Saturday, April 22, 2006

Bankroll Update

Just a brief update on the State of the Bankroll......

Total Bankroll: $814.47
consisting of
Cash: $746.62
Non-Cash: $67.85

The breakdown is:

Bonuses: $571
$75 - Instant Bankroll Promotion
$25 - Party Poker signup bonus
$50 - Golden Riviera signup bonus
$81 - Party Poker reload "Triple Bonus"
$90 - Poker Rewards signup bonus
$25 - River Belle "spot bonus"
$100 - Poker Rewards reload bonus
$125 - River Belle signup bonus

Freeroll Tournaments: $114.40
$1.40 - Golden Riviera freeroll (87th out of 3000+ (a lot) )
$8.00 - Poker Rewards $1K freeroll (18th out of 650)
$100.00 - Poker Rewards $1K freeroll (1st out of 59)
$5.00 - River Belle $1K freeroll (33rd out of 499)

Limit Ring Game Play: $61.22 (0.98 BB/100)

Pending bonuses
None

Non-cash:
$60.00 (6000 PSO points)
$7.85 (785 Poker Rewards VIP points)

It has been a wild, wild ride over the last month in terms of bankroll swings - less than 3 weeks ago I was down $65 in limit ring game play.

In terms of basic statistics, in the 2.5 months I've been doing this, I have just short of 15,000 hands. I have played an (estimated) 105 hours over this time, which is about 10 hours per week - about what my intial "target time investment" was. In terms of dollars per hour, it looks like I'm making somewhere around $7.75 / hr - not exactly enough to quit the job, but better than minimum wage for the same amount of time.

Never did I think I'd be approaching $1,000 in less than three months starting from absolutely zero money. Next up - how fast can I get to $10K? :-)

Next post - some basic Poker Tracker statistics about the first 15,000 hands.....

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