Tuesday, April 29, 2008

beat online sit and go

Online Poker Sit and Go's can be pretty profitable. Sit and Go's are a profitable way to start out and earn a few bucks. You have a set amount you can lose and therefor are save not to go on tilt for a complete stack, or to reload more money and lose that as well. The important part with sit and go's however is to learn the basics. And to keep a strict bankroll management.

Your first 50$
Starting out with 50$ is a good measure, probably you ask yourself why 50$? Easy, you can get free 50$ over at pokerstrategy and start to play at Titan Poker or Partypoker. In case you are going for sit and go's, pick the Titan Poker site. Party Poker becomes profitable when you are able to hit the 10+1$ sit and go’s, unless you have a bankroll of at least 50 buyins for those it’s not good to hit that site.

You read it, 50 buyins should be the bankroll you are aiming at. That means you are starting out at the 1$ sit and go’s. 10 seater that is. Play premium cards in the level 1-3 Ace King suited, JJ and above, limp with small pocket pairs and hope to hit a set. Get aggressive once the blinds hit 100 chips when you are in position, aggression will lead to points.

Important rules of thumb:

Don’t bluff calling stations or maniacs.
Bet for value.
Bluff less than you actually want to.
Bet your good hands, don’t try to get tricky.

Test the waters yourself. Play tight, experiment. The early levels are easy to beat and you don’t need a lot of knowledge besides playing tight. Check out the tools at the bottom to get your play to the next level once you feel comfortable at the tables.
Pokerstrategy offers you some things that will be later for your later career, I could promote some shady affiliate sites, but pokerstrategy is a great deal. 50$ + 100$ for free and Poker education with a great community.

Tools for a good start into the sit and go lifestyle:
The SitNGo Wizard is a tool that will help you to analyze your play and make better decisions that may lead up to more placements in the money.

Poker Stove is a free tool to check up the equity of your hand compared to the hand of your opponents. It’s a great way to find out if you made the right bets, had the right odds to call, or just to find out if you made the right decision to stay in the pot at all.

Thursday, April 24, 2008

how to sustain your bankroll

bankroll management = winning at poker

you can be the best player in the world, without bankroll management you will lose. You want to play and win? It's not as sophisticated as everyone wants to tell you. Read a poker book and get the odds and outs clear. Join a poker school, a great one is pokerstrategy, they even give you free poker money, and get your poker mind started. Then forget it all besides bankroll management. Don't play stupid, that's all you have to do. Don't chase draws like a gutshot. Be aggressive. Learn to stay away from the game and learn to find the right games. What games are you good at, play those, quit the others. It's online poker, you don't have to play no limit, fixed limit or holdem. You can play omaha, stud, razz, horse, tournaments, cashgame, just play the games you beat. That's all what it takes to be good at poker. Play smart, play the right games and stay within your bankroll. When you stay within it magic can happen. It's not given that it will, but magic may happen. Quit the whining, quit the losing, start playing.
Start winning at poker today.
bankroll rules of thumb
sit and go's other than headsup 50 buyins
sit and go's headsup 30 buyins
NL CASH at least 40 buyins, you can't be too conservative here.
Tournaments, 100 buyins
and after all, the most important part, just play with money you can afford to lose. Otherwise it's scared money and won't be any good. You don't HAVE to succeed at poker to be happy or a good player, you have to WANT to succeed at poker to have any chance at all.

Tuesday, April 22, 2008

headsup sit and go bankroll management

Playing heads up sit and go's can be one of the most paying forms of poker you can play. Most players sitting at those tables are just bad, they could not fold top pair no matter what and may push any ace x preflop on blindlevel 3. That's the fun part. When you know how to play the game, it's more or less easy to beat. There is only one problem you may face when climbing the ladders of heads up poker, it's bankroll management. How many buy ins should you have? What kind of downswing can be expected? How do you manage tilt and losing sessions?

Bankroll management keys
  1. keep a minimum of 20 buyins for the level you play at, it's better to have 30. During heads up sit and go's a lot less luck is involved. You face a single opponent and unless you suck at poker or have to push marginal hands all the time, you should be able to beat the games fairly easy up to 50$. When you sharkscope heads up players you find plenty of guys running pretty bad so to say.
  2. Don't move up on limits to fast. This is one of the mistakes people usually make, "oh I have 5 buyins for that limit, let's take a shot." You lose that and move on to the next higher limit giving yourself 1 buyin. You lose that and my bankroll is gone again. Well it should not be like that, but you get the picture. Just stick to a roll where you can take at least 10 losses and still feel comfortable.
  3. Move up when you can. I'd say move up once you hit 30 buyins for the next level. Conservative players can go for 40, gamblers for 20. Poker is about taking shots at the higher levels without losing your bankroll. The higher you go the more sophisticated or stupid players get. People with money will gamble, not as bad as in a casino, but still they are there. And headsup poker attracts them.
What kind of downsings can you expect?
That's pretty much depending on your skill level. Poker is luck, headsup is luck, but overall I have recognized that headsup poker is less about luck than other forms of poker. Usually it's easier to get a read, put the other on a hand and get your money in good. You can't expect more. There will be suckouts, there will be losses, but on the long run, headsup sit and go's are beatable in my eyes.

Tilt and losing sessions
How to avoid them is one of the key lessons every poker player has to learn. Nobody is the same and it's hard to give advice. Usually it's good to quit when you are losing. Just call it a day. It's tough online, you can always find a running game, but you have to learn it. Some players can take losses like they don't matter, others go on tilt. Emotional players have problems, but will make ballsy calls and plays that the others players would not make. It's a fine line, and probably, in no limit a human with emotions going with his reads may beat a computer playing his cards.

Monday, April 21, 2008

stagnating bankroll, in other words 0$

The last few months, or rather the last year has been kind of a strain. I know what I am doing wrong, but somehow I can't see to find a fix for my mistakes. I put some money in, took some money out, overall I probably lost a little probably over the last months.
Right now I am on Poker break. It's time to re-evaluate my game, get another job and finish some exams. Busy life!

The next few posts will deal with fixing mistakes that will cost you money. I am not talking about losing streaks or something like that. It's about the game of life, right decisions at the right times. Bankroll management is the key to winning or losing, just like a fullfilled life is taking the rights steps in the right direction and finding yourself. You can't float around and think of one thing and neglect the other.

It does not matter how great you play, sometimes you will lose. Luck factor. My biggest mistake is grinding it up and then losing it all playing limits I can't afford to lose at without losing my complete roll. It's been like that for quite some time. I just lose my temper and get into the, what some people call, fancy play syndrome. Winning and winning, beating others up like no good and then, when it counts, when bankroll management would be a great ability, it's time to give all the winnings and more back to others.