runnin it up

In school i have to take an economics course and we just learned about compound interest & investments, etc.

I got an idea that maybe the concept of compound interest would be an interesting base for building a bankroll.

So here's the idea...

1. deposit $5 into my Pokerstars account.
2. The game would be NLHE ring games, starting @ 1/2c
3. Now what I'll do is play to increase my bankroll by just 18% per day (or per session) for one month.

Here's how the numbers would work out after one month of increasing my $5.00 bankroll by 18% per day:

1.5.00
2.5.90
3.6.96
4.8.21
5.9.69
6.11.42
7.13.49
8.18.79
9.22.17
10.26.16
11.30.87
12.46.43
13.42.99
14.50.73
15.59.96
16.70.64
17.89.36
18.98.36
19.116.06
20.136.95
21.161.60
22.190.68
23.225.01
24.265.51
25.313.30
26.369.70
27.436.25
28.514.77
29.607.43
30.716.77

Thats a rough estimate considering some sessions you would end up making more than the 18%.

4. Will play very tight and efficiently and quit once i hit the 18%
5. Once i finish a session and rest up i might play another one same-day (will have to experiment with this)

So whats everyone think????

Where are your days that you lose,like we all do?


Snow

I agree with Snow...you will have to take into account that you will lose at some point. GL though, but don't count on winning everytime...if you do win that frequently, I'd go pro if I were you!

yep, impossible mate, unless you run an insane heater for several months.

you should never be looking to quit after you win a certain amount, you should quit after you think your too tired or incapable of playing at your best.

with a $5 your not rolled for 1/2c tables...one bad beat and you will be re depositing,

good luck though

If it were that simple, we'd all be pros. Maximize the wins and minimize the losses.

are u thinking that u are going to have a winning day every day because it sure sounds like it. i can guarantee u that u will go through swings where u have good days and bad days. You are going to have to work hard to build up ur b/r. The money wont just fly into your acount

i think its funny that you clarify that you might win more then 18% of your bank roll, yet you don't take into account that you could drop 5BI or more in any given day.

Cool idea dude
But Listen up! you have to consider that even if you are a decent player and are playing tight against worse/loose players a couple of days you are just not going to go up 18% especially once u have a bankroll over 50$ more like 100$ actually but i hope you understand.
So yea im asking what are you going to do when u have like 100 and go all in say you are at 10$ table with aces and go down to 90 then u lose an all in if someone hits like a flush/straight over your set/top2 and you are at 80$. At this point i would consider ending for the day and go up 18% from where you are at the following day. Please consider this (whenever down 2 buy ins stop for the day) GOOD LUCK!

This will not work. Ive talked to guys who lost 11 or more buyins in a day and they had massive -EV 2

GL with it though, but ya like everyone stated you'd have a up hill battle on your hands ..\

Yet once again, it's not that it's impossilbe to do it's just that it's not realistically an easy thing to do though....

I wish all investments ran like that .... Who would have to work?

Good luck with it, you'll need it

Why don't you invest some of your own money for your "school work?" Or ask friends or relative, instead of strangers on a forum, for which you have no posts on?