No asking for permission, suggestions, etc. Here is it, the 15BB Challenge to the Micros.
Why: As we follow our BR nit journey through the limits, each new limit is a big shock. Here's a way to parlay a short rush up through limits and gain experience. Given the low initial buy-in (relative to your total BR), you are risking very little RoR wise.
HOW: you pick a starting level. You turn off auto rebuy, and you buy in for 15 big bets. You go bust, you go bust. You don't have to go all-in; you can quit whenever you want. When you hit 15BB (big bets) for the next limit, you quit and take your new "bankroll" to that limit. Rinse and repeat. If you're on FTP, you get a nice 8/16 level to help you up. On PS, you have a big jump from 5/T to 10/20. You can choose to play to your BB or quit immediately. Your chances of moving up are slightly better if you sit out right away, but if you're in a good game, you're sacrificing EV. No sissy moving down.
When can I quit? Whenever you want. It it probably a good idea to have an idea of "life changing money". For example, a .5/1 player who makes it to 15/30 would have ~$500 in front of him and potentially an amount larger than his whole BR on the table. The idea is to reset your threshold of fear and play at new limits. Quit then, or consider it an insane parlay. All up to you.
What limit do I start? It depends on you. I'd recommend starting at your highest normal limit or one limit higher, if you're comfortable with your BR. The idea is to chase a win up to see new heights. Play 6m, FR, or HUHU. As long as it is LHE, I don't care.
What do you get? I'm offering two $5, American prizes.
One prize to the person who plays the highest as part of the challenge. To qualify, you have to move up three limits. From the start. So, if you start at 2/4, you need to play at least 10/20 (or 8/16 on FT).
The next $5 prize is to the player who winds up playing the furthest above their normal limit (let's say that is the highest limit where PTR shows you have 10k+ hands or well determine some other way if you don't have 10k hands). Let's say you have to move up at least twice. So, if you're normally a .1/.2 player, you start the challenge at .5/1 (because you're a baller and can spare the $15), and you win up at 5/10, you'd be 6 limits higher than your normal limit and have a good shot at this.
All prizes by transfer either on PS or FT, disputes resolved at my discretion.
Other prizes? Post 'em here. More the better. Person offering the prize is the final judge on the award.
When? Now. Post that you're starting here. I'll check the thread after the weekend and start shipping winnings to my two prizes. Go for it. Post graphs, session summaries from HEM, and whatever else goes. Have fun. Someone mentioned that the record for one of these was 50/100, but I have no idea. I'm putting out my $10 to get this started. Go forth and prosper. Play as many times as you like.
I'm sure others will come up with better, but here are some old threads.
Old threads:
Here
Here not exactly the same thing
Here
Go forth and be epic, micros.