Mike's blog

It's not worth it for me to ask this in the Main Poker section, so hoping I get some answers here.

Right now I have a bunch of people (friends, family) willing to stake me to try my hand at poker.

Could someone just give me an example of a long term stake, i.e. Person A gives X amount of dollars, and what is expected of both parties?

Thanks.

PS: Any other general advice is appreciated, too.

0 votes

Comments (7)

Let's start with a summary of my last blog.

"I'm 18 in July and want to hit NL50 by September, which is unlikely, so I'm looking at maybe November, I am planning on starting with $200 at NL10 from free promotions etc."

So how do I do this?

I feel like I have a good grasp of the game, however I'm not 100% sure so I'm carefully avoiding the banstick for now, leading most of my posts regarding hands in Low Stakes with something along the lines of "I'm not sure... kind of new... better ask someone else... but I think that [whatever it is] is the best play here." And then I write the thinking behind my statement.

I know I can't really understand where I'm at until I play for myself; all I have is about 5k hands played total at NL10.. eventually I was 12-tabling (friend's account). While dumping a load of hate on the shortstackers, I started to wonder if this style of play, (played effectively,) can be good for a player like me? Players are generally quite bad at the lower limits, and shortstacking makes many decisions much much easier, and there is (I think) less risk to a strategy like this. On the other hand, I feel I am competent and can beat the NL10 games at least.

My problem is my discipline (or lack thereof). I see a lot of incredibly bad beats when viewing hands, and I'm not sure that I can take it. My parents have told me that if I lose this initial $200, they won't allow me to ever deposit into a poker room again. I understand that by this point I'm 18 and an individual, but it's the whole Asian parenting concept of respect etc. and I've already pissed them off quite a bit these last 17 years.

I've heard that NL5/NL10 are the grindiest levels and pretty much I want to get through that as quickly as possible. However, I absolutely cannot afford to lose this. Maybe I should stake someone who I know is competent?

I am continuing to study poker through LP, watching games, playinglivewithfriendswhichisn'tthathelpfulbutheyI'lltakewhatIcanget, reading books, etc. The book-reading is more to see what other people may or may not be reading, and how others view the game. This is all about learning to me, as I have been in love with game theory for a number of years, but being able to pay tuition ($4k a year) is definitely a goal which I think I can reach eventually.

For the record, I think I can play 5k-10k hands a week.

To sum up:
-- Not wanting to risk my bankroll to a nasty downswing/tilty play/just bad play, but
- I think I am adept enough to beat NL10;
- I have the drive to continually learn.
-- Bigstack play or Shortstack play?
-- $4k a year too lofty of a goal? How many hands of NL50/NL100 will that come to in a year? Assuming I play a solid, TAG game?
-- How many hands does it take an average player to advance from NL10 to NL50?

Thanks in advance if I get any answers.

PS: I can't register for the free offers at LP, but what is actually free and not some sort of "get points to generate $ bonus"? I know:
CDPoker is $50
VCPoker is $10
Refer a Friend is $7.50 each
What exactly is the promotion for Titan?

Anything short of $200 comes straight from my wallet. But I know enough other promotions that can probably add to $200.

Thx for reading!

0 votes

Comments (3)

Hey guys, I'm new to LP. ^_^

Mikeymoo at TL. I'm not actually good at SC at all, I just like following the eSports scene.

I'm also underage, but my 18th is in 6 months, so I thought it was time to finally register here, as I've been lurking for about 6 months now. Just never had anything to say.

Just a few questions for those who have already climbed the micro limits:

About how many hands did it take, personally, for you to get from 5NL to 50NL?

My goal is to get a full-time job over the summer, and dedicate myself to maybe 5 hours a day on weekends and maybe 2 on weekdays. Using friends' accounts, I manage to 16-table 10NL; they let me cash if I profit, and I pay them in cash if I run bad.

I run at about 5bb/100 (is that the proper terminology?) at 10NL.

What then, is the point of me joining LP if I can't play for another 6 months?

I intend to study as much poker as I can, and gain all the information that I can so I can crush the lower limits, control my discipline (biggest problem atm), and eventually get to the point where poker can provide maybe 5k a year. (Tuition fees)

Hopefully I can get 10k hands in a week. Since my birthday is mid-July, is it reasonable to want to hit 50NL by September? (60k hands?) If not, how long will it take? I'm aware that none of you know how well (or badly) I play, and it's difficult to gauge, but all I can say is that I'm an avid game theorist with the drive to want to continually become better.

Thx for reading.

0 votes

Comments (9)