I've played more this month than in any previous month since I started on the cash games, and my total profit is just about zero.
I claimed $50 for playing on 25 days in September as part of Full Tilts 'Take Two' promotion, and a few extra FPP's, which are pretty worthless anyway as the i-pod I had my eye on has been taken out of the Full Tilt store.
I have lost $86 in the month will get $50 from the promo and about $150 in rakeback, so I'm up about $100 overall, but I haven't enjoyed playing at all.
The standard on FTP is pretty good so I always try to find the softest table, trying to target the fish.
The problem is when you find them there are usually 4 or 5 other regs trying to separate the fish from their cash.
My usual MO is to sit tight, wait for the prenmium hands, and let the fish net themselves, unfortunately to make this work I not only have to overcome the lunatics, but also the monster known as variance.
The hand below is a perfect example, I waited patiently for a hand, I had peviously laid down KK on the river when his (obvious) flush draw hit after I flopped a set, and I had been waiting for this (hence the pre-flop limp)
***** Hand History for Game 14968157897 ***** (Full Tilt)
$50.00 USD NL Texas Hold'em - Sunday, September 27, 11:25:41 ET 2009
Table AceKingNL (6 max) (Real Money)
Seat 5 is the button
Seat 1: batmanisno1 ( $108.80 USD )
Seat 2: redcar99 ( $60.90 USD )
Seat 4: iapoligizenow ( $50.00 USD )
Seat 5: TOANNGUYENAA ( $26.40 USD )
Seat 6: loliHasAces ( $52.25 USD )
loliHasAces posts small blind [$0.25 USD].
batmanisno1 posts big blind [$0.50 USD].
** Dealing down cards **
Dealt to redcar99 [ Ks Kh ]
redcar99 calls [$0.50 USD]
batmanisno1 raises [$1.00 USD]
redcar99 raises [$5.00 USD]
batmanisno1 calls [$4.00 USD]
** Dealing Flop ** [ 6c, Jd, Th ]
redcar99 bets [$10.50 USD]
batmanisno1 calls [$10.50 USD]
** Dealing Turn ** [ 2c ]
redcar99 bets [$44.90 USD]
batmanisno1 calls [$44.90 USD]
redcar99 shows [Ks, Kh ]
batmanisno1 shows [4c, Tc ]
** Dealing River ** [ 3c ]
batmanisno1 wins $120.05 USD from main pot
That was just about the straw that broke the camels back.
I have come to the conclusion that I can't beat 50NL on FTP so I need to find a softer site or give up completely, so I have decided to cash out all my funds from FTP and try to make a profit on Party Poker
Its a shame because I really like the Full Tilt software, I think its the best around, but I just can't win there.
I will also have to give up on rakeback at Party, but hopefully I can actually make a profit from the poker rather than grinding away waiting for a weekly rakeback payment
Here's hoping !