What stakes should I play at with a $2000 BR?

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TSLexi

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Hi guys,

I've decided to play poker as a profession. I have a $2000 bankroll, and I've got a few months living expenses saved up (I live with a friend who only charges me $200/month for rent), and I plan on cashing out half of my per session winnings.

I plan to play limit because of the reasons stated here: http://poker.wikia.com/wiki/Limit_versus_no-limit_hold_'em

Since I need at least 300 bb to survive variance, I plan to play $3/$6 stakes, and go higher after my bankroll grows. I may switch to no-limit once my bankroll grows larger, if my risk tolerance changes significantly.

I absolutely hate being forced out of a pot in no-limit because a whale decides to go all-in, and then I find out they have garbage cards. So infuriating.

Also, I'm located in the USA. What online cardroom do you recommend, and I'm thinking of downloading Poker Tracker, should I? Any CPAs you recommend?

And at least professional poker playing is better than my former job of securities trading, because you can't lose more than your bankroll! Not that it ever happened to me, but still...honestly to me securities trading is a lot more like gambling, because you're effectively playing against a weighted RNG trading stocks and options.

Thanks for the help,
Lexi
 
tenbob

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I really do not know where to start. Your post is so full of wrong , it makes me think you only have a very basic knowledge of how poker works , there is no easy money .

Yea, get a 30 day trial of pt4 , play 30 days of any limit game you can find, the lower the better, and once you can beat that limit move up. Cash out after every 30,000 hands or so , not after every session . Brm in a no limit game should mean you welcome whales, and good luck finding a 3/6 game on any site that is not infested with rake back regs , and if you don't know what this is, then learn.

Good luck though, I really hope you make it !
 
123andyp123

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I think you may wanna try poker as a hobby for a few years.But if you can turn that 2000 into 10000 in a few months ,hey you may have a shot.
 
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TSLexi

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Please don't insult me

I have been playing $5/$10 limit holdem poker as a hobbyist for the last 18 months. I have win rate of 4.5 BB/100, and VPIP/PFR of 23/19.

I understand EV, pot odds, the value of position, etc. I know it's not easy to make money playing poker, but I've managed to do it enough to be considered consistent.

And please, explain to me what's wrong with cashing out half of your winnings every time you win?
 
123andyp123

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I have been playing $5/$10 limit holdem poker as a hobbyist for the last 18 months. I have win rate of 4.5 BB/100, and VPIP/PFR of 23/19.

I understand EV, pot odds, the value of position, etc. I know it's not easy to make money playing poker, but I've managed to do it enough to be considered consistent.

And please, explain to me what's wrong with cashing out half of your winnings every time you win?
The stats seem good .And as far as cashing out every session.The only problem i see with it is most sites have a fee,and depending on your cash out method .It could really start to hurt your profits.So why not just set up a system say every month or maybe two weeks at first.
 
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TSLexi

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The stats seem good .And as far as cashing out every session.The only problem i see with it is most sites have a fee,and depending on your cash out method .It could really start to hurt your profits.So why not just set up a system say every month or maybe two weeks at first.

Oh that does seem better. Forgot about the fee, lol.
 
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freestocks

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Open an account at Bovada with 1/4 of your bankroll. Play annonymous, cash out a lot, and enjoy.
 
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freestocks

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Reasoning?

One check per month with no withdraw fees.
 
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joe777

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One of the option is to play SNGs or DON,there maybe less regs than usual as compared to the cash game.You can try it for a month or two then decide whichever the best for you.The recommended BI for pro to play SNGs is x100.
 
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V6mitg6rewh6re

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That's the one good thing about bovada IMO the checks are free one per month that could save you lots of money if your a pro! Honestly with a 2k roll I would prolly play20-50$ tourneys 10-25$ sngs .25.50 cash games but I play a tight bankroll game anyways even when I had over a g on bovada before I cashed out . I was playing 10-15$ sngs n mtts .10.25 cash games . Prolly bad plays on my part
 
123andyp123

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Also about Bovada.They have a good deal of traffic.And they have great customer service.A lot of these site are hard to get help from,but not Bovada. I have had nothing but great service from them.And they have a good bit of knockout tourneys.I love these because you can get your buy in back without even finishing in the money.
 
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Mrjamesbond1977

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With a $2000 bankroll i would start playing tournys for $5-$100.
 
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hffjd2000

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With $2000 BR, i would only join .10/.25 max cash and $10 max bu-in tourneys.
 
akran75

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with 2000 BR I would cash out 1700 :p
I'm just kidding, because I'm not competent enough to give the right advice
 
tenbob

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I have been playing $5/$10 limit holdem poker as a hobbyist for the last 18 months. I have win rate of 4.5 BB/100, and VPIP/PFR of 23/19.

I understand EV, pot odds, the value of position, etc. I know it's not easy to make money playing poker, but I've managed to do it enough to be considered consistent.

And please, explain to me what's wrong with cashing out half of your winnings every time you win?

How many hands have you played over that time period ? I'm assuming that you have some sort of pokertracker software already or you would not have those stats.

Its not about cashout fee's, its about variance. Even if you have a wr of 4.5bb/100 over many thousands of hands, you will experience long break-even/losing streaks, streaks lasting tens of thousands of hands. You should realise that you will not win every session, or even be guarenteed to win any of your next ten sessions. So cashing out after every winning session means you will go broke.
 
Zorba

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He wasn't insulting you, he is a very knowledgeable man, listen to his advice, You could do much worse like the following.

Mrjamesbond1977 said:
With a $2000 bankroll i would start playing tournys for $5-$100.



.



.
 
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TSLexi

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Yeah, I do think playing $0.10/$0.25 is better!

Yeah, I do think playing $0.10/$0.25 with $20 max BI is better, because I can stay in the game longer so my skill can overcome variance.

I play a TAG game; I only play Broadway hands (specifically AA, KK, QQ, JJ, TT, AKs, KQs, QJs, and JTs) due to their high equity and thus $EV, and fold everything else. If I'm first to act with these hole cards, I check with the intention of raising; otherwise I raise and re-raise.

I've heard the quality of the players at casino poker rooms is generally poor compared to online...maybe I could play there and try to get my opponents tipsy, lol. And casinos are fun!
 
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TSLexi

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How many hands have you played over that time period ? I'm assuming that you have some sort of pokertracker software already or you would not have those stats.

Its not about cashout fee's, its about variance. Even if you have a wr of 4.5bb/100 over many thousands of hands, you will experience long break-even/losing streaks, streaks lasting tens of thousands of hands. You should realise that you will not win every session, or even be guarenteed to win any of your next ten sessions. So cashing out after every winning session means you will go broke.

I've played about 30K hands.

With my $2000 BR, I have 80x the BI for a $0.10/$0.25 $25NL game, so I should be able to survive variance for a while.

And I said that if I'm having a winning two weeks, I'll cash out half the winnings; if not, the money stays put.
 
XXPXXP

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what is your winning rate besides 3/6 limited?
think it is hard to find enough tables to play 3/6 limited holdem on line.

if you play NL, think there is a bit difference in limited and NL games.

would consider the max win rate per hour games.
not limited to 1 kind of game only.
may be mixture of SNG, Cash and MTT.
 
carloskmargo

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the truth seems to me a very good point of view that starts with LIMIT HOLDEM think you could have a little less variance and more edge in those games, I hope you fence well and billboards informing your progress, I recommend you go down one level more to fight against the variance.
 
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TSLexi

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the truth seems to me a very good point of view that starts with LIMIT HOLDEM think you could have a little less variance and more edge in those games, I hope you fence well and billboards informing your progress, I recommend you go down one level more to fight against the variance.

Yeah, I think I'll play $1/$2 FLHE. I have 1000x bb, so I can survive variance for a while, build my bankroll, then move to $50 NLHE once my bankroll is built to at least $4000.

Should I play kill games?
 
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TSLexi

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Actually, I think I'm going to take Chris Ferguson's BRM advice

Actually, I think I'm going to take Chris Ferguson's BRM advice:

Play with no more than 5% of my BR at any time, i.e. play only $100NL

If my stack more than doubles, when I'm in the blinds, I leave.

And I plan to play at America's Cardroom, as they offer 27% rakeback to everyone.
 
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