Originally Posted by OzExorcist
FOR CRYING OUT LOUD, STOP PLAYING MTTs!
Here's the bit where I'm going to contradict myself.
If I were to tell you I'd just made $10 from a freeroll and I was going to take it straight to a PLO cash game table to start trying to build a roll from it, how many people would think I was mad?
I think it might be more than a few. A select few of them will have prior knowledge of how much I suck at PLO. But others, even without that knowledge, would likely point out that the variance in PLO can be a killer and I'd be better off playing something with a more stable return. They'd probably be right too.
But here's the thing - a lot of those same people probably wouldn't bat an eyelid if I said I was going to take that $10 and play the Daily Dollar or something with it. Which is a funny thing, because as far as variance goes things don't really get much more swingy than multi-table tournaments. You certainly want a lot more than 20-30 buy ins to be rolled for them.
As discussed above, we already need to get very lucky to build a roll from nothing. We don't need to compound our problems by stacking variance against us - instead, we need to concentrate on games that offer us at least some chance of grinding a slow but steady path upwards. That usually means ring games or single-table SnGs and I'm recommending that, at least for the initial stages, you steer clear of MTTs and the horrible swings they bring. Even if you think they're your best game.
I'm solely a MTT grinder. I play very few sng's and cash games, usually when I don't have time for a MTT.
Regarding the "choose a game and stick to it" I found out that MTT's are way easier for me then any other game format, so I'm not sure if I agree with this part of your post. You just need A LOT of practice and lots of games played, pay more attention to your opponents' play style then you would normally do in cash/sng's and be weary of ICM. Almost all guides tell you to go aggressive on bubble/pay jumps and abuse them, as you're playing for first place, but tightening up and getting a little bit shorter until you hit the payjump worked way better for me so far.
I've been playing pretty casually until ~15th of September when I started taking it seriously. The climb I posted began with a 10$ deposit, and as I said earlier, it's solely MTT's.
Feel free to ask me any questions regarding MTT's and micro bankroll managing, in spite of what OzExorcist posted