zachvac
Legend
Silver Level
So other than the flopped royal flush, I had a pretty bad night tonight. Couldn't seem to get a hand, didn't get paid off on my good hands (such as my royal flush). But because I am playing within my bankroll I have only lost $15 (BR at ~$250). And although I spent 2 hours losing what I've averaged taking 3 hours to win (net loss of 5 hours in my mind), it's not the end of the world.
Before I took the advice of people here, I would have been playing at least $0.25/$0.50, and rather than the $0.05/$0.10 losing 15 it would have been 15*5 = $75. I'd be sitting with $175, worrying about if I can stop the down slide, played a $50 HU or something stupid and probably lost a lot more. Instead I'm stopping for the night down $15, confident that a bad streak doesn't last forever. I looked at the PT graph and I can see that although I've had several ups and downs (at least one other about as bad as this one), there's been a steady trend upwards (started with $100, up to $250 at a rate of around $5-6/hour), and looking at the bigger picture this streak doesn't seem that bad. I'll survive it and it's all because I am playing within my means and being able to survive a little variance.
Although I've gotten a lot of great advice here on pretty much everything, BR management has been the best lesson I've learned. Sure I sometimes get a little frustrated that I still have another $250 before I can even move up to $0.10/$0.25 when I've played $0.25/$0.50 before, but I've stayed disciplined, and my current goal is to $500 by Thanksgiving. Just an example why BR management is important. The rule someone told me was max buy-in for a table should be at most 5% of your entire BR, or have at least 20 max buy-ins at a certain stake. I urge other people to take this advice as well, it's served me well. Thanks.
Before I took the advice of people here, I would have been playing at least $0.25/$0.50, and rather than the $0.05/$0.10 losing 15 it would have been 15*5 = $75. I'd be sitting with $175, worrying about if I can stop the down slide, played a $50 HU or something stupid and probably lost a lot more. Instead I'm stopping for the night down $15, confident that a bad streak doesn't last forever. I looked at the PT graph and I can see that although I've had several ups and downs (at least one other about as bad as this one), there's been a steady trend upwards (started with $100, up to $250 at a rate of around $5-6/hour), and looking at the bigger picture this streak doesn't seem that bad. I'll survive it and it's all because I am playing within my means and being able to survive a little variance.
Although I've gotten a lot of great advice here on pretty much everything, BR management has been the best lesson I've learned. Sure I sometimes get a little frustrated that I still have another $250 before I can even move up to $0.10/$0.25 when I've played $0.25/$0.50 before, but I've stayed disciplined, and my current goal is to $500 by Thanksgiving. Just an example why BR management is important. The rule someone told me was max buy-in for a table should be at most 5% of your entire BR, or have at least 20 max buy-ins at a certain stake. I urge other people to take this advice as well, it's served me well. Thanks.
