Started with a $1/$2nl challenge, now we're here.

Started with a $1/$2nl challenge, now we're here.

😮WARNING!! IMA 2+2 VIRGIN!! FIRST DAY AT THIS!! FIRST THREAD!!

The Goal is Simple - $40k in One Year (starting Jan.1st 2013) playing only $1-$2NLHE, and $1-$3 NLHE cash games. Most of my play will be @HSIPoker (90% of play), @HollywoodPoker (5% of play) in southern Indiana, and other (5% of play). I will make the occasional trips Vegas, Chicago, etc. My buy-ins will be least $300 and no more than $800 in all daily sessions. If I lose a $800 bullet in the first hour of play, then I leave. Therefore a losing session will never exceed $800. I am committed to play an average of 30-35 hours a week. All statistics (running total $, $/hr., #of hrs. win/loss ratio, etc.) will be tracked through my Poker Journal App. The max buy-ins on both of these games @HSIPoker is $300 up to half the big stack at the table (i.e. big stack has $1400, then new player can buy-in for $700, or other players at table can add up to $700 to their chips). Also @HSIPoker players can straddle from any position, so $1-$2 plays like a $1-$3 or even $2-$5 w/deep stacks. Side note: Just yesterday a maniac player at $1-$2 nlhe straddled for $350!! I will also play no more than $5k worth of tournaments for the year ranging from $300-$1700 buy-ins. The tournaments will be recorded separately, and will be added or deducted from cash game total profits at the end of the year (ending Dec. 31st 2013). I will stay committed to this all year and I will not stray from my rules. I can guarantee I will post at least twice a week, and would even like to link a monthly video segments throughout the year. If you stay with me on this journey, I can promise you I will stay with you throughout the whole year. You can count on total transparency in my poker grind. I will share honestly the ups and downs, the brutal swings, and sprinkle in some spice and substance. All while trying to spare you the bad beat stories. I rather do naked snow angels in freezing temps than listening to someone’s bad beat story. For future reference if you share one with me, I will act like I care, but I will really be thinking of when will this bad beat story end!! You can also follow - http://twitter.com/RayzRayl

Background – Starting playing seriously at age 25 during the Chris Moneymaker boom. Duh! It was around the same time I was teaching middle school math. I left teaching to create my own destiny. I started out playing low limits and have played as high as $25-$50 NLHE online. I am like most of you that have $ tied up on Full-Tilt. I am mostly a cash game player, and have played very few tournaments with very little success. I bricked the WSOP Main Event twice (I bought in once, and the other seat was a won through PokerStars). I seem to come up short on the big buy-in tourneys. My biggest score in tournaments are a couple of $20k cashes, and biggest score in cash games are a few $10k sessions. Sometimes poker was my full-time job, and sometimes it was supplement income. Right now it is my full-time job. I own a few rental properties, so that helps take the pressure off the grind. My girlfriend (15yr. relationship) and I have 2 girls (2yrs and 9yrs) that are joys of my life. My biggest challenge is explaining to them along with everyone else that I play poker for a living. I struggle with the fact that I am basically chasing money, and not doing anything productive. On the flip side, I do like the higher levels of thinking, the competition, and the pressure that poker offers me. Furthermore, I am not a gambler! I go straight to the poker room and straight out, nothing in between (no dice, no colors, no slots, no blackjack, etc.). Don’t get me wrong though I will bet anything I have an edge on. Most of all, I am a man devoted to my faith. Side note: I don’t see playing poker as sinful behavior, or gambling. I define gambling as anything where I’m not a favorite to win long term. More about me . . . thrive on competition, unique, introvert, outside the box thinker, gym fitness member, a bit anti-social, well mannered, authored my memoir at age 30, every other weekend drinker, love my church, entrepreneurial thinker, tennis junkie, green thumb, and I think cats are skittish.

Reason for Goal – The challenge itself is the ultimate reason for this goal. I was recently in a conversation with a friend of mine, and he was stating that $30k/yr. was a realistic earning for a $1-2, $1-3 nlhe grinder. I discussed that an “A” player putting in 40hrs/wk. can possibly make $40k/yr. He said, “no way”, and I said “I’m going to do it.” And that’s how this goal started. Reason 2) Simple – the goal will keep me staying determined to play flawlessly, and it will keep me focused at the task at hand. This goal allows me to stay “hungry” the whole year. I enjoy the pressure of striving to achieve something that is challenging. This challenge will keep me waking up each day and grinding. The satisfaction of achieving this goal will be half the fun, and the journey getting there is the other half. My subscribers, followers, and my post will keep accountable; and keeps me determined to play my “A” game. Thank you in advance for subscribing/following! Reason 3) it keeps the pressure off me playing the bigger games. I always told people the “poker lows” hurt more than the “highs” feel good. If that makes any sense to you! There were times when I was playing bigger limits where I would lose $5k in a sesh. Trust me those days sting! When I lost that amount of cheddar I would always think of what I could have done with that money; i.e. remodel the kitchen, go on shopping spree, buy a used car, get a golf membership at the country club, etc. When I win it’s like “cool”, but when I lose big it affects my whole psyche! With this goal I am managing my losses where worst case scenario is an $800 losing day. Reason 4) the $1-$2 NLHE is the most popular poker game around. There are more $1-$2 players than any other game. This will give a good idea of what’s a realistic earning from a solid $1-$2nlhe player. I want to do this for all the grinders. There is not a truer grinder than a $1-$2 grinder. Big Ups to all the 1-2ers!

Cliff Notes – Can I? Or can’t I? Make $40k in 2013 playing only $1-$2 and $1-$3 NLHE. Playing at least 30hrs/wk. and buying in for no more than $800 a session! I will also invest no more than $5k in tournaments in 2013 that will be factored into the $40k/year goal. I will post often with full transparency. I thrive on competition. My motto is look good, feel good, play good. I like puzzles. I have a degree in Mathematics. This is my very first post on 2 + 2 forum. All feedback welcome.

Thanks,
Rayz

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30 December 2012 at 03:57 PM
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796 Replies

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by ButterflySymmetry k

Got some big risks planned for next year. Something in the works. Gonna make it or break it time.
Poker is my job and it’s working. I can wake up everyday play tennis in the morning, poker in afternoon, grill poolside in the evenings. It’s just like being #FULLYRETIRED.

is it working though? you're on pace to make less than a full time minimum wage job (~30,000). i get you value freedom but the difference in your situation and being retired is you actually need to make money to survive. if you have some big plan to make it why would you put it off for another 8 months to play 20 hours a week of 1/3?


by MastaAces k

you're beaming with false confidence. #faketransparency

thread is at an all-time low. work on your game for a few weeks and put in some damn volume... this is embarrassing.

I cd lie and say I grinded 120 hours in April and made $6k, but we all #fulltransparency over here.
I logged what I did and made what I said. This is where the thread is now. Gonna keep it real. Not here for any story line.


by submersible k

is it working though? you're on pace to make less than a full time minimum wage job (~30,000). i get you value freedom but the difference in your situation and being retired is you actually need to make money to survive. if you have some big plan to make it why would you put it off for another 8 months to play 20 hours a week of 1/3?

Gonna finish what I started. I always reset every year w new goals. Next year cd b a big pivot w everything on the line. Something is in the works.
For now, we finish the 8 months out.


+105 today.
3 wins in a row to start May, but they have all been very small.


by ButterflySmmetry k

Got some big risks planned for next year. Something in the works. Gonna make it or break it time.

Didn’t you already do that multiple times in the past few years yoloing everything you had (plus margin) into stocks and coins?


have you considered working on your poker game and improving your winrate? if you haven't, why not?


by MastaAces k

have you considered working on your poker game and improving your winrate? if you haven't, why not?

Yes @mastaaces just about everyday.
Either learn by doing mixed in w a little studying. Lately just trying to memorize some preflop open charts from different positions.

Here now in the poker room working on my game and always trying different things to see what’s working and what’s not.

I may b the best there ever was


what is your study process?


by ButterflySymmetry k

Gonna finish what I started. I always reset every year w new goals. Next year cd b a big pivot w everything on the line. Something is in the works.
For now, we finish the 8 months out.

i hear that and doing what you say you're going to do is important but you dont really appear to be working all that hard to make it towards your (rather arbitrary) goal. if that's the case why not work towards pivoting now either instead of or in addition to playing low stakes poker 20 hours a week?

again none of this is a personal attack i just find what you're saying to be a bit odd.


when's the grand opening of the biscuitball court?


by ButterflySymmetry k

Got some big risks planned for next year. Something in the works. Gonna make it or break it time.
Poker is my job and it’s working. I can wake up everyday play tennis in the morning, poker in afternoon, grill poolside in the evenings. It’s just like being #FULLYRETIRED.

So can just about any 18 year old. You've accomplished nothing.


by meshanti k

So can just about any 18 year old. You've accomplished nothing.

So can any retiree.


by Alpha Fish k

when's the grand opening of the biscuitball court?

Perfect timing @AlphaFish. This weekend.
We played bout 10 games yesterday.
I guess I need to send an update pic here. Dude the net is so pure.


by submersible k

i hear that and doing what you say you're going to do is important but you dont really appear to be working all that hard to make it towards your (rather arbitrary) goal. if that's the case why not work towards pivoting now either instead of or in addition to playing low stakes poker 20 hours a week?

again none of this is a personal attack i just find what you're saying to be a bit odd.

Not giving up on the 40k 1/3 quite yet. I feel the chance is still there, yet slim.
4 winning days in a row for May. All small.

Taking $3k of the roll for the wsop circuit main, wsop plo and wsop deepstack this month.
15k

It’s not really a pivot pivot planned for next year. Poker still there but taking a huge leap into self risk.


I can wake up everyday play tennis in the morning, poker in afternoon, grill poolside in the evenings.

That is pretty good quality of life IMO.


Still working on it. Here’s what we got so far.


I think we still need more flower colors around the court. Mayb some rose bushes???


by rickroll k

what is your study process?

yet another pertinent question that's being glossed over. maybe you were too busy studying poker solver outputs to answer! #selectivetransparency

this is why i stopped trying to help long ago and instead now mostly troll. each time i've asked for more information in a HH or otherwise tried to be helpful i've been ignored (as have many others).

in the end Rayz is going to do whatever he feels like and doesn't actually give a **** about advice you all are giving him. he knows better than our collective mind because he's a genius and the best at everything he does. nobody can do what he does and achieve what he has. i say this as his #1 fan, obviously.

this man needs to do some psychedelics and achieve ego death. this is the best advice you've been given ITT fwiw.


i will be rayz mushroom shaman!


We don't see any service lines on the pickleball court!


I don't think the $40k is a challenge playing a full time schedule. I think you could clear $60k at 1/3 playing a full-time schedule. It's an artificial challenge right now because you're limiting your hours. Hollow, if you will. The 1/2 $40k challenge was better, because you were trying. This one feels like a side-effect.

I do hope your surprise venture is starting back your court creation business. That was probably the best thing you've done career wise since being semi-retired. Heck, you could probably run that, add in a couple of other services, and be fully retired in 5-10 years if your monthly nut stayed between $2500-$3000.


Thats a mighty fine looking back yard mang. I bet the kids really dig it


by uberkuber k

We don't see any service lines on the pickleball court!

Still contemplating if I wanna put those lines in.
The cut joint is used for service lines. It sets perfectly 10’ from the side line right down the middle.
Which u think wd look best? More lines or less, aesthetically?

@Squidface ty. They been out there all weekend!!! Made me smile


Yeah, that looks like a great place to spend the upcoming summer. Much better than a poker room with a bunch of miserable ****s. Your wife has a good job, right? Stay at home Dad seems right up your alley. Congrats on the court looking so good. That's what you should have taken action on. I would have put some money down on it not being finished in less than a year, lol. Hopefully it gets a ton of use and your secret project is getting rich by becoming a pickleball world champ.


Damn Ray that is a stunning backyard, very well played.

I was definitely on team "no pickleball court" but that has to have added some value to the property.


by ButterflySymmetry k

I think we still need more flower colors around the court. Mayb some rose bushes???

Roses are too much work. Rhododendrons if they will withstand the heat, plus spring bulbs, rudbeckia, echinacea, and fall bulbs. Maybe some hostas with different patterned leaves.

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