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Bankroll Management Challenge Week 1

published on September 30th, 2006 by wbtczn

After listening to a podcast where Chris Ferguson described how he took $1 and turned it into $20,000 via online play I threw a challenge out to my fellow THFers. Let’s try the same thing. 10 others decided to join in this endeavor, and we’ve finished the first week. I’ve got 2 goals for this challenge:

  1. I thought this would be a fun challenge for people to get into together and to share what works for each of us (and what doesn’t).
  2. I thought it might help me get a bit more focused on handling my bankroll.

I’ve started the challenge on Pokerstars, playing primarily in the $0.01/$0.02 NL ring games. I’ve found that extreme patience coupled with playing premium hands / position is the way to go. I only had one negative session…it was a session where I lost $10 in about 20 minutes in about 3 hands. In one of the hands I had pocket jacks, and had a jack on the flop. Bet it hard to the river and I got rivered (sorry, don’t remember with what). As Doyle Brunson said on High Stakes Poker, “it’s hard to bluff an idiot”. Many of the people playing these micro limits won’t ever be accused of being poker-savvy.

After one week my bankroll stands at: $14.24

Final League Positions for September League

published on September 29th, 2006 by fonzerelli_79

it was a real battle to reach the final. Sadly my 2nd place was just a little too short. Congrats to bryan for taking it down and to viking for coming 3rd :)

* players advancing to final in bold

10pm Top Ten

pokerref……….156.3168
bsquad2001….123.8802
river d rat……..112.2922
sonnychiba06…93.8557
bryan24………..91.5515 1st in last league game
az viking………..88.3561 3rd in last league game

fonzerelli79……87.9455 2nd in last league game
the zombills…..66.4768
boiler…………….62.4286
dud54…………..62.2004

4pm Leaders

xtra money2……52.247
kaartkeizer………48.8673
7-2aintbad………47.5886

sonnychiba06…..45.6895
cowboy40x………42.4264
bsquad2001…….40.9543
scottishben……..14.1422
k06mars………….10
jonah……………..10

Introductions

published on September 28th, 2006 by Blackinks

Alt Hed: Who the hell am I????

Time for the life story… sit back and grab a beer. My name is Kevin, and I’m 31. I’m from Dallas TX, and spent most of life here, minus my time in the military. My poker story begins about 4 or 5 years ago. I downloaded PokerStars after seeing a commercial and started like most, on the play money tables. About the same time, my good buddy Greg that I worked with did the same. Soon there after, Greg started playing in live games, at first at the casinos, soon after in the underground scene in Dallas. I was still playing for fun, and we started hosting home games. Little $10 single table SNG’s followed by $20 buy in cash games. I managed to win a few bucks here and there, but it was mostly just a learning experience. After a few games, it was time to hit the casinos for real.

My first expedition was a $4/$8 Limit game at the Horshoe in Shreveport, LA. Greg and I got there at about 9 or 10 AM, and we went to the cashiers desk with $200 each. We’re at the top of the list, and within 15 minutes, we have a full brand new table. I start out playing extra tight, not wanting to make myself look like an idiot, but I keep getting great hands. People are calling constantly, and before I know it, I’m sitting on about $650 in a damn $4/$8 game. Fast forward about 6 hours… I’m still at the table, but now I’m down to about $200. What the hell just happened??? I got sucked into the limping game and it kicked my ass. I decide it’s time to get back to basics. I need to just sit back, relax, and think… get back to my game. I swear I folded an hour’s worth of hands. Had to get my head right. After a while, I just told myself, I’d know when it was right. I look down at Q-10s on the button… it’s time to play. 5 to the flop, and I flop the open ended str8 flush. I go back in balls to the wall and pull down about a $45 pot. Next hand is a $60 pot with two pair. I’m back and running. Played an hour or so more, and finished with about $285 total, for a net profit of $85. It wasn’t much, but I learned an important lesson about my limits. It was a marathon 16 hour session. I haven’t tried that again since.

Since then, I’ve had many limit sessions, and moved to the $10/$20 limit game at Winstar in Oklahoma. I’ve also started playing $1/$2NL and $2/$5NL here in Dallas, but my best cash game is still the $10/$20 limit. I know whenever I need to grind one out, it’s there for me. I’ve been known to play some of the tournaments around here in Dallas, but mostly I’m a cash game player.

Well, the intro is out of the way… now you know a little about me. It’s time to get back to the table.

black

Midweek League Standings 27th September 2006

published on September 27th, 2006 by fonzerelli_79

once again, thanks to bryan for the league results :)

10pm Top Ten

pokerref……….144.9777
bsquad2001….123.8802
river d rat………97.2922
sonnychiba06…80.4389
az viking………..71.0351
fonzerelli79……66.7321
boiler…………….62.4286
dud54…………..62.2004
bryan24………..61.5515
albonycee……..59.9979

4pm Leaders

kaartkeizer…….48.8673
xtra money2…….42.247
bsquad2001…….40.9543
7-2aintbad………36.0413
cowboy40x………28.2842
sonnychiba06…..25.6895
scottishben……..14.1422
k06mars………….10
jonah……………..10

League Table 25th September - 2 games left

published on September 26th, 2006 by fonzerelli_79

many thanks to bryan for posting the league information :)

10pm Top Ten

pokerref……….122.6174
bsquad2001….113.3396
river d rat………79.0347
sonnychiba06…66.2967
boiler…………….62.4286
bryan24…………61.5515
az viking………..61.0351
fonzerelli79……54.7799
dud54…………..49.2903
albonycee……..48.8178
.

4pm Leaders

bsquad2001……40.9543
xtra money2…….32.247
kaartkeizer………28.8673
cowboy40x………28.2842
7-2aintbad………24.494
scottishben……..14.1422
sonnychiba06…..11.5473
k06mars………….10
jonah……………..10

the last two games are on 26th and 28th September.

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