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playing with a small bankroll

  
 
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Ragingguitarist18
Old 03-11-2004, 12:47 AM     Post subject: playing with a small bankroll #1 (permalink)  
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after my first deposit of 50 about a month ago, i was able to get to about $343, however i sensed a bit of a slump lately. The cards just werent coming, and when they did (like A-A) the nasty habit of partypoker putting down 4 suited cards on the board to beat me came. Overall I didn't like the situation so I cashed out leaving me only 25. Should I continue with no limit or should i switch to limit and see if I can slowly make some ground there. It isn't impossible, ive worked my way up from $29 before. Just want your advice and what I should be doing to increase my chances.
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Eric
Old 03-11-2004, 03:46 AM #2 (permalink)  
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One of the problems with limit is that it is harder to punish players who are trying to draw out on you. No limit is more profitable for me but everyone has different preferences.
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mike4066
Old 03-11-2004, 04:11 AM #3 (permalink)  
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not sure what to tell ya here sorry..

NL is a sinner and a saint for me. its won me money and lost me money. Usually lose because I can't leave the table when I should.
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Bite
Old 03-11-2004, 10:29 AM #4 (permalink)  
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I'd definitely stick to NL if I were you. But $25 is too less of a bankroll if you're not gonna play say 0,05/0,10 and I don't believe PP has those tables. I'm not saying it can't be done but if you suffer some bad beats you're out. You need a bigger buffer. Why not just try and get it up a bit. If you have a good day it shouldn't be a problem and IF you have a bad day well...then it's nothing to do about it. Another reason I think one could use a bigger br is that when you think you got the best hand you probably are but if it aint the nuts then one might lay down to a big bet if it's the last money. I want to be able to call an all-in and if I lose I will be able to buy in again...not having to deposit money again. Around $200 should be a fine br for a long term winning player, playing low blinds NL. At least $200. Hope you manage it whatever way you decide to try. Good luck and have fun
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jmrogers7
Old 03-11-2004, 02:59 PM #5 (permalink)  
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I would agree with bite. I personally try to keep between $150-$200 in my bankroll. I usually play .25/.50 blinds in NL and the max buyin at the table is $50. I feel comfortable with that amount in my bankroll. I will usually enter a table with the max-buyin ($50). I like to have as much available as possible because if and when the nuts comes and I have callers I want to be able to have enough to make the pot as large as possible if I can get callers to go all-in with me.

I personally have found that I have much larger swings during the rare times that I play limit hold 'em. Most likely due to having more people play their draws and getting beat on the river because of it. For that reason, I prefer NL over limit.

I guess it all comes down to personal preference. Good luck.
"The urge to gamble is so universal and it's practice is so pleasurable, that I assume it must be evil." - Heywood Broun
 
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Ragingguitarist18
Old 03-12-2004, 03:36 PM #6 (permalink)  
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argh! its gone, limped in with q-j, got top pair (jacks), good kicker, felt very confident about my hand, 2 hearts on the board, i bet big to stop anyone from chasing, of course some dumbass calls a big bet on a flush draw, of course it comes after ive already bet a lot of money on the hand. I really want to try poker stars or ultimatebet now, I see so many flushes on pp its insane.
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mike4066
Old 03-12-2004, 03:59 PM #7 (permalink)  
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tough break man.. I had my top 2 pair snapped of by "Runner, Runner, couldn't be funner" twice last night...


I just did the math, i've dropped over $260 this year in Party poker..

Good thing I've done well enough in live action to cover most of it.. I figure for the year I'm down maybe $100 not bad considering I play 3X a week at least.

I need to make a spread sheet to find out what I take to the tables, and what I leave with.. Start keeping better track of where my bankroll is.
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Fnord
Old 03-13-2004, 03:46 AM #8 (permalink)  
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lol, I my PP account just hit $1,500 and I cashed out my first $500 a couple days ago. Although I'd probably be just fine playing with $500. Furthermore, my budget is such that if I really wanted to I could deposit a big enough bankroll to play the $200 NL game (my guess is 2-3k would be sufficent since I see players going all-in less often and betting 1x the BB more often.)

Personally, I feel more comfortable having a large bankroll relative to the game I'm playing. It allows me to get more aggressive and grow by taking chances. Certainly, on the subject of playing with too small of a bankroll, just don't do it! As I've said before for $25 NL you should be able to cover $250 - $500.

BTW, I'm told by reliable sources that limit has WORSE swings than no-limit since your edge on poor players is smaller.
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Ragingguitarist18
Old 03-13-2004, 01:09 PM #9 (permalink)  
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I seriously need to register my bank account, im addicted.
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mike4066
Old 03-13-2004, 04:39 PM #10 (permalink)  
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i had to register mine

makes cash outs easier
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jmrogers7
Old 03-14-2004, 03:59 PM #11 (permalink)  
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Hey mike4066 -

If you're still looking at Ultimate Bet I can give you my screen name for the 50% refer-a-friend bonus. If not, that's cool too. Of course if the admins of this site support UB then give them the referral since it would help support this site.

As I've mentioned, I play UB pretty much exclusively. I'm not sure they are any better than any other online poker room but I like them best of those I've played. I believe that ttanaka started there as well.

Their best feature is that you can get your hand history immediately right from your table window. Love that! No waiting for an e-mail.

Anyway, lemme know if you're interested and I can give you my screen name.
"The urge to gamble is so universal and it's practice is so pleasurable, that I assume it must be evil." - Heywood Broun
 
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Ragingguitarist18
Old 03-14-2004, 04:06 PM #12 (permalink)  
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i think youre talking to me, not mike but definitely interested
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jmrogers7
Old 03-14-2004, 05:00 PM #13 (permalink)  
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Oops! You're right! Sorry about that.

In any event, I think we should give the admins at FTR first dibs since they do such a great job on this site. But if they don't want the referral at UB then I'd be glad to e-mail you my name and get ya signed up!
"The urge to gamble is so universal and it's practice is so pleasurable, that I assume it must be evil." - Heywood Broun
 
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nemofromuscl
Old 05-14-2004, 02:39 AM #14 (permalink)  

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Would it be stupid to put 50$ into pokerroom.com to play .25-50 NL(On a mac, cant play anywhere else)? Im not very old and I dont think i would want to put very much more than 50, but I can afford to lose 50 and be fine.

Conor
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nemofromuscl
Old 05-14-2004, 02:42 AM #15 (permalink)  

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Would it be stupid to put 50$ into pokerroom.com to play .25-50 NL(On a mac, cant play anywhere else)? Im not very old and I dont think i would want to put very much more than 50, but I can afford to lose 50 and be fine. Also now that i think of it it might not be such a good idea because when I play in play in school, but its always short handed or heads up only, and I havent read anything about that, though I do better than most people i play.

Conor
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nemofromuscl
Old 05-14-2004, 02:42 AM #16 (permalink)  

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Would it be stupid to put 50$ into pokerroom.com to play .25-50 NL(On a mac, cant play anywhere else)? Im not very old and I dont think i would want to put very much more than 50, but I can afford to lose 50 and be fine.

Conor
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nemofromuscl
Old 05-14-2004, 02:44 AM #17 (permalink)  

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Would it be stupid to put 50$ into pokerroom.com to play .25-50 NL(On a mac, cant play anywhere else)? Im not very old and I dont think i would want to put very much more than 50, but I can afford to lose 50 and be fine.

Conor
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johnnyawe
Old 05-14-2004, 02:44 AM #18 (permalink)  
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I think for a $25 max buy-in no limit tables with 0.25 and 0.50 blinds, you need a minimum of $250 to be able to survive the downswings.
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Ragingguitarist18
Old 05-14-2004, 03:58 AM #19 (permalink)  
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well seeing as my experience with this, its not a terrible idea, if you are patient and willing to grind it out, but knowing you are playing with half your bankroll really does play on your mind, even if you tell yourself it won't. Trust me, it does. Why not try ultimatebet or pokerstars? They have .10-.25 blinds games and also penny ante games, grind out some cash and slowly move up when you have the adequate bankroll.
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SteveO
Old 05-14-2004, 03:44 PM #20 (permalink)  
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If you have $50 that you are comfortable losing, go ahead. Get your feet wet for a little real money. Be advised that unless you are a solid player, you will lose it. In fact, as mentioned above, even if you are solid you will take some bad beats that will hurt and quickly wipe out a $50 bank roll.

It sounds to me that because of your age you do not have the financial means to seriously play for real money.

I agree w/ Fnord that you want $250-500 to be comfortable, at least for me to be comfortable. I cashed out a bunch and started over w/ $200.00 and tripled that. I'm going to cash out again and get a bonus.
Send lawyers, guns and money - the sh*t has hit the fan!
 
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black666
Old 05-14-2004, 04:50 PM #21 (permalink)  
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Quote:
Originally Posted by mike4066
I need to make a spread sheet to find out what I take to the tables, and what I leave with.. Start keeping better track of where my bankroll is.
Maybe you should try pokertracker (http://www.pokertracker.com). It's a must for serious poker players...
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Bite
Old 05-15-2004, 11:15 AM #22 (permalink)  
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I think you can play with a small bankroll if you play rocklike at a loose table where u will get called anyway. But it will leave a lot of value on the tables. I think it's better to play at micro-limit with that bankroll. And the games are even easier there.
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nemofromuscl
Old 05-16-2004, 12:28 AM #23 (permalink)  

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I think Im just gonna try to play super solid, because the lowest pokerroom.com has is .25-50 NL. Thanks for the advice though
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Blackstar
Old 05-18-2004, 04:58 PM #24 (permalink)  
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I may be crazy, but it sounds like you aren't old enough to be playing online in the first place, especially if you are playing at school. But it's not like I don't do illegal things all the time(I'm a cronic jaywalker). 50 bucks is only enough if they haven't pressed the bad beat button on you. I bought on for 100 on sunday night, made it up to 830, got done at 4am(5 hours later) with 593. I took 493 into my neteller account immediatly before bed. I was in the .50-1.00 $100 max buy no limit room.

So yesterday I figured "f' it. let's try that again." Took my hundred and lost 60-70 immediately. brought back 100 from neteller(coughjunkiecough) lost all the way down to 17.75(minus 182.25 for the day). I decided to put 100 more on from my neteller account and made all of my money back plus 30 bucks. It was weird though because it was literally seconds after depositing the money back on the account, I started actually hitting my cards and people were folding on my bluffs.

- first hand won 10 on a stone cold river bluff (107.75 in chips)
-3 hands later I win 40 bucks hitting a set on the flop with pocket rockets. ($149.50 in chips)
- lost 22 with pocket 8s to pocket Qs that set up on the flop a couple of hands later. ($126.50 in chips)
- After stealing the blinds on the next hand i got crazy. I know this guys is blazing mad after this one... I was in the small blind with 45c. some guy raised it to 5 and got another caller along with me . I flopped top pair with an outside straight draw. I bet 8. dude called (oops...) next card was rags. I check he bets 5 i call. river was a 5. I bet 45. he calls with pocket rockets I win $130 with 45c. ($195.00 in chips)
- very next hand I lose with big slick 2 pair because this guy caught my ace on the river for a q high flush. lost 43.50 consolation prize? I won 7.75 on the next hand with 6s full of aces. great... ($159.25 in chips)
- after a nice tilt session by me I was down to 125 but I flopped a 27-two pair to get me back up to 141 .
-got deal AA in the big blind very next hand and EVERYONE folded before I could even attempt to bet. sweet.
-I then hit a set of tens, flopped 2 pair(K3 bigblind),rivered a stone cold bluff pot, and played 25s, hit a flush and won $25 against some one with absolutly nothing to get me up to 201.75.
-My last hand of the night was hilarious and i posted it in the hand history section. pocket 5s,
*** FLOP *** : [ 6h 4h 4c ]
I bet 8. one caller.
*** TURN *** : [ 6h 4h 4c ] [ 7h ]
outside straight flush draw. I bet 8, raise to 16, reraise 16 by me, rereraise 16, i call 8 more.
*** RIVER *** : [ 6h 4h 4c 7h ] [ 8h ]
I put him all in and he called his remaining 75
*** SUMMARY ***
Pot: $245 | Rake: $3
Board: [ 6h 4h 4c 7h 8h ]
26offsuit didn't bet (folded)
Raheim35 didn't bet (folded)
VICOLOCO lost $123 (showed hand) [ Ah 3h ] (a flush, ace high)
Schimshamity bet $208, collected $330, net +$122 (showed hand) [ 5c 5h ] (a straight flush, four to eight)
Boogeyman lost $1 (folded)
erns196 lost $1 (folded)

Final total:
Seat 5: Schimshamity ($330.00 in chips)(+30 bucks for the day)


Moral to the story. sometimes its enough but mostimes you need a little leeway in your bank account...
You don't have to have the nuts. Just the balls!
 
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Ragingguitarist18
Old 05-18-2004, 09:38 PM #25 (permalink)  
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Quote:
Originally Posted by Blackstar
But it's not like I don't do illegal things all the time(I'm a cronic jaywalker)
you son of a bitch, ban him Xianti.
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Xianti
Old 05-19-2004, 01:21 AM #26 (permalink)  
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Quote:
Originally Posted by Ragingguitarist18
Quote:
Originally Posted by Blackstar
But it's not like I don't do illegal things all the time(I'm a cronic jaywalker)
you son of a bitch, ban him Xianti.
I'm chortling.

"Chronic Jaywalker." Haven't heard that one before.
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Blackstar
Old 05-19-2004, 03:22 PM #27 (permalink)  
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Quote:
Ragingguitarist18 wrote:
Blackstar wrote:
But it's not like I don't do illegal things all the time(I'm a cronic jaywalker)

you son of a bitch, ban him Xianti.

I'm chortling.

"Chronic Jaywalker." Haven't heard that one before.
Had to look that one up. I hate scrabble...
You don't have to have the nuts. Just the balls!
 
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