Tuesday, September 29, 2020

Acceptable losses

The most play money I've ever lost in a single year is $62,878,000, in 2018. That same year, I won $63,949,000, so I was in the black for the year to the tune of just over a million. I find it helpful to track the gains and losses separately in addition to aggregating them. So far this year I've lost $22,689,657, and my extrapolated losses for the year are a smidge over $30,500,000. This raises the question: what constitute acceptable losses? The facile answer is anything less than one's gains :-) A more nuanced answer might be losses on the order of the losses you had in a previous year that you were proud of. This year has all the earmarks of a year I'm going to be proud of :-)

style flavor buy_in entry players entries paid place winnings

MTT   NLHE   174000 26000       6      81    21   25        0

delta: $-200,000
MTT NLHE balance: $23,637,668
2020 balance: $16,415,343
blue distance: $400,000
balance: $78,223,353

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