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Old Jan 30, 2010, 12:22am   #11
killcrazy
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Generally speaking listen to people with a lot of reputation points at the forum, most of them are experienced winning players and many even play professionally

If you ever need multi-table tournament strategy advice, you can find me in the MTT Strat forum and i'll answer any question you post
aw, swoopie's ego is so cute

nobody ever gives rep points for good poker advice, you get rep points for making jokes or posting naked chicks.

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Old Jan 30, 2010, 12:58am   #12
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Some of the bankroll advice you will read is plainly stupid.

For example, people say get 30 buyins for NLHE, that would be 300 dollars at NL10.

And then you would have to grind up to $750 to move up to NL25. But if you are able to do that its a waste of time because...

Its not that much money. You can replace it, or get it together without much trouble.

You suffer opportunity loss.....more money you could be earning by playing higher or perhaps you stick yourself playing for less than you can make in a very modest part time job.

The fact is that you need to play at a level where the money means enough to you that you will bear down, play hard and study your game. If you are watching television or web surfing while you play then you aren't focused. The most you can ever be is a rush poker expert, a math nerd who grinds small edges and eats rakeback sandwiches. Its a dead end in today's poker environment.

The concept of bankroll management was designed for those who simply can't afford to replace it. Thus, risk can be quantified and managed in situations where the risk of ruin is really ruinous, rather than merely inconvienent.

Therefore radical BR managment often retards player development and acts to reduce long term winnings. It does of course play into the hands of the poker sites who are content to rake at higher rates at lower levels than they do at higher ones.

If you are serious about learning then you need to be prepared to invest in your education.

The ideal that is trumpeted online is to be the one who never deposits or maybe deposits only $50 and runs that up to hundreds of thousands. This is almost never realized. But tens of thousands of people have tried and adhered faithfully to BR requirements and thereby wasted years and sqandered all hope of being successful.

I am not saying that you should ignore bankroll math. You should learn it and apply it in a sensible perspective.

Risk and reward. Think about how they relate one to the other. Sometimes when you play it safe you are not playing at all.
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Old Jan 30, 2010, 7:34am   #13
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aw, swoopie's ego is so cute

nobody ever gives rep points for good poker advice, you get rep points for making jokes or posting naked chicks.

Kc
Except germans. Those bastards rep like crazy.
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Old Jan 30, 2010, 8:50am   #14
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Except germans. Those bastards rep like crazy.
lol... I gave you reps for the previous post before reading this.

@Bankroll Management:
I would go for a more aggressive management in the beginning. 20 buyins, even 15. But with the disciplin to move down a limit if the higher one does not work. You can climb up to NL50 easylie this way. Then it kinda starts to be real money.

But until then you should be good enough to judge yourself how good you really are.

I wouldn't care to start playing poker below NL10. NL10 players are normally not better than NL2 players and it just takes way to long to get up from the penny games to NL10. So just invest $200 and try it.
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Old Jan 30, 2010, 10:39am   #15
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Except germans. Those bastards rep like crazy.
they're trying to break out of their cultural stereotype by behaving like italians. ay, i makea the pasta i getta the medal, ay

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Old Jan 30, 2010, 10:44am   #16
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Originally Posted by jimmytrick View Post
Some of the bankroll advice you will read is plainly stupid.

For example, people say get 30 buyins for NLHE, that would be 300 dollars at NL10.

And then you would have to grind up to $750 to move up to NL25. But if you are able to do that its a waste of time because...

Its not that much money. You can replace it, or get it together without much trouble.
that a bankroll is easily replaced doesn't change the nature of good bankroll management, it just means you don't need to be concerned with good bankroll management if you don't mind reloading.

Quote:
Therefore radical BR managment often retards player development and acts to reduce long term winnings. It does of course play into the hands of the poker sites who are content to rake at higher rates at lower levels than they do at higher ones.
Most guys grow their roll faster than they learn, which is why most guys take shots and move down again.

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If you are serious about learning then you need to be prepared to invest in your education.
get your lessons as cheaply as possible.

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when you play it safe you are not playing at all.
wasn't that a song?

Kc
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Old Nov 17, 2010, 10:46am   #17
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For being a successful poker player you need to do a lot of home work. So be prepared for that. You need to read good poker books. Study online through various blogs, sites, articles sites. Read about poker and its different variants on different poker sites and on Wikipedia also.
Don't go for any poker program. Just play with the help of your mind.
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Old Nov 17, 2010, 11:17am   #18
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Read about poker and its different variants on different poker sites and on Wikipedia also.
+1 for learning poker from wikipedia. They have an excellent article on the "go and go" play (http://en.wikipedia.org/wiki/Go_And_Go). Who knew? You don't learn that kind of stuff from books.
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Old Nov 17, 2010, 2:23pm   #19
MikeAK47
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Originally Posted by jimmytrick View Post
The ideal that is trumpeted online is to be the one who never deposits or maybe deposits only $50 and runs that up to hundreds of thousands. This is almost never realized. But tens of thousands of people have tried and adhered faithfully to BR requirements and thereby wasted years and sqandered all hope of being successful.
It hardly takes years to build a BR from scratch, if you give $50 to most of the players on this site they'd probably have it up to $2000 in 6 months which is a good enough BR for 100NL.

100NL is where you need to start using good BRM, especially nowadays when your edge is so small and BR swongs are bigger, if you don't earn much from your job then you're not going to be able to replace 2K over night.

Maybe some people would rather spend money on getting drunk with friends/new guitars/whatever rather than reload their poker BR because they weren't using good BRM.
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Old Nov 17, 2010, 3:51pm   #20
killcrazy
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Maybe some people would rather spend money on getting drunk with friends/new guitars/whatever rather than reload their poker BR because they weren't using good BRM.
isn't this the second time you've mentioned guitars this week? what do you play?

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