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Ok so i recently played some $3.30 and $5.50 SNG's had a major run bad, and bankroll went busto.
I did manage to make the SNG April Leaderboard for $5 and have since been playing the $0.11 Rookie SNG's.
These are super soft, and the players are awful.
I have currently played 278 games for a total buy in of $38.80
I have a ROI of +26.88 and I am currently in profit by $8.22 for a total balance of $13.22
My goal is to make $100 by playing just these games.
I am guessing it will take me 2500 games.
The road is long, but its good pratice for the $3.30's when I have the $100 :-)
I did manage to make the SNG April Leaderboard for $5 and have since been playing the $0.11 Rookie SNG's.
These are super soft, and the players are awful.
I have currently played 278 games for a total buy in of $38.80
I have a ROI of +26.88 and I am currently in profit by $8.22 for a total balance of $13.22
My goal is to make $100 by playing just these games.
I am guessing it will take me 2500 games.
The road is long, but its good pratice for the $3.30's when I have the $100 :-)
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What is the average game time?
How long will it take you to play 2500 games?  |
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Average game time is around 40 minutes I guess. Longest has been 55 minutes, I play about 10 tables at once.
so about 160 hours play time, which is about a month, based on an average of 5 hours a day. |
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Here's some sound advice - skip the 2500 games, go and get a job, any job, and forget all about poker until you have sufficent bankroll to play $10 games i.e. $800.
Surely you can find a job paying $800 a month ? |
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Bit harsh there Chip! He might already have a job and just playing these games in his leisure time. Regardless, he has set himself a target and albeit its a lot of time consumed for very little reward, I'd rather hear someone posting about trying to achieve a goal than someone crying that his AK got beat by 64os
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Bankroll management issue.
Gone bust playing $3.30 an $5.50 SNG's. Looks like too many tables playing SNGs. Even at $0.11 too much at a time 10 tabling. Risk of going broke again As for getting from busto or close to $100 even Jesus Ferguson had that issue (getting to something to work within roll). Probably got bigger problems now. My 0-10000 challenge on FTP ended when bust. Had less than $5 in there. Glad they did not have my bank details! Big jump from $0.11 to $3.30 here - ignore the bad rake $1.20. But even then $240 roll for $3.30 and suggest you single table until $400 before 5s. To prove profitable an less risk of going busto. If go down then as long as happy on rookie do so and accept it - others seem to have done so. I started at the $2.75 STTs on Old Betfair and only moved to $5.50s when roll could afford it. No rush to get to the $11s for you. Plenty of sharks there an on $22s. Try some freeroll tournies and if you do redeposit some MTTs too. I'll only suggest as that could be one way of rapidly increasing bankroll. My break came when winning the first freeroll on now defunct Inside Poker Magazine. I had less than $1000 in all my poker accounts so the $250 was nice. Prize also to get tuition from Annette15 and play a £1000 winner takes all STT. (6 months later) All on Betfair and final playe in their offices. Even though I was by far playing at lower stakes than any one else. Won my chipset for busting Annette. Took down the tourney (agreed a chop first) because we wanted to eat. So my Betfair roll then had a massive increase. Big bonus was invite to Annette's birthday party next evening. She did not have to do that. Met loads of players, loads of drinks, met John T, etc, and bought the birthday girl herself a box of chocolates. Keep going but try not to have more than 5% of your roll at risk at anytime. May even suggest 2.5%. But as Chip indicates better still with about 80 buy-ins (1 buy-in at risk at a time) for a while to avoid drastically changing levels. Do whatever you are happy with and good luck. And when you have a nice roll suggest you take some out and treat yourself to something non poker related.  |
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It may be a bit harsh JC but it's excellent advice.
Yeah the guy may already have a job, but he is talking about multitabling 3 pence stt's five hours a day for a month ! Why would any sane human being do that ? If you are going to do something, you may as well do it properly and give yourself a chance. Go out and graft for the bankrollso that it actually means something to you, and you have a sense of its true value to you, then grind your way up through the levels. 100$ is less than 20 buy ins at $5 stakes, so he's probably gonna go busto again even if he does do the dumb 11 cents thing, and he will have pished away a month of his life. I'm eternally grateful for the BRM advice I was given before I even played a hand of poker.Only ever had to deposit the once. |
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"... but try not to have more than 5% of your roll at risk at anytime."
Absolutely essential advice. It would have saved me few quid in the middle of last year. I multi-tabling 16 STTs as normal, only to suffer a powercut and lose 25% of my roll. |
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Wow, lots of activity while I was away at my job (ahem)
Chip, I actually have a job that pays £3,000 a month (~$4500) This challenge is not about money, its results orientated. I play on some of the bigger networks and have profits in the 6 figure mark, and have played the WSOP for the last 3 years. I am a SNG player through and through, I rarely play cash, and only really play live tournies for the experience. Too many players are always focused on the $$$ and not the game itself, and I kind of feel sorry for people like that. I dont need this game to make me rich, or get one up over someone else. It takes great dedication to play a large volume of games in short space of time, something I doubt many can manage. Bankroll management DOES NOT APPLY to me, I rarely have to deposit on sites, as I can usually grind out a few wins from freerolls, and then slowly climb up the stakes in SNG's. I doubt your achieving an ROI over 10% on what ever games your playing. Now if you dont mind, jog on. Your input is not wanted or required. You need to take a leaf out of JC's book and encourage someones goal, rather than rain on their parade. Theres a name for people like that. TROLL |
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Have you a screen name to rail?
I've also done the zero to hero on a few sites. I agree with bankroll management and don't think you should be 10 tabling unless you're 5LEEPWALKER under a new username. I went broke on Stars and Full Tilt by depositing £20 and playing $5 games that I was beating here, only when I sensible bankrolled was I able to grind up a balance that I didn't have to worry about 8 tabling. How do you keep 10 tables open and play at the same time? Have you a script running or do you just keep registering manually? Do you use a HUD? It isn't much use in these although it gives you a had start in the game as I'm sure you encounter the same players over and over again. Too many players are always focused on the $$$ and not the game itself I'm confused by this statement as you sort of become a bot when you play more than 8 tables. If you've the skillset and money behind you then you should really be doing a $100 to $1,000 or $1,000 to $10,000 imo. Good luck in your challenge BTW, 20% is a killer for the little guys so get to $5 games ASAP imo, I'd bypass the $3.30 games as these are the worst value games on the site. |
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No screename to give out yet, but maybe later ;-) anyone who cares to bother will probably figure it out soon anyway.
I can do 6 tables without breaking a sweat, 10 is ok, but I dont get as many reads as I should be. I can fit 6 tables in full, and see everything, i then overlap 4 with early stage games, when it gets down to 3 players I am usually paying full attention, I then try and use nash tables against the better players, and standard shove/fold strategy from the moshman book. I do use a HUD, and it makes a huge difference, I mainly look at vpip/prf/agg to gauge the players midset, rather than their tendancies, as multi tabling leaves little time for second guessing. for the most part I am playing ABC poker, mixed with some of the moshman strategies. As of right now, I am 316 games in, ROI +21.69 and have seen a total of 2,783 players. the most frequent player has played 20 sessions with me. There is nothing wrong with becoming bot like, you need to distance yourself from the value of the money to a certain extent, when you've bubbled 8 games in a row it can effect you because you have lost $xxx.xx and then go on to tilt. Most people are playing above their roll and become p*ssed off when things go wrong, at 11c a game it means zero, and to some extent so would $5. I'd say I have never been 100% confident in my ability, but thats never really bothered me. 3 years at wsop and no cash could be rough if i was banking on the money to survive. Plus to play the $100 to any sort of decent level would require a huge bankroll that I would rather spend on a trip the Vegas. This challenge is part of the process to improve my confidence and was given to me by someone trying to help me improve my game. My big wins on the ipoker network for example are over a very small sample size, and I was told MTT's are far to swingy to ever really know if your good or just lucky |
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and I was told MTT's are far to swingy to ever really know if your good or just lucky
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You gotta love these jokers :
Ok so i recently played some $3.30 and $5.50 SNG's had a major run bad, and bankroll went busto I play on some of the bigger networks and have profits in the 6 figure mark Bankroll management DOES NOT APPLY to me And he calls me a troll.  |
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your good or just lucky
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Chipfire
I think you need to understand my reason for playing. Its not to get rich and make loads of $$$ Its a hobby mostly. |
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I was told MTT's are far to swingy to ever really know if your good or just lucky
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Ok for some reason it wont let me post the bottom of that reply. I dont care what chipfire the troll thinks. first member of the blocked list ;-)
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You already made 100k profits playing poker so you clearly dont need my advice.
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Hey Nick is this a dig at me or gnasher ?
 No rush to get to the $11s for you. Plenty of sharks there an on $22s. |
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Ok the bottom of that post was.......
I was told MTT's are far to swingy to ever really know if your good or just lucky (Neil Channing no less anyone played more MTT's than him?) The 11c games are 10% rake, which is kind of why I choose them over $1 or anything else. I never really understood the 20% at the $1 level. Luckily the $3 games are only 10%, and part of the moshman strategy was to play games with a better rake, even if it means playing them under rolled. I am not sure its correct, but I'm willing to give it a go. After all, Ive only got a free $5 to lose. I guess the ultimate goal is the $10 games, which i think are high enough to make a decent living from. If I could achieve a win rate of 11% ROI (realistic?) Id be making ~$20 a hour? Luckily work is felxible enough, and involves enough home time to get a good volume in. For the record I am a free-lance temporary works designer for the civl engineering indsutry, it involves mostly maths, so I have a good numbers head to play poker. I dont care what chipfire has to say. he clearly has nothing better to do. Poor him :-( But anyway, for the mojority of the supporters, had a bit of a bad night last night, had 6 straight losses, but started again today and 7 games, cashed 6 for buy-ins. So a much better day. current status 323 games played, $8.97 won, +25.25 ROI |
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*cashed 6 for 20 buy-ins*
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surely 2500 games isn't enough games to clear 100dollar profit.
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Sorry was thinking of PKR which I think is 20% rake at $3 level.
I agree 20% rake is just pure greed at micro stakes. It gives many players a negative ROI where they may be profitable elsewhere. This in turn stop them moving up and feeding players at a higher level. The site will lose out eventually as players will get fed up going round in circles and give up or move somewhere else. Higher stakes games will happen less frequently and again these players will move to where they can get a game. imo the lowest rake and highest VIP rewards should go to the little guys. They are the players that drive this industry. On another thread I posted that the Pokercast Podcast said that 95% (might even have been 98%) of all balances on Full Tilt were under $100. |
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Dont bring common sense into the argument gnasher. We got a bloke here who has already made 100k playing poker, willing to work 160 hours to make 60 quid. There's 7 year old kids in third world countries making trainers for Nike on a better hourly rate.
By my reckoning he should have worked his way up and be donating his bankroll to us around 2024. If we is living that long. |
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Now if you dont mind, jog on.
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I was told MTT's are far to swingy to ever really know if your good or just lucky
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"imo the lowest rake and highest VIP rewards should go to the little guys. They are the players that drive this industry. On another thread I posted that the Pokercast Podcast said that 95% (might even have been 98%) of all balances on Full Tilt were under $100. "
I totally agree, but it seems to be standard for 20% rake at most SNG's below $5 on a lot of sites. I honestly dont think long term profit is possible for even the best players at $1.20 a game. "I was told MTT's are far to swingy to ever really know if your good or just lucky" This quote was Mr MTT himself Neil Channing, I think he was referring to live MTT's as opposed to on-line, but it rings true at the extremes, when your talking about WSOP type fields, do you think we would ever see a repeat world champion post moneymaker boom? I doubt it. "surely 2500 games isn't enough games to clear 100dollar profit." Im beginning to think this, but its not going to stop me. i might even go for $200 ;-) |
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Regarding rake, I think all rake should be fixed at 10%, then your rackback determined on how much action you give, so the busiest players get the biggest discount. I'm not referring to $$$ in action, but more about how long your logged in and playing. If you play one $100 SNG a day then log out, your worth less than someone playing $1.20's all day, at least in my opinion.
I would also like to see someone buck the trend, and maybe cap rake all together, so maybe once you have paid $50 in a day you dont pay anymore. $50 is good fee for the room, it means your sessions will be longer, making games more liquid and increase your ROI. I just dont have any idea what sort rake the average player generates in a day.... |
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"imo the lowest rake and highest VIP rewards should go to the little guys. They are the players that drive this industry. On another thread I posted that the Pokercast Podcast said that 95% (might even have been 98%) of all balances on Full Tilt were under $100"
this time last year I played the WPT seminole hardrock showdown in Miami On my table were Will the thrill Failla, Allen Chainsaw Kessler and a few other well known circuit pros. On the table next to us was Will's close friend (I forget his name) who had won a big game on FTP the week previous for around $800,000 Will had told him to withdraw the lot, the day after winning. When Will arrived at the table, he asked if the guy had got his money, he shook his head and will went mental at him. Turned out he left the money on there, played another high roller and binked it also, meaning he was stuck for about a Mill I think. Will never stopped shaking his head. |
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Mr MTT himself.
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"Big bonus was invite to Annette's birthday party next evening"
I saw her also in Miami, but never spoke to her. She kept herself to herself. She wasnt sure if she should of worn the FTP patch or not. LOL She always seems quite nice in interviews. |
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Heres a pic I took of Annette, she was very early ;-)
http://i1261.photobucket.com/albums/ii591/pokermogul/IMG_0085.jpg Heres my ticket I send to my backers to prove my entry. http://i1261.photobucket.com/albums/ii591/pokermogul/IMG_0081edit.jpg |
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PT graph
http://i1261.photobucket.com/albums/ii591/pokermogul/PrizesWonoverTournamentsPlayed.png |
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You couldn't make this **** up.
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"You couldn't make this **** up"
you saying its a lie? because I am willing to wager any amount of money on a public forum to prove you wrong. balls in your court. |
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What the bit about you winning over 100 grand playing poker, or the bit about you going bust playing $3 sit and go's ?
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In fact, you know what.
I'll take the inititive, I will wager you $1000 (or £1000) that everything I have said is true, and I will do that by; 1) posting the buy-in ticket with my name on it (not removed) 2) give you the link to my WPT profile page, showing the games I have played in 3) a photo of me being interviewed by Matt Savage (the best tourney director in the world and founder of the TDA) 4) a photo of me in the commentry booth with Mike Sexton 5) a photo of me holding $20,000 after winning a side event in Miami 6) a photo of me at the WSOP 2011 final, supporting my friend Sam Holden 7) my hendon mod page showing my live cashes 8) my betfair username so my ROI can verfied. 9) permission for the betfair rep to confirm my identity. 10) my 2+2 account, showing I have backed people in $10,000 buy in events. Now, take the bet, or f*ck off |
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TBF Mogul, we need stats.
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What stats do you 'need' ?
He wont take the bet, or he will look pretty stupid |
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Sharkscope username would help.
I'm backing you BTW but your boasts seem far fetched for your current level. |