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  7-Feb-17, 22:56   #21
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
I've now finished up my first 3 games on the $0.22 level and I got ITM on all 3 for a total profit of $0.54 which is a great start! Bankroll now sitting at $10.36 so only $0.64 needed to go up one more level!

     
  9-Feb-17, 21:43   #22
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
Played 2 more games, cashed in both. I so far have a 100% ITM rate on the $0.22 level Big Smile not that hard with only 5 games played but hey, stats look great Blink

******************************************************

CURRENT STATS, $0.22 Buy-In:

Games played: 5
Games cashed: 5

ROI: 181.82%
Average profit per game: $0.18

Total profit: $0.90

Bankroll: $10.72
Bankroll needed for next level: $11

Read more: http://www.bankrollmob.com/forum.asp?mode=thread&id...

     
  10-Feb-17, 01:07   #23
  0 
Tony_MON7ANA 

Joined: Mar '14
Location: Japan
Age: 45 (M)
Posts: 8980
Posted by erru9107:
CURRENT STATS, $0.11 Buy-In:
Games played: 13
Games cashed: 9
ROI: 125.87%
Average profit per game: $0.03
Total profit: $0.37

CURRENT STATS, $0.22 Buy-In:
Games played: 5
Games cashed: 5
ROI: 181.82%
Average profit per game: $0.18
Total profit: $0.90

Nice result. Very well done.

I don't mean to sound blunt, but your ROI is miscalculated.

DoN - $0.11
ROI (%) = (Net Profit / Cost of Investment) x 100
ROI (%) = ($0.37 / $1.43) x 100
ROI (%) = 25.87

DoN - $0.22
ROI (%) = (Net Profit / Cost of Investment) x 100
ROI (%) = ($0.90 / $1.10) x 100
ROI (%) = 81.82

     
  10-Feb-17, 05:04   #24
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
I don't really think that's accurate. ROI = Return on Investment. If I had only 25.87% / 81.82% that would mean I've gotten less money then I've invested and thus losing money. $10 invested and $10 won would mean I've gotten my investment back, 100%. If I earn more then what my investment is, it should also be seen in the %. $10 invested, $12 won, 12/10=1.2, I've earned 1.2 times what I've put in, which is 120% of my initial investment.

     
  10-Feb-17, 09:37   #25
  0 
Tony_MON7ANA 

Joined: Mar '14
Location: Japan
Age: 45 (M)
Posts: 8980
My calculation is based on the universally accepted standard.

Sources:
Return on Investment (ROI)
Return on Investment (ROI) Calculator

     
  10-Feb-17, 10:23   #26
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
Yeah, I get that. I just feel that it's somewhat misrepresented to use that calculation. Otherwise if you're making a loss, it would be a negative %. So if you're making a 10% loss, it would be -10% which could be a little bit confusing. I get what you're saying and I know that's the "normal" way of doing it, but as I've said, I feel it doesn't quite show it in a good way.

Edited by erru9107 (10 February 2017 @ 10:30 GMT)


     
  11-Feb-17, 00:51   #27
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 47 (M)
Posts: 6374
20 per cent of course a good profit .. but that if you put money in the bank at the end of the year would have received 20% more .. but it seems to me in poker is a little different ... and profit $ 2 per game for quite a long time it certainly is funny Big Smile

     
  11-Feb-17, 21:59   #28
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13921
everyone plays the limits that are comfortable with.
And if you have set targets on when to climb or drop due to a loss, then its even better.
It may be a slower road, but can be less bumpy Smile
And when you are not playing professionally, there is no reason to rush it.

     
  12-Feb-17, 11:17   #29
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
As of right now, I would like to reach the $5.50 level and see if I can be profitable there as well. I know I'm profitable at my current level, $0.22, and I'm fairly sure I will be at the next few levels as well. But we'll see when I get there!

     
  14-Feb-17, 01:00   #30
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 47 (M)
Posts: 6374
Posted by Mober:
everyone plays the limits that are comfortable with.
And if you have set targets on when to climb or drop due to a loss, then its even better.
It may be a slower road, but can be less bumpy Smile
And when you are not playing professionally, there is no reason to rush it.

perhaps this is true only in those cases when you just start to play in a wonderful and beautiful game of poker in order to understand all the nuances of the game and learn to do the right rate .. and this is only true for the game at the micro limits Blink

     
  15-Feb-17, 10:21   #31
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
Just updated my stats. Made a $0.08 loss over 4 games so a small step backwards but too bad, one win and that would turn into a $0.10 profit. And I'm still in the green on this level in total so not much to complain about.

******************************************************************************

CURRENT STATS, $0.22 Buy-In:

Games played: 9
Games cashed: 7

ROI: 141.41%
Average profit per game: $0.09

Total profit: $0.82

Bankroll: $10.64
Bankroll needed for next level: $11

     
  16-Feb-17, 22:40   #32
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
Played 5 games since last update, cashed in 3 of them so made some profit.

******************************************************************************

CURRENT STATS, $0.22 Buy-In:

Games played: 14
Games cashed: 10

ROI: 129.87%
Average profit per game: $0.07

Total profit: $0.92

Bankroll: $10.74
Bankroll needed for next level: $11

     
  21-Feb-17, 16:03   #33
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
I'm really in a rut lately, I'm basically just breaking even and it's really frustrating! Especially since I'm so close to moving up in stakes. All I need is to make about $0.50 profit and that shouldn't be so difficult! I'm sure I will eventually get it but as of right now, It's just frustrating me that I can't get a break...

     
  21-Feb-17, 16:56   #34
  0 
GeneYuss 

Joined: Jan '08
Location: Canada
Age: 32 (M)
Posts: 2697
Congrats erru9107 on building your bankroll. Everyone starts from somewhere. I started with freerolls and I came 2nd in $400 freeroll and I won $22 for that. 9 man sit and gos were my favourite. Is there enough skill in 6 man DoN? I never really tried them.

     
  21-Feb-17, 20:50   #35
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
DoN is different from regular SnG but it's still quite a bit off skill.

     
  21-Feb-17, 22:32   #36
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13921
For that much of 50 cents i think you can move on and increase your buy ins.
It is not that you are way outside your planned limits for it.

The good thing so far is that you have a steady outcome with a very low drawdown..
Good luck with the next step.

     
  21-Feb-17, 23:27   #37
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
I've finally had some hands going my way and my +EV plays paid off so now I can finally move up in stakes. Or at least give it a shot and we'll see how it goes!

******************************************************************************

CURRENT STATS, $0.22 Buy-In:

Games played: 20
Games cashed: 14

ROI: 127.27%
Average profit per game: $0.06

Total profit: $1.20

Bankroll: $11.02
Bankroll needed for next level: $11



I now have the bankroll to move up to the $0.55 level and give it a shot. If I win the first game, I can stay on that level, if I lose I'll just have to get back to work on my current level.

------------
I've played my first game on the $0.55 level and cashed in it so I now have a bankroll of $11.47 which is a great stepping stone for me on this new level.

------------
Played another game on the new level and cashed in that one as well! It's a wonderful start to this new buy-in. Current stats below (granted, only 2 games but at least it's stats lol).

******************************************************************************

CURRENT STATS, $0.55 Buy-In:

Games played: 2
Games cashed: 2

ROI: 181.82%
Average profit per game: $0.45

Total profit: $0.90

Bankroll: $11.92
Bankroll needed for next level: $22

Edited by erru9107 (22 February 2017 @ 21:41 GMT)


     
  25-Feb-17, 10:34   #38
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
Here are some updated stats. Will probably play some today so the stats might change a little bit but for now, here are the current stats:

******************************************************************************

CURRENT STATS, $0.55 Buy-In:

Games played: 7
Games cashed: 5

ROI: 129.87%
Average profit per game: $0.16

Total profit: $1.15

Bankroll: $12.17
Bankroll needed for next level: $22

     
  25-Feb-17, 19:25   #39
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13921
I have to say you are very patient, playing these games, keeping the bankroll management
you have set.
Not easy to do that, with the time this is taking to move up the ladder.
Keep it up and good luck.

     
  25-Feb-17, 20:27   #40
  0 
erru9107 
Joined: Oct '11
Location: Sweden
Age: 28 (M)
Posts: 1324
I am patient. No need to rush when I don't have much time to play anyway Blink

     
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