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Posted 2010-03-07 19:23
Group: Forum Members
Registered: 2010-11-10
Posts: 45, Visits: 64
bankroll management


I've been living out here in vegas for several weeks now and had a fledgling bankroll to start off with $1300. Playing 1-2 nl , 1-3 nl (venetian, aria, luxor, station casinos) - started well; sessions (+$30, -$250, + $390, +$400, -$280, +$790, -$55, -- $300, -$280, -$60, +$200)

average buy $280
average play 5hours

Now when I first started out, I was content to just double my money during each session and bounce. Of the 11 sessions I was up at least double in 10 of those sessions. But overaggressiveness, playing tired past 6 hours, and not eating regularly had hurt my results. My friend who plays 5/10 in NJ taj mahal told me that if I make rules I have to abide by those rules. I've been lax with my discipline and have spent my meager winnings on carny games and strip clubs. He gave me some tips and if anyone out there had any useful advice it would be much appreciated.

- play max 4 hours - then leave to eat or take a walk or go back up to hotel room to chill (always stay fresh)
- he doesn't play against a table of drunk guys - (he is a cerebral player and because of that he believes alot of his tactics wouldn't work on against unadulterated aggressiveness) also, when he plays against someone inebriated, he tends to target this person and jumps into every pot with them, instead of playing his usual solid game.
- he puts a max on how much he will lose in a session - usually 3 buyins
- he puts a goal on how much he is content on winning - if he exceeds that point and is rushing he'll keep playing, if he starst to give a good portion back - then he will leave up with the profits - banks it - then if he wants to play later; he will start with his average buy-in (then that session is essentially a free-roll)
- If you feel like your game is off or the table dynamic is not a profitable - ask for a table move or just leave and come back later.
- he tries not to burn himself out - plays just 4 days of the week - as opposed to grinding everyday - (poker is still fun, when you look forward to it)
- be the guy that is always even keeled - when you're good - your money will be in the middle in good situations - you will not win all those situations - so just chalk that up to the game - if you can't make money while surviving bad beats then you probably won't be a winning player. - Players respect guys who don't act *****when **** goes sour.

Please add any other advice that would help prospective low limit pros
Posted 2010-03-09 23:07
Group: Forum Members
Registered: 2010-07-11
Posts: 10, Visits: 37
RE: bankroll management

-Once you start to tilt and feel like it would be better to play higher limits, QUIT.
-Don't be afraid to take a shot at the next level if your BR can handle it, but if your to scared to lose that money, stay at the lower limits and take the shot at a different time.
-Don't make daily money goals. Weekly or monthly work better because you can take a break when you need too instead of playing everyday if your on tilt.
-Try to keep yourself from constantly checking how much is in your account after every couple of hands, but if you feel your losing a lot, just take a break.
Posted 2010-03-09 23:54
Group: Forum Members
Registered: 2010-11-10
Posts: 45, Visits: 64
RE: bankroll management

judgeSTP (2010-03-09)
-Once you start to tilt and feel like it would be better to play higher limits, QUIT.

-Don't be afraid to take a shot at the next level if your BR can handle it, but if your to scared to lose that money, stay at the lower limits and take the shot at a different time.

-Don't make daily money goals. Weekly or monthly work better because you can take a break when you need too instead of playing everyday if your on tilt.

-Try to keep yourself from constantly checking how much is in your account after every couple of hands, but if you feel your losing a lot, just take a break.
Thx

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