Andre Coimbra on his $1K Challenge: Level 1
Some years ago I did a challenge where I tried to turn $100 into $100K over the course of a year playing only tournaments. I didn't reach the $100K goal (I finished with $70K), but I learned a lot about tournaments and what kind of content my followers liked. Mostly they enjoyed the parts where I was playing the same games they were playing, which for most people were micro-stakes and low-stakes.
This year I've decided to give Twitch a try and do a challenge where you can see me playing live, and where I focus 100 per cent on what my followers like, micros and low stakes. But, instead of starting with $100, I started with $10, which pretty much everyone who plays online poker can afford. The goal was to reach $1K (100x the investment).
This time though there is no deadline, because I think that the process is more important than the goal. I just want to have a good time with my followers playing a fun game. We can learn together and if possible make some money!
I started by playing the $0.25 45-player sit-n-gos. The structure is pretty good and there is enough time to find good spots quite often. After a few days, I realized that the 90-players $0.25 had an even better structure (15 minutes blinds!) and that the players there were making more mistakes, so that became my main target.
In these sit-n-gos players didn't usually go all-in pre-flop without having a hand they believed was strong. So even though I wasn't getting too many crazy all-ins when I had my strong hands at the beginning at the tournament, I was able to steal many pots pre-flop cheaply in the late stages.
Later on I started opening some $0.10 360-player turbos and these were quite different! The players usually wanted to gamble early and get it in with weak hands. However, the bubble was serious business and players with some short stacks would just try to make it into the money as if their life's depended on it!
Don't believe me? Watch this bubble: https://www.youtube.com/watch?v=5HQdBcsAP08
I'm guessing that a lot of people make a few cents in the freerolls and then try to build it up from there in these tournaments...
So, if you have a stack where you can put pressure on the bubble, go for it and try to accumulate chips in these big sit-n-gos. In the later stages a big stack is worth a lot. You can increase your bankroll by quite a bit with a big finish, and final tables are a lot of fun!
Here's a video of me playing one: https://www.youtube.com/watch?v=l_fTVvz4BU8
After reaching $50 I moved up stakes and started playing $0.50 turbos, but that is a story for another day...
If you want me to keep writing about the next levels, please leave me a tweet @andrebcoimbra and join me live on twitch at http://www.twitch.tv/acoimbrapoker
Andre "acoimbra" Coimbra is a member of Team PokerStars Pro Online