Ignition Poker Bankroll Challenge

 
Ignition Poker Bankroll Challenge Rating: 6,4/10 6079 reviews

BankrollMob is proud to present the Online Forum Challenge sponsored by the outstanding Ongame poker room -Poker Loco. The challenge is made up by two events and a total of $2,000 in prize money. It all kicks off on the 3rd of September with $500 Freeroll event at 2pm ET. We finally completed our challenge and successfully turned $30 into $1000. The challenge started on the 22nd of November and officially finished 26th of April. (But more on that later.) Show me da money! Our Bankroll currently stands at $1006.44 (at the time of completion - it's gone up since then!) which means: - Net profit. 5 Golden Rules of Bankroll Management. Poker Money Is not Rent Money. This is Rule No. As we’ve mentioned, if you’re going to play online poker for real money, it’s vitally important to play with money you can afford to lose. The best way to ensure this is to keep your poker bankroll separate from the rest of your cash. Ignition Poker Review 2020. Ignition Poker is the US-exclusive “skin” of the Pai Wang Luo Network (formerly the Bodog Poker Network) – a worldwide network that has a particularly strong following in United States, Canada, Latin America, and the Far East.

Professional poker player Doug “WCGRider” Polk embarked on a bankroll challenge this week. These types of challenges are nothing new – plenty of players have tried them – but they are still a lot of fun. Polk began his Sunday, attempting to grow an online poker bankroll from $100 to $10,000 in the appropriately named “$100 to $10,000 Challenge.”

The most famous bankroll challenge was done by Chris “Jesus” Ferguson, back in 2006 when he wasn’t a known asshole. Ferguson did his a bit different than will Polk, aiming to generate a $10,000 bankroll from nothing. He started by playing in freerolls on Full Tilt Poker, taking several weeks to make just two dollars. He lost that money, but kept plugging away, eventually making $22 in freerolls. His breakthrough came when he turned a second place finish in a one dollar tourney into $104.

From there, Ferguson went on to hit his $10,000 in a total of about a year and a half. He made it all the way up to $28,000 before falling back below the $10,000 mark.

In an interview with PokerUpdate.com, Polk said that one way his challenge differs from Ferguson’s, aside from starting with $100, is that Ferguson had a strict set of rules, including one that stipulated that he had to have 20 buy-ins to sit down in a cash game. Polk feels that this rule, specifically, was “very aggressive” and “inadvisable.”

Polk, instead, has not set any rules for his play. He is going to treat the money like it is his own bankroll, trying not to lose it all.

He also said that Ferguson’s challenge is “long outdated,” as he started it before the UIGEA was passed, when online poker was much softer than it is now.

When asked why he is doing this, Polk said, “I took on this challenge because I want to prove that, even in today’s tough online poker ecosystem, a hopeful micro stakes grinder can still run up a bankroll. The days of the 2003 poker boom may be behind us, but that doesn’t mean we have to give up and blame our failure on the system.”

Polk is playing the entire challenge on WSOP.com in Nevada, streaming his sessions on UpSwing Poker’s Twitch channel. From what I have seen so far, he constantly interacts with viewers, narrating his games and answering strategy questions.

He told PokerUpdate that he is mostly going to play No-Limit Hold’em, though he is currently playing Pot-Limit Omaha (and winning a big hand for the buy-in he was playing). Polk began the challenge poorly, losing $17 in the first day, but that’s poker. One could argue that it is almost better that way, as having a huge run-up on day one could potentially make Polk and his fans overconfident.

As I write this, he is in the fourth day of the challenge and has worked his way back to around break even.

The best way to learn is through practise. That is proven many times in the academic field. You can spend lots of time reading through theory and memorising it, but you need to actually do it and repeat until it’s locked into your mind

That is why throughout this course we will guide you in a Poker Bankroll Challenge, where you start with an initial bankroll of $25 and by the end of the course will have turned that into a serious bankroll of $1,000.

Why Do the Poker Bankroll Challenge?

Practical experience is a great way of learning. There are many lessons in this course, some of which are quite straightforward and not that hard to take in, but others are fairly in-depth, and it may be difficult to fully grasp until you have actually put the theory into practise.

You have already been through the bankroll management lesson and should now understand the importance of only playing at stakes that your bankroll will support, with plenty of redundancy to allow for bad (losing) sessions.

You will also understand that to play even at medium stakes using proper bankroll management, you require a significant total bankroll amount.

Poker Bankroll Management

So, the Bankroll Challenge will bring all of these together:

  • Give you practical experience to allow you to put lesson content into real life situations.
  • Teach you a correct way to move up through the stake levels using correct bankroll management.
  • Build a serious bankroll of $1,000 to allow you to play the medium stakes and continue to grow after this course.

How it Works

Throughout the Poker Bankroll Challenge, you will be playing at No Limit, Texas Holdem Tables. We’ll start on the lower stakes and gradually move up the stake levels as we achieve goals and increase our bankroll.

We have already made recommendations of where to play at whilst you are doing this challenge, based on which rooms proved to be the most profitable based on the strategy taught in this course. If you have not already signed up to 888 Poker (or Bovada Poker for US players) then go back to the very first lesson in this course and follow the instructions and links there to get setup.

Make sure you are familiar with the lobby layout and are able to find the Texas Holdem, No Limit, Cash (Ring) Game Tables. Make sure the tables are ordered by stake level. If you wish you can set the filter up to only show the tables you are interested in and make the lobby a bit cleaner.

Remember we are only looking for standard full tables which seats 9 or 10 players, ignore the short-handed tables for 5 or 6 players, as these require an adjusted strategy.

The Poker Bankroll Challenge Box

During the course, at the end of various lessons, you will see the Poker Bankroll Challenge box, one for each of the 12 stages of the challenge.

Here is an example box, everything is fairly self explanatory, but we have included some details below to make sure:

Poker Bankroll Challenge: Stage 1

Building A Poker Bankroll

  • Stakes: $0.02/$0.04
  • Buy In: $3 (75 x BB)
  • Starting Bankroll: $25
  • Target: $3 (1 x Buy In)
  • Finishing Bankroll: $28
  • Estimated Sessions: 1

Use this exercise to get used to selecting which starting hands to play and which not to play according to the Starting Hands chart and get used to understanding what position you are in at the table. Don’t get too carried away at this stage though, play conservatively and be aware that someone may have a better hand than you. We are going to learn in more detail about betting after the flop later in the course.

Stake Level

This gives you the stake level of the table you should play at. If your poker room doesn’t offer that particular stake level then find the closest one to it and adjust accordingly based on what you have already learnt.

Remember, look for the table with the highest percentage of Players per Flop, as this indicates more fish at the table. Anything over 20% is fine but the higher the better. You should also pay attention to the Average Pot Size as we also want to select a table with a high average pot size. At this stage, It doesn’t matter which seat you sit at so you can choose any seat.

Bankroll

Buy In

The Buy In amount is the portion of your total bankroll that you will sit down at the table with. As you join a table it will ask you how much money you want to put into your stack between the table min and max limits. This will usually be 100 x Big Blinds but on some occasions may reduce to 75 x Big Blinds to remain within good bankroll management rules.

Target & Estimated Sessions

The target is the amount that you need to win to complete this stage of the challenge. You don’t have to achieve this all in one session, and an estimated number of sessions is provided as a guide to the number of sessions we think it might take to complete the challenge. Be aware that it may take you more or less time to complete and this is purely a guide.

A session is considered to be between 1-2 hours at the table, and each time you start a new session you should sit back down with the same initial buy in (not the previous balance that you had in your stack at the end of the last session)

Notes

Finally there will also be some brief notes from us on each stage to guide you along and explain the practical purpose of the stage and give you a little bit of encouragement.

Quick Links to Challenge Stages

Good Luck!

Don’t be intimidated by this challenge, we’ll move up in small stages and you’ll be building your new strategy as you go. Each stage you should start to feel more confident and more grounded in the way that you play, and please take our word for it that the practical experience is worth the time you are putting in at the tables, plus it makes it more fun and your building a bankroll as you go too!

Since Poker Professor started in 2005 we have had many success stories with our Bankroll Challenge. We receive emails all the time from happy community members who have felt the enormous sense of achievement by completing the challenge.

Remember, we are always here to support you, if you have a problem, or get stuck on a lesson or topic then please don’t be afraid to ask for some advice in our Questions and Answers forum – no matter how trivial or silly you think the issue is.

Ignition Poker Bankroll Challenge Tips

Congratulations: Unit 1 Complete

Ignition Poker Bankroll Challenge Games

Well done, that’s the first Unit complete. Now you have been introduced to the course and understand some of the key concepts that underpin your new strategy. You are also setup with our recommended poker room and are ready to get started with the Poker Bankroll Challenge. Next, in Unit 2 we are going to look at how to act before the flop and really get started learning your new winning strategy.