probably my toughest challenge yet. i went on a downswing that i estimated to cost me around 62,000 dollars. i lost it quickly. the challenge is to get it back, the long way. (no, im not getting a job) i started with 1k in my account. the goal is to get from 1k to 62k. im not putting a time limit on this because i feel no need to rush this. rushing is how you make mistakes. im going to stay within my bankroll, and move up the limits, hopefully i will complete this challenge, and keep up the good habits and move to the top.
ive been rewatching the old wsop and wpts. its amazing how much more i understand about the game then the last time i remeber watching these. i remeber what i was thinking years ago when i watched them, and now when i rewatch them i understand why certain things were done, who actually played there hand well, and its very easy for me to weed out a mistake from a good play. just because the announcer says "nicely played by erickson" doesnt mean the man played the hand well, he could of played it horrible. in fact most the plays the announcers say are nice are ussually terrible, lets take marcel luske min raising from early position with KJ off suit to 32k, being repopped to 132k from the button, and he flats with only a 400k chip stack behind oop. flop of course comes K33 and trumps the QQ from the button and all of a sudden hes a genious, the play was absolutely terrible. the reverse implied odds on KJ...
anyway, im not really setting a bankroll rule to start, at this point, i only have 7k, i dont mind playing 2-4 on a 7k roll although it is under rolled, when i make the transition to the 5-10, its going to be a lot more important and i will be very very strict on it. i think im gonna need to complete this challenge before playing another hand of 5-10. once i do complete the challenge ill enter the 5-10 games, when i get to 120k. ill allow myself to take shots at the 10-20. i dont know when ill be able to step back into the 25-50. maybe 200k, maybe 400k.
every single time ive moved up i hit a block, when i moved from 1-2 to 2-4 i lost 4000 bucks quick, when i moved to 3-6 i quickly lost 5k, when i moved to 5-10 i lost 9k right off the start. when i moved to 10-20 i lost about 12k. every single time i kind of sulked, got over it, got back on horse and was eventually able to be profitable in the game. when i went to 25-50 i lost about 40k. this is a longer sulking/getting over it period. im back on the horse now playing 2-4, if the transition to 25-50 is anything like the others, ill eventually be beating it. i never thought id be able to beat the 5-10 game and now it seems like a piece of cake. if i can beat the 25-50 on a consistent basis, i can earn a good living playing poker. this is the hardest step in poker and im preparing to take it on.
every time ive moved up, ive gotten beat. i think its just part of the game. i kind of been having this mindset of, "well when i lost before i was losing amounts of money that really couldnt get me much anyway, but now the downswings are the size of luxury cars."
i need to get that out of my head, its not good for me.
im going to start blogging about this, i think it will be helpfull for everyone, because i plan to play every limit on this journey, which started at 1-2.
roll: $7,059.33
I need: $54,940.67
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