Starting bankroll

P

Plima

Rising Star
Bronze Level
Joined
May 15, 2013
Total posts
6
Chips
0
I decided to play online poker little more serious than before.
I have solid experience in live poker sng and cash for a years, playing online from hobby, never been god enough to make money :).
The goal is only just to play and strategy researching, now counting how much money need for start. I will simply describe you my goals, want to hear other people's opinions and to see if my opinion is correct for starting bank.

Let's say, I want to play at least one year continuously,
just SNG's, MTT
average buy in around 10$,
average around 15 tournaments per day, for a year.

I'm expecting high negative r.o.i in first period. I'm not total chump :), will not lose every single play, but in the money %, will not be high for sure.

I would like to hear every possible suggestion, thank you.
 
Poker Orifice

Poker Orifice

FoolsTilt
Platinum Level
Joined
Jan 19, 2008
Total posts
25,811
Awards
6
CA
Chips
1,026
If you don't intend on depositing more than one time, you should probably have 100 to 200 buyins for MTT play (but... 'it depends' on size of fields you're playing). Also, in lowest buyins you can probably get by with fewer buyins (100 should do).
 
P

Plima

Rising Star
Bronze Level
Joined
May 15, 2013
Total posts
6
Chips
0
If you don't intend on depositing more than one time, you should probably have 100 to 200 buyins for MTT play (but... 'it depends' on size of fields you're playing). Also, in lowest buyins you can probably get by with fewer buyins (100 should do).

You conform my thoughts.
I want to deposit just once for longer period, small depositing mentally killing me, 100$,100$,200$.. :), than I'm just thinking on money. Many times in that situations, i'm like... why not to try this one 100-200$ buy in, maybe I will be ITM, so will return loss.

45 SnGs - 180 SnGs Turbo, bigger fields occasionally. 180 most of the time, that will be average in start. Later maybe bigger, depends.
 
A2345Razz

A2345Razz

Legend
Silver Level
Joined
Aug 4, 2012
Total posts
1,190
Chips
0
I might upset some regs...but I wouldn't start out at the 10 dollar level.

I would start playing like the 3.30 45 mans on Pstars if that is an option for you.

I would deposit like 500 bucks, and just grind them.
 
P

Plima

Rising Star
Bronze Level
Joined
May 15, 2013
Total posts
6
Chips
0
I might upset some regs...but I wouldn't start out at the 10 dollar level.

I would start playing like the 3.30 45 mans on Pokerstars if that is an option for you.

I would deposit like 500 bucks, and just grind them.

Interesting advice, thank you. Probably you are right, I need steady play, I'm not good grinder, I'm very compulsive and aggressive, the point of this whole thing is to come down my gambling nerves, because in matter of seconds very occasionally blow up everything, not mean just in poker, in life generally :) gambling on first place, I'm far from stupid guy-but my nerves are like TNT, on my forehead is written, "aggressive and tilting mfaker" :D
 
M

Mursilis1

Enthusiast
Silver Level
Joined
Apr 30, 2013
Total posts
78
Chips
0
Based on the information you gave, playing fifteen 10 dollar tourney a day and saying that your ITM wont be very good you could easily go a day or two or three without cashing. Its completly possible to run this bad and that would be 175 not cashing in one day and 525 dollars in just three days. Its hard to say really how much money you will need but if you have a negative ROI of say -20% and are playing 175.00 dollars in tourney a day for a year thats an average of about a 35.00 dollar loss per day for an total loss in one year of around 12,000 dollars. So if you actually played 15 a day at 11 dollars per buyin and had a -20% you will need at least 12 grand. I think we need to know your ROI to give a more accurate estimate of your bankroll requirments.
 
P

Plima

Rising Star
Bronze Level
Joined
May 15, 2013
Total posts
6
Chips
0
Based on the information you gave, playing fifteen 10 dollar tourney a day and saying that your ITM wont be very good you could easily go a day or two or three without cashing. Its completly possible to run this bad and that would be 175 not cashing in one day and 525 dollars in just three days. Its hard to say really how much money you will need but if you have a negative ROI of say -20% and are playing 175.00 dollars in tourney a day for a year thats an average of about a 35.00 dollar loss per day for an total loss in one year of around 12,000 dollars. So if you actually played 15 a day at 11 dollars per buyin and had a -20% you will need at least 12 grand. I think we need to know your ROI to give a more accurate estimate of your bankroll requirments.

Can't believe, what I think about ? I see now, how my assumptions are logically and mathematically absoultley terrible :) for period of one year.

I will try to simplify. My starting bankroll is 1000$.
What is best option for start ? What type of MTT(field size, players...) ? How much MMT per day? How much MTT from once at the time, one or more?
 
steveiam

steveiam

CardsChat Elite
Silver Level
Joined
Jan 9, 2013
Total posts
3,625
Chips
0
Based on the information you gave, playing fifteen 10 dollar tourney a day and saying that your ITM wont be very good you could easily go a day or two or three without cashing. Its completly possible to run this bad and that would be 175 not cashing in one day and 525 dollars in just three days. Its hard to say really how much money you will need but if you have a negative ROI of say -20% and are playing 175.00 dollars in tourney a day for a year thats an average of about a 35.00 dollar loss per day for an total loss in one year of around 12,000 dollars. So if you actually played 15 a day at 11 dollars per buyin and had a -20% you will need at least 12 grand. I think we need to know your ROI to give a more accurate estimate of your bankroll requirments.
Surely if your performance is this bad you are in the wrong game. Or am I missing something ?
 
P

Plima

Rising Star
Bronze Level
Joined
May 15, 2013
Total posts
6
Chips
0
Surely if your performance is this bad you are in the wrong game. Or am I missing something ?

You are right but, bad streak is possible. When 20% ROI is ok- for someone who is pro, -20% is very possible option for me.
 
Poker Orifice

Poker Orifice

FoolsTilt
Platinum Level
Joined
Jan 19, 2008
Total posts
25,811
Awards
6
CA
Chips
1,026
45 SnGs - 180 SnGs Turbo, bigger fields occasionally. 180 most of the time, that will be average in start. Later maybe bigger, depends.
Do you have alot of experience playing these games? (Turbo 45's & 180's). They are a total shovefest (meaning, you will need to know shove/fold game well). You can also expect huge swings in these (especially the Turbo 180's).
I don't play the Turbo 180's but know of others who do (good, experienced players) & am just going by what I've heard from them.
Personally I wouldn't start out on them.
Can't believe, what I think about ? I see now, how my assumptions are logically and mathematically absoultley terrible :) for period of one year.

I will try to simplify. My starting bankroll is 1000$.
What is best option for start ? What type of MTT(field size, players...) ? How much MMT per day? How much MTT from once at the time, one or more?
What site are you planning on playing on?
What exerperience do you have? (ie. have you played many STT-SNG, many large-field MTT's ...???)

If you're just starting out I would for sure stick with 'regular' speed & I would just start out at $2 to $5 buyin level, playing whatever MTT's were in lobby (reg. speed) & would add in some cheap 45man (regualar speed) SNG's & the $4 180man (regular speed) SNG (if on pokerstars).
$500 should be a decent amount (imo).
 
P

Plima

Rising Star
Bronze Level
Joined
May 15, 2013
Total posts
6
Chips
0
Do you have alot of experience playing these games? (Turbo 45's & 180's). They are a total shovefest (meaning, you will need to know shove/fold game well). You can also expect huge swings in these (especially the Turbo 180's).
I don't play the Turbo 180's but know of others who do (good, experienced players) & am just going by what I've heard from them.
Personally I wouldn't start out on them.

What site are you planning on playing on?
What exerperience do you have? (ie. have you played many STT-SNG, many large-field MTT's ...???)

If you're just starting out I would for sure stick with 'regular' speed & I would just start out at $2 to $5 buyin level, playing whatever MTT's were in lobby (reg. speed) & would add in some cheap 45man (regualar speed) SNG's & the $4 180man (regular speed) SNG (if on Pokerstars).
$500 should be a decent amount (imo).

I have very decent amount of poker experience, playing fora a years. I played on titan, full tilt, stars. Now just on stars because number of active players.
Generally, I played much more live than online, Holdem nl, Omaha nl (SNG one table, MTT(average 45mans), regular speed, fast speed cash games, much of everything) and live have much much better results, actually I'm constantly losing online and that fact is killing me. I don't know why but, I'm tilting very fast online, my shove game is ok, when playing live, but online is different story. I don't believe 100% in fold game, when flop is cheap, I'm paying from time to time. With limping combined with aggressive game post-flop, I made enormous cash on MTT live, even online.
 
M

Mursilis1

Enthusiast
Silver Level
Joined
Apr 30, 2013
Total posts
78
Chips
0
Ok so lets say you have 1000 dollar starting bankroll. If you wanted to make it last 1 year your loses can not be more than about 3.30 on average perday. So if you had a -20% roi that would mean your total buyins for the day should not exceed about 15 dollars. If your roi was better than -20% your total amount in buyin could go up. I recommend you use offical poker ranking.com this will help you keep track of your roi.
So in general my advice for game selection is this if your skill is below average play a game that has a bit more variance(luck). The more luck a game has the more likely a skilled player can be beat.. This would be a turbo, 5 min blind levels. In terms of the number of players 18-180. Play in the one you like or the one you do the best in. This is all just advice, the more info I have the more I could help you out. You can PM me if you want. I played heads up deep stack tourney on pokerstars for a living for 2 years until they blocked US players. My current goal is to become skilled at MTT's.
 
M

Mursilis1

Enthusiast
Silver Level
Joined
Apr 30, 2013
Total posts
78
Chips
0
actually loses cannot be greater than 2.80 per day in the scenerio i mentioned above meaning total buy in for the day could not exceed 14.00

my mistake for some reason I was thinking about 300 days in a year lol
 
M

Mursilis1

Enthusiast
Silver Level
Joined
Apr 30, 2013
Total posts
78
Chips
0
Surely if your performance is this bad you are in the wrong game. Or am I missing something ?

Not everyone plays for the same reasons. Some play for entertainment, social, thrill, pass time, money ect. -20% was just a made up number to. That could be his roi but I was just using it to show what the requirments for the year will be.
Completly hypethetical but if he was playing primarily for entertainment and his roi was -20% and he improved his game so that his roi was -10%. He would be getting the same entertainment for half the cost. ;) ;)
 
Prophet

Prophet

Enthusiast
Silver Level
Joined
Aug 4, 2008
Total posts
84
Chips
0
Decive what you want to play first and dont mix up games. I mean cash games with sng and mtt. Just focus on one of thease. And desposit at least 30bi for cash , 50 bi for sngs and 100 bi for mtts. Why to not mix them ? because on cash you play certain hands you would never play in mtts and vice versa soo is good for your game and learning process to focus on a single type of game. ( thats beeing a grinder and thats why grinders hate poker)
 
M

Mursilis1

Enthusiast
Silver Level
Joined
Apr 30, 2013
Total posts
78
Chips
0
Decive what you want to play first and dont mix up games. I mean cash games with sng and mtt. Just focus on one of thease. And desposit at least 30bi for cash , 50 bi for sngs and 100 bi for mtts. Why to not mix them ? because on cash you play certain hands you would never play in mtts and vice versa soo is good for your game and learning process to focus on a single type of game. ( thats beeing a grinder and thats why grinders hate poker)

Im confused by your advice. you say dont mix up games choose one and play it. I have no problem with that, but then you contradict yourself by saying deposit money for cash, sngs and mtts. If your saying only play one game why are you saying deposit to play other games.

My advice is if he is trying to learn a specific game and structure he should stick to that one game and structure. Its better to be a one trick pony at least in the beginning. If he is just playing for fun he should play any game that he enjoys playing.:)
 
Arjonius

Arjonius

Legend
Silver Level
Joined
Jun 8, 2005
Total posts
3,167
Chips
0
I suggest starting at the lowest level available where you play. If you start winning before long, you won't be there very long. Otoh, if you start off losing, you'll have plenty of BR to use while improving your game.
 
M

Mursilis1

Enthusiast
Silver Level
Joined
Apr 30, 2013
Total posts
78
Chips
0
I suggest starting at the lowest level available where you play. If you start winning before long, you won't be there very long. Otoh, if you start off losing, you'll have plenty of BR to use while improving your game.

I like Arjonius advice to. Nothing wrong with starting at the bottom and working your way up. :)
 
daredeviljo

daredeviljo

Legend
Silver Level
Joined
Apr 11, 2011
Total posts
1,407
Awards
1
Chips
6
Yes, but you should definitely try larger tournaments... And while playing these you must start out slightly tighter for the period of late registration, as it can be an extremely aggressive shove fest. But you must get the feel for the higher buyin, as there is quite a bit of skill level shifting from the 3.30 buyin and the 11.00 dollar buyins. In saying this, I hope you have a good run and Goodluck in your poker journey! :)
 
Bankroll Building - Bankroll Management
Top