Trying to Build my Bankroll.

[Sysvr4]

I was playing a 3/6 live table one day and won a decent size pot (not big, but not just the blinds either) and just honestly forgot to tip the dealer. He got noticeably pissy in subsequent hands, and then another player at the table won a similar sized pot and flipped him a dollar chip.

He immediately went into the most insincere monologue about "Thank you, sir! Us dealers really do appreciate those tips." and shot me a sidelong glance. I didn't tip that ****er a dime after that.

There's way too much social pressure to tip, IMHO. If the dealer is pleasant, funny, and doesn't deal me a ton of beats, I'll tip freely on almost every pot. But when a jerk like that looks upon it as an entitlement, I feel no remorse whatsoever skipping him... and the thing is, he's still at the same casino, and while he probably doesn't remember me, I certainly remember him.

 

[charlesmason]

hello this is my first hello post - I probably will have broken all the forum etiquette rules so sorry in advance but hello anyway and thanks and good wishes to anyone taking the trouble to read this - I really want to have a live chat about bank roll stategy as I am trying to re-adjust my game completely to being bank roll minded.

I will try and be as honest as poker possible. Recently I received a free $100 from a poker site + I added $300 and played mostly on $1/2 tables either one at a time or two a time - my aim is simply to make $200 a session however long it takes. Each day may have more up to three sessions. I have done this over say a couple of weeks 15th may to today 23rd may 8 days - I haven't reloaded yet since the first day and my roll is $3500 approx. I will admit to having to go back to $5/10 twice in that time as a short cut - if I have had a string of stack losses say 4 four in a row. Each stack loss will generally be $200 to $300 as I try not to build too much on a table if other players have built their stacks also. So if I have $450 on a table and another player has $500 I will cash out and go to another table to avoid an expensive all in. I keep my stack on the table at usually between $180 to $200 topping up as necessary.

( sorry - I only play NL THE 6 player tables cash games ) Normally I play $5/10 - $3/6 - $2/4 - $1/2 I do still occassionally succumb to both negative and positive tilt , but I generally keep that under control.

If I hit my $200 I will enter a tourney or something if there is one available.

Now my question is around stop / loss methodology.

Usually I lose say $400 in the first half hour before regaining $600 to $700 which can take 3 or 4 hours or more. At that point if I am ahead I am happy to turn the machinery off. Today I go on and and make $200 on the first hand. I think well thats a relief !! Free time I shut the machinery down and use the spare time to come on here. My question is - If I win say $220 + in the first ten mins or so should I carry on, or stick to the method of stop-loss per session ? I do not operate a loss stop, due to variance, if necessary I will use my whole stack to recover in a session if necessary as long as I am not tilting.

My aim is to achieve 30 X buy in ( 200 x 30 - £6000 ) on $1/2 before moving to $2/4 and $3/6.

I will leave this post here and thank anyone in advance should there be a reply. Plus I know that I have broken my own rules on the two occassions I went to $5/10 but I was trying to be honest in the post.

 

[dwolfg]

I was playing a 3/6 live table one day and won a decent size pot (not big, but not just the blinds either) and just honestly forgot to tip the dealer. He got noticeably pissy in subsequent hands, and then another player at the table won a similar sized pot and flipped him a dollar chip.

He immediately went into the most insincere monologue about "Thank you, sir! Us dealers really do appreciate those tips." and shot me a sidelong glance. I didn't tip that ****er a dime after that.

There's way too much social pressure to tip, IMHO. If the dealer is pleasant, funny, and doesn't deal me a ton of beats, I'll tip freely on almost every pot. But when a jerk like that looks upon it as an entitlement, I feel no remorse whatsoever skipping him... and the thing is, he's still at the same casino, and while he probably doesn't remember me, I certainly remember him.

You break etiquette and then get mad when the dealer, who relies on those tips to maintain his standard of living, gets upset? Sounds like a real jerk thing to do to me.

 

[thepokerkid123]

I will try and be as honest as poker possible. Recently I received a free $100 from a poker site + I added $300 and played mostly on $1/2 tables either one at a time or two a time - my aim is simply to make $200 a session however long it takes. Each day may have more up to three sessions. I have done this over say a couple of weeks 15th may to today 23rd may 8 days - I haven't reloaded yet since the first day and my roll is $3500 approx. I will admit to having to go back to $5/10 twice in that time as a short cut - if I have had a string of stack losses say 4 four in a row. Each stack loss will generally be $200 to $300 as I try not to build too much on a table if other players have built their stacks also. So if I have $450 on a table and another player has $500 I will cash out and go to another table to avoid an expensive all in. I keep my stack on the table at usually between $180 to $200 topping up as necessary.

( sorry - I only play NL THE 6 player tables cash games ) Normally I play $5/10 - $3/6 - $2/4 - $1/2 I do still occassionally succumb to both negative and positive tilt , but I generally keep that under control.

Welcome.
In all honesty, if you're concerned about winning and losing (i.e. not just playing for fun and don't care about the money) then move down to 5c/10c at the highest. I promise you are outclassed at those tables, so much so that any of the regulars at those tables would really hate for you to be getting this advice. You are outclassed.
Play $1/$2 live and you can expect weak players, play it online and I guarantee you're the fish at the table. I'm not trying to be a be a bastard here, and I'll only say it once so ignore it if you want.

As for bankroll management, never playing in a game with less than 20 maximum buy ins is a basic overall approach that will serve you well. Most long term winning players are considerably deeper than that, even with a high winrate 10 buy in swings are common from variance alone, if you let it tilt you or move up in stakes to cover your losses, you can expect significantly larger swings.

My advice is to either have fun and see how long your lucky streak lasts before you go broke, or buckle down and learn this game. Neither option is right or wrong.


Edit: Just to add an answer to your actual question, stop-loss works for tilt prevention. Because of that it will reduce your swings, however it doesn't effect your results at all if you're not tilting. Think of poker results as coming from one really long session, if you break it up into convenient portions you can win most of your sessions but it wont alter your net result.

 

[charlesmason]

stop loss question

Thanks for the reply pokerkidd, your advice including para one is welcomed and wont be ignored. I think the ratio of good players to less good players at different levels varies depending on the online site. The current site I am on, I would def say I am outclassed by many of the players and there is little room for manouevre at 3/6 or 5/10. I agree 1/2 is a tough environment too.
I am acutely aware of the being outclassed issue.

Your comment re variance is helpful, currently on 1/2 that could fluctuate by $2,000 excluding stupidity.

Thanks for the comments in the final paragraph, that has certainly helped clarify my thinking re sessions, tilt and stop loss. I like the way you don't mince your words.

 

[Sysvr4]

You break etiquette and then get mad when the dealer, who relies on those tips to maintain his standard of living, gets upset? Sounds like a real jerk thing to do to me.

Yes, I tend to get upset when someone in the service industry *expects* a gratuity regardless of the level of service they offer. There's a reason they're called that - otherwise they'd be called "compulsaries".

I am of the opinion that dealers, and everyone else in the service industry, need to realize that their tips will reflect their *service*, not my regard for whether or not they can maintain their standard of living at their chosen vocation. However, in general, I am quite generous with my tips. In this particular instance, however, I found his attitude regarding one honestly forgotten tip poor enough that I couldn't honestly care less about his standards. *shrug*

But hey, you weren't there, so you obviously have a better handle on the situation... flame away.

 

[charlesmason]

your side of the story Syl shows the individual was rude to you and should not be tipped His pointed remarks regarding tipping were unnecessary.

 

[PairOfTus]

oh yea?

So you're saying, if a buyin is 100 big bets, and you need 20 buyins to play NL, your bankroll should be 2,000 big bets? Just clarifying. What I've heard is that you should have at least 2,500 big bets.

And what about the minimum buyins on most sites? The ones I've seen are around 20 big bets. If you need 20 buyins that means your bankroll would be 400 big bets. That means a 10/20 NL player would need a starting bankroll of $40. Is this realistic or too optimistic?

buttgirl

well my casino is a big name and pretty big casino so im guessing its standard but the required buy in for the no limit is 20x the big blind and for limit is 10x the small big blind and yes you can make something out of it.no matter how good i think i am,i dont expect to sit down and have the cards falling my way and expect to double up with my first buy in.the last thing u want is to be sitting on $300 with pocket aces and call another big stack down knowing your probably beat but dont have a choice but to look him up.i always like to break that 300 into 3 buy ins of 100 and give myself a chance.poker is skill but also luck.but yea some like to byy ib deep.i like to buy in medium.not so low that youll get bullied but not so big that youll end up stuck big on your first buy in.bad beat is a bich and when it happens to you when your deepstacking is the son of that bich....trust me.i got pocket aces 3 times and pocket kings twice today and didnt win once with any of them.its almost like its a setup like the dealer gave me them cards to give me the courage to donate all my chips away.i really get irritated whej im dealt pocket aces or kings nowdays. yes it can get that bad.just saying.you dont have to buy in so big.especially of you have a small bankroll.scared money dont make no money.but scared money also saves me money.its when u dont care about losing a lot of money is when you really have to start worrying

 

[Fish2014]

friend it is ideal that you spend playing 1$ 2$ with this stack recalls that it is best that you play where your feel comfortable if you have already mastered limits of 3/6 as follows grinder

is that have appointed none of MTT tournaments online but with this bank of $1000 you could devote yourself perfectly playing

 

[finaltable1]

Best advice to build a bankroll is to get a well paid job or run a business and use 2-3% of your monthly money for tight live poker... If you have 2K which you plan to spend for poker, then the best thing you can do is to use 3% of it per day and play tight at the tables. It's like this: Ok i have 2000$ for poker, i'll take 70$ today and will leave 1930$ at home, if i'll lose 70$ - i'll stop and wait for tomorrow... tomorrow i'll take 68$ and continue, if i'll lose i'll take 66$ next day, If i'll lose 3 days in a row - i'll take 1 week break. And start again with 3% If you keep on playing this way and you'll loose all 2K - then just stop playing poker at all - start playing chess for brain stimulation or go surfing in ocean to clear your mind and build a good body instead of poker... Another good tip is to play half or full stack, for example if you're using 70$ then your table is 0.5-1 or 1-2 for NL game. Cheers

 

[Serjo600]

So i started to play live games at my local casino. They have 3/6, 4/8/ 10/20, 15/30, and once a week 20/40. These are all limit games too. Across they street there is another casion that has poker that does have 2-5 spread limit. Im not really a NL player. Just mainly a cash limit player. So im trying my luck at building my bankroll. So i went and started playing 3/6 and my luck was good the first day and cashed up $180. Went the next day played 4/8 and won $240. Couple days later went up wiht my buddy and played 4/8 limit and won $375. Than 3 days ago my friend and i went up again and i cashed out up $160. So right there i have won come up profit about $955. But today went and play some 3/6 and jumped to 4/8 as my luck was no good. Took only $300 and lost it all. I left the casino angry and wanting to rebuy some more and try my luck again. But i held myself from doing it and went home to think about what to do next time. So now my bankroll profit bankrol is at $655 and i also have my original bankroll i had brought to the casino thats day which was $300. So total i have again now is $955. What limit should i play at? I like 3/6 but there is alot of action at a 4/8 tables. I just am curious i know this is mainly online talk but i hope me talking about live games is cool. I also do think about playing in the 10/20 games but i get nervous b/c i have playes those limits and know what can happen on a bad run. I know this was a long and boring story but this is just my second post im a NEWCOMER!! But i can alreayd tell im going to like it here.

May be help that :deal:

 

[bubbasbestbabe]

BTW, did you read this? It's not bad.
https://www.cardschat.com/poker-strategy.phpbankroll

 

[ewoods22]

wish I could build a bank roll

 

[DanBilzerian]

Nice grand still , I would say U ran very good, U cant be winning everyday , if i were you , i would stick to the stakes where i win more, no matter how boring ... as long as im ev+

 

[Luan]

because then I would of views on how to build my bankroll and what better game to start playing?

 

[billbaffles]

For my bankroll management i wont play a stake unless my buy-in is 1% or less of my total bankroll. That way i dont have to worry about the money as much as being able to play cards. If i lose at a certain stake an amount that takes me above 1% i will move down to stakes where the buy-in is at least 1% or less that way it is still safe and usually i have already played that stake in order to move up so i am used to the style of play at that level. Im currently in the process of building a bankroll on ACR. I am playing freerolls to cash and then playing .01/.02 to start out. Right now i am way over 1% but i wont move up to .02/.05 until I have enough bankroll to buy-in at 1%. Then rinse and repeat to the highest level if i can ever get there.