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Operation 30k

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  1. #1

    Default Operation 30k

    Gabe and I are planning to make at least 30k by 9/16/2006.
    Discuss.
  2. #2
    good luck!! (not really discussing much though)

    Q. Is poker Gambling?
    A. Do you use correct bankroll management?
  3. #3
    combined?
  4. #4
    each.
  5. #5
    a500lbgorilla's Avatar
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    How much are you each starting with?

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  6. #6
    Why only 30K? Im serious, youre not that good?
    Holy crap I cant play against Yoda!!
  7. #7
    u just had a 23k cash, i kno 30k is nothing for you.

    And no im not that good.
    Im starting with about 600.
  8. #8
    I am also a full time undergrad student.
    School >> Poker.
  9. #9
    a500lbgorilla's Avatar
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    Quote Originally Posted by vqchuang
    I am also a full time undergrad student.
    School >> Poker.
    Maybe you should set sub goals of, "I'm going to play 500/750/1000 sngs this month"

    -'rilla
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  10. #10
    ya im doin that too.

    my goal this month was for 250 SNGs at 40 ITM and 20% ROI at multipoker.
    But just recenetly i found 38 bucks at bodog and iv been playing the 6.50 turbos. Havnt been keeping track of those very well. All I kno is that its like Ninjaing money from a blind guy.
  11. #11
    a500lbgorilla's Avatar
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    250 is soooo not a good enough goal.

    -'rilla
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  12. #12
    i can get maybe 12 a day on average.

    So itll be more like 360 a month.

    PLus these turbos only take like half an hour, its teh sexy.
  13. #13
    Quote Originally Posted by vqchuang
    I am also a full time undergrad student.
    School >> Poker.
    Depends...

    If your making enough then i'd open a bank account called "Back to school money if poker fails" and fill it up, leave school and play full time..

    School is very important because it can get you a great job.

    If you already have a great job with poker then i'd set asside the money to go back to school in case things fail, and stick with poker.

    Dont skip the goal just to follow the path, but dont leave yourself without any outs either

    Q. Is poker Gambling?
    A. Do you use correct bankroll management?
  14. #14
    Haven't you heard soupie talk? you should be making 100k a year minimum, c'mon.
  15. #15
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    VQ, good luck! Don't let these hustlers talk you out of your plan.

    I'm aiming for.... £3000 by this time next year! Go me!
  16. #16
    Good luck VQ and Gabe--let us know how it goes...
  17. #17
    I started in the middle of January with much less than you're going to start with and look at my sig . Don't give up and good luck.
    Goal for 2005: $30k
    So far: $31k

  18. #18
    Just curious...what are your step goals? All SNG? some MTT's as well? Based off how much you can play and keeping with basic BR guidelines, what ROI's will you have to be hitting on the stakes? Just curious as I am setting up a similar goal and have been crunching some numbers in my offtime trying to keep it realistic and challenging at the same time...curious to see how you are planning it.
    20K06 - 20k profit by end of 2006
    Progress at http://www.crunchy-in-milk.com
  19. #19
    Quote Originally Posted by Jeebus Kliest
    Just curious...what are your step goals? All SNG? some MTT's as well? Based off how much you can play and keeping with basic BR guidelines, what ROI's will you have to be hitting on the stakes? Just curious as I am setting up a similar goal and have been crunching some numbers in my offtime trying to keep it realistic and challenging at the same time...curious to see how you are planning it.
    All SNGs of course.

    Thats a good question and as of now, I just plan on polaying really really goot. I am sooo close to the 20s right. SO close. When I get rakeback this month that should push me into the 20s easily. All i kno is that 40 hours a week, 8 tabling the 20s for 16% ROI and 25% rakeback is ~1.3k. I obviously cannot play 40 hours a week, and not 8 table becuase I dont have another 1600 1200 screen. We will see. This seems harder and harder the more I htink about it =D.
  20. #20
    It will no doubt be incredibly hard, but if it wasn't it wouldn't be challenging and everyone would be doing it.

    I am still trying to figure out my steps and final goal and timeframe, but I do know we will likely be on the same route money wise. As we are starting at the same area and want to make as much as possible. The only main difference is that I can truly only play 2-3 a day and maybe 6-8 a day on weekdays if I am lucky. Any more and I risk making the gf unhappy.

    So the success of your venture is no doubt very interesting to me.

    I should have my goal plan written out and posted here within the next few days...
    20K06 - 20k profit by end of 2006
    Progress at http://www.crunchy-in-milk.com
  21. #21
    STIdrivr's Avatar
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    phlegm what stakes did you play at to build your bankroll.
    Cash games,SnG or MTT?
  22. #22
    Quote Originally Posted by Jeebus Kliest
    It will no doubt be incredibly hard, but if it wasn't it wouldn't be challenging and everyone would be doing it.

    I am still trying to figure out my steps and final goal and timeframe, but I do know we will likely be on the same route money wise. As we are starting at the same area and want to make as much as possible. The only main difference is that I can truly only play 2-3 a day and maybe 6-8 a day on weekdays if I am lucky. Any more and I risk making the gf unhappy.

    So the success of your venture is no doubt very interesting to me.

    I should have my goal plan written out and posted here within the next few days...
    Are u single tabling?
  23. #23
    I start one...about level 3 i start another..if i bust out early on either one of them I typically start another..but don't usually go past that. More of a time constraint than anything..and I haven't ventured past 2 tables at once.
    20K06 - 20k profit by end of 2006
    Progress at http://www.crunchy-in-milk.com
  24. #24
    If you can play 2-3 single tabling, you can play 4-6 two tabling, or 8-12 4 tabling. If your game wont suffer too much, you should multitable.

    You would need a ridiculosuyl high ROI otherwise. One that I dont think is sustainable.
  25. #25
    Yeah, but I will admit that I was out for a month and a half from Mono. The last week and the next few weeks are moreso to re-acclimate myself to the game and get into the groove. From then on I am sure I will be 2/3 tabling...and by then I should be back in the 20's.

    Where are you getting your rakeback hookup?
    20K06 - 20k profit by end of 2006
    Progress at http://www.crunchy-in-milk.com
  26. #26
    PM me.
  27. #27
    im 4 bucks away from having my BR be at 600.

    IO dont kno wat im going to do afterwards.

    4 tabling the 20s might not be too good.

    Any suggestions as to wat to do when i hit 600 bucks?

    Or any suggestions as to the course of hte plan?
  28. #28
    I would consider either single/double tabling the 20's instead of quading until you are comfortable with the change in play. Not that big of a change but would be good to pay more attention to how everyone is playing.

    I guess the big question is how much of your BR you are comfortable dropping before the upswing starts if it happens that way.


    As far as your plans go, estimate a realistic ROI you would like to obtain for each of the stakes (10's,20's,30's,50's,etc)

    And I assume your goals for each level would be to move up to the next level.

    Then basically just do (Avgtourneysperday*(ROI% * buyin)

    So from there you can subtract your BR from the next goal, and divide it by the average profit per day you will be expecting to get a reasonable timeframe...and then try to beat it.

    So if I am starting today with say...600 bucks and I want to reach 1000 just off the 20 dollar tournaments, and I am planning on playing 8 a day, with a ROI of 25%

    $22 * .25 * 8= $44 average profit per day
    $1000-$600= $400
    $400/$44=9.09

    so ~10 days to get to 1000.

    But that is truly best case scenario, 80 SNG's over that course in time wouldn't truly account for any real variance or downswings..just purely the math.

    Unless I am horribly wrong in my calculations which is entirely possible.


    I created a spreadsheet that allows me to put in my start date and my goals for each stake and ROI and it does the rest for me...



    Anyways, I assume your minor goals will be advancing in levels up to a certain point, so plan for that first. If you are going to stick to the 30 buyin rule, don't forget to account for the vig. So 20's would be $660,30's would be $990 and so on. And other than the money and higher stakes....reward yourself if you make your goal in some fashion.

    What was your ROI for the 10's?
  29. #29
    My Roi for the 10s?

    O you dont want to know =). (Yes its that bad, and yes I have a decent enough sample size that it shows that I probably have some considerable leaks)

    However, over the past 50 or so where i changed my game a big chunk, im leet pwnzering. Its not even that the deck is hitting me in the face. Im still getting sucked out on, I just end up in better positions becuase of better play.

    I crushed the bodog 6.50 tyurbos really hard so that boosted my roll considerably.
  30. #30
    Quote Originally Posted by vqchuang
    My Roi for the 10s?

    O you dont want to know =). (Yes its that bad, and yes I have a decent enough sample size that it shows that I probably have some considerable leaks)

    However, over the past 50 or so where i changed my game a big chunk, im leet pwnzering. Its not even that the deck is hitting me in the face. Im still getting sucked out on, I just end up in better positions becuase of better play.

    I crushed the Bodog 6.50 tyurbos really hard so that boosted my roll considerably.

    TY TY.......................dude move up the 20s.......if you drop to 300 or so......move back down..........thats the only way you are ever going to get to 30k.....
  31. #31
    bigred's Avatar
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    Pimp gabe out to the world. You'll make 30k in a few weeks.
    LOL OPERATIONS
  32. #32
    or just become my personal bitch.. cook me meals,clean my apartment, wipe my ass. Ill give ya 10 bucks and hour so in about 3000 hours you got your 30k. Come on down to my house!
  33. #33
    a500lbgorilla's Avatar
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    Quote Originally Posted by ilikeaces86
    or just become my personal bitch.. cook me meals,clean my apartment, wipe my ass. Ill give ya 10 bucks and hour so in about 3000 hours you got your 30k. Come on down to my house!
    Then you owe me like $4000!!!

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  34. #34
    Again..unless my math sucks ass...

    If you maintained a 10% ROI across all the stakes, and played 8 games a day on average...

    And moved up levels everytime you got 30 buyins (990,1650,3270,6450) up to the 215's where you would grind out the rest of your goal (just picking a reasonable one)

    You should reach 30k by 6/7/2006 which I believe is like 257 days.

    This is of course under the assumption it is possible to maintain that ROI and that you meet the estimated time for each level jump on time...and that any downswings are cancelled out by a matching upswing.

    So...it is definitely possible. IF you can maintain a consistent ROI.

    Please poke holes in my estimations if you find a problem..as I am using the same model to set up my goals.

    9/16/05 isn't too unreasonable, in fact i hope I can follow in your footsteps. I will have to shoot low in tourneys per day though to be reasonable...but 30k by the end of next year would hopefully be a reasonable goal. I will likely join in your quest.
  35. #35
    a500lbgorilla's Avatar
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    You should be playing MTTs along side SnGs. Though your long term hourly rate probably falls short of the equivalent hourly rate for play your normal sngs, one big cash can help you skip an entire sng level (Like go from the 11s to the 33s) and this will help you make more money!

    -'rilla
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  36. #36
    just play "dead" nl ring instead, thats how i did it in less than a year. Party sit n goes are for hosers eh.
  37. #37
    a500lbgorilla's Avatar
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    Quote Originally Posted by Bmxicle
    just play "dead" nl ring instead, thats how i did it in less than a year. Party sit n goes are for hosers eh.
    Hey, I'd love to do this less than a year ago on party rings. In fact, I did.

    They're dead now.

    -'rilla
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  38. #38
    u mean not as profitable rilla?

    my roll is at 690 now. Its never been that high before...
  39. #39
    I'll race you guys. Current BR is $710 so I'm at least basically even with vqchuang and we both know gabe is a non-issue unless he sticks to playing MTTs with buy-ins of $3 or less.
    TheXianti: (Triptanes) why are you not a thinking person?
  40. #40
    i want in.........my roll is at 540 now...........had areally bad downswing......first to 30k wins ..............jk gl
  41. #41
    i broke 700 bucks today. =D

    still 4 tabling. I dont even kno man. Something is hitting me in the face or my game is just progressing. At one point at this one table i ahd more than half the chips on the bubble. Something is going right.
  42. #42
    Quote Originally Posted by trikflow77
    my roll is at 540 now...........had areally bad downswing..............jk gl
    For half a second, I was like "holy crap! trik busted?" Thanks for the adrenaline rush there.
    I run a training site...

    Check out strategy videos at GrinderSchool.com, from $10 / month.
  43. #43
    Btw VQ, congrats on the accomplishment! Keep it up! I'm glad to see you're starting to pull away from the pack.
    I run a training site...

    Check out strategy videos at GrinderSchool.com, from $10 / month.
  44. #44
    gabe's Avatar
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    i didnt know about this thread when it was made, so i feel like an asshole for not posting sooner.

    but i don't really have anything to add, so i guess it doesn't matter if i knew about it or not.
  45. #45
    Update on operation 30k

    me and gabe both have about 29k to go =D.

    I broke 1k tho for the first time ever. Then trip has a bonus coming to me. WOOHOO. <3 trip.
  46. #46
    lolzzz_321's Avatar
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    Ya <3 Trip grinding his ass on these tight ass euro trash f f ff .
  47. #47
    gabe's Avatar
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    i just broke 30k.

    yay
  48. #48
    Quote Originally Posted by gabe
    i just broke 30k.

    yay
    grats gabe =). Ur a monster, and also half a year early.
  49. #49
    johnny_fish's Avatar
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    Vnh sir.

    What games do you play now?
  50. #50
    Good shit
  51. #51
    VQC how are you doing on the trip to 30K?
    Quote Originally Posted by mrhappy333
    I didn't think its Bold to bang some chick with my bro. but i guess so... thats +EV in my book.
  52. #52
    gabe's Avatar
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    Quote Originally Posted by johnny_fish
    Vnh sir.

    What games do you play now?
    3/6 NL 6 max and some 5/10 thrown in
  53. #53
    Quote Originally Posted by ProZachNation
    VQC how are you doing on the trip to 30K?
    heh.
    still got a ways to go =).
    1.4k


    I suck =(
  54. #54
    Quote Originally Posted by vqc
    heh.
    still got a ways to go =).
    1.4k

    I suck =(
    stay realistic, turning 1.4k into 30k is no easy feat. Unless you score some major tournament wins, cash/sng grinding takes a lot of time to climb that ladder
    take your ego out of the equation and judge the situation dispassionately
  55. #55
    Quote Originally Posted by jmontis
    Quote Originally Posted by vqc
    heh.
    still got a ways to go =).
    1.4k

    I suck =(
    stay realistic, turning 1.4k into 30k is no easy feat. Unless you score some major tournament wins, cash/sng grinding takes a lot of time to climb that ladder
    If gabe can do it...
    I can at least try to do it.
  56. #56
    The problem is ... you spend your bankroll on girls ...
    Quote Originally Posted by Fnord View Post
    Why poker fucks with our heads: it's the master that beats you for bringing in the paper, then gives you a milkbone for peeing on the carpet.

    blog: http://donkeybrainspoker.com/


    Watch me stream $200 hyper HU and $100 Spins on Twitch!
  57. #57
    Oh yeah, congrats Gabe, that's really awesome.
    Quote Originally Posted by Fnord View Post
    Why poker fucks with our heads: it's the master that beats you for bringing in the paper, then gives you a milkbone for peeing on the carpet.

    blog: http://donkeybrainspoker.com/


    Watch me stream $200 hyper HU and $100 Spins on Twitch!
  58. #58
    Gabe you are sorta like my inspiration to play better and make money. Just wanted to let you know that

    /akward moment
    Quote Originally Posted by mrhappy333
    I didn't think its Bold to bang some chick with my bro. but i guess so... thats +EV in my book.
  59. #59
    Congratz gabe.

    Now I just gotta turn my roll into a third of that.
    Currently at UB playing $50 NLHE 6max.
    Bankroll: ~$1900 (Almost BR'ed for 100NL.)
  60. #60
    gabe's Avatar
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    Quote Originally Posted by ProZachNation
    Gabe you are sorta like my inspiration to play better and make money. Just wanted to let you know that

    /akward moment
    awesome, when people say nice stuff like that it makes me feel like all the advice i post is worth it (even though its usually just a bunch of one liners)

    thanks all for congrats, i appreciate the propz
  61. #61
    Robert's Avatar
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    Congratz Gabe!

    When you started playing 6-max I started out too. I just moved up to NL100, and I really feel I've come a long way. Seeing how far you have come playing 6-max the last months has surely been a big inspiration for me!

    Keep up the posting and keep up giving good advice!

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