CrockPot
Rock Star
Silver Level
LastSon76
Rising Star
Silver Level
Since poker is a game of imperfect information, of COURSE there's going to be an element of risk involved. Some of that can be countered by skill and practice but between variance and a good player's use of randomized play (appropriately) you'll never completely avoid risk in being successful in poker.
CrockPot
Rock Star
Silver Level
Right but what I'm asking is if I want to make it to the big leagues do I have to sometimes play under bankrolled, sitting at tables on occasion and risking it all for that big payday. Or is it possible to grind your way to the top always playing within your limits.
Mr Sandbag
Legend
Silver Level
It is definitely possible to grind your way to higher stakes while always playing within your bankroll limits. But a lot of poker players have taken shots at the next level without having the right bankroll for it. The key is to be disciplined enough to move back down if it doesn't work out right away.
Shot-taking isn't really a risk to your bankroll since it is usually a one time thing if the results aren't great. If you do it, lose, and stay at that level anyway, your bankroll's risk of ruin is great.
dealio96
The LAG Monkeys
Silver Level
I've never heard of this being a profitable move(statistically) in the long run. People take shots, and people actually bink tourneys in these situations, but I would never advise this to anyone that is actually trying to get to"the top" I mean, there is stake jumping, but in no way, shape or form, does that have to do with taking a risk with your whole BR in one session. Variance is way too crazy online(no matter what your level of skill is) to be taking shots of this caliber.
This of course if you mean Whole bankroll when you say "take a risk with his bankroll"
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C
cotta777
Visionary
Silver Level
Althought I would agree in live poker taking big risks can really pay off I mean you could be talking a lot of cash your hand in a short space of time.
You could out down 2k and walk away with 10k if your brave enough buy in then a higher live game for 5k you could walk out with 12k
and your talking around 14-16 grand in a matter if days.
then its a case of being smart with that money investing time to progress and develop and bankroll smart
I certainly wouldnt feel comfortable playing for large sums of cash online with the intention if building up I think bad beats would be more likely for sure especially if your out if your depth it just seems to be the way it goes
You could out down 2k and walk away with 10k if your brave enough buy in then a higher live game for 5k you could walk out with 12k
and your talking around 14-16 grand in a matter if days.
then its a case of being smart with that money investing time to progress and develop and bankroll smart
I certainly wouldnt feel comfortable playing for large sums of cash online with the intention if building up I think bad beats would be more likely for sure especially if your out if your depth it just seems to be the way it goes
J
jj20002
Visionary
Silver Level
first hand you hold kings and one opponent shoves, do you pay?
against several villains and the board displays 4 spades and you have the king of spades, one villain shoves, call or fold?
everybody folds and the small blind shoves and your cards are pocket eight, in or out?
4 players enter a pot raising you hold pair of sevens and to see the flop need to pay a third of your stack, are you going for the set?
i mean, there are a lot of situationn that are going to be coin flips, and maybe you are going to take the risk or not and sometimes you take it and win and go deep and bust your br, or you are in a downswing and feel nothing is working
at the end is a balance (including your bankroll, because you can not afford to fall to zero and then start over again)
against several villains and the board displays 4 spades and you have the king of spades, one villain shoves, call or fold?
everybody folds and the small blind shoves and your cards are pocket eight, in or out?
4 players enter a pot raising you hold pair of sevens and to see the flop need to pay a third of your stack, are you going for the set?
i mean, there are a lot of situationn that are going to be coin flips, and maybe you are going to take the risk or not and sometimes you take it and win and go deep and bust your br, or you are in a downswing and feel nothing is working
at the end is a balance (including your bankroll, because you can not afford to fall to zero and then start over again)
hashtag
Rock Star
Silver Level
I'm not sure anyone on here can answer this based on experience? We are all learners here I think. This would be a good question to ask in a CardsChat interview with a pro, e.g. Phil Galfond most recently. Keep an eye out for the next one.
steffdbird
Visionary
Silver Level
reply
I think this is something only you can decide. I mean for you to sit back and think long and hard about the pro's and cons for example
1. What exactly do I wish to achieve ??
2. If I decide to take these risks and it goes wrong can I afford to restart??
3. Which higher limits should I attempt?? Without making yourself feel intimidated by the reg's who will spot you instantly and put you in tough spots as was mentioned above.
4. When or if I make these decisions, do I continue at these levels or do
I go back down and practice good brm.
I think the main two are 1 and 2,
what do you wish to achieve ?
And how damaging would losing you Br be to your finances?
I hope this has helped and gl
I think this is something only you can decide. I mean for you to sit back and think long and hard about the pro's and cons for example
1. What exactly do I wish to achieve ??
2. If I decide to take these risks and it goes wrong can I afford to restart??
3. Which higher limits should I attempt?? Without making yourself feel intimidated by the reg's who will spot you instantly and put you in tough spots as was mentioned above.
4. When or if I make these decisions, do I continue at these levels or do
I go back down and practice good brm.
I think the main two are 1 and 2,
what do you wish to achieve ?
And how damaging would losing you Br be to your finances?
I hope this has helped and gl
S
Swickster007
Rock Star
Silver Level
Poker always has risks. Every time you bet without having ''the nuts'' is basically risking the fact that the other player may have them. It is rare that you will have the highest high showing and every time you play, you are betting that the other players do not have it as well. With that being said, there is always risk taken, whether it be just game of poker, in bluffing, or with risking your money. You don't always need the cards, but the cards help.
suby_rafael
Legend
Silver Level
Bankroll Management
Ask any poker professional in the world. Most of them would agree with me if i say that "BANKROLL MANAGEMENT" is the most and foremost important thing while playing poker be it cash games / tournaments. Where did you hear such a thing of taking risks with bankroll to reach the top ? Whoever said it is not very wise in my mind. So if i were to give you an answer straight up it would be "FALSE".
If you take risks with your bankroll don't expect to be a successfull player in the long run.
Ask any poker professional in the world. Most of them would agree with me if i say that "BANKROLL MANAGEMENT" is the most and foremost important thing while playing poker be it cash games / tournaments. Where did you hear such a thing of taking risks with bankroll to reach the top ? Whoever said it is not very wise in my mind. So if i were to give you an answer straight up it would be "FALSE".
If you take risks with your bankroll don't expect to be a successfull player in the long run.
CrockPot
Rock Star
Silver Level
Alright, that's kind of what I was thinking also. As for where I heard it, well I know I heard it once on PAD but I'm not real sure who said it though I may be wrong but I believe it was Brandon Adams. I've also heard Daniel Negreanu talk about some crazy BR risk he took. But I agree with you on this one.Ask any poker professional in the world. Most of them would agree with me if i say that "BANKROLL MANAGEMENT" is the most and foremost important thing while playing poker be it cash games / tournaments. Where did you hear such a thing of taking risks with bankroll to reach the top ? Whoever said it is not very wise in my mind. So if i were to give you an answer straight up it would be "FALSE".
If you take risks with your bankroll don't expect to be a successfull player in the long run.
KoRnholio
Visionary
Silver Level
There is a certain amount of "risk" needed to help a player push themselves enough to improve their game. There are plenty of pros/semi-pros at the mid stakes level (100NL - 400NL online) who can play a relatively low risk game and grind out profits.
For a player to break through that level, it will take a lot of effort, discipline, and yes, risk, to try their hand at the higher limits.
The most important thing after taking a risk/taking a shot at a higher limit, is being able to recognize when to move back down limits. Second most important is being able to use that experience and improve one's game to the point where after some more shots, they can win consistently at the higher limit.
For a player to break through that level, it will take a lot of effort, discipline, and yes, risk, to try their hand at the higher limits.
The most important thing after taking a risk/taking a shot at a higher limit, is being able to recognize when to move back down limits. Second most important is being able to use that experience and improve one's game to the point where after some more shots, they can win consistently at the higher limit.
G
GWU73
Visionary
Silver Level
There are 3 times I think risking an entire roll is worth it.
1. When your roll is so small that playing with good BRM would be meaningless.
2. When you can easily replace the roll through other means.
3. When you have stacked the deck.
1. When your roll is so small that playing with good BRM would be meaningless.
2. When you can easily replace the roll through other means.
3. When you have stacked the deck.