Monday, March 15, 2010

I’ve joined team Moshman. Coaching starting shortly.

As of today, I am officially receiving coaching from team Moshman. If you haven’t heard of Collin Moshman, well I don’t know what you’re doing following poker blogs.

I contacted the management team via their website http://collinmoshman.com/ and applied for a coaching deal. Within 24 hours I was contacted and an offer put on the table. The original deal was that I play 400 $5 double or nothing tournaments per week and pay 50% of net profits for a period of 6 months.

Without much time I quickly asked to re-negotiate these terms as 6 months of half my profits is far too long for me. So I suggested I’ll play 6,000 games which I aim to have finished n 2 months and still pay 50% of my net profits. Without hesitation they accepted this and I signed the contract last night.

As I am writing this I have played just over 1,300 games this year for a net result of 6.8% ROI which is .5% under EV. I strongly feel that 6.8% ROI is quite bad for the $5 level. Clearly I must expect to have a slightly lower than average ROI as I 16table these games in sets of 50 at a time. I’m sure if I was 4tabling them I’d have a higher result due to being able to concentrate more and make perhaps better decisions as opposed to just going through the motions. But, on a personal note, I only have one objective at the moment and that is to rebuild my bankroll as fast as humanly possible.

I’m sincerely hoping after some coaching and critiquing of my game I can be at 10%+ ROI playing in exactly the same manner. From there start to move back up the levels.

What I found most attractive was their policy of “No win, No Fee”. I have had a coaching session before at the rates of $65/hr from a private coach and whilst it was good there is only so much one can learn from a one hour session. I need something on-going. I’m hoping this will be easy for the team to help me develop as I can at least say I am a “marginal winning” player.

In this thread I will share what I am learning and post my results of the 6,000 games I play for the duration of the agreement. If all goes well, I look forward to hopefully becoming an integral part of their team.

Collin Moshman’s reputation is self explanatory and in my eyes, legendary. So it’s very safe for me to assume that anyone within that circle can achieve successful results.

Feel free to ask questions and I hope you enjoy as much as I will the journey that is about to start.

Custo

3 comments:

Dr G. said...

6.8% ROI would be fine if you were spending $250K per month!

icemonkey9 said...

Good luck on this venture Nick. The only thing I can really wish upon you is fortitude and strength. This is NOT going to be easy for you, but in the long run if you recognize the potential you'll have a lot to gain. Best of luck and I really look forward to reading your thoughts about the coaching and progress.

buffyslayer1 said...

custo this is a terrible idea

a) you are not goona get anywhere near the volume required

b) 50% of your profits it alot and i dont believe that the coaching they are gonna give you is gonna improve you roi so much that it off sets this

c) you could join any training site for 30 bucks a month and it be more worthwhile