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My quest to turn £51 into £1,051 on Sky Poker____ **** latest balance COMPLETED ****

GaryQQQGaryQQQ Member Posts: 6,804
edited September 2012 in Poker Chat
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
«13456735

Comments

  • Tikay10Tikay10 Member, Administrator, Moderator Posts: 173,447
    edited January 2012

    Good luck Gary. If anyone can do this, you can.

    Are you a Member of one of the Teams?
  • GaryQQQGaryQQQ Member Posts: 6,804
    edited January 2012
    In Response to Re: My New Year £51 ---> £1,051 Bankroll Challenge *****With free competition worth £44*****:
    Good luck Gary. If anyone can do this, you can. Are you a Member of one of the Teams?
    Posted by Tikay10
    Thanks Tikay.

    Yes, Team51 lol.

    (sorry, no prizes for working that out!)
  • aussie09aussie09 Member Posts: 8,033
    edited January 2012


    10th January 2012 please.




    ps gl gary... if i actually win this please instead use the prize money to start again.
  • MAXALLYMAXALLY Member Posts: 17,645
    edited January 2012


    I wish you luck in this Gary. I know with your determination you WILL give it your best shot and I really hope you succeed in it.

    On behalf of all TKP, may all your beats be small and all your wins be big!

    Alan
  • smarrsmarr Member Posts: 461
    edited January 2012

    I guess July 27th

  • ajmiltonajmilton Member Posts: 1,458
    edited January 2012
    April 22nd please.and good luck..don't forget Gary april 22nd. don't let me down i want that token.lol
  • kaymackaymac Member Posts: 1,437
    edited January 2012


    Good Luck to you Gary on yet another of your personal challenges. You have always succeeded in the past , so I don't think this will be any different.

    I will go for 16th June as this will also be the anniversary of the Team51 initial challenge and would be fitting if you were successful on that date.

    Look forward to following your progress m8

    Keith
  • logdonlogdon Member Posts: 1,777
    edited January 2012
     Hi Gary   Brave of you to withdraw money before your Challenge,  as Ares 51 is littered with complaints about going on a losing streak after taking funds out of Sky accounts. ?  Why would you feel the need to sit there for three hours grinding to win 85p in a free roll when you have the bank roll to play top players.  You will get no respect in 30p 60p games,  they will call you with air and hit on the river.  Why beat yourself up, clearly the Christmas booze not wore off yet. ?     

     OK if you must;   "GOOD LUCK"   Over and out on  Ist April. 
  • ste1722ste1722 Member Posts: 299
    edited January 2012
    well done gary with the team behind you you surely will do this i will go for my birthday 2nd may and if im am correct i will play a 22 tourny and any cash from that won can go to a charity of your choice cheers mate p.s lea be nice to him over this challenge 
  • Poker_FailPoker_Fail Member Posts: 1,755
    edited January 2012
    May 25th please, best of luck Gary : )
  • WWFCBlueWWFCBlue Member Posts: 245
    edited January 2012
    June 12th please, and best of luck!
  • BoxsterBoxster Member Posts: 4,462
    edited January 2012
    Good luck with this Gary. Hopefully you will keep this thread updated with your progress so we can all see how you are doing.

    I guess your success will occur on June 22nd
  • kb245kb245 Member Posts: 435
    edited January 2012
    playing in micro stakes. it will take u about 5 years to get to £ 1000 . so i will go for JAN 1 st 2017.
  • elsadogelsadog Member Posts: 5,677
    edited January 2012
    Hi Gary - nice challenge! You can and will do it I'm sure, so ........


    I think your challenge will take 51 days to complete - so that's errr.... January the 54th 2012
     



    ( anybody got a 2012 calendar? )
  • GlenelgGlenelg Member Posts: 6,627
    edited January 2012

    9th Feb is my guess and good luck! 

  • Kiwini4uKiwini4u Member Posts: 3,830
    edited January 2012
    Good luck with your challenge Gary.  My guess is 10th July.
  • Poker_FailPoker_Fail Member Posts: 1,755
    edited January 2012
    In Response to Re: My New Year £51 ---> £1,051 Bankroll Challenge *****With free competition worth £44*****:
    Hi Gary - nice challenge! You can and will do it I'm sure, so ........ I think your challenge will take 51 days to complete - so that's errr.... January the 54th 2012   ( anybody got a 2012 calendar? )
    Posted by elsadog
    But he's not starting until the 9th!

    So it must be the 60th of January by your amazing logic?
  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited January 2012
    Gl Gary.

    Will you still be playing elsewhere like u usually do? or focusing more on sky until this challenge is done?

    I'll go May 16th!
  • kennybadkennybad Member Posts: 777
    edited January 2012
    GOOD LUCK GARY  I'LL GUESS 17TH JUNE
  • SolarCarroSolarCarro Member Posts: 2,273
    edited January 2012
    2nd April

    Dave
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