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  #1  
Old 05-21-2005, 03:25 PM
THWAP! THWAP! is offline
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Default sng\'s and stop losses

(some) cash game players use stop losses. like, if they're down, say, 30 bb, they quit for the day. it might be bc you're gunshy, or you might be in over your head, or you might not have your a game, but don't "know" it. really, all sorts of reasons.

do you guys use stop losses (say, X buyins), and if so, what stop loss?
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  #2  
Old 05-21-2005, 03:33 PM
TruFloridaGator TruFloridaGator is offline
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Default Re: sng\'s and stop losses

It's different for multi & single tablers. I single, I stop for a few hours after 3 or 4 OOTM, then come back & play some more. 6 OOTM in one sitting usually shuts me down for the day.
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  #3  
Old 05-21-2005, 03:37 PM
valenzuela valenzuela is offline
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Default Re: sng\'s and stop losses

that 30x BB is stupid IMO, u should stop playing when ure playing ur C game or worst. Ill make a new rule.
1)Are u calling with middle pair in early levels on the flop?
a) yes b) no

2)Do you get angry when u lose coin-flips?
a) yes b)no

3)Are you losing agression on the bubble?
a)yes b)no

4)Are you tired?
a)yes b)no

5)Are you complaining becuase ure oponent suck?
a)yes b) no

You should stop when u reach 2as or when u lose ure bankroll.
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  #4  
Old 05-21-2005, 03:41 PM
TruFloridaGator TruFloridaGator is offline
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Default Re: sng\'s and stop losses

If you're reviewing hands & posting them during the day & you're figuring out your leaks, then you might want to consider you may be tiltish or off your game, but if you figure out you're making the right plays, then only you can decide when to stop.
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  #5  
Old 05-21-2005, 03:44 PM
bluefeet bluefeet is offline
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Location: galapagos islands of course
Posts: 825
Default Re: sng\'s and stop losses

Certainly nothing scientific, but I do have a pattern that works well for me - serving as an exercise in both self-motivation and self-control.

I 2-table the $13 and $38 6-seaters on Stars. I always start the night on the $13's. I don't move up to the $38's until I cash on a $13. If it only takes one game, then up I go. If it takes 2 or 3, so be it.

I'll then stay at the $38's until I fail to cash in two consecutive games. When/if this happens...back down I go, and start over.

I'm using a 'rolling BR' method someone on here suggested a couple months ago. I'm playing about half & half at these levels. So this method also serves as a good way to get a balanced mix.

More importantly, it motivates me to play my top game at all levels. I want to move up & and I want to stay there. And finally, the discipline saves me from tilting....wanting to 'get it back quick' when I take a bad beat at the higher level.

I only play a couple hundred a month - probably wouldn't work for the full time folks that need sheer volume. But would probably fit most part-timers.
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  #6  
Old 05-21-2005, 03:50 PM
pergesu pergesu is offline
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Default Re: sng\'s and stop losses

[ QUOTE ]
that 30x BB is stupid IMO, u should stop playing when ure playing ur C game or worst. Ill make a new rule.
1)Are u playing middle pair in early levels?
a) yes b) no

2)Do you get angry when u lose coin-flips?
a) yes b)no

3)Are you losing agression on the bubble?
a)yes b)no

4)Are you tired?
a)yes b)no

5)Are you complaining becuase ure oponent suck?
a)yes b) no

You should stop when u reach 2as or when u lose ure bankroll.

[/ QUOTE ]

In that case, I think you need to swap the answers for question 1.

Passing on middle pairs (or any pairs) in early levels is passing on a lot of chips.
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  #7  
Old 05-21-2005, 03:50 PM
KenProspero KenProspero is offline
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Posts: 123
Default Re: sng\'s and stop losses

How did I lose?

The other day, I had 4 or 5 games in a row where finished 4th -- in each case, I was all in or nearly all in as a significant favorite and got beat on the river each time.

It happens.

I thought I'd played it right, and don't necessarily think it's time to quit just because of bad luck.
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  #8  
Old 05-21-2005, 03:55 PM
valenzuela valenzuela is offline
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Default Re: sng\'s and stop losses

Im talking about middle pairs ure talking about middle pocket pairs, Ill edit that. Btw my rules dont really matter I just made them up for the OP¨who wanted like a guideline for when to quit.
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  #9  
Old 05-21-2005, 04:59 PM
futuremogul futuremogul is offline
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Posts: 2
Default Re: sng\'s and stop losses

(from pokermafia.com)
How to Win a One Table Limit Hold’em Tourney
Without doubt you will hear many different opinions on the way to win one table Limit Hold’em tournaments. Try our advice for yourself and see how you do. While you may find that it goes against almost all the advice written by various others, it is, however, the best way to success in these tourneys.



This theory will cover all variations of single table Limit Hold’em tournaments, from online to Bricks & Mortars. These tourneys are short time frame events, played in hand increments, such as 10 hands, or in time increments, such as ten minutes. All players have an equal amount of chips allotted to them at the beginning, and the tourney starts at very small limits, progressing as each period ends.



You can't expect to win these tourneys until at least the sixth period or level. Many can go to the ninth, with seven and eight being the most common level for a win. Limit tournaments last longer than their No Limit or Pot Limit counterparts, but the approach to winning them doesn't differ very much. If anything, you play far tighter for far longer in a Limit tourney than you would in a NL or PL. While many players drop by the wayside in rounds one or two in NL and PL single table tournaments, this seldom happens in the Limit venue.



Henceforth, a one table Limit Hold’em tourney will be called an OTLHT. I know you have read many approaches to beating these OTLHT and wish to tell you now, almost everything you have read is wrong. Most approaches have been written by low Limit players who do not possess the proper knowledge of how to accomplish these feats. Here is the best strategy available for these OTLHT.



From the outset your tactic should be to play only TOP PREMIUM HANDS. Forget about limping in, forget suited connectors, forget Axs, QJs, KJs, small pairs and the likes. Unless the flop hits you perfectly, you are jeopardizing your chances for winning later on. If you lose with a premium hand you will not have done anything wrong. It is always easier to win with a better hand and you don't need to rely on the flop for so much help. Play as if your life depended upon winning the hand. When the Limits are small, sit and wait for premium hands, and premium hands only. If they don't come, don't worry - you will get a shot at the target without squandering your chips in the hopes of making an early hand. Obviously amassing chips early is very beneficial, but how you get them is the key to success in your game.



Playing these OTLHT is not about making hands - it's more about not letting others suck out on you. Having players limp in and then limping in behind them in the hopes of making a hand is more detrimental to your game than you can imagine. Losing frequent small amounts in the beginning leaves you without a realistic shot when it counts. Many are under the impression it is easy to read people that play tight, but don’t worry about this. To some extent it is true - unless the hands are played correctly and there is proper follow through.



Again, in the opening rounds, approach the game in a very tight manner, mucking all but top premium hands. When you enter a pot, raise or reraise, as nothing else is acceptable. I stress the key to success is Isolation with Position. In early rounds when there are many players in the pot, be prepared to lay down big hands if you get bad flops. It doesn't cost you much to lay the hand down. When many players are in the pot, a big hand must usually be produced to win it. Our approach to winning these OTLHT is more basic and perhaps more subtle. I really don't need to produce any big hands to become winners. In fact, our style is more of pair poker than anything else.



Of course there are exceptions to everything so here we go - exceptions for calling with weaker hands include the button and the blinds, where suited connectors and small pairs may be played early on.



As levels increase, chips are exchanged. Winning one pot in level three or four is equivalent to winning several at level one. Hence it is better to keep your chips for as long as you can, waiting for premium hands. Don't push the issue and try to make hands. Be patient and hope you pick up a big hand or two to get into contention. If you don't pick any hands up, there are other ways of getting into contention. I will discuss this a little later.



The major premise of this theory is getting to the 100-200 level with enough chips to play a hand through 4th street, meaning you must have at least T500 when you get to this level. Obviously the more chips you have the better off you are, but we will assume the worst and act accordingly. We'll take the position we had AA cracked in round two and haven't won a hand in the tourney. BUT, we have held on to enough chips to play one last hand though. Even though we still haven't won a single hand, keeping enough chips is the key part of our strategy,



At this level, some players will have dropped out and many will have become short-stacked. You must keep track of what your position will be when the blinds go up. You do not want to be at the mercy of the flop, in the position of not having enough chips to be able to bluff. The key is survival and getting to the next level. Players drop out one by one, and you must be aware of who will be making a desperate move to survive. Observing the stacks and the blinds does this.



You can expect short-stacked players to open under the gun when they are faced with elimination (or possible elimination) if they are forced to go through the blinds. Their reasoning is that the two cards they hold will probably be better than the two random cards they will receive in the big blind. Because this thinking is basically flawed many people will call them when holding less than they normally would. Besides, they still have to go through the blinds and if they have left themselves in this position, they are basically at the mercy of the deck. Ideally you don't want a call, but you can almost be assured of one. Best to have done something earlier and avoided this situation.



The key to winning these OTLHT is to give yourself a chance to fire at least one shot in the higher end level of these events. Having T500 gives you a decent chance of stealing when you get there. Players notice you haven't played any hands, and you will get more respect.



When you are left with a small amount of chips, you have a better chance of winning if you attempt stealing blinds - at opportune times. It is far better to go down attempting to steal blinds than by blinding yourself off. Obviously blinding yourself off will happen occasionally, as the players will not give you any chance to steal. It's hard to steal when the player in front of you just raised. When you do this, forget about what you hold, just go for it. Your hope is to get the blinds to fold or to steal them after the flop. In fact, when you get to this position, play like you have two Aces (regardless of your hand) and hope you run your bluff and survive for another round. Obviously you will need to show down a winning hand sooner or later in order to win, but attempt to steal blinds when in this position. When short-stacked you completely change your style. Now you go into a short handed playing mode, raising with any hand totaling 18 or more (count as you would in black jack). The game has become five-handed or so and many walks will be allowed at this Limit. When you are short- stacked attempt stealing when it's possible. It is a far more effective tactic than hoping you will hit a flop. If you are called, you can always get lucky. Make sure you follow through with your stealing attempt. If you have to ‘go’, go out betting.



You can make the money, without ever showing a hand. The secret lies in not being called. Many think this is not a decent approach. I advise you to try this approach. It will give you a higher winning percentage than any other position percentage. The key is the aggressiveness you show in the latter part of the tourney. Being in the money 50% of the time is something you can achieve. Attaining this statistic is not easy (though no doubt I will hear to the contrary from many of you). If you can achieve 50% in the money, in the higher end OTLHT, you will easily achieve a six-figure income. You can do the math on this one yourself. An even lower percentage will still allow you to earn six figures a year.



Playing small pairs at the begging of the tourney is out, except on the button or the blinds. As you reach the latter part of the tourney, these hands are considered decent bluff raising hands (meaning they aren't strong, but unless the opposition has you over-paired, you have a coin flip decision if called.) These are good hands for attempting a steal - you hope you don't get called and take the blinds, but if you do get called, you end up with a normal coin flip decision. You will win your share and your position after winning one of these will definitely improve.



As you get further down into the tourney, good players usually work as a team to whittle away on the small stacks, so they can place in the money. Obviously this is not collusion. It is simply good play to put the small stacks to a test on every hand, denying them free blinds and hurting their chances of winning.



Again, these tourneys are short time frame events, played in hand increments or in time increments. All players have an equal amount of chips allotted to them at the beginning, and the tourney starts at very small Limits, progressing as each period ends.



The basic rules of thumb for hand vs. time increment arenas;

With a hand count Limit raise, a looser strategy should be employed as not as many hands are played.

Strategy varies a little if the Limits are raised on a time level. One reason is you can't be absolutely sure when the blinds will be going up. In timed Limit raises, play a bit more conservatively if you get a good chip position. If your chip position is poor, use the approach I have described. Many times you may be called upon to bluff. Think about how many times you have AA late in tourneys and raise, only to see everyone fold. Do the same with any two cards when you get to the point of not having enough chips to bluff. The biggest weapon a good player has is the ability to steal. When this option is taken away, his ability diminishes. This is why I recommend the all-in betting strategy in No Limit tourneys. All in betting, selectively.



Remember one thing, the higher money level you play, the more aggressive the players become. Achieving a 40% in the money percentage in $100 tourneys will allow you to earn at least $50,000 a year.
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  #10  
Old 05-21-2005, 05:44 PM
J-Lo J-Lo is offline
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Default Re: sng\'s and stop losses

pshhh..... that strategy sux... don't anyone try it, you're bound to drop at least 30 buyins at whatever level you play.
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