NEED ADVISE!

J

jmeff66

Rising Star
Bronze Level
Joined
Dec 22, 2013
Total posts
2
Chips
0
So I am new to poker, only been plalying a few months. I deposited $100 into an online poker account. I was going okay until I lost it all in one night. ugh. This is what happened. I was playing those double or nothing tournaments which are pretty much all luck. I lost a few so I started chasing my loses. I started playing higher and higher stakes until I lost it all. I'm gonna deposit another hundred but I wanna ask you guys some things first:

1) is it worth it to play sit go's? or is it a waste of money?

2) are cash games Ideal for making profit?

3)How do you stop yourself from going on tilt or chasing your losses?

4) what game should I playing? what stakes should I be playing with a $100 bank roll?

thanks guys
 
aa88wildbill

aa88wildbill

Visionary
Silver Level
Joined
Dec 13, 2012
Total posts
647
Chips
0
Between $1.00 and $5.00 on the double ups. The days that you aren't catching cards, or somebody always has a little bit of a better hand, you need to get away from it. There's an old saying don't throw good money after bad! Some days you'll be making money on the cash tables, some days you'll be making money on a sit & goes, some days on both, some days on neither. Sounds like to me you're trying to force the game, instead of letting it come to you. You don't have to play poker every day in order to make money, just on the days you're winning.
 
nitulbhatia

nitulbhatia

Legend
Bronze Level
Joined
Nov 7, 2010
Total posts
1,421
Awards
1
Chips
44
Let me share my experience with you. I made a few 100$ deposits onto full tilt poker when it was under the pyramid ponzi scheme managerment control (this was in 2010 i think). Trust me keep a stop loss because chasing losses is the worst thing you can do in poker. Chasing losses is the worst thing you can do in stocks, bonds and commodities also.

Drop down in limits and gradually rebuild. Read a bit on this forum, actually read a lot on this forum to understand more and then make your next move. Dont blindly re deposit without doing the above. Read a lot about bankroll management and follow proper bankroll management. Even after doing all this you still can lose, so set a limit and if u do lose treat it as entertainment expenses and try and win it back with freerolls (which may take a long long time) if your losses exceed a limit. Good luck.
 
Last edited:
R

ravpl

Rock Star
Silver Level
Joined
Nov 11, 2013
Total posts
224
Chips
0
1) No is not waste of money if u play correct.
2) I don't play cash games but my friend play it and he is making profit from playing cash games.
3) if i am on tilt i stop play this day (need know that sometimes we lose by bad beat or cooler)
4) 75-100 BI (stt), 100(1000players); 200(1000+) (mtt)
Read some articles about Bankrol Managemant.
Bm is very important for making profit.
 
lulu pk

lulu pk

Legend
Silver Level
Joined
Aug 11, 2013
Total posts
3,303
Awards
10
Chips
0
Hi, jmeff66
Never chasing your losses when you are on tilt,take a break.
Whit $100 bank roll play $1 sng or mtt.
1% of your bank roll invest in the tournaments or sng, is the best play to not deposit another hundred...
GL on the tables.
 
DrazaFFT

DrazaFFT

public static void
Bronze Level
Joined
Mar 9, 2013
Total posts
6,188
Chips
0
Sorry to hear that you lost it all friend, but it happens to all of us and what you need now is to make the most of that lost and promise yourself "this was my first and last busto!!!!", you mostly gave yourself an answer in first post for what not to do in future, dont chase losses, dont move up when loosing/tilt etc DON are good to start grinding if you take a look at golden archive section you can find a DON challenge with concept how to play, take a look or if you cant find it i can link you...


$100 is a nice start, give you a loot room for swings which you will have while playing no madder what you play cash or sng/mtt, from my perspective i would advice you to play 2nl you will have 50bi which is more than enough to secure you to not get busto till you find optimal play for that limit...

Or if you are more comfortable to play mtt or don i would again say play the lowest possible till you see that your bankroll in increasing...

Read articles here, post your hands and additional questions and youll see progress really fast...

Good luck at the tables!!!!
 
el_magiciann

el_magiciann

Legend
Silver Level
Joined
Sep 8, 2013
Total posts
1,971
Chips
0
On my opinion it is not worthy to play sit go's, because it is wasting time at all you can make small profit no matter how good you are. On the other hand cash games are good for making good profit but you need to feel comfort at the table, and play carefully when you feel you don't get the right cards and you play bad you should take a break before next session. And it is essential when you lose some to avoid chasing your losses because it is even more unprofitable and harmfull for your bankroll.
 
DrazaFFT

DrazaFFT

public static void
Bronze Level
Joined
Mar 9, 2013
Total posts
6,188
Chips
0
This is not 100% true, stt sng and don can be really profitable specially if you are learner because you can start winning quicker than in cash game, for example in 9 pl sng if you are first you win 50% of total buyin minus the rake it is more than 4 times your investment, how often you are up 4bi at one table cash game. But playing cash will make you sharpen your pot odds hand odds equity skill that you might overlook in sng specially at don so i would also advice cash over sng for learning and improving but don and stt for slow and steady grinding
 
Arjonius

Arjonius

Legend
Silver Level
Joined
Jun 8, 2005
Total posts
3,167
Chips
0
Maybe you can find some tricks that will help improve your self-discipline. However, for those tricks to work, you need to be sufficiently motivated to exercise some degree of self-discipline in the first place. Recognizing that chasing losses is a leak in your game is a necessary first step. But even more importantly, what are you going to do to remain aware and to decrease the chances that you'll backslide?

There's no magic pill that works for everyone or even for a lot of people. If there were, then only a few uninformed people would have this problem. It's likely that the best way for you to address it is to look at what helps you to be more self-disciplined when you need to be outside of poker, and to see about using or adapting those things in relation to your poker game.
 
chipstacker

chipstacker

Rock Star
Silver Level
Joined
Dec 7, 2013
Total posts
131
Chips
0
Don't feel bad. Did the same thing last night. Lost 200, and then continued to lose 300 more just trying to get that money back. Last hand went out to a four of a kind with an ace high full house. Why is Lady Luck out to get me. On my way home a black cat walked by me as I stopped at a stop sign. Think I'm gonna give the game a break and only play freerolls for a while. With a 100 dollar bankroll its best to start at the .25 NL tables. If you work your way up to 150 then you could try a bigger limit with that 50. If you lose that go back to the smaller limit tables.
 
D

dave1957

Enthusiast
Silver Level
Joined
Feb 7, 2005
Total posts
46
Chips
0
With $100 in the site. sit and goes are the way I go, with 1 to 5 dollar games. If I play cash it only 2 cent and 4 cent and that to low. for a return on your money.
 
gtothec

gtothec

Enthusiast
Silver Level
Joined
Dec 9, 2013
Total posts
54
Chips
0
Don't feel bad. Did the same thing last night. Lost 200, and then continued to lose 300 more just trying to get that money back. Last hand went out to a four of a kind with an ace high full house. Why is Lady Luck out to get me. On my way home a black cat walked by me as I stopped at a stop sign. Think I'm gonna give the game a break and only play freerolls for a while. With a 100 dollar bankroll its best to start at the .25 NL tables. If you work your way up to 150 then you could try a bigger limit with that 50. If you lose that go back to the smaller limit tables.
this is terrible advise
this will give you 4 buy ins from a $100 roll.
u need at least 20 and if youre still learning probably more.
 
C

cotta777

Visionary
Silver Level
Joined
Dec 27, 2012
Total posts
868
Chips
0
you need to be realistic in how much you want to win.
and you need to be good enough to beat the games.

once you can do both of these things you need to be able to play consistantly solid non result orientated poker in which you focus only on making the best decision to your knowledge in order to bring the most positive result long term.

In a nutshell - have a realistic target based on your results and have a solid understanding of the game
 
Vfranks

Vfranks

Legend
Silver Level
Joined
Jun 9, 2009
Total posts
2,181
Awards
1
Chips
1
Seems like you have a lot of learning to do. There are lots of players who profit from DoNs, and they are not just luck. You should read some strategy articles in the Golden Archive. One post above said there was a good one on DoNs. Another thing you should research is Bank Roll Management, also known as BRM for short. One thing you should never do is chase your losses by moving up in stakes. Also, if you want to pay SnGs, maybe you should look up Win Rates and ROI (return on investment). That way you can get an idea of what kind of return you should be expecting. Starting from a $100 bank roll, you aren't going to be playing for big bucks right away.... it is going to be a long grind. You have to ask yourself if you want to play for fun, like you have been, or put in the time and effort to become a winning player. A lot of payers will agree that you need to study almost twice as much as you play. So if you play a 2 hour session, then you should be putting in 4 hours of study time.

Good Luck! and if you have any questions feel free to ask.
 
trolaAa

trolaAa

Rock Star
Silver Level
Joined
Dec 21, 2013
Total posts
274
Chips
0
Dear jmeff66 :)
It is worth to play cash games but limits that allow your bank.
$ 100 I think you should play at low limits as 0.5 / 0.10 $ sit and go or cash games.If you want to sleep normally at night and never dream cards ...if you lose more than 15% of your bankroll get up and go out.
 
long_bong

long_bong

Legend
Silver Level
Joined
Mar 19, 2005
Total posts
1,766
Chips
0
So I am new to poker, only been plalying a few months. I deposited $100 into an online poker account. I was going okay until I lost it all in one night. ugh. This is what happened. I was playing those double or nothing tournaments which are pretty much all luck. I lost a few so I started chasing my loses. I started playing higher and higher stakes until I lost it all. I'm gonna deposit another hundred but I wanna ask you guys some things first:

1) is it worth it to play sit go's? or is it a waste of money?

2) are cash games Ideal for making profit?

3)How do you stop yourself from going on tilt or chasing your losses?

4) what game should I playing? what stakes should I be playing with a $100 bank roll?

thanks guys

:listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen:


1) is it worth it to play sit go's? or is it a waste of money?



Yes it is. Never a waste if your a winning player.



2) are cash games Ideal for making profit?



Absolutely, but only play limits or games you can beat.




3)How do you stop yourself from going on tilt or chasing your losses?



Set a stop loss point early if your not mentally able to take certain losses or beats. Do hand reviews and or session reviews after each loosing session and go over them to assure variance is why you lost and that you made the right plays and be happy with this and not the final results. They will come.




4) what game should I playing? what stakes should I be playing with a $100 bank roll?



100$ bankroll give yourself 50-75 buyins for sitngoes, 100 min buyins for mtts and id say min 40-45 buyins for cash/ring games.
Your bankroll is your hammer or pipe wrench or pen or screwdriver or scalpel. Its a poker players tool at work. Don't look at it as a dollar amount. Once your able to do this there is no looking back.


:listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen: :listen:
 
glenn6971

glenn6971

Rock Star
Silver Level
Joined
Jan 10, 2010
Total posts
154
Chips
0
Seems like you need to evaluate the mental part of your game.
 
LeanAndMean

LeanAndMean

Legend
Silver Level
Joined
Sep 2, 2007
Total posts
1,560
Awards
4
Chips
0
SNGs are your best bet imho. $5 level
 
hobonc

hobonc

Visionary
Silver Level
Joined
May 28, 2010
Total posts
854
Chips
0
So I am new to poker....


Here is some basic solid advise for you if you are new:

1. Take time to learn about the game through reading what successful people have written. There is a ton of stuff right here on Cardschat. One of the first subjects should be bankroll management. Others, in no particular order are:
* equity - the chance of you cards winning the hand
* pot odds - the cost of the risk vs the reward
* position play - how to play certain hands in certain places at the table
* Identifying villain playing styles
Find and read stuff about these things.

2. You must also actually play to reinforce what you learn through research. You'll follow BRM strategies to limit the effect of variance (times when the lowest percentages of occurrence happens). For the vast majority of new players this also limits the "cost" of learning solid poker skills. Because of that I also suggest you play in as many freerolls as time allows you. Even if your bankroll stays steady. You need that experience. Just remember that only when the donks get weeded out does it become more like actual micro-stakes poker. If you can't cash in about 1 out of a dozen or so FR's then you need to continue to play them for the experience.

So, with $100, If I were you I would only play $1 MTT's and $2 SNG's and all the freerolls possible.
 
long_bong

long_bong

Legend
Silver Level
Joined
Mar 19, 2005
Total posts
1,766
Chips
0
Here is some basic solid advise for you if you are new:

1. Take time to learn about the game through reading what successful people have written. There is a ton of stuff right here on Cardschat. One of the first subjects should be bankroll management. Others, in no particular order are:
* equity - the chance of you cards winning the hand
* pot odds - the cost of the risk vs the reward
* position play - how to play certain hands in certain places at the table
* Identifying villain playing styles
Find and read stuff about these things.

2. You must also actually play to reinforce what you learn through research. You'll follow BRM strategies to limit the effect of variance (times when the lowest percentages of occurrence happens). For the vast majority of new players this also limits the "cost" of learning solid poker skills. Because of that I also suggest you play in as many freerolls as time allows you. Even if your bankroll stays steady. You need that experience. Just remember that only when the donks get weeded out does it become more like actual micro-stakes poker. If you can't cash in about 1 out of a dozen or so FR's then you need to continue to play them for the experience.

So, with $100, If I were you I would only play $1 MTT's and $2 SNG's and all the freerolls possible.
Well put.:)
 
Arjonius

Arjonius

Legend
Silver Level
Joined
Jun 8, 2005
Total posts
3,167
Chips
0
2. You must also actually play to reinforce what you learn through research. You'll follow BRM strategies to limit the effect of variance (times when the lowest percentages of occurrence happens). For the vast majority of new players this also limits the "cost" of learning solid poker skills. Because of that I also suggest you play in as many freerolls as time allows you. Even if your bankroll stays steady. You need that experience. Just remember that only when the donks get weeded out does it become more like actual micro-stakes poker. If you can't cash in about 1 out of a dozen or so FR's then you need to continue to play them for the experience.

So, with $100, If I were you I would only play $1 MTT's and $2 SNG's and all the freerolls possible.
I wouldn't put as much emphasis on playing freerolls, at least not the ones with hundreds or even thousands of players. At entry-level stakes, unless you play or run pretty badly, a $100 BR will be enough to play quite a bit of poker. For example, if your current skill level is such that you will run -5% ROI in $1.10 MTTs, your avg loss will be 5.5 cents per tournament, meaning you can play over 1800 before you go broke.

And this number increases assuming you learn as you play, which will raise your EV, first to a smaller avg loss, then to BE. At that point, your main if not only threat of going broke will be variance.
 
G

GWU73

Visionary
Silver Level
Joined
Apr 18, 2012
Total posts
785
Chips
0
The cheapest 1 table sng is a fairly easy place to start and there are many articals about beating them. I would stay away from the double or nothing games there is not alot of gain for your risk. Once you can profit fairly steadily at the sng, I would recommend reading some books or watching videos on cash game play and start playing the lowest level cash games. There will be an adjustment period so I would start buying in fairly low, like 50-60 bb and increase this as you get better to 100bb buy ins. The reason I would start buying in light is in sit N go's you spend alot of time playing with <50bb, and the play is very different than when you play with 100 bb or more. Good Luck!
 
J

jancika77

Enthusiast
Silver Level
Joined
Dec 25, 2013
Total posts
52
Chips
0
I was profitable at sng's only when i played multiple tables. But for beginner it could be hard to do.
 
crusinnn

crusinnn

Rock Star
Silver Level
Joined
Dec 22, 2013
Total posts
424
Chips
0
These are some great advise I would be taking myself. To the OP, just like everyone suggested do no chase your loses. It's all about controlling your emotions, I can be a very focused player but when I looses big time I let my emotions get the best of me and messes up my bank roll. The best thing to do is play stakes that you are comfortable with. With 100 BR I would play $1-$3.50 s&g 27-180p and some .25 .50 tourneys and see how that goes. Just my 2c
 
Top