Sunday Update

A week into my challenge, and things are going very well. I am not at my peak bankrolll wise but I am still at over 600 dollars.

I have been playing limit the last few days playing a lot of 1-2 and a little 2-4. Today was my first bad session of the last couple days, and I dropped a couple buyins

I have been doing a lot of studying and reading the last week working on my game nearly as much time doing that as actually playing.

I am seriously thinking of joining a training site such as stoxpoker, cardrunners, poker fox or the like. I really want to improve my game and I think that a training site could be worth the investment.

I think that I will stay with limit until I can get my roll to over 1000. I don’t think I would attempt to move past 2-4 until I am at about 2000. Anyway first things first 50-1 and 1-2 until I can get to 1000.

Sunday Update

A week into my challenge, and things are going very well. I am not at my peak bankrolll wise but I am still at over 600 dollars.

I have been playing limit the last few days playing a lot of 1-2 and a little 2-4. Today was my first bad session of the last couple days, and I dropped a couple buyins

I have been doing a lot of studying and reading the last week working on my game nearly as much time doing that as actually playing.

I am seriously thinking of joining a training site such as stoxpoker, cardrunners, poker fox or the like. I really want to improve my game and I think that a training site could be worth the investment.

I think that I will stay with limit until I can get my roll to over 1000. I don’t think I would attempt to move past 2-4 until I am at about 2000. Anyway first things first 50-1 and 1-2 until I can get to 1000.

A week in

Well I am a week into my Ferguson style bankroll challenge and its been a bumpy road so far. I am still in play, have slightly more than double what I started with but I have had a couple issues, quitting while ahead and with session length. This challenge is about instilling discipline in my game, and although I have doubled my starting roll, I am not being as disciplined as I should be.

I have reverted to playing limit for the last 1000 hands or so as opposed to NL like I started out. I think if you play ABC poker there is money to be made at the limit games online, but man, there can be some terrible suckouts! Any two suited in limit at lower limits? Cap it. Pair under the cards on the board with one street to go? Cap it. On the other hand there are some situations where you have tremendous draws, such as straight draw flush draw, with top pair, etc, that can lead to a couple more bets, and big payoff, or can get costly if you do not hit a few times.

So although the results money wise (doubling my starting roll) are good, its important that the discipline part, and the bankroll management part of my game gets addressed. That is the part of the game that will keep me in play, on the bad streaks and when the cards run dry. It’s tough at the small levels, as you can reload fairly easily if you bust out. However, I don’t want to reload anymore. I want to build a roll that can withstand the ups and downs, and be stable. I really want to play in the FTOPS and the WCOOP in 2008 and in order to do that I need to have the roll to be able to play satellites and stuff to make it happen.

A week in

Well I am a week into my Ferguson style bankroll challenge and its been a bumpy road so far. I am still in play, have slightly more than double what I started with but I have had a couple issues, quitting while ahead and with session length. This challenge is about instilling discipline in my game, and although I have doubled my starting roll, I am not being as disciplined as I should be.

I have reverted to playing limit for the last 1000 hands or so as opposed to NL like I started out. I think if you play ABC poker there is money to be made at the limit games online, but man, there can be some terrible suckouts! Any two suited in limit at lower limits? Cap it. Pair under the cards on the board with one street to go? Cap it. On the other hand there are some situations where you have tremendous draws, such as straight draw flush draw, with top pair, etc, that can lead to a couple more bets, and big payoff, or can get costly if you do not hit a few times.

So although the results money wise (doubling my starting roll) are good, its important that the discipline part, and the bankroll management part of my game gets addressed. That is the part of the game that will keep me in play, on the bad streaks and when the cards run dry. It’s tough at the small levels, as you can reload fairly easily if you bust out. However, I don’t want to reload anymore. I want to build a roll that can withstand the ups and downs, and be stable. I really want to play in the FTOPS and the WCOOP in 2008 and in order to do that I need to have the roll to be able to play satellites and stuff to make it happen.

Couple Days In

Well a couple days into my bankroll challenge and I haven’t blown up, and jumped levels! Actually, does it help that I was sick in bed most of day yesterday and only played three 3.4 turbos and a handful of Omaha hands? Probably….haha.

No in actuality, I am doing ok, and I am going to work to keep tilt out of my game, and follow this way of managing bankroll indefinitely. I have a few goals in mind but they are long term goals. Here they are:

1. I want to build a stable base for my bankroll, a number like 1000 dollars.
2. I want to eventually be able to cash out a few 100 a month without it crippling me
3. I want to get my shark scape into the black (down couple 100 after 130 or so sngs)
4. I want to learn ALL the games offered on Stars, even if it take playing them at the absolute bottom stakes. Becoming an all around player is important to me and I think will really help my Holdem game anyway to be versitale.
5. I want to be able from this roll eventually start a roll on fulltilt, if for nothing else to be able to play the blogger tourneys.
6. I will play in an FTOPS and/or a WCOOP next year in 2008.

So that’s the thing, I am treating this as a fresh start. There is so much I need to learn. There are so many bad things and habits that I need to unlearn and break. Most, I would say 65 percent or more of my cash game online play has been limit holdem, then probably 25 percent or more was PLO, and then a very small left over portion has been NLHE. So I have lots to learn about all forms of poker but expecially NL. As I scour the net for resources and strategy I will post the more interesting links here in my blog.

This weekend I will try and get some hands in, but will keep to the plan. Never buy into a table for more than 5 percent of my roll, keeping to micro limit cash, 1 dollar mtt’s (less than 2 percent of roll) and 3.4 single table sng’s. I normally do farely well on the weekend, so it would be nice to have a good weekend, and start building the roll!

Bought in 150
Current 218.40

Couple Days In

Well a couple days into my bankroll challenge and I haven’t blown up, and jumped levels! Actually, does it help that I was sick in bed most of day yesterday and only played three 3.4 turbos and a handful of Omaha hands? Probably….haha.

No in actuality, I am doing ok, and I am going to work to keep tilt out of my game, and follow this way of managing bankroll indefinitely. I have a few goals in mind but they are long term goals. Here they are:

1. I want to build a stable base for my bankroll, a number like 1000 dollars.
2. I want to eventually be able to cash out a few 100 a month without it crippling me
3. I want to get my shark scape into the black (down couple 100 after 130 or so sngs)
4. I want to learn ALL the games offered on Stars, even if it take playing them at the absolute bottom stakes. Becoming an all around player is important to me and I think will really help my Holdem game anyway to be versitale.
5. I want to be able from this roll eventually start a roll on fulltilt, if for nothing else to be able to play the blogger tourneys.
6. I will play in an FTOPS and/or a WCOOP next year in 2008.

So that’s the thing, I am treating this as a fresh start. There is so much I need to learn. There are so many bad things and habits that I need to unlearn and break. Most, I would say 65 percent or more of my cash game online play has been limit holdem, then probably 25 percent or more was PLO, and then a very small left over portion has been NLHE. So I have lots to learn about all forms of poker but expecially NL. As I scour the net for resources and strategy I will post the more interesting links here in my blog.

This weekend I will try and get some hands in, but will keep to the plan. Never buy into a table for more than 5 percent of my roll, keeping to micro limit cash, 1 dollar mtt’s (less than 2 percent of roll) and 3.4 single table sng’s. I normally do farely well on the weekend, so it would be nice to have a good weekend, and start building the roll!

Bought in 150
Current 218.40

Ferguson Challenge….Juggernaut style

So if you know me, and/or been following along, tilting and bankroll management is by far my biggest leak. So, in order to combat this I have taken on my own little challenge to build my bankroll. Ferguson started at 0 and turned it into 10,000 plus. But this is Chris Ferguson, undoubtedly one of the best poker players in the world. I am a losing online player who wants to become a winning player. So tonight I started.

Here are some links to posts about Chris Ferguson and his online bankroll tips, and/or challenge.

Ferguson hits the mark!

Michael Craig’s take on reaching the Goal

Michael Craig on Ferguson’s bankroll management skills

Ferguson’s Bankroll tips

So tonight I started. I bought in. I am doing some stuff with my non poker bankroll finances, so this is likely the last time I can buy in this year. The plan is I won’t have to. I am applying the following rules, which I took from this article that I linked to up ablove. to my challenge so that I stay in the game, all except one which I will explain in a minute.

To ensure that I keep my bankroll intact, I’ve adopted some key rules:

* I’ll never buy into a cash game or a Sit & Go with more than 5 percent of my total bankroll (there is an exception for the lowest limits: I’m allowed to buy into any game with a buy-in of $2.50 or less).
* I won’t buy into a multi-table tournament for more than 2 percent of my total bankroll and I’m allowed to buy into any multi-table tournament that costs $1.
* If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of my total bankroll, I must leave the game when the blinds reach me.

The ONLY time I will alter from this is to buy in for the biweekly blogger tourney I am hosting on Stars (10 dollars). That is the only exception. I have to instill discipline in my game if I am ever going to get anywhere. Tonight I started. I will post updates on how I am doing, maybe posting exact amounts maybe not. I managed to have a great session tonight, increasing my bankroll by a full third, in 200 hands of low limit cash. I also bought into a 1 dollar MTT, and finished in mid 900′s out of 1800.

Ferguson Challenge….Juggernaut style

So if you know me, and/or been following along, tilting and bankroll management is by far my biggest leak. So, in order to combat this I have taken on my own little challenge to build my bankroll. Ferguson started at 0 and turned it into 10,000 plus. But this is Chris Ferguson, undoubtedly one of the best poker players in the world. I am a losing online player who wants to become a winning player. So tonight I started.

Here are some links to posts about Chris Ferguson and his online bankroll tips, and/or challenge.

Ferguson hits the mark!

Michael Craig’s take on reaching the Goal

Michael Craig on Ferguson’s bankroll management skills

Ferguson’s Bankroll tips

So tonight I started. I bought in. I am doing some stuff with my non poker bankroll finances, so this is likely the last time I can buy in this year. The plan is I won’t have to. I am applying the following rules, which I took from this article that I linked to up ablove. to my challenge so that I stay in the game, all except one which I will explain in a minute.

To ensure that I keep my bankroll intact, I’ve adopted some key rules:

* I’ll never buy into a cash game or a Sit & Go with more than 5 percent of my total bankroll (there is an exception for the lowest limits: I’m allowed to buy into any game with a buy-in of $2.50 or less).
* I won’t buy into a multi-table tournament for more than 2 percent of my total bankroll and I’m allowed to buy into any multi-table tournament that costs $1.
* If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of my total bankroll, I must leave the game when the blinds reach me.

The ONLY time I will alter from this is to buy in for the biweekly blogger tourney I am hosting on Stars (10 dollars). That is the only exception. I have to instill discipline in my game if I am ever going to get anywhere. Tonight I started. I will post updates on how I am doing, maybe posting exact amounts maybe not. I managed to have a great session tonight, increasing my bankroll by a full third, in 200 hands of low limit cash. I also bought into a 1 dollar MTT, and finished in mid 900′s out of 1800.