PDA

View Full Version : Trying to Build My Bankroll...Critique My Plan...


11-28-2005, 08:07 PM
Ok, here's my situation. I have been playing SNG's for the past couple months and have been somewhat successful. I had my bankroll up to 1700 bucks (playing the 11's and 22's)before I got stupid and played in a few 215 sit n go's (trying to build it quick) and lost all of my money except for 200 bucks. I was planning on getting my bankroll back up by playing at the tens, but I was on such tilt that I lost the 200 bucks at that level! (coupled with some bad variance). This however may be a blessing in disguise in that it was only 1700, and if it had not happened then, I might have gotten up a lot more and made that same mistake. It hopefully will force me to value my roll and play a lot smarter in the future.

Anyway, I am planning on re-depositing 200 bucks on party on January 1st and slowly working my way up to 1000 by playing then 11 dollar buyins (20-25 tourneys per day on average). At that point I will move over to the 22's and try to get up to 4,000 (same amount of tourney's per day as the 11's). At 4,000 my plan is to 2-3 table the 1-2 NL game short handed game...which I have been working on religiously through poker academy software and reading Ciaffone's No-Limit book and TOP. Hopefully I will eventually get to 10,000 and then can (with much humility and practice), be able to move to the 3-6 NL game.

My New's Years Resolution (if you want to call it that, although it's more like a goal) is to reach 20k by year's end and be able to (again, after careful consideration and practice, mostly likely 1 tabling at first) play the 5-10 NL 6-max ring game comfortably.

I guess I am posting this to see what everyone thinks of this goal, if they believe it to be attainable, and to see if anyone has any suggestions regarding a faster way or a different way they did it. Winning a big MTT would be easier, but I don't like taking that longshot chance, and I'd be afraid I wouldn't value the money enough. I know, the old saying, "there is no easy road to success", and I don't expect it to be easy nor do I want it to be. I believe the hardest part will be starting off right, and hopefully I can get a few things going on the right track at the start at the 11's and just take it one day at a time. Thanks for reading and any feedback (positive or negative) would be helpful, just so long as it's constructive. Happy Holidays...

Ivey

ahnuld
11-28-2005, 08:18 PM
If your goal is to move to higher stakes nl ring games, then forget about sitngo's just play the 25 buyin game. 200 is enough when you are starting to beat this game (if you are any good). From there move up as you get better and have 10 buyins for the nexdt level until you hit 200nl where you should have 20 buyins as ABC play no longer kills the game. playing 3-6 nl with a 10k roll is silly and you will go broke again. the higher you get, the move variance there is and the greater the br you need. I wont feel comfortable playing 5-10 until I have at least 25k and will only take shots for now. But it is doable, Im almost there and I stared with 5 bucks in may. (Although I have build up only to lose my roll a few times before) GL

xorbie
11-28-2005, 08:19 PM
This seems like totally the wrong forum, except for the fact that I sohuld point out that jumping from multitabling SNG to playing SHNL is not necessarily the brightest idea, especially if you are planning on just playing with 20 or less buyins.

captZEEbo1
11-28-2005, 08:21 PM
some sites offer 10NL if you wanna do that for a little bit before 25 NL

11-28-2005, 08:27 PM
well the reason i was planning on playing sit n go's at first is because I was figuring I could make more on average per day playing them. I figured if I played 20-25 tournies per day, and if I could keep my ROI (return on investment) around 16-19%, I could make 35-45 dollars on average a day. It would take me about 4 hours a day (for me 2 in the day, 2 before I go to bed) to do this. Could a good player make this playing the 25 buy-in game? I'm sorry I just never really have fooled around with the lower buy in ring games...how much can a good player expect to make from these games? And i have had a lot of background with NL ring games, just not the lower buyins, so it wouldn't be totally new to me. and as I've said i have been studying and practicing...

Wayfare
11-28-2005, 08:28 PM
Especially the last post seems well suited to SSNL. There is a FAQ there that describes win rates.