1k Prop bet help...
 

My friend who is a mid stakes player on stars has offered me a win/no lose prop bet. The bet is I must start with $20 and start at 1c/2c, then 2c/5c then finally 5c/10c. I must play NLHE and at least 15k hands at each level with a + bb/100. Also I must have 10x buy in for the next level before moving up. If I can do this he is offering me a 1k bankroll to play 25c/50c with no strings attatched and some coaching ( He plays 200 - 400 NL on Stars)

I think I can do this very very easily but he says I have got no chance as there are too many fish at these levels. Is the best stratergy to just play my normal game and hopefully pull through or play like a really tight nit.

I am thinking about playing 6max aswell but I think that will be a bad idea so im starting with full ring.

Just thought Id post it here to see if anyone had any advice or if they have done anything like this before.

Thanks

Re: 1k Prop bet help...
 

Good Luck Mate

the 1c/2c will be the toughest, too many fish, once you reach the next one if your any sort of player you should be ok

but your in for a hell of a grind, i have played 10 000+ at each of these levels

great opportunity though so give it your best and good luck

Re: 1k Prop bet help...
 

NL2 wont be the toughest, just the most boring.

find a table that isnt too aggro preflop, limp with all scs, low-mid pps, unsuited down to 89o.

Raise aa/kk/qq/ak 20bb, if its full of especially loose ppl just open shove pre.

Nl2 is just a grind, dont get tricky, dont put your opponents on a hand, just shove if you like your hand.

Re: 1k Prop bet help...
 

[ QUOTE ]
NL2 wont be the toughest, just the most boring.

find a table that isnt too aggro preflop, limp with all scs, low-mid pps, unsuited down to 89o.

Raise aa/kk/qq/ak 20bb, if its full of especially loose ppl just open shove pre.

Nl2 is just a grind, dont get tricky, dont put your opponents on a hand, just shove if you like your hand.

[/ QUOTE ]

Good advice. I'll also add that if you hit a set or stronger on a dry board and you get callers, get that stack in, you will get paid off. I know 1c/2c at Stars has a $5 max buyin, are you required to buyin for 100BB or can you buyin for $5?

Edit: Also, can I get the same deal from you friend? [img]/images/graemlins/smile.gif[/img]

Re: 1k Prop bet help...
 

Read up on what Chris Ferguson did to move up like you are trying to do. Follow his example.

Chris Ferguson turns $0 into $10,000 on Full Tilt Poker

Re: 1k Prop bet help...
 

And for some encouragement, 1c/2c is definitely beatable:
http://i113.photobucket.com/albums/n...and_3/1c2c.jpg

I played at this level this morning a bit - didn't really feel like playing so I thought I'd mess around at 1c/2c. The top one is from today, the bottom one is mostly from about 2 years ago before I found 2+2.

Re: 1k Prop bet help...
 

[ QUOTE ]
[ QUOTE ]
NL2 wont be the toughest, just the most boring.

find a table that isnt too aggro preflop, limp with all scs, low-mid pps, unsuited down to 89o.

Raise aa/kk/qq/ak 20bb, if its full of especially loose ppl just open shove pre.

Nl2 is just a grind, dont get tricky, dont put your opponents on a hand, just shove if you like your hand.

[/ QUOTE ]

Good advice. I'll also add that if you hit a set or stronger on a dry board and you get callers, get that stack in, you will get paid off. I know 1c/2c at Stars has a $5 max buyin, are you required to buyin for 100BB or can you buyin for $5?

Edit: Also, can I get the same deal from you friend? [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

He said I can buy in for whatever amount I want, I think buying in for $5 and giving myself only 4 buyins is too much of a risk, I was thinking of starting of buying in for $1 and leaving when I get to $2.

Im donking around on 1c/2c now getting the feel for it, I will officially start tomorrow morning.

Thanks for the replies so far.

Re: 1k Prop bet help...
 

Just play tight, tight, tight, nothing fancy, be disciplined.

Re: 1k Prop bet help...
 

You're right, buying in for 50bb is a great idea if you only have a 1,000bb roll to begin with.

What's all this about 'too many fish'? How is this a problem guys?

Definitely try and avoid marginal spots where you're risking a stack for a very slight profit... but if you're playing on a 50bb stack, you should be good.

You have an awesome friend and you should really give this your best shot. You should also post updates in this thread [img]/images/graemlins/laugh.gif[/img]

Re: 1k Prop bet help...
 

[ QUOTE ]
What's all this about 'too many fish'? How is this a problem guys?

[/ QUOTE ]

Yeah, I had to read that over and over. Fish are our friends, right!!?? Don't get that part at all. Yeah fish do suck out on us but they also contribute to our winnings more than they suck out.

Case in point, I was playing with a 50BB stack at .01/.02, had QQ UTG, raise it 4xbb, get one caller in the blinds, flop was 7 high, he leads into me for PSB, I go all in he calls. Of course he has A,7o and hits a 7 on the river. I LOVE these guys and seek them out. They are the only way you will move up and win the bet.

Is there a time limit on the bet? Do you have a full time job? If no to both, GO FOR IT and have fun!

Re: 1k Prop bet help...
 

I think the problem he mentions is the limited number of buy-ins so getting to the table with a smaller stack should be possible. What OP doesn't mention is his experience playing poker up to now. He has to be able to beat that level. but given the basic advice here it should be beatable...

(If you can rebuy your initial 20$ you can start with 100BB i wouldn't advise 5$ buy-in if you aren't experienced. It's tougher to play, even at this level (even though I've never played "down there")

Re: 1k Prop bet help...
 

Keep the list updated, this should be fun. Here's a thread from Jan. '07 where Nate turns $5 into $1,000 in 7 days. A lot different than your situation but a great read nonetheless.

http://forumserver.twoplustwo.com/showfl...rt=all&vc=1

Re: 1k Prop bet help...
 

Well I wasn't going to update this until I got to 5k hands on the first level, only started this a few days ago and because I work full time I havent been able to play much but made a great start. As it has been bumped with some new advice ill post my first few screenies.

http://www.mypicshare.com/thumbs/20071112/69p70loi.jpg

http://www.mypicshare.com/thumbs/20071112/epufk7xa.jpg

http://www.mypicshare.com/thumbs/20071112/vh4jq2gg.jpg

I know I have played nealry 2k hands at 2c/5c but that was last weekend before I started this and he said it could count towards it aslong as I didnt play anymore until I have done my 10k hands at 1c/2c. I happily agreed as this has made my bankroll double to start with. Im still only buying in with $2 though as I know I can beat this level now so just trying to rack in the hands as quickly as I can without losing focus.

As Germanguy said I didnt say my previous expericane with poker, I have been playing offline now for about 4 - 5 years and have been a consistant winner, nothing much and only down the local pub but my results were consistant. About 12 months ago when I turned 18 I deposited on ladbrokes, ran it up a bit then blew it at the higher levels. done this for about the next 6 months on different sites then found 2+2. had a break online for about a month and focused on reading these baords and Harrington 1,2 + 3.

Came back online and after reading posts on here brought PokerTrracker/PAHud and all the other bits and bobs. Signed up with PS about 3 months ago (I think)and deposited my first $50, all I have been doing is playing SNG's which sharkscope says im around $350 up and low limit cash games. I used to get to big for my boots and play $1/$2 limit but I soon realised if I grind at the lower limts I can eventually play these with hard work.

I think thats about it.

Any advice on my play so far, I know its a very small sample but is anything looking bad at these limits?

Thanks

Re: 1k Prop bet help...
 

Excellent progress!
I'd like someone more advanced to back me up on this, but I'd say blind steal more.

Re: 1k Prop bet help...
 

[ QUOTE ]


[/ QUOTE ] My friend who is a mid stakes player on stars has offered me a win/no lose prop bet. The bet is I must start with $20 and start at 1c/2c, then 2c/5c then finally 5c/10c. I must play NLHE and at least 15k hands at each level with a + bb/100. Also I must have 10x buy in for the next level before moving up. If I can do this he is offering me a 1k bankroll to play 25c/50c with no strings attatched and some coaching ( He plays 200 - 400 NL on Stars)

Your story doesn't jive...

Re: 1k Prop bet help...
 

[ QUOTE ]
I'd like someone more advanced to back me up on this, but I'd say blind steal more.

[/ QUOTE ]

Easier said than done @ 2NL.

Attempting to steal too much can turn into a huge leak at those levels cause you'll find nobody really folds preflop. Ever. And then- whoops, you have 6 J offsuit in a 4-way pot.

Not fun.

Re: 1k Prop bet help...
 

[ QUOTE ]
[ QUOTE ]


[/ QUOTE ] My friend who is a mid stakes player on stars has offered me a win/no lose prop bet. The bet is I must start with $20 and start at 1c/2c, then 2c/5c then finally 5c/10c. I must play NLHE and at least 15k hands at each level with a + bb/100. Also I must have 10x buy in for the next level before moving up. If I can do this he is offering me a 1k bankroll to play 25c/50c with no strings attatched and some coaching ( He plays 200 - 400 NL on Stars)

Your story doesn't jive...

[/ QUOTE ]

You trying to say Im lying?

I know Im not a high roller by any means but why would I play 15k hands at 2NL if I am rolled for 10NL.

If u mean 200 - 400NL is not Mid stakes then fine, but it is mid stakes to me.

Re: 1k Prop bet help...
 

I think the critic is mistaking 200 - 400 NL on Stars for $200-400, not the conventional $2-4 x 100BB...
Yes, $2-4 is mid stakes IMHO.

Re: 1k Prop bet help...
 

[ QUOTE ]
I think the critic is mistaking 200 - 400 NL on Stars for $200-400, not the conventional $2-4 x 100BB...
Yes, $2-4 is mid stakes IMHO.

[/ QUOTE ]

15k hands at each level would be mind-numbing. If someone challenged me today to do it and made the prop bet worth my while (and that would need to be a hefty sum), then...

I'd max out the number of tables I could and just fold everything but the top x% of hands, which I'd shove, or some variant of that. Mind you, this is just to win the prop bet, with no regard for improving my game or learning anything.