Well, how did 2008 start? Poorly. 31 December 2007 I had been playing for almost 6 months and had built my bankroll up to $2,658 after taking off my inital deposit which was actually $800. On the 1st of January I then managed to lose 50BBs on the $1/2 tables, and then on the 2nd I lost another 50BBs, which meant i'd lost almost 10% of my bankroll in two days. January did turn around though and ended up boosting my bankroll by nearly 50%.
In February I decided to start this blog which seemed like a good idea at the time. I should actually look back through those first few posts where I talked about table selection, bankroll management, rakeback/bonuses, reading material and software.
April saw me fire up a few of the double up sitngos just for a bit of a changeup from cash. I still play them from time to time today, although obviously still play mostly cash.
May was my best month in terms of total return ($1,750) where I had a decent heater on the tables for table winnings of $1,200. Even then one third of my return was from rakeback/bonuses.
June I scored my most bonuses in thanks to a juicy Littlewoods bonus and rake race. I actually lost at the tables that month to the tune of $670, but made $1,820 in bonus cash, so it still ended up being a pretty good month. A real cooler compared to May though.
August turned out to be my worst month of the year, as my cooler continued and I dropped another $460 on the tables. Partly this was due to a shot at $4/8 on bodog where I got slaughtered. Accidently played an orbit of NL400, and ended up winning my largest ever pot at the time of $191 when my pocket 4s turned trips. Rakeback/bonuses kept my return positive for the month. I guess its easy to see why you need to have a good deal or two going.
November turned out to be a fairly ordinary month results wise again, and was again due to taking another shot at Bodog. It could have been a disaster but I won my biggest ever pot of $281 when I hit the nut flush on a paired board on the $4/8 tables. November does contain a couple of important posts for me to revisit though - attributes for a successful poker player, and long term poker goals.
December saw the WBCOOP, where I actually qualified for the final, and made it into the prizes .. just. Took another shot at Bodog $4/8, and managed to fail again, although a late turnaround averted complete disaster.
2008 also saw me implement a withdrawal strategy to make sure I do get something out of the effort I put in. At the moment i've withdrawn about $8k, and am simply withdrawing $1k for every $2k my bankroll increases. I still do keep it as bankroll but i'm unlikely to call upon it.
The year also saw me find a bunch of fellow bloggers who are a great read and often post useful comments when i've played like a muppet. Cheers guys, and good luck in 2009.
Overall Results
I finished the year with a bankroll of $15,800, so all up a gain of $13,100ish - which to me is more than I could have expected at the start of the year as a low volume casual player. About 1/3 of my winnings have come from the tables and about 2/3 from rakeback/bonuses.
Bonuses cleared
- Fulltilt iron man year end bonus from 2007 + rakeback - RakeTheRake
- Pacific sign up + more - RakeBackStat
- Interpoker sign up plus monthly no deposit plus rakeback - RakeTheRake
- Bodog monthly reloads - RakeBackStat
- Ultimate free cash kickback - PSO
- Mansion kickback - Rakeaway RakeAway
- GNUF kickback - PSO
- Sun monthly no deposit plus rakeback - RakeTheRake
- Party poker various reloads
- Littlewoods huge sign up + rake race + rakeback - RakeTheRake
- Cake reloads - Raketherake
- Pokertime kickback - rakeaway
- Pokerstars kickback - PSO
- William Hill - sign up bonus + rakeback - RakeTheRake
- Everest kickback - PSO
- Chan poker (rip) kickback - PSO
- 24 poker kickback - Rakeaway
- Pokerroom kickback - PSO
Regular sites - actively playing on now
- Cake (RakeTheRake)
- Bodog (RakeBackStat)
- Interpoker (RakeTheRake)
- Fulltilt (RakeTheRake)
Regular sites - deals that I could and do use from time to time
- Pacific (RakeBackStat)
Current bankroll: $15,800