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Building on a small bankroll
Posted: 07-19-2009 08:09 AM |
Currently my online bankroll sits around $200, I am curious to know what other people do to safely build onto it. My thing is 10+1 9-man SNGs, which I am pretty good at and I cash in roughly 50% of. But I find that if I try sticking to this and only play 10+1 SNGs I always seem to end up win 20 bucks a day or lose 20 bucks a day somehow. Eventually I just get simply bored, I start playing ring games where I don't have the bankroll to maintain myself at, and it is hit or miss, seems like I either double the bankroll or go bust.
I need a little advice, thanks for your time. |
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Re: Building on a small bankroll
Posted: 07-19-2009 12:58 PM |
play within your bankroll (10+1's on a $200 roll is not my idea of good BR management!)
get an account with rakeback
Get better at poker so that you have more +$20 nights than you have -$20 nights 
Mat |
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Re: Building on a small bankroll
Posted: 07-21-2009 12:29 PM |
I partially disagree with Mat.
If you were entering 45-man tourneys or whatever, $200 is not enough. But provided that you're only playing single table SNGs and are beating them on average, $10+1's are (barely) fine. If either of the qualifiers on the front end of the last sentence are NOT true, then you're playing too big.
What stakes of cash game do you play? From your OP, that sounds like your problem. It's much better to crush the .10/.20 games than to play too big and lose a few hands in a row. There's no shame at all in beating low stakes games until your roll is big enough to play where you think you can. Going bust, on the other hand, is so amazingly suboptimal that it stupefies me that anyone does it. You've lost your seed money, then you have an opportunity cost on your new seed money (and that's even if you keep it and start winning the next time, which is far from guaranteed if you're still playing over your head.)
If you want to really build a BR (as compared to having it grow amazingly fast), you have to take a lot of the gamble out of your stakes. If you're really that much better than the low stakes cash game, you can probably get your kicks by the fact that you're constantly winning. If you're not beating these games regularly, then you shouldn't be playing at bigger tables anyway.
Finally, second what Mat says about making sure you're getting the best bonus and rakeback T&Cs for your BR size. They vary from room to room. |
Arrr, matey |
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 bobby7
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| Joined: 05 Apr 2004 |
| Total Posts: 5426 |
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Re: Building on a small bankroll
Posted: 07-21-2009 01:23 PM |
imagine the Absolute worst day possible you can have in poker..if tlosing that is gonna knock you off your game you are playing too high.
how many of these sngs do you play a day and if you do go on the inevitiable bad run of 7-8 losses in a row are you willing to keep playing $10 sngs at your best? |
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the8bit
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| Joined: 14 Mar 2009 |
| Total Posts: 428 |
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Re: Building on a small bankroll
Posted: 07-21-2009 02:23 PM |
This, although often how much you lose is secondary to how it is lost.
as a btw, I have a $200 BR on tilt right now, with $1200 behind it in the bank and I play mostly $5+.5 SNG's to reduce swingeyness, but honestly I should be playing $10
I think $5+.50 with a $200 BR is the correct place to be, unless busting out wouldn't affect you. |
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Re: Building on a small bankroll
Posted: 08-02-2009 11:33 PM |
pick a game
grind it
make money
move up
pick a game
grind it
make more money
--- this concept isn't grasped by many. grinding out hands/tournaments is the key to winning at poker. not to poke at Jon, but he really hasn't done what's needed to be done to be successful in the way that he wants. He has all the tools but he has a self-diagnosed case of poker-ADD. Pick a game, stick with it, don't be a jack of all trades, be a master of one. |
regularly updating my blog again (as of 11/18/08) |
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Re: Building on a small bankroll
Posted: 08-03-2009 12:28 AM |
Pick a game, stick with it, don't be a jack of all trades, be a master of one.
I agree with this to a degree. However, I don't feel it's bad for a cash player to play an occasional tournament, or a tournament player to play a single session of cash here or there.
Also, I just went through a pretty horrific downswing for well over 10k hands that seemed like it was never going to stop. I was going to give poker in its entirety a break, but I figured that was -EV so switched over to O8 for a few sessions while I re-evaluate my NL holdem game. I don't think this is horrific either because I'll soon go back to the bread and butter. |
Teach Me Does Good Pokers Yes? |
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bobby7
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| Joined: 05 Apr 2004 |
| Total Posts: 5426 |
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Re: Building on a small bankroll
Posted: 08-03-2009 01:35 AM |
pick a game
grind it
make money
move up
pick a game
grind it
make more money
--- this concept isn't grasped by many
pick a game, stick with it, don't be a jack of all trades, be a master of one.
truth, i think im above average at every game but i cant say i excel at any one game. that pretty much means i will never make any progress. ill try to play holdem and for a while ill love it then ill hate it and go to omaha, then the same thing happens and i go back to holdem. ive always had difficulty choosing a game. |
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