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Posted: Fri, 29 Jul 2005, 6:54am Post subject: Wish I found this site sooner
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High Card

Joined: 24 Jun 2005
Posts: 6 WPP: 60
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Hey all
I'm a beginner who's been playing on Poker Room for few months now. Baiscally found out about online poker during a game my friend put together.
Well, I screwed up Bankroll Management but I'm improving as a player. Currently the lowest limit PR has is .25/.25 and I've got a bankroll of $104 and change. (started at $50).
Anyway, reading this site has given me great insight and I was wondering if I should bother switching sites to get a lower-stakes game to fit my bankroll, or continue with my limited success at PR and slowly raise my BR. |
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Posted: Fri, 29 Jul 2005, 9:52am Post subject:
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Flush

Joined: 01 Jul 2005
Posts: 250 WPP: 111
Location: Reraising you from the button
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Hey dOOd, welcome to FTR.
In answer to your question, if you are playing .25 NL, then yes switch to a different site immediately. You will probably lose all your money if you continute to play with 4 buyins. Look for a site that offers 10NL, or even 5NL. Remember, 15 buyin minimum for No Limit. |
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Posted: Fri, 29 Jul 2005, 12:23pm Post subject:
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High Card

Joined: 24 Jun 2005
Posts: 6 WPP: 60
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Thanks for the response
Just dreading the cash out and re transfer when it costs $ from Net Teller to do so...
I like the SnG tourneys better, I was thinking of sticking it out on the $5 - .50 tourneys they had there as it would at least give me 20 buy-ins |
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Posted: Fri, 29 Jul 2005, 12:41pm Post subject:
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Flush

Joined: 19 Apr 2005
Posts: 363 WPP: 89
Location: SoCal
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| JohnnyO wrote: | | Just dreading the cash out and re transfer when it costs $ from Net Teller to do so... |
Neteller only charges you when you deposit money from your checking account. You can pull money out and transfer it to another poker room at no charge. |
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Posted: Fri, 29 Jul 2005, 1:07pm Post subject:
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Full House

Joined: 08 Jun 2005
Posts: 892 WPP: 80
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| Theeggman wrote: | | JohnnyO wrote: | | Just dreading the cash out and re transfer when it costs $ from Net Teller to do so... |
Neteller only charges you when you deposit money from your checking account. You can pull money out and transfer it to another poker room at no charge. |
I didn't know that since I have only deposited once. Thanks for the info. |
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Posted: Fri, 29 Jul 2005, 1:56pm Post subject:
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High Card

Joined: 24 Jun 2005
Posts: 6 WPP: 60
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| Yeah, that's GREAT news... Thanks Theeggman! |
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Posted: Fri, 29 Jul 2005, 2:42pm Post subject:
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Administrator

Joined: 04 Dec 2003
Posts: 1742 WPP: 218
Location: on my laptop
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| Yes, when in doubt switch to a site with lower stakes. You can always move back up in stakes when you are more confident. |
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Posted: Fri, 29 Jul 2005, 2:56pm Post subject:
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Flush

Joined: 01 Jul 2005
Posts: 250 WPP: 111
Location: Reraising you from the button
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| yeah I dont quite remember what the bankroll requirements are for SnG tournaments (They are lower than for NL I think) Check the Bankroll Management thread. |
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Posted: Fri, 29 Jul 2005, 9:29pm Post subject:
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Straight Flush

Joined: 24 Jan 2005
Posts: 5407 WPP: 60
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Some people say 15xBB is enough for SNGs, some people say 20xBB, others say 25xBB, there are some that say 30 or above should be the minumum for a serious player at the high levels.
I have gone many many OOTM before, and i can guarantee that 15xBB is not enough, especially at Party Poker. There have been variance simulations where a realy good player can go through 17 Buyin drops. I think the minumum should be at 25. But thats just me. |
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Posted: Fri, 29 Jul 2005, 11:09pm Post subject:
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Full House

Joined: 16 Apr 2005
Posts: 949 WPP: 56
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| Theeggman wrote: | | JohnnyO wrote: | | Just dreading the cash out and re transfer when it costs $ from Net Teller to do so... |
Neteller only charges you when you deposit money from your checking account. You can pull money out and transfer it to another poker room at no charge. |
You're half right there... they only charge when you use the instant transfer option. The standard EFT is free but it takes time |
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