At the beginning of June, Katerina and I talked about going somewhere on vacation, but we were invited to 2 weddings in Greece in July, so we felt like we had to work during the month of June because we weren’t going to do it in July.
That was a colossal mistake!
In a profession where the difference between working 100% focused and 50% focused is the difference between making money and losing money, INVESTING in vacations and rest frequently is fundamental to be able to work at your full capacity.
What I think works better for me is something like having 2 weeks’ vacation away from home in each quarter, but sometimes that’s hard to reconcile.
Since there were no special series of tournaments and I didn’t feel like playing much, I decided to stop playing the Hypers for 2 months and start writing my book about tournaments!
Then I remembered that I had to make 50k VPPs in June, so that my Supernova Elite status wouldn’t expire at the end of July! If it did, that would imply losing some thousands of dollars until the end of the year, because my FPPs multiplier would go down from 5x to 3.5x.
For someone that is not familiarized with the status, after obtaining it, we have to make 50k VPPs per month until we reach 1M VPPs in order to keep it. Meanwhile, Pokerstars knows that their players need some vacations, so they allow players to miss 2 months of this requirement without losing their status.
In January I wasn’t able to make the necessary points and if I failed in June, it wouldn’t be possible to go on vacations in July, so I had to play!
I even thought about writing part time and playing the rest of the time, but I felt it was too hard to focus on two projects at the same time, so I focused on the only thing I really had to do in June, and that was playing.
This month I ended up playing only 2 tournaments: a $215 turbo and the Sunday Million where I was the host. I didn’t reach the prizes in any of them, so it ended up being a “slightly” negative month with low volume.
I have seen many mid-stakes sit-n-gos players thinking that is super important to be winning pre-rakeback*. For them to win more money through rakeback* than at the tables is less noble or something like that. I think that is ridiculous and I have noticed that those who normally have that argument end up being the ones that don’t have the bankroll to play the limits they want to play. Because they lack volume and don’t manage their bankroll properly, they are constantly trying to find someone to back them up financially.
There are games in which the rakeback*, is not very important because you can manage to have very high margins in comparison to the rake that is paid, like multi-table tournaments and normal speed sit-n-gos. However, for those who play Turbos and/or Hyper-turbos of 6 or more players ignoring that extra return can affect a lot your bankroll growth, because the margins at the table are smaller when compared to the rake.
I’m not saying that it should be just “grind grind grind” to make money exclusively via rakeback* and leave aside the study and evolution of the game, or not consider them priorities. I’m also not saying that playing while being staked is bad, because there are cases where it´s mutually beneficial. But I think defining goals based on VPPs which depend fundamentally on us can be an excellent incentive to put the volume necessary to “beat the variance “and not be slackers!
You can be sure that I won’t think of June as a month of -$427, but as a +$6283, because that was the boost that my bankroll got from the Hypers. At the grocery they never ask if the money is after-rakeback or pre-rakeback!
Here is the monthly graph of the hypers:
- Red: “Pre-Rakeback” results (At PokerStars there is an amazing VIP system that replaces rakeback).
- Blue: VIP Stellar Rewards, VIP Cash Bonus and Milestone Cash Credit.
- Green: Total Profit
In June the VPP Balance was +55k VPPs, finishing the semester with 577k VPPS.
I’ll probably hit 1M VPPs until the end of October or November and have some time at the end of the year to finish my book.
Regarding my goal to run a marathon, I’ll stick with the half-marathon, because training for a marathon is very time-demanding, and if I have to cut one goal for this year it’s this one because is the least important for me.
Note that health and exercise are very important to me and I’ll continue with strength training + running 3-4x/week! However, I’ll stick to the 30-60 minutes runs, because I´m not sure if runs that are over an hour long are the best thing for your health.
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