Turning $3,500 into $250,000 in less than ~12 months

[illini43]

[ QUOTE ]

Current Roll: 3.5k
-----------Hourly-----Bankroll
200nl----- ~$100 3.5k--->10k
400nl----- ~$160 10k---->18k
600nl----- ~$240 18k---->35k
1000nl---- ~$400 35k---->80k
2000nl---- ~$800 80k---->250k



[/ QUOTE ]

[ QUOTE ]
The dollars per hour is just 5 PTBB per hour, hence the win rate doesn't decline with the increase of stakes.

[/ QUOTE ]

Your calculations are incorrect if you are factoring 5ptbb/100 4-tabling.

That said, some of the best players at these levels don't even make 5ptbb/100. Granted, you are only 4-tabling, but if you think you can realistically run at 5ptbb/100 at 200/400/600/1000/2000NL, I think you are being a bit optimistic.

Advice: Maybe try increasing the # of tables you play. The biggest number you want is $/hour, not ptbb/100. If you can 8-tabling and make 3ptbb/100, you are making more $/hour than if you 4 table and run hot at 5ptbb/100.

Example: 200NL

Running 2ptbb/100:
4-table ~ $20/hour (250 hands)
8-table ~ $40/hour (500 hands)
12-table ~ $60/hour (750 hands)

Running 3ptbb/100:
4-table ~ $30/hour
8-table ~ $60/hour
12-table ~ $90/hour

Running 5ptbb/100
4-table ~ $50/hour
8-table ~ $100/hour
12-table ~ $150/hour

ETC.

Obviously your ptbb/100 is probably going to be higher if you play fewer tables, but as you can see, 12-tabling 200NL at 2ptbb/100 has a higher hourly than 4-tabling at 5ptbb/100 - just some food for thought.

[GUG01]

Hmm, so you think at the current state of online poker it's impossible to pull 7 PTBB/ 100 even at 200nl for an extended sample size? Surely this can't be the case.

Either way, I'm not going to try to debate projected profits. I honestly don't know how well this will go yet. I might crash and burn for all we know.

I'm going to try to update this thread each month for the next X amount of months until I hit my goal or give up. I'll post # hours, profits, and stakes.

Either way it should be fun for everyone. [img]/images/graemlins/smile.gif[/img]

[illini43]

If you have time, look around the forum and try to find the older posts and screenshots from the winning 200NL players.

I know at 100NL, 4ptbb/100 is VERY VERY good. I can't imagine 200NL would be that much higher.

[rdrr]

[ QUOTE ]
Hmm, so you think at the current state of online poker it's impossible to pull 7 PTBB/ 100 even at 200nl for an extended sample size?

[/ QUOTE ]

Correct, let alone at NL400+.

[RiverMustelid]

Don't hold your breath. These threads belong in BBV.

[BT2]

i think your estimations are way off.

however, i do think that winning $246,500 in a year playing poker is very reasonable if you are good, and put poker before school.

[litemyfire]

Prop bets???? lets get some action going!!!

[holdem2000]

[ QUOTE ]
Hmm, so you think at the current state of online poker it's impossible to pull 7 PTBB/ 100 even at 200nl for an extended sample size? Surely this can't be the case.

[/ QUOTE ]

I'll quit going on about potential winrates after this - yes, 7 is possible while 4 tabling for the best 1/2nl players and a lot of the good higher stakes players if they moved down (though I do think that anyone who can make that can make more $/hr playing 8+ tables), but if you've been playing online for 4 months, whatever your sample size is, if you've been running at that rate it's very likely your true winrate is lower.

[intel]

i like the plan good luck keep us updated.
also pm me ur screen name id love to rail u! and play u of course [img]/images/graemlins/laugh.gif[/img]

[GUG01]

[img]/images/graemlins/smile.gif[/img] It's cool I got quite a bit of support and positive feedback, today is October 15th, I'll update November 15th and on every subsequent 15th of every month

Wish me luck