Looking for Tools for Serious Online Play
Hi, all. I just signed up for the site today and was looking for some help on becoming a serious online player.
I understand all the rules and odds
and everything, I can crunch outs in my head, put people on hands, etc. I have countless times deposited $100 into an account, run it up to $1300-1400, lost it all, gone on tilt, draining my bank account in the process.
Bankroll Management -
I know I need to practice Bankroll management, but those two words don't mean anything to me. I am ignorant to the concept. I was wondering if any body could point me to beginner and intermediate articles for the concept? I've had a friend tell me it's not playing a limit unless you have a certain number of buy-ins at the table. It would make sense, since when you get stacked, you have X number more stacks, so you don't need to play your stack like it's your last. I just need to read up on it to be sure I'm doing it properly.
Limit Selection -
I know this relates directly to bankroll management, in that you should only play limits you can afford. I prefer to play 1-2 NL, and I'm sure this will directly be related to Bankroll Management, so I'll wait until I know more about BM before I make my decision.
Setting Limits -
The problem is you can take $100 into $800, and start bossing around your stack, and after running into 2 spiked sets you're back down to $200. I decided in my case after I reach a certain amount (come to the table with $100, leave with $150-$170, go to another table with $100, rinse, repeat). I find that personally I am good for about 3 hours before I start losing money with consistency. Obviously the answer is quit before the three hours, or when I start losing the money. I was just wondering what some of you net plus players end up doing.
Site Selection -
I play two types of games, a very tight cash game, and a more aggressive game. I think ideally I'd be best running a couple tables, one of them playing aggressive with my focus on it, the other playing tightly, waiting for premium hands, etc. Regardless, I know fulltilt and poker stars
are the big sites right now. Your thoughts on those sites would be very helpful.
Poker Knowledge -
I don't want to disclose my situation, but I have a LOT of free time on my hands (I'm not in prison). Plenty of time to read some books on poker. And I want to do poker seriously. If you have had a good experience with a poker book (advanced books are preferred. Especially about cash games, those are my preferred beast), I would love to know the title and author and why you liked it, if you have time.
I guess that's all I can think of off the top of my head, feel free to comment on any/all what you do to be successful... I'm kinda shooting out in the dark for some help, figure this'd be the best place to do so.
Again any help would be very much appreciated on how to take this from a hobby into a breadwinner.