Okay, a lot has happened over the past day and a half, so let me walk through it. On Absolute Poker, I won some money in a free roll, worked it up to enough money to join a tournament, and came in seventh place in that tournament, which earned me a total profit of $13.16. When you add this to the $0.25 at Full Tilt Poker this means that I’m $13.41 toward my goal of $60,000.00.
Part of that $13.16 on Absolute Poker includes $1 or so that I won on the cash tables playing .02/.04 limit poker. After the intensity of tournaments over the past couple weeks, low limit cash tables were like shooting fish in a barrel. In about an hour I earned $1 with penny stakes. Hey, I’ll take it. I have a long way to go!
The bulk of my winnings came from the Absolute Poker tournament, which had a $1.10 buy-in. I got kicked out by the eventual winner on a hand where I played pretty well but got busted on a flat out better hand.
Anyway, I’m debating on sticking to cash tables for the next few days to see how I do. My feeling is that trolling the cash tables is a much more effective way of making money via Internet poker than playing in tournaments. We’ll see.