Am I nuts?
I personally dont think so. I'm going to go ahead and start building a bankroll online with a measly $25 BR playing NL Holdem! Thats not a typo.
Obviously I plan to play the .05/.10 tables, and I have a very conservative playing style. I notice that every time I gamble, it usually doesn't pay off. If there is a possible 3 of a kind, and I have 2 pair, I fold. If the board looks like AAKK3, and I'm holding KQ, I fold.
I play it real safe, and so far, I haven't been sorry. Its weird, people tend to forget about you when you fold all the time INSTEAD of paying more attention to when you actually bet. That, or they tend to think your bluffing, when you finally bet, if you bet too high or too small...especially if you win once you finally bet, and bet big the next hand because your experiencing positive variance. They are going to raise you or at the very least call...almost a guarantee.
Even when you've played it safe, and people start to notice you only bet when you have a premium hand (before and after the flop), they apparently feel like your luck has got to run out, and they still try to challenge your bets. It's really a win/win if you can just chill, and not get greedy.
To add to this, plenty of people play at the lower limit tables and really don't care about the money, so they make plenty of stupid plays. Since you never make stupid plays, their stupid moves don't throw your game off, and you get to take all their money when the time comes.
I never go all in, and I'll never be reeled in. If I have a possible flush, and someone raises more than double the blind after the flop, I fold. If the raise is tiny, and I have a possible flush, I'll wait for the turn card. If I get it, its time to raise and make them all fold. If not, check/fold (no matter how small the next bet is...it usually doesn't come). I'll only reel them in if the river is completely irrelevant to the board. No one ever expects a flush at lower limits it seems.
My playing style has taught me to always raise when I get ace's or any other pair in my hand, and to play at tables with no more than 6 people. More importantly, my experiences have taught me that patients is key to building your BR.
I plan on playing 8 hour days, 5 days out of the week in the manner I described above. Absolute control. Hell, I can do it with play money, imagine how controlled I will be with cash lol.
Well what do you think, am I insane? Or is it possible for me to turn my little $25 into $500 in about a month, and then move up to the $.50/$1 limits if I stick to my schedule?
It'll take more than 1 month you say? How long do you think?
I'm going to try this no matter what...its only $25, and burn out is NOT an issue. I'll take this over any 9-5 ANY day. I'd just like input on my playing style and my expectations.
EDIT: I play at bodog. There are enough fish, but I'd like more. Is party poker
still the place to be for cash games?