New Goals
 

Alright, I took the time today to come up with a game plan for my success with limit hold em. I based it on the belief that I can achieve 2BB per hour. If I multitable, I don't see this to be a problem at all. However, if it does become an issue I can adjust. At this point it doesn't matter to me how I achieve that 2BB an hour. Whether it takes one table or eight is fine with me. Just as long as the job is completed I'm happy.

My ultimate goal is to turn my $45 into $10000. And at 2BB an hour, not counting any rakeback, I figure it will take me at least 1175 hours to achieve. If I play poker 23 hours a week I should be able to achieve that in a years time.

23 hours a week is nearly a part time job. But heck, if I added it up I pretty much spend that much time playing poker anyways. I have not computed rakeback in any of htis for if I did I knew I would be blown away by how soon this could happen. I want to keep this as realistic as possible.

I will be having benchmark goals along the way. Basically for each level I move up I am going to treat myself out to my favorite restaurant, Red Lobster. My fiancee can come along too of course, but she's not a big fan of seafood. Now if I don't hit my goal in time, I will still treat myself, however it will be to the restaurant of my fiancee's choice.

There will be 9 benchmark goals in all. One for each level I obtain. The ultimate goal is to play at 10/20 limit.

Here are the levels and time frames which I will strive to accomplish them in:

$.10/$.20 - $60 - 75 hours
$.25/$.50 - $150 - 300 hours
$.50/$1 - $300 - 450 hours
$1/$2 - $600 - 600 hours
$2/$4 - $1200 - 750 hours
$3/$6 - $1800 - 825 hours
$5/$10 - $3000 - 975 hours
$10/$20 - $6000 - 1125 hours

$10,000 - 1175 hours

Re: New Goals
 

[ QUOTE ]
$10/$20 - $6000 - 1125 hours

[/ QUOTE ]

= $5.33/hr.

I am sad now.

Re: New Goals
 

M-U-L-T-I-T-A-B-L-E

Re: New Goals
 

[ QUOTE ]
[ QUOTE ]
$10/$20 - $6000 - 1125 hours

[/ QUOTE ]

= $5.33/hr.

I am sad now.

[/ QUOTE ]

Maybe you're reading this wrong, or I worded this confusing.

It would take me 150 hours to get to $10/$20 from $5/$10. That whole time I plan to at least be hitting 2BB/hr multitabling. That would be $20/hr.

Re: New Goals
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
$10/$20 - $6000 - 1125 hours

[/ QUOTE ]

= $5.33/hr.

I am sad now.

[/ QUOTE ]

Maybe you're reading this wrong, or I worded this confusing.

It would take me 150 hours to get to $10/$20 from $5/$10. That whole time I plan to at least be hitting 2BB/hr multitabling. That would be $20/hr.

[/ QUOTE ]
over the whole year... total $ / total hours = your average hourly rate for the year.

scrounge up $500 and try to start at 1/2 - your progress will be much faster.

Re: New Goals
 

[ QUOTE ]
scrounge up $500 and try to start at 1/2 - your progress will be much faster.

[/ QUOTE ]

That would be defeating the purpose of what I'm trying to do. If I wanted a larger bankroll I would just give myself a larger bankroll. I want to be able to have the achievement of turning such a small amount of money into a sizeable amount.

Re: New Goals
 

how about focusing on playing good solid poker, not the results

a goal like this will likely not succeed

Re: New Goals
 

[ QUOTE ]
how about focusing on playing good solid poker, not the results

a goal like this will likely not succeed

[/ QUOTE ]

agreed. setting time and $ goals for each limit sounds stupid to me. set money goals OR time goals. there is a lot you aren't in control of.

Re: New Goals
 

I like the fact that you are going to challenge yourself with this, however you are lileky to hit some downsswings and some difficult games along the way.

I thing this will be a hard goal to obtain since the game overall is going to change a hole lot from limit to limit.

And what do you do if you manage to do well in the first couple of limits and all of a sudden you find yourself playing 2/4 or 3/6. This should be godd but when you hit a cold streak here I think you are going to start to worry about your money since you won't be used to losing these in such a rapidly pace. I thing that mentally this can be very hard.

I still wan't to wish you the best of luck on achieving this goal. And plz do tell us how your progress is going, I wan't to do something similar starting 1. Dec. when I get home from serving the army.

Re: New Goals
 

[ QUOTE ]
My fiancee can come along too of course, but she's not a big fan of seafood.

[/ QUOTE ]

Time for a new fiancee! [img]/images/graemlins/grin.gif[/img]