Skip to forum
becoming a milliona...
 
Notifications
Clear all

becoming a millionaire from rakeback

47 Posts
19 Users
0 Reactions
8,081 Views
meepwn
Joined: 11.07.2011
  • Days since the start of the blog: 91
  • Days remaining till my deadline: 1369
  • Current bankroll: 2475€
  • Starting bankroll: 300€
  • Final goal: 1,000,000 BGN = 511,261€

Goal for February:

- get to 5k€ bankroll
- play 2,500 SNGs with at least 2% ROI; 10€-20€ buy ins, maybe jump to 30€

BTW if anyone wants to bet whether I can get to 5k roll in a month, I'm totally up to it. I love to gamble.

- moved out in a new place, its a total shithole, but thats OK, I'm saving money.
- arranged coaching with parodiq, the hand analyzer for the SNG forums, definitely worth the money!

I probably should mention that this goal, 1 million BGN in not the typical daydreaming. I honestly believe this is realistic and very achievable. Once I get there, I intend to invest the money, let them grind for me, for a change.

Right now an insanely good investment idea is creating your own poker client. The legal situation in Bulgaria is complicated, because Bulgaria is trying to become a restricted market, like Spain, France and Italy. Whoever gets a license from the Bulgarian government first, will have a monopoly over the market for a decent period of time. However, all the big clients, Microgaming, Stars, Full Tilt, Ongame, Boss, etc etc etc, don't want a lisence, since the taxes will become higher than the current taxes, and they are in a "cartel" of sorts. Nobody wants to bother going through the painful and expensive legal process of obtaining a licence, since the Bulgarian market is 10 times smaller than, say, the French market, and its not really worth fighting over. And they will pay much higher taxes, obviously.

Still, its an incredibly lucrative business idea. Too bad I don't have a million dollars lying around _cry: _cry: _cry:


Reply
Quote
BrokesoBroke
Joined: 23.10.2007

Great!


Reply
Quote
BrokesoBroke
Joined: 23.10.2007

I hope you stay on track and reach your goals! It's not easy but don't let people tell you that you can't achieve it!


Reply
Quote
meepwn
Joined: 11.07.2011

I've left this blog for almost a month, time for a brag post

total bankroll: 7843

  • Days since the start of the blog: 116
  • Days remaining till my deadline: 1344
  • Current bankroll: 7843€
  • Starting bankroll: 300€
  • Goal for March: 12,500€ after cash outs
  • Final goal: 1,000,000 BGN = 511,261€

I'm not counting the 10k win in my bankroll, because its not cash, its a package for the WSOP main event, and besides I'm not 21 yet, so I'm not eligible to play it X( To be fair, its at least 75% the poker clients' fault, since there was no warning or message about this age requirements, and they accepted my buy-ins for at least 6-7 sattelites no questions asked. Hopefully it will work out. I offered them to play in EPT, WSOPE or some other tournament instead, or sell the package to someone over 21.

Here are the final 2 hands for the second tournament. It lasted a looong time and within 2 hands I was first, almost disappointing.

Hand 1:

No Limit Holdem Tournament
Prima
3 Players
Hand Conversion Powered by weaktight.com

Stacks:
Hero (BTN) (2,172k) 36bb
SB (1,140k) 19bb
BB (1,213k) 20bb

Blinds: 30k/60k

Pre-Flop: (108k, 3 players) Hero is BTN K♦ K♥
Hero raises to 120k, SB folds, BB calls

Flop: 7♥ 5♦ Q♦ (228k, 2 players)
BB goes all-in 1,087k, Hero calls 1,087k

Turn: 8♣ (2,401k, 2 players, 1 all-in)

River: 7♣ (2,401k, 2 players, 1 all-in)

Spoiler

Final Pot: 2,401k
Hero shows
K♦ K♥
BB shows
Q♣ 10:club:

Hero wins 2,461k (net +1,255k)

BB lost 1,147k

No Limit Holdem Tournament
Prima
2 Players
Hand Conversion Powered by weaktight.com

Stacks:
Hero (SB) (3,252k) 54bb
BB (1,272k) 21bb

Blinds: 30k/60k

Pre-Flop: (102k, 2 players) Hero is SB J♣ Q♦
Hero calls, BB checks

Flop: 10:diamond: 2♦ 4♠ (102k, 2 players)
BB checks, Hero bets 66k, BB calls 66k

Turn: 2♠ (234k, 2 players)
BB checks, Hero bets 108k, BB calls 108k

River: J♦ (450k, 2 players)
BB checks, Hero bets 134k, BB goes all-in 1,032k, Hero calls 764k

Spoiler

Final Pot: 2,379k
Hero shows
J♣ Q♦
BB shows
8♦ 4♣

Hero wins 2,543k (net +1,442k)

BB lost 1,266k


Reply
Quote
Rick21
Joined: 02.08.2008

Awsome results mate, did u have a lot of experience previously before this challenge?


Reply
Quote
meepwn
Joined: 11.07.2011

Thanks! I've played for a year, year and a half until now.

Just came down from a nice ski trip. I know its cliche, but it was very beautiful. I haven't played for two weeks, which is the longest break from poker since I turned 18 I'm waiting for my cashouts from the fucking boss media and then I'm gonna grind like there's no tommorow.

Meanwhile:

€1/€2 Pot Limit Omaha Hi
Prima
5 Players
Hand Conversion Powered by weaktight.com

Stacks:
UTG (€257) 129bb
CO (€453.40) 227bb
BTN (€426) 213bb
SB (€98) 49bb
Hero (BB) (€298.60) 149bb

Pre-Flop: (€3, 5 players) Hero is BB K♦ Q♠ 9♦ 9♠
1 fold, CO raises to €6, BTN raises to €21, 1 fold, Hero calls €17, CO calls €9

Flop: 10:diamond: 5♦ J♠ (€56, 3 players)
Hero checks, CO checks, BTN bets €64, Hero raises to €256, CO folds, BTN goes all-in €341, Hero goes all-in €21.60

Turn: 3♠ (€738.60, 2 players, 2 all-in)

River: A♥ (€738.60, 2 players, 2 all-in)

Final Pot: €738.60
BTN shows
2♥ 7♦ A♦ A♣
Hero shows
K♦ Q♠ 9♦ 9♠

Hero wins €616.20 (net +€319.60)

CO lost €15
BTN lost €426


Reply
Quote
meepwn
Joined: 11.07.2011

€0.50/€1 Pot Limit Omaha Hi
Prima
6 Players
Hand Conversion Powered by weaktight.com

Stacks:
UTG (€100) 100bb
UTG+1 (€114.76) 115bb
Hero (CO) (€155.36) 155bb
BTN (€17.42) 17bb
SB (€52.38) 52bb
BB (€110.31) 110bb

Pre-Flop: (€1.50, 6 players) Hero is CO 9♥ 7♥ K♦ Q♦
1 fold, UTG+1 calls €1, Hero raises to €4.50, 1 fold, SB calls €3.50, 1 fold, UTG+1 calls €2.50

Flop: A♣ 8♠ 10:spade: (€13, 3 players)
SB checks, UTG+1 checks, Hero bets €12, SB raises to €24, UTG+1 folds, Hero calls

Turn: 2♥ (€49, 2 players)
SB goes all-in €23.88, Hero calls €23.88

River: 4♥ (€96.76, 2 players, 1 all-in)

Spoiler

Final Pot: €96.76
Hero shows
9♥ 7♥ K♦ Q♦
SB shows
7♣ 9♣ K♠ J♠

Hero wins €107.26 (net +€66.88)

UTG+1 lost €3.50
SB lost €51.88

roflmao


Reply
Quote