Bankroll building

JKetzer · #1 02-22-2005, 01:29 AM

Take a kid who's very good at math but has only a month of experience at the Poker Stars nickel/dime. At the beginning of January, give him a $500 roll, Poker Tracker, and a few decent books (SSH, ITH, ToP). Send him on a brief bonus chase and start him off on the Party $1/$2 10-max with about a thousand bucks at the end of January.

No redeposits. No cashouts. The roll is to sustain itself. Move up at 300 BB, move back down if it drops below that.

The goal: $12,000 by December 31, allowing for regular $10/$20 and $15/$30 with a small cushion. If this goal can be attained, then this is to be a source of income through college -- not an independent one, though.

Feasible, or pipe dream?

emonrad87 · #2 02-22-2005, 02:05 AM

That's frickin easy.

steaknshake925 · #3 02-22-2005, 02:53 AM

definitely doable

Kaz The Original · #4 02-22-2005, 03:13 AM

It is possible. To those who say it is easy, I say poker is a hard game, there is nothing "easy" about it. But it can be done.

Lawrence Ng · #5 02-22-2005, 08:12 AM

[ QUOTE ]
It is possible. To those who say it is easy, I say poker is a hard game, there is nothing "easy" about it. But it can be done.

[/ QUOTE ]

Kaz, if this kid started in the $25 NL game, he'd build it up to $12k by August.

Lawrence

Chickenfly69 · #6 02-22-2005, 08:40 AM

I agree, I recommend NL 25 tables, with those your bankroll could double within a week if playing 4 tables, watch out though - a lot of volatility at partypoker. I am around 9 grand now and have been playing solely party NL25 for the past 6 months, so 12 grand is definately doable. Good Luck at the tables.
~Chickenfly69

JKetzer · #7 02-23-2005, 07:09 AM

I haven't really put much thought into NL - I've tried a few SnG's and MTT's just for fun, but that's about it. I played some $25 Party NL today though just to see what it's like, and I did okay.

So it sounds like you would suggest that there's more (easier?) money to be made at the $25 NL than at the full-ring limit games? Right now I'm just playing 1/2 10-max at Party (and, over 8000 hands so far, getting beat up) until I've got ~$1.2k for 2/4. Seems like the NL game would introduce a lot more variance.

steaknshake925 · #8 02-23-2005, 02:32 PM

If your goal is to eventually play and beat 15-30, then of course you'll want to play limit so you can work on ur limit game. If your goal is to make 10k, then it's better to play NL because at the lower stakes the money is a LOT easier and better at NL than limit, and there is actually far less variance in NL. Either way, bonus whoring will be a huge part of your plan.

Shoe · #9 02-22-2005, 04:54 AM

It's possible, but definitely not achievable by everyone. I think you will find that your plan sounds much easier than it will actually turn out to be, for the vast majority of people.

jdl22 · #10 02-22-2005, 05:00 AM

One oft overlooked factor is cashing out. If you don't cash out at all it's not easy but not hard. Cashing out some money and having to rebuild will be a problem because it slows your growth since you can't move up as quickly.