Saturday, September 23, 2006

Real real money

Things are going well at $0.05/$0.10 limit. I've reached my goal of winning 100 BB. My win rate was a brisk 13.3 BB/100 hands. That's likely not sustainable, and the sample size is too small to be meaningful.

Still I have the bankroll to take a 100 BB shot at the next level up $0.10/$0.20. Given my success at the lower levels I feel I should be able to at least be break even at this level.

Over on 2+2, the 2c/4c and 5c/10c levels are considered pretty much joke levels, not much different than play money. From playing in them I won't argue with that. There are a lot of bad players, varying from loose passive, to loose aggressive, to weak tight. It's not hard to find a soft table.

Maybe people at these levels don't care because the stakes are so low. Maybe they're just playing for fun with no real desire to win. Maybe they just don't have a clue about how to play well.

Now 10c/20c is considered the first "real money" level. The thing about 2c/4c and 5c/10c is that the minimum $50 deposit on PokerStars gives you an enormous bankroll where you can play badly pretty much indefinitely (certainly for several months single tabling a few hours a week) and lose money very slowly if at all. At 10c/20c a minimum $50 deposit is only 250 BB, so you have to play well or go bust or move down.

So hopefully the next level will be more challenging, but still beatable. I don't want to have to go back to 5c/10c.

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