Take #5641268452136561321546513564793134610631
Quiet on the set.
And....
Action!
Let's try this again.
The Catapult Theory says if you have the skills to play the game, you can build your bankroll from a small amount to a large amount very quickly by way of leveraging your initial buyin. Archimedes postulated the principle of leverage in ancient Greece. The principle says that one can use a small amount of force to raise a great weight. "Give me a lever long enough and a place to stand, and I can lift the world," Archimedes said. This is how the Catapult Theory is supposed to work.
You take $100, double your stake twice. Keep $200 in reserve and buy in at the $200NL tables. Double it twice, again, keeping now $400 in reserve--which will now be $600 in your bankroll. If you can double it twice, again, you now have $2200 in your bankroll--$1600 from $400NL, $400 from $200NL, and $200 from the $100NL tables.
If you are skilled enough to play at the $1000NL table--enough to double up twice again--then you would now have $6200.
Now, if you were skilled enough,and to be honest, lucky enough, you could play the $5000NL table. Should you again be able to double up twice, you'd now have $26,200 in your bankroll, from a $100 investment. Taken one step more, if you took $20,000 and doubled it up twice again, you'd have $106,200. On a $100 investment. Talk about leverage! Maybe this isn't what ol' Archimedes had in mind, but I think he'd be pretty proud. And we did it without standing, but finding a place to sit, and the courage and skill to do it.
If you aren't skilled enough or lucky enough, you risk only $100--the initial investment to get to $400. Once you have passed that threshold, you have the original $100 plus another $100 in reserve.
Ok, let's say you stumble on the $1000NL tables. If you lose that stake, you'd still be up $1200 and could drop back down to the $400NL tables, where you were successful. Double up twice, again, and you're back to the $1000NL tables, with an even greater bankroll than when you were forced to drop back down.
The risk is the initial $100 and playing for all of it. That's it. Even putting $5000 on the table, isn't risking it all, not even that paltry $100. Who wouldn't put up a lousy hundred bucks to sit at a $20,000NL table? If one accomplished this titanic feat, think about how much they'd get out of it, beyond the money.
For risking a hundred bucks.
Think of this, gentlemen. Is this not exactly the same way we build our bankrolls in the first place? The only difference, really, is time. Risk of ruin? $100 isn't going to ruin me.
Because of my error, you guys are playing a different game, and that's pretty funny. You're enjoying the game you're playing and I encourage you to keep doing it, as you are having fun and have found a challenge. I wish all my mistakes had a positive result. I apologize for the initial mistake. (I must think that if I hadn't, the whole idea would have been dismissed as folly, however, so maybe it's not that much of a mistake after all.)
I've been playing online now for a solid year, on Royal Vegas' and Pacific's $10 each. I think I can afford to take a few shots at this. Heck, it would take me a long time to blow that original $20. A very long time, indeed.
That's the challenge. Even failing would be rewarding, I think. I think I'd hate going broke on a $20,000 table, but not so much if I remember I'm only out that first $100, and even that was somebody else's money!
Not a bad way to start the New Year.
CJ
"Are the players better as the stakes go up? It's not an exam; it's a buyin." Barry Tanenbaum