Grinding up a bankroll to move to Vegas
Poker Background
I have been playing NLHE for about 2.5 years live and online I am somewhere in between passionate and obsessed with the game. I was a 3ptbb/100 winner over the last 280k hands (5 months) playing micro stakes at Full Tilt and really made some breakthroughs in my game with the help of 2+2, pt3 and various poker publications. Since Black Friday, I have had to shift my focus to live 1/2. I am currently under-rolled for this stake but I feel I can be successful using good table and seat selection. I would like to move to Vegas because I like the weather, the living expenses will be lower than they are here in the SF bay area and obviously because it is a poker Mecca.
Goals
Play at least 160 hrs of live 1/2 per month
Build a 20 buy in bankroll as quickly as possible
Move to Vegas within a year
Plan
I have assigned 5 zones for my bankroll $0-1000, $1000-2000, $2000-3000, $3000-4000, $4000+
While in the red and orange zones I will be buying in for 50bb and changing tables when my stack is above 100bb unless the table conditions are exceptional. When I reach the blue and green zones I will buy in for 5% of my bankroll and switch tables when my stack is above 10% of my bankroll.
I will pay myself $1 an hour for each color level I climb ($1/hr in the red zone $2/hr in the orange zone and so on). I want to minimize my risk of ruin and increase my bankroll as quickly as possibly.
I will post my daily results and post interesting hands if they come up.
May 2011
Total hours played- 67.5
Average hourly winrate- -$5
Current bankroll- $1650
2011 YTD
Total hours played- 155.5
Average hourly winrate- $12
Winnings- $1802