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-   -   $50 - $3000 (http://archives1.twoplustwo.com/showthread.php?t=189748)

ZSebag 08-17-2006 07:41 PM

$50 - $3000
 
I was wondering if it's reasonably possible to go from $50 - $3000. I was thinking of trying this. Do you guys have any tips? I assume i'd have to start at the .02/.04 limits and work my way up. Also do you think this would be better achieved by limit or no limit? Also what time frame do yout think this should be done in? I'm thinking of giving my self till new years. Also I will not be bonus whoring. Although I'm best at H/L Omaha I was thinking of playing holdem because of looser games.

Anyways thanks in advance!

xxx 08-17-2006 08:12 PM

Re: $50 - $3000
 
[ QUOTE ]
I was wondering if it's reasonably possible to go from $50 - $3000. I was thinking of trying this. Do you guys have any tips? I assume i'd have to start at the .02/.04 limits and work my way up. Also do you think this would be better achieved by limit or no limit? Also what time frame do yout think this should be done in? I'm thinking of giving my self till new years. Also I will not be bonus whoring. Although I'm best at H/L Omaha I was thinking of playing holdem because of looser games.

Anyways thanks in advance!

[/ QUOTE ]

It is very possible. Several posters have taken this size buyin and grown much (much) bigger rolls than 3K.

You asked for some tips:

Limit/NL- Doesn't matter. Do which game you like better.

You have to have a fundamentally sound game to really beat the low limits. If you are having trouble winning, take time to work on your game and don't blame the poor play of the other people at the table.

Think in terms of big bets instead of dollars at first. If you are beating a .01/.02 limit game for .06/hr you are killing it, but thinking in terms of dollar amounts will drive you crazy.

Be more inclined to protect your bankroll the larger it gets. Mike Caro has written some good essays on this.

Read and study on a constant basis.

Think about the game away from the table.

Don't set a time limit. You are setting yourself up for tilt if you get it too fast (wow- this is so easy! Easy come, easy go!) or slow (this is impossible- might as well blow off the last of my money). Just concentrate on playing (alot) of good poker and the money will come soon enough.

Don't ignore bonuses, promotions, etc. At the micro levels, you can earn 100 times what you can under normal conditions by playing favorable conditions.

Take pride in your game no matter what stakes you are playing!

theJoblessWobbly 08-17-2006 08:49 PM

Re: $50 - $3000
 
You mentioned that .06/hr is "killing the game" at .01/.02 limit. What would be a similar result at .01/.02 NL? I've played limit at the micros a while and just switched to NL. I'm having trouble deciding how well I'm doing since BB/100 are misleading in NL. I only know that I'm winning, but I want to be killing the game before I move up. What gauge should I use?

Al_Money 08-17-2006 09:33 PM

Re: $50 - $3000
 
[ QUOTE ]
You mentioned that .06/hr is "killing the game" at .01/.02 limit. What would be a similar result at .01/.02 NL? I've played limit at the micros a while and just switched to NL. I'm having trouble deciding how well I'm doing since BB/100 are misleading in NL. I only know that I'm winning, but I want to be killing the game before I move up. What gauge should I use?

[/ QUOTE ]

I would say anywhere from 8-12 PTBB/100 could be considered "killing" a level.

AKQJ10 08-17-2006 10:16 PM

Re: $50 - $3000
 
[ QUOTE ]
I would say anywhere from 16-24 BBL/100 could be considered "killing" a level.

[/ QUOTE ]

Sorry, I had to. Using a limit metric to judge success at no-limit is ridiculous.

Mal_Pais 08-17-2006 10:26 PM

Re: $50 - $3000
 
Very doable. But I don't like the pressure you're putting on yourself. The "got to get to 3,000 by New's Year's" pressure. Personally, I play better when I set small goals, like "make fewer big mistakes than my opponents this session."

My advice is to not focus so much on the $ amount in your bankroll. Your goal, IMO, should be to play good poker. If you're playing well, bankroll will take care of itself. I'm a prime example of "bankroll grows much faster than skill." And I would not rule out bonus whoring. There's too much money out there in bonuses NOT to take advantage of.

As far at NL2 (the .01/.02 game at 'Stars or UB), 20 PTBB/100 is very realistic.

Daniel Magix 08-18-2006 11:01 AM

Re: $50 - $3000
 
Why on earth would you pass up the bonuses? I know if you start at the micros, they will be VERY slow to clear, but just don't maximize the bonus. I mean, you can always just deposit a couple dollars and go for a tiny bonus, but any bonus is better than nothing. Before I went crazy and blew my BR, I took full advantage of bonuses and it really helped build my BR. Don't be ashamed of being a bonus WHORE.

pocketse7ens 08-18-2006 11:54 AM

Re: $50 - $3000
 
It's certainly possible, I made a $50 deposit once and my BR is well over 3k. I'd suggest starting out with bonuswhoring, it really builds your BR fast (bonuswhores.com). Limit or NL doesn't matter, just study hard and play.

jb9 08-18-2006 12:17 PM

Re: $50 - $3000
 
[ QUOTE ]
Also I will not be bonus whoring. Although I'm best at H/L Omaha I was thinking of playing holdem because of looser games.

[/ QUOTE ]

Not bonus whoring and not playing your best game both sound like big mistakes to me.

Especially since O/8 is a great bonus clearing game as a solid strategy at the lower limits can result in many many raked hands with little risk.

You could easily get $500 in bonuses which would get you 1/6 of the way to your goal.

kimchi 08-18-2006 01:20 PM

Re: $50 - $3000
 
[ QUOTE ]
Also what time frame do yout think this should be done in? I'm thinking of giving my self till new years. Also I will not be bonus whoring.

[/ QUOTE ]

I ran $100 to $5000, but it took about 7-8months and a good chunk of that was from bonuses and rakeback.

I ran well and my bankroll grew much quicker than my skill level and I've basically been over-rolled since month #2.

I wouldn't bother setting any financial targets. It's not really of any benefit.

Don't bother playing anywhere without bonuses and rakeback. There's no need to. There's no site soft enough to warrant discounting these extras.

Your timeframe is doable, by the way....but don't be disappointed if you still have a $50 bankroll by New Year's [img]/images/graemlins/laugh.gif[/img]

Daniel Magix 08-18-2006 01:30 PM

Re: $50 - $3000
 
I do feel that it is bad to place a time frame on your goal like that. With $50, you are going to have to start off at the small micros if you want to play properly bankrolled. You want 300 big bets in your bankroll to be comfortable, and that basically means a 10/20¢ limit game or lower. At that level, you aren't going to see your bankroll growing by leaps and bounds. Then again, I don't know what kind of time you plan on putting in. If you are playing 4-6 hours a day or more, then I guess yeah, you will see it grow at a decent rate. But it's not called “grinding it out” because it happens quickly.

Oh, did anyone mention that you NEED to bonus whore?

Dataplex 08-18-2006 01:33 PM

Re: $50 - $3000
 
I personally don't think that setting monetary goals is a good idea.

Play well and get better while you're doing it and you'll automaticly notice an increasement of your bankroll but setting more or less tight date ranges for huge profits may tend to make you play way too aggressive and make you lose your initial investment if you don't win as much as you'd like to.

AKQJ10 08-18-2006 04:08 PM

Re: $50 - $3000
 
FWIW, to remind myself how to build a bankroll from scratch, I'm playing on roughly $50 I had left over in my Party account. I don't know if I'll take it all the way to $3k (I would certainly cash out some of it and invest it liquidly, I think) but it is sort of a fun exercise. Also I have real doubts about my ability to beat online games I'm bankrolled for, so this is a fun exercise to try to determine what stakes I should be playing at.

Sir P 08-18-2006 05:35 PM

Re: $50 - $3000
 
I went from $5 to around $1,000 in a week.. but I wouldnt suggest what I did.

$50 to $3,000 by new years is quite possible. I suggest just staying patient and remember that tilt is your worst enemy.

sluggger5x 08-23-2006 02:52 PM

Re: $50 - $3000
 
I started with $50 on Pokerstars 2 days after my 18th birthday on Mar. 1, 2006. I had always stuck to 20 buyins for each level I played; playing nl full ring games. By the last week of May, I was at $2700 before cashing some out. I had put in an average of 500 hands per night during this time. I began at .01/.02 and was soon at .50/1. Its doable, but you have to run well in all honesty. In the month of June, I had basically broken even.

4_2_it 08-23-2006 02:58 PM

Re: $50 - $3000
 
[ QUOTE ]

My advice is to not focus so much on the $ amount in your bankroll. Your goal, IMO, should be to play good poker. If you're playing well, bankroll will take care of itself.

[/ QUOTE ]

QFT. Strip away stats and that is what everything really boils down to. If you play good poker, then your bankroll will grow over time. You will not be able to directly control how quickly it grows, but grow it will.

sluggger5x 08-23-2006 03:13 PM

Re: $50 - $3000
 
4 2 is right. When I first began I used to flip afer a losing day. Now I dont even know if im up or down after each session. All I worry about anymore, is if I made any costly mistakes each day. If you play enough, you will get to a point where u dont even see profit/loss, just how well or bad you played each day.

Mal_Pais 08-23-2006 06:11 PM

Re: $50 - $3000
 
[ QUOTE ]
4 2 is right. When I first began I used to flip afer a losing day. Now I dont even know if im up or down after each session. All I worry about anymore, is if I made any costly mistakes each day. If you play enough, you will get to a point where u dont even see profit/loss, just how well or bad you played each day.

[/ QUOTE ]

A'int that the truth. I played in the weekly home game last week, and when I came home, my wife asked me how I did. I said, "I just played the best live poker of my life." Her eyes lit up and she said, "how much did you win?" Without hestitation, I said, "lost 2 buyins." [img]/images/graemlins/grin.gif[/img]


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