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The $50 Experiment - Live Poker Forums

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The $50 Experiment

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The $50 Experiment

Postby damajha » Sun Dec 11, 2005 10:01 pm

Hello all,

I have been an avid browser of BTP for sometime time now and have finally decided to actively participate.

Actually I am hoping that by posting in a journal publicly, I might be able to find the discipline to stick with a winning strategy long term.

I am a very competent SNG'R, but for some reason I absolutely suck at ring games. However, despite the fact my stats tell me this, I can not seem to avoid losing all my hard earned money from the SNGs on stupid ring games.

That has now changed. After losing my roll once again playing in a ring game that I was not properly BR'd for I have decided to stick with what I am best at.

So with that in mind I have come up with a new and soon to be very profitable strategy!!

I have deposited a measly $50 at Poker Stars (I think the higher starting chips and slower blind levels suit my game). With this small investment my favorite hobby should easily fund itself as I move up levels.

My extreamely strict guidelines:

1) DO NOT PLAY RING GAMES
2) Do not move up in levels untill I have 20 Buy-ins at the next level.
3) If I fall below 20 buy-ins of the lower level - drop down.
4) Average at least 50 SNGs per week.
5) Maintain a ROI of at least 50% (lofty goal??? Gotta shoot for somehting)

Anyway, sorry for rambling. This Journal is basically to help myself develop some much needed discipline. If someone feels like dropping me a line feel free. I will try and update with my successes every 10 or so SNGs.

And away we go!!!
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Postby Kuso » Sun Dec 11, 2005 10:05 pm

Welcome to BTP and good luck with your challenge!

A few questions:

What kinds and levels of ring games were you playing?

What level of SnGs did you usually play?

What level of SnG do you intend to start on?
wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
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Postby redhouse » Sun Dec 11, 2005 10:09 pm

Welcome to BTP.

Word of warning about responding to Kiso - he'll turn this into his journal even without encouragement.
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Postby damajha » Sun Dec 11, 2005 10:19 pm

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Postby Kuso » Sun Dec 11, 2005 10:43 pm

wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
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Postby damajha » Sun Dec 11, 2005 10:54 pm

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Postby EscapePlan9 » Mon Dec 12, 2005 1:12 am

50% ROI is completely unsustainable in the long run. Aim for 25-30% on the lower-stakes SNGs.

100+% ROI is incredible - but this is extremely short-term results. Try not to be too disappointed when you're OTM 5-times in a row, it'll happen.

Best of luck to ya, and stay away from those ring games!
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Postby damajha » Wed Dec 14, 2005 5:19 pm

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Postby damajha » Wed Dec 14, 2005 7:15 pm

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Postby damajha » Wed Dec 14, 2005 8:36 pm

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Postby damajha » Thu Dec 15, 2005 1:36 am

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Postby damajha » Thu Dec 15, 2005 2:38 am

Turned out to be a good day!!

Just finished another 4-table

2nd and 3 4th... shit :(

Still a good day considering what I woke up to

DA
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Postby excession » Thu Dec 15, 2005 7:05 pm

My ROI is 51.2% in the Stars $15 Turbos over the past 4 months..this had however been helped by winning every time I managed to get heads up in my last 10 matches.

Just as well given the struggles I am having in mastering $100 6max. :D
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