Archive for the ‘Pokerstars’ Category

Playing the steps on Pokerstars starting with the lowest buyin turned out to be a lot harder than I expected. 20 of 40 buyins are down and I have advanced only four times to Step 2, which is a really bad result. I have decided to stick to the plan and play for an overall investment of $300, which might turn out to more Step 1, because e.g. a 4th place awards $1.50 at Step 1 + 3rd places award Step 1 tickets. The so far only time I have advanced to Step 3 ended in a bust with KK vs. QQ vs. A8 and an ace on the river – thanks Barry Greenstein!

Plans for the next days and especially today is to hit the live tables again (100 € NLHE Freezeout @ Casino Wiesbaden) after enjoying a night out on Monday (see picture of Evil Jared (Bloodhound Gang) and me on Facebook) and a 1st of May BBQ with long-time-no-see friends, which was a great fun time with perfect weather and a little sunburn today.

The goal of having a back2back win at Casino Wiesbaden or at least have a back2back cash in the 75 EUR NLHE Rookie Tourney last nite was really nice, but did not work out. My table was very soft with many players limping or calling value bets at turn and river with bottom or middle pair. Still I did not get any value for my pocket 10s and pocket aces in the first blind level. Even worse, I lost half of my stack on a J-high board with top pair vs. 27 hitting trip deuces. I eventually busted at the end of the second blind level with round about 15 big blinds left, trying to get a straight with 109 on a 28J-flop. My hand did not improve and I busted early in 52th place.

With the newly regained bankroll amount, I will hit the online tables for the project again. Instead of firstly announced 30x Step 1 SNGs, I will use a bankroll of $300 to play 40x Step 1 SNGs at Pokerstars. Play will commence today, overviews will be given as soon as some hopefully positive results can be shown. In addition to that, I have found another very interesting way to qualify for THE live event of live events this and every year: the WSOP 2012. I will be checking the structure and the prices and will update more information about it soon, most likely in the next days.

Updates of the played events, plans and bankroll are finished: 2.341,50 EUR of the bankroll have been used, meaning 2.658,50 EUR (= 53,71 %) are remaining and this is the amount that will be used to play on. Some investors of CMU have asked for a refund p.r.t. which I do not like, do not agree with, but respect. Therefore their money will be refunded p.r.t. with the rate of 53,71 %. Nevertheless the total bankroll will be the above mentioned amount and all refunds paid out will be paid back towards the bankroll from my own pocket.

Saying I want to be more active again, I will be starting to show more activity with the following tourneys and projects:

– The 75 EUR Freezeout tournaments at Spielbank Wiesbaden will be my (from today’s point of view) only sensefull possibility to play live tournaments without ruining the remaining bankroll if I do not cash. The casino is hosting this tourney twice a week (Thursday & Sunday) and I am planning to play it today as well as this Sunday. Further appearances will be announced beforehand.

– Parallel to the live tourneys, I will be returning to Pokerstar’s tables either this or next week to play the step SNGs once again. My plan is to play 40 Step 1 for a total value of $300 and then aim for a live event by the time I come near to playing the final steps. Updates of the steps will be given supported by screenshots of Pokertracker.

As always, feel free to comment with suggestions, thoughts and whatever you feel like!