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BLOG: Poker Tips, Bankroll Management and More (PART 32)

Tags: blog, blogger Ronin`s Renegade Blog.
Blog post published on 29 September 2014, written by Ronin`s Renegade Blog.
Ronin`s Renegade Blog avatar
Ronin`s Renegade Blog
Leonard E. Spencer "Ronin Harper" from Canada born in 1968

Welcome mobsters, if you are reading this blog for the very first time, I thank you for your initial interest. I think that if you give it a little time, you will find something that will peak your interest.

I am a semi-pro poker player and an author. I am currently working on several projects for publication, and will be discussing them on occasion in this blog. If you are a fan then I warn you, from time to time there will be spoiler book ideas discussed.



Section 1: Poker Tips & Concepts
Do not play too many multi-table tournaments

I would like to suggest you not concentrate to heavily on tournaments. It is true that there is undoubtedly skill needed to win at multi-table tournaments, but there is also a large luck factor involved as well. Generally significantly large portions of the prize pool are decided by a few coin flip hands. If luck is with you, then you will run deep, if not, then you are done like dinner.

Ring games in contrast tend to have a much smaller luck factor then a large Mtt. Tournaments are very enjoyable for most players but it is difficult to consistently win money. The learning curve also is often greater for skill development because many players when starting out play fewer hands post flop, as a result, it can take longer to learn some of the more advanced aspects of the game.

You can play in some very low stake ring games where many players are generally not very good, this makes it possible for you to work on your skills without risking a lot of money. It is fine to play tournaments but I would advise against concentrating only on tournaments for most players.
Just something for you to think about in your leisure time my friends.

Until next time

Section 2: A New Bankroll Challenge
I have been playing the freerolls and having some success. I have been actually building up my bankroll from absolutely nothing. I can now play in some of the micro tournaments and have even had some minor cashes in a couple small tournaments 

I am looking forward to continuing to move upward. My bankroll amount right now is still nothing to sing about but at least it has grown up to a point where I have some small buy in options available to me.
Will keep you informed as thing continue to progress.
Wishing you all the best
be cool

Until later.

Section 3: The daily rant
Why is it when people hear you have come into a little bit of money they show up looking for a handout? I do not know why people just assume that they automatically should receive a free handout just because they know someone who had a little financial good fortune. I have never asked any of my friends for a handout when one of them got lucky but it seems several of them always ask me for money. It would not be so bad if they would actually pay me back the money which I loaned them.

I am currently owed something like 10K by people who were supposed to be my friends but proved themselves to be less then trustworthy when it comes to money. It would be nice if people would just bugger off and go pound sand somewhere.

I am sick and tired of being asked for money. It always amazes me how people try to make me feel guilty for saying no to them when they ask for money, it is the same morons who already owe me money and never paid it back.
What the hell is wrong with the bastards? Talk about nerve or what, I mean to come back and ask me for more money when they have already burned me for money before like it never happened. I never thought of myself as stupid, but clear so other people see me as a mark to be ripping off whenever it suits them.
Well until next time, be cool.

Bobby Baldwin once wrote the following about poker.
"You cannot survive without that intangible quality we call heart. The mark of a top player is not how much he wins when he is winning but how he handles his losses. If you win for thirty days in a row, that makes no difference if on the thirty-first you have a bad night, go crazy, and throw it all away."

I know this to be true from personal experience. In the past I have gone on real sweat hot streaks only to through it all away during one night of stupid play while tilted. Learn to control your emotions and manage your bankroll completely. You will go a lot farther if you can just maintain focus and discipline when playing poker.
Well until next time, be cool.


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4 comments on "Poker Tips, Bankroll Management and More (PART 32)"

 doubletop77729/09/2014 08:12:04 GMT
I find it difficult to comprehend how people can play more than one tournament at a time. Multi table players have my upmost respect because i find one table enough for my little brain!!
 3pokeronly30/09/2014 05:15:08 GMT
One of the keys is good bankroll management whether playing cash (ring games) or tournaments is key to not going broke and having to start again.

I pretty much only play tournaments and have played a couple with Ronin and some of the other mobsters before and I kind of disagree with some of this blog, Specifically
Posted by Ronin: but there is also a large luck factor involved as well. Generally significantly large portions of the prize pool are decided by a few coin flip hands
I think if you are a cash player, there is a different skill-set, playing a MTT can be a bit daunting and foreign, managing the coin-flips, where on a cash table you chuck in your entire table roll and doing the same on an MTT where you have 100BB+ is an error many inexperienced MTT players make, a boom or bust mentality, part of the key to MTT is avoiding overplaying in those circumstances. Playing at the right level, so that you feel you have an edge, again, in either format, should generate some profit and then not jumping up too many levels too quick allows time to find where you sit and where you may need to do some extra away-from-the table-research and study.

Re doubletop777 comment above, I do not think this was the essence of this blog, but FYI, I can manage about 4 MTT’s and the closest to the most money is the one I concentrate on, but if you want to multi MTT’s, either start with 2 and work your way up or buy a HUD tool (I hate these tools, I think it is kind of cheating and I do not use them) and then you can multi MTT to your hearts content, in either case, your reads are reduced, the poker subtlty is reduced and you play abc poker with a higher degree of agression and very little (or less) fineseing as you do not have the right read and opponent ranges.
 Heskor02/10/2014 14:31:54 GMT
Yeah an advice for the multi table tournaments players because sometimes you have to be very disciplined when paying them otherwise do not play them. Because sometimes when you get knocked out from one tournament you have the tendency to go nuts on the other screen and lose money.

So better play just one and if you got knocked out then there you are. But you should try multi tables as playing one tourney is not good for your hourly but works on your discipline. Cheers good luck and have fun at the tables!
 STUpendus104/10/2014 21:37:20 GMT
Really enjoyed reading the blog...I can safely say Im that guy with bankroll management problem. I have won big mmts sit n go's grinding up the bankroll and boom one crazy night of game after game it could be gone. Erratic decision making to much bluffing and too many hands being played. I personally like 2 - 3 mmts I feel I stick to my game and avoid getting creative with the extra tables.
Thanks for the blog good read

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