$10 Into $100,000

[SGFULTON83 0]

Good luck. I'm doing a $10 challenge starting today, but only playing .10/360 SNGs.So... for example, if you're playing $1/$2, and you lose, you will never move down to .50/1? I don't think that's going to be very easy. I think LHE would be better for this challenge.

Got your Tylenol ready?

[Chris-LFC 0]

just saw daniel get busted by quad kings,ouch,the chat box was going crazy,surely thats gotta piss people off lol

[DanielNegreanu 141]

That was sick!!! Had my 2.60 up to like $8.37 in a game and run KK into AA on a board of 7-7-10-7... brutal. Great game too with a guy shipping $5 in every hand. Oh well... still up $0.44.

[BandiChime 0]

That's good. I thought the challenge was over after that hand and you were trashing your house

[dreamcrusher28 0]

That was sick!!! Had my 2.60 up to like $8.37 in a game and run KK into AA on a board of 7-7-10-7... brutal. Great game too with a guy shipping $5 in every hand. Oh well... still up $0.44.

If you want to lose the rest of todays profit we could play some .04/.08 Stud8.

[stevel999 0]

Good luck Daniel but I don't see how you could possibly be successful (I have blogged about it here: http://blindtilt.com/?p=238).I guess I am trying to do the same thing, but I started with $50 at 2/5NL and currently my bankroll is $1,229 with a $50 bonus due around the corner. You can follow my progress here: http://blindtilt.com/ .My current moving up rule is that I must have 35 buy-ins at the higher level! I am playing 10c/25NL 6max atm. My bankroll got up to $1,500 in December and I moved up to 25c/50c NL (30 buy-ins) where I immediately got hammered losing 7 buy-ins in less than 2,000 hands. So Daniel, I just don't think your strategy is going to cope with that entity known as variance.Good luck anyway and I will be following with interest!!

[rvdkruk 0]

Hi Daniel,Great challenge. Have been reading your blog for ages, but this thread made me join the forum!Just curious: Do you multitable?Do you use any tracking software?How many hours a week are you planning to put in?Are you posting strange/typical hands?Very decent pokerplayers I know have experienced 10-15 buy-in losses caused by simple variance. Are you just hoping this won't happen to you, or do you think you can play a certain way that causes lower variance? (not pushing every combodraw for instance )Hope you find the time to answer these. Good luck for now!

[Randy Reed 0]

OK, so I'm starting with $10 and playing ring game NL hold'em online at PokerStars. A few rules:1. I won't move up in limits unless I have 500 big blinds for that limit. I'm starting at $0.01-$0.02 with a $10 bankroll.2. When possible, my buy in amount will allow me 5 buy ins at that limit. For example, if I have $5 left, my buy in for the game will be $1. I'll continue to do that until I dip below the min buy in.3. I will play only NL cash games. The goal is to get to a $100,000 bankroll which would allow me to play $100-$200 NL. I'll still play other things from time to time using a separate bankroll. For example, the $200-$400 HORSE game, etc. I'll track my results in this thread, keeping track if the limit, hands played, and result. I'll also be doing videos of it at PokerVT.com.Limit Hands Played Result Bankroll$0.01-$0.02 69 +$1.37 76 +$4.9220 -$3.2525 -$2.6061 +2.20====================Total 251 +$2.64 $12.64Buy in for next session: $2.52 When my bankroll gets to $25 I will jump to the $0.02-$0.05 game. Why am I doing it? Should be kind of fun and it will help me have a better understanding for these lower limit games and the best approach to beating them.

Okay, i've been around here forever but someone needs to explain this to me. Shouldn't the first lesson of playing micro's be bankroll management? With the ridiculous play and variance at these levels having 5 buy-ins is pretty silly and not a good first lesson. Apparently you are going to take any winnings and just jump up to a higher level everytime you have a good session which would mean you could drop back to $10 anytime so you will be risking most of your bankroll alot or am I missing something?Secondly, the goal. 100,000? How long is this lesson, a couple years? I realize you can likely move up faster than the Smasharoo limit lesson but after a month he was barely 25% of the way to $1000 let alone 100X that, and he was a regular online grinder. Is the plan to just jump in occasionaly and whack out 30 or 40 hands here and there?The whole idea and goal here seems a bit umm, well pretty high expectations without alot of forethought. Help me if i'm missing something.

[Moximal 0]

Basically I think Daniel's just having some fun and doing a bit of research for some new videos for PokerVT.com. I have no doubt he's serious about his goal, but let's face it, it's not like he needs the money. It's just a personal challenge he's set for himself. Also, if I remember correctly, he's not expecting this to happen in any sort of short time-frame. I think he even mentioned as many as 3 years. I think it'll just be interesting to see how things end up going for him, and to see if variance catches up to him, or if he's able to overcome that and reach his goal. Should be fun to watch!

[Piddle Duck 0]

What is this topic doing on the Politics board?

[Randy Reed 0]

What is this topic doing on the Politics board?

hahaha

[Randy Reed 0]

Basically I think Daniel's just having some fun and doing a bit of research for some new videos for PokerVT.com. I have no doubt he's serious about his goal, but let's face it, it's not like he needs the money. It's just a personal challenge he's set for himself. Also, if I remember correctly, he's not expecting this to happen in any sort of short time-frame. I think he even mentioned as many as 3 years. I think it'll just be interesting to see how things end up going for him, and to see if variance catches up to him, or if he's able to overcome that and reach his goal. Should be fun to watch!

OH, thanks Bob.

[FCP Bob 1,312]

OH, thanks Bob.

LOL, no that's not me.Daniel loves to compete at things even when there is little or no money involved. It's why he's so passionate about our hockey pool.My guess is that variance will grab him at some point and he'll end up going broke. And yes Daniel I'm willing to make a prop bet on that.

[akoff 0]

LOL, no that's not me.Daniel loves to compete at things even when there is little or no money involved. It's why he's so passionate about our hockey pool.My guess is that variance will grab him at some point and he'll end up going broke. And yes Daniel I'm willing to make a prop bet on that.

love that!! anyone else intersted in a prop bet?

[flintsword 4]

Popular grassroots poker challenge I like this a lot and have subscribed to the daily email feed for it. Good luck and the PokerStars Team owe your wine cellar a case of red wine (Cakebread 2005 would be a good choice if they can track it down) at the very least for the idea.Good luck ... an appropriate thing to say considering that in the micro limits, they tend to play like caffienated squirrels calling anything that moves!

[desttE 0]

Sounds fun. Good luck!

[dr_karl 0]

what a try lol^^GL to you Daniel anyway ;)but i think some other kind of chellenghe would be better for you and easier to achieve, for example like 100 cashes in any live tournamens in a year or so..but as long as its fun enjoy it =

[river_me_this 0]

Good Luck Daniel hopefully I can run my roll up by doing something like this also.

[Randy Reed 0]

LOL, no that's not me.Daniel loves to compete at things even when there is little or no money involved. It's why he's so passionate about our hockey pool.My guess is that variance will grab him at some point and he'll end up going broke. And yes Daniel I'm willing to make a prop bet on that.

Ha. Since you brought it up I'll wager that if DN gets to $1000 playing within the limits I'll join PokerVT for one year. If not you (FCP Bob) has to endorse the 2009 PACT calender. (Even thought there will never be such a thing).

[El Guapo 8]

Ha. Since you brought it up I'll wager that if DN gets to $1000 playing within the limits I'll join PokerVT for one year. If not you (FCP Bob) has to endorse the 2009 PACT calender. (Even thought there will never be such a thing).

I may be able to wrestle the creator out of the depths of hell to create the 09 version. Let me know before I use my super secret powers.

[Shark527 0]

I think somebody already mentioned it earlier, but what about multitabling?If you think the plays at your current limit are goofy, try an MTT/SNG with <$1 buyin, if your curious.

[FCP Bob 1,312]

Ha.  Since you brought it up I'll wager that if DN gets to $1000 playing within the limits I'll join PokerVT for one year.  If not you (FCP Bob) has to endorse the 2009 PACT calender.  (Even thought there will never be such a thing).

I have no involvement with Poker VT so need to modify the prop bet.How about we change the PokerVT membership to you having to come up with a special but easily prepared tasty recipe for me.

[Randy Reed 0]

I have no involvement with Poker VT so need to modify the prop bet.How about we change the PokerVT membership to you having to come up with a special but easily prepared tasty recipe for me.

LOL, okay deal. I just hope I don't end up eating crow

[Piddle Duck 0]

you having to come up with a special but easily prepared tasty recipe for me.

I just hope I don't end up eating crow

So does Bob.

[Whatever 1]

I'm glad Daniel is doing something like this but I don't see how he's going to make it over like $1,000 using a 5 buy-in rule (unless he uses his super-user account of course). :)I also assume he's not going to be using any tracking software and will probably be 1-tabling?Anyway, it would be more than epic if he made it considering how easy it is to have a 5 buy-in downswing in NL.