What to do with $10

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MercilessKiller

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This is a strange post but bare me out..

Just won $10 on a freeroll at bet365.. but what should i do with it?

I am hoping to make a living playing high stake limit poker but atm am a student so keeping it low and calm. I just won this $10 but whats best.. Should I build it up in very low limit ring games or enter a $5 or some $2 sng's?

Any advice wud be good thanks.

merci
 
IrishDave

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You didn't say how much experience you have but I'd stick to the low limit tables and try to slowly build your bankroll. The fastest way to go broke is to move up to fast. I rarely play NL as it's easy to go bust on a single hand. I like the SNGs myself and play the $5 buy-in at Noble regularly. The 10 seat table pays 3 places so it's not that hard to build your stack this way either. Just watch out for the crazies as there are folks that will throw the $5 away in a heartbeat...
 
buckster436

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i would say play somemore freerolls and build it up,thats what i do and it seems to work out fine, if you go to a ring game and lose the 10 bucks your back where you started, i would try to build it up on the freerolls,its a good lesson and more experiance to play. i was down to 59 cents a few weeks ago and built it up playing the freerolls at noble,got it up to 5.89 and could get in our real money game today for 5.50 came in second and now im up to 20.39 good luck to ya>>>> buckster436
 
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MercilessKiller

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Ive been playin for a few years.. my fav is 2/4 Limit stakes. Ive played NL but dont like it as much in cash games. Ive also done well in sit and go's.

I will try and build it up in freerolls for a week Buckster. If I dont have it up by this time next week I will enter a sit and go I think... hmmm
 
buckster436

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MercilessKiller said:
Ive been playin for a few years.. my fav is 2/4 Limit stakes. Ive played NL but dont like it as much in cash games. Ive also done well in sit and go's.

I will try and build it up in freerolls for a week Buckster. If I dont have it up by this time next week I will enter a sit and go I think... hmmm
very good idea,,good luck >buckster436
 
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xdmanx007

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Low buy-in SNG's are a VERY good way for a new real money player to start building his bankroll.. I personally think the low limit and NL games are quite easy and profitable but an inexperienced player can find the ring games quite frustrating. Freerolls and low buyin SNG's is what I would recommend in your case.
 
ChuckTs

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yea best way IMHO is low buy in SnGs
easy money cause they pay well and the players are usually of freeroll skill level and are easily beaten
when i hit money in a freeroll for the first time, i played a bunch of SnGs and
went on a win streak, until i built 2.50 up to about 25 or $30....then i went on an even bigger losing streak and lost most of it LOL got too cocky
but i think SnGs are the best way to build it up
don't hit up ring games especially NL cause thats probably the easiest way to lose your bankroll
2/4 you might do a little better once you build your bankroll up some, but
low-limit (NL) ring games will do you in - too many shtty players catching weird hands to bust you
have fun with that $10
 
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ALawPoker

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Merci,

I won $13 last summer in a freeroll and slowly turned it into a roll that I'm now living off of. Keyword: slowly. I bought into penny stakes NL tables with $5, and the goal was to double up and then get off the table. Brought it up to 18, 26..... 55..... 100, and then split my bankroll into two sites. I'd play the small ring games on one site, and started experimenting with the sit n go's on the other site. By the end of the summer I had it up to $500 or so entering my last year of college. I slowly moved up stakes when I had time throughout the school year and turned that 500 into thousands and built enough of a stake to start me off playing professionally.

So my advice, you like limit more than NL? Play some micro-limit games. Buy in with a few bucks, get it to 6, and get off the table. Keep doing this, and resign yourself to not moving up stakes til your bankroll can absolutely support it and you are ready. If you are intent on making this $10 last I would not recommend buying into a $5+.50 sng until you have at least $100 or a $2 sng until you have at least 40, and even then make sure you are comfortable with tournament play before you risk any of your precious bankroll.

Also, lose the mentality "I'm hoping to make a living playing high stakes limit poker." If you love poker and are good at it and confident you can handle the lifestyle of playing for a living, then give it a shot. But have you ever played high stakes limit? What makes you so sure this is what you want? When I started playing online last summer I thought NL-ring was my game, and now I play mostly tournaments and when I do play ring it's almost always limit. So you gotta be open-minded to where you're having the most success. Maybe you'll turn out to be a great limit player and will be playing high-stakes limit games in a few years, but for now just focus on figuring out what your best game is and what stakes you and your bankroll can handle.

If you wanna give me your email or screen name I'd be happy to talk more with you. Best of luck.
 
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MercilessKiller

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Hey again.

I've read into limit poker in depth, and feel that in high stakes limit poker I could do very well, but have no bankroll to try and obviously I'm not going to put myself in a position where I risk money I need. Bad Idea.

I prefer NL, and used to do well in it, but I seem to struggle when it comes to big raises/all in's and bad beats. Last time I played NL cash games, I had quite a large bank roll built up. turned $10 into $400 through Limit and No Limit about a year ago. I did most of that in 1/2 Limit games. When I tried the No Limit, I started building it up a lot more, but then suffered a few all in river beats which took me to 0. I couldn't believe it. The odds completely killed me.

So due to that I'm a bit hesitant of playing NL. Its not the frustration, its the annoyance of the bad beats on all in calls.

Will email you :)
 
XXIII

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Go see Batman Begins. True has nothing to do with poker but it was a good movie and worth the time to see it ;)

Play the low tables between freeroll tournaments. That way you have something to do and also gives you a reason to stop at a certain time
 
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MercilessKiller

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Already seen Batman Begins. What a film but slightly off topic :p

Thanks for all your help by the way :)
 
XXIII

XXIII

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Hey it said what you should do with $10 ... see a movie is a viable option :proud:
 
rocka13

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G'day Killer,
I won $10.00 in that freeroll as well, I have since turned it into $36.00 playing the .5 /.10 limit tables at Bet 365. These tables are some of the easiest I have played with people playing just about any two cards. Just play quality starting hands and let the fish call you all the way to the river, you will cop some terrible beats but keep in mind that by playing the best 2 cards you are going to win in the end. $14.00 more dollars and I will step up to .25/.50 limit, I can't see that the quality of players will improve dramatically at this level so I expect to be playing the $1.00/$2.00 tables with a very comfortable bankroll in the not to distant future. Oh and if you see rocka13 at any of the tables say G'day and then piss off LoL. Don't want you scaring the fish.
P.S I finished 437th in that tourney, not bad for me as I am a seriously crap tournament player. How'd you do?
Cheers mate
Rocka.
 
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brian2480

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I think you should enter the $1 tourney. You get 10 chances to increase it.
 
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MercilessKiller

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Rocka.. I finished around the 350 mark. Hope to improve on saturday though. Thanks for your advise. Well noted!
 
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thebiscuit77

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along those lines, i'm looking to do the same thing. start small and build an online bank roll over time. what would everyone suggest as a place to start? maybe a nice freeroll where it's easy to place - top 3 paid out of 10 would be nice at a single table. recommended sites/games? thanks!
 
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CutCard4

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MK, with $10, I'd advise playing your favorite game (NLHE, Omaha, Ring, Tourny, whatever) at the lowest stakes you can find and building from there. I'd also be hitting the freerolls as much as possible. Absolute has frequent freerolls, both limit and NL, and I think even some Omaha H/L and 7Stud. (If I'm out of line mentioning a specific site like that, someone please let me know. I don't wanna get banned for something stupid.)
 
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