Any advice for building a bankroll on a small deposit?

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Foxhound3857

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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.

Thanks guys.
 
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spstevens

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Possible ? Sure but you are truly at the whim of variance in as much as one bad run along with the rake can break you fairly quick.If you don't mind reloading and play a sound game you will eventually run it up. (a good run initially will preclude any need to reload , just seems a likely event with such a small amount). Good luck.
 
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Yeah its possible.
You need to be a bit lucky initially as 25$ is not enough for good bankroll management.
As for the other question, pick the game you want to play and are good at, and play well.
Good play is always awarded over time.
Aint no real secret, just grind.
 
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Foxhound3857

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Possible ? Sure but you are truly at the whim of variance in as much as one bad run along with the rake can break you fairly quick.If you don't mind reloading and play a sound game you will eventually run it up. (a good run initially will preclude any need to reload , just seems a likely event with such a small amount). Good luck.

I played freeplay tournaments on pokerstars for about 3 years now, entirely sit-n-gos and NL hold'em tournaments (9-player tables), and I have around a 75% ITM rate. Although that's probably because there aren't any experienced players in the freerollers department. Mostly a lot of Russians who go all in with any 2 cards.

My strategy is pretty sound though. I think I'm what's known as a TAG player (tight-aggressive).
 
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prepare

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you have a chance, but it will be complete luck.

Not only do you need to be as good as you think you are (you might be), but you need good variance on top of that.

Also play money does not equal real money. The play will be tougher (especially since we don't know the stakes you played on play money)

My advice.

Well first I would tell you to deposit more, but.....

Go ahead, test the waters for real money, play this as an experiment. See how well you do, come back here for improvement,. Even the best need improvement (which, not to bring you down, your not the best)
 
OMGITSOVER9K

OMGITSOVER9K

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just save up?

or play smaller.

guessing that you've played sngs so you know what variance is like.

one cooler/suckout/bad play and you've lost 1/5 of your roll.

save up and deposit like $100 minimum and play the smallest games possible..

that way you won't go broke.

(also use a deposit bonus/rakeback)
 
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spstevens

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I played freeplay tournaments on Pokerstars for about 3 years now, entirely sit-n-gos and NL hold'em tournaments (9-player tables), and I have around a 75% ITM rate. Although that's probably because there aren't any experienced players in the freerollers department. Mostly a lot of Russians who go all in with any 2 cards.

My strategy is pretty sound though. I think I'm what's known as a TAG player (tight-aggressive).
When I wished you good luck in my reply it was meant in a friendly way , you will find money games quite a bit different as there won't be the easy double ups from the loose ATC plays nearly as frequently. Alot of people have built stacks from nothing or very small deposits , myself included . That being said it is not a cake walk grind , grind , grind and a fair amount of luck in the begining as one bad run or a tilt can destroy your roll entirely.
 
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The advice to start slightly smaller $1-2 level and see how you do is good advice.
If you place ITM in three consecutive tourneys move up a level and repeat the process.
This will reduce your variance until you have a stack size that you don't have to worry and teach you about how play changes from level to level.
 
Arjonius

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How much is your entire bankroll? This means all the money you are willing to use for poker no matter where it is (including still in your pocket), not just what you have on one site. To play at a given level, your roll should be at least 20 buyins. So for $5.50 games, at least $110. For $2.20s, at least $44. And note that 20x is a minimum, so 30x would be better.

If all you have is $25, then your choices are limited to $1 buyins.
 
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Foxhound3857

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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.

Man...
 
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doomasiggy

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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.

Thanks guys.

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.

Man...

Missed this.

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
 
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Foxhound3857

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Yeah, I'm gonna start posting some of my more questionable hands here and see what I'm doing wrong, where I can improve, etc. I think I'm being too aggressive in the early stages, so that's something to work on right there. Some of the players are nice and give me advice mid-game.

And thanks for the advice. I've got $5 left on this deposit (I might deposit another $40 later after I've done more research), so I'm gonna try some 0.50c + 0.10c SnG's and see if I can grind this back up.

Should I play 9-player SnG's or are 18's, 27's, and 45's okay too?
 
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doomasiggy

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Yeah, I'm gonna start posting some of my more questionable hands here and see what I'm doing wrong, where I can improve, etc. I think I'm being too aggressive in the early stages, so that's something to work on right there. Some of the players are nice and give me advice mid-game.

And thanks for the advice. I've got $5 left on this deposit (I might deposit another $40 later after I've done more research), so I'm gonna try some 0.50c + 0.10c SnG's and see if I can grind this back up.

Should I play 9-player SnG's or are 18's, 27's, and 45's okay too?

Fold pre. Like I said, ban yourself for a month, read up on things, basic things. Bet sizing, hand selection, basic positional awareness; then come back and deposit again. $5.00 is **** all tbh. You can easily loose 5.00 in one session playing good poker at the micros. Read up, get better, then deposit again.
 
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Foxhound3857

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If I lose this $5, I will definitely ban myself and research until my brain swells. But I'm taking your advice playing in some 0.60c SnG's tonight, and I'm actually finishing in the money on this one. Thanks for the suggestion, I was wondering what people meant by grind and variance, now I know.
 
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Foxhound3857

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Took your hand advice, played a little more aggressively with marginal hands, and won my first SnG (a $1.10 BI, won $4.50).
 
Jim Lahey

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I would not suggest playing that high with just a $300 deposit. I would only be playing 10nl. But of course i would be multi tabling, but good luck.
 
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Thats too high for your bankroll, variance could wipe you out in a flash. Jim is right..10nl should be your max. Free money play is an indicator of nothing. You sound like you have the basics but so don't a zillion other players. Slow your roll dude...thats something my kid might say and he would be right.
 
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Foxhound3857

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Thats too high for your bankroll, variance could wipe you out in a flash. Jim is right..10nl should be your max. Free money play is an indicator of nothing. You sound like you have the basics but so don't a zillion other players. Slow your roll dude...thats something my kid might say and he would be right.

I've been playing nothing but $0.60 SnG's today and I've had a consistent ITM rate. I was at $5 this morning, over $11 now.

doomasiggys advice was very helpful; I'm getting the hang of this now.
 
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Just follow good BRM and stay at the $1 or less range of SNGs until you are well over $100. On Merge you could play the $.60 Turbo or preferably the $1.08 DON SNG. Might want to avoid long shot tournaments. By all means don't feed a dead horse. Especially on that terrible poker network.
 
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I've been playing nothing but $0.60 SnG's today and I've had a consistent ITM rate. I was at $5 this morning, over $11 now.

doomasiggys advice was very helpful; I'm getting the hang of this now.

That's what you should be doing...60-cent Single SnG's until you at least get your intitial deposit back...then don't go any higher than $1 SnG's

Also play as many freerolls as possible to get more experience

After you double up your deposit and play close to 10K hands then you can look to step up and try higher-priced SnGs and tourneys

This is how I play as well...it works if you have the patience and discipline...all these tools are necessary so when you fall into slumps you can get through the rough patches

There's a ton of information and support here...use it

online poker has always been a different game from playing live, imo...joining this site has helped me a lot since I started playing online after a 5-6 year hiatus

If I had today's experience years ago.....fuggedaboutit*

Everyone has more or less been in your shoes, in fact I'm still running around in mine....you'll see my threads are quite similar to your questions as well, and there are plenty of other threads you can read to improve


Godd Luck to you
 
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Foxhound3857

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That's what you should be doing...60-cent Single SnG's until you at least get your intitial deposit back...then don't go any higher than $1 SnG's

Also play as many freerolls as possible to get more experience

After you double up your deposit and play close to 10K hands then you can look to step up and try higher-priced SnGs and tourneys

This is how I play as well...it works if you have the patience and discipline...all these tools are necessary so when you fall into slumps you can get through the rough patches

There's a ton of information and support here...use it

Online poker has always been a different game from playing live, imo...joining this site has helped me a lot since I started playing online after a 5-6 year hiatus

If I had today's experience years ago.....fuggedaboutit*

Everyone has more or less been in your shoes, in fact I'm still running around in mine....you'll see my threads are quite similar to your questions as well, and there are plenty of other threads you can read to improve


Godd Luck to you

Thank you sir. Sitting on about half my initial deposit right now, so I got my work cut out for me. If I somehow make it up to double my deposit, I'll move up to $1.10 SnG's.

And yeah, I'm playing all the freeroll tourneys I can. Usually 2 or 3 a day.
 
Samango

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Sitting on about half my initial deposit right now, so I got my work cut out for me. If I somehow make it up to double my deposit, I'll move up to $1.10 SnG's.

If you do well in these and do make it to $50 I would still keep playing lower stakes. Whilst it is possible to move up with that roll, it is also possible to lose it quicker, not because the play is so much better but just because, you are once again, trying to work with fewer buy-ins. If you have just changed to real money from play money give your self some time to get used to the play and players.
I would say stick with the lower stakes and enjoy having more buy-ins and greater protection against the variance that you will encounter. Its very likely that you will have some long runs of losing games, no matter how well you play. It helps a lot if you don't lose half your roll when that happens.

I wish you luck :)
 
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Foxhound3857

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Well, I won the first SnG this morning, but now I've had a string of losses, about 6 of them, all from bad beats. I'm getting really tilted at all the suckouts.

Should I be calling/raising at all with marginal hands like AJ, KQ, etc, or should I just fold anything that's not a pocket pair?
 
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Well, I won the first SnG this morning, but now I've had a string of losses, about 6 of them, all from bad beats. I'm getting really tilted at all the suckouts.

Should I be calling/raising at all with marginal hands like AJ, KQ, etc, or should I just fold anything that's not a pocket pair?

This should help
 
Poker Orifice

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lots of bad advice (& incorrect) in this thread

The advice to start slightly smaller $1-2 level and see how you do is good advice.
Yes! good advice ^ (but not to 'see how you do'... merely because your bankroll of $25 (or 12-20 buyins) is nowhere near large enough to cover yourself for inevitable swings (variance)
If you place ITM in three consecutive tourneys move up a level and repeat the process.
Absolutely NO!!! imo, this ^ is terrible advice. You need those 3 wins to pad your bankroll so you'll be able to weather the storm (as variance is inevitable).

READ THIS > It is not uncommon for even the VERY BEST online SNG (STT) players to easily go without cashing for 10 consecutive games (I'm talking the Phil Ivey's of micro & low buyin STT-SNG play, guys who play these games in their sleep). It is not only 'not uncommon', it is 'normal'.
This will reduce your variance until you have a stack size that you don't have to worry and teach you about how play changes from level to level.
last sentence is pointless & meaningless (w/o value) imo. You move up to a higher level when your bankroll can afford it & you stay there if you're able to win at that level (& your bankroll continues to support it)
How much is your entire bankroll? This means all the money you are willing to use for poker no matter where it is (including still in your pocket), not just what you have on one site. To play at a given level, your roll should be at least 20 buyins. So for $5.50 games, at least $110. For $2.20s, at least $44. And note that 20x is a minimum, so 30x would be better.

If all you have is $25, then your choices are limited to $1 buyins.
This ^

Seems I do suck quite bad. I've blown $20 out of my $25 deposit,
this doesn't necessarily mean anything at all. It's very easy to lose 5 games w/o cashing (read above, 10+ in-a-row w/o cashing is not uncommon). Although, you likely aren't quite as good as you may have assumed.

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.

Man...
You might not have what it takes to play the pokerzz. There'll be times when you'll have 300 game stretches where you're losing money (even for winning players,... players who've studied ALOT & have played ALOT of volume)
Don't play tournaments, huge variance. Profitable players grind $2-$5 sng's at about 50% ROI; < this is entirely INCORRECT!!! I doubt anyone playing SNG's has an ROI of +50% (although there may be some MTT-SNG playing the 45's who are close & maybe some that are an exception). Winning SNG-STT (single table tournament) players have an ITM (in the money) of ~39%-42% & ROI will range from ~+1% - +10% (for winning players... in micro/low stakes some winning players will have slightly higher ROI% but not mugh higher. Med. & HS SNG, winning players more typically have ROI +1% to +3%) 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). < doubt anyone maintains a 50% ITM at SNG-STT over any kind of half-decent sample size. 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.



Missed this.

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.
Banning yourself for a month just sounds ridiculous imo (for OP anyways). Spending an entire month just on studying/reading will be close to useless (imo) as your head will be overfilled with info. & will have you confused in a big way. Ideally you want to be playing & studying. And at first you'll probably want to split this time up maybe 2/3 to 3/4 of the time playing, 1/4 to 1/3 of the time studying/reading (< & even that will be overdoing the studying part imo).
Find a decent book & read it. Play some pokerzz.
Then if playing STT-SNG, pick up Collin Moshmann's SNG Strategy book. Read a bit... play some more. Read a bit more... play some more (& so on).

Stick to one type of format (good one to start out with is 9plyr. SNG's). Also, if you've been reading (or watching) a bunch of Marty's stuff then you'll have some understanding of the basics (although I can't say I agree with all of his play). Moshmann's book will turn you into a winning player in the micros for sure! (it'll pay for itself... & maybe you can pick it up from the library?)
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
Pretty hard to say why OP is losing when we haven't seen or witnessed any of their play (& sounds like a REALLY small sample size!!!). I'd assume that they're more likely playing too tight in mid-late levels (when they should often be open-shoving). Another possibility is they're 'calling OOP in mid-late spots where they should be rrai or folding. (< another common error by newer players to SNGs)
Yeah, I'm gonna start posting some of my more questionable hands here and see what I'm doing wrong, where I can improve, etc. I think I'm being too aggressive in the early stages, so that's something to work on right there. Some of the players are nice and give me advice mid-game.

And thanks for the advice. I've got $5 left on this deposit (I might deposit another $40 later after I've done more research), so I'm gonna try some 0.50c + 0.10c SnG's and see if I can grind this back up.

Should I play 9-player SnG's or are 18's, 27's, and 45's okay too?
Stick to one format (for awhile). I'd suggest the 9plyr. games at first. I'd also recommend starting out on 'regular' speed & to be avoiding turbos.

gl :)
 
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