Need Advice On Building A Bankroll

[Actuary 3]

Monoatomic:he said $50 was it.read.

[yergan 0]

Did you miss the part where he said he is a broke college kid?

Did you miss the part where everyone else had already pointed that out?

[Butcho22 0]

Did you miss the part where everyone else had already pointed that out?

Yes in fact i did....

[skinny 0]

Thanks for all the advice. I ahve read up on some books. I read doyles book but its too aggressive for my liking, and i read hellmuth's book which was alittle too tight. im currently reading harrington on hold em V1 which is a good mix more on the conservative side, but it deals more with tournemtn play. anyways thanks for the advice, and im off to play lol

[TheCinciKid 0]

Ok. It may work for some of you, but I could just never play seriously at any limits that wouldn't hurt me a little if I lost. Now I exercise proper bankroll management, but when I was just starting out and only able to risk maybe $50 at a time for online play it just wasn't worth it to me to nickle and dime my way up. You might as well be playing for play money. I say take a shot, and try to make a decent score so you can get to a point where the money matters to you and will make a difference. If you swing and miss, wait a little bit and try again. Ask any pro nowdays if they used the 300bb rule when they first started playing.

I completely understand what you're saying here, but it's entirely possible that it will hurt the OP if he loses his $50, which means that starting lower may be the way to go. Personally, it still hurts me to lose much of anything. I've become de-sensitized to the value of money in the past year of playing online poker, but it still really pains me when I lose a big pot. I just hate to lose though, and I hate to see my bankroll go down. As to the OP's dilemna, I'd say that if he's any good he can probably build up playing low limit SnGs and cash games. I highly reccomend him reading SSHE and playing some of the lower stakes limit games if he's on PokerStars, maybe .05/.10 to start out. I personally, built my entire bankroll off of $56. I deposited $100 on Party about a year ago and quickly donked all but $6 of it away playing LHE with no real clue how to play limit or about bankroll management (I was playing .5/1 and 1/2 with less than $100). During that time I did clear the $50 deposit bonus that I'd gotten so I was left with $56 and I knew I had no other money that I could deposit. I wouldn't have deposited if I hadn't already been somewhat successful in home games (which are essentially NL SnGs, so I decided to start playing those). I built the entire bankroll I have today from that $56. I played $5 SnGs until I had over $300, then I played $10's. I built up to over $600 in about 3 months or so. Then, after I hit a bad run in the SnGs I decided to re-read SSHE and get serious about Limit. That's where I've made most of my money this year. I'm not bragging (b/c it's really not that huge) just stating facts when I say that off of my $56 I've cashed over $2k from online poker in the past year and I still have a bit over $2k sitting online. So yes, a legitimate bankroll can be built from the ground up. It can be frustrating and with all the withdrawals I've been forced to make I sometimes wonder if I'll ever get any higher than 2/4, but I believe it's do-able to build a real roll from that $50, without ever having to take too big of a gamble (unless you consider playing SnGs with about 10 buy-ins a gamble).

[aadams_22 3]

Thanks for all the advice. I ahve read up on some books. I read doyles book but its too aggressive for my liking, and i read hellmuth's book which was alittle too tight. im currently reading harrington on hold em V1 which is a good mix more on the conservative side, but it deals more with tournemtn play. anyways thanks for the advice, and im off to play lol

That's one of the best things you can do right there.

[CobaltBlue 662]

five and ten cent no limit is much bigger than playing five and ten cent limit. The buy in for that game is 10 bucks and with only 50 bucks, that's only five buy ins. He can go broke easily.

Granted. I was lucky to not go broke. I'm just saying that .05/.10 NLHE is still considered a "micro-limit"...but that it's perfectly possible to build from there. I do think that some sites offer .01/.02 NLHE...which is what he should play if he wants to go the NL route. If he's competent, I actually think 8 buy-ins are sufficient for low level NL.

[skinny 0]

just to update u guys, in half an hr of playing .5/.10 NL on party im up 10 bucks. i tried multi tabling buts its too confusing for me at the moment.

[nutzbuster 7]

I have played play money games for months now, and won consistantly, so i decided to deposit 50 dollars into partypoker. I cant really put anymore cause im a student, and im low on cash. so it will have to doThanks for any help you guys can provide

Quit playing.Graduate.Get a good job.Resume playing.GL!

[lostless 0]

Don't lose faith. I started with 50 bucks and I had zero time to play. I took my time setting out. I had pokertracker and had read SSHE before I even depoisted 50 bucks to play .5/.10. I am risk adverse. Through 28000 hands and a few $5 dollar sit n go victories I have a roll of about 950 bucks. It can be done casually. Playing 25 dollar NL now and tourneys ( which are a hugh leak for me), the money now means nothing to me. Its all just poker chips and a good time.Oh and as soon as you can move all of it to party poker. It is donk infested in comparison to pokerstars.

[TheCinciKid 0]

just to update u guys, in half an hr of playing .5/.10 NL on party im up 10 bucks. i tried multi tabling buts its too confusing for me at the moment.

Single-tabling is probably a very good idea.

[hank213 1,823]

Being back in school myself I can certainly understand the point of fifty bucks being a relatively sizable chunk of change for you. I'm not going to say my advice here is the end all, be all of methodolgies for building a roll, but it's the one that I've had the most success with thus far after a few failed attempts trying other methods. I'm not where I want or need to be as far as online br, but I feel I'm on the right path (for me).First, I play very few tournaments. Sure, the payoff for winning a cheap sng can be a nice addition to your roll if you win, but you have to come in first a lot with the occassional second for it to be worthwhile. In a tourney, you are putting yourself in a situation where, at numerous points, you absolutely have to get lucky. Either get lucky and hit your card or get lucky and have your opponent miss theirs. Whereas, in a ring game, you will most likely still have the same kind of "get lucky" situation, but your control of choosing those times is muuuuuch greater. So I primarily stick to ring games.As to what kind of ring games and what stakes? Well, that is dependant on where you are with risk acceptance vs. risk aversion. I'm a fairly risk acceptant person. So I play a tad higher than I should with a initial deposit of $100. But, I've found I simply can't maintain the necessary focus at the .10 level. So, I play the .25 NL tables. These tables fit my style, and if I have a decent night I feel like I've actually accomplished something toward building my roll. If I have a horrible night, I make sure I've learned something so I don't make the same mistakes. Which brings to the last point I'm going to make in this novel sized post: discipline.Since I'm playing in a game where 1 buy-in represents a good portion of my online roll, I simply have to have the discipline to know when to stop! If I'm up, but I don't feel I'm playing like I should, I call it a night. If I'm down and I feel the first tinges of that desperation type feeling, I call it a night. Discipline to know when it's enough is a key for me. Hope this helps, and like I said, there are probably a lot better players that have "been there and done that" to listen to, but, I thought you might like the perspective of someone that is on the journey with ya.Good luck and feel free to pm me if you wanna discuss it more.

[finztotheleft 0]

I think OP should grind it out for a whole lot of reasons:- Learning and abiding by proper bankroll management principles now will enforce good habits that may save your *** later on.- Finding out that you suck at poker takes a lot of hands. If you do suck at poker, you can find that out for 50 bucks playing micro, or hundreds of bucks taking shots at bigger games. Which sounds better for a broke college kid?- With a decent stable win-rate, moving up a level should only take somewhere around 10k hands.- Working through the levels prepares you for the next one. There are differences at every level up. - Money is all relative. If it doesn't seem worth your time to play the micros now, what's to say you wont feel the same way about .5/1 after a couple thousand hands? If you cant play within your BR now, you may never be able to.

Well said

[skinny 0]

Being back in school myself I can certainly understand the point of fifty bucks being a relatively sizable chunk of change for you. I'm not going to say my advice here is the end all, be all of methodolgies for building a roll, but it's the one that I've had the most success with thus far after a few failed attempts trying other methods. I'm not where I want or need to be as far as online br, but I feel I'm on the right path (for me).First, I play very few tournaments. Sure, the payoff for winning a cheap sng can be a nice addition to your roll if you win, but you have to come in first a lot with the occassional second for it to be worthwhile. In a tourney, you are putting yourself in a situation where, at numerous points, you absolutely have to get lucky. Either get lucky and hit your card or get lucky and have your opponent miss theirs. Whereas, in a ring game, you will most likely still have the same kind of "get lucky" situation, but your control of choosing those times is muuuuuch greater. So I primarily stick to ring games.As to what kind of ring games and what stakes? Well, that is dependant on where you are with risk acceptance vs. risk aversion. I'm a fairly risk acceptant person. So I play a tad higher than I should with a initial deposit of $100. But, I've found I simply can't maintain the necessary focus at the .10 level. So, I play the .25 NL tables. These tables fit my style, and if I have a decent night I feel like I've actually accomplished something toward building my roll. If I have a horrible night, I make sure I've learned something so I don't make the same mistakes. Which brings to the last point I'm going to make in this novel sized post: discipline.Since I'm playing in a game where 1 buy-in represents a good portion of my online roll, I simply have to have the discipline to know when to stop! If I'm up, but I don't feel I'm playing like I should, I call it a night. If I'm down and I feel the first tinges of that desperation type feeling, I call it a night. Discipline to know when it's enough is a key for me. Hope this helps, and like I said, there are probably a lot better players that have "been there and done that" to listen to, but, I thought you might like the perspective of someone that is on the journey with ya.Good luck and feel free to pm me if you wanna discuss it more.

Tnx for the advice. I think for now ill grind it out at .5 .10 NL to gain experience.

[hank213 1,823]

Tnx for the advice. I think for now ill grind it out at .5 .10 NL to gain experience.

No better teacher. Good Luck.

[radar37 0]

My advice is to play low limit sit and goes to learn no limit holdem and also play whatever the lowest limit holdem table is for a while. Play as tight as you can possibly make yourself play and just try to enjoy yourself. There is a LOT to learn, and the more you learn the more you realise you don't know crap. Fortunately theres a bunch of other people out there just throwing money around not really trying to learn so hopefully you win some money off them to keep you going until you learn. Limit holdem will definetly help your no limit game so don't ignore it. I recomend Small Stakes Holdem, and that Harrington book your reading is pure gold. Most importantly don't spend to much time playing poker. Really your in college and you should be out getting drunk and banging chicks, not locked up in a room playing poker on a computer. You have your whole life to play poker, so play for fun in moderation now or with friends for low stakes so no one gets hurt to bad. GL.

[skinny 0]

UPDATE: played for 2 hrs, and im down 8 dollars, i was up 20, but i had my pocket kings cracked twice on the river, and aces cracked on the turn. Im having fun and learning to pay more attention but losing those three pots really hurt.

[CobaltBlue 662]

UPDATE: played for 2 hrs, and im down 8 dollars, i was up 20, but i had my pocket kings cracked twice on the river, and aces cracked on the turn. Im having fun and learning to pay more attention but losing those three pots really hurt.

Good luck, man. Big hands will get cracked, but you've got a good attitude.

[ajs510 122]

UPDATE: played for 2 hrs, and im down 8 dollars, i was up 20, but i had my pocket kings cracked twice on the river, and aces cracked on the turn. Im having fun and learning to pay more attention but losing those three pots really hurt.

Welcome to online poker, it doesn't change.

[Actuary 3]

UPDATE: played for 2 hrs, and im down 8 dollars, i was up 20, but i had my pocket kings cracked twice on the river, and aces cracked on the turn. Im having fun and learning to pay more attention but losing those three pots really hurt.

www.skinny'sblog.com

[jowest 0]

This is easy.buy in to $5 sit n goes and move all in on the first hand every time. Seems to work well for everyone I play with. Why not you.Donk away!(but seriously, good luck to ya)

[skinny 0]

UPDATE: Im down to my last 10 bucks. i faced some really bat beats. since the last post i lost with kings 4 more times, 3 ace kings and i couldnt hit a flop. It was crazy. Im playing in a 5 SNG hopefully my luck will change. it sucks but i guess it happens, it just sucks when ur kings are cracked after u go all in and a guy was chasing his flush.

[skinny 0]

UPDATE: i built my 10 bucks back up to 60 dollars, hopefully it keeps up

[blakheart 3]

Isn't variance fun!!

[Actuary 3]

www.skinny'sblog.com

I was joking.But, seriously, we don't need updates.We all play.