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Should I follow bankroll management rules?
 

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  16-Sep-14, 15:07   #1
Magatt966's journey on Pokerminds rollercoaster 0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Following qzmag's suggestion about Pokerminds

Posted by qzmag:
Posted by magatt966:
Posted by qzmag:
Magatt you can't play on PokerMinds?

.. blablabla-boredomboredomboredom..... last friday I was considering to start playing there ... blablabla-boredomboredomboredom..... should I?
.... blablabla-boredomboredomboredom....

... blablabla-boredomboredomboredom.... It worth a shot .


I decided to fire that shot and created an account at pokerminds: magatt966 at the tables as well.

I'm starting from freerolls and, for the first time in my poker life, I'm tempted to disregard any bankroll management rule.
This is due to freeroll winnings withdrawal policy: didn't read them but heard you have to earn a lot of pokerpoints for each buck won at freerolls to be withdrawable.

Played two freerolls and cashed both:

- 2nd place in BRM freeroll for €4,75 (btw congrats to the winner mobster666)

- 10th place in €10 daily freeroll for €0.80 (only played first 30 minutes: built a huge stack and then had to go. Only discovered later I cashed lol)

BR € 5.55

Siitting at 2 NL2 ringgame tables: lets see how my first day will end Smile

For the first time want to make it public and I'm intentioned to ask you suggestions and tips about decisions to be taken from time to time.


First decision to be taken: should I follow a wise bankoll management or should I disregard it?
Vote please

     
  16-Sep-14, 15:11   #2
  0 
jeffaboy 
Joined: Jan '14
Location: Netherlands
Age: 20 (M)
Posts: 863
I think you should use atleast a bit of BR management man , i mean dont go sit at a 5/10 table when u only got 1BI or something you know but furthermore i would like to wish you the best of luck at the tables and may the cards be with you Smile Cool Worship

     
  16-Sep-14, 15:13   #3
  0 
dlkiv 

Joined: Aug '08
Location: Canada
Age: 51 (F)
Posts: 2558
Hey magatt my love Heart I never comment on bankroll management or poker play, but just want to wish you all the best and kick ass at those tables dear Heart Blink

     
  16-Sep-14, 15:16   #4
  0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Posted by dlkiv:
Hey magatt my love Heart I never comment on bankroll management or poker play, but just want to wish you all the best and kick ass at those tables dear Heart Blink


I love you too...everyday more...just vote if you already didn't Worship Worship

     
  16-Sep-14, 15:17   #5
  +1 
dlkiv 

Joined: Aug '08
Location: Canada
Age: 51 (F)
Posts: 2558
lol I did vote Tongue Tongue

     
  16-Sep-14, 15:20   #6
  0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Posted by dlkiv:
lol I did vote Tongue Tongue


lol then + Thumbs Up to your choice

     
  16-Sep-14, 15:37   #7
  0 
qzmag 
Joined: Nov '11
Location: Romania
Age: 27 (M)
Posts: 704
Hello,
Good luck magatt Big Smile, see you at the tables. If the tourneys would not cancel almost every time, and ppls play them, you can get lots of points. I played last night a 4.40 euro, well i spent another 3 rebuys, and got 2nd place like an idiot what i am, for only 20 euros, 1st place 34, and i had my stack 3 times bigger.
I'm at 37 euros, droped from 48, and made 120 Pokerpoints, don't know how much i got from freerolls rly, but i got 7.80 euros from one and many other from 0.25 to 5 euros i think.
Yeah the ammount of pokerpoints you need to generate is insanely big, on ballbaker, you need to play 5 times the cash from freerolls. ( probably that's why they got busted out ).

Have a nice day / night and GL.

     
  16-Sep-14, 16:24   #8
  0 
demodawggy 

Joined: Feb '12
Location: Canada
Age: 56 (M)
Posts: 5680

Currently I'm in the 'lower' 80 percentile of the vote....! That dirty Ho...!

Make me stoop even HERE with other folks around...!!! Angry

..."PokerMinds roller-coaster"...? Should be a good laugh...!


It actually sounds PROFITABLE over there $$$,...but I've got enough on my plate already...!

If it turns out anything like the BrMs on PS,...check all logic at the door...! Confused Big Smile Thumbs Up

     
  16-Sep-14, 17:00   #9
  0 
Heskor 
Joined: May '13
Location: Mauritius
Age: 25 (M)
Posts: 2659
You should definitely stick with some bankroll management stuffs if you are to survive in poker and betting in general as you never know when variance will hit and you can lose a lot of rolls like that if you dont have discipline. Also if you play hgh buyins with a low bankroll you can go bust and then will be out of action, and you never know you could have won the next one if you had money to buy in. Anyway good luck mate have fun at the tables and good luck with Bankroll management it is hard to follow but worth it!

     
  16-Sep-14, 17:06   #10
  0 
DDPascalDD 
Joined: Jan '14
Location: Netherlands
Age: 26 (M)
Posts: 508
Posted by Heskor:
You should definitely stick with some bankroll management stuffs if you are to survive in poker and betting in general as you never know when variance will hit and you can lose a lot of rolls like that if you dont have discipline. Also if you play hgh buyins with a low bankroll you can go bust and then will be out of action, and you never know you could have won the next one if you had money to buy in. Anyway good luck mate have fun at the tables and good luck with Bankroll management it is hard to follow but worth it!


Yeah but if you can win money from the freerolls so easily then you can get your money back very soon so it can be worth the risk!

     
  16-Sep-14, 17:32   #11
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 39 (F)
Posts: 10016
Well if you keep winning money in freerolls and at the same time you are grinding for the points
needed, then sttick to the bankroll management. At some point you will clear a portion
of it i believe Smile Had to go with first answer Smile Good luck on grinding

     
  16-Sep-14, 20:46   #12
  0 
xxxpokerxxx1 

Joined: May '08
Location: Canada
Age: 40 (M)
Posts: 941
hello,well,I started my adventure,on pokerminds awhile back made the 10 e deposit won one of the 1000 euro for 290 and I am currently heading for another final table the depo tourney the winnings play through is 10x what ever you when in the freerolls I have cash out once through my visa,the cash out wasn't long only 72 hrs until I got my money on my visa,so i was and am very happy playing there,plus I just love it the brmers got a status upgrade to silver,I am on my 2nd cash out,and am having some fun,but you do need to earn a lot of points,or win more money before you can cash out,but I am not complaining Big Smile Smile

     
  17-Sep-14, 06:35   #13
  0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Posted by xxxpokerxxx1:
hello,well,I started my adventure,on pokerminds awhile back made the 10 e deposit won one of the 1000 euro for 290 and I am currently heading for another final table the depo tourney the winnings play through is 10x what ever you when in the freerolls I have cash out once through my visa,the cash out wasn't long only 72 hrs until I got my money on my visa,so i was and am very happy playing there,plus I just love it the brmers got a status upgrade to silver,I am on my 2nd cash out,and am having some fun,but you do need to earn a lot of points,or win more money before you can cash out,but I am not complaining Big Smile Smile


nice to hear,good job bud keep it up.
What's your nick at the tables?
Do you mean if I win € 5 from freerolls I have to earn 50 or 500 pokerpoints to cash them out?


Daily update:
Yesterday first run on rollercoster at cash tables: I full bought in at two NL2 tables (€2 each) busted in one and doubled on the other one more or less.

Freeroll winnings: €5.55
Current bankroll: €5.67
PokerPoints: 2.40

Go for another run today, wish me luck Worship Worship

     
  17-Sep-14, 12:15   #14
  0 
marqis 

Joined: Sep '10
Location: Netherlands
Age: 48 (M)
Posts: 1631
I don't think you can do much bankroll management with €5.67, so just play your normal game, and hope you start with an upswing, until you have enough to do proper bankroll management, I'd say...

Or just freeroll your way to a manageable roll...

Good luck!

     
  17-Sep-14, 13:08   #15
  0 
vic75 
Joined: Sep '10
Location: Canada
Age: 37 (M)
Posts: 1959
I am pretty sure for every Dollar 1 in free roll winnings you have too earn 10 points i made a cash out
last night Grinded out Dollar 13 in free roll winnings into Dollar 20 while earning 138 points 1 euro= 1.43 Canadian Dollar Thumbs Up Thumbs Up Big Smile GL

     
  17-Sep-14, 13:34   #16
  0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Posted by marqis:
I don't think you can do much bankroll management with �5.67, so just play your normal game, and hope you start with an upswing, until you have enough to do proper bankroll management, I'd say...

Or just freeroll your way to a manageable roll...

Good luck!


Well your right on this. What I mean is: should I sit with all the bankroll at the same cash table or split it in 6 NL2 cash tables minbuying in eveyone of them?

Anyway other two ITM in freeroll for € 0.90 and € 0.92

Freeroll winnings: € 7.37
Current bankroll: € 7.49
PokerPoints: 2.40

Cashgame rollercoaster time now .....good luck to me Cool

------------
A pic of me riding rollercoaster cars:


Edited by magatt966 (Wednesday, September 17, 2014 @ 15:54 GMT)


     
  17-Sep-14, 16:06   #17
  0 
qzmag 
Joined: Nov '11
Location: Romania
Age: 27 (M)
Posts: 704
LoL , insane hands. I got myself into a insane hand with other 2 ppls. I had JJ , another one 99 and 3rd had KK, Flop 9 10 10 J K.
Is good that you can manage to stay on the rpfot, not going down.
Today i played again into a tourney, 3.30 euro, got 2nd place again, after i was the chip leader again. I play so bad on heads-up here.
The bankroll is good enough to build a larger one from ring games. I saw you today when you lost against 33 with 8 9, yeah the flop was good, but ... That hand i had JQo.

Have a nice day / night and GL.

     
  17-Sep-14, 20:27   #18
  0 
vic75 
Joined: Sep '10
Location: Canada
Age: 37 (M)
Posts: 1959
A free roll bonanza Big Smile Big Smile Thumbs Up Thumbs Up Worship Worship

     
  18-Sep-14, 06:41   #19
  0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Good job vic Thumbs Up
- - - - - - - -

Yesterday won a little € 0.92 in a freeroll but lost almost my bankroll at cash tables but, you know, a chip and a chair is enough Cool

Freeroll winnings: € 8.29
Current bankroll: € 1.84
PokerPoints: 8.60

Now lets go for another day on rollercoaster Blink

------------
Fell down from tghe rollercoaster today Tongue
Bankroll busted: time of hardcore freerolling again.

Freeroll winnings: € 8.29
Current bankroll: € 0.00
PokerPoints: 9.50

Edited by magatt966 (Thursday, September 18, 2014 @ 19:45 GMT)


     
  18-Sep-14, 20:11   #20
  0 
vic75 
Joined: Sep '10
Location: Canada
Age: 37 (M)
Posts: 1959
Lost that $7 trying too grind out 70 points managed 27 points still got a bankroll of $20 cash out was no good too skrill waiting for an email back from them upload of documents probably for cash out does any mobster know if you must deposit first before cashing out Question Question GL Magatt Blink

     
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