Originally Posted by Foxhound3857
I'm going to start playing in $2-$5 online sit-n-gos at Lock Poker on an initial deposit of about $25. I was wondering if it's possible to build a decent bankroll off of this ($200-$300 or so) with proper strategy and patience, and if so, can anyone offer advice in this regard to maximize my chance of securing my ROI?
I learned a lot of my hold'em strategies from TurtleKnife on YouTube (Marty Smith), and practiced in play-money tournaments for three years now. I've won a 180-player sit n go and placed 55th in a 7000-player tournament, so I think I have at least a basic grasp of pro strategy (and I play very tight until the ITM stages) but I'm always up for advice from the pros.
Don't play tournaments, huge variance. Profitable players grind $2-$5 sng's at about 50% ROI; and you're bankroll is too low for those stakes. Move down, way down, to 2c cash and max 50c sng's. Grind your way up to about $100 (should take a month or two) then start add a couple of 1.10 tournaments. No more unless you can satty in. A 30% ROI with an In the Money percentage of around 50% will get you about 1k pretty quickly (and by pretty quickly, I mean after about a month or so). Once you have that, move up to 10nl; where you'll start making a bit more money. Move up/down dependent on how much you lose/win. Very important: don't do what I do, which is come home from a bad day and tilt-spew off your entire bankroll playing 25nl. Also, if you're in uni, do not, do not, I repeat do not play after going to a house party/rave. Never ends well.
Good luck at the felt.
Seems I do suck quite bad. I've blown $20 out of my $25 deposit, and now my dad is mad at me for even trying this (I'm 23, but I live at home since I'm in college, and he thinks someone is gonna steal all my money from my account now that I used it to make a deposit).
Some were bad beats, some suckouts, some bad plays. All were learning experiences, but I feel like I'm getting nowhere, and this might not work out for me.
Ban yourself from the tables for a month, read all the articles on this site on poker strategy
. Then, when you feel you understand, and after the ban, log back in and deposit another 20. Play 1c/2c, no more, no less, and make sure not to budge an inch from those stakes until you're in profit. Post hand histories on this site; there are a lot of reg's who will give you pretty detailed analysis of where/when/how you went wrong.
Also, a large part of the reason why you're losing is because you've only played play money before. Play money is godawful for learning real poker, case in point, play money: I'm up 3 million; real money, down £30.00