Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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!
Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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.
Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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.
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
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14195
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 And when you are not playing professionally, there is no reason to rush it.
Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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!
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 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
Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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.
Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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...
Joined: Jan '08
Location: Canada
Age: 37 (M)
Posts: 2698
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.
Joined: Oct '11
Location: Sweden
Age: 33 (M)
Posts: 1410
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!
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).
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14195
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.
not that hard with only 5 games played but hey, stats look great 
