Sunday, March 14, 2010

3x in one day....im an animal!!!!!!!!

I figure i should post at least one strat post after all that babble. And seeing as when i was starting out it was the most understated aspect of this game, lets start with bankroll management.

What is a bankroll? When i was working and losing at poker it really didn't matter, i played strictly for fun and id just redeposit. Instead of going out to bars on the weekend and spending a couple hundred, id deposit 200 online and have a shot at winning some money.

But once i started winning, bankroll did matter. I didn't like that i was now a winner and would go bust and have to deposit. I still could, but i just didn't like it. Back in the glory days of poker it was said something like 20-30 buy ins for the level your at. At that time, if ur a good player, maybe that was right. But times they are a changing. The average player is better, win rates are dropping, and variance is rising. So much like a players strategy approach to the game has to evolve, so does a players bankroll approach.

I now suggest playing with 100 buy ins. This is very conservative, but if you are a winning player, this will allow u to very rarely if ever have to drop down, and keep u very comfortable. Also its amazing how just having this big of a br for the level u play can help u not tilt.

But ahhhhhsht, how will i ever move up if i have to make 200 buy ins at my level just to move up to the next. Well ill tell you, here is my theory on the best way to play and continue rising.

Dont take 3, 4, 10 buy in shots at a level. Commit urself to the next level when u move up. What i plan on doing is moving up when i have 150 buy ins for 100nl, i will take a 20 buy in shot at 200nl, dropping down if i hit 11k and obv sticking till i have enough to try 400nl.

Now lets make something clear, at 100nl there are a fair amount of good players. At 200nl id go as far to say its a tough player pool. But at 10nl, 25nl, a player can be a bit more liberal. The games are softer and therefore your chances for success are higher. Id say 30buy ins at 10nl is fine and id give 25nl a 10 buy in shot at $600 or so. Moving down to 10nl if i hit 350. Something like that. Bottom line is find ur comfort spot and stick to that.

I hope this helps and gl at the tables....unless ur at mine

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