Cash Table or MTT?

Well even though I have only started blogging some 15 years late, I will advise of the current dilemma of whether I should be cash tabling or playing MTT's? I believe it is vital to become a successful cash game player in order to be able to play those juicy luxurious multi table tournaments.

The problem is I haven’t as I’ve only ever put in any volume for just 6 months in the back end of 2008. This was on FTP, and Stars in all Stud Game variations up to $5/$10. 8 tabling stud variations is hardly the crack of online poker but it was very helpfull building a roll for Aussie Millions in Jan. I travelled during Jan/Feb and March this year playing events in Australia and since my return have become quite successful in online MTT.

Actually I have won 58 events online and have more than 10 X my bankroll. Sounds like a very nice problem to have, but I can hardly find a stud cash table to suit my new bankroll. Even if there is one, (Poker Stars ONLY), you simply do not get the volume of Muppet poker required to build on my roll any further. Well if I am going to get a name for myself winning $300/day playing $5/10 stud cash is hardly going to do it so what is next for the TMH?

I have decided to continue playing MTT's for the next 10 weeks and moving up in buy in whenever possible. Stud players will tell you this may not work as there are only a few $216 Stud tourneys available online and most of them have small fields with just the top 6-8 getting any + ROI!

I got started taking MTT’s seriously when I was in Melbourne and got advised that Tony G had bought a website called chipmeup.com. After several months I was running terrible despite doing well in my online events but TERRIBLE in live listed events giving me a –ROI which was so fkin frustrating.

After Mark Vos sent me a message saying, “don’t list any events if you think you are good enough as this will reduce bankroll potential”. I was trying to reduce variance and CMU is a great way of selling shares in your events to accomplish this but Mark was right AGAIN! The money I have won since has been crucial in building my roll and if I had sold 30-40% in those events I would not be in the same position.

I started playing events without listing them and won two out of the first three played, with a disappointing 4th place in the other! Needless to say I am not listing events on the site and will not need to unless I want to play in some WCOOP and FTOPS events which are too big for most of our bankrolls!

In 2009 my goals were quite simple:

1) Turn $600 into $5,000 playing cash and online MTT’s.    (Completed by March in style)
2) Turn to bigger, live MTT’s to achieve a big score.            (Complete FAIL! Live range bad)
3) Achieve a $10,000 bankroll playing MTT’s online.           (Completed by end of April).
4) Using staking & online MTT’s run for $50,000.                (Update 2 follow/nowhere close)
5) Study all formats including: Stud/Stud8/Omaha8/NLH/Razz/2-7LB/LHE. (NLH esp)!

Whilst I am achieving online in 2009, I do feel I am way under expectation and hoping to achieve bigger success in the remaining 4 months of this year. With the Australian circuit severing ties with all STUD/ OMAHA8/ and HORSE events I guess I won't be travelling and loosing money in live events. (Or improving and shipping huge chunks SIGH)!

I have a big tourny schedule for tomorrow so will be updating with results and blogging the journy to a $50k roll.