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Broke.........
After a very honest br ..... then going bust after very poor br management and poor play i guess i am trying to rebuild and basically start again. at highs i had played 10-20£ on here altho br defo suggested i shouldnt have been, i have had months where i was in profit nearly every session near enough but after going broke and restearting i am really struggling with playing 5-10p which i should be with my br. i just cant help getting sucked into playing higher tables. ive tried just playing stgs lately. would appreciate advise or if any1 has been in a similar situation and has overcome the dreaded BROKE term. many thanks
Comments
Start small, play to win the game consistently as the money is only relative.
People highlight BR management as the ley to not ging broke, this is obvious, but not to the extremes I read about all the time.
I went bust bout 4 years ago (it wasnt a big sum, but it was a good 3/4 months work gone in 1 night)
The key to not doing it sounds obvious, but its to play better. When I went broke, I decided to deposit, and sit at 3 different cash tables on another site, having enough to cover a rebuy at each table. I sat there all day, and played tighter than tight! Aces Kings Queens Jacks, AKs. - Took my game completely back to basics, abc, best hands only, no messin on the button, no calling, just standard strong raises with strong hands.
I garentee this is a winning strategy, it aint half boring like. Anyway, as I started to win more, I read Harrington on cash games (the only book iv ever read) and started to play more hands, and show some game. Went from 1 extreme to the other, (loose maniac) then settled on something inbetween. (still trying to find that happy medium) lol
Theres 2 ways to do it, start low and work hard grinding your way up, or deposit a sufficient br to play at the level you think you are best suited to. (500 quid for NL40 sounds about right to me - although most others will strongly say thats not enough)
GL, DOHH
Unless you rely on poker as an income which 99.9% of players dont. The golden rule is dont play with what you cant afford to lose. So if you want to play in a certain game and you can afford it just do it. There seems to be a lot of people on here recently trying to sound clever talking about bankroll management, only use 5% etc etc.
Poker should be fun, now go and enjoy yourselves.
leave proper b/r management to the pros
if you mean you dont have enough to play with the "big boys" that a different matter.you can play a lot of poker for £200 it just depends how you see yourself,(part time/full time pro) (fun player who wants to win/keep head above water) etc.my bankroll is usually stagnant at a set amount be cause if i get a decent win i withdraw about three quarters of it and spend the rest.then i dont go over a certain level and always have a bit behind to play with,,
good luck,dave
All am saying is poker should be fun, I was just commenting on amount of people on here recently talking like there next phil ivey.
Your jailers say, when that bankroll reaches £5k, you can go free. If you bust it all, you stay in jail til you die.
You will soon work out good brm
My personal opinion is that anyone who takes the game serious, wants to make money and has aims to move up in the stakes needs to have some kind of money management.
Fair enough, if you decide to play poker with £20 instead of going to the pub and spending it, by all means sit down at a couple of 10 quid tourney tables, but if you want to play every day and you want to improve as a player, be smart and get a bankroll that will allow you to play everyday without constantly taking money out of your bank account.
Salazar (a none pro with a bankroll)
Once you realize BRM is key you have to find a way of implementing it. For some this is nigh impossible. Maybe setting yrself a challenge is the way to go..... keep accurate stats on yourself and make a graph of your winnings...... it's not always exciting to see your 200 has turned into 227 over the space of a week but if you can see an upward line on a graph it's more encouraging and keeps you focussed.
You have to forget about the amounts and just keep focussed on the results. Keep track of graph, bbper100 at your level....how many buyins you have...... when to move up.......whn to take a shot....... etc etc...
If you focus solely on amount won you'll only find excitement by winning big, which will inevitably see you busto.
Only you can change your strategy.... you've made the 1st step by recognizing yr faults.... now go change em
It's frustrating to play the lower tables when you know you can play the higher ones. If you want to take it seriously and make some money then don't let someone stop you. It might take a while using bankroll management but anyone can achieve anything in this game so just back yourself.
However as one that has spun up small bankrolls before if you don't get a couple of breaks then you just end up not enjoying the game. If you're not enjoying it then theres no point!
I dont, and have no delusions about making a living from poker, and to be honest with you I dont think I would want to. Dont reckon I could take the stress of that being my only income.
I have been `busto` quite a few times though, which obv isnt the end of the world, as I have a job, but I was beginning to feel like a right mug redepositing, so decided on strict brm (which goes out the window from time to time beered up).
My problem is the opposite, in that I kept needing to withdraw bits of my roll to fund other things that really I should have financed from my wages. Crimbo, birthdays, car MOT etc. Because of this I reckon ive hindered myself taking next level shots. When I do I hit a wall every time so maybe not such a bad thing.
Reckon your in a better position aceacebaby as you have experience of those levels and you will prob know how to change ur game as you progress.
If I had £200 I would be playing nl10. You could obv crush that but you might lose quite a few buyins re adjusting your game to fit in line with that level.
From my exp on here, there is a huge difference between nl20 and nl50. Just cant crack nl50,
gl anyway and i think i will try to avoid you at nl20 if poss
if you want to take a shot do it, if you think your game is good enough for £5-£10 e.t.c do it
there is little point you tackling a grind at 0.05-0.10 if you cant adapt /respect the game down there,
i guarantee if your a recreational player after a few sessions of grinding you will be bored at that level.
"I garentee this is a winning strategy, it aint half boring like"
dohhhhhhhhhhhh this may well have been a winning strategy a few years back but it certainly isnt now especially on the 6 handed tables here
I've only been playing for about 5 months now. Have had to deposit again this month after busting. Only play 2p/4p and the occasional tourney. Since New Year have had a bad run - some bad play by me and some bad beats (last night had pocket kings, raised pre flop, flop was a 6 pair (2 clubs). Bet the pot, "villan" goes all in I call. He shows 2 3 (one club) and turn and river also clubs so I bust out.
Anyway I digress, is it best to take time off and build the bank roll up to 3 figures (not including the decimal point!) or is it best to play only occasionally while building it up "to keep my eye in"?
I'm not playing to earn a wage from it, just for fun, but it's not fun at the moment.