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Go Back PokerForums.org > Strategy Discussion > General Poker Strategy > Possible to make $50,000 from $2 by playing poker?


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Old 07-22-2009
Fish Food
 
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Question Possible to make $50,000 from $2 by playing poker?

Hey, this is sort of an introduction post.

I'm 0 and 1, as you can see by the handle I've picked out.

I've also got a blog that's about my experience playing poker, and other things that you all might find funny:
0 and 1

Anyways, this kind of ties in with my blog... so I realize this is a lot of self-promotion but... If you were staked just $2, do you think it'd be at all possible to somehow make it to $50,000 from just that original stake?

Nice to "meet you" all.

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Old 07-22-2009
River Rat
 
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With a ton of determination you could reach your goal.
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Old 07-22-2009
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It's possible, just very very tough and would take a longggg time. Chris Ferguson did $0 to $10,000 on Full Tilt: Online Poker at Full Tilt Poker - All Promotions: Chris Ferguson Challenge
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Old 07-22-2009
Fish Food
 
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See, that's part of what gave me the idea. Of course, I'm no Ferguson, but I figure that it should be doable if I don't make any terrible bankroll management mistakes.

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Old 07-22-2009
Chaser
 
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I always kind of laugh when people try to emulate Ferguson's challenge. Of course it's possible, but "I'm no Ferguson" seems to be drastically overlooked when people attempt this. It's next to impossible to practice good bankroll management when you only have one buy-in.
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Old 07-22-2009
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Quote:
Originally Posted by MoreheadD View Post
I always kind of laugh when people try to emulate Ferguson's challenge. Of course it's possible, but "I'm no Ferguson" seems to be drastically overlooked when people attempt this. It's next to impossible to practice good bankroll management when you only have one buy-in.
I went from $8 to $120 on the strength of my stud8 skill. Granted, I lost most of it (because I didn't start practicing good, or even bad bankroll management), but I am still at the point where I can practice good bankroll management.

Stud8 is a very good way to go when considering attempting such a thing. Not only is your variance less (you actually play very few hands, let go of more hands, and very rarely, with right play, lose the whole pot on showdown), but it is also a game that is full of the donkiest donks of donktown.

My BR goal is probably somewhere in the $6k range, $3k on Stars and $3k on Tilt. I would first like to hit $3-4k on Stars before transferring any money to Tilt. Tilt's stud8 tables seem to be a lot harder to break than the tables on Stars. I may decide to just keep the $3k BR on Stars and be done with it.
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Old 07-22-2009
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I went from $0 to about $3.50 on Stars, but now it's down to about $1.15.

Freeroll Satellite for Record Breaker Tournament
Record Breaker Tournament gave me $2.10
Then I played $.02/$.04 FL Holdem up to $3.50
Then I kept playing and am down to $1.15
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Old 07-22-2009
Fish Food
 
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The .02/.04 FL Hold Em is really easy to chip up on, since not everyone playing there is entirely serious. If you're trying to take your first steps doing this on PokerStars, that's definitely a good starting place.

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Old 07-22-2009
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This is the 1st year that I have kept a spreadsheet on my bankroll. I started January 1 with a whole new mindset to poker, trying to be a more responsible player.

I played a lot of poker last year, but never really knew where I was at for profit. Now I know all of my cash stats.

I started the year off with $100. This is basically 1 small buy in to a $1-$3 game. I've taken that $100 and ran it up to 7K in the 1st 7 months of the year. Not all that impressive compared to the money that is out there, but it's not bad for a $1-$3 player either.
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Old 09-03-2009
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Yes I believe that it is possible to do, you would have to get off to a good start of course. My answers are related to cash games only. Most pros that I have talked to believe that in NL holdem that most buy-ins should be around 100bb and you should have around 20-40 buy-ins at that level. So in a 2-5NL game, one may buy-in for $500.00 and have a mininum bankroll of $20,000 and up. I believe that a super tight player wouldn't need as much as the opposite player. One well known pro told me that bad runs will happen, you could get in with aces everytime and lose. In the long run the cards will even out, so you have to survive the swings. Thats where the bankroll comes in. He said just make the best decisions you can at the time, we all get the same cards, its just how you play them.
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