Road To High Stakes Poker
Hello everyone, and welcome to my brand new blog called Road To High Stakes Poker. In this series, we will be going on a journey to reach high stakes limits on Ignition's poker (formerly known as Bovada), playing no limit Texas Hold'em.How it's going to work:
- I have deposited the minimum amount aloud by Ignition, which is $20. Following a strict set of guidelines, we are going to see just how much we can make those twenty bucks grow.
- We will be starting at the lowest stakes, $0.02/$0.05, and make our way to the highest stakes, $10/$20.
- Playing four cash game tables at a time, and occasionally alongside a tournament table as well, we are going to rise and fall through the many different blind levels as we build our bankroll higher and higher.
- I will make posts with videos once a week of the most significant hands that were played within that past week, and explain what happened, my thought process, what I should or shouldn't have done, and even analyze my opponents' actions throughout the hand.
- Also, I will add a full session video of one of the sessions that was played in that past month. If it was a profitable month, I will post a video of the session that made the most big blinds/hour. If it was a losing month, I will post a video of the session that lost the most big blinds/hour. That way you get the most action packed session of the month to watch.
- I'm going to try to get 20 hours of play in per week.
- I will be posting daily and monthly stats of our progress along with my play style stats with the help of my HUD, Hold'em Indicator.
- $20 is low enough to have a risk of the bankroll getting wiped out. If that happens, another $20 will be deposited.
Guidelines we will be following:
- We will be buying in for table max whenever possible. So to start, it won't be possible. We are actually going to have to go table minimum. But if we have $3,500 in our bankroll, we are going to play $0.50/$1 for table maximum of $100 rather than $1/$2 for $175, when that table maximum is $200.
- For cash games, we will be buying in for 5% of our bankroll. (Exception: When our bankroll is under $30, we will have no choice but to put in more, as the minimum buy-in is $1.50.
- For tournaments, we will be buying in for 2% of our bankroll.
- Money will be withdrawn based on what blind level I am currently at.
$10/$20: $46,000+ (100%)
$5/$10: $23,000-$46,000 (90%)
$3/$6: $13,800-$23,000 (80%)
$2/$4: $9,200-$13,800 (70%)
$1/$2: $4,600-$9,200 (60%)
$0.50/$1: $2,300-$4,600 (50%)
$0.25/$0.50: $1,150-$2,300 (40%)
$0.10/$0.25: $575-$1,150 (30%)
$0.05/$0.10: $230-$575 (20%)
$0.02/$0.05: $115-$230 (10%)
Below: $0-$115 (0%)
These are the minimum amounts needed to play each blind level. Why does it look like they're less than 5%? Because we will be playing on not one table, but four at a time. So if you were playing just one $1/$2 game, you would need a minimum of $4,000 in your bankroll to satisfy the 5% rule. But if you're playing two games, you need $4,200 minimum because after you've bought into the first table for the max of $200, you need $4,000 to buy in to the next table. So with three tables, it's $4,400, and four (which is what we'll be playing) would be $4,600.
The percentages in parenthesis is how much of the profit I will withdraw. So if I start a month with $3,500 and increase it to $5,500 ($2,000 profit) by the end of four months (four months because that's how often Ignition allows free withdrawals), then I will take out 60% of $2,000 ($1,200). So the higher we get, the more difficult it will be to move to the next level as more and more of the profit is withdrawn.
Background:
I started playing no limit Texas Hold'em at around age 18. After a few years, I started playing a lot more seriously and decided to become a poker dealer. I dealt for a few casinos in Southern California for three years and stopped dealing about a year and a half ago.
Since then, I've spent a lot of time playing online. I deposited $100 and managed to turn it into $1,250 with the help of a $5 entry, $4,000 guarantee tournament in which I finished 1st out of 877 players, which paid out over $900.
I'm a very methodical player and I've spent a lot of time working on my strategy for poker. My strategy has evolved quite a bit. Many changes, some small, some very radical, have been made to it until it's reached the point where I haven't needed to make any significant changes in a long time. But of course, it's not perfect, and no strategy will ever be. I never stop learning more and more about the game, and I'm sure even the pros learn something new in almost every session they play.
I like to play an aggressive style; tight-aggressive in cash games, and loose-aggressive in tournaments. I treat a tournament like a cash game until the antes have arrived. That's when I kick the aggression up a notch because that's when it becomes worth stealing to me. I play as balanced as possible as that's the key to staying unreadable to my opponents. I'm not afraid to triple-barrel bluff every now and then, given the right board.
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