My last chance...

Hey guys.
I busted my bankroll 2 times.
Ill give myself 1 more chance to build a bankroll at online poker, maybe isnt poker for me?
But what I would like from this thread is some sort of sedule.
Give me a detailed guide like: how much should I deposit/which mode should I play/lilke 200 $1 SNG's or 5000 hands on 1c2c cash game 6max or 9 max.
just tell me everything. The more details the better. I would like to play on 888 poker because am used to the software now. Ill pick on of the schedule to try out. And after I finished it ill tell my results.
Sorry for my bad english.
Thanks alot

BaZzZoO said:

Hey guys.

I busted my bankroll 2 times.

Ill give myself 1 more chance to build a bankroll at online poker, maybe isnt poker for me?

But what I would like from this thread is some sort of sedule.

Give me a detailed guide like: how much should I deposit/which mode should I play/lilke 200 $1 SNG's or 5000 hands on 1c2c cash game 6max or 9 max.

just tell me everything. The more details the better. I would like to play on 888 poker because am used to the software now. Ill pick on of the schedule to try out. And after I finished it ill tell my results.

Sorry for my bad english.

Thanks alot

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Were you rolled for the games you were playing when you went busto?

Jblocher1 said:

Were you rolled for the games you were playing when you went busto?

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1 time on pokerstars and 1 times on 888 Poker.

How long have you been playing poker?

Fknife said:

How long have you been playing poker?

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around a month I think?

BaZzZoO said:

around a month I think?

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Oops

And how much you have lost so far?

el_magiciann said:

And how much you have lost so far?

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$40

Its not that bad just read some holdem books and learn sth bout Bankroll management.

BaZzZoO said:

around a month I think?

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This says it all...

Fknife said:

This says it all...

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Your going to lose those small deposits pretty much every time. Poker is brutal like that.

pcgnome said:

Your going to lose those small deposits pretty much every time. Poker is brutal like that.

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Not necessarily.... It's a grind but it's very very doable to build up from a small deposit. It just requires immense patience and the ability to not tilt away winnings and solid BRM

You need to try to gain experience by playing freerolls rather than depositing $20 here and there, once you have a lot more experience and knowledge then deposit. If you deposit again now you may as well throw that money out the window. Good luck with whatever you do.

JonPM said:

Give up now

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This is not good advice. If I gave up when I was a losing player I never could have become a winning player.

In some ways being a losing player in the beginning is a good thing. Why? Because losing actually creates a drive to get better. Similarly to how when there is a need for a product.... Someone will create it, when someone sucks at poker it can establish a will to make yourself better.

Now this guy came here, asking for advice.... And it would be wrong of us to tell him to quit when by approaching us on this forum and when he does that he creates a need and desire to improve and therefore discouraging him from continuing is wrong.

The end

Jblocher1 said:

This is not good advice. If I gave up when I was a losing player I never could have become a winning player.

In some ways being a losing player in the beginning is a good thing. Why? Because losing actually creates a drive to get better. Similarly to how when there is a need for a product.... Someone will create it, when someone sucks at poker it can establish a will to make yourself better.

Now this guy came here, asking for advice.... And it would be wrong of us to tell him to quit when by approaching us on this forum and when he does that he creates a need and desire to improve and therefore discouraging him from continuing is wrong.

The end

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Good points for sure

I think that the intention that many of us had was that one month of playing poker is probably not the best foundation with which to start a bankroll that you'll regret losing.

I suggest to OP that you check into some of the freerolls. They are a no-risk way to learn poker and to test out new strategies, and you can save your hard-earned money for when you feel a bit more confident in your skills.

In the interim, study, study, study, as others have suggested here.

Wishing you success on your journey

I think the OP approached poker with the wrong mindset. With the 'I went busto twice now and this is my last attempt' I can't help but to think he believed poker was easy and would just show up at the tables and make money.

To answer the original question it would depend on how much can you afford to pay to learn. You could freeroll a bankroll but that is a long hard road to travel and IMO doesn't do much for you as far as confidence. If it is affordable then I would say play around some, maybe 20-30 buy-ins for various formats so to see what type of games you do best in. Track you results and judge whether you play best at turbo SNGs, regular STTs, big MTTs, full ring, or 6 max. Stick to what you are good at and practice other formats with profits.

It is too difficult for anyone to give you a schedule to follow without knowing more about what you are prepared for, comfortable with, both financially and emotionally let alone what skill set you might have gained from only a month of playing.

I say don't give up but give in. Give into poker by accepting what already happened, and don't allow that defeat get in your way the next time. Its pretty easy to get result oriented and remember how we go bust from time to time. Im looking to start over as well and i think i finally understand how things work online.. its alot of work. poker is never easy.

My advice to you is to play freerolls lots of freerolls.

That way you will try all kind of opponants, you can try the effect of variating your game and it wont cost you anything.

I have been playing poker for almost a year now, I started like you with small deposit and went broke pretty fast. Then I started to play freeroll. I find out about the Pokerschool at Pokerstars and read my way trough that.

Suddenly poker wasn't just my two pocketcards I started to study other players and so on.

I played Open Skill League and qualified for Premier Skill League the following month.

Winnings in freeroll kept me above 20 VPP and I stayed in the League for some months.

I won an Open Skill League tournament and a price of 5 $ every month I got cashed from League due to my placing in the money of leaderboard.

Right now I am in the top 50 of Premier Skill League and I won Guys vs. Gals tournament 3 yesterday.

But I still dont feel ready for deposit. Why?

I just don't.

JonPM said:

Give up now

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Don't give up. Instead, make another deposit and please do let me know which table you will be sitting at...

...on a serious note, it seems you do not have respect for the game of poker. To expect to become consistent after only one month of playing is like expecting to teach at Oxford University after spending a semester at community college.....

Now I am not offended at all because most people do not understand; they do not respect just what it takes for professional poker players to do what they do on a consistent basis. I wouldn't say you are "not cut out" for it either based on you losing two measely bankrolls of $20 each. I'd be more prone to say Gus Hanson is not cut out for it (a poker pro who is reportedly down over $18,000,000) than to say you are not.

But I am not sure you have given yourself a chance to know whether or not you are cut out for it. You clearly have an interest but how deep does that interest run? Are you lured in by the prospect of easy money? do you truly enjoy the game of poker? These are questions you should ask yourself.

As far as bankrolls are concerned I would say go ahead and deposit again BUT I wouldn't be depositing back to back. This is to say, once I lose a bankroll, I am not one to immediately deposit more funds and try again. to me, that would be just stupidity because what have i learned? I lost moneyt he first time so I need to be a little more prepared the next time I try again.

With that said maybe this kind of "schedule" would work for you:

DO NOT deposit funds again UNTIL you have read at least one book on Poker. A book I would very highly recommend is BILL CHEN'S "MATHEMATICS OF POKER." Now you should decide if you want to start out with cash games or tournaments. Books by Dan Harrington have been very informative in my opinion as well and they even come with workbooks where you are tested on knowledge you should have acquired from reading the book. Harrington has books on tournament play as well as cash games so you can pick and choose where you would like to start this poker journey.

So read a book and deposit again...if you lose that then read another book and deposit again......if you lose that then decide if you want to keep on going. Of course along the way it wouldn't hurt to also try to figure out what you are doing wrong and to try not to repeat those mistakes. I personally do not like to deposit funds too soon after having lost a bankroll; i feel there needs to be some kind of justification for me to re-deposit (i.e. i acquired new information, found some leaks in my game which I plan on actively plugging, and etc...)

I do wish you much luck.

If you've only been playing poker for a month then theres is no way in hell you should be playing real$! If you have gone broke twice its time to regroup..If I were you I would recommend spending some time in play money games...yes they are donkfests...however its a great place to learn and once you've beaten it you know your ready for the micros...Play freerolls aswell...the pokerschool open league and BankrollMob are two easy ones to get access to...and there are many many play$ homegames on Pokerstars where you can learn and they have games running...After I came back from my 1 1/2 year poker break in December 2012 I spent 8 months in play$ and it completely helped as I continue to crush Carbon nowadays..advice for all...IF you are new to poker do not start in real$ games!!! Start out in freerolls and playchips as your not gonna make millions overnight!

Yeah, I agree with what everybody else says.

Play a ton of freerolls. Like, a TON. Easy way to learn. And plus, when you win, then you have a mini bankroll to work with.

As I can see you don't have many posts, my advice would be to try to get into the CC freeroll club. That would also encompass you posting a lot (which will help you learn!). I was a losing player for quite a while, but if you really want to be a winning player I would suggest reading the forum, and playing a ton of freerolls.

Good luck OP

The most important factor in becoming a winning player isn't what games you play. It's improving your game enough and actually playing well enough to be +EV vs the opponents you face. Fortunately, at the entry-level stakes, the overall level of the competition is such that this isn't particularly hard.

That said, it's also not completely easy. It does take some work / study. The amount necessary varies from person to person. You can learn just from playing, but that's not the fastest or the best way.

And how important is $40 to you in the context of your life? Here in canada, it's enough to pay for a few movies - let's say 10 hours' worth. In terms of entertainment value, how many hours did you get from your $40. I suspect a lot more than 10.

As a beginner, you shouldn't play poker with money you can't easily afford to lose. So if losing $20 every couple of weeks really matters to you, then don't take that risk. If you can easily afford it, then what's the problem if you continue to do so even if your learning / improvement curve is very slow?

Jblocher1 said:

Not necessarily.... It's a grind but it's very very doable to build up from a small deposit. It just requires immense patience and the ability to not tilt away winnings and solid BRM

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That's a very optimistic point of view. I'm not saying it's impossible to build up from a small BR... It just isn't the best way to do it. You need extra cash to cushion yourself from the inevitable downswings that are going to come along.