How to set myself daily limits?

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RSdavid46

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every day im getting better and better in poker mostly thanks to cardschat as i read a lot on here.

I have managed to improve my play greatly as i can see by cash games aswell as the fact that i have been winning (not only cashing but winning) more mtt sng's.

I do however have 2 problems which are:

1. Whenever i have a fresh start after i loose (for example the next day) and say i start off with a 10$ buy in to a NL25 table, within an hour or 2 i get to 40$ (by TAG play not loose donk betting/calling) Or also, yesterday i started off with $10 ended up with $60 multitabling NL10 for a couple of hours. The problem is, once i hit that amount its usually late night like 1-2am in UK, the russians on pokerstars start playing. They go all in with any 2 cards and what this results in is loss of chips for average/good players. I had the 60$ ended up with $40 after the night. How do i know when to stop playing?

2. Secondly, as in the first problem, im that person that doesn't know how to stop. I have built up a bankroll enough to let me play in the $1/$2 games and i would like to earn $160 a day. (which is 100 pounds in uk where i live, an average pay for an average worker) I would like to be able to earn $170 a day (160 to withdraw and 10 for a loose play such as a mtt etc just to have some fun at the end of the day) in order to not let the problem #1 occur i would play mid-day so i would fix that but how do i make myself stop once i earn the money and not keep wanting more and end up loosing more than its worth?

What should i do to make myself automatically say STOP once i hit that target ?
 
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Big_Rudy

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Interesting question. I'm not aware of any site that has any such feature where you can impose time restrictions on your length of play or based upon a set $ threshold reached as far as winnings for the day.

I guess it all comes down to personal accountability and working on your self-discipline. Just like live play. If the table turns bad, you find yourself getting fatigued, you start playing "not to lose" what you've already won.... It's time to stop, but you've got to be able to do that for yourself.
 
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BlueNowhere

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Why would you BI to a table for 40BB? I'm guessing it's not because you're a shortstack expert...
 
micromachine

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Learn some self-discipline is the only way. You already know you should stop at 1am. You could try getting up earlier in the morning and getting some exercise so you are tired and in bed before 1am?

And why are you buying in for 40BB?
 
slgalt

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Either set a hard percentage limit - leave if you're up x %, or get really good at learning to quit if you're tired or making bad decisions. If you are specifically working on building your bankroll, then proper bankroll management includes leaving the table. And figure out the average you are up across sessions as a bench mark- don't go by the rare triple ups.
 
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RSdavid46

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on pokerstars you cant buy into a 1-2$ table for 40$ as the minimum for these is either 200 or 400$ i cant remember.. My bankroll is actually 750$ and by 40 i meant i decided to see how far i could get investing only $10 during 1 day. i got to 60 and then actually lost 28 (was left with 32 but i won a 12man sit and go for a 1.50 buy in which gave me over $9)

Big_Rudy - Thats what im exactly looking for, some software which could allow you to set limits for the maximum amount you can spend from your bankroll per day and one that doesnt allow you to continue after a certain limit is reached.

micromachine - This wouldnt work for me because i have sleeping problems and for example, last week i started playing at 18 and finished at 7am and i had to force myself to sleep, i wasnt even a bit tired.

slgalt - if i could do that i wouldnt be asking the question :) thats my problem, percentage is the same as my plan of $170 a day.
 
Samango

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It's a big problem
Buying in short, multi tabling 10NL with a roll of $750, then running into inferior players late at night and losing!
I can see why this would hamper your efforts to earn one quarter of your bankroll every day
 
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RSdavid46

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I can start off with 1k bankroll which will give me 5 buy ins for the 1-2$ cash games. I know its not enough but i dont want to risk 30 buy ins which would be 6000$ as in my opinion, if you loose 5 buy ins in a row theres no point in playing. I know its not a great example but when i started i played lower stakes etc. and when i had 10$ (minimum you can buy in for NL25) i played there and thats how i built my bankroll. When playing sensibly you dont need so much buy ins because its either you're good and win or loose. You cant get 5 bad beats in a row
 
The Messiah

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I can start off with 1k bankroll which will give me 5 buy ins for the 1-2$ cash games. I know its not enough but i dont want to risk 30 buy ins which would be 6000$ as in my opinion, if you loose 5 buy ins in a row theres no point in playing. I know its not a great example but when i started i played lower stakes etc. and when i had 10$ (minimum you can buy in for NL25) i played there and thats how i built my bankroll. When playing sensibly you dont need so much buy ins because its either you're good and win or loose. You cant get 5 bad beats in a row

im assuming your having a laugh or something,but incase your not then its common to have a 20 buy in swing at some points in your grind,its just variance,youve obviously been lucky not to come across 1 yet but you will.Just be prepared for it and make sure you have a high enough bankroll to counter the variance..a good guide is 25-35 buy ins for cash.e.g for 25nl,you would need a balance between 625-875,and also its recommended that you buy in for 100bbs...gudluck
 
The Messiah

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1k bankroll, play 25nl imo

well obv it boils down to talent and overall ability but yep i suppose the more the better,it will give you a bit more peace of mind knowing that you have that extra bit of leeway for sure..
but if you blow a bankroll of around 700 at 25nl ur just doing something wrong imo.
 
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RSdavid46

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ok im not saying i am or will start playing these right now, i am currently playing NL25 with my bankroll so im not worried about that now.

I just wanted to want some advice about the fact that lets say, i buy into a table for 10$, reach 20-30$ within 30mins-1hour and then i just stop. I cant get any decent hand i dont know how this works, 90% of the time its exactly the same. Do you think i should leave the table after i double my buy in and then buy in again for the minimium amount ?
 
micromachine

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RSdavid46;1892420I just wanted to want some advice about the fact that lets say said:
Buying in for the minimum amount just reduces the amount you can potentially win, much better to stack that fish with your set and win a $50 pot than a $20 pot :D

No point leaving when you double up either, just be wary about playing big hands vs other big stacks (if there any). I stop when I feel tired or start losing concentration, my sessions are 2-2.5 hours long normally
 
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RSdavid46

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yeah but when i do double up or even triple i play so tight that i cant stack more it helps when i leave the table and start over.

If i had 1k$ i wouldnt mind playing NL10 (10$ buy ins 100k = 100 buy ins) to stack up to a bank roll enough for me to play higher tables but i get bored playing these thats why i wanted some advice for restricting my play.
 
micromachine

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I really don't get this, first you said you wanted to play 200nl with a 1k BR and now you're saying you wouldn't mind playing 10nl with a 1k BR...you've gone from terrible BRM to nittiest nit BRM!
 
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RSdavid46

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Ok, let me say this again and properly now. I want to build a bankroll. I have 1k right now and the most sensible way will be nl10 multi-tabling but i get easily bored so at the end of the day i will most likely end up playing the nl200.

I would like some advice to restrict myself to play what i can which is the nl10 rather than play for the highest table i can buy in for.

I hope you understand now.
 
micromachine

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I do :)

If you are on Stars, you can set a table limit, which prevents you from joining any tables over that limit. That is what I do. Other sites probably have it too.
 
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RSdavid46

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yess thank you, thats exactly what i was looking for. Could you please tell me how to set these limits as i cant find it anywhere in the software?
 
micromachine

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I'm at work so can't look now but search through the dropdown menus at the top of the screen, under one of those there is something called 'responsible gaming' I think, and you can find it there.
 
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hawtshawt420

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I used to use the table limits. Mostly because it takes 24 hours to move up but goes down immediately, so that helped with bankroll management.
 
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