Building a BankRoll with $50 Starting capital

Hey guys, well I was inspired by the guy who started his bank roll with $3, although Ill have a bit of a head start starting with $50, its more or less the same.

At the end of each day I will post my results here.

Starting capital = $50

Current Balance = $70.20

This is my 4th attempt at poker, my first three times I was a total fish, didnt know what to do, and went broke asap.

Now after some reading, I think I have some decent BankRoll Management.
Im only playing 9-man SNG's atm, when I went broke the first 3 times, I was playing cash tables, so Im staying away from them.

What limit are you playing at and what site are you playing on?

^^^^^ this?

And good luck with it.

I was just a bit curious. You hardly wanna be playing cash on FT with only a $50 roll.

No worries, I wasn't questioning u m8, just wondered myself what limits he playing.

Good luck building that bankroll. At what point will you pull out some cash?

I think it's real smart to play sit-n-go's.I would also consider playing 2-5$ MTT Tournies.They have good payouts for the right one's and are a nice way to increase your Bankroll.I would stay away from cash tables like the plague.You can last for a long time playing MTT or SNG.Good luck and hope to hear/read some good news.

I disagree with this. The idea of playing an MTT with 7% of your bankroll in play? That's a sure fire way of a bankroll killer. You're better off just playing in the $1 MTTs and the $2 Full Ring SnGs, killing the Low Limit SnGs isn't hard with patience and decent bubble strategy. But all that comes with PRACTICE and there's no way of practicing by busting your bankroll trying to jump up. What's the saying? "Poker is a marathon not a sprint"

Oh no worries Jag, i've just had bad experiences in other forums

BTW Jag, I read you're blog. VEERRRRY good read whilst i'm sitting here at work

good luck.

I had an initial of $50 and lost it in about two weeks (I got 2,500 hands with it). I had never played serious poker before so I learned a hell of a lot from that $50.

I put in another $50, with a strict set of guidelines (what games I would play, mantras I would repeat if I won/lost, etc.). And so far I am up $20 in a week ($10 from a satellite seat I sold for $T).

My 2 biggest lessons I learned:

A) I lose big after I win. I think I get a mindset that I'm invincible and tend to play more marginal hands after a victory. To counter this I set a rule that I must take a small break after winning 35% of my buy-in.

B) I make too many calls with hands that I know are beat. I'm still working hard on this one.......

Starting with 50$ is a lot easier than starting with a freeroll win like 1 or 2$, but proper BRM should be strictly followed. There are plenty of threads on this which I'm sure you've read. If you're really scared of cash games, stay out of them for now. Read-up on SNG strategy and stick to 1-2$ games until you have over 100$. Find the game you consistently win at and stick to it for awhile. This is the discipline test, not moving up limits when you think you're whooping the micro limits, stick to the micros if youre winning!

play limit

dont try to move up for a long while

read as much as you can

always watch the play, even when your not in the hand

watch your position, dont play many hands early position

watch who is raising you

and if your not happy or losing just leave plenty of other tables

Thank you kind sir

great advice..

and alll u need is patience...use proper bankroll managment. if u have 50 dont spend more then 5 bucks on one game

Hey dude, glad your motivated. My only suggestions are patients, MINDSET and, @ $70 BR, you CAN play $3.4 SNG's. Thats about 25 buy ins. That way, you can lose 6 in a row, but if you win the 7th, you almost break even. Since you've had good progress so far, I don't really see that happening unless you lose your kool.

However, if you like the $1 MTT SNGs, then keep doing what works. If it ain't broke, don't fix it bro.

Good luck man, stick to your game plan and you WILL be fine!

Starting from $50 can be done.
I started with $50 and I've progressed up to $50NL.
I think Zachvac started with a $100 deposit and he's playing $200NL now.

I think daily posts might not be optimal. This is *not* about daily results. Results are by nature swingy and it'll be frustrating if you think of it that way.
Of course... I used to keep daily tallies of my results, so who am I to advise against it?

This is def possible.

I started with 50 3 months ago. Logged about 80k hands since then and im sitting at 450ish now. It can be done with discipline, just play in your limits, grind it up, and dont be afraid to step back down a level when you need to.

Hey guys, well, I have played 3 x $2 SNGs, and have finished on the bubble on all three, first one I had my Aces cracked all in pre-flop.

This was before I went to polytech, had a really shit day, came home and played two more SNGs, as per above, finished on the bubble, playing I was playing like a donk, so yeah.

Current BR: $63.55

Will play again in a few hours, hopefully Ill have my A game on. Have just got Poker tracker 3, dont know how to use it, but when I find out, Ill post some stats to show you guys.

Another Update:

I had lost 3 $2 SNGs since my last post, but on my fourth, I won

Current BankRoll: $65.80

Nice one. Have you got PT3 working ok now?

hehe nice one. Shame about bubbling twice. What did you go out on?

I just want to say good luck. I think you would be smart to avoid MTTs right now. Sitngos won't make you rich but they will make you money. I like the 9 player ones myself.

Hey guys, well its the end of the night for me, so heres my results:

Current BankRoll: $72.45

Also, heres so stats I manage to get from PT3:



Not to bad, after all the losses I had earlier on, Im glad I made even, with a little more.

I used to turn 50 dollars into about 250 within 5 hours. Then lose it all within 5 days because i didnt follow br management a lot of the time.

seems growing to me, just keep it the same way

Yeah, I keep daily results (I can't help it, I'm practically obsessive-compulsive), and yesterday I happened to have my first losing day in cash games. I came out ahead for the day because of a tourney, but it was still quite discouraging. I do better when I don't worry about the money and whether I'm up or down--I'd imagine that applies to others as well. gl, btw

How about when your feeling lucky, hot and focused?

you certainly haven't got enough at the moment a run of good starting hands but missing on the flop and you could (will) see your money vanish?

you say dime games? are these mtt or sng's or blinds ? if you meant sng's nothing wrong with moving up and having a look? if you are not happy you can always drop back down

Update since last post:



Current BankRoll: $78.30

Update since last post:



Current BankRoll: $93.15

started with 50 dollars about 4 months ago just playing sit n gos. played it up to over 1500 now. in the 9 man sit n gos, just stay patience and try your best to get your money in best but the key is definetly patience. There not hard to beat really. Also, try the 45 man sit n gos on full tilt. great value and plenty of fishy in the opening stages.......

Yeah, I have found that you need major patience with these sngs, I will stay at $2 18 man SNG as these are the easiest I feel, I might move up to $3 when my bankroll is above $100-110, Im just reading some blogs and tips for SNG's atm, try and fill some leaks I have.

There is a luck factor to SNGs I feel too, especially with all the maniacs they magically hit the runners. But most of all, its all about survival to the top 3-4 spots.

at bubble time even the craziest of fish often tighten up. use this to your advantage at this stage especially if you have maintained a tight image. people will often give you credit for a hand. I play 30-50$ sit n gos now and it works well. i dont know about 2$ ones though. opponents dont seem to care about image or anything like that at those stakes. gl with your bankroll and be patience!!!

Update Since last post:



Current BankRoll: $131.85

If you havent read my above posts, I play $2 SNGs at FullTilt, and started playing with $50.

ps. At what BR should I move up to $5 SNGs?

good luck ur almost tripled