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Poker Bankroll Building on a stake deal_update 2

Wednesday, November 25th, 2009 | Mark | Poker Articles, Poker Bankroll Building

I have started a stake deal with my good friend Artur. The deal is that I provide a starting bankroll of 2000$ and when he reaches 5000$ I receive 3000$. I have chosen to see the deal as a bet where I get odds 1.5 on my stake. Since I think the probability of success is more than 67% the EV on my bet is above 1. If you are a gambler you always take bets with an EV over 1

Here are some more details:

• Limits 0,5$/1$
• The project will obviously stop when the bankroll hits 0$
• I cannot pull out of the deal unless the bankroll reaches 5000$
• The daily running stop loss is 300$. This for example means that if the daily profit hits 600$ then Artur has to stop playing if the daily profit drops to 300$
• Rakeback goes back into the bankroll
• I receive weekly updates which I will post here

One month update

We are down to 1150$ which is obviously not good. Artur took a break from poker about 11 days into the project but unfortunately it did not change his luck.

Key hands; big pots lost where we were ahead:

• 330$ pot all in preflop with KK vs QQ vs 910. Flop is 10 10 6

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