Building a bankroll
 

So i have been playing on partypoker in 10/25 cent blinds. I usually deposit 50 and cash out 50 when i get to 100. Sometimes i will lose the 50 i deposit, but i have got up to 3 cash outs for 150$ profit in about a day before losing my buy in again. One of my biggest weakness's is I will tend to play on tilt after losing a big pot, and this is often how i lose my bank roll.
I'm tired of having to continually go to the bank to deposit money after i bust (I have a seperate bank account that i don't keep extra money in for depositing). I know a good idea would be to just let my bankroll grow more before cashing out. Doing this though would also leave me more vulnerable to tilting away more money.
I know my best option is probably to let my bankroll grow and learn to control my tilt, I just wanted to post my situation and get some feedback though.

Re: Building a bankroll
 

Yes this is a hard one, i myself also go on crazy tilts and end up losing my bankroll and then have to repeat the same process. I suggest depositing 50$ playing to 100$ and moving on to a bigger game like 25/50c [img]/images/graemlins/smile.gif[/img]

Re: Building a bankroll
 

Move to a higher limit game. The level of competition isnt any better up to a $2/4 level. However I am sure you can handle a $1/2 game if not comfortable to head to the $2/4 immediately. There honestly is not much sense playing the limits you are at. Since you have found these boards I am assuming you are playing to get better and make money. You are on the right track. Read the small stakes boards for a day or two and you will be on your way.

Cash out regularly, and keep track of your play is the best way to up that wad.

Re: Building a bankroll
 

I think the other people who responded assume you are playing limit, but it sounds like you are playing NL 25.

Your plan of squirreling money away as you win is ok, but not optimal. It will be valuable for you to learn to avoid tilting as much.

I recommend temporarily dropping to play NL 10 on a site like Paradise or PokerStars. There will be less money in each pot, and losing a buy-in will not necessarily seem like losing a big pot to you. Get used to being overbankrolled, and to having many buy-ins on a site. Build up the money without withdrawing and without tilting much.

Re: Building a bankroll
 

Yes, sorry i didnt specify, I do play 10/25 cent NL holdem in 6 handed max games. Thanks for the response pzhon, I was thinking more along the lines though of instead of cashing out everytime i get to 100, instead increase it by 50 dollars everytime. So i will cash out at 100,150, then 200 etc. Only cashing out 50 each time so my bankroll will still grow.

Might I suggest
 

Tape a $50 bill above where you sit.

Next to it tape an item that you relly like (that just happens to cost ~ $50).

Allow these two things to remind you of the value of fifty bucks.

I used to play 6-12 holdem out west where the blinds were $3 and $6; my major (and to be honest, damned near my only) leak was completing the SB way too often if there had been no raise.

My GF, after growing tired of hearing me whine about this but actually DO nothing, bought me a rather expensive $3 gold piece. (I didn't know prior to this that such a coin even existed). She also replaced the emergency $5 bill I always kept in my wallet with two $1 bills. It didn't take long for me to attach the proper value to three bucks.

A more or less irrelevant (though very amusing) similar story involves the time she walked into the cardroom and saw me chatting with one of the more attractive (as in smokin' hot) dealers. She didn't get angry but did disappear into the ladies room; when she came out she stuck her hand in my jacket pocket and said, "the $3 coin helped to suppress your evil desires in poker by reminding you of the value of $3; maybe having these will help you to supress other evil desires". [img]/images/graemlins/shocked.gif[/img]

Note: GF is also smokin' hot [img]/images/graemlins/smile.gif[/img]

It worked like a charm although I was never able to figure out an apropriate manner in which to display her latest "gift" - I could use the $3 coin as a card marker but what was I to do with . . . um, never mind. [img]/images/graemlins/smirk.gif[/img]

Re: Might I suggest
 

[ QUOTE ]
Tape a $50 bill above where you sit.

Next to it tape an item that you relly like (that just happens to cost ~ $50).

Allow these two things to remind you of the value of fifty bucks.

I used to play 6-12 holdem out west where the blinds were $3 and $6; my major (and to be honest, damned near my only) leak was completing the SB way too often if there had been no raise.

My GF, after growing tired of hearing me whine about this but actually DO nothing, bought me a rather expensive $3 gold piece. (I didn't know prior to this that such a coin even existed). She also replaced the emergency $5 bill I always kept in my wallet with two $1 bills. It didn't take long for me to attach the proper value to three bucks.

A more or less irrelevant (though very amusing) similar story involves the time she walked into the cardroom and saw me chatting with one of the more attractive (as in smokin' hot) dealers. She didn't get angry but did disappear into the ladies room; when she came out she stuck her hand in my jacket pocket and said, "the $3 coin helped to suppress your evil desires in poker by reminding you of the value of $3; maybe having these will help you to supress other evil desires". [img]/images/graemlins/shocked.gif[/img]

Note: GF is also smokin' hot [img]/images/graemlins/smile.gif[/img]

It worked like a charm although I was never able to figure out an apropriate manner in which to display her latest "gift" - I could use the $3 coin as a card marker but what was I to do with . . . um, never mind. [img]/images/graemlins/smirk.gif[/img]

[/ QUOTE ]
Wouldn't this make you tilt more? Say after you lose 50 bucks from a bad beat and look up and see the value you of it, I imagine you would be steamed up more, rather then considering it "a way to keep score."

Re: Might I suggest
 

I pretty much disagree with everything you say...seems more like a post to convince us you have a hot girlfriend.

Re: Might I suggest
 

[ QUOTE ]
Tape a $50 bill above where you sit.

Next to it tape an item that you relly like (that just happens to cost ~ $50).

[/ QUOTE ]
You'll never be able to take your poker game to the next level if you have this kind of mentality.

Sorry, but this is pretty awful advice.

Re: Building a bankroll
 

I would also recommend moving down to NL 10. (On a site other than PartyPoker because the rake will rape you there.)
Your tilt probably comes from inexperience and the fact that you value the money you lost too highly.
Play stakes where you don't mind losing a buy-in and then slowly work your way up.

BTW, taping the $50 to your screen is probably the worst thing you could possibly do at this point.

Re: Might I suggest
 

This may be terrible advice; I don't think it but it could be.

I suggested something that worked for me which I thought might work for the OP.

Losing control and bleeding off hard earned money is one problem I've never had; this makes it tough for me to dispense worthy advice for combating this problem.

In other words, I should have probably abstained from this discussion.

My apologies if any harm came of it. (Really)

*

However . . .

Re. your contention that this type of mentality will never allow for [me or anyone else] to take his game to the next level . . .

I have taken mine about as far as far as I ever will. I haven't the drive (and may very well lack the skills) to soar among the giants. I made a nice haul in '05 and look forward to an equal (or slightly improved, keyword: slightly) '06, but I have long made my peace with the fact that I will never be seen on ESPN or the Travel Channel.

Not all of us are seeking immortality; some of us like/love (live for?) this game and need occasional help with some of the more mundane problems we encounter.



It is this fact that led me to make such a simplistic, and perhaps damaging (though I doubt any damage was done) suggestion to the OP.

If he'd said his biggest problem with his game was a bad back I'd have suggested he buy a new chair; if he'd said eye strain was his biggest stumbling block I'd have suggested glasses and/or a bigger monitor.

His post suggested he had a fairly good grasp on how to play the game but that he had problems with a tendency toward hating his money. I accept that this was not my finest moment on 2+2, but I am curious - what would YOU suggest this person do ?

I tried to help him slay his demon; your contribution was - hmm, sorry, remind me again - what was YOUR contribution ?

I'll stipulate that my suggestion was [far] less than great; care to pick up the ball where I fumbled it?

I'll also extend the same invitation to jmillerdls.

- Oh, btw . . . she is; she REALLY is [img]/images/graemlins/smile.gif[/img] (see his response).

Though she obviously lacks anything resembling good judgement. (The wedding is in 4 months).

Nonetheless, neither boasting of her charms nor of my good fortune to be their recipient was not the intention of my reply.

Re: Might I suggest
 

What a suggestion: teach OP to play with scared money ALL THE TIME!

Your wisdom is far too subtle for my simple mind.

Re: Building a bankroll
 

Get a part-time job so you don't have to cash out $50 every time you make it.

Jeesh.

KEEP YOUR POKER BANKROLL SEPARATE FROM YOUR REAL-LIFE BANKROLL, WITH THE EXCEPTION, OF COURSE, OF YOUR FIRST DEPOSIT.

Re: Building a bankroll
 

Just read, play and learn buddy. I tilt and hate it everytime I do. I don't think there's a gimmick to keep me from doing so, just discipline and experience. At least I hope so. Good luck.

Re: Building a bankroll
 

play 25nl 6-max till u build a roll of 400-500 then move to 50nl 6max and build it 1000-2000 and now your off to a good start

if u cant do this u have no business playn noloimit so save your money or stick to playn donk tournys for there novelty
i see people lose 1000s b/c they dont know basics

gl to u

Re: Building a bankroll
 

You make some good points, but might I suggest you include a plan to incorporate a purchase of SPELLCHECK into your plans ?

Wait - I was just informed it's available for FREE. [img]/images/graemlins/smile.gif[/img]

Re: Building a bankroll
 

if i where playing spelling bee's for money i would be a sucker or a donk

but i play no limit and im no sucker at that game

i did write noloinit wtf

Re: Building a bankroll
 

A few suggestions:

1) Play hours, not results. Play your selected game for a set time, only staying longer if you are winning and you are a big favorite in the game. If time runs out and you are losing, there's always tomorrow. When deciding to stay longer, still base your decision on time, such as one more hour, rather than "when I win $20 more." Also, cash out at a constant interval, like weekly or biweekly. This advice is based on Daniel Negreanu's Cardplayer article. In the long run, you'll be able to objectively determine how successful you are as a poker player.

2) When you lose three consecutive sessions, move down a limit. When you win three consecutive sessions, move up a limit, provided your bankroll is large enough for that limit. I play $1/$2 NLHE live and I was playing $100 NLHE online until I had a few losses, putting a dent in my confidence. I stepped down to $50 NL, booked a few wins, and now my confidence is up and most of my losses are replenished. I was able to win back what I lost while risking less, and at the same time allowing myself to regain the confidence I needed to compete at the higher limit. This idea came from an article by Kristi Gazes on FullTilt.

3) Play within your means. Poker isn't a race, so don't be in any rush to build a massive bankroll and buy a mansion. Poker is gambling, so don't play with money you can't lose. You can't control the cards, and luck does play a factor in the game. With a decent bankroll, and some skill to boot, you should be able to withstand any downswings caused by poor luck and come out a winner in the long run.

4) Don't take shots at higher limits when your bankroll can't withstand it; shots aren't for serious players. While this is related to tip #3, it is somewhat different because some players feel it is OK to take 25% of their bankroll and take one gamble at a higher limit. There's really no positive reasons to do something like that. A serious player would never do it because he/she wouldn't rely on a lucky night at a big limit. Like TOP says, good players are at war with luck, so be a good player and don't take shots.

Hope some of this helps.