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How to turn T$1000 into $10 000 cash

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mariussica88
Joined: 07.10.2010

Hi everyone, :welcome:

Now that my first challenge here is complete I want to make a bigger one.

My last challenge ended with me getting 1000 $ in the form of T$ ( tournament dollars ) after I managed to finish 1st in the Monthly Scholars Leader board on Pokerstars. Now I want to turn that prize into $10 000 cash. So for that I had my Pokerstars account emptied so now I have only $T1000.50 that I can use it to buy-in to "any" tournament and also I have two $11 tournament tickets that I did not use to play the WCOOP this year.

This is the plan...

1. I plan to reach my goal in max 2 years ( this is a long term challenge and for me is important to have a time goal also )
2. I will not withdraw any funds from my Pokerstars account ( I have a job so I do not depend on this money )
3. Most important one : !!!

* I will play tournaments within the 300 buy-in bankroll management (with $1000 I can easily play $1.10, $2.20 and $3.30 daily regular tournaments )
* If I get under the 250 buy-in for the $3.30 tournaments ( meaning under $825 ) I will play only $2.20 tournaments and lower.

4. I will review my hands played in HM3 and post the most important ones in the Tournament Hand Analysis part of the forum so we can discuss what went good or bad.
5. I will (like I do) every week read articles and watch videos of MTT strategy
6. I will not play any satellites to the big buy-ins tournaments ( sunday million, sunday storm and any big tournaments that Pokerstars will have ) for the beginning of this challenge*
* This might change if or when I get to have a bigger bankroll $3000 - $4000
7. With the 2 tickets that I have I will play two $11 tournaments but at this time I don't know exactly which ones.
8. This Challenge will start tomorrow 1.10.2022

That being said this are the tournaments that I will try to play daily: ( I might not play them all every day )

And this is my Bankroll at the beginning of this challenge :

And the tournament tickets that from 1st of October will be regular $11 tickets:

I'm very excited to start this new challenge and see what will happen :f_drink:

I wish you all a good day and take care. :gl:


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410 replies
Mizzzzz
Joined: 20.08.2019

A lot of effort in a short time, a real nice plan full of realism, a way of writing, that is nice to read;
I have no clue of tourneys, but I`m IN!


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mariussica88
Joined: 07.10.2010

Originally posted by Mizzzzz
A lot of effort in a short time, a real nice plan full of realism, a way of writing, that is nice to read;
I have no clue of tourneys, but I`m IN!

Thank you for you kind words :f_thumbsup:


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mariussica88
Joined: 07.10.2010

Weekly update no. 1

Played from 01.10.2022 to 09.10.2022​


Hi all, :welcome:

First update on the new challenge, this past week I played only 26 tournaments. It wasn't a great week but I managed to cash in some tournaments and turn some T$ into a bit of a bankroll xD
As you all know Pokerstars had some major connectivity issues last week and I was impacted by them also ( like a lot of you ), at that time I was registered into 6 tournaments that where cancelled (I like to register into all of the tournaments that I want to play right when I start my sessions so I can concentrate only on playing the tables that are opened ) and I was playing another 3. They gave me back the buy-ins into real money and not tournament $, so at least that is a plus :f_biggrin:
I played also the Sunday Storm with one of my $11 tournament tickets, unfortunately I bust out before the money places...still have one more $11 ticket.

I only have some result ( print screens ) from Sunday, I forgot to get those from the beginning of the week.:f_mad:

So the Bankroll is :

Played from 01.10.2022 to 09.10.2022

Starting Bankroll: T$ 1000.50
Current Bankroll: $26.75 + T$ 967.15

Profit from last week: - $6.60

Goal: $10 000

Still a long way until 10K but we keep going :f_p: Have a good week :f_thumbsup:


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SvenBe
Joined: 19.04.2006

I thought - wow, 3x 1st place! ..but it is just the sorting of the tourney that shows you on top when you searched. Next time better luck!


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mariussica88
Joined: 07.10.2010

Originally posted by SvenBe
I thought - wow, 3x 1st place! ..but it is just the sorting of the tourney that shows you on top when you searched. Next time better luck!

:f_biggrin: Thank you. I like to add to this thread almost all of my tournament cashes ( sometimes I forget to print screen some :mdr: ) so every one that read and follow my journey see how I got there ;)


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mariussica88
Joined: 07.10.2010

Hi guys, :welcome:

Yesterday I managed to play only one tournament since I was a little tired after work and I played only the $1.10 scholars and finished 24th so I am happy that I made that decision. I rather play fewer tournaments then to overload myself and in the end loose money. :f_grin:

Have a good day and good luck at the tables. :f_drink:


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mariussica88
Joined: 07.10.2010

Weekly update no. 2

Played from 10.10.2022 to 16.10.2022​


Hi all, :welcome:

For the past week I played 54 tournaments and had some nice results this week :f_grin:.

I still play the scholars tournaments since they have a very nice value and the potential of finishing at the end of the month with some more T$ in my account. I also had some nice results in freerolls and managed to win one :f_cool: Played also the daily $3.30 and $2.20 but no significant results ( only some bounties and some min cashes ). I tried to qualify to WCOOP low since they have freerolls every hour with 2 seats GTD, but those tournaments are pure lottery :):transpire: nevertheless you never know. Also I am reading and trying to improve my game in those bounty tournaments where seems that people like to play wider then regular, so I am searching to find good strategy videos and articles for that type of game.
So here are some of my result this week and also on Scholars Leader Board I am on 25th after first 2 weeks of games:

Scholars Leader Board at 17.10.2022

I also have some tickets won from completing the PSPC Ticket Machine challenge just by playing.

So the Bankroll is:

Played from 10.10.2022 to 16.10.2022

Starting Bankroll: T$ 1000.50
Last week Bankroll: $26.75 + T$967.15 = $993.9
Current Bankroll: $115.89 + T$946.70 = $1062.59

Profit from last week: + $68.69

Goal: $10 000

Have a good week and good luck at the tables :f_drink:


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mariussica88
Joined: 07.10.2010

Hi guys, :welcome:

So yesterday I use one of my $11 tournament tickets to try to qualify to Sunday Million. I played a satellite with 50 seats GTD and I managed to qualify.


My problem is what tournament should I play? With the $109 ticket that I won I can play a regular Sunday Million or I can play the WCOOP Main Event Low so I don't know which one to play.

So what tournament would you guys play?


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nmilan84
Joined: 21.07.2010

Hi,

you should include time management into this. Are you available for all the WCOOP timings, if you run deep? On the other hand Sunday Milly is a KO this week, so one more thing to take into consideration.

However you choose good luck!


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mariussica88
Joined: 07.10.2010

Originally posted by nmilan84
Hi,

you should include time management into this. Are you available for all the WCOOP timings, if you run deep? On the other hand Sunday Milly is a KO this week, so one more thing to take into consideration.

However you choose good luck!

Thank you for your advice...I did not know my exact schedule for the WCOOP so taking that in consideration I decided to play this weeks Sunday Million. :f_grin:


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mariussica88
Joined: 07.10.2010

Weekly update no. 3

Played from 17.10.2022 to 23.10.2022


​
Hello everyone, πŸ‘‹

At the beginning of the week I was busy with work so for the first 3 days I played only one tournament a day ( The Scholars leader board ) but since I was a bit tired I didn't play well at all. Here I broke one of my rules ( do not play poker when tired ) but I really wanted to play for the monthly points. From Thursday on I played a lot of tournaments and also some Spin & Go's (wanted to try something at the advice of one of my poker "coach/adviser ") so In total I played 9 Spin & Go's (2x $4 Spin &Go's, 6x $10 Spin & Go's and 1 x $5 Spin & Go) and 72 tournaments with buy-ins from $0.55 and $11 ( the $11 was the Sunday Million satellite ). During the week I had some small results on some $3.30, $2.20 and $0.55 tournaments but my best result came on Sunday from the $109 Sunday Million. :f_thumbsup:

Here are some results from during the week:

On Sunday Million I started well taking my time and playing pretty much ABC poker, not taking risks and playing mostly strong hands and completed hands post flop....I could have in some hands played more aggressive but that is something I have to improve on the future...before the money bubble burst I eliminated 5 players and had a pretty decent stack when we got into the money places, after that small stacks started to play more loose and I lost some flips for mainly 9-11 BB ( AJo vs 1010, AJo vs 55 ) and after about an hour I got down to 14BB and this was my last hand:

PokerStars - 8000/16000 Ante 2000 NL (8 max) - Holdem - 7 players
Hand converted by Holdem Manager 3

MP: 799,032 (49.9 bb)
CO: 1,109,414 (69.3 bb)
Hero (BTN): 226,060 (14.1 bb)
SB: 183,233 (11.5 bb)
BB: 504,304 (31.5 bb)
UTG: 462,366 (28.9 bb)
UTG+1: 245,436 (15.3 bb)

7 players post ante of 2,000, SB posts 8,000, BB posts 16,000

Pre Flop: (pot: 38,000) Hero has A♠: K♠:
2 folds, MP raises to 32,000, CO calls 32,000, Hero raises to 224,060 and is all-in, 2 folds, MP raises to 797,032 and is all-in, fold

Flop: (518,120, 2 players) 5♣: 2♠: 6♠:

Turn: (518,120, 2 players) 3♣:

River: (518,120, 2 players) 8♥:

Results: 518,120 pot (0 rake)
Final Board: 5♣: 2♠: 6♠: 3♣: 8♥:

MP shows T♠: T♦:: (One Pair, Tens)
(Pre 54%, Flop 48%, Turn 65%)

Hero shows A♠: K♠:: (High Card, Ace)
(Pre 46%, Flop 52%, Turn 35%)

MP wins 518,120

And that was pretty much my Sunday Million experience this past week...happy with how I played and also with the result. :f_cool:

So the Bankroll this week is:

Played from 17.10.2022 to 23.10.2022

Starting Bankroll: T$ 1000.50
Last week Bankroll: $115.89 + T$946.70 = $1062.59
Current Bankroll: $473.29 + T$ 779.14 = $1252.43

Profit from last week: + $189.84

Goal: $10 000

Have a good week and good luck at the tables :f_drink:


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Fredjen
Joined: 27.05.2008

Nice blog Marius. Keep up the good work! :f_thumbsup:


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nmilan84
Joined: 21.07.2010

Good decision to play the Milly.
Congrats on the results


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mariussica88
Joined: 07.10.2010

Originally posted by Fredjen
Nice blog Marius. Keep up the good work! :f_thumbsup:

Thank you :f_grin:


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mariussica88
Joined: 07.10.2010

Originally posted by nmilan84
Good decision to play the Milly.
Congrats on the results

Thank you. Yes it was a good idea. :f_drink:


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mariussica88
Joined: 07.10.2010

Hi guys, :welcome:

I want to ask you guys something....some of my poker colleagues have been saying that given my bankroll I should play more tournaments with buy-ins of $5.50, $11 and also some shots at the $22 tournaments. I have not made any decisions if I should do that. So I want to ask you guys for your opinions on this matter.

What do you guys think? Feel free to express your opinions. Thank you.


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Head Admin
SvenBe
Joined: 19.04.2006

People will give you different advise.
I am personally a bankroll nit and move up way too late - which I admit is a leak because when overrolled it is "whatever... i call" because it is just such a small part of your BR.
From your reports I know that you have a serious approach and don't want to do things crazy in shots on higher limits.
Your situation outside poker also could play a role. I know players who play till they are broke instead of moving down because if things dont work they know that 10% of the next paycheck is there next deposit.

Long story short: yes, definitively think about moving up but take your time and consider your choices!


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mariussica88
Joined: 07.10.2010

Originally posted by SvenBe
People will give you different advise.
I am personally a bankroll nit and move up way too late - which I admit is a leak because when overrolled it is "whatever... i call" because it is just such a small part of your BR.
From your reports I know that you have a serious approach and don't want to do things crazy in shots on higher limits.
Your situation outside poker also could play a role. I know players who play till they are broke instead of moving down because if things dont work they know that 10% of the next paycheck is there next deposit.

Long story short: yes, definitively think about moving up but take your time and consider your choices!

Until I decided last year to improve my poker skills and try to be a winning poker player I did not care much about the Bankroll but that was a mistake since I lost my bankroll many times just because I had the mentality of "go big or go home" .....and pretty much I "got home" every time :mdr:. Since my last challenge I had a strict bankroll management that's why I managed to complete it....but this one is even strict ( 300 buy-ins and more ).

I haven't deposited any cash in my poker account since 2018, and also my financial status is stable enough so I don't rely on poker winnings. Maybe I will try to play some (1 or 2 ) $11 tournaments a week or some $5.50 so It does not impact my bankroll that much. Since I don't have much experience on bigger buy-ins tournaments I really don't want to start and play many, I want to incorporate into my regular buy-ins $1.10 $2.20 and $3.30 some $5.50 and $11.


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Mizzzzz
Joined: 20.08.2019

Originally posted by mariussica88

Originally posted by SvenBe
People will give you different advise.
I am personally a bankroll nit and move up way too late - which I admit is a leak because when overrolled it is "whatever... i call" because it is just such a small part of your BR.
From your reports I know that you have a serious approach and don't want to do things crazy in shots on higher limits.
Your situation outside poker also could play a role. I know players who play till they are broke instead of moving down because if things dont work they know that 10% of the next paycheck is there next deposit.

Long story short: yes, definitively think about moving up but take your time and consider your choices!

Until I decided last year to improve my poker skills and try to be a winning poker player I did not care much about the Bankroll but that was a mistake since I lost my bankroll many times just because I had the mentality of "go big or go home" .....and pretty much I "got home" every time :mdr:. Since my last challenge I had a strict bankroll management that's why I managed to complete it....but this one is even strict ( 300 buy-ins and more ).

I haven't deposited any cash in my poker account since 2018, and also my financial status is stable enough so I don't rely on poker winnings. Maybe I will try to play some (1 or 2 ) $11 tournaments a week or some $5.50 so It does not impact my bankroll that much. Since I don't have much experience on bigger buy-ins tournaments I really don't want to start and play many, I want to incorporate into my regular buy-ins $1.10 $2.20 and $3.30 some $5.50
and $11.

Add 1 or 2 of them a week and look, how things work;
if they work well, you will be able to play them regularly soon and can do the same with the 11$-ones!

And stick to ur BRM...
thereΒ΄s allways a lot af advice, but if u look for the advisors some years later, they arent there anymore, because they went broke too often!


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