1. I strayed from my goal of not cashing out after my Bovada bankroll hit about $5,000.
Thoughts: I honestly just did not feel comfortable having that much in my account with the online poker climate in the US. So I decided to use a more aggressive bankroll management scheme and went with a 20 buy-in requirement for awhile. The only problem was I felt hugely under-rolled. After a couple of $800+ downswings in the past couple of months, I have decided to rethink the challenge and tweak my long term goals a bit.
2. I had almost zero social media presence the last couple of months in the year and definitely neglected promotion of my book. I apologize to everyone for not getting more Youtube videos up and spending more time on the forum. I will try to set more realistic goals in the area and shoot for a reasonable amount of postings this year of high quality content. Feel free to post video ideas below.
3. I forgot what the whole purpose of my career philosophy is in regards to poker and the entire reason I wrote the book. What
I mean by this is that I wrote the book to help busy people like me, with little time for hobbies, find an avenue to a nice little side income to supplement the main job and improve one's quality of life. I got too much in a hurry to move up in stakes and didn't stop to smell the roses. Not that my moving up was as a whole not a success, I just feel I rushed it a bit and should have employed a cash out strategy as I went. Skill increases slower than bankroll right?
4. I spent way too much time focusing on Bovada instead of finding other sites to play on in order to increase volume. And with no rakeback to speak of.. a huge mistake in my opinion. Since I feel like I can play virtually the same quality of poker on up to 8 tables at once, it is a huge waste for me to sit around grinding 4 tables. I found myself getting way too bored during sessions and failing to put in volume as a result. The quality of my play also seemed to deteriorate and I was prone to some fancy play at times. That leads me to the last disappointment of 2013.
5. I had my best year ever mentally in poker as a whole. However, I did have short bursts where I had a "don't care" attitude and definitely spewed a handful of times. I still feel like I played tilt-free 95% of the time, but that 5% is still way too much and something I have to work on. Losing a few flips in a row or getting successfully set mined still sometimes bugs me. I think it has a lot to do with my mental tiredness when I sit down to play. If I have had a long day at work and am worn out when I play, I am more susceptible to falling victim to tilt. Unfortunately, due to the nature of my job, I go weeks at a time where I am pretty much always tired.. so if I cut out playing at those times, I would put in almost no volume at times. This is something I definitely need to work on. Maybe a higher hands per hour will help, time will tell.
1. I averaged 13k hands a month last year, even with the lack of play in the early months of the year while finishing up the book. I was actually surprised at the end of the year that I had managed to put in that much volume.
2. My book was published last May and was very well received so far. It received an overall positive review in 2+2 magazine. A huge achievement IMHO, with the anti short stacker bias prevalent out there. http://www.twoplustwo.com/magazine/issue104/nick-christenson-book-reviews.php
3. I successfully moved up to as high as 200NL, my highest level ever. I beat 50NL for 8.5bb/100, 100NL for 8bb/100, and 200NL for 7bb/100. My overall win-rate was 8.48bb/100 (8.17bb/100 all-in EV). I only took 1 shot at 400NL, which was not successful.
4. I feel like I made great strides in my overall understanding of the game. Writing the book was a huge help as it forced me to work on areas of my game that are not the most fun for me to think about. (mathematical stuff etc.)
Some targets for 2014
1. Increase my hands per hour to at least 500/hr.
2. Mix my play on multiple sites to obtain some rakeback and increase my volume.
3. Slowly move up through the stakes with more reasonable bankroll management plan, likely 30 buy-ins minimum.
4. Cash out half of my earnings every month.
5. Build my live bankroll to $10,000 by years end. (It's currently at about 4k, it was higher but I bought a new PC (a beast) and a play set for the kids)
6. Play in a few live events, at least a couple at the WSOP circuit in Harrah's Cherokee. If time, job, family allows.
I am sure there are things I meant to talk about but I am going to go ahead and post this. Good luck in the new year everyone!