance, preflop ranges, ICM and adjusting to reads, but my game could definitely benefit from some actual studying off the table.

    <b class=””>The plan moving forward:

    I will continue to grind $11-109 MTTs in the evening from 17:00 to 22:00 ish but will also be playing a lot of PLO100 after the MTT grind and in the daytime, since I have no other obligations that take up my time and everything is under lockdown anyways.

    My plan is actually rather straightfoward. I will be saving up 75% of my poker winnings in a locked savings account and hopefully eventually over the next 2-3 years manage to hit $100k through a professional approach to poker and some persistence and perserverence. The remaining 25% will be used to travel and enjoy life the last few years as a student.

    I will be using this blog to keep myself accountable over the next few years by posting daily results from MTTs and cash-games as well as off the table studying, videos and the likes. Obviously I will have periods where I’m not going to be playing daily, but if I’m playing I’m blogging about it.

    Also I know the course focuses a lot on healthy habits in day-to-day life, so I figured I would mention that I rarely drink alcohol these days, 90% of my meals are strictly organic foods, I intermittent fast (friendly suggestion to try it out if you havent!!) and I workout every day both cardio and calisthenics and am happy with how my body feels and looks, so i feel pretty good in that aspect of my life.

    Thank you for reading.

    • This discussion was modified 2 years, 11 months ago by  Pk3z0p4wn.
    • This discussion was modified 2 years, 11 months ago by  Pk3z0p4wn.
    Kolokolo replied 2 years, 9 months ago 3 Members · 10 Replies
  • 10 Replies
  • Adelaney

    Member
    May 10, 2021 at 10:56 am

    Hey @pk3z0p4wn

    Welcome to the PLO Mastermind and the community, it’s great to have you on board.

    Firstly, congrats on finishing your bachelors degree and going on to complete your Master’s I wish you the best of luck with that as you proceed into a new path in your life.

    It seems like you have a good plan set out for moving forward to reach the goal you desire, I wish you the best of luck with it.

    How have you been finding the 10 week Transformation so far?

    Keep up the good work and let’s crush!

    If you ever have any questions please do not hesitate to reach out.

    Ash

    • Pk3z0p4wn

      Member
      May 10, 2021 at 12:05 pm

      Thank you for your reply and kind words.

      I actually really enjoy it. I wouldn’t say that a lot of it is revolutionary to me personally, but that’s probably because i spent the better part of the past few years improving health, mindset, sleep patterns, intermittent fasting etc., so although these are extremely important, they’re less urgent for me to improve at atm.

      However, the structured approach to improving ones poker game in terms of strategy development is extremely eye-opening for me, and something that I really needed to hear. Especially the part about optimizing the whole by sub-optimizing the parts combined with the learning tree of all preflop and postflop situations that one might encounter at the tables and then mastering them one by one – learning 3bets oop, ip, 4bets, preflop, postflop, all the positions. That stuff is absolute gold.

  • Pk3z0p4wn

    Member
    May 11, 2021 at 9:16 am

    Bankroll: $9934
    Savings: $0

    Yesterday was sort of my first day of this new poker journey, and I felt like some things went very well while others didn’t.

    I feel like i quickly realised that I’m having a hard time mixing cash game and MTT’s, and that I felt very burned out after just 1-2 hours of 3-4 tabling cash-games. I felt like i was spreading my focus thin and not really getting the same return on my time usage as I would if I would just play MTTs in the evenings and study them during the daytime. Since I have always been playing off of intuition and doing decent at MTTs regardless, I feel like there are a lot of strategical gaps I can fill if I just start studying 10 hours a week of MTTs, instead of trying to add a new game (PLO cash) into my routine.

    I will be trying to use the structure and approach of the 10 week program into MTTs and still follow through with its completion. So today is going to be about getting into setting up the right HUD and color coding system, working out, preparing some food and going through some hands before the grind begins tonight.

  • Pk3z0p4wn

    Member
    May 11, 2021 at 5:41 pm

    Bankroll: ~$9500
    Savings: $0

    Spent a few hours today finetuning my preflop ranges 10-40bb, which actually had me surprised a few times about some hands that I usually would open that were quite -EV. I felt extremely smooth during the ~10 MTTs i played today, unfortunately i ran hard below AIEV and basically lost every important all-in. That’s okay though. I managed to log ~10 hands for review for tomorrow that I’m looking forward to.

  • Pk3z0p4wn

    Member
    May 15, 2021 at 12:02 pm

    Bankroll: ~$9300
    Savings: $0

    Forgot to update after my last session the day before yesterday. Also played a short session yesterday, but was out celebrating a birthday the day before, where it got a little late. All in all quite a slow week, but I’m fine with it. Poker is not my primary focus in life, but I do however try to structure my life around being sharp and ready to play atleast 5 nights a week.

    As of today until 15th of june I will be doing a restrictive, 100% organic diet of fruits, vegetables and organic meets as sort of a cleanse/six-pack weight loss for the summer. During that time I’ll be dedicating a lot of time into playing some MTTs as I will not be doing much other than training and eating clean, so there will be plenty of time to focus on studying and playing in the evenings.

    My play this week has been limited and I’ve ran a bit below EV, but that’s okay. Below is my chip EV graph for my MTTs on pokerstars this week as well as my total weekly result (Stars+Party).

    Tonight I’m going out to dinner with my family, but I’ll be back around 8-9 PM just in time to kick off a saturday session. Tomorrow I’m having a big sunday grind aswell, so hopefully I manage to turn this week into a winning one.

    Thank you for reading.

  • Pk3z0p4wn

    Member
    May 17, 2021 at 9:57 am

    Bankroll$~8300
    Savings: $0

    Brutal weekend. This has been my 3rd week after moving up to playing the $109s and this week was the first week that was kind of rough because of it. I’ve spend an hour after waking up today reflecting on last weeks results and considering whether or not it’s in my cards to be playing that “high”. I feel like the emotional swings that I’ve been subject to since taking on the 109+ MTTs have been more than what I’m comfortable handling atm.

    More importantly I’ve always struggled with understanding how people manage to play their best in the last tournament of the day which is an $11 where first place pays $200 and they’ve lost 5 bullets in $109 tournaments just before. That’s a skill that I don’t possess, and I feel like it’s an important time to realise that. Also my profitability in the $11-44 has reduced DRASTICALLY over the last 3 weeks even though I’m still up like ~$1500 overall. The first 10 weeks of the year I would consistently get 2-10 top 3s in the $11-33 range weekly, and those seem to be missing lately after I’ve started playing 109s. I know this might be variance, but if I’m being honest I know I’ve been slacking off in the lower tournaments and not giving them my all.

    Basically my conclusion is that I’m not cut out (at my current bankroll and stage in life) to handle the swings of potential -$1k days. There’s plenty of $11-55 tournaments and I enjoy them quite a bit more, because the overall play is looser, there are more fun players that do crazy things etc. That’s the environment where I really feel comfortable and I know I’m crushing.

    Also I can’t really focus on more than 4 tables properly, so chosing to play a $109 where my ROI is probably 10-30% or so often means having to cut out an $11 where my ROI is maybe even as high as 100%+, so financially it’s not like im losing a lot of EV by chosing lower tournaments. I once heard Jeans in an interview talking about how he might be -EV against a few regulars at the tables he plays at, but that’s okay because he knows for sure he is the most proficient at exploiting the weak players. I really relate to that, since I often feel out of my debt against some of the better regulars, but I also see some of them not go for nearly thin enough value against huge fun players etc., where I know for sure I’m much more proficient at maximizing the value of my hands against these types of players. Those players are just more abundant at 11-55, which has been where a lot of my succes has come from.

    Also in order to get some momentum going for the savings account I figured I would implement a structure where I withdraw 10% of my cashes for my savings. I think it would help remind me of the purpose of this entire thing and keep every little tournament a bit more motivating to play, knowing that a percantage of the cash I’m trying to make is going towards the end goal, closed savings account. Might go back on this in the future, but for now I’ll see if it helps me stay sharp and motivated towards the end of tournaments where my head might feel a little heavy and tired.

    Thank you for reading.

    • Kolokolo

      Member
      May 19, 2021 at 10:32 am

      Hi 🙂

      I also battle a few times a week on both PS and PP at 22-109$. I defiantly can relate to what you’re saying about moving up to the 109’s. The field is a bit tougher, and it can be frustrating to sink a couple of buy in’s into them, and then bricking them only to see you making back the money at lower stakes. However, I definitely feel there is good value to be gained from those tournaments, since even the mtt regs that play these(and not lower stakes), seem to make a ton of obv mistakes.

      If u wanna talk mtt strategy you can hit me up 🙂

      • Pk3z0p4wn

        Member
        May 28, 2021 at 3:08 pm

        Hi, thank you for your reply.

        Sorry for the late response. Would love to talk some PLO MTT some time! Share your discord if you want, and I’ll hit you up. 🙂

        • This reply was modified 2 years, 11 months ago by  Pk3z0p4wn.
        • Kolokolo

          Member
          July 19, 2021 at 12:23 pm

          Sorry for the late replay as well 😛 totally forgot I wrote. Kolokolo on discord 🙂

  • Pk3z0p4wn

    Member
    May 28, 2021 at 3:14 pm

    Bankroll: ~$11000

    Savings: ~$4000

    Hi guys. It’s been almost two weeks since i last posted because of some hectic stuff IRL, which has caused me to not play as much.

    I have however managed to play a few tournaments over the last few weeks with great results. Last week i binked a small WPT $109 event on Party for ~$5500, which was a great score considering the rough start to this challenge.

    I didn’t actually plan to play anymore 109’s, but as soon as I said that Party and Stars launched their tournament series which both featured some sweet PKO $109s with a lot of fun players in the fields.

    I also decided to jump into a bounty builder 55 the other day which i ended up taking 2nd in. Very nostalgic to play some NLHE again, but honestly it feels quite slow and boring in the later stages with very little postflop play. Luckily though i managed to win ~$2500 ish.

    Other than that not a lot has happened. But for the next weeks I’ll be back on the daily grind pretty much, and I’m feeling quite motivated, so that’s great.

    I’ll also try to be a bit more consistent posting, as it forces me to constantly reflect on my results and the purpose of my poker “life” with this challenge.

    Thank you for reading.

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