Building from $30 - Easy?

I will update as this goes along.

Just started an hour ago and I'm up to $50.

anyone know of a way to build it up quicker, let me know.

What stakes are you playing?

currently im playing .10/.20 and buying in for the min, trying to stick ot the 5% rule. in the last hour i bought in for 2.50 and got too $15.88, then left the table after noticing i was getting some good cards with no hits.

building a bankroll general is NOT in anyway easy
i think ur playing kinda hi with just a 50$ roll { need atleast a 60$ roll to play 10c-20c limit, 300BB }
it wont be easy but i wish u luck

well that is the lowest limit avail at my site. they only allow a $5 buyin though so that makes it a little easier i guess. it's building up though slowly as we speak, i will update later.

I agree with pantin007's assessment that your bankroll was too small for that limit, but if that's the lowest limit the site allows then you're doing the best you can with what you have. That's all that can be expected.

When your bankroll is that low *stability* should be a much higher priority that speed.

agreed

ok, slight problem, I went from 30 to 50 in an hour, bu tnow im stuck at 50. I wanted to try playing multi-tables to build a little quicker but the variance seems to get you nowhere. See, I was playing 3 tables, I lost all my money on 2 of them and tripld up on one of them, which broke me even. If this happens all the time than what would be the point of multi-tabling. Any suggestions because I would like to multi-talbe if I can find the right avenue.

if you're a newer player stick to one table to give maximum concentration. that's what i suggest.

I've been playing for a while now on single tables and would like to practice multi-tabling till I get good at it. Guess the answer to that it "then your gonna have to deal with breaking even until you get good at multi-tabling", lol am i right.

yea I have played many sng's and MTT's. I seem to always place in second in the sng's, lol and well the MTT's, and this is getting so sickening too, either I wind up one place from reaching the money or I am last in the money and short-stacked, so when I have a good hand an punch it, ofcourse I get callers due to my short stack, so I'm knowcked out there, I dont place much higher than that very often in MTT's.

Just an observation and I could be totally wrong. But to me it;s coming across that you expect to be at a BR of $200 plus overnight. It can happen, but it's rare and you have to be cautious with that mindset cause you will be put on tilt much faster and more likely to loose it all. But good luck

An hour is nothing. It is a blip. It a coin flip in your poker career.

Don't even try to judge yourself on anything less than, say, 5000 hands

ok, ive played over 12k hands in the last month, ill judge from that, lol.

well im up to $75 after some multi-tabling and trying to grind it out to reach my bonus for the month

That's fine. If you keep accurate stats from your 12k hands, then you should know that you aren't likely averaging a buyin per hour, so your 30-to-50 scenario was a heater you should enjoy and let go of, because it won't last forever.

yea i know, at the .10/.20 i am averaging about $8/hr in my poker dominator stat tracker. I'm trying to manage wisely, but the .10/.20 is the lowest that is offered there.

I started a $30 BR on the 21st. I played $2.25's and kept taking shots at the $5/45 when I had enough, kept FT'ing and a few cashes, finally won one. Moved up to $5 SnGs, grinded up to ~$200. Hit a bad run for a few days and had that run down to ~$80. Today I was feeling more of the beats but I managed to crack another $5/45 (haven't played them since that first week) and a $5SnG at the same time so BR is ~$170 right now.

I was 9-tabling the SnGs but after running bad for so long I figured it was best to take it down to 4 and really study the hands before me, to help me extract maximum from my big hands and give me better shots to win. I'm still running a little cold but I'm not going to complain, the 45 was great.... 99 held up against A10 FTW!!!

I personally like SnGs but I see why a lot of people play cash instead. My plan is to grind to about $500 and then open up to some small stakes ring games with the SnGs, at about $1k I might move up to some better stakes, we'll see how it goes.

That's good suff there. But unless you win consistently at sng's it's hard to build a BR that way. You should place in almost every sng you play, which i place in about 90% of them that i play, and i do that by staying tight at the beginning, then when there are about 5-6 plaers left, loosen up a bit as everyone is trying to make the money so there are a lot of folds and you can steal some decent blinds, by this point the blinds should be decent enough and worht the steal if you get enough of them. Cash games are fun to play, I got to my $75 last night multi-tabling. I lost my money on 2 tables and thought i was done for until i picked up some monster pots to put me on top. Multi-tabling can be so much more profitable than single table. I only play 4 tables max though.

stick to your bankroll management and try to build your money to play at sit n go's that are worth it

After reading the bottom post I see you already are taking good advice but just pay attention to all the bad beats and don't let them manage your bankroll.

I doubt you cash in 90% of the SnGs you play, unless you've only played 6 in your life and had a little run. If you cashed in 90% of the ones you played you wouldn't be building a BR from $30, you'd be rich.
Extremely good ROIs at the $5 levels are 30'ish, and that's the people who literally kill them. A good ROI would probably be something like 10-20%.

SnGs are very high variance, but the risk of ruin is lower, and most online pro's agree are a great way to build a BR.

i play 3.50 sng's lol, the 30 is an experiment which is reaching 100 now. 90% may be a bit much, exxageration, my sng ROI is 37.6%

I have found that if your trying to build up a nominal deposit, the easiest way is to play the low $$ sit n goes and play patient, the majority of the people there do not care about winning and will play almost any hand. If your patient and wait for playable hands you will find the donks that will go all in on junk and you can double up, also it will give you more chips to begin with and lessen the chance of an all in call with your bank roll instead of the $1 you risk to play the tourney. There is no fast way to build it up, you would be suprised how much money you can build in a month just cruising the low $$ sit n goes.

if you are nickel and diming it ur going to get those results. i would bump up ur sng to 10 dollar single table or 20 dollar and then see what real poker is about . it is not much money and u will see where you stand in the online poker community. this aint no penny arcade. play it dont let it play you

I'm still gathering the general information about money management. My approach right now is pretty simple. I play the 2.20 SnGs until I get to $30.. then play the 3.30 ones, etc. , moving my buy-ins up to ten percent of my bankroll. It's true that you can win regularly by being patient. Try starting your SnG right after a freeroll has filled up. Then you get the freerollers who missed out. They are frustrated and used to playing for nothing.

-Pathlord

First off, to the OP, you should have ~$400 to play 10c/20c NL. If you are playing limit you may be at least close to ok.



I've seen people make these claims countless times and they are false. Multi-tabling means you reach the long run quicker. It doesn't increase variance or swings. For example the OP said they went broke at 2 tables and tripled up at the other. If they had single tabled it most likely would have been:

1st session: bust
2nd session: bust
3rd session: triple up

Multi-tabling simply makes the long run come faster.

BUT if the OP is semi-new to poker, I would definitely not multi-table, because it will decrease your win-rate, and perhaps that's what philthy was getting at, because you will have a better winrate at a single table than at multiple tables. It is profitable though because you are playing more hands and this means as long as the winrate is not cut by the amount of tables you have (ie if you're 4-tabling as long as you have better than 1/4 of your winrate) then it is profitable.

But playing multiple tables at one time does not change the variance, in fact in a certain time frame it DECREASES the variance. Does everyone not agree that over 50,000 hands they're less likely to be down if they're a winning player than over 1,000 hands? Over the only thing that matters though, number of hands, the variance doesn't change. Since the variance doesn't change based on number of hands, the chance of busting does not change (besides the fact that if you play significantly worse you have a higher chance of busting).

Sorry, but this is absolutely horrible advice. If Phil Ivey sat at the $20 sngs with a $50 BR he would probably go broke at least 30% of the time. You want to build a BR so that eventually you could be at those levels, but unless you want to bust, or unless this is just spare money that is easily replaceable, don't follow this advice.

Not trying to ruffle any feathers but this guy seems like one big oximoron. 5% rule but multi-tabling, grinding it out but wants to earn a bank roll fast...I don't understand this guy