Showing posts with label pokerstars. Show all posts
Showing posts with label pokerstars. Show all posts

Monday, November 17, 2014

0 to a million in 1 year playing online poker. part 6. Back to Basics

Well i just thought i would explain some basics of poker for you who don't know

TEXAS HOLDEM POKER.





Texas hold 'em (also known as Texas holdem, hold 'em, or holdem) is a variation of the standard card game of poker. Texas hold 'em consists of two cards (hole cards) being dealt face down to each player and then five community cards being placed face-up by the dealer—a series of three ("the flop") then an additional single card ("the turn" or "fourth") and another additional card ("the river" or "fifth street")—with players having the option to check, bet, raise or fold after each deal; i.e., betting may occur prior to the flop, "on the flop", "on the turn", and "on the river".

So what does all that mean? What's a flop? what is a turn?

Here we go i will break it down

1. Everyone at the table gets 2 cards face side down (that you do not show to anyone else).



2. The Button. 

This represents the person dealing.

3. Small blind/Big Blind. 

The person next The dealer is the small blind.
Now the reason for the name blind is he bets blind. Meaning he has to put some money in before the cards are even delt. And the big Blind must do the same but double the Small blind. And everyone else gets to look at their cards to see if they want to bet or not.

To make it simple. The small Blind will pay $1.00 and the Big blind will pay $2.00.

This can change, depending on the games you want to play.
This can be 1c and 2c blinds or $1000 $2000 blinds,
So we start off low and play at 1c and 2c blinds and then you get better you can go to games with bigger blinds.
Like
(5c 10c)
(10c 20c)
(25c 50c)
(50c $1.00)
($1.00 $2.00)
($2.00 $4.00)
($5 $10)
($10 $20)
($25 $50)
($50 $100). There are always plenty of games from play money to large amounts. You can always get regular games with $5000 $10000. per hand

What Level should i play?

Normally to play a game you want 100 x the big blind to play per game.

So you login and look for a game that is in your budget.
If it is 1c and 2c blinds.
You will need to bring in $2.00 to the game. (2c X 100 =$2.00).

And if the blinds were $1, and $2 you would want to bring in $200.

Just one more thing before i tell you about the rest of the game.
The above example of $2.00 a game means just that you will ned $2.00 to play that game.

So if your total bank balance is $2.00 you will get 1 game if you lose. So i work on having 100 x Buyin ($2.00) = $200 So you want

Example 1. 

Total bank Balance $200
Max bet per games $2.00
So look for 1c 2c blinds.
Total minimum games you can play 100

Example 2

total bank balance $1000
Max bet per game $10
5c 10c games.

So in my formular you will need $20,000 before betting on $1 2 blinds

= $200 So you want
Total bank Balance $20,000
Max bet per games $200
So look for $1 $2 blinds.

Ok back to the game.

The small and big blind automatically bet. And the big blind amount is now the minimum bet you can bet.

Then the cards are dealt. Everyone can look at their cards.

From here you decide two things.
I should i play   or i shouldnt i play.
We decide this on how good our hand is.
If you don't want to play you FOLD and you wait untill the next hand.

If you "want to play" you have 3 options.
You can Call
You can raise.


This means you put the same amount of money as the Big blind

SO the person to the left of the big blind is first he needs to put in  2 c. to play. Or he can bet more. It then goes around the table.



LEARN ALL HOW TO PLAY POKER HERE

Weekly target $3.80
Weekly actual $227.48Previous weekly total $154.23
Increase $73.25
Total Per hour $00.43c


Oh by the way whooo hoo we made it over $200


Tuesday, November 11, 2014

0 to a million in 1 year playing online poker. part 5 (arrrrrrgh)


This week we are hoping to hit the $200 mark.

Euro
So we can move up levels and start accumulating bigger. (Or losing bigger). But we will continue the same strategy. We are also building up a lot of player points. So we have decided to stick to the Plan and play cash games tables. If we want to use the points for tournaments, it is on our own time.

I won't be playing them. But the other guys are itching and have spare time on their hands. As long as it doesn't effect their game I don't care. We risk nothing and stand to gain a lot.

Day 22 $141.00 We actually have gone backward since last week.
Day 23 $144.13 Building back up
Day 24 $158.01 Back over where we started
Day 25 $156.23 Slipped a little
Day 26 S149.84 Slipped a Lot
Day 27 $152.67 Back over where we started
Day 28 $154.23 Small but much need moral booster.

Poker

Weekly target $2.90
Weekly actual $154.23
Previous weekly total $149.23
Increase $5.00
Total Per hour $00.02c











$5.00 only $5.00 for 168 hours work. 

Quite Shocked. We did nothing wrong. It was 
just one of those weeks. I won't lie it hurts but it was not a loss. So I can not complain. Just regroup during our weekly meeting and take it out (get $200) in the next few weeks.






Tuesday, October 21, 2014

0 to a million in 1 year playing online poker. part 2.

If you remember My goal was to make $1000,000 on online poker.
We have had a great start week.
First off we are starting from nothing so we have only 1 way to make money.
That is free rolls. A free roll is you get a game for free and  you can win cash prizes.
And they are limited.
Here goes.


Day 1 Nothing
Day 2 Nothing, still honing skills
Day 3 Still nothing but these free rolls have over 2000 people in it.
Day 4 Eureka I have won $2.00 on a free roll.

With the winnings
 I spent $1.00 playing a 1 dollar satellite tournament. Which put me into a tournament that could potentially win me a Ticket to a Tournament that has a first place is $9000 but i'm hoping to finish "in the money" win around $5.00 or so.
I did get a ticket there was 6 players and I won. And the Tournament for the $9000 is Next week.
With my 2nd dollar i want to play cash tables . Where I will have to play very tight. as I cant go all in, I cant take chances. Minimum buy in is .70c so if I lose I wont be able to play again until i win another free roll.
Day 5 The other guys did well And have increased the $1.00 to $4.80
Day 6. Finished the day at $9.00
Day 7 We are just playing tight 1c 2c games and this bit is scary as we want to get to a level where we only risk 1% of our bank roll. Now that would be 9c. So we have to use a dollar at a time. We have been lucky so far. But We have cleared the week at $15.45

We are sticking to our same strategy until we hit $200 where the buyin for the 5c games are $2.00. And we will only risk $2.00 (1% of our bank roll) a game.

For the record.
$15.45 over 168 hours (7 days) works out at about 9c an hour.
or 3c an hour when split 3 ways. Don't quit your day job to quick before you try this.

 So i will report back in 1 week with my update.






PART 1 Click here

PART 3 Click here