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Poker - My revalation: WoW, what was I thinking.
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#1
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My revalation: WoW, what was I thinking.
I started playing online poker at the beginning of the year and pretty much played low limit the entire time, after three months I had 100 bucks in winnings and deposited it and had my original money left in my account. Tonight I decided that if I play $1/$2 in real life why cant I at least play .25/.50 in online, after one night my bankroll started at 70 and is up to $250. Why didnt I start playing higher stakes games a long time ago
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#4
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Lower level buy-in to increase your BR then move up limits, using proper BRM should have you increasing your BR at a steady pace while having a cushion for the downswing(which will happen). |
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#5
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yea in all actuality .10/.25 sounds like a joke online and u probably wouldnt play it live, but theres reasons people play those levels, and it definitely has a lot to do with variance...stick to the lower levels, until you build your br, and dont withdraw all the time lol.
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#6
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In my (granted limited) experience, I have found that playing lower limits like that online is perfectly fine. This is because I can play more than one table. So 4 tables $.25 online is like $1 in real life. I do know that I dont win as much in each pot because it is split up, BUT I dont lose as much in each pot either! =p
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#8
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Thats exactly how mine is!! |
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#10
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#16
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If you play good poker you nullify your bad beats because your free rolling with money you have won. |
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#19
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#21
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You are very naive. You must use proper bankroll management, because even the most skilled players can lose said 11 buy-ins in 2 days, even when they play perfect poker.
I highly doubt you are playing perfect poker. Variance is not a myth, and you will go busto sooner or later, no matter how well you are playing, or think you are playing. |
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#22
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Catching cards and getting hot are myths, 72 can be just as good as AK if you play it right. |
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#24
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If you play 25/50c ($50 max) and have a BR of $255, that would be 5 BIs. I'll stick with the under (a week from my post) if you're playing $50max with a $255 BR. |
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#25
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I have gone broke playing too high even though I had a great advatage over most of the players. You might be able to hold it for a while, but variance will eat you alive at some point. You've been warned.
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#26
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I would also like to add something here.
Do you think we are making this bankroll management thing up? Do you think the Chris Ferguson Challenge was only a FTP publicity stunt? Why do you think we are warning you about this? |
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#29
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#32
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I used to have this same mindset until I discovered this website. For example I had a huge run in January. Sent about 350 to my friends in exchange for cash and then lost my bankroll playing 100NL buying in short. Played my fpps and actually got lucky again and brought my bankroll back up to ~300 area but I did not learn the first time. Broke again. Since the beginning of April I have been using BRM. Its the best thing that could of ever happened to me. Now I am consistently building a bankroll and moving up the ladder playing .02/.05. Now I am amble to just say it happens when I get a bad beat instead of just tilting the rest of my BR away.
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#33
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Haven't chuckled at a thread like this in a while. Cashin, it would be wise to listen to the YEARS of experience of CC members. But I love your bravado man, and there is SOME credence to the theory that if the 1/2 games are weak and easy to win during local poker room trips (like mine!) that you can compete competently at online games of .50/1 or even 1/2.
The problem is bankroll management ... when you go to the casino you'll take 100 or 200 or more with you, right? But you can always get more money from the ATM, or come back when you get paid. So your "actual live poker bankroll" is some unknown number that you can guess. No matter who you are, or how good you are, you will have downswings. It happens to the top pros, and the online pros, and superplayers here on CC. How do we know? We track all their damn stats and analyze them! It happens, so prepare for it. Now the question as to "how many buyins?" , you can find MANY threads on that topic. It matters how many tables you play at once too. But if you continue to see your BR go up and up you are definitely playing at the right level. |
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#35
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I hate to brag, maybe someone should move it to another thread but just to show everyone what I have been doing.
50NL - one table, no multitabling 4/9/08 - $70.00 deposit - Total Bankroll = $70.00 4/22/08 - Current Bankroll = $1,035.11 $965.11 in less than 2 weeks, am I really having this big of an upswing and am I just a few hands away from having a huge downswing or can I expect to have profits like this all the time? I almost made as much as my mom these past two weeks! haha |
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