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Screw Bankroll Management! Here's what you do...........

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  1. fstick77 fstick77 is offline

    Long Beach, CA
    United States

    Posts: 145
    Joined: Mar 08

    Oct 17th, 2008 (10/17/2008 1:07pm)

    Deposit $12.80 on pokerstars.

    Play one $5.20 Double or Nothing Turbo SNG

    If you win:

    Play one $10.40 Double or Nothing Turbo SNG

    If you win:

    Play one $20.80 Double or Nothing Turbo SNG

    If you win:

    Play one $10.40 Double or Nothing Turbo SNG

    If you win:

    Play one $52 Double or Nothing Turbo SNG

    If you win:

    Play one $104 Double or Nothing Turbo SNG

    Total investment: $15 + $7.40 in Tournament Fees = $12.40

    Total Cashout: $200

    Total Profit: $187.20

    Do this once a day for 100 days and you'll have a bankroll of

    $20,000

    Screw Bankroll Management!

    Play poker all night, bang chicks all day!
  2. jsmanuel jsmanuel is offline

    Lafayette, LA
    United States

    Posts: 661
    Joined: Sep 07

    Oct 17th, 2008 (10/17/2008 1:11pm) in reply to fstick77

    Been said in the original Double-or-Nothing thread. I may do this today if I cash in this $54, this is my 3rd one in a row if I cash.
  3. Goodyvaj763 Goodyvaj763 is offline

    Posts: 342
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    Oct 17th, 2008 (10/17/2008 1:12pm) in reply to fstick77

    NOT BAD IDEA! TRY IT let us know!
  4. jsmanuel jsmanuel is offline

    Lafayette, LA
    United States

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    Oct 17th, 2008 (10/17/2008 1:13pm) in reply to Goodyvaj763

    They go from $21.60 to $54 to $108, so you're numbers are alittle off.
  5. fstick77 fstick77 is offline

    Long Beach, CA
    United States

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    Oct 17th, 2008 (10/17/2008 1:15pm) in reply to jsmanuel

    I'm talking about the Turbo ones. They're a little cheaper.

    And, I'm watching your game right now. Good Luck!
    Thread Starter
  6. jsmanuel jsmanuel is offline

    Lafayette, LA
    United States

    Posts: 661
    Joined: Sep 07

    Oct 17th, 2008 (10/17/2008 1:18pm) in reply to fstick77

    KK and the damn Ace magnets. That idiot has been playin any 2 suited cards all game.
  7. moody88 moody88 is offline

    Fort Lauderdale, FL
    United States

    Posts: 219
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    Oct 17th, 2008 (10/17/2008 3:08pm) in reply to fstick77

    DAMMIT... what did i do wrong stick??? i jus won my 20.8 DoN and i only have 46$ ... DId I miss something? did i play this wrong? what happened?!?!??!.. i cant move up!
  8. DntCaltACmBk DntCaltACmBk is offline

    Toronto
    Canada

    Posts: 1,048
    Joined: Aug 07

    Oct 17th, 2008 (10/17/2008 3:34pm) in reply to moody88

    Has anyone determined what the optimal ABC strategy is in these? TAG play with position limping until, what, 75/150 then shove/fold depending on stacks?
  9. Avery01 Avery01 is offline

    Westfield, IN
    United States

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    Oct 17th, 2008 (10/17/2008 3:51pm) in reply to fstick77

     
    Originally Posted by fstick77 View Post

    Deposit $12.40 on pokerstars.

    Play one $5.20 Double or Nothing Turbo SNG

    If you win:

    Play one $10.40 Double or Nothing Turbo SNG

    If you win:

    Play one $20.80 Double or Nothing Turbo SNG

    If you win:

    Play one $52 Double or Nothing Turbo SNG

    If you win:

    Play one $104 Double or Nothing Turbo SNG

    Total investment: $5 + $7.40 in Tournament Fees = $12.40

    Total Cashout: $200

    Total Profit: $187.60

    Do this once a day for 100 days and you'll have a bankroll of

    $20,000

    Screw Bankroll Management!

    Play poker all night, bang chicks all day!

    That's a lot of IFs. GL with that plan. After it works, you should try this plan.

    Throw the full $20k into the stock market and spend it all on one stock.

    If it doubles, sell it.

    Take the full 40k and put it all into another stock.

    If it doubles, sell it.

    Take the full 80k and put it into another stock.

    If it doubles, sell it.

    Take the full 160k and put it into another stock.

    If it doubles, sell it.

    Keep going until you figure you'll never have to work again.
  10. tedd_e_KGB tedd_e_KGB is offline

    United States

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    Joined: May 08

    Oct 17th, 2008 (10/17/2008 4:07pm) in reply to Avery01

    Stupid strategy....google "Martingale" and save your money...

    Why don't you just play Roulette?
  11. fstick77 fstick77 is offline

    Long Beach, CA
    United States

    Posts: 145
    Joined: Mar 08

    Oct 17th, 2008 (10/17/2008 4:17pm) in reply to moody88

     
    Originally Posted by moody88 View Post


    DAMMIT... what did i do wrong stick??? i jus won my 20.8 DoN and i only have 46$ ... DId I miss something? did i play this wrong? what happened?!?!??!.. i cant move up!

    Oops! As you can tell, I'm not a math player.
    Thread Starter
  12. fstick77 fstick77 is offline

    Long Beach, CA
    United States

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    Oct 17th, 2008 (10/17/2008 4:21pm) in reply to DntCaltACmBk

     
    Originally Posted by DntCaltACmBk View Post


    Has anyone determined what the optimal ABC strategy is in these? TAG play with position limping until, what, 75/150 then shove/fold depending on stacks?

    I would say TAG with absolutely no limping at all after the blinds reach 25/50
    Thread Starter
  13. Autolobotomist Autolobotomist is offline playing air is my style? so what

    Tempe, AZ
    United States

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    Oct 17th, 2008 (10/17/2008 4:24pm) in reply to tedd_e_KGB

    If you've got a bankroll of over 1 buyin as OP suggests and you're better than an average sng player you're playing roulette with more of on color than the other.

    It's not entirely unlike playing steps right?
  14. fstick77 fstick77 is offline

    Long Beach, CA
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    Oct 17th, 2008 (10/17/2008 4:26pm) in reply to Avery01

     
    Originally Posted by Avery01 View Post

    That's a lot of IFs. GL with that plan. After it works, you should try this plan.

    Throw the full $20k into the stock market and spend it all on one stock.

    If it doubles, sell it.

    Take the full 40k and put it all into another stock.

    If it doubles, sell it.

    Take the full 80k and put it into another stock.

    If it doubles, sell it.

    Take the full 160k and put it into another stock.

    If it doubles, sell it.

    Keep going until you figure you'll never have to work again.

    Or, I can just take the 20 K and then bet on the Bengals to win a game. That'll ruin about 3 months of grinding right there.
    Thread Starter
  15. fstick77 fstick77 is offline

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    Oct 17th, 2008 (10/17/2008 4:29pm) in reply to Autolobotomist

     
    Originally Posted by Autolobotomist View Post

    It's not entirely unlike playing steps right?

    That's exactly what this is. It's a way to play a higher buy-in tournament with minimal risk. The problem is that when you see that you've got $40 from the original $5.20 that you invested, the tendency is to hold on to that money. So, before you try this strategy, you have to get your mind right and be willing to lose your initial investment, but in the hopes of multiplying it.
    Thread Starter
  16. fstick77 fstick77 is offline

    Long Beach, CA
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    Oct 17th, 2008 (10/17/2008 4:41pm) in reply to fstick77

    Okay, I'll admit, I screwed up the original strategy due to a small miscalculation in math. Here's the new plan:

    Set aside $6.40

    Play one $5.20 Double or Nothing Turbo SNG

    If you win:

    Play one $10.40 Double or Nothing Turbo SNG

    If you win:

    Play one $20.80 Double or Nothing Turbo SNG

    If you win you are left with $40 with a profit of $33.60
    All you do is play 4 tables and then you are left with $160 with a profit of $134.40

    Do this for 30 days and you'll have a profit of $4032

    Each of these Turbo DorN SNG take about 30-45 minutes to complete, so you would put about 3 hours of work in per day. So burn your resume. Drop out of college. Tell your boss to go Eff himself. This is the only plan you'll need.

    Play poker all night, bang chicks all day!
    Thread Starter
  17. Ajeff007 Ajeff007 is offline

    Mansfield, OH
    United States

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    Oct 17th, 2008 (10/17/2008 4:46pm) in reply to fstick77

    I think Multi tabling these would be pretty profitable considering I am terrible at endgame if I am in a lot of SNG's but I could probably 12 table these bad boys and make some decent cash.
     
  18. jsmanuel jsmanuel is offline

    Lafayette, LA
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    Oct 17th, 2008 (10/17/2008 4:54pm) in reply to fstick77

    Come rail if you like. I am starting at the $10.80 non-turbo and going to try to get to, and play, the $108 without stopping. Single table experiment for a bored afternoon project. Chat is disabled in these once it gets 7-handed.

    jsmanuel on stars, obv.

    I figure once I get to the $108, if I cash in it, I'll withdraw $100. Rinse and repeat. Why not?
  19. jsmanuel jsmanuel is offline

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    Oct 17th, 2008 (10/17/2008 5:53pm) in reply to jsmanuel

    Off to the $21.60, I've noticed one small problem though. The rake prevents this, especially with the jump from $21.60 to $54.

    $10.80, win and cash for $20. Profit $9.20

    $21.60, win and cash for $40. Profit $18.40

    After the $40 cash and the profit from the $20 cash you're still quite a few dollars short for the buy-in to the $54.
  20. fstick77 fstick77 is offline

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    Oct 17th, 2008 (10/17/2008 5:56pm) in reply to jsmanuel

    Keep up the good work! Make me look like a genius.
    Thread Starter
  21. ACEmagnet ACEmagnet is offline

    Kelseyville, CA
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    Oct 17th, 2008 (10/17/2008 6:00pm) in reply to jsmanuel

     
    Originally Posted by jsmanuel View Post

    KK and the damn Ace magnets. That idiot has been playin any 2 suited cards all game.

    I had position and they were sooooooted
  22. SickHand89 SickHand89 is offline

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    Oct 17th, 2008 (10/17/2008 6:11pm) in reply to ACEmagnet

    I'd rather just stick the $5 in a cash game, and try to build it up that way. I hate those double up SNG's.
  23. jsmanuel jsmanuel is offline

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    Oct 17th, 2008 (10/17/2008 6:27pm) in reply to SickHand89

    Ok I just won the $21.60, but I don't have the $54 yet (only using money from these SNGs) so should I play a $10.80 or another $21.60? I am still roughly $10 short.
  24. fstick77 fstick77 is offline

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    Oct 17th, 2008 (10/17/2008 6:39pm) in reply to jsmanuel

    $10.80
    Thread Starter
  25. jsmanuel jsmanuel is offline

    Lafayette, LA
    United States

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    Oct 17th, 2008 (10/17/2008 6:44pm) in reply to fstick77

     
    Originally Posted by fstick77 View Post


    $10.80

    True. Trying to get there as cheaply as possible, that's the challenge. Will continue after a shower.
  26. jarandjar jarandjar is offline

    Derry, NH
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    Oct 17th, 2008 (10/17/2008 6:44pm) in reply to fstick77

    I like ur plan. ur math is a little off, but Im gonna try it now. wish me luck
  27. jsmanuel jsmanuel is offline

    Lafayette, LA
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    Oct 17th, 2008 (10/17/2008 6:47pm) in reply to jarandjar

     
    Originally Posted by jarandjar View Post

    I like ur plan. ur math is a little off, but Im gonna try it now. wish me luck

    What level are you starting at? I am going to play another $10.80 in about 30 minutes, so when you're at the $10.80 level you may want to play 2 before you play a $21.60 so you can have the buy-in for the $54.

    Good luck.
  28. fstick77 fstick77 is offline

    Long Beach, CA
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    Oct 17th, 2008 (10/17/2008 7:06pm) in reply to fstick77

    Okay, I just fixed the system. Added a $10.40 DorN SNG after winning the $20.80 DorN SNG. Just have to finish ITM in 6 straight to make this happen. Piece of Cake
    Thread Starter
  29. jarandjar jarandjar is offline

    Derry, NH
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    Oct 17th, 2008 (10/17/2008 7:09pm) in reply to jsmanuel

    Im starting at the $5.00 level.

    edit: Due to the big jump after the $20.00 level I have decided to use the $5.00 buy in to build $40.00 roll. and I will use the $40.00 roll to finance ninja style attacks to win three in a row and make another $40.00. I think this is the best plan to make some $$$ than trying to win 6 in a row

    edit2: Im going to play 2, $5.00 turbo. that will give me $10.00 of profit to buy into the $10.40. Ill just pay the rake out of pocket and subtract it from the final profit. If I could win four in a row I will have about $38.60 of pure profit to try and do it again. fwiw I won my first one
  30. jsmanuel jsmanuel is offline

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    Oct 17th, 2008 (10/17/2008 7:16pm) in reply to jarandjar

    Only thing that sucks once you get up there (if you lose) there goes all your hard-work, regardless if you only lost your initial investment - time is money.
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