2007 Targets

[FatBoyFat]

I've enjoyed the break from poker during December but I am chomping at the bit to get started again in January. I am the kind of person/spanner that likes to set targets and goals and whilst I have posted these on my blog I wanted to put them up here as another record for me to be held to account against. I would welcome comments, criticisms & suggestions on the goals. Too easy? Too hard? Waste of time? Any I am missing?

1. NLHE Tournaments – Punters Lounge Best Poker Player (BPP) I was going to take it easy here and suggest a top 5/10 position on the Punters Lounge Best Poker Player (BPP) table. However I am going to stretch myself and go for the top spot. There are some very good players on PL and a number of them have progressed from low limit tournaments to higher buy-ins. Achieving BPP would be a significant achievement for me and would require a considerable amount of time and effort. I would imagine I would need to play the BPP tourney every night for at least 30 days to have any chance. Top 5 spot would be acceptable, anything less wouldn’t. 2. NLHE Tournaments – 20% ROI from all tournaments Having done a quick google search on reasonable ROI’s from MTT’s it would appear (from 2+2) that 15% is a good return. Therefore to make this a tougher target I am going to aim for a 20% return. What I hope will give me a chance of achieving this is that I intend to focus my tournament play on the added value tournaments. The Sporting Odds champions league being an obvious example as well as the Punters Lounge added value tournaments. There are also going to be a number of freerolls included, such as Virgin V points, and whilst variance will be high, the ROI will be stonking ;) This goal will also obviously include the tournaments from 1 above and I expect to be playing between 15 and 30 tournaments a month. 3. NLHE Cash Games – Turn $10 into $2,000 Ladbrokes kindly gave me $10 for free earlier this year and from dabbling at the $0.1/$0.2 NLHE tables over a few thousand hands I have got that up to $190. As I have nothing to lose I want to build this $10 up into a $2k balance whilst at the same time moving up in stakes. I have decided to move up each time I have 10 buy-ins for the next level and step back down upon losing 5 buy-ins at that level. I would have preferred to be bankrolled to 20 buy-ins but given the number of hands I expect to play it would take too much time to move up. I would expect to have to yo-yo between the levels and plug leaks in my game before giving the next level a shot. It is also unlikely I will continue with the challenge solely at Laddies. Once I am up to $250 I amy move over to Party as there are more games on offer. I'll datamine a few nights first to see what the quality of play is like. I estimate that it will take approx 50,000 hands to get to the $2k figure (assuming BB/100 of 10, 7 & 5 for $0.1/$0.2, $0.2/$0.4 and $0.5/$1 respectively). Therefore by the end of the year I hope to be sitting down at 4 $1/$2 tables with $200 at each in front of me. I’ll need to put in 5,000 hands per month to have any chance of achieving this. At 200 hands/hour 4 tabling about 25 hours/month. 4. NLHE SNG’s – Turn $0 into $1,000 Pokerroom is a site I haven’t used for a while but having built up a few player points there when I was bonus whoring I had enough ‘player points’ to get a free buy-in to 3 $10+$1 SNGs. Obviously a good prompt for another challenge to see what I can turn this free money into and as I have managed to build this up to $102 already through play in December (38 SNGs for a 20% ROI) I am going to see where I can get to in 2007. The first problem is I only have 9 buy-ins so this could all be over in a couple of nights anyway as I will always 4 table. I think that I need to continue 4 tabling as I move up the levels so that my true hourly rate is comparable. No point having a 10% ROI 1 tabling 50's if I can make a 20% ROI 4-tabling 10s. I am also concerned that there may not be enough volume of tournies going on at the higher buy-ins at Pokerroom so again I may move the bankroll over to Party. I am going to step up once I have 20 buy-ins for the next level and step back down again after losing 10 buy-ins. I certainly don’t think this is good bankroll management and I could easily go busto before I step up to the $20s. Based on my estimates for ROI at $10s, $20s & 30s (25%, 17.5%, 12.5%) I reckon it is going to take about 600 SNG’s to get to the $50s (assuming I never have to step down). Intention here is to go for 100 SNGs/month and see where that gets me. 25 Sets of 4 is going to take about 25 hours play a month. 5. Entry into major buy-in live poker tournament (and participate) Ok, so I kind of achieved this in 2006 but never managed to play becuase my beautiful baby daughter, Maggie, decided to come along. This is a nice to have rather than a must. It's unlikley that I will actively pursue this and it is more likely to come along through winning an Inside Edge or Poker Player tourny again. Tempted to go for the WSOP $1,500 NLHE this summer but it would mean using a week of holiday away from the family and I am not sure I want to do that yet. 6. Make $6,000 from the above – poker alone I'm really not arsed about the money this year but I can't have a goals post without putting some monetary measure on it. This could come from one good cash on an MTT or from a consistent monthly return. I think I am unlikely to hit this target unless I get a good 'cash' in an MTT. The poker alone comment relates to the fact that a lot of my profits over the past couple of years have come from bonuses and sports and casino whoring. The $6k target is from the poker play alone.

Anyone else set goals for 2007? Hopefully not too many going for BPP or I will definitely have no chance? FBF

[DC]

Re: 2007 Targets Hi mate. To me it seems you have a lot of objectives. Surely there should be one objective - to improve your game, be a better player than 2006! And if that means a better ROI%, a better grand total profit$ or winning a big prize tourney$ then so be it. Personally I don't know why you are setting yourself the first objective. You will spend a lot of time playing the various games in the league but there may be other tournaments and games you'll be missing out on while you're focussed there. Some of the games are only $1 and 3-5 hours spent in the focus game may detract from your overall play, ROI and winnings. Remember - there are no prizes for being the current best player in this particular forum, although you can assume that in order to be the BPP you'll have won plenty along the way! In no way am I putting down the idea and the hard work GaF puts into this competition. I wish you good luck in all your goals. :hope Danny