A quiet week

I only managed 12hrs of poker this week, and won just over $1000. I ran well (again) too, to the value of about $1250 so the bankroll starts the week at a healthy $15.5k.

I wonder if August is traditionally a slowtime in the online poker world as far as new players goes. The tables seemed to be dominated by regulars this week, although there were still one or two bad players kicking around.

On the evenings there were often 5 or 6 full tables going, although probably 6-7 players on each table were multi-tabling regulars, including 2-3 short-stackers. What a waste of a seat these guys are!

Just looking at my stats for $5-$10, I notice that my win-rate (5.2 BB/100) is almost exactly the same as for $1-$2. This is after only about 5000 hands at each level, but it does allow for luck in big pots, so maybe it is somewhere in the ballpark of a genuine win-rate. After all, my 'actual cash' win-rate so far at $5-$10 (of 11.6) is, I am sure, grossly over-stated due to running so well.

Next week I need to start making withdrawals from my account to cover living expenses because my wife has changed jobs. She now works part-time and is bringing home a lot less money than before. The change has already made a difference to our lifestyles and we are all a lot happier at being able to spend more time together as a family. I plan to withdraw 5% of the bankroll each week, although if the bankroll gets much higher I will probably set an upper limit on the withdrawal amount (maybe $750) as there is no point in drawing out more than I need whilst still operating on a relatively short roll.

Let's wait and see what happens before I make any hard and fast plans. As we all know, variance is a brutal thing and a major downturn could come my way at any moment.