$20,000 from $1

[raze]

[ QUOTE ]
Pacific gave me a free $10 when I signed up at their site. 6 months later it was $16k. I started out at 5cent/10cent and moved up to the next level every time I had 250 BBs.

edit-until I hit 5/10 where I made it home for a while

[/ QUOTE ]

Nice man, I have the same story

I got a free $5 from Tiger Gaming.. played 10c/20c, and 24 months later I'm up $32,000 playin 5/10 - 10/20

[Silent A]

[ QUOTE ]
[ QUOTE ]
WOW, How do you sell play money at pokerstars ???

[/ QUOTE ]

I have also seen e-bay auctions for play chips from PS and other sites.

[/ QUOTE ]

This is how I tried to sell my chips initially, but e-bay banned all such auctions because they considered it to be promoting gambling. I thought they were nuts, but what can you do?

[Silent A]

[ QUOTE ]
Why do play money chips hold any value at all?

[/ QUOTE ]

I have heard that (at one time and place at least) underage players used to bet each other who could build up the most play money chips.

Another reason i can think of is how difficult it is to build up a decent play money roll on pokerstars because you can't reload ad infinitum as you can at other sites. Even with the poor play it still takes a lot of hands to build a one million chip bankroll from 1000 chips. Some people want to skip this step.

I don't think that it's a coincidence that the only site with play money chips of any value is the only one that limits your reloads.

[rurollin]

Well they mention the formula in the article if you read it like you mentioned.. A guy would push all in with only of 4 hands, AA KK QQ AK.. Those were the only hands he played and played them in this manner.. He says he made an avg. of $28/hr playing this way..

[ QUOTE ]
I read an article in Bluff mag stating that Jesus Ferguson made 20 grand from a buck online in 6 months. Is there any validity to that? What would be the strategy in going about something like this? (Granted, Chris is a professional player and has more time than a regular working Joe.)

[/ QUOTE ]

[Black winter day]

I had 98 cents last August.
I multitable Nl400 now.
Never redeposited.

[Soulman]

Scamming people for absurdly low amounts of cash, wow this is so sad even a fourteen year old pimply geekmeister should be ashamed. Hahahahahahahaha.

[blackjack777]

I turned $900 into .50 cents on Paradise Poker one time.

[excession]

I figure most of us started from very small deposits - mine was £20 into Will Hill 3 years ago - ran well at £5 Limit SnG's and cashed out £120 a week later of which the £100 profit went into Neteller to fund Paradise and Party.

Quite a few sites (iPoker etc) have 10c + 1c SnG's.
Strikes me a pro should be able to play 9 of those things with a relatively small RoR if he is taking them seriously. And he can multi-table em from the off.

And didn't Jesus use a short-stack strategy as well to mean he could move up faster by risking less of it at once? I think he bought in for the 20% min and never risked buying in for more than 10% of total roll at any one table- so he could start playing the $100 tables at a roll of $200 as he bought in for $20 etc..

[MicroBob]

[ QUOTE ]
Well they mention the formula in the article if you read it like you mentioned.. A guy would push all in with only of 4 hands, AA KK QQ AK.. Those were the only hands he played and played them in this manner.. He says he made an avg. of $28/hr playing this way..


[/ QUOTE ]


what are you talking about?
I don't think he ever said this.
I believe he just played his 'normal' winning game to grind his $1 up to $20k.

No mention of $28/hr nor only playing AA-QQ, AK that I remember.

[Davey]

I like these stories. I went from $40 to $600 then a friend played on my account and lost it all. I never redeposited but I did use some old points to enter a freeroll, made $200 from that and have since turned it into about $25k. Im glad I run good at the beginning because Im not sure if I would have kept playing cards (put the $40 on a NL50 table, $1-$1 blinds, then the $200 was built up from the same NL50 tables)