FT $1 Million Guarantee

I took $2 and turned it into $70 within about 2 hrs on Full Tilt. While playing on S&G's and cash tbls I started accumulating a lot of pts. I think it ended up being 250-300FTP. After i lost all my $ on bad beats i started playing in the 50FTP $1 Million Satellite. I won that out of 54 ppl and now get to play in ANOTHER satellite sat. nite and the top 36 in that tment actually get to play for the 1 mil prize pool. Damn i could use that $

Well good luck, but I somehow doubt you "lost all your $$ on bad beats". With proper bankroll management, that won't happen. I suspect you turned your 2 dollars into 70 dollars and then started playing 50 NL or 20$ buyin S&G's.

In any case, I hope you do well and get some good cash if you make the tourney. And maybe you can use proper management next time. We have a bunch of threads on BRM if you are interested in that.

I got to agree with james you cant have run into that many bad beats within a proper BRM strategy, but good luck in your upcomming tourney.

I see that a lot people talk about correct bankrolling and a lot of other weird thing included in it, can you help me to figure it out ?

Yes!

gopnik885 said:

I see that a lot people talk about correct bankrolling and a lot of other weird thing included in it, can you help me to figure it out ?

Click to expand...

Chris Ferguson has a great article on Bank Roll Mng. at FT---Just go there and check out their articles!

Set a limit

First, gl in the million qualifier. second, you might want to think about setting a limit of the amount you'll lose in one session.........don't lose the amount you just won.....not good,
Jane

I with have to agree with james and zorba ..if you had used bankroll management when you achieved the $70. You would probably have doubled your money by now.
there are a few threads about bankroll management on this site.....read e few they could give you a good insight to another part of your game

cheers

PuffinNugs420 said:

I took $2 and turned it into $70 within about 2 hrs on Full Tilt. While playing on S&G's and cash tbls I started accumulating a lot of pts. I think it ended up being 250-300FTP. After i lost all my $ on bad beats i started playing in the 50FTP $1 Million Satellite. I won that out of 54 ppl and now get to play in ANOTHER satellite sat. nite and the top 36 in that tment actually get to play for the 1 mil prize pool. Damn i could use that $

Click to expand...

PuffinNugs420 said:

I took $2 and turned it into $70 within about 2 hrs on Full Tilt. While playing on S&G's and cash tbls I started accumulating a lot of pts. I think it ended up being 250-300FTP. After i lost all my $ on bad beats i started playing in the 50FTP $1 Million Satellite. I won that out of 54 ppl and now get to play in ANOTHER satellite sat. nite and the top 36 in that tment actually get to play for the 1 mil prize pool. Damn i could use that $

Click to expand...

Good luck! How did you turn that $2 into $70 in 2 hours?

what you should do...

unregister from the tournament your in... and you'll get 2,500 Full Tilt Points on your account.... then you can go back and play that 50 Full Tilt Point sat again... that way you have enough full tilt poker points... in case that doesn't work out for you again...

you can use the 2,500 to play in other Full Tilt Poker tournaments where you can win real cash... to get your account going again...

that's the best thing to do.... if you calculate the odds and Return on Investment.