I am pleased to report that my $100-$10,000 poker challenge that I started on the 1st April has surged on to a new high of $3721. This may not seem a lot but I have played around 40 hours per month and so an average of around $600/month means about $15/hour which isn’t bad considering that I was playing for peanuts when I first started. I am pleased to see the end of August and September after moving house and a close family loss left me wanting to have nothing to do with poker.
But I have come back refreshed and I have really pushed on in terms of the number of hours played. I have received massive motivation after reading Dusty Schmidt’s book “Treat your poker like a business”. I was surprised to find that myself and Dusty share very similar poker philosophies but that guy is an absolute legend in poker whereas I am still a mere mortal so to speak.
But my challenge will undergo a huge transformation when I reach $10,000. Notice that I said “when” and not “if”. This is because at $3721 then I am 100% convinced that if I remain at NL50 that I will reach $10k. I have done it before at that level so I know that there is value at full ring. I may move to NL100 which would be pretty staggering considering that my original bankroll was just $100. But I had something of a brainwave while watching a movie in bed a few days ago with what to do with the challenge.
I want to take this on to $100,000 and that would be really massive but yet I don’t see that I need to do this playing and grinding. So my idea is to split the $10,000 bankroll into two halves and use the first $5000 myself to play NL50 or NL100. The second $5000 will be split into twenty units of $250 where I intend to bankroll 20 serious players at $250 each. When I say “serious” then I am referring to players who are serious about working with me and making money.
I may reduce this to ten players at $500 each but the deal is for me to mentor these players and supervise and manage their bankroll. In short I am not looking for great poker players but players who have a desire to succeed in poker and want to work with a professional. By the way….expect my blog to be daily from now on…..AT LAST!
Carl “The Dean” Sampson plays poker at www.pokerloco.com and you can join Carl there quoting bonus code DEAN600.
