Updates- Solid AC Weekend (8.30.2010)

I was in Atlantic City again during the weekend. This time a group of friends went so it was nice to catch up with everyone. I ended up +$507 on the tables in just 11 hours. My play schedule looked something like:
4:00-10:00 p.m Saturday: 6 Hours +$260
6:15 a.m- 8:15 a.m Sunday: 2 Hours $0 (break even)
1:00 p.m – 4:00 p.m Sunday: 3 Hours: +$247
I’m not going to complain about those results. I took a massive suck-out during the 6-8 a.m session for a $300 pot, but yes it happens. This was all done on 1-2 NL tables so I’m somewhat pleased. Based on the information I’ve gathered from various sources it sounds like a win-rate beyond the $15-$28 per hour range is unsustainable when playing 1-2 NL live. However, based on what I’ve seen the past month I’m going to have to disagree. I expect to start out at least in the mid-twenty dollar per hour range. I really believe that during the prime-time weekend sessions it is possible for me to at times average around $30+ per hour even on 1-2 tables, but yeah I need a much larger sample size. It’s not about the actual time I put in live low-stakes NL. The quality of my sessions is far more important.
On the weekdays I wouldn’t be putting in as big of sessions live, I’d like to stick more online especially Monday-Thursday. My big live day/nights would really be Thursday-Sunday. Notice Thursday overlaps and is still a question mark. I’m not sure how my schedule will end up the first month or two I live out there, but I have begun thinking about. I’m looking forward to beating these games very steadily during the next few months. I want to move up to 2-4 as confidently and quickly as possible. There is no difference in skill level between 1-2 and 2-4 live NL. I would only be playing 1-2 at first because of bankroll management and feeling good about myself. If you run bad on 2-4 you could hit variance and feel in a hole rather quickly, I don’t want it to start out like that for me. I’m plenty modest enough to grind out a few thousand at 1-2 before I move up. It doesn’t bother me at all.
So an awesome weekend considering I left early Saturday morning and got back around 9p.m last night. I also went to a club at the Borgata late Saturday night, which was an amazing time. The girl I met there that I liked the most happened to be from Kazakhstan of all places. I got her number, but split up with her really late during the night. We probably hung out over an hour and a half at the club which is a lot just meeting someone at a place like that. We were both pretty drunk and eventually just lost each-other as the place began to split up. So I crammed a lot into that one night trip. I only slept about 2.5 hours, but it’s just sleep I can get it back!
As for the lease it looks like it is officially going to start October 1st. The count-down begins I suppose. I’m very excited and looking forward to getting out there and grinding full time. However, I’m not going to leave my job until I’m 100% ready. The first two weekends I might be commuting back and forth moving stuff in and and using the place on the weekends. I’m really playing that by ear, but I’m not forcing it either way. The few extra weeks at the day job isn’t a big deal in the overall scheme of things, I probably won’t put in a two week notice until October 1st or so. It would be decent to have the steady job until everything is 100% set up in Brigantine. Hopefully this will make a smoother transition. I like the way I’m setting everything up here. Quite a career shift though.
And that is about it. As for online I’m not going to play until HEM is done importing hands into my new machine. It’s been over 60 hours so basically something has to be really wrong. But not a big deal, I’d like to use the first half of this week to study poker anyways. There are still some areas that I want to focus on and improve before I begin mass multi-tabling again. The back and forth commute on the weekends is REALLY exhausting, but I'm just going to have to get used to it for a while.


Reader Comments (5)
Your recent experience at 1-2NLHE is similar to what I have always experienced. You can easily beat that game for some decent cabbage.
You may want to keep grinding it to build up your roll. If you truly think you are going to cash out the 401k, you might consider converting it from stock to cash. If September sucks for stocks (as it usually does) your investment could shrink.
You should be able to move from stock into a cash type of money market fund without actually withdrawing it. Anyway, good luck.
Lucypher,
Thanks for the comment. I definitely expect live low limit to be my game of choice starting out full time at first. I’ll be paying for rent/living expenses and forced to produce results. It’s just a scenario where I really see myself crushing it now. As for the 401k I don’t see myself thinking about it for a while. I’d certainly withdraw it if I was pressed for cash (for rent or something serious), but I really have it worked it into my net equity plan as a back-up source if necessary. Good point on converting it to cash type money in case I need it.
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Thanks very useful information on how not seal the deal with a girl from Kazakhstan I know!
This game be particularly fun because of all uncertainties you may see on road. Roadside bingo consists of common roadside appearances such as cattle, railroad tracks or tractor among many other things.
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