Tuesday, January 14, 2014

2013 In Financial Review

Keeping a detailed log of my poker winnings and losses since 2009 has had one common thread each year until the most recent one: an overall profit.  For 2013 I lost $450 and lost a total of $3.79 every hour of play at a poker table.

The lowest point of loss for the year was $1,270 by June 13.  I was able to start digging myself out of the whole by that point, but there just weren't enough time games I played in by the end of the year to completely return to the black.  My largest loss in a single game was $320 and largest win was $500.  In 32 games, twice I broke even.

It was a disappointing year in general as I had a lot of losses that couldn't be dismissed by bad luck or poor play alone.  Many professional poker players talk of long-lasting losing streaks that just can't be explained.  I am far from a professional poker player, but the first half of the year did seem to be like a prolonged prank by the poker gods to stick it to me.

Here's to hoping 2014 gets back to a profitable year.