I actually started this even before I knew what I was aiming for. I knew I didn’t want to deposit any amount to an online poker room and my options were limited to playing freerolls. I’ve earned some money in Pacific Poker but the field has multiplied since and I’m no longer able to get in the money now. I’ve been playing freerolls on PokerStars but I’ve never been in the money there.
But now I already have a feasible plan to get my first deposit free. It’s through the commission I get from the ads on my blogs. I would’ve been blogging with or without me earning from it so the amount I get from ads would really be unallocated and it’s going to be my poker bankroll.
My goal is to get from Php 0 to Php 1,000,000 ($23,386). If I reach my goal through poker or if I reach it through ads, I don’t much care. But I’d prefer it if I reached $23,386 in online poker and another $23,386 through the ads. J
My rules for this challenge are simple. When I reach a certain amount from the ads, I’ll transfer them to PokerStars. I’ll try to build it to get to my goal. I’ll still continue to save the earnings from the ads in case I lose the whole bankroll and I have to reload. I won’t withdraw my PokerStars money until it reaches the goal or it’s a matter of life or death and I really need the money.
My real goal is financial independence (poker-wise), the state of always having money to play with. I want to experience the feeling of being able to play any tournament regardless of the buy-in or ring game regardless of the stakes. I want to be able to provide for a family and still be able to play and not have to compromise any of them.
So the race is on.
Target date of first deposit to PokerStars: Sep 1, 2008
Target date to reach half-way mark: Feb 15, 2009
Target end date of whole project: May 26, 2009