Joined: Jan '09
Location: Finland
Age: 33 (M)
Posts: 9
Bankroll managment is definately my biggest weakness as a poker player. I just hate playing 1 dollar sit n gos and microlimits, the tables are filled with lucky donks, and the game is more like bingo than poker. But still, I believe that you shouldnt go up to high limits too quickly, I did it with my previous bankroll, but when i receive my Titan Poker bankroll, im really going to take it nice and slow
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Posted by doomdy: Updates M3Turbo please
We are curious
Sure sorry im a bit slow.
I have to disapoint you doomdy I really haven't played much lately (not enough that is...played plenty ) but I have been spending alot of money on my cars and on travelling. So progress bankroll/level/skill-wise I have to be honest and say im in a standstill. For a long time I've played and studied too little and spend too much money, so im still playing NL100-200 6max. My bankroll peaked at 20K now I keep my bankroll at 10-12K$ spread around on the different sites I play on, in a e-wallet and withdraw winnings above that in the end of each month.
A danish high stakes HU pro told me that you either grind or develop very few people do both at the same time and it's not far from the truth. Ofcourse you learn a bit from grinding but it's nothing compared to studying imo such as videos, pro articles, EV calcs, books, analyze HH's and so on. It's perfectly normal that this moves like waves, you study for a while and feel you learned alot and then feel like trying/using your newly required knowledge and therefor start grinding alot instead of studying which is probably also necessary to incorporate the knowledge to ones game. When you grind you use the knowledge you allready got and make money in the moment and by studying you make no money in the moment but more money in the long run. Studying = +EV wether that is study as in education or in poker doesn't really matter. Sadly I have neglected this part even though my plan was when I "turned pro"(still don't feel like pro I got so much to learn) to play the same amount of hours and simply use my extra time for studying poker instead of playing more.
The only significant progress I can say since last time is that I now work brilliant with PT3 and can really fast put players in "style boxes" judged by their stats. This helps me to play more tables. Before I think 3-4 tables was my max without getting robot'ish now I can handle 5-6 no probs but more important imo play 4 tables like I was single tabling with complete overview.
Besides that I've started to play small HU S&G's mostly for fun but also to improve my HU game.
I hate MTT but now im highest VIP on Ipoker so I get invited to several valueable freerolls. Weekly 1K$ which I rarely play but the two monthly 5K$ and 3,5K$ I try to play when the time is for it, sadly they are allways in the weekends where im normally away from the tables. I got several FT's in those and 1 win of 1100$ which is my only significant MTT win.
I got total bankroll to play higher but I have not developed the last months and I really think a player should feel confident and believe in him self at the level he is at and I don't feel ready for NL400-600 right now. Don't want to be marginal winner I wanna crush So now the plan is to follow the plan and start studying + playing alot more. I recently got some sweet rakeback deals which should be hard to find, 50-55% on both Ipoker and Ongame skins with EU-license class 3. Here in Feb. im playing in 2 rakeraces on same site with rakeback and bonus so im getting sick value back....can't say how much untill I see how I place in the rakeraces but I guess around 75% So Feb will be grind max month and then I hope I can pull my self together to spend some more time on the studying in March. I'll prolly rejoin cardrunners/deucescracked to get some new inspiration though im still member of the danish PokerUniversity which improved my game significantly back in the days.
That's my thoughts and status, if anyone got Q's shoot and I'll answer to the best of my ability
Joined: Jan '09
Location: United Kingdom
Age: 40 (M)
Posts: 1
well im clueless at bankroll management.i always seem to go on a run but then lose about the whole lot on an all to familiar badbeat. i need to know where im going wrong .how did u manage to get ur bankroll up from 25$ to what ur at now and most importantly keep making a profit? maybe its my temper etc (i cud go on 4 hours) lol look 4ward to ur reply
Joined: Jan '09
Location: United Kingdom
Age: 35 (M)
Posts: 183
Posted by doomdy:
Posted by spootbv: i don't know wt to say (( i will never bee able to play there i dont have that luck :|
I am sorry to say, this has nothing to do with luck, its skill
its not only skills believe me i am really skillfull but some times i have bad luck like all other players but yeah like i wass saying 80% skills 20% luck
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Posted by goose1322: well im clueless at bankroll management.i always seem to go on a run but then lose about the whole lot on an all to familiar badbeat. i need to know where im going wrong .how did u manage to get ur bankroll up from 25$ to what ur at now and most importantly keep making a profit? maybe its my temper etc (i cud go on 4 hours) lol look 4ward to ur reply
Sure man Regarding bankroll management I would allmost say the safer you do it the better. But patience is allways the problem. I recommend you to have ATLEAST 20BI's at the level you play I allways have minimum 50BI's to put things in perspective. But as long as you are willing to step down immediately you can push your BRM to the limit all the time and win more by playing higher asuming you are a winning player that is. I recommend you to read thread from page 1 many people have asked about BRM and tips maybe there is something you can use
Joined: May '08
Location: Netherlands
Age: 53 (M)
Posts: 6197
Posted by M3turbo:
Posted by doomdy: Updates M3Turbo please
We are curious
Sure sorry im a bit slow.
I have to disapoint you doomdy I really haven't played much lately (not enough that is...played plenty ) but I have been spending alot of money on my cars and on travelling. So progress bankroll/level/skill-wise I have to be honest and say im in a standstill. For a long time I've played and studied too little and spend too much money, so im still playing NL100-200 6max. My bankroll peaked at 20K now I keep my bankroll at 10-12K$ spread around on the different sites I play on, in a e-wallet and withdraw winnings above that in the end of each month.
A danish high stakes HU pro told me that you either grind or develop very few people do both at the same time and it's not far from the truth. Ofcourse you learn a bit from grinding but it's nothing compared to studying imo such as videos, pro articles, EV calcs, books, analyze HH's and so on. It's perfectly normal that this moves like waves, you study for a while and feel you learned alot and then feel like trying/using your newly required knowledge and therefor start grinding alot instead of studying which is probably also necessary to incorporate the knowledge to ones game. When you grind you use the knowledge you allready got and make money in the moment and by studying you make no money in the moment but more money in the long run. Studying = +EV wether that is study as in education or in poker doesn't really matter. Sadly I have neglected this part even though my plan was when I "turned pro"(still don't feel like pro I got so much to learn) to play the same amount of hours and simply use my extra time for studying poker instead of playing more.
The only significant progress I can say since last time is that I now work brilliant with PT3 and can really fast put players in "style boxes" judged by their stats. This helps me to play more tables. Before I think 3-4 tables was my max without getting robot'ish now I can handle 5-6 no probs but more important imo play 4 tables like I was single tabling with complete overview.
Besides that I've started to play small HU S&G's mostly for fun but also to improve my HU game.
I hate MTT but now im highest VIP on Ipoker so I get invited to several valueable freerolls. Weekly 1K$ which I rarely play but the two monthly 5K$ and 3,5K$ I try to play when the time is for it, sadly they are allways in the weekends where im normally away from the tables. I got several FT's in those and 1 win of 1100$ which is my only significant MTT win.
I got total bankroll to play higher but I have not developed the last months and I really think a player should feel confident and believe in him self at the level he is at and I don't feel ready for NL400-600 right now. Don't want to be marginal winner I wanna crush So now the plan is to follow the plan and start studying + playing alot more. I recently got some sweet rakeback deals which should be hard to find, 50-55% on both Ipoker and Ongame skins with EU-license class 3. Here in Feb. im playing in 2 rakeraces on same site with rakeback and bonus so im getting sick value back....can't say how much untill I see how I place in the rakeraces but I guess around 75% So Feb will be grind max month and then I hope I can pull my self together to spend some more time on the studying in March. I'll prolly rejoin cardrunners/deucescracked to get some new inspiration though im still member of the danish PokerUniversity which improved my game significantly back in the days.
That's my thoughts and status, if anyone got Q's shoot and I'll answer to the best of my ability
And again great story I sometimes feel such a beginner compaired too you This thread (and mago) was allways a example for me.
I have some questions if you dont mind:
- When you study poker, you notice ur winnings are better? (Ur play is better?) - 5/6 tables? You told me to lower my tables cos its better, now ur do more? I tried a HUD on PKR but it didnt satisfy me, btw 4 tables is max on PKR, so cant do more if i want too. - Ur playin HU now to improve ur HU game. Tell us sometin about this results (stakes, roi, if you have the statistic). - You stick with NL200 right? You think the level is much higher at NL400?
Ok, now for me I think you know but my BR is sometin like 7K+. I still play 10seaters doubles $10 and $20. I make sometin like 1K a month (inclusiv bonusses, points and rakeback) I dont want to go up in stakes cos i am just a beginner and i think i am break even on $50 stakes. I dont want to play cash (for the moment).
I am a bit stuck now (if you know what i mean). At $10 the fish dont understand my play sometimes (raise, reraise ect). The better players on $10 understand my play and my stats on better players are all positiv. So maybe i have to go up in limits but i am not convident yet. I know $50 is not a big deal for my BR but still.....
Ok now my question is, can you giv me some tips, advice what i can do. I hope you understand what i mean with ''i am a bit stuck at the moment'' I dont want play my whole live $10/$20 stakes. I only play for 8 months so its no problem for me to stay at these stakes the whole year 2009. But in 2010 i want up So this year is learning, learning, learning....
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Thanks doomdy im glad you read it even though it got a bit long
Dont feel like beginner we are in same boat "low rollers fighting our way up" you're just in S&G and im in cash. Perhaps im a little ahead but I also started before you I think , playing long before I started here at BRM. Mago's thread was also an inspiration to me, you can see me posting in the start of that thread
I will try to answer your Q's from top:
I don't feel better when I sit and play, I've played so many hands that it's small leaks that are costing me money that are fixed. So it's not like I just sit and win more but more like I lose less. If I just improve the slightest by studying I will lose less = win more and that becomes alot over time.
Tables... Now I can handle 5-6 tables where I could handle 3-4 before but most important to me is how many tables can I play to perfection....meaning how many tables can I play where I maintain same winrate as if I was playing 1 table. I could play 8-12 tables but would probably be very marginal winner at best most likely even Steven. Choosing your number of tables is also a calculation worthy for every table you open you play aprox 80 hands more pr hour(6max) but you will also lose focus accordingly which makes your winrate drop so it's like everything else with poker....find the balance. MrKahn fx doesn't care about having a pretty low ROI cause as long as he has a positive ROI he doesn't care because he is playing so many. But he probably knows he could play better poker if he was playing 1 table, but that is his way of getting money out of the game, chosing to multi table wildly with low ROI but playing sick numbers. I feel my best game and results is with 4 tables playing sessions of 2 hours. This sounds stupid but some days I just feel like relaxing but playing an immense amount of hands so I say ok, today your winrate will be lower than normal but you will rake alot which returns in rakeback and rakeraces. So I more or less switch of the fancy moves(playing opponent) lean back so it's not so intense and play square ABC-poker with 5-6 tables for 6-7 hours without brakes. Not recommendable but that's me having a trip This results in around 3K hands with low win rate but a hell of alot rakeback/bonus/rakerace especially on Ipoker since they go by the "dealt method".
I play 5-10$ HU mostly for fun when I feel like playing but too tired to have responsebility of a 200$ stack. I started in some sick negative variance in the mini HU's kept getting my money in good but lost everytime I've played 151 HU's now all of them from my laptop hanging in the couch The ROI is swinging 12-14% I got absolutely no idea if that's good or bad but I know it's way to small sample to say anything. I have only played S&G's before I started to take poker serious. So my knowledge about tourneys is general is very limited all my focus books, videos, articles has been about 6max cash and a little HU cash.
Actually doomdy I still like NL100 very much the games are soft compared to NL200 and extremely soft compared to NL400 where I think people are relentless with their aggression. So much easier to take a stack at NL100 than it is to take a half stack at NL200. But it's pretty obvious, the best regular players at NL100 that I normally try to dodge or atleast get position on are all the players you meet at NL200. So I normally got 2 NL200 tables running and 2-3 NL100 tables. Picking which limit to play is like picking number of tables you have to see over time where you make the best profit. Same goes for number of S&G's, level of S&G's, 2-6-10 players, Turbo, Normal Double, ETC ETC.
It's very hard for me to advice you doomdy, but I would say that you have to adjust your game to the bad opponents. I know what you mean by "they don't understand you" but you must try to understand them and find out if it's really worth reraising that guy even though you think you got best hand maybe it's smart just to see flop first when you know the monkey will not fold. I don't know if you have watched instruction videos on deucescracked/cardrunners etc there are many sites. This is the best I have ever done to my game, pay to get in on a proper site where the teachers are TOP pro's and then watch every video like the guy was playing with your money think about every move....what would you have done...what did he do different and why did he do it? watch it a couple of times and you will notice small details you missed last time.
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
Very nice of you to take time out and pass on your advice and knowlage, and have not up and left bankrollmob as you dont need it, like many of us i think but we show gratatude and respect to were it all started, so thanks to you and them. Suprised to learn your not up with EV, i used a calculator for a while for it but was too fiddly to use in play, but great for review. I took your tip last time and hunted down some vids, but didint pay, you have to be very carefull when not paying i seen some real horrid advice that a new comer would take on board, or advance play with out reason just pointless. I started crushing micro nlh using pt3(and video help) but it became almost to easy and boring, then i lost it and noticed how much value it was, when i go back to ring games it will be a must. My biggest problem is i keep changing my game, from tourns to sng to ring now mtt and omaha for ring, i need to make my mind up. Im loving MTT at the moment, doing ok, but am grinding at mid stages to make the money insteed of playing strong and going for top 3, i frustrate myself at times knowing that i just folded a perfectly good playing hand Anyway that enougth of me, its your thread lol, id pass on some advive but dont think you need to look in to EV, play with a calculator it will probably just tell you what you know, but as said b4 great for reviewing hands. I could ask you thousands of questions but they can wait untill im on a level to be asking, playing low stakes with a head full of dos and donts does not work too well, id be folding more than a clothing slave child, so ill try and learn more as and when, like now im going to see about playing stronger mid field, peace out, gives you something to reed anyway.
hope i can be as successful as you with those free bankrolls 
(( i will never bee able to play there i dont have that luck :|
, playing long before I started here at BRM. Mago's thread was also an inspiration to me, you can see me posting in the start of that thread 
