Bankroll Management - Help please

[WVHillbilly]

How are you doing at the casino? How many hours have you spent at cash tables there and at what stakes? How many sit and go tourneys have you played live? Do you keep track of your stats? Have you taken the time to calculate your live sit and go ROI?

I don't know how good of a player you are....for all I know you might be a losing live game player. But my advice to you, if you have a casino within driving distance of your home, is to put 90% of that money into live poker and put 10% or less into online play.

To put it another way, I play $250 and $500 sit and goes live, but I play $10 rig-n-goes online. Online ROI = 6%. Live ROI is over 30%.

I wouldn't put $50 into an online game, let alone deposit $4,000. They day I deposit $4,000 on some online poker site and put it in the hands of those Costa Rican theives, I would have to be senile or have so much money that $4k is like $4.00 to me at the time.

So you think online poker is rigged? Hmmmm....never heard anyone espouse that theory before please do tell. Also please provide all your supporting reference material.

Thanks for the heads-up.

 

[Bigsmak]

How are you doing at the casino? How many hours have you spent at cash tables there and at what stakes? How many sit and go tourneys have you played live? Do you keep track of your stats? Have you taken the time to calculate your live sit and go ROI?
... etc etc

cut for space

I was never planning to deposit $4000. I said I had that is an available BR that I wouldn't be that killing to my life if i lost it. Huge difference.

I play 2-3 live tournements a week in the casino. 1 £10 re-buy and 2 x £30 freezouts usually.

I make a final table 2 in 5 times and top 3 usually 1 in 10. Usually 40-80 players. - I've won 5 or 6 times. Biggest was a £10 re-buy, with no-re-buys to win £2000 with 120 players.

I rarely play the cash tables there. I might start. They are £1/ £2 min £50 sit down. best times to play late night, i.e. 1am - 4am. so it gets tricky with real life and such.

 

[On A Pair Draw]

So you think online poker is rigged? Hmmmm....never heard anyone espouse that theory before please do tell. Also please provide all your supporting reference material.

Thanks for the heads-up.

I don't think its rigged. I just haven't seen any proof that it isn't.

Do you have any "supporting reference material?" For which site? If you have some proof that a particular site is not rigged, I would sure appreciate you sharing it with me. I'd love to deposit a few hundred on that site and get started making money.

Thanks in advance. I look forward to reading your material.

 

[On A Pair Draw]

I was never planning to deposit $4000. I said I had that is an available BR that I wouldn't be that killing to my life if i lost it. Huge difference.

I play 2-3 live tournements a week in the casino. 1 £10 re-buy and 2 x £30 freezouts usually.

I make a final table 2 in 5 times and top 3 usually 1 in 10. Usually 40-80 players. - I've won 5 or 6 times. Biggest was a £10 re-buy, with no-re-buys to win £2000 with 120 players.

I rarely play the cash tables there. I might start. They are £1/ £2 min £50 sit down. best times to play late night, i.e. 1am - 4am. so it gets tricky with real life and such.

Hey, that sounds pretty good. Why bother with online poker. Why not just haul your butt down to that casino?

As for the cash games....if they are as soft as those tourneys, you should do well there.

Good luck.

 

[Bigsmak]

I don't think its rigged. I just haven't seen any proof that it isn't.

Do you have any "supporting reference material?" For which site? If you have some proof that a particular site is not rigged, I would sure appreciate you sharing it with me. I'd love to deposit a few hundred on that site and get started making money.

Thanks in advance. I look forward to reading your material.

Oh Dear.. Why don't we just discus whether or not God exists? You prove it ----- no you prove he doesn't ... no you prove it.. etc etc etc...

Anyway... I read my own post where I said I play a lot more tournements and said.. why don't I try one online... So I played a $10 freezout and came 3rd. (lost with 2 pair to a hit flush draw against massive stack) and got just shy of $300 for my bankrole... Might play another one today!

 

[Jurn8]

Anyway... I read my own post where I said I play a lot more tournements and daid.. why dont I try one online... So I played a $10 freezout and came 3rd. (lost with 2 pair to a hit flush draw against massive stack) and got just shy of $300 for my bankrole... Might play another one today!

sweet mate good little start there!! Keep it up !

 

[On A Pair Draw]

Oh Dear.. Why don't we just discus whether or not God exists? You prove it ----- no you prove he doesn't ... no you prove it.. etc etc etc...

I agree with that analogy. People who aren't open to the possibility that a site is cheating them are similar to the faithful. They have a belief in something with no proof to back that belief up. That's why it's called faith. Instead they use a lack of negative proof as a form of proof positive. Faith has little to do with logic of course.

Another thing that makes your analogy so good is that both God and online gambling sites could easily proof they are real, but both chose not to. God could appear and tell us he's real, and online gambling sites could open up their records and make their programs available to outside scrutiny by fully independant organizations. But, like God, the gambling sites have a multitude of faithful defenders gripping their mouses like little pocket bibles and dismissing any doubters that might get in the way of their pretty picture.

Hell, online gambling even has a bunch of people screaming for the government to stay out of it and not try to regulate it....seperation of church and state!

 

[PokerVic]

I agree with that analogy. People who aren't open to the possibility that a site is cheating them are similar to the faithful. They have a belief in something with no proof to back that belief up. That's why it's called faith. Instead they use a lack of negative proof as a form of proof positive. Faith has little to do with logic of course.

I don't agree with that analogy.

With any proposition, we have to make a basic assumption based on the most common situation. I think the statement "an online gambling corporation dealing with tens of thousands of customers and millions of dollars is consistently operating within the guidelines of its terms of conditions." is a fair assumption. That doesn't mean they aren't all corrupt cheat-corps, just that most reasonable people will assume they are on the up-and-up, provided there is no credible evidence to the contrary.

The UltimateBet situation was discovered by the players long before UB fessed up. There are thousands of players using hand tracking software. Yet, we have seen no credible evidence of "rigging" on any other major site. That complete lack of evidence makes me believe that it's fair to assume that my online money is safe for the time being on these sites.

"An online gambling corporation dealing with tens of thousands of customers and millions of dollars is operating within the guidelines of its terms of conditions."

"I am unable to walk on water."

Both reasonable assumptions. No faith needed for either statement, provided you are open to new evidence that may disprove them.

 

[On A Pair Draw]

I don't agree with that analogy.

With any proposition, we have to make a basic assumption based on the most common situation. I think the statement "an online gambling corporation dealing with tens of thousands of customers and millions of dollars is consistently operating within the guidelines of its terms of conditions." is a fair assumption. That doesn't mean they aren't all corrupt cheat-corps, just that most reasonable people will assume they are on the up-and-up, provided there is no credible evidence to the contrary.

The UltimateBet situation was discovered by the players long before Ultimatebet fessed up. There are thousands of players using hand tracking software. Yet, we have seen no credible evidence of "rigging" on any other major site. That complete lack of evidence makes me believe that it's fair to assume that my online money is safe for the time being on these sites.

"An online gambling corporation dealing with tens of thousands of customers and millions of dollars is operating within the guidelines of its terms of conditions."

"I am unable to walk on water."

Both reasonable assumptions. No faith needed for either statement, provided you are open to new evidence that may disprove them.

I think this statement is even more true... "gambling is consistently full of cheating unless it is seriously regulated and overseen by groups independent of the people running the games."

Expecting a gambling ring to operate fairly just because they say they are going to seems very naive.

 

[Makwa]

wow wot a bunch of BS...

With 4K mate if u r good expect to make 10% a year, figure from there.

Got it?

http://www.wwwdotcom.com/