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Bankroll Management Challenge

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Old 09-18-2006, 02:50 PM
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Originally Posted by kikolo View Post
To comment on just the first post (since I haven't read the 3 pages of other posts yet), I've basically already done this challenge. I started with less than $1 of freeroll winnings about a year and a half ago. Since then, I've grinded it into now over $3000. It was up over $4500 at one point about a month ago, but I went on a terrible losing streak. It's still a decent amount of profit from basically nothing.
And I thought me starting with a $2 freeroll win was good. But $1. Awesome, not to mention the fact that Im only over $2000. But I guess if I didnt have to cash most of that, I would probably be higher by now. That pretty awesome though Kik. Way to go.
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Old 09-18-2006, 04:04 PM
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I dont quite fit into those rules wb. I'll probably carry on post and just join in for the fun of it
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Old 09-19-2006, 12:13 AM
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I dont quite fit into those rules wb. I'll probably carry on post and just join in for the fun of it

What's the problem, 7?
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Old 09-19-2006, 12:40 AM
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I just didnt think I fitted within the rules Wb. After I saw your first post I remembered I had a couple of dollars at P4Ever. I jumped the gun and started on the 11th Sept with $2.90. Post number 14 in this thread.

Anyway no worries. I'll probably do ok.. then in the deep of the night the possessed-reckless-gunfighter side of me will rear it's ugly rear an jump into an MTT with my whole bankroll. Anyway I shall report back and brag about my scars lol
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Old 09-19-2006, 12:53 AM
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Question:

Let's say after a little while I choose to use my money at a different site, but I already have money there. To make things easier, I'll explain my situation:

I have a small amount on PS, so I figure I'll start out there. Let's say by some miracle within a month I bring it up to $100+, and decide to withdraw and deposit on P4E. You see, the problem is that I already have a B/R of $200-300 on P4E...so would it be okay for me to do this, as long as I keep track of what money is for the contest and what's not?

I'm perfectly fine with not playing on P4E for the contest, just raising questions to raise questions
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Old 09-19-2006, 01:03 AM
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I just didnt think I fitted within the rules Wb. After I saw your first post I remembered I had a couple of dollars at P4Ever. I jumped the gun and started on the 11th Sept with $2.90. Post number 14 in this thread.

Anyway no worries. I'll probably do ok.. then in the deep of the night the possessed-reckless-gunfighter side of me will rear it's ugly rear an jump into an MTT with my whole bankroll. Anyway I shall report back and brag about my scars lol
Not a problem 7...you can still share with us!!

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Question:

Let's say after a little while I choose to use my money at a different site, but I already have money there. To make things easier, I'll explain my situation:

I have a small amount on PS, so I figure I'll start out there. Let's say by some miracle within a month I bring it up to $100+, and decide to withdraw and deposit on P4E. You see, the problem is that I already have a B/R of $200-300 on P4E...so would it be okay for me to do this, as long as I keep track of what money is for the contest and what's not?

I'm perfectly fine with not playing on P4E for the contest, just raising questions to raise questions
I've thought about the same thing...but since this is for fun, there's really no reason to fake your results, so...if you're going to move your money to a site you already have money I say go for it -- just track your changes. If you then move the money again, though, you should not move what was originally there. For example:

You work $1 into $100 on Cake and then move it to P4E where you already had $200. After 3 weeks your P4E bankroll is $600 and you decide to move your challenge dollars to Stars. You'd move $600 - $200, or $400 to Stars.
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Old 09-19-2006, 01:03 AM
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Quote:
Originally Posted by k06mars View Post
Question:

Let's say after a little while I choose to use my money at a different site, but I already have money there. To make things easier, I'll explain my situation:

I have a small amount on PS, so I figure I'll start out there. Let's say by some miracle within a month I bring it up to $100+, and decide to withdraw and deposit on P4E. You see, the problem is that I already have a B/R of $200-300 on P4E...so would it be okay for me to do this, as long as I keep track of what money is for the contest and what's not?

I'm perfectly fine with not playing on P4E for the contest, just raising questions to raise questions
I think this is perfectly fine. I don't think you even need to withdraw to make the transition, as long as the "bankroll" amounts stay the same on paper.
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Old 09-19-2006, 01:07 AM
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Yeh I was wondering the same thing Mars. I suppose you can just report it seperately?

I'm concerned because I'm probably going to win the $400 THF Fr at P4Ever next week
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Old 09-19-2006, 01:11 AM
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just read your post...ok cheers Wb

I lost a few dollars the other night and havnt played any of that money since-so I better get busy.


gl all! (as they say at the Sng's)
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Old 09-19-2006, 01:21 AM
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Sounds great, 7. I've got two motivating factors here:
  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.
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