Joined: Oct '13
Location: Korea, Republic of
Age: 38 (F)
Posts: 8
Hi all, i am fairly new to BRM. Firstly lemme thank BRM for a NDB on WinnerPoker(which i busted..sigh). Anyways I am a housewife and believe me, having moved from Melbourne to South Korea, I have loads of freetime here.
For past 3 years, I have watched my husband play poker on PS and he has been rather successful on PLO cash and binking 2 decent tournies so I have always wanted try playing online but just didnt have the time before. I will not do what my husband used to do(18 tabling 2/4PLO or 4 tabling 5/10) as my current limit is 4 tables...lol. So i spoke to him asking him two questions:
1) How should I go about and how much should I deposit into PS if I wanna start playing regularly? Answer from my hubby, he immediatey transferred $100 to me on PS lol and said if I can double the money up playing $1.50 SNG...I can proceed to next phase. Now I am pleased cos after two weeks I finally doubled up, playing by a strict rule he lays down...only $1.50 SNG and $1.10-$3.30 "Time tournies". But now he says I have to continue playing $1.50 SNG til I hit $350...
Any thoughts on this, guys..is he guiding me the right way to building a decent bankroll here or he just want me to play like a "woman"?
2) So i asked my hubby why did he stop playing poker as he was up $xxxxxxx( a decent 6 figure amount)...and he tells me he stopped cos he was afraid he would lose it back and just wanna cash out and protect his winnings!I was puzzled by his answer as I knew how much his BR was cos he always asking me log in to transfer money to his mates when he is out. Now he keeps like only $10,000(which is a s**t load to me but a far cry from what he used to keep online) and plays only 1/2 and 0.5/1 PLO. I appreciate what he does as a hubby as he did a huge cashout and cleared our mortgage, took me for a 2 month vacation plus using the money to start a business in Korea. He is indeed a responsible hubby if i must say but my question is why stop when he is doing well....I try talk to him but he always says I do not understand and he has his valid reasons. He only plays like during weekends these days!
Guys, any thoughts on this as well? How can I encourage him to go back to playing regularly? Or should I respect his decision and let him be..I just want him to be comfortable no matter what the outcome is.
Lastly I hope to achieve what my hubby did with online poker...he is my inspiration but he says it is tough these days, games harder than before and I should be glad to make a few hundred dollars every month(lol that cold blanket!)
Posted by jigae: 2) So i asked my hubby why did he stop playing poker as he was up $xxxxxxx( a decent 6 figure amount)...and he tells me he stopped cos he was afraid he would lose it back and just wanna cash out and protect his winnings!I was puzzled by his answer as I knew how much his BR was cos he always asking me log in to transfer money to his mates when he is out.
He might be telling you the truth, but I'm inclined to think he might have been laundering money, or got paid for illegal activities, using the poker site, from what you wrote...
So what's more likely in your opinion; hitman, or international double agent?
Joined: Nov '11
Location: United Kingdom
Age: 67 (M)
Posts: 3361
Posted by marqis:
Posted by jigae: 2) So i asked my hubby why did he stop playing poker as he was up $xxxxxxx( a decent 6 figure amount)...and he tells me he stopped cos he was afraid he would lose it back and just wanna cash out and protect his winnings!I was puzzled by his answer as I knew how much his BR was cos he always asking me log in to transfer money to his mates when he is out.
He might be telling you the truth, but I'm inclined to think he might have been laundering money, or got paid for illegal activities, using the poker site, from what you wrote...
So what's more likely in your opinion; hitman, or international double agent?
hahahahaha marqis
sounds like you have the makings of a good book there,maybe you should try writing one.
Joined: Dec '12
Location: Bulgaria
Age: 47 (M)
Posts: 1022
Hello jigae,
Welcome to the BankrollMob forum! This is a very good story, but I just don't get it why if your husband won several million form online poker (as you say six numbers), you are holding him under pressure to continue to play poker
I just don't get it If you ask here most of the mobsters what would they do if they win 5 million from poker, would they continue to play poker, their answer will be: "No, I will enjoy my life spending the money".
But if you have plenty of and if you feel so bored, you can share the money with all the mobsters. Just create a private tourney Home Games PokerStars, invite all the mobsters and put a prize of 10 000 for the winner of the tournament!
That would be great! The poker game donations are always welcome here!
If I have to be serious, and if this story is true as you say, don't let and don't push your husband to play more! he won enough, so you can both enjoy your lifes. Just don't waste the money, because you are bored!
Best Regards, Peter7878
=============================================
P.S: Are you the wife of Daniel Negreanu? If you are his wife, tell him to continue to play, but if you are not his wife, just tell your husband to stop to play poker.
Edited by Peter7878 (02 November 2013 @ 19:52 GMT)
Posted by jigae: Hi all, i am fairly new to BRM. Firstly lemme thank BRM for a NDB on WinnerPoker(which i busted..sigh). Anyways I am a housewife and believe me, having moved from Melbourne to South Korea, I have loads of freetime here.
But now he says I have to continue playing $1.50 SNG til I hit $350...
He is saying this to try to educate you about Bankroll Management. $350 might be a little large but then again you are a new player and probably haven't had a major downswing yet, from what you have written.
If you do a search for Bankroll Management or Bankroll Management Strategy you will find lots of sound advice.
Joined: Nov '09
Location: Canada
Age: 55 (M)
Posts: 2387
Ignoring the part about your husband, learning the game slowly and surely and progressing up through the levels as you hone your poker skills is the way to go. Don't be in a hurry.
Joined: Oct '13
Location: Korea, Republic of
Age: 38 (F)
Posts: 8
Posted by Peter7878: Hello jigae,
Welcome to the BankrollMob forum! This is a very good story, but I just don't get it why if your husband won several million form online poker (as you say six numbers), you are holding him under pressure to continue to play poker
I just don't get it If you ask here most of the mobsters what would they do if they win 5 million from poker, would they continue to play poker, their answer will be: "No, I will enjoy my life spending the money".
But if you have plenty of and if you feel so bored, you can share the money with all the mobsters. Just create a private tourney Home Games PokerStars, invite all the mobsters and put a prize of 10 000 for the winner of the tournament!
That would be great! The poker game donations are always welcome here!
If I have to be serious, and if this story is true as you say, don't let and don't push your husband to play more! he won enough, so you can both enjoy your lifes. Just don't waste the money, because you are bored!
Best Regards, Peter7878
=============================================
P.S: Are you the wife of Daniel Negreanu? If you are his wife, tell him to continue to play, but if you are not his wife, just tell your husband to stop to play poker.
Geez mate,
6 figure does not equate to even 1M or in your case the 5M that you mentioned....do you have any clue what I mean when I say 6 figure?
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Posted by marqis:
Posted by jigae: 2) So i asked my hubby why did he stop playing poker as he was up $xxxxxxx( a decent 6 figure amount)...and he tells me he stopped cos he was afraid he would lose it back and just wanna cash out and protect his winnings!I was puzzled by his answer as I knew how much his BR was cos he always asking me log in to transfer money to his mates when he is out.
He might be telling you the truth, but I'm inclined to think he might have been laundering money, or got paid for illegal activities, using the poker site, from what you wrote...
So what's more likely in your opinion; hitman, or international double agent? [/QUOT
Wasnt lookin for replies like that honestly...
------------
Posted by HenryMinute:
Posted by jigae: Hi all, i am fairly new to BRM. Firstly lemme thank BRM for a NDB on WinnerPoker(which i busted..sigh). Anyways I am a housewife and believe me, having moved from Melbourne to South Korea, I have loads of freetime here.
But now he says I have to continue playing $1.50 SNG til I hit $350...
He is saying this to try to educate you about Bankroll Management. $350 might be a little large but then again you are a new player and probably haven't had a major downswing yet, from what you have written.
If you do a search for Bankroll Management or Bankroll Management Strategy you will find lots of sound advice.
------------ [QUOTE]Posted by mahdrof: Ignoring the part about your husband, learning the game slowly and surely and progressing up through the levels as you hone your poker skills is the way to go. Don't be in a hurry.
Point noted...I just wish to play and kill time honestly...and some extra cash sure be nice.
------------ Btw,
I was truly asking for serious advise....and not some smart alec responses or in one particular case, a "smart alec" response who cannot even count figures"...only genuine advises please, we are all adults here.
Joined: Dec '12
Location: Bulgaria
Age: 47 (M)
Posts: 1022
This is a very serious article! I think it might help you! Please, read it very carefully! ========================================================= Introduction to Building Your Poker Bankroll
In the long run, the fact is that most poker players lose money. Some players acknowledge this truth and play poker primarily for recreational purposes. Some would stand to make money were it not for the rake that the house takes as payment for running the games.
With the exception of certain home games and promotions, beating the rake is a necessary part of winning in poker. It is also a very important aspect of how to build a bankroll in online poker as well as live. In the purest sense of the term, a poker bankroll is the amount that a winning player has to devote solely to poker.
A recreational player that may not be winning could have a set amount of money that is colloquially referred to as a bankroll, but is actually a kind of gambling/entertainment allowance, as there would be a negative expectation for that fund (monetarily speaking). This article references an online poker bankroll from the perspective of a player who is already winning at the stakes he currently plays.
Many players want to know, "How many big blinds should I have in my bankroll?" Unfortunately the answer is simply not the same for every person and every scenario. The bankroll requirements for players depend primarily on four key components. We'll look at these with a short introduction to each crucial aspect one must consider in arriving at their ideal bankroll.
1. The Stakes
Obviously, playing higher-stakes will require a larger bankroll than grinding lower stakes of the same game type. However, this effect is not always linear, as the possible variance in moving from 50NL to 200NL may be such that the player required more than four times the bankroll from his days of grinding 50NL.
2. The Game Type
In general, playing tournaments as opposed to cash will be higher variance and require a larger bankroll even at similar stakes. Lower variance game types will require lower bankrolls as compared to their faster-paced counter parts. Extremely high variance formats, such a super-turbo tournaments will require you to have a higher bankroll (in terms of number of buy-ins).
3. The Rate of Winning
For tournament players, this figure refers to the player's return on investment (ROI) that he can expect from the tournaments he currently plays. For cash games, this figure is the player's win rate in big blinds per 100 hands played. Regardless of whether one is a tournament or cash game player, a large sample size of hands is necessary to accurately assess the rate of winning. Many people overestimate this number based on running unsustainably well over too small of a sample of hands. For those that are unsure as to the accuracy of their win rate, it is suggested that they proceed with caution and research.
4. The Comfort Level
This key aspect is primarily influenced by two key components: life roll (or the person's other available cash and income streams) and the mental composure of the player. Mental composure refers to the individual tendencies of the player that will often converge with optimal bankroll management decisions unique to each individual.
Some players may feel that having a bankroll that is three times the suggested standard bankroll for their situation enables them to play better poker. Others may conclude that having an overly-large bankroll contributes to them playing sloppy poker. If having a larger than normal bankroll helps a player to perform with better clarity, then this can be a component that almost supersedes the other guidelines in terms of arriving at an ideal bankroll figure.
Bankroll Examples
Now that we've determined the four most important components of determining a poker bankroll, let's look at a few examples of different decisions that poker players make, and how some choose to address the issue of building a poker bankroll for higher-stakes games.
• Player A plays live 200 NL ($1/$2 no limit hold'em), and has maintained an hourly rate of $12 an hour after playing for 60 hours a week for the last year. If the player saw 25 hands an hour, this would mean that his sample size was a bit under 80,000 hands.
When he began playing, he started online at lower stakes. During his transition to live, he felt that he was uncomfortable and under-rolled when he started with 10 buy-ins, and became worried that he was playing too tightly when he experienced a downswing. Now that he has built his bankroll up to $5,000, he is wondering if it is time to make the jump to $2/$5.
Being as the player experienced stress when playing with a shorter roll before, and the fact that he can likely expect for his win rate to decrease, it would not be advisable to move up in stakes yet. In this player's case, grinding $1/$2 until he has well over two and a half times the bankroll for 200NL would be advisable. Additionally, he could alternate sessions at both stakes to lower his average buy-in and increase his comfort level at the higher-stakes.
• Player B plays mid-stakes multi-table tournaments online. He has played over 25,000 tournaments and has maintained a 25% average return on investment. In the past he has taken a few isolated shots in high-stakes tournaments. Although none have them have enabled him to move to high-stakes tournaments for any length of time, the player was not put under any undue stress and he came away from the experience happy with how he played.
He maintains a bankroll of 300 times his average buy-in, which at times he feels is too conservative, and may be holding him back from reaching the high-stakes tournaments he wishes to play as quickly as possible. This player may be a better candidate for taking a more aggressive strategy with building his bankroll, so long as he is comfortable with having to play lower if increased shot-taking doesn't pan out.
Additionally, he is likely in an easier position than Player A to find a stake should things go poorly. This player could consider lowering his average buy-in bankroll requirement to 250, and using the extra 50 buy-ins towards a fewer number of carefully planned shots.
• Player C plays low stakes super turbo sit and goes, and is hoping to transition to normal speed sit and goes. He has played very few normal speed sit and goes, but over 30,000 super turbos with a 5% return on investment. In general, a lower expected ROI for a player is likely to be higher variance, and for that reason he maintains a very conservative 400 buy-ins for grinding the super turbos. He feels that sometimes he gets bored playing the super turbos, and is ready to play a new game type. He also feels that he'll have a higher ROI in the lower variance format of normal speed sit and goes, and that will enable him to be less conservative with his bankroll, and thus progress in stakes more rapidly.
One of the benefits of maintaining a conservative bankroll is that it enables a player to potentially take shots, but the problem with Player C's analysis is that he does not know what his expectation is in the new game type he wishes to play. Grinding the game at which he is a proven winner such that he could afford to get a coach for the new game type could be a good option.
Alternatively, if he has studied extensively about the nuances of the new game type, he could devote a separate amount towards those games, ideally starting out at the micro-stakes in order to minimize risk. The important thing is that Player C recognizes that how he can expect to perform in the new games type is mostly independent to how he did in the super turbos. While of course there will be some cross over in skills, to assume that a proven winner in a game type can switch to a different game and be more winning is to disregard an accurate assessment of one's own win rate.
The first step to building a poker bankroll is understanding the fundamental aspects that contribute to having a solid initial number of buy-ins. Once all factors are considered in arriving at a healthy amount for the stakes one currently plays, then the person can address the many factors that contribute to building a bankroll for higher-stakes games in the future. ==========================================================
What your husband is telling you is half true, he is probably trying to teach you bankroll management and the basic abc poker knowledge, because if you go to higher limits you will have to deal with a downswing eventually and need to know how to deal with this.
Furthermore i think you should respect his decision to not play poker because the amount money you typed is a lot of money, so he must have played higher limits to achieve that kind of money. It is always better to cash out then lose it.
million form online 
If you ask here most of the mobsters what would they do if they win 
