Bankroll/Discipline

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Posted on Jul 10th 2007  -  Subject: Bankroll/Discipline
Im not particularly a fan of playing online, but due to lack of games available im going to play anyway, possibly a mistake already. In the past when iv played online iv had around 900dollars in my account and sat at 1/2 NLHE with 200 a time, and eventually got bored and moved up to 2/4 then 3/6 and 5/10 mainly because i was so bored. Needless to say, i busted moving up so quickly. But i noticed i always won at these limits for the first hour or two, and then it was a slippery slope to busto. So im considering trying to build my bankroll again but actually playing seriously and not getting bored and pissing it all away as i usually do. So if i desposit 200dollars what kind of stakes should i be playing? and considering im fairly loose aggressive, and from what iv seen the lower stakes online are total fish, id surely have to adapt and tighten up? Thanks, Dealor
Few Players recall big pots they have won - strange as it seems - but every player can remember with remarkable accuracy the outstanding tough beats of his career.
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Posted on Jul 10th 2007

I would personally recommend you to start at .10/.20 NL tables with always the max buy-in and then once you get comfortable and manage your bankroll up to let say 500 ... I would give a try to .25/.50. But never comprise or put your whole bankroll in jeopardy make sure you don't feel stressed going up in stakes , afraid to not win etc. If you think you're loosing after moving up just go back where you were winning and keep the profits coming. Just be patient ... oh and play tight and then after a few you can loosen up a little.

Anyway this is just my opinion, curious to hear what others have to say ;) Good Luck!

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80384 Nibs: 218
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Posted on Jul 11th 2007
playing .10/.20 has been the answer from everyone i have asked, and its the one i didnt want to hear lol. I know its the most sensible option, and the one that in the long run i will profit from and become a better player. As i mentioned in a earlier post i struggle with discipline so i tend to play crazy, so it will be interesting to see if i can adapt. I am actually looking for a new site to play on, preferably one with decent rakeback and that accepts deposits direct from a debit card. It wont be for another three weeks or so before i start playing again as due to my moving up levels im busto lol. So until then im just trying to find the best deal for rakeback etc. Thanks for the advice, Michael.
Few Players recall big pots they have won - strange as it seems - but every player can remember with remarkable accuracy the outstanding tough beats of his career.
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Posted on Jul 11th 2007

We got a new poker room ... 50% Rakeback ... that should do it eh? Hehe you won't find any better % than that anywhere else :) Have a look at our Poker Rooms page >> http://www.pokerinside.com/poker-rooms

80679 Nibs: 812
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Posted on Jul 17th 2007
the rakeback given is for the rack taken of u ,or the rake taken of all the players in the tables u play?
80384 Nibs: 218
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Posted on Jul 18th 2007
the rakeback given is for the rack taken of u ,or the rake taken of all the players in the tables u play? i think its from the total rake taken from every pot that you were involved. so every hand your dealt, u get a percentage of the rake on that pot. then every month usually it is transferred straight into your account.
Few Players recall big pots they have won - strange as it seems - but every player can remember with remarkable accuracy the outstanding tough beats of his career.
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Posted on Jul 24th 2007
I think that you might get a better game at the .25/.50 level than at the .10/.20 games. Seems to me people keep calling at the smaller stakes, almost no matter what they have.
ciao for now
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Posted on Jul 28th 2007
I follow Chris Furgeson bankroll managment and it has suited me quite well and "I'll never buy into a cash game or a Sit & Go with more than 5 percent of my total bankroll (there is an exception for the lowest limits: I'm allowed to buy into any game with a buy-in of $2.50 or less). I won't buy into a multi-table tournament for more than 2 percent of my total bankroll and I'm allowed to buy into any multi-table tournament that costs $1. If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of my total bankroll, I must leave the game when the blinds reach me. I think a lot of players would do well to apply these rules. One great benefit from this approach to bankroll management is that it ensures you'll be playing in games you can afford. You'll never play for very long in a game that's over your head because, when you're losing, you'll have no choice but to drop down to a smaller game. You can continue to sharpen your game at that lower limit until your bankroll allows you to move up and take another shot. These rules also prevent you from being completely decimated by a bad run of cards. Dropping down and playing lower limits is difficult for a lot of players. They view it as a failure and their egos get in the way. Many want to remain at the level they'd been playing and win back their losses. But this can lead to some pretty severe tilt - and that can go through a bankroll in a hurry. I know that dropping down was difficult for me in my run from $1 to $20,000. When I first played in the $25/$50 game, I lost. Sticking to my rules, I dropped down to the $10/$25 game. I had a losing streak there and had to go down to $5/$10. That was tough. After playing $25/$50, a $5/$10 game was boring to me. But I had the discipline to stick to my rules, and that motivated me to play better at the lower levels. I really didn't want to lose any more because I knew the consequences: I'd have to play even lower and work even harder to get back to where I'd been, which could take as long as a month. If you ever find yourself bored or frustrated playing at the lower limits, you're obviously not playing well. Take a break from the game. Often, stepping away can give you a fresh perspective and heightened motivation to play well when you return. There are a couple of more tips I'd like to share regarding bankroll management. First, you should never play in a game that is beyond your bankroll simply because the game seems to be soft that day. It's never soft enough to risk money that puts your bankroll in jeopardy. The other point is that you should avoid playing in games that are at the top of your bankroll limits, when a lower game offers more opportunity for profit." These rules are sure to help you as well, as you pursue your own poker ambitions.
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Posted on Sep 6th 2007
what does everyone think a bankroll should be ? ..............................
GambitMaster Team Toronto
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