Showing posts with label bankroll. Show all posts
Showing posts with label bankroll. Show all posts

Wednesday, November 24, 2010

Another Deuces Cracked Challenge

I've decided to get involved in another Deuces Cracked challenge ... this time a bankroll-building challenge to see who can turn $100 into the most after 50,000 hands. The challenge starts on December 1 & runs for three months (or 50,000 hands, whatever comes first). Part of the reason for getting involved in this is not only for the potential win (two coaches have offered a free coaching session to the winner), but also to see how long it takes to actually get through 50,000 hands. At the moment, while I have been playing some micro-limits to gain Full Tilt Academy points through challenges, I have played just over 25,000 hands on Full Tilt since September ... which means I need to be playing more to fulfill the 50,000 hand requirement.
Also coming into consideration in this challenge are the issues of bankroll management & game selection. The main issues being how aggressively to use (or ignore) bankroll management ... and what games to play.
Issues to ponder:
What level & game should I be starting at?
* 2NL
* 5NL rush (there is no 2NL for rush)
* 5NL
* 10/20c L
* 25/50c L
How many tables should I be playing simultaneously?
* 1
* 2
* 4
* 6
* 8
* As many as possible
At what point should I move up in limits?
* 20 buy-ins (NL)
* 30 buy-ins (NL)
* 40 buy-ins (NL)
* ?? buy-ins (NL)
* 200 BB (L)
* 300 BB (L)
* 500 BB (L)
Will the progress of others (assuming others post their progress) affect how I play in terms of game choice & limits?
I'm sure there's a few rather obvious questions I'm missing at the moment ...
At present, the thought is to start at 2NL & move up when I have 30 buy-ins, although that might change ...

In other happenings, I've completed enough of the FTPA challenges to get over the 5000 point mark, have converted these points into Full Tilt points & have put in an order for the watch I have been mentioning on the blog ... apparently it takes 6-8 weeks for delivery, so I suspect it might become a late Christmas gift, but I'll see what happens.
I also plan to get a new (now long overdue) episode of the Donkcast out in the next few days ... but with so much to try to catch up on, it might almost become a news-only episode!

Friday, October 1, 2010

Mini Online Challenge

After reading Joe Tall's blog where he talks about how he got started in poker, I've decided to give myself a challenge along somewhat similar lines.
The challenge is as follows:
Site of choice: Full Tilt Poker
Starting challenge 'bankroll': $40 (conveniently my current Cashier balance ends in $40.65)
The plan: Play 2-4 tables of 25/50c LHE until 'bankroll' is over $100
Move to 2-4 tables of 50c/$1 until 'bankroll' is over $200
Move to 2-4 tables of $1/2 until 'bankroll' is over $400
If things go belly-up, I'll have up to three more cracks at it. There's also the drop down if things are going badly (but before they reach 'busto').

Hopefully I'll get there.
I'll be interested to see how long it takes, both in terms of number of hands & actual hours at the tables.
If successful, it should be the 'kick start' I need in order to take online poker more seriously!
Wish me luck!

Thursday, September 23, 2010

The online challenge

I recently scored a bonus on Full Tilt Poker & am in the process of 'earning' it. Of course the challenge remaining is to complete the entire bonus. As it stands I have roughly $70 left to earn of the bonus, with 6c earnt per FTP. This means that I need to earn roughly another 1150 FTPs to complete the bonus. The difficult part about it is that I now have 13 hours left to complete the bonus! At present I'm playing primarily 25/50c limit holdem, playing anywhere from 4-8 tables at a time. Hopefully I'll be able to get the entire bonus & give the bankroll a decent boost. At present I have around $300 on Full Tilt & am hoping to double this before moving up to 50c/$1 games.
Lets see how it goes ...