BANKROLL and now what

[Dan Abnormal]

Got ya, Re-read that post, did I avoid feeding but (Im never taunting, just confused lol) thanks for the answer lol

What Im hoping that in 6 months from now, a description of me will sound like a player who controls his dedtiny. We will revisit that decription in 6 months

[scrawnybob]

hi

ok I might have missed something but this is live and limit game (but not home game) ?

so far from what you've said you bought into a limit game with $20 and spun it up to $77

also the game was $1/2 limit or lower than that ?

ok so your bankroll is really down to what you put on one side for playing ... for some that will be ALL and ONLY $50 or what they have in an online poker room + may something in a tin ... for others it might be $10k put on one side in a bank account for using for playing poker live or online

so for you it might be that $20 (now up to $77) or it might be that you have a mental bankroll of say $500 and only played $20 of that (now up to $557)

anyway the crucial thing for you is suggestions on how to carry on with these live games ... afaiks you seem to be finding that they are juicy ... but dont want to get complacent afiaks

IF the buyin for these games is $20 then I generally suggest min of 20x max buyin for NL cash and therefore you could go less for limit - as its suposingly mind numbingly safe ;-)

even so I would seriously suggest that until you've got $300+ then your not really rolled properly for these games

I would look at it like this ... you now have nearly 4 buyins ... you really need to be playing in comfort with 15-20 ($300-$400) to then carry on at this same limit and then be extracting pure profit knowing that you have enough back in reserve

hope that makes sense

also some good advice from others in terms of discipline - however IF you really have good control and understanding of a LIVE game then you will know there are times and nights where the luck is going in favour of otherwise poor players and it IS worth staying in the game ... and therefore requires another cash up ...

that however is a world of difference from madly rebuying into a cash game where your losing because your the mug at the table

case in point is our now less than regular home cash game ...

buyin is $20 min, some nights I could scrape around with a single $20 buyin, however on the stakes / blinds we play really the min buyin should be $40 ... so I almost always "rebuy" after 3 or 4 hands (having kept most of the first $20) to get more money into circulation, encourage others to get in the action

however sometimes its a slow night / bad night and I'll need to buyin for another $40 ... the thing is I know that game pretty well ... I know if the luck is running against me it wont last and those chips really are just a loan and if they dont come back to me + some ... then they will be going to one of 2 other players ... the bottom line is that I know in a typical game there will be upwards of $600 in play by the end of the night so having an $80 stake isnt so bad ... its likely that $20/$40 or $80 in that game is likely to go up to $180-$220 or even more on a good night it makes alot of sense to be prepared to invest that $80 and not say I've lost my $20 or $40 I'm off home ...

the point is you should be sensible but that also means factoring in the state of the game and the potential OR NOT of a game

with your current bankroll I would play limit and play steady - it looks like the money can just be steadily won ... run it up to $300 then start creaming off the profit for whatever you want to spend it on ;-)

cheers scrawnybob

[Limey777]

Limey is a very smart monkey that has trouble with english, or lol, american. Please do not feed him or taunt him.

anyways when folks from his Island say nit they mean rock/tight/passive, as in A nit is a tight-passive player that avoids confrontations. Typically, the term nit is used when this type of passive player plays in a pot-limit or no-limit game. Nits tend to avoid big pots and do not like to gamble.

TAG is Tight Aggressive Play

LAG is Lose Aggressive Play

Well I do the best I can. I'm from a small island in Europe that is well populated with Limeys. I've been in the U.S. for some years now and you're probably not surprised to hear that Americans correct me on my English on a regular basis. Like I said, I do the best I can.

Sorry, I was trying to post this morning but had lots of background stuff going on and I have the attention span of a 2yr old. Was it just the explanations of the abbreviations or was there another problem. I'd be happy to elaborate (<--- big word there) on any aspect of my previous post.

[Dan Abnormal]

BOB

It was live limit $1/$2 and not a home game. $20 is the lowest you can play for at this card room. The MTT's are on the steep side most $55 + one $10 add on or buyin's are around $110.

So right now Id be better off trying to stay a profitalbe and get my BR at $300 before even considering tournies and such live.

WHen you say I need to go in with 15-20 buy ins. How many chips should I being stacking myself with initially, for the most part it looked like no one invested more than $40 at one time. But they would keep rebuying and rebuying.

I think Im gonna deposit the money on a green dot visa and that will be the bankroll and keep the money seperated that way.

SO basically I need to determine my starting bankroll and put that money on the card and then all of that just becomes POKER money. Then put a cap on what Im allowed to play each night or weekly allowance and only stray from this if Im at a winning table.

I dont know what mentally Im gonna start as BR, since luck was on my side (DID I SAY LUCK I MEAN AWESOME PLAY lol) and I gotta prove this wasnt beginners luck curse, so I think Im going to limit myself to no more than 2 buy ins ($40) but only one buy in to start and see how it goes from there. That $20 gets me 10 orbits since BB and SB are both $1. And try to get the BR upto $300

I gotta think about when to start even thinking online bankroll as this .01/.02 nl is kicking my ass a lot harder than the live game last night. Right now Im sorta of just using my online money as kind education money since Im not sure what my niche is as Im trying to be acceptable in all of them but (as Im finding out) this is not an overnight transition.

If you want to re-live the night check out my first time live thread (with chip pixs), and some thoughts on what happened when I tried to play today and the list

[scrawnybob]

hi

I guess from what youve said you should just keep doing what your doing and take it steady

afiaks if the Limit $1/1 table is the cheapest game and tournaments seem to be high then your going to get all the low stakes players in this game ...

most likely most will be beatable but you might find some that are just low stakes grinders

just plug away at it - im guessing your going to get to know these players really well

ok so you might not be ideally rolled for it but I would just try to do it $20 at a time

if the table proves to be weak enough to take nearly $60 in profit again next night then you might have yourself a regular little cash cow 5mins from home

however bear in mind the regulars arent going to like getting mugged on a regular basis so you might need to adopt the daniel negreanu school of poker winning = getting them so they like losing to you as much as they like winning ;-)

cheers scrawnybob

[Dan Abnormal]

Well I flunked the first bankroll test, let see if we can put to use tonight. One quad IM RUNNING FROM THE CARD ROOM lol