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  Poker - Trouble moving up in stakes
 
  #36  
15-09-2008, 11:09 PM
KingCurtis
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imo dont move up.....keep getting better and get more and more experience in. If you keep trying you'll go deep in an mtt and eventually be rolled for much higher...then youll feeel safe to play the 5$ mtts and 9$ sngs

edit: this does not mean that I dont think youre good enough to move up, just means you'll feel more comfortable
 

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  #37  
15-09-2008, 11:24 PM
wooo
Amateur Member
 
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Posts: 63
i am a bankroll dude
ive got $500 now from nothing
but its over a few sites
however the best site i have $130
now what i do is no more than 1% on any game so $1.30 is my limet at the monent at that site
now say i play a game and win $20
i may put say $9 to bankroll
and use $11 on a buyin just for fun
it allows me to try a bigger level and grow my bankroll
but it is still hard to do as i want $20 to go bankroll
its dos allow me play in bigger games and if i was to place it brakes the mental block and allows me to move forward
and if i do place i can do the same again
say i get $60 from from that well $38 to bankroll and $22 for whatever
  #38  
16-09-2008, 12:10 AM
mvelas
Amateur Member
 
Plays at: Full Tilt
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Posts: 60
my suggestion: just try it, another thing, try playin steps GL
  #39  
16-09-2008, 1:50 AM
philthy
Ban Worthy
 
Posts: 3,739
Quote:
Originally Posted by KingCurtis
imo dont move up.....keep getting better and get more and more experience in. If you keep trying you'll go deep in an mtt and eventually be rolled for much higher...then youll feeel safe to play the 5$ mtts and 9$ sngs

edit: You Suck
FYP, homeboy. LOL.

Hmmm, now that I've read this. Maybe I should start the cash-grind at 2nl and work my way up? That'll give me the Ring game experience while providing me enough to play MTTs with. I can also MT the 2nl games as well.
  #40  
16-09-2008, 5:35 AM
cAPSLOCK
CardsChat Regular
 
Location: Dallas
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Yes Philthy! Come over to the dark side! You are gonna like a little ring style monies.

You can always go splash around in the touneys with all the cash winnings you make!
  #41  
16-09-2008, 5:38 AM
Jabbie1
Junior Member
 
Posts: 22
dont move up till your winning simple
  #42  
16-09-2008, 7:08 AM
Lemlywinks
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Location: Memphis, Tn
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If you don't feel comfortable with max buy-in for 5nl you should just buy in with half the amount. I buy in with $5 and never feel uncomfortable. Also, there is some decent money (by my standards ) in 2/5.

Hell I'm up $60 in the last week or so and I know for a fact you are better than I. Give it a go
  #43  
16-09-2008, 2:42 PM
Double-A
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Location: Cocoa Beach
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Quote:
Originally Posted by philthy
This is going to seem very silly to some people...And I feel very foolish that this is an issue for me.

I don't want to think that I'm only "good" enough to play micro-limits, but if thats all I am good for I should get used to it.

So, how would one overcome this? Has anyone ever gone through this or feels similar?
Couple three questions?

1) Are you a winning player? (Meaning: Do you have records that show your play to be profitable over 10K hands or more???)

2) Are you financially secure? (Meaning: Are you out of debt with 3-6 months living exspenses tucked away???)

3) Are you properly banked? (Meaning: Have you calculated YOUR variance and how big YOUR bankroll needs to be? A formula that you got out of a book or off the internet doesn't count.)

Any player who can answer yes to these three questions and still not want to move up is just being silly.
  #44  
16-09-2008, 3:23 PM
D'wilius
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Quote:
Originally Posted by D'wilius
My worst downswings are 10-12 buyins sng/mtt and 5-6 ring
Forget moving up, maybe I'll have my first real downswing . I'm down 5 buyins since deciding to play more. A few standard beats, a couple mistakes and then last two were all in on turn 2-out rivers. Let's try this again.

Last edited by D'wilius : 16-09-2008 at 3:28 PM.
  #45  
16-09-2008, 3:40 PM
KingCurtis
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Quote:
Originally Posted by philthy
FYP, homeboy. LOL.

Hmmm, now that I've read this I really don't suck, I'm just too modest to let everyone know I'm a pro. Maybe I should start the cash-grind at 2nl and work my way up? That'll give me the Ring game experience while providing me enough to play MTTs with. I can also MT the 2nl games as well.
FYP
  #46  
16-09-2008, 5:50 PM
philthy
Ban Worthy
 
Posts: 3,739
Quote:
Originally Posted by KingCurtis
I suck at lying. LOLz
QFT.
  #47  
16-09-2008, 5:58 PM
philthy
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Posts: 3,739
Quote:
Originally Posted by Double-A
Couple three questions?

1) Are you a winning player? (Meaning: Do you have records that show your play to be profitable over 10K hands or more???)
...I dont have 10K hands in ring games under my belt in ring games because I've strictly an SNG and MTT player. I believe, looking at my overall OPR and SS stats, I'm up. I dont use PT, HEM, or anything to keep track of my stats or anything.

2) Are you financially secure? (Meaning: Are you out of debt with 3-6 months living exspenses tucked away???)
...I'm financially secure to play the micro-limits. I'm not planning on moving up to 100nl or anything like that. I'm not looking for a big jump in games, just the next level up. I have money to take care of my bills and everything and the money in my account is for that, just like the money in my poker account is just for my online games.


3) Are you properly banked? (Meaning: Have you calculated YOUR variance and how big YOUR bankroll needs to be? A formula that you got out of a book or off the internet doesn't count.)
...No, I haven't. Im not sure exactly where I would obtain this information, either.

Any player who can answer yes to these three questions and still not want to move up is just being silly.
...Its not a matter of me wanting or not wanting to move up, its just how do I know if I'm ready to move up? Maybe I'm not and should just stick with the micros or maybe I am and I'm not giving myself enough credit? I'm not sure. Maybe its not so bad to stick my comfort zone and play the microstakes because I'm nothing more than a casual player.
...Above.
  #48  
16-09-2008, 7:06 PM
ajrobin
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Location: UK
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Play a shortish (30-45mins) session at 5nl and send all the HHs to a cash player willing to look over your hands and give you feedback. That way youll get a more insightful opinion on whether your ready to move up and advice on how to imrpove your game. If you cant find any of the resident Ring Game HA crew (you know who you are!) to look over your hands id be willing to do it.
  #49  
16-09-2008, 7:09 PM
philthy
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Posts: 3,739
Sounds like a good idea, but I'll be starting with 2nl instead of 5nl.

I'll be playing straight forward, ABC tight-aggressive poker at these tables and will be keeping track of progress on a spreadsheet.
  #50  
16-09-2008, 7:22 PM
WVHillbilly
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Location: Almost Heaven
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Quote:
Originally Posted by philthy
Sounds like a good idea, but I'll be starting with 2nl instead of 5nl.

I'll be playing straight forward, ABC tight-aggressive poker at these tables and will be keeping track of progress on the free demo of PT or HEM.
FYP
  #51  
16-09-2008, 9:50 PM
Double-A
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Philthy, A winning player who has no money problems should play at the highest level that they are properly bankrolled for. As someone else pointed out, to do anything else is a disservice (sp?).

If you don't know how much you're beating your current level of play for (ROI, BB per hour, $ per hour, % ITM, whatever) then you should spend time figuring that out before you move up. KEEP RECORDS!

If you don't understand variance, how to calculate it, or how it can be used to help determine bankroll sizes for gambling games then you should take this opportunity to learn more about game theory before you move up.

It's not about "being ready" in any other sense than, are you a winning player and do you have the money to play?

I feel like I've been dishing out tough love!
  #52  
16-09-2008, 10:51 PM
Richyl2008
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If your looking to improve I think having a database such as PT or Holdem manager can be very beneficial as was stated before.
  #53  
16-09-2008, 11:11 PM
Richyl2008
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Quote:
Originally Posted by ajrobin
Play a shortish (30-45mins) session at 5nl and send all the HHs to a cash player willing to look over your hands and give you feedback. That way youll get a more insightful opinion on whether your ready to move up and advice on how to imrpove your game. If you cant find any of the resident Ring Game HA crew (you know who you are!) to look over your hands id be willing to do it.

Would anyone be interested in getting people to pair up for some session reviews?
  #54  
17-09-2008, 7:20 PM
philthy
Ban Worthy
 
Posts: 3,739
Quote:
Originally Posted by rugby0
Never invest more than 10% of your bankroll in a single game.
Thank you. This is the best advice I've read in this thread and just basically ties up everything I'm having trouble with. Just a single sentence and all my worries have just disappeared.

Well, I've decided that I will start with 2nl and work my way up. I may be over-rolled for it, but I would rather start at the bottom and feel confident in my game before moving rather than starting at a higher level and worrying if I am able to beat it or not.

I dont have have PT or HEM, but will be tracking my games on a spreadsheet. It wont be as detailed, but I will keeping track of how many games I play, Buy-ins, Cash-outs, total profits, and # of hands.

Would 10K hands played be enough to determine if I am able to beat 2nl or should I aim for more like 30K-50K hands? I'm sure the more hands I have played, the more accurate account but what is the min-amount I should play before I figure out my BB/100?
  #55  
17-09-2008, 9:51 PM
feitr
CardsChat Elite
 
Posts: 1,035
10k hands won't give you anything like your true winrate, but it is a start at least. Over my last 1 1/2 months, i ran at >10BB/100 for my first 20k hands, and for the next 30k hands i ran at almost 20 buy ins below EV and just broke even during that stretch. Over my last 2 weeks i've had 10k hands where i am up ~$1100 even tho i still ran at over $600 below all in EV during that period. Long drawn out point being that you probably need in the region of 100k hands to have somewhat of a true approximation of your win rate, because you can see sick differences over stretches as "long" as 30k hands etc. But, unless you run really bad/good during a 15k stretch you probably should know whether or not you are a winning player at least.

I don't see why things like whether you have living expenses matter at all in this situation to whoever said that. I'm presuming that $300 probably isn't that big of a deal to philthy in the big picture, so whatever. For me at least, i keep poker money and real money COMPLETELY separate, except when i withdraw money out of my account into my main bank account and then it becomes real money and no longer able to be used for poker. So in that sense, if i lose $120 in a hand i don't start thinking "crap just lost a textbook" or stupid crap like that. I think the only problem becomes when somebody is playing poker stakes that are completely disproportionate to their living situation (struggle to make rent, but play nl1k or something) and obviously that isn't the case here.

On another note, get the free trial of pokertracker or HEM (use both one after another...gives you 2 1/2 months). You ABSOLUTELY MUST HAVE THESE for cash games, so this gives you 2 1/2 months whereby you can get your bankroll at a stage that you can afford the $80 to buy them when the trials run out.

I'd advise you to play 2nl for a week or so just so you can get into the hang of cash play (playing deeper stacked and whatnot). Then unless you have lost money during this period, move up to 5nl and give it a go. Once you have ~10k hands, post your pokertracker/HEM stats and somebody will be able to point out big leaks if you have any (stats approximate after a much smaller sample than does BB/100).
  #56  
17-09-2008, 10:32 PM
WVHillbilly
Senior Azzhole
 
Location: Almost Heaven
Plays at: Full Tilt
Posts: 2,700
Quote:
Originally Posted by philthy
Thank you. This is the best advice I've read in this thread and just basically ties up everything I'm having trouble with. Just a single sentence and all my worries have just disappeared.

Well, I've decided that I will start with 2nl and work my way up. I may be over-rolled for it, but I would rather start at the bottom and feel confident in my game before moving rather than starting at a higher level and worrying if I am able to beat it or not.

I dont have have Poker Tracker or HEM, but will be tracking my games on a spreadsheet. It wont be as detailed, but I will keeping track of how many games I play, Buy-ins, Cash-outs, total profits, and # of hands.

Would 10K hands played be enough to determine if I am able to beat 2nl or should I aim for more like 30K-50K hands? I'm sure the more hands I have played, the more accurate account but what is the min-amount I should play before I figure out my BB/100?
Forget the spreadsheet and download PT and/or HEM. There is no excuse for not using these tools. The fact that PT is free for 60 days will at the very least allow you to keep accurate stats on your own game. The info that they can provide on your opponents is a gold mine as well.
  #57  
18-09-2008, 12:02 PM
Double-A
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Quote:
Originally Posted by feitr
I don't see why things like whether you have living expenses matter at all in this situation to whoever said that. I'm presuming that $300 probably isn't that big of a deal to philthy in the big picture, so whatever. For me at least, i keep poker money and real money COMPLETELY separate, except when i withdraw money out of my account into my main bank account and then it becomes real money and no longer able to be used for poker. So in that sense, if i lose $120 in a hand i don't start thinking "crap just lost a textbook" or stupid crap like that. I think the only problem becomes when somebody is playing poker stakes that are completely disproportionate to their living situation (struggle to make rent, but play nl1k or something) and obviously that isn't the case here.


Having 3-6 months of living exspenses (or more) in reserve is good for anybody. It's especially good for poker players who are trying to build or maintain a bankroll.

This reserve can keep you from going broke due to unexpected exspenses. Things like car repairs, losing your job, medical bills, etc...

How pointless is it to spend a month grinding out enough winnings to move up a level only to have your entire bankroll get eaten when your water pump blows?

Money is money. The money you win playing poker spends the same as the money you make as a dental assistant, janitor, congressman, or whatever...
If you don't feel that way then transfer $100 to my Pokerstars account and I'll mail you $50 in real money.
  #58  
18-09-2008, 12:11 PM
tenbob
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Philthy, play a thousand hands or so on nl$2. Then get your ass in gear and do a sweat session with one of the more experienced ring game players here, im sure there is a few of us that wouldnt mind doing it for an hour or so.
  #59  
18-09-2008, 4:07 PM
feitr
CardsChat Elite
 
Posts: 1,035
Quote:
Originally Posted by Double-A
Having 3-6 months of living exspenses (or more) in reserve is good for anybody. It's especially good for poker players who are trying to build or maintain a bankroll.

This reserve can keep you from going broke due to unexpected exspenses. Things like car repairs, losing your job, medical bills, etc...

How pointless is it to spend a month grinding out enough winnings to move up a level only to have your entire bankroll get eaten when your water pump blows?

Money is money. The money you win playing poker spends the same as the money you make as a dental assistant, janitor, congressman, or whatever...
If you don't feel that way then transfer $100 to my Pokerstars account and I'll mail you $50 in real money.
That really doesn't make sense. There is a huge difference between going pro, where ofc you need alot of money behind you to be able to withstand rough patches, and between having a primary source of income and playing poker recreationally. Sure if you are struggling to make rent on a month by month basis, then maybe playing poker isn't for you, but 3-6 months, when we are talking about an amount as small as $300 is rather excessive. For most people, having a little cash in a poker account isn't going to affect their bill payment too much.

And yes money is money, but i think it is important to make a distinction between the two (although also very important not to lose site of the fact that you are playing with very real tangible money). The way that I look at it is that over the long run i will make money playing poker, and so if i lose what i consider to be a big amount in a day, i don't have to look at that and say "shit i just lost a tv" or whatever, because it is long term that matters. I'd spend some time thinking about making a purchase of say $300, but i also realise that i could certainly lose that amount or more in a given day playing poker, and that is something you have to accept. Otherwise you would literally drive yourself insane at times. That is what i mean by making a distinction between "poker money" and "real money".

That said, i have no dependents, plenty of liquid assets behind me, and i live in a place where living costs are quite high, and so $300 is probably alot less to me than to others. But again, we are talking about somebody moving up to like 5nl not 200nl, so living expenses really are not much of a concern at all.
  #60  
19-09-2008, 2:35 PM
Double-A
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Quote:
Originally Posted by feitr
That really doesn't make sense. There is a huge difference between going pro, where ofc you need alot of money behind you to be able to withstand rough patches, and between having a primary source of income and playing poker recreationally. Sure if you are struggling to make rent on a month by month basis, then maybe playing poker isn't for you, but 3-6 months, when we are talking about an amount as small as $300 is rather excessive. For most people, having a little cash in a poker account isn't going to affect their bill payment too much.
Are you saying that having a savings account for unexpected exspenses doesn't make sense? Or, are you saying that needing a savings account to play micro-stakes poker doesn't make sense? I'm not sure what you're saying.

What doesn't make sense to me is sweating out a bankroll that can be wiped out when you have to put new tires on the car.
 



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