I decided to try a little fun experiment. Starting with a $10 bankroll I’m playing ring game NL hold’em on PokerStars, starting out at $0.01-$0.02 and not moving up in limits until I have 500 big blinds at the next limit.
The goal is to run it up to like $100,000 in about three years or so. If I go broke I’m just going to quit, but I’m trying to avoid brokedom by being careful with my buy in amounts. Whatever my bankroll is, I will always buy in for 1/5th of my total bankroll. So, in the $0.01-$0.02 game I’ll start with $2.00. If I were to happen to lose the $2.00 my next session would be 1/5th of the $8.00 bankroll I have left (1.60). I’ll continue to do that as long as the game allows, meaning if I dip below the minimum buy in I’ll be forced to gamble. I won’t go down in limits.
AH,je comprends tout.Il y a quelque temps,je vais sur poker stars,je fais une recherche sur team poker star pro et je vois 1 connecté negréanu kid poker.Je me connecte et il jouait en full ring nl 0.01,0.02.Je me suis dit poker stars lui a demandé de jouer en petites limites pour faire plaisir a ses fans.Et bien non,c’est un défi.Le plus marrant c’est qu’il y avait 106 joueurs en attente sur la table.
OK, so I’m starting with $10 and playing ring game NL hold’em online at PokerStars. A few rules:
I won’t move up in limits unless I have 500 big blinds for that limit. I’m starting at $0.01-$0.02 with a $10 bankroll.
When possible, my buy in amount will allow me 5 buy ins at that limit. For example, if I have $5 left, my buy in for the game will be $1. I’ll continue to do that until I dip below the min buy in.
I will play only NL cash games. I’ll try to play full ring games as much as possible.
NEW: If I double my bankroll in a session I’ll quit on my blind to help avoid risking too high a percentage of my bankroll in any one hand.
NEW: At about the $5-$10 limit I may decide to increase the number of big blinds required to move up in limits. 500 BB’s is plenty for the micro games, but could be rather short for the higher limit games with better opponents. I’ll base my decision on when to do that at my discretion.
NEW: I may also lower the buy in amount for the higher limit games from 1/5th of my bankroll per session to 1/10th of my bankroll per session. Again, I’ll make that decision when the time comes.
NEW: When the amount needed to reach the goal is less than the 1/5th of the bankroll buy in, the buy in will be equal to the amount needed to reach the goal. Example: If 1/5th of the bankroll is $4.50 but you only need $2.50 to reach the goal, the buy in for the next session will be $2.50.
The goal is to get to a $100,000 bankroll which would allow me to play $100-$200 NL. I’ll still play other things from time to time using a separate bankroll. For example, the $200-$400 HORSE game, etc. I’ll track my results in this thread, keeping track if the limit, hands played, and result. I’ll also be doing videos of it at PokerVT.com.
Money Won Per Hand: +0.06
Bets Per Hand: 0.06
Buy in for next session: NEXT LEVEL
Limit Hands Played Result Bankroll
$0.10-$0.25
59 -$25.00
35 +$18.90
185 -$24.00
64 +17.85
343 -$12.25 $114.33
Money Won Per Hand: -0.06
Bets Per Hand: -0.26
Buy in for next session: 22.75
Total Hands Played: 3344
Money Won: $104.33
Money Won Per Hand: $0.039
When my bankroll gets to $50 I will jump to the $0.05-$0.10 game. Why am I doing it? Should be kind of fun and it will help me have a better understanding for these lower limit games and the best approach to beating them.