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Getting my head around bankroll...
Hi all,
I've been playing poker for about 2 years, but its only recently ive noticed MASSIVE improvements in my game. I've been reading alot online, watching videos, studying Ivey, Hansen etc. And I very much want to one day change from where I am now to Poker Pro. I know its not all beverley hills, but I adore poker and the thrill of winning, and I no longer want to be a wage slave!
Bankroll is an issue for me, I have never deposited more than £10 at a time, playing cash 2p/4p. I know my bankroll should be considerably a lot more than £10, however I can't really afford to have silly money sitting in my account, while bills need to be paid. I'd usually deposit £10, win £20, then over the course of 4 days, lose the lot as I get too confident and think im unbeatable!
Pay day is fast approaching, and I plan to deposit £30.00. My question is, without losing the lot, but still playing as much as I do (4-5 hours daily) how can I build a healthy bankroll (£200+)?
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Comments
Also, play the freerolls at 7, if you do well you can get 1-2 pound.
Ignore advice to not bluff at NL4 (2p/4p). You shouldn't think of the game as "How do I beat this level?" You should think of the game as "How do I exploit this particular opponent?"
Develop your game to combat individuals. That's what the game is about. Some players you can triple-barrel-bluff against and some you shouldn't even c-bet against very often. Play the game to "beat the level" and you'll find yourself going nowhere fast.
When you're talking about going pro, I'm sure you realise that it's a very tough thing to do. Equally, I wouldn't be put off by people like RyanC7 telling you to give up. There is no barrier to prevent anyone from reaching a point at which they're making enough money to pay their way in life. The only reason that most players don't reach that point is that they lack the motivation and drive to get there. It takes commitment, open-mindedness and alot of time, and most people are not willing to put that long-term effort into it. Chances are that you're like most of the rest of us and won't have that determination, but if you do have it there's nothing inherent in the game to stop you. There's no 'natural talent' to it.
Getting back to the bankroll question:
If you're playing cash games with a £30 roll, obviously you should be coming in at the bottom level; NL4. There's no point worrying about BRM at this point because there is no lower level to move down to on Sky. If you're not very good yet, you might end up losing all of it and you should expect that. Learning the game comes at a cost.
The BRM for moving up is different for everyone. Some will feel comfortable moving up with 20 buy-ins for the next level, others will want 50 buy-ins. The bottom line is that, if your play is affected by the worry of losing the money, you're playing at too high a level. The key to winning cash poker is to be able to remove the monetary value of your stack from your thinking. Learn to think of your stack in terms of the number of big blinds you're playing. That allows you to play the same at NL4 as you would at NL50: Each decision is just for X number of big blinds and not Y number of pounds.