Hey guys,
What a frustrating month this has been. Holdem manager still hasn't released the ipoker update and keeps on promising to do it- this has resulted in the majority of my roll being locked up in Ipoker doing nothing. To be honest I'm breaking even on life this month- with council tax etc- which is pretty disgusting.
So what have I done with my time- whilst sitting like a lemming waiting for this update???
1) Bought notecaddy- this is a revolutionary piece of software and I recommend everyone invest the $60 and time in learning how to use it effectively- in essence it enables you to make perfect Gbucks decisions (for those who don't know what Gbucks are, consult Phil Galfond's article on the subject- plus he's the best).
In essence notecaddy enables one to play "perfect poker" in terms of the battle of ranges. Proponents of Sklansky would disagree- but his theories have the inherent flaw that your opponents hand is never flipped up and thus this 'perfect info' is not available- resulting in decision making being very results orientated and in a constant vacuum.
2) Opened up a Party Poker account- built up a workable database on this network.
3) Watched a ton of training vids.
4) kept uptodate with the latest regulatory changes/news.
5) Got these e-cig things- which are amazing as one of my goals is to stop smoking to lead a healthier lifestyle.
6) workout stuff to stay healthy.
7) Planned my capital accumulation strategy- with different path roots depending taking into account the differing results of current industry issues.
What this month has highlighted is the dependence poker professionals have on third party tracking software. If a problem occurs with this software you can't really play. In business backup systems are prevalent to prepare for such an eventuality (business continuity management). This has highlighted that I need a business continuity management plan to enable me to keep on playing when problems occur- one must borrow from business and look at how they mitigate risks and apply this to poker. I think that the fact that most poker players don't really give this much thought is a grave mistake and is one that I have made this month and must learn from it.
So what to do to ensure business continuity?
1) Play multiple poker networks: At the moment I have money on Ipoker+ Party Poker. However, I plan to put money in the coming month/months onto the 888network/ pokerstars.
- Also in news Relax gaming is launching a new poker network dedicated to 'fast-fold poker' (next month I believe)- basically the same as zoom on Stars and Rush on FT. I'm really excited about this development and feel my Rush Poker experience from back in the day will make me competitive at these games.
2) Holdem Manager 2 will be my main piece of tracking software- However, I'm getting Poker Tracker 3/4 as well, essentially as an insurance policy against Holdem Manager going wrong again.
3) Already got a spare computer- use HM cloud to sync databases with other computers and store data on HM servers.
Obviously I will have to reassess this at a later date, striving to make this as water tight as possible.
I am also going to read more on business management, systems and processes literature and try to apply these concepts and theories to poker. Treating poker like a business I believe is integral to success and if poker is your business you should to.
Take care.
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