Friday, October 12, 2018

The truth about bullets

One of the fascinating things about poker is that it insists on revealing its truths to you, whether or not you have the wisdom to listen :-) Many of its truths are so simple, it's hard to believe them. Let me show you what I mean. Here's the current breakdown of my MTT-R NLHE results, by number of bullets fired:

bullets  count        profit

      2    182   $43,244,500
      4     97    $9,130,000
      3    191    $2,589,000
     12      1       $10,000
      1      2     $-100,000
     10      1     $-500,000
     13      1     $-650,000
     11      4   $-1,237,000
      5     85   $-2,222,000
      6     26   $-2,534,000
      8      8   $-2,937,000
      9     10   $-3,012,000
      7     34   $-8,189,000 


The lesson to be learned from this is simplicity itself - never fire more than 4 bullets per tournament, ever. Period, full stop, the end. You'd think this would be simple advice to follow, but it's not. Last night I fired 7 bullets, and made a killing. It's just so tough to quit before the late registration period ends. Yet, that's what I'm going to train myself to do. The truth about bullets is that you want other people to be firing them, not you :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9   141      54   12     3  1997000


delta: $1,647,000
MTT with rebuys NLHE balance: $33,592,500
2018 balance: $211,000
balance: $45,724,260

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