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Ragingg
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11-17-2004, 03:13 AM
Post subject: My profit spikes....
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#1 (permalink)
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3-of-a-Kind
Join Date: Oct 2004
Posts: 109
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So I started off with 50 dollars and had no spikes.... Over the course of 1 week I had accumulated nearly 600 dollars. A few days after I had 1500, and thats when things started to go wrong. I was playing the 200 NL and I lost a few bad beats and my bad luck streak continued. Downward my profits plunged until it hit 370!!! Today, in one day, I have brought it back up to a respectable 844 and was very pleased :P . Does everyone have $1200 spikes or is it due to my recklessness?
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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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I normally have $5 spikes 
I think you should probably talk to someone about bankroll management.
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LOL OPERATIONS
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|~|ypermegachi
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4-of-a-Kind
Join Date: Aug 2004
Location: emo-kid
Posts: 3,580
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what did you expect? you're playing with a quarter of your bankroll. of course you're gonna have huge ass fluctuations.
to play NL ring, you should have at least 20x the max buyin. so playing 200 NL you should have 4000 to play there.
lower the limits you play. just a run of cold cards and you'll go broke if you stick at those limits.
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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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I liked your old avatar chi 
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LOL OPERATIONS
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Ragingg
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3-of-a-Kind
Join Date: Oct 2004
Posts: 109
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Oh... I think someone on here told me that you can play at any NL game as long as you think you have the skill.... They said bankroll only really matters in limit. True?
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|~|ypermegachi
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4-of-a-Kind
Join Date: Aug 2004
Location: emo-kid
Posts: 3,580
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Quote:
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Originally Posted by Ragingg
Oh... I think someone on here told me that you can play at any NL game as long as you think you have the skill.... They said bankroll only really matters in limit. True?
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well let's see...you bring in for 200 bucks, and get dealt AA first hand. you bet like 5x the BB, someone raises you another 10 more, you reraise all in, and they call, and flip over the kings. flop nothing, turn nothing, river king. well this happens 18% of the time. and you just lost 200 bucks from otherwise perfect play. obviously you'll win 82% of the time, but that's why it's important to have 20x the buyin so you don't go broke in the rare occasion you get outdrawn on.
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mike4066
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4-of-a-Kind
Join Date: Dec 2003
Posts: 1,943
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Quote:
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Originally Posted by Ragingg
Oh... I think someone on here told me that you can play at any NL game as long as you think you have the skill.... They said bankroll only really matters in limit. True?
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Absolutely NOT!
You will get sucked out in Limit AND NL. In NL a bad suckout can take your entire buy-in.
So think about the above sentance, then tell whoever said "NL doesn't need a BR if your good" to go choke themseleves.
You don't need the "300BBs" but its close. Typically people talk 10x buy-ins so for the $25 NL game $250 "should" be enough.
But you need a Bankroll for anything you do.. unless you just want to play now and then, and don't really care about re-depositing or moving up.
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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mike's right...
Wow, that left an odd taste in my mouth.
Anywho, mike's right. Any discipline of poker will have its swings, you can never be consistently dealt the nuts and have a lock on the hand. Almost every hand can lose and will at one point or another. There are just too many ways that you can dump a small bankroll in NL. This morning I was playing some good 50NL hold 'em and still lost 150 bucks. Some were suck outs but I managed to not pay many off and a real maniac who loves 54o against my KK. I like to consider myself a good player and I, just like everyone else, can swing down sometimes.
-'rilla
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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Ragingg
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3-of-a-Kind
Join Date: Oct 2004
Posts: 109
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Quote:
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Originally Posted by a500lbgorilla
Unlike limit, NL isn't about proper bankroll and moving up. Limit has cut and dry solutions for most situations so the limit doesn't matter. But in the move up in NL, the fish count shoots way down. You should only move up once you feel very confident in your play and be willing to drop back down if you don't think you can't hack it.
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Hah... But you just contradicted yourself gorilla.... So is it more important to have a big bankroll for your self esteem or does it really make you play better...
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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Quote:
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Originally Posted by Ragingg
Quote:
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Originally Posted by a500lbgorilla
Unlike limit, NL isn't about proper bankroll and moving up. Limit has cut and dry solutions for most situations so the limit doesn't matter. But in the move up in NL, the fish count shoots way down. You should only move up once you feel very confident in your play and be willing to drop back down if you don't think you can't hack it.
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Hah... But you just contradicted yourself gorilla.... So is it more important to have a big bankroll for your self esteem or does it really make you play better... |
What? Where's the contradiction? You need a bankroll to handle the swings and to also become less exposed to tilt. 50 bucks just isn't what 50 bucks used to be for me. Bad beats don't tilt me, missplays tilt me.. but not the beats.
-'rilla
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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Ragingg
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3-of-a-Kind
Join Date: Oct 2004
Posts: 109
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Hmm... I read your post again and I see that you aren't contradicting yoruself.... They are. lol
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