Tuesday, July 3, 2012

Finally!

Well, it took a year (almost to the day), but my first poker goal has been achieved. My bankroll has at last reached $5000. It took 3 jobs and a lot of small home game wins to get here, but it's done. Ironically, the richest prize in poker history will be given away today at the WSOP. The Big One for 1 Drop, a 1 million dollar buy-in tourney, concludes today with the winner getting 18.3 million. 


I see building a bankroll from scratch much like building a car. My car cost $5000 to build, but now it needs some gas or it just sits in my garage and goes nowhere. Just like in real life, fuel is expensive. The maximum I will put on a tournament with a bankroll this size is $100 (2 percent). Cash game max is $250 (5 percent). Sit-N-Go max is $160-$170 (30 buy-ins). So, to answer the many "what now" questions I will inevitably face from my friends and family: it's time to make some gas money so I can take this car for a spin!