i have read a bit on bankroll management and i know the basics, i.e. if you have 20 buy ins for a no limit table its usually the right one to be playing for your bankroll but what i have problems with is setting a point at which to withdraw my poker winnings.
i turned 25 dollers into 400 and then slowly lost it back down to 300. now im considering withdrawing the money and dropping my bankroll down to about 50 dollars. i have heard lots of stories about how people have turned 50 into 5000 and then lost it all and i am trying to keep clear from losing all that i have worked for.
I was wondering if people here set themselves a goal to cashout once they reach x amount. because we all know that poker winnings do not count for anything UNTIL you withdraw that money.
Joined: Jan '08
Location: Finland
Age: 44 (F)
Posts: 64
I think you should try to make that 300 you have into that 5000. jk.
OT: why dont you withdraw most of the money, but leave some in your poker account to play wilth. Who knows, maybe you soon will have another 300 in there.
Joined: Dec '07
Location: Denmark
Age: 43 (M)
Posts: 2644
Nope im not withdrawing anything......im trying to build a good bankroll now. I have deposited 50 dollar and made it into 500-600 a couple of times and then made a withdrawal, but now the plan is to build a good bankroll to play NL200 with which hopefully should give a bigger profit
Money is money no matter where you got them....as long as you got them
If it was me, I would withdraw the 250 and leave 50... And then make the 300-400 a couple of times untill you are sure that you are capable of making the bigger tables...
Joined: Jan '08
Location: Germany
Age: 50 (M)
Posts: 144
Hi,
i play the ShortStack Strategy. And there you must have a minimum of 700 BigBlinds to move to the next Limit:
* Bankroll: $80
Limit: $0,05/$0,10 SSS
* Bankroll: $175
Limit: $0,10/$0,25 SSS
* Bankroll: $350
Limit: $0,25/$0,50 SSS
* Bankroll: $700
Limit: $0,50/$1,00 SSS
* Bankroll: $1.400
Limit: $1,00/$2,00 SSS
But , only play on a limit if you feel good on this. Don't play to higher limits without experience. Begin on the lowest limit. If you have beaten the actually limit and have a minimum of 700BB 4 the next limit. Move to it. If your bankroll goes under this limit. You have to move back to a lower limit Strict discipline is announced. Or you will loose your Bankroll very fast. Never play to higher limit. If you see you loose your money fast on a higher limit. Move back to a lower limit. Never play to higher limit.
Joined: Dec '07
Location: Denmark
Age: 43 (M)
Posts: 2644
Posted by CunteN: Why do you need to go to soo high levels? Keep playing on low lvls and you never risk your whole bankroll!...
You should read what i wrote, im trying to build a roll big enough to play NL200 regularly. Like i said i've build up and withdraw a couple of times now im gonna build build build and not withdraw. Im allways playing with bankrollmanagement so I am never risking my whole bankroll as you said. When im going for the NL200 I will at least have 4K
Joined: Jan '08
Location: Germany
Age: 50 (M)
Posts: 144
Posted by M3turbo:
Posted by CunteN: Why do you need to go to soo high levels? Keep playing on low lvls and you never risk your whole bankroll!...
You should read what i wrote, im trying to build a roll big enough to play NL200 regularly. Like i said i've build up and withdraw a couple of times now im gonna build build build and not withdraw. Im allways playing with bankrollmanagement so I am never risking my whole bankroll as you said. When im going for the NL200 I will at least have 4K
You can have 4k or 10k, it is no matter. If your not good enough 4 this level. You will loose your Money.
Never play the next higher level before the others have sustained beatings
Joined: Dec '07
Location: Denmark
Age: 43 (M)
Posts: 2644
That is correct, but it's not like i can be a steady winner at NL100 and it's imposible for me to win at NL200. You make it sound like im jumping from NL10 to NL1000. Thats not the case i start from buttom and spend many hours on steady grind NL10-NL25-NL50-NL100-NL200 I never skip a level so no sudden choks m8
Joined: Jan '08
Location: Germany
Age: 50 (M)
Posts: 144
Posted by M3turbo: Thats not the case i start from buttom and spend many hours on steady grind NL10-NL25-NL50-NL100-NL200 I never skip a level so no sudden choks m8
Thats the right way. Never skip a Level. Jump from one Level to the next if you have beaten your actually Level. Go back a Level if your Bankroll grows down. You will lose everything if you are not prepared for a level downslide
i play the ShortStack Strategy. And there you must have a minimum of 700 BigBlinds to move to the next Limit:
* Bankroll: $80
Limit: $0,05/$0,10 SSS
* Bankroll: $175
Limit: $0,10/$0,25 SSS
* Bankroll: $350
Limit: $0,25/$0,50 SSS
* Bankroll: $700
Limit: $0,50/$1,00 SSS
* Bankroll: $1.400
Limit: $1,00/$2,00 SSS
But , only play on a limit if you feel good on this. Don't play to higher limits without experience. Begin on the lowest limit. If you have beaten the actually limit and have a minimum of 700BB 4 the next limit. Move to it. If your bankroll goes under this limit. You have to move back to a lower limit Strict discipline is announced. Or you will loose your Bankroll very fast. Never play to higher limit. If you see you loose your money fast on a higher limit. Move back to a lower limit. Never play to higher limit.
Sry, if my english is not perfect (German rulez)
all good and correct. but isn't the sss very swingy? Sometimes u can lose up to 10 stacks, that's normal isn't it? But for beginners the right way to start yup
Joined: Jan '08
Location: Germany
Age: 50 (M)
Posts: 144
Posted by Nitscho: all good and correct. but isn't the sss very swingy? Sometimes u can lose up to 10 stacks, that's normal isn't it? But for beginners the right way to start yup
On the Limits up to Limit: $1,00/$2,00, i think SSS ist the best way to fill up your Bankroll. Sure, you can loose 10-20 Stacks in a row. But when use the rulez from the Starting Hand Chart, your normally on the winning Straight while you play only dominated Hands. On the small Limits, there are so many crazy Callers, they calling with any s**t and with the SSS and SHC most time you don't need to play the Postflop Game while you all in before.
how can you try to move up limits playing sss though? i know it works w0nders at low limits where people will call anything as long as they have a picture card. (i play short stack strategy while my bankroll is small) but i couldnt see this being successful anywhere much above those very bottom limits
Joined: Jan '08
Location: Brazil
Age: 46 (M)
Posts: 1788
I believe that, ok, there are some strategies which can help you. The problem is that millions of people will use the same strategy, there fore not making you a unique player who is hard to read you know? Try developing your own strategy, see what works best for YOU.
Some people start with SSS and slowly climb up, some others will triple their starting bankroll in 2 hands and take it on from there.
However, good players take responsability for the outcome... good or bad.
One thing is true, bankroll management is very important but not a big secret.
Everything in excess is dangerous... just take it easy.
Joined: Dec '07
Location: Denmark
Age: 43 (M)
Posts: 2644
I agree with you about the BRM it's a must. But I think (not that I use it) that SSS can be very effective, it is actually hard to play a guy that only play top hands and he plays them very agressive pre and post flop. But playing SSS the right way demands alot of discipline and it's pretty borring
