Player of the Week Race at Running Aces

I’ve been very frustrated with online poker lately, so I’ve given it up almost completely. I’m also trying to cut down a little on the amount of time I’m spending on the road and make a little more money, so local live poker games are the only way to do that. The games in Minnesota are tougher than any other place that I’ve played, but there is still definitely money to be made here and we are lucky to have two high quality card rooms in the twin cities. With the low limits on cash games, making more than about $25 an hour is tough, and even that number is only achievable by the very best players who have spent a lot of time studying. I do play in some home games where my income is a little higher than that, but tournaments are probably the best solution long term and I really enjoy playing them.

This week I decided to play a bunch of tournaments at Running Aces and see how tough the Player of the Week race is. I’ve talked to a couple people who are regularly in the running for the PotW race and run some numbers on my own, and I think I have a pretty good feel for how much I can make playing just tournaments at Running Aces. It’s not enough money to make me really happy by itself, but adding in lots of local series in the spring and fall, MSPT events, and whatever else I can find locally, I don’t think I will have to be on the road when I don’t want to. As of today I’m in the lead for the PotW race by five points.

The Schedule

Monday – The $5k freeroll is really a $50 buy-in tournament if you are playing it right. You start with 27,000 in chips that way, and they add $2k to the prize pool. Of course the $50 is half rake, which is the only reason this isn’t the best tournament in town, but with the added money, huge field, and terrible players, it’s still worth playing. I would probably skip it some weeks when I had a lot of work to get done, but it’s worth playing.

Tuesday – The $50 tournament at 2 pm may not be worth it just because smaller buy-in tournaments have such a high rake percentage, but the 6 pm tournament is $150 buy-in and a great structure. The 6 pm will be on my schedule every week when I’m in town.

Wednesday – In the past I have always played the $235 weekly at Canterbury, but if I have a cash at Aces already that puts me in the points race then I’ll play the Wacky Wednesday at 6 pm. The $50 rebuy at 10:30 am is probably profitable as well, but I don’t play tournaments before noon. Gotta get my beauty sleep.

Thursday – The $150 at 6 pm is the same as the Tuesday event and I will play this almost every week when I am in town too.

Friday – There are two $70 tournaments on Friday, and they are small enough that I’ll skip them unless I am in the points race from some good results earlier in the week.

Saturday – The $70 tournament at 9:30 is too early for me, but the $150 bounty event at 6 pm will only be on my schedule most weeks, and if I’m in the points race I’ll play it for sure.

Sunday – The $250 Optimum is one of the best weekly tournaments I’ve ever seen, and I’ll play it whenever I’m in town. If I bust the Optimum, and I’m still looking for points, I can play the $70 event at 6pm.

What I Might Make

I think I would be playing an average of $800 in tournaments in a typical week at Aces, and my ROI in those tournaments is pretty good, so making $1,000 a week should be doable. With $200 a week in PotW money, I’m up to $1,200 a week. Given that I’m self employed and have to pay my own health insurance, social security, etc., I wouldn’t be happy with $1,200 a week long term, but to make that on my “off weeks” when I’m not playing bigger stuff is pretty reasonable. Adding that to the bigger events, MSPT, local series, and the WSoP in the summer, I could get myself up to a pretty reasonable income and I might not hate poker so much if I was just playing tournaments and putting in less hours than I have been in the past.

It ain’t Vegas, or Florida, or California, but there is money to be made in Minnesota if you study hard and learn to really crush the games. In some parts of the country it is impossible to make a living playing poker, so we’re lucky to have this option even if players in some places are making more money.

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