Originally Posted by
Bizar
I am wondering if ANY body makes money out of On-line Poker, in the long run, I have not ment any body who has !
Please feel free to correct me if you have and I am wrong, in this blog.
The OP I wouldn't give up my day job, if I was you, you come across as an Idiot.
Why I"m answering this post... hmm... um.. oh yah, I know why. Why not start up a new post instead of hi-jacking OP's post here with a question about who has made money playing online poker (obviously people do, I've read estimates in Bluff magazine that at least 30%+ are break-even or better on the online tables but with mainly just top 10% making money).
Now.. to answer OP's post here >>>>
I can totally understand where you're coming from here. I don't think this post is about learning 'Bankroll Management'. OP has stated his past experiences with online poker but their question doesn't really seem to be one that solely addresses Bankroll Management.
From what I understand with your post here, this here is what I can relate to (maybe this is what you're getting at?). With a bankroll of only $300, it is difficult because one is pretty much limited to playing micro buyins (again.. .we're talking MTTs here) and the play in the micros is pretty much TERRIBLE. OP sounds like they have knowledge & skills and feels confident that they would run ok in higher buyins (I'm assuming what... $25+ range?). The online game changes considerably as you move up in buyin levels.
Case in point... the other night I was on Fulltilt and was doing a player search for a buddy of mine (only other guy I know who plays so late at night) and I find him registered in a $3 buyin double stack MTT (he plays in a variety of buyins and has done well in med.-sized ones... ie. he won the Fifty-Fifty for around $12K a couple months ago). So... I decide to enter it too, not having played a small buyin MTT for quite awhile now.
I was bummed at how poor the play in it really was. Even as we approached the bubble with blinds kicked in and high antes, the game was still soooo rookie-ish (no 3-betting, TONS of limping,.. min reraising EP limpers, TONS of 'Family Pots', etc. etc.). I really couldn't believe it. IT was terrible. So... play ABC poker and adapt style to the table. I struggle on a 20bb deep stack for quite awhile and then manage to double off of a couple of Tard A-rag players but then unfortunately get coolered when KK runs into AA nearing bubble and I am left crippled.
Point of story... for a good player the micro buyin MTT's can be a Huge drag. Might not be the way in which to try to build one's bankroll online, but will definitely build one's patience.
I agree with what a poster above wrote about playing some satellites so that you can enter a marginally higher buyin MTT (ie. like the $26 token 18plyr. SNG sats. on Fulltilt). Still though, I think with only a $300 roll you might be needing another avenue to try to build up your roll while playing online (5 or 10NL, or SNG's).
I've actually won alot of money in some decent freerolls I've played online and even more in priv. cash-added tourneys (ie. like the one's 4Kingpoker holds on a few different sites). They also afford one the oppurtunity to play with better players than one would normally find in a micro buyin mtt online.
GL on the tables!
(OnlineForumChallenge tournaments are also a great way to try to boost your bankroll - - micro buyin but with HUGE cash & prizes added to the prizepools..... often between $2K > $4,500 with field size of around 6 or 700 players in them. I managed to take back-to-back 4th's in two of them on Fulltilt - - for a $10 investment I won over $1,200).
Brad Booth - > "Like a fight... it's not how you start, it's how you finish"
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Since you have already went through a few thousand dollars playing, i would suggest reading the articles here at 4kingpoker forum (red tabs at the top) about bankroll management, MTT tournament selection and cash games strategy's.
