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kookaburra
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02-15-2008, 08:10 PM
Post subject: Bankroll related/A thought on moving down a level
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#1 (permalink)
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Join Date: Feb 2008
Posts: 7
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Let's face it, some of us are starting with a smallish bankroll and want to move up in levels quickly, say to the $200 buy in NL game. That's my fantasy. Tried to do it a few years ago, started out with $50 at $10 buy in NL. It's so easy at that level, I quickly moved up to $25 buy in, then to $50, even to $100. Playing outside my bankroll the whole time, but with confidence.
Once I had $400, I sat with $200 at a $1/$2 NL table, and played KK very badly to lose my whole buy in against AA.
I moved back down, as was my "plan" if things didn't go well at $200 NL.
Back at the $50 table, though, I suddenly felt like a god of poker. I already trashed this level, right? I can push people around and rebuild my stack even faster. Consequently, I gave another $150 away on big bluffs...back to square one.
Has anyone else had this experience? Overconfidence when moving down a level?
As I'm coming to see, this is just one more (somewhat obscure) aspect of the psychology of bankroll management.
My aggressive advancement strategy is beginning to look less attractive, the more I think about it. I think I'll stay down where I'm playing well until I really have enough to move up.
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ProZachNation
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Full House
Join Date: Aug 2005
Location: Over there!
Posts: 801
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/facepalm
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Quote:
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Originally Posted by mrhappy333
I didn't think its Bold to bang some chick with my bro. but i guess so... thats +EV in my book.
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spoonitnow
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Straight Flush
Join Date: Sep 2005
Location: IRC Chat Room
Posts: 5,406
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lol @ "aggressive advancement strategy"
There is no advancement when you do that. Your skill level can only decrease.
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Quote:
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Originally Posted by Ripptyde
I only have 2 simple rules when I am coaching a new student.
Rule # 1: don't ask questions
Rule # 2: don't ask questions
I have no interest in discussing strategy with a protege'. Your job is to remain quiet and listen. I have a very systematic approach that I will share with the right candidate and I promise that I will turn you into a force of nature and show you elements of the game of poker that you never knew existed.
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bjsaust
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Straight Flush
Join Date: May 2007
Location: Ballarat, Australia
Posts: 5,842
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Whilst theres probably some merit in what you say, I cant get over the fact you use the term bankroll management in a post displaying absolutely no concept of what that term means.
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Just playing to improve.
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swiggidy
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4-of-a-Kind
Join Date: Sep 2005
Location: Waiting in the shadows ...
Posts: 3,777
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lol @ BR management being obscure
You plan is good for one thing only: losing $50.
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(\__/)
(='.'=)
(")_(")
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kookaburra
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Join Date: Feb 2008
Posts: 7
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Bjsaust, maybe you're just too stupid to make the connection. Sheesh. And swiggidy, learn to read. Umm, no, bankroll management is not an obscure concept. Apparently, my point regarding an *aspect* of poor bankroll management, namely, moving up in level too quickly (an often discussed issue, in this forum), and then moving back down and experiencing overconfidence, was over the heads of bjsaust and swiggidy.
I guess I'll dumb it down in the future.
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swiggidy
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4-of-a-Kind
Join Date: Sep 2005
Location: Waiting in the shadows ...
Posts: 3,777
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Quote:
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Originally Posted by kookaburra
Bjsaust, maybe you're just too stupid to make the connection. Sheesh. And swiggidy, learn to read. Umm, no, bankroll management is not an obscure concept. Apparently, my point regarding an *aspect* of poor bankroll management, namely, moving up in level too quickly (an often discussed issue, in this forum), and then moving back down and experiencing overconfidence, was over the heads of bjsaust and swiggidy.
I guess I'll dumb it down in the future. |
I just won't reply to anymore posts. Good luck with your pokerz.
{EDIT: or we could play HU 4 ROLLZ}
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(\__/)
(='.'=)
(")_(")
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shazbox
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Straight
Join Date: Jan 2006
Location: Ottawa, Ontario
Posts: 170
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people are so angry these days, geeze.
wheres all the love?
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bjsaust
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Straight Flush
Join Date: May 2007
Location: Ballarat, Australia
Posts: 5,842
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You played 200NL with 2 buyins, and then moved down to 50NL and felt overconfident with 4 buyins.
Theres no room for the term Bankroll Management in that post.
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Just playing to improve.
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spoonitnow
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Straight Flush
Join Date: Sep 2005
Location: IRC Chat Room
Posts: 5,406
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Quote:
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Originally Posted by kookaburra
Bjsaust, maybe you're just too stupid to make the connection. Sheesh. And swiggidy, learn to read. Umm, no, bankroll management is not an obscure concept. Apparently, my point regarding an *aspect* of poor bankroll management, namely, moving up in level too quickly (an often discussed issue, in this forum), and then moving back down and experiencing overconfidence, was over the heads of bjsaust and swiggidy.
I guess I'll dumb it down in the future. |
lol wow
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Quote:
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Originally Posted by Ripptyde
I only have 2 simple rules when I am coaching a new student.
Rule # 1: don't ask questions
Rule # 2: don't ask questions
I have no interest in discussing strategy with a protege'. Your job is to remain quiet and listen. I have a very systematic approach that I will share with the right candidate and I promise that I will turn you into a force of nature and show you elements of the game of poker that you never knew existed.
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AlphaKennyBody
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3-of-a-Kind
Join Date: Dec 2007
Posts: 108
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Consider yourself extremely lucky you broke even. EXTREMELY lucky.
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Banhammer on this troll?
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LOL OPERATIONS
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jyms
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Tilting Mod
Join Date: Feb 2006
Posts: 4,836
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I predict we don't see this guy again
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Quote:
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Originally Posted by Trainer_jyms
I predict we don't see this guy again
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I predict your prediction will bring him back.
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LOL OPERATIONS
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Robb
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02-16-2008, 04:09 AM
Post subject: Re: Bankroll related/A thought on moving down a level
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#15 (permalink)
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4-of-a-Kind
Join Date: Aug 2007
Posts: 3,072
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Quote:
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Originally Posted by kookaburra
My aggressive advancement strategy is beginning to look less attractive, the more I think about it. I think I'll stay down where I'm playing well until I really have enough to move up.
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Less attractive. But not heinously ugly?
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