Spidey1978 Bankroll Challenge - "With great poker, comes great winnings..."

Hey Spidey1978,

Welcome to the 'Get Rich or Die Tryin' bankroll challenge. we will be looking forward to your first update which you should post by Monday of each week in Get Rich or Die Tryin' - The Bankroll Challenge - Reporting thread.

GL at the tables

Laz

Week 1 (3days actually)
877 Hands of NL2 Zoom
Profit: $4.71
Current Bankroll: $99.51

So, first (part) week over and reasonably successful. Out of the 4 sessions I got to play, I was profitable in 3 of them giving me a winning start to this challenge.

I have, as planned, played 1 table of NL2 Zoom poker and managed 877 hands in total. Not quite to the 1000 I was hoping (although I figured that to be over 1 whole week not 3 days). Can't grumble though. Over this next week I will start to introduce a 2nd table of NL2 zoom and drop down to 1 table if I want to concentrate on anything newly learned from books or videos.

1st week goals:
Play at least 1000 hands - Nearly - would have smashed it if full week not just 3 days.
Stick with single table - Affirmative.
Post to blog at least 4 times with update/hands - Nope, but again over a full week I may have been better.

I will update with Week 2 goals tomorrow.

In the meantime, here is my biggest winner of the last week. ♠_thumbsup:

and the biggest loser... ♠_cry:

And here's hoping this is my graph in a few weeks time...

Catch you guys tomorrow with some goals for week 2.:gl:

GOAL SETTING

Obviously, my main long term target is to build my bankroll to $1000.

I am going to go for a 30BI Bankroll Strategy: that is I will move up when I have 30BI of the next level. So, to make my Long-term goal, I should end up playing NL25.

Bankroll Managment will look like this then:
NL2 Zoom - $0 - $150
NL5 Zoom - $150 - $300 (move down to NL2, if Bankroll < $100)
NL10 Zoom - $300 - $480 (move down to NL5, if Bankroll < $200)
NL16 - $480 - $750 (move down to NL10, if bankroll < $480)
NL25 - $750 - $1500 (Move down to NL 16, if bankroll < $600)
NL50 - $1500 + (move down to NL25 if <$1200)

AIM FOR THE STARS BABY!!

Furthermore, I would like to play at least 10k hands at each limit to check I am likely to be a winning player (I know 10k is still pretty insignificant). If I happen to reach the next limit before 10k hands, then I will stick to that limit until 10k hands and withdraw any of my bankroll above the next limit.

So let's break this down to smaller goals. Monthly and weekly goals perhaps.
Monthly goals will run for 4 weeks from yesterday - so first 'month' ends 16th March.
Goals to achieve by then:
Play 10k hands of NL2 Zoom
Comfortably pay 4 tables NL2 Zoom
Finish 'Crushing the MicroStakes' book (making notes)
Post 25 'problematic' hands for analysis
Perform a weekly 'sessions' review
Perform my 1st database review (after finding out what it really is)

And finally, to start me off towards my monthly and longterm goals, my goals for week 2 are:
Play 2k hands of NL2 Zoom
Introduce a 2nd table of NL2 Zoom
Reduce to 1 table when putting new strategy in to practice
Recap pre-flop chapter of 'Crushing the Microstakes' book
Post at least 6 hands for analysis
Perform my first 'session' review of biggest winners/losers and tagged hands

Okay, I think that is it for the time being. I will probably edit my goals into the original post so they are easier to keep a current track of. Anybody who is better at this than me, please comment with any other ideas or questions that may help me to improve my goal setting as this is an entirely new process to me. I may look to set some outside poker goals next time too. Who knows!!

As always at the tables.

Hit 1500 hands this evening and seem to be on a little heater so thought I'd share. Played 2 tables this evening too. Felt good so hopefully my volume will double this week.

Cheers

Unfortunately, I am now away for a couple of days. Will try to play, but unlikley. Annoying to break a run, but hey.

Week 2(First full week)
2643 hands of NL2 Zoom
Profit: $10.88
Current Bankroll: $110.15

My goals for week 2 were:
Play 2k hands of NL2 Zoom ACHIEVED
Introduce a 2nd table of NL2 Zoom ACHIEVED
Reduce to 1 table when putting new strategy in to practice No new strategies this week
Recap pre-flop chapter of 'Crushing the Microstakes' book Have started, but not got all the way through it yet
Post at least 6 hands for analysis 3 hands posted

Perform my first 'session' review of biggest winners/losers and tagged hands ACHIEVED

Not a bad week, but did lose momentum when I took the kids for a visit to my folks for a few days. Am now back at work too; hopefully, my volume won't take too much of a hit. Will reflect over night and post some new weekly goals tomorrow.

TTFN because my eyes are like piss holes in the snow at the moment.

Week 3
2462 hands of NL2 Zoom
Profit: -$1.31
Current Bankroll: $108.79

My first losing week ♠_frown:

Unfortunately, I can't claim that at all. All I really claim is one particularly bad session where I made lots of silly mistakes. On the positive side, I had run a half marathon earlier in the day...

BUT, that did mean I was pretty tired when I was playing later and made some really poor decisions which in hindsight are obvious!!

Didn't set any goals last week (oops), but I did manage to play over 2000 hands again and was 2 tabling NL2 zoom again. Couple more weeks and I may be looking to try out NL5.

Hopefully, some goals will be forthcoming this week. Only time will tell.

Onwards and upwards...

Week 4
2735 hands of NL2 Zoom
Profit: -$4.64
Current Bankroll: $104.10

Have let my blog go and with that my profit has reversed!!! Arrrgggghhhh!!!

Any way, my one goal this week is:

TO MAKE SOME GOALS!!!!

Hopefully get to them tomorrow.

Hey, Spidey!
I have kids, too and I run half-marathon ♦
Definitely following this blog.
Do not worry about those downswings, I had some with 20BB and more. And then You really start think - is there everything all right with my game?
At those no limits, keep the basic game, no advanced stuff. It will start on higher limits.
Anyway keep crushing and good luck!

Been really hectic at school (work) - last week of term though, so hopefully will get some hands in over the next few weeks. Let's wait and see.

Hopefully...

Week 5 & 6 (Apologies for no results last week)
1495 hands of NL2 Zoom
Profit: -$1.95
Current Bankroll: $102.38

Subbed, GL!!

How it’s going with you challenge going in the last 2 weeks?
Further I wish you all the best to beat the micro stakes

Cheers,
SDK1987