Bankroll management tips (Tournament-specific)

mycophile said:

Alright. So, this has happened time and time again. At this point, I'm fully aware of it, I'm just not sure how to combat it. Looking for tips I guess.

I've been playing on Full Flush for about a month, haven't made a single deposit, though have cashed in several of their freerolls. With that money, I've been playing in little 50 and 60cent tournaments- they currently have about 50ish players on average. Now, it seems like I'm willing to gamble a *lot* more when I can afford to lose, even though we're literally talking about pennies here.

For example: I played in a 60cent buy in tournament earlier, re-bought 6 or 7 times ultimately yielding me down like $3 or $4 .. and I didn't even end up cashing in it. I don't tilt, it's just a matter of willing to put myself at risk on mediocre draws when people place huge bets.. which is a huge leak in my game.

Now, when I only had like $2 in my account, I seemed to at least cash in every single one I'd enter. Whereas at this point, I'm playing like a ****ing donkey. Not proud of it by any means, just looking for a little advice I guess.

Note- I'm absolutely terrible in cash games so I just don't play them at all. I love tournaments, it's like 2 hours of pure entertainment to me. And at just pennies a pop, it's worth it.

Constructive and cynical criticism are both welcome. I can take it. :cheers:

Click to expand...

teh_colonel_saigon said:

Hrm... Well I myself suck at cash games, so I agree staying away from them is best. But what about SNGs? Often there are cheap buy-ins, and they can be quite similar to tournaments but with far less variance.

You can play in free-rolls with no deposit? (Damn i oughta check this out!) For sure keep playing the free rolls when you can, but you'll have to get your roll up to a significant amount before you can even safely buy into the $00.60 tourneys. I mean, you need over 50 buy-ins (usually) to safely play at any particular stake, and you need more for those MTTS due to larger fields.

Especially if you've only been playing for a month, you should try to focus only on one type of game. Cash is out, and MTTs are mostly a gamble with your roll, so I do recommend SNGs. Since you can't play too much in volume, study your game after you play to get the most learning out of it.

If your site has Double or nothings, or regular speed 9-man SNGS, these will have quite low variance. If you play on the weekend when the donks come out, you can sometimes fold into the money.

Part of your problem is that you aren't taking the game seriously enough. If you actually deposited $40 or so, I think that aspect would go away.

Another benefit of SNGs is that there are no rebuys. If you f-up, or gamble, you are out. This will force you to at least analyze your gambles, see if they are appropriate, and learn to just tighten up a bit.

Tourneys are definitely cool, you get to see a ton of hands for a few cents. Just making sure you are in the right mindset can do you wonders. If you go broke you'll probably have to deposit some money to get started again- I know you play for fun but with your money on the line your mindset could change drastically. I say this because you talk like you are playing with play money right now.

Anyway, good luck to you, hopefully you get lucky and build up your roll again

Click to expand...