Friday, June 20, 2008

Money, money money money!

Well im chomping at the bit for my future stake from my mom, its going to be my first time ever depositing a large amount, I usually always deposit a small amount and build up then withdraw.

I like this because there will be no withdrawing until I show a profit to withdraw! Simple. If I deposited $100 before, ran it up to like $700 and withdrew $600 id be back to a pitiful $100 to use, and if I dont steamroll the cash tables it is gone rather quick.

When you start at say $3,000... you can build to $4,500 and withdraw $1,500, leaving yourself 3k still to play with. Going on you could suffer a $1000 loss one week, then next week win $2000 back! It just leaves a massive amount of room for the obvious varience that comes with playing poker as a job.

It might be alot quicker than 1 month before I get the $3,000.... I think my ability to be ridiculously patient will pay off, I just need to occupy myself with things non-poker related for about 2 weeks.

There is no time limit as to when I need to pay the 3k back to her either, plus unlike real staking, theres no cut of my winnings I need to give back, just what I took initially. Honestly if I did lose 3k id probably stop playing (and not owe it back most likely).

But I do not wish that obviously, I want to get on a steady and consistant profit pace.

Once ive established that pace, I want to keep it going for longer than 1 month as I did on cakepoker.... it would have gone on much longer but I decided to take the money out.

My overall goal? To be able to...

A) Make significant withdraws monthly.
B) Achieve a year long winning session (minimum) and earn supernova status.

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