"Hi, this is my first thread here - and it is meant as a log, updated on possibly a weekly basis. I play on Pokerstars only, my screenname is "janbillian", I currently have the Goldstar status there (which I will lose, though, next month)
I am a small stakes player, who has has bled heavily in MTTs the last months. Though I subsidized my losses through what I won in SnGs and satellites, a brutal downswing in SnGs plus poor BR management have finally made me bite the dust, almost at least. Though, in absolute figures, I have lost "only" around 100$ all-in all within the last 7 months total, I made the mistake of spending the money I had when I was up on items outside the pokerrroom.
I found out two days ago that I cannot deposit any more money as the creditcard issuer declined my request (luckily, as I now think) and that my next credit card bill will eat away exactly what is left on my bank account.
So far, so bad.
But - I'm not the one to throw in the towel that easily.
What I had left in my account were around 7,800 FPPs. No 50$ / 5,000 FPPs bonus for me, as I couldn't freeplay it with playmoney
I decided that the 210 FPPs buy-in satellite to the Sunday Hundred Grand would be my last glimmer of hope, and played those in hope of gettin' some T$. Well, I did, the FPPs are gone, but I managed to clear 132 T$ - which was a better deal than the bonus anyhow for me, and played - and will continue to play the 5.50 SnGs, 6 to 8-tabling them.
As of now, 16.50T$ are left, plus 198 regular dollars for a total of 214.50$.
I had a good start in the 5.50 SnGs, variance seemed to be on my side - though I still seem not to be able to win when I'm a 7:3 fav.
SnG play will be done on strict BR considerations. I move up to when I have 40 buy-ins, I move down when I'm down to 25. No MTTs anymore, though maybe from time to time the 5.50R turbo sat. to the daily 50k which
will be used for T$, of course.
Shall I go bust, I'm done with poker.
So, I hope to receive some upbeat - or downbeat comments and ideas of what ideal BR management looks like. I think, though, that I got it right this time, the trick lies in actually adhering to it.
Next goal for me is 440$."