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Scrawnybob’s Minimum Deposit Poker Challenge & Why You Should Try New Poker Sites

January 21, 2008

This is the first progress report in the Scrawnybob Minimum Deposit Poker Challenge and unsuprisingly it’s been a bit of an up and down week.

After making early progress (within literally minutes) a couple of inevitable knock backs in other short sessions over the weekend have brought the challenge back into more realistic bounds.

Bodog Poker hasn’t seen me at the cash tables over the weekend but the original $10.00 deposit now stands at a healthy $45.76 balance. That’s +$17.98 after a couple of very short sessions making a total of 34mins (allowing for the previous balance of $27.78 before the challenge started last week).

This seems and is crazy but the key here is quitting while your ahead - If you get a run of good cards in double quick time - make the most of it - then bank it.

Titan Poker has been a different story with a starting balance of only $ 6.93 it was always going to be an uphill battle. I’d originally said that even with my bad bankroll management strategy for this project playing in anything other than the lowest $0.01/ 0.02 games would have been bad idea.

But I started out playing full table 0.01/0.02 games and was just getting battered by the overwelming number of bad players. The thing is individually bad players do not finish up in profit, but collectively they can and often will put you at a loss.

So I changed up to the 0.05/0.10 basically putting all my eggs into one basket and playing very very tight. At the higher (still lower stakes games) this wouldn’t really work on a short handed table as everyone would spot when you have a hand, but on these tables players are only to happy to contribute when you have a solid hand and they just have to call. As soon as I get a little up from any of the games I’m jumping out and banking the profit however small in $ terms every dollar is a 15%+ increase in my overall bankroll. Current Titan balance $8.76 + $1.83 (time played 60 minutes).

Pacific Poker has been a rollercoaster, with an instant $8 bonus on a $30 deposit I’m starting with a $38 bankoll. This is still a long way short of the $200 target for an appropriate bankroll for playing the $0.05/0.10 games.

Basically I raced out the gates doubling up on the $10 max buy-in at the 5/10 cent cash games in minutes. Then came back for another little session on Sunday which went badly wrong and saw me struggling with a couple of marginal bad beats (which come with the territory). Eventually after a couple more recovery games clawing back to a current balance $40.34 +$2.34 (time played 87 minutes).

Scrawnybob’s Minimum Deposit Poker Challenge Goal’s

I have no doubt Chris Ferguson would laugh at my really bad bankroll management strategy as I’m going to be risking a large percentage of my bankroll at any one time until I (hopefully) hit the $200 target bankroll on each of the poker rooms.

But it’s not a total crap shoot - the important thing is not to get bogged down in a game, however juicy. If you keep playing at a table that you’ve made a modest profit at thinking … just another couple of hands … I’ll double up or make another $5 - Then your risking the profit you’ve made and your original stake.

Better to leave a table in marginal profit and join another table than to be going to cashier section.

Why You Should Try New Poker Sites ?

I know we all have our favourite sites, software and tournament formats but there is a massive choice of good poker rooms out there - And it’s often worth a change of online poker scenery.

If you look at the top 30 or so poker rooms they all offer something a little different from each other but still with the security of being an established name or on an established network.

Freeroll’s (particularly 4kingpoker’s private games) offer the perfect risk-free opportunity to try out new poker sites to see what potential they offer. Having played at over 40 online poker rooms I’ve got used to having a desktop half full of poker icons - But I definately think new online players should at least try 4 or 5 sites giving more choice of tournaments, games and features.

While the biggest sites are great for the big gauranteed tournaments, satellites and choice of tables equally smaller sites offer good potential for smaller tournament fields and easier to beat competition at the cash tables - It really is worth exploring beyond your first poker site and trying out some new poker rooms.

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