On January 9th 2012 I’ll be starting a New Year bankroll challenge. My aim is to turn an account balance of £51 into £1,051 on the Sky Poker tables (ie a profit of £1,000) without making any deposits.
To give me added motivation I’ve decided to offer the following;
Free Competition
*****Competition Now Closed for Entries*****
Make a guess of the date you think my challenge will end and post it here. I will award a £20+£2 Sky Poker tournament token to the closest guess. I’ll also donate the same sum (£22) to a charity of the winner’s choice. My challenge will end when I either reach my £1,051 target, or go busto, whichever happens first. The closing date for competition entries is midday on 9th January 2012.
How will it work?
On January 9th I’ll make a withdrawal that will leave exactly £51.00 in my Sky Poker account. I will then start my challenge, initially playing in micro-stakes STTs. When my balance grows sufficiently I’ll increase stakes and switch to mainly MTTs. I’m a tournament specialist and it’s highly unlikely I’ll play in cash games at any stage. Due to my work shifts I only play poker in the late morning and afternoon. At these times the fields are fairly small. It's very unlikely you'll see me entered in any of the bigger evening tournaments.
Throughout my challenge I intend to be a bankroll nit and stick to strict BRM rules to minimise the risk of going busto. I have decided to use a 40 buy-in rule; ie I will only enter a tournament if my account balance is at least 40x the buy-in. Any legitimate means of winning money will count. I intend to enter as many forum/Facebook/Twitter competitions as possible to try and win free tournament seats and I'll use my excess poker points to enter freerolls. My Cash for Points bonuses will probably be around £5 to £10 per month. Progress will be documented here, diary fashion with full results and latest balance.
Do you think you'll succeed?
I think my chances are pretty good. I’m a winning player on Sky Poker and have made a consistent profit since I joined just over 2 years ago. The danger period is the early stages when my balance will be well below my comfort level. If I run badly when I start the challenge there’s a risk my balance could drop towards zero. If this happens I'll play at the lowest stakes only and stick to low variance games like DYMs. If I can successfully grow my balance to say £200 I think the danger of going busto becomes very low and eventual success is almost certain. However, if my account balance does fall to zero at any stage this quest is over and I have failed.
How long do you think it'll take?
Several months if I succeed. I play at a relatively low volume compared to many players, and I’m going to be playing in micro/low stakes daytime tournaments throughout. Big individual wins are unlikely due to the small field sizes. A slow steady growth will be my aim. If I run badly at the start and go on tilt (hopefully not!) there’s a risk I could go bust and it’ll be over fairly quickly.
Any other questions?
Please post questions on this thread at any time during my challenge and I will get back with an answer as soon as I can.
Good luck everybody (and good luck to me!).
Guesses so far
January 10th aussie09
29th wynne1938
60th Elsadog
February 9th Glenelg
18th silver8ack
29th EvilPingu
March 8th billyboots
18th ms.tree
21st wenelinho
27th SUPERSNEDD
April 1st logdon
2nd SolarCarro
4th wayne1958
7th bigal36903
10th bigrick91
12th liamboi11
17th 1267
22nd ajmilton
24th chris1963
26th MP33
May 1st imber
2nd ste1722
7th dubmaster
10th drumahai05
15th JingleMa
16th DOHHHHHHH
25th Poker_Fail
June 6th covwolf
12th WWFCBlue
16th kaymac
17th kennybad
22nd Boxster
23rd BCFC_CHU
26th scotty77
July 2nd SAV4BP
3rd stokefc
4th DTWBANDIT
10th Kiwini4u
16th Dudeskin8
20th lennyh
27th smarr
August 1st nbjv
21st SLAVERFiSH (entry submitted on Twitter)
September 2nd barnsie
15th DEL560
October 9th walesboy
22nd joe759017
November 10th SoLack
11th ricky1984
December 21st DrSharp
24th debdobs_67
Feb 2013 27th waller02
Jan 2017 1st kb245
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Comments
Good luck Gary. If anyone can do this, you can.
Are you a Member of one of the Teams?
Yes, Team51 lol.
(sorry, no prizes for working that out!)
10th January 2012 please.
ps gl gary... if i actually win this please instead use the prize money to start again.
I guess July 27th
OK if you must; "GOOD LUCK" Over and out on Ist April.
I think your challenge will take 51 days to complete - so that's errr.... January the 54th 2012
( anybody got a 2012 calendar? )
9th Feb is my guess and good luck!
So it must be the 60th of January by your amazing logic?
Dave