Is it possible to turn $ 50 into 500 dollars in 1 month?

[Alex Sentsov]

Increase your bankroll 10 times? You need a very strong level of play and crazy luck!!!

 

[danydidi]

once maybe 2 years ago i turned 100$ into 4250 $ in 1 week . first i won 1st in a tournament that was 44 $ and won 2350$ and then ....

 

[manzanillo53]

Absolutely, even less time, if you are disciplined you may be able to do it in 24 hours at the right tables.

 

[pedrovitorcosta]

Sure... you can do it in sit&go or spin&go. Or in some tournament....

 

[Panda1010]

Absolutely it is beyond possible. It takes skill, luck, and patients! Always remember patients.Go with your gut. Good luck to you in the mean time.

 

[sn0112]

Yes it is, I've done it before on a few sites.

Let break down some math.
Say you are playing in $5.50 buy in 6 man SnG and this is all you play.
With $50 deposit you can play and have to lose 9 games in a row to go broke.

Say the payout are 70% and 30% for 1st and 2nd.

First place would pay 70% of 30 so $21
Second place would pay 30% of 30 so $9
Let say when you cash 50% of the time you 50% of the time you get 2nd%

So the average cash for a win is $15.

Now lets say you cash about 66% of the games you play and you play 25 games per day.
So you cash in 16 out of 25 games this come done to cashing in 16 or 17 games.

Cashes = 16 wins time the average of $15 = $240.
Fees = $5.50 per game * 25 games = $137.50
Profit = cashes - fees = $102.5 per day before any rewards for frequent player point etc.

If you can consistently cash in about 66% the 6 man of the SnG you play then you can profit get to about $500 in about 5 days.

Be ready to have swings in both directions, this is variance.
Some days you might win 85% of the games you play, and some days you may only win 40% or less.

Good luck in your SnG challenge!

This is an interesting example.

You can reduce the variance by playing in double or nothing SNGs where you need to finish in the top 3/4 (from 6/8) to cash.

This will reduce your risk but also your profit.

Your average cash would be static at $11 (minus rake) in this example ($5.50 buyin).

Adapting the above example for double or nothing:

Games played: 25
Fees = $5.50 x 25 = $137.50
Cashes = 16 wins x average of $11 = $176
Profit = $38.50

The real problem here is a $50 starting bankroll means you can only play 9 games at $5.50 before you go broke. You would need to cash in at least 5 out of the 9 to make a profit.

Therefore, it's better to start with $1 SNGs or $2 maximum. If you're playing double or nothing you need to cash in 26 out of 50 (at $1 buyin), or 13 out of 25 (at $2) to make a profit. In theory it should be half, but rake is a factor.

If you're playing standard SNGs where only the top 2/3 places are paid you would have to run insanely well in the short sample size that a $50 bankroll allows.

Perhaps it is better not to focus on the $500 target initially. You can attempt to grind the $50 into $100 then repeat the process until you have a larger bankroll and can move up stakes or play MTTs.

This all depends on which games you are good at and which favour your style.

I wish you all the best

 

[SightUnseen]

Yes, anything is possible. A few years back I did a ladder challenge on Bovada. I started at $5nl and ended up at $400nl. I laddered from $5nl to $10nl to $25nl to $50nl to $100nl to $200nl and ended at $400nl. I ended up turning that $5 into a little over $1600 in a period of 8 hours. At that time on Bovada the games were extremely soft, players were punting non stop and I ran well playing with discipline preflop and postflop. If I can do it, you can do it. Good luck.

 

[martinf1971]

To win you need to learn how to play , You need to know when to hold em and when to fold em , You need to know when you can steal or when to just let that one get away. A lot of information is in front of you when you are playing and being able to read it is of the upmost importance if you rely sheerly on luck you will lose your bankroll quick. I won $300 of $1.10 but this required luck aswell as skill.

 

[99TERRANCE99]

Ive done it in a day on gg so surely can see you doing it in a month ,depending what you are trying to use to grind it up gl gl !

 

[nellorossi83]

If it is possible?? Of course it is!! Its possible to turn U$50 in one Million, bu its hard.
Its possible to turn U$50 in U$0 too... its easier!! But everything its possible

 

[samsonand]

THE TRUTH I TRIED BUT MAYBE THE VARIANCE WAS NOT ON MY SIDE BUT IF I MADE SOME MONEY BEFORE LOSING HAHAHAHA I HOPE NOBODY WILL LAUGH BECAUSE IT IS TRUE WHEN WE BELIEVE THAT SOMETHING IS GOING, WE DO NOT MISS A BAD BEAT AND WE RUIN THE GAME

 

[dagscags]

limit holdem

 

[BatOneHat]

Not Possible for Me

i think it would be challenging. I don’t think I could do it.

 

[Poker Orifice]

Yes, here is specifically how to do it in cash games using a bankroll of 20 buy-ins:

1. Start at .01/.02 with a $2 Buyin and a bankroll of $40
2. Move up to .02/.05 with a $5 Buyin and a bankroll of $100 (move back down if your bankroll drops below $50)
3. Move up to .05/.10 with a $10 Buyin and a bankroll of $200 (move back down if your bankroll drops below $100)
4. Move up to .10/.25 with a $12.50 Buyin and a bankroll of $250 (move back down if your bankroll drops below $125)
5. Move up to .25/.50 with a $25.00 Buyin and a bankroll of $500 (move back down if your bankroll drops below $250)

Following is a complete chart showing when to move up (20 buyins) and when to move down (10 buyins).

Note that this is a very aggressive bankroll management style. I typically use 75 buyins for my bankroll.

OP was asking if possible while playing SnG's

Yes this would be a way to do it via cash games... .but it's also assuming that OP can beat 5nl (never mind 50nl)

 

[vovqa93]

Strongly depends on skills and game selecting skills.

 

[Ram41k]

It is possible

There are two options, either play by bankroll, but it will take a lot of time, or just win some kind of tournament to reach the $ 500 mark

 

[Uncloggie]

Yes, but it is easier to turn it into 0$ !

 

[Entrik]

This can be done in a couple of hours if you want, to win a simple tournament even for $ 2

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[theheeb1984]

Hey guys
I would like to know if playing a consistent poker, 20 or 25 tournaments per day, inside the bank, if it is possible to turn 50 dollars into 500 in a period of 1 month playing sit go?

Yes it is possible but you just need to be diligent to stay within your buy-in for your bankroll and not get loose on the standards. I have been enjoying the Grand Tour option in pokerstars where I have made about $80 this past week, although I apparently made the mistake last night and played after being out with friends drinking and all of that is now gone I highly recommend not following my method of playing after drinking, hahaha.

 

[KPC16]

Anything is possible my friend. Would it be hard? Yes, but it isn't impossible you just have to go out there and but the work in.

 

[Ram41k]

Lucky in poker

It's real if luck smiles on you

 

[dregan]

It all depends on your skills. You can lose everything in half a day. Before talking about it, you need to go through training and try for several years.

 

[Swat1197]

Try cash, it can help faster

 

[1nsomn1a]

You can do it in a couple of days, if you do not comply with bankroll management, the greater the risk of losing everything, the greater the profit.

It's not as crazy as it sounds, if you choose the right discipline and know how to play poker.

 

[German629]

Try cash, it can help faster

"Try cash, it can help faster"...to lose the remain bankroll!:bath: