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1$-20,000$, Who Did It?


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I'll bet u 20k you cant do that(think about, it's win win for you, if you do it, you get that 20k and my 20k, theres no downside!)
wouldn't the downside be that if he doesn't make it, he loses $20,001? seems like a pretty significant downside to me...
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I'll bet u 20k you cant do that(think about, it's win win for you, if you do it, you get that 20k and my 20k, theres no downside!)
if you want, i'll take that bet. you'd have to put the 20K in escrow. as i don't have 20K the best i could do would be a promissory note or the title to my van (around 15K).i would be allowed 10 $1 tries and eight months to do it.
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I'll bet u 20k you cant do that(think about, it's win win for you, if you do it, you get that 20k and my 20k, theres no downside!)
If i get to 19,990k ill take it
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I think alot of winning players could do it if they didnt HAVE to use the money they need for rent. I know that if I could afford to take 6 months off and just work on this "project" that I could prolly do it. Just saying.

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the similiarities have been discussed before. smash's strat is optimal too.
optimal isn't the right word, and it is exploitable, from what i hear strategies like this only work on the lower limits where people don't understand what you're doing. try it at 5/10NL and i can assure you you won't make a dime. At the low limits this is probably a winning game theory strategy, but if youre at the wrong table it won't work and no matter what kind of table you are not this is not optimal.
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i read about this in an article online a while ago. i don't remember where.ferguson was trying an idea developed by another guy. i can't remember the guy's name. i'll call him tim.i think tim had a background in math. he came up with the theory that you could profit by only pushing premium hands. someone touched on it in this thread.the rules were to sit down with the minimum buy in. you have to push preflop with aa, kk, qq, or ak, and fold everything else. most of the time you're way ahead with these hands when you're all in. if you bust, buy in for the minimum again. if you win, get up from the table and sit somewhere else with the minimum buyin.the idea was to only have a small percentage of your roll at risk on the table at a time. if you didn't get up when you doubled up, you'd have twice the amount of your roll on the table at risk (roughly).tim figured that with only pushing premium hands, you come out ahead from when you pick up blinds and your ev when you get called.it takes a loose game for it to work. tim tested in at the 2-5nl tables in a vegas casino. he averaged $28/hr. he told ferguson about it and ferguson turned $1 into $25K in 5 months. the article didn't say where ferguson played; i assume it was online somewhere with micro limit tables.i tried it on full tilt with the last $10 i had there. ft has the cap nl games, which works nicely for this method because you essentially can't lose more than a minimum buyin with the capped pot. i think i started out on an upswing, but it did work even after my variance leveled out. i ran my $10 up to $100 before i got bored and started playing other games again.

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optimal isn't the right word, and it is exploitable, from what i hear strategies like this only work on the lower limits where people don't understand what you're doing. try it at 5/10NL and i can assure you you won't make a dime. At the low limits this is probably a winning game theory strategy, but if youre at the wrong table it won't work and no matter what kind of table you are not this is not optimal.
you right. i've now been up for 30hrs but i think it was like 24 or something when i wrote that. ferguson used his strategy as high as the 25/50 level as far as i know.i'll have to think about the smash strat being optimal or exploitable after i've had some sleep. i don't know what color it is outside.
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Heres an update on my 1-20k in 3 months....I started yesterday and didnt lose my dollar. Im up to $16 after day 1....Took time out to play for real, but played for about an hr time to get up to 16. I also took out a dollar to make a 7 team parlay which I missed by 1 game thanks to the Zags covering. So day 2 my goal is to play for about an 1hr or 2 again depending on how I do in the tournies today. Hoping to get up to 40 bucks by the end of the day so I can move up a level. I know no one cares at this point so dont make to much fun of me. But, in 3 months time you'll be like I know that guy. :club:

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  • 2 months later...

I just watced Jesus talk about this on a show from the UK at http://www.pokerupdates.com/html/pokerzone.html He would say that what he would do is the 5% thing at the table, then if he would bust out he would drop down in limits. He said that the toughest thing to do was to stay disciplined and drop down. Moving to the $10/$20 was the toughest jump though.

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