suggestions??
success stories

Once upon a time I had $300 on my PS account and made a challenge to turn 300 to 10k. Now I have much more. I started with 4.40 180 mans and micro mtts and moved up from there. Also learning to play 12 180 mans is a great way to boost a bankroll.

http://www.pocketfives.com/blogs/jennifear/

My success is modest(so far) compared to many. I have had a history of having a small success and then taking shots at higher levels and having to deposit again. This time, I followed jennifear's article and it has been much different. I deposited $50 two months ago and had an initial goal of $1000. I have surpassed this and have done so by not playing anything that is more than 1/100th of my br. Good luck.

I am at 8k now and started with 200 3 months ago. Just playing MTTs only with 100 byins. Just play sick volume.

withdraw your money

put in bank

intrest

your welcome.

Do you guys recommend grinding the regular speed 90s instead of the turbo 90s? I don't mind turbo's to an extent and I'm decent regarding push/fold but if you're trying to build / rebuild a roll, better to stay away from turbos for less variance?

i turned $2.76 into 4,800 in 2 months playing SNGs. based my plan off of boku's $5 into $100k plan

Key points to remember about BRM:

The risk of ruin function proves that at any bankroll level, if you withdraw all of your profits therefore maintaining your bankroll at the same level, your risk of ruin is 100%. An example to clarify: say you play $4.40 180plr tourneys and have a bankroll of 100 buy-ins, and every time you exceed that level you withdraw back to 100 buy-ins. In the long run, you will lose your entire bankroll by following this strategy.

There are two valid ways to avoid this problem. The first is to not withdraw your profits, which then gives you a relatively small risk of ruin if properly bankrolled. Of course, it also isn't an acceptable method if you're planning on using poker as an income. The second method is based on the Kelly criterion, and involves stepping down limits during downswings. Unfortunately it's impossible to do pure Kelly betting playing poker because buy-in levels are noncontinuous, but you can approximate it and have a very negligible risk of ruin while still being able to withdraw part of your winnings. This is basically the method that Jennifear recommends in her article, and I would definitely second that recommendation.

The most important thing that I would keep in mind with regards to bankroll management is that it isn't just guesswork. It's all based in game theory and is well-proven. The Kelly criterion is used extensively in the finance field, as are other concepts that are used in poker (such as the Sharpe ratio, which is the reason that multitabling and swapping both decrease variance). A lot of players get the idea that BRM is just a guideline, and that if they don't follow it it's not a big deal. The simple fact is that poker is not profitable in the long term without following proper BRM. It's of significantly more importance than actual poker skill.

 

Originally Posted by LPlates

Bankroll at mo 250 was at 290 but had bad session playing too many tables was trying to play 8 tables and kept bubbling ($5 10 man dob sitngo) going to keep it to four tables at a time now. goal is to hit 500 before i move up to $10. I think this is a safe way to build but doesnt do anything for your post flop play. Once the blinds get high its either shove or fold. Would like to take a shot at some tourneys for a decent score, Any suggestions in the $5 range on stars.

9am EST on Stars is fairlty soft

 

Originally Posted by Faded TV

Key points to remember about BRM:

The risk of ruin function proves that at any bankroll level, if you withdraw all of your profits therefore maintaining your bankroll at the same level, your risk of ruin is 100%. An example to clarify: say you play $4.40 180plr tourneys and have a bankroll of 100 buy-ins, and every time you exceed that level you withdraw back to 100 buy-ins. In the long run, you will lose your entire bankroll by following this strategy.

There are two valid ways to avoid this problem. The first is to not withdraw your profits, which then gives you a relatively small risk of ruin if properly bankrolled. Of course, it also isn't an acceptable method if you're planning on using poker as an income. The second method is based on the Kelly criterion, and involves stepping down limits during downswings. Unfortunately it's impossible to do pure Kelly betting playing poker because buy-in levels are noncontinuous, but you can approximate it and have a very negligible risk of ruin while still being able to withdraw part of your winnings. This is basically the method that Jennifear recommends in her article, and I would definitely second that recommendation.

The most important thing that I would keep in mind with regards to bankroll management is that it isn't just guesswork. It's all based in game theory and is well-proven. The Kelly criterion is used extensively in the finance field, as are other concepts that are used in poker (such as the Sharpe ratio, which is the reason that multitabling and swapping both decrease variance). A lot of players get the idea that BRM is just a guideline, and that if they don't follow it it's not a big deal. The simple fact is that poker is not profitable in the long term without following proper BRM. It's of significantly more importance than actual poker skill.

Well put sir...good stuff here!

win?

i started my broll out by winning .40 cents on a freeroll built it up to over $100 now. the main thing you want to do is find a cash game your good at and can win at consistently. you want to mix cash games sngs and also mtts. you need to follow good broll management. a good way to earn your main and (safe) money is through cash games nd sngs (considering your a winning player) and this is how you get the money to play mtts. mtts have a lot of variance but with time and a lot of volume u can win consistenly. mtts are where the real money is if you can get close to or reach the final table. the payouts are huge and when you win big you feel great. hope this helps GL

I'm noticing how practically no one mentions to play any sort of cash games. Is this because of the swings or some unknown variable? If one decided that they were wanting to play cash games and can handle the swings, how much is appropriate to have behind them for say a 1/2 level. My guess is 2 grand? Thanks for input!

 

Originally Posted by okse54

play good poker?

I love your posts okse lol

 

Originally Posted by MakeMeMaster

Once upon a time I had $300 on my PS account and made a challenge to turn 300 to 10k. Now I have much more. I started with 4.40 180 mans and micro mtts and moved up from there. Also learning to play 12 180 mans is a great way to boost a bankroll.

12 tourneys at a time??? christ