Sunday, 29 April 2012

Week 3

22/04 - 29/04
As you can see I absolutely stormed it at the beginning in what we would call positive variance. Now by positive variance I don't mean we get all the chips in behind and suck out or keep being on positive ends of coolers. Positive Variance is where we consistently win our 50/50 60/40 70/30 etc.. Now for the first 29 games of this week my hands just kept holding. I was in a sense "getting lucky", probability suggests if I'm a 66% favourite 3 hands in a row I should lose one. Therefore when i win more than 3 of these in a row I'm experiencing positive variance. As you can see though i ran into some negative variance but because of my edge over the players at the level I'm playing my negative variance doesn't equal my positive variance therefore I make profit.

The table below shows an extra benefit of positive variance, where i managed to complete one of my goals and place on the Stt Leaderboard. Not only do a get a cash prize i also get a free ticket to a 50k triple shoot-out that runs at the end of every month. You can win as many of these as you want and use them when you want, with a 1st prize of ~$10k its a great tournament to be in.

5th Place good for $120

!!AceWise Investment News!!

AWI have added their 1st horse to a winning stable who will be playing 25nl on the Boss Media Network. Im very confident AWI will make a reasonable return from this cash game expert and will look to help and support him to enter the higher stakes. I will like to add more horses to my stable when more capital is raised. Any new AWI Signings will be announced on this blog and I will be adding profit made from my investments in our month end review.

Goals:
  • $100 profit from investments [ ]
  • Finish in the top 3 on the stt leaderboard [ ]
  • Reach $1000 [ ]
  • Place on the stt leaderboard [X]
  • Reach $750  [X]
  • Comfortably play 7 tables [X]

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