Start of a new month, a fresh beginning and specific goals - I'm starting this blog to sign up to the "Get Rich or Die Trying" bankroll challenge.
I am currently playing €NL5 Fast Poker, 6 max, on Netbet. My opening balance is, as of this morning, GBP£27.41 (exchange rates on xe.com convert this to EUR€38.33 or USD$41.78). If truth be told, I'm struggling - my balance has been as high as £51, and has fallen rapidly, even with deposit bonuses being cleared. My original deposit was £20, then bonuses as received through Pokerstrategy. I currently have a pending bonus balance outstanding of £22.98 to help me along. My goals are to get a lot of hands under my belt so that I can start to leverage my database for improvements and to get to the stage where I can consistently beat this level (and then ultimately to move up stakes). Pokerstrategy.com is the means that I wish to use to achieve this. I've started studying double2s "10 tips to get out of the micros" which, from first impressions are absolutely invaluable. I've watched (and taken notes on) the first two videos so far. It makes so much sense, and there are clear areas for me to adapt my style, however, so far (a couple of days) the gap between understanding some of the things I need to do, and managing to actually do them correctly in the right situation (under the time pressures of fast poker) is proving challenging. Baby steps are needed for me I think. I've been playing 1 table since watching the videos, to focus more on what I'm doing. I desperately want to go back to 2 tabling to get the hand volume in, but not sure whether the time is right for that yet. I suspect, for better or worse, I will go back to 2 tabling from the beginning of the month and see how it goes....
One other note to add on the poker side - I understand that my declared bankroll is too low for the NL5 tables (the lowest fast poker tables on iPoker), however am comfortable with this as it's not a great sum of money and can be replenished if it is lost. However I will not consider at all moving to higher stakes unless I have earned the proper bankroll for that level.
As a forty something, in some kind of mid life crisis, my goals are also improved fitness, focusing mainly on cardio. I use a home exercise bike almost daily. If I were ever to reach my overall financial objective here, then my intention is to buy a decent treadmill and then alternate exercise between exercise bike and treadmill. My weight is good (I view my idea weight as 75KG, I weigh in daily and was this morning 75.4KG - I've been as high as about 105KG) and I view my diet, nutrition and physical health as good (I don't smoke, I don't drink and I track and monitor my nutrition. I avoid saturated fat, fizzy drinks, junk food and processed food, trying to "eat clean"). I'm trying to reduce my body fat a bit - as a measure of improved health and as of this mornings weigh in I measured 15.5KG of Body Fat (I appreciate that the accuracy of Bio Impedance scales is poor, however what they are believed to be is a good comparative measure for an individual over time). My lowest body fat reading (last Thursday) was 15.0KG. My Highest body fat reading (25th March) was 17.6KG. I started measuring Body Fat on 24th January, and was 16.6KG. I understand that strength training would be a better method for reducing body fat, but my goal is improved health and fitness, not lower body fat. Body Fat is simply the method I use to measure progress (or not)
On the exercise bike, last Monday I started a controlled "1 Hour Time Trial", intended for repetition weekly, to try and measure my progress. My objective was to cycle as far as I could in 1 hour at resistance level 10 (of 32). Last Monday (25th May) I managed 37.84 KM. As I progress, I will move the bike up 1 resistance level any time I achieve 40KM over the hour. My goal is to increase my distance EVERY week that the resistance does not increase. I aim to achieve this by cycling for 55 minutes at slightly above the average speed I need to achieve, and then push on for the last 5 minutes to increase the average speed. I shall be doing my next time trial shortly after making this post.
Anyway, enough of the waffle (is anyone still awake?), my goals for this week are:
1) Play 14,000 hands in the week (approx. 2 hours per day if 2 tabling)
2) Finish the week without a diminished bank balance (break even is acceptable to me for the moment) - this is a strange goal for me as I don't usually consider actual cash flows and only generally look at EV totals - but I am on this occasion to allow bonuses to be included as well. Perhaps a sub/stretch goal is to also have an EV over the week of at least break even.
3) Spend 14 hours studying. This includes advancing through double2s video series and studying my HEM2 database.
4) Hit my weight goal of 75KG (I haven't weighed in at 75KG yet this year, but have been within at least 3KG of it all year - time I finally hit my goal!)
5) Have at least one weigh in through the week set a new record low Body Fat measure (record low is currently 15.0 KG)
6) Set a record distance (or increase the resistance) in my 1 hour time trial on the exercise bike (current record 37.84KM at resistance 10) both today and next Monday
7) Update my progress on this blog daily
























