Advice after losing 85% of bankroll?

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indahood193

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okay, this is only my second thread on this so bear with me haha. at the start of January i deposited $40 and my aim, unrealistically or not, was to get up to $1k. i started well and after the first month was up to over $200, then i had a good start to the 2nd month and was up to $400. however, since then i have just been doing rubbish- playing in maybe 15-20 tournaments some days and min cashing in one or two. i am now down to $60 and some tournament tickets as well as fpp's haha. i started off at the $0.50 sng's but now i mostly play $3-$5 mtt's because i am a bit bored of the lower ones and there aren't actually that many $2 and especially $1 tournaments.
i had a good run in the Saturday Micro yesterday and for a long period was inside the top 50 from around a thousand left to when i got ko'd in 81st losing AK v QQ. it's kind of frustrating as 1st prize is almost $5k and i only got $40- that would have put me well inside top 9 had i won the flip.
anyway basically i feel like i am playing a bit better now, but what would be your advice on building it back up? or should i just continue to play in these tournaments despite not really being rolled to do so? probably not i assume haha. cheers!
 
BvBrMTW

BvBrMTW

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if you play 3-5 games with a 400 roll you're asking to go broke as a MTT player.
as far as I know you should have around 200 BI behind AT LEAST for mtt's, as 100BI downswings aren't uncommon.
obviously with a 40$ roll this is gonna be hard, so I suggest giving large field MTT a break.
Play the 0.50$ 45 mans, even in these games you're not sure to not go broke, and with a decent ROI you'll only be making 7/8 cents a game, so it takes a lot of time and patience, but it's do-able.

Making a 1k BR out of 40$ has been done before, but you're going to have to be lucky, and ready to reload
You could also play 9man 1.50's, but these games will make you're game robotic.

Personally, I've build my BR from cash games, I started with 50$ playing 0.01/0.02, all the way up to 1k, but there I switched to mtt's and blew off 600$, so now Ive had to build it back up to 1200 playing cash.
What I'm trying to say is switching games can work out very bad, so switching to cash might not be the best idea.

Hope I've been helpfull, good luck!
 
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indahood193

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how do i actually reply to your post? because i am pretty sure this will just be like replying to my own one haha. i was playing the 90 man $0.50 sng's with almost $200- so like 400 buy ins. but since then my br management hasn't been as good as i suppose i haven't really been moving down. also, i think it may have something to do with me playing too many large field tournaments, and maybe too many tables simultaneously?
 
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only_bridge

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Poker is a swingy iternery.
And the end point is usually at the starting point. :)

People talk about variance, but the swings are greater in poker than would just apear by pure chance.
If caught in a downward spiral it will usually affect your game in a negative way and you will tilt and throw away equity.

You have pretty much already answered your own question, but just remember in the long run good play pays off.
 
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indahood193

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yeah that's true. i was just tilting there after flopping a set and the guy went all in with an open ender and hit on the turn in the micro millions tourny.
i played some $0.50 45 p sng's there but did not enjoy them in the slightest, played 6 and got one 4th or 5th or something. think i'll just enjoy my last $60 and play in some of the $3-$5 tourny's then deposit again after a break away from online poker if and when i lose the last of my br. but good advice anyway :)
 
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Tgen

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400$ down to 60$ mean three things

1. Tilt
2. Bad bankroll management
3. You have leaks and you need to improve

You understimated these mtts , any mtt including sngs have a big amount of variance sometimes you may not be able to win a flip at all , you may lose many 65/35 in a row. Its essential to control your tilting issues and also avoid high variance plays.

Many players switch to cash games after their first big cash in mtts because in cash games you can increase your bankroll much more safely , if i was in your place i would spend my last 60$ to 1$ Mtts , they are 60 Tournaments if you are truly good you will do at least one big cash otherwise you are probably not that good and it will force you to improve which isnt so bad and it happened to everyone. Playing 2$-3$ mtts is a suicide imo unless you get very lucky.
 
Kenzie 96

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If your objective is to avoid boredom, just treat poker as a hobby & keep depositing. You won't be bored & other players will appreciate it. Everyone is happy & helll, you could always get lucky.
 
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WiZZiM

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400$ down to 60$ mean three things

1. Tilt
2. Bad bankroll management
3. You have leaks and you need to improve

You understimated these mtts , any mtt including sngs have a big amount of variance sometimes you may not be able to win a flip at all , you may lose many 65/35 in a row. Its essential to control your tilting issues and also avoid high variance plays.

Many players switch to cash games after their first big cash in mtts because in cash games you can increase your bankroll much more safely , if i was in your place i would spend my last 60$ to 1$ Mtts , they are 60 Tournaments if you are truly good you will do at least one big cash otherwise you are probably not that good and it will force you to improve which isnt so bad and it happened to everyone. Playing 2$-3$ mtts is a suicide imo unless you get very lucky.

Best advice i've seen in the tournament section in a long time.
 
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Samweis3

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just stick to br managment rules or your money will fly away soon, i would not keep on playing bigger mtts than 1 dollar, varience is to high in this tourneys
 
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ph0n3_j4ck

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You should definitely not play anymore more tournies above 2$, maybe not even above 1$. You shouldn't even have lost that much because you should have stopped playing 5$ tournies when you noticed a big change in your bankroll. Utilize better BRM now cause your down to 85% of your BR.

But, hey, look at the bright side, you're +20$ since when you first deposited.. :)
 
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inflnlte

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One thing that you should easily control is bankroll management. You can't be playing a volume of MTTs and hope you can win some big money. MTTs can easily diminish your BR because even a good MTT player cashes 1 out of 5 times.
 
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indahood193

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thanks for all the replies i never noticed i got this many! haha. all very good advice, and yeah i can be prone to tiliting if i am being honest. although i try to avoid it and keep folding hands when i am annoyed. my br managent was great at the start, then when i moved up and lost some of my br i didn't really move down so was basically non existant. and yeah ofcourse i have some leaks i am trying to keep improving day by day though. thanks again everyone!
 
Poker Orifice

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As long as you're prepared to deposit again, I'd play $3 tourneys with the $60 (I'd way rather take 20 shots at $3 then 60x $1).
Personally, 'if' I were in your spot I'd play the 18man & 27man reg. speed sng's. Best bankroll builder imo.
 
Lucothefish

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As long as you're prepared to deposit again, I'd play $3 tourneys with the $60 (I'd way rather take 20 shots at $3 then 60x $1).
Personally, 'if' I were in your spot I'd play the 18man & 27man reg. speed sng's. Best bankroll builder imo.

Someone who struggles with basic BRM does not need this advice.
 
BvBrMTW

BvBrMTW

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As long as you're prepared to deposit again, I'd play $3 tourneys with the $60 (I'd way rather take 20 shots at $3 then 60x $1).
Personally, 'if' I were in your spot I'd play the 18man & 27man reg. speed sng's. Best bankroll builder imo.

regular 18/27 man's? are you trying to get him to quit poker? these games are sooo goddamn boring, just like 9man regular sng's.
Also, by playing 9-27 man's you learn playing exclusively these games, obviously you're a MTT player, and these games won't improve your mtt skills. with this bankroll you're going to gamble, so you got 2 options now (assuming your focus is mtt's.)
1. Play 45man's, but you said you don't like them, and trust me, NEVER play what you don't like.

2. Play 1-3$ mtt's, skill-level doesn't change in these games , so you can play any of them, you enjoy them and you do decent at them, so give it a shot, and be ready to reload/quit poker.
Also, (a lot of you will blame me for advicing this)
Another last option is playing rebuys which have A LOT of dead money at these stakes, now If you really want to gamble, play the 3.50 180 man's .
These are the softest MTT you'll find out there that have some serious prize money. only an option if you play turbo's tho, and only do it to get your BR over 100$, then stick to proper BRM.
 
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indahood193

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unofortunately i have lost that $60 now haha. but i am about to deposit again, and will take in a lot of these points that have been made in this thread so that i don't lose it again haha. not sure how much to deposit though haha.
about those $3.50 sng's, are they of similar standard to $4.50/ $2.50? also, what kind of br would you need to play these? as it gets weird with r/a i assume. i like the $4.50 ones the best but not sure what kind of br i would need for these and also if it would be better trying $3.50 ones as they are the only ones i haven't played from the $0.02> $8.00 turbos.
 
youregoodmate

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unofortunately i have lost that $60 now haha. but i am about to deposit again, and will take in a lot of these points that have been made in this thread so that i don't lose it again haha. not sure how much to deposit though haha.
about those $3.50 sng's, are they of similar standard to $4.50/ $2.50? also, what kind of br would you need to play these? as it gets weird with r/a i assume. i like the $4.50 ones the best but not sure what kind of br i would need for these and also if it would be better trying $3.50 ones as they are the only ones i haven't played from the $0.02> $8.00 turbos.

Min BR needed for MTTs is recommended to be about 100BIs. Many of my MTT friends use 200-500 BIs though, because variance is that bad.
 
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indahood193

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yeah well i was thinking about the $4.50 ones, but not sure if i am keen to deposit $1k haha. because these are sng's would $500 be okay and then just play $2-$3 mtt's?
 
Lucothefish

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unofortunately i have lost that $60 now haha. but i am about to deposit again, and will take in a lot of these points that have been made in this thread so that i don't lose it again haha. not sure how much to deposit though haha.
about those $3.50 sng's, are they of similar standard to $4.50/ $2.50? also, what kind of br would you need to play these? as it gets weird with r/a i assume. i like the $4.50 ones the best but not sure what kind of br i would need for these and also if it would be better trying $3.50 ones as they are the only ones i haven't played from the $0.02> $8.00 turbos.

Dude this isn't funny. Learn bankroll management or you'll forever be a fish, no matter how good you are.

For single table SnGs you could squeak by with a minimum of 30 buy ins for your chosen stake. If you're playing bigger than 9 mans or playing more than 2 SnGs at once it's more like 50+, if you're playing MTTs then 100 buy ins is a minimum.
 
kidkvno1

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unofortunately i have lost that $60 now haha. but i am about to deposit again, and will take in a lot of these points that have been made in this thread so that i don't lose it again haha. not sure how much to deposit though haha.
about those $3.50 sng's, are they of similar standard to $4.50/ $2.50? also, what kind of br would you need to play these? as it gets weird with r/a i assume. i like the $4.50 ones the best but not sure what kind of br i would need for these and also if it would be better trying $3.50 ones as they are the only ones i haven't played from the $0.02> $8.00 turbos.

Dude this isn't funny. Learn bankroll management or you'll forever be a fish, no matter how good you are.

For single table SnGs you could squeak by with a minimum of 30 buy ins for your chosen stake. If you're playing bigger than 9 mans or playing more than 2 SnGs at once it's more like 50+, if you're playing MTTs then 100 buy ins is a minimum.
^^^ This!!!
If you keep playing outside of your BR, you are just going to keep losing it again, and again!!!
 
WVHillbilly

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Best advice: Seek advice BEFORE dropping 85% of your BR.
 
Lucothefish

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Seeing the results has biased your answer :p
 
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indahood193

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it's a bit late now, it is gone. i am sure everybody loses their br atleast once during their life, and this was the 1st time i had a decent amount and was also moving up in stakes so don't think it's a disaster seeing as i basically just lost what i deposited- £28. i came 2nd/1000 on 888 poker the next day for $127 in only my 2nd tourny played on that so haven't even deposited and got $130.
i just deposited again on ps btw, hopefully won't lose it this time through bad br haha
 
SicKBeATz

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it's a bit late now, it is gone. i am sure everybody loses their br atleast once during their life, and this was the 1st time i had a decent amount and was also moving up in stakes so don't think it's a disaster seeing as i basically just lost what i deposited- £28. i came 2nd/1000 on 888 poker the next day for $127 in only my 2nd tourny played on that so haven't even deposited and got $130.
i just deposited again on ps btw, hopefully won't lose it this time through bad br haha

Pretty big misconception there as the way I read it you lost 400$. Just b/c you made a small deposit doesn't mean that's the amount you lost and if that's the way you look at it I would suggest withdrawing half of your br when you get a nice score.

That way when you deposit again atleast you can use your winnings ;)
 
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