I'm bringing $30,000 to Vegas for the WSOP events (as well as some side action or smaller "second chance" tournaments and satellites) and I've given a lot of thought to what my goals are. I've got plenty of them, but rather than make it a simple success or failure I've come up with a letter grade system much like you'd have on a test. This is how I'd rate my level of success.
A+ Making any final table or winning more than $50,000
A Making the Money in 50% of the events I enter or winning more than $25,000
A- Making the money in 40% of events I enter or winning more than $10,000
B+ Winning at least $1 or making the money in the main event
B 3 strong money finishes or Coming home with more than $25,000
B- 3 weak money finishes or coming home with more than $20,000
C+ Coming home with more than $15,000 and two money finishes
C two weak money finishes
C- Coming home with more than $10,000
D+ Coming home with more than $5,000 and 1 money finish
D Coming home with less than $5,000 and 1 money finish
D- Coming home broke with 1 money finish
F Coming home completely broke with no money finishes
A money finish is exacly what it sounds like. The top 10% of finishers in every event win money and everyone else loses. A weak money finish would be just sneaking into the top 10%. For this kind of finish you get your buy-in back plus a little extra. A strong money finish might be one where you win several times the initial buy-in (ie winning $8,000 in a $2,000 buy-in event).
Of course my letter grades aren't a perfect system, but it will give me a record of pre WSOP ideas about success that I can look back at when I'm done. Not included on the list are a few off the chart results such as winning a bracelet (the winner of each event gets an engraved gold bracelet as a sort of trophy), multiple final table appearances, winning over a million dollars etc. I figure I have about 1 in 150 chance of winning an event, about a 1 in 600 chance of winning $1,000,000 or more and a 1 in 6,000 chance of winning the main event and $10,000,000. Not great odds but light years better than the lottery.
Almost 1,000 posts since 2006 about poker including, tournaments, cash games, anecdotes, the overuse of exclamation points, and run on sentences from a retired poker pro who lives and plays in the Bay Area and is currently preparing for the 2023 WSOP.
Wednesday, June 21, 2006
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2 comments:
Luckily ther terrorists now know exactly how much money you've got, so they're enen more motivated to attack. :-)
Terrorists? Shit I'm motivated to attack. :)
ps. This is Jake
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