We mentioned a few posts down that we were tempted (before the U.S. government stepped in) to plunk down some real money in online poker again. The reason for that temptation was a review of how we've fared in free tournaments at National League of Poker.
We kept track of how many "points" we earned in full tournaments since the start of October 2010. (You have to spend points to buy into almost all the tournaments; NLOP provides 1,500 per day to help you.) Here's how we've done....
MONTH // POINTS SPENT // POINTS WON // PROFIT/LOSS
October 28,750 89,111* + 60,361
November 23,000 21,713 - 1,287
December 25,500 26,743 + 1,743
January 26,500 20,883 - 5,617
February 8,250 47,081** + 38,831
March 2,000 500 - 1,500
TOTAL 114,000 206,031 + 92,031
* One point win was not recorded; we estimated.
** One second-place finish awarded us $25 cash, but no points; we estimated a 20,000 point win based on the NLOP prize matrix.
A few final tables brought big point rewards, which could make up for comparatively slow months.
In this six-month span, we won $30 in real money from strong NLOP finishes (and $80 more from video poker tournaments). At one dollar per point, we would have made a very nice living. So what should we do now -- move to Canada?
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