#11
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Re: Trying to Build my Bankroll...Critique My Plan...
I have played $25 , 50 and $100 NL for 14 months. I'm up $2000, but still find myself busted out of $100 NL frequently,because I have lost my budgeted amount for that table stake($200). I then must go back to $50 NL. If I bust out there($200 again) then I go back to $25 NL. That's my quasi-system of budgeting.
My point is that the game at $100 NL is far more difficult than the game at $25 NL. Learn to walk before you fly. Also tournament poker is like backgammon while NL is like chess. They are really quite different games. I've tried mixing play in both areas and find that tournament poker ruins my cash games skills. Play to play well, and the cash will follow. Find the area wherein your particular skill set excels, but do it at small stakes tables, and move up as your back roll grows. Hope this helps. |
#12
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Re: Trying to Build my Bankroll...Critique My Plan...
[ QUOTE ]
[ QUOTE ] 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. [/ QUOTE ] I think this is a bad way to go about it. Saying I want to have $x by Jan and then $x + $y by April, etc. is setting yourself up for disaster. What happens if you miss? What happens if you go on a rush? Then you try and 'take a shot' and move up quicker? I would be more concerned with how you are playing rather than how much money you have. That stuff will take care of itself if you are playing well. Seems like you have the wrong mindset. [/ QUOTE ] To OP, save Trevor's post because it is gold. You must always be evaluating your game outside the monetary constraints while evaluating your bankroll within your monetary constraints. Basically, don't believe your own hype. Players run hot for 10K hands and you could too. It doesn't mean that you have to believe you are God's gift to the game. Post hands, respond to hands, ask some of the poker minds on the board why they respond the way they do in certain threads. If you can think on the level of Amoeba, TWP, wtfsvi, Fimbulwinter, and others, you are ready to play in their games. For the sake of your bankroll, not before then. |
#13
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Re: Trying to Build my Bankroll...Critique My Plan...
[ QUOTE ]
I have a very modest bank roll system where i save 35% of it at ends month for university AND i play with 40x the buyin @ 2 tables [/ QUOTE ] 40x the buy in??? so to play 1-2 you feel you need 8000? maybe im misinterpreting this |
#14
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Re: Trying to Build my Bankroll...Critique My Plan...
[ QUOTE ]
40x the buy in??? so to play 1-2 you feel you need 8000? maybe im misinterpreting this [/ QUOTE ] No, you're not. I go the 30X rule, but I play a bunch of tables and need the cushion. If you play less tables I think you can get away with 10-20X. good luck |
#15
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Re: Trying to Build my Bankroll...Critique My Plan...
i bring 4 buy ins when i go to the casino and do fine at 1-2 where unfortunatley the buy in is 100 max but in other live games 250 max i bring 1000 and do fine, maybe because im not seeing as many hands. i dont play alot online and dont have a big roll but have found that at .10-.25NL im doing fine with 6+ buy ins and plan on moving up to .25-.50NL once i hit 300$. started with 10$ in my account and worked it up at .05-.10 and moved up using my 6x rule went to .10-.25 at 150$ . maybe im crazy or headed for disaster..... if i am please let me know. [img]/images/graemlins/tongue.gif[/img]
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#16
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Re: Trying to Build my Bankroll...Critique My Plan...
Give it try, but don't expect everything to go that smoothly and don't be suprised if you hit the rail again. 2 months isn't a whole lot of time to improve your game from a 11$ sitn go player to a winner at 5/10 6 max who several posters have said is the hardest game on party.
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#17
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Re: Trying to Build my Bankroll...Critique My Plan...
[ QUOTE ]
i bring 4 buy ins when i go to the casino and do fine at 1-2 where unfortunatley the buy in is 100 max but in other live games 250 max i bring 1000 and do fine, maybe because im not seeing as many hands. i dont play alot online and dont have a big roll but have found that at .10-.25NL im doing fine with 6+ buy ins and plan on moving up to .25-.50NL once i hit 300$. started with 10$ in my account and worked it up at .05-.10 and moved up using my 6x rule went to .10-.25 at 150$ . maybe im crazy or headed for disaster..... if i am please let me know. [img]/images/graemlins/tongue.gif[/img] [/ QUOTE ] The 20x buy-in rule only exists to protect you and your full bankroll from risk of ruin. It isn't really there to guide you as to how much cash you bring to an individual session. Obviously at $.10/.25, you could lose your $150 playing great poker due to variance, but you'd simply redeposit as $150 isn't truly your bankroll. |
#18
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Re: Trying to Build my Bankroll...Critique My Plan...
post more hands, not plans
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#19
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Re: Trying to Build my Bankroll...Critique My Plan...
IMO, a better gameplan is this:
-Take the $200, put it in a site that offers NL($10), hopefully with a deposit bonus. -Play NL10 until your bankroll is over $500. Start with no more than 2 tables until you are quite comfortable with the game. Add additional tables as you like, but whenever you feel overloaded, close one. -Once your bankroll is over $500, you can move up to NL25. Play there until you build up to over $1000. If your roll ever drops below $250, or you feel uncomfortable with the game, move back to NL10 and work back up. -If you can get a deposit/redeposit bonus on the same or a different site, do that now. -Play NL50, build up to over $2000, move up to NL100. If you drop below $600, drop back down to NL25. -Play NL100 for at least 20K hands. From what I understand, the level of play steepens more at NL200 and above, and if you don't understand the game enough to play at that level, you stand to lose a lot fast. -Once your roll is above $5000, its time to give NL200 a try. Perhaps play one table of NL200 along with a few of NL100 until you get a feel for the game. -and so on... Basically, start playing just ring games, and save STTs for an occasional break. Never play a game without at least 20 times the buyin in your roll (maybe more, for shorthanded play), and if you hit a bad run, drop back down. Never play more tables than you are VERY comfortable with. Don't do anything irrational (like play $215 STTs or NL games that you arent properly bankrolled/skilled enough for) Continue reading, posting, and learning the game. If possible, find a partner on a similar plan and team up to work on each other's games. You'll often learn much more when somebody else takes a look at your play. And of course, good luck! |
#20
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Re: Trying to Build my Bankroll...Critique My Plan...
Despite what others say, I think building a bankroll through STT's is a fine plan and a good way to go.
However, your overall plan seems naive. |
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