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When do you quit?

  
 
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Tazzmn911
Old 11-02-2008, 08:39 PM     Post subject: When do you quit? #1 (permalink)  

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I've played recreationally for the last couple of years and like all love the game. Only recently have I wanted to take it seriously to a higher level.

One of my biggest leaks has been bankroll managment. So now I am concentrating on adhering to the guidelines. Hopefully I will see my roll increase over time as I extract more and more knowledge from you fine folks here at FTR. *So far I've built my $25 to $66 over the last two days.

My question though is this: When do you leave the table? And I mean more so when you are winning. As a beginner, I make mistakes. And most times these mistakes are usually very costly. And most times they occur when I have built up my initial BI to maybe 2 - 4x. I need to work on my game to avoid making these mistakes but I'm curious if others here have a percentage or amount that if reached they decide to leave. Now I don't expect a magical number and I'm sure some people will say, as I have read, that they never leave a winning table.

Just curious what BR management guidelines people use, if any, to leave and pocket profits when building their role. Perhaps leave with profit and find another table to begin again? Hope this question makes sense.

Thanks in advance to all who reply.

Tazz
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kb coolman
Old 11-02-2008, 09:05 PM #2 (permalink)  
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As a general rule, I don't have more than 10% of my roll in play at one table. I play 10NL, so when my stack hits $30, I start thinking about winding down. If I hit $40, I wait for the blinds then leave.

I've also found that having a huge stack at lower limits can be counter productive. Other players at $15-$20 aren't as willing to bet into you, since you can put their whole stack on the line.

Of course, that rule goes completely out the window if you have a maniac at the table. You don't leave until they do.
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spoonitnow
Old 11-02-2008, 09:17 PM #3 (permalink)  
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Quote:
Originally Posted by kb coolman
As a general rule, I don't have more than 10% of my roll in play at one table. I play 10NL, so when my stack hits $30, I start thinking about winding down. If I hit $40, I wait for the blinds then leave.
This is totally irrelevant if you're the biggest stack. If the 2nd biggest stack is say $15, then you only have $15 in play.
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Rule # 1: don't ask questions

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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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Stacks
Old 11-02-2008, 09:35 PM #4 (permalink)  
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Tazzmn911
Old 11-02-2008, 09:48 PM #5 (permalink)  

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Thanks Stacks!!! Should have known any topic has already been addressed. Promise to search thoroughly next time.

Thanks again!!!
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kb coolman
Old 11-02-2008, 10:01 PM #6 (permalink)  
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Quote:
Originally Posted by spoonitnow
This is totally irrelevant if you're the biggest stack. If the 2nd biggest stack is say $15, then you only have $15 in play.
Good point...hadn't thought about it like that.
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Stacks
Old 11-02-2008, 10:07 PM #7 (permalink)  
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Quote:
Originally Posted by kb coolman
Quote:
Originally Posted by spoonitnow
This is totally irrelevant if you're the biggest stack. If the 2nd biggest stack is say $15, then you only have $15 in play.
Good point...hadn't thought about it like that.
aka effective stack.
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al yell
Old 11-03-2008, 04:01 PM #8 (permalink)  
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Quote:
Originally Posted by kb coolman
I play 10NL, so when my stack hits $30, I start thinking about winding down. If I hit $40, I wait for the blinds then leave.
Unless the table dynamics that allowed you to acquire several buy-ins change, why in the world would you ever leave that table!? I'd prop my eyelids up with toothpicks and piss in a cup before I'd ever consider standing up.
 
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kb coolman
Old 11-03-2008, 04:36 PM #9 (permalink)  
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Originally Posted by al yell
Quote:
Originally Posted by kb coolman
I play 10NL, so when my stack hits $30, I start thinking about winding down. If I hit $40, I wait for the blinds then leave.
Unless the table dynamics that allowed you to acquire several buy-ins change, why in the world would you ever leave that table!? I'd prop my eyelids up with toothpicks and piss in a cup before I'd ever consider standing up.
Because I've often found that the table dynamics have already changed by the time I've hit 3-4 buyins. I've stacked two or three donks, and I've drastically increased the $/hand, which is going to attract the stronger players. I ALWAYS look for tables where more $$ is in play per hand, as I'm sure does everyone else on this forum. I don't want to sit a ring game with 7 guys like you.

This is all a matter of opinion, but I like to have entry and exit points. But like I said in my earlier post, all rules go out the window with a maniac at the table.
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al yell
Old 11-03-2008, 04:59 PM #10 (permalink)  
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Quote:
Originally Posted by kb coolman
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Originally Posted by al yell
Quote:
Originally Posted by kb coolman
I play 10NL, so when my stack hits $30, I start thinking about winding down. If I hit $40, I wait for the blinds then leave.
Unless the table dynamics that allowed you to acquire several buy-ins change, why in the world would you ever leave that table!? I'd prop my eyelids up with toothpicks and piss in a cup before I'd ever consider standing up.
Because I've often found that the table dynamics have already changed by the time I've hit 3-4 buyins.
That's all the reason u need. I was just concerned you were leaving tables strictly based on ur stack size.
 
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PlayToWin
Old 11-03-2008, 06:19 PM     Post subject: Re: When do you quit? #11 (permalink)  
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Quote:
Originally Posted by Tazzmn911
Perhaps leave with profit and find another table to begin again? Tazz
Obv, others will disagree, but this is what I did last night. I "banked my profit" by leaving and finding another table. I didn't feel comfortable with the big stack because even the worst maniac donkey can get lucky and take your stack. I ended up +3BI's for my best day yet.
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kb coolman
Old 11-03-2008, 08:01 PM     Post subject: Re: When do you quit? #12 (permalink)  
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Quote:
Originally Posted by PlayToWin
I didn't feel comfortable with the big stack because even the worst maniac donkey can get lucky and take your stack.
That just seems completely wrong to me. With big stack, the maniac usually can't take your stack because they're too busy re-buying. The swings can be crazy, but staying at the table with a maniac is always +EV. It's the sharks I'm worried about. If I'm sitting $40, I want to get away from the table with 4 other guys all have $30+. First off, I don't really want to tangle with them if I don't have to, and there aren't as many fish to go around when you have that many monster stacks at the table.
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PlayToWin
Old 11-03-2008, 08:49 PM     Post subject: Re: When do you quit? #13 (permalink)  
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Quote:
Originally Posted by kb coolman
Quote:
Originally Posted by PlayToWin
I didn't feel comfortable with the big stack because even the worst maniac donkey can get lucky and take your stack.
That just seems completely wrong to me. With big stack, the maniac usually can't take your stack because they're too busy re-buying.
I didn't say I was scared of the donkey. I used that as an example of one way to lose a stack. Like the OP, I'm trying to build a roll. Maybe with more experience and monies in the roll, I'll enjoy playing with a big stack.

I saved this info written by a reg. (maybe Jymns, not sure). These posts influenced my thinking on the matter:

"Watch the table stacks, and don't allow a 200BB stack be in danger when you’re having a good run. There is nothing worse than spending 2 hr's grinding a tidy profit, only to see some guy buy in for $10 and shove over your AA with KJo and suckout your whole days effort. Yea, we want that most of the time, but when grinding a BR, it's going to do more harm than good sitting at a table with 200BB's."

This was a response to that post:

"This is a very important point to be rehashed. At the Micro stakes level. It is so easy to nickel & dime your way to an $18 stack on a $10NL table. Before you know it you have AA and some guy calls off his whole stack to chase a dream with J6Sooted and hits. Bye-bye stack. "
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