11 July 2009

Raison d'Etre

I am starting this blog to share my experiences in the world of online poker. I also hope to use this as a tool to organise cool posts/threads I encounter on my way to poker greatness. So far I have signed up for a few fora, and have noted that many beginners such as myself have started blogs. Some more updated than others, they all give a glimpse into the minds of people who are learning the game.

Naturally, we all have different motivations : for me, I see poker as a low-ceremony, high value way to convert my brain power into cash. I read articles suggesting links between chess, poker, and financial analysis. So a large part of what drives me is sheer curiosity : are they right ? I like stock analysis and chess, and so far, I can see the similarities with poker.

The rest of my motivation ? Filthy lucre.

The plan is to grind a small bankroll up to a level where I can supplement my income with poker winnings. I estimate this will take $20k, and 2+ years. However, in true magpie fashion, I do not intend to dump my wage-earned dollars into this. No, I intend to not make any deposits at all. In other words, I will do this strictly by winning money from other players.

By using a tight-aggressive playing style, combined with bankroll management and continuing analysis of my performance over time, I intend to take my initial $100 no deposit bonus at Ultimate Bet and grind to greatness. I actually prefer PokerStars, but they do not have many great rakeback or no deposit deals. I would eventually like to roost there, however, and will likely roll over my winnings from Ultimate Bet as soon as I clear bonuses. This will take a while.

In the meantime, I have no set schedule to update the blog, as it is part notebook as well. Perhaps fortnightly would be good ? We'll see. In the meantime, I shall endeavour to update more frequently in the beginning, as I need to tweak the blog to support my goals. Good luck on the felt !

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