My personal $100 to $1000 challenge

    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      I am starting this thread to track how I do with the $100 to $10,000
      challenge. I think $10,000 is unattainable for me, so
      for me the challenge is $100 to $1000 using strict bankroll management
      rules. Also, the fact that my progress is public will hopefully
      help me stay disciplined.

      Here are my rules...

      - I buy into cash games for no more than 5% of my roll
      - I buy into 1 table SNG for no more than 5% of my roll
      - I buy into MTTs for no more than 2% of my roll
      - I quit the cash game table as soon as I double up
      - I will not use any HUD or tracking software
      - I will not get rakeback

      I will begin by playing 5/10 NLHE, buying in for $5. I will also play
      some 5/10 PL Draw. I will reevaluate what I play when (if!) I
      stabilize at $200.
  • 262 replies
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      I started by playing a cash table and a one table bounty tourney. This
      session taught me that I really need to trust my instincts.

      At the cash table, it wasn't long until I had pocket aces. I raised,
      got reraised, shoved and got called by AKo. I won the pot. Now, my
      rule is to quit the table when I double up. I was actually 40 cents
      from doubling. My instincts told me to wait until the blinds go around
      and then quit before the blinds get to me. As I waited, I noticed that
      this table was juicy, paying off big hands. I stayed against my better
      judgement. Then, it happened. I limped in with pocket fives before the
      button with 2 other callers. The flop was 2 9 5 rainbow. I hit trips.
      I bet 1/2 pot. One folded and the other called. I thought this guy has
      A9. The turn was another 9. Great! I bet 1/2, he called. The river
      was... yep... an ace. I checked, he shoved. My instincts told me that
      he had A9 and that I was beat. I called, hoping I was wrong. I wasn't.
      The tourney didn't go so well either. I played too big while my M
      ratio was above 15 and I ended up short stacked when the blinds got
      big.

      I am now at $93.

      What did I learn? Trust your instincts when they tell you to quit or
      fold. If Galfond can fold a full house on national tv and lose tens of
      thousands, well, I can fold a full house on a dinky 5/10 table.
    • DecMate
      DecMate
      Bronze
      Joined: 25.01.2009 Posts: 939
      Well good luck with you're challenge, i'm also trying somthing like this myself :f_biggrin:
      so i'll try and keep track.
      And as for this hand, (pocket 5's) why did you limp in, in the cutoff with 5's? this is an easy raise.
      Just giving you some constructive critizism :f_biggrin:
    • roswellx
      roswellx
      Bronze
      Joined: 05.12.2008 Posts: 599
      Is it 1000 or 10000. Subject and message do not compute :)
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      Thanks for the criticism... I think I need more... I got myself back past $100 last night. Then today! Holy crap... My pocket queens versus pocket kings... Monster hands sucked out on the river... A guy calling a raise with 72o and then hitting two pair... I cannot blame it all on bad luck... Actually I blame none of it on bad luck because if I played better I could absorb these beats. I am at $67

      I'm noticing that I am not betting enough after the flop if I have top pair. I am letting people stay in far too long. To me, a half a pot bet is a pretty strong message. To my opponents, however, they view it as half-hearted. I need to readjust.

      Also, I think I am not playing enough hands. I play 6 handed and I think my range is more suited to 9 handed. I am going to try 9 handed next session, or I will make a point of playing more marginal hands in position while 6 handed.

      And finally, many of my monster hands are not paying off. Instead of going all in on the river, I can make a smaller bet that is more likely to be called. What do I have to gain by going all in? If he calls and has something better, I lose a lot. If he has nothing he will not call. It is a lose lose.

      Today was very frustrating. What's more frustrating is that this little challenge is rapidly teaching me that I am not as good as I thought I was. I never thought I was the greatest ever, but the success I have playing live does not translate to the online game. Either that, or I need to think, "Would I do this live?" before every decision.
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      Well, you see in the poker news that pros do the 100 to 10000 challenge. That is way out of my league so for me the challenge is only to 1000. And I am rapidly seeing that maybe even that is too much!
    • StaneviciusV
      StaneviciusV
      Bronze
      Joined: 09.06.2010 Posts: 37
      Hi,
      What are results now?
    • EmanuelC16
      EmanuelC16
      Bronze
      Joined: 02.01.2010 Posts: 13,897
      Hey there! Will surely follow your progress and hope you do well. Just because you started worse than you expected you shouldn't start doubting yourself. By the way, did you set yourself a time limit? Where do you play?
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      I don't know what the hell happened. I was going good and then... well... I don't know. I'm at $44 and I will be moving down in blinds to 2/5 until I can get myself winning. I play on Sportsbook, and I do not have a time limit (wife, kid!). It's funny... If you can't spot the fish you are the fish. I am the fish!

      This is teaching me that I am not mentally strong enough to sustain a winning streak. I find it hard to play my A game for an extended period of time. Then I start 'having fun' and that's when I play badly and lose, a lot. I see that pros are pros (heck, even winning players are winning players) because there is no emotion, just the right moves. They play their A game all the time.

      I need to shift my focus from 'fun' to emotionless, smart play. But how can I NOT get emotional when I have trips going into the river, and buddy hits a miracle card to make a straight?

      I hate to get all Oprah, but in the few days I've tried this, I am really learning a lot about myself, and I am truly experiencing what I keep reading about in poker lessons etc. I will not win, and I will not get better unless I learn to be mentally stronger. Anyone can hit a big hand. I am learning that only a few can handle what happens after the big hand.
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      Wow... I'm at $25... And I do not feel bad about it because I think I played well from start to finish... almost every big hand I had got met with runner runner for a flush, or runner runner for a full house, or the guy going all in on an inside straight draw and hitting... It actually got comical... I counted 5 straight times my pocket kings got beat by either miracle straights or aces... The last two times I got kings I just knew an ace would flop... and they did after the guy pushed all in with A5o... This has to be the worst friggen luck ever... There really is nothing I can learn from these last sessions because I don't think I got outplayed much... The luck was so bad, it was funny... This is how "rigged" threads are born, I think!

      :)
    • StaneviciusV
      StaneviciusV
      Bronze
      Joined: 09.06.2010 Posts: 37
      Just take a limit.. Then You feel unlucky.. You don't need to continue playing.. Sometimes You can be unlucky all month.. You need minimize your loosing in bad periods..

      If You feel that You can loose with good card, don't bet ever..
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      @ Stanevicious

      You know what, that is an excellent line...

      "If you feel you can lose with good cards, don't bet"

      I like it... thanks!

      Well, I seem to have found my sweet spot. I'm starting to climb again. I'm at $42... I'm very happy with my play, which is most important. Now that I'm climbing, I cannot lose focus trying to steam and get back to my starting position of $100 too quickly. I also think it may be a mistake to not have a rakeback. I'm adding up how much it would have been and that's a sizable chunk of cash! I still think no rakeback is important for me right now, however, because I want to be rewarded for good play, not LOTS of play.
    • StaneviciusV
      StaneviciusV
      Bronze
      Joined: 09.06.2010 Posts: 37
      Nice to hear good news! :)
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      I'm at $47 and feeling pretty good about my play. I'm getting better at folding great starting hands that don't hit, folding if my flush draw is not given the right odds, stealing pots with river raises when I know the other guys have broken draws, out-waiting my opponents for profitable situations, and spotting players that will pay me off.

      I've made a change to what I play.

      I will not play draw... I think I need to learn that game a little better. I think what my dad taught me about draw was misguided. Either that or the cards fall REALLY differently than live. So I am playing some 7 card stud hi. I like to play it heads up or max three people. I've moved back up in blinds to 5 / 10 NLHE because I found the 2 / 5 was REALLY tight, unprofitably tight. I know that this breaks my first rule but I'm trying to get back to the starting line here!

      I'm also limiting myself to only two tables at a time. My reads were suffering at 4 tables. Also, I am not playing any SNG or tourneys right now either. If things are going well, why mess with it?
    • Hahaownedlolz
      Hahaownedlolz
      Bronze
      Joined: 24.04.2009 Posts: 1,755
      Originally posted by hackbinder
      I've moved back up in blinds to 5 / 10 NLHE because I found the 2 / 5 was REALLY tight, unprofitably tight. I know that this breaks my first rule but I'm trying to get back to the starting line here!


      This is not how you should think. There is no point in thinking about how big your bankroll was, that doesn't matter. The only thing that matters is how big it is now. Moving up because you say the players in the lower level are too loose/too tight/ don't think so you should move up is another thing you should really get out of your head. If you can't beat the lower limit you won't be able to beat the limits above that..

      It sounds like your making good progress though. If you can afford it i highly suggest buying "the poker mindset". It's a really great book and it explains why you shouldn't think in certain ways and how to handle downswings and bad beats.
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      @ hahaownedlolz

      You know what... You are absolutely right. I ordered the book. Thanks for the suggestion.

      $55
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      I'm at $72 and I'm looking forward to starting again!

      :)

      But what I really want to say is that I am learning the true meaning of GRINDING. I always read people's posts about grind this and grind that but I never REALLY appreciated it until now. Because I'm not necessarily playing for FUN but to reach a goal (which I guess is fun but the process itself is "business"), I never did any grinding, which is to say, I never had to be very patient. Grinding is such a test of patience. Waiting for profitable situations, not "fun" situations. Even though I am not here to have "fun" I am starting to enjoy myself. I think I am getting the hang of it.
    • drdrab
      drdrab
      Bronze
      Joined: 11.06.2009 Posts: 37
      The more you play and the more hands you see, you should appreciate the startegy articles on here and why what they preach is correct.

      Find the game that suits your style, if you find you lose concentration then maybe SNG's where you can loosen up once in the push or fold stage would be better for you.

      I play SNG and MTT's and until Friday was turning a small but steady profit. The I cashed in 2 MTT's for over $300 to double my bankroll. Play solid and the results will eventually come.

      Also, always evaluate yourself, even when I think I've stuck well to the articles advice I look back and see I played a SNG too loosely, keep going back and looking at how you could improve your game.

      Finally, I wish you the best of luck! For someone who is trying to make enough dollar to make it a full time profession I understand the frustration when you lose and get negative thoughts but just keep plugging and play your A-game.
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      $73

      I have played a few "double up" SNG lately just to try them out and I have had some success. I am curious to know what people think about them and if the strategy changes since you are not necessarily looking for a first place finish.

      Any thoughts?

      From what I noticed, at first glance one may think that the best bet is to hold on and play ABC until the blinds get high and then wait for people to make mistakes. But after playing a few I noticed that if you loosen up a little you can actually bluff your way to a sizable stack because everyone is in a tight survival mode even in the beginning stages. I think having a bigger stack is extra important in these types of SNGs because once there are only a couple of players to go until the bubble, the big stacks can ALL line up against the little stacks because there is no pay off for being first. It feels like bullying, actually!

      @ drdrab

      I appreciate the encouragement.

      :)
    • hackbinder
      hackbinder
      Bronze
      Joined: 15.05.2009 Posts: 618
      $36

      I got myself up past $70 and then I went sour... Again, not mentally strong enough for a downswing. It started actually as an upswing, then I start to gamble... The mindset is that you see people gambling in front of you and hitting flushes etc, so you think, "When is it my turn?" After hours of not getting anywhere a draw comes up, you call big bets, and you lose (well, I lose). Then I tilt... Dammit! And it is so easy to tilt because you figure, "He cannot have the nuts AGAIN!" And he does. You KNOW he does, but you HOPE he doesn't. I'm very disappointed with myself. All this in ONE day. Moving back down in limit.