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Making a living with STT SNGs

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mylove190207
Joined: 10.04.2011
PokerStrategist

My condolences. I´m very sorry for your loss!


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Thank you all for your support, I really appreciate it.

Today was funeral where about 200 people attended it. One of the hardest days in my life, including the day my mother passed away and when my grand father passed away while I was in USA. I don't remember ever crying so hard and emotions taking over all rational thinking.

In these hard times you see who your real friends are and what people are capable of doing for and with you. You also realize how family is there for you no matter what happens which always makes me wish to have my own family (wife and kids) someday.

I have decided to cut off people from my life that I have been too light towards and forgiving. They will very soon know and feel who they are. I find it is much better to be surrounded with people that really care about you than with people who call you when they need you or who back stabbed you in the past and act now as if like nothing happened.

I would also like to let everyone know that I will be back in poker (to work) in very near future.
I can't deal with this situation by sleeping in 18 hours or so or crying all day long. That won't change a thing on contrary it will just make me feel worse and have bad expectations and feeling about life. It will also make me shut down people that really care about me just because I don't won't them to feel the pain I feel right now.
The only way to move on is to return to regular life with even more passion and drive towards life as we never know when our number will come up.

With all this being said, I will try to grind by the end of month those 4k games (about 200 games per day starting Thursday), continue coaching my students, record minimum one more video with game plan things, continue with guitar lessons, go for 4%+ ROI mixing 15s and 30s minimum aiming at 7%, go crazy with weight loss and healthy eating.
I will find strength to do all this by spending time with my brother and my father, spending time with my best friend (as I did so far), seeing my ex on more occasions , seeking comfort in company of my real friends and closing doors to all the people that I feel don't deserve to be in my life anymore.

Finally I want to thank whole community (both here and via skype/sms/phone calls) for supporting me and my family through these hard times. Regardless if I become a coach here or not, I will never forget what you guys all have done for me over the past 2 years almost having spent here with you all.

All the best and may all your lives be filled with hope joy and happiness without any bad things in it.

IvicaIliev77 13th of May 2014


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RovarTry
Joined: 10.12.2009
Elite Grinder

I never know what to say in those situations and saying my condolences feels like not enough... stay strong.


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Originally posted by RovarTry
I never know what to say in those situations and saying my condolences feels like not enough... stay strong.

Thank you


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Today I will give it a shoot to get back to poker and get back into fanatic mode.

Past days spent with family and real friends. They really helped me to start to feel better and manage to even make me smile at times. Very much look forward seeing my friend Stanko in Prague in June and my friend Jozi the violin player in July.
I also did 3 hours of poker coaching past 2 days, 1st hour felt like forever, 2nd and 3rd hour felt much better doing.

It is 9:05am, I will head to office eat breakfast and go for 4x50 game sessions today.
If I feel my focus is way off and that I am just burning money, will stop playing and return home (try to do coaching instead and video producing).

Have a good day on and off the tables all.


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nmilan84
Joined: 21.07.2010
Oldschool Grinder

Moje iskreno saucesce! :( :( :(


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist
IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Today super heavy grind, 10 hours total and 200 games.
Downswing and tons of setups everywhere.

I will now put stop loss for another 30-35 buy ins for 30s (900-1050$) and if I loose that in next days will return to just 15s.

Also Sharkystrator didn't work today like it did in the past. Final 2-3 session was loading up to 10 instead of 15 tables like I set so have to sort that out ASAP otherwise it will be manual loading.

Overall feel OK with my game play today. Days like this are inevitable for SNG players and who doesn't realize it should quit poker sooner than later.

About to do some video review for students and head home later.

Enjoy your day on and off the tables

Results from today in the May grind HERE


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Another long grind, managed to put 200 games again today despite waiting for Post express courier (for my Prague bus ticket) and going for coffee with friends.

About to do video review of students game and then head home.

If you want to check today's results go to May thread HERE


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TheLandlordUK
Joined: 20.05.2013
Poker Player

I am so sorry to hear about your mother mate. You and your brother have done her proud and your good characters, achievements and work ethic are a testament to what good people she and your father are.
May she rest in peace.


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Appreciate it really a lot my friend - very moving words from you I must add.


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Very proud of how my mental game and endurance is past 3 days including today.
Despite everything that happened, I am finding some super nonhuman like strength to cope with everything by playing 9-10 hours without getting tired just focusing on getting that volume down and playing my best.

Today went good considering we went to cemetery in the morning ...

Today's update in May grind HERE


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pokerprons
Joined: 30.09.2009
PokerStrategist

Hey IvicaIliev77

What do you know about the new bank policies in Serbia regarding not allowing any money transfer to and from gambling sites? My friend just got rejected for a deposit to pokerstars from his VISA virtuon card.

Poz iz Novog Sada!


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Originally posted by pokerprons
Hey IvicaIliev77

What do you know about the new bank policies in Serbia regarding not allowing any money transfer to and from gambling sites? My friend just got rejected for a deposit to pokerstars from his VISA virtuon card.

Poz iz Novog Sada!

Hey

I heard about it all but it doesn't affect me at all cause I use Skrill. For players getting started it would be more complicated to deposit money but not impossible.
Government want to legalize gambling so this is very important step towards that. Once that happens fully I will make a choice 1) to stay in Serbia and pay taxes 2) to move abroad.
If government blocks Skrill then it will be huge problem but they can't do that for 2 reasons: 1) Skrill won't let them 2) They have been "fighting" all this time to brink PayPal in Serbia, doing this with e-wallet is suicide for country

They have to talk to Stars and see what model they will apply. Will Stars increase rake for us from Serbia (so Stars pays directly to Serbia and you don't worry about taxes), will they provide yearly statements for financial situation (then we have to pay on our own), maybe even do segregated Stars for Serbia etc (which is least likely cause there simply isn't enough of players in Serbia for it to work).

Regardless of what happens, this was somewhat expected and bound to happen. Now I am just waiting for the amount or % that they will charge to make my decision how to proceed.

My options for moving are Sofia, Herceg Novi, Skopje all the way to Thailand, Portugal, Malta perhaps even UK or Canada.

I am not sure how you plan to proceed but this is clear signal that government wants to legalize all the gambling things so my suggestion for you is be prepared and have outs.

Good luck


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Quick announcement

I won't be doing music tour with my best friend.
Made this decision last night since I will need every month to make 550 euros additionally from June on.

This means that June I will grind minimum 3000 games but also dedicate more time to working on the game (reviews) for 30s to increase my ROI to 5% long term there.

Thank you for following, I know Landlord will be sad when he reads this - trust me it sucked to make this decision but its the only right one when you have to pay the bills.


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Glad to hear you are back on track bro. Sometimes these tragic events can inspire and makes you realize our time is limited, and of course it's a good distraction not to be thinking about it all the time. I will hit you up on Skype soon bro, so we can have a talk.


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Super Moderator
VorpalF2F
Joined: 02.09.2010
Oldschool Grinder

Originally posted by IvicaIliev77
I heard about it all but it doesn't affect me at all cause I use Skrill.

<snip>

My options for moving are Sofia, Herceg Novi, Skopje all the way to Thailand, Portugal, Malta perhaps even UK or Canada.

I am not sure how you plan to proceed but this is clear signal that government wants to legalize all the gambling things so my suggestion for you is be prepared and have outs.

Good luck

I had similar problems in Canada.
We cannot use credit cards to deposit to card rooms -- but there are other options for most rooms.

Strangely, although I cannot use a credit card, I can deposit directly from a bank account.

Skrill no longer permits transfers for gaming purposes for Canadians.

Things change...

Best of luck,
--VS


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pokerprons
Joined: 30.09.2009
PokerStrategist

Originally posted by IvicaIliev77

Originally posted by pokerprons
Hey IvicaIliev77

What do you know about the new bank policies in Serbia regarding not allowing any money transfer to and from gambling sites? My friend just got rejected for a deposit to pokerstars from his VISA virtuon card.

Poz iz Novog Sada!

Hey

I heard about it all but it doesn't affect me at all cause I use Skrill. For players getting started it would be more complicated to deposit money but not impossible.
Government want to legalize gambling so this is very important step towards that. Once that happens fully I will make a choice 1) to stay in Serbia and pay taxes 2) to move abroad.
If government blocks Skrill then it will be huge problem but they can't do that for 2 reasons: 1) Skrill won't let them 2) They have been "fighting" all this time to brink PayPal in Serbia, doing this with e-wallet is suicide for country

They have to talk to Stars and see what model they will apply. Will Stars increase rake for us from Serbia (so Stars pays directly to Serbia and you don't worry about taxes), will they provide yearly statements for financial situation (then we have to pay on our own), maybe even do segregated Stars for Serbia etc (which is least likely cause there simply isn't enough of players in Serbia for it to work).

Regardless of what happens, this was somewhat expected and bound to happen. Now I am just waiting for the amount or % that they will charge to make my decision how to proceed.

My options for moving are Sofia, Herceg Novi, Skopje all the way to Thailand, Portugal, Malta perhaps even UK or Canada.

I am not sure how you plan to proceed but this is clear signal that government wants to legalize all the gambling things so my suggestion for you is be prepared and have outs.

Good luck

As far as my information go (I will check it again with a friend who works in a bank) banks won't allow money transfers to Skrill accounts opened for gambling purposes and we will all have to redeposit there once our VISA cards expire just to verify the new card, am I right? My card expires in Novemeber so I'm ok until then but now I'm already talking to a friend about moving to Budapest most likely since it's close and a pretty cool city. Other option is also Thailand.

I'm aware that gambling is going to be legalized and I'm not against that. It's just that I know how things work here and I'm afraid it won't go smoothly especially cos the government have no idea what they are doing. Even in the US it's a tough issue and they are an organized country... Anyhow, I am trying to give myself outs already as you said and if this thing doesn't get resolved, well, good luck to us all :)

I'll drop by if I have any new information.

Cheers


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Just to brake it down for you

26 days x 150 games each day = 3900 games
Playing just 15$ buy in where rake is 1.08$
You rake total 4212$ from which SN 100k brings RB of 34% so you get back 1432.08$
Assuming you will have at least 3% roi on average you get following
3900 x 13.92$ x 3% = 1628.64$

Total combined 3060.72$ per month
-------------------------------------------------------------------------------------------------
If we assume you have 34% RB in a 15$ stt then after rakeback you have a sunk cost of $1.08-$0.367c=($0.71)

If you are to have a 3% ROI based on a buyin of $13.92*0.03=$0.41

Then you lose $0.30c per game.
Did I miss something?


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IvicaIliev77 Topic starter
IvicaIliev77
Joined: 31.05.2012
PokerStrategist

Originally posted by Demonic226
Glad to hear you are back on track bro. Sometimes these tragic events can inspire and makes you realize our time is limited, and of course it's a good distraction not to be thinking about it all the time. I will hit you up on Skype soon bro, so we can have a talk.

I find this is the best way to deal with things. Hit work even harder, go to that fanatic mode and produce some more awesome things in future.

I will not be on Skype at all since I grind 9 hours a day average until going to Prague (4th of June) + the rest I use to eat something or drink coffee with my best friend.

After this whole heavy grind is over I might come to Skype

Thanks for understanding bro


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