Help with Bankroll

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DeeCay

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Hey guys, really new to the community and online poker. Basically started off with $50. Started playing $1.50 SNG tourneys (180 participants) and after my 4th tourney made it to 4th. After 10th tourney i took the top prize.

Seemed to me like i was 'above' those standards so i rose to $4.50 games, winning the 12th position on my second day. On that same day i tried the $8 game and came in 7th.

A week later, i've lost all my winnings. Im pretty sure i didnt just 'get lucky' last week. I need some help have been losing AK hands to river straights and flushes although i've pushed very aggresively 3betting preflop. Bad with KQ/KJ hands too, although mathematically face cards have the highest probabilities of being on the flop/turn/river.

I have no bankroll management whatsoever, i guess some advice would help!

Cheers
 
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cotta777

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even with a solid edge you can expect to go through long spells without any decent cashes in 180 fields.

As most are going to tell you your bankroll management should be Beyond 50 buy ins for sit n gos and for 180 mans you want to be looking beyond 100 buy ins to that level.
I know your going to be thinking Nah no way do I need 100 buy ins Ive run deep a few times in only a few games but this happens.
And taking into account all your emotions all your consistancy and all the variance you will get over the course of 6 months or a year. the only way to ever be sure you wont get broke is to maintain enough buy ins to protect you and assist you with development until you are seeing consistant winning results and your bankroll is booming
 
jordanbillie

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"Face cards have the highest probability of being on the flop turn and river?!?!"

Whoa, let's just stop right there.
 
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ravpl

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BM is a very important part of playing poker. Need 100 buy-in for a quiet game. Started good, but not holding BM and lost what you have paid. If you follow these rules you should earn profit
 
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DeeCay

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yeah thats exactly what im thinking- that i dont need that much since i rolled in so much cash over 2 days. But i'll take your advice and save for 50 buy ins. Which means, if im intending to add 100 bucks to my bankroll i should be playing <2 buy in SNG games?
 
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DeeCay

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hmm, there are 52 cards in a deck, 4 of each suit. which means the probability of a face card appearing is 12/52. Since i already hold 2, that makes it 10/50. I think that is the highest probability of a card appearing? pardon my math im calculating this base on logic, which may be severely flawed. enlighten me if any could.

will appreciate any responses, thank you so much
 
newbie in training

newbie in training

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Lol ok heres my math to get to face cards pf if there are 12 In a 52 card deck then its splits down to six cut tgat in half and it is 3 in every 26 hands also im sure it goes drastically down to hit a fave card on flop turn and river if your playing fr since other people got em with rags and folded

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detourglr

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general rule only play sit n go with 5% of your banroll. 2% for muli table tournaments
 
psychotie

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BRM is one of the most important task in poker. Without a proper BRM u will soon come into trouble .
gl on the felts
 
Arjonius

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It's a poor idea to base the decision to move up on short-term results. Poor players can run well and have a few cashes in a short span. That's a major reason they keep playing even though they lose money overall.

It's very different if you play a few hundred $1.50s and show a decent ROI. In this case, you'll know you're a winning player at this level, and you can be confident you're ready to see how your game will stand up at the next level.
 
newbie in training

newbie in training

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Oh well my br is at zero cyz bad br managemrnt gonna build back from freerolls and enter in a few hundred mtt

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XXPXXP

XXPXXP

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180 man SNG needs more bankroll, cos more variance. you will lose all your bankroll on poker rooms before the time your-ought-to-win profits comes.

i think secure bankroll to level up and down for if you want to serious play 180 man is at least 150-200 times of the buyin, means, 1.5 buyin 180 player SNG you need to at least have 225 USD to security play for the purpose of resisting downswing/unlucky days.

but if you have a higher winning rate, think 120 times of buyin is acceptable, but not recommend.
 
newbie in training

newbie in training

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So basically have around the number of players the number of bi ?

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Henry Minute

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hmm, there are 52 cards in a deck, 4 of each suit. which means the probability of a face card appearing is 12/52. Since i already hold 2, that makes it 10/50. I think that is the highest probability of a card appearing? pardon my math im calculating this base on logic, which may be severely flawed. enlighten me if any could.

will appreciate any responses, thank you so much
You are sort-of, partially correct (not quite the same as being a little bit pregnant, but close :) ).

You hold 2 face cards, so you are correct that 10 of the remaining 50 cards are face cards. By extension, this means that the other 40 are NOT face cards. It follows that it is 4 times as likely that a non-face card will appear rather than a face card, given a perfectly random deck, of course.
 
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Misdir

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Also, playing online is very different to live play. You mentioned you were new to online play, perhaps that means you are familiar with live play or just new to poker in general. If that is the case, there is much to be said for studying the game and reading some books regarding the game played online. GL
 
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RickH1983

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My suggestion would be to read a poker book.
 
newbie in training

newbie in training

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I started playibg in febuary so I guess you could say im new and why am I here XD

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newbie in training

newbie in training

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Wait sorry I was confused lol

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chipstacker

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Ups and downs

Poker has it's ups and it's downs. Your better off just setting aside another hundred or two, because worrying about how much you have will affect your play.
 
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skipizzle

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It's a poor idea to base the decision to move up on short-term results. Poor players can run well and have a few cashes in a short span. That's a major reason they keep playing even though they lose money overall.

It's very different if you play a few hundred $1.50s and show a decent ROI. In this case, you'll know you're a winning player at this level, and you can be confident you're ready to see how your game will stand up at the next level.

This is good advice. Thanks for sharing!
 
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trent32la

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Agree with Arjonius...you shouldnt move up just because of a few could results...even if u bink 2 $1.50s in a row doesnt mean your gonna be profitable in the next 100....you need to see how u do in the long run...then decide whether or not u should move up...Heres one example....maratik...the guy who won the 2012 WCOOP Main Event for $1M he didnt move up to the high buy-ins despite having a roll for where he could...because over the long run...is maratik really going to be profitable in 5k BIs? He still plays micros and is a small profit player there....
 
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DenverDave

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I like Detourglr's suggestion. I have seen that time and again.

I also like having 100 buyins at a level. This allows you to hang in when variance hits. OH and it will hit. Some days you can do no wrong. And others, you can't buy a pair over 8 hours of playing. And I should say I play cash more than SNG's. I still would use the 100 rule just so I don't start playing with scared money. I was there and not anymore. Even if I move up and have a crappy session losing 2+ buyins, I force myself to go down again, and analyze the play at that higher level.

When new, read!!
 
newbie in training

newbie in training

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So basically have 100+ bi always well thats a problemo considering my nothing br's... but hopefully I can make a decent cash :)

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rock0001

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you will need at least 100 buy ins in order to be safe in mtt, however in turbo mtt i think it would be best to have at least 150- 200 because the downswings there are a lot higher than in regular mtt.
 
etherghost

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even with a solid edge you can expect to go through long spells without any decent cashes in 180 fields.

As most are going to tell you your bankroll management should be Beyond 50 buy ins for sit n gos and for 180 mans you want to be looking beyond 100 buy ins to that level.
I know your going to be thinking Nah no way do I need 100 buy ins Ive run deep a few times in only a few games but this happens.
And taking into account all your emotions all your consistancy and all the variance you will get over the course of 6 months or a year. the only way to ever be sure you wont get broke is to maintain enough buy ins to protect you and assist you with development until you are seeing consistant winning results and your bankroll is booming

You were moving to quickly up the ladder. The key idea is to keep within the BR. Play tournaments which cost no more than 50/BI. If you drop below this amount step down the ladder to less expensive tournaments. Always keep it above 50xBI though. It's not rocket science, it's simple math and a lot of discipline.
 
Bankroll Building - Bankroll Management
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