I have played online poker off and on for about four years now and randomly i sparked an idea. The American dream is always to turn something of little value and find out it will make you wealthy. Everyone has hobbies like; collecting coins, antique hunting, even fishing and hunting. When i have me time i enjoy competition and gambling. I know these two are not great hobbies but i do enjoy them. The idea from Ramen to Riches is simple. With online poker i play micro stakes which is like playing with pocket change. The idea of living off my poker would be like eating top ramen every meal. I want to see if i can go from eating ramen every meal to being able to live off a hobby.
Like i said though i have been playing for four years and not had great success, upon further research i found full tilt pro Chris Furgeson did the same thing by following rules.
1) on a ring table if at any time your stack is the equivelant of 10% of your bankroll you exit that table to reduce the risk of losing it. Go to a new table so that a bad beat does not hurt as much
2) on tournies and sit n goes do not increase stakes until you have 40 buy ins of the next amount. For example a $2 dollar tourny would need a bankroll of $80.
3) this is the important one: NEVER REBUY with all the freerolls out there if you truely are dedicated the freerolls are enough.
This blog is also a way to reflect on my day of poker. I play on three different sites and will update after i play.
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