Hi everyone! First a little on my backstory!
I recently started poker around 2 months ago and been a donkey on full tilt not using any bankroll management at all, dispute it being pretty difficult to put money on poker sites currently I managed to get $50 on pokerstars and plan to use bankroll management to built it up as high as I can!
As most of the bankroll management donkeys do I plan on using Chris Ferguson's Bankroll Management which is
I'll never buy into a cash game or a Sit & Go with more than 5 percent of my total bankroll (there is an exception for the lowest limits: I'm allowed to buy into any game with a buy-in of $2.50 or less).
I won't buy into a multi-table tournament for more than 2 percent of my total bankroll and I'm allowed to buy into any multi-table tournament that costs $3.
If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of my total bankroll, I must leave the game when the blinds reach me.
I changed the amount of MTT from $1 to $3 as I want to try to play at least 5 MTTs a week with the maximum of 10 as I really enjoy them.
For the most part I will be playing MTSNGs of 18-45 players possibly moving up to 180 once I get more comfortable with my game and have a bigger bankroll.
The gameplan -
For every 4 hours of play, study for at least 1 hour, weather it be hand history, videos on deucescracked or reading the forums.
I will be posting a daily update which will always include a lifetime graph, sometimes a daily graph as well.
My goals -
As I'm just starting out I don't really put in much volume, I would like to however play at least 1000 SNGs a month which might not seem like a lot to many of the grinders it is a lot to me currently, but as time goes I will have no problem!
As I said earlier play at least 5 MTTs a week, with the maximum of 10.
Reach $1k and beyond!
Update this thread daily, I'm hoping it gives me the motivation to keep grinding!
Thanks for reading my thread and wish me luck!