re: Poker & Ring game - When to cash out?
I must be weird.
I enjoy playing play money poker. I am also really cheap, and don't care to invest my own money.
I have won a cash stake via freerolls
, and occasionally add to it. I play mostly sng's and tourneys.
What I have found is that about 2/3 of the players are in too much of a hurry. In either sng's or tourneys, the level of play increases dramitically after those 2/3 are out. At that point for the most part, the play is equal to real money
At FTP, my play money is up to a bit shy of 200K. Biggest games I've played there is 10k play money. Cashed (?) in both. I am proud of that almost 200 K. When it gets to 1 mil, I expect to be good enough to perhaps change to a mostly cash basis.
I seem to have an aversion to ring games. Unless the players are known to have some poker smarts, I find it to much like roulette
On the 2 or 3 occasions when I have taken my cash to a ring game, I have faired poorly. Odds
might suggest I need to wait it out longer, but since I have concentrated on tourney strategies, I may not go back to ring games for some time.