So.... After playing online poker for some time now, and being that it is the first day of 2012, I have decided to create a challenge for myself. To start off with a minimal bankroll and using proper bankroll management techniques, which I will describe, bankroll myself to $5,000 and chronicle the ups and downs of the time it took me to get there. By following this technique, there is no way for me to go broke because I will always be playing within a proper bankroll and will move up and down as good and bad swings happen.
So this is the challenge. I will start with an inital bankroll of $300 and using proper BM see how long it takes me to gain a bankroll of $5,000. Now the BM system that I will be using is this. For sit n go's it will be a minimum of 20 buy ins per level. So for example I will start out playing $3.50 turbo 9 man sit n gos. Therefore my starting bankroll should be no less than $70. However, for those of you like myself who are planning on multi tabling, this equation now changes. For each additional game you play at a given time, you need to multiply your bankroll requirements by the amount of games you will be playing. So for me, I plan to play 4 games at a time, so my bankroll requirements are as follows; $3.50 x 20 minimum buy ins = $70 x 4 games at a times = $280. So for me to multi table 4 $3.50 9 man sit n go's at a time I will need a minimum of $280 starting bankroll. This is where I got my $300 starting bankroll from.
So now that I have explained my challenge, I will be starting to post my bankroll after each day of play, the techniques I am using, the bad swings and good swings I have gone on and so forth. I will also take pictures and post on here to prove the games I am playing and the bankroll I am currently at. If you have questions, or comments on this challenge please feel free to ask and post. I will answer as many as I can. This is also the road for me to go professional in online poker.
See you on the e-felt!
This seems like a pretty cool challenge for the New Year, I wish you the best of luck.
ReplyDeleteThank you for the good wishes. Hope you follow along with what im doing and maybe even learn a little in the process too.
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