$100 for free to good players : Read here!

[BlackLava]

Hi,

here is a thread in goal to teach all real money players about the use of bankroll management.

We will offer 100$ for free to all very good players following those strict rules :
1) You can't put on tables more than 20% of your overall bankroll (players can play up to 4 tables on real money side, it means the total must be lower than 1/5 of your total bankroll)
2) You can't enter tournaments or sit&go having a buyin higher than 10% of your total bankroll (If the tournament include an unlimited rebuy and add on : Add a rebuy and an add on to the price, no matter you want to use them or not)
3) if at anytime what you have on a table is higher than half your bankroll total you must leave the table and buyin again based on a new math (20% of your bankroll).
4) You need to post a daily report on forum here including your total bankroll at the end of the day (if you can't play each day no problem offcourse but sorry we won't qualify players who can't play at least 3 days per week)
5) You can't cash out your dollars until reaching 500$ which is the goal here : Afterward feel free to continue playing or withdraw all if you want to!

Why is that so important : Because we have 98% of players losing money actually!
Thanks for helping them by accepting the deal here, I'm sure it will make very good tutorials.
I'm waiting for candidatures : Reply here!

By the way you can read the thread about bankroll management here : How important is Bankroll management!

'Lava



EDIT : Adding a live example : If you start with 100$ in your bankroll, you can push 20$ on a table (offcourse don't chose a 1$ big blind table!), if you lose those 20$ your bankroll will be 80$ only then you will be able to buyin for 16$ only (make an approximative calculation) or able to enter a tournament with a 8$ buyin max (and without rebuy/add on only).
If instead you are winning and end up the day with 160$, you will be able to buyin for 150/5=30$!
If at anytime you have 100$ in play and a total bankroll of 180$ (in play+bankroll left) you must leave the table and buyin again based on your new 180$ bankroll!
Each day just make a report like that : "I've entered a 0.10/0.25 NL table for 20$, won 30$ more then entered a 10$ buyin sit&go where I've had a bad beat, at the end of the day my bankroll is 120$, I'll be able to put 25$ on tables or buyin a tourney for 12$now "
Again no need to be accurate about the math

EDIT 2 : Seems I need to add that making a 20$ buyin is a stupid thing on a 2/4$ blind table! Bankroll management means too chosing the right table!!!

[azza15]

hi Blacklava,i would like to take u up on this offer if i meet the requirements needed.
regards azza15

[BlackLava]

Ok, 2 first players qualified for the deal are Azza15 and WorzelGunMage, they will post both stories there :

Azza15 : Real Money story : Azza15!
WorzelGunMage : Real Money story : WorzelGunMage!

We are qualifying only good or very good players having time to follow the rules and post reports but you can still ask!

'Lava

[Ken_de_Ben]

if u looking for more ppl to have a go lava i give it a try m8

[Kingcard]

Ca va pas,toi?!I'm ready!Lol...pm me later if ya want m8...

[DeanReeves66]

hi lava i didnt really get the bankroll management before but now il really understand it so i would be up 4 the challange

[vscanz]

its an awesome offer huh lava is king thanks again guy m8

[Jmahoney]

I was doing research on bankroll management and I found this thread

I am willing to take the challenge if the offer is still open.

[BlackLava]

Cool
I'm seen there many good players who want to be in!
Please send me your real money nickname through PM and I'll check what I could do (I'm sorry yet but I can't forward 10k$, I'll have to select players and it's not only based on their play level).
Azza15 and Worzel, I still haven't got your final validation, please send me a PM to confirm you're ok with all the deal and I'll forward you the cash on real money side then.

great news : We will have the report of the 2 major players here (the only ones who stayed each more than 2 weeks on first place!)
I mean Bazultra and Jmahoney!

Bazultra : Real Money story : Bazultra!
Jmahoney : Real Money story : Jmahoney!

I've read all others candidatures and I will add at least one more player to the deal (perhaps 2 or 3...), sorry for delay but i can't pleased everyone here, I've tried to chose different kind of players.

'Lava

I need to add something important here : players need to follow the strict rules written here and if a player is pushing too many cash on table I will be able to see it through the buyin listing!
I'll add a post on players threads in such case : The goal is to fit Chris Feruson rules (light version) and follow the professional players advices, I really think our players are good but lack something like that

[Danzi]

Hi BlackLava may try this challenge?

[trojanftball]

hi can i try

[BlackLava]

I will add more players but I need to wait one or 2 days sorry can't put that much money same time!
I want to see at first if players could follow the deal or not (seems it's not that easy to avoid pushing money on tables )

[Ken_de_Ben]

i love to give it a go to

[BlackLava]

For now the test is not that good, players are posting on forum only when winning...
Thanks for keeping a real kind of daily diary please!

I will wait a few before adding new players to the test!

[BlackLava]

Ok I'm for adding Danzi and DeanReeves as last 2 guys in this test.
I'm really sorry for others but I can't give away more money, I've just checked the toplists and took all the guys who were allready first here (excluding Worzel who were second), I'm sorry I can't make it a bigger offer.
I have to congrats hman for his actual way up in the toplist by the way! :waygoto:

Please Danzi and Dean : Reply here and confirm you will stricly follow the bankroll management rules and post often your results on forum.

[DeanReeves66]

hi lava m8 yes im still up 4 the challage .. thx m8

[BlackLava]

DeanReeves real money experience : http://www.onlinepoker66.com/forum/s...ad.php?p=40833

Thanks for following the bankroll management rules : A way to prove poker isn't gambling at all!

[Danzi]

hi lava m8 yes im still up 4 the challage. Thanks

[BlackLava]

Danzi real money experience : http://www.onlinepoker66.com/forum/s...ad.php?p=40868

End of the offer for now, sorry for others and good luck to our 6 selected players! Keep the faith in Bankroll management, no matter you're losing or winning : It will keep your money safe!

[BlackLava]

Bobf111 real money experience : Real Money story : bobf111!

Bob accepted the deal to share a part of his poker knowledge too

Good luck to all again!