This thread will serve as a bit of a diary I suppose as I (likely) piss away a little over a grand, or (hopefully) make a nice little run and some $$$.
I've been meaning to take a serious stab at poker for a while now. I've had good success live and mixed results online. My plan of attack is as follows;
Deposit $550 into poker funds...
Will play in $22 ($20 + $2) sit-and-go tournaments exclusively. Primarily the 6 and 9 person variety, which pay as follows;
6-man: 1st $78, 2nd $42
9-man: 1st $90, 2nd $54, 3rd $36
Will re-assess stakes if poker bankroll reaches over $1000.
Deposit $550 into football funds...
As tempted as I will be to bet college football and non-philosophy pro games, I'm sticking to my guns and going with my bread and butter. Will flat bet $55 to win $50 (hopefully can get better than -110, but assuming it for this model) on each philosophy pick.
NOTE: I'm aware of how poor money management this is. A bad run of luck in either poker or football could easily wipe me out. 4% of my bankroll on every tourney and 10% of my bankroll on every philo-pick is fairly ill-advised. That said, its gambling, and I don't mind taking a little risk.
Will keep regular updates, which will mostly be how the poker tourneys are faring.
Good luck to everyone on a profitable season, and keep your fingers crossed for me!
I've been meaning to take a serious stab at poker for a while now. I've had good success live and mixed results online. My plan of attack is as follows;
Deposit $550 into poker funds...
Will play in $22 ($20 + $2) sit-and-go tournaments exclusively. Primarily the 6 and 9 person variety, which pay as follows;
6-man: 1st $78, 2nd $42
9-man: 1st $90, 2nd $54, 3rd $36
Will re-assess stakes if poker bankroll reaches over $1000.
Deposit $550 into football funds...
As tempted as I will be to bet college football and non-philosophy pro games, I'm sticking to my guns and going with my bread and butter. Will flat bet $55 to win $50 (hopefully can get better than -110, but assuming it for this model) on each philosophy pick.
NOTE: I'm aware of how poor money management this is. A bad run of luck in either poker or football could easily wipe me out. 4% of my bankroll on every tourney and 10% of my bankroll on every philo-pick is fairly ill-advised. That said, its gambling, and I don't mind taking a little risk.
Will keep regular updates, which will mostly be how the poker tourneys are faring.
Good luck to everyone on a profitable season, and keep your fingers crossed for me!
