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Wish I found this site sooner

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

Joined: 24 Jun 2005
Posts: 6
WPP: 60

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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underminedsk
Post Posted: Fri, 29 Jul 2005, 9:52am    Post subject: Reply with quote
Flush
Flush

Joined: 01 Jul 2005
Posts: 250
WPP: 111
Location: Reraising you from the button
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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JohnnyO
Post Posted: Fri, 29 Jul 2005, 12:23pm    Post subject: Reply with quote
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Joined: 24 Jun 2005
Posts: 6
WPP: 60

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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Theeggman
Post Posted: Fri, 29 Jul 2005, 12:41pm    Post subject: Reply with quote
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Joined: 19 Apr 2005
Posts: 363
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Location: SoCal
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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EricE
Post Posted: Fri, 29 Jul 2005, 1:07pm    Post subject: Reply with quote
Full House
Full House

Joined: 08 Jun 2005
Posts: 892
WPP: 80

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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JohnnyO
Post Posted: Fri, 29 Jul 2005, 1:56pm    Post subject: Reply with quote
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Joined: 24 Jun 2005
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Yeah, that's GREAT news... Thanks Theeggman!
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Eric
Post Posted: Fri, 29 Jul 2005, 2:42pm    Post subject: Reply with quote
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Joined: 04 Dec 2003
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Location: on my laptop
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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underminedsk
Post Posted: Fri, 29 Jul 2005, 2:56pm    Post subject: Reply with quote
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Joined: 01 Jul 2005
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Location: Reraising you from the button
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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vqc
Post Posted: Fri, 29 Jul 2005, 9:29pm    Post subject: Reply with quote
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Joined: 24 Jan 2005
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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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outphase
Post Posted: Fri, 29 Jul 2005, 11:09pm    Post subject: Reply with quote
Full House
Full House

Joined: 16 Apr 2005
Posts: 949
WPP: 56

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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