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Double Your Money
Hi all
Past 2 days been playing these almost exclusively (reason being my cash game has crumbled since being majorly sucked out on on 2 big hands).
Have played 32 DYM's in total cashing in 22 of them buyins from 5.50 to 33 which I think is pretty decent.
What kind of win % do you think is good for this kind of game?
Am keeping a spreadsheet of results (coz im a saddo) and will post it when reach 50
Past 2 days been playing these almost exclusively (reason being my cash game has crumbled since being majorly sucked out on on 2 big hands).
Have played 32 DYM's in total cashing in 22 of them buyins from 5.50 to 33 which I think is pretty decent.
What kind of win % do you think is good for this kind of game?
Am keeping a spreadsheet of results (coz im a saddo) and will post it when reach 50
Comments
Depends on how many you play.
I reckon if you're cashing in more than 60% over time, then you're gonna make a very healthy profit.
The percentage of wins to losses ratio in your case is irrelevant. It is purely are you in profit or out of profit. The reason for this is that you do not play the same value buy in games. If you win a £30 plus £3 DYM you will be £27 in profit. If you then played 4 £5 plus 50p DYM and lost all 4 you would still be in profit to the tune of £5 with a win rate of 20%. For a percentage value to truely have any meaning in relation to profit all your tables must be of the same value. You are playing at a value where the rakes are 10% so if you played 10 £5 plus 50p games your total outlay would be £55, therefor you would need to win 6 games or 60% for a profit of just under 10%. Does this make sense???
based on playing even money shots with 3 double ups ... It needs balls to follow to the letter but it works ..
i'll do a thread at the weekend and play the system so others can follow ....
it's based on playing with 10 units 10 x1 ...1 unit can win 8 ... i'll look later to explain
But it looks to me as if your doing OK without it ..
glk it's on page 4 half way down !
luv it ...I'll second that
Think I get the gist though... after a loss up the stakes recoup and then start again from lower level.... need to get my head round the units bit but think im there
good man
NO not after a lose up the stakes.....
say you have 10 quid to spend + 10x 1 pound games if all games are losers
example ( the 1st gamet = lose...= -1 )
(2nd game = lose total lose now -2 )
(3rd game win = return 2 )..now next game stake is 2
(4th game win = return 4 ) .now next game stake is 4
(5th game win = return 8 ) ... now go back to stake 1 at this stage your 5 units in front
If you had lost game 5 go back to single stakes . only double after a win and only do it 3 times
Worst case scenario is you lose 10 single straight games = -10
best case win all games = return = 80
win only 2 lots of 3 double ups with 8 single straight loses =
+ 16 from 2lots - 8 losing = total + 8
Not sure if this has come over the way it should ....but never double after a lose only the 3 wins in a row
any lose go bach to single stake
glk
..what i'll do is put aside 55 quid ..
i'll make my base stake 5 pound +50p tax so the games will be 5.50 if win up to 11 00 if win up to 22 00 ...
Starting now as soon as a 5.50 is available and will post results here. ..
Maximum loss will be 10 straight losing games at 5 50
and stopping after a maximum of 10 sets of possible 3 games per set..
results in this post over the next few days ..
The point being is this can be played by anyone with 3 pound or more to spend , starting at 30p per unit !
Game 1 ---5.50 ...Lose
Game 2 ---5 50 ...Lose
Game 3 ---5 50 ...Lose .. (jeez luvin this, lol)
Game 4 ---5 50 ...Lose
Game 5 ---5 50 ... Win (leg 2 = 11 00) Win (leg 3 = 22) = Lose !! (doh)
Break till tomorrow ..However as you can see had I have won Game 5(leg 3) the return would have been 40 and total outlay from stake is 25
I can't see any merits to this approach but I'm happy to be convinced.
You appear to have staked £60.50 and won £30 for a nett loss of £30.50.
If you had won Game 5 (leg 3) you would have made a nett profit of £9.50.
Your strategy appears to be based on always losing money unless you can win 3 consecutive games each of increasing difficulty (assuming higher stakes equates to a higher standard of opponent).
got chips in well ahead every time but (due to the twised ******* poker gods) only cashed in 2 of 7!!! worst run by far to date.
Not too far off the 50 now so will post soon
and at this stage the profit is NIL ..
And whoever posted "It's a way to ruin ..gambling" ... lol classic ..'your the best" !!
The 5% Rule as you say is Boll ix unless you are a professional gambler who makes a living from gambling. The more I hear this 5% of your bankroll the more I think there's another poor so d who's heading to the dole queue going skint listening to rubbish of having a bankroll that they'll might never have !!
(5k needed to play in a live tournament 250 game) o'h f'ck now i'm on ' tilt' 'steaming' !!! lool
I'll tell the vicar when im in church on Sunday, when he gives me his horse bets to put on !!
I tend not to look at isolated sessions but after 7 days if i havent seen a slight increase then I take a break for a while. Break even after a week if perfectly acceptable for me. I only look at having a 5 to 7% roi on these anyway
Bubble play tends to be a bit of a lottery sometimes for example, I just pushed on the button with 7's as I was down to 6 x bb. SB called and turned over 8's. Yes I got lucky and turned the seven. This happens and you have to expect it.
To show any sort of profit you MUST cash in 60% unless you go for the Richard Orford technique and play larger games after losses. Very dangerous in my opinion. This play means you have started to chase losses and ultimately playing with scared money. (this still is true even if the higher stakes fall within your own BRM.)
Game 6 ---5 50 ...Win ( leg 2 = 11.00) Win (leg 3 = 22 ) Win = +40
6 x 5. 50 = 33 pound out ... Returns 40 at this stage = profit + 7 including tax !!
Game 7 ...back to 5.50 .. and repeat above way of staking for games 8 9 10 !!
glk Daz ... Vince PM me if you want more info .. glk ..
post closed
It's included in the 5+50 cost per game ... but I see what you mean
The point of the thread was for players with say 3 6 or 12pound to spend for the week, a way of making money without have a so called " bankroll " God I hate that word for small stakes players eeehk
3 quid to spend = 10 games @ 30p a shot
or players having a bad run of things or.. Pro's who know what they are doing
I have, for the want of a better term a 'bankroll' in my Sky poker account. It is purely the amount I intend to use to play poker. I have no wish to top up nor withdaw at the moment therefore I need to play carefully with my selected amount of money. I do like to see an increase in this but if it stayed the same for the next year, i would be quite happy.
Perhaps in future I will just call this 'balance in my account management'. I assume this would be acceptable to you?
By the way I like to let my hair down by washing a hamburger down with a nice glass of white wine but then again as I have short hair, Hamburgers are not made from pigs and I physically do not soak my food with wine before consumption I assume you hate all of those phrases as well???
And DAZ well done looks like your enjoying your game again which was what this thread started out for you to do...!! glk oh and quickly checking those figures...
In the system you would have had 7 triple up games = return on those 280 pounds your stakes would have been a lot lower as your only be playing 5.50 ... I cant work this out but you'll see what I mean . glk
Sorry for taking my frustrations out of you earlier. Had a bad couple of hours at the tables. Came to the forum to relax and took it out of the first thread that upset me.
No hard feelings???
Better that than carrying on playing and blowing my 'bankroll' LOL.
Again, truely sorry.