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Ed's Poker Goals 2014-2018

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  • Ed's Poker Goals 2014-2018

    Post 1 - Overall Plan

    5 YEAR PLAN

    Aim to improve all aspects of my game through studying and reviewing.

    Add $400 to the bankroll each year to reach $2K at end 2018.

    Play mainly No Limit Hold Em MTTs, some sitngos and minimal cash.

    Move up levels when bankroll permits, using solid and conservative bankroll management.

    Make regular small deposits of $10+ up to a $200 maximum TOTAL any year.

    Take advantage of available promotions such as the Privilege Freerolls and PSO Skill leagues to boost the bankroll.

    Review quarterly bankroll targets to ensure I don't push too hard or move up too fast if I hit a big win early.

    Allocate available bankroll at beginning of each month.

    Plan each months play by setting limits for each game type and stick to them.

    General MTTs
    Use solid bankroll management of 100 buy-ins for MTTs and satellites, starting with $10 for $0.10 MTTs
    Move up stakes only as bankroll rules permit.
    Tickets won through satellites can be taken as T-money or played as a shot at a higher stake game.

    Sitngos
    I won't play many sit'n'gos until I have enough in the roll to have a separate bankroll with a good number of multiples for any level/type. I need to review what is good bankroll management for single table/larger field sitngos. I will start using 50 buy-ins for all sitngos - other than odd games played for promos.

    I also need to revisit training materials for specific types, such as Heads Up and Fifty50 single table games or the 45/90 player microstakes before playing any.

    Cash Games
    I will mostly be avoiding cash games and playing minimal amounts. When I decide to add them back in the mix it will be with conservative bankroll management and again spending a lot of time training and reviewing. I will allocate a minimum $10 per month to play cash games for promos, PSO home cash games, to earn a few VPPs and to give me some hands to review.

    Pure Fun
    I will keep a small side pot to my main bankroll available just for fun games - such as the PSO Home Games series or one off Sunday Specials. Also available for any small staking/shares I wish to invest in at PSO. Any profits arising can kept for more fun stuff or could be moved into the main bankroll.

    Shares & Staking
    I offered shares a few times in 2013 and overall it was a good experience.
    I will have to consider if I want to run more in future and how they fit in with my overall plan.

    ************************************************** *********************************************

    One ultimate goal will be to take a trip to Vegas or another gambling world capital funded entirely from poker winnings. That would need a few thousand dollars. But I'm starting small.

    Before anything changes I need to improve my game dramatically and become a consistent winning player in all formats. I stink at cash, don't play much sitngo, consider MTTs my relative 'strength' but am still much nearer the 'beginner' end of the scale there too.

    So, although I have no intention to become a pro or semi-pro, or even demi-pro and will remain a recreational player - I would like to have some bigger long term goals to aim for.

    I enjoy my poker and will continue to do so regardless. If I fail to make any profits in five years but have enjoyed myself I will have no complaints. If I improve and make a bit more more money but not significant amounts that will be fine. But lets aim a bit higher.

    It will be a slow burner - especially at first as I have little funds online and no inclination to deposit large amounts. However I am prepared to make regular small deposits to enable me to play games I am comfortable with and take advantage of promotions etc.

    cheers for now

    Ed
    Last edited by EdinFreeMan; Sat Feb 01, 2014, 12:19 PM.
    4 Time Bracelet Winner



  • #2
    2014 Poker Goals.

    Bankroll Targets - $400 by 31/12

    Deposits Available - $200 Maximum

    Bankroll target $100 by 31/03/2014 - Achieved $145

    Bankroll target $200 by 30/06/2014

    Bankroll target $300 by 30/09/2014

    Bankroll target $400 by 31/12/2014

    1st January 2014

    Starting Bankroll Total of $21.46 USD (prior to skill league awards received)
    87.50 FPPs
    711,033.53 Play money chips.

    Bankroll Allocated for January 2014 $20

    $10 Cash
    $10 MTT & Sitngo

    January - Games & Limits

    MTTs & Sitngos
    Any Freerolls and any Cash Buy-ins up to $0.10

    Cash Games
    5 x $2.00 stacks at 2NL cash games

    Fun stuff
    Any PSO Home series games or Live Training specials

    1st February 2014

    Starting Bankroll Total of $72.57 USD (prior to skill league awards of $18) say $90
    97.21 FPPs
    846,774.53 Play money chips.

    Bankroll Allocated for February 2014 $90

    $10 Cash games
    $60 MTT & Sitngo
    $20 Fun stuff & promos

    February - Games & Limits

    MTTs & Sitngos
    Any Freerolls and any Cash Buy-ins up to $0.55

    Cash Games
    5 x $2.00 stacks at 2NL cash games

    Fun stuff
    Any PSO Home series games or Live Training specials - any promos.

    1st March 2014

    Starting Bankroll Total of $96.10 USD (prior to skill league awards of $15) say $110
    Plus deposit to be made first week of March $10 = $120 TOTAL
    99.52 FPPs
    853,690.53 Play money chips.
    2 x $2.20 tickets from PSO series prizes
    2 x WR2 tickets


    Bankroll Allocated for March 2014 $120

    No Cash games
    $110 MTT & Sitngo
    $10 Fun Stuff / Promos

    March - Games & Limits

    MTTs & Sitngos
    Any Freerolls and any Cash Buy-ins up to $1.10
    Any higher buy-ins in micromillions via satellite tickets or as part of share offer

    Other stuff & Fun Stuff
    UKIPT Nottingham Turbo Round 1 Satellites
    Astronomer Freerolls and WR2 tourneys
    Open Skill Leagues
    Privilege Freerolls
    Any PSO Home series games or Live Training specials - any promos.

    1st April 2014

    Starting Bankroll Total of $134.98 USD (prior to skill league Shooter Factor award of $10) say $145
    96.84 FPPs
    913,526.96 Play money chips.
    1 x $2.20 ticket from PSO series prizes
    1 x $3.30 ticket from Freebuy
    2 x WR2 tickets


    Bankroll Allocated for April 2014 $145

    No Cash games
    $145 MTT & Sitngo

    April - Games & Limits

    MTTs & Sitngos
    Any Freerolls and any Cash Buy-ins up to $1.50
    Any higher buy-ins via satellite tickets or as part of share offer or special promotions

    Other stuff
    UKIPT Turbo Round 1 Satellites
    Astronomer Freerolls and WR2 tourneys
    Open Skill League
    Any PSO Home series games within the above limits

    2nd May 2014

    Starting Bankroll Total of $164.47 USD
    98.10 FPPs
    916,284.96 Play money chips.
    1 x $215 Sunday Million ticket from Online Poker Show Freeroll
    1 x $3.30 ticket from PSO Freebuy
    1 x $2.20 ticket from PSO Home Games series prize
    1 x $1.50 sitngo ticket from PSO Promotion
    1 x SCOOP Warmup
    1 x Big Bang entry from blog
    1 x WR2 tickets


    Bankroll Allocated for May 2014 $160

    $10 Cash games
    $150 MTT & Sitngo

    May - Games & Limits

    Cash Games
    2NL maybe only PSO Live Training

    MTTs & Sitngos
    Any Freerolls and any Cash Buy-ins up to $1.50
    Any higher buy-ins via satellite tickets or as part of share offer or special promotions

    Other stuff
    UKIPT Turbo Round 1 Satellites
    Astronomer Freerolls and WR2 tourneys
    Open Skill League
    Any Freeroll/Freebuy promos
    Any PSO Home series real money games within the above limits
    Last edited by EdinFreeMan; Fri May 02, 2014, 07:54 PM.
    4 Time Bracelet Winner


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    • #3
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              • #8
                Post 8
                Last edited by EdinFreeMan; Thu Mar 27, 2014, 02:37 PM.
                4 Time Bracelet Winner


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                • #9
                  Originally posted by EdinFreeMan View Post
                  One ultimate goal will be to take a trip to Vegas or another gambling world capital funded entirely from poker winnings. That would need a few thousand dollars. But I'm starting small.
                  Hey, that sounds like fun!! GL Ed!! umbup:

                  Comment


                  • #10
                    Originally posted by TrustySam View Post
                    Hey, that sounds like fun!! GL Ed!! umbup:
                    Thx Sam - still working on the plan. Goal for this year is pretty much finalised as getting the roll up to $500 - through MTTs/sitngos and minimal cash - but really I want in the long term to have ten times that - roughly $5K roll would be a substantial figure to have with no qualms about playing lots of MTTs up to the $55 level most below that - but would support a shot or two at the Sunday Million. Then I would need to hit a big score at those higher buy-ins to justify a trip to Vegas. But - goal setting is all about having something to aim for. Ed
                    4 Time Bracelet Winner


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                    • #11
                      hey ed
                      nice long term goal but you don t need to play big$$$ to get there. cashing 1st in a mtt of 2.20 puts you a third of the way there and i know you got the skills for that. play where you think you have an edge.
                      sngs are a good place because of smaller field and it s fairly ez to maintain a +ROI and 20%itm


                      GL
                      6 Time Bracelet Winner


                      Comment


                      • #12
                        My playing plan for January is just to take $20 and play for fun - $10 for cash and $10 for tourneys and sitngos. Hope to get a boost from the pokerstars/PSO promotions too. I might make one or two small deposits later in the month to take advantage of Privilege Freerolls and the Jan Daily Challenge - and I want to play more real money games in the monthly PSO series

                        Hi Ed
                        you probably know already but in case you dont if you get chrome star you get the 100k privilige ticket for the month but you have to go into the store and get one each day as they run out after 24 hours.
                        sorry to bother you if you already knew but from your statement above which i copied and paste you mention about depositing to get the ticket.
                        good luck with your goals EDIN.
                        paul.

                        Comment


                        • #13
                          thanks wetmoose and jokerace

                          still working out my plan - but those are both good advice about things to consider.

                          As I am going to stick mainly to MTTs I should have 100 buy-ins - which is very limiting starting with the $20 I allocated for this month. The upside - as wetmoose says - is that when you do run well and have a deep finish the multiple of the buy-in that you win can be very high. So that is a great boost when you hit one, but won't happen often. It is classic high-variance poker and why I am trying to work out a schedule that can adjust for when I run good or bad - but if I hit a big score I won't go mad with.

                          jokerace's point about free access to the Privilege Freerolls is something I knew but it is a good reminder.

                          I deposited once this month on the 9th and will do so again for the last Daily Challenge ticket on 31st. That will get me access to the Privilege Freerolls until end of February. I haven't made Chromestar since about August last year - as playing mainly small stakes MTTs earns very few VPPs.

                          I don't mind that - I am aware of it and won't push for VPPs unless there is a clear benefit. As I am planning to make regular small deposits to boost the bankroll I don't need to worry about Chromestar status for the Privilege Freerolls.

                          Thanks for the input guys. I will formalise this plan by the end of the month!

                          Cheers

                          Ed
                          4 Time Bracelet Winner


                          Comment


                          • #14
                            Started the year with just over $20 - plus $16 league prizes received on 1st/2nd Jan.

                            Bankroll is now up to $72.57 - with $18 due from the January leagues. $90 still aiming for $100 by end of March.

                            I made two small deposits in January total £15 about $25 - I will make at least one more in February for $10+ around the 10th when my Privilege Freeroll ticket expires.

                            As long as I stick to the plan and don't lose loads I should make the quarterly target easily.

                            Discipline is good so far - just need to keep it up.

                            The opening post is now fixed - I won't edit it again. I know my goals and how I will try to achieve them. The process of thinking about this seriously has already improved my approach.

                            Looking forward to February on the felt.

                            Ed
                            Last edited by EdinFreeMan; Tue Apr 01, 2014, 06:21 PM.
                            4 Time Bracelet Winner


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                            • #15
                              I cannot edit earlier posts so I am copy/pasting/editing this from above posts.

                              2014 Poker Goals.

                              Bankroll Targets - $400 by 31/12

                              Deposits Available - $200 Maximum

                              Bankroll target $100 by 31/03/2014 - Achieved $145

                              Bankroll target $200 by 30/06/2014

                              Current Bankroll $195.76 at 24/05/2014


                              May - Games & Limits

                              Cash Games
                              2NL maybe only PSO Live Training

                              BROKE MY BRM RULES IN MAY AND PLAYED CASH AT 2NL/5NL/10NL

                              Thankfully my first loss of discipline at the cash tables this year worked out positively.

                              I made a profit above $20 over roughly 4,000 hands. I am pretty sure that I didn't play at all well, so it was maybe more luck than judgement. I probably wont play much cash again for a couple of months but I have a fair bit of review to do over these 4K hands.

                              It has left me very close to my target bankroll for the first half of 2014 - so I don't think I have to change much at the moment. My playing volume is pretty low these days so happy to keep slowly building the bankroll.

                              Ed
                              4 Time Bracelet Winner


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