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.

Thursday, February 14, 2008

last day of klopzis contest

Klopzi is still running his contest over at his blog, and you did not join his great contest yet? Do it now!!!

Klopzi's Mediocre Poker runs that contest and you can win 3 full retail copies of poker academy prospector. All you gotta do ist post about the contest and write a few sentences about it !

This software seems to be a great tool to analyze your poker playing through hand histories. Probably a little similar to poker tracker. I love free stuff and don't own a copy of this probably great product yet. So COUNT ME IN A SECOND TIME!!!

Klopzis blog is just great in the way he talks about his poker journey and about what he has been achieving so far. Starting with freerolls going over to the real money tables and being a winner at NL200 now. It's amazing and tells us one thing, we can achieve it when we work and study hard and don't give up! Even long breaks can't keep us away from the tables.

Saturday, February 9, 2008

is blogging a sales pitch?

Anyone notice this? Probably Poker blogs have a certain amount of advertisement in them by the nature of the game. I really wonder if anyone who runs a blog ever made a dime out of all the advertisments they offer. This blog hasn't, but actually it has not been the intention to do so, which is pretty unintentional. I would like to earn a few extra bucks here and there, so what's the matter, how do all those Poker bloggers who earn cash with it do that? I mean besides winning at Poker. Anyone got a clue?

Friday, February 1, 2008

don't whine

There are stories to be told and other to be forgot. I suck. Noone to blame but myself and stupid people in different timezones. I should love them, but I hate to take beats. 5 Time sucker kicker sucks me out and I am beat down and ugly. It's increadible. Should have called it a day.

great and fluffy contest

Hi folks, I just wanted to mention that Klopzi is running a great contest over at his blog Klopzi's Mediocre Poker where you can win 3 full retail copies of poker academy prospector.

This software seems to be a great tool to analyze your poker playing through hand histories. Probably a little similar to poker tracker. I love free stuff and don't own a copy of this probably great product yet. So COUNT ME IN.

To join this contest is very easy. In case you own a blog just create a post about his contest and post the link to it in the contest post over at Klopzi's Blog.
So what are you waiting for? Pay him a visit and take part in this linkbait... Those program comes in at 59$ when you buy it regularly and it's sad that noone took part yet! Hurry you still have all chances in the world to win this random skill contest!