You need to be logged in to your Sky Poker account above to post discussions and comments.

You might need to refresh your page afterwards.

Sky Poker forums will be temporarily unavailable from 11pm Wednesday July 25th.
Sky Poker Forums is upgrading its look! Stay tuned for the big reveal!

Building a bankroll

edited May 2011 in Poker Chat
I know theres been varoius threads about keep a note on how their doing and writing about sessions such as The dons, I was in two minds where to post this sorta thing cos it could of easily of gone on ask TSP, i've been playing for about 9month now and am just about to end my 1st year at uni... which means i've got a full summer ahead so plenty of time to play poker.

Managed to get a decent bankroll so far and feel i'm good enough to make ££, anyway this threads mainly about getting peoples advice on building a bankroll stuff like;

How did you manage to build your bankroll? I feel im a fairly good player and should make £££ but always seem to win some then lose some.

What problems did you have when building a bankroll? I know one of mine is tilting although its not as bad as it used to be, did you find multitabling too much was a problem aswell? I'm wondering if im playing too many tables which means i can't play optimuly.

Do you keep a diary of sessions? I'm thinking of starting to make logs of my sessions to see if i can spot things where im losing much such as playing too many tables.

Answer will be appricated :)

Comments

  • edited May 2011

    What is ur BR? 

    How often do u take from ur br? 

    How many tables u play?

    How keen are you to move up the stakes?......

    ........ Are you happy to crush 1 level and make good money or do you wanna take shots and get through the levels asap?


  • edited May 2011
    In Response to Re: Building a bankroll:
    What is ur BR?  How often do u take from ur br?  How many tables u play? How keen are you to move up the stakes?...... ........ Are you happy to crush 1 level and make good money or do you wanna take shots and get through the levels asap?
    Posted by DOHHHHHHH

    1k. not bothered about taking money from my br, got enough money to live on, wanna just keep it growing.
    I prefer plying lots of tables normally 6 but have been doing 8/10 for c4p, i think this is anther problem aswell i play too much for them when i just shouldn't cos its costing $$ to get them. and yh wanna move up to 50nl like as a reg thing but don't quite have enough, this has been another problem, taken some shots there mass multitabling n suffered some awful beats lol. and i wanna move threw levels yh, i finish uni in two year.. i just wanna get to like 200nl by then so i never have to get a job... (im rly lazy lol)
  • edited May 2011
    In Response to Building a bankroll:
    I know theres been varoius threads about keep a note on how their doing and writing about sessions such as The dons, I was in two minds where to post this sorta thing cos it could of easily of gone on ask TSP, i've been playing for about 9month now and am just about to end my 1st year at uni... which means i've got a full summer ahead so plenty of time to play poker. Managed to get a decent bankroll so far and feel i'm good enough to make ££, anyway this threads mainly about getting peoples advice on building a bankroll stuff like; How did you manage to build your bankroll? I feel im a fairly good player and should make £££ but always seem to win some then lose some. What problems did you have when building a bankroll? I know one of mine is tilting although its not as bad as it used to be, did you find multitabling too much was a problem aswell? I'm wondering if im playing too many tables which means i can't play optimuly. Do you keep a diary of sessions? I'm thinking of starting to make logs of my sessions to see if i can spot things where im losing much such as playing too many tables. Answer will be appricated :)
    Posted by CrazyBen23
    Im really envious of you, no mortgage, no debts and a poker career ahead of you. It sounds like utopia doesnt it.

    Tilting is all about mind set, you need to get away from the tables for a few hours or even longer, until that feeling of chasing your losses goes. Ive always found its much more difficult to tilt on sit and gos rather than cash tables because at a set point in time, the game ends, you cant jump in again to make those rash decisions that tilting causes.

    BR management is crucial, if you go busto, where is the money coming from to start all over. Also is there a possibility that you could get bored with poker in the future, what then?

    Personally, im not working right now, but to give up my career I would need to earn at least 3/3.5k a month at the  tables, and playing 10-30 quid HU sng's that aint gonna happen unless I play 15 hours a day every day.
     
    Good luck.

  • edited May 2011
    In Response to Re: Building a bankroll:
    In Response to Building a bankroll : Im really envious of you, no mortgage, no debts and a poker career ahead of you. It sounds like utopia doesnt it. Tilting is all about mind set, you need to get away from the tables for a few hours or even longer, until that feeling of chasing your losses goes. Ive always found its much more difficult to tilt on sit and gos rather than cash tables because at a set point in time, the game ends, you cant jump in again to make those rash decisions that tilting causes. BR management is crucial, if you go busto, where is the money coming from to start all over. Also is there a possibility that you could get bored with poker in the future, what then? Personally, im not working right now, but to give up my career I would need to earn at least 3/3.5k a month at the  tables, and playing 10-30 quid HU sng's that aint gonna happen unless I play 15 hours a day every day.   Good luck.
    Posted by ACEGOONER
    haha thanks, yeah if i suffer 2/3 bad beats or coolers in like 5min or so i click stand straight away, it used to annoy me more cos the money meant more to me, but now i have a bigger br and am still playing the same stakes its not too bad, still annoying to lose 200bb pots when you get it in ahead like lol.

    My brm has improved a lot over the last month or so, after having shots at higher stakes, which has a huge adrenaline rush and loved it, after losing im not bothered about trying again, happy to make alot of money at 30/40nl before going higher.

    And as for the job thing well... its 2year away, will just try and make aloda ££ before thinking properly about that, dont need to get a full time job for 2 year rly :p
  • edited May 2011
    Keep playing lots, if you are good it will grow. I wouldn't be too fussed about moving up too quickly either.

    In Response to Re: Building a bankroll:
    but to give up my career I would need to earn at least 3/3.5k a month at the  tables, and playing 10-30 quid HU sng's that aint gonna happen unless I play 15 hours a day every day.   Good luck.
    Posted by ACEGOONER
    Is that minimum you'd expect? You do realise that's like the equivalent of a 65-70k job.

  • edited May 2011
    In Response to Re: Building a bankroll:
    Keep playing lots, if you are good it will grow. I wouldn't be too fussed about moving up too quickly either. In Response to Re: Building a bankroll : Is that minimum you'd expect? You do realise that's like the equivalent of a 65-70k job.
    Posted by pryce6
    Think it's actually between £36-45k. Wish I had your calculator though :) Unless you're including tax?
  • edited May 2011
    In Response to Re: Building a bankroll:
    In Response to Re: Building a bankroll : Think it's actually between £36-45k. Wish I had your calculator though :) Unless you're including tax?
    Posted by nagrom
    yeah of course. 65-70k after 40pc tax + NI = your figure
  • edited May 2011
    In Response to Re: Building a bankroll:
    Keep playing lots, if you are good it will grow. I wouldn't be too fussed about moving up too quickly either. In Response to Re: Building a bankroll : Is that minimum you'd expect? You do realise that's like the equivalent of a 65-70k job.
    Posted by pryce6
    Ive been in financial services for over 20 years my friend, so those sorts of salaries are not unusual, especially in London. Also bear in mind at least 500 quid a month should be tucked away for retirement, im not just a bankroll nit!
  • edited May 2011
    In Response to Re: Building a bankroll:
    In Response to Re: Building a bankroll : Ive been in financial services for over 20 years my friend, so those sorts of salaries are not unusual, especially in London. Also bear in mind at least 500 quid a month should be tucked away for retirement, im not just a bankroll nit!
    Posted by ACEGOONER
    Yeah ofc, I don't dispute that. Just wanted to highlight 3-3.5k tax free a month is the equivalent of that kind of salary and a lot of people won't earn anywhere near that in a normal job.
  • edited May 2011
    i know some people live off the poker winnings(i certainly dont) but i do treat the family at the end of the mnth. last mnth i paid for 2 bikes for the kids, mnth before holiday in cornwall and mnth before that a deposit on a car for the misses. having mortgage 2 cars kids and wife plus a very fulltime job i do have to spend a lot of evenings playing when i should be spending time with family, so its only right to treat them. like crazyben i play nl20/30 and have cracks at nl40/50 for the buzz and the experience. again like ben i play with a br of 1K (quite a bit less at mo due to very bad mnth), but unlike him i know my game isnt good enough to play nl50/100. yes i could make my br 3k but for me whats the point if i dont think i can beat that level yet. at what point does playing for fun/recreational change to playing serious.???    phil
  • edited May 2011
    In Response to Re: Building a bankroll:
    In Response to Re: Building a bankroll : Yeah ofc, I don't dispute that. Just wanted to highlight 3-3.5k tax free a month is the equivalent of that kind of salary and a lot of people won't earn anywhere near that in a normal job.
    Posted by pryce6
    Im not sure how old you are, but your reasoning explains why more young people commit themselves to poker full time. I do not believe its a question of poker ability, its more not having a mortgage, kids or a career where they are approaching their optimum wage.

    One thing I would say to any budding young professional is no matter how good you are, ultimately you will find it difficult to get loans and mortgages. Its one thing grinding a living so that you can live day to day, its another finding the money to pay for a 300-400k house if you are unlucky enough to live in london.
  • edited May 2011
    its got nothing to do with london, i earn close to 6 figures and live in winchester and i cant afford a 300k house
  • edited May 2011
    Hi crazy ben ive played v you a bit im mostly on 50 nl my br is 2.5k and i play 7 tables and have done for a few yrs on here a few tips
    1- A 1k br is a bit tight for 6 to 9 tables at 50 nl say you have a bad night loose 1 buy in on each 7 x £50 35% of    your br is gone.
    2- I would try  a split on the levels ie 2 at 50 nl rest at a lower level also i would keep notes on each session ie what  £s you  win at each level, this is very important and will soon be very obvious if you are making a reg profit at 50 nl per hr  played which is more than a lower limit thats when its time to move up.
    3- Join a poker training site its the best way to learn and worth every penny 

    gl m8 see you on the way up and  past lol 
  • edited May 2011
    In Response to Re: Building a bankroll:
    Hi crazy ben ive played v you a bit im mostly on 50 nl my br is 2.5k and i play 7 tables and have done for a few yrs on here a few tips 1- A 1k br is a bit tight for 6 to 9 tables at 50 nl say you have a bad night loose 1 buy in on each 7 x £50 35% of    your br is gone. 2- I would try  a split on the levels ie 2 at 50 nl rest at a lower level also i would keep notes on each session ie what  £s you  win at each level, this is very important and will soon be very obvious if you are making a reg profit at 50 nl per hr  played which is more than a lower limit thats when its time to move up. 3- Join a poker training site its the best way to learn and worth every penny  gl m8 see you on the way up and  past lol 
    Posted by BENDOG40
    Thanks! Sounds like good advice, will look into joining one of them sites :)
Sign In or Register to comment.