Wednesday, June 3, 2009

Chris Ferguson Challenge: First Session

So just a quick correction to my last post, my opening bank roll was actually $15.03.

So I started by playing 1 cent/2cent NL ring games . . . terrible poker.  People don't fold to five cent raises.  So I sat down with $2, and quickly got down to $1.75.  I decided it would be better to play short stacked at a higher table.  

So I ventured over to a 2cent/5cent NL table.  Did a bit better here.  The people surprisingly played reasonable poker, and after an hour I worked my stack from $2.50 to $3.76.  Yes, you read that right, in one hour I made $1.26.  

This is going to take awhile.

My early reflections are this . . . this is a TREMENDOUS task, and the bulk of the work is done early on.  When I was tinkering with the percentages during my play last night, I realized that I will not graduate to a higher table until I have about $200 dollars in my bank roll.  That is light years away!  I really didn't realize what I was getting myself into, but I am really starting to see the importance of it.  According to these principles, I should not sit down at a $1/$2 NL table at a casino with $200 (my standard procedure) unless I have about $10,000 in my poker bank roll (thats laughable).  This really put things in perspective for me.  Playing session number two comes tonight . . . this is way more interesting than I thought it would be, and I will have to learn to harness my chi.  Always end with a rhyming couplet.

Day One ending bank roll:  $16.12 . . . ugh.

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