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I have $90 -- where do I begin?

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  1. jdro jdro is offline

    Los Banos, CA
    United States

    Posts: 695
    Joined: Mar 06

    Mar 20th, 2006 (3/20/2006 5:59pm)

    So I have been playing online for about a year, I've made decently significant profit twice (significant for me means around $500, I understand that is not significant for a lot of the players on here) and cashed out to pay some bills and some living expenses...I work as a Production Assistant in TV and do not make a lot of $$$ and I am in a bit of a dilemma because I don't have the time really in my life to spend tons of time slowly building up a bankroll by playing very low limit $5sng or something....BUT I also don't have the bankroll to jump right into $50 tourneys and trying to win for big prizes....SO, where do you guys think the fine balance is? I was thinking the new $4 180mans on pstars are good because they are low and i should be able to play pretty high in it for hopefully a pay day of $70 or more for a small investment...but part of me really wants to play the $20 180mans or the $35 6man sng where I think I could probably clean up...but my $90 bankroll that I have right now is wayyyy too small to play in a $20 or a $35 right? What about a $3 rebuy tourney with unlimited entrants? Last night I finished 30th in a $10 - 1,743 on pstars for a payday of $61 (ugh, wanted more!) and that is how I got up to 90.......

    Sorry for a bit of a rant, just unsure exactly where to go from here with my poker career and any input or insight from fellow more experienced players would help me greatly, thanks!!!!
  2. grasshopper22 grasshopper22 is offline

    Las Vegas, NV
    United States

    Posts: 698
    Joined: Feb 06

    Mar 20th, 2006 (3/20/2006 6:07pm) in reply to jdro

    wow thanks for the tip about 4 dollar 180s. 1st place is 216 bucks, not bad. I didn't know they existed. It says they only run from 12am to 5pm. thats kinda weird.
  3. paulpete paulpete is offline

    Las Vegas, NV
    United States

    Posts: 1,729
    Joined: Aug 05

    Mar 20th, 2006 (3/20/2006 6:15pm) in reply to jdro

    if i were you I would play $10 SNG's, you could go broke real quick as it's only good enough for 8 SNG's but screw it you only live once. With a one or two first places in those 8 tries you should be able to build a tiny bit of a roll.
    Anything below $10 you probably won't have the patience to mine the donks
    Anything above $10 and one or two SNG's could wipe you out.

    Just my two cents if I were you, im sure others will think this is too aggressive of a strategy but if you don't have the time to slowly build a roll this is what i would do.
    good luck,
    paul

    **You could also do some bonus whoring, but depositing $90 at a site won't get you a great bonus***
  4. 405z06 405z06 is offline

    Fenton, MO
    United States

    Posts: 361
    Joined: Jan 06

    Mar 20th, 2006 (3/20/2006 6:20pm) in reply to grasshopper22

    A few months ago I was really low on my pokerstars account and found the $3. + .40 10-man SNG turbos to be an easy way to build a small bankroll. Play tight and wait for hands and 1/2 the field donks their way to bust really quickly. Double up once and you are in decent shape to cash. Get aggressive when the blinds get high (and it happens quickly) and you are in good shape.

    I don't think the $20 or $36 SNG strategy is too smart with a bankroll of $90. My modest bankroll is in the very low 4 figures and I won't spend over $20 for a SNG or MTT. Maybe I need to loosen up.....
  5. BuckElvis BuckElvis is offline

    Fredericksburg, TX
    United States

    Posts: 134
    Joined: Jul 05

    Mar 20th, 2006 (3/20/2006 6:27pm) in reply to jdro

    That is exactly how i got my start; i made a list of tourneys that i could enter with a bankroll of varying sizes; my old cheat sheets says with a roll of 150 and less i would not enter anything greater than penny ring games, nothing more than 5 dollar sitngos and 5 dollar mtt; i would not allow myself to enter anything with a rebuy;; this has served me well
  6. Adam Adam is offline Emperor

    Atlanta, GA
    United States

    Posts: 12,629
    Joined: Dec 04

    Mar 20th, 2006 (3/20/2006 6:36pm) in reply to BuckElvis

    Good advice from a good player
     
  7. jdro jdro is offline

    Los Banos, CA
    United States

    Posts: 695
    Joined: Mar 06

    Mar 20th, 2006 (3/20/2006 7:21pm) in reply to Adam

    thanks buck and everyone else who replied!
    Thread Starter
  8. Maits10 Maits10 is offline

    Scottsdale, AZ
    United States

    Posts: 1,383
    Joined: Sep 05

    Mar 20th, 2006 (3/20/2006 7:44pm) in reply to jdro

    Read Fox's bankroll management article. Best advice I can give you. Search this forum for it, don't have an exact link.
  9. igotmadbeetz igotmadbeetz is offline

    Cincinnati, OH
    United States

    Posts: 306
    Joined: Jan 06

    Mar 20th, 2006 (3/20/2006 9:20pm) in reply to 405z06

    i agree with the 3.40 turbos, I played those, and then the 6.50 turbos, then the 16s, then the 27s, and now the 33 and 55 speeds on party
  10. Scha Scha is offline Creator of SchaArcade & SchaCam

    Trondheim
    Norway

    Posts: 9,187
    Joined: Jan 06

    Mar 20th, 2006 (3/20/2006 10:04pm) in reply to jdro

    Okay... Heres what you do. This method has been developed, and tested a lot of times, by me and my brother.

    Put it all on red! You'll double your money and you can even do it more times. You'll know when you did it once too many.
  11. NUTZREALHUGE NUTZREALHUGE is offline

    Houston, TX
    United States

    Posts: 3,329
    Joined: Oct 05

    Mar 20th, 2006 (3/20/2006 10:21pm) in reply to Scha

    party poker blackjack...its a guarantee...lol just kididng

    try the 6 dollar turbos on stars. they are pretty easy.

    if i were you, id stay out of the ring games at least til you build up a little...the reason i say that is because (at least to me) micro ring games are soooooo frustrating. much more so than low level sngs.
  12. sketchy1 sketchy1 is offline Dangerzone

    Posts: 9,597
    Joined: Apr 05

    Mar 20th, 2006 (3/20/2006 11:43pm) in reply to jdro

    withdraw it to neteller, deposit into party poker, put it all on one bet of blackjack. if you win, take another $35 bet, and bet. if you win, take the $215 and play next next sunday (the first april tournament) on stars, don't chop, and turn it into $150k+. i'd estimate your specific odds of doing just this at...

    probably close to 20,000-1?

    oh fuck, you wanted a good way to spend your money. n/m.
      

    sketchy1 is an instructor at PocketFives Training . To get more of his advice and to watch his training videos, click here.

  13. Shepstar Shepstar is offline

    Montreal
    Canada

    Posts: 344
    Joined: Feb 06

    Mar 20th, 2006 (3/20/2006 11:46pm) in reply to sketchy1

    LOL 20 000-1 ?

    thats being extremely generous
     
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