Bankroll Management. During the intro round-table "how's everyone playing" part of the meeting, the Guru discussed one of the MPT regulars who just won his way into a 150-seat guarantee WSOP main event qualifier online by parlaying frequent player points --> tokens --> the qualifier. The point that was made is you can earn your way into big dollar events without violating bankroll management rules; i.e, by working your way up the points/token/buy-in ladder for a small initial outlay you can effectively play at stakes higher than your bankroll would otherwise support. In a similar vein, Raster related how he took second place recently in a 45-man $26 tourney. FullTilt has 1800-point single-table SnGs where the top three finishers win $26 tokens, so I believe this is effectively what he did. (As a side note, I've had pretty good success with the 1800-pt SnGs, moneying in over 75% of the games I've played; these games give a whole new dimension to the Take The Hill strategy, which seems to suit my style of play.)
PokerTracker3. Raster also gave a demo of how the new PT3 now has positional pop-up stats available . It's a pretty cool feature (very similar to what Hold'em Manager has had for a while now), and it looks useful enough to result in me loading up the latest beta version of pokertracker just for this one feature. It's also evidently customizable, so I will have to give some thought as to what stats I want to show and what not to. One of the problems I have with the old PT3 pop-up box is that it simply shows too much information; I'm always a little befuddled whenever I have to resort to the stat box. Maybe it's because I don't use it enough to be comfortable with finding the relevant numbers quickly in the heat of battle. Dunno, but as this new PT3 version shows even more info in the default setting, I'll have to see about either really studying it (so I can access the relevant data quickly enough), or customizing it to display a smaller set of data.
Record Keeping. I presented a few slides on the subject of record keeping, and how it can be used to plug leaks and improve your game. One of the things I started doing a few months ago is writing down my wins (or losses) in cash games and tourneys in a poker "diary" (actually, it's just a spreadsheet), and adding a few notes on "lessons learned" or impressions/thoughts I had during/after the session(s). This presentation then started a nice disucssion in the group on taking down notes on players, looking up OPR stats, seeing who is multi-tabling, etc. One of the newer regulars to the group, Big Lee, remarked how he and his wife like to sit at a single $400NL full-ring cash table online and work together against the opp; i.e., play one seat together. One of them plays, while the other looks up stats, OPR #s, number of tables the opps are sitting at, etc. The phrase they have for looking up these stats is "Tagging the Cows." Don't know why, but this makes me giggle.
I'll close by posting my slides on Record Keeping from today's meeting, below. Like other slides I've posted on this blog, they're pretty simple-minded, and they don't really mean much without the discussion that accompanies them, but I've gotten enough requests for copies of slides that I'll continue posting them to the blog.
All-in for now...
-Bug
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