Bankroll And Other Stuff

[Bellerophon 0]

Sorry if I don't understand you. Could you please explain this?Also, could you answer my previous question about what stakes you play and what your bankroll is?Just trying to get a better understanding of where you're coming from.

Well, right now I really dont have a bank roll. I won $500 playing some home games and only invested $150 online to play the satellites, then i was playing .5/.10 nl cuz I basically was down to nothing. I turned that into 300, grinding it out for a week on those tables and recieved a 300 bonus from doyles and cashed that out cuz I owed someone some money. I transferred the 300 left from doyles to full tilt and then was playing there. Just lost my remaining on that set of 3's. I was playing really well but when I got to full tilt i couldn't hit anything and then when i did, someone always out flopped me. Flushes, 2 pair, higher set, etc... I was playing at the one table for last 4 hours and maybe had 4 hands to play.

[Actuary 3]

Well, right now I really dont have a bank roll. I won $500 playing some home games and only invested $150 online to play the satellites, then i was playing .5/.10 nl cuz I basically was down to nothing. I turned that into 300, grinding it out for a week on those tables and recieved a 300 bonus from doyles and cashed that out cuz I owed someone some money. I transferred the 300 left from doyles to full tilt and then was playing there. Just lost my remaining on that set of 3's. I was playing really well but when I got to full tilt i couldn't hit anything and then when i did, someone always out flopped me. Flushes, 2 pair, higher set, etc... I was playing at the one table for last 4 hours and maybe had 4 hands to play.

\thread.please.

[Bellerophon 0]

\thread.please.

???? please what

[SCS 0]

Well, right now I really dont have a bank roll. I won $500 playing some home games and only invested $150 online to play the satellites, then i was playing .5/.10 nl cuz I basically was down to nothing. I turned that into 300, grinding it out for a week on those tables and recieved a 300 bonus from doyles and cashed that out cuz I owed someone some money. I transferred the 300 left from doyles to full tilt and then was playing there. Just lost my remaining on that set of 3's. I was playing really well but when I got to full tilt i couldn't hit anything and then when i did, someone always out flopped me. Flushes, 2 pair, higher set, etc... I was playing at the one table for last 4 hours and maybe had 4 hands to play.

What stakes were you playing at Full Tilt with $300?

[Bellerophon 0]

What stakes were you playing at Full Tilt with $300?

i started playing the .50/1.00

[SCS 0]

i started playing the .50/1.00

I'm assuming this is NL. That's 3 buyins. You should have 15 buyins minimum.And Actuary is right. This thread should have ended awhile ago.I'll post no more in here.

[Snamuh 0]

i started playing the .50/1.00

This alone proves that you don't know bankroll management. You are playing 100 NL with a $300 roll? That's 3 buy-ins. You deserve to go broke. I felt under-roled playing .25/.50 with a $400 bankroll and I still don't even have a great bankroll for it with $950 (19 buy-ins).

[Zach6668 513]

I felt under-roled playing .25/.50 with a $400 bankroll and I still don't even have a great bankroll for it with $950 (19 buy-ins).

Because you were... and still are?

[Snamuh 0]

Because you were... and still are?

Indeed. It was dangerous, albeit not as dangerous as playing with 3 buy-ins! And I generally feel comfortable playing with as little as 8-10 buy-ins if need be. My current 19 buy-ins is more than enough because I'm crushing it!

[Zach6668 513]

Indeed. It was dangerous, albeit not as dangerous as playing with 3 buy-ins! And I generally feel comfortable playing with as little as 8-10 buy-ins if need be. My current 19 buy-ins is more than enough because I'm crushing it!

I preach what I don't do, lol. I did the same as you when I started playing NL, since I had a short roll. I preach BR management, and understand it, but don't necessarily apply it 100% of the time.

[Bellerophon 0]

Okay well that's fair, however it's not like I was playing out of my stakes? I understand you need to account for Ruin, but I wasn't really getting all serious on it. I grinded out a week of the .10/.20 NL (featured on doylesroom.com) with very little and worked my way up to the 300. So, I had double what I initially deposited. I figured the 3 buy-ins was enough chances for me to make some decent money at a better rate per hour. You guys may want to read into things or make assumptions but I am confident in my skills. I've played in a few big pot limit games in casinos and did very well against good players. Also including my frequent 5/10 limit game which i made 2-3k in a couple of months. I'm much better now than I was then, and still learning from past mistakes. Im not the greatest nor do i claim to be, and i never have. I just wish people would stop putting on an act with their brass balls when sitting behind their cpu. There's no reason to constantly bash people and talk crap all the time. I think some people on here need to seriously grow up. That's all. I won't be on here much longer so feel free to take some stabs to boost your ego's some more.

[Bellerophon 0]

I preach what I don't do, lol. I did the same as you when I started playing NL, since I had a short roll. I preach BR management, and understand it, but don't necessarily apply it 100% of the time.

Well, looks like I follow in your footsteps . I may not have the perfect game or strategy, or even the best math skills or analytical abilites, but I got heart (some sarcasm there, but I do have lotsa heart). I took $100 out of the $300 I owed to someone, and sat at that damn $100 NL buy-in table. I ended up leaving with $420. So, I won all of it back + $20..... whew. I left before I could lose it back to some river catch and I need to get some sleep.

[donk4life 34]

I play $5/10 tables with 100 bucks.. whats wrong with that? I thought I had great BR management

[Zach6668 513]

I play $5/10 tables with 100 bucks.. whats wrong with that? I thought I had great BR management

That's awful.Sitting with $100 even if your roll is $1 million is awful at a 5/10 game.You're supposed to have 300 BB for full ring, 500 for SH, so you would need $5000 to play 5/10 SH.You should SIT with 25 BBs or so when you do sit in a limit game, and at MINIMUM 12 BBs.- Zach

[Bellerophon 0]

That's awful.Sitting with $100 even if your roll is $1 million is awful at a 5/10 game.You're supposed to have 300 BB for full ring, 500 for SH, so you would need $5000 to play 5/10 SH.You should SIT with 25 BBs or so when you do sit in a limit game, and at MINIMUM 12 BBs.- Zach

Doyle recommends 200x the BB for a cash game but 300 would be better i guess.... although I don't know if that's necessary. And yeah, when I use to play 5/10 limit and see someone sit with 200 or less i just didn't get it. I always sat with 500 and that could be considered low. Although, I was always the biggest stack at the table usually.

[Zach6668 513]

Doyle recommends 200x the BB for a cash game but 300 would be better i guess.... although I don't know if that's necessary. And yeah, when I use to play 5/10 limit and see someone sit with 200 or less i just didn't get it. I always sat with 500 and that could be considered low. Although, I was always the biggest stack at the table usually.

Well, for a specific session, the amount you sit with really doesn't matter. As long as you have 12 BB at the start of the hand (unless there is no cap HU, then the more the merrier).200x the BB is enough, IMO, but the 300 comes from a specific risk of ruin calculation, and is just an estimate for the average (winning) player.I don't know the formula, but it's a function of your winrate and standard deviation, so it's not the same for each person, but rather they use 300 as a good estimate.Having said that, for SH, I would recommend at least 500, as I have seen 300 BB downswings come and go, and there's little doubt in my mind (and my stats) that I'm a winning poker player.- Zach

[Bellerophon 0]

Well, for a specific session, the amount you sit with really doesn't matter. As long as you have 12 BB at the start of the hand (unless there is no cap HU, then the more the merrier).200x the BB is enough, IMO, but the 300 comes from a specific risk of ruin calculation, and is just an estimate for the average (winning) player.I don't know the formula, but it's a function of your winrate and standard deviation, so it's not the same for each person, but rather they use 300 as a good estimate.Having said that, for SH, I would recommend at least 500, as I have seen 300 BB downswings come and go, and there's little doubt in my mind (and my stats) that I'm a winning poker player.- Zach

Please articulate what IMO and SH are? I don't speak poker forum l337, lol.

[donk4life 34]

That's awful.Sitting with $100 even if your roll is $1 million is awful at a 5/10 game.You're supposed to have 300 BB for full ring, 500 for SH, so you would need $5000 to play 5/10 SH.You should SIT with 25 BBs or so when you do sit in a limit game, and at MINIMUM 12 BBs.- Zach

Lol Zach, not too quick on the uptake there? Note: I was only kidding, didn't expect anyone to take that seriously...

[kkot 0]

Please articulate what IMO and SH are? I don't speak poker forum l337, lol.

In my opinionShort handed

[Bellerophon 0]

In my opinionShort handed

Ok, thats what I thought SH was.

[Zach6668 513]

Lol Zach, not too quick on the uptake there? Note: I was only kidding, didn't expect anyone to take that seriously...

bleh, hard to tell from people I don't know.I don't tend to bias people on post counts, but I give the benefit of the doubt to someone with a few posts, that they just don't know, so I thought I'd help.

[donk4life 34]

bleh, hard to tell from people I don't know.I don't tend to bias people on post counts, but I give the benefit of the doubt to someone with a few posts, that they just don't know, so I thought I'd help.

Lol i see.. I'm more of a reader than a poster... thats why I have so few posts.

[jmkiser 0]

Please articulate what IMO and SH are? I don't speak poker forum l337, lol.

imo = in my opinionsh = short handedalo everyone! :PI think I'm going to be a cross-over from the religion forums to these forums and work both for fun. Regarding the bankroll management, it (sadly) applies just as much to the micro limits as it does to the higher limits... if not more.Speaking about NLHE, I think it is common knowledge that you are going to take many more bad beats in the micros then you will in the higher ones online. In my experience, there are many more all-ins for quite a few reasons (people buy in for less then they should at lower limits, people overbet more because they don't know any better, people call you down more with anything), but these are things to take advantage of. I find that I am quite unlucky more often, but I have to force myself to recognize that it is a good thing because I am getting my money in with the best of it. With that in mind, though, bankroll management becomes ridiculously important at micro limits unless you win with 2-1 odds 90% of the time. Of course any of us would take those odds at anytime, but we all know that it is easy to lose 1 out of 3 times. If you only have 3 buy-ins to whatever micro-limit you're playing at, that can get swallowed up very quick.I play .05/.10 ($20 NLHE) at Absolute with a $60 BR (sometimes multi-tabling) and that scares the hell out of me much more then when I played live 1/2 NLHE ($100 NLHE at one of the local card clubs) with a $2k bankroll. It scares me enough that it even detracts me from logging on more then I should.... I'm definitely a winning player at those stakes, but I've had to survive a lot more races the I would like to all the time. It's a slow grind with a very minimal bankroll that I can't wait to get out of.

[Actuary 3]

I play .05/.10 ($20 NLHE) at Absolute with a $60 BR

you call that a bank roll?edit... for $20NL

[jmkiser 0]

Not really, but I haven't felt like adding a real deposit ever since the UIGEA (w/e the acronym is) came out. I feel a bit more comfortable now, but the money I'm playing with is the free $50 you can get from PSO.