I managed to play another winning day of $.02/.04 limit holdem :) It was a fun day. There was oOne thing that I noticed, that seemed slightly funny. There was one guy that seemed to be telling people how to play, what to watch for, how it is rigged, etc. I thought to myself that most of the people that are playing .02/.04 are either strictly having fun, have very little money, or are not good enough to play at a higher limit. If that is the case, let them play the way the do, and exploit their weaknesses. Let them learn for themselves how to play better, don't teach them while you are playing.
As for todays session, I almost got 1800 hands, and showed a profit of $4.03, a little more than 5.5 BB/100 hands.
Since the start of this challenge, I have played 13,859 hands, $16.95 profit, and 3.05 BB/100 hands. I think that I was on the low end of the number of hands needed to get to a level to move up. I had originally thought that it would take 15k-16k hands to get to $25 so that I could start to play some .05/.10 limit. Now, I am thinking that it will be closer to the 20k range. Either way, I will get there sooner or later. If I hadn't played those two tournaments, I would have had another $2.20 in my bankroll.
The more that I play, the more that I notice that if you have a sufficient bankroll, going bust would be tough. I know that I am no where near a reasonable bankroll for anything other that .02/.04 right now, but once you have a bankroll established, as long as you have the ego to be able to step down a limit, going bust is going to be very difficult. Going up in limits might be a little tougher, but actual busting would be tough.
I have still not started to do much review of my sessions, but know that I will have to start doing that more when I can manage to get up to the higher levels. I can get by now at the lowest limits, but as the play/players get better, I am going to have to do some things to improve to be able to keep going up.
Starting Bankroll: $11.43
Ending Bankroll: $15.46
Profit/Loss: $4.03
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