Trevor's Bankroll challenge

    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      I am a 37 year old male from Canada and would like to start the bankroll challenge. I have been playing poker off and on since 2004 but never had much success. My biggest fault was my bankroll management skills or lack thereof. I had some nice MTT cashes but then would play in tournaments I was not rolled for. I gave poker up for many years but would like to start playing again.

      I started the bankroll challenge playing Zoom poker. I went through my bankroll in the first week and I have made the decision to play spin n gos on Pokerstars. I know most people say they are not profitable but some people have proven otherwise. I will start off playing the 0.25's and move up when I get 100 buyins and take a 25 buyins shot before I drop back down. I only have 3 dollars left in my account and I know my chance to build it up are slim to none. I can reload if I go through it.

      Starting bankroll of 3 dollars
      Goal of 100 in two months time
  • 11 replies
    • BadHabit1989
      BadHabit1989
      Bronze
      Joined: 14.07.2016 Posts: 514
      thats one tough goal for a single year even tho you might have played on and off in the past.
      also 1k$ Bankroll should not be sufficient to play NL100 seriously.

      Still I wish you the best of luck on your way to crushing.
      Hopefully you wont get busto with your 15$.
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      My starting goal was a 1000 dollars. I would want 3000 to start playing nl100. I'm thinking it would take two to three months to move up each level.
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      My first day was off to a great start. Played a 1000 hands and I am up 10 dollars.
    • SDK1987
      SDK1987
      Moderator
      Moderator
      Joined: 12.11.2008 Posts: 34,540
      That’s a nice start already. How is everything going last week?

      Cheers,
      SDK1987
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      I am going to restart the challenge at NL2 with 20 in my account. I continue to have a hard time when I go on tilt. I will lose 5 buyins or so and instead of quitting for the day, I actually end up moving up in stakes to try and get it back quickly. Has anyone else had this problem and if they did, how do you get over it? I feel I can be a great player someday but by doing this, I destroy any chance of that. Thanks for listening.
    • Lazza61
      Lazza61
      Headadmin
      Headadmin
      Joined: 23.03.2011 Posts: 10,332
      Hey Trevor001,

      I would suggest setting a stop-loss of 3 BI. Take a complete break, go for a run or lift some weights, or quit for the day.

      3 BI stop-losses are a common tilt management strategy, but different people have different methods of dealing with it.

      Good Luck :gl:

      Laz
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      Sounds like some good advice. It's going to be hard to do but I know I have to.
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      I joined the site last week and have tried to build a bankroll playing Zoom poker twice without success. I have made the decision to switch to spin n gos. It seems there are a lot of fish in these games and I think I can make a profit. I was always a better MTT player than cash.

      Starting bankroll: 3 dollars
      Current bankroll: 6.75 dollars
      Chest: 3 dollars
      Profit: 0.75 dollars
      Games: 185
      Goal: 100 dollars in two months.

      Largest multiplyer I hit was 6x.
      Also had a 22 buyin down swing. From what I hear that would be a normal downswing in these.
    • SDK1987
      SDK1987
      Moderator
      Moderator
      Joined: 12.11.2008 Posts: 34,540
      22 buy-inns swings are nothing in Spin & Go’s. Hopefully you will stay on the positive side of the variance in these games. Otherwise you could lose your entire bankroll if you aren’t quit fast enough.

      Good luck with your new start :gl:

      Cheers,
      SDK1987
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      Well I quickly went trough the 3 dollars. I played around 120 tourneys at one point with 1st place in the low 40% winning and this only gave me a profit of 1.50 I have reloaded 15 dollars and playing 1 dollar tourneys. I am doing much better at these games. It feels like you are playing for something. I realize there is a really good chance I go broke but I can reload if need be. Hopefully I won't have to.
    • Trevor001
      Trevor001
      Basic
      Joined: 18.09.2017 Posts: 10
      I had a good week with the challenge. I played 1 dollar spin n gos.

      Week 1
      Starting bankroll 15$
      Profit of 14$
      Chests of 3$
      Total of 32$

      I am very happy to have doubled my bankroll.