Acceptable return with a $2k bankroll...?

Ronaldadio

Ronaldadio

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For those of you who don't know me, I am Elvis Presley...

...well not really, but I do an Elvis show, solo, with dancers or with my band.

Anyway, I am starting to do a lot of bigger shows and probably I will limit myself to 2 shows a week - in the main, Fridays and Saturday - so that is those 2 days out.

So the good news is, this will leave me with time to focus more on poker :D

My main games are PLO8/ FLO8/ Fixed Stud h/l

I enjoy playing MTT`s, play a few SNG`s (9 & 18 player) and I dabble in ring games, but tbh, they bore me :(

So, after withdrawing $2k I am left with about $2k to play with.

If you were me or you were my manager :rolleyes: , what would you suggest I do in as far as games to play, levels, etc.

Also, what would you expect as an acceptable return on a $2k bankroll?

A couple of things to add that might help.

I find I concentrate better playing higher stakes ($10 +) - I struggle to keep patient playing low buy in tourneys ($2< ).

I play pokerstars in the main now because of their FPP`s and the amount of traffic for the games that I play.

I have done well on Party but wanted to change to Stars - no real reason :confused:

On OPR I'm showing
...Pokerstars an ROI of 39% (Prizes won $10.7k profit $3k)
...Party an ROI of 53% (Prizes won $40k profit $13.7k)
...FT an ROI of 11% (Prizes $1.7k profit $171)
(I assume this covers MTT's and SNG's ?)

I started playing when I joined this forum (2007/ 2008).

I want to take my poker more serious.

Any more questions fire away.

Thanks in advance for your comments :)
 
tenbob

tenbob

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You can play $20 buyins pretty easily on your current roll.

Your question is pretty hard to answer without any idea of what volume you intend to put in though, but if your ROI is decent (fyi 36% is not sustainable) and in the region of 15% then for every buyin you should expect to profit $3.
 
Ronaldadio

Ronaldadio

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You can play $20 buyins pretty easily on your current roll.

Your question is pretty hard to answer without any idea of what volume you intend to put in though, but if your ROI is decent (fyi 36% is not sustainable) and in the region of 15% then for every buyin you should expect to profit $3.

It is 53% on Party btw, so how do you know I'm not just a fantastic player ;)

Joking apart, I would guess I can put in 40 hours a week if I want.
 
Ronaldadio

Ronaldadio

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how many total games have you played

Poker, or u talking about gigs?
poker I don't track that way - got info off OPR
Gigs, I do about 100 a Year

Where u from btw?
 
Arjonius

Arjonius

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They're not completely separate, but you might want to consider the relative importance you place on playing poker for the enjoyment vs the money. I'd guess there's more to your "full picture" as there is to mine, so I'd also encourage you to remember the broader context instead of just focusing on your roll.

As for what to play, I'd look at what your goals are and work from there. For instance, if you have a monetary target per month and it's important, you'd want to look at how many games you have to play and at what buyin level to reach it. Say you "need" to make $1000 per month. With a 50% ROI at the $10 level (ignoring the fee to make the math easier), you average $5 per tournament. That means you need to average 200 tournaments per month. Depending on the average number of tables you play at once and on the average length of time you last, you can work out the estimated average number of hours you'll have to play per month.

This will give you more basis to make a decision that works for you than just looking at you 2k roll and setting a 1k (or whatever) target.
 
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nodnarb5265

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Play $5-$10 NL, that's a good starting point and can help you increase your bank roll a little at a time.
 
Bankroll Building - Bankroll Management
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