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  Poker - Deposited 50$ 2 weeks ago.
 
  #1  
05-10-2007, 8:56 PM
trbsht
New Member
 
Posts: 11
Deposited 50$ 2 weeks ago.

Hello, I deposited 50$ into absolute poker 2 weeks ago and have turned a 1000$ profit. I have some questions.
I think I am doing good but what next I mean should I just keep grinding the 1/2, 3/6 limit tables like I have been or should I start thinking of bigger games I don't want to risk my bankroll on a nl game I am happy with my progression but would like to see a daily earnings of 200-500$ in the next several months.
Any comments will be appreciated , thanks.
 

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  #2  
05-10-2007, 9:02 PM
premierplayer
CardsChat Regular
 
Location: USA
Plays at: pokerstars
Likes: NL Holdem
Posts: 477
1,000 isnt enough for 1/2 3/6 limit to cover variance.
  #3  
05-10-2007, 9:07 PM
combuboom
it's a brand new era
 
Location: Florida
Plays at: Full Tilt
Likes: NL Hold 'em
Posts: 4,148
the games you're playing now are already too big for your roll, so surely don't move up. clearly you're running hot right now.. don't be shocked if things turn around and you go busto at that rate

what's your poker background prior to this deposit? have you devoured any poker books? not to offend, just telling it straight: based on this post there's about a 90% chance you don't know what you're doing and are headed for disappointment.. you've been on a heater and your future expectations are wildly unrealistic
  #4  
05-10-2007, 9:08 PM
dwbrown7680
CardsChat Regular
 
Location: Cherry Point, NC
Plays at: PokerStars
Likes: Anything
Posts: 330
BOOM!
  #5  
05-10-2007, 9:08 PM
ChuckTs
whitebread
 
Location: lopping off my C-game
Posts: 11,485
BANKROLL MANAGEMENT!!!

The standard for limit poker is that you should have 300 big bets, so at 1/2 LHE, you should have 2*300 = 600. At 3/6 you should have 6*300 = 1800.

If you feel like losing your bankroll (regardless how well you're playing or think you're playing), then keep playing 3/6.
  #6  
05-10-2007, 9:25 PM
Tigersmith
Expert Member
 
Location: Massachusetts
Plays at: Pokerstars
Likes: NL Holdem
Posts: 269
wow, i love these people who have 1 post and say they turned 50 dollars into 1000. then going to play 3/6 cash good stuff
  #7  
05-10-2007, 10:25 PM
trbsht
New Member
 
Posts: 11
I am new to forum not to poker

Hmmmmmm.... I've been playing 3/6 at casinos for a year now and have had very few losing sessions I never put more than 200$ on the table. I consider myself to be a good player I can pick off bluffs and give them with a good success rate, and I laugh when I hear people say it is impossible to bluff at 3/6.
Tell me how in the hell is a bankroll of 1800 gonna keep you from going bust in limit games, in nl I can see how it could but if you get down so much in a session on 3/6 limit you best give up poker.
Because it's my first post I get flamed.

Say you get down 1700 on that bankroll how are you ever going to get back with 100, if you lose 1700$ on 3/6 you should't be playing it in the first place.

Thanks for flaming me guys I suppose all you guys are tourney winners looking to put down a begginner internet player.
  #8  
05-10-2007, 10:37 PM
ChuckTs
whitebread
 
Location: lopping off my C-game
Posts: 11,485
You're taking it all wrong, my friend. I can only really speak for myself, but we're only replying because we want to help. I wouldn't have replied if I didn't want you to save your bankroll.

The reason you should be playing with a certain amount with respect to the stakes you play is because of variance.

Would you rather run your AA vs KK one time for $1000, or would you rather run AA vs KK one thousand times for $1? Regardless how good you are, you're going to run into bad beats and there's no avoiding it. The smaller the % of your bankroll you play with, the safer you are. In order to play 3/6 safely, and within your bankroll limits, you have to have around 1800 to back you.

There's nothing wrong with playing 3/6 with $1000, it's just that you're more likely to lose it due to variance.
  #9  
05-10-2007, 10:39 PM
madcham
Junior Member
 
Location: Tampa
Plays at: Fulltilt
Likes: holdem
Posts: 39
Quote:
Originally Posted by ChuckTs
BANKROLL MANAGEMENT!!!

The standard for limit poker is that you should have 300 big bets, so at 1/2 LHE, you should have 2*300 = 600. At 3/6 you should have 6*300 = 1800.

If you feel like losing your bankroll (regardless how well you're playing or think you're playing), then keep playing 3/6.
That's a helpful suggestion. Chuck, what would the formula be for NL?
  #10  
05-10-2007, 11:08 PM
ChuckTs
whitebread
 
Location: lopping off my C-game
Posts: 11,485
It's slightly different for NL: never having more than %5 of your bankroll at one table/tourney at one time is the standard, but the smaller the % the safer. I play with ~%3 most of the time.
  #11  
06-10-2007, 2:04 AM
combuboom
it's a brand new era
 
Location: Florida
Plays at: Full Tilt
Likes: NL Hold 'em
Posts: 4,148
Quote:
Originally Posted by trbsht
Say you get down 1700 on that bankroll how are you ever going to get back with 100, if you lose 1700$ on 3/6 you should't be playing it in the first place.
dude, please just quit talking when you don't know what you're talking about. between that and saying you expect to make $200-$500 a day, you really show that you haven't yet got a grip on poker and the variance involved. do you have any idea how many players far better than you have lost $2000+ straight playing 3/6? even a remote clue? you haven't experienced the truly harsh side of variance, and you won't appreciate it until you do. we're just trying to preserve your bankroll. given your background, you're really far from being ready for this
  #12  
06-10-2007, 2:10 AM
tenbob
Dead Man
 
Location: The high sea's
Plays at: pokerstars
Likes: Holdem
Posts: 5,526
OP, Please listen to the advise that your being given here. Your certainly not being flamed, and your getting some nice advise from some of the most experienced players on this site. Playing live and online are 2 totally different beasts, ill take a much higher proportion of my BR to a live game than an online game. Its slower, you have more time, and in general the play is much worse.

Chuck has really been through the wars in this aspect, listen and respect his advise.
  #13  
06-10-2007, 2:26 AM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
Plays at: Pokerstars
Likes: NL Hold 'em
Posts: 5,277
Quote:
Originally Posted by tenbob
OP, Please listen to the advise that your being given here. Your certainly not being flamed, and your getting some nice advise from some of the most experienced players on this site. Playing live and online are 2 totally different beasts, ill take a much higher proportion of my BR to a live game than an online game. Its slower, you have more time, and in general the play is much worse.

Chuck has really been through the wars in this aspect, listen and respect his advise.
Wait, live games are generally worse than online games in terms of quality? Are you referring to casinos or just home games with beginners playing? I was of the impression that competition in casino games was much better than in online games. Am I mistaken?
  #14  
06-10-2007, 4:19 AM
pigpen02
CardsChat Elite
 
Location: Albany, Georgia
Plays at: FTP & PS
Likes: holdem
Posts: 2,897
Quote:
Originally Posted by trbsht
Any comments will be appreciated , thanks.
Quote:
Originally Posted by trbsht
Thanks for flaming me guys I suppose all you guys are tourney winners looking to put down a begginner internet player.
You asked for comments. You got comments. If your mind was already made up, don't ask.
  #15  
06-10-2007, 7:15 AM
reglardave
CardsChat Elite
 
Location: Illinois
Plays at: pokerstars
Likes: Horse
Posts: 2,278
Quote:
Originally Posted by pigpen02
You asked for comments. You got comments. If your mind was already made up, don't ask.
^^this.

You got the besr advice available from several of the best poker minds I know of, and you think you're being flamed?

For the record, Annie Duke suggests never risking more than 30BB at any one table at any one time.* Howard Lederer says 25, or 5^ of your BR.* That's at limit tables. Surely you don't think they're flaming you,too?

*Annie Duke-Masters of Poker- How to Beat the Big Boys
*Howard Lederer- Secrets of Limit Holdem.

You don't have to take my word for it; there's the references, look em up for yourself.
  #16  
06-10-2007, 7:20 AM
Flops'm&Bets'm
CardsChat Regular
 
Location: Canada
Plays at: Pokerstars
Likes: Holdem&Omaha
Posts: 370
3 words ...

CA$H IT OUT....(and play somewhere else??)

Does the song take the money and run play in your head??

wOOt, wOOt, wooo!
  #17  
06-10-2007, 9:52 AM
gahdoh
Junior Member
 
Location: San Diego
Plays at: Bodog.com
Likes: Hold'em
Posts: 45
Quote:
Originally Posted by zachvac
Wait, live games are generally worse than online games in terms of quality? Are you referring to casinos or just home games with beginners playing? I was of the impression that competition in casino games was much better than in online games. Am I mistaken?
I play online and at the local card room/casino (lucky lady's / vejas casino) and I'd say playing live at a casino during prime time nights like Friday/Saturday is by far the easiest in the low limits. There are a lot of players there just to blow 100-300 bucks on the experience and have no expectation to actually win. If you can find these players and single them out, they usually oblige with handing you their whole stack of chips.

Online and dedicated card rooms rate about equal at the 1/2 to 2/5 limits from my experience. Perhaps harder competition online depending on the site since a lot of players MTT for a living.

Just my humble opinion.

PS> to the OP: You may be running hot over the past week/month, but ignoring BR management is a serious mistake a lot of new players make. I made the same mistake when I first started by playing in games my BR clearly was not sufficient. Listen to ChuckTs, his advice will save you a pretty penny in the long run.
 


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